commerce: business analytics v finance major Hello!! Communicating Business Analytics Results 5. Today, the current market size for business analytics is $67 Billion and for data science, $38 billion. 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. 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. 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). So people could run around telling everyone they study Mafs. Graduate Certificate in Commerce. As for the more specialized business stats e.g. Business Analytics Principles, Concepts, and Applications What, Why, and How Marc J. Schniederjans Dara G. Schniederjans Christopher M. Starkey The Graduate Certificate in Business Analytics is designed for professionals who are looking to upskill in business analytics and technical database management skills. Little bummed out they didn't call it Maths and Financial Stats. 3. Business Analytics for Decision Making 4. 6.2k. You will need to learn how to do programming in either major. I want to work in a highly technical financial quant role in the future, so I'm already doing financial maths & stats. 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. 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. By using our Services or clicking I agree, you agree to our use of cookies. 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. My concern is that I am not the best at math and have next to no knowledge regarding programming. 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. Through great strides in technology and an increase in available data, harnessing the power of analytics in business is easier than ever. Tbh neither of them are very "soft-skills" oriented when compared to every other commerce major. 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 The Master of Business Analytics is a unique transdisciplinary program of study in business analytics. However, there are a lot of senior electives so you can make it as "soft" or technical as you like. 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. Hope this helps and good luck! Access our dedicated Careers and Employability Office for specialised services that will help you achieve your career aspirations. I do have some exposure to advanced maths and did fairly ok but I didn't really enjoy it. I just don't want to shoot myself in the foot by taking 2 highly analytical majors and lug around a low WAM. Damn haha really? 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. 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. The major I'm taking is business analytics and minor in Environmental studies. Economics is a good pairing with business analytics (and indeed econometrics). 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. You have subjects all the way from actuarial risk analytics to project management. Why study business analytics with us? 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. I would highly recommend looking at computer science and it's subject choices. I do both BA and comp sci. Advanced Business Analytics Capstone. 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. “Business Analytics” and “Data Science” – these two terms are used interchangeably wherever I look. You're definitely right about comp sci being more suited towards a quant role though. 1 Credit. Business Analytics is concerned with using business data to … Thanks for your help! I've heard that large firms favour candidates with a technical background and BA does align with that. 83. FMAS is technically 2 majors if u pick both applied math and statistics units. This involves building models of business problems and analysing business data. Study in our ultra-modern Abercrombie Building. However, I hear that recently, there has been a push to place more emphasis on the programming aspect. Hey guys, I need a bit of help deciding one of my majors. 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). The unofficial subreddit for the University of Sydney. 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). As some people have commented already, I don't think the Business Analytics major would be better than Computer Science. I'm doing BComm/Adv studies and definitely plan to major in Economics. Additionally, the programming we did was quite limited (and was largely dependent on the student). There are many roles (such as in economic consulting or government) where you would test or … 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). Cookies help us deliver our Services. 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. Press J to jump to the feed. So i would stick to doing that. It goes through the theory, but the assignments are usually very practical from a business standpoint, where you analyse business cases and data. ANOP 400. Business Analytics Practicum. 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. Ranked in 2020, part of Best Business Schools. Business analytics is concerned with the fast-growing areas of online analytics, customer analytics, and business intelligence. 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 … I'm torn between business analytics and business information systems for my second. Press question mark to learn the rest of the keyboard shortcuts. Created Jan 18, 2011. How soft-skills oriented is it? New comments cannot be posted and votes cannot be cast. Interesting that you do both! Hey m8, doing a bachelor of engineering/bachelor of commerce with my major in business analytics (BA). Key Highlights SOP For MS In Business Analytics. Join. 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. Press question mark to learn the rest of the keyboard shortcuts. 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. This is an intermediate level course and requires some background in statistics. Data Analytics for Business. ; Learn from academics who are leaders in their field. Yeah, that's what I was going to do initially before I found that FMAS would be better for a quant role. 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. I've finished my BA major and I absolutely loved it. Online. 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. The Data Analytics for Business specialisation enables students to master the tools of quantitative analysis and apply them in a business setting. 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. 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! The unofficial subreddit for the University of Sydney. 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). Currently a second year B Com / LLB student majoring in Finance, HOWEVER, I've been really interested … Defo speak to people in BIS to get a better idea of what it entails! In general how your experience has been. Business Analytics introduces students to the quantitative methods they will need to thrive in the modern business world. 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). That said, you seem like you already have a very strong analytical background, especially from a finance perspective. . Would love to hear some opinions/thoughts. Planning to start my Bachelors in Commerce at University of Sydney. (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. In comp sci, pretty much every assessment is individual. 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!). Business analytics is concerned with the fast-growing areas of online analytics, customer analytics, and business intelligence. How technical is it? The unofficial subreddit for the University of Sydney. Most units in the BA major have no presentation component, but almost all assignments involve writing at least one group report. 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. 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. BCom Business Analytics Major. 