CEU Launches New Master’s in Business Analytics

February 24, 2015

CEU Business School and the Department of Economics, in cooperation with IBM, is launching a new Master of Science program in Business Analytics. In development for over two years, the state-of-the-art one-year program will commence in September 2015.

The cross-disciplinary MS in Business Analytics aims to develop the skills and competencies needed for creating value in a business setting from data analysis.

“Our new Master’s in Business Analytics is geared to the 21st century and fills a great need in our region and beyond, leveraging the considerable talent and skills residing in our community,” says Mel Horwitch, dean and university professor at CEU Business School. “The program also signifies forward-looking opportunities, and represents a pathway for fantastic careers in large firms, SMEs and the booming world of analytics startups.”

“Budapest provides a stimulating environment for our students. They can learn from the best domain experts, interact with practitioners from our industry partners like IBM, and build their professional network at regular meetups and conferences,”– says Miklos Koren, associate professor in the Department of Economics and director of the new MSc program.   

The program is anchored in and integrates knowledge from four disciplines: economics, management, statistics and technology. It provides students with the full spectrum of skills and capabilities needed for today’s business professionals and specialists for success in a burgeoning analytics arena. Students will gain deep familiarity with all major aspects of Business Analytics, with an emphasis on Big Data.  

Achilles Georgiu, senior adjunct lecturer and program director of MS in IT Management at CEU Business School, expects the new program to complement perfectly the Business School’s IT Management Master’s program. “Graduates from our new Business Analytics program are destined to become future business leaders and professionals responsible for managing and using data—an enterprise’s most valuable asset. Developing new products and services based on modern analytics and data, graduates of this new program will be able to build competitive advantage for firms as well as create new analytics startups.” 

CEU’s President and Rector John Shattuck  adds, that “relying on the university’s deep expertise at CEU Business School, the CEU Department of Economics, the CEU Center for Network Science, and industry partner, IBM, CEU is in an excellent position to offer this program.”

The MS program in Business Analytics has been registered with the New York State Education Department.