With more than 150 attendees packing the Arnold Bernhard Center’s Schelfhaudt Gallery for the March Innovator’s Series event this year, it’s clear the topic – analytics and systems – is a hot one. Hosted by the Ernest C. Trefz School of Business, the panel exploring trends and fielding questions about the industry included myself, Richard Cimmino of the healthcare industry, Jeff Chandler from Axis Reinsurance, and Brian Rossman from Ironside, with Associate Dean Arthur C. McAdams III as moderator.
While covering topics ranging from key technical skills to how candidates should position themselves for hiring, we returned to two recurring themes throughout our evening together: mastering effective communications and understanding the business drivers of technical solutions. Both, we concluded, are critical for success in the field.
The audience’s excitement was palpable, and not surprising. The analytics and systems industry is exploding. A recent study conducted by the Advisory Board Company affirmed that the demand for master’s level analytics and systems professionals grew 53 percent between 2013 and 2016. According to a survey by Deloitte, analytics is becoming imperative because large amounts of data still have not been leveraged. Additionally, Gartner anticipated that through 2015, 4.4 million jobs were created around data, with years of additional expansion anticipated.
Capitalizing upon the success of our popular MBA concentration in Analytics Intelligence, the Trefz School of Business is looking forward to robust student enrollment in our new M.S. in Analytics and Systems program launching Fall 2017. This 30-credit, STEM-designated master’s program is designed to provide working knowledge about information systems and analytics.
Program benefit highlights include:
- As a STEM-designated program, international students can remain in the U.S. for up to 36 months after graduation to continue their job search.
- Students can complete the program in conjunction with UB’s MBA program.
- UB’s instructors are well versed with leading software tools and have strong business and leadership expertise.
Courses in information systems and project management provide the foundation needed to thrive in exciting courses like:
- Enterprise Intelligence and Decision Support Systems
- Technical Concepts for Analytics Professionals
- Foundations in Advanced Analytics
- Strategic Sourcing and Vendor Management
- Behavioral Economics and Algorithmic Finance
- Data-Driven Marketing
The M.S. in Analytics and Systems concludes with a thesis or internship, and students will graduate ready to demonstrate results to prospective employers for a wide range of job opportunities, including business and data analysis, financial analysis, and market research.
“This new degree is an example of our ongoing commitment to provide up-to-date, relevant programs that prepare our students for success in an ever-changing business environment. Students graduating from this program will have promising job and career opportunities, with salaries averaging about $80,000 for analyst positions and $111,000 for management-related positions,” said Dean Lloyd Gibson, referencing Indeed.com’s Business Analytics Salaries in the United States survey regarding jobs in Connecticut and New York state.
About the Author: Mike Lohle, Ph.D. is a Senior Lecturer with the Ernest C. Trefz School of Business. He teaches courses in project management and analytics and systems.