Business Analytics is a field that leverages data analysis, statistical methods, and predictive modeling to help businesses make informed decisions. As businesses increasingly rely on big data and business intelligence to drive decisions, the demand for professionals skilled in Optimization, Programming, and Statistics is soaring. This comprehensive article delves into Business Analytics courses in the USA, exploring how these programs equip students to tackle real-world problems with precision.
Best Universities for Business Analytics in the USA
- PictureUniversity NameTop ElectivesUniversity Details
- MIT (Sloan)MBA (Master of Business Analytics)
Applied Business AnalyticsFull-time/Part-time
Online
Duration: 6 weeks- 1 year
Intakes: Sep
Tuition fees: US$ 2,950- US$ 91,250
Placement: 100%
Acceptance rate: 14%
QS Ranking: 1 - UCLA (Anderson)MSBA (Master of Business Analytics)Full- time
On Campus
Duration: 15 months
Intakes: Sep, Jan, May
Tuition fees: US$ 75,445
Placement: 85%
Acceptance rate: 40%
QS Ranking: 2 - Columbia Business SchoolMSBA) Master of Science in Business AnalyticsFull- time/On Campus
Duration: 1 year
Intakes: May
Tuition fees: US$ 2,642 per credit
Placement: 84%
Acceptance rate: 19%
QS Ranking: 6 - Duke University Fuqua School of BusinessMQM (Master of Quantitative Management: Business Analytics)
MSQM (Master of Science in Quantitative Management: Business Analytics)Full-time/Part-time
On Campus/ Off-campus
Duration: 10- 19 months
Intakes: Sep, Jan
Tuition fees: US$ 71,000- US$ 82,500 (full program)
Placement: 93%
Acceptance rate: 24%
QS Ranking: 7 - Carnegie Mellon UniversityMaster of Science in Business AnalyticsFull-time/Part-time
On-campus/ Off-campus
Duration: 9- 20 months
Intakes: Sep
Tuition fees: US$ 450- US$ 954 per unit
Placement: 70%
Acceptance rate: 11%
QS Ranking: 11 - The University of Texas at Austin(MSBA) Master of Science in Business Analytics
Master of Science in Business Analytics for Working ProfessionalsFull-time/Part-time
On-campus/ Off-campus
Duration: 10 months- 1 year
Intakes: May, Aug
Tuition fees: US$ 55,000- 130,000
Placement: 87%
Acceptance rate: 30%
QS Ranking: 12 - Marshall School of Business(MSBA) Master of Science in Business AnalyticsFull- time/On Campus
Duration: 16 months
Intakes: Sep, Jan
Tuition fees: US$ 34,952
Placement: 82%
Acceptance rate: 25%
QS Ranking: 14 - University of Washington Foster School of BusinessMaster of Science in Business AnalyticsFull-time/Part-time
On-Campus
Duration: 1 year
Intakes: June
Tuition fees: US$ 57,000
Placement: 94%
Acceptance rate: 42%
QS Ranking: 21 - Mitchell Daniels School of Business Purdue UniversityMS Business Analytics and Information ManagementFull- time/On Campus
Duration: 1 year
Intakes: Aug
Tuition fees: US$ 56,700
Placement: 80%
Acceptance rate: 19%
QS Ranking: 23 - Carlson School of Management(MSBA) Master of Science in Business Analytics)Full- time/On Campus
Duration: 1- 2 years
Intakes: Sep
Tuition fees: US$ 1,630 per credit
Placement: 95%
Acceptance rate: 40%
QS Ranking: 26
Why Study MS in Business Analytics in the USA?
- According to the U.S. Bureau of Labor Statistics, the employment of data analysts is projected to grow 25% from 2020 to 2030, much faster than the average for all occupations.
- The average annual salary for data analysts in the USA is approximately $82,000, with top earners making over $120,000. Specialized roles such as data scientists and analytics managers command even higher salaries.
- Many Business Analytics programs in the USA have a STEM (Science, Technology, Engineering, and Mathematics) designation. This allows international students to benefit from an extended Optional Practical Training (OPT) period of up to 36 months, enhancing their work experience in the U.S. job market.
