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Bachelor in Statistics and Business

Estadística y empresa
Duration
4 years (240 ECTS credits)
Centre
Language
Spanish

Presentation

UC3M is the first Spanish university to offer a Bachelor’s Degree in Statistics and Business, a cutting edge and competitive degree leading to very attractive professional opportunities for its graduates. The goal of this program is to form professionals with quantitative skills who can transform data into useful information for the decisions of businesses and institutions in sectors such as finance, banking, insurance and business consulting.

To this end, we have created a degree in statistics with a business orientation and an important applied nature that fosters the learning of computer science while placing special importance on mathematical education. Likewise, it emphasizes teamwork, aspects of computation and information processing with the use of the most advanced software.

Thanks to professional internship programs with companies and institutions in the industry, students have the opportunity to carry out internships that will provide them with greater knowledge of the professional world.

Employability and profesional internships

UC3M has agreements with over 3000 companies and institutions in which students can undertake internships and access job openings.

A total of 93.4 % of graduates from this University enter the job market the first year after finishing their studies, according to the 2019 XXIV Estudio de Inserción Profesional (Professional Placement Study).

 

International Excellence

QS Top 50 Under 50
Times Higher Education (THE)
Erasmus+

Program

Mobility

  • Exchange programs

    Exchange programs

    The Erasmus programme permits UC3M first degree and post graduate students to spend one or several terms at one of the European universities with which UC3M has special agreements or take up an Erasmus Placement, that is a work placement or internship at an EU company. These exchanges are funded with Erasmus Grants which are provided by the EU and the Spanish Ministry of Education.

    The non-european mobility program enables UC3M degree students to study one or several terms in one of the international universities with which the university has special agreements. It also has funding from the Banco Santander and the UC3M.

    These places are offered in a public competition and are awarded to students with the best academic record and who have passed the language threshold  (English, French, German etc..) requested by the university of destination.

  • European mobility

    European mobility

  • Non european mobility

    Non european mobility

Student profile

  • Entry profile

    Entry profile

    The following skills and abilities are desirable:

    • Numerical and logical reasoning
    • Abstract reasoning
    • Observation and perception
    • Attention and concentration

    All these skills and abilities will be developed further throughout the duration of the degree, as part of the competencies acquired.
    In addition to the points listed above, on a personal level, students should possess the following qualities:

    • Creativity and imagination
    • Organizational skills and study habits
    • Teamwork and leadership skills
    • Ethical awareness and responsibility
    • Curiosity about the world of economics and business administration

    Equally, these aspects are developed and enhanced during the degree study program through the teaching of the specific contents of the subjects and skills.

    Application for a place in the degree

  • Graduate profile

    Graduate profile

    Graduates in Statistics and Business will receive broad training which covers areas related to both the knowledge and application of the theory of statistics and business management at a basic level. They will also have a solid base in mathematics and computing which will give them thorough training in subjects related to Statistics and specialized training in its application to the area of business.
    With this profile, they will be equipped to successfully engage in professional activity in various fields especially in business management or the financial management of businesses and organisations, actuarial science, insurance, banking, risk assessment, stock market analysis, investment portfolio management, operations management, financial analysis, market research, optimal pricing policies, etc.
    In addition, their training will also well prepare them to carry out all kinds of activities in the areas of consulting, which is where many of our students have had considerable professional success, despite not having had the broad training that this new degree provides. The combination of business and technical training also prepares graduates for project management in the areas mentioned above.
    The emphasis on technical training in Statistics, which has been a tradition in the Universidad Carlos III de Madrid from the start, and the quality of the instruction provided by the University in areas such as Business Administration, means that graduates have all the skills necessary for continuing their training through professional qualification in fields with a strong quantitative element, such as Financial and Actuarial Sciences or undertaking research or teaching in Statistics or common areas of Statistics and Business Administration.
    Finally, it is important to note that graduates receive training in communication skills, languages and humanities, which helps to improve their personal communication skills, knowledge transfer and national and international team working skills, hence increasing their value and contribution within their professional career.

    General skills in the Bachelor Degree of Statistics and Business

    Basic Skills 

    CB1, Students have demonstrated possession and understanding of knowledge in an area of study that builds on the foundation of general secondary education, and is usually at a level that, while relying on advanced textbooks, also includes some aspects that involve knowledge from the cutting edge of their field of study

    CB2, Students are able to apply their knowledge to their work or vocation in a professional manner and possess the competences usually demonstrated through the development and defence of arguments and problem solving within their field of study.

    CB3, Students have the ability to gather and interpret relevant data (usually within their field of study) in order to make judgements which include reflection on relevant social, scientific or ethical issues.

    CB4, Students should be able to communicate information, ideas, problems and solutions to both specialist and non-specialist audiences.

    CB5, Students will have developed the learning skills necessary to undertake further study with a high degree of autonomy.

    General Skills 

    CG1, Demonstrate an understanding of the functioning of the company's activity, and know how to identify areas for improvement through the use of Statistics and Operational Research.

    CG2, Efficiently manage a company's databases for statistical use. Adequately design the data acquisition process and its subsequent processing.

