Master of Business Analytics in Germany

Master of Business Analytics in Germany

Master of Business Analytics in Germany
Study info Centre

Master of Business Analytics in Germany is a 1 to 2 year technical and statistical course. It concentrates on big data architectures, data and text mining algorithms, neural networks and predictive analytics. 

Additionally, this degree also focuses on familiarizing students with creative questioning techniques, visualisation, data storytelling, ethics, and international law.

The tuition fees for the MSc in Business Analytics program in Germany ranges from Euro 3,00 to EURO 25,000 per year. 

With a business analytics degree gained from German Universities, students can make a career as the following in Germany or other countries in the world. 

  • IT Risk Consultant
  • Finance & IT Analyst
  • Business Consultant
  • Data Scientist
  • Digital Transformation Consultant
  • IA Consultant
  • Senior Pricing Strategy Manager
  • Talent Acquisition Manager
  • AI Business Analyst
  • Pricing manager
  • Market Analyst

Why study Master of Business Analytics in Germany? 

  • According to Payscale, the average base salary of a business analyst in Germany is EURO 51,357 per annum. 
  • Students can study this course even if they are not proficient in German since it is offered in English at a handful of universities. 
  • Low tuition fees
  • Scholarships

Best Universities in Germany for Business Analytics

These are some of the most leading institutes for business analytics in Germany-

University

Program Offered

RWTH Business School

MSc in Data Analytics and Decision Science

University of Technology, Chemnitz

MS in Business Intelligence & Business Analytics: 2 years

SRH University, Heidelberg

MS in Big Data and Business Analytics: 2 years

Neu-Ulm University of Applied Sciences

MS in Business Intelligence and Business Analytics: 1.5 years

Otto Von Guericke University

MS in Operations Research and Business Analytics: 2 years

Stuttgart Media University (Hochschule der Medien)

MS in Data Science and Business Analytics: 2.6 years

Gisma Business School, Berlin

MS in Business Intelligence and Analytics: 1 year

ESCP Europe Business School, Berlin

MS in Big Data and Business Analytics: 1 year

Steinbeis University School of Management and Innovation

Master of Science in Business Management- Specialization in Data and Business Analytics- 2 years

What will you study?

  • Business statistics
  • Data analysis
  • Operations management
  • Data Visualization.
  • Big Data Analytics.
  • Marketing Analytics.
  • Predictive Modeling.
  • Programming for Analytics.
  • Supply Chain Analytics
  • Energy Analytics
  • Optimization
  • Business forecasting
  • Programming
  • Business systems
  • Analytics system technology

Masters in Business Analytics in Germany:  Admission Requirements

Documents Requirement to apply for Masters in Business Analytics in Germany

  • Application for Admission (upload - signed)
  • Official Academic transcripts
  • GRE/ GMAT Scores
  • Proof of English Language Proficiency
  • Complete and Current Résumé
  • Letter of Recommendations (1-3)
  • Letter of Motivation
  • Essay
  • Passport
  • Academic documents of institutes attended before

University Specific entry criteria

SRH University Heidelberg

  • Course Name: Big Data and Business Analytics (MSc)
  • Course duration: 2 years/ 4 semesters
  • English Test Scores:
    • IELTS: Overall 6.5
    • TOEFL: Overall 80
    • Duolingo: 95
    • PTE: 58
  • Academic Requirements: Applicants need to hold a Bachelor degree in Computer Science, Business Informatics, Data Science or a related field and at least one year of qualified and subject-relevant professional experience in IT, data science, data analytics, marketing, logistics, production, or finance. 

Hochschule Neu-Ulm (HNU) University of Applied Sciences

  • Course Name: Master of Business Intelligence and Business Analytics (MSc)
  • Course duration: 1.5 years/ 3 semesters
  • English Test Scores:
    • An English level of B2
  • Academic Requirements: Applicants need to hold a Bachelor degree (computer science, information technology, and information management) with at least 210 ECTs. A minimum of 2.3 GPA in Bachelors

GISMA Business School

  • Course Name: MSc Business Intelligence and Analytics 
  • Course duration: 1 year
  • English Test Scores:
    • IELTS: Overall 6.5, minimum 5.5 in each band
  • Academic Requirements: Applicants need to hold a Bachelor degree in Computer Science or a closely related area with a minimum of 2.5 GPA. 

Arden University

  • Course Name:  Data Analytics & Information Systems Management (MSc)
  • Course duration: 2 years/ 4 semesters
  • English Test Scores:
    • IELTS: Overall 6.0, minimum 5.5
    • TOEFL: Overall 60-78
  • Academic Requirements: Applicants need to hold a Bachelor degree in Computer Science, Business Informatics, business analytics, data science or other related degrees with a minimum of second class.

