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Frankfurt School of Finance & Management

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Hesse

Germany

Welcome to the Master of Science in Applied Data Science program at the prestigious Frankfurt School of Finance & Management, located in the heart of Hesse, Germany. This comprehensive program is meticulously crafted for individuals aiming to delve deep into the world of data science, encompassing both theoretical frameworks and practical applications. Over a span of 24 months, students will engage with a rich curriculum that merges advanced statistical techniques, machine learning methodologies, and business intelligence strategies, preparing them for a future in a technology-driven economy.

The curriculum is designed to offer an extensive exploration of various domains within data science, ensuring that students are well-equipped with the essential skills to tackle complex data-driven challenges. Core courses, such as Applied Statistics, Machine Learning, and Database Systems, create a solid foundation, while specialized electives allow students to tailor their studies according to their career aspirations. A notable aspect of this program is the emphasis on hands-on learning through practical projects and internships, which not only enhance theoretical knowledge but also facilitate real-world application of learned concepts.

At Frankfurt School of Finance & Management, we pride ourselves on our distinguished faculty, renowned for their expertise and contributions to the field of data science. Our professors bring a wealth of academic and industry experience, fostering a dynamic learning environment. Through innovative teaching methodologies, including case studies, collaborative projects, and interactive seminars, faculty members inspire students to think critically and creatively. This approach not only enhances learning but also encourages networking among peers, creating lasting professional relationships.

Research opportunities abound within the Master of Science in Applied Data Science program, with access to cutting-edge resources and state-of-the-art facilities. Students are encouraged to engage in research projects that align with industry trends and technological advancements. Our strong connections with leading companies in Germany and beyond facilitate internships that provide students with invaluable experience and insight into the industry. These internships often lead to job placements, significantly boosting career prospects upon graduation.

The career pathways for graduates are diverse and promising, encompassing roles such as Data Scientist, Data Engineer, Machine Learning Engineer, and Business Analyst, among others. With an average base salary of around €55,000, graduates can expect lucrative opportunities in various sectors, including finance, healthcare, technology, and consulting. Alumni of the program have gone on to achieve remarkable success, with many occupying leadership positions in prestigious organizations. Their testimonials reflect a transformative journey through our program, highlighting the skills and experiences that propelled their careers forward.

Why Study Master of Science in Applied Data Science at Frankfurt School of Finance & Management?
  • Comprehensive Curriculum: The program covers essential topics including applied statistics, machine learning, and database systems, ensuring that students gain a robust understanding of data science principles.
  • Expert Faculty: Learn from experienced professionals and academics who bring real-world insights and cutting-edge research into the classroom.
  • Networking Opportunities: Benefit from our strong industry connections and network with alumni who are making significant contributions to the field.
  • Research and Internship Opportunities: Engage in hands-on projects and internships that provide direct industry exposure and practical experience.
  • Global Perspective: With a diverse student body, you will gain a broad understanding of global issues and approaches in data science.
  • Career Support: Our dedicated career services assist students in finding placements, internships, and career development opportunities.

Admission requirements for the Master of Science in Applied Data Science program include a completed application form, academic transcripts, a resume, and academic letters of recommendation (LOR). Prospective students must demonstrate proficiency in English, with minimum scores required in standardized tests such as TOEFL (minimum score of 90) or IELTS (minimum score of 7). The application deadline for the summer intake is June 30th, and interested candidates are encouraged to submit their applications early to ensure a smooth admission process.

The program's unique features, such as the integration of business acumen with technical skills, set it apart from other data science curricula. By focusing on real-world applications, students are not just learning about data science—they are becoming experts ready to tackle the challenges of the modern data landscape. This blend of knowledge and experience makes our graduates highly sought after by employers worldwide.

In conclusion, the Master of Science in Applied Data Science at Frankfurt School of Finance & Management is not just a degree; it is a gateway to a successful career in one of the most dynamic fields today. With a rigorous academic structure, dedicated faculty, and unparalleled industry connections, this program is your stepping stone towards becoming a leader in data science.

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Duration

24 Months

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Median Salary

$55,000

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Intake

Summer ( July - Sept )

Class Profile

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Class Size

30

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Average Age

25

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Average Work Experience

1 Years

Diversity

North America:

5%

Africa:

1%

Others:

2%

Asia:

10%

South America:

2%

Germany:

60%

Europe:

30%

Career Outcomes

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Median Earnings After Graduation

$55,000 / year

Prospective Job Roles

Statistician

Research Scientist

Software Engineer

Data Engineer

Data Analyst

Quantitative Analyst

Data Scientist

Business Analyst

Data Architect

Machine Learning Engineer

Top recruiters

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Eligibility Criteria

English Proficiency Tests

  • TOEFL

    90

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  • IELTS

    7

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Application Requirements

Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

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    Transcript

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    Academic LOR

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    Resume

Application Deadlines

Standard Deadline
SummerJun 30, 2023

Fees and Funding

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Tuition Fees

$17,750 / year

Funding Options

External Sources - Scholarships

Department Funding

To apply, submit a complete application for admission within a few weeks of the priority deadline for best results.

Scholarships

The Frankfurt School of Finance & Management offers a variety of scholarships for students pursuing an MSc in Applied Data Science. These scholarships are based on academic merit, financial need, and professional experience. The university also offers a number of fellowships and internships that can help students gain valuable experience in the field of data science.
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    The Mastercard Foundation Scholarship

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    The Goldman Sachs Foundation Scholarship

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    The Google Anita Borg Scholarship

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    The Microsoft Research Scholarship

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    The IBM Watson Scholarship

FAQs

  • A student can complete Applied Data Science at Frankfurt School of Finance & Management with in 24.

  • The deadline to submit an admission application for Applied Data Science at Frankfurt School of Finance & Management is Application deadline Summer (Standard Deadline) - date - 30/06/2023

  • The annual tuition fee to pursue Applied Data Science at Frankfurt School of Finance & Management is EUR 17750.

  • The Applied Data Science at Frankfurt School of Finance & Management has 4 semesters.

  • The submission of these scores mainly depends on the type of degree/ course selected at the Frankfurt School of Finance & Management. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check Frankfurt School of Finance & Management requirements before submitting a score.

  • Applied Data Science can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more

  • If a student fulfils all the eligibility criteria and admission requirements of Frankfurt School of Finance & Management, they can easily pursue Applied Data Science. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.

  • An MS degree at Frankfurt School of Finance & Management can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official Frankfurt School of Finance & Management website to check the course/ degree duration.

  • One can apply for scholarships to pursue their international education at Frankfurt School of Finance & Management by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.

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