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New Options for Mastering Data

Hamline University School of Business (HSB) recently launched a suite of educational programs for professionals who want to deepen their capacity to use data, statistics and computer science to guide organizational decisions.

John Lochner, who leads the the university's Master of Business Administration (MBA) program and the new Master of Science in Business Analytics (MSBA) program, said the new degree and accompanying certificates were created in response to student demand.

“Firms collect data constantly and they need employees who can understand what to do with it and help navigate the future,” said Lochner.

The MSBA combines a solid foundation in the modeling underlying big data with governance and ethics, applied data analysis techniques and business context.

The MSBA is a hybrid curriculum, with much of the work taking place online. Otherwise, the new degree builds on the strong educational foundation established by Hamline’s existing MBA program. Both the MSBA and MBA are structured for people who work full time, with rolling admissions and accelerated degree completion schedules.

In addition to the degree, the HSB also offers certificates in analytics. Students pursuing a certificate in Business Analytics for Managers obtain the knowledge needed to become a vital interface between IT and organizational leaders. The Data Analytics Certificate is for technical professionals who want to improve their analytic skills.

All indicators suggest that people with data analysis skills will have an advantage over their peers in terms of employment opportunity. According to the LinkedIn blog, the most promising job for 2019 is Data Scientist and the ability to make decisions based on data is a top skill needed by companies.

Business analytics emerged from the need to understand the limitations and opportunities presented by large amounts of data in an organizational context. Some websites report that there are in excess of 2 quintillion bytes of data (that’s 2,000,000,000,000,000,000) created every day.

The field combines computer science skills, business knowledge, and management and communication ability. Successful analysts can effectively manage data and convey insights that translate into action for an organization.

Hamline's data analytics educational opportunities, similar to other programs at the university, focus on building capacity for life-long learning among students.

“The tools used by business data analysts evolve all the time so we develop graduates who can adapt as the field changes,” said Lochner.


July 28, 2019
Written by staff