Overview
Major Area of Specialization in Business Analytics (STEM)
The Department of Management Science offers a major area of specialization in Business Analytics for students pursuing the Bachelor of Science in Business Administration degree. Students who choose the major area of specialization in Business Analytics are trained to combine quantitative, statistical, and computational tools and techniques to help companies understand, predict, and act on large amounts of data, improving decision-making in increasingly complex and interconnected business environments.
Curriculum Requirements
In addition to satisfying the University General Education Requirements and Electives, students pursuing the BSBA in Business Analytics must complete the BSBA Business Core and the specific coursework for the Business Analytics major area of specialization as follows:
| Code | Title | Credit Hours |
|---|---|---|
| General Education Requirements 1 , 2 | ||
| Written Communication Skills: | ||
| WRS 105 | First-Year Writing I | 3 |
| WRS 106 | First-Year Writing II 3 | 3 |
| or ENG 106 | Writing About Literature and Culture | |
| Quantitative Skills: | ||
| Calculus I (fulfilled through the BSBA business core) | ||
| Areas of Knowledge: | ||
| Arts and Humanities Cognate | 9 | |
| People and Society Cognate | 9 | |
| STEM Cognate (9 credits) (fulfilled through the major) | ||
| Additional Requirements | ||
| UMX 100 | The University of Miami Experience | 0 |
| Electives | 15 | |
| BSBA Business Core Requirements 1 | ||
| ACC 211 | Principles of Financial Accounting | 3 |
| or ACC 221 | Accelerated Principles of Financial Accounting | |
| ACC 212 | Managerial Accounting | 3 |
| or ACC 222 | Accelerated Managerial Accounting | |
| BSL 212 | Introduction to Business Law and Ethics | 3 |
| BTE 210 | Fundamentals of Business Technology and Innovation | 3 |
| BTE 320 | Python Programming: Fundamentals and Algorithms | 3 |
| BUS 150 | Business Analytics | 3 |
| BUS 300 | Critical Thinking and Persuasion for Business 3 | 3 |
| ECO 211 | Principles of Microeconomics | 3 |
| ECO 212 | Principles of Macroeconomics | 3 |
| FIN 302 | Fundamentals of Finance | 3 |
| MAS 311 | Applied Probability and Statistics (minimum grade of C- required) | 3 |
| MAS 312 | Statistical Methods and Quality Control | 3 |
| MTH 161 | Calculus I (minimum grade of C- required; fulfills Quantitative Skills Requirement) | 4 |
| MTH 162 | Calculus II | 4 |
| MGT 100 | Managing for Success in the Global Environment | 3 |
| MGT 199 | Professional Development and Success in the Workplace (or other approved Miami Herbert Business School career course) | 1 |
| or BUS 211 | Professional Development for Finance and Accounting | |
| MGT 303 | Operations Management | 3 |
| MGT 304 | Organizational Behavior | 3 |
| MGT 401 | Strategic Management (taken in the final semester) | 3 |
| MKT 201 | Foundations of Marketing | 3 |
| or MKT 301 | Marketing Foundations | |
| Quantitative Choice - Select one of these suggested courses approved by the Vice Dean for Undergraduate Business Education - check pre-requisites: | 3 | |
| Object-Oriented Programming 5 | ||
| Database Management Systems 5 | ||
| Applied Econometrics | ||
| Mathematical Economics and Applications | ||
| Introduction to Optimization and Decision Making 6 | ||
| Stochastic Models in Operations Research 6 | ||
| Computer Simulation Systems 5 | ||
| Supply Chain Modeling and Analysis | ||
| Supply Chain Strategy | ||
| Major Area of Specialization in Business Analytics 4 | ||
| MAS 332 | Data Acquisition, Preparation and Visualization (pre-requisite MAS 202 or MAS 312; offered in the fall semester) | 3 |
| MAS 342 | Introduction to Optimization and Decision Making (pre-requisite MAS 201 or MAS 311; offered in the fall semester) 6 | 3 |
| MAS 432 | Data Analysis (pre-requisite MAS 202 or MAS 312; offered in the spring semester) | 3 |
| MAS 442 | Stochastic Models in Operations Research (pre-requisite MAS 311; offered in the spring semester) 6 | 3 |
| Major Choice Courses - Select two courses (6 credit hours) from the following: | 6 | |
| Object-Oriented Programming (pre-requisite BTE 320) 5 | ||
| Database Management Systems (pre-requisite BTE 320) 5 | ||
| Computer Simulation Systems (pre-requisite MAS 311; offered in the fall semester) 5 | ||
| Machine Learning for Analytics (pre-requisite MAS 432; offered in the spring semester) | ||
| Total Credit Hours | 120 | |
- 1
NOTE: WRS 105 and WRS 106 or ENG 106, or their equivalents, must be completed prior to attaining junior year classification, per the University General Education Requirements. Additionally, all 100 and 200-level Business Core courses must be completed by the end of the fifth semester of college work or during the semester in which the student is completing 75 credit hours.
- 2
At least one course with an international focus must be completed within the degree requirements. The appropriateness of the course is determined by the Vice Dean for Undergraduate Business Education.
- 3
Students who do not earn at least a C- in WRS 106 or ENG 106 must either repeat WRS 106 or ENG 106 and earn at least a C- or complete WRS 230 with at least a C- before enrolling in BUS 300.
