msc marketing analytics

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MSc Marketing Analytics Anick Bosmans, Program Director Jacco Muntz, student

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Page 1: MSc Marketing Analytics

MSc Marketing Analytics

Anick Bosmans, Program DirectorJacco Muntz, student

Page 2: MSc Marketing Analytics

Agenda

• Why a MSc in Marketing Analytics?

• Our Program

• Sneak Preview of (some of the) Courses

• Extra’s

• Career Perspectives

• Entry Requirements

• Questions & Contact Information

Page 3: MSc Marketing Analytics

Why a MSc in Marketing Analytics?

Page 4: MSc Marketing Analytics

Why a MSc in Marketing Analytics?

• Marketing Analytics is a rapidly growing field: We are living in a “big data” world

• One of the key success factors for business organizations is to turn (big) data into valuable information to support their decisions

• Focus is on collecting and analyzing customer-centric data (such as online browsing behavior and purchase data) to enhance marketing productivity• Describe past consumer behaviors • Predict future consumer behaviors• Find innovative ways to create customer value for firms

Page 5: MSc Marketing Analytics

Msc Marketing Analytics at Tilburg University• Key characteristics:

• Part of Data Science project (JADS)• Focus on key Marketing Analytics courses; with a

slice of Marketing Management, Information Management, and Business Analytics

• Excellent reputation in education and research• Knowledge – Skills – Attitudes: state of the art

knowledge applied to business • Unique

• Practical:• Two entry moments (September / February)

Page 6: MSc Marketing Analytics

MSc in Marketing Analytics & Data Science

engineering

Eindhoven University of Technology

society

Tilburg University

entrepreneurship

Mariënburg Den Bosch

Master Data Science in Engineering

Master Data Science: Business and Governance

Master Business Analytics and Operational Research

Master Marketing Analytics

Joint Master Data Science and Entrepreneurship

PDEng(post-master)

PhD

Joint BSc

Joint BSc

Page 7: MSc Marketing Analytics

Differences in the DS MSc programs

DS Marketing Analytics: Focus on customer centric data, linking pin to management

DS Business Analytics & Operations Research: Technical but with a focus on optimization of existing activities like logistics, scheduling etc

DS Business & Governance: Focus on the use of data science to improve policy/decision making, linking pin with core technical skills

Joint MSc DS & Entrepreneurship: Very technical but with a strong focus on business (opportunities) and practical knowledge & skills

DS in Engineering: Very technical, with a strong focus on engineering, forecasting and algorithms

Page 8: MSc Marketing Analytics

Our Program

Page 9: MSc Marketing Analytics

The Program in a Nutshell

• 1 year• 2 Inflow moments (September / February)• 60 ECTS (1680 study hours / 1 ECTS = 28 study hours)

• 5 core courses on Marketing Analytics (5 x 6 ECTS = 30 ECTS)• 2 Electives (2 x 6 ECTS = 12 ECTS), from

• MSc Marketing Management• MSc Information Management• MSc Business Analytics• MSc Data Science Business and Governance• Research Master Business, track Marketing (CentER)

• 1 MSc Thesis (18 ECTS)

• Various extracurricular Career Development Events (not compulsory but highly recommended)

Page 10: MSc Marketing Analytics

Core Courses

• Introduction to Research in Marketing (6 ECTS)• Choose 4 from (24 ECTS)

• Research in Social Media• Customer Analytics• Market Assessment• Experimental Research• Conjoint Analysis• Survey Methodology

• MSc Thesis (18 ECTS)• Company-defined or self-defined

Page 11: MSc Marketing Analytics

Elective Courses

• Choose 1 from MSc in Marketing Management (6 ECTS):• Brand Management• Marketing Channel Management• Marketing Communication• Strategic Marketing Management

• Choose 1 from related disciplines (6 ECTS):• MSc Information Management: Business Intelligence and

Data Management, Business Analytics and Emerging Trends• MSc Data Science: Analytics for Business and Governance, • MSc Business Analytics: Panel Data• Research Master Business (CentER): Marketing Models,

Structural Equation Modeling, Quantitative Models

Page 12: MSc Marketing Analytics

General StructureUnit 1 Unit 2 Unit 3 Unit 4

A. Introduction to Research in Marketing

B. Conjoint Analysis A. Introduction to Research in Marketing

B. Customer Analytics

D. Brand Management

B. Market Assessment D. Strategic Marketing Management

B. Research in Social Media

D. Marketing Channel Management

B. Survey Methodology

D. Marketing Communication

B. Experimental Research

C. Business Intelligence and Data Management

C. Structural Equation Modelling for Business

C. Analytics for Business and Governance

C. Business Analytics and Emerging Trends

C. Marketing Models

C. Panel Data Analysis

Optional: Google Online Marketing Challenge

Optional: L’Oreal Brandstorm Challenge

Master Thesis Master Thesis

Introduction to Research in Marketing (cluster A) + 1 Managerial Course (cluster D)+ (5 cluster B courses) OR (4 cluster B courses + 1 cluster C course) + Master Thesis

Page 13: MSc Marketing Analytics

Unit 2 - From a Student’s Perspective

Page 14: MSc Marketing Analytics

Sneak Preview of Some Courses

Page 15: MSc Marketing Analytics

• Content: Insights into statistical techniques (conjoint analyses) to determine how people value different attributes (e.g. price, color, brand, packaging, claim, size, memory, design, ...) of a product or service

