collageMasters in Business Analytics is a degree which primarily focuses on the analysis of complex data and complex models in order to support decision making processes. The most relevant knowledge and skills can be applied across industries. Ethics and data protection rules will be analysed in the context of impact on corporate governance issues. The capacity for teamwork, creativity, problem solving, learning agility, effective leadership will be fostered. Mastery of the tools required to interpret market information according to present-day needs is at the core of this Master.
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Master’s in Business Analytics Germany
MSc Business Analytics course is designed for those who have a numerical background and want to develop their understanding of data management and cybersecurity. The practical programme will allow participants to gain skills in applying correct statistical techniques for decision making and more importantly, communicate findings in a non-technical way that is easier to understand.
Master in Data Analytics & Management
In Frankfurt or in Hamburg, the Master in Data Analytics & Management empowers managers with the skills and competences to create purpose and data-driven organisations to lead digital and business transformation.
Managers are required to foster purpose driven innovation and motivate organisational change through new and disruptive technologies. Our students acquire skills in big data, digital transformation, communication and leadership which are all required to manage digital transformation in an ever-changing world.
- Compatible with full-time work
- Block lectures take place during 7 weeks (over 3 semesters)
- A combination of technical, strategical and data-driven organisational skills
- Current trends such as; Blockchain, Machine Learning, Data Science and AI
- Our lecturers are specialised with state-of-the-art scientific knowledge and are experienced in managing digital transformation
- Cooperation with SAP Innovation Center
- Extensive network of industry experts and potential employers
- Access to our AI Lab
- New, modern campus and study centers in the centre of Frankfurt and Hamburg with direct and quick access to airport and train connections
business analytics masters uk
The part-time Master in Data Analytics & Management is available in Frankfurt and Hamburg: one programme, one network, same curriculum. The schedule is designed to allow candidates to choose the location that suits best their needs.Curriculum
The abundance of data in combination with technologies such as machine learning is rapidly changing business. Initially companies tend to focus on the technical challenge but often it’s actually the strategic and organisational challenge that turns out to be bigger. The Master in Data Analytics & Management will give you the skills to understand the technical foundations of digital transformation, driving strategic and business model implications and managing the necessary organisational change aiming at a purpose-driven and sustainable business transformation.
We start off by giving you insights into the foundations of key technologies like machine leaning and blockchain. Then we focus on how this technological innovation can be translated into business use cases that can add value to the bottom line. The final third of the programme is dedicated to the human aspect of the digital transformation- how to bring key stakeholders on board to lead a sustainable change, which is crucial for the long-term success of a digital transformation.Module 1
IoT
Collecting, Aggregating &
Managing Data
BlockchainModule 2
Data Visualisation & Data Science
Machine Learning & Deep Learning
Deploying Machine LearningModule 3
New Business Models
Platform Economics
Innovation ManagementModule 4
Identifying Opportunities
Building Organisational Capabilities
Agile MethodologiesModule 5
Leading Digital Transformation
Purpose & Data-Driven Change Management
System / Design ThinkingModule 6
Excursion Digital Transformation & Experiential LearningModule 7
Ethics
Learning Experience
We believe in a holistic and practical approach, where our students development is at the heart of every classroom. Applying a process-based approach, students will advance in critical thinking and problem-solving strategies, which in return enable them to apply the knowledge, skills, competences and methods for their businesses.
Whilst you will receive a strong theoretical foundation, the emphasis of the programme will be on the practical application of methods and theory. As such, a significant proportion of the modules involves teaching by practitioners, who have everyday experience with data-driven decision-making and digital transformation.
SAP Innovation Center
Thanks to the support for our cooperation partner SAP Innovation Center Potsdam, we can provide our students with the knowledge and skillset in a practically-oriented approach
The first five modules are supplemented by an additional experiential learning module in which we cooperate with the SAP Innovation Center. They will supervise different projects on which students work while studying and in block week 6 at the SAP Innovation Center in Postdam students will present the projects’ outcomes.
