The Master of Science in Business Analytics and Risk Management (BARM) full-time program equips students to improve decision making processes based on a rigorous treatment of data and information. Students gain knowledge on different types of analytics methodologies, tools used to acquire and analyze data, derive insights from the data, and effectively communicate the results for a better decision making in a volatile business environment. Business Analytics and Risk Management program develops managers and leaders with the knowledge and skills to anticipate and manage risks, while leveraging unique opportunities in chaotic environments.
The program also addresses how to lead and manage organizations during periods of dramatic change or crisis.
A Master of Science in Business Analytics and Risk Management provides graduates with the tools and knowledge to:
- Convert raw data into useful information
- Present that information in compelling ways
- Use information to understand complex decision settings
- Create rigorous approaches to problem solving
- Construct persuasive arguments based on careful analysis
- Use information to diagnose problems
- Use analysis to prescribe approaches to improve performance
- Develop ways to predict future performance
- Improve decision making at all levels
- Add value to any organization in need of more analytical expertise
- Develop a thorough understanding of risk
- Protect shareholder value by managing the downside of risk
Program Requirements
The program requires 36 credits. Part-time students must complete the program within six years.
Curriculum
The curriculum for the Master of Science in Business Analytics and Risk Management program includes the following courses. Course sequence and availability of specific electives may vary. Students must consult with an academic advisor to ensure that they take courses in the approved sequence. All courses are 2 credits.
Code | Title | Credits |
---|---|---|
Business Foundations | ||
BU.210.620 | Accounting and Financial Reporting | 2 |
BU.520.601 | Business Analytics | 2 |
BU.120.601 | Business Communication | 2 |
BU.131.601 | Business Leadership and Human Values | 2 |
BU.231.620 | Corporate Finance | 2 |
BU.350.620 | Information Systems | 2 |
BU.410.620 | Marketing Management | 2 |
BU.680.620 | Operations Management | 2 |
BU.510.601 | Statistical Analysis | 2 |
Functional Core | ||
BU.520.620 | Advanced Business Analytics | 2 |
BU.510.650 | Data Analytics | 2 |
BU.610.615 | Simulation for Business Applications | 2 |
Elective Courses | 12 | |
Students must complete 6 elective courses. At least 2 of these courses must be from the Quantitative Electives section. | ||
Quantitative Electives | ||
Select at least two of the following: | ||
Big Data Machine Learning | ||
Continuous Time Finance | ||
Customer Analytics | ||
Data Science and Business Intelligence | ||
Data Visualization | ||
Pricing and Insuring Risk | ||
Retail Analytics | ||
Supply Chain Analytics | ||
Deep Learning with Unstructured Data | ||
General Electives: | ||
Business Law | ||
Corporate Governance | ||
Crisis Management | ||
Cybersecurity | ||
Enterprise Risk Management Frameworks | ||
Financial Crises and Contagion | ||
Managing Complex Projects | ||
Managing Financial Risk | ||
Total Credits | 36 |