Business Analytics MSc

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MSc Business Analytics at Aston University

Course Director Leonidas Anastasakis explains some of the main features of studying MSc Business Analytics at Aston University

Course overview

  • Course level
    Postgraduate
  • Course type
    Full-time
  • Duration
    1 year
  • Course options
    Internship / overseas study
  • School

Entry requirements

  • One of the following:
    A good UK honours degree (minimum lower second class) or equivalent overseas degree recognised by Aston University.
  • For International Students:
    An official academic transcript, with official English translation, of your university grades to date, students whose native language is not English also need to satisfy our English language requirements.
  • Full entry requirements
    See entry requirements below for full details
More information
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Key Dates

Ranked 9th in Europe and 3rd in the UK in the Eduniversal Best Masters Ranking 2019.

Get a competitive edge with big data interrogation skills.

Course Summary

Modern businesses in the UK and worldwide have a great need for professionals with analytical planning and big data analysis skills. Our MSc Business Analytics will enable you to embark on a rewarding career in what’s fast becoming one of the most important and influential functions within business. 

This course will give you the skills to extract meaningful information from data and guide commercial decision making. These skills are in huge demand and can enhance your career prospects and earning potential.

The course concludes with a Business Project; a substantial piece of work designed to provide you with an opportunity to analyse a business problem and practically apply the knowledge and skills developed during the course.

You can choose to study this course as part of our double degree programme. 

This course can also be studied online.

Entry requirements

One of the following:

  • A good UK honours degree (minimum lower second class)

  • Equivalent overseas degree recognised by Aston University.

Applicants must have studied quantitative modules at undergraduate level to demonstrate quantitative and analytical skills.

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.

For International Students:

  • 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 with 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.

  • For students who do not meet our minimum academic and English language requirements for this course, we offer an alternative pathway to an Aston Master’s with Kaplan International College, London.
  • For more information about qualifications, view our Aston in your country webpage.

Applicants with extensive work experience

We recognise the value of extensive professional experience. If you do not have the academic qualifications, but have extensive and relevant professional experience and a proven ability to succeed, we would welcome your application.

The information contained on this website details the typical entry requirements for this course for the most commonly offered qualifications. Applicants with alternative qualifications may wish to enquire with the relevant admissions teams prior to application whether or not their qualifications are deemed acceptable. For less commonly encountered qualifications this will be judged on a case-by-case basis in consultation with the academic admissions tutor.

 

 

Why choose us?

We’re recognised for the quality of our teaching and research excellence.

Being in an elite group of just 1% of business schools in the world, thanks to our AACSB, EQUIS and AMBA accreditation, we can help to enhance your career prospects and boost your earning potential.

We have a track-record for providing companies with highly skilled staff. Our recent graduates have gone onto to secure roles with prestigious international companies, such as Deutche Bank. Our strong links with industry have enabled us to tailor the course to meet the needs of the employers looking for highly skilled graduates. Thanks to their input we can help you gain a completive advantage over other graduates and ensure you hit the ground running when you secure your ideal role.  

Our courses offer a range of opportunities to gain practical experience through things such as, consultancy projects and entrepreneurial opportunities. Find out more here. 

 

Fees and scholarships

Fees 2020/21

UK/EU:          £ 10,550
International:  £18,850

Scholarships
Find out about our scholarships here.  

Course outline

This masters programme has been developed in collaboration with prominent business analytics industry experts. This ensures you will gain the relevant knowledge and practical experience required to fulfil a variety of business and data analytics roles once you graduate. We cover a wide range of stimulating topics, from data mining and web analytics to business analytics in practise. This will give you a comprehensive understanding of these key areas of business analytics and put you in pole position to secure a coveted graduate position.

We’ll provide you with the quantitative skills needed to identify trends and gain insights from complex data. You’ll learn how to accurately analyse and visualise information. You’ll also gain valuable experience working with analytical tools, which can be used to provide information to business leaders, improving commercial decision-making and business performance. With insights from data often providing the basis for firms’ competitive advantage in the market place, it’s not surprising that business analytics graduates are becoming increasingly sought-after.

You’ll develop a clear understanding of the three types of data analytics - descriptive, predictive, prescriptive.   

We focus on the practical application of these in a business context. You’ll discover what method, technique and tools can be used to solve specific commercial problems in the most effective way. As most roles within the business analytics sector are based in consultancies, we ensure you have the necessary skills for a consultancy environment. You’ll learn how to work effectively in a consultative role and understand what good and bad consulting practise looks like.

