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A new 2-year international track in Business Analytics will be activated in a.y. 2021/22. The new international Master’s in Business Analytics aims to prepare students from a variety of backgrounds for a career as business analysts in modern private and public organizations.
The Master’s is designed for students with a strong propensity for computational and statistical sciences as well as a strong interest in working with data. The programme provides students with specialist knowledge of methods and IT tools for Data Science and Business Statistics to devise and manage methods that provide decision-makers with summary information. Students will develop technical skills such as software development and advanced statistical analysis, in order to be able to lead business initiatives based on data analysis. They will also learn a variety of models to understand, discover and predict the phenomena of interest, in order to define the most effective strategies to increase the competitive advantage and the performance of private or public companies.
Career opportunities
Business analysts are required in any functional area within industrial and service companies in the public or private sector, especially consumer goods manufacturing firms, large retailers, consulting firms and public utilities companies.
Moreover, business analysts are recruited both by research centres within national and international institutions, tech companies and data-savvy companies operating in a wide range of industries that include social media, finance, insurance, consulting and public utilities.
The programme also provides the necessary background for successfully undertaking a PhD in any of the following fields: Statistics, Computer Science, Business and Management.
See the Business Analytics website
The 2nd cycle degree programmein Statistics, Economics and Business combines statistical methodology witheconomic and business studies, with more in-depth study of quantitativemarketing and methods of economic analysis.
The programme is divided into two separatecurricula.
The Marketing and Market Research curriculum provides the statistical andmethodological tools needed for decision-making in the field of marketingprocesses and analysis, with emphasis on the business world. Specific referenceis made to those sectors with broad and dynamic databases concerning theconsumption patterns of their own customers.
The Quantitative Methods for economic decisions curriculum places the accent onstatistical analysis of economic phenomena and processes, as well as the designand coordination of economic analyses. It prepares graduates for high-rankingjobs in the fields of aggregated, local, time-related and individual economicand quantitative analyses, the evaluation of economic and business policies,the analysis of competitive performance and productivity in countries andbusinesses, inequality and poverty.
The programme is structured according tothe latest teaching practices, combining periods of theoretical study withpractical applications to the business and economic world, with a particularemphasis on the use of specific software. The programme can be completed with acurricular internship, students are strongly recommended to use thisopportunity to put the knowledge they have gained into practice.
Admission to the 2nd cycledegree programme in Statistics, Economics and Business is subject to thepossession of the prescribed curricular requirements and to the passing of anexam to assess the students' personal competencies and skills.
KNOWLEDGE REQUIRED
To be able to profitably complete the 2ndcycle degree programme in Statistics, Economics and Business, candidates musthave university-level knowledge of:
- mathematics (the fundamentals ofinstitutions of mathematical analysis, matrix algebra);
- calculation of probability (fundamentaltheorems and axioms of calculating probability);
- statistics (fundamentals of descriptive statistics,fundamentals of statistical inference, linear models, data matrices andderivative matrices, notions of sampling techniques, multivariate statistics);
- economics (fundamentals ofmicroeconomics);
- economics and business management(fundamentals of business management and marketing).
Candidates must also have a command of theEnglish language to level B1.
CURRICULAR REQUIREMENTS
Admission to the 2nd cycledegree programme is subject to the possession of the following curricularrequirements:
a 1st cycle degree in class L-41 (ex D.M.509/270) or class 37 (ex. DM no. 509/99) or other suitable qualificationobtained abroad.
Alternatively, admission to the 2ndcycle degree programme is subject to the possession of the following threecurricular requirements:
1) A 1st cycle degree in one ofthe following classes, or other suitable qualification obtained abroad:
• ex Italian Ministerial Decree no. 270:
L-7 Civiland environmental engineering
L-8Information technology engineering
L-9Industrial engineering
L-16Administration
L-18Business administration
L-30Physics
L-31Computer Science
L-33Economics
L-35Mathematics
L-36Political science and international relations
L-37 Peacestudies
L-40Sociology
• ex. D.M.509/99:
8 Civil andenvironmental engineering
9Information technology
10Industrial engineering
19 PublicAdministration
17Economics and management
25Physicshe
26 ComputerScience
28Economics
32Mathematics
15Political science and international relati
35 Socialsciences for co-operation, development and peace
36Sociology
2) candidates must have obtained at least 24 ECTS in the following subject areas:
MAT/02 -Algebra
MAT/03 - Geometry
MAT/05 MathematicalAnalysis
MAT/06 - Probabilityand Mathematical Statistics
MAT/07 - MathematicalPhysics
MAT/08 - NumericalAnalysis
MAT/09 - OperationalResearch
SECS-S/01 -Statistics
SECS-S/02 -Statistics for Experimental and Technological Research
SECS-S/03 -Statistics for Economics
SECS-S/05 -Social Statistics
SECS-S/06 -Mathematics for Economics, Actuarial Studies and Finance
For which at least 16 CFU credits overallare required in the following subject areas:
SECS-S/01 - Statistics
SECS-S/02 -Statistics for Experimental and Technological Research
SECS-S/03 -Statistics for Economics
SECS-S/05 -Social Statistics
3) candidates must have obtained at least 16 ECTS in the following subject areas:
SECS-P/01 -Political Economy
SECS-P/02 -Economic Policy
SECS-P/03 -Finance
SECS-P/05 -Econometrics
SECS-P/06 - Applied Economics
SECS-P/07 -Business Administration
SECS-P/08 -Corporate Finance
SECS-P/09 -Financial Management
For which at least 8 ECTS overall arerequired in the following subject areas:
SECS-P/01 -Political Economy
SECS-P/02 -Economic Policy
SECS-P/03 -Finance
SECS-P/05 -Econometrics
SECS-P/06 - Applied Economics
Referring to the requirements listed inpoints 2) and 3), if credits have been obtained in other but similar subjectareas to those listed, the Degree Programme Board reserves the right toestablish and approve the equivalence of the credits obtained in this way.
If the above curricular requirements arenot met, admission to the 2nd Cycle Degree Programme is subject to apreliminary assessment of the candidate's curriculum and an interview held by aBoard, appointed by the Degree Programme Board, to check the required knowledge
The Board will set a calendar forinterviews, between September and December, which will be published on theUniversity portal.
If the Board considers the level of thecandidates' knowledge and skills to be satisfactory, they will be allowed toenrol in a test to assess their personal competencies and skills.
ASSESSMENT OF PERSONAL COMPETENCES ANDSKILLS
For graduates meeting the above-describedcurricular requirements, the assessment of personal competencies and skillswill be based on the analysis of the curriculum; candidates with a degree scoreof at least 95/110 will be deemed to have passed the assessment.
In all other cases, the assessment ofpersonal competencies and skills will be based on the analysis of thecurriculum and an interview.
For graduates not meeting theabove-described curricular requirements, personal competencies and skills andother requirements for admission will be assessed during a single interview.
ASSESSMENT OF LANGUAGE SKILLS AND KNOWLEDGE
Admission to the degree programme issubject to the assessment of the graduates' knowledge and skills in the Englishlanguage, to at least level B1.
Graduates in possession of a correspondinglanguage certification will be deemed to have passed the assessment of languageskills and knowledge.
Graduates demonstrating language skills tobelow level B1 will be make up for the initial deficit before sitting the levelB2 language exam in the course structure diagram.