Business Analytics https://undergradbiz.ucr.edu/ en New Analytics Major Responds to Marketplace https://undergradbiz.ucr.edu/news/2024/05/29/new-ucr-business-analytics-major <span>New Analytics Major Responds to Marketplace</span> <span><span>ilseu</span></span> <span><time datetime="2024-05-29T15:14:58-07:00" title="Wednesday, May 29, 2024 - 15:14">Wed, 05/29/2024 - 15:14</time> </span> <a href="https://undergradbiz.ucr.edu/news">More News</a> <picture> <source srcset="https://undergradbiz.ucr.edu/sites/default/files/styles/article_header_l/public/ucr-business-marketing-2022-58.jpg?h=0bf0bbe5&amp;itok=7YGRIO39 1x" media="all and (min-width: 1401px)" type="image/jpeg" width="1170" height="450"> <source srcset="https://undergradbiz.ucr.edu/sites/default/files/styles/article_header_l/public/ucr-business-marketing-2022-58.jpg?h=0bf0bbe5&amp;itok=7YGRIO39 1x" media="all and (min-width: 1025px) and (max-width: 1400px)" type="image/jpeg" width="1170" height="450"> <source srcset="https://undergradbiz.ucr.edu/sites/default/files/styles/article_header_m/public/ucr-business-marketing-2022-58.jpg?h=0bf0bbe5&amp;itok=LvWUPKyC 1x" media="all and (min-width: 768px) and (max-width: 1024px)" type="image/jpeg" width="1023" height="450"> <source srcset="https://undergradbiz.ucr.edu/sites/default/files/styles/article_header_s/public/ucr-business-marketing-2022-58.jpg?h=0bf0bbe5&amp;itok=iDnn-JBL 1x" type="image/jpeg" width="767" height="767"> <img loading="eager" width="1170" height="450" src="https://undergradbiz.ucr.edu/sites/default/files/styles/article_header_l/public/ucr-business-marketing-2022-58.jpg?h=0bf0bbe5&amp;itok=7YGRIO39" alt="Two people in front of a digital dashboard showing Business Analytics data"> </picture> David Danelski | Inside UCR <time datetime="2024-05-29T12:00:00Z">May 29, 2024</time> <div> <p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:inherit;color:rgb(69, 90, 100);font-family:&quot;Fira Sans Regular&quot;, &quot;Helvetica Neue&quot;, Helvetica, Roboto, Arial, sans-serif;font-size:16px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.6;margin:0px 0px 1rem;orphans:2;outline:none;padding:0px;text-align:start;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-rendering:optimizelegibility;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">Responding to industry demands, the UCR School of Business will soon offer an undergraduate degree in business analytics.</p> </div> <p>Those who complete the major will bring to the marketplace their ability to use quantitative methods to extract value from ever-increasing volumes of data to improve business decision-making processes.</p> <figure role="group" class="embedded-entity align-left"> <div alt="UC Riverside Anderson Dean Yunzeng Wang" data-embed-button="media_browser" data-entity-embed-display="media_image" data-entity-embed-display-settings="{&quot;image_style&quot;:&quot;article_image_listing&quot;,&quot;image_link&quot;:&quot;&quot;,&quot;image_loading&quot;:{&quot;attribute&quot;:&quot;lazy&quot;}}" data-entity-type="media" data-entity-uuid="f94b3b49-0f1b-4ada-92e0-c9ffee548059" data-langcode="en" title="UC Riverside Anderson Dean Yunzeng Wang"> <img alt="UC Riverside Anderson Dean Yunzeng Wang" height="266" loading="lazy" src="https://undergradbiz.ucr.edu/sites/default/files/styles/article_image_listing/public/Dean%20Yunzeng%20Wang.jpg?h=6542e9ac&amp;itok=DZ0Elk00" title="UC Riverside Anderson Dean Yunzeng Wang" width="266"> </div> <figcaption>UCR School of Business Dean Yunzeng Wang</figcaption> </figure> <p style="-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:inherit;color:rgb(69, 90, 100);font-family:&quot;Fira Sans Regular&quot;, &quot;Helvetica Neue&quot;, Helvetica, Roboto, Arial, sans-serif;font-size:16px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;line-height:1.6;margin:0px 0px 1rem;orphans:2;outline:none;padding:0px;text-align:start;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-rendering:optimizelegibility;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">As analysts, the program’s graduates will be equipped with the skills to describe and understand the past or current situation of a business, predict future outcomes, and recommend solutions to improve growth and performance.</p> <p>The demand for business analysts is high, and the field is growing fast. Business analytics jobs are projected to grow by up to 25% by 2031, according to the federal Bureau of Labor Statistics. Data from Indeed.com showed in February 2024 that 228 business analyst jobs were available within 35 miles of Riverside and that in California the average base salary was $93,431.</p> <p>The major was approved by the UCR Faculty Senate this month. It requires students to do in-depth coursework in the areas of business, math, statistics, and computer science. Because of its strong technical and quantitative focus, the School of Business will seek STEM (science, technology, engineering, and mathematics) certification for its business analytics major. Providing hands-on experiences, the program also requires an internship in the business analytics field.</p> <p>Beginning next year, the School of Business expects to enroll a selective cohort of business analytics students that will grow to about 100 such majors in the coming years.</p> <p>&nbsp;</p> <p>&nbsp;</p> <p style="text-align:center"><a href="mailto:david.danelski@ucr.edu" target="_blank"><img alt="David Danielski" height="143" src="https://undergradbiz.ucr.edu/sites/default/files/David_Danielski.jpg" width="500" loading="lazy"></a></p> <p>&nbsp;</p> <div class="tags-title">Tags</div> <div class="tags-list"> <div><a href="https://undergradbiz.ucr.edu/tags/inside-ucr" hreflang="en">Inside UCR</a></div> <div><a href="https://undergradbiz.ucr.edu/tags/business-analytics" hreflang="en">Business Analytics</a></div> </div> <div class="sharing-title">Share This</div><span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://undergradbiz.ucr.edu/news/2024/05/29/new-ucr-business-analytics-major" data-a2a-title="New Analytics Major Responds to Marketplace"><a class="a2a_button_facebook"></a><a class="a2a_button_x"></a><a class="a2a_button_linkedin"></a><a class="a2a_button_google_plus"></a><a class="a2a_button_email"></a><a class="a2a_button_printfriendly"></a><a class="a2a_dd addtoany_share" aria-label="more options to share" href="https://www.addtoany.com/share#url=https%3A%2F%2Fundergradbiz.ucr.edu%2Fnews%2F2024%2F05%2F29%2Fnew-ucr-business-analytics-major&amp;title=New%20Analytics%20Major%20Responds%20to%20Marketplace"></a></span><script> (function () { const customClassName = 'show-for-sr'; const targetContainer = document.querySelector('.a2a_kit.addtoany_list'); if (!targetContainer) return; const addClassToLabels = () => { const labels = targetContainer.querySelectorAll('.a2a_label'); if (labels.length > 0) { labels.forEach(label => { if (!label.classList.contains(customClassName)) { label.classList.add(customClassName); } }); console.log('Successfully applied show-for-sr class to AddToAny labels.'); return true; } return false; }; const observerConfig = { childList: true, subtree: true }; const observer = new MutationObserver((mutationsList, observer) => { if (addClassToLabels()) { observer.disconnect(); } }); if (!addClassToLabels()) { observer.observe(targetContainer, observerConfig); } })(); </script> Wed, 29 May 2024 22:14:58 +0000 ilseu 2466 at https://undergradbiz.ucr.edu