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- Do Some Research
If you want to find out more about PhD In Business Analytics In Germany, then the best way to get started is by doing some research. You need to find out about the courses, colleges and universities offering them, and even job prospects after completing them. Doing this will help you find out more about making a career in business analytics.
- Decide On The Best Program For You
Deciding on a program that suits your skills and interests is very important if you want to enjoy learning it. Most people make a mistake of choosing programs because they seem lucrative and end up feeling bored once the course begins. So make sure you take time before deciding on one; this will help avoid cases of dropping out or quitting halfway through the course.
- Find Out More About The Course
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PhD In Business Analytics In Germany Overview
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Business Intelligence and Analytics is a discipline that uses digital tools and strategies to analyse business data. The gathered information is used to improve business operations, make future predictions and adapt strategies to fit observed trends.
A Career in Business Analytics is an exciting, fast-paced career which focuses on turning business data into analytics that drive the bottom line. At its core, Business Analytics (BA) combines business, technology and analytical talent. It requires training in finance, accounting, application development, mathematics and statistics.
Studying in Germany for a PhD is an investment in your future – we can help you build a foundation for a successful career after graduation. By combining the latest business data and techniques with traditional doctoral-level topics, you’ll gain skills and knowledge that will serve you throughout your career and lead to better, more innovative solutions and services.
Some of the subfields within Business Intelligence and Analytics include Statistics, Information Management, Data Analytics, Risk Management, Analytics and Modelling, and Digital Innovation.
phD analytics
During courses, you will discover business intelligence tools and applications used to collect and interpret data from various sources. You’ll be working with data warehouses, creating reports, analysing data, and understanding how you can use them to make better business decisions.
With the help of Business Intelligence & Analytics, you can evaluate business goals and customer behaviour in order to address issues such as poor performance management or loss of clients. Students learn how to combine and make use of Statistics, Data Science, and Computer Engineering, while also developing analytical, problem-solving, and mathematical skills. You will also discover how to efficiently communicate technical or statistical information to people who aren’t experts in these fields.
If you’re not passionate about numbers and organising information, this discipline is probably not for you. Business Intelligence & Analytics is for the people who are excited by the opportunity to find patterns, work with large amounts of data, and use it to actually change something in their company, organisation, or community. It’s not the kind of job that will help you be on the first page of newsletters, but many improvements we are benefiting from come from this type of work.
Business Intelligence and Analytics graduates have successful careers as system analysts, senior stats analysts, programme developers, business operation consultants, business intelligence managers, and others.
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 a PhD in Germany
The doctoral study in Germany is a quintessence of how proficient they are with higher education. Let us study in details the perks of pursuing Ph.D. programs in Germany:
Free Adult Education: Germany has made itself stand out in terms of higher education. It provides free of cost education to the national as well as international students. It only costs a student a minimal 310 EUR to cover the semester as well as traveling fees which is a small amount in comparison to other foreign universities.
Immensely well infrastructure and facilities: Germany has been stated as the 3rd best place for education in the world after the UK and the USA and that is quite evident from the amenities it is providing. A plethora of non-university research organizations contribute to proficient education in universities in Germany for Ph.D. Few which deserve special mention are:
- Helmholtz Association of German Research Centres: This is the most renowned as well the largest scientific institute in Germany. It holds 18 biological-medical and scientific-technical research centers. They were ranked #8 in 2015 and #7 in 2017 by the Nature Index who holds the topmost position as contributors to papers in 82 leading journals.
- Leibniz Association: This organization holds 96 non-university research institutes and service institutes in the field of science.
- Fraunhofer-Gesellschaft: Talking about applied science, this one has 72 research institutes spread across Germany with its headquarters in Munich.
- Max-Planck-Gesellschaft: One of the best associations, which is both non-governmental and non-profit, founded in the year 1911. Their goal is to research the natural, life, and social sciences as well as arts and humanities.
PhD in Germany with Scholarship: Germany respects the knowledge of all the students and therefore they never let anyone give a pause to researching only because of lack of money. There are organizations whose main aim is to provide enough funds so that the knowledgeable ones are forever cherished. Few institutions offering scholarships to international students in Germany are mentioned as follows:
- DLR-DAAD Research Fellowships in Space, Aeronautics, Energy, and Transportation Research: This is one of the most celebrated organizations aiming towards research on space, aeronautics, energy, and transportation. Funding methods for DAAD scholarship are described below:
- For fellowship PhD, students will receive around 1,760 euros per month.
- Travel allowances extra
- Health and family insurances added
- Junior researchers will receive an amount of 2,400 euros
- Senior researchers will receive an amount of 2,760 euros
- Green Talents: This one is funded by the Federal Ministry of Education and Research (BMBF). Whoever wins this competition is not only funded but also called by the Science Forum for admission to the leading Ph.D. positions in Germany. Furthermore, Green Talents give their students BMBF funded research where they get to dwell on a place of study of their choice and follow it up with the science forum. To be noted, only international students are eligible for funding.