- 4
All specific coursework for the major area of specialization in Business Analytics must be completed with a grade of “C-” or higher. A minimum cumulative GPA of 2.5 is required for all specific coursework taken in the major area of specialization.
All courses must be taken within the current pre-requisite structure.
- 5
may not double count as both the Quantitative Choice and a Major Choice unless Business Analytics is an additional major
- 6
may not double count as both the Quantitative Choice and the major requirement unless Business Analytics is an additional major
Sample Plan of Study
This Sample Plan of Study represents one possible version of a new freshman business student’s 8-semester plan. The individual student's plan may vary depending upon the initial placement into English Composition and mathematics. Moreover, numerous plan variations are possible if a student enters the University with advanced college credits, wishes to participate in study abroad, chooses a special program option, or selects additional majors or minors.
Note that each major/minor at the University of Miami satisfies a particular "Area of Knowledge" within the general education requirements of the University. This means that it is possible to pursue two majors, or a major and a minor, within the Miami Herbert Business School and fulfill both the STEM and People and Society Areas of Knowledge; a separate cognate in these areas would not be required. The only remaining general education Area of Knowledge is Arts and Humanities, which must be completed through a major, minor, or cognate outside of the Business School.
Students construct their individualized plans in collaboration with their assigned academic advisor.
| Freshman Year | ||
|---|---|---|
| Fall | Credit Hours | |
| ECO 211 | Principles of Microeconomics | 3 |
| MGT 100 | Managing for Success in the Global Environment | 3 |
| MKT 201 | Foundations of Marketing | 3 |
| MTH 161 | Calculus I | 4 |
| WRS 105 | First-Year Writing I | 3 |
| UMX 100 | The University of Miami Experience | 0 |
| Credit Hours | 16 | |
| Spring | ||
| BUS 150 | Business Analytics | 3 |
| ECO 212 | Principles of Macroeconomics | 3 |
| MTH 162 | Calculus II | 4 |
| WRS 106 or ENG 106 | First-Year Writing II or Writing About Literature and Culture | 3 |
| Arts and Humanities Cognate Course | 3 | |
| Credit Hours | 16 | |
| Sophomore Year | ||
| Fall | ||
| ACC 211 | Principles of Financial Accounting | 3 |
| BSL 212 | Introduction to Business Law and Ethics | 3 |
| BTE 210 | Fundamentals of Business Technology and Innovation | 3 |
| MAS 311 | Applied Probability and Statistics | 3 |
| Arts and Humanities Cognate Course | 3 | |
| Credit Hours | 15 | |
| Spring | ||
| ACC 212 | Managerial Accounting | 3 |
| BUS 300 | Critical Thinking and Persuasion for Business | 3 |
| FIN 302 | Fundamentals of Finance | 3 |
| MAS 312 | Statistical Methods and Quality Control | 3 |
| MGT 199 | Professional Development and Success in the Workplace | 1 |
| Arts and Humanities Cognate Course | 3 | |
| Credit Hours | 16 | |
| Junior Year | ||
| Fall | ||
| MAS 332 | Data Acquisition, Preparation and Visualization | 3 |
| MAS 342 | Introduction to Optimization and Decision Making | 3 |
| MGT 304 | Organizational Behavior | 3 |
| People and Society Cognate Course | 3 | |
| Elective | 3 | |
| Credit Hours | 15 | |
| Spring | ||
| BTE 320 | Python Programming: Fundamentals and Algorithms | 3 |
| MAS 432 | Data Analysis | 3 |
| MAS 442 | Stochastic Models in Operations Research | 3 |
| People and Society Cognate Course | 3 | |
| Elective | 3 | |
| Credit Hours | 15 | |
| Senior Year | ||
| Fall | ||
| MGT 303 | Operations Management | 3 |
| Business Analytics Major Choice | 3 | |
| People and Society Cognate Course | 3 | |
| Elective | 3 | |
| Elective | 3 | |
| Credit Hours | 15 | |
| Spring | ||
| MGT 401 | Strategic Management | 3 |
| Business Analytics Major Choice | 3 | |
| Quantitative Choice Course | 3 | |
| Elective | 3 | |
| Credit Hours | 12 | |
| Total Credit Hours | 120 | |
Mission
- To develop innovative ideas and principled leaders that transform global business and society.
Goals
For students pursuing the Bachelor of Science in Business Administration (BSBA) degree program, the major in Business Analytics requires a solid background in the sciences and mathematics. Additionally, students are required to take sequences of courses in optimization, decision science, and data analytics. A number of the courses in the Business Analytics curriculum require projects, in which the student evaluates a real-world system or process. As the system is studied and modeled, the student applies management science methods to find ways to improve the process. In such a course, written and oral presentation of findings is part of the learning and evaluation process.
Student Learning Outcomes
- BBA/BSBA graduates will be critical thinkers, able to select and apply appropriate models, tools, and techniques, and frameworks to enable them to render analytically sound business decisions.
- BBA/BSBA graduates will be able to identify, analyze and resolve ethical issues in business scenarios.
- BBA/BSBA graduates will demonstrate professional written communication skills.
- BSBA graduates will have strong technical skills.
