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Germany

Masters in Business Analytics & Predictive Modeling

Germany

Humboldt University of Berlin

Berlin, Germany

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About Course

Key information
Duration 		: 2 Year
Study Type 		: Full Time
Exam Accepted 		: IELTS Accepted
Exam Intake 		: Oct
Conditional Scholarship 		: NA
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  • Business Analytics & Predictive Modeling

    The module is concerned with theories, concepts, and practices to inform and support managerial decision making by means of formal, data oriented methods. Students have the opportunity to develop a variety of skills, including:

  • Students are familiar with the three branches of descriptive, predictive and prescriptive analytics and appreciate the relationships between these streams.
  • Given some data, students are able to select appropriate techniques to summarize and visualize the data so as to maximize managerial insight.
  • Students understand the potential and also the limitations of predictive analytics to aid decision making. They comprehend when and how business applications can benefit from predictive analytics. Given some decision task, they are able to recommend suitable prediction methods.
  • Students are familiar with the fundamentals of predictive modelling. Using standard software packages, they can develop basic and advanced prediction models and assess their accuracy in a statistically sound manner.
  • Students develop a basic understanding of optimization methods and heuristic search. They understand the interplay of intelligent search and prediction in the scope of prescriptive analytics and are able to develop corresponding decision support models.

  •  

    Topic & Content

  • Fundamentals of Business Analytics
  • Making data accessible: Tools for summarization, grouping, and visualization
  • The business case for predictive modeling
  • Prediction methods for regression and classification
  • Advanced data types: time series, text, survival, and network data Fundamentals of intelligent search
  • Further elaboration of lecturing material.
  • Practical PC exercises using various software packages (e.g., Excel, Matlab, Python)

Entry Requirement

  • Applicant must have a bachelor degree.

Application Process

  • The Humboldt University of Berlin is a public university based in Berlin, Germany. The university has a student enrolment of 32,553, in which, the total international student enrolment measured up to 5,223.

    The university provides nine faculties to the students, including the Faculty of Law, Faculty of Life Sciences, Faculty of Arts and Humanities and Faculty of Theology. It offers bachelor's and master's degrees in 189 programs.

  • The university takes applications for two-semester periods, namely the Winter Semester and Summer Semester.
  • International students have to upload their applications online on uni-assist.
  • All the undergraduate programs are taught in the German language.

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