Businesses are increasingly collecting large amounts of information about their customers and activities. This ‘big data’ is big news with the media, businesses and government as they consider how to use this mass of information in a meaningful way.
Analysts use their expertise to make sense of this information and interpret it, enabling evidence-based business decisions. As a result, they’re in high demand with employers in every sector.
This programme gives you an insight into business analytics and explores how organisations can exploit the big data revolution. You’ll develop decision-oriented, quantitative analytical skills in a management context, and learn to sift intelligence from the growing volume and variety of data collected on many aspects of life.
Combining theoretical concepts with practical application, you’ll develop a unique mix of quantitative and behavioural skills relevant to data analyses, effective decision-making and management.
You’ll be taught by internationally recognised academics and business practitioners from our Centre for Decision Research, who are actively engaged in the latest research, advising businesses, governments and international bodies. They share this expertise and knowledge with you in the classroom.
With the Leeds Institute for Data Analytics on campus, the University of Leeds has a growing wealth of expertise and resources in data sciences.
This programme will build your knowledge and understanding of how business analytics can provide evidence to support management decision-making. You’ll learn how to use different evidence-based approaches to make effective decisions, developing your skills in quantitative analysis.
You’ll consider advanced techniques such as forecasting and have the opportunity to apply your decision-making skills to real-life business and management scenarios. With the support of leading researchers in this constantly shifting landscape, you’ll also gain an understanding of research methods.
A range of optional modules allows you to gain specialist knowledge that suits your interests or career plans.
The course culminates in a 12,000 word dissertation or project, enabling you to apply your learning to a topic of your choice. This is an opportunity to explore the very latest insights with the support of an academic who shares your passion and interest.
You’ll take eight compulsory modules including your dissertation.
You'll also choose another three optional modules.
We use a variety of teaching and learning methods to help you make the most of your studies. These will include lectures, seminars, workshops, online learning, computer classes and tutorials.
Independent study is also vital for this course allowing you to prepare for taught classes and sharpen your own research and critical skills.
Assessment methods emphasise not just knowledge, but essential skills development too. You’ll be assessed using a range of techniques including exams, group projects, written assignments and essays, in-course assessment, group and individual presentations and reports.
Graduates of the MSc Business Analytics and Decision Sciences can expect to have the quantitative skills to analyse complex business information, and use the resulting intelligence to inform business decisions.
You will be ideally placed to pursue a career in analytics and decision making, general and specialist management roles in a range of industries, or as business or market analysts.
Employers in both private and public sectors are actively seeking graduates with these skills, and trends show that the career opportunities are fast increasing. The role of the data scientist was described as the 'Sexiest Job of the 21st Century' by the Harvard Business Review.
Demand for experts in business analytics is growing rapidly and the University of Leeds is at the forefront of developments in this area.
Read more about Business Analytics at Leeds.
Links with industry
Students have the opportunity to develop leadership skills as part of our Leaders in Residence initiative which gives management students the opportunity to engage with senior figures from the world of business. This is a rare opportunity where successful and established business people will help you connect the theory of your course to real world practice, and offer their advice for career success.
You will be able to connect with leaders from a range of firms including major manufacturers and retailers, charity chief executives, entrepreneurs and directors of companies large and small, through structured meetings and events. This typically includes workshops, social events, guest lectures and professional skills development.
We help you to achieve your career ambitions by providing professional development support as part of the course. You benefit from our professional development tutor, who will work with you to develop the important professional skills that employers value.
Read more about our careers and professional development support.
The Careers Centre also provides a range of help and advice to help you plan your career and make well-informed decisions along the way, even after you graduate.
Organisations across the world are looking to gain a sustainable competitive edge in an increasingly difficult environment. The smarter organisations are using business analysis to make better decisions and deliver business performance and improvement.
That means more than just collecting and routinely processing large amounts of business data. It means applying sophisticated quantitative techniques to help with decisions, particularly at the strategic levels.
This distance learning course focuses on applying advanced analytical methods to business problems to help managers make better decisions.
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.
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 will guide and support discussion via discussion forums.
The programme contains three stages. In progressing towards completion of the MSc students will undertake the following:
Postgraduate Certificate in Business Analysis & Consulting
This includes five compulsory classes and one elective class all of which can be completed fully online.
