A recent Forbes Magazine report tagged data as the new ‘oil’ and data science as the ‘sexiest job of the 21st century.’ The statement could not have been truer in today’s context.
Data science is one of the fastest-growing disciplines that have immense applications across different industries. If you were to consider doing a masters in data science in Germany, you would get a very high return on your investment owing to the delightfully diverse and numerous career prospects.
However, you might argue that a data science programme should be good to go even if you decide to pursue it in your home country. This blog explores the different benefits of pursuing a data science master’s degree in Germany. It will also dive into the kind of costs you can expect from such a programme.
Why should you consider pursuing a data science master’s programme in Germany?
Master’s degree graduates in data science and Big Data are in immense demand in Germany owing to its companies relying more on data analysis to drive business decisions. Here are some other advantages of investing in a postgraduate data science programme from a reputed German university.
- German business and technology schools are known for their top-quality education.
- The tuition fees for data science programmes from public German universities are often next to nothing. They are also affordable for private German universities.
- There’s an immense job market for qualified data scientists in Germany.
- European countries other than Germany are also vying for qualified data science professionals.
- Studying in Germany allows you to travel to other member EU countries.
- Pursuing a data science programme hones your computer coding and critical thinking skills which can be useful for a career in many other technical disciplines.
- International graduates can stay back in Germany for 18 months after their graduation to find a job.
How much can you expect the tuition fees to be for master’s programmes in data science from German universities?
As mentioned earlier, if you intend to pursue your data science postgraduate programme at a public university, you need not pay any tuition fees. Other associated student fees are also nominal and range from € 150 – 300 per semester.
The cost of studying for an MS in data science can be higher in a private university or technical school in Germany. Even then, the annual tuition fees mostly stay in the range of € 11000 to € 17,000.
This expense is in addition to the cost of living as an international student in the country. As per a DAAD report, that amount can be around € 10,332 per year.
You might also incur additional costs in the form of an international health insurance package and the cost required to apply for a German student visa.
What kind of career prospects can you expect as a data science graduate in Germany?
Qualified data science graduates can enjoy good career prospects once they complete their studies. A Payscale.com report suggests that the average annual salary for a data science professional in Germany is around € 66,000 annually.
