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MSc Data Science for Business

Build your knowledge, skills and experience of data analytics for a successful business career in roles requiring data driven decision making and analytical acumen.

Data Science for Business

Key facts

  • Award Masters / MSc, Postgraduate Diploma, Postgraduate Certificate
  • Start date September
  • Duration MSc full-time: 12 months
  • Mode of study Full-time, Campus based

This exciting MSc Data Science for Business is the first in Scotland to be run in partnership with SAS, a global leader in business analytics solutions. We’ve worked together with leading financial services organisation HSBC and The Data Lab to develop the course so it meets industry needs.

This MSc course provides you with a deep understanding of the industrial and scientific relevance of advanced analytics and their application in strategic and operational decision-making. The course addresses the acknowledged shortage of business leaders and managers with a detailed working knowledge of data analytics. As a graduate you’ll have a highly sought-after blend of data analytics, business acumen and advanced management skills.

You can develop specialist skills by choosing elective modules from finance, computing science and management. You’ll work on real life consultancy-style projects alongside industry leaders in data analytics. Our extensive network of external organisations across all sectors provides opportunities to build your knowledge, skills and experience for a successful career in business analytics roles.

SAS partnership

Our partnership gives students access to SAS educational material and licensed software, plus the opportunity for engaging in projects with an industry leader in the field of business analytics. Global organisations from all sectors use SAS to support strategic decision-making. We’re confident that this partnership will help you to be the difference in your chosen career path.

The Data Lab

We work closely with The Data Lab, an internationally leading research and innovation centre in data science. Established with an £11.3 million grant from the Scottish Funding Council, The Data Lab enables industry, public sector and world-class university researchers to innovate and develop new data science capabilities in a collaborative environment. Its core mission is to generate significant economic, social and scientific value from data. As a student you’ll benefit from a wide range of learning and networking events that connect leading organisations seeking business analytics skills with students looking for exciting opportunities in this field.

The University of Stirling Management School

At the University of Stirling Management School, the principle of responsible business, policy and practice is central to everything we do. This vision helps us to equip our students effectively with the skills to act as global citizens, capable of addressing the needs of society.

As a member of the Chartered Association for Business Schools, we have strong links with industry and were recently awarded the Small Business Charter for engagement with local and regional enterprise.

We’re in an elite group of business schools globally – and one of only 14 in the UK – to hold accreditation from the Association of MBAs (AMBA) for both our MBA and MSc Business and Management (MBM) courses.

  • Top reasons to study with us
  • Course objectives

    Over the two semesters of taught classes you’ll:

    • Acquire knowledge, skills and experience for a successful career in data driven roles
    • Understand the applications and implications of data analytics in organisations across different sectors
    • Develop knowledge and skills of data analytics tools and techniques for business decision making
    • Enhance your capabilities and confidence for championing data analytic projects
    • Enhance and develop critical, analytical, interpersonal and other transferable skills
    Preparing Business Leaders of the Future

    Postgraduate education at the University of Stirling Management School goes beyond text books and lecture rooms, we also focus on your personal and professional development.

    Our unique Flying Start Leadership programme equips you with the awareness, knowledge and techniques essential for building a successful career. These range from practical skills, like effective public speaking, to developing ways to work under pressure in difficult situations and manage conflict. Find out more about Flying Start.

    Preparation for International students coming to study in the UK

    Prepare for Success is an interactive web learning tool for international students who are coming to the UK to study. Take a look at the Prepare for Success website to get more information.

  • Flexible learning

    If you’re interested in studying a module from this course, the Postgraduate Certificate or the Postgraduate Diploma then please email Graduate Admissions to discuss your course of study.

  • Research

    The University of Stirling Management School is rated among the top 25 in the UK for research impact, according to REF 2014. In Scotland, the School was ranked in the top five.

    64% of our research outputs were classified as world-leading and internationally excellent in terms of their originality, significance and rigour. We were ranked 14th in the UK in terms of research impact with over 60% of our research impact judged to have outstanding reach and wide-ranging impact on the policies of public, private and governmental organisations.

  • Academic requirements

    A minimum of a second class Honours degree or equivalent. Applicants without these formal qualifications but with significant appropriate/relevant work/life experience are encouraged to apply.

