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Aston Business School Business Analytics MSc Overview

20/10/2023

NA

Avg. GMAT

NA

Work Experience

£36K

Avg. Cost of Study

12

Months Duration 

NA

Avg. Salary

Summary

Introduction to Aston Business School Business Analytics MSc

From data mining and web analytics to business analytics in practise, their MSc Business Analytics will give you a comprehensive understanding of key areas of business analytics and develop your skills to meet the high demand from employers.

Attracting students from all over the world, this course is a great opportunity to mix with people from different cultures and with diverse backgrounds. You’ll enhance your communication, teamwork and management skills, whilst building a network of international contacts. It will also help you to appreciate the various approaches to people management in a multicultural context.

Why Study Aston Business School Business Analytics MSc?

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FT Rankings

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US News

90

QS Ranking

They will develop your quantitative skills to identify trends and gain insights from complex data. You’ll also develop a clear understanding of the three types of data analytics – descriptive, predictive and prescriptive, and how to accurately analyse and visualise information as well as work with analytical tools.

All of this means you will become highly skilled at providing information to business leaders, improving commercial decision-making and business performance.

You’ll also study The Aston Global Advantage module which focuses on professional development and employability, helping you to apply the key skills that you will gain throughout the year.

During The Aston Global Advantage you’ll also have the opportunity to study abroad with one of our international partners, undertake an internship placement in the UK or overseas or get involved in a global business challenge simulation.

Practical experience

They focus on the practical application of analytics in a business context, so you’ll discover what method, technique and tools can be used to solve specific commercial problems in the most effective way.

Many roles in business analytics are based in consultancies, so we will develop skills to help you excel in a consultancy environment, from working in a consultative role to understanding what good and bad consulting practice looks like.

As well as lectures and seminars, there are lab sessions where you’ll work with advanced software packages to develop your abilities to analyse data and practice using a range of analytical tools. You’ll also learn from leading academics who have carried out detailed research in this field and can give you a deeper understanding of data analytics concepts, what it’s like to be a business analytics practitioner and learn about their industry experience.

The business analytics staff teach and research in the field of quantitative analysis for better decision-making. One of the key areas for which the team has a world-wide reputation is that of efficiency through Data Envelopment Analysis (DEA). The team are also well known for their work in data mining, big data and forecasting. 

Program Costs + Living Expenses : Aston Business School Business Analytics MSc

£22,270

Avg. Cost of Tuition

+ 

£14,000

Avg. Living Cost/Quarter

36,270

Avg. Cost of Study

On average, students in the MS in Business Analytics program at WPI can expect to spend between 14,000 euros per year on living expenses. This includes the cost of housing, food, transportation, and other miscellaneous expenses.

Here is a breakdown of some of the typical living expenses for students in the MS in Business Analytics program at WPI:

  • Housing: 7,000 – 10,000 euros per year
  • Food: 2,000 – 3,000 euros per year
  • Transportation: 500 – 1,000 euros per year
  • Books and supplies: 500 – 1,000 euros per year
  • Other expenses: 1,000 – 2,000 euros per year

Employement Prospects : Aston Business School Business Analytics MSc

    Most Sought-after Jobs

  • Data analyst
  • Business analyst
  • Machine learning engineer
  • Data architect
  • Statistician
  • Financial analyst
  • Market research analyst
  • Management consultant
  • Operations research analyst

Aston University believes that a work placement taken as part of your master’s program can be hugely beneficial to your career prospects. It will enhance your CV and give you a competitive advantage when applying for graduate roles.

As part of this course, you will have the opportunity to undertake a work placement for one month to 12 months at a company of your choice, in the UK or overseas. You will apply what you have learned on a daily basis and develop a deeper understanding of your subject area.

Aston University students have been successful in gaining work placements in a wide variety of business sectors, both in the UK and internationally. You will also have the unique opportunity to support start-up businesses and local SMEs with real-life business projects through the Aston Business Clinic. You can work to solve strategic problems and make a real positive impact on growing businesses.

The award-winning Aston University careers team will be on hand to help you find work placements and graduate positions. The team is also available to assist you with your CV and interview technique. 

Eligibility Criteria for Aston Business School Business Analytics MSc

  • A good UK honours degree, minimum Lower Second Class (2:2)
  • Equivalent overseas degree recognised by Aston University.

Subject-specific requirements

Applicants are also required to have taken the following quantitative modules at bachelor’s level, achieving a minimum of 60%:

  • Mathematics 
  • Statistics 
  • Economics (micro / macro)
  • Finance 
  • Computer Science 
  • Any other quantitative disciplines 

As well as:

  • Two professional references – at least one must be from an academic referee
  • An official academic transcript of your university grades to date
  • A completed application form. 

Documents required : Aston Business School Business Analytics MSc

  • An official academic transcript, with an official English translation, of your university grades to date.
     
  • Students whose native language is not English will also need to satisfy our English language requirements. Pre-sessional English language programmes are available for good applicants whose English qualification falls just short of these requirements.
     
  • Postgraduate masters students enrolling to Aston Business School with a 5.5 in one of the four IELTS sections will be required to engage with English language tuition as part of our professional development programme, The Aston Global Advantage. There will be no extra cost to the student.
     
  • Aston University provides a range of opportunities for international students to join our community and study on our campus. A key part of our strategy is our relationships with teaching partners, providing multiple pathways to Aston. 
     
  • For more information about qualifications, view Aston in your country webpage.
     
  • For more information about completing a foundation year, visit foundation year webpage.

