MSc Business Analytics
Business Analytics is an exciting, ever-changing area of business characterized by growing employment opportunities linked to opportunities provided by digital innovation and digital transformation. This degree is designed to prepare you for a career in this fast-paced and challenging sector. By completing the programme, you will build a portfolio of materials that can be presented to employers, enabling you to demonstrate your development and appropriateness for roles in the business analytics field. This portfolio will include business simulation and analytics applications.
The program is designed to provide research led experiential learning in the field of business analytics. It meets the demand of growing employment opportunities created by digital innovation, digital transformation and the emergence of big data and its associated dynamics and analytical challenges. By working on real world companies’ problems, students will apply business analytics knowledge and skills and recommend resolutions to problems. This way, students will develop a ‘Personal Portfolio’ that can be presented to potential employers to showcase their skills and achievements.
There are 4 specialists modules divided equally between semester 1 and semester 2. In semester 1, students learn ‘Data Management & Visualization’ and ‘Business Statistics and Data Analytics’. In semester 2, students learn advance modules in ‘Forecasting and Predictive Analysis’ and ‘Analytics for competitive advantage’. The unique element of this programme is the core module ‘Leadership and Management Development’, which supports personal, management and leadership development in graduates. The programme requires a core capstone ‘Masters Dissertation’ which is supported by a core module in ‘Research methods and Analytics for business practice’.



Modules
BM9716 - Core, 20 Credits Business Statistics and Data Analytics
In this module you will learn about how to use statistical tools and analytical software in Business Analysis. You will learn the necessary skills to make sure that processes run efficiently, particularly with the application of these statistical analytical tools in real business cases by taking into consideration all the face of opportunities and challenges arising from the worldwide reach of business.
You will gain the basic and the essential knowledge in addition to practical analytical skills to think as a professional business analyst, project manager, operations analyst, digital analytics specialist or data analytics consultant in a globalised digital environment. Moreover, you will discover the basic analytical statistical thinking of data analysis in business and put your learning into practice by applying it to real case studies which will help you to gain experience with the recent issues in business and digital market. Business Statistics and Data Analytics work hand-in-hand, because analytics turns data into insights that guide intelligent business decisions. You will learn how to discover and create knowledge from data analysis assem well as data preparation, data visualization, statistical analysis and other advanced analytics tools by using SPSS and applying one of the most famous analytics tools “SAS software” which is known as Analytics Leader. This course will help you in understanding business statistical analysis, develop your data analysis skills and will qualify you to work in organisations and help them to achieve their digital transformation goals.
BM9717 - Core, 20 Credits Data Management and Visualization
BM9718 - Core, 20 Credits Research Methods and Analytics for Business Practice
In this module you will learn about a comprehensive range of research methods and business analytics techniques. This will equip you with the knowledge and practical skills necessary for you to conduct research at Masters’ level and prepare you to complete a Master’s Dissertation, Consultancy Project or Management Enquiry. By the end of the module you will know how to apply both quantitative and qualitative data collection and business analysis techniques. In quantitative techniques you will learn about sampling, questionnaire design, statistical inference, and hypothesis testing while qualitative techniques covered will include methods such as interviewing and focus groups. Analysis methods such as content analysis and thematic analysis will also be covered. In addition, you will gain some understanding of research philosophy (positivism and interpretivism) and research ethics and you will be able to write a research proposal to bring these ideas together.
Furthermore, this module will provide clear, critical, and analysis of data, you will also be able to consider the use of analytics implementation skills, where you will be introduced to analytics software such as SPSS. SPSS statistics analysis is one of the powerful solutions that is designed to help businesses and researchers to solve problems by various methods (geospatial analysis, predictive analytics and hypothesis testing).
BM9719 - Core, 20 Credits Forecasting and Predictive Analysis
This module aims at educating you in the field of forecasting and predictive analytics to respond to the job market needs using a variety of methodologies. Your journey shall be a quest to distinguish the "True" signal from a universe of "Noise" through the lenses of forecasting and predictive analytics. To be more specific, this module covers the typical methodological steps of a prediction exercise, statistical modelling, and artificial intelligence methodologies for prediction via applications in different business settings. This modules teaches you fundamental techniques used for predictive analytics: regression, classification, clustering, Bayesian and other machine learning approaches and models. You will learn how to perform forecasting using time-based data to predict future values from a model. You will get practice with classification and use various techniques for clustering and linear regression to solve common business problems; as well as learn techniques for assessing the effectiveness of your solutions.
BM9720 - Core, 20 Credits Analytics for Competitive Advance
This module prepares you to develop competitive business strategies by developing key “Hard” skills that are essential in a competitive landscape. In this module you will learn how to use marketing and supply chain analytics to progress your skills on enhancing the functional performance of a modern business. This includes specialised approaches, methods, and techniques that complement your learning with R analytics, SPSS, and SAS in the previous modules. You will be introduced to competitiveness techniques that help you automate, inform, and strategize business processes and enhance the overall value chain. You will practice business analytics in key business areas such as logistics, operations, marketing, and decision support systems. This learning-by-doing (action learning) philosophy will enable you to use “Passive” and “Active” business analytics to enhance your skills for competitiveness and strategizing. Examples of passive analytics software included in this module are KISSmetrics, RetentionGrid, Metrilo, Clicky, and Adobe Marketing Cloud. Each of them will be demonstrated using a practical case study in four functional areas, including procurement/ inbound logistics, operations, marketing, and after sale services.
To strengthen this application of analytics to organisational competitiveness and the pursuit of competitive advantage, you will also participate in a business simulation where you will be exposed to cross-functional business decision making in the pursuit of a competitive business strategy.
A prominent theme throughout this module is to give you experience in contemporary analytics software applications used in the key business functions, and by doing so, this will enhance your employability for graduate-entry analytics roles. In addition to being able to provide critical analysis of data, you will also be able to consider the business implementation and communication skills required. This module emphasises the development of practical skills and techniques required by businesses to help them in strategizing their operations. You will also develop “Soft Skills” relating to communication and conflict resolution as well as enhancing your knowledge of commercialisation and market positioning strategies.
MK9711 - Core, 20 Credits Developing Leadership Capability for Professional Practice
NX0480 - Core, 60 Credits The Newcastle Business School Masters Dissertation
In this module you will gain an understanding of the academic skills that are required to produce a Masters Dissertation. By the end of the module you will have written a 3000 word dissertation proposal and a 15000 word Masters dissertation. The areas included are:
- Justification for the choice of topic
- Appropriate understanding, awareness and critical analysis of existing and up to date literature evidenced by a comprehensive and well-referenced literature review with an extensive reference list
- Selection, justification and application of an appropriately rigorous methodology - including limitations of the approach selected
- Clear statement of the findings of the research
- Critical analysis of the findings
- Explicit links between the analysis and the conclusions supported by critical argument
- Evidence of original work or thought for example in the form or context of the data collected, analytical process or application of findings
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Earn a British Master degree in one year.
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