Join. The units of study listed in the following table are those available for the current year. when they talked more about open positions' eligibility, employers did mention that they'd like more technical backgrounds as BIS doesn't involve coding / nitty gritty tech stuff / math. Press J to jump to the feed. Little bummed out they didn't call it Maths and Financial Stats. A STEM-designated program, MSBA students are trained to become data storytellers and business strategists prepared to make data-driven decisions that increase their impact. Business analytics is concerned with the fast-growing areas of online analytics, customer analytics, and business intelligence. While I have worked in client management and corporate development and am a Master’s degree in business administration in marketing, in every move I have found my graduation in IT is coming out to support my progress on the professional front. It involves extracting, summarising and applying information from rich data sets readily available in today's business environment to enable better decision making based on quantitative information and models. The BA subjects, including most of the 3rd year electives are not very "technical", they heavily focus on application, often without explaining how/why things work (at least in my opinion). Yeah, that's what I was going to do initially before I found that FMAS would be better for a quant role. People who've done or are doing the business analytics major, I was just wondering what you thoughts on it are. In comp sci, pretty much every assessment is individual. Study in our ultra-modern Abercrombie Building. What it sounds like is a BA could accomplish the role of a BIS but not the other way round... New comments cannot be posted and votes cannot be cast. science, technology, engineering, math and business degrees). The critical thinking method developed over four years during my graduation, has been instrumental in my … It involves extracting, summarising and applying information from rich data sets readily available in today's business environment to enable better decision making based on quantitative information and models. Discrete Optimization is basically Linear Programming, there's also a few Data Mining/Analytics subjects in Computer Science (most of which are in postgrad, but if you have a high enough WAM , they'll let you do them). . My main concern is that Business Information System might not be regarded as a "serious" major and since I hope to do a masters, in the long run, it might not be as useful. In general how your experience has been. Online. Today, the current market size for business analytics is $67 Billion and for data science, $38 billion. That said, you seem like you already have a very strong analytical background, especially from a finance perspective. Currently a second year B Com / LLB student majoring in Finance, HOWEVER, I've been really interested … Business Analytics is concerned with using business data to … I just don't want to shoot myself in the foot by taking 2 highly analytical majors and lug around a low WAM. Communicating Business Analytics Results 5. Career-wise I have found consulting interesting and don't really see myself as a programmer. 6.2k. Would love to hear some opinions/thoughts. Business Analytics Major Hi everyone, could anyone who have done business analytics major give me an advice which unit are particularly hard than other and what should i … While you could self-study Computer Science, I feel like it would be much easier to just take it as a major since you aren't really sacrificing all that much by not doing BA. Members. Created Jan 18, 2011. Thanks for your help! Economics is a good pairing with business analytics (and indeed econometrics). Press question mark to learn the rest of the keyboard shortcuts. The unofficial subreddit for the University of Sydney. If you look at the CS curriculum, a lot of the Computer Science subjects cover the content in most of the business analytics subjects e.g. Key Highlights Business analytics is concerned with the fast-growing areas of online analytics, customer analytics, and business intelligence. Have you considered the Data Science major since it combines CS, stats, and BA? As some people have commented already, I don't think the Business Analytics major would be better than Computer Science. Planning to start my Bachelors in Commerce at University of Sydney. I want to work in a highly technical financial quant role in the future, so I'm already doing financial maths & stats. The Data Analytics for Business specialisation enables students to master the tools of quantitative analysis and apply them in a business setting. Through great strides in technology and an increase in available data, harnessing the power of analytics in business is easier than ever. (Actuarial Risk Analytics, Advanced Analytics, etc), I'm willing to bet that your 3rd year stats units will cover a lot of what you learn in those subjects. Business Analytics Principles, Concepts, and Applications What, Why, and How Marc J. Schniederjans Dara G. Schniederjans Christopher M. Starkey 83. Ranked in 2020, part of Best Business Schools. Since both data sci and FMAS are run by the school of maths & stats, they share a lot of core units so I wouldn't be learning that many new things if I did both of them. BA covers content more focused on statistics and machine learning (or linear programming if you liked that Simplex stuff from FMAS), whilst comp sci covers content more focused on how modern computer applications are designed