  • English language requirements

    If English is not your first language you must have one of the following qualifications as evidence of your English language skills:

    • IELTS: 6.0 with 5.5 minimum in each skill
    • Cambridge Certificate of Proficiency in English (CPE): Grade C
    • Cambridge Certificate of Advanced English (CAE): Grade C
    • Pearson Test of English (Academic): 54 with 51 in each component
    • IBT TOEFL: 80 with no subtest less than 17

    More information on our English language requirements

  • Pre-sessional English language courses

    If you need to improve your English language skills before you enter this course, our partner INTO University of Stirling offers a range of English language courses. These intensive and flexible courses are designed to improve your English ability for entry to this degree.

    Find out more about our pre-sessional English language courses.

Through a series of core modules, you’ll gain the knowledge, skills and experience for a successful career in data analytic roles. You’ll also develop an understanding of the ways data analytics is used in organisations across different sectors. This will be achieved through data analytics theory and practice, with many opportunities to work with real data sets. You'll also have the opportunity to work with industry partners, through consultancy projects, as well as bringing their expertise into the classroom.

Semester one involves four compulsory modules. There are three compulsory modules in semester two, plus one or two other modules of your choice. During the spring and summer semesters you’ll carry out a consultancy project with an external organisation tackling a critical business challenge. This will give you an opportunity to integrate and apply the knowledge and skills you develop throughout your degree.

Modules

The module details given below are subject to change as the University regularly revises and refreshes the curriculum of our taught programmes. The modules outlined below represent those offered in 2018/19 on this course of study.

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Course Details

  • Teaching

    Teaching is carried out a though a mix of lectures, tutorials, case studies, role playing, computer simulations, fieldwork exercises, site visits, guest speakers and company projects.

  • Assessment

    Much of the assessment is continuous. Assessed work is often conducted in groups, developing your teamwork and communication skills. 

    Your final assessment will involve a dissertation.

  • Course director
  • Fees and costs

    Fees shown are per year (fees are different for each course)

      2018/19 2019/20

    Home/EU Students

    Fees shown are for full-time, one-year Masters course*

    If you’re domiciled in Scotland, you may be eligible to apply to the Students Award Agency for Scotland (SAAS) for a loan of up to £10,000 to cover your tuition fees and associated living costs. Students domiciled in the EU can also apply for tuition fee support, although may not be eligible to receive funding to support living costs.

    If you're domiciled in England, Wales and Northern Ireland, you should be eligible to apply for a loan from your regional body.

    English students apply for a loan of up to £10,609 per year as part of the UK Postgraduate Loan Scheme, Welsh students can apply for a non-means tested loan of up to £13,000 from the Welsh Government and Northern Irish students are eligible to apply for support of up to £5,500.

    *Fees for students who apply for a Postgraduate Diploma or Postgraduate Certificate will be paid on a pro-rata basis.

    If the course is taken over two years then the fee will be split evenly over the two years. Fees are not pro-rated for students who enrol on a Masters course and decide to exit with a Postgraduate Diploma - the full fee is charged.

    £6,300 TBC

    Overseas (Non-EU) Students

    Fees shown are for full-time, one-year Masters course. Fees for students who apply for a Postgraduate Diploma or Postgraduate Certificate will be paid on a pro-rata basis.

    If the course is taken over two years then the fee will be split evenly over the two years. Fees are not pro-rated for students who enrol on a Masters course and decide to exit with a Postgraduate Diploma - the full fee is charged.

    £15,250 £15,950

    Please note: You will be liable to pay tuition fees for every year you’re in attendance, and your fees will be held level upon entry. If you need to extend your period of study, you may be liable for an additional fee.

  • Scholarships
    Scottish Funding Council masters scholarships

    Funded places for Scottish Funding Council masters in 2018/19 are now full. We hope to have more funded places available for 2019 and will post more information when it becomes available.

    In partnership with the Scottish Funding Council (SFC) and The Data Lab, we’re currently offering a number of fully funded places on the MSc Data Science for Business. For each place offered, the full cost of tuition will be covered.

    All of the cutting-edge programmes supported by this funding have been handpicked because they arm graduates with all the skills necessary to impact Scotland's key up-and-coming industries – and each scholarship is supported by a set of inclusive eligibility requirements.

    How do I apply?

