Johns Hopkins University

The STEM-designated Master of Science in Business Analytics and Risk Management (BARM) full-time program equips managers to improve decision making processes based on a rigorous treatment of data and information using the management of risk as an underlying guide and framework. This program is designed to teach ways to: quantify multiple dimensions of hard business problems; analyze the structure and data related to those problems; and create rigorous approaches based on that analysis to guide business decisions. In each setting elements of Data Science, Decision Modeling, and Business Analysis are synthesized to facilitate management of both opportunities and risks. Coursework provides exposure to both a variety of analytical tools and aspects of risk management which enable managers to make better decisions for themselves and their organizations.

An MS in Business Analytics and Risk Management provides graduates with the tools and knowledge to:

• Convert raw data into useful information
• Present that information in compelling ways
• Use information to understand complex decision settings
• Create rigorous approaches to problem solving
• Construct persuasive arguments based on careful analysis
• Use information to diagnose problems
• Use analysis to prescribe approaches to improve performance
• Develop ways to predict future performance
• Improve decision making at all levels
• Add value to any organization in need of more analytical expertise