Masters (MSc) in Business Analytics in UK | All you need to Know

September 19, 2024

Ishita Soni

Business Analytics in UK

This is one of the best courses for international students in the UK. Business analytics helps companies understand their past performance to improve their future planning. There is a growing demand for professionals in this field, as both start-ups and established businesses need skilled analysts to succeed.

Some popular programs include:

• BSc in Data Science and Business Analytics
• MSc in Business Analytics
• MSc in Business Analytics and Management Sciences
• MSc in Business Analytics and Big Data

Overall, these programs offer great opportunities for students looking to excel in this field.

Why you should study this course (Business Analytics)

In today’s competitive global market, businesses need skilled analysts who can forecast future results and evaluate past decisions to understand why certain outcomes happened.

This course is designed to give you a real-world perspective on business analytics. You’ll learn to use descriptive and predictive modeling techniques to help organizations improve performance, explore options, and analyze data in a fast-changing environment. It’s aimed at individuals with strong numerical skills who want to develop quantitative and data mining abilities to solve business problems by turning data into valuable insights.

Best UK Universities for a Master’s in Business Analytics

As mentioned earlier, the UK has many universities and colleges that offer internationally recognized Master’s degrees in Business Analytics. Below is a table listing the top UK universities for an MSc in Business Analytics, ranked by QS and Times Higher Education (THE) World University Rankings 2023. This information will help you make an informed choice when selecting a university for your Master’s program.

Eligibility Requirements for MS in Business Analytics in the UK

To apply for the MSc in Business Analytics in the UK, you need:

1. A Bachelor’s degree from an internationally recognized university in Management, Engineering, or a related field.
2. At least 60% overall in your Bachelor’s degree or equivalent.

These criteria are common, but each university may have specific requirements, so check with the one you’re applying to.

Additionally, you’ll need to submit:

• An updated CV or resume
• A letter of recommendation
• Academic transcripts
• A Statement of Purpose (SOP)
• Test scores (GMAT or GRE)
• English proficiency test scores (IELTS, TOEFL, or PTE)

Requirements may vary by university, so confirm what’s needed for your application.

Cost of Studying for a Master’s in Business Analytics for Indian Students

The cost of studying for a Master’s in Business Analytics in the UK varies by university. Factors like the university’s location and global ranking can affect the fees. Therefore, it’s important to check the specific costs with the university before applying.

For Indian students, tuition fees are typically between GBP 21,900 and GBP 37,300 per year. This amount usually covers only the tuition. Additionally, international students need to consider extra costs, such as pre-arrival expenses, application fees, and registration fees. Moreover, accommodation and living expenses also contribute significantly to the overall budget while studying in the UK.

Duration and Syllabus for Masters in Business Analytics Courses

A Master’s program in Business Analytics at UK universities usually lasts 1-2 years. This intensive course offers specialized training to help students tackle real-world business challenges. However, the duration may vary slightly between universities based on their specific curriculum.

Since students typically have a Bachelor’s degree in a related field, the program focuses on advancing their knowledge and practical skills. The MSc in Business Analytics provides many opportunities for deeper learning and applying skills in real business situations.

The curriculum covers several core subjects, including:

• Big Data Analytics
• Predictive Analytics
• Experiential Learning
• Financial Accounting
• Building and Managing Teams
• Project Management for Analytics Projects
• Analytics for Competitive Advantage

 Conclusion

Pursuing a Master’s in Business Analytics in the UK is a great choice for international students, especially those from India. The course equips you with essential skills to analyze business data and make informed decisions, preparing you for a growing job market. With a duration of 1-2 years, you will study various core subjects that are crucial for tackling real-world challenges.

As you consider your options, remember to check the specific requirements and costs for each university, as they can vary. Overall, this program offers valuable opportunities for anyone looking to excel in the field of business analytics.

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