University of Applied Sciences- ISM

  • Course Name: MSc Business Intelligence & Data Science
  • Course duration: 3 semesters plus 1-semester thesis
  • English Test Scores:
    • IELTS: Overall 6.0
    • TOEFL: Overall 80
  • Academic Requirements: Applicants need to hold a Bachelor degree in Computer Science, Business Informatics, Data Science etc with a minimum of 70%. 

Mannheim University-Mannheim Business School

  • Course Name: Master in Management Analytics
  • Course duration: 1 year
  • English Test Scores:
    • IELTS: Overall 6.0
    • TOEFL: Overall 72
  • Academic Requirements: Applicants need to hold a Bachelor degree in a relevant area with a minimum of 2.5 GPA.

The Technical University of Munich- TUM School of Engineering and Design

  • Course Name: Master of Science (MSc) in Data Engineering and Analytics
  • IELTS Requirement: 
    • TOEFL (Internet-based): 80
    • IELTS: 6.5
  • Academic Requirements: Applicants need to hold bachelor degrees in computer science, data science, mathematics, statistics etc., with a minimum GPA of 2.5. 
  • GMAT Scores: A minimum of 600 or more. 

ESCP Business School

The Technical University of Munich- TUM School of Engineering and Design

  • Course Name: Master of Science (MSc) in Big Data and Business Analytics
  • IELTS Requirement: 
    • TOEFL (Internet-based): 80
    • IELTS: 6.5
  • Academic Requirements: Applicants need to hold bachelor degrees in computer science, data science with a minimum of 180 ECTS.

Tuition fees for MS in Business Analytics in Germany

University

Tuition Fees in EUROS

SRH University Heidelberg

4,740 per semester

GISMA Business School

16,000 for course

Arden University

15,000 per year

ISM-University of Applied Science

  • 6,280 Euro per semester in Dortmund, Cologne, Stuttgart and Berlin
  • 6,480 Euro per semester in Frankfurt/Main, Munich and Hamburg

Mannheim Business School

29,000 for 1 year/course

Technical University of Munich

Student fees: EURO 147.00

ESCP Business School

EURO 20,550 for 1 year

Scholarships and Financial Aids

Despite the fact that the tuition fees for education in Germany is already lower than in most other countries (Sometimes, it is even free), it still offers various scholarships to international students in the form of government and non-government scholarships. 

Some of the most popular scholarships offered by Germany are: 

  1. DAAD Scholarship
  2. Student Project Grant
  3. RWTH International Academy Women in Engineering Scholarship
  4. Development-Related Postgraduate Courses (EPOS) Scholarship
  5. UDE scholarship
  6. High Potential Student Grant
  7. Surplace Funding for Master Degree Programme
  8. Friedrich Ebert Foundation Scholarship
  9. German Language Merit Scholarship
  10. ESCP Scholarships: 10 to 50% tuition fees waiver

Among these scholarships, DAAD is the most popular scholarship offered for graduate students in Germany. The value of the DAAD Scholarship is a monthly award of EUR 850,00 for Master students, EUR 1.200,00 for PhD students (beginning with September 2018).

This scholarship may also cover health insurance, travel allowance. 

To be eligible for DAAD Scholarship in Germany, applicants must fulfil the following criteria: 

  • Apply to graduate programs in Germany
  • A minimum of 2 years of post-study work experience in the relevant field. 
  • A Minimum of 6.0 in IELTS, 550 in TOEFL Paper-based, 213 in TOEFL Computer-based and 80 in Internet-based. 
  • Hand-signed CV
  • Confirmation of employment and Professional Letter of Recommendation from employer
  • German Language ability for programs in the German language.

Scope of Business Analytics in Germany post Masters

After completing a Master degree in Business Analytics, you can get a job in diverse roles such as business analyst, data analyst, business development manager and so on. 

Business Analytics is one of those areas with applications in a wide range of industries from digital marketing, management to finance and health care sectors.

Therefore, there exist many career opportunities once you graduate. 

Career Sectors:

  • IT
  • Consulting
  • E-Commerce
  • Energy
  • Finance companies
  • Other areas like Health Care, Luxury and so on. 

Data Science jobs in Germany

Salary Range (EUR/year)

Data Analyst

40,000-99,000 

Software Engineer

35,000-111,000 

Software Developer

30,000-99,000 

Senior Data Analyst

71,000-123,000 

Business Analyst 

57,000-111,000 

Senior Data Scientist

71,000-123,000 

Senior Software Engineer/Developer/Engineer

77,000-134,000 

Senior Software Engineer

81,000-140,000 

Data Engineer

61,000-134,000 

Software Engineer/Developer/Programmer

51,000-104,000 

 

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