M.Sc. in Business Intelligence & Data Science
DURATION
4 Semesters
LANGUAGES
German, English
PACE
Full time
APPLICATION DEADLINE
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EARLIEST START DATE
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TUITION FEES
EUR 1,080 / per month
STUDY FORMAT
On-Campus
Introduction
The intelligent use of data has become a crucial competitive factor today, which is why data scientists, business analysts, system architects or data consultants are in high demand in the market today.
The graduate program Business Intelligence & Data Science takes 4 semesters (three with the fast-track option) and provides you with comprehensive methodological knowledge for well-founded data procurement as well as intelligent and automatic data evaluation and analysis.
The master's degree program in Business Intelligence and Data Science includes not only classic computer science-related topics (data management, quantitative methods, linear algebra) but also teaching units on business analysis, big data and data mining and includes many practical business analytics and consulting projects. This enables you to make important predictions for your future company and contributes significantly to achieving company goals more effectively.
Your advantages at a glance
- High-quality training: first-class teaching, AACSB-accredited and unrestricted accreditation (FIBAA). ISM also occupies top positions in national and international rankings.
- Practical: strong practical relevance and many lecturers from business.
- Personal teaching atmosphere: learning in small learning groups.
- Strong internationality: students with over 84 nationalities. Proportion of 30% international students.
- Network of around 190 partner universities to choose from for your compulsory semester abroad.
- Study the Data Science Master at four German locations: Dortmund, Munich, Hamburg and Stuttgart.
Gain international experience during a semester abroad
In order to gain important international experience, a semester abroad at ISM is firmly integrated into your studies. The semester abroad allows you to deepen your subject-specific knowledge. In addition, you will set individual priorities and get to know the intercultural peculiarities of the chosen cultural area. At the same time, you will perfect your language skills
In the M.Sc. In the Business Intelligence & For Data Science, you can choose from around 20 partner universities from a global university network.
Students at ISM experience the motto “International.” Individually. Inspiring". 84 nationalities are represented at the ISM, over 30 percent of which are international enrollments. Regular university life at the ISM also includes integrated semesters abroad at one of over 190 international partner universities as well as intensive language training can be completed both before the start of your studies and during your studies.
Acquire an international double qualification in the Master of Business Intelligence
At ISM you have the opportunity to complete an international double degree. In addition to the Master's degree from ISM, if you choose the Double Degree study option, you will also receive a second, internationally recognized Master's degree. In some cases, this is even possible as part of the integrated semester abroad, during which you acquire two master's degrees in two or two and a half years.
In the M.Sc. In the Business Intelligence & You can currently choose from the following double degree partner universities for Data Science:
- Boston University
- Cranfield University
- Edinburgh Napier University
- Ecole de Management de Normandie
- Lancaster University
- University of Ramon Llull
Important deadlines:
- Last Call Discount: Enroll in this program by June 15 (for studies starting in fall) and get a 500 Euro fee discount.
- Early Bird Discount: Enroll in this program by March 15 and get a 1,500 Euro fee discount.
For further information, please contact the ISM study advisors.
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Admissions
Program Tuition Fee
Scholarships and Funding
The ISM sponsors students of a Master’s degree program from the first term with a Full Scholarship as well as a Partial scholarship.
Full scholarship from first term
High-performing beginners receive a full scholarship including all tuition fees for the master's program (three terms) as well as the tuition fee for the completing master's thesis. The scholarship does not contain financial support regarding accommodation, living costs, learning material, etc.
Only the tuition fees for international partner universities that can be covered by the ISM’s tuition fee are covered by the scholarship. The remission of fees of the ISM full scholarship refers to the normal period of master studies. An application for the full scholarship is only possible before the first term.
Partial scholarship for master
This kind of scholarship answers its purpose to cover a part of the complete tuition fees at ISM. It does not contain financial support regarding accommodation, living costs, learning material, etc. Partial scholarships are always granted for two terms. For an extension of the partial scholarship please apply after one year anew.
Fee reduction: The fee reduction will be enabled for students, who cannot pay the full tuition fees due to economic and/or social conditions.
