Master's specialisation in Business Analysis and Modelling
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.
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.
Our research in this field
- 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.