With technology development and increasing competition in the market, companies are facing a growing need to improve efficiency and optimize their business processes. “Business Architecture and Analytics” is a unique double-degree academic program: bachelor in Economics 38.03.01 with additional degree of specialist in Process Management in the concentration of training 38.03.02 Management. The program is aimed at training highly qualified economists, business analysts specializing in business process management and optimization, business architects.
The general partner of the program is JSC Kept is one of the leading audit and consulting firms with extensive technological practice, which helps clients become more efficient with digital products and solutions. The best of them are included in the program “Business Architecture and Analytics”.
BUSINESS ANALYSTS analyze business processes, data, and other information in an organization to help improve its efficiency and profitability. Analysts help companies make decisions based on data and facts, not just based on intuition and experience. Business analysts collect and analyze data on the company’s performance, market, competitors, and other aspects of business; identify problems and challenges in business processes, develop recommendations for their improvement; develop business plans and strategies for the company’s development; creating reports and dashboards that allow you to make decisions based on data. To develop these skills, the program provides in-depth study of business analytics, programming in R and Python (Pandas, NumPy, Numba, dask, PyTorch), working with databases (SQL/NoSQL), BI systems, etc.
PROCESS MANAGEMENT SPECIALISTS help organizations optimize their business processes, improve the quality of products and services, reduce costs, increase efficiency, and increase company profits. Alumni of the program have the tools of business process analysis (Process Intelligence), functional and cost analysis of business processes (activity-based costing), graphical process modeling language ARIS, process management skills, design, optimization and controlling of business processes.
BUSINESS ARCHITECTS develop business models and strategies, help organizations build effective business processes, define processes and information flows that control changes in the company. Alumni of the program can model the architecture of an organization based on the ArchiMate methodology, including processes, structure, roles, and relationships between them, determine business requirements and standards for IT solutions related to business processes. All this makes alumni of the program very valuable for companies, especially in highly competitive market conditions.
The unique program combination of double degrees, close cooperation with leading audit and consulting companies, as well as long-term practice of training professionals in business analytics, business informatics, big data analysis and programming allow us to guarantee 100% employment for all our successful alumni.
Two fundamental courses in which students study R and Python are the most popular, effective, and universal languages widely used in machine learning and big data processing for building a report, managing data display, generating reports in standard formats.
Two key courses where students learn more about the tools of analysis, modeling and engineering of the organization architecture based on TOGAF and ArchiMate: building business models, levels of IT organization architecture, organization business capabilities. Organization models PCF APQC, Supply Chain Operations Reference Model, eTOM, etc.
This discipline will allow you to master the skills of designing and developing databases using the SQL programming language, students learn how to:
Students study the graphical process modeling language ARIS, methods for describing and analyzing business processes, tools for business process analysis (Process Intelligence) and controlling business processes based on regulations, methods for analyzing and reengineering business processes, integrated automated business process management systems.
In-depth study of Python libraries: NymPy, Pandas, Numba and Dask. Learning how to work from Python with databases (SQLite API), c Excel (XLWings). Parallel data processing. Predictive modeling and business data analytics tools in Business Intelligence and Advanced analytics. Data mining, WEB mining, text mining.
Students study the companies’ production structure, analytical tools for the production strategy development, the organization of production and its scientific and technical training. Planning the production systems and equipment placement in space and time. Planning of production of products and services, labor process.
Students learn to connect and transform data in Power BI and PowerQuery, learn Azure Analysis Services, the M language. DAX data analysis expressions. R scripts, Python scripts, and Visio visualizations.
Students study linear and nonlinear programming, graph theory (network models of decision-making), regression analysis and multi-criteria optimization (decision-making with many alternatives), matrix games (decision-making in the face of opposition), positional games, etc.
A group of three disciplines in which students learn to analyze companies’ financial and economic activities according to financial reporting indicators, to justify optimal management decisions based on the analysis results.
Students gain skills in cost management and calculating production costs, cost accounting for responsibility and budgeting centers, operational control, and business performance analysis, learn to inform strategic management decisions.
Alumni of the program are in great demand by modern business, especially in large organizations of various economic sectors (financial sector, industry, telecommunications, healthcare, etc.).
Alumni of the program are also in demand in the public sector, in government bodies and government structures, where effective process management can help improve the quality of public services and optimize costs.
Areas of alumni's employment:
The tasks of process management specialists may vary depending on the industry and the specific organization, but their overall goal is to improve business processes and increase the company's efficiency. They can work in various industries, such as manufacturing, finance, healthcare, telecommunications, and others.
A unique opportunity to receive double degrees at once during training: bachelor in Economics 38.03.01 with an additional degree of specialist in Process Management in the concentration 38.03.02 Management.
In-depth (in comparison with other programs in Economics) study of mathematics, programming (R, Python, SQL), IT tools of business analytics, modeling and engineering of organizations’ business processes.
Specialization from the 1st year (study of R, Python, SQL, business fundamentals) — an opportunity to study more deeply the tools of business analytics, process management, business architecture modeling, as well as to start internships in the chosen specialty earlier.
The general partner of the program is JSC Kept, one of the leading audit and consulting firms with extensive technological practice, which helps clients become more efficient with digital products and solutions. The best of them are included in the program “Business Architecture and Analytics”.