AI Lab
Company Visits
Blockchain Center
Centre for Human and Machine Intelligence
Study Structure
Thanks to the dual structure, alternating block weeks and self-study, the Master in Data Analytics & Management programme can be optimally combined with your professional activity. After the introductory week, the block modules take place once approximately every nine weeks, from Monday to Saturday at Frankfurt School. Between each intensive block week, you will work alone or in groups on study-topics that you can choose to base on your own business, or on real-life cases.
You will then complete your studies with your six-month Master’s thesis and a final conference. Our lecturers and professors accompany you during both phases of study, providing guidance, advice and recommendations throughout the whole programme.
Lecturers & Network
Lecturers
You will be taught by lecturers with work experience at the following companies:
- Allianz Global Investors
- BMW
- Boston Consulting Group
- CRX Markets
- Deutsche Bahn
- Deloitte
- EY
- Gauly Advisors
- Horváth & Partners Management Consultants
- KPMG
- McKinsey & Company
- Mertz
- Nestle
- Porsche Consulting
- Roland Berger
- Rothschild & Co
- Sigma Corporate Finance
- SGP Schneider Geiwitz
- Volocopter
Network
Our students typically come from consulting and industry with an extensive range of practical and education backgrounds which will open up your network to new areas. During the intensive block weeks you’ll get the chance to exchange thoughts and learn from each other’s know-how and practical experience.
Additionally, our exclusive corporate and alumni connections allow you to strengthen your career network in a wide range of industries while studying. Our Frankfurt School Alumni Network brings together a large number of national and international executives at a various events and workshops.
Career Growth Opportunities
Students participating in this programme aim at deepening and advancing their already sophisticated career to the next level by adding innovative and revolutionary components, competences and methodology as well as objectives for their businesses. Our graduates are qualified to lead in areas such as consulting, project management, executive management and business analytics, digital transformation and change management etc.
Application Process
1. Online Application
The first step of our application process is to complete the online application form. You will need to upload the following supporting documents:
Required Documents
Deadlines & DiscountsApply
2. Interview
Successful applicants will be invited to an interview. The interview will be held either at Frankfurt School, or over a video call/the phone. The purpose of the interview is to gain a better understanding of your professional and academic experience and discuss motivation for the programme and goals for the future.
3. Results
You will receive a final decision on your application shortly after, the decision is made by our Admission Committe and based on a combination of your application and the interview performance.
4. Programme Start
The first block week of the programme starts in October.
We look forward to welcoming you at your campus!
Financing
Investing in your future
Your degree is an investment in your professional future. As a business school of international standing, not only do we offer you ideal conditions for earning a degree – we also offer you excellent career prospects.
And since we can guarantee the quality of our teaching and research, we also expect the highest levels of commitment and motivation from our students.
Frankfurt School is one of Europe’s leading business schools delivering German excellence in management and finance education.
Masters in Business Analytics in Germany: A detailed Course Guide
Masters in business analytics in Germany is a 1 to 3 years program offered by more than 10 universities in Germany. This program teaches scientific methods for analyzing and optimizing complex relationships in economics and management processes in various areas such as supply chain management, operations, logistics, etc.
- MS in Business Analytics in Germany is majorly offered as full-time or extra-occupational course in most of the universities
- A bachelor’s degree in computer science, business informatics, data science or any related field is required to apply for this program.
- Program fee of universities offering masters in business analytics in Germany ranges from 16,000 to 21,000 EUR depending on the university.
- A business analyst can earn up to 49,765 EUR per annum in Germany.
Why Study Masters in Business Analytics in Germany
It is reported that the number of international students coming to study in Germany is increasing, with an average of 7% to 8% annual growth over the past eight years, according to statistics provided to Local Germany from Studying-in-Germany.org. Students prefer to study MS in Business Analytics in Germany because of following reasons:
- Business Analysts with less than 1 year of experience can earn up to 44,000 EUR per annum which increases up to 60,000 EUR with 10 – 19 years of experience.
- In Germany, the immigration policies allow international graduates with a German university degree to obtain Job Seeker Visa and a German residence
- Both permits are valid for 18 months and thus gives enough time to students to look for a job.
- Big companies like SAP SE, Shell, Efficio, Microchip Technology, etc hire Business Analysts in Germany.
- Most public universities offering Masters in Business Analytics in Germany do not charge any amount for tuition.