to be computationally efficient when scaled with large inputs. The major I'm taking is business analytics and minor in Environmental studies. Thanks for the response! Press question mark to learn the rest of the keyboard shortcuts. But to give the whole picture, if you're interested in BIS and you take it as a supplementary major / minor, there are still various opportunities around and Big 4 companies like PwC do partner with the Info systems association on campus to do mentoring programs and cocktail evenings etc:) There is a slight move towards emphasis on Infosys (tho not necessarily a greater one than Analytics). It is suggested that learners have a working knowledge of Excel and high-level understanding of programming instructions. The BA subjects, including most of the 3rd year electives are not very "technical", they heavily focus on application, often without explaining how/why things work (at least in my opinion). It is a heavy maths and stats. The Graduate Certificate in Business Analytics is designed for professionals who are looking to upskill in business analytics and technical database management skills. Advanced Business Analytics Capstone. I do both BA and comp sci. I'm not sure if this bothers you in your financial math units or not but if it does, I'm willing to bet that it will if you do BA. Also since you are planning to work as a Quant you will most likely need to be a relatively proficient programmer, specifically you should probably want to familiarize yourself with the most common Data Structures/Algorithms which you would definitely learn if you take CS. You shouldn't force yourself to do something if you don't really like it, so just make sure you pick something that you won't regret, it will save you a lot of time and anguish. I'm torn between business analytics and business information systems for my second. SOP For MS In Business Analytics. Hey m8, doing a bachelor of engineering/bachelor of commerce with my major in business analytics (BA). This involves building models of business problems and analysing business data. As some people have commented already, I don't think the Business Analytics major would be better than Computer Science. It goes through the theory, but the assignments are usually very practical from a business standpoint, where you analyse business cases and data. Defo speak to people in BIS to get a better idea of what it entails! I've finished my BA major and I absolutely loved it. New comments cannot be posted and votes cannot be cast. I do have some exposure to advanced maths and did fairly ok but I didn't really enjoy it. Graduate Certificate in Commerce. I figured that BA would be much more technical than the other commerce majors (thank goodness), and it's nice that both majors have applications in AI, since I really wanted to learn some AI stuff. FMAS is technically 2 majors if u pick both applied math and statistics units. So people could run around telling everyone they study Mafs. The Master of Business Analytics is a unique transdisciplinary program of study in business analytics. However, I'm kinda stuck between computer science and business analytics for my second major. I'll try to contact the faculty to get a better idea of the majors as the write up is pretty brief on the website. And as more companies look to data for solutions, business analytics professionals fill the growing need for data expertise.But there are particular hard and soft skills you need to have a successful analytics career and thrive in the world of big data. based on what friends from both disciplines have told me, biz analytics is very technical and a lot harder (quite a few of my friends have dropped out) whereas info systems is relatively easier and may be better taken in conjunction with another major as a supplementary skill! I did some QBUS units from the business school and its so fucking shit and badly taught compared to the BSci math units. Most subjects involve at least one group assignment so you'll learn the standard teamwork stuff. ANOP 400. Business Analytics Practicum. commerce: business analytics v finance major Hello!! By using our Services or clicking I agree, you agree to our use of cookies. Business Analytics may be a bit cruisy for you, and you may stand to gain a lot more from comp sci (you likely will have covered all the content from the earlier BA units already). Overall, I think you learn a lot more useful skills in comparison to other majors. To keep up with the demand and fill the talent void, colleges and universities are developing innovative master's degrees in business analytics that are ideal for recent undergraduates with a quantitative background (i.e. Cookies help us deliver our Services. Also can you elaborate on FMAS being 2 majors if I pick applied math & stats units? You're definitely right about comp sci being more suited towards a quant role though. I would highly recommend looking at computer science and it's subject choices. You have subjects all the way from actuarial risk analytics to project management. I'm thinking the focus on business data and cases as you mentioned will probably be very beneficial, even if I end up cruising through the technical concepts in the earlier units (at the least it'll be free WAM!). However, I hear that recently, there has been a push to place more emphasis on the programming aspect. Press J to jump to the feed. 1 Credit. As for the more specialized business stats e.g. They're similar in that they can both be applied to machine learning and AI, but the foundations are different. Heard there was a bit of programming and math/stats involved (personally haven't got the best math background). Offered Either Fall or Spring; Lecture hours:3 A culminating experience course where student teams collaborate with external clients in the private, public, and non-profit sectors to work on a semester long project leveraging the skills and concepts acquired within the Business Analytics major. But there’s one indisputable fact – both industries are undergoing skyrocket growth. It's pretty technical, with a big focus on statistics, data analytics and a little bit of machine learning. So i would stick to doing that. Interesting that you do both! Top posts november 30th 2019 Top posts of november, 2019 Top posts 2019. help Reddit App Reddit coins Reddit premium Reddit gifts. 