24 months
Duration
15000 EUR/year
15000 EUR/year
Unknown
Unknown
Apply date
Unknown
Start date

About

The unique master's program M.Sc. in Data Analytics and Decision Science from RWTH Business School trains data managers. Students learn to combine analytical and business issues in industrial companies, derive intelligent decisions, and manage complex technical projects.

Visit programme website for more information

Overview

The Master of Data Analytics and Decision Science at RWTH Business School is designed at the intersection of the fields of Data Analytics and Decision Science (Operations Research) and graduates will learn 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 – a distinct set of skills needed to succeed in a digitized and globalized economy.

Career

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

Whichever way you want to follow after graduation: Our dedicated team of experts in the career and entrepreneurship centers will accompany you on that journey and help you decide how to best realize your ambitions, be it an exciting new job or starting your own business. We seek to place our graduates in global technology blue chips, hidden technology champions, leading technology consultancies and fast-growing technology ventures. The Entrepreneurship Center at RWTH Business School also has a long track record of supporting innovative startups by our graduates – between 70 to 100 every year.

Accreditation

RWTH Aachen University is ranked number one in the field of Statistics & Operational Research in Germany by the QS World University Ranking.

Additionally, the school of business and economics at RWTH Aachen University is one of the few faculties in Germany to bear the international seal of approval of the renowned accreditation agency Association to Advance Collegiate Schools of Business (AACSB).

Programme Structure

Courses include for example:
  • Statistics and Mathematics
  • Algorithms and Data Structure
  • Predictive Modeling
  • Machine Learning
  • Heuristic Optimization

Audience

The high relevance of the program attracts talented participants from around the world with a wide range of professional backgrounds. Enrolling will not only allow you to gain a distinct set of skills needed to succeed in today’s economy. It will also enable you to gain a truly global perspective on Data Analytics and Decision Science and to build a vibrant network that will last for a lifetime.

Key information

Duration

  • Full-time
    • 24 months

Start dates & application deadlines

Credits

120 ECTS

Delivered

On Campus

What students do after studying

Join for free or log in to access our complete career info list.

Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

Student insurance

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

  • Additional medical costs (i.e. dental)
  • Repatriation, if something happens to you or your family
  • Liability
  • Home contents and baggage
  • Accidents
  • Legal aid

We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at RWTH Business School and/or in Germany, please visit Student Insurance Portal.

Other requirements

General requirements

RWTH Business School is looking for applicants who have a background in a technological area and at least a Bachelor’s of Engineering or Science degree in a STEM field (science, technology, engineering and mathematics). Applicants need 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, as well as at least 125 credit points mathematics and/or natural sciences (e.g. physics, chemistry, computer science or similar).

  • CV
  • Motivation letter
  • At least one letter of recommendation (merged as one document)
  • Transcript of records
  • Proof of professional experience of at least 12 months
  • Other proof of performance/assessment, e.g. English certificate, degree certificate, further qualifications (not mandatory for admission)
  • Translation of submitted documents (if not in English or German)

Work experience

  • at least 1 year of professional work experience.

Tuition Fee

To always see correct tuition fees
  • International

    15000 EUR/year
    Tuition Fee
    Based on the tuition of 30000 EUR for the full programme during 24 months.
  • EU/EEA

    15000 EUR/year
    Tuition Fee
    Based on the tuition of 30000 EUR for the full programme during 24 months.

Living costs for Aachen

813 - 1131 EUR /month
Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

  • RWTH Business School offers several scholarships in order to promote particularly suitable candidates.
  • RWTH Business School Excellence Scholarship
  • RWTH Business School Academic Performance Scholarship
  • RWTH Business School Entrepreneurial Mindset Scholarship
  • RWTH Business School Women in Tech Scholarship
  • RWTH Business School Social Impact Scholarship
  • Partner Scholarship (RWTH Business School & VDI nachrichten)
  • Partner Scholarship (RWTH Business School & e-fellows)

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

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Scholarships Information

Below you will find Master's scholarship opportunities for Data Analytics and Decision Science.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

Independent provider
Grant
1300 EUR
Deadline
Not specified
Fully Funded DAAD EPOS Scholarship
Merit-based

Read more about eligibility

DAAD
Location not available
Independent provider
Grant
934 EUR
Deadline
Not specified
Leadership for Africa (Burundi, Ethiopia, Kenya, Rwanda and Uganda): Master's Degree Scholarships in Germany
Merit-based Need-based

Read more about eligibility

DAAD
Location not available
Independent provider
Grant
300 EUR
Deadline
Not specified
The Deutschlandstipendium at German Universities
Merit-based

Read more about eligibility

German Government
Location not available
Independent provider
Grant
1200 EUR
Deadline
Not specified
Karl Schmidt Rottluff Scholarship
Merit-based

Read more about eligibility

Studienstiftung
Location not available
Independent provider
Grant
934 EUR
Deadline
Not specified
Study Scholarships - Master Studies for All Academic Disciplines
Merit-based Need-based

Read more about eligibility

DAAD
Location not available
Independent provider
Grant
500 EUR
Deadline
04 Jul 2025
EU Mobility Programme for Myanmar
Need-based