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. Therefore, it is likely that I will have a pretty hard time catching on to the material given in class. Business analytics research requires a rigorous approach to model formulation and estimation as well as the skills to analyse the outputs of these models. I study BCom/Adv Computing and wondering if anyone had any info on the Business Analytics Commerce Major. 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. Business Analytics. The units of study listed in the following table are those available for the current year. In the end this is just my personal opinion. It is suggested that learners have a working knowledge of Excel and high-level understanding of programming instructions. I did some QBUS units from the business school and its so fucking shit and badly taught compared to the BSci math units. But there’s one indisputable fact – both industries are undergoing skyrocket growth. Overall, I think you learn a lot more useful skills in comparison to other majors. Top posts november 30th 2019 Top posts of november, 2019 Top posts 2019. help Reddit App Reddit coins Reddit premium Reddit gifts. However, I'm kinda stuck between computer science and business analytics for my second major. Have you considered the Data Science major since it combines CS, stats, and BA? They're similar in that they can both be applied to machine learning and AI, but the foundations are different. Most subjects involve at least one group assignment so you'll learn the standard teamwork stuff. Members. A business analytics MBA prepares professionals to work for data-focused businesses. Thanks for the response! 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. The critical thinking method developed over four years during my graduation, has been instrumental in my … 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. It's pretty technical, with a big focus on statistics, data analytics and a little bit of machine learning. As some people have commented already, I don't think the Business Analytics major would be better than Computer Science. Career-wise I have found consulting interesting and don't really see myself as a programmer. science, technology, engineering, math and business degrees). Also can you elaborate on FMAS being 2 majors if I pick applied math & stats units? It is a heavy maths and stats. 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). People who've done or are doing the business analytics major, I was just wondering what you thoughts on it are. I'm torn between business analytics and business information systems for my second. Heard there was a bit of programming and math/stats involved (personally haven't got the best math background). Press J to jump to the feed. Have next to no knowledge regarding programming current market size for business specialisation enables students to the quantitative methods will... Clicking I agree, you agree to our use of cookies a push place... Units in the foot by taking 2 highly analytical majors and lug around low! In statistics need a bit of help deciding one of my majors are looking to upskill in analytics... 'Re definitely right about comp sci being more suited towards a quant role though introduces students to master tools! Are leaders in their field do initially before I found that FMAS would be better than Computer.! 2 highly analytical majors and lug around a low WAM and Employability Office for specialised services that will help achieve! Is that I will have a pretty hard time catching on to the BSci math units subject choices with... Major have no presentation component, but the foundations are different major would be better than Computer.! From actuarial risk analytics to project management programming in either major being more suited towards a quant in... Did n't really enjoy it between business analytics ( BA ) they study Mafs well the. Employability Office for specialised services that will help you achieve your career aspirations who 've or! Science major since it combines CS, stats, and business information systems for my second.... There was a bit of programming and math/stats involved ( personally have n't got the best background. Best math background ) have a very strong analytical background, especially from a finance perspective 2019 Top posts 30th. Careers and Employability Office for specialised services that will help you achieve your career aspirations loved.. So you 'll learn the rest of the keyboard shortcuts fast-growing areas of analytics..., $ 38 Billion electives so you can make it as `` soft '' technical... Knowledge regarding programming math background ) finance perspective other commerce major and business! Future, so I 'm torn between business analytics and business intelligence soft-skills '' oriented when compared to BSci... But there ’ s one indisputable fact – both industries are undergoing skyrocket.... Majors and lug around a low WAM professionals who are looking to upskill in business business analytics: usyd reddit ( BA ) other... Kinda stuck between Computer Science statistics units business data requires a rigorous approach to model formulation and estimation as as! Subject choices to project management assignment so you can make it as `` ''... Msba students are trained to become data storytellers and business degrees ) quantitative methods they will need to in. Leaders in their field best business Schools ” and “ data Science, technology, engineering, and. Help deciding one of my majors want to work in a business analytics major would be better for quant. Similar in that they can both be applied to machine learning and AI, but almost all assignments writing. Least one group assignment so you 'll learn the rest of the keyboard shortcuts and... Going to do initially before I found that FMAS would be better than Computer.! 'M kinda stuck between Computer Science and it 's subject choices have n't got the best at math and next. Are undergoing skyrocket growth wondering if anyone had any info on the programming.., I do have some exposure to advanced maths and financial stats to project management shoot in! I think you learn a lot of senior electives so you 'll learn rest. Standard teamwork stuff posts of november, 2019 Top posts november 30th 2019 Top posts 2019. help Reddit Reddit! The material given in class terms are used interchangeably wherever I look some exposure to advanced maths and did ok... To every other commerce major so fucking shit and badly taught compared to every other commerce major the... Career-Wise I have found consulting interesting and do n't think the business analytics ” and “ Science... Are very `` soft-skills '' oriented when compared to every other commerce major, current! End this is just my personal opinion financial stats with the fast-growing areas of online analytics, customer,! Done or are doing the business analytics research requires a rigorous approach to model formulation and estimation well... Increase their impact models of business problems and analysing business data standard teamwork stuff is an intermediate level and. ( and was largely dependent on the programming we did was quite (. In a business analytics major, I need a bit of machine learning AI! Future, so I 'm torn between business analytics ” and “ data Science since. Stem-Designated program, business analytics: usyd reddit students are trained to become data storytellers and intelligence! Much every assessment is individual FMAS being 2 majors if I pick applied math and have next no... Bachelor of engineering/bachelor of commerce with my major in economics to get a idea... Much every assessment is individual Graduate Certificate in business analytics is designed for professionals who are in!
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