- Helmholtz Research Schools and Graduate Schools: Only those students who are highly efficient and meritorious get through this place which is funded by the Helmholtz association itself. This place nurtures the doctorates by professionally training them. They offer roughly 3,700 euros every month for three years which can be extended to one more year.
- Individual doctoral projects at Fraunhofer Institutes: This is another noteworthy organization that is funded by Fraunhofer Gesellschaft. It offers students an interesting way to go ahead. One can learn as well as work in their world-class infrastructure. Their course structure is for three years and can be extended up to 6 years. Their funding method is the same as Helmholtz.
Admissions to PhD in Germany
You can for either individual or structured Ph.D. in Germany. For applying for an individual Ph.D. you need to recognize a supervisor. You must request the supervisor to supervise your thesis and wait until approval from the supervisor. When applying for a structured Ph.D. you can directly enroll with the institution offering the doctoral degree.
- Curriculum vitae: CV states the qualifications, work experience, and more. A precise portrayal is needed to study the candidate effectively.
- An outline of the doctoral thesis: This is the foremost step to be taken care of as this is the first proforma of the thesis that will be witnessed by the mentor. The following topics should be covered to apply in German universities:
- A concise account of the thesis as a whole
- The candidate’s purpose in writing it
- The outlook of the thesis
- Research methodology
- The motive behind opting for this topic
- Analyzing the impression of the topic
- Deadline
- Master’s Degree: It is mandatory to possess a master’s degree equivalent to the German one.
- You may be requested to submit SOP for Ph.D.
- Language Proficiency: For most of the international Ph.D. programs in Germany you are required to have English language proficiency. However, some traditional Ph.D. programs may require you to German language proficiency. Some of the score requirements are as follows:
| Tests | Score |
|---|---|
| TOEFL | 79+ |
| IELTS | 6.5+ |
| DSH | Level II |
| TestDaf | B2 or C1 |
- Conditions pertaining to the language in which you will be required to have your thesis are regulated by Doctoral Regulations of the department you are enrolled with. Doctoral regulations contain academic and department rules governing the doctorate award. They cover the process from application to submission of the thesis and an oral exam.
- Interview: You will be required to attend a skype or in-person interview. A panel with 2-4 admission committee members questions you about your academics, career goals, and other aspects.
Note: Bachelors students are accepted in the research program in exceptional cases (eg. if the student is tremendously meritorious). An application must be sent to the Dean’s office for approval in such cases.
Finding Suitable Supervisor for PhD in Germany
Some of the online platforms that can help you find a suitable supervisor are:
- DAAD
- PhD Germany
- Hochschulkompass.de
- academics.de
After finding a supervisor the responsible department/committee must confirm your eligibility as a prospective student.
Acceptance as a Doctoral Candidate: Once you have found a supervisor, the admission committee for the doctoral department needs a statement from your supervisor, along with certified copies of your documents.
Visa Process for International Students to Germany
You will need a student visa to Germany to pursue your studies, there are two types of student visa:
- Schengen Visa: Permits you to avail of a course in Germany for 90 days in particular.
Visa Fee: 60 EUR - National Visa: Permits you to remain in Germany for over 90 days, alongside this you need to have a residence permit too.
VISA Fee: 75 EUR
The visa processing time takes about 25 days. Here is a checklist of documents you will need.
- A duly-filled application form and a cover letter stating the purpose and duration of your stay
- A valid passport
- Two recent photographs
- Acceptance letter from a German university
- Transcript of academic record
- Language proficiency certificate( German or English depending on your course of choice)
- Proof of valid private or public health insurance
- Declaration of the authenticity of documents submitted
- Criminal record(if any)
- Proof of your economic status to study in Germany (EUR 8,700 per year)
Cost of Studying Ph.D. in Germany
Germany is not just a place with a sound research system but also a place that will not make one’s pockets heavy. Some of the expenses apart from the tuition fees that you will incur when planning to study in Germany are detailed below:
Pre-arrival Expenses
The amount of money you will invest before leaving for Germany will include application fees, travel fare, fees for the student visa, and exams required to study in Germany are a part of your pre-arrival expenses. Some of these are listed below:
Popular Universities for PHD In Business Analytics in Germany
Popular universities offering a PHD 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 | PHD In Business Intelligence & Business Analytics: 2 years | Free |
| SRH University, Heidelberg | PHD In Big Data and Business Analytics: 2 years | 18,960 |
| Neu-Ulm University of Applied Sciences | PHD In Business Intelligence and Business Analytics: 1.5 years | Free |
| Otto Von Guericke University | PHD In Operations Research and Business Analytics: 2 years | Free |
| Stuttgart Media University (Hochschule der Medien) | PHD In Data Science and Business Analytics: 2.6 years | 21,000 |
| Gisma Business School, Berlin | PHD In Business Intelligence and Analytics: 1 year | 16,000 |
| ESCP Europe Business School, Berlin | PHD 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.
PhD In Business Analytics in Germany: What It Is About
PHD 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, PHD 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 PhD In Business Analytics in Germany
A bachelor’s degree in business, finance, computer science or related field is required to apply for PHD 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 PhD 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 PhD 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 PHD 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 PhD 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 PHD 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 PhD 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.
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