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Lancaster University

Business Analytics (Industry)

UCAS Code: N1N3

Bachelor of Science (with Honours) - BSc (Hons)

Entry requirements


A level

A,A,B

Access to HE Diploma

D:36,M:9,P:0

International Baccalaureate Diploma Programme

35

with 16 points from the best 3 Higher Level subjects

Pearson BTEC Level 3 National Extended Diploma (first teaching from September 2016)

DDD

UCAS Tariff

136

We've calculated how many Ucas points you'll need for this course.

About this course


Course option

4.0years

Full-time | 2021

Subject

Operational research

How can analysing data solve real-life problems? What does it mean to think statistically? If you're numerate and analytically minded, this degree can help launch your career in industry, finance, the public sector, government or consulting. In fact, in any data-rich and technology-dependent organisation.

This is a four-year industry degree. You will learn techniques and approaches that help organisations plan and improve their decision-making process. We will teach you how to make forecasts and use data to understand complex behaviour. You'll be introduced to operational and strategic business contexts. As part of a team, you will work on a project for an actual client in the Lancaster area.

In your second and final years you will study a set of compulsory project management modules, which will act as a core' to help you put ideas into practice, gain employee support during organisational change initiatives, and improve your consultancy skills. You will also choose modules from specialist tracks' if you wish. The Business Analytics track delivers the mathematical tools to develop practical, numerate and computer-based modelling.

The Operations, Logistics and Supply Chain Management track explores the problems faced by operations managers. It covers topics such as purchasing, inventory planning and risk analysis. Perhaps you want to learn more about designing and managing the computer-based systems of our digital economy. If so, the Information Systems specialism track is for you.

Your third year consists of a supervised placement in industry, with previous students joining companies such as IBM and Bosch. Roles in finance, support or operations allow you to see how processes and theories are used. This experience also provides valuable insight for your final year academic studies.

Truly modern organisations rely on sophisticated analysis and technology to perform effectively. We are proud to produce creative, technically competent and skilled graduates who can deliver these skills and more.

The University will use all reasonable effort to support you to find a suitable placement for your studies. While a placement role may not be available in a field or organisation that is directly related to your academic studies or career aspirations, all placement roles offer valuable experience of working at a graduate level and gaining a range of professional skills.

If you are unsuccessful in securing a suitable placement for your third year, you will be able to transfer to the equivalent non-placement degree scheme and would continue with your studies at Lancaster, finishing your degree after your third year. The University offers a range of shorter placement and internship opportunities for which you would be welcome to apply.

Tuition fees

Select where you currently live to see what you'll pay:

England
£9,250
per year
Northern Ireland
£9,250
per year
Scotland
£9,250
per year
Wales
£9,250
per year

The Uni


Course location:

Lancaster University

Department:

Organisation, Work and Technology

TEF rating:
Read full university profile

What students say


We've crunched the numbers to see if overall student satisfaction here is high, medium or low compared to students studying this subject(s) at other universities.

81%
med
Operational research

How do students rate their degree experience?

The stats below relate to the general subject area/s at this university, not this specific course. We show this where there isn’t enough data about the course, or where this is the most detailed info available to us.

Operational research

Teaching and learning

77%
Staff make the subject interesting
98%
Staff are good at explaining things
89%
Ideas and concepts are explored in-depth
97%
Opportunities to apply what I've learned

Assessment and feedback

Feedback on work has been timely
Feedback on work has been helpful
Staff are contactable when needed
Good advice available when making study choices

Resources and organisation

92%
Library resources
85%
IT resources
85%
Course specific equipment and facilities
78%
Course is well organised and has run smoothly

Student voice

Staff value students' opinions

Who studies this subject and how do they get on?

35%
UK students
65%
International students
59%
Male students
41%
Female students
79%
2:1 or above
6%
Drop out rate

Most popular A-Levels studied (and grade achieved)

A
A
A

After graduation


The stats in this section relate to the general subject area/s at this university – not this specific course. We show this where there isn't enough data about the course, or where this is the most detailed info available to us.

Operational research

What are graduates doing after six months?

This is what graduates told us they were doing (and earning), shortly after completing their course. We've crunched the numbers to show you if these immediate prospects are high, medium or low, compared to those studying this subject/s at other universities.

£24,000
med
Average annual salary
96%
med
Employed or in further education
84%
high
Employed in a role where degree was essential or beneficial

Top job areas of graduates

28%
Business, research and administrative professionals
24%
Business, finance and related associate professionals
9%
Teaching and educational professionals

Not a very common degree on its own, this is often taken in combination with maths degrees. The skills gained by operational research graduates mean that they are in demand, so have a low unemployment rate and pretty respectable salaries, especially in finance and in London - the average starting salary for OR graduates in the capital was nearly £33,000 last year.

What about your long term prospects?

Looking further ahead, below is a rough guide for what graduates went on to earn.

Operational research

The graph shows median earnings of graduates who achieved a degree in this subject area one, three and five years after graduating from here.

£25k

£25k

£26k

£26k

£30k

£30k

Note: this data only looks at employees (and not those who are self-employed or also studying) and covers a broad sample of graduates and the various paths they've taken, which might not always be a direct result of their degree.

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This is what the university has told Ucas about the criteria they expect applicants to satisfy; some may be compulsory, others may be preferable.

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This is the percentage of applicants to this course who received an offer last year, through Ucas.

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This is what the university has told Ucas about the course. Use it to get a quick idea about what makes it unique compared to similar courses, elsewhere.

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Course location and department:

This is what the university has told Ucas about the course. Use it to get a quick idea about what makes it unique compared to similar courses, elsewhere.

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Teaching Excellence Framework (TEF):

We've received this information from the Department for Education, via Ucas. This is how the university as a whole has been rated for its quality of teaching: gold silver or bronze. Note, not all universities have taken part in the TEF.

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This information comes from the National Student Survey, an annual student survey of final-year students. You can use this to see how satisfied students studying this subject area at this university, are (not the individual course).

We calculate a mean rating of all responses to indicate whether this is high, medium or low compared to the same subject area at other universities.

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This information is from the Higher Education Statistics Agency (HESA).

You can use this to get an idea of who you might share a lecture with and how they progressed in this subject, here. It's also worth comparing typical A-level subjects and grades students achieved with the current course entry requirements; similarities or differences here could indicate how flexible (or not) a university might be.

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Post-six month graduation stats:

This is from the Destinations of Leavers from Higher Education Survey, based on responses from graduates who studied the same subject area here.

It offers a snapshot of what grads went on to do six months later, what they were earning on average, and whether they felt their degree helped them obtain a 'graduate role'. We calculate a mean rating to indicate if this is high, medium or low compared to other universities.

Have a question about this info? Learn more here

Graduate field commentary:

The Higher Education Careers Services Unit have provided some further context for all graduates in this subject area, including details that numbers alone might not show

Have a question about this info? Learn more here

The Longitudinal Educational Outcomes dataset combines HRMC earnings data with student records from the Higher Education Statistics Agency.

While there are lots of factors at play when it comes to your future earnings, use this as a rough timeline of what graduates in this subject area were earning on average one, three and five years later. Can you see a steady increase in salary, or did grads need some experience under their belt before seeing a nice bump up in their pay packet?

Have a question about this info? Learn more here