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Master in Business Analytics (MSc) - LUT (Lappeenranta)
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MASTERS

Master in Business Analytics (MSc) - LUT (Lappeenranta)

LUT University (Lappeenranta)
Lappeenranta, Finland
On campus
Full-time
Free
Duration
2 Years
Language
English
Apply date
May 2023
Start date
Aug 2023

Program Description

From this master in Business Analytics (MSc) you will graduate with high demand and have access to interesting positions in business and industry.

Your studies in this master in Business Analytics (MSc) will focus on theoretical knowledge and technical skills in relevant business analytics methods, including data analytics, modelling, simulation, and multiple-criteria decision-making and evaluation methods and their practical use on real-world data in a real-world business or industry context. The software and tools applied during the course are standard in the industry.

The need for analytics is growing due to the abundance of data available. Business analytics includes quantitative and statistical analysis, machine learning, multivariate testing, predictive modelling, and multiple-criteria evaluation and decision support. It uses data to evaluate past performances and to draw up plans for the future.

In business analytics, we examine data through operational and statistical analysis, optimisation techniques, and the formation of predictive models. We communicate the results to business partners, customers, etc., in the most suitable way for the given task.

Business analytics leverages evidence-based data analysis and quantitative methods for decision-making and business modelling. It also utilises expert knowledge and qualitative data through soft computing methods to build models that are representative enough of the studied systems and their context. We aim with this master in Business Analytics (MSc) to provide business intelligence, insights into business and industry processes, and advanced managerial decision support.

Entry Requirements

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Curriculum

Core Studies

Background, basics, and tools of business analytics and business development

Information systems in corporate management and decision-making

Business ethics

Data analytics

Simulation and system dynamics in business analytics and business process modeling

Advanced Specialisation Studies

Real options and managerial decision-making

The basics of business analysis

Marketing Analytics

Big data analytics

Advanced decision-making methods

Thesis

Master's Thesis

Jobs - Careers

  • Business development and business analytics teams
  • Analytical business development
  • Analytics professional in an industrial or service company
  • Consultant
  • Entrepreneurship
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