Postgraduate Course

MSc Business Analytics

MSc Business Analytics

Overview

The details
Business Analytics
October 2018
Full-time
1 year
Southend Campus

Organisations of all sizes must analyse complex business data to remain competitive. Business analytics helps to predict market trends and improve business processes. It empowers managers to make strategic decisions to improve performance in areas such as product development, operations, marketing, sales and supply chain management.

Our MSc Business Analytics develops your analytical skills so you can solve complex business problems. You’re trained to organise, integrate and interpret data so you can make insightful forecasts into all aspects of business operation and implement appropriate actions.

You cover topics such as:

  • statistics and forecasting
  • data mining, visual and analytical techniques
  • global supply networks
  • economic theory
  • business management

Our range of optional modules gives you the opportunity to specialise in a variety of complementary business, management and marketing subjects.

Essex Business School, where this course is taught, is home to the ESRC Business and Local Government Data Research Centre, which helps local authorities and businesses across the UK to harness data more effectively. Not only does the centre have expert data analytics facilities, you’re taught by academics who are actively involved in researching big data and collaborating with businesses to solve real-world issues.

Our School is home to an international community of students and staff. Across our two campuses, our current Masters students join us from more than 40 different nationalities. The University of Essex also offers a number of scholarship and discounts for Masters study, including tailored awards for international applicants.

MSc Business Analytics can be studied on a full-time, part-time or modular basis (ideal if you’d like to gain a qualification whilst in employment).

Postgraduate loans for Masters courses are now available from the Student Loans Company, worth up to £10,000, for students from the UK and EU.

Why we're great.
  • We have expert data analytics facilities in our Data Research Centre for Smart Analytics
  • Our academics are at the forefront of the big data debate
  • We are in the UK’s top 25 in the UK for research quality (The Times and The Sunday Times Good University Guide 2018)

Our expert staff

Our expert academics are at the forefront of the big data debate and reflect this thinking in their teaching.

Essex Business School is in the top 25 in the UK for research quality (The Times and The Sunday Times Good University Guide 2018) and is recognised for being at the cutting edge of research in: business ethics and corporate social responsibility; organisation studies; leadership and strategy; finance and banking; risk management; and international management.

Specialist facilities

MSc Business Analytics is based at our Southend Campus, with its excellent study and social facilities.

You benefit from being located close to London in the Thames Gateway, one of the UK’s priority areas for economic growth – offering fantastic internship and networking opportunities.

Southend is a seaside town with award-winning beaches, a vibrant night life and excellent transport links. You have access to The Forum, a state-of-the-art building with 24-hour computer suites and study pods. Unlike our Colchester Campus, Essex Business School in Southend is a town centre campus, so you’re amongst the buzz of the High Street, with its excellent bars, shops and restaurants and employment opportunities.

The University of Essex provides initiatives, including those for international students, to help you perform to your best academic potential, such as free academic English classes.

The Hive Enterprise Centre is located close to Campus, providing access to networking events and business meetups that offer finance and marketing support for startups.

Your future

Data is the driving force behind critical business decisions, so data scientists and analysts are in great demand in both start-ups and well-established companies. Becoming an expert in data analytics means you can help businesses gain competitive advantage by becoming better at making decisions and predictions through organising, analysing, integrating and interpreting data.

This course will equip you with essential numerical, analytical and problem solving skills for a thriving career as a business analyst, manager, or consultant in private and public enterprises.

We also have a proud history of graduate entrepreneurs, including international business incubator 0100Ventures and entrepreneurship website SlovakSTARTUP.

We have a dedicated employability team within our department, in addition to the University of Essex Employability and Careers Centre, so you are well-placed to find work opportunities both during your course and after you graduate. You can also access employer talks on campus.

In 2016, 87% of our postgraduate taught students were in professional employment or further study within six months of graduating (DLHE, 2016). Read our graduate profiles to find out the types of organisations our Masters students go on to work for.

“I applied to the University of Essex because I considered it to be one of the best institutions in the UK for big data systems and analysis and has a great reputation for finance and management. I chose this course because I wanted to broaden my knowledge of database and financial management and gain experience of working with large datasets.”

Ömer Coskun, MSc Business Analytics (2016)

Entry requirements

UK entry requirements

A 2:2 degree in business, engineering, or science. Your undergraduate studies should have included algebra, calculus and statistics.

International & EU entry requirements

We accept a wide range of qualifications from applicants studying in the EU and other countries. Get in touch with any questions you may have about the qualifications we accept. Remember to tell us about the qualifications you have already completed or are currently taking.

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English language requirements

IELTS 6.5 overall with a minimum component score of 5.5

If you do not meet our IELTS requirements then you may be able to complete a pre-sessional English pathway that enables you to start your course without retaking IELTS.

