Business Analytics & Big Data: Master in
Business Analytics & Big Data: Master in
BUSINESS ANALYTICS
& BIG DATA
THE NEW
ENTERPRISE
THE
MARKET
YOU DRIVE INNOVATION
COMPETING IN
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Maximize customer value and deliver superior Monitor and analyze sales and
Contents
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An exciting career 2
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Optimize, measure, and forecast business
performance with advanced analytical models. SUPPLY &
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DATA SCIENTIST
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0100110000100101011101010111101010100 BUSINESS ANALYST Ensure optimal levels of stock via
OPERATIONS &
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BIG DATA MANAGER demand forecasting, and optimize
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distribution channels to improve The program
MANUFACTURING
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delivery performance.
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010010101110101011110101010000101011110 Career opportunities
TALENT MANAGEMENT
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responsibilities. 01001010111010101111010101000010101111
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TECHNOLOGY sources. IE Experience
Madrid! 20
Admissions & Financial Aid 22
INDUSTRIES From our Dean and Director… 24
Big Data will impact diverse industries
FULL-TIME 10 MONTHS OCTOBER MADRID
“McKinsey predicts that companies will struggle The clients will provide your team with real data sets. You will
to find Big Data talent due to a shortage in Datathon apply your analytics and Big Data skills to uncover actionable
well-trained people” insights and drive innovation.
WHY IE
• Study at the No.1 School in Europe (Financial • 50,000 alumni hold positions of responsibility
Times ranking, 2012 and 2013). Located in in over 100 countries. In collaboration with
Madrid, a vibrant and global city. Explore your Big Data career options:
• 27 international offices around the globe. email: [email protected]
• #1 Online MBA Programs (Financial Times 2015 web: bigdata.ie.edu
• Around 40% of students every year receive
ranking)
some type of Financial Aid. Please Note: The information contained in this brochure is subject to change. IE reserves the right to modify program content, regulations and policies
when deemed appropriate and in the best interest of the IE community. Please contact the program management team should you have any questions.
/ 3
Data Scientists hold the sexiest job of the 21st century.1 These highly sought-after professionals 1. Job opportunities: Big Data and 6. Madrid: ¡Olé!
combine business knowledge, Big Data technologies, and advanced analytical skills to drive Business Analytics are some of the
decision-making and performance improvements across any organization. Data Scientists discover fastest growing job categories in the
actionable insights that drive innovation. world. Our graduates are in high
demand and have an outstanding
According to IBM, around 90% of global data has been created in the past few years alone, so placement rate.
companies are facing the challenge of finding results driven-individuals who know how to use this
data to optimize the competitiveness of an organization. McKinsey estimates that there will be a 2. Most comprenhensive training: 7. An intense program: Our
shortage of 140,000-190,000 people with deep analytical talent within five years. The job outlook Data Science, Big Data Technologies, MBD allows you to acquire the
for Business Analytics professionals is extremely positive for the coming decades. Business Transformation, and necessary skills to tranform
Professional Skills business through actionable
Companies are looking for dynamic and specialized professionals that come from diverse backgrounds insights and cutting-edge
such as business, engineering, technology, economics, mathematics, and applied sciences who are technologies
able to identify, collect, analyze, interpret and transform data to drive value and innovation,
and to do it in diverse industries like finance, healthcare, consumer goods and high-tech, just to 3. Networking: Access to a network of 8. Driving Innovation: You will drive
name a few. professionals through a program value and innovation in diverse
that is in constant contact with real- industries and organizations
IE’s Master in Business Analytics and Big Data life business issues. Create your
is an innovative degree designed to train a new own network amongst the 50,000
generation of data-driven and innovation-oriented IE alumni
professionals with all the necessary skills to pursue a
successful career in Business Analytics and Big Data.
