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Major: Economics
MSc Program: Business Analytics




MSc Description

Application: The successful applicants should hold a BA or MSc degree in Economics or Business Administration. The application
procedure schedules an in-written exam and an interview. The final score is the average of graduate results and scores of the in-written exam and the interview. The MSc program is completed in two semesters. The second semester ends with а final (state) exam or a defense of a master thesis.
1. Goals and scope
The MSc program in Business Analytics’ main goal is to deliver professionals with up-to-date knowledge and competencies, who
are easily adapting to the rapidly changing environment. We focus not only theoretical knowledge, but we also put emphasis on
development of practical skill, including completion of individual as well as team research and analytics assignments in the environment
of big data on cases in a wide range of applied fields.
The MSc program aims to develop skills for data pre-processing, analysis, modelling and prediction in the context of data sets with
volume, variety and velocity being a challenge for the classical econometric tools. The latter involves interdisciplinary trainings, in
particular the program offers well-balanced applications of methods from the field of Statistics, Applied Mathematics as well as IT tools.
Those applications are demonstrated for up-to-date financial and economic problems and issues. Last but not least the software
environment is in compliance with the requirements of the business.
2. Education
The MSc Program is developed in collaboration with Deloitte Bulgaria so as to guarantee that students would acquire the most recent
knowledge in business analytics. For this purpose invited lectures of sound professionals in the field are scheduled. Furthermore, the
syllabus includes courses focused on research problems emerging in the last three to five years. The relevant literature consists of recent
reputable textbooks in English. The latter are freely available in their e-form, further open-source software environment is adopted.
It is now well known that big data challenges companies in terms of data storage and organization, data analysis as well as data
visualization. The courses set in this MSc program’s syllabus aim to overcome these challenges; in the course of their study students
acquire key skills in understanding data specifics, effectively reveal hidden information and turn it into value.
It should be noted that we aim to contribute to resolving the issue of insufficient number of professionals in the field of business
analytics. The latter is important not only at local but also at international level. Following this view, we offer a wide range of elective
courses, thus ensuring flexibility in the field of professional development, including finance, marketing, etc.