Business Analytics refers to the use of sophisticated tools both to understand the massive amounts of data most business have available, and to put it to use in forecasting and in making better business decisions. Our group includes experts in advanced analytics, operations management, management science and business statistics.
We are engaged in all aspects of analysing data, making forecasts and building models to assist in management decisions. These are vital tasks in every business area (including finance, marketing, risk management and operations). There is a growing need for quantitative and analytical skills in the work force and students who take our courses will have a valuable edge when they come to look for a job at the end of their degrees.
The discipline has research strengths in the areas of financial time series and quantitative risk management; business and economic forecasting; econometrics and Bayesian statistics; computationally intensive estimation; supply chain management and scheduling theory.
The Business Analytics Discipline collaborates with other areas within the University of Sydney Business School in topics such as measuring risk in financial markets, and also works with specialists in other disciplines to provide advanced levels of data analysis.