Business Intelligence and Analytics MSc
Master
In Huddersfield
Description
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Type
Master
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Location
Huddersfield
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Duration
1 Year
Businesses are becoming more and more interested in the high value-adding potential of data and advanced analytics. An incredible amount of data is generated at a very high speed, where businesses are keen to develop a digital culture within their organisation and attract highly skilled talent to support this.
• Enhance your knowledge and understanding of analytics techniques that support modern business needs.
• Develop the skills to extract, manipulate and visually communicate data, alongside a critical understanding of management science theories and techniques. You’ll explore the role these solutions play in solving real-world business problems and developing business intelligence.
• Highly demanded specialist software packages which are used in the industry have been incorporated to support teaching and develop your practical skills.
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About this course
n Honours degree (2:2 or above), or equivalent qualification, in any subject
Applicants with other appropriate professional qualifications and/or experience will be considered on an individual basis
If your first language is not English, you will need to meet the minimum requirements of an English Language qualification. The minimum for IELTS is 6.0 overall with no element lower than 5.5, or equivalent will be considered acceptable.
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Subjects
- New Venture
- Financial Managers
- Investment
- Information Systems
- Supply
- Innovation
- Network
- Approach
- Simulation
- International
- Global
- Financial
- Venture
- Financial Training
- Business Intelligence
- Systems
- Planning
- Visualisation
Course programme
Core modules:
Statistics and simulation modellingThis module will introduce you to the field of Statistics and Simulation modelling. A range of features of the area such as Linear regression, Multiple regression, forecasting and discrete event simulation modelling form part of this module. This module aims to enable you to evaluate a business problem, identify the most appropriate modelling approach to be used, verify and validate results and present a detailed analysis.
Management Science ModellingThis module will introduce you to the field of management science modelling. A range of features of the area such as spreadsheet modelling, optimisation, linear programming network models and nonlinear optimisation model will be developed, explored and analysed using appropriate computer software tools. Using a number of different case studies, this module will enable you to evaluate a business problem, identify the most appropriate modelling approach to be used, verify and validate results and present a detailed analysis.
Big Data AnalyticsThe ever-increasing advancements in sensing technologies, network infrastructure, storage and social media have enabled us to acquire an unprecedented volume of data at an explosive rate. As a result, the ability to efficiently and accurately derive human-understandable knowledge from these datasets has become increasingly critical to our digitally-driven society and economy. Under this Big Data phenomenon, tremendous endeavours have been devoted to tackle its underlying challenges through both novel solutions and the evolution of existing methodology. The module aims to provide students with the knowledge and critical understanding of contemporary challenges posed by the big data. The topics covered here include the fundamental characteristics and operations associated with big data; existing and emerging architectures and processing techniques; domain applications of big data in practice. Through this module, students will develop an informed understanding of the principles and practice of big data analytics in both general and application specific contexts.
Data Analysis and VisualisationThis module will introduce you to the field of Data Science which focuses on Big Data and its visualisation. You will have an opportunity to consider a range of features of the area such as statistical analysis, data collection, computing, the compilation of complex models and data visualisation. This module aims to enable you to devise, employ, justify and explain a piece of research to an audience of academics or professional business people.
Intelligent Business Information SystemsThis module will review the principles and applications of information systems and business intelligence in different types of businesses and organisations. The role of information systems and business intelligence in modern operations and supply chains will be reviewed and discussed. The most recent advances in technology, their applications and implications in managing businesses will be discussed. Different types of information and enterprise systems and software will be reviewed and discussed in this module. Issues to be considered in the implementation and use of these packages will be highlighted.
The Global ProfessionalIn today’s highly mobile and interconnected world of business, you will undoubtedly find yourself working with culturally diverse teams, partnerships and customer bases. It is therefore essential that you are able to offer future employers, colleagues and other stakeholders an adaptable interculturally aware and responsive approach. In the light of that, this module fosters transferable skills fundamental to global employability. Your professional and personal development will be guided through the application of the eight CIPD Behaviours, University of Huddersfield’s target Graduate Attributes, and key Intercultural Effectiveness skills and mindsets. As you develop professionally through your subject studies you will increase consciousness of your individual cultural make-up and the impact of this on behaviour, relationships and worldview in order to navigate beyond the borders of your own culture. You will develop a conscious approach to effective global practice, responding positively to difference, and constructing strategies to deal with intercultural workplace encounters.
