Business Analytics and Operations Research at Tilburg University

21/10/2023

NA

GMAT

NA

Age

€35K

Avg. Cost of Study

12

Months Duration 

€40K

Avg. Salary

Summary

Introduction to Business Analytics and Operations Research at Tilburg University

Business Analytics and Operations Research is a one-year Master’s program that combines the fields of business, mathematics, and statistics to solve complex business problems. The program teaches you how to apply descriptive, predictive, and prescriptive analytics to generate valuable insights that can improve business decision-making.

The program covers a wide range of topics, including:

  • Data mining and machine learning
  • Optimization modeling
  • Statistical inference
  • Inventory management
  • Supply chain management
  • Transportation planning
  • Risk management

The program also includes a strong focus on practical applications. You will learn how to use real-world data to solve problems in a variety of industries, such as logistics, manufacturing, healthcare, and finance.

Why Study Business Analytics and Operations Research at Tilburg University?

NA

FT Rankings

NA

US News

97

QS Ranking

There are several reasons why you should consider studying Business Analytics and Operations Research at Tilburg University:

  • Renowned program: Tilburg University’s Business Analytics and Operations Research program is ranked #27 in the world by US News Best Global Universities, and #44 in the world by QS World University Rankings. This ranking reflects the program’s high quality of education and its strong reputation in the field.
  • Strong focus on practice: The program emphasizes real-world applications of business analytics and operations research. Students have the opportunity to work on projects with industry partners, and they are also required to complete a capstone project in their final semester.
  • Internationally oriented: Tilburg University is a highly international university, with students and faculty from all over the world. This gives students the opportunity to learn from and collaborate with people from different cultures and backgrounds.
  • Excellent career prospects: Business analytics and operations research are in high demand in a variety of industries, including finance, healthcare, logistics, and manufacturing. Graduates of Tilburg University’s program are well-prepared for successful careers in these fields.

Program Costs + Living Expenses: Business Analytics and Operations Research at Tilburg University

€19,800

Avg. Cost of Tuition

+ 

€15,600

Avg. Living Cost/Monthly

35,400

Avg. Cost of Study

Living expenses in Tilburg vary depending on your lifestyle and spending habits, but you can expect to spend around €1,000-€1,500 per month on rent, food, transportation, and other living expenses.

Here is a breakdown of some of the typical living expenses in Tilburg:

  • Rent: €500-€800 per month
  • Food: €200-€300 per month
  • Transportation: €50-€100 per month
  • Other expenses (utilities, phone, internet, etc.): €100-€200 per month

Employement Prospects : Business Analytics and Operations Research at Tilburg University

40K

Avg. Salary

    Most Sought-after Jobs

  • Business Analyst
  • Operations Research Analyst
  • Data Scientist
  • Quantitative Analyst
  • Supply Chain Analyst
  • Management Consultant
  • Financial Analyst
  • Risk Analyst
  • Business Intelligence Analyst

Here are some of the companies that Tilburg University alumni have gone on to work for:

  • Quintiq
  • ORTEC
  • Rabobank Nederland
  • Deloitte
  • KPMG
  • McKinsey & Company
  • Boston Consulting Group
  • Bain & Company
  • Amazon
  • Google
  • Microsoft
  • IBM

Eligibility Criteria for Business Analytics and Operations Research at Tilburg University

  • A Bachelor’s degree in Econometrics and Operations Research from Tilburg University School of Economics and Management
  • A Bachelor’s degree in Econometrics and Operations Research or a similar discipline from a university recognized by the Admissions Board

Documents required : Business Analytics and Operations Research at Tilburg University

  1. Copy Passport / ID card 
    Please check the exact requirements, including the minimum validity of your passport or ID card, on the webpage Documents to verify your identity.
  2. Diploma(s)
    Your Bachelor’s (and Master’s) diploma(s), if you already have them.
    • If you have not yet completed your higher education study program, you should upload a provisional transcript with your grades up to this point (see 2). Once conditionally admitted, you must send a certified hard copy of your diploma to us, according to the details in your conditional Admission Statement.
    • If you already have completed your higher education study program but have not yet received your diploma, you can provide us with a Graduation Statement from your university that states you have completed all graduation requirements for your study program and the date the diploma will be awarded. Such a statement must have an original seal/stamp and signature.
  3. Transcript of Records
    This is a list from your University of the courses you have taken in your Bachelor’s (and Master’s) degree, with the grades you have achieved.  This must be an official list from your University, not your results downloaded from the University’s student system. If you have not yet completed all courses at the time of application, please provide the Transcript plus a list of the courses you still need to complete before graduation.
  4. Official translations of the Transcript of Records and diploma(s)
    If your Transcript of Records and diploma are not in English or Dutch, a certified translator must translate the documents (with the exception of the course description). The translator must attach the translation to copies of the original document and stamp both documents. Please note: we cannot accept translations that are not attached to a copy of the original document; the translator must make sure that s/he stamps the copy of the original document and attaches the two documents to each other.
  5. Course List

