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MSc Data Analytics and Decision Science

RWTH Business School
4 semesters
Full time
Master's degree
Scholarships available
On campus
Aachen
English
Fall
Application deadline: Non-EU applicants: March 1 of each year // EU applicants: July 15 of each year

Program description

M.Sc. Data Analytics and Decision Science (DDS)

The M.Sc. Data Analytics and Decision Science (DDS) has been carefully designed to equip ambitious professionals with a STEM background with a distinct set of skills needed to succeed in a digitized and globalized economy.

Our world and businesses in particular face disruptive change due to exponential growth of both the amount of data that can be captured from a wide range of data sources and the computational capabilities to process the data. Future experts and managers will need to understand how to leverage Data Analytics and Decision Science to create value from data - this is what you will learn in this Master's Program.

Become tomorrow’s technological expert by enrolling in our Master's Program that is designed at the intersection of Data Analytics and Decision Science (Operations Research). Learn how to develop state-of-the-art predictive models and how to make decisions that optimize business objectives as well as how to combine machine learning and deep learning techniques with mathematical optimization approaches, heuristic algorithms, and simulation techniques to create value in specific application areas.

The M.Sc. DDS granted by RWTH Aachen University in Germany will also enable you to pursue an academic career and continue studying towards a Ph.D. in fields such as data analytics, machine learning & artificial intelligence, operations research, and engineering.

Our application portal is open from October 1 until July 15 for EU applicants and international applicants who hold an academic degree from a European university. For non-EU applicants, the portal is open until March 1. Apply before January 15 to benefit from our Early Bird discount of 3,000 €!

Admission requirements

Applicants need:

  •  At least 125 credit points in mathematics and/or natural sciences (e.g. physics, chemistry, computer science or similar);
  • A minimum of 15 credit points in the fields of higher mathematics or statistics, database and information systems, programming, algorithms and data structures, complexity theory, quantitative methods/operations research.

Professional Work Experience:

  • Applicants need to have at least 12 months of professional work experience at the day of enrollment.

Proof of English Proficiency:

  • The program is entirely taught in English. A recognized certificate of proficiency in English is required.

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Program content

M.Sc. Data Analytics and Decision Science (DDS) offers a comprehensive program of core courses in machine learning, mathematical and heuristic optimization and data-driven decision making. These courses are accompanied by a wide range of elective courses offering deep-dives into specific application areas. Our courses combine demanding and cutting-edge research with practical projects and challenges. We continuously review and expand the set of electives to cover the latest trends and stay abreast of technological change.

The two-year full-time program consists of seven key building blocks, some of which can be customized to meet your individual needs and interests. You may also enroll in a German language course at no extra cost.

Check out program pages for any upcoming online sessions to find out more. 

Scholarships & funding

RWTH Business School offers several scholarships of 4,000 € where you may apply for:

  • Academic Performance
  • Entrepreneurial Mindset
  • Women in Tech
  • Social Impact

The scholarships have been designed to support highly qualified students in pursuing the International Master’s programs at the RWTH Business School. Additionally, the RWTH Business School Excellence Scholarship of 6,000 € is awarded to particularly outstanding candidates who convince us holistically – with their academic achievements, their professional and social commitment, and their motivation. The scholarship recipients are exclusively selected by the Admission Team; an application is not possible.

More information can be found on our website.

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About this institute

RWTH Business School

RWTH Business School is located at the heart of RWTH Aachen University – Germany’s leading integrated, interdisciplinary university of technology and a true powerhouse of German engineering. It is hence not surprising that influential employer rankings such as the one...


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Reviews

Average rating 5

Based on 5 reviews.

Viraj
The program as a whole covers a lot of aspects related to Data Analytics as well as Operations Research such as concepts related to Statistics, Analysis of Algorithms, Machine Learning, Optimization and so on. However, I would surely say the Analytics Project in the 2nd semester of the program is one of the best parts in the curriculum. It has g...
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Axel (Graduation Class 2020)
The RWTH Business School's DDS program is placed on the sweet spot between Operations Research and Data Science. This provides me with the great opportunity to apply my knowledge and skills in various professional environments. Having an industrial engineering background, Operations Research is one of my favorite fields of interest. Being able t...
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Peter (Graduation Class 2020)
Along with the great reputation of RWTH Business School, I believe the Data Analytics and Decision Science program is going to open unlimited possibilities for my future. The combination of the wide range of applicability for Data Science in Healthcare, Climate Change, etc., the enjoyable day-to-day activities that involve statistics, programmin...
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Reviews
Program rating
(5.0)
Based on 5 reviews.