Option module (choose one)
Supply Chain Planning and ControlThe role of decision makers in the supply chain will be considered along with the use of operations research modelling to support such decisions. In this module, you'll have the opportunity to learn how data can be obtained, extracted and manipulated to enable decision support tools to be used to underpin the planning and control of operations and the supply chain.
The Circular Economy and Responsible Resource ManagementThroughout your professional career you are likely to be confronted with debates about sustainability and managing scarce resources more effectively. It is essential that you are able to engage in these debates with future employers, colleagues and other stakeholders. This module provides an opportunity to explore the challenges of responsible resource management through circular economic thinking and solutions that enable business and society to go beyond a traditional model of linear production and consumption. You'll consider and aim to become familiar with debates about how far the adoption of circular economic principles takes us in this direction.
Productivity ImprovementThe only thing that is constant is change” (Heraclitus). Today’s businesses face a world of ever changing technology and ever increasing customer demands. Throughout your career you undoubtedly be involved in change of some description. This module will facilitate the development of the transferable skills and understanding you will need to face the challenges of near constant change with resilience. Starting with a strategic overview of productivity improvement you will develop the skills needed to lead, as well as take part in, productivity improvement, product development, process improvements, service design, and innovation initiatives.
Management Science ModellingThis module will introduce you to the field of management science modelling. A range of features of the area such as spreadsheet modelling, optimisation, linear programming network models and nonlinear optimisation model will be developed, explored and analysed using appropriate computer software tools. Using a number of different case studies, this module will enable you to evaluate a business problem, identify the most appropriate modelling approach to be used, verify and validate results and present a detailed analysis.
Investment and Portfolio ManagementIn this module you will aim to develop knowledge and understanding of the key financial instruments, investment strategies and risks in local and international financial markets. You'll have opportunity to develop a critical understanding of practical applications of investment theory by studying various techniques in asset allocation when creating and managing investment portfolios.
International FinanceThe rise in importance and complexity of financial management in an international environment poses a great challenge for financial managers in multinational corporations. The increasing integration of global products and financial markets around the world requires financial managers working for multinational corporations to consider exchange rates, international capital and debt markets, and economic and political risks to achieve shareholder wealth maximization. This module is intended to provide you the tools needed to understand the global financial markets and the challenges and opportunities these bring to the financial managers of the multinational corporations.
The Curious MindsetThis module is designed to help you develop a curious and enterprising mindset. It gives emphasis to curiosity, creative thinking, future thinking, vision and imagination – the precursors to identifying and developing opportunities for professional development, innovation and new venture creation. These skills and mindsets are relevant to business set up as well as freelance careers and employability. You'll gain knowledge and aim to develop behaviours and attitudes to help you interpret a range of problem situations and opportunities, leading to creative and innovative responses in the form of doing things differently and/or doing something new.
Leading Managing and Developing PeopleThis module explores the links between people management practices and positive organisational outcomes and how these are achieved in different types of organisational contexts. Focusing on leadership, flexibility and change management, the aim being to help students become effective strategic managers as well as effective HR specialists, managing others fairly and effectively and increasing levels of engagement, commitment and performance.
Reward ManagementThis module aims to develop specific skills in analysing reward management practices in organisations. It considers how to strategically use reward as a mechanism for improving productivity and engagement. The module looks at contemporary reward management practices including strategic reward management, executive remuneration, equal pay and gender pay disparity.
Humanitarian ChallengesAdopting a cross-disciplinary approach to pressing global challenges, the module will explore the humanitarian problems raised by challenges such as migration in the Mediterranean, the use of chemical weapons, desertification, global inequality, and issues around (de)development. By interrogating theoretical, practical, and legalistic responses to unfolding humanitarian challenges the module will draw on scholarship in disciplines including law, geography, and economics to provide a critical and engaging study of tested and innovative humanitarian strategies.