4. Recognition: IE is recognized 9. Industry experienced faculty:
We encourage you to read onwards in this brochure.
worldwide as an innovative top World-Class faculty including
If you are as excited as we are about the world of
Data scientist is school executives from various
Business Analytics and Big Data, we invite you to companies and industries such
have an informal chat with one of our Big Data career the sexiest job
as IBM, Santander, Amazon and
advisors ([email protected]) or apply to join of the 21st century. Spotify among others
us for this amazing experience. Harvard Business Review
1
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Volume Velocity Variety
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Around 2.3 trillion gigabytes of Analysis of data in real-time Different forms and inputs
DRIVE INNOVATION
1 0 1 00
data are created daily. or nearly real-time to drive of data.
decisions.
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Data specialists face the challenge of extracting
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relevant insights from data by using advanced
Big Data & Business Analytics is about the challenges, opportunities and technologies resulting analytics and cutting-edge technologies to drive
from the unprecedented generation of data. decision making processes. They are front office
professionals and results driven individuals who are
specialized in identifying, collecting, analyzing,
interpreting, and transforming data.
1 00 0010
Marketing Manufacturing Finance & Control Logistics
0 1
Create models for and Operations
01 1 00
Measure and optimize Optimize
predicting customer financial transactions and distribution
00 1
Optimize production
trends. risk. channels to
1
and resource usage.
00 00
improve delivery
0
0
0
processes. 00 010
10 10
10 010
01 10
101
01 11 0 01
0000
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0001 1 001 00000101001
Transform any business 01 ANALYZE
01 001 000001
01
The massive generation of data is changing
the way that companies and governments do
business. Leading organizations are tapping INNOVATE
into Big Data & Business Analytics to transform
their businesses and uncover new sources of
value in their industries.
THE PROGRAM
You will master the four areas of knowledge and skills needed to become a successful
An exciting journey professional in the field of Business Analytics and Big Data. This program is built around
the needs of industry recruiters and updated based on their ongoing feedback.
MADRID
MADRID 10 MONTHS OCTOBER ENGLISH 17 MONTHS JANUARY ENGLISH
AND DUBAI
OCT - DEC JAN - MAR APR - JUL JAN - JUL AUG - DEC JAN - JUL
GRADUATION
PRE-COURSES
(ONLINE)
PRE-COURSES
GRADUATION
Face-to-face
Face-to-face
Face-to-face
Face-to-face
winter spirng
ONLINE
ONLINE
ONLINE
PERIOD
PERIOD
PERIOD
TERM 1 TERM 2 TERM 3
summer
(ONLINE)
2 weeks
2 weeks
winter
Madrid
Madrid
Madrid
1 week
1 week
break
break
Dubai
break break
Part-time experience combining four residential periods with interactive online classes
INTERACTIVE
Face-to-face classes RESIDENTIAL PERIODS PLATFORM
ONLINE PERIODS
• The face-to-face periods • Thanks to the innovative use • The IE Online Campus is
allow you to create of new technology you will a web platform that allows
3 sessions a day personal relationships and be able to enjoy the same students to access all of the
meaningful bonds with the experience you would have program’s online activities at
people you will work with in a traditional classroom. any time, from any location.
throughout the year.
At least 1 hour session of group work per day • The campus is also accessible
• These four periods include on smartphones and tablets.
a number of classes that
require physical presence.
Participate in IE Clubs and other activities organized after standard class hours
Videoconference sessions: Saturdays from 13:00 - 14:30 and 15:00 - 16:30 (GMT+1)
Exposure to workshops and talks during each term
Online Forum: Monday to Thursday (open 24/7)
*The full-time option is recognised with the Offical Diploma. Both degrees Full-time and Part-time recieve the private masters title from
IE University.
/ 11
HANDS-ON CHALLENGES
Practical experience, with real problems
During the master you will engage in three intense projects that will give
you hands-on training working directly with industry experts. CHALLENGE MISSION
IBM Watson Your team will be presented with a real world business
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situation by IBM. You will work fast to develop a
Challenge
0 0 1 01 data-driven tool or technology to improve their business
000 00 performance.
1 10
00 1. Analyzing
Companies present real life
00
cases and business problems
00
to you and your team. Big Data In this challenge, your team integrates the knowledge
and skills you have learned from the three program
10
Startup
01
100
1 001 000001010
1010
2. Executing
11 000101 0
You and your team apply
Business Analytics and Big Data Datathon Four clients will provide your team with real data sets.
knowledge to find solutions and You will apply your analytics and Big Data skills to
propose recommendations. uncover actionable insights and drive innovation.
