MSc. in Business Analytics | Western Balkans University
MASTER

MSc. in Business Analytics

MSc. in Business Analytics
BAN
Course ID
2 Years
Years
120
ECTS Credits
4
Semesters
UPCOMING DEADLINE
2026-2027 Admissions
Apply now!
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Program Description

The Master of Science in Business Analytics aims to prepare professionals capable of analyzing and interpreting data, applying statistical methods and machine learning techniques, and supporting strategic decision-making across different organizations and industries.

The rapid development of digital technologies has significantly increased the volume and complexity of data generated by organizations. Sectors such as finance, healthcare, retail, manufacturing, logistics, and public administration increasingly rely on data to improve performance, foster innovation, and make evidence-based decisions. In this context, the program seeks to develop the analytical, technological, and managerial competencies required to transform complex data into valuable insights and practical business solutions.

The curriculum combines rigorous training in quantitative and computational methods with knowledge of business management, organizational behavior, and strategic decision-making. Students develop proficiency in programming, statistical analysis, machine learning, big data technologies, and data visualization, alongside the managerial and communication skills needed to translate analytical findings into organizational actions and strategies. Delivered over four semesters, the program concludes with a professional internship and a Master’s thesis, enabling students to integrate theoretical knowledge with practical application and demonstrate their ability to address real-world business challenges.


 

Mission, Vision & Objectives

Mission

The mission of the Master of Science in Business Analytics is to develop highly skilled professionals in business analytics who are capable of transforming data into strategic decisions by applying the latest methods in data science, artificial intelligence, and business management.


 

Vision

The vision of the Master of Science in Business Analytics is to become a leading reference program in the region for developing analytical leadership, combining academic rigor with practical application in real-world business environments. 

Objectives

The program aims to:

  • Develop advanced competency in the core methods and tools of business analytics including statistical analysis, machine learning, data visualization, programming, and big data technologies, equipping graduates to apply these methods rigorously and creatively to complex organizational problems.
  • Develop mastery of data governance, privacy, and regulatory compliance ensuring graduates understand the legal, ethical, and organizational responsibilities of professionals who work with personal, sensitive, and commercially valuable data.
  • Cultivate the capacity to manage, process, and analyze large-scale and complex datasets equipping graduates to work with the architectures, platforms, and tools required for enterprise-scale analytics in real organizational environments.
  • Develop domain-specific analytical expertise in finance, accounting, and operations enabling graduates to apply analytics methods to the specific data environments, decision contexts, and performance metrics of key business functions.
  • Build the organizational and communication skills needed to drive data-driven decision cultures equipping graduates to translate complex analytical outputs into clear management insights, collaborate across functional and technical boundaries, and champion evidence-based decision-making within organizations.
  • Foster an ethical and responsible approach to analytics practice grounding graduates in the ethical dimensions of algorithmic decision-making, bias and fairness in machine learning, data privacy, and the social responsibilities of professionals who work with powerful analytical tools.
 

Career Opportunities

Graduates of the MSc in Business Analytics can pursue a wide range of career opportunities across industries, including finance, banking, healthcare, retail, manufacturing, logistics, consulting, and public administration. By combining analytical, technological, and managerial skills, graduates are prepared to transform data into actionable insights, support strategic decision-making, and improve organizational performance.

Potential career paths include:

  • Business Analyst 
  • Data Analyst 
  • Business Intelligence Analyst 
  • Data Scientist 
  • Financial Analyst 
  • Marketing Analytics Specialist 
  • Operations Analyst 
  • Risk Analyst 
  • Management Consultant 
  • Analytics Manager 

Semester 1

No. Code Subject ECTS
1 BAN 401 Managerial and Organizational Behavior Mandatory 6
2 BAN 403 Managerial Economics Mandatory 6
3 BAN 405 Research Methods Mandatory 6
4 BAN 407 Data Privacy, Policy and Regulations Mandatory 6
5 BAN 409 Business Analytics Fundamentals Mandatory 6

Semester 2

No. Code Subject ECTS
1 BAN 402 Data Visualization and Analysis Mandatory 6
2 BAN 404 Programming for Business Analytics Mandatory 6
3 BAN 406 Statistics and Data Analysis Mandatory 6
4 BAN 408 Management Information Systems Mandatory 6
5 BAN 410 Financial Analytics Mandatory 6

Semester 1

No. Code Subject ECTS
1 BAN 501 Big Data Management and Processing Mandatory 6
2 BAN 503 Advanced Analytics and Machine Learning Mandatory 6
3 BAN 505 Data-Driven Decision Making Mandatory 6
4 BAN 507 Accounting Analytics Mandatory 6
5 BAN 511 Leadership Elective 6
6 BAN 513 Innovation & Entrepreneurship Elective 6
7 BAN 515 HRM Elective 6
8 BAN 517 Operations Management Elective 6

Semester 2

No. Code Subject ECTS
1 BAN 502 Internship Mandatory 6
2 BAN 599 Diploma Thesis Mandatory 6
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Ready to start your journey?

Admissions for the upcoming academic year are now open. Secure your future in one of the most exciting fields of the 21st century.

01.

Apply Online

Submit your high school transcripts and identity documents via our portal.

02.

Interview

Short academic interview with our faculty admission committee.

03.

Registration

Once accepted, finalize your enrollment and join the WBU family!