Business Analytics & Econometrics
The Master of Science in Business Analytics & Econometrics is a research-oriented graduate program designed to equip students with advanced quantitative, statistical, and analytical skills. Through a rigorous curriculum grounded in data-driven decision-making, students learn to interpret complex datasets, develop econometric models, and apply analytical tools used in modern business environments. The program is offered full time and admits students exclusively in the winter semester.
Located in Cologne, one of Germany’s leading academic and economic hubs, this program prepares graduates to tackle real-world challenges through evidence-based problem-solving. With a strong emphasis on applied analytics, students gain hands-on experience relevant to consulting, finance, economics, risk management, and business strategy. It is an ideal program for those looking to build expertise at the intersection of economics, data science, and business intelligence.
Key information
Key Facts
- Degree: Master of Science (M.Sc.)
- Standard period of study: 4 semesters
- Location: Köln
- Study Type: Graduate, full time
- Admission semester: Winter semester only
- Area of study: Economic Sciences, Economics
- Admission modus: Local admission restriction
- Main language: English
Program Structure
Semester 1 – Foundations of Analytics & Econometrics
- Mathematical Foundations for Econometrics
- Statistics & Probability
- Introduction to Econometric Modelling
- Data Management & Programming for Analytics
Semester 2 – Advanced Methods & Applications
- Advanced Econometrics
- Machine Learning for Business Analytics
- Applied Microeconometrics / Macroeconometrics
- Elective Module I
Semester 3 – Specialization & Practical Application
- Predictive Analytics & Forecasting
- Big Data Analysis & Computational Methods
- Research Seminar in Econometrics
- Elective Module II
Semester 4 – Master’s Thesis
- Independent Research Project
- Empirical Study & Data Analysis
- Thesis Defense
Career Opportunities
Graduates are equipped for analytical and quantitative roles in consulting, finance, economic research, data science, and policy institutions. Typical careers include data analyst, econometrician, business intelligence specialist, quantitative researcher, or analytics consultant across corporate, public, and international sectors.
Why Choose This Program
This program offers a rigorous blend of theory and application, preparing students to solve complex business and economic challenges using advanced analytical tools. With a strong methodological focus, it equips graduates with skills highly valued in data-driven industries.
Studying in Cologne gives students access to an excellent academic environment, industry networks, and research opportunities. The curriculum’s emphasis on practical data work, econometric modelling, and quantitative reasoning makes it an ideal pathway for students seeking high-level expertise in analytics and economics.
Contact Information
University of Cologne – Student Advisory Service
Universitätsstr. 22a, 50937 Köln, Germany
Tel: +49 221 470-1021
Email: zsb-info@verw.uni-koeln.de
International Office
Universitätsstr. 22a, 50937 Köln, Germany
Email: C.Biehl@verw.uni-koeln.de
