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.
Key facts
- Award Masters / MSc, Postgraduate Certificate, Postgraduate Diploma
- Start date September 2023, January 2024, September 2024, January 2025
- Duration MSc full-time: 12 months
- Mode of study full time
- Delivery on campus
Overview
This exciting MSc Data Science for Business is the first in Scotland to be developed with input from SAS, a global leader in business analytics solutions, leading financial services organisation HSBC and The Data Lab to ensure it meets industry needs.
The 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 while addressing the 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 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.
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.
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.
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.
Research overview
In REF 2021, 80% of our research impact in Business and Management Studies was classed as world leading or internationally excellent.
Entry requirements
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.
Other routes of entry
If you don't currently meet our academic requirements, INTO University of Stirling offers a variety of preparation programmes that can earn you the qualifications and skills you need to progress onto some of our courses. Explore INTO University of Stirling to see the pathway and pre-masters routes available.
International entry requirements
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 Academic or UKVI 6.0 with a minimum of 5.5 in each sub-skill.
- Pearson Test of English (Academic) 60 overall with a minimum of 59 in each sub-skill.
- IBT TOEFL 78 overall with a minimum of 17 in listening, 18 in reading, 20 in speaking and 17 in writing.
See our information on English language requirements for more details on the language tests we accept and options to waive these 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.
Course details
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 our industry partners, through consultancy projects, as well as bringing their expertise into the classroom.
Semester one involves four compulsory modules. There are two compulsory modules in semester two, plus one or two other modules of your choice. During the spring and summer semesters you may have the opportunity to carry out a consultancy project tackling a critical business challenge. This will give you an opportunity to integrate and apply the knowledge and skills you develop throughout your Masters course.
Modules
The module information below provides an example of the types of course module you may study. The details listed are for the current academic year (September 2023). Modules and start dates are regularly reviewed and may be subject to change in future years.
Course Details
Teaching
Teaching is carried out through 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 or project report.
Course director
Fees and funding
Fees and costs
| 2023/24 | 2024/25 | |
|---|---|---|
| Students from the UK and Republic of Ireland | £10,350 | £10,900 |
| International (including EU) students | £21,845 | £22,900 |
University of Stirling alumni will automatically be awarded a fee waiver for the first year of Masters studies through our UK/Republic of Ireland Alumni Scholarship.
Applicants from the UK or Republic of Ireland who hold a first-class honours degree or equivalent will automatically be awarded a £2,000 scholarship through our Postgraduate Merit Scholarship.
Fees shown are for a full-time, one-year Masters course.
If you need to extend your period of study, you may be liable for additional fees.
If you are studying part time, the total course fee will be split over the years that you study. The total fee will remain the same and will be held at the rate set in your year of entry.
For more information on courses invoiced on an annual fee basis, please read our tuition fee policy.
Eligible students could receive a scholarship worth between £4,000-£7,000. See our range of generous scholarships for international postgraduate students.
Fees shown are for a full-time, one-year Masters course.
If you need to extend your period of study, you may be liable for additional fees.
If you are studying part time, the total course fee will be split over the years that you study. The total fee will remain the same and will be held at the rate set in your year of entry.
For more information on courses invoiced on an annual fee basis, please read our tuition fee policy.
Postgraduate tuition fee loans
This course is eligible for a postgraduate tuition fee loan from one of the UK’s governments. See the Scholarships and funding section, below, for more details.
Additional costs
There are some instances where additional fees may apply. Depending on your chosen course, you may need to pay additional costs, for example for field trips. Learn more about additional fees.
Scholarships and funding
Funding
Eligible international students could receive a scholarship worth between £4,000-£7,000. See our range of generous scholarships for international postgraduate students.
University of Stirling alumni will automatically be awarded a fee waiver for the first year of Masters studies through our UK/Republic of Ireland Alumni Scholarship or International Alumni Scholarship.
Applicants from the UK or Republic of Ireland who hold a first-class honours degree or equivalent will automatically be awarded a £2,000 scholarship through our Postgraduate Merit Scholarship.
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.
Learn more about available funding opportunities or use our scholarship finder to explore our range of scholarships.
Commonwealth Shared Scholarships
Commonwealth Shared Scholarships are for candidates from developing Commonwealth countries, looking to study selected postgraduate Masters courses.
Postgraduate tuition fee loans
Scottish students may be eligible to apply to the Students Award Agency for Scotland (SAAS) for loans of up to £11,500 to cover tuition fees and associated living costs.
English students can apply for a loan of up to £12,167 each year as part of the Postgraduate Masters Loan Scheme.
Welsh students can apply for financial support of up to £18,770 as a combination of grant and loan from Student Finance Wales.
Northern Irish students can apply for a postgraduate tuition fee loan of up to £5,500 from Student Finance NI.
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.
International (including EU) 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.
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
After you graduate
The UK is facing “explosive demand” for data science skills according to a Burning Glass Technologies analysis commissioned by the Royal Society. The report “Dynamics of Data Science Skills” shows demand for data scientists and data engineers tripled over the past five years, rising 231%, making this a lucrative field for graduates seeking employment.
The Tech Partnership UK estimate that:
- 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.
Stirling's MSc Data Science for Business was developed in partnership with industry and is designed to produce graduates with the skills that companies need.
Average salaries are higher in data analytics jobs than the IT average and the skills shortage will make that gap bigger.
The University of Stirling Management School has a dedicated Employability Manager and from the very beginning of the course your career is our focus.
HigherEd Global Talent Portal
As a Stirling 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 Service and the Target Connect vacancy and events system.
Employability skills
Everything you do while studying at Stirling 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 Data Science for Business Masters course you may 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 may 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.
Participation in the consultancy projects is subject to business availability.
What our students said
India
MSc Data Science for Business
Read Albin's storyI was fortunate to get a part-time job in my field of work while studying for my Masters degree, which increased my exposure to UK work culture. I am confident that the experiences I have gained throughout my studies will shape my future career.
India
MSc Data Science for Business
Read Jeya's storyScotland is the hub for data research and activities, so was a perfect place for me to study the MSc Data Science for Business at Stirling. As part of the course we learnt two important languages: 'Python' and 'R' which are globally recognised and are must have tools.
Vietnam
MSc Data Science for Business
Read Jewel's storyI studied MSc Data Science for Business and what I liked most was the diversity of students on the course, with students of different backgrounds, countries and ages.