Ageing SocietiesGlobal demographics are continually changing and are now seeing an increasingly ageing population in many (but not all) countries. Put this together with changes to pension ages and age discrimination legislation and it means that in the future you will be working with many more older colleagues than has been the case to date. In this module, you will evaluate both the challenges and opportunities for business and management that come with increasingly ageing societies in the 21st Century. They will include ageing-related issues at the individual, organisational and societal levels, for example: creating novel and more flexible pension arrangements; innovative marketing to target older consumers; managing more flexible working patterns towards retirement; enabling more inclusive work environments by supporting workers with age-related health issues; and opportunities for career development in older life including starting a business. You will explore ways in which organisations and those working in them can adjust to changing needs in response to a shifting age demographic in the UK and elsewhere in the world.
Society, Culture and PhilosophyThis module is designed to critically evaluate consumption in the context of philosophy, society and culture, and in relation to broader contemporary sociocultural trends and issues. By adopting an interdisciplinary approach to the analysis of consumption, the module aims to develop your critical awareness of the interrelationships, consequences and tensions that exist between the consumer at the individual and collective level, as well as between the consumer, business, and government.
An opportunity to pursue an area that interests you or which you are passionate about comes in your choice of project. You have a choice of three routes: Research Route, Consultancy Route and New Venture Creation Route (subject to tutor approval).
Final Project/Research Route
Research MethodsThis module aims to provide you with foundation concepts of research methods to prepare you to conduct your own research. It will introduce you to different types of research approaches available to researchers, how to formulate good research questions, how to review academic literature in the research process, how to select the appropriate data collection techniques, how to carry out the data analysis and write-up. The module should provide a solid basis for you to develop your skills further in your own research project.
Individual Research ProjectThe Individual Research Project provides an opportunity to pursue your own interests and engage more deeply with your subject by completing an in-depth piece of research work using relevant research methods. Working autonomously, but under the guidance of a supervisor, you will make choices about the most appropriate methods and then conduct your own research project. Through the Individual Research Project, you will have the opportunity to greatly enhance your own knowledge and skills. The research will be presented in written format using academic conventions recognised in your field.
Final Project/Consultancy Route
Consultancy SkillsThis module prepares you for the Group Consultancy Project. It introduces the theory underpinning the process of consultancy in organisations. The module will analyse various models of consultancy and you will be given an opportunity to explore different stages in the consultancy cycle including: the purpose of consultancy in business context, project scoping and contracting, information gathering, analysis and report, action planning, implementation, review and exiting.
Group Consultancy ProjectThe Group Consultancy Project provides you with the opportunity to engage in a ‘real world’ live client brief. You will work in small teams and will be expected to engage in the process of scoping the project with the business client, undertake the necessary information gathering, analysing the information and make recommendations to the client. As part of this module, you will also need to evaluate how principles of ethics, sustainability and responsibility influence your professional decision making.
Final Project/New Venture Creation
Launch a ventureThe module provides you with the opportunity to take the practical steps to initiate a new venture or facilitate growth and innovation in an existing venture. The focus is on developing an understanding of business practicalities through action, reflection and case study. The module encourages you to acquire the knowledge, skills and attitudes for practice, recognising that you may be at different stages and working on different issues at the same time. Supervision and action learning sets provide flexible support to enable self directed learning to facilitate start up and business development initiatives with existing businesses.
New Venture CreationThe module will encourage you to develop your entrepreneurial mind-set, and help you understand the challenges and opportunities of starting and running a new venture. Your entrepreneurial skills and abilities will be guided through the application of different entrepreneurial tools and techniques – as well as practical exercises - that should enable you to assess your own entrepreneurial readiness, while preparing for the risky, uncertain and challenging environment of creating new ventures.
Additional information
Business Intelligence and Analytics MSc