Studyportals Study cover for Data Analytics and Decision Science (DDS)

Data Analytics and Decision Science (DDS)

M.Sc.
24 months
Duration
15000 EUR/year
15000 EUR/year
Unknown
Tuition fee
Unknown
Apply date
Unknown
Start date

About

By taking Data Analytics and Decision Science (DDS) master from RWTH Aachen University, 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. 

Visit the official programme website for more information

Overview

We would be more than happy to have you all here with us for the winter semester and our welcome events but in case the situation continues we are fully prepared to let you start your studies digitally. As we have been working with blended learning in most of our courses already for a long time we are quite experienced with video lectures, screencasts or interactive webinars and ready to start with our programs in in the upcoming winter semester of 2020/21 - be it on campus or digitally for as long as the situation demands it. Even though the DDS program is designed as an on campus study course we have taken measures to adapt the modules to online studies if needed.

The M.Sc. in 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.

Data-driven decisions become mission-critical in one vertical after the next. Many professions will face disruptive change, job descriptions will change significantly as data- and algorithm-driven decisions are at the core of creating value for businesses and new jobs will emerge. Tasks currently performed manually or supported by simple approaches will require specialized knowledge in Data Analytics and Decision Science, machine learning and optimization techniques in the future.

The M.Sc. degree  in Data Analytics and Decision Science (DDS) granted by RWTH Aachen University 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 Aachen University also has a long track record of supporting innovative startups by our graduates – between 70 to 100 every year.

Career fields

  • Retail & Value Chain Management
  • Industry & Production
  • Transportation & Mobility
  • Energy & Climate 

Further application areas can be found in:

  • Marketing (e.g. ad placement, SEO optimization, marketing campaign optimization, ...)
  • Health care (e.g. personalized medicine, automated diagnostics, ...)
    • Finance & Insurance (e.g. predictive underwriting, fraud detection, tariff optimisation, ...)
    • Politics & public sector
    • Agriculture 
    • Sustainability & Smart Living
    • Sports
    • Education

    Programme Structure

    Courses include:
    • Statistics and Mathematics
    • Algorithms and Data Structure
    • Predictive Modeling
    • Machine Learning
    • Exact Optimization: Modeling
    • Exact optimization: Algorithms
    • Heuristic Optimization
    • Optimization Project
    • Data Science Project
    • Engineering, Culture and Society
    • Digital Work: Challenges and Solutions

    Key information

    Duration

    • Full-time
      • 24 months

    Start dates & application deadlines

    More details

     RWTH Aachen University decided to postpone the start of the upcoming winter semester. Courses for first-semester students will begin on November 2, 2020.

    Language

    English

    Credits

    120 ECTS

    Delivered

    On Campus

    Academic requirements

    We are not aware of any academic requirements for this programme.

    English requirements

    TOEFL admission requirements TOEFL® IBT The TOEFL iBT® is given online through the internet at designated testing site. The test measures your English-language abilities in an academic setting. The score refers to the total score of 4 subjects (writing, listening, speaking, and reading), each subject has a range of 0 - 30.
    90
    IELTS admission requirements IELTS The International English Language Test System (IELTS) tests your English-language proficiency on a scale of 1 – 9. The score refers to the combined average score of 4 subjects (writing, listening, speaking, and reading).
    5.5

    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 degree in a STEM field (science, technology, engineering and mathematics).

    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.

    Proof of your competence in the English language through the completion of one of the examinations listed below:

    • TOEFL Internet based minimum of 90 pts/Paper based minimum of 577 pts.,
    • IELTS (Academic) test minimum overall band 5,5 pts.,
    • Cambridge Test – Certificate in Advanced English (CAE),
    • First Certificate in English (FCE), completed with a B,
    • Placement-Test of RWTH Aachen University's language centre (B2)

    Work experience

    Courses within the DDS program also address a broad set of technology and management challenges from current practice. Applicants thus need to have at least 12 months of professional work experience.

    Tuition Fee

    • International

      15000 EUR/year
      Tuition Fee
      Based on the original amount of 30000 EUR for the full programme and a duration of 24 months.
    • EU/EEA

      15000 EUR/year
      Tuition Fee
      Based on the original amount of 30000 EUR for the full programme and a duration of 24 months.

    + social contribution fee at RWTH Aachen approx. 290 € per semester

    Funding

    Apply before January 31 respectively April 15 to benefit from our 10 % Early Bird discount!

    RWTH Business School offers several scholarships of €2,500 to be awarded for academic excellence, technology leader- & entrepreneurship as well as social engagement. The scholarships have been designed to support highly qualified students in pursuing the International Master’s programs at the RWTH Business School.

    Application will be possible from 16 January to 1 March 2020 for non-EU applicants and from 15 April until 15 July 2020 for EU applicants.

    Please note that the Early Bird discount and the scholarship are incompatible.

    Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

    Due for update

    Updated over a year ago

    Check the official programme website for potential updates.

    Our partners

    Data Analytics and Decision Science (DDS)
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    RWTH Aachen University

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