    CG3, Describe a set of data from numerical measures and graphs, both at univariate and multivariate level, highlighting the possible relationships between the variables of interest.

    CG4, Identify or create the appropriate model for the specific problem that arises in each business activity (finance, marketing, production planning and control, etc.). Computationally and analytically manipulate the models established, taking advantage of the power of statistical and optimisation methods, etc., and analyse the results obtained.

    CG5, Communicate the results, the conclusions of the models and the proposed solutions in a way that is intelligible to the rest of the company, so that they are accepted and implemented by decision-makers.

     

    Transversal Skills 

    CT1, Knowing and being able to handle interpersonal skills on initiative and responsibility, negotiation, emotional intelligence, etc. as well as calculation tools that allow the consolidation of the basic technical skills required in any professional field.

    CT2, Being able to establish good interpersonal communication and to work in multidisciplinary and international teams.

    CT3, Being able to organise and plan their work, making the right decisions based on the information available, gathering and interpreting relevant data to make judgements and critical thinking within their area of study. 

    CT4, Be able to engage in lifelong autonomous learning, enabling them to adapt to new situations.

     

    Specific Skills     
     

    CE01, Describe, synthesise and graphically represent a set of data. 

    CE02, Modelling and analysing both static and dynamic data using statistical techniques.

    CE03, Mathematically model and solve problems using stochastic models and Operations Research techniques.

    CE04, Demonstrate basic knowledge of programming. Be able to use and develop statistical packages.

    CE05, Design and manage relational and non-relational databases.

    CE06, Knowing the basic structure, characteristics and functions of a financial system and understanding the role of the main financial intermediaries and existing markets as well as the functioning of international financial capital markets.

    CE07, To learn the existing models in cost management and to apply them to any productive process and the main instruments of accounting management for decision making, obtaining an integrated vision of the operational, organisational and behavioural contexts in which the accounting information systems for senior management operate.

    CE08, Understand the concepts necessary for the development of market research and learn the main instruments to analyse the results of market research. Synthesise the objectives of the marketing function and its different measures as well as evaluate the fulfilment of the main objectives of the marketing function.

    CE09, Developing, constructing and validating statistical models that reproduce the fundamental characteristics of the problems under analysis.

    CE10, Interpret the results of a quantitative analysis and draw practical conclusions on the real problem for which the statistical models have been built. Write reports and communicate conclusions with the help of advanced graphical representation techniques.

    CE11, Knowing the fundamental elements of the organisational structure and the factors that influence the design of organisations, understanding and analysing how the objectives of the organisation affect the results, and the definition and planning of the strategies that have to guarantee the achievement of these objectives.

    CE12, Knowing graph models and knowing how to calculate their most important characteristic measures. Knowing how to apply these models to social network contexts to detect, simulate and predict social mechanisms.

    CE13, Knowing how to access, analyse and classify high-volume data of a highly heterogeneous nature (Big Data). Use analysis tools for big data in typical scenarios in finance, marketing and business management applications.

    CE14, Identify and use finance tools to solve problems such as risk estimation, calculation of the cost of capital, valuation of assets and/or derivatives or estimation of the movement of interest rates and/or exchange rates.

    CE15, Synthesise and understand the legal functioning of the financial market as a whole. Know, from a legal perspective, the different types of financial markets. Understanding the legal regime of the company, the individual entrepreneur, commercial companies, securities, commercial contracts and insolvency law.

    CE16, Plan integrated offline and online strategies, through the use of communication in social networks, display advertising, affiliation marketing, email, remarketing, gamification, big data.

    CE17, Knowing how to analyse and solve a problem in the disciplinary field of the degree by applying the knowledge, skills, tools and strategies acquired or developed in it.

    CE18, Knowing the sources of market research, and knowing how to design a qualitative and quantitative analysis that responds to the requirements of the company. Knowing how to design and analyse a survey, as well as how to prepare the technical sheet and present the results.

    Learning outcomes of the Bachelor's degree in Statistics and Business

    RA1, To have acquired advanced knowledge and demonstrated an understanding of the theoretical and practical aspects and methodology of work in their field of study to a depth that reaches the cutting edge of knowledge.

    RA2, To be able, by means of arguments or procedures developed and supported by themselves, to apply their knowledge, understanding and problem-solving skills in complex or professional and specialised fields of work that require the use of creative and innovative ideas.

    RA3, Have the ability to collect and interpret data and information on which to base their conclusions, including, when necessary and relevant, reflection on social, scientific or ethical issues in their field of study.

    RA4, To be able to cope with complex situations or those requiring the development of new solutions in the academic, work or professional sphere within their field of study.

    RA5, Know how to communicate knowledge, methodologies, ideas, problems and solutions in their field of study to all types of audiences (specialised or not) in a clear and precise manner.

    RA6, To be able to identify their own training needs in their field of study and work or professional environment and to organise their own learning with a high degree of autonomy in all types of contexts (structured or not).

Study in english

Studies with some courses in English

This bachelor's degree is offered in spanish, but you can study some courses in english if you want.

You can check the courses offered in english in the study program.

You don't need a previous level test. If you want to study a course in english, you have to select the english group in the enrollment.

More information about Languages in Degrees