The Master’s Program in Business Analytics is a modern multi-disciplinary engineering program 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 program successfully will be in high demand and have access to interesting positions in business and industry.
The program focuses on transferring both theoretical knowledge and technical skills in relevant business analytics methods, including data analytics, modeling, 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 program 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 organized 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.
Degree: Master of Science in Technology Extent of studies: 120 credits Duration: 2 academic years Studies begin: September Language of instruction English
After completing the program, 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
The program includes core and specialization 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.
Specialization studies (77 ECTS credits) include courses on topics such as business analysis basics, systems dynamic modeling 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 visualization and pattern recognition.
The Master’s thesis and seminar, 30 ECTS credits, is a part of the specialization 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 program.
As a program 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 program 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.
GMAT/ GRE minimum scores
Applicants for this program need to submit one of the following test results with the required minimum scores:
Total score 550
(2) GRE General:
Verbal Reasoning 152
Quantitative Reasoning 152
Analytical Writing 3.0
For more information of required documents, please go to the university page.