    You don't. So long as you apply for the MSc Data Science for Business, accept an unconditional offer and meet all eligibility requirements, you will automatically be considered for one of the scholarships. Successful candidates will then be notified via email by the University's Admissions Office.

    Find out more about the Scottish Funding Council masters scholarships.

    Postgraduate Tuition Fee Loan (PTFL)

    This course is currently approved for PTFL funding from the Students Awards Agency Scotland (SAAS). Get more information about the loan.

    Stirling Management School postgraduate scholarships

    Stirling Management School is committed to investing in academically talented students, helping them to further their education with one of our degree courses. There are various categories of funding available to support the cost of your studies.

    If you have the talent, ability and drive to study with us, we want to make sure you make the most of the opportunity – regardless of your financial circumstances. That’s why we offer a wide range of scholarships and funding opportunities available.

    To explore our scholarships and learn more about funding opportunities, use our scholarship finder.

  • Additional costs

    If you choose to attend your graduation ceremony, you will be liable for an additional charge. There is no charge if you wish to graduate in absentia. Learn more about additional fees.

  • Cost of living

    If you’re domiciled in the UK, you can typically apply to your relevant funding body for help with living costs. This usually takes the form of student loans, grants or bursaries, and the amount awarded depends upon your personal circumstances and household income.

    EU and overseas students won’t normally be able to claim living support through SAAS or other UK public funding bodies. You should contact the relevant authority in your country to find out if you’re eligible to receive support. .

    Find out about the cost of living for students at Stirling

  • Payment options

    We aim to be as flexible as possible, and offer a wide range of payment methods - including the option to pay fees by instalments. Learn more about how to pay

The Stirling MSc Data Science for Business is run in partnership with industry and is designed to produce graduates with the skills that companies need.

Demand for people with data analytics skills is projected to grow rapidly. Average salaries are higher in data analytics jobs than the IT average and the skills shortage will make that gap bigger.

The Tech Partnership UK estimate that:

  • by 2020 there will be 56,000 big data jobs in the UK alone
  • big data professionals earn on average 31% more than other IT professionals
  • 77% of companies say it is difficult to recruit people with the big data skills they need.

A 2014 report by Egon Zehnder and the Kellog School of Management states that “all leaders need a working knowledge of data science” and that “there is no lack of data scientist, rather a lack of data-ready managers”. Our Masters course helps you to become a pioneering, data-driven leader. You’ll graduate with a blend of skills in data analytics and business management.

HigherEd Global Talent Portal

As a Management School student, you have access to the HigherEd Global Talent Portal where you’ll find internship, trainee positions, apprenticeships and graduate positions from companies around the world. It helps international students looking for placements back at home and local students that want to explore an international experience.

The global talent portal is in addition to all other existing initiatives and resources available for you through the Careers and Employability Service, and the Target Connect vacancy and events system.

  • Testimonial quotes

    Our goal is to develop the next generation of data-savvy managers. The course has a strong emphasis on the practical application of data analytics and gives students the opportunity to work in real life projects with businesses across sectors.

    Dr Kepa Mendibil, Course Director

  • Employability skills

    Everything you do while studying here is designed to help you build the personal skills that will make you stand out to future employers.

    The course has a high level of engagement with industry, research and recruitment partners in the course design, delivery, project work and skill development activities.

    Advance your career with work experience

    On this Masters in Data Science for Business you’ll have the opportunity to enhance your career prospects by taking part in work based project designed to prepare you for the next step on the career ladder.

    Consultancy projects

    If you’re seeking to enhance your employability and add value to a business client you’ll have the opportunity to undertake a 3-month consultancy project over the summer, as an alternative to the traditional dissertation.

    Consultancy projects allow you to work with an organisation to investigate a ‘real-world’ issue, enhance your transferable business skills and make professional connections that may lead to a job offer in the future. Current clients range from start-up businesses to international organisations in public, private and not-for-profit sectors.

    Watch our video to find out more about how taking part in a project with a local business can help increase your employability skills.

Anita George
My work placement with the NHS was extremely valuable, as it led to an offer of a full-time job.
Anita George
India MSc Data Science for Business
Read full testimonial View more testimonials
The innovative and successful structure of the course was exactly what I was looking for.
Mr Domenico Di Stefano
MSc Data Science for Business
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