Business Analytics MSc - 2019 Entry
Full time 12 Month(s)
We live in a world where analytical decision-making happens every second. Data is collected about everything in order to construct, operate and maintain systems. If you want a career in decision support, operational research, industrial engineering or management science, this is the ideal programme for you.
This course will train you in analytical decision-making. Not only do you learn the theory of business analytics but also how to apply it in practice. This involves generating relevant business insights using data-driven methodologies and tools. Our programme is one of the few to teach the entire Business Analytics life cycle, covering Descriptive, Predictive and Prescriptive analytics.
We have excellent partnerships with industry business analytics practitioners. We constantly update this programme to reflect the dynamically changing landscape of business analytics. We place a very high emphasis on creating graduates with skills that are valuable in the job market. For example, you will experience a real-life analytics project as part of your course.
Lancaster is a pioneer of analytics in UK and Europe. We were one of the first universities in the UK to establish an Operational Research department, which developed into Business Analytics. More than 50 years on, we are still at the forefront of applying analytics to business in teaching and research.
Our academics are leaders in fields such as forecasting, optimisation, simulation and stochastic modelling. You will learn technical aspects like machine learning and data mining. We also have domain expertise like logistics and supply chain analytics, healthcare analytics, sports analytics, network analytics, marketing and pricing analytics.
Our graduates become business analysts, data scientists, analytics engineers and logistics consultants, and some also go into academic research. Many students get job offers whilst still studying.
You will study a range of modules as part of your course, some examples of which are listed below.
- Problem Structuring
- Computer Simulation
- Stochastic Modelling
- Optimisation and Heuristics
- Introduction to Intelligent Data Analysis (Data Mining)
- SAS Programming for Business Analytics
- Marketing Research Methods
- Operations and Supply Excellence
- Strategic Sourcing
- Marketing Analytics and Modelling
- Introduction to Python Programming
- Pricing Analytics and Revenue Management
Information contained on the website with respect to modules is correct at the time of publication, but changes may be necessary, for example as a result of student feedback, Professional Statutory and Regulatory Bodies' (PSRB) requirements, staff changes, and new research.
Designed for: Highly numerate graduates seeking careers in operations research, consultancy, business analytics, data science and industrial engineering
Duration: 12 months full-time.
Entry requirements: 2:1 (Hons) degree UK or equivalent) in any discipline that includes some Mathematics and/or Statistics, including, for example, Science, Engineering, Business Studies, Economics and Computer Science
If you have studied outside of the UK, you can check your qualifications at International Qualifications
Other requirements: Relevant work experience would be welcome but is not essential.
English language: IELTS: Overall score of at least 7.0, with no individual element below 6.0
We consider tests from other providers, which can be found at English language requirements
If your score is below our requirements we may consider you for one of our pre-sessional English language programmes:
10 week- Overall score of at least 6.0, with no individual element below 5.5
For details of eligibility see: Pre sessional programmes
4 week- Overall score of at least 6.5, with no individual element below 6.0
Further information is available at English for Academic Purposes
Funding: All applicants should consult our information on fees and funding.
Further information: Please see our website
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The University will not increase the Tuition Fee you are charged during the course of an academic year.
If you are studying on a programme of more than one year's duration, the tuition fees for subsequent years of your programme are likely to increase each year. The way in which continuing students' fee rates are determined varies according to an individual's 'fee status' as set out on our fees webpages.
What are tuition fees for?
Studying at a UK University means that you need to pay an annual fee for your tuition, which covers the costs associated with teaching, examinations, assessment and graduation.
The fee that you will be charged depends on whether you are considered to be a UK, EU or overseas student. Visiting students will be charged a pro-rata fee for periods of study less than a year.
Our annual tuition fee is set for a 12 month session, which usually runs from October to September the following year.
How does Lancaster set overseas tuition fees?
Overseas fees, alongside all other sources of income, allow the University to maintain its abilities across the range of activities and services. Each year the University's Finance Committee consider recommendations for increases to fees proposed for all categories of student and this takes into account a range of factors including projected cost inflation for the University, comparisons against other high-quality institutions and external financial factors such as projected exchange rate movements.
What support is available towards tuition fees?
Lancaster University's priority is to support every student in making the most of their education. Many of our students each year will be entitled to bursaries or scholarships to help with the cost of fees and/or living expenses. You can find out more about financial support, studentships, and awards for postgraduate study on our website.