MS in Business Analytics in USA
A Master's degree in Business Analytics in the USA holds tremendous value. With tuition fees ranging between USD 20,000 and USD 85,000, investing in this program offers a promising return on investment. Additionally, graduates can expect an average base salary of USD 83,907 per year. If you want to study in an exceptional environment that fosters growth and empowers students to gain a competitive edge, the USA is the place to be.
On this page, we are covering:
- Why Pursue MS in Business Analytics in USA?
- Universities offering MS in Business Analytics in USA
- MS in Business Analytics Curriculum in USA
- MS in Business Analytics Requirements & Eligibility Criteria in USA
- Scholarships for MS in Business Analytics in USA
- Internships for MS Students in USA
- Job Paths & Salary for MS in Business Analytics in USA
- Work Permit Post MS in Business Analytics in USA
- Return on Investment (ROI) after MS in Business Analytics in USA
- FAQ’s
Why Pursue MS in Business Analytics in USA?
STEM-Designated Programs
Top Business Analytics Companies
High Salary Package
Businesses across the globe want to hire people who know how to use data to make informed decisions. There are well-known universities in the USA that offer top-notch Master's programs in business analytics. These institutions have built a strong reputation for ensuring that their students receive a high-quality education and are industry-ready. Furthermore, studying in the USA provides the opportunity to immerse yourself in a multifarious milieu. These connections can help construct a robust professional network, thereby providing access to potential career growth.
Additionally, a trillion data points are generated every year, and the United States has a lack of skilled people who can successfully examine and draw conclusions from this huge amount of data. The high demand for professionals in this area is another compelling reason to get your Master's in business analytics in the USA.
Universities Offering MS in Business Analytics in USA
The table below displays universities that offer MS in Business Analytics in the USA and corresponding fees:
University Name |
Program Name |
Tuition Fee (in USD)/Year* |
---|---|---|
Massachusetts Institute of Technology |
Master of Business Analytics (MBAn) |
87,600 |
University of California, Los Angeles |
Master of Science in Business Analytics |
77,188 |
University of California, Davis |
Master of Science in Business Analytics |
60,104 |
University of California, San Diego |
Master of Science in Business Analytics |
~ 62,250 |
University of Rochester |
MS in Business Analytics |
73,000 |
University of Texas at Austin |
Master of Science in Business Analytics |
53,000 |
Michigan State University |
Master's In Business Data Science & Analytics |
39,000 |
Arizona State University |
Master of Science in Business Analytics |
78,610 |
University of Notre Dame |
Master of Science in Business Analytics |
60,734 |
Purdue University |
Master of Science in Business Analytics and Information Management |
56,700 |
University of Maryland |
MS in Business Analytics |
34,542 |
Cornell Johnson College of Business |
Master’s in Business Analytics |
82,476 |
Illinois Gies College of Business |
Master of Science in Business Analytics |
54,272 |
American University Kogod School of Business |
MS in Analytics |
63,426 |
The University of Illinois Chicago |
MS in Business Analytics |
35,420 |
University of Cincinnati |
Master of Science in Business Analytics |
31,392 |
University of Connecticut |
MS in Business Analytics and Project Management |
23,257 |
Drexel University |
MS in Business Analytics |
42,228 |
University of Minnesota |
Master of Science in Business Analytics |
65,250 |
Northeastern University |
MS in Business Analytics |
50,900 |
Duke University |
Master of Quantitative Management in Business Analytics |
79,500 |
Clark University |
Master’s in Business Analytics |
57,475 |
University of Arizona |
MS in Business Analytics |
69,901 |
*The figures mentioned above serve only as general indicators and can change.