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Scholarships Available : Aston Business School Business Analytics MSc

  • The Business School offers scholarships to admitted students based on merit.
  • Scholarships range from $1,000 to $4,000.
  • The Dean’s Fellowship is a one-time $20,000 award to be used toward tuition in your first year of study.
  • There is no additional application for scholarship consideration. Simply select yes when asked on the application if you wish to be considered for a scholarship.

Curriculum Offered

Core Modules

Descriptive Analytics

We will introduce you to visualisation techniques used to display and summarise information. You will look at descriptive statistics that can be used to extract meaningful information from data. This module will give you the skills and practise in using appropriate statistical techniques when completing business reports and communicating data analysis to the organisation management team.

Effective Management Consultancy

This module will help you to understand different approaches to consulting projects. You’ll explore what is good and what is bad consulting practise. It will also prepare to you to carry out successful consulting projects within organisations either as an external consultant or as a line manager given a one-off problem-solving task.

Decision Models

This module will focus on turning real-world problems into mathematical and spreadsheet models and examine how you can use models to help rational decision making in organisations. You’ll develop a deep knowledge and understanding of the main modelling concepts and you will be able to quickly identify problems and situations in business where the use of those models can be beneficial.

Data Mining and Web Analytics

We will explore data mining techniques and their use in business decision making. You will also learn how to uncover patterns and trends hidden in data.

Software Analytics

This module aims to teach you the programming skills required to carry out advanced data analysis on large datasets such as those found in many Big Data applications. These skills are now commonly expected by organisations seeking to employ data analysts, and the module aims to address this demand.

Ethics in Academic Practice

This module provides an introduction to the Academic Offence framework. By completing the resources you will understand the key principles underpinning the submission of academic assignments. These principles can then be applied to the rest of the modules studied at the university.

The Aston Global Advantage

The Aston Global Advantage is our professional development programme that runs throughout all MSc programmes at Aston Business School. Focusing on professional development and employability, this integrated module gives you the opportunity to identify, develop and apply the key transferrable skills you will gain throughout the year. 

Business Project or Dissertation

The Business Project/Dissertation is a chance for you to carry out an original piece of work applying material that you have learnt in the taught element of your degree. Specific requirements will be explained relating to different degree programmes but in summary you must demonstrate both theoretical and practical knowledge of your chosen area of specialism. 

Optional Modules

Note: Availability of any optional modules will be subject to staff availability and a minimum number of students who express an interest in studying the optional modules.

Business Analytics in Practice

You will be introduced to predictive business analytics techniques. We will explore advanced statistical methods, marketing models and financial analytics. This will help you carry out advanced data analysis and enhance your overall understanding of business analytics techniques as well as how they can improve the decision-making process.

Digital Advertising 

The module will examine recent developments in digital marketing and the impact of digitalisation on marketing practices. On completing the module, the students will develop a critical understanding of key digital advertising technologies and acquire the knowledge and skills necessary to appraise digital practice and devise an integrated digital advertising campaign across different digital communication channels.
 

Big Data for Decision Making

This module will equip you with the skills needed to successfully handle and analyse big data with the aim of supporting the organisation decision making process.

Advanced Spreadsheets and Databases

This module will equip you with knowledge skills and techniques that will enable you to make efficient and effective use of spreadsheets and databases in your daily work. If you are want to undertake further academic work the module will also enable you to use spreadsheets and databases to support your research.

Simulation for Managerial Decision Making

This module aims to combine the challenge of learning the theory of simulation modelling, with collecting data in an external organisation using simulation modelling software and group work to meet a deadline for the presentation of results. This skillset is useful as simulation is used in many organisations and consultancy units to provide descriptive predictive and prescriptive analytics.

Service Operation Management 

The module aims to enhance understanding of service operations and ability to manage in the context of a service economy. The module will cover a range of topics that will allow analysis and design of service operations in various contexts. This will include understanding the classic service operations concepts, academic debates in service management and the impacts of contemporary issues on service operations. Topics addressed will include: the role of customers and co-creation in service operations; methods, tools and techniques for service design; management of people to create and deliver value; management and improvement of service processes; location and layout design decisions related to the places in which services are delivered; the role of technology on service innovation and disruption.

Performance Analytics

You will understand how mathematical and econometric methods can be used to model diverse transformation processes to establish benchmarks of efficiency and productivity for organisations, and how to carry out a benchmarking exercise using such methods. You will gain valuable hands-on experience of implementing an efficiency and productivity assessment using specialised software.

Blockchain and FinTech 

The module introduces Fintech with respect to block chain applications in financial markets. It focuses on providing a clear understanding of how blockchain technology works. It will explore the impact of block chain technologies on various industries and its value propositions. The module will provide theoretical and practical knowledge of various cryptocurrencies including bitcoins along with exploring its challenges within the regulatory environment. 

FAQs About Business Analytics MSc

They typically review applications within 24 to 48 hours.

Yes, masters students can live in the University’s halls. Find out more about our accommodation.

There is no specific word count for your personal statement, but between 250 and 500 words would be sufficient.

Scholarships awarded by Aston are discounted from your tuition fees.

Overall, you will be required to attend 4 days per week throughout the academic year. In addition, to lecturers and workshops, our masters courses also require a significant amount of self-study, which is common for masters study.

Application Process & timeline

We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks

Step 1

GMAT / GRE Score

2-3 months.

If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average. 

Step 2

Profile Evaluation

 1-2 weeks.

Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile

Step 3

Application Prep

3-4 weeks at least. 

Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.

Step 4

Interview Prep

1 week

School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.

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