M.Sc. Business Intelligence & Data Science
As a state-recognized, non-profit university the ISM is solely financed by tuition fees. The fees for the master’s program per semester (semester 1-3) are 6,180 Euro at campus Dortmund, Cologne, Stuttgart and Berlin and 6,480 Euro at campus Frankfurt/Main, Munich and Hamburg. The tuition fee for the last semester (semester 4) is only 1,200 Euro for the master's thesis.
The admission fee applies to international applicants that have a foreign citizenship or applicants that have not obtained their degree in Germany. Upon acceptance of a degree course place at the ISM the applicant has to pay an admission fee (deposit) of 7,000 Euro. With this payment the applicant may be eligible to receive additional services provided by the International Office prior to enrollment. The admission fee will be deducted in full from the tuition fees for the second semester in the degree course. The admission fee will be refunded in the event that the applicant proves that the visa application for a course of study at the ISM has been definitely rejected.
Once you are accepted as a student at the ISM you are required to pay enrollment fees, which amount to 600 Euro. From 2020, the enrollment fee for Non-EU-students is 1,500 Euro.
The ISM supports its international students with the allocation of scholarships – full or a partial to enable suitable students to study at the university.
Full scholarship from 1st semester: High-performing beginners can apply for a full scholarship including all tuition fees for the master's program (three semesters) as well as the tuition fee for the completing master's thesis. The scholarship does not contain financial support regarding accommodation, living costs, learning material, etc. Only the tuition fees for international partner universities that can be covered by the ISM’s tuition fee are covered by the scholarship.
Partial scholarship from 1st semester: This kind of scholarship covers a part of the complete tuition fees at ISM. It does not contain financial support regarding accommodation, living costs, learning material, etc.
In order to apply for the grant you have to fulfil the following criteria:
- Successful acceptance test
- Proof of financial need
- Full scholarship/partial scholarship: outstanding academic performance with a grade point average of 1.7 or higher in the first academic degree (e.g. Bachelor degree)
- Essential extracurricular activity e.g. student associations, student council or assistant as well as outside the school in charity organizations
If you are eligible to apply, please fill out the application form. The application must be submitted from November 15th - December 15th for spring term and from May 15th - June 15th for fall semester.
You will find all financing opportunities in our financing brochure (PDF).
Do you have any questions about studying? Please contact us!
You can also ask questions regarding your studies via WhatsApp:
+49 151.41 97 68 03
They will be answered from Monday to Friday 10:00 am – 03:00 pm or the next working day at the latest.
Munich, Cologne & Stuttgart Campus
+49 89.2 00 03 50-42
Frankfurt/Main, Hamburg & Berlin Campus
+49 30.3 15 19 35-101