Become a Data Visionary
Do you have an inquisitive mind, a fascination with data, math acumen, attention to detail, and a knack for seeing the big picture? A BS in Mathematical Sciences from Michigan Tech—with a concentration in business analytics—can help you hone your analytical skills and prepare for a big career in big data.
Jobs are aplenty for those with a business analytics background. With 35% growth projected in data scientist jobs according to the US Bureau of Labor Statistics, business analysts and data scientists are taking the world of big data by storm. And it is considered by many to be a rewarding career. Data scientist is #8 of the 100 Best Jobs according to US News.
Business analytics uses mathematical and statistical modeling to optimize business performance. Data scientists use the scientific method in their work, just as chemists and other natural scientists do: they formulate a research question, collect and analyze the data, and interpret the results. Even if you don’t become a data scientist, most jobs require both analytical skills and knowledge of business processes, so the skills you’ll learn are transferable to most any career.
Big Data Is Ubiquitous
IBM estimates we create 33 quintillion bytes (18 zeros) of data each day. It’s no wonder the demand for professionals who can crunch and analyze big data is at an all-time high. Big data surrounds us: sensors collect climate information; doctors receive medical updates on hospital patients; search engines record webpage hits; financial institutions record credit card purchase transactions; consumers make purchases online daily; and people create posts on social media (sometimes multiple times per day).
Raw data is nebulous and floats around meaninglessly in the cloud or elsewhere until the right person, skilled in data analysis, plucks it down and turns it into something tangible. Numerous industries have recognized the immense value that data packs, as well as the fact that a person effectively trained to handle and process data is an indispensable part of an organization. McKinsey estimates the United States needs 140,000–190,000 more people with “deep analytical” expertise in the workforce, plus an additional 1.5 million managers to conduct more analysis and make decisions.
Data-driven discovery and decision making is the future of business, academia, and government—let the Department of Mathematical Sciences at Michigan Tech prepare you to create that future.
Requirements
The concentration in business analytics combines core course work in mathematics with the following subjects:
- advanced statistics;
- data mining;
- predictive analysis; and
- selected business disciplines, including marketing, operations and systems management, and management information systems.
Graduates will gain a combination of skills and conceptual understanding that is highly valued by today's employers
Courses
Complete 39 credits from the following courses.
Electives
Select 2 electives for 6 credits from the following courses.
Tomorrow Needs Business Analytics Professionals
So many private and public sector enterprises are critically dependent upon data and analytics to function, grow, and thrive. They will need experts in business analytics with the knowledge to collect, manage, and describe data; ability to develop insights and predict outcomes using data; and the knowledge to make data-driven decisions. A concentration in business analytics is a pathway to a challenging, successful, and rewarding career.
Career Opportunities
Your future career options are unlimited with a degree in mathematics with a concentration in business analytics. Career opportunities include, but are not limited to:
- Budget Analyst
- Business Intelligence Analyst
- Data Analyst
- Data Scientist
- Data Visualization Specialist
- Financial Analyst
- Information Security Analyst
- Machine Learning Engineer
- Management Analyst
- Marketing Analyst
- Operations Analyst
Get Hired By
These are just some of the companies hiring mathematics majors with a business analytics concentration:
- Auto-Owners Insurance
- Blue Cross Blue Shied of Michigan
- Capital One
- Carhartt
- DTE Energy
- Everlight Solar
- Flagstar Bank
- Jackson National Life Insurance Corporation
- La-Z-Boy
- Northrup Grumman
- Pratt & Whitney
- Stryker Corporation
- USAA