{"id":39182,"date":"2025-04-23T12:00:00","date_gmt":"2025-04-23T10:00:00","guid":{"rendered":"https:\/\/www.ie.edu\/uncover-ie\/?p=39182"},"modified":"2026-04-20T00:19:22","modified_gmt":"2026-04-19T22:19:22","slug":"dual-degree-master-in-finance-and-business-analytics-data-science-max-uebele","status":"publish","type":"post","link":"https:\/\/www.ie.edu\/uncover-ie\/dual-degree-master-in-finance-and-business-analytics-data-science-max-uebele\/","title":{"rendered":"Finance and data analytics: Insights from Max Uebele"},"content":{"rendered":"<\/span> 5<\/span> min read<\/span><\/span>\n

Finance and data analytics. Two separate fields with serious firepower in modern business. But what if everything changed? <\/p>\n\n\n\n

Stay with us for insights and predictions from Max Uebele, a student of the Dual Degree Master in Finance + Master in Business Analytics & Data Science<\/a>. We’ll delve into course content, extracurricular activities, and why Max is preparing himself for a future where business professionals are true tech specialists. <\/p>\n\n\n\n

Why did Max choose to study in Spain? <\/h2>\n\n\n\n

Max\u2019s journey has taken him through various institutions, jobs and countries that have shaped his unique perspective on career possibilities. But it was Spain that really sparked his curiosity in nurturing a varied skill set<\/a>.<\/p>\n\n\n\n

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“When you go abroad for the first time, you see the opportunities available when you broaden your scope.”<\/h3>\n<\/div>\n\n\n\n
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“I really appreciate the culture of teaching in Spain,\u201d says Max. \u201cIt\u2019s based on group work, small classes and a very interactive relationship with professors. You benefit from being communicative rather than just studying alone. That’s why IE Business School was the perfect place for me. I could realize those goals and also engage in a lot of club work without hurting my academic performance.” <\/p>\n\n\n\n

Why study finance and data analytics? <\/h2>\n\n\n\n

Max started as solely a Master in Finance<\/a> student, working to expand his existing knowledge as a CFA Level 1 absolvent. However, his “eureka” moment towards a dual degree<\/a> arrived in an unlikely place\u2014an accounting class. “I found that I could use VBA code to scale the inventory table and automate it for my exam,” says Max.<\/p>\n\n\n\n

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“That was the tipping point. I realized that if I wanted to do this right, I needed digital skills, coding skills and an understanding of how AI will impact the finance sector.”<\/h3>\n<\/div>\n\n\n\n
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Max took the decision to level-up his program to the Dual Degree Master in Finance + Master in Business Analytics & Data Science<\/a>. “It’s an insurance against being jobless in five to ten years,” says Max. “Handling advanced analytics will be key in the near future. Using AI effectively\u2014that’s how you’ll be measured by your superiors.”\u00a0<\/p>\n\n\n\n

How are finance and data analytics taught at IE University? <\/h2>\n\n\n\n

With only a few month of study left before graduation, Max reflects on the unique teaching methods at IE Business School<\/a> and IE School of Science & Technology<\/a>: “We had very practical machine learning modules,” he explains. “We started with a bit of theory, but then we got into coding, and a current machine learning professional taught us how to use those tools. This is great because you learn what\u2019s relevant for practitioners today.” <\/p>\n\n\n\n

“You learn how to use these tools, but to truly interpret your results, you need a fundamental theoretical basis,” Max continues. “For example, you might encounter overfitting because you scaled your features incorrectly. Small things can impact your results significantly. This is when you realize you need to understand the math behind it all. Still, I think it makes sense to have the detailed theory follow the initial practical insights we received during the program.” <\/p>\n\n\n\n

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This may sound complicated to someone without a tech background. Which is exciting\u2014because that’s exactly how Max started out.<\/h3>\n<\/div>\n\n\n\n
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“I had no experience in coding before,” says Max. “During the Master in Finance<\/a>, we had a few introductory sessions in MATLAB and Python. By the start of the Master in Business Analytics & Data Science<\/a>, I’d already grasped the logic behind basic coding concepts, like loops. We had introductory modules and Data Camp, which made it easier to have gamified solutions at home to practice. Fom that point on, IE demands a lot. You get numerous assignments requiring code-writing that needs assessing by professors. By going back and forth repeatedly, you eventually really understand what you’re doing.” <\/p>\n\n\n\n

How can you work in finance and data analytics? <\/h2>\n\n\n\n

“I’ve connected two worlds that haven’t been combined before,” Max says. “Historically, people have tended to focus more on investment banking or directly going into technology. But now that AI makes coding a lot easier, the technological work can be done simultaneously while setting the core focus on the business judgment<\/a> underlying the valuation methods. This combination hasn’t existed on a large scale until now.” <\/p>\n\n\n\n

In terms of professional roles that combine finance and data analytics<\/a>, Max feels he’s still ahead of the curve. “It’s not in demand yet. Nowadays, investment banks\u2014I\u2019ve spoken with people from various places, including major boutiques in London\u2014still heavily rely on Excel and barely use coding at all. So, I’m betting on the future.”\u00a0<\/p>\n\n\n\n

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