Best masters in data science programs in 2024: Universities, rankings, courses, fees, job opportunities

Updated on Sep 9, 2024
Best masters in data science programs in 2024: Universities, rankings, courses, fees, job opportunities

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Did you know that the average annual salary of a data scientist is $100,000?

Wondering how? Pursuing a master’s in data science abroad can help you.

A master’s in data science gives learners the skills and knowledge to work in data analytics and data science. These programs may vary in their specialities, catering to different levels of study.

In a data science master’s program, you can learn various concepts and subjects. Students learn to perform mathematical calculations and statistical analysis with data, use programming and software tools for data cleaning and processing, and visualise the data.

Many data science programs also include capstone projects where students solve real-world problems. This helps reinforce their learning and provides hands-on experience. It will also add to their profiles or portfolios, helping them in their careers.

Hence, these courses offer a blend of conceptual learning and hands-on experience. Areas of study like data collection, preprocessing, analytics and visualisation are covered in these programs.

Data science master’s programs are available as Master of Science (MS or MSc) and postgraduate diploma programs for learners around the globe.

What is data science?

Data science involves collecting, cleaning, processing, and interpreting large volumes of data using various techniques such as machine learning, data visualisation, statistical modelling, data mining, and more.

Here are some benefits of pursuing a career in data science:

  • Data science is an ever-growing field and is widely in demand across various sectors like finance, engineering, e-commerce, and healthcare, to name a few.
  • Graduates with a master’s in data science can pursue careers as data scientists, data analysts, data engineers, and financial analysts, among other job profiles.
  • Careers in data science provide a competitive salary. The average annual salary for data scientists ranges from $90,000 to $150,000.

Elevate your future with a master’s in data science. Discover the perfect institution to boost your education.

In this article, we’ll look at

  • How to pursue a master’s in data science
  • Admission requirements and costs
  • Top universities for data science master’s programs
  • Study and living costs for international students pursuing data science
  • Various career opportunities

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Best master’s in data science programs in 2024: Highlights

Course modeFull-time (on-campus)
Course duration1-2 years
Educational qualificationsStudents with a background in mathematics, computer science, engineering, or related fields can pursue data science master’s programs. 
Minimum English proficiency and entrance exam requirementsIELTS: 6.5, TOEFL: 88
Fees range$21,000 - $40,000
Post-completion Optional Practical Training (OPT)1 year

Data updated as of February 2024

Why study master’s in data science?

Before we dive deep into studying data science master’s programs, let’s understand the importance of pursuing these courses.

  • Quality education - Studying data science master’s programs abroad provides access to top-notch faculties, ensuring a comprehensive learning experience.
  • Global community - Studying data science master’s programs abroad allows students to be part of a global academic community that encourages research and entrepreneurship, providing international exposure.
  • Industry connections - Many universities abroad have close ties with industry leaders and offer internships and networking events. It enables students to gain practical experience, connect with industry professionals, and increase their chances of securing internships and full-time job roles.
  • Post-graduation work opportunities - Studying data science master’s programs abroad provides post-study opportunities for international students, allowing them to gain work experience after completing their studies.

Is studying master’s in data science your dream? Explore your options with Edvoy!

How to get admission to data science master’s programs abroad?

In addition to the eligibility criteria, universities need other documents to proceed with your application. Make sure you have the below-mentioned documents.

Also read: Letter of recommendation for students

Common subjects in a data science master’s program

Some of the core subjects taught in data science are:

  1. Mathematics & statistics
  2. Computer science
  3. Programming languages such as Python, R, and SQL
  4. Data analysis
  5. Data visualisation
  6. Machine learning
  7. Artificial intelligence

Best universities abroad for master’s in data science

Pursue your higher education in data science at some of the best universities abroad, where knowledge transforms into innovation.

Universities abroad offer some of the best data science master's programs. Here are some popular universities that offer data science master’s programs abroad.

UniversityQS Rankings 2024Annual tuition fees for international studentsMinimum English proficiency and test score requirements
Wrexham UniversityNA£12,500IELTS: 6.0
University of Liverpool176£23,400IELTS: 6.5 or TOEFL: 88
Trinity College Dublin81€24,669IELTS: 6.5 or TOEFL: 88
University of Glasgow76£24,540IELTS: 6.5
University College Cork292€18,130IELTS: 6.5 or TOEFL: 90
University of Limerick426€15,044IELTS: 6.5 or TOEFL: 90
Lancaster University125£16,287IELTS: 6.0 or TOEFL: 87
Arizona State University179$27,792IELTS: 7.0 or TOEFL: 90
Thompson Rivers UniversityNA$13,633IELTS: 6.5 or TOEFL: 88
University of Otago206NZ$36,411IELTS: 6.0 or TOEFL: 80

Data updated as of February 2024

Best master’s in data science programs in 2024 

Get ready to start your transformative journey in data science with some of the best data science master’s programs

Program NameDurationFees
MSc Data Science and Big Data Analytics, Wexham University1 year$15,834
MSc Data Science and Artificial Intelligence, University of Liverpool1 year$33,379
P.Grad.Dip. Computer Science - Data Science, Trinity College of Dublin1 year$26,730
MSc Data Science, University of Glasgow1 year$38,307
MSc Data Science and Analytics, University College Cork1 year$19,645
MSc Data Science and Statistical Learning, University of Limerick1 year$16,301
PGDip Data Science, Lancaster University1 year$24,611
MS Data Science, Analytics and Engineering (Bayesian Machine Learning), Arizona State University2 years$27,792
Master of Data Science, Thompson Rivers University2 years$13,545
DipGrad Data Science, University of Otago1 year$22,222

Data updated as of February 2024

Cost of studying master’s in data science abroad

The cost of studying data science master’s programs can vary depending on several factors, such as the university, program duration, location, and lifestyle choices. Here are some key points to consider regarding the cost of studying data science master’s programs abroad:

  • Tuition fees - The tuition fees for a master’s in data science abroad can vary significantly depending on the university. On average, data science master’s programs can range from $21,000 - $40,000.
  • Living expenses - The cost of living can vary depending on the location and lifestyle choices. Major cities tend to have higher living costs than smaller cities or towns. Your choice of countries to study abroad plays a huge role in deciding your finances, as the cost of studying abroad differs for each country.   

