M.Sc. Business Analysis and Consulting (online study)

University of Strathclyde in Glasgow

Application deadline: As soon as possible
Tuition fee:
  • € 8,500 / Year (EEA)
Start date: September  2014
Languages:
  • English
Location:
Delivery mode: On Campus Online
Educational variant: Part-time, Full-time
Attendance: No Attendance

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Description

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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. Additionally, students working on the full time course will get an opportunity to take part in the apprenticeship scheme.

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

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.

Requirements

You are expected to have a second class (2.2 or above) Honours degree or equivalent, have evidence of proficient command of English (for more details, please refer to question 4), and provide two reference letters (at least one of them should be academic). You are also recommended to write a brief personal statement about your background and why you would like to study in our MSc programme(s).

The Business Analysis and Consulting (BAC) course is designed to take students with a wide variety of first degrees. Many students have first degrees in business, economics, engineering and the social sciences. However, we encourage applications from other backgrounds as well.

In comparison the Operational Research (OR) course has more quantitative elements. Most students have first degrees in mathematics, natural sciences, economics, or engineering. However, we encourage applications from other backgrounds as well.

English Language Requirements

IELTS band: 6.5
TOEFL iBT® test: 95

Funding

We have a number of studentships (fee-waiver only) available for excellent Home/EU students (with a First Class degree or equivalent) for the MSc OR programme with entry in 2013/14. The applications are due 10th of May, 2013, and to be submitted to kerem.akartunali@strath.ac.uk with a cover letter. Details can be found on the MSc OR programme information page.

For students resident in Scotland, there is also SAAS funding available.

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