12. januar 2023.
Availability of large amounts of data creates new possibilities and challenges for businesses, and the ability to make good decisions based on big data is a critical factor for survival in the modern economy. Therefore, business analytics skills are in high demand in the modern job market.
In this major you will learn programming and data management, how to use statistical tools in order to explore and deduct patterns from data, how to use optimization and simulation tools to support better decision making in practical situations, and how to employ tools like machine learning and artificial intelligence for automated decision support. You will have the opportunity to learn how to apply analytical tools to practical decision making situations in operations management, marketing and pricing, finance, accounting, and auditing, and you will also develop your communicative and collaborative skills by participating in team projects and by presenting your findings.
The major broadly covers the following areas:
- Programming skills for data handling and problem solving in business.
- Data analysis. Statistical learning and predictive analytics for learning and extrapolating from data.
- Business modelling and prescriptive analytics. Using optimisation models and simulations for decision support, analysis and improving business processes.
- Bachelor’s degree: 90 ECTS must be within economics and business administration. Your GPA should correspond approximately to a B on the ECTS grading scale.
- GMAT or GRE
- English language requirement
- Curriculum vitae (résumé)
- Documentation of financial ability: All citizens outside the EU/EEA-area and Switzerland must document financial ability.
- Documentation of identity
- Online video and written assessment
For more information about the admission requirements, please visit www.nhh.no.
You need to log in to NHH's page in the Norwegian application portal, SøknadsWeb to apply. The application portal opens 1 November every year. Visit NHH's website for more information about the admission process.
Upon successful completion of the major, the candidates shall
K1: Have a solid knowledge about relevant methods from statistics and operations research
K2: Have in-depth and up-to-date knowledge on how to use data to support decision making in business
K3: Understand business analytics articles published in international scientific journals and formulate relevant research questions
S1: Build and solve decision models for real-world business problems
S2: Bring together decision modelling and data analysis for practical business applications
S3: Be proficient in computer programming in order to write code for business analytics problems and to communicate well with software developers
G1: Solve business analytics problems in teams with people from different backgrounds
G2: Reflect on the ethical challenges specific to business analytics
G3: Contribute innovative solutions for business analytics problems and communicate them to executives and other stakeholders
If you have a desire to learn more, to explore new ideas, enjoy innovating and wish to develop intriguing insights in the field of economics and business administration after completing your master's degree, pursuing a PhD at NHH may be your next journey!
As a PhD research scholar you will be a member of our faculty. You will be working closely with leading professors in your field, who have a significant impact on government policies, business practice and academic thought. You will be included in a thriving intellectual community, which enjoys a close collaboration with leading business schools worldwide.
The purpose of our three (or four) year, fully funded programme, is to give the scholar a deepened and broadened theoretical and methodological knowledge, alongside the experience of producing a substantial piece of original scientific work. The conferral of the PhD in economics and business administration signifies expertise in a major field of study.
The majority of our PhD graduates develop an academic career, but an increasing number take on leading positions in management, consultancy or in larger organisations.
This major is suitable for those seeking jobs as analysts, either in companies or as consultants, and in general to all those seeking to complement their business background with analytical skills to succeed in the modern data-driven environment. A thorough understanding of business analytics will also enable you to communicate with technological experts and be useful for digital strategy managers.
As an NHH student you have excellent opportunities to gain valuable international experience during your studies through exchange programmes, the CEMS Master's in International Management (MIM) joint degree, the Double Degree programme and summer courses.
NHH currently participates in exchange and study abroad agreements with 170 universities and business schools in more than 50 countries.