Application to the Specialization Decision Sciences
Who can apply?
Programs that make you eligible to apply:
Bachelor WIRE (Math required)
BBE students: Business and Society, Foundations in Microeconomics, Quantitative Methods 1+2; or equivalent
All other students: STEOP: Intro BWL, Intro VWL, Math; CBK: Stats; or equivalent
What are the steps of the application process?
Step 1: Please register for "Access to Specialization in Data Sciences: Game Theory, Psychology and Data Analysis in LPIS"
Step 2: Apply via CANVAS by completing the application form and uploading your CV, your performance record and your motivational letter, and completing a questionnaire.
The titles of your documents have to be as follows:
Step 3: You receive a notification via LPIS (after steps 1 and 2) if your application was successful.
Step 4: You will also receive an Acceptance Letter via email from Decision Sciences, which you MUST reply to via email whether you are accepting your spot or not, as any declined spaces will and must be offered to students on the waiting list.
Step 5: Once you have confirmed your space, you will need to register for at least one class from courses I, II and II. (you may register for all classes at once).
How does the admission work?
We are currently admitting 50 students per semester.
Application numbers vary each semester, but on average we receive about twice as many applications as we have spots, i.e. ca. 100.
We select students based on a combination of their GPAs with emphasis on intro math and stats courses, as well as their motivational letters.
What does the motivational letter have to be about?
We will ask you to describe how you would use strategic thinking (game theory), psychology, and data analysis to solve a specific problem. The specific topic is always published in CANVAS.
What happens if I decline the offer to take the specialization?
If we accept you for the specialization and you decide not to take part in the upcoming semester, but you would like to take part in the following year, please note that you have to go through the entire application process again.
What course combinations can I choose?
How is the specialization Decision Sciences structured (as of summer term 2024) ?
The specialization consists of 5 courses in total, which you can enrol to during two enrolment phases:
Enrolment phase 1 - before the start of the semester for the 3 mandatory courses:
You can start with any of three mandatory courses (course I to III) and you can choose to start with one, two or even all three courses.
Game Theory I (Course I)
Business Psychology I (Course II)
Empirical Data Analysis (Course III)
Enrolment phase 2 - during the semester for the remaining 2 courses.
Game Theory II or Business Psychology II (Course IV)
Project Course or Advanced Course (Course V
In order to attend Game Theory II or Business Psychology II, you will only have to have completed Game Theory I or Business Psychology I respectively. However, for course V, you will need to have completed classes I, II and III.
What materials and programs will I need for this specialization?
We do not require you to buy textbooks, but strongly recommend you install R (which is free).
What do I need to know about the kick-off event?
The kick-off takes place at the beginning of each semester. Attending this event is mandatory at the beginning of the first semester in our specialization.
This is a three hour event which will give you a chance to learn more about the contents of the courses, get to know the lecturers as well as the other students and ask questions if you have any.
The next kick-off takes place on Tuesday, March 5, 2024 from 12pm to 3pm at D5.
When and where can I apply for the SS 2024?
Please register for 5229 ET Access to Specialization in Data Sciences: Game Theory, Psychology and Data Analysis in LPIS from February 1st, 2024 14:00 until February 4th, 2024 23:59 and
Apply via CANVAS from February 1st, 2024 14:00 until February 9th, 2024 18:00 by completing the application form (link will also be in CANVAS) and uploading your CV, your performance record and your motivational letter, and complete the questionnaire.
You will be informed by February 19th, 2024 at the latest if your application was successful.
Enrolment phase 1 for courses I, II and III is open from February 22nd until February 25th in LPIS.
Enrolment phase 2 for courses IV and V is open from April 16th until April 19th in LPIS.
Institute for Markets and Strategy