    Websites like Numbeo provide the cost of living for countries across the globe. The tuition fees and travel expenses also add to the finances.  

    The average annual costs of living for international students in various countries are as follows:
CountryAverage cost of living (per year)
United Kingdom£12,000 - £15,000
United States$10,000 - $18,000
New ZealandNZ$20,000 - NZ$27,000
AustraliaAUD 25,000 - AUD 35,000
Ireland€7,000 - €12,000
CanadaCAD 9,500 - CAD 12,000

Data updated as of February 2024

This includes the costs for accommodation, food, transportation, and other personal expenses. 

  • Health insurance - International students must have health insurance coverage. On average, health insurance costs for international students can range from $500 to $2,000 per year, depending on the country, plan and coverage.
  • Additional expenses - Students should also calculate the budget for additional expenses such as textbooks and study materials, transportation, entertainment, and personal expenses.   

    To balance your finances, you can work part-time, or find internships. This will add to your professional experience during your study period, and also reduce financial stress.

Also read: How to find internships abroad

Student visa cost for international students

The student visa cost will vary depending on where you want to study. Here are the costs for popular countries:

VisaCost
UK student visa£363
USA student visa$510. This is for the F1 student visa and includes a $350 SEVIS fee and a $160 application fee.
Canada student visaCAD 235. This includes the application fee of CAD 150 and the biometrics fee of CAD 85.
New Zealand student visaNZ $530. This figure will vary depending on where you’re applying from.
Australian student visaAUD 710
Ireland student visa€60

Data updated as of February 2024

Students can get post-study work visas that help them stay in the country after graduation for a specific time and look for job opportunities. The following table shows the duration of stay in various countries after graduation. 

CountryName of post-study work visaLength of time to stay in the country
UKGraduate visa2 years
USAPost-completion Optional Practical Training (OPT)1 year
CanadaPost-graduation work permit (PGWP)3 years
New ZealandPost-study work visa3 years
AustraliaTemporary Graduate visa2 years
IrelandThird level graduate programme2 years

Data updated as of February 2024

Job opportunities for data science graduates abroad

Job roleAnnual salary (in USD)
Data analyst$95,000
Data engineer$100,000
Data scientist$110,000
Financial analyst$90,000

Data updated as of February 2024

(The above salary ranges are approximate values taken from various sources.

Sources: LinkedIn and Google)

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  • Finding the ideal study abroad programs
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Best master’s in data science programs in 2024: Your questions answered!

At Edvoy, we pride ourselves on simplifying the study-abroad process for students. If choosing a master’s in data science is your choice, you have plenty of options!

To assist you in your study abroad journey, we’ve collated answers to commonly asked questions about the best master's in data science programs in 2024. Find your answers below!

Which master's degree is best for data science?

Data science master’s programs covering subjects in data analysis, data science, computer science and mathematics are good choices for students wanting to pursue careers in data science. These courses are available as Master of Science (MS or MSc) and postgraduate diploma programs for learners around the globe.

Is it worth it to do a master’s in data science?

Absolutely! Studying for a master’s in data science opens multiple opportunities for international students. Graduates with an MS in data science can pursue careers as data analysts, data engineers, data scientists, and financial analysts, among other job profiles.

After graduation, students can apply for permanent residency (PR) through their employer or organisation. You can check the country’s government website to know more. 

Which institute is best for data science in the world?

Here are some of the best universities for data science in the world.

Which is the best program for data science?

Here are some of the best master's in data science programs in 2024.

Which is better: MS in data science or MBA?

An MS in data science gives learners the skills and knowledge in technical areas such as artificial intelligence, machine learning and big data. 

On the other hand, an MBA is a professional degree in managing business and data analysis. From covering aspects of business management to delving into the concepts of analytics, these courses offer a blend of conceptual learning and hands-on experience. 

Unsure about which course to choose?
Get free expert guidance and shortlist courses with ease

Which stream is best for data scientists?

Mathematics, computer science, engineering, or related fields are the best-suited streams for students wanting to study data science master’s programs. 

Can I master data science in 1 year?

You can learn the basics of data science in less than a year, and there are many MS in data science programs that are 1 year long. However, please note that you will only get better at data science with study and work experience. 

What are the top 50 universities for MS in data science programs?

Edvoy has partnered with many universities to provide you with the best education. You can check out 100+ master’s in data science courses

Why do Indian students prefer to study data science abroad?

Studying data science abroad has multiple advantages. Here are some:

  • Studying data science abroad provides access to top-notch faculty, advanced facilities and technologies, ensuring a comprehensive learning experience.
  • Students can be part of a global academic community that encourages research and entrepreneurship, providing international exposure.
  • Many universities abroad have close ties with industry leaders and offer internships and networking events. It enables students to gain practical experience, connect with industry professionals, and increase their chances of securing internships and full-time job roles.
  • Students can get post-study work visas that help them stay in the country after graduation for a specific time and look out for job opportunities. Upon graduation, students can also apply for permanent residency (PR) through their employer or organisation.
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