Quantitative Business Analysis
This major has been renamed Business Analytics for students commencing study from 2015.
Business Analytics introduces students to the quantitative methods they will need in order to thrive in the modern business world. Business Analytics is concerned with using business data to develop new insights and understanding. This involves being able to extract and summarise information from the rich data sets readily available in today's business environment; it involves being able to analyse this data in a way that leads to useful models of both the operations and the environment of a business; and it involves being able to respond appropriately as managers to quantitative information and quantitative models, and as such be able to make better business decisions. As well as being useful in their own right, these skills in business analytics will also enhance the effectiveness in the work place of graduates majoring in other business disciplines. There is a range of electives offered within this major, so that students can select topics in business statistics, in operations management and in decision sciences.
For a major in Business Analytics students must complete:
(i) one six credit point junior unit of study:
- Quantitative Business Analysis.
(ii) two compulsory senior units of study:
- Management Science
- Statistical Modelling for Business.
(iii) a minimum of four Business Analytics senior elective units of study (24 credit points) selected from a specified list of available elective options for the major as set out in the University of Sydney Business School handbook.
Operations have become increasingly important in the business world and are a major area of employment. Studying operations management and decision sciences equips students with a structured approach to decision-making in business and managerial situations.
Further study for major
Eligible candidates may proceed to an honours year in the Bachelor of Commerce or the Bachelor of Commerce (Liberal Studies); or apply for admission to postgraduate study in the faculty. We offer a wide range of specialist master's degrees for graduates who want to gain specialised knowledge and skills, as well as the opportunity to tailor an entire program to meet individual professional interests through the Master of Commerce. Our degrees have been developed in close consultation with industry to provide you with highly relevant and professional programs of study. The faculty?s active involvement in quality-assurance and accreditation activities has earned us the top international accreditations available to business schools worldwide and has enabled us to forge strategic alliances on a global scale. By choosing to study one of our accredited degree programs, you can be certain that the education you receive will be of the highest academic quality and will be recognised by the business community in Australia and around the world. Whatever your aspirations, our cutting-edge programs will help you to take your career in any direction you choose.
Related subject areas
Econometrics, Business Analytics