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Master in Management (Data Analytics Track)
Collection and analysis of vast amounts of data has become the holy grail of management in the21st century, where implementation of data-driven decision processes create lasting competitive advantages in the globalized business environment.
According to a study by MIT's Center for Digital Business, data-driven management and decision making increases organizational productivity by 4%and profits by 6%. Although business decisions must be driven by data, the data is complex and offers little meaning in its raw state. Consequently data must be transformed in a way that provides relevant insights to support decision making, identify new opportunities, and deliver operational efficiencies.
To address the challenges of business in the age of Big Data and digital technologies, LSB has created the Data Analytics Track in the Master in Management (MiM) Program. Built on the MiM's strong foundation in business and management, the cross-functional Data Analytics Track prepares future managers to apply the tools of modern data science to solve real-world business problems.
Our lecturers in Data Analytics are experts from academia a longside experienced practitioners from the financial and business sectors, such as digital marketing, financial security, and Fintech, to mention a few.
Perhaps it is best to conclude with a quote from W. Edwards Deming, one of the titans of data-driven management ~
"Without data, you are just another person with an opinion."
An undergraduate degree (Bachelor degree or equivalent) from a recognized college or university with a minimum of 180 ECTS in any field of study (engineering, social sciences, sciences, business, economics, arts, etc.).
For students without a Business or Management background, a ‘Business Bootcamp’ will be required. Classes of the Business Bootcamp will contain 4 courses, including Statistics and Mathematics.
They will be followed online parallelly to the normal classes.
FLUENCY IN ENGLISH
If you are not a native English speaker, please provide proof of English proficiency: Transcript of your TOEFL Score (Minimum Requirement: Paper Based: 550, Internet Based: 85) or IELTS Score (Minimum Requirement: 6.5) – B2 Level.
If you are a native English speaker, or you have received a university degree exclusively taught in English, you do not need to submit proof of English proficiency.
Does this course require proof of English proficiency?
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Business Bootcamp for non-business students
- Ethics & CSR
Business Bootcamp for non-business students
- Research Methods
- Problem Solving
- Financial Controlling
- Supply Chain
- Business Law
- Project Management
Career Development Workshops
- Digital Skills
- Finding a Job
- Client Facing
- Meeting with Companies
- Introduction to R Programming
- Analytics Software Tools in R and Python
- Optimization Methods and Linear Programming
- Data Science and Data Mining
- Operations Research
- Applied Statistics Lab
- Network Science in Social Media
- Ethics and Data Privacy
- Analytics Capstone Project
Paid internship/Master thesis
- The 6-month paid internship provides the opportunity to apply the knowledge acquired throughout the degree.
Students may complete a master thesis instead of an internship.
The Master in Management program tuition fee is EUR 9,000 per year. The combined total for the two-year program is EUR 18,000. Tuition fees do not cover the cost of textbooks.
Scholarships & funding
A limited number of scholarships are available from Luxembourg School of Business.
For more scholarship options that are available, please visit the school's website.
The Master in Management gives you business tools to kick-start your career in Luxembourg combining a paid internship and career workshops.
LUXEMBOURG IS A GREAT PLACE TO START A CAREER
Full of job opportunities
The job market has grown by 50% over the past 20 years – with competitive salaries (the monthly minimum wage starts at EUR 2,500 for skilled workers)
Headquarters of major companies
Luxembourg is home to international companies such as ArcelorMittal, Amazon, Ferrero, Goodyear, and the Big Four (KPMG, Ernst & Young EY, Deloitte and PwC).
In the heart of Europe
Luxembourg is a strategic location with easy access to numerous European cities such as Paris, London, Frankfurt or Brussels.
About this institute
Luxembourg School of Business
Luxembourg School of Business (LSB) is the first graduate business school in Luxembourg, delivering high-quality management education. LSB offers a part-time Master in Business Administration (Weekend MBA), a Full-Time Master in Management, as well as short specialized programs for individuals...
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