Study Data Science in Germany at a Fraction of the Cost
Posted on August 25, 2022
Why Should you Pursue Data Science Degree from Germany?
- Data Science is bemong relevant in a broad range of industries.
- Four universities in Germany offering Data Science study programs rank in the top 100 in the QS rankings.
- The tuition fee at German universities are inexpensive.
- There are good emplyment prospect after one graduates with a degree in data science.
- The curriculum of Data Scienec is research oriented.
The processes of data science are required in most of the industries, apart from the technology sector. A report by the US Bureau of Labour Statistics concluded that the requirement of data science technology will create approximately 11.5 million job vacancies by 2026.
According to the QS World University Rankings by Subject (Statistics and Operational Research) 2022, four of the universities of Germany feature in the top 100 universities, worldwide. The list of universities offering Data Science studies at inexpensive tuition fees consists of:
|Universities in Germany offering Data Science Programs|
|University||Tuition Fee (in Euros)|
|Technical University of Munich||1600|
|Humboldt-Universität zu Berlin||0|
|TU Berlin or Technische Universität Berlin||0|
As is evident from the table the universities offering Data Science studies in Germany charge a low tuition fee for the study program.
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Pursue Data Science in Germany
As per the US News & World Report, the research-oriented curriculum puts the education system of Germany in the top three.
Students in Germany can study data science at both post-graduate and undergraduate levels. German universities offer multiple specializations such as Data Science, Artificial Intelligence, Machine Learning, Applied Data Science, Big Data Management, Mathematics in Data Science, and many more. German universities have strong industrial associations such as Airbus, ERGO, Allianz Global Investors, and the like. It provides students an opportunity to gain advanced skills for a prosperous career.
German universities have unparalleled faculty and state-of-the-art infrastructure. It equips the students with a comprehensive understanding of related concepts such as practical machine learning, applied statistics, data preparation, database systems, and decision analytics. These subjects are frequently used in business operations.
Employment in the Sector of Data Science
In Germany, the average salary for data scientists is 66,000 Euros, whereas senior data scientists can have an income of approximately 86,000 Euros. Lead data scientists can earn more than 106,000 Euros, according to Glassdoor, a job search portal.
If you want to work abroad, the average annual salary of a data scientist in France and the UK is 45,000 Euros and 56,000 Euros, respectively.
As per Statista, a German company known in the market for consumer data, organizations that used to hire more than 50 data scientists have increased from 30 percent to 60 percent from 2020 to 2021. The confluence of a number of technology trends is encouraging the hiring of data science professionals.
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Relevance of Data Science
Data Science combines Computational Mathematics, Management, Computer Science, and Statistics. It restructures big data with technical, scientific, and analytical skills. A degree in Data Science gives graduates an advantage in their career, be it as a specialty or an added value to another major. Most colleges and universities offer data science and analytics study programs, with computer science, information sciences, and statistics degrees.
The publication “The Future of Work Report 2020” by the World Economic Forum estimates that by 2025 there would be a high demand for data scientists. That makes cloud computing and data science the most sought-after skills. The technology and consulting firm, Gartner predicts that 70 percent of organizations will start utilizing wide and small data by 2025. Organizations, worldwide, are focusing on methods to make use of and sort data for their goals.
Importance of Data Science Across Industries
Data Science has found its use across multiple industries. It was first used in the Finance and Banking sector which harnessed the power of data-driven science. The industries that leverage data science include Advertising & Marketing, Media, Manufacturing, Healthcare, Retail, and so on.
It is essential for the meta-environment. The shopping experience is metaverse, where the data submitted by individuals influence their shopping experience. Data is being channelized by brands to promote their products with the aid of AI. It indicates the indispensable role data science has in influencing the metaverse. Established organizations like Netflix and Amazon also leverage the data to offer a personalized experience to customers.
Career Paths in Data Science
The world’s top 5 tech companies Amazon, Microsoft, Apple, Google, and Meta are the largest employers of data scientists and engineers.
The field of data science has gained much popularity among ambitious professionals. Some of the most sought-after profiles are a data scientist, data engineer, data architect, data analyst, computer and information research scientist, and machine learning engineer.
Recent technological concepts like Artificial Intelligence, Deep Learning, the Internet of Things, and so on have boosted the influence of data science in various fields.
This is the reason why universities all over the world are emphasizing programs that will help the future workforce process the enormous data available now. The students pursuing data science studies in Germany can benefit from multiple options for specializations, innovative study modules, practical learning, and modern facilities.
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