Popular Universities for Masters in Business Analytics in Germany
Popular universities offering a MS in Business Analytics in Germany are listed in the table below along with the program offered, duration of study and total fee:
| University | Program Offered | Total Program Fee (in EUR) |
|---|---|---|
| University of Technology, Chemnitz | MS in Business Intelligence & Business Analytics: 2 years | Free |
| SRH University, Heidelberg | MS in Big Data and Business Analytics: 2 years | 18,960 |
| Neu-Ulm University of Applied Sciences | MS in Business Intelligence and Business Analytics: 1.5 years | Free |
| Otto Von Guericke University | MS in Operations Research and Business Analytics: 2 years | Free |
| Stuttgart Media University (Hochschule der Medien) | MS in Data Science and Business Analytics: 2.6 years | 21,000 |
| Gisma Business School, Berlin | MS in Business Intelligence and Analytics: 1 year | 16,000 |
| ESCP Europe Business School, Berlin | MS in Big Data and Business Analytics: 1 year | 20,000 |
Note: In addition to the tuition fee, students may have to pay a one-time registration fee or other charges at the time of admission in some of the universities. Additional fee is also charged on a per-semester basis in few universities if a student exceeds the normal duration of the study.
Masters in Business Analytics in Germany: What It Is About
MS in Business Analytics in Germany is offered as various specializations such as business intelligence, big data management, data analytics, data engineering, business informatics, and data science. After a four-month internship and a research project, students are required to provide and present a professional thesis to complete this program.
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Mostly, masters in business analytics in Germany is made of core modules and three basic segments spread across the study period. The segments are:
- Data Science: Introduction to data mining & machine learning, data quality & visualization, big data, NoSQL & Watson analytics, and design thinking.
- Business Analytics: Business process analysis & data modelling, data-driven business strategy, analytical modelling, information systems management and managerial decision making & modelling.
- Analytical Applications: Accounting basics & financial reporting, financial analytics, management & consumer insights (marketing) analytics, enterprise systems improvement (SAP, IoT, etc.), digital manufacturing and supply chain and, digital entrepreneurship and innovation.
Some of the core modules include:
- Data discovery visualization
- Data-Driven decision making
- Predictive analytics
- Research methods, professional development, and dissertation/project
There are also electives to choose from such as emerging technologies, blockchain, FinTech & procurement and SCM.
Admissions Process of Masters in Business Analytics in Germany
A bachelor’s degree in business, finance, computer science or related field is required to apply for MS in Business Analytics in popular universities of Germany.
Where to apply: Interested students are required to visit the university’s website and apply through the application webpage. However, international students can apply in some German universities through uni-assist portal.
Eligibility for Masters in Business Analytics in Germany Admission
- Bachelor’s degree in subjects such as business, finance, computer science, marketing, management, or any similar field
- Relevant work experience or internship
- Proof of English proficiency (IELTS or TOEFL test scores)
Documents Required for Admission in Masters in Business Analytics in Germany
- Officially attested proof of successfully completed university entrance examination
- Curriculum Vitae with photo
- Letter or references (number of reference letters may differ per university)
- Internship report.
- Certificate of a language test
- Officially attested copies as a proof of successful completion of bachelor’s degree at the home country with translation in German or English language
- Transcripts showing full details of subjects and grades offered in the previous institutions
- A copy of the passport or photo page of the passport.
- Essay or statement of purpose (if required)
Proof of English Proficiency for International Students
International students are required to demonstrate proficiency in English as the program curriculum of MS in Business Analytics in Germany is taught in English. Acceptable minimum score in some universities is provided below:
| University | Minimum TOEFL (iBT) Score | Minimum IELTS Score |
|---|---|---|
| University of Technology, Chemnitz | 72 | 5.5 |
| SRH University, Heidelberg | 80 | 6.5 |
| Neu-Ulm University of Applied Sciences | 90 | 6.5 |
| Otto Von Guericke University | 108 | 7.0 |
| Gisma Business School, Berlin | NA | 6.5 |
Note: International students are also required to demonstrate sufficient knowledge of German for admission in some of the universities. Following certificates are accepted as proof of German language proficiency:
- TestDaF 4 (minimum of 16 points, with at least 4 points in every sub-category)
- Deutsche Sprachprüfung für den Hochschulzugang (DSH), at least level 2
- telc C1 Hochschule
- Das Deutsche Sprachdiplom der Kultusministerkonferenz, level 2 (DSD II)
Admission Decision
Applicants are encouraged to submit the completed application to uni-assist as early as possible as it will be evaluated by uni-assist before being assessed by the university. The admission decision for all the universities listed above are mostly released within three to nine weeks on an average.
