Business Analytics (Industry) BSc Hons

Program Overview

The BSc Business Analytics (Industry) is a full-time, four-year program that equips students with the skills to analyze data and solve business problems. Graduates are skilled in analyzing data, statistical thinking, project management, and consulting. They are prepared for careers in finance, consulting, data analysis, and other industries.

Program Outline

Degree Overview:

The BSc Business Analytics (Industry) is a four-year, full-time program designed to equip students with the skills needed to analyze data and solve modern business problems. The program is academically rigorous and focuses on teaching the core skills of analyzing data, including statistics, forecasting, and data mining.

Objectives:

The program aims to produce graduates who are:

• Creative
• Technically competent
• Skilled in analyzing data
• Capable of solving real-life business problems
• Skilled in thinking statistically
• Skilled in project management and consulting

Program Description:

• Modern organizations heavily rely on data analysis and technology, and the program aims to train students to deliver these skills and more.
• Students learn how data analysis can be applied to real-world business problems and are taught techniques and approaches that help organizations plan and improve decision-making processes.
• Students learn to use programming tools such as Python and R, spreadsheets, and business intelligence software.
• Students learn to make forecasts, understand complex behavior, and apply their skills to real-world projects.
• Students have the opportunity to participate in a supervised industry placement in their third year, where they can gain practical experience and valuable insights.
• The careers team provides support with internships, placements, and graduate employment.
• Students are eligible to participate in the Lancaster Award, which provides opportunities for work experience, employability awareness, career development, and community engagement.

Outline:

Year 1:

• Core Modules:
• Introduction to Business Intelligence and Analytics
• Introduction to Operations Management
• Preparation for Placement
• Tools and Techniques for Business Analytics
• Optional Modules:
• Economic Principles and Applications B
• Introduction to Accounting and Finance
• Introduction to Entrepreneurship
• Introduction to Marketing

Year 2:

• Core Modules:
• Business Forecasting
• Optimisation
• Professional Skills
• Project Management Tools & Techniques
• Spreadsheet Modelling for Management
• Work Based Learning
• Optional Modules:
• Business Modelling and Simulation
• Digital Business and Organisational Transformation
• Supply Chain Management

Year 3:

• Core Modules:
• Work Based Learning
• Placement: Students will complete a supervised placement in industry.

Year 4:

• Core Modules:
• Business Analytics Project
• Project Management: Negotiation and Decision Support
• Work Based Learning
• Optional Modules:
• Advanced Spreadsheet Modelling
• Business Modelling and Simulation
• Data Mining for Direct Marketing and Finance
• Digital Business and Organisational Transformation
• Supply Chain Management

Module Descriptions:

The module descriptions provided in the context are very detailed, including the learning objectives, content, and assessment methods. Please note that this information is extensive, and it is not possible to include all of the descriptions here.

Assessment:

• The assessment methods for the program are varied and include coursework, exams, presentations, and group projects.
• Some modules have specific assessments, such as a reflective portfolio for the Work Based Learning modules.
• The Business Analytics Project in the final year requires students to develop a comprehensive project management plan and present their work to a professional audience.

Teaching:

• The teaching methods are diverse and include lectures, seminars, workshops, group projects, and case studies.
• The program uses a combination of theoretical and practical approaches, aiming to equip students with the skills they need to succeed in the workplace.
• The program benefits from the expertise of faculty members who have extensive industry experience.

Careers:

• The program opens doors to a wide range of career paths in diverse industries, including:
• Finance
• Consulting
• Data analysis
• Operations management
• Logistics
• Supply chain management
• The skills and knowledge gained in the program are highly sought after by employers, ensuring a competitive advantage in the job market.
• The careers team provides support with CV writing, interview skills, and job searching.

Other:

• The University offers a range of shorter placement and internship opportunities for students who are unsuccessful in securing a placement for their third year.
• The Management School has an award-winning careers team that provides dedicated career and placement services for students.
• The program is ranked among the top 100 in the world for Business and Management and Statistics and Operational Research.
• Lancaster University has a collegiate system, and students are required to pay a small college membership fee.
However, the general assessment methods and some specific assessments are detailed above.

Home Fees:

£9,250

International Fees:

£24,475

Additional Costs:

• There may be extra costs related to your course for items such as books, stationery, printing, photocopying, binding etc.
• Every student belongs to a college, and all students pay a small college membership fee which supports the running of college events and activities.
For students starting in 2023 and 2024, the fee is £40 for undergraduates and research students and £15 for students on one-year courses. Fees for students starting in 2025 have not yet been set.
• To support your studies, you will also require access to a computer, along with reliable internet access.
• The University provides limited financial support to assist students who do not have the required IT equipment or broadband support in place.