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Business Analytics, M.Sc.

  • Anytime
    Application Deadline
  • 12 months
    Duration
University rank #131 (QS) ,
The aim of the MSc Business Analytics programme is to provide a solid basis in a variety of techniques including Forecasting, Optimization, Simulation and Operational Research which help in intelligent data-driven decision making when faced with complex business problems. 

About

This programme is ideal for students wishing to work in business analytics, decision support, industrial engineering, operational research and management science. It will equip you with in-demand analytics skills and prepares you to solve challenging business problems.  You will gain hands-on experience in applying theory to practice guided by world-leading academics and management scientists with expertise in areas including Forecasting, Optimization, Simulation and Operational Research.

This is achieved with a fine balance between theory and application of these techniques. The programme comes with great flexibility where you can choose from a range of modules to align with your own interests along with compulsory core modules. The structure of the programme is designed with special emphasis on the growing need for analytical skills required to deal with business problems in the big-data age.

We help you to improve your professional skills as well as your analytical abilities. In a significant real-life project, you will have the opportunity to develop professional skills by working for 16 weeks as a consultant to one of our client companies. The employment record of the programme is excellent, with our graduates in demand from business and the public sector for their analytical skills.

Programme Structure

Courses include:

  • Introduction to Business Analytics and Operational Research
  • Problem Solving Skills for Consultants
  • Spreadsheet Modelling
  • Applying Statistical Models in Business
  • Problem Structuring
  • Computer Simulation
  • Stochastic Modelling
  • Optimisation and Heuristics

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 12 months
  • Languages
    • English
  • Delivery mode
    On Campus

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score:

    93

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

    Schedule TOEFL®
  • Minimum required score:

    7

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    StudyPortals Tip: The UK government has confirmed new English-language testing requirements for visa and immigration purposes. Learn more

  • Minimum required score:

    62

    PTE Academic (Pearson Test of English Academic) is a language test that enables students to demonstrate their writing, listening, speaking, and reading skills when applying to study in English. Delivered and marked by computer, it reports on a scale between 10 and 90.

Academic Requirements

  • 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
  • English language: IELTS: Overall score of at least 7.0, with no individual element below 6.0

Tuition Fee

  • International Applies to you

    21500 GBP/year
    Tuition Fee
    Based on the original amount of 21500 GBP per year and a duration of 12 months.
  • EU/EEA Applies to you

    15000 GBP/year
    Tuition Fee
    Based on the original amount of 15000 GBP per year and a duration of 12 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Living costs for Lancaster

  • 660 - 1140 GBP/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

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