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Minor in Business Analytics
Basic information
Code:
BIZ5017
Extent:
24
ECTS
Curriculum:
2026–2028
2024–2026
2022–2024
Level:
Advanced studies
Language of learning:
English
Target group:
All Aalto students
Teacher in charge:
Juuso Liesiö
Administrative contact:
Elli Hämäläinen
Organising department:
Department of Information and Service Management
Organiser:
School of Business
Prerequisites:
You should pay attention to the course-specific prerequisites and make sure you meet them in order to succeed in the courses.
Quotas and restrictions:
Many courses have limited number of seats and students are selected according to the order of priority confirmed in the course description.
Application process:
-
Content and structure of the minor
About the minor
Minor studies in Business Analytics offer an overview of the application of advanced analytics techniques - such as mathematical modelling, statistics, and machine learning – in business contexts. Students gain an understanding on how analytics and data can help business in their forecasting, planning and decision-making problems and learn the fundamentals of developing and deploying analytics solutions to these problems. Topics covered include mathematical optimization, statistical forecasting, decision analysis, machine learning, and simulation.
Content
| Code | Course name | ECTS | Teaching |
|---|---|---|---|
Choose 24 ECTS of the following: |
|||
| ISM-C1002 | Tilastotieteen ja data-analytiikan jatkokurssi | 6 | III-IV Finnish |
| ISM-C1003 | Mathematical tools for analytics | 6 | I-II English |
| ISM-C1004 | Business Analytics 1 | 6 | II English |
| 30E03000 | Data Science for Business I | 6 | I English |
| 30E03500 | Capstone: Data Science for Business II | 6 | II English |
| ISM-E1004 | Business Analytics 2 | 6 | III English |
| 30E00400 | Simulation | 6 | I (only 2026-2027) English |
| ISM-E1006 | Decision Analytics for Consulting | 6 | IV English |
| ISM-E1005 | Forecasting Methods in Business Analytics | 6 | II English |
| ISM-E1008 | Dynamic Decision Processes | 6 | I English |
| ISM-E1010 | Optimization for Prescriptive Analytics | 6 | V English |
| ISM-E1011 | Quantitative Behavioral Research | 6 | I, III English |
| ISM-E1009 | Analytics for sustainability | 6 | III English |
Previous Curricula
Basic information
Code: BIZ5017
Extent: 24 ECTS
Level: Advanced studies
Language of learning: English
Theme: Global business dynamics ICT and digitalisation
Target group: All Aalto students
Teacher in charge: Juuso Liesiö
Administrative contact: Elli Hämäläinen
Organising department: Department of Information and Service Management
School: School of Business
Prerequisites: You should pay attention to the course-specific prerequisites and make sure you meet them in order to succeed in the courses.
Quotas and restrictions: Many courses have limited number of seats and students are selected according to the order of priority confirmed in the course description.
Application process: -
About the minor
Description of the minor
Minor studies in Business Analytics offer an overview of the application of advanced analytics techniques - such as mathematical modelling, statistics, and machine learning – in business contexts. Students gain an understanding on how analytics and data can help business in their forecasting, planning and decision-making problems and learn the fundamentals of developing and deploying analytics solutions to these problems. Topics covered include mathematical optimization, statistical forecasting, decision analysis, machine learning, and simulation.
Content
| Code | Course name | ECTS | Period |
|---|---|---|---|
Choose 4 of the following courses |
|||
| ISM-C1002 | Tilastotieteen ja data-analytiikan jatkokurssi | 6 | III-IV |
| ISM-C1003 | Mathematical tools for analytics | 6 | I-II |
| ISM-C1004 | Business Analytics 1 | 6 | II |
| 30E03000 | Data Science for Business I | 6 | I, IV |
| 30E03500 | Capstone: Data Science for Business II | 6 | II |
| ISM-E1004 | Business Analytics 2 | 6 | III |
| 30E00400 | Simulation | 6 | I |
| ISM-E1007 | Current Topics in Analytics Research D | 6 | V |
| ISM-E1006 | Decision Analytics for Consulting | 6 | IV |
| ISM-E1005 | Forecasting Methods in Business Analytics | 6 | III |
| ISM-E1002 | Survey research D | 6 | I, III |
| ISM-E1009 | Analytics for sustainability | 6 | V |
Basic information
Code: BIZ5017
Extent: 24 ECTS
Language of instruction: English
Level: Masters
Target group: All Aalto students
Theme: Global business dynamics ICT and digitalisation
Teacher in charge: Tomi Seppälä
Administrative contact: Anna Kuparinen
Organising department: Department of Information and Service Management
Prerequisites: You should pay attention to the course-specific prerequisites and make sure you meet them in order to succeed in the courses.
Quotas and restrictions: Many courses have limited number of seats and students are selected according to the order of priority confirmed in the course description.
Application process: All Aalto students can choose this minor.
Content and structure of the minor
Minor studies in Business Analytics offer an overview of application of advanced analytics and digital tools in business context. Students will develop a foundation of understanding business analytics and intelligence. While the main theme of the minor is business analytics, the programme also covers a series of important topics, such as business intelligence, information management and sustainable business.
Topics covered by the minor studies in Business Analytics include:
- business analytics and business intelligence
- decision analysis and negotiation processes,
- mathematical methods and statistical analysis
Structure of studies 24 cr
Choose four courses from the following:
| Code | Course name | ECTS credits | Period |
|---|---|---|---|
| 6 cr | III-IV | ||
| 6 cr | I-II starting from 2023-24 | ||
| 6 cr | II | ||
| 6 cr | I | ||
| 6 cr | II | ||
| 6 cr | III | ||
| 6 cr | V | ||
| 6 cr | I |