Cost of Study for Masters in Business Analytics in Germany
Applicants interested in studying abroad must have sufficient funding which is distributed into three categories: Pre-arrival cost, Tuition Fees and Cost of living. It costs an average of 18,000 EUR to study MS in Business Analytics in Germany.
Pre-arrival Cost
The table below highlights the pre-arrival cost for international students:
| Type of Expense | Amount (EUR) |
|---|---|
| Program Application Fee | 75 to 130 (free in some cases) |
| German Student Visa Application Fee | 75 |
| Health Insurance | 1,236 – 1,341 per annum |
| IELTS fee | 229 – 233 |
| TOEFL fee | 228 |
| Airfare | 250 – 600 |
Tuition Fee of Masters in Business Analytics in Germany
Most of the public universities of Germany do not charge any tuition fee. Annual fees of some of the universities is provided below:
- SRH University, Heidelberg: 9,480 EUR
- Stuttgart Media University: 8,400 EUR
- Gisma Business School: 16,000 EUR
- ESCP Europe Business School: 20,000 EUR
Cost of Living in Germany
The table below highlights the average cost of living for international students in Germany including food, clothing, entertainment, cost of accommodation and transportation etc.
| Type of Expenses | Amount per year (in EUR) |
|---|---|
| Hostel and Guesthouse | 9,000 – 15,000 |
| Share Rentals | 3,120 – 5,520 |
| On-Campus | 4,500 – 6,444 |
| Homestay | 3,000 – 4,800 |
| Groceries and Eating Out | 3,000 – 3528 |
| Public Transport | 528 – 720 |
| Entertainment | 2,000 – 2,280 |
Scholarships for Masters in Business Analytics in Germany
The table below shows some available scholarships for international students in Germany pursuing masters in business analytics:
| Scholarship | Amount Offered (EUR) | University |
|---|---|---|
| German Academic Exchange Service (DAAD); Scholarship program STIBET I | Varies | University of Technology, Chemnitz |
| Deutschland Stipendium | 300 per month for at least two semesters | SRH University, Heidelberg |
| Scholarships for International Students and Doctoral Students | 250-300 per month for one semester | Neu-Ulm University of Applied Sciences |
| German Scholarship | 300 per month for two semesters | Otto von Guericke University, Magdeburg |
| Deutschland Stipendium | 300 per month for at least two semesters | Stuttgart Media University |
| Academic Merit Scholarship | Varies | Gisma Business School, Berlin |
| ESCP Foundation Scholarship | 2,000 per annum | ESCP Europe Business School, Berlin |
Scope for Masters in Business Analytics in Germany
MS in Business Analytics in Germany trains students to work almost at any place where data and business trends are analyzed and processed. This is due to the fact that businesses and organizations need business analysts whether they are profit organizations or not. Business analysts can also move from industry to industry with ease. Thus, it is a very flexible career option.
Below are the top organizations where business analysts can work after graduation.
- Information technology organizations
- Finance/insurance companies such as banks and financial co-operations
- Government and public sectors such as government ministries and the civil service
- Business/professional consulting companies
- Healthcare and social services such as WHO, national health organizations, hospitals, etc
There is a growing need for business analytics in Germany, especially in Berlin which is one of Europe’s largest cities because of the emergence of new start-ups and advanced technologies. Moreover, a master’s in business analytics gives students the opportunity to go further into areas of Information Technology, Data Science, Business Intelligence and Management. DOWNLOAD GUIDEFREE COUNSELLING
msc business analytics with placement in uk jan 2022
Business Analytics Masters in UK is a high demanding course with an excellent placement rate. … Computing skills and machine learning have become a part of MSc Business Analytics in UK, and the use of computer languages like Python, R, and SQL has become crucial in business analytics.
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