Curriculum
In M.Sc. Business Intelligence & Data Science you combine two exciting disciplines: Business Administration and IT. With comprehensive knowledge of methods for intelligent data retrieval and analysis as well as for management consulting and analysis, you will meet the requirements of a big data specialist.
You will also spend the third semester abroad at one of our numerous partner universities. Your studies will end with a practice-oriented Master's thesis in the 4. semester.
1st Semester
Data Management
- Introduction to Data Science & Business Intelligence (2 ECTS)
- Database Systems & Information Integration (2 ECTS)
- ERP Systems (2 ECTS)
Computational Engineering
- IT-Management (2 ECTS)
- Software Engineering (2 ECTS)
- Programming (2 ECTS)
Quantitative Methods
- Linear Algebra & Numerical Mathematics (2 ECTS)
- Structure-detecting Methods (2 ECTS)
- Structure-validating Procedures (2 ECTS)
Leadership Skills
- Corporate Governance & Business Ethics (2 ECTS)
- Cross Cultural Leadership (2 ECTS)
- Negotiation, Communication & Executive Presentations (2 ECTS)
Digital Business Structures & Processes
- Theory of the Firm (2 ECTS)
- Digital Process Management (2 ECTS)
- Digital Value Networks & Business Models (2 ECTS)
Work placement (12 ECTS)
2nd Semester
Business Analytics
- Optimization Techniques (2 ECTS)
- Simulation & Forecasting Techniques (2 ECTS)
- Machine Learning & Artificial Intelligence Techniques (2 ECTS)
Business Control
- IT-enabled Information Systems (2 ECTS)
- Decision Support Systems (2 ECTS)
- Management Information Systems (2 ECTS)
Consulting
- Strategy & Market (2 ECTS)
- Innovation & Design Thinking (2 ECTS)
- Consulting Instruments (2 ECTS)
Big Data Project
- Agile Project Management (2 ECTS)
- Scientific Methods (2 ECTS)
- Field Project (2 ECTS)
3rd Semester (24 ECTS)
Semester abroad at one of the partner universities of ISM
Master Thesis (30 ECTS) - 4th Semester
Rankings
The ISM is Top-ranked and Unlimitedly State-Approved
The ISM University is state-accredited unlimitedly and all study programs bear the seal of quality of the Accreditation Council and the FIBAA. The quality of the education is confirmed by HR managers, ISM students, and alumni, and the presence in numerous rankings where ISM consistently occupied top positions for many years, such as the CHE University Ranking, Universum, Trendence, and U-Multirank, especially in areas such as:
- Internationality
- Support at the beginning of the studies
- Graduation in due course
- Professional experience and contact with professional practice
- Student mobility
- International academic staff
- Foreign language taught bachelor and master programs, etc.
Program Outcome
Your Advantages at ISM
- High-quality education: first-class teaching, top-ranked and unlimited state accreditation (FIBAA).
- High employability after graduation: over 80% of our students find a job before graduating.
- Close to practice: the majority of our lecturers come from the corporate world and can connect theory with business practice and teach you real-life business scenarios.
- Personal teaching atmosphere: study in small learning groups.
- Strong internationality: students of 84 nationalities. Ratio of 30% international students.
- A Network of more than 190 partner universities to choose from for your semester abroad.
- You can study Business Intelligence & Data Science in Germany in Dortmund, Munich, Hamburg and Stuttgart.
Since the Master Data Science is taught entirely in English, you will be well prepared for working internationally and across national borders after completing your studies.
Career Opportunities
Data science and business analytics are some of the most lucrative career options nowadays. In 2023 alone, there are expected to be over 2,7 million new jobs for professionals with data science and business analytics skills.
A data science degree from ISM can help you successfully enter this career field with lots of hands-on practical experience gained through business case studies, workshops, and internships. You’ll graduate with in-demand big data skills and will be ready to join fellow data analysts and statisticians across many industries.
Among the data science career paths you may decide to take count: Junior Data Analyst, Data Scientist, Information Officer, Data Officer, Business Analyst, Business Consultant, Senior Analyst, etc.