MS in Business Analytics in the USA- Courses, Universities, Fees & Scope
Why study Master’s degree in Business Analytics in the USA?
The United States is currently one of the most desirable places to study an MS in Business Analytics. Students who receive a Master of Business Analytics degree in the USA go on to earn high incomes at prestigious firms. Here is an overview of the business analytics market’s expected expansion in the USA.
What are the Courses in Business Analytics in the USA?
In the United States, there are several Business Analytics degrees available. Most master’s degrees last one to two years and have reasonable tuition rates. The United States offers scholarships, grants, and other financial aid to overseas students studying at international universities. According to QS, some of the best universities in the world are located in the USA.
A business analytics bachelor’s degree takes three to four years to complete. The well-structured courses have a tiered curriculum. Some of the master’s courses require more professional experience.
Some of the courses offered in Business Analytics and related fields are listed below –
B.Sc. in Business Analytics
BA (Hons) in Business
B.Sc. in Analytics
B.Sc. (Hons) in Finance, Operations Research, Management, and Statistics
Bachelor in Business Data Analytics
Bachelor of Business Administration (BBA)
B. Tech in Data Science
M.Sc. in Business Analytics
M. Tech in Data Science and Engineering
MS in Data Science
What are the Top Universities for Master’s in Business Analytics in the USA?
The USA is home to the top universities that offer master’s degrees in business analytics. Millions of aspirant students submit applications to these universities each year. The USA offers the world’s best teaching and learning facilities integrating classroom learning and practical exposure. After finishing their master’s studies, graduates typically find full-time employment within a few months.
The USA is in short supply of professionals in the field with a trillion data annually.
Some of the top universities in the USA offering master’s in business Analytics are –
Massachusetts Institute of Technology (MIT)
University of California, Los Angeles
Carnegie Mellon University
University of Pennsylvania
University of Texas
University of Chicago
Eligibility to study MS in Business Analytics in the USA
The eligibility criteria for Business Analytics vary for different schools. Master in Business Analytics is offered to people from non-technical backgrounds as well. So if you are someone who wishes to enter the technology field you can opt for this course. There are different types of analytics that you can specialize in: Business Analytics/Marketing Analytics/Finance Analytics or Supply Chain Analytics Top Universities may require students to demonstrate other academic achievements.
Master’s in Business Analytics in the USA has a very tight pool of applicants, and applying early ensures a better chance.
Documents and test scores required to use in the USA for a master’s in Business Analytics are –
English Proficiency Test Score (IELTS/TOEFL/PTE)
Statement of Purpose
Letter of recommendation
Work experience certificates (if required)
What are the Average Fees for the program?
The average fee for a master’s in Business Analytics in the USA is USD 20,000- USD 85,000. The cost is mainly determined by the institution’s ranking, demand, and, of course, the province. In comparison, top-ranked universities have a higher fee structure. Financial help is available at most colleges through grants or scholarships. Graduates can apply for various government scholarships as well. The initial pay for a master’s in Business Analytics in the USA is around USD 95,000 annually.
Jobs After MS in Business Analytics in the USA
The demand for professionals who are skilled in analytics is growing every day. Because of this, you can find some of the highest-paying professions in the USA once you’ve finished your degree.
Course graduates have excellent work opportunities in market research, supply chain management, project management, and consulting. The following list includes some of the business analytics positions available in the US along with the pay for each position:
Business Analyst- 101,911 USD
Financial Analyst- 86,902 USD
Data Scientist- 74,581 USD
Management Analyst- 77,470 USD
Business Data Analyst- 74,116 USD
Business Management Analyst- 80,183 USD
Operations Research Analyst- 81,390 USD
Quantitative Analyst- 86,235 USD
Mathematician- 71,569 USD
Statistician- 79,147 USD
Business Consultant- 77,433 USD
MS in Business Analytics in the USA salary is quite high as compared to other courses. A business analytics graduate can apply for a variety of other professional titles and positions, including Business Intelligence Managers, Business Data Managers, Innovation Managers, Data Analysts, and Data Scientists.
So that was all about jobs and the average salary for MS in business analytics in the USA. There are many employment options because business analytics graduates are appreciated in all emerging businesses worldwide. For any further queries, connect with Education Street and get the necessary guidance from our team of professionals!