3. Business Analytics for Decision Making 4. Data Analytics for Business. In the end this is just my personal opinion. “Business Analytics” and “Data Science” – these two terms are used interchangeably wherever I look. Business Analytics introduces students to the quantitative methods they will need to thrive in the modern business world. Damn haha really? The unofficial subreddit for the University of Sydney. Also, many law firms nowadays moving towards tech look for expertise in info systems for organising their databases effectively etc (in my firm, the technical analysts are very very useful in this regard). My concern is that I am not the best at math and have next to no knowledge regarding programming. Hope this helps and good luck! The Discipline of Business Analytics engages in all aspects of data analysis, making forecasts and building models to enable better management decisions – vital assets to every business area. Yeah I expected BA to not be very technically rigorous, but I feel like that might be a good thing if there's more focus on business application, since the FMAS major should be able to fill in any technical gaps I experience. Students may also include any units of study, which are additional to those currently listed, which appear under these subject areas in the Business School handbook/website in subsequent years (subject to any prerequisite or prohibition rules). Access our dedicated Careers and Employability Office for specialised services that will help you achieve your career aspirations. Most units in the BA major have no presentation component, but almost all assignments involve writing at least one group report. I'm torn between business analytics and business information systems for my second. Business analytics research requires a rigorous approach to model formulation and estimation as well as the skills to analyse the outputs of these models. There are many roles (such as in economic consulting or government) where you would test or … You don’t specify your age, current education, or if you’re looking at undergrad or masters studies, and the answers are different depending on all these factors. my info system friends went to career nights / cocktail evenings and spoke to employers, but many of whom weren't quite sure what exactly info systems entailed. Why study business analytics with us? BCom Business Analytics Major. I don't have much business knowledge at all since all of my HSC subjects were on the analytical side, and I feel like I could catch up on comp sci stuff through online material if I have to. A business analytics MBA prepares professionals to work for data-focused businesses. Therefore, it is likely that I will have a pretty hard time catching on to the material given in class. You will need to learn how to do programming in either major. This is an intermediate level course and requires some background in statistics. ; Learn from academics who are leaders in their field. Tbh neither of them are very "soft-skills" oriented when compared to every other commerce major. How technical is it? I'm doing BComm/Adv studies and definitely plan to major in Economics. I study BCom/Adv Computing and wondering if anyone had any info on the Business Analytics Commerce Major. Hey guys, I need a bit of help deciding one of my majors. Business Analytics. However, there are a lot of senior electives so you can make it as "soft" or technical as you like. I've heard that large firms favour candidates with a technical background and BA does align with that. How soft-skills oriented is it? The unofficial subreddit for the University of Sydney. Data analytics meets business strategy in a 12-month, evening and weekend, Master of Science in Business Analytics program at the UW Foster School of Business. Additionally, the programming we did was quite limited (and was largely dependent on the student). I did Statistics major and talked to a guy who have completely changed from business analytics major to Statistics/Maths major in Sci degree, he told me it is all about Stats/Maths and if you really enjoy Maths then change to Stats/Maths major because if you dont then you would possibly think the major is trash And I absolutely loved it of online analytics, customer analytics, and BA and minor in studies... Pretty much every assessment is individual the rest of the keyboard shortcuts next no! Current market size for business specialisation enables students to master the tools of quantitative analysis and them. Business problems and analysing business data 2 majors if I pick applied and. Project management was a bit of help deciding one of my majors Reddit. Since it combines CS, stats, and business strategists prepared to make data-driven that... 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