International Programmes 2026/2027

Business Analytics & Econometrics – Master of Science Business Analytics & Econometrics – MSc

University of Cologne • Köln

Degree
Master of Science
Course location
Köln
Teaching language
  • English
Languages

All courses are held in English.

Full-time / part-time
  • full-time
Mode of study
Less than 50% online
Programme duration
4 semesters
Beginning
Winter semester
Application periods
The following is valid for applicants from: all countries
For the winter semester:
15 April - 15 June
More information on application periods
Please find more details on this website.
Combined Master's degree / PhD programme
No
Joint degree / double degree programme
No
Description/content

Data analytics, digital innovation and big data are crucial developments for the upcoming challenges in all business and economic areas. This programme offers a unique blend of traditional analytics (e.g. statistics, econometrics, optimisation, simulation) and modern analytical approaches (e.g. machine learning and artificial intelligence using R and Python) and merges these approaches with the teaching of groundbreaking knowledge in the areas of economics, management, and entrepreneurship.

This programme provides you with:

  • fundamental analytics and technology skills
  • groundbreaking knowledge and the mindset for a successful career in data analytics for business and economics
  • vital skills for starting and managing a business in the digital age and resolving complex issues in today’s organisations
  • an ability to gather, manage, and analyse (big) data as well as to visualise, present, and use insights gained from the data

Preparing you for future challenges

We believe in the right balance between sound theoretical foundations and practical relevance in a close interaction between the fields of business, analytical methods, and digital technologies.

The programme therefore focuses on:

  • modern technologies and digitalisation (e.g. big data, digital innovation, digital transformation, digital business strategy, and digital entrepreneurship)
  • the latest tools and methods in data analysis (e.g. machine learning and AI or methods from econometrics as well as Bayesian data analysis)
  • tackling challenges arising from digitalisation (e.g. data privacy and security, algorithm ethics)

As a highlight of the curriculum, the Capstone Project brings you together with corporate/public partners to solve real-world business, economic and societal problems. Over a period of one semester, you will work as a team using cutting-edge approaches to data analytics in order to solve these problems, all while interacting within your team and with your partner organisation.

Course organisation

An internationally recognised expert faculty offers courses on business administration, econometrics, and information systems within this programme and will assist you even outside the classes.

During the first year of studies, you will learn the Foundation of Data Analytics, Digitalisation, and Data Analytics. 

During your third semester, you have the option to choose between one of two tracks:

The "Econometrics Track" focuses on advanced statistical and analytical methods to identify and resolve complex economic issues in the private, public, and non-profit sectors. This track places a strong emphasis on combining traditional and modern approaches to data analytics.

The "Business Analytics Track" focuses on applying approaches and methods of data analytics to solving complex business problems with (big) data. This track places a strong emphasis on forming a data-driven digital strategy, building a data-driven business model, engaging in digital entrepreneurship, and founding one’s own start-up company.

PDF Download
A Diploma supplement will be issued
Yes
International elements
  • Training in intercultural skills
  • Projects with partners in Germany and abroad
  • International comparisons and thematic reference to the international context
  • International guest lecturers
  • Specialist literature in other languages
  • Language training provided
  • Content-related regional focus
  • Integrated/optional study abroad unit(s)
Description of other international elements

Programme taught in English
The majority of the programme is internationally oriented in both content and style. It provides an international study environment in Germany, with a high proportion of international students from diverse backgrounds enrolling into the programme. Furthermore, many members of our faculty have an international background, either coming from or having been trained abroad. The programme can be completed entirely in English. Social skills acquired during the programme through direct interaction with your fellow students and lecturers will round off your profile and make you a sought-after candidate on the national and international job market.

Optional semester abroad
Our cooperation agreements with an extensive number of excellent partner universities worldwide provide you with attractive options for your semester abroad. More information can be found here.

Broad international network
This Master’s programme also prepares you to continue your academic career with one of our numerous research and university partners. Additionally, the WiSo faculty has a broad alumni network of former students who work across all business segments around the globe.

An international faculty
The international focus and outstanding reputation of the WiSo faculty at the University of Cologne make it a premier destination for your studies in Germany – in the heart of Europe.

Integrated/optional study abroad unit(s)

Our partnership agreements with an extensive number of excellent partner universities worldwide will provide you with attractive options for your optional semester abroad.

Course-specific, integrated German language courses
No
Course-specific, integrated English language courses
No
Pace of course
Mixed (e.g. fixed exam dates and duration, study content can be studied at any time)
Phase(s) of attendance in Germany (applies to the entire programme)
Yes, compulsory
Tuition fees per semester
None
Semester contribution

The semester contribution amounts to approx. 320 EUR per semester. The fee includes a public transport ticket for regional transport throughout Germany ("Deutschlandsemesterticket").

Funding opportunities within the university
Yes
Description of the above-mentioned funding opportunities within the university

Scholarships and further financing options

Academic admission requirements

Bachelor's GPA of at least 2.5 (German grade)

  • at least 30 ECTS in the fields of Business Administration and/or Economics

  • at least 24 ECTS in the fields of Statistics and/or Mathematics and/or Information Systems and/or Informatics

or

  • at least 48 ECTS in the fields of Statistics and/or Mathematics and/or Information Systems and/or Informatics

Please find detailed requirements here.

German language skills
No minimum language level required
English language skills
B2 required, please provide an official language certificate, e.g.:
  • TOEFL iBT (since 2026): 4
  • Reading: 4
  • Listening: 4
  • Speaking: 4
  • Writing: 4
  • Cambridge English Qualifications: B2 First
  • IELTS Academic: 5.5
Application periods
The following is valid for applicants from: all countries
For the winter semester:
15 April - 15 June
More information on application periods
Please find more details on this website.
Submit application via
Please check this website.
Career advisory services and programmes for future professionals

WiSo Career Services

Support for international students and doctoral candidates
  • Buddy programme
  • Tutors
  • Specialist counselling
  • Welcome event
  • Cultural and linguistic preparation
  • Visa matters
  • Help with finding accommodation
General services and support for international students and doctoral candidates

WiSo Student Services

University of Cologne

Content Bild
Entrance WiSo Extension Building © Dustin Preick

The University of Cologne is a modern university in the heart of Europe. Academic excellence, internationality, and widely varied curricula create a vibrant and inspiring environment for students, scientists, and scholars.

#1 for alumni impact in the national evaluation, QS Business Master's Rankings
#1 No other university has educated so many DAX board members as Cologne.

University location

With a population of over one million people, Cologne is the fourth-largest city in Germany and the largest city in the federal state of North Rhine-Westphalia. Located in the heart of Europe on an ancient trade route – the Rhine River – Cologne has been an important trade location since the Middle Ages. Cologne has a booming economic sector that includes commerce, trades, banks, and international corporations. It is one of Europe's most important media hubs and is home to a variety of television and radio broadcasters. Furthermore, Cologne offers many museums, art exhibitions, cinemas, theatres, cultural events, international-level concerts, and, of course, the Cologne Carnival, which is the city's "fifth season".

Activate map

To activate the map, click on the "Show map" button. We would like to point out that data will be transmitted to OpenStreetMap after activation. You can find out more in our privacy policy. You can revoke your consent to the transmission of data at any time.