Business Analytics, MS

for the Master of Science in Business Analytics

Head of Department: Carlos Torelli

Associate Dean of Graduate Education: Jeffrey Loewenstein

program website: 

overview of grad college admissions & requirements:

college website:

department office: 3019 BIF, 515 E. Gregory Dr., Champaign, IL 61820

phone: (217) 244-7602

The Master of Science (MS) in Business Analytics prepares students to master and apply contemporary analytics approaches to identify and address business problems and opportunities. It can be completed in residence or online. The course work includes foundations in managing, analyzing, and conveying patterns and implications of business data, followed by an array of analytics elective courses that enable students to deepen their skills and understanding in business application areas such as finance, accountancy, and marketing, among others. This is an intensive program for those interested in making decisions and innovating through the use of business analytics approaches.

Graduate Degree Programs in Business Administration


Business Administration, MBA (online-iMBA)

Business Analytics, MS
                  with optional concentration: Data Analytics in Finance

Management, MS

with optional concentrations: Business Data Analytics, Finance, Corporate Governance & International Business

Technology Management, MS 

with optional concentrations: AccountancyBusiness Data Analytics, Business & Public Policy, Finance, Information Technology & Control, Supply Chain Management

Business Administration, PhD


Information Technology & Control

Corporate Governance & International Business

Supply Chain Management


Business Data Analytics

Corporate Governance & International Business

Information Technology & Control

Supply Chain Management


Digital Marketing, CERT

Entrepreneurship & Strategic Innovation, CERT

Financial Management, CERT

Global Challenges in Business, CERT

Managerial Economics & Business Analysis, CERT

Strategic Leadership Management, CERT

Value Chain Management, CERT

Joint Degree Program:

Accountancy, MS (iMSA) & Business Administration, MBA (iMBA)


Faculty Research Interests

Financial Aid

Most Ph.D. students receive some form of financial assistance. This assistance is likely to be in the form of a teaching or research assistantship, which includes a waiver of tuition and some fees, and/or the award of a merit-based fellowship.  The M.S. in Business Administration, the M.S. in Management, the M.S. in Strategic Brand Communication, and the M.S. in Technology Management do not provide assistantships.

for the Master of Science in Business Analytics

The MS in Business Analytics requires a minimum of 36 hours. The program rests on three required courses (12 credit hours) covering foundations of business data management, analysis, and communication. Students need to take at least four analytics elective courses (at least 20 credit hours) that will enable them to deepen their understanding of analytics methods and tools as well as to specialize in existing and emerging application areas. Finally, students are able to take general elective courses (up to 4 credit hours) to provide foundations in application areas. Students with sufficient background may petition the academic director to replace core classes, with analytics electives. Additional analytics elective and general elective graduate course offerings may be approved by a program advisor.

For additional details and requirements, refer to the department's Program Curriculum and the Graduate College Handbook. 

Core Courses:
BADM 554Enterprise Database Management4
FIN 550Big Data Analytics in Finance for Predictive and Causal Analysis4
BDI 513Data Storytelling4
Analytics Electives20-24
Business Practicum
Business Intelligence
Social Media Strategy
Digital Business & IT Strategy
Stat for Mgt Decision Making
Decision Analytics
Supply Chain Analytics
Data Science and Analytics
Predictive Data Analytics
Seminar in Business Admin
Financial Risk Management
Applied Financial Econometrics
Machine Learning in Finance
Financial Innovation
Special Topics in Finance
Data Analytics for Management Accounting
Data Driven Decisions in Accounting
Data Analytics Foundations for Accountancy
Statistical Analyses for Accountancy
Data Analytics Applications in Accountancy
Data Preparation for Accounting
Machine Learning for Accounting
Special Research Problems
General Graduate Electives0 to 4
Total Hours36

Other Requirements

Other requirements may overlap
Minimum 500-level Hours Required Overall 12
Minimum GPA: 3.0
International students with TOEFL scores below 613 (paper-based), 257 (computer-based), or 103 (internet-based), or IELTS score below 7.0, are required to take the English Placement Test (EPT) when they arrive on campus. After taking the EPT, most students are required to take a Business English course sequence. For these students, completion of the ESL course sequence is mandatory but does not count towards the 36 hour degree requirement.