Washington, D.C., United States of America
The STEM-designated Master of Science in Business Analytics and Risk Management (BARM) full-time program equips students to improve decision making processes based on a rigorous treatment of data and information. Students gain knowledge on different types of analytics methodologies, tools used to acquire and analyze data, derive insights from the data, and effectively communicate the results for a better decision making in a volatile business environment. This program is designed to teach ways to: quantify multiple dimensions of hard business problems; analyze the structure and data related to those problems; and create rigorous approaches based on that analysis to guide business decisions. Coursework provides exposure to business analytics and risk management principles along with necessary tools which enable students to make better decisions for themselves and their organizations.
An MS in Business Analytics and Risk Management provides graduates with the tools and knowledge to:
Convert raw data into useful information
Present that information in compelling ways
Use information to understand complex decision settings
Create rigorous approaches to problem solving
Construct persuasive arguments based on careful analysis
Use information to diagnose problems
Use analysis to prescribe approaches to improve performance
Develop ways to predict future performance
Improve decision making at all levels
Add value to any organization in need of more analytical expertise
Develop a thorough understanding of risk
Protect shareholder value by managing the downside of risk