Business Analytics

The Master of Science-Business Analytics trains students to create business strategies using data and statistics. Professionals in this rapidly expanding field use algorithms and formulas to uncover patterns and trends in aggregate data, then apply that knowledge to real-world business problems. The degree is open to students with strong quantitative and analytical skills, regardless of their undergraduate major. The program includes a large number of courses involving statistical analysis.

The program is offered on campus, and a few of the courses are also occasionally available on-line. You may enroll on a full- or part-time basis during the fall and winter semesters, and some courses are often available during the summer. The program usually can be completed within 12 months of full-time study.

Admission is rolling, and you may begin the program in September or January. May admission is also usually possible for part-time students.

University of Michigan-Dearborn students who have been admitted to the MS-Business Analytics may take up to 6 graduate credits during the final semester of their undergraduate program.

MS-Business Analytics Program Goals and Objectives

Goal 1: Students will acquire discipline-specific knowledge in business analytics.

Objectives: MS-Business Analytics students will:

  • Evaluate business analytics approaches.
  • Evaluate relevant business analytics tools and techniques.

Goal 2: Students will develop analytical skills for business problems.

Objectives: MS-Business Analytics students will:

  • Formulate business analytics problems.
  • Synthesize relevant business analytics information.
  • Evaluate business analytics solution alternatives.

MS-Business Analytics Admission Prerequisites

  • Mathematics admission prerequisite

MS-Business Analytics Curriculum

Core Courses
DS 520Applied Statistical Modeling3
DS 570Management Science3
DS 630Applied Forecasting3
DS 631Decision Analysis3
DS 632System Simulation3
DS 633Data Mining for Business Appl3
Concentration
Select one of the following concentrations:12
Total Credit Hours30

Courses may not be taken off campus except by prior permission of the Academic Standards Committee. Permission is granted only in the case of unusual, extenuating circumstances.

Previous coursework deemed substantially similar to ACC 505, BE 530, DS 520, FIN 531, ISM 525, MKT 515, OB 510 and OM 521 may qualify to exempt students from those courses. Exempt courses must be replaced with other approved courses in the degree program.

In addition, up to 6 transfer credits for previous equivalent graduate coursework can be applied to the degree if those credits have not been counted toward a degree.

Exemptions and transfer credit are granted at the discretion of the program faculty.

Concentrations

Financial Analytics

Select four courses from:12
ACC 505
Devel & Interp Financial Info 1
BE 530
Econ Analysis: Firm & Consumer 1
DS 635
Analytics Experience Capstone 2
FIN 531
Fin Fundament & Value Creation
FIN 581
Topics in Corporate Finance
FIN 650
Corporate Valuation & Strategy
FIN 651
Invstmnt Proc, Analysis & Mgmt
FIN 652
Derivatives & Risk Management
FIN 653
Topics/Investments & Cap Mkts
FIN 655
International Financial Mgt
FIN 656
Fixed Income Securities
BA 690
Graduate Research
BA 691
Graduate Seminar
Total Credit Hours12

Human Resource Management Analytics

Required:9
HRM 561
Human Resource Management
HRM 580
Compensation and HR Analytics
OB 510
Organization Behavior
Select one course from:3
DS 635
Analytics Experience Capstone 2
HRM 613
Legal Issues in Managing People
OB 610
Intrnatl Dimensions of Managmt
BA 690
Graduate Research
BA 691
Graduate Seminar
Total Credit Hours12

Informational Management and Coordination Analytics

Select one course from:3
ISM 525
Computer and Info Systems
ISM 641
Enterprise Architecture Netwrk
ISM 644
IT Policy and Strategy
Select three courses from:9
DS 635
Analytics Experience Capstone 2
ISM 575
Information Management
ISM 642
Information Assurance
ISM 649
Business Intelligence
ISM 650
Information System Quality
BA 690
Graduate Research
BA 691
Graduate Seminar
Total Credit Hours12

Marketing Analytics

Required:6
MKT 515
Marketing Management
MKT 564
Graduate Marketing Research
Select two courses from:6
DS 635
Analytics Experience Capstone 2
MKT 534
Sales Management and Personal Selling
MKT 565
Advanced Marketing Management
MKT 620
Understanding Customers
MKT 621
Advertising and Promotion
MKT 622
Global Marketing
BA 690
Graduate Research
BA 691
Graduate Seminar (In order for BA 691 to be an option, it must be a marketing topic. )
Total Credit Hours12

Supply Chain Analytics

Select four courses from:12
DS 635
Analytics Experience Capstone 2
ISM 525
Computer and Info Systems
OM 521
Operations Management
OM 571
Supply Chain Management
OM 660
Supply Chain Analytics
OM 661
Supply Chain Logis Mgmt
OM 662
Product Dvlpmnt & Tech Mgmnt
OM 663
Lean & Six Sigma
OM 664
Strategic Sourcing
OM 665
ERP in SCM
BA 690
Graduate Research
BA 691
Graduate Seminar
Total Credit Hours12
1

Students may elect either ACC 505 or BE 530 as credit toward the Financial Analytics concentration but not both.

2

 Students must receive department approval.

Learning Goals

Goal 1–Students will acquire discipline-specific knowledge in business analytics.

  • 1a. Students will evaluate business analytics approaches
  • 1b. Students will evaluate relevant business analytics tools and techniques.

Goal 2–Students will develop analytical skills for business problems.

  • 2a. Students will formulate business analytics problems.
  • 2b. Students will synthesize relevant business analytics information
  • 2c. Students will evaluate business analytics solution alternatives.