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These Master In Data Science Students Are Exploring Big Data & Artificial Intelligence

Students in the Master in Applied Data Science at Frankfurt School study hot topics like artificial intelligence and big data analytics, working with real firms



Fri Mar 29 2019

Today’s business leaders need to be able to understand and use big data like never before.

Whether it’s helping to streamline your resources, save vital cash, or gain insights to your customer market, being able to prepare and visualize data is increasingly important when it comes to pushing a business forward.

Big data analytics is also one of the hardest skills to recruit for employers, so much so that 13% of companies rated the skill as ‘impossible’ to hire in 2018’s Financial Times Skills Gap Survey .

Frankfurt School of Finance and Management’s Master in Applied Data Science was developed in response to that demand.

In the two-year program, students cover both business fundamentals and explore hot topics like Machine Learning and Artificial Intelligence. Students get to solve real-world data science problems, working on company projects with the school’s big-name corporate partners, including Commerzbank and PwC.

The program follows a unique 3-day model, with students attending class three days a week—on Thursdays, Fridays, and Saturdays—leaving time for part-time work and study.

Diverse Experience

German student Loa Marx joined the course after completing a bachelor’s in business informatics, where she discovered a love for stats and data. She subsequently decided to move towards data science in her master’s. Loa

For Loa, the master’s provided the perfect opportunity to build up her knowledge in statistical methods despite her not coming from a purely data background. Instead, the program attracts people from a range of academic and global backgrounds.  

“It is incredibly enhancing, there is a lot to learn from different types of people” she explains.

Students studying applied data science at Frankfurt School of Finance and Management have experience in a range of subjects such as linguistics, marketing and engineering. Over half of the students on Loa’s course are international.

Students get diverse experiences too: with many of their classes being held in Frankfurt School’s new artificial intelligence lab, lectures on the ethical considerations around Industry 4.0, hackathons, and business games. While the program is taught entirely in English, German classes are provided for all non-German speakers.

Following her degree, Loa hopes to go in to the business analytics field, using her knowledge in data, technology and business to eventually move on to a management position.

“You learn to make data-based decisions and that’s a great starting point to pursue a management career,” Loa explains. “Frankfurt is ahead of other business schools in this field.”


Big data revolution!

Fellow student, Felix Schmid, agrees. Felix, who studied engineering and management at undergrad, wanted to study data science to stay at the cutting-edge of business.

The big data industry in Germany is growing rapidly, with sales of hardware, software and services in big data growing to approximately €6.8 billion in 2018, up by 10% on the previous year. Such statistics are echoed across the world as big data becomes increasingly vital.

‘‘I felt that the technical side and those big data insights will really drive the economy in the future and that’s why I decided to go for data science master,” Felix explains.

As well as the training in big data analytics, Felix has been inspired by the community and professional network he’s developed at Frankfurt School of Finance and Management. Students at Frankfurt learn from experienced innovators who have previous business experience, meaning they are able to provide industry insights as well as academic.

“We are a small class and you can always talk to the lecturers so you get a lot of knowledge about their experiences,” he says.

Vahe Andronians, a professor on the course, explains that the MSc in Applied Data Science was created as a response to the demand for business savvy data scientists, with the artificial intelligence labs forming a key part of that. 

"It provides a space where new learning concepts can be developed, tested and immediately implemented in to the teaching programme," he explains. The labs subsequently provide space for experimentation and creativity when working. 

"Students will learn the foundations of Artificial Intelligence which will allow them to stay on top of an increasingly faster evolving industry."

Student Reviews

Frankfurt School of Finance & Management




Modern and global

Frankfurt School provided me with one of the best experiences of my life. I was an Erasmus student for a semester and could learn a lot. I took some mainstream courses like marketing and supply chain management, but also some innovative courses like applied persuasion and event planning. The professors are not only germans but from different parts of the world, mostly with international experience. The student life is great, the FS Bulls are a great community that is definitely worth being a part of. The best part is the campus, newly built with ultra modern architecture located in on the of the best neighbourhoods in Frankfurt am Main. You can find accomodation right next to it, many student residences at a fair price.




Career Oriented

I am a first year at the Frankfurt School and have been a prt of it for only a month; however, I can say for sure that the university provides its students with all the opportunities to grow professionally and personally. The majority of the professors are or have been successful professionals who easily relate the course material with real life and make lectures enjoyable. The extra curricular activities provided by the university are also a great step to life after graduation and give a head start for the students career.




University giving its students education of high quality and career prospects.

This university has helped me gain knowledge and experiences, that I lacked in my home country. Being in a great international surrounding, I have the opportunity to prosper and learn every day. The study program is very engaging, and the lecturers help you grow.





I’m a bachelor student at Frankfurt School of Finance and Management and my overall experience was better than I expected. The classes have a small number of students, which makes the relationship with the professor better because they become easier to approach. During my years of study, I had both practical and theoretical classes, like innovation management, big data & analytics, econometrics. But the theories and concepts are directly applied to real-life problems due to many professors working in banks or consultancies, which is really good. FS supports students in finding internships and semesters abroad, but when it comes to housing not so much because it’s not that easy in Frankfurt. FS offers dorms, but it is only to a limited amount of students and the facilities aren’t the best. In terms of student organizations, there are a lot of different sport clubs for almost every kind of sport, also student consulting, student investment club, student politics club, music, arts, etc. Living in Frankfurt is good, it is very multicultural in Germany, with lots of cultural actives, museums, parks, etc. The nightlife is also nice with proper nightclubs compared to the size of the city, Gibson, Velvet, Adlib to name a few, and there also is a bar district in Alt-Sachsenhausend and a lot of bars where bankers go in the city center. The campus is not really comparable to an actual campus like the American universities, but it’s a big modern building that was built 2 years ago. I would definitely recommend it to a friend if you're willing to pay that much for uni, because there are still a lot of public unis in Germany that are comparably good (Mannheim, Goethe, LMU Munich...).