10
01
00
3. Delivering
0
0
00
Exposure Workshops
0
AN INTERNATIONAL CLASS
Become part of a vibrant international class
Imagine yourself in a typical IE project team, working with: Class profile
Ashley Christopher
A Marketing Manager from the US A software engineer from France
who wants to learn data science who wants to build innovative
for business application, as a products based on data.
new-generation CMO.
“Getting access and being mento-
“I joined the MBD program to un- red on how to use diverse data
derstand the realms of big data sources to come up with useful business applications
application for business strategy and innovation. Key was a rewarding experience.”
factors for my decision to select IE -- business expertise,
student diversity, and entrepreneurial spirit--have pro-
ven to be key benefits shaping my experience.”
90%
international students
3 Student Profiles 36
nationalities represented
Industries
Regions Represented
CAREER OPPORTUNITIES
Companies, non-profits and governments are struggling to optimize the performance of their
operations and the quality of their decisions to stay competitive. As a result, there is a large and
growing demand for specialized professionals who can identify, collect, analyze, interpret and
transform data to drive value and innovation.
The Master in Business Analytics & Big Data prepares students for successful careers that involve
the following types of professional activities.
Researcher
YOUR CAREER
The placement possibilites of graduates spreads among several sectors and job functions.
Do not miss the chance to see where the Master in Business Analytics and Big Data can take you!
TECHNOLOGY
MANUFACTURING
HEALTHCARE
MEDIA &
OTHER
ENTERT.
Some Employers: Accenture,
Amazon, BBVA, CA Technologies,
Deloitte, EY, IBM, Infosys, McKinsey, TALENT ANALYTICS WEB ANALYTICS
P&G, Telefonica, among others.
These are just some of the exciting career tracks of our alumni DATA MODELING
Regina Berengolts Nicky Sarof OPERATIONS OPTIMIZATION
• Now: Lead Data Scientist • Now: Advanced Analytics
at Clear Returns Glasgow, Consultant at Accenture
United Kingdom Madrid, Spain
• Nationality: Canadian • Nationality: Indian
• Background: Strategic • Background: IT, Business
marketing Analyst
IE EXPERIENCE
Recognition
IE University and IE Business School are top-ranked schools according to international media:
MADRID!
Join us at IE and you will be part of more than a Masters program. Your learning will go beyond
classroom training, and extend to a rich array of on and off-campus activities, and the cultural and Some highlights of Madrid...
professional life in the city of Madrid. You will benefit greatly from your international classmates in
the program, from relationships with students in other programs at IE University and IE Business
School, and from your relationships with faculty.
Take part in an unforgettable period of your life in Madrid. The program is taught entirely in
English, and those studying the full-time option will also have the opportunity to learn/improve
their Spanish - the native language of 500 million people worldwide and the world’s second
business language.
GO EXPLORE ENJOY TASTE
The campus for postgraduate masters programs of IE is around 20.000m in size, spread across 17
2
on a trip to the museums and Madrid’s social traditional
buildings strategically situated in the Barrio de Salamanca district of Madrid, a very well connected beach: Madrid is culture: Madrid life: Madrid is tapas: Madrid’s
area in the heart of the financial district of the city.
300km from the has three of the internationally famous eating
sea (1.5 hours by most important renowned for style is tapas!
train, 3 hours by art museums in its nightlife, old Small portions of
car). Try Valencia, the world: The cafés, fun bars and different spanish
Balearic Islands, or Prado, with four restaurants. It has dishes, something
Málaga! thousand works of one social venue you should try as
art; the Thyssen- per 132 people, so soon as you arrive
Bornemisza, with many places to go to Madrid.
works by Renoir and have fun!
and Van Eyck; and
the Reina Sofía,
with over 20,000
works from the
20th century.