Business Analytics Certificate Courses
- Business Analytics Certificate- MIT Sloan
- Online MS in Business Analytics- Mitchell Daniels School of Business Purdue University
- Business Analytics Certificate- Harvard University
- Certificate Program in Business Analytics- University of California Berkeley
- Professional Certificate in Data Science for Business- University of Chicago
Admission Requirements for Business Analytics Courses in the USA
- A Bachelor’s Degree or equivalent in a related field with a GPA- of 3.0 or above from an accredited institution or an international equivalent qualification is acceptable
Standardized Test Scores-
- GRE/ GMAT scores are highly acceptable for admissions to Business Analytics courses, however, they are not mandatory.
English Language Requirements-
International applicants, or those who earned their undergraduate degree in a nation where English is not the primary and widely spoken language, must include any of the following supplementary requirements with their admission application
- Official documentation from your undergraduate degree-granting institution verifying that all instruction is in English.
- TOEFL iBT- 100
- TOEFL PBT- 560
- IELTS- 6.0 or above
Documents Required
- Resume/ Work History
- Essay
- Letter of Recommendation
- Academic Transcripts
- Relevant Coursework & Professional Certification
- Test Scores
- Evidence of computer programming
- Application Fees
Application Process
- Finalize your course and university and match the eligibility requirements
- Take any test if required (proficiency test or other standardized tests)
- Complete the online application from the university’s website
- Upload all the documents and make the payment
- Some programs may ask you for a Video Assessment
- Carefully check your application and submit
- Monitor Your Application Status while also preparing for funds
- Once accepted you can move forward with your visa application
Scholarships to Study MS in Business Analytics in the USA
- Merit-Based Scholarships by the Duke University Fuqua School of Business- Every admitted applicant is considered for a merit scholarship based on a student’s overall profile. Scholarship information will be included in your electronic admission letter. There will be more information about your scholarship and its benefits in your admitted student portal.
- SMART Scholarship by Carnegie Mellon University- For students who are citizens of the USA, UK, Australia, Canada, or New Zealand enrolled for a degree in STEM discipline and have a cumulative GPA of 3.0 or above. Scholarship recipients receive full tuition to any U.S.-accredited college or university. Scholars gain invaluable experience during summer internships with Department of Defense leaders
- Marshall School of Business Scholarships for Business Analytics courses- Limited scholarship opportunities for US citizens as well as international students. The amount will be notified to students upon selection and no separate applications are required. You need to fill in the scholarship sections in the admission application form.
- Merit-Based Scholarship by Carlson School of ManagementUniversity of Minnesota—The Carlson School and the University of Minnesota award a limited number of academic merit-based scholarships to international students. Scholarship consideration is extremely competitive and based on the strength of all application pieces. The MS in Business Analytics admissions committee will automatically consider program applicants for merit scholarships; no special application is required. Scholarship awards are announced at the same time as final admissions decision letters are released.
Job Opportunities after Business Analytics in the USA
Business analytics graduates may work in a variety of industries, including with consulting agencies, technology companies, research firms, or in the public sector. Here are some of the top job roles offered in these sectors along with the average annual salaries offered:
Job Roles | Average Annual Salary |
---|---|
Data Analyst | US$ 44,000- US$ 170,000 |
Chief Data Officer | US$ 52,000- US$ 300,000 |
Statistician | US$ 50,000- US$ 110,000 |
Financial Analyst | US$ 64,000- US$ 115,000 |
Computer Systems Analyst | US$ 75,000- US$ 130,000 |
Conclusion
And that wraps up our deep dive into Business Analytics courses offered in the USA! The future is bright, and the possibilities are endless. So, put on your data detective hat, enroll in a Business Analytics course, and get ready to decode the secrets of success.
FAQs
Knowing Programming Languages will be an advantage for you as things would be familiar for you to understand, however, it is not a compulsion.
As an International student, you may work on-campus for up to 20 hours per week. Off-campus employment requires authorization from the ISS Office and many students do not qualify for authorization until they have completed three quarters of study in the MSBA program.
Students often learn to use tools like Python, R, SQL, Tableau, and Excel, as well as statistical software and data visualization platforms.