    A brief description of taken and passed courses as part of your previous degree(s), which are relevant to the program for which you are applying. Please use the MSc Business Analytics and Operations Research Course List template which should include the following information per course:

    • Course name
    • Course code
    • Number of credits
    • Course description (content, covered topics)
  6. English language test results (unless you are exempted).
    You can check the requirements above under the heading ‘English language requirements‘. Please note that it is obligatory to have obtained the required English language test results before submitting your application.
  7. GRE General Test results
    You can check the requirements above under the heading ‘GRE General Test’. Please note that it is not obligatory to have completed the GRE test before application. In our online application system you can indicate the approximate test date.
  8. Statement of purpose (motivation letter)
  9. Resume / Curriculum vitae 

Application Deadlines - Stanford MEM

EEA nationals

  • Application deadline for starting end of August: June 1
  • Application deadline for starting end of January: December 1

Please note:

  • Applicants with a Swiss citizenship can follow the deadline for EEA nationals.

Non-EEA nationals

  • Application deadline for starting end of August: April 1
  • Application deadline for starting end of January: October 1

Please note:

  • UK citizens should follow the deadline for non-EEA nationals.
  • Applicants with a non-EEA nationality and a valid residence permit of an EEA country, other than the Netherlands, should apply before the non-EEA deadline.
  • Applicants with a non-EEA nationality and a valid residence permit of the Netherlands, can follow the deadline for EEA nationals. The residence permit should be valid until at least up to the intended start date of your study program.

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Scholarships Available : Business Analytics and Operations Research at Tilburg University

Committed to financially supporting talented and motivated students, Tilburg University offers scholarships for both prospective and current students. Below you will find an overview of general scholarships (mainly offered by Tilburg University) and an overview of external scholarships per country.

Please note that the number of scholarships is limited and mainly targeted at students with excellent study results. Tilburg University does not offer scholarships for pre-Master’s programs.  

Get the whole overview of the scholarship from here.

Specializations & Electives Offered

Core courses

Choose 5 out of the following core courses (30 ECTS in total):

  • Decision Making with Business Analytics
  • Decision Making under Uncertainty
  • Optimization
  • Data Science Methods
  • Professional Business Analytics Skills
  • Supply Chain Analytics

Elective courses

Through your choice of electives, you can acquire specialized skills of business analytics methods and techniques in a specific field of your interest, e.g., finance, marketing or economics, or you can extend your technical skills in data science or optimization methods and techniques.

Choose 2 out of the following elective courses (12 ECTS in total), presented by field of interest:

  • Asset Liability Management 
  • Customer Analytics
  • Empirical Finance
  • Microeconometrics
  • Panel Data Analysis of Microeconomic Decisions
  • Dynamic Real Investment
  • Games and Cooperative Behavior
  • Time Series and their Applications
  • Operations Research and Machine Learning
  • Courses in Operations Research theory and methods offered by LNMB in Utrecht
  • Market Assessment
  • Other electives

It’s also possible to choose the core course you didn’t take yet. 

Optional courses (0 ECTS):

  • Software workshops
  • Career Development: developing skills as a preparation for the job market 

FAQs About MSBA

Tilburg University is a leading international university with a strong reputation in BAOR. The BAOR program at Tilburg University is known for its rigorous academic curriculum, its focus on practical applications, and its strong connections to industry.

To be eligible for the BAOR program, you must have a Bachelor’s degree in Econometrics and Operations Research or a similar discipline from a university recognized by the Admissions Committee. You must also have a solid academic background in mathematics and probability theory.

Yes, the BAOR program includes an optional internship. Internships are a great way to gain real-world experience and make connections in the industry.

The BAOR program requires all students to complete a thesis. The thesis is a research project that allows students to apply the skills and knowledge they have learned in the program to a real-world problem.

The BAOR program covers a wide range of topics, including:

  • Optimization methods
  • Data analysis and forecasting
  • Stochastic modeling
  • Simulation
  • Decision theory
  • Supply chain management
  • Logistics
  • Financial engineering

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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