Business analytics is a relatively new subfield of data science that integrates techniques and concepts from the fields of computer science, statistics, and economics. Business analytics students receive substantial training in economic theory and then use computer science and statistical methods to formulate business strategy. The foundation in economic theory is what makes the business analytics degree different from a data science degree.
In order for business analysts to be effective, they must understand the raw materials of data science in their field, namely, accounting and financial data. In fact, understanding accounting and financial data distinguishes business analytics from other fields of data science, such a bioinformatics.
For this reason, students who select the Business Analytics BSBA degree will take the same common, primary, and secondary core classes as all other BSBA majors in the College of Business. For the 27 credit hours (9 courses) that are unique to the Business Analytics BSBA degree, 7 of the 9 courses are existing economics courses that emphasize the economic theories and skills that will make the students competitive in the field of business analytics.
Degree Requirements
- Students who change degree programs and select this major must adopt the most current catalog.
- Students wanting to major in Business Analytics must meet admission requirements for the major.
- Any student receiving a business degree must complete a minimum of 30 of the 61 upper level business credit hours for their degree program in the UCF College of Business Administration. Additionally, 12 of the 30 credit hours completed at UCF must be from the department or school in which the student majors.
- For students seeking a double major within the College of Business, a maximum of 6 hours of Required Courses for the Major or Restricted Electives may count towards another business major.
- A maximum of 6 hours of Core Requirements or Restricted Electives may count towards another degree program or minor.
- Students in the Economics major must maintain a 2.0 or higher cumulative Grade Point Average in all major courses taken at UCF and a 2.0 or higher cumulative GPA in all College of Business courses taken at UCF. Failure to maintain the required GPAs will result in the student being placed on Lack of Progress in the major and/or College. If a student on Lack of Progress fails to achieve the minimum required GPA in the subsequent term of enrollment, the student will be dismissed from the Economics major and/or College of Business. Students dismissed from their major are not eligible to declare a minor in the major they were dismissed from. Students who change their major while on Lack of Progress in the Major and take courses in a subsequent term of enrollment are not permitted to return to the major or minor for which they were placed on Lack of Progress. A student who is dismissed may seek consideration for re-admittance into the College or major by submitting an academic appeal through the College indicating the reasons for academic difficulties and positive plans for achieving the required GPA. Readmission is not automatic or guaranteed and as an exception to College policy is rarely granted.
- Students must earn a "B" or higher in QMB 3003 and QMB 3200 (or a "C" or higher in the equivalent calculus and statistics courses). In addition, only grades of "C" or higher transfer into the program and students must earn a minimum of "C" or higher in all business courses. This includes all courses under requirements Common Program Prerequisites (CPP), Core Requirements: Advanced Level (Primary Core, Secondary Core and Required Courses), and Capstone Requirements below.
- Students enrolled in UCF’s Honors Undergraduate Thesis (HUT) program who complete ECO 4903H (3 units) and ECO 4970H (3 units), and then successfully defend their thesis can substitute ECO 4970H for one restricted elective course in the major.
Program Prerequisites
- Completion of the following courses at UCF or at an AACSB accredited institution: QMB 3200, MAR 3023, FIN 3403, MAN 3025, and ACG 3173, with a GPA of 2.0 or better. One course may be repeated one time in the next term of enrollment to meet these requirements and completion of GEB 3006.
Degree Requirements
Core Requirements: Advanced Level
57 Total Credits
- Complete all of the following
Primary Core- Complete the following:
- ACG3173 - Accounting for Decision-Makers (3)
- FIN3403 - Business Finance (3)
- MAN3025 - Management of Organizations (3)
- MAR3023 - Marketing (3)
- QMB3200 - Quantitative Business Tools II (3)
Secondary Core- Complete the following:
- BUL3130 - Legal and Ethical Environment of Business (3)
- GEB3005 - Career Search Strategy (1)
- GEB3006 - Introduction to Career Development and Financial Plannings (3)
- GEB4004 - Executing Your Career Plan (1)
- GEB4223 - Business Interviewing Techniques (1)
- MAR3203 - Supply Chain and Operations Management (3)
- QMB3602 - Business Research for Decision Making (3)
Required Courses- Complete the following:
- ECO3101 - Intermediate Microeconomics (3)
- ECO3410 - Mathematical Economics (3)
- ECO4400 - Game Theory and Economics (3)
- ECO4412 - Econometrics I (3)
- ECO4422 - Econometrics II (3)
- ECO4443 - Introduction to Business Analytics (3)
- ECO4934 - Topics in Econometrics (3)
- QMB3310 - Spreadsheets in Business Analytics (3)
- QMB3311 - Python for Business Analytics (3)
Capstone Requirement
3 Total Credits
- Complete all of the following
- This course is to be completed in the final semester before graduation. Must be completed with a "C" or better.
- Complete the following:
- QMB4911 - Capstone Project in Business Analytics (3)
Grand Total Credits: 60
Core Requirements: Basic Level
Foreign Language Requirements
Admissions
- Two years of one foreign language in high school, or one year of one foreign language in college (or equivalent proficiency exam) prior to graduation.
Graduation
Additional Requirements
Required Minors
Departmental Exit Requirements
- Students majoring in Business Analytics must earn a grade of "C" or better in each course that counts towards the major, as well as a 2.0 overall average in the major, and a minimum College of Business GPA of 2.0.
University Minimum Exit Requirements
- A 2.0 UCF GPA
- 42 semester hours of upper division credit completed
- 60 semester hours earned after CLEP awarded
- 30 of the last 39 hours of course work must be completed in residency at UCF.
- A maximum of 45 hours of extension, correspondence, CLEP, Credit by Exam, and Armed Forces credits permitted.
- Complete the General Education Program, the Gordon Rule, and nine hours of Summer credit.
Total Undergraduate Credit Hours Required: 120
Advising Notes
- Florida College System students are advised to complete the Associate of Arts degree, to include the general education requirements, the common program prerequisites for the SUS system, and college algebra.
- Orientation and advising are two of the most valuable tools that a student can make use of when transferring to UCF. Be sure that you take advantage of both.
Transfer Notes
- Lower division courses do not substitute for upper division courses.
- Courses transferred must be formally evaluated for equivalency credit. The student must provide a course syllabus and any other supporting information with his/her petition for this evaluation.
- Common Program Prerequisites for the State University System for College of Business Administration programs include Financial Accounting, Managerial Accounting, Macroeconomics, Microeconomics, Calculus, Statistics, and a relevant computer class. At UCF Business, students who have completed the calculus and statistics class will be waived from Quantitative Business Tools I. Students who have completed either the calculus or the statistics, but not both, must take Quantitative Business Tools I.
- Subject to the general grade and residence requirements, credit will be granted for transferred course work equivalent to that required in the UCF Business program. Only grades of "C" or higher transfer into the program and students must have a "C" or better in each common program prerequisites class.
- Any student receiving a business degree must complete a minimum of 30 of the 61 upper level business credit hours for their degree program in the UCF College of Business Administration. Additionally, 12 of the 30 credit hours completed at UCF must be from the department or school in which the student majors.
Acceptable Substitutes for Transfer Courses
Program Academic Learning Compacts
- Program Academic Learning Compacts (student learning outcomes) for undergraduate programs are located at: https://oeas.ucf.edu/about/academiclearningcompacts/
Equipment Fees
- Part-Time Student: $15 per term
- Full-Time Student: $30 per term
