Why this course?
The programme gives you practical skills to provide model-based support to managers.
You’ll develop an understanding of key quantitative business analysis methods. You’ll also be introduced to business models used to support the development of strategy for organisations and to help them to monitor and measure strategic processes.
You’ll also develop key consulting skills to effectively support management.
Compulsory modules include Foundations of Operational Research & Business Analysis, Quantitative Business Analysis and Managing Business Operations.
You'll also choose three optional modules from a range including Business Simulation Methods, Risk Analysis & Management and Business Information Systems.
MSc students undertake a three-month project, typically for an external organisation. This gives you the opportunity to apply the concepts and theories you've studied on the course.
The apprenticeship scheme forms a vital component of this course. Many of our students spend an invaluable three weeks in January embedded in the analytical function of their host organisation.
Last year, more than 35 selected students worked with over 25 different organisations based all over the UK, including Capita, Department of Health and Tesco Bank.
The scheme has a highly competitive selection process, where the students with the strongest generic skills and academic capabilities are chosen for external placements.
In addition, many MSc projects are carried out for an external organisation. Students spend the three months from July to September working on a project of importance to their clients. The aim is to gain direct experience in applying the concepts and theories studied on the course.
Project clients include many major concerns, in fields ranging from aerospace to whisky distilling.
Project: Becoming an Effective Business Analyst
This takes place over both semesters and also involves the ‘apprenticeship scheme’. Every year, case studies and challenging projects are presented to the students by various organisations such as Accenture, British Airways, RBS and Simul8, to name a few from last year.
The course can be done through distance learning. All classes are taught using material presented via the internet so you can study when it suits you. Classes are supported by faculty members who also teach on the full-time course. They will guide and support discussion via discussion forums. This is a flexible degree and duration can vary.
Minimum durations are:
- PgCert: 13 months
- PgDip: 20 months
- MSc: 26 months
Every year, the best full-time MSc mark in the ‘Becoming an Effective Business Analyst’ module is recognised by the DSTL Prize. The prize involves a formal recognition by the department and an award of £100, which is kindly provided by the Defence Science and Technology Laboratory.
- Foundations of Research & Business Analysis
- Quantitative Business Analysis
- Managing Business Operations
- Spreadsheet Modelling & Demand Forecasting
- Strategy Modelling & Management
- Becoming an Effective Business Analyst
- Business Simulation Methods
- Risk Analysis & Management
- Business Information Systems
- Performance Measurement & Management
- Business Analytics
Learning & teaching
The course can be done through distance learning.
All classes are taught using material presented via the internet. Classes are supported by faculty members who also teach on the full-time course. They'll guide and support discussion via forums.
Every module has its own methods of assessment appropriate to the nature of the material; these include written assignments, exams, practical team projects, presentations and individual projects.
Many modules involve more than one method of assessment.
- second-class Honours degree, or equivalent, in business, economics, engineering or the social sciences
- applications from those with other degrees are also encouraged
- minimum of a pass degree, or equivalent, in an appropriate subject
- subject to performance, students may transfer from the diploma course to the MSc
Do I need to know lots of mathematics or statistics to join the course?
The Business Analysis & Consulting course is designed to take students with a wide variety of first degrees. Although some quantitative analytical tools are taught and used during the course, only basic mathematical knowledge is necessary before starting the course. Many students in this course have first degrees in business, economics, engineering and the social sciences. However, we have students from other backgrounds as well.
Expected mathematical knowledge
- Ability to use a scientific calculator - capable of using and understanding functions such as exp, log, x^y on a calculator.
- Algebraic notation and manipulation; subscripts; simple results - you should feel comfortable manipulating equations and working with subscript notation. You should be able to solve a quadratic equation, such as x2 + 2x + 1 = 0
- Logs and exponentials - you should have a general understanding of the use of logs and exponentials. You also need the ability to carry out logarithmic transformations and an understanding of the logarithmic and exponential laws of summation, division etc.
- Graphs of simple functions - you need the ability to draw and interpret graphs of simple linear and non-linear mathematical functions.
- Differentiation (including differentiation of a product). The idea of a differential equation - you should have an understanding of when differentiation is used. Also the ability to carry out differentiation on different functions, including functions that include the product of two variables. A basic understanding of how to solve equations that involve one or more derivatives is required.
- An understanding of what integration is. Integration of polynomials and ex; integration by parts - you should have an understanding of when the use of integration is appropriate and the ability to carry out the integration of functions that contain variables with nonnegative integer powers.
- Finite sums. Infinite sums of xi and xi /i! - Ability to carry out sums of arithmetic and geometric series. Ability to sum infinite series of elements that have the form Σxi or Σxi/i!, where, for example, i = 1 to ∞
- Simple manipulation of vectors and matrices - you need the ability to carry out simple manipulation, such as addition, subtraction and multiplication of vectors and matrices.
English language requirements
If you’re a national of an English speaking country recognized by UK Border Agency (please check most up-to-date list) or you’ve successfully completed an academic qualification (at least equivalent to a UK bachelor's degree) in any of these countries, then you do not need to present any additional evidence. For others, the department requires a minimum overall IELTS score of 6.5 (with no individual component below 5.5 (or equivalent)). Pre-sessional courses in English are available.
If you are from a country not recognised as an English speaking country by the United Kingdom Border Agency (UKBA), please check English requirements before making your application.
Pre-Masters preparation course
The Pre-Masters Programme is a preparation course for international students (non EU/UK) who do not meet the entry requirements for a Masters degree at the University of Strathclyde. The Pre-Masters programme provides progression to a number of degree options.
Fees & funding
How much will my course cost?
All fees quoted are for full-time courses and per academic year unless stated otherwise.
2015/16 - £9,000 (full-time)
2015/16 - £4,500 (part-time)
- Rest of UK
2015/16 - £9,000 (full-time)
2015/16 - £4,500 (part-time)
2015/16 - £15,000 (full-time)
2015/16 - £7,500 (part-time)
The skills you’ll learn on the MSc make you very marketable to potential employers.
We’ve very good links with business and have hosted recruitment events for many companies, including Barclays Wealth, British Airways, Deloitte, Morgan Stanley, Rolls Royce, Sopra and SIMUL8, to name a few.
Where are they now?*
Job titles include:
- Business Intelligence Analyst
- Business Process Analyst
- Chartered Accountant
- Data Analyst
- Knowledge Exchange Assistant
- Management Consulting Associate
- Marketing Analyst
- Operational Research Consultant
- Trading Insight Analyst
- Black Rock
- British Airways
- Kraft Foods
- Royal Bank of Scotland
- Standard Life
Based on the results of the national Destinations of Leavers from Higher Education Survey*.
This school offers programs in:
Last updated November 8, 2015