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Business Analysis and Consulting – (M.Sc.)

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Disciplines:
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Application Deadline: as soon as possible
Annual Tuition Fee: ≈ € 5,698 - ≈ € 12,537 (non-EEA)
Location: Glasgow / United Kingdom / View location on map ▾ Hide location on map ▴
Duration: 12 months Start Date: September
Educational Form:
  • Taught
Education Variants:
  • Parttime
  • Fulltime
  • Online education
Languages: English 
-4.2449996,55.8629634

Location of University of Strathclyde Business School (SBS)

The MSc Business Analysis & Consulting course is new for 2009-10. It is a twelve month course (full-time) and will start each year at the end of September.

The course is designed to take students with a wide variety of first degrees.

The programme consists of a mixture of core and optional lecture courses, interspersed with practical exercises and work experience. For MSc candidates, this is followed by an extended external project.

MSc in Business Analysis & Consulting aims to realise the potential of graduates, so that they immediately play an effective role in providing model-based support to managers to help them make better decisions at a strategic level.

Students will develop a rigorous academic understanding of key quantitative business analysis methods in addition to being introduced to models used to support the development of strategy for organisations and enable the monitoring and measurement of strategic processes. Key consulting skills will also be developed in order to effectively support management at a strategic level.


Contents

MSc in Business Analysis & Consulting aims to realise the potential of graduates, so that they immediately play an effective role in providing model-based support to managers to help them make better decisions at a strategic level. Students will develop a rigorous academic understanding of key quantitative business analysis methods in addition to being introduced to models used to support the development of strategy for organisations and enable the monitoring and measurement of strategic processes. Key consulting skills will also be developed in order to effectively support management at a strategic level.

Lecture Topics

The taught part of the course consists of:

Five core classes:

* Foundations of Operational Research and Business Analysis
* Quantitative Business Analysis
* Managing Business Operations
* Spreadsheet Modelling & Demand Forecasting
* Strategy Modelling & Management

A choice of 3 classes from the following:

* Business Simulation Methods
* Business Information Systems
* Risk Analysis and Management
* Performance Measurement and Management

Plus one further core class:

* Becoming an effective Business Analyst

The other taught modules on the programme introduce a variety of techniques, methods, models and approaches to the student. However, the practical reality of applying analytical methods in business is often far removed from the classroom. Working with decision-makers on real issues presents a variety of challenges. For example, data may well be ambiguous and hard to come by, it may be far from obvious which business analysis methods can be applied and managers will need to be convinced of the business merits of any suggested solutions. While traditional teaching can alert students to such issues, understanding needs to be reinforced by experience.

Becoming an effective Business Analyst runs through both semesters of the degree, in parallel with the other classes. It introduces students, mostly through experiential learning, to as much as possible of the practical reality of becoming an effective business analyst and the key skills required to function as an effective consultant in this area.

The class will consist of:

* A series of semi- or unstructured business problems, typically introduced by a manager from an outside organisation. The business problems will typically relate to a topic/technique recently covered in one of the other modules. Students spend time tackling unstructured problems, usually in groups, and present and compare their findings. These sessions include "workshops" in which students analyse real problems presented by managers as guests of the Department (in addition, practitioners give more general talks to the class on business analysis/consulting within their own organisations). Following these case studies reflective sessions will be held which focuses on the development of reflective practitioner skills
* Experience is augmented, and integrated with, the rest of the course by a series of workshops on directly related topics that will provide guidance on key skills development.

IELTS

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Requirements

Applicants should normally expect to have at least a second class honours degree. Most students have first degrees in mathematics, the natural sciences, or engineering.

English Language

Where an applicant's mother tongue is English, or the first degree was done at an institution with English as its language of communication, there is no special requirement. For others the University normally requires a minimum TOEFL score of 600, 6.5 in IELTS, or 250 in a computer based TOEFL test. Pre-sessional courses in English are available.

Additional Requirements

Minimal degree required: Bachelor's degree
Minimal amount of work experience Not specified

Language Proficiency

IELTS Band: 6.5
TOEFL Paper-based: 600
TOEFL Computer-based: 250

Accreditation

There are three international accrediting bodies for business schools. These are :

* AACSB International - the Association to Advance Collegiate Schools of Business, based in the USA
* EQUIS - the quality assurance scheme run by the European Foundation for Management Development (efmd) and based in Brussels
* AMBA - the Association of MBAs, based in the UK

To achieve accreditation by one of these bodies is an achievement in itself. To achieve accreditation by all three bodies is a truly outstanding accomplishment and one to be proud of.


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