We use a mix of a stimulating teaching methods to bring this course to life and ensure you get the most out of your studies. As well as lectures and seminars, there’s lab sessions where you will work with advanced software packages to develop your abilities to analyse data and practice using a range of analytical tools. This practical experience will enhance your employability and it’s what helps to set us apart from other universities.

You’ll benefit from learning from leading academics who’ve carried out detailed research in this field and can give you a deeper understanding of data analytics concepts. There’s also those who have significant experience as business analytics practitioners or consultants, who are uniquely placed to pass on their practical experience.

 

Subject guide and modules

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.
  • 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.
  • 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

  • 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 Marketing
    You will gain a strategic understanding of the opportunities provided by digital marketing and the challenges of preparing and formulating successful digital strategies. The module evaluates the role of digital media in marketing strategy and how new technologies can be embraced for marketing purposes. You will evaluate the impact of web based innovations on marketing and consumer behaviour.
  • Financial Econometrics
  • 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.
  • Services Innovation
  • Business and Risk Context
Learning, teaching and assessment

You’ll be taught through a mix of lectures and various applied learning sessions, including lab workshops, where you’ll get to work with specialist business analytics software, and tutorials, where you might look at case studies from business and apply your knowledge to various scenarios. This emphasis on practical teaching methods will enhance your understanding and develop core skills you’ll need to embark on a career in business analytics.

As well as learning key theory and concepts, you’ll benefit by learning from industry professionals delivering guest lectures on their areas of expertise. These sessions are very well received by students. They provide you a valuable insight into business analytics in practise. You’ll appreciate the benefits of analysing data and how organisation benefit from an advanced understanding of information.

You’ll be supported in your studies by our virtual learning environment, Blackboard. This innovative platform has a wealth of resources to help you when revising, such as lecture slides, access e-books and online journals, as well as video recordings of your teaching sessions. Your lecturers will also be on hand to offer one-to-one support throughout the course.  

There’s a variety of assessment methods, including exams, coursework, the design of poster, presentations and group work. For our assessments we use real or fictitious business scenarios. These practical assessments help you to develop the skills and competencies required for future job roles. 

Descriptive Analytics Poster – Using publicly available data on a real company, you’ll be asked to create a business case for a specific commercial scenario, such as where to locate a new retail store.  You’re asked to visualise the data in the form of a poster, which should accurately and effectively tell the story that’s expressed by the data you’ve found. You’ll need to interpret the information correctly and present it with suitable graphs and charts. This activity simulates a common task of business analyst in commercial roles. It also helps you to familiarise yourself with data that is publicly available in the UK, which is beneficial for those looking to work here.

The Aston Global Advantage

More than a masters

The Aston Global Advantage is an integrated module which runs throughout your course. Focusing on professional development and employability, this module gives you the opportunity to identify, develop and apply the key skills you will gain throughout the year. You'll have the opportunity to:

  • Develop your academic skills
  • Build a portfolio of professional business skills
  • 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.

 

Student experience and employability

Overseas opportunities

We benefit from an extensive network of partner institutions, including some of the highest ranked business schools in the Europe, such as Kedge Business School in France. Your options are not just limited within Europe, we also have partnerships with universities worldwide, from Australia to China and USA to Singapore.

You’ll be pleased to know that all of our overseas study programmes are all tuition-free and you’ll study and be assessed in English.

Placements

We believe that a work placement taken as part of your masters programme can be hugely beneficial to your career prospects. It will enhance your CV and can give you a competitive advantage when applying for graduate roles.

As part of this course you’ll have the opportunity to undertake a work placement. Choose a company of your choice, in the UK or overseas, and spend from one month to 12 months gaining valuable work experience. You’ll apply what you’ve learnt on a daily basis and develop a deeper understanding of your subject area.

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

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

Trips and visits

Your lecturers will arrange for a number of guest speakers to visit and deliver the course content. This will give you with the chance to learn from experienced business analytics professionals. You’ll gain an insight into how different companies operate and the challenges faced in this area of business.

A large number of graduate employers visit campus during the year. There’s careers fairs, networking events and much more. You’ll have the chance to discover a wide range of graduate opportunities and speak with companies to see where’s the best place for you to start your career. 

Erasmus+

Study or work in another country

The University has secured Erasmus+ mobility funding for students going on placement during the academic year 2019/20.  For students planning their placement in the academic year 2020/21, Erasmus+ mobility funding will be dependent on the Exit date and whether a Withdrawal deal is agreed. The University’s Brexit information page is regularly being updated and will have the latest information.   

 

 

 

"Aston has been the greatest experience of my life. The cultural diversity has given me the best learning environment for my future success."

Amica Woo
General Manager, Sino Apartment

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