Additional Notes

The University uses academic selection criteria to determine an applicant’s ability to successfully complete a course at the University of Essex. Where appropriate, we may ask for specific information relating to previous modules studied or work experience.

Structure

Example structure

Most of our courses combine compulsory and optional modules, giving you freedom to pursue your own interests. All of the modules listed below provide an example of what is on offer from the current academic year. Our Programme Specification provides further details of the course structure for the current academic year.

Our research-led teaching is continually evolving to address the latest challenges and breakthroughs in the field, therefore to ensure your course is as relevant and up-to-date as possible your core module structure may be subject to change.

Managerial Economics

Managerial Economics applies economic theory to business management, decision making and forward planning. This module explores how economic concepts, such as profit, demand, cost, pricing production, competition and business cycles, can be used to solve business problems.

View Managerial Economics on our Module Directory

Global Supply Chain and Operations Management

Matching the ability to supply a product or service with customer demand is vital for any organisation. Excess supply can lead to wastage and increased costs, but too little can irritate customers and result in lost revenue. Supply chain management is a complex and challenging task, but, done right, it can create significant competitive advantage. This module explores how organisations manage their product range and operations to best align supply with demand in a global environment, categorised by expanding product variety, increasing outsourcing, and continuous advances in business analytics. You explore areas such as industry competition, resource allocation, organisational learning and competitive dynamics.

View Global Supply Chain and Operations Management on our Module Directory

Business Analytics for Managers and Entrepreneurs

Data analytics presents a massive opportunity for business leaders, managers and entrepreneurs alike in modern globalised economies. You explore how crucial data analytics is in today's business world, and consider real-world examples where businesses have harnessed this power to solve critical problems. You learn a wide variety of data mining, visual and analytical techniques which can be applied to data generated from different markets and businesses.

View Business Analytics for Managers and Entrepreneurs on our Module Directory

Applied Statistics and Forecasting

The importance of data and evidence driven decision making cannot be overstated in today’s world. Managers have access to vast amounts of data, as well as tools which can help them analyse the data. The ability to understand this data and use it to support your decisions is increasingly proving to be a necessary skill in a typical manager’s portfolio.

View Applied Statistics and Forecasting on our Module Directory

Research Methods

Gain the key skills and competencies to carry out management research or prepare a comprehensive business plan, suitable for the completion of a Masters level programme. You address the philosophical issues underlying management research, and discover how to select methods and judge the quality and value of research outcomes.

View Research Methods on our Module Directory

Dissertation (optional)

Your dissertation is the culmination of your Masters programme, where you apply the knowledge gained on your course to produce a 15,000 word independent piece of work. You generate an original idea, analyse literature and current knowledge and produce a coherent argument that shows your ability to relate theory to practice. Your dissertation will help you develop vital skills for the workplace, as well as the ability to analyse real problems through an academic lens. You are assigned a supervisor for the duration of your project.

View Dissertation (optional) on our Module Directory

International Business and Strategy (optional)

Achieve an advanced understanding of international business and strategy, and the content and processes of different international expansion modes. You examine why firms enter international markets, and explore different forms of international growth by observing current business practice, case study evidence and theory.

View International Business and Strategy (optional) on our Module Directory

The International Business Environment (optional)

Gain an advanced understanding of the external context within which international businesses operate, and the opportunities and challenges this poses to entrepreneurial firms, large and small. You are introduced to key international trade theories and practices, and the application of these to the study of entrepreneurship. You also discuss the external challenges facing international firms, particularly economic, financial, political-legal, technological and cultural challenges.

View The International Business Environment (optional) on our Module Directory

Creating and Managing the New and Entrepreneurial Organisation (optional)

This module helps you to identify and understand the main business functions that can support an entrepreneur when determining whether there is sufficient opportunity to launch a new venture.  You acquire the critical, transferable and practical skills required to create or manage a new or entrepreneurial organisation. You explore how new businesses are developed and managed, including spin-offs from large firms and social enterprises, and learn how to identify new business opportunities. Topics include: idea generation; the development of business models; networking; marketing; finance; human resource management; customer relationship management and driving growth.

View Creating and Managing the New and Entrepreneurial Organisation (optional) on our Module Directory

Theories and Practice of Entrepreneurship (optional)

This module equips you with a critical understanding of a range of economic, sociological, psychological and managerial theories of enterprise creation and development. Live examples, case studies and journal articles show how these theories apply in practice to real business situations. Working in groups and individually, you have the opportunity to suggest strategies for responding to the issues raised in these case studies. Topics include new business creation, innovative growth and the impact of entrepreneurship on economic and social development.

View Theories and Practice of Entrepreneurship (optional) on our Module Directory

Management Science: Optimisation Methods (optional)

In this module, you develop the quantitative skills required to model and solve managerial challenges. You learn how to use mathematical programming methods and specialised software to represent and solve decision making problems. We equip you with a deep understanding of key optimisation methods so you can identify the most relevant approach to solve particular issues.