MS in Business Analytics Curriculum in USA
STEM-based MS in Business Analytics curriculum in the USA is designed to equip students with the essential skills and knowledge in data analysis, statistical modeling, and business strategy. The courses offered by some esteemed universities in the US are listed below:
Massachusetts Institute of Technology's Master of Business Analytics (MBAn)
The MBAn program, in collaboration with MIT's Operations Research Center, is tailored to meet the demands of the modern data science industry. It teaches about optimization and machine learning tools to tackle the challenges of the real world. Courses offered include:
- Analytics
- Statistics and Machine Learning
- Operations Management
- Optimization
- Economics and Finance
- Transportation Systems
- Applied Operations Research
- Probabilistic Modeling
University of California, Los Angeles - Master of Science in Business Analytics
Ranked second worldwide for four consecutive years, the Master of Science in Business Analytics program at the University of California, Los Angeles (UCLA) is designed for individuals passionate about utilizing data modeling, mathematics, and coding skills to tackle significant business challenges. Courses offered include:
- Statistical Foundations for Analytics (R)
- Python Workshop
- Business Fundamentals for Analytics
- Data Management
- Operations Analytics
- SQL & Basic Data Management
- Machine Learning for Decision Making (Python)
University of Rochester’s MS in Business Analytics
With a robust curriculum encompassing statistics and analytics, the University of Rochester’s MS in Business Analytics is a STEM-designed degree meticulously crafted to offer a comprehensive understanding of essential business domains. Courses offered include:
- Advanced Predictive Analytics with Python
- Social Media & Text Analytics
- Data Management, Warehousing & Visualization
- Spreadsheet Modeling using Excel for MS
- Economics & Marketing Strategy for MS Students
- Core Statistics for MS Students Using R
- Analytics Design & Applications
- Predictive & Causal Analytics in R
MS in Business Analytics Requirements & Eligibility Criteria in USA
Below are the requirements for students who want to pursue MS in Business Analytics in the USA:
- Bachelor’s degree with a minimum GPA of 3.0 out of 4.0.
- Internship certificate/s or work experience, though not mandatory at some universities.
- A quant GRE average score of 167 or a GMAT average score between 640 and 750 is desirable, but not necessary.
- English language proficiency scores – IELTS or TOEFL.
- Detailed resume.
- Letters of Recommendation.
- Statement of Purpose and/or other admission essays.
Scholarships for MS in Business Analytics in USA
- Hani Zeini Scholarship: This scholarship offers a one-time payment of $1000 to the financial aid account of any student enrolled in an accredited college or university.
- QS Scholarship for Academic Excellence: The QS Scholarship is designed to promote innovation and new ideas in various fields of study by recognizing exceptional levels of academic excellence among applicants. The scholarship offers a maximum award of USD 10,000 per student and is aimed at supporting students who show a high level of potential for making innovative contributions in their respective fields.
- Paul Haarman Shift Scholarship: This scholarship is awarded to students who demonstrate a passion and enthusiasm for making a positive impact in the world. The scholarship offers a maximum award of USD 2,500 per student.
- Asian Pacific Alumni Association Scholarship: The Asian Pacific Alumni Association Scholarship is open to full-time students enrolled in a USC (University of Southern California) degree program.
- Chip Unsworth Grant: The Chip Unsworth Scholarship recognizes academic excellence, leadership qualities, and out-of-the-box thinking, and offers an award amount of $1,000. The scholarship essays are judged based on the quality of writing and originality.
- Bradley Beman Scholarship: The Bradley Beman Scholarship offers a maximum award of USD 1,000 per student and recognizes the most meritorious and high-performing students.
- Fulbright Foreign Scholarships: The prestigious scholarships are available for Master's or PhD degrees, as well as non-degree postgraduate studies, spanning one or more years at esteemed U.S. universities and institutions.
- Ross School of Business Scholarships: The Ross School of Business rewards exceptional academic and leadership prowess, coupled with financial need, through scholarships.
- Dean's Excellence Scholarship Program: The University of Edinburgh Business School's Dean's Excellence Scholarship program offers awards ranging from £5,000 to £10,000.
- Positive Action for LGBT+ MSc Scholarship: The University of Edinburgh Business School offers two £10,000 scholarships for entry into their taught Master’s degrees in 2023/24.
