2016 - 2017 Graduate Catalog [ARCHIVED CATALOG]
Master of Science in Business Analytics
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Program Description
The MSBA program is designed to provide a deep-dive into analytic methodologies within the context of business applications. Specifically, our program will teach four key areas of business analytics: business acumen, applied mathematics, computing technologies and communicating with impact. These skills will allow you to ask the right business questions, build the right models, use those models to perform the right analyses, and tell the right story by interpreting and conveying the results with impact.
The Master of Science program will require full-time enrollment for 30 credits of intensive coursework in business analytics over two semesters. The curriculum is highly progressive and structured with all students completing a plan of study where business context is taught first, followed by a deep dive into analytic applications and culminating with a capstone project where real business problems with be analyzed and solved.
The MSBA program is offered through Mason’s Operations and Information Systems Management (OISM) area. These OISM faculty members are uniquely trained in the techniques taught in business analytics programs at prominent institutions, including Stanford University, University of Michigan, Michigan State University, and University of Washington. Their fields include operations research, industrial engineering, business, and information technology. In addition, these faculty members have all been actively engaged in real-world applications of business analytics through their consulting activities.
Academic Calendar
This schedule is tentative and subject to change. The MSBA program is a ten-month, face-to-face, residential program that is taught on-site at the Mason School of Business in Miller Hall by faculty in the Operations Information Systems and Management (OISM) area.
2016
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FALL SEMESTER
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August 22-23
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Orientation
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August 24
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Beginning of Classes for MSBA Cohort (Wednesday)
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September 5
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Labor Day - Classes in Session (Monday)
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September 28
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Notice of Candidacy forms due (Wednesday)
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October 8-11
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Fall Break (Saturday-Tuesday)
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November 23-27
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Thanksgiving Holiday (Wednesday-Sunday)
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December 12
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Examination Period (week of 12/12)
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2017
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SPRING SEMESTER
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January 4
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Fall Semester Grades Due (Friday, 9:00am)
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January 13-17
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Orientation/Martin Luther King Holiday - NO CLASS (Monday)
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January 18
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Beginning of Classes for second semester MSBA Cohort (Wednesday)
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March 4-12
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Spring Break (Saturday-Sunday)
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May 2-8
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Capstone Project Presentations
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May 10
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Spring Semester Grades Due (Wednesday)
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May 13
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Commencement (Saturday)
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Fact Sheet/Tuition
Master of Science in Business Analytics:
The MS in Business Analytics Program consists of full-time enrollment of intensive coursework in business analytics over two semesters, with each semester’s course load totaling 15 credits for a total of 30 credits. Students will complete a single plan of study together as a cohort.
You will emerge from this program with the requisite analytic skills to work with big data sets such as machine learning and artificial intelligence and to solve complex problems from multiple perspectives. This curriculum is highly structured and the courses are specific to business analytics. The foundation course, “Competing through Business Analytics” will introduce you to the context of business, including familiarity with the functions of companies, key concepts, and the basic language of business. Next, coursework in Analytic Methodologies will provide a comprehensive coverage of important analytics tools. Examples, problems, and projects in each course will be introduced in a business context to further develop your business acumen. Areas of application include web analytics, social media analytics, customer behavior, accounting/auditing, supply chain management, human resources, and finance. Additional courses in Analytic Methodologies will provide in-depth exposure to more advanced business analytics techniques such as working with big data, heuristic algorithms, data visualization and artificial intelligence.
The program will teach you how to effectively communicate insights from data clearly and succinctly such that the relevance and importance of the message being communicated is readily apparent to managers. Critical characteristics of communicating with impact in a business setting are describing insights comprehensively yet in a succinct fashion and also describing complex analytical results using non-technical managerial terminology. Course assignments will focus on these skills.
Length of Program:
One year (10 months)
Format:
Our intensive ten-month curriculum will teach you the requisite analytic skills to work with big data sets such as machine learning and artificial intelligence and to solve complex problems from multiple perspectives. The curriculum provides a “book-end” approach where business context is taught first, followed by intensive analytic methodology coursework, and ending with a final business application capstone project. Interwoven in each course in the program will be assignments which will require you to analyze data and present it in at least one of the common modalities used in business including verbal communication with presentation software such as PowerPoint or by written communication such as white papers, memos, and reports.
Business Foundation Course | 3 credits
Competing Through Business Analytics (3 credits)
Analytics Methodology Courses | 24 credits
Optimization (3 credits)
Intermediate Probability & Statistics (3 credits)
Machine Learning 1 (3 credits)
Database Management (3 credits)
Big Data (3 credits)
Heuristic Algorithms (1.5 credits)
Data Visualization (1.5 credits)
Machine Learning 2 (3 credits)
Artificial Intelligence (3 credits)
Capstone Course | 3 credits
Business Analytics Capstone Project (3 credits)
The program will end with a business analytics capstone project in which you will apply the tools you have learned in the program to projects hosted by companies. Your team will define and frame a complex problem from a real business entity, develop a systematic approach to solving it using analytics, generate an innovative solution and persuasively convey that solution using data visualization techniques and communication skills. Multiple projects will be offered focusing on a variety of business contexts which will allow you to find a project topic that aligns with your interest or background. Each project will be supervised by a faculty member and will provide you with a deep understanding of the techniques you have studied.
Admissions Requirements:
The Master of Science in Business Analytics is designed for individuals who want to work in the field of data science and Big Data. This field requires extensive academic training so our best candidates will be those with strong quantitative skills, an inquisitive mind, good communication skills and a successful undergraduate track record with heavy course work in subjects such as: mathematics, statistics, computer science, business and economics. The following items are required to apply to the MSBA program:
- Application (on-line form)
- $80 application fee (waived for military and W&M students/alumni)
- GRE/GMAT can be waived for applicants with an undergraduate GPA of 3.25 or above from an accredited U.S. institution
- Academic Transcripts
- Two letters of recommendation
- Personal Statement
- Resume & Employment History
- Interview
- TOEFL or IELTS for non-native speakers of English who did not obtain their undergraduate degree after a full course of study at a university in an English-speaking country.
Please see our website for more information on specific admission requirements: http://mason.wm.edu/programs/msba/admissions/process/requirements/index.php
Prerequisites
Prior to enrollment into the MSBA program, coursework and experience in probability, statistics, R and Python programming is required. Also, for non-business undergraduate majors, pre-requisite courses courses are required that show an understanding of the Foundation of Business, namely Finance, Financial Accounting, Marketing and Operations Management. For more detail on how to fulfil the MSBA prerequisites, please see this link: http://mason.wm.edu/programs/msba/admissions/prerequisites/index.php
Tuition
Full-time Graduate Business Tuition rates for the 2016-2017 academic year are available on this site. The Full-time MSBA program offers limited financial assistance through scholarships. MSBA students may also be eligible for student loans. The cost of room, board, a laptop, books and supplies will vary depending on individual needs.
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