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:

University General Education Requirements 1 , 2
ENG 105English Composition I3
ENG 106English Composition II 33
UMX 100The University of Miami Experience0
Arts and Humanities Cognate Courses9
People and Society Cognate Courses9
Electives 16
BSBA Business Core Requirements 1
ACC 211Principles of Financial Accounting3
or ACC 221 Accelerated Principles of Financial Accounting
ACC 212Managerial Accounting3
or ACC 222 Accelerated Managerial Accounting
BSL 212Introduction to Business Law3
BTE 210Fundamentals of Business Technology and Innovation3
BTE 320Introduction to Programming3
BUS 150Business Analytics3
BUS 300Critical Thinking and Persuasion for Business 33
ECO 211Principles of Microeconomics3
ECO 212Principles of Macroeconomics3
FIN 302Fundamentals of Finance3
MAS 311Applied Probability and Statistics (minimum grade of C- required)3
MAS 312Statistical Methods and Quality Control3
MTH 161Calculus I (minimum grade of C- required)4
MTH 162Calculus II4
MGT 100Managing for Success in the Global Environment3
MGT 303Operations Management3
MGT 304Organizational Behavior3
MGT 401Strategic Management (must be taken in the final semester)3
MKT 201Foundations of Marketing3
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 332Data Acquisition, Preparation and Visualization (pre-requisite MAS 202 or MAS 312; offered in the fall semester) 3
MAS 342Introduction to Optimization and Decision Making (pre-requisites MAS 201 or MAS 311; offered in the fall semester) 63
MAS 432Data Analysis (pre-requisite MAS 202 or MAS 312; offered in the spring semester)3
MAS 442Stochastic Models in Operations Research (pre-requisite MAS 311; offered in the spring semester) 63
Major Choice Courses - Select two courses (6 credit hours) from the following:6
At least one course must be selected from MAS 547 or MAS 548.
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
Data Mining and Knowledge Acquisition (pre-requisite MAS 432; offered in the spring semester)
Total Credit Hours120

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.

Plan of Study Grid
Freshman Year
FallCredit Hours
ECO 211 Principles of Microeconomics 3
ENG 105 English Composition I 3
MGT 100 Managing for Success in the Global Environment 3
MKT 201 Foundations of Marketing 3
MTH 161 Calculus I 4
UMX 100 The University of Miami Experience 0
 Credit Hours16
Spring
BUS 150 Business Analytics 3
ECO 212 Principles of Macroeconomics 3
ENG 106 English Composition II 3
MTH 162 Calculus II 4
Arts and Humanities Cognate Course 3
 Credit Hours16
Sophomore Year
Fall
ACC 211 Principles of Financial Accounting 3
BSL 212 Introduction to Business Law 3
BTE 210 Fundamentals of Business Technology and Innovation 3
MAS 311 Applied Probability and Statistics 3
Arts and Humanities Cognate Course 3
 Credit Hours15
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
Arts and Humanities Cognate Course 3
 Credit Hours15
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 Hours15
Spring
BTE 320 Introduction to Programming 3
MAS 432 Data Analysis 3
MAS 442 Stochastic Models in Operations Research 3
People and Society Cognate Course 3
Elective 3
 Credit Hours15
Senior Year
Fall
MGT 303 Operations Management 3
Business Analytics Major Choice 3
People and Society Cognate Course 3
Elective 3
Elective 3
 Credit Hours15
Spring
MGT 401 Strategic Management 3
Business Analytics Major Choice 3
Quantitative Choice Course 3
Elective 3
Elective 1
 Credit Hours13
 Total Credit Hours120

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.