One optional class chosen from:
Postgraduate Diploma in Business Analysis & Consulting
After completion of the Postgraduate certificate two further elective classes and one compulsory class are required to be undertaken.
Two elective classes chosen from same list as for the Postgraduate Certificate.
If you wish to proceed to the Postgraduate Diploma you need to be in appropriate employment. The final decision as to what is "appropriate employment" remains with the University of Strathclyde. However, if your employment covers all of the following, you're likely to be in the correct type of post:
Your employment should require some analysis of business situations, in the private or public sector. Samples of your work will form the basis of reflection and learning projects, guided by a personal mentor.
MSc in Business Analysis & Consulting
Students who complete the Diploma and gain sufficient marks to proceed to the MSc will be expected to undertake a project. The project will be integrated with your employment. You'll have individual personal mentoring to guide you in reflection and learning.
To undertake this course you need to have:
NB: Some of the course software is Windows-only and will not run under Linux or on Macintosh computers so use of a PC or PC-emulation software is essential if these operating systems are used.
You can start the Certificate programme in October or April. The Diploma course usually runs between September and May, though there is some flexibility with this. It's followed by the project which has a flexible timetable.
Normally, a student should be able to complete the MSc programme in around two and a half years. Please contact us if you need advice about the best start date for you.
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.
Each module includes two pieces of assessment. Around half of these will be assignments and the other half will be by examination at local centres.
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.
This course explores recent developments in theories of behavioural decision-making science. It will enable you to critically examine theories of judgement and decision-making motivated by research in memory, perception, categorisation, reasoning, social psychology, economics, political and management sciences. The career-focused modules are designed to build on your workplace skills and develop new skills.
You will cover recent developments in normative, descriptive and experience-based theories of choice, as well as the impact of experience and expertise on judgements and choice. You will be introduced to applications of judgement and decision-making research in areas such as consumer behaviour, politics, sports, economics and health, providing a firm basis in both the theory and practice of cognitive science and decision-making. You will also explore a selection of current research topics relevant to individual and managerial decision-making, wellbeing and policy-making.
Assessment methods include essays, in-class tests, unseen examinations, laboratory reports and a dissertation.
Please note that this is an indicative list of modules and is not intended as a definitive list.
Optional modules to be confirmed.
The Master's specialisation in Business Analysis and Modelling focuses on two aspects of managerial decision making:
1. The individual and social biases and heuristics leading to suboptimal or even low quality decisions.
2. Interventions aiming at improving managerial decision making (group decision support).
This specialisation shares the application of formal methods and modelling with the Operations Research and Management Science departments of other economic and business administration programmes . However, consistent with the Nijmegen research profile, it looks at (strategic) decision making from the point of view of the ‘Responsible Organisation,' focusing not only on the analytical aspect, but also on the social aspects of decision making.
Students will be trained both in analysing complex problems as well as facilitation skills needed to intervene effectively in decision making processes.
See the website http://www.ru.nl/masters/bam
For the Master's programme Business Administration, the admission requirements for students with a non-Dutch diploma are:
- An academic Bachelor's degree in Business Administration
- English language proficiency
Most of the students in the BAM specialisation and in the two-year European Masters in System Dynamics (of which BAM is the Nijmegen component) will find jobs at advisory bureaus or the strategic planning departments of large companies.
- Theory and action-based learning
This programme is closely associated with the research carried out within the Institute of Management Research, where the focus is on research into relationship management, institutional dynamics, decision making and innovative management. You will become familiar with both the theoretical and practical aspects of your special subject. The programme combines a thorough training in methodology with action-based learning: you apply the theory you have learned to concrete cases and learn to develop appropriate solutions. And, in our Visa Skills Lab, students use computers to make scenario analyses and simulate decision-making processes within organisations.
- Truly international
The education and research training we provide are internationally oriented. Our students have the opportunity to take part in a Master’s level project on European Human Resource Management, a cooperative venture among six leading European business schools and universities. Here, students work in a multi-cultural team and follow a consultancy in-company project in one of the six countries involved.
See the website http://www.ru.nl/masters/bam