Internships for MS Students in USA
International students of MS in Business Analytics seeking paid internship in the USA can apply for Curricular Practical Training (CPT) after completing two semesters of full-time study. CPT allows students to pursue internships with off-campus employers as a necessary part of their degree program. Pursuing a computer science graduate degree in the USA provides students with an opportunity to connect with American tech employers, given that the US tech sector is the largest in the world.
Job Paths & Salary for MS in Business Analytics in USA
After completing a Master's degree in Business Analytics in the United States, graduates can expect a wide range of job opportunities. Here are some of the jobs you can get in the US with this qualification:
Job Paths |
Average Salary (in USD)/year* |
---|---|
Business Analyst |
65,917 |
Data Architect |
128,151 |
Data Analyst |
65,368 |
Chief Data Officer |
170,162 |
Market Research Analyst |
57,493 |
Data Scientist |
98,951 |
Information Security Analyst |
75,910 |
Statistician |
83,473 |
Business Intelligence Analyst |
72,801 |
Financial Analyst |
65,002 |
Programmer Analyst |
69,288 |
Computer System Analyst |
76,441 |
Statistician |
83,473 |
Quantitative Analyst |
88,778 |
*The figures mentioned above serve only as general indicators and can change.
Work Permit Post MS in Business Analytics in USA
The Optional Practical Training (OPT) program allows international students to work in the US for up to 12 months after completing their studies. Students who have completed a degree in a Science, Technology, Engineering, or Math (STEM) field may be eligible for an additional 24 months of OPT, for a total of 36 months. In addition to the OPT program, you may also be eligible for an H-1B visa. The H-1B visa is a work visa for highly skilled workers in specialty occupations, including many jobs in the computer science field. However, the H-1B visa has a limited number of slots available each year, and the application process can be highly competitive.
Return on Investment (ROI) after MS in Business Analytics in USA
Completing an MS in Business Analytics in the USA offers a significant Return on Investment (ROI) for graduates. As reported by GMAC, the starting salaries for individuals with this degree are on average 44% higher than those with just a bachelor's degree. This indicates the high value placed on the specialized skills and knowledge gained through the program. Furthermore, businessbecause.com reports that MS-BSAN graduates can expect to earn an average of $80,000. Therefore, investing in a Master's in Business Analytics in the USA can lead to a rewarding career, financial stability, and a bright future in the field of analytics.
FAQ’s
Yes, a Master's in Business Analytics is a highly regarded program that provides individuals with specialized skills and knowledge in data analysis, data-driven decision-making, and business strategy.
When writing an SOP (Statement of Purpose) for MS in Business Analytics, it's essential to highlight your passion for analytics, your relevant educational background, any related work experience, and your future goals in the field. Additionally, you should emphasize your ability to work with data and desire to make a meaningful impact through data-driven insights.
Many universities in the USA recognize their MS in Business Analytics programs as STEM-based. The program incorporates elements of statistics, mathematics, computer science, and data analysis, which align with the STEM field's core principles.
Pursuing an MS in Business Analytics after completing an engineering degree is a common path for many students. Engineering provides a strong foundation in analytical thinking and problem-solving, which can be complemented by the advanced analytical skills gained through a business analytics degree.
Work experience requirements for MS in Business Analytics programs can vary among universities. Some programs accept students with little to no work experience, while others prefer candidates with relevant professional experience. It's important to check the specific requirements of the programs you are interested in to determine if work experience is necessary.
Proficiency in coding, particularly in languages such as Python or R, is often beneficial for MS in Business Analytics programs. While some programs may not have strict coding prerequisites, having a basic understanding of programming concepts and the ability to write code can greatly enhance your analytical capabilities and make you more competitive in the field.
An MS in Business Analytics from the US provides you with specialized knowledge and skills. However, the worth of the degree depends on various factors such as your career goals, the reputation of the university, and the overall job market conditions.
MS in Business Analytics graduates can work in a wide range of industries, such as consulting firms, financial services, technology companies, healthcare organizations, retail and e-commerce, manufacturing, sports companies, and more.