View Management Science: Optimisation Methods (optional) on our Module Directory

Logistics and Supply Chain Planning and Control (optional)

This module explores the planning, management and control of logistics and supply chain operations. We look at the areas to consider when designing and managing logistic and supply chain networks. You learn the basics of production planning, including Material Requirements Planning (MRP) and Just-in-Time (JIT) systems, inventory management and quality management. You also explore mathematical and computational models that can support your decision making.

View Logistics and Supply Chain Planning and Control (optional) on our Module Directory

International Marketing Strategy and Planning (optional)

Develop your critical understanding of the strategic and functional aspects of international marketing activities of firms of varying sizes and industries. You explore the roles of external and internal environments against key international marketing decisions such as modes of foreign market entry and market selection, or the design and implementation of marketing mix approaches at the international level.

View International Marketing Strategy and Planning (optional) on our Module Directory

Financial Analysis and Decision Making (optional)

This module equips you with a practical and critical understanding of financial analysis and the decision making of divisional and functional managers. You explore topics such as financial accounting, management accounting and financial management, including how to prepare financial accounts. You learn how accounting information is used to plan, monitor and make decisions and how financial statements can be used to infer business performance.

View Financial Analysis and Decision Making (optional) on our Module Directory

Global Project Management (optional)

Develop the skills and knowledge necessary to manage product development projects in an international business environment, with particular focus on product design methodologies and project management techniques. You explore the hard side of managing global product development projects and the soft issues such as idea generation/selection and teamwork that must be dealt with in order to ensure success of the product development projects.

View Global Project Management (optional) on our Module Directory

Work-Based Project (optional)

This module may be taken instead of a dissertation, enabling you to put your knowledge into practice by undertaking an employer work placement for between eight and twelve weeks. During this time, you undertake a project to explore a priority issue for the organisation, culminating in a 15,000 word research report.

View Work-Based Project (optional) on our Module Directory

Teaching

We develop your employability skills in leadership, team work, decision making and communication to help you secure your dream job:

  • our teaching is interactive; you learn through group working and applied projects
  • choose from a wide range of modules
  • take part in the Essex Business School open seminar series and hear from world-renowned academics
  • research is embedded into our curriculum, so you graduate ready to tackle current entrepreneurial issues

Assessment

  • Regular assessment is by coursework, presentations, case studies, group work, tests and examinations

Dissertation

  • You submit a 15,000 word dissertation

Fees and funding

Home/EU fee

£10,710

International fee

£16,750

Fees will increase for each academic year of study.

What's next

Open Days

We hold open days for all our applicants throughout the year. Our Southend Campus events are a great way to find out more about studying at Essex, and give you the chance to:

  • tour our campus and accommodation
  • find out answers to your questions about our courses, student finance, graduate employability, student support and more
  • meet our students and staff

If the dates of our organised events aren’t suitable for you, feel free to get in touch by emailing southend@essex.ac.uk and we’ll arrange an individual campus tour for you.

Applying

You can apply for our postgraduate courses online. You’ll need to provide us with your academic qualifications, as well as supporting documents such as transcripts, English language qualifications and certificates. You can find a list of necessary documents online, but please note we won’t be able to process your application until we have everything we need.

There is no application deadline but we recommend that you apply before 1 July for our taught courses starting in October. We aim to respond to applications within two weeks. If we are able to offer you a place, you will be contacted via email.

Southend Campus

Visit Southend Campus

Famous for its beach resort and pier, Southend-on-Sea stretches along seven miles of award-winning coastline, providing plenty of opportunities for a wide range of water sports and leisure activities.

If you're joining our School of Health and Social Care, East 15 Acting School, Department of Psychosocial and Psychoanalytic Studies, or Essex Business School, you may well be studying at our Southend Campus. Lively, state-of-the-art facilities and a close-knit international community, Southend is the perfect environment for living and learning.

Virtual tours

If you live too far away to come to Essex (or have a busy lifestyle), no problem. Check out our website to find out more information about our Southend Campus, watch videos and view our campuses.

Exhibitions

Our staff travel the world to speak to people about the courses on offer at Essex. Take a look at our list of exhibition dates to see if we’ll be near you in the future.

The University makes every effort to ensure that this information on its course finder is accurate and up-to-date. Exceptionally it can be necessary to make changes, for example to courses, facilities or fees. Examples of such reasons might include a change of law or regulatory requirements, industrial action, lack of demand, departure of key personnel, change in government policy, or withdrawal/reduction of funding. Changes to courses may for example consist of variations to the content and method of delivery of programmes, courses and other services, to discontinue programmes, courses and other services and to merge or combine programmes or courses. The University will endeavour to keep such changes to a minimum, and will also keep prospective students informed appropriately by updating our programme specifications.

The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.

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