Data Analytics and Decision Science

Overview

Our world and businesses in particular face disruptive change due to exponential growth of both the amount of data which can be captured from a wide range of data-sources and the computational capabilities to process the data. 

Key Features 

• Future experts and managers will need to understand how to leverage Operations Research and Analytics to create value from data – this is what you will learn in our M.Sc. Data Analytics and Decision Science (DDS).

• The master program 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.
• Student-centered learning: All courses are based on a participant-centered approach that emphasizes interaction between instructors and participants through case discussions, group presentations, debates, or lab sessions.

• Interdisciplinary mindset: Most courses focus on the intersection between technology and decision making, helping you tackle real-world challenges from multiple perspectives and providing you with a truly interdisciplinary mindset.
• Hands-on experience: In most courses, you have the opportunity to work on real-world challenges, enabling you to apply the knowledge gleaned in class and gain hands-on experience.

• Intercultural teams: As working in multicultural teams is a given in today’s world, most courses feature group projects where you can solve managerial and technological challenges in culturally diverse teams.

Student Testimonials:

Shruthi Manivannan: I am very happy with how interactive and easily approachable professors and student coordinators are. In case of any doubt with regards to subjects or organizational issues, we are able to easily reach out to the faculty.

Roney Mathew: The course is very industry-relevant and the topics are very much trending job skills. I also like the practical application-oriented course structure and how it is the right blend of management and technical courses.

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).