Program Overview
The Master of Science in Data Science for Business from BI Norwegian Business School combines advanced data science expertise with a strong business foundation, equipping graduates to create business value from data. The program features a quantitative focus, specialization electives, and an internship option, fostering industry-relevant skills for careers in data science and decision-making roles. Taught in English, this full-time program emphasizes engaging teaching methods and prepares students to address growing industry demand for professionals with both technical and business knowledge.
Program Outline
Degree Overview:
The Master of Science in Data Science for Business program at BI Norwegian Business School aims to provide advanced expertise in data science coupled with a strong business foundation. The program addresses the growing need for professionals who can not only analyze data but also understand its business implications, formulating and identifying business-relevant questions and problems. It emphasizes the strategic necessity of data science in all areas of business and society. The curriculum is designed to equip students with the skills to create business value from data and pursue careers in data-driven organizations. The program boasts a strong quantitative focus, challenging and enhancing technical and analytical skills, and improving the ability to propose, execute, and communicate analytical solutions to complex problems. This collaboration strengthens the link between statistical methodology, machine learning, algorithms, and high-impact applications relevant to society.
Outline:
The program is structured across two years, each comprising 60 ECTS credits. The academic year is divided into two semesters (autumn and spring), with exams at the end of each.
Year 1:
- Autumn:
- Object-Oriented Programming with Python (6 ECTS)
- (Big) Data Curation, Pipelines, and Management (6 ECTS)
- Advanced Statistics and Alternative Data Types (6 ECTS)
- Microeconomics (6 ECTS)
- Accounting, Valuation, and Financial Economics (6 ECTS)
- Spring:
- Predictive Modelling with Machine Learning (6 ECTS)
- Supply Chain Optimization with Mathematical Programming (6 ECTS)
- Trends, Cycles, and Signal Extraction from a Macroeconomic Perspective (6 ECTS)
- Marketing and the Analysis of Experiments and Quasi-experiments (6 ECTS)
- Quantitative Risk and Asset Management (6 ECTS)
Year 2:
- Autumn:
- Data Protection and Ethics in the Modern Business Environment (6 ECTS)
- Deep Learning and Explainable AI (6 ECTS)
- Exchange (ECTS varies, - ECTS indicated)
- Specialization electives/Internship (12 ECTS)
- Master Thesis (6 ECTS)
- Spring:
- Ethics and Sustainability in Organizations (6 ECTS)
- Master Thesis (24 ECTS) Note: The study plan and courses are subject to change. Specific elective courses are not detailed, but the program offers several to allow students to tailor their studies to their interests and goals.
Teaching:
The program emphasizes engaging learning experiences and quality teaching to build a solid skill and competency base. While specific teaching methods aren't detailed, the program's description highlights the involvement of faculty and industry perspectives in shaping the curriculum.
Careers:
Graduates with a Master of Science in Data Science for Business will possess specialized training in data science combined with core business knowledge and skills. This combination addresses growing industry demand and societal needs. Potential career paths include data science positions across various industries (banking, consulting, insurance, technology, innovation), and roles within companies connecting data and programming to strategic decisions, workforce analytics, business innovation, and intelligence. A quote from a PwC Director highlights the value employers place on this combination of technical and business skills.
Other:
The program offers opportunities to customize the degree through elective courses and an internship program. The internship allows students to gain practical experience and enhance their employability. The program is taught in English and is a full-time program. The program is mentioned in relation to other Master's programs offered at BI, such as Business Analytics, Business, and Strategic Marketing Management.
Introduction to BI Norwegian Business School
BI Norwegian Business School is one of Europe’s most prestigious and internationally recognized business schools. Founded in 1943, BI has grown to become the largest business school in Norway and a leading institution in Europe. With its main campus located in Oslo, the school also has campuses in Bergen, Trondheim, and Stavanger, as well as a strong online presence. BI is known for its commitment to academic excellence, innovative teaching methods, and strong ties to the business community.
Diverse Academic Programs
The school offers a wide range of programs tailored to meet the needs of students at different stages of their academic and professional journeys. These include bachelor’s degrees, master’s degrees, PhD programs, and executive education. Popular areas of study include finance, marketing, strategy, entrepreneurship, and leadership. BI’s programs are designed to combine theoretical knowledge with practical applications, ensuring that graduates are well-prepared to tackle real-world challenges in the global business environment.
Global Recognition and International Focus
One of BI’s key strengths is its international focus. The school is triple-accredited by EQUIS, AACSB, and AMBA, placing it among the top 1% of business schools worldwide. This accreditation reflects BI’s commitment to maintaining the highest standards of education and research. Additionally, BI has partnerships with over 200 universities and institutions across the globe, offering students opportunities for international exchange programs, double degrees, and global internships. This global perspective is further enriched by the school’s diverse student body and faculty, representing over 100 nationalities.
Leadership in Research and Innovation
BI Norwegian Business School is also a leader in research and innovation. The school’s faculty members are actively engaged in cutting-edge research across various fields, including economics, management, and sustainability. This research not only contributes to academic knowledge but also informs the school’s teaching and provides students with insights into the latest trends and developments in the business world. BI’s focus on sustainability is particularly noteworthy, as the school integrates environmental, social, and governance (ESG) principles into its curriculum and operations.
Executive Education for Professionals
For professionals seeking to advance their careers, BI offers a range of executive education programs and part-time studies. These programs are designed to provide working professionals with the skills and knowledge needed to take on leadership roles and drive organizational success. BI’s executive education is highly regarded for its practical relevance and focus on real-world business challenges.
Vibrant Campus Life and Alumni Network
In addition to its academic offerings, BI Norwegian Business School provides students with a vibrant campus life. The school’s modern facilities, student organizations, and career services create a supportive and engaging environment for personal and professional growth. BI’s strong alumni network, which spans across industries and countries, further enhances the opportunities available to graduates.