EXPERIENCE TRAVEL
WATCH &
flamenco: Spain PRACTICE around Europe:
is where the
sports: Attend as Madrid is located
famous music
a fan to a Real in a very strategic
and dance style
Madrid game or and central
flamenco was
FEEL practice any sport location within
born, take a trip
the sun: Madrid from hiking, to Europe, hop on a
to Sevilla in the
is the European skiing, to sailing, flight and reach
high-speed train
capital with the Madrid is located any destination in
and watch live
most sunny days, in the center of Europe in just 2-3
an aunthetic
here comes the Spain, do it all! hours.
flamenco show.
sun!
/ 23
ADMISSIONS &
FINANCIAL AID
The objective of the admissions process is to select motivated students with high potential Admission requirements Financial Aid
for success and leadership in their chosen field.
The application form provides the Admissions The IE Financial Aid Department currently
IE’s admissions process is based on the review of your application materials as well as interviews with Committee with important information for offers a range of scholarships and other
our admissions and academic team to ensure a good fit between the program and your preparation evaluating candidates. In addition to the financial aid options to help you fund your
and career interests. completed form. Please enclose the following studies in the Master in Business Analytics
documentation in your application package: and Big Data.
• Evidence of completion of a Bachelor Sign up to the next Virtual Information
degree (or equivalent) from an accredited Session to find out more:
university.
www.ie.edu/financialaid
• Official university transcripts (certified
Applications follow four steps: translation into English or Spanish).
• One-page CV or resumé.
• IE Global Admissions Test (you may provide
a GMAT or GRE instead).
• English language certificate for non-native
English speakers (Cambridge Advanced
or Proficiency, TOEFL, IELTS, or Pearson
Academic). A certificate is not required if
you completed an undergraduate degree in
1. APPLY 2. REVIEW 3. INTERVIEW 4. DECISION English.
• Photocopy of current passport.
Start your application Our admissions If you pass the IE Admissions will
• One passport-size photo.
process right away and academic team review, you will be make a final decision
through our online will review your invited to interview on your application. • Completed application form, including all
application system. application and with our admissions The admissions supporting documents.
Simply go to all accompanying and academic staff process is a rolling • Two letters of recommendation.
www.ie.edu/app and documents. (in-person or online). process and there
is no deadline for • Application fee 125€ (non-refundable and
choose the Master in payable by credit card or cash).
Business Analytics and application for a
Big Data. particular class.
Admission is valid for Get in touch
two years.
If you have any questions or would like to chat about your career, do not hesitate to contact Have an informal chat For more information go to Apply now at
us at [email protected] [email protected] www.ie.edu/bigdata www.ie.edu/app
/ 25
AND DIRECTOR…
HANDS-ON CHALLENGES Please do not hesitate to contact the office nearest to you should you need any additional information.
You can also contact us via [email protected]
You will engage in three intensive team challenges that will give you practical, hands-on experience working
directly with industry experts. In each challenge, your team will present its results to a panel of experts.
The business world is facing both the challenges and opportunities posed Europe Latin America Asia-Pacific
by the massive growth in the availability of data that is without precedent [email protected] [email protected] asia-pacifi[email protected]
in history. A study by IBM shows that that 90% of the existing information France - Paris Argentina & Uruguay - Australia & New Zealand -
CHALLENGE THE MISSION
in the world today has been generated within the last few years alone, [email protected] Buenos Aires Sydney
and this flood of data is growing exponentially. Big data technology and [email protected] [email protected]
Your team will be presented with a real world business situation by Germany, Switzerland [email protected]
IBM Watson advanced analytics have the potential to revolutionize the way organizations & Austria - Munich China - Shanghai
Challenge IBM. You will work fast to develop a data-driven tool or technology
manage their operations and make critical decisions. Corporations, local [email protected] Brazil - Sao Paulo [email protected]
to improve their business performance.