• Structure:• Lectures providing you with state of the art knowledge

about setting up and analyzing conjoint studies• Lab sessions familiarizing you with the technique and

software (SawTooth)• 3 hands-on assignments

Sneak Preview – Conjoint Analysis

Page 16: MSc Marketing Analytics

Sneak Preview – Customer Analytics

• Content: • Techniques to analyze “big data” from company

databases• Topics include: selecting customers for a direct mail

campaign, estimating customers’ life time value of a customer

• Structure:• Lectures + guestlectures (e.g. BlueMango, Bol.com,

KPN)• Assignments on real-life databases

Page 17: MSc Marketing Analytics

Sneak Preview – Research in Social MediaContent: • Statistical analyses on big data from online social networks

(e.g., Facebook), social publishing services (e.g. Twitter), social entertainment providers (e.g. Spotify) and social commerce websites (e.g. Amazon.com).

• Programming skills (SQL, Python,…)Structure:• Lectures + weblectures (instruction) + guestlectures (e.g.

Musicmetric)• Several real life cases: Social Media Challenge (e.g.,

Musicmetric, Buma/Stemra), Facebook API, Campaign effectiveness on Twitter

Page 18: MSc Marketing Analytics

Sneak Preview - Master Thesis (I)- In your final two units

- Can be:- Company defined (note: not just an internship)- Researcher defined- Self-defined

- Always involves data collection and analysis (not just literature review)

Page 19: MSc Marketing Analytics

• Thesis Severine Hennissen : “The role of personal search tasks in SEA effectiveness”• Company: Blue Mango Interactive• Research Question: How do consumers’ search tasks

(informational vs. transactional) influence their attention to sponsored search results?

• Eye-tracking study, 2 group design, 5 different product categories

19

Sneak Preview - Master Thesis (II)

Page 20: MSc Marketing Analytics

Business Challenges (2 ECTS)

Page 21: MSc Marketing Analytics

• Expand your professional (marketing) skills• Get in touch with companies• Organized in collaboration with Career Services,

Companies, Study associations, etc.

Examples:• Data Visualization workshop by Tableau• SEA / SEO workshop• Google Digital Garage• Page Personnel: Pimp your CV• Tilburg Career Days: Meet the Companies

Career Development Events

Page 22: MSc Marketing Analytics

Extras

Page 23: MSc Marketing Analytics

Combining Two MSc’s• Examples:

• MSc Marketing Management + MSc Marketing Analytics• MSc Business Analytics + MSc Marketing Analytics• MSc Econometrics + MSc Marketing Analytics

• How it works:• 12 ECTS can be exempted in each master, on the basis of grades in the

other master• 48 ECTS per MSc (instead of 60 ECTS) • 2 MSc Theses• Note: approval for exemptions needed from Program Board• Note: Math is required for MSc MA

Example:

Page 24: MSc Marketing Analytics

Extended Master (Pilot)• Regular MSc + “Official” Company Internship + 2

Professional Skills Training courses (team management and leadership; advanced presentation skills)

• For top students already in the MSc program: selected by Program Board AND participating companies

• Application procedure: fall 2017• 18 months• MSc degree + certificate

Page 25: MSc Marketing Analytics

AssetFormal activities: • Dutch Marketing Thesis Awards• The International Marketing Expedition (TIME)• Marketing Recruitment Day• Nationale Marketing Strijd• Markethings Week• Economic Business weeks TilburgInformal activities: • Marketing Event• Commercial Night• Study Trip• Drinks

https://asset-marketing.nl/

Page 26: MSc Marketing Analytics

Career Perspectives

Page 27: MSc Marketing Analytics

• Excellent Career Perspectives:

• Data Scientists, Customer Intelligence Specialists, Market(ing) Analysts, Business Analysts…

• In:

• Marketing research agencies

• Consulting firms

• Research departments of large companies

• Online Marketing Agencies

• …

Job Profiles

Page 28: MSc Marketing Analytics

Graduates 2016

Page 29: MSc Marketing Analytics

Graduates 2010

Page 30: MSc Marketing Analytics

Entry Requirements

Page 31: MSc Marketing Analytics

For Whom?

• BSc BE / IBA TiU: automatically admitted

• Other University BSc: check website and/or program coordinator ([email protected]) Academic Premaster available.

• HBO Pre-Master available:Check website & visit hbo premaster session!

BSc students with the following background:

Math and Statistics (18 ECTS)Economics (12 ECTS)Accounting or Finance (12 ECTS)Management (12 ECTS)Marketing (12 ECTS)Academic Competences (24 ECTS)

Exact application procedure: see website!

Page 32: MSc Marketing Analytics

Visit us at the Fair / Information Market

Examples Assignments

Thesis Samples

Course Outlines

Meet Student Ambassadors:

• Daniel Kaminski

• Jacco Muntz

• Robin van Schaik

Meet our Program Coordinator: Saskia Blijlevens

Business Challenge Samples

Page 33: MSc Marketing Analytics

Questions?Contact Info:

Program Coordinator:[email protected]

Program Director:[email protected]