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Ms In Business Analytics In USA 2024: Top Colleges, Eligibility And Fees 

November 28, 2023
Ms In Business Analytics In Usa

The USA is one of those nations that provides the most outstanding education for international and national students. Pursuing graduation or master’s from the USA can be beneficial for students for a variety of reasons such as Academic excellence, exceptional faculty, diverse programs, practical learning, research opportunities, building strong connections, international networking, quality education, and many more. USA is the central hub for pursuing master’s in various fields such as business management, finance, computer science, marketing, business analytics, etc. Not only does it have a wide variety of courses, but post-graduation from the USA allows students to explore and build international relations.

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It is one of the top choices for students pursuing a master’s in business analytics. It has more than 210 esteemed universities offering various specializations in the business fields.

What Is Ms In Business Analytics?  

Master of Science in Business Analytics is a master’s course mainly preferred by technophiles or technology lovers. It helps to apply modern data science and machine learning capabilities at work to solve real-world business problems. It is a course for students who have recently graduated and have a strong desire to accelerate their career in the business analytics field. Masters of Business Analytics mainly revolves around big data, artificial intelligence, and data analytics.

Even though the term includes business in it, the course mostly revolves around data science and technology. Hence allows you to understand problem solving in the real world. Business analytics use data analysis tools and statistics to make more informed decisions in business. They keep track of the trends and growth patterns and build an effective strategy to grow the business. 

Ms In Business Analytics in USA – Stem Degree 

The USA education provides a master’s in business analytics and, a STEM degree which is a more specialized course that majorly focuses on science, technology, engineering, and mathematics. 

International students desiring to pursue STEM-designated master’s degrees can apply for a 24-month STEM extension to their 12-month Optional Practice Training (OPT) period, which lets them stay in the US on a student visa after graduating. That implies students working on STEM-designated masters are allowed to work in the US for up to three years after graduation, without a visa. 

With the growing era of AI where every job is becoming technological, having a STEM degree in business analytics allows you to have specialized knowledge and achieve one of the highest-paid jobs such as Data Scientist, Analytics Associate, Data Science Consultant, Operations Analyst, Product Analyst, Business Consultant, Quantitative Analyst, etc. in the top most companies such as Amazon, Apple, Facebook, Google, Walmart, etc. 

MS in business analytics is highly a skill-oriented course. Therefore, it has the highest chances of employment in the business world. USA institutions focus on specialization hence, the students have a high degree employment guarantee as well. 

Ms In Business Analytics In Usa Requirements: 

Students pursuing a master’s in business analytics from the USA usually require the following documentation: 

  • Educational records. [a properly maintained folder including all the necessary educational documents such as marksheets, certificates, achievements, graduation certificates, etc.]
  • Application form for the university. 
  • Passport-size photographs. 
  • A well-written statement of purpose {SOP} is a document containing the applicant’s academic and professional goals and the specific reason for pursuing the program. 
  • Required Scorecard of the entrance examinations such as GMAT, IELTS, GRE, SAT, etc. 
  • Identification proofs such as a passport or any other required by the university. 
  • Every university requires a specific amount of fee during the application itself. The fee slip or receipt from the payment has to be attached mandatorily. 
  • English proficiency test score. 
  • Letter of recommendation from past employers or graduation faculty. 
  • An updated CV or resume is extremely important. It should contain all the necessary information regarding past work experiences, achievements, skills, etc.  

Ms In Business Analytics From USA- Syllabus 

The business analytics syllabus is majorly targeted to transmit the basic and specialized knowledge about business analytics, business management, and critical thinking to make business decisions. Students are provided with business, economics, and data management knowledge through subjects like organizational behaviour, data management, data visualization, financial management, etc. Business Analytics by definition, is data analysis to find out patterns or insights of business. 

Students have the alternative of opting for a program with 33 units in just two or three semesters i.e.,10 or 16 months. A foundational business communication [FBC] course is advisable for those who are completing the degree in 16 months. A summer internship is also possible during the 16-month program. Business analytics does not only help the students to master their data analytic skills but also introduces them to the actual business world. It provides relevant data management skills that allow me to succeed in any role. 

Business analytics majorly focuses on 3 main areas: 

  1. Data management 
  2. Statistics
  3. Analytics 

These major skills are further used to apply in the business and accelerate their performances in various related sectors such as finance, marketing, information systems, electives in accounting, etc. 

foundational business analytics courses include the following subjects: 

  • Technical Foundations in Analytics 
  • Statistical Foundations of Analytics 
  • Econometrics 
  • Data Mining for Business Intelligence 
  • Business Consulting 
  • Analytics for Competitive Advantage
  • Financial Accounting
  • Introduction to Statistics for Data Scientists
  • Programming for Data Science
  • Marketing Management
  • Big Data Analytics
  • Building and Managing Teams
  • Data Management, Databases, and Data Warehousing
  • Exploratory Data Analytics and Visualization
  • Predictive Analytics
  • Data-Driven Experimentation and Measurement
  • Advanced Issues in Business Analytics
  • Modelling and Heuristics for Decision Making and Support
  • Experiential Learning
  • Project Management of Analytics Projects 

Ms In Business Analytics In USA Without Gre 

The graduate record examination or GRE is a systematized examination that is majorly required for admission in graduate or post-graduate universities around the world. 

To pursue an MS in business analytics from the USA, most of the universities require a decent GRE score although it is not common for every university. Various universities in the USA such as 

  1. Adelphi university
  2. Montclair state university 
  3. New York university 
  4. Indiana University Bloomington 
  5. Stevens institute of technology
  6. University of Chicago 

And many more do not require any GRE score. Although they do demand other necessities such as LOR, resume or academic scores, prior work experiences, and a high GPA to cover their GRE/GMAT score requirements.  

The required GRE score for different universities in the USA for MS in business analytics is as follows: 

  • MIT(Sloan):  GRE 320+ 
  • The University of Texas at Austin:  GRE 310+
  • Arizona State University:  GRE 310+
  • Michigan State University:  GRE: 280+
  • Stanford University:  GRE 310+
  • University of California:  GRE 310+ 

Top 10 Universities For Ms In Business Analytics From USA: (As Per Year 2024)

  1. UCLA- University of California, Los Angeles 
  2. MIT- Massachusetts institute of technology, Cambridge 
  3. Duke University, Durham 
  4. