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Operations Research and Business Analytics, M.Sc.

  • Application Deadline
  • 24 months
    Duration
University rank #601 (ARWU) Magdeburg, Germany
The master’s program in Operations Research and Business Analytics at the Otto von Guericke University Magdeburg  is designed to equip students with scientific methods for analyzing and optimizing of complex relationships in economics and management processes.
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Overview

Students at the master’s program in Operations Research and Business Analytics at the Otto von Guericke University Magdeburg will acquire a distinct knowledge of applications in the areas of supply chain management, operations, logistics, financial and risk management, and capital markets. Students will be able to independently develop solutions and utilize alternative problem solving methods, think in a systematic way, and critically evaluate decisions.

Along with providing input data for business administration planning models, the students will learn to create and use mathematical and algorithmic models and, when necessary, develop them themselves.  The analytical capabilities the practical problem solving competencies of the students will be further developed and further expanded.

Programme Structure

Along with providing input data for business administration planning models, the students will learn to create and use mathematical and algorithmic models and, when necessary, develop them themselves.  

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 24 months
  • Languages
    • English
  • Delivery mode
    On Campus

English Language Requirements

  • Minimum required score:

    7

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

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  • Minimum required score:

    108

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

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Academic Requirements

You need the following GPA score:

First academic degree gained in a relevant subject with a min. GPA 2.9.

Your GPA (Grade Point Average) is calculated using the grades that you received in each course, and is determined by the points assigned to each grade (e.g. for the US grading scale from A-F).

General Requirements

The study program builds upon a distinct understanding and knowledge of mathematics and business administration as well as economic theories. A strong foundation in area of operations research and advanced English skills are required.

Tuition Fee

Living costs for Magdeburg

  • 730 - 1100 EUR/month
    Living Costs

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

Funding

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.

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