Advanced Data Analytics

Erasmus+ Blended Intensive Programme hosted by Varna University of Management, Bulgaria

Objectives of the Erasmus+ Blended Intensive Programme (BIP)

The BIP is hosted by Varna University of Management, Bulgaria and is targeted at university students at all levels of higher education in the field of Social Sciences or Computer Sciences who are who are keen and motivated to delve into the complexities of big data analytics, business intelligence/ data warehousing, encompassing areas such as data interpretation, statistical analysis, application of analytics and data science in business functions, human resource management, and the implications of data use in various contexts. This course targets individuals eager to develop their expertise in handling, analyzing, and applying data-driven strategies in diverse professional fields.

Learning outcomes of the BIP

Upon completion of the module students will be able to:

  • Display advanced understanding in leveraging diverse data sources and analytical techniques for informed decision-making across various sectors.
  • Demonstrate sound knowledge of big data life cycle, online transaction processing, online analytical processing, business intelligence/ data warehousing, data mining, application of data science in financial analysis and human resource management.
  • Demonstrate skill in data handling and statistical evaluations.
  • Analyse and discern the effectiveness and limitations of different data analytics methods.
  • Apply current data analytics research methods for examining issues in social, policy, scientific, finance, business, human resource management, and organisational contexts.
  • Integrate insights from multiple analyses to create data-driven solutions for intricate problems.
  • Communicate complex data-driven decisions and their implications effectively to a wide range of audiences.

 Indicative content

  • Business intelligence/ data warehousing
  • Data analytics: definition and significance
  • application of analytics in business functions
  • Big data analytics – overview
  • Data lake, data mart, data warehousing
  • Big data life cycle
  • Online transaction processing (OLTP)
  • Oracle and data warehousing
  • Main methodologies that incorporate the development of a data warehouse
  • Online Analytical Processing (OLAP)
  • Data mining –concept, features
  • Data visualization
  • Data science and the financial analysis
  • Data science and human resource management – data-driven human resource management
  • Marketing analytics and digital marketing.

Tentative timeframe

Physical component: 27 – 31 May 2024

Virtual component: 8 – 12 June 2024

 Assessment and completion

Successful completion of the BIP is a result of the following 3 assessment elements:

  • Test 1 (quiz questions)
  • Test 2 (quiz questions)
  • Project.

Number of ECTS: 3

Profile of BIP participants

  1. Students from EU Member States and third countries associated to the Programme who are full-time students in programmes in the field of Social Sciences, incl. Economics, Business Administration, Finance, Marketing, Human Resource Management, or Computer Sciences.
  2. Academic staff from EU Member States and third countries associated to the Programme who are involved directly in teaching related to advanced data analytics.

Eligibility of students

  • Be registered as students of any of VUM’s partner universities located in the EU, Norway, or Turkey
  • Have applied for and obtained approval for participation in Erasmus+ BIP mobility granted by the home institution
  • Have English language proficiency corresponding to at least level B1

Minimum BIP requirements

Number of student BIP participants: min.15 students from sending institutions.

Application process

  • Student BIP candidates must apply for the Erasmus+ KA131 BIP grant for short-term mobility at their home institution (please contact the International Relations Office of your University)
  • Regular staff candidates must apply for the Erasmus+ KA131 teaching grant at their home institution (please contact the International Relations Office of your University)
  • The home institution nominates its candidate(s) – home institutions are encouraged to have an internal call
  • The candidates can show interest in the BIP and are encouraged to establish contact with VUM Mobility Team (erasmus@vumk.eu) for any questions, support or invitation letters, needed for applying for the grant at the home institution
  • Deadline for nominations of a candidate by their home institution to VUM: 19th April 2024

Documents needed for candidate’s nomination to be emailed to mail to: erasmus@vumk.eu include:

  • Nomination/ Confirmation letter from sending institution as proof that applicant is registered full-term student
  • Application Form duly filled out by the student

Erasmus+ grant for BIP participants to VUM

Basic Subsistence costs: 70 EUR per day x 7 days (5 + 2 for travel) = 490 EUR

Possible top-ups: Green travel of 50 EUR and Inclusion of 100 EUR

Erasmus+ participants cover, from their own Erasmus+ grant, their travel, accommodation and other costs.