Data represent the most important currency of our time. But only very few people know how to get the best out of data. We train these people. Our Master’s degree programme in Management, Economics, and Data Science can transform you into a highly sought-after Big Data expert equipped with innovative and powerful tools for extracting maximum knowledge from vast data pools. These will enable you to inform business choices and make economically sound decisions.
Curious what the Master’s degree programme in Management, Economics, and Data Science is all about?
Duration: 4 semesters
ECTS credits: 120
Level of qualification: Master’s degree programme
Degree: Master of Science (MSc)
Prerequisites: Yes
Special admission procedure: Yes
Language of instruction: English
Range of coursesThe Faculty of Management, Economics & Law at the University of Klagenfurt has been accredited by AACSB International:
The internationally renowned faculty teaching in the Master’s degree programme head up international research projects aimed at gaining scientifically sound insights from Big Data. They calculate and analyse crucial economic interrelationships. Examples include the impact of specific marketing measures on market demand or the composition of optimally performing teams in business organisations. They collaborate on the concept of the Sharing Economy, which has the potential to change the transport and logistics industry for good, but also on issues of health economics, such as the impact of parenthood on health and mortality. Economic success, the realisation of environmental goals, our social coexistence: Nowadays, all of this relies heavily on the skilful use of data.
In this day and age, nothing works without the methodical acquisition and analysis of data. However, it is becoming ever more difficult to keep track of the massive volumes of data and to prepare data in such a way that clear results are available and forecasts can be derived.
The Master’s degree programme in “Management, Economics, and Data Science” will teach you how to handle data methodically and how to make optimal economic decisions based on sound analytical methods.
We know: The economy needs innovative minds like you. You have the potential to thrive with your Master’s degree and to gain the perfect launch pad for your career. Could this degree programme be perfect for you?
To start the Master’s degree programme in Management, Economics, and Data Science in Klagenfurt, you need to go through a special admission procedure.
15 February to 15 July 2023
The Master’s degree programme “Management, Economics, and Data Sciences” offers you a course of study featuring brand new and innovative approaches: The University of Klagenfurt offers you a modern, integrated degree programme that is geared towards the challenges of today. It blends the essential components of management, economics and data science into a unique, specialized qualification profile.
The programme delivers insight into a broad spectrum of data analytical tools designed to solve complex business and economic questions. What is distinctive about the degree programme is its solid quantitative orientation, which builds on the instruction on statistical, mathematical and analytical methods. You will acquire the tools necessary to effectively address decision-making challenges in business and economics.
Please address your enquiries to
meds [at] aau [dot] at
Student Guidance Service
E-mail: studieninfo [at] aau [dot] at
You possess highly specialised modelling know-how and can search for data, consolidate it, evaluate it and, most importantly, draw the right conclusions from it in order to make well-founded decisions.
In Klagenfurt you can study at your own pace. To help you follow your path with confidence, we keep it clear of (bureaucratic) stumbling blocks and barriers. If you wish to reach your goal quickly and efficiently, we will always be there to support you. Our recommended course of study will guide you through the semesters. You work your way through the curriculum – making the most of opportunities to broaden your horizons and without wasting time. If you would like to know which courses await you before you start, take a look at the wide range of seminars and lectures.
You can choose between two specialisations (Majors): “Business Analytics” and “International Business and Economics”
Programme structure: specialisations
You can choose between two specialisations (Majors): „Business Analytics“ and „International Business and Economics“
In this Major, you will learn to master and apply tools for business analysis and decision support. You will consolidate your knowledge of decision theory as well as data analysis and programming and you will apply the skills you have acquired to a range of business management issues. Drawing on your expertise, you will be able to identify business decision-making problems and derive analytically sound recommendations for action. This gives you the ideal qualifications to prepare and implement evidence-based decisions in diverse functional areas of an enterprise organisation.
The Major Business Analytics specializes in integrated managerial and data analysis and features the following compulsory mini-tracks:
In this Major, you will learn to solve integrated business and economic problems. This Major is particularly well-suited for graduates of the Bachelor’s degree programme in International Business and Economics. A sound methodological education, especially the combination of empirical and data-analytical skills, equips you to solve a wide range of economic problems of practical relevance. The emphasis on quantitative analysis and problem-solving skills unlocks a variety of career paths for you.
The Major International Business and Economics specializes in integrated economic and management analysis and features the following compulsory mini-tracks:
Programme structure: a tabular overview
| Subject | Designation | ECTS credits |
|---|---|---|
| Required subjects: Common Body of Knowledge (CBK) | CBK 1: Mathematical Methods | 8 |
| CBK 2: Statistical Methods | 8 | |
| CBK 3: Bridging Computing | 4 | |
| CBK 4: Bridging Business | 2 | |
| CBK 5: Bridging Economics | 2 | |
| CBK 6: Ethics and Diversity Management | 6 | |
| Guided electives (Choose one Major) |
Major Business Analytics
3 compulsory mini-tracks (36 ECTS):
Choose 2 further mini-tracks (24 ECTS):
|
60 |
| Major International Business and Economics 3 compulsory mini-tracks (36 ECTS):
Choose 2 further mini-tracks (24 ECTS)
|
||
| Master’s thesis | Master’s thesis | 19 |
| Seminar accompanying the Master’s thesis | 4 | |
| Open electives |
6 | |
| Overall examination |
1 | |
| Total | 120 |
There are no limits to your personal development. Enjoy the freedom that only a university degree can offer you and expand your horizons beyond your academic studies. You can pick and choose which competences will set you apart in the future. We have lots to offer, for instance:
In order to start the Master’s degree programme Management, Economics, and Data Science in Klagenfurt, you have to complete a special admission procedure in the form of the Graduate Record Examination. Further information on the admission procedure can be found on the page Special admission procedure for the Master Management, Economics, and Data Science.
Applicants must also meet the following conditions:
Prospective students who apply for admission to this Master’s degree programme must provide evidence of English language proficiency at the required level at the time of application.
Bachelor’s degree programmes that can lead directly to this degree programme:
Other degree programmes completed at the Bachelor’s level entitle students to admission provided that they can demonstrate core business knowledge amounting to at least 30 ECTS credits and mathematical and statistical knowledge amounting to at least 15 ECTS credits. Applicants who do not have these qualifications may, in individual cases, be admitted after passing individually prescribed supplementary examinations.
We won’t abandon you, especially at the start of your studies!
You’ll soon discover this: Graduates and students from the University of Klagenfurt have many interesting careers.
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Forschungskommunikation2023-04-20 16:33:072023-04-20 16:37:50Not every business school graduate makes an effective NPO managerIn general, students are encouraged to spend a period of time studying abroad. Erasmus+ and Joint Study programs allow students to study at numerous partner universities in Europe and across the globe.
When does the semester start?
The winter semester starts on the 1st of October and ends on the 31st of January. The summer semester starts on the 1st of March and ends on the 30th of June.
Further information is available in Term dates & deadlines.
How can I apply for the Master’s degree programme?
How can I prove English language proficiency?
A list of the accepted language qualifications is available in the Regulation issued by the Rectorate concerning proof of required language proficiency for admission to study programmes.
Where can I find additional information? Who can I contact with questions?
Please refer to the Curriculum (PDF) and our website for further information on all aspects of studying. If you have additional questions, you can also contact the Student Representatives of the Austrian National Union of Students or the Programme Director directly.
Once you have completed the Master’s degree programme in Management, Economics and Data Science you can continue straight on to the following degree programme:
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