The Master's Programme in Business Analytics is a modern multi-disciplinary engineering programme that is designed to provide graduates with a wide variety of hands-on business analytics skills that are extremely sought-after in the industry today.
Students finishing the programme successfully will be in high demand and have access to interesting positions in business and industry.
The programme focuses on transferring both theoretical knowledge and technical skills in relevant business analytics methods, including data analytics, modelling, simulation, and multiple-criteria decision-making methods, and practical know-how on the use of the methods on real-world data in a real-world business or industrial context. The software and tools applied during the course are standard in the industry.
The programme merges studies in industrial management, corporate finance, software engineering, and applied mathematics in a unique way, providing a very powerful combination of knowledge. Some courses are organised in association with companies to ensure industry relevance and the use of realistic problems and fresh data.
We welcome ambitious students with appropriate background, who are ready to work hard – in return, we offer the tools and know-how to become leading makers of the future in business and industry.
Intended learning outcomes
After completing the programme, you will be familiar with a wide range of business analytics methods and be able to model and solve data-based business and industrial problems independently.
You will be able to:
- describe and use a wide variety of business analytics methods in a business or an industry context
- understand how business analytics can be used in business development and in developing industrial processes
- learn to use and to apply a selection of modern business analytics tools and software to solving real-world problems with real-world data
- demonstrate hands-on skills in applying business analytics to real-world business and industrial problems
- conduct an independent scientific research project, and report on and present it professionally
Degree structure and studies
The Master's programme in Business Analytics is a two-year study programme. It leads to the degree of Master of Technology, M. Sc. (Tech.), which is 120 ECTS credits.
The programme includes core and specialisation studies in business analytics and minor studies in practical business and industry analytics.
Core studies (19 ECTS credits) include courses on the background, basics, and tools of business analytics and business development, such as information systems in corporate management and decision-making and data bases in business analytics.
Specialisation studies (77 ECTS credits) include courses on topics such as business analysis basics, systems dynamic modelling and simulation analysis, logistics and scheduling analysis, fuzzy data analysis, fuzzy sets and fuzzy logic, financial econometrics and advanced decision-making methods.
Minor studies (24 ECTS credits) include practical business and industry analytics with modern BA tools and their practical application to real-world business problems with real-world data. Courses on topics such as big data in business and industry, machine learning, intelligent systems in business analysis, data mining, marketing analysis, data visualisation and pattern recognition.
The Master's thesis and seminar, 30 ECTS credits, is a part of the specialisation studies. The thesis is a research project which requires approximately six months of full-time work. It is completed during the fourth semester of the degree programme.
As a programme graduate, you will be a perfect fit for the business development and business analytics teams of global corporations and SMEs.
Hands-on skills in business analytics are in very high demand globally – there is a great shortage of business analytics professionals on the market.
The programme is practical and career-oriented and gives you a unique multi-disciplinary education in technology and business, which is highly valued in the corporate world and industry.
You will be prepared for a career in business analytics and analytical business development, whether as an analytics professional in an industrial or a service company or as a consultant. Entrepreneurship is also a realistic possibility with the pragmatic skill set you will acquire.
This school offers programs in:
Last updated November 21, 2017