Applied Economics and Data Science
The Master of Science in Applied Economics and Data Science is a prestigious graduate program offered by the University of Oldenburg. Designed for students aiming to deepen their expertise, this full-time international degree combines economic theory with advanced data analysis. Students gain hands-on experience in econometrics, statistical modeling, and programming, preparing them for analytical and leadership roles in the public and private sectors. The program is structured across four semesters and admits students exclusively in the winter semester.
Located in Oldenburg, a growing academic and innovation hub in northern Germany, this master’s program emphasizes both analytical precision and real-world application. With a strong focus on research, technology, and interdisciplinary collaboration, students not only develop high-level quantitative skills but also benefit from international networking opportunities. The program reflects Germany’s commitment to combining academic excellence with professional relevance, making it an ideal choice for those seeking to specialize in economics and data science for global careers.
Key information
Key Facts
- Degree: Master of Science (M.Sc.)
- Standard period of study: 4 semesters
- Location: Oldenburg
- Study Type: Graduate (full-time, international)
- Admission semester: Winter semester only
- Area of study: Economics
- Admission modus: Local admission restriction
- Main language: English
Program Structure
Semester 1 – Foundations of Economics and Data Science
- Advanced Microeconomics and Macroeconomics
- Econometrics and Quantitative Methods
- Introduction to Data Science and Programming
Semester 2 – Applied Analysis and Machine Learning
- Policy Evaluation and Economic Modelling
- Machine Learning for Economists
- Data Visualization and Statistical Software
- Research Seminar
Semester 3 – Specialization and Practical Experience
- Big Data and Predictive Analytics
- Applied Economic Forecasting
- Internship or Research Project
Semester 4 – Master’s Thesis
- Independent Research Thesis
- Colloquium and Presentation
Career Opportunities
Graduates of this program are equipped for careers in economic consulting, data analytics, policy research, finance, and academia. With strong quantitative and analytical training, they can pursue roles such as data analyst, policy advisor, econometrician, or researcher in international organizations, government institutions, and private enterprises.
Why Choose This Program
Choosing the Master of Science in Applied Economics and Data Science means joining a program that bridges the gap between economics and modern data analytics. The University of Oldenburg provides a research-oriented environment that encourages critical thinking, creativity, and practical problem-solving. Students gain experience with real-world datasets, modern econometric tools, and software used in top industries and institutions.
The program’s strength lies in its combination of academic excellence, international outlook, and career relevance. With experienced faculty, interdisciplinary coursework, and opportunities for applied research, students are prepared to address complex global economic challenges through data-driven insight. This makes it a perfect choice for aspiring professionals looking to thrive in today’s information-based economy.
Contact Information
University of Oldenburg – Student Advisory Service
Ammerländer Heerstraße 114–118
26129 Oldenburg, Germany
Tel: +49 441 798-2728
Fax: +49 441 798-2518
Email: studium@uol.de
International Office – University of Oldenburg
Ammerländer Heerstraße 114–118
26129 Oldenburg, Germany
Tel: +49 441 798-2478
Fax: +49 441 798-2461
Email: io@uol.de
