Hi there,
Yes you can install MDS on Windows server 2012 and above. This issue occurs because the Data Quality Services (DQS) feature is not removed from the list of features that Server Core operating systems do not support.
This article covers how to install Master Data Services on a Windows Server 2012 R2 machine, set up the MDS database and website, and deploy the sample models and data. Master Data Services (MDS) enables your organization to manage a trusted version of data.
Master Data Services Installation and Configuration
I hope this information helps. If you have any questions please let me know and I will be glad to help you out.
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