and national governments, and non-profits all stand to benefit enormously [email protected]
Italy, Croatia & Slovenia - Milan India & South Asia - Mumbai
from a digital transformation of the way they carry out their work. In fact,
[email protected] Chile - Santiago de Chile [email protected]
Big Data Startup 71% of CEOsYouviewwill develop as
analytics andthepropose
primary a Big Dataof
source application or idea
competitive and
advantage [email protected]
Lee Newman for their enterprises
transform in
it into a plan for a
the coming years.start-up business or an innovation initiative. Portugal - Lisbon Japan - Tokyo
Dean, IE School of Human [email protected] Colombia - Bogota [email protected]
Sciences and Technology These opportunities exist, but to capture them organizations need [email protected]
Russia & Ukraine - Moscow Singapore & Southeast Asia -
professionals
Thewho are will
clients trained to turn
provide opportunity
your team with realinto
datareality. And
sets. You willby all [email protected]
[email protected] Singapore
Datathon measures, the demand
apply for suchand
your analytics professionals is far
Big Data skills toahead
uncoverof actionable
the supply. At Ecuador - Quito [email protected]
the time we insights
wrote this
andletter, we had just spoken with an executive at global
drive innovation. Spain - Madrid & Segovia [email protected] [email protected]
corporation in need of hiring 200 Data Scientists and whose recruiters were [email protected]
Mexico City - Mexico South Korea - Seoul
only able to find 20. Startups and small companies are facing the same Turkey - Istanbul [email protected] [email protected]
challenge in identifying and attracting big data and analytics professionals. [email protected]
Peru, Bolivia & Paraguay - Lima
For companies, this shortage of data-driven professionals presents a difficult UK & Ireland - London [email protected]
[email protected]
3 STUDENT PROFILES challenge. For our School of Human Sciences and Technology it represents a
wonderful opportunity that is aligned with our overall mission: to train the
next generation of multidisciplinary technology professionals who can be North America
[email protected]
[email protected]
Middle East/Africa
[email protected]
Venezuela - Caracas Saudi Arabia - Jeddah
the drivers of technological and data-centered innovation that organizations USA & Canada [email protected] [email protected]
around the world so desperately need.
BUSINESS TECHNOLOGY QUANTITATIVE Los Angeles
[email protected]
UAE, Qatar, Bahrain, Kuwait,
You studied and/or are During the intensive months of our Master in Business Analytics & Big Data, Iran & Oman - Dubai
we teachYou our
want a front-office
students how to work job fluidly
You within
studied
the and/or
big data are doing
ecosystem, Miami [email protected]
working in business. You where you can use technology quantitative work in engineering,
how to analyze large volumes of structured and unstructured data, how [email protected]
want to become an expert andanalytics
data to be an integral partvelocity,
statistics or social research. Nigeria - Lagos
Juan José Casado
in measuring results and to make happen at high and perhaps most criticallyYou
we New York [email protected]
of core business decisions. want to learn how to measure
using data
Academic analytics
Director, train our students to use analytics to drive innovation across all areas of a
to drive
Master [email protected]
performance in an organization
business and innovation.
in Business Analytics business and in diverse industries.
and become an expert in using Toronto
& Big Data [email protected]
Our Master’s program is designed to be hands-on
analytics and practical
to drive across all
innovation.
of the stages of what well-trained Data Scientists do: defining the business
use-case, deciding what data should be collected and how it should be
stored, applying the appropriate analytics to address the target use-case,
and interpreting and presenting the results to drive business decisions.
Our students also learn through
In collaboration with real-world business cases how leading
organizations are using big data and analytics to transform their businesses.
Explore your Big Data career options: ADMISSIONS DEPARTMENT OTHER WAYS TO GET IN TOUCH:
email: [email protected]
web: bigdata.ie.edu If you are ready to become part of the next generation of data-driven María de Molina 11 [email protected]
professionals that will redefine business, we invite you to apply to Madrid, Spain T: + 34 915 689 610
our
Please Note: The information contained in thisprogram.
brochure is subject to change. IE reserves the right to modify program content, regulations and policies
when deemed appropriate and in the best interest of the IE community. Please contact the program management team should you have any questions.
Please Note: The information contained in this brochure is subject to change. IE reserves the right to modify program content, regulations and policies when
deemed appropriate and in the best interest of the IE community. Please contact the program management team should you have any queries.
Master in
BUSINESS ANALYTICS
& BIG DATA
FOLLOW US
www.ie.edu/bigdata