Read more about eligibility

DAAD
Location not available
Independent provider
Grant
1000000 INR
Deadline
Anytime
Education Future International Scholarship
Merit-based

Read more about eligibility

Education Future
Location not available
Independent provider
Grant
21000 GBP
Deadline
Not specified
LSE Executive Global Master’s in Management Hinrich Foundation Scholarship
Merit-based

Read more about eligibility

Hinrich Foundation
Location not available
Independent provider
Grant
1300 EUR
Deadline
Not specified
Development-Related Postgraduate Courses (EPOS) • DAAD
Merit-based

Read more about eligibility

German Academic Exchange Service (DAAD)
Location not available
Independent provider
Grant
1200 EUR
Deadline
Not specified
Graduate School Scholarship Programme
Merit-based Need-based

Read more about eligibility

German Academic Exchange Service (DAAD)
Location not available
Independent provider
Grant
934 EUR
Deadline
Not specified
Leadership for Africa (Cameroon, Ghana, Ivory Coast, Niger and Senegal): Master's Degree Scholarships in Germany
Merit-based Need-based

Read more about eligibility

DAAD
Location not available
Independent provider
Grant
934 EUR
Deadline
Not specified
Study Scholarships - Master Studies for All Academic Disciplines
Merit-based Need-based

Read more about eligibility

DAAD
Location not available
Independent provider
Grant
850 EUR
Deadline
Not specified
DAAD-TEV-Master's degree scholarships
Merit-based

Read more about eligibility

DAAD
Location not available
Independent provider
Grant
480 EUR
Deadline
Not specified
SBW Berlin Scholarship
Need-based

Read more about eligibility

SBW Berlin
Location not available
Independent provider
Grant
Various benefits
Deadline
Not specified
International Sustainability Academy Scholarship
Merit-based Need-based

Read more about eligibility

International Sustainability Academy (ISA)
Location not available
Independent provider
Grant
33600 EUR
Deadline
01 Jul 2025
Mundus MAPP EMJM Scholarship
Merit-based

Read more about eligibility

Mundus MAPP
Location not available
Independent provider
Grant
Various benefits
Deadline
24 May 2025
Queen Elizabeth Commonwealth Scholarships
Merit-based Need-based

Read more about eligibility

ACU (The Association of Commonweath Universities)
Location not available
Independent provider
Grant
1500 USD
Deadline
15 Sep 2025
Headway’s Book Lovers Scholarship
Merit-based

Read more about eligibility

Headway
Location not available
Independent provider
Grant
1000 USD
Deadline
01 Jun 2025
1040 Abroad International Studies Scholarship Initiative
Merit-based Need-based

Read more about eligibility

1040 Abroad
Location not available
Independent provider
Grant
Various benefits
Deadline
Not specified
Erasmus+ - Grants for study mobility
Merit-based

Read more about eligibility

OeAD, Austria's Agency for Education and Internationalisation
Location not available
Independent provider
Grant
7000 USD
Deadline
24 Apr 2025
Go Global MBA Scholarship
Merit-based

Read more about eligibility

educations.com
Location not available
Independent provider
Grant
3000 USD
Deadline
30 Jun 2025
Essay Writing Contest from EduLegit
Merit-based Need-based

Read more about eligibility

Edulegit
Location not available
Independent provider
Grant
1000 USD
Deadline
09 Jul 2025
Dream Chaser Scholarship
Merit-based

Read more about eligibility

Salvado Law
Location not available
Independent provider
Grant
1000 USD
Deadline
02 Jul 2025
Jewish Heritage Scholarship
Merit-based

Read more about eligibility

Diamant Gerstein
Location not available
Independent provider
Grant
90000 AUD
Deadline
Not specified
World Universities Ramsay Postgraduate Scholarship
Merit-based Need-based

Read more about eligibility

The Ramsay Centre
Location not available
Independent provider
Grant
3000 USD
Deadline
31 Dec 2025
Scholarship for students with disabilities
Need-based

Read more about eligibility

Anonymous Hope Fund
Location not available
Independent provider
Grant
2000 USD
Deadline
01 Sep 2025
The Rick Blight Leadership in Action Scholarship for Athletes
Merit-based

Read more about eligibility

Canadian Men’s Health Foundation
Location not available
Independent provider
Grant
8000 EUR
Deadline
Not specified
Erasmus Mundus Joint Masters scholarships
Merit-based Need-based

Read more about eligibility

European Commission
Location not available
Independent provider
Grant
3000 USD
Deadline
Not specified
AAPG Foundation Grants-in-Aid
Merit-based Need-based

Read more about eligibility

American Association of Petroleum Geologists Foundation
Location not available
Independent provider
Grant
1000 USD
Deadline
20 May 2025
PlagiarismSearch 2025 Essay Contest
Merit-based

Read more about eligibility

PlagiarismSearch
Location not available
Independent provider
Grant
1000 USD
Deadline
01 Mar 2025
Voice Talent Online Scholarship
Merit-based Need-based

Read more about eligibility

Voice Talent Online
Location not available
Independent provider
Grant
965 USD
Deadline
Anytime
Dr. Martin Blank – SYB Scholarship
Merit-based

Read more about eligibility

Shield Your Body
Location not available

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