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The Master’s Programme in Business Analytics is a modern multi-disciplinary programme that is designed to provide graduates with a wide variety of hands-on business analytics skills that are extremely sought-after in the industry today.

Students finishing the programme successfully will be in high demand and have access to interesting positions in business and industry.

The programme focuses on transferring both theoretical knowledge and technical skills in relevant business analytics methods, including data analytics, modelling, simulation, and multiple-criteria decision-making methods, and practical know-how on the use of the methods on real-world data in a real-world business or industrial context. The software and tools applied during the course are standard in the industry.

The programme merges studies in industrial management, corporate finance, software engineering, and applied mathematics in a unique way, providing a very powerful combination of knowledge. Some courses are organised in association with companies to ensure industry relevance and the use of realistic problems and fresh data.

We welcome ambitious students with appropriate background, who are ready to work hard – in return, we offer the tools and know-how to become leading makers of the future in business and industry.

After completing the programme, you will be familiar with a wide range of business analytics methods and be able to model and solve data-based business and industrial problems independently.

You will be able to:

  •  describe and use a wide variety of business analytics methods in a business or an industry context
  • understand how business analytics can be used in business development and in developing industrial processes
  • learn to use and to apply a selection of modern business analytics tools and software to solving real-world problems with real-world data
  • demonstrate hands-on skills in applying business analytics to real-world business and industrial problems

conduct an independent scientific research project, and report on and present it professionally

Degree structure and studies

The Master’s programme in Business Analytics is a two-year study programme. It leads to the degree of Master of Science in Economics and Business Administration, M. Sc. (Econ. & Bus. Adm.), which is 120 ECTS credits.

The programme includes core and specialisation studies in business analytics and minor studies in practical business and industry analytics.

Core studies (19 ECTS credits) include courses on the background, basics, and tools of business analytics and business development, such as information systems in corporate management and decision-making and data bases in business analytics.

Specialisation studies (77 ECTS credits) include courses on topics such as business analysis basics, systems dynamic modelling and simulation analysis, logistics and scheduling analysis, fuzzy data analysis, fuzzy sets and fuzzy logic, financial econometrics and advanced decision-making methods.

Minor studies (24 ECTS credits) include practical business and industry analytics with modern BA tools and their practical application to real-world business problems with real-world data. Courses on topics such as big data in business and industry, machine learning, intelligent systems in business analysis, data mining, marketing analysis, data visualisation and pattern recognition.

The Master’s thesis and seminar, 30 ECTS credits, is a part of the specialisation studies. The thesis is a research project which requires approximately six months of full-time work. It is completed during the fourth semester of the degree programme.

Career prospects

As a programme graduate, you will be a perfect fit for the business development and business analytics teams of global corporations and SMEs.

Hands-on skills in business analytics are in very high demand globally – there is a great shortage of business analytics professionals on the market.

The programme is practical and career-oriented and gives you a unique multi-disciplinary education in technology and business, which is highly valued in the corporate world and industry.

You will be prepared for a career in business analytics and analytical business development, whether as an analytics professional in an industrial or a service company or as a consultant. Entrepreneurship is also a realistic possibility with the pragmatic skill set you will acquire.

Interested in applying to the Master’s Programme in Business Analytics?

Make one of the most important decisions for your future and study with us – we promise you to make your investment worthwhile.

Every year a great number of students from all over the world start their studies on the Green Campus of LUT.

Why not become one of the next ones to join us?

You can apply to this Master’s programme through either the rolling or the regular admission process:

Eligibility

Requirements for the Completed Degree

Degrees Completed in Finland

  • Bachelor of Science in Economics or Business Administration
    Kauppatieteiden kandidaatti
    Completed in a University
    Having already completed a degree Kauppatieteiden maisteri at the time of applying or, completing it before starting the LUT Master’s studies makes you ineligible to apply.
  • Bachelor of Business Administration
    Tradenomi (AMK)
    Completed in a University of Applied Sciences
  • Master of Business Administration
    Tradenomi (YAMK)
    Completed in a University of Applied Sciences

    • Previous degree completed: Tradenomi (AMK)
      > You are required to apply with the degree Tradenomi (AMK).
    • Previous degree completed: Bachelor’s Degree (AMK) in a field other than Business Administration
      > You are required to apply with the previous Bachelor’s Degree (AMK)
      Copy for the Degree Certificate for Tradenomi (YAMK) to be included in the application documents to get exempted from taking the GMAT Test or GRE General Test. 
  • Bachelor’s or Master’s Degree in a field other than Business Administration
    Completed in a University
  • Bachelor’s or Master’s Degree in a field other than Business Administration
    Completed in a University of Applied Sciences
    GMAT Test or GRE General Test with minimum required score/s required. Further information at Required Documents > GMAT and GRE General Tests.

Degrees Completed Worldwide (excluding Finland)

  • Bachelor of Science in Economics or Business Administration – All countries
    Completed in a University
    Having already completed a Master’s Degree in Economics/BA at the time of applying or, completing it before starting the LUT Master’s studies makes you ineligible to apply.
  • Bachelor of Business Administration – EU/EEA countries
    Completed in a University of Applied Sciences
    Having completed a Master’s Degree in BA still makes you eligible to apply, but only when applying with a Bachelor’s Degree.
    Both the above mentioned degrees have to meet with the following criteria:

    • The degree must be equivalent to a similar Finnish Bachelor’s Degree regarding to number of academic years and ECTS credits required.
    • The degree must give you eligibility to apply to university level Master’s studies in the country where the degree was completed in.
    • A minimum of 80 ECTS credits of studies in Business Administration to be included in the degree.
  • Bachelor’s or Master’s Degree in a field other than Business Administration – All countries
    Completed in a University
    GMAT Test or GRE General Test with minimum required score/s required. Further information at Required Documents > GMAT and GRE General Tests.

NOTE: The Admissions Committee for the programme reserves a right to decide whether the degree and the completed studies provide the applicant with eligibility to apply to the programme.

 

Requirements for the Degree Awarding University

The university awarding you the degree that you are applying with must be an official and recognized part of the national education system and has to be listed on the World Higher Education Database WHED by International Association of Universities.

 

Possibility to Apply as Undergraduate

You are eligible to apply as undergraduate and if admitted, you must

  • Complete your degree by July 31, 2019
  • Mail an officially certified copy of your Degree Certificate and Transcript of Records together with the official translations (if applicable), to LUT Admissions Services in a way that they are received by August 5, 2019 at 15:00 (GMT +2)
    • Degrees completed in certain countries require you to follow the country-specific document requirements for authenticating and/or delivering your educational documents.
    • Prepare yourself for a long period of time required for the authentication process before being able to mail us the documents.

 

Requirements for Proficiency in English

Accepted Language Tests

One of the following language tests in English with at least the minimum score mentioned is required for you to prove your proficiency in English:

NOTE: A Language Certificate issued by your home university or any other institution or organisation is not accepted.

When a Language Test Result is Not Required?

Validity for the Language Test

Your language test result has to be valid at least on the first day of the application period i.e. on December 3, 2018. If not, you are required to take a new language test as you will not be eligible to apply with an expired language test result.

All the language test results accepted by LUT are valid for two years from the date of taking the test.

 

Minimum Requirement for Programme-Specific Studies

To possibly get admitted, you must have completed

A minimum of 80 ECTS credits of studies in Business Administration

 

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