Business Big Data Analytics

The study programme is focused on business big data, synergy in development of mathematical and computer science skills and competencies, development of mathematical models for business development decisions. Graduates are able to analyse the business big data, to identify business problems, optimize business processes, apply acquired knowledge and to create mathematical models and algorithms for business decisions and business insights development.

 

Entry requirements
Code 6213AX001
Location Kaunas, Vilnius
Faculty of Mathematics and Natural Sciences
Cycle Second cycle
Field Applied Mathematics
Language Lithuanian
Study mode and duration Full-time studies - 2 y., Part-time studies - 3 y.
Degree awarded Master of Mathematical Sciences
  • Brno University of Technology
  • Vienna University of Technology
  • Dortmund University
  • Lund University
  • Technical University of Denmark
 

Values

Why @KTU?

Strong links with industry partners

KTU launched the first in Lithuania study programme for business big data analysis with strong engagement of industry partners to facilitate growing demand for the specialists in the field.

Why @KTU?

Cooperation with international experts

Practical seminars are conducted by Lithuanian and international experts from leading business companies (Western Union, Adform, Barclays, Execaster, etc.).

Why @KTU?

Latest software tools

Case-based teaching and problem-based learning facilitates understanding of ongoing challenges and application of real-life solutions using Spark, Python, Scala, SAS, R software.

 

Skills

Analysis of Business Big Data and Decision Making Analysis of business processes and identification of problems Design of business systems, risk evaluation, prediction and optimisation Development of business big data analytic tools and design of software


Pastaba. Ištęstinės studijų formos trukmė 3 metai.

Testimonials

Karolis Urbonas

Western Union, Applied Business Intelligence Manager in Europe

 

Our company has countless amounts of data but it cannot be simply laying in a drawer. We need people to work with it, who will manage to use it in order to extract insights about improving some of the processes, do research and make conclusions about the customers’ behaviour. Our clients make 29 transfers in one second, therefore, we accumulate enormous amounts of data in the whole world every day. The company really needs specialists, who could work with large arrays of data. Very often, candidates with such experience dictate the price for us themselves.

Career

Student’s competences

– Big data analytics and decision making
– Analysis of operational processes of business organisations and identification of problems
– Modelling of business systems, risk assessment, forecasting and optimisation
– Development of algorithms and software for big data analytics

Student’s skills

– Able to integrate and apply acquired knowledge of mathematics, informatics and business, develop models for analytics of big data sets
– Able to find, select and understand scientific literature and use knowledge of scientific research in solving of the tasks of big data analytics
– Able to systemically substantiate, plan, organise and perform research of big data sets, knows mathematical methods suitable for creation of models for big data analysis, understands the stages of analysis and methodology of their performance, and is able to apply it
– Able to understand performance processes of business organisations, efficiency indicators, factors which determine decision-making, is able to use them for creation of mathematical models
– Able to create mathematical models for analytics of big data sets, select parameters, verify a model’s suitability or available data, to compare several models
– Able to create and use metadata, specify consumer’s needs and restriction for the information system
– Able to initiate, prepare, implement and present projects, interpret the received results of business systems, prepare analysis reports, formulate reasoned conclusions and forecasts, convey knowledge and understanding to the managers involved in decision-making of business, take responsibility for results and quality of his/her work

 

 

You may become

 – Development and maintenance of the big data repository
 – Development, installation and maintenance of business analytics systems
 – Development and maintenance of report system
 – Data processing, structuring and graphic display
 – Provision of business analysis and summarised insights to the managers
 – Analysis of data and business processes
 – Improvement and maintenance of business analytics system
 – Data processing, structuring and graphic display
 – Preparation of customer assessment reports
 – Preparation of process documentation, process modelling, assessment of performance, financial and economic indicators
 – Effective and high quality planning of the division’s activities, organisation and control of the work of subordinate employees, decision-making on the issues of organisation of the division’s work and personnel management
 – Management and optimisation of the division’s budget
 – Analysis of relevant data, provision of insights and proposals
 – Provision of proposals regarding implementation of effective and innovative solutions
 – Collection, structuring and analysis of financial and other data related to the company’s activities
 – Preparation of reports and provision of information to the management and structural divisions
 – Participation in preparation of the budget, forecasts of monetary flows while assessing investment projects and preparing operational plans

 

Minimum requirements

Proficiency in English
Language requirements

IELTS ≥6.0, TOEFL ≥85, CEFR ≥C1, or equivalent

Eligibility CGPA
University Bachelor degree certificate

Undergraduate diploma (or higher) with min. length of 180 ECTS (3 years of studies) is eligible.

Often you can get a suitable transcript from your school. If this is not the case, you will need official translations along with verified copies of the original.

The entry qualification documents are accepted in the following languages: English / Russian.

The documents must be legalised (Apostille) by the Ministry of Foreign Affairs of the country where the documents were issued. This requirement does not apply for the documents issued in the EU and Belarus, Ukraine.

Average grade (CGPA) > 60 %

 

Score structure

Component Coefficient
First component of the competition score

Average grade (CGPA) of University‘s Bachelor’s degree (min. length – 180 ECTS) and its supplement

0,7

Second component of the competition score

Research activities

0,2

Third component of the competition score

Motivation letter and online interview

0,1

 

Tuition fee

Foreign nationals with Lithuanian origins and EU citizens
Full-time studies 2933 €
Part-time studies 1955 €
Price per credit 48,88 €

 

Financial support