Data Analytics
Decisions in business, finance, and economic policy are increasingly driven by sophisticated data analysis. This analysis often calls for the crunching of “big” datasets from financial trading floors, credit card records, or web traffic. This specialization develops a combination of skills in quantitative methods and data management while also cultivating the abilities to apply these skills in the business, finance, and economics fields.
This specialization is not intended as a “stand-alone” tool-set. Ideally, it is integrated into the student’s training in a substantive domain, reflected in a concurrent focus on the foundational fields of business and economics.
Students must complete 20 credits at Brandeis IBS through the requirements listed below to earn the Data Analytics specialization.
An option for MA and MBA students.
Career Paths
This specialization would be particularly useful for students who are intrigued by the prospects of managing the intricacies of complex financial transactions. Employers who have recruited graduates that are adept in data analytics include EMC Corporation, IBM and Kronos.
Requirements
20 credits required (MSF students see special elective requirements in Group 3.)
Group 1: Foundational (6 credits required)
| ECON 211f | Foundations of Econometrics II (2 credits) |
| BUS 211f | Analyzing Big Data I (2 credits) |
| BUS 212f | Analyzing Big Data II (2 credits) |
Group 2: Application Courses (8 credits required)
| BUS 253a | Marketing Research: Design & Analysis (4 credits) |
| ECON/FIN 250a | Forecasting in Finance & Economics: Time-series econometrics (4 credits) |
| ECON 261a | Empirical Analysis of Trade Policy (4 credits) |
Group 3: Electives (at least 6 credits)
Any course from the selection below or from Groups 1-3 not taken to fulfill other specialization requirements. MSF students must have at least 4 credits from one of the Finance courses listed (see*).
| ECON 212f | Survey of Advanced Econometric Techniques (2 credits) |
| ECON 311a | Advanced Econometrics I (PhD level course) (4 credits) |
| BUS 276a | Business Dynamics (4 credits) |
| BUS 286a | Applications of System Dynamics (4 credits) |
| FIN 285a* | Computer Simulation & Risk Analysis (4 credits) |
| FIN 270a* | Options & Derivatives (4 credits) |
| FIN 271a* | Options & Derivatives II (4 credits) |
| FIN 280a* | Financial Risk Management (4 credits) |
| FIN 217f/218f |
Financial Modeling I and/or II (2 credits each) |
| FIN 288a* | Corporate Financial Engineering (4 credits) |
| ECON 299a | Master’s Project |