MS in Business Analytics in USA

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10 March 2023

9 mins

Introduction

According to the BLS (U.S. Bureau of Labour Statistics), the employment of business analysts in the US is expected to increase by 14% between the years 2020 and 2030, which is a significant rise when compared to other occupations. This is a crucial factor in why many international students choose studying ms in business analytics in USA. Students will gain extensive knowledge about how data drives decisions, have the opportunity to work or intern with leading businesses in the business analytics industry, and, most importantly, the learning environment at these top universities will prepare students to meet the demands of the MSBA market in the USA. This blog provides you with all the information you need to get started on the MS in Business Analytics in the USA. Due to its emphasis on the study of the current hot issue, "The Big Data," the Masters in Business Analytics is the most popular course right now. The enormous volume of data produced by human technology usage is known as big data. When properly evaluated, this enormous volume of data, which is frequently in the terabyte and petabyte level, can assist identify patterns and trends that would otherwise go missed. There are three delivery options for the Masters in Business Analytics programme: online, on-campus, and mixed. 

The United States is one of the most well-liked countries for students to pursue a postgraduate degree. One of the top STEM (science, technology, engineering, and mathematics) degrees in ms in business analytics in USA, which comes with advantages including a longer post-study work visa, fantastic research possibilities, and rich employment chances. The US is one of the top studies abroad locations for a master's in business analytics, with more than 210 prominent universities offering degrees in the field. Business analytics is the process through which organisations analyze historical data using statistical techniques and technology. You can find the American universities on this list that offer the ms in business analytics in USA.

Why pursue a MSBA in USA?

Numerous foreign students go here to enroll in prestigious MSBA in USA for a reason. Here are the most well-known:

• These students are well-prepared to handle the real-world issues in this profession thanks to the ms in business analytics in USA implement. The best examples are workshops, interactions with business leaders, learning from instructors who have worked in a variety of industry sectors, etc.
• The USA has long been a top destination for education since a large portion of their economy is powered by talented individuals. So you may proceed with confidence when it comes to paying for ms in business analytics in USA. You can find a better study environment and more job opportunities in the nation.
• According to the BLS, there are over 99,400 openings for management analyst jobs per year. Since the majority of companies, like Amazon, Apple, and others, have headquarters in the USA and are searching for MSBA graduates, it is great for students to consider employment here. The USA is the center for technology-driven solutions.
• There are more than 15 colleges where students may enroll in business analytics courses in the USA. For instance, when looking at universities and specific fields, MIT is ranked first on the QS-Ranking list.
• Business analytics positions are expected to expand by 16% by 2024, according to the US Bureau of Labour Statistics (BLS).
• In the USA, there are more than 210 prestigious colleges that offer business analytics courses.
• Analytics in business is a STEM subject.
• Students who study in the US have worldwide experience since they work with multinational corporations.
  Graduates in business analytics may expect to earn between 40 lakh and 67 lakh in the US. A US master's degree in business analytics provides quite lucrative professional options.

Top Business Analytics MS Universities in the USA

To get the most out of your business analytics programme, take into account the institution rankings, the cost of tuition, and the advantages the degree programme offers. The top US colleges and universities that grant ms in business analytics in USA are listed below.

1. Miami University

Ohio's Miami University, which is ranked 105th among the greatest national institutions, is located there. The university offers a 9-month Master of Science in Business Analytics program that equips graduates with the knowledge and abilities needed to be successful in a variety of industries, including science, artificial intelligence, information technology, supply chain management, politics, and sports. The course qualifies as a STEM OPT (STEM Optional Practical Training Extension) recognised course. This course also has the advantage of allowing students to double major in data analytics and information systems. This enables overseas students to extend their visa authorization to remain in the country for an additional 24 months after they complete their studies. The total cost of the program is USD 29,850, or USD 995 for each semester credit hour. The academic year's application period opens in January, and admission typically occurs in the autumn.

2. Massachusetts Institute of Technology

The Massachusetts Institute of Technology, which is based in Cambridge, is named No. 1 in 2022's Best Colleges in America and No. 5 overall in the 2021 World University Rankings. Magid Abraham, the co-founder of ComScore, Carly Fiorina, the former CEO of HP, and Robert Kennedy are just a few of the noteworthy alumni of the MIT Sloan School of Management (dean of Ivey business school). This university provides a 12-month Master of Business Analytics program that focuses on using machine learning, optimization, and data science to address actual business issues. The annual tuition is 82,000 USD. Recent master's degree recipients include those working for companies like Apple, Facebook, Boston Consulting Group, Google, IBM, Uber, the United States Air Force, and others.

