Business Analytics provides a set of analytical methods for solving problems and aiding decision-making, particularly in the context of large quantities of data. It involves the development and application of models and concepts to explore management issues and solve managerial problems. It includes Data Science, Management Science and Operational Research. Many different organisations use the principles and practice of Analytics.
Available in one-year full-time and two-year part-time formats, this programme is suitable for graduates from technical disciplines such as Engineering, Computer Science and Mathematics with a talent for and interest in finding mathematical or computer solutions to business problems. It is also suitable for business graduates who have studied Management Information Systems (MIS) subjects. The student profile also includes people with practical experience, who often use the programme to re-direct their career.
The mix of full and part-time students from different backgrounds, working together on projects, makes the interaction between students an important and worthwhile part of the learning experience.
Students considering the part-time option should be aware that it requires class attendance and some group work during the working day, so employer support is essential to undertake the part-time option.
What will I learn?
This technically-oriented course hones quantitative and computer techniques to assist students in exploring management issues and supporting decision-making within a business context.
1. Exposure to and practice of the latest cutting-edge qualitative and quantitative analysis techniques used in the fast-growing field of analytics as applied in business
2. Development of the necessary computer software skills and an understanding of the theory and practice of applied information systems, as required in consultancy and business
3. The ability to develop new software solutions and implement mathematical and quantitative techniques in order to make effective business decisions and boost performance
How will I benefit?
Students will not only be provided with vital business analysis tools but also given the chance to apply them by engaging with leading companies over the duration of the course, raising their employability in the eyes of recruiters.
1.Access to current research into all aspects of analytics, data science, decision-making and management science, including Descriptive/Predictive/Prescriptive analytics, Project Management, Simulation, Multi-criteria Decision Making and Spatial Decision Support Systems.
2.A thorough grounding in a science employed within a wide range of organisations and industries, including banks, management consultancies, the public sector and the engineering industry.
3.Successful completion of the course has seen many graduates go on to work for such companies as Accenture, Goldman Sachs, IBM and Intel.
4.Prestige: the UCD Smurfit MSc in Business Analytics has been ranked #13 in the world by QS University Rankings.
Students complete 6 core modules and 6 option modules (or 4 option modules + Capstone project). Options listed below are indicative and are offered subject to faculty availability.
Students take 4 core modules in the autumn trimester and 2 core and 2 options in the spring trimester. In the summer trimester students can complete the Capstone project and 2 option modules OR take all 4 option modules. Students will need to meet certain criteria to be eligible for the Capstone module.