Master of Science in Operations Research and Business Analytics/ ORBA
Get a brief overview of the international master's from our faculty with teaching language English.
|Study Program:||Operations Research and Business Analytics
|Degree:||Master of Science (M.Sc.)|
|Class:||NC Ranking: limited 25 (winter) 20 (summer) places|
|GPA:||min. 2.9 (German grading scale)|
|Tuition:||Subsidized by German goverment for all students|
|Admission:||Documents + academic requirements|
|Special requirements:||English skills proof|
|Modules:||Overview of classes: program structure WS 2019/20|
|Credits:||ECTS 120, including master's thesis|
|Regulations:||Study- and exam regulations|
|Internships:||Not integrated in the study program|
|Begin:||Winter (October) and summer semester (April)|
The study program is designed for:
Students who want to acquire knowledge, quantitative tools, and skills for analyzing and monitoring the performance of public and private enterprises. Furthermore, it provides future managers with quantitative information for strategic, tactical, and operational decisions. More specifically, students learn to solve challenging problems in Supply Chain Management and Financial Engineering.
The program builds upon a strong basis of data analysis, quantitative modelling, and algorithms. Additionally, the program qualifies students to accept challenging positions in private and public sectors of international corporations a well as for future scholarly research; for example, our doctoral program in Business Administration. Experience with quantitative modelling, which is built into the program structure, provides students the opportunity to enter excellent career fields.
The study program is structured as follows:
Minimum 15 ECTS (credit points) in "Methods of Computer Science"
Minimum 15 ECTS in "Quantitative Methods"
Specialization Tracks: Financial Engineering or Supply Chain Management with 35 ECTS (including seminar and project)
Elective modules with a minimum of 10 ECTS, and a writen master's thesis and a final seminar with 30 ECTS.
The fourth semester is reserved for a written master’s thesis and a master’s thesis seminar. Candidates must demonstrate their ability to work independently on a selected topic using scientific methods.
Note: This study program is a cooperative effort between the schools of Mathematics, Computer Science, and Economics & Management at our university. Students should anticipate comprehensive studies, as well as examinations in mathematics and computer science. Previous knowledge of these field is essential and highly recommended.
* 1 ECTS stand for a work load of 30h (5 ECTS = 150h per module, goal 30 ECTS per semester)
Applicants must show proof of an undergraduate degree in a relevant subject from a recognized university, with sufficient credits in economics and business administration or mathematics and statistics. Knowledge in the field of computer science (Languges etc.) is essential. Please see application details below for specific information regarding previous gained degree and relevance. Additionally, English skills must be proven with a recognized test.
An academic degree is considered relevant with a minimum of:
1.) 45 ECTS (EU degrees) or 9 modules (Non-EU degrees) in: economics, business administration plus
minimum 20 ECTS (EU) or 4 quantitative modules (Non-EU)* or
2.) 65 ECTS (EU) or 13 modules (Non-EU) in mathematic-statistic modules.
* Quantitative modules are modules like: mathematics, statistics, econometrics, etc.
Prove too: computer skills and education and job experiences.
Letter of motivation
A motivation letter with a maximum of 400 words is a mandatory application document. The letter has to include the following aspects:
- information about the written bachelors' thesis: topic, applied methods, etc.
- importance of the requested study program for the applicant
The language of instruction and assessment in our full-time master's study program is exclusively English. Students must demonstrate fluent written and spoken English on a graduate level, such as the knowledge and skills necesary to complete academic papers. Applicants with excellent knowledge of English may prove their performance with:
TOEFL iBT: 108 points
Cambridge Certificate in Advanced English: Grade C
To see all valid options to prove your English skills look here.
Please be informed that English tests which are not listed under the link above are not recognized!
We recommend to have basic knowledge (A2 or higher) of German in order to complete daily tasks and to be able to solve administrative duties for studying or doing an internship in Germany: however, German skills are not an admission requirement for our English study program.
The university has a variety of offices to support students during their studies, including workshops and personal counseling. Specifically, this program gives its students the opportunity to visit the International Study Program office to receive personal counseling regarding study organization and advice. At the beginning of the winter semester an academic orientation seminar is offered. Additionally, multiple presentations are held for students by students SIMP-SON about university life and integration into German society.
The M.Sc. Operations Research and Business Analytics prepares students for careers in supply chain management, operations, logistics, finance and risk management, consulting, and IT. If you would like more information about career services, internships, job search counselling, job interviews, workshops, etc., please check out the Career Service Center which is an institution of the Otto-von-Guericke University Magdeburg.
Our faculty fosters well-established relationships with reputable universities in many countries. If a graduate student wishes to study abroad for one semester (the third semester is suggested), we will be happy to advise him/her and provide credit transfer counseling. Travel grants may be available on an individual basis and must be applied for. For detailed information and counseling, please visit the homepage of the International Office and the exchange data base "MOVE ON".
There are no compulsory internship requirements. However, graduate students are encouraged to complete at least one internship over the course of their studies in order to gain experience within a German or international workplace environment. Internships must be self-organized. AIESEC, IAESTE, and Leonardo provide opportunities and assistance to both German and international students.
A brief introduction to the educational system in Germany
The university system in Germany is based on a strong self-organizing structure, which includes familiarizing yourself with the study handbook and regulations. Students should be very responsible, organized, and flexible to ensure that they can finish the program successfully. A typical study week involves approximately seven lectures of 90 minutes each, plus two or three tutorials. Prior to and after attending lectures, students are required (approx. 3 hrs/wk per class) to independently study in order to expand and reinforce their understanding of the material introduced in class.
Students must expect a weekly workload of 22 to 26 hours of classroom studies, including lectures to learn new concepts and methods, tutorials to discuss concepts and practice methods, and seminars to apply the knowledge on concepts and methods by writing an academic paper and giving a presentation in a teamwork project.