Master's Programme in Business Analytics
Lappeenranta, Finland
MSc
DURATION
2 years
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
21 Jan 2026*
EARLIEST START DATE
Sep 2026
TUITION FEES
EUR 15,000 / per year **
STUDY FORMAT
On-Campus
* regular admission starts 15 December 2025 | early admission 1 to 8 October 2025
** EUR 5,000 early bird discount
Key Summary
Organizations today are using business analytics for their decision-making purposes.
The need for analytics is growing due to the abundance of data available. Business analytics includes quantitative and statistical analysis, machine learning, multivariate testing, predictive modeling, and multiple-criteria evaluation and decision support. It uses data to evaluate past performances and to draw up plans for the future.
In business analytics, we examine data through operational and statistical analysis, optimization techniques, and the formation of predictive models. We communicate the results to business partners, customers, etc., in the most suitable way for the given task.
Business analytics leverages evidence-based data analysis and quantitative methods for decision-making and business modeling. It also utilizes expert knowledge and qualitative data through soft computing methods to build models that are representative enough of the studied systems and their context. We aim to provide business intelligence, insights into business and industry processes, and advanced managerial decision support.
As a graduate of this program, you will be in high demand and have access to interesting positions in business and industry.
Your studies in this program will focus on theoretical knowledge and technical skills in relevant business analytics methods, including data analytics, modeling, simulation, and multiple-criteria decision-making and evaluation methods and their practical use on real-world data in a real-world business or industry context. The software and tools applied during the course are standard in the industry.
As a graduate, you will be a competent business analytics professional who knows and can critically analyze the theories and methods in the field.
During the program, you will acquire:
- Professional skills to critically analyze the theories and methods in this field; you will be able to choose the correct business analytics methods and use them in practice to draw logical conclusions and make recommendations in strategic decision-making situations
- Competence in applied business research; you will be able to draw justified conclusions and analytically discuss the implications of research results
- Responsible business skills to critically evaluate the consequences of business decisions from a responsibility perspective
- Teamwork skills: you will have a good collaboration and interpersonal communication skills and will be an effective team member and capable of solving problems in teams.
As a graduate, you will be a perfect fit for the business development and business analytics teams of global corporations and small and medium-sized enterprises (SMEs).
Hands-on skills in business analytics are in very high demand globally – there is a great shortage of business analytics professionals on the market.
The program is practical and career-oriented and gives you a unique multi-disciplinary education in technology and business, which is highly valued in the corporate world and industry.
You will be prepared for a career in business analytics and analytical business development as an analytics professional in an industrial or service company or as a consultant.
Entrepreneurship is also a realistic possibility with the pragmatic skill set you will acquire.
The Master's Program in Business Analytics is a two-year program leading to the degree of Master of Science in Economics and Business Administration, M.Sc. (Econ. & Bus. Adm.).
It is 120 ECTS credits and includes core, advanced specialization, and language studies as well as a Master's thesis.
Core studies, 60 ECTS credits
Include courses on the background, basics, and tools of business analytics and business development, such as information systems in corporate management and decision-making, business ethics, data analytics, simulation and system dynamics in business analytics, and business process modeling.
Advanced specialization studies, 24 ECTS credits
Include courses on topics such as real options and managerial decision-making, the basics of business analysis, marketing analytics, big data analytics, and advanced decision-making methods.
Language studies, 6 ECTS credits
In one foreign language; not English.
Master's thesis, 30 ECTS credits
An advanced research project frequently involves solving a real-life problem for a specific company or industry. It is completed during the program's fourth semester and requires approximately six months of full-time work.
Early Bird discount / First academic year
When required to pay a tuition fee, you are offered
- an Early Bird Discount of EUR 5,000 (making the early bird fee for the first year EUR 10,000)
for the first academic year if confirming your place and paying the rest of the tuition fee of EUR 10 000 within 21 days from the date of having received your Certificate of Admission.
Early Bird discount is available in both Regular Admission and Early Admission.
LUT Scholarship / Second academic year
When required to pay a tuition fee, you are offered
- LUT Scholarship of EUR 5 000
for the second academic year if having completed a minimum of 60 ECTS credits of studies included in the personal study plan during the first academic year.
With LUT Scholarship the tuition fee is EUR 10 000 for the second academic year.
The required ECTS credits will be automatically checked for and they must be included on your Transcript of Records by the end of the first academic year i.e. by 31 July.