The new Master in Data Analytics: Career opportunities in the data age!

The new Master in Data Analytics: Career opportunities in the data age!

The Technical University of Bergakademie Freiberg has announced two new master's programs that adapt to the increased demands of the labor market. Applications for the “Mathematics in Business, Engineering & Computer Science” and “Data Literacy and Business Analytics” programs can now be submitted until September 30th. This comes at a time when the need for specialized professionals in data analysis and business orientation is skyrocketing, driven by the increasing availability of data and growing computing power, such as hm.edu reported.

The Master’s “Mathematics in Business, Engineering & Computer Science” is aimed primarily at bachelor’s graduates in mathematics. This course lasts four semesters and teaches students methods for solving application-oriented problems in various specialist areas. Application areas include autonomous driving, intelligent materials, sustainable financial products and voice assistants. In addition, the master's degree qualifies students not only in mathematics, but also in economics, engineering and computer science and promotes their mathematical know-how and abstraction skills.

Career orientation and future prospects

The “Data Literacy and Business Analytics” master, on the other hand, is aimed at bachelor’s degree holders in economics courses. Here, students learn how to collect and process large amounts of data and implement data-driven solutions. Project modules and case studies are integral parts of the curriculum and address real challenges from business and society. These capabilities are necessary because companies that effectively collect and analyze data can gain critical competitive advantages, such as tu-freiberg.de executes.

Promising career prospects open up for graduates of these courses. The need for data analytics professionals affects all sectors of the economy, including manufacturing, retail, telecommunications and healthcare. Small and medium-sized companies in particular are showing increasing demand for data science specialists hm.edu is occupied.

Global trends and opportunities

Globally, data analytics specialists are in demand worldwide: 97 million new jobs could be created in this sector by 2025. A promising starting salary for graduates is between 50,000 and 60,000 euros, while experienced professionals can reach up to 68,000 euros or more. The market for data science is growing rapidly, and in Germany only 6% of companies have specialists for data-driven business models. Therefore, 15% of companies plan to hire such specialists as uni-giessen.de has determined.

In summary, it can be said that the new master's programs at the Technical University of Bergakademie Freiberg not only respond to current market developments, but also impart future-oriented skills that are essential in a data-driven economy. The combination of theoretical knowledge and practical applications in both programs makes graduates sought-after professionals who can work in a variety of industries.