Operations Research and Business Analytics
Programme overview
Main Subject
Business Analytics
Degree
MSc
Study Level
Master's
Study Mode
On Campus
is designed to teach students the necessary scientific methods for analyzing and optimizing of complex relationships in economics and management processes. Students will acquire a distinct knowledge of applications in the areas of supply chain management, operations, logistics, financial and risk management, and capital markets. Additionally, students will be able to independently develop solutions and utilize alternative problem solving methods, think systematically, and critically evaluate decisions.
Along with providing input data for business administration planning models, students will learn to create and use mathematical and algorithmic models and, when necessary, develop them independently. The analytical capabilities and practical problem solving competencies of the students will be developed and strengthened.
Along with providing input data for business administration planning models, students will learn to create and use mathematical and algorithmic models and, when necessary, develop them independently. The analytical capabilities and practical problem solving competencies of the students will be developed and strengthened.
Programme overview
Main Subject
Business Analytics
Degree
MSc
Study Level
Master's
Study Mode
On Campus
is designed to teach students the necessary scientific methods for analyzing and optimizing of complex relationships in economics and management processes. Students will acquire a distinct knowledge of applications in the areas of supply chain management, operations, logistics, financial and risk management, and capital markets. Additionally, students will be able to independently develop solutions and utilize alternative problem solving methods, think systematically, and critically evaluate decisions.
Along with providing input data for business administration planning models, students will learn to create and use mathematical and algorithmic models and, when necessary, develop them independently. The analytical capabilities and practical problem solving competencies of the students will be developed and strengthened.
Along with providing input data for business administration planning models, students will learn to create and use mathematical and algorithmic models and, when necessary, develop them independently. The analytical capabilities and practical problem solving competencies of the students will be developed and strengthened.
Admission Requirements
1. Relevant bachelor’s, diploma, or comparable degree from a recognized university in Germany with at least 140 ECTS (at the time of applying),
and an average grade from 1.0 up to 2.9 (German grading scale applies), determined from the examination results.
- A study program is relevant if at least :
A. 45 ECTS (EU degrees) or 9 modules (Non-EU degrees) in economics, business administration, and at least 20 ECTS (EU degrees) or 4 (Non-EU degrees) in the field of quantitative methods, or
B. 65 ECTS (EU degrees) or 13 modules (Non-EU degrees) in Mathematics, Statistics, Econometrics, Operations Research modules
have been acquired.
2. Proof of the relevant first academic degree with the mandatory standardized form “Relevance” of the faculty.
- Applicants who have obtained their bachelor's degree at the Faculty of Economics and Management of Otto-von-Guericke-University Magdeburg do not have to prove the relevance of a completed undergraduate degree, as this information is already known to the faculty.
3. Proof of English Language Skills on C1 level with one of the recognized options.
4. Mandatory, standardized form “Letter of Motivation” of the faculty.
5. Professional experiences, and internships set out in a tabular CV
and an average grade from 1.0 up to 2.9 (German grading scale applies), determined from the examination results.
- A study program is relevant if at least :
A. 45 ECTS (EU degrees) or 9 modules (Non-EU degrees) in economics, business administration, and at least 20 ECTS (EU degrees) or 4 (Non-EU degrees) in the field of quantitative methods, or
B. 65 ECTS (EU degrees) or 13 modules (Non-EU degrees) in Mathematics, Statistics, Econometrics, Operations Research modules
have been acquired.
2. Proof of the relevant first academic degree with the mandatory standardized form “Relevance” of the faculty.
- Applicants who have obtained their bachelor's degree at the Faculty of Economics and Management of Otto-von-Guericke-University Magdeburg do not have to prove the relevance of a completed undergraduate degree, as this information is already known to the faculty.
3. Proof of English Language Skills on C1 level with one of the recognized options.
4. Mandatory, standardized form “Letter of Motivation” of the faculty.
5. Professional experiences, and internships set out in a tabular CV
Scholarships
Selecting the right scholarship can be a daunting process. With countless options available, students often find themselves overwhelmed and confused. The decision can be especially stressful for those facing financial constraints or pursuing specific academic or career goals.
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