3. UCLA Anderson School Of Management

According to the QS Global MBA Rankings: US 2021, UCLA Anderson School of Management is ranked No. 9. The university's MSBA program is ranked No. 2 globally. To specialize in data mining, the institution offers a 15-month Master of Science in Business Analytics program for a total tuition cost of USD 68,710. The UCLA MSBA develops students' skill sets through internships, experience-based student projects, and industry-based electives. This prepares students for dealing with difficulties in the real world.

4. San Francisco State University

A STEM-designated Master of Business Analytics is also offered at the San Francisco State University's Lam College of Business. The curriculum places a strong emphasis on project management abilities and practical learning approaches by giving students assignments that are based on actual industry data. Students who complete the program will have acquired business savvy and data science abilities that will advance their careers. In three or four semesters, the coursework is finished. International students must pay USD 35,000 in tuition.

5. Carnegie Mellon University

According to the World University Rankings 2022, Carnegie Mellon University is ranked No. 28 internationally and No. 18 in the United States. For new graduates who want to hone their data analysis and business abilities, the institution offers a 9-month Master of Science in Business Analytics (MSBA) program. The cost of the part-time MSBA program is USD 66,820 in tuition.

Documents Required for MS in Business Analytics in USA

For admission, students pursuing business analytics must submit the necessary paperwork. The list of papers needed to apply for admission to the US is below:

• Transcripts from school are significant. It must have high school graduation, postgraduate, and graduation diplomas and transcripts.
• Scores from tests used for admission, including the GRE, GMAT, SAT, and ACT.
• Students must submit their results from the English language proficiency test.
• A US university demands a minimum of two letters of recommendation. It ought to come from former employers or professors.
• An excellent SOP.
• A current passport and other forms of government-issued identity
• Students are required to present proof of their available financial sources.
• A current résumé is necessary. The need for GRE results may be waived if you have prior job experience.
• Many US institutions demand that applicants have some prior experience.
• Two photos in passport size
• Each university will charge an application fee. An essential record for verifying the application is the acceptance sheet for the fee payment.

Eligibility for MS in Business Analytics in USA

Universities in the US offer degrees in business analytics with a few pretty typical admission requirements. To satisfy the entrance requirements and be allowed to enroll in top-tier colleges, students must first achieve the fundamental eligibility standards. Below are the standard prerequisites:

• A crucial requirement for admission is a strong academic history. Students must maintain a strong GPA in both their undergraduate studies and high school. Every university will have a different set of GPA requirements. The minimum GPA needed for business analytics courses at US colleges is 3.0-4.0 on a 4.0 scale.
• The results of the English language proficiency test are crucial for admission. For non-native English speakers who want to attend college in an English-speaking nation, proof of language proficiency is necessary.
• Without gaps, a minimum of 12 years of schooling from an accredited board of study is required.
• It's crucial to have a current résumé with some past work experience. For applicants with prior US job experience, several colleges eliminate the GRE score requirement.
• The GRE and GMAT are two crucial requirements for admission to a ms in business analytics in USA. The minimum score needed is 650, while it could be higher for colleges with higher rankings. The minimum score criteria for each institution are listed on the university's website, which students must visit.
• You must have the required documentation to qualify. Academic transcripts and test results for the SAT, GMAT, GRE, ACT, TOEFL, and IELTS are other crucial records. It is crucial to have a passport, identity, and financial documentation. A statement of intent and at least two letters of recommendation are required by universities.

Career Opportunity in MS in Business Analytics in USA

The greatest country for recent grads is the USA. According to estimates, 75% of significant companies and businesses favor recruiting recent graduates in the Business Analytics discipline. Companies like BCG, McKinsey, IBM, and BMW seek out recent graduates with expertise in the area. The course prepares students for thriving careers in industries including market research, supply chain management, project management, and consulting. An analyst receives a mean salary of USD 94,390 annually, according to the Bureau of Labour Statistics. Compared to the others, it is seen to be the most profitable career option. A Business analytics graduate can apply for a variety of additional career titles and positions, including Business Intelligence Managers, Business Data Managers, Innovation Managers, Data Analysts, Data Scientists, etc. Since there is a large quantity of data flying around—approximately 44 zettabytes worth. It seems vital to get a ms in business analytics in USA as a professional degree. Students having a background in statistics, databases, business intelligence, data analysis, or machine learning can take the course at one of 45 universities in the USA. Employers frequently look for graduates from this program because they have the necessary technical and collaborative abilities. Consequently, earning a master's in business analytics can help you get employment with generous median pay. Here's an average paygrade of MSBA graduates in USA:

Conclusion

Thanks to the advancement of data science and data mining across all business processes, analytics are now a fundamental part of doing business and making important decisions. The finest country in the world to study business analytics is the USA, which is home to some of the best firms in the world. A student who pursues the ms in business analytics in USA curriculum will have the necessary information and abilities to succeed in the real world. The current industry leaders and top brand recruiters have been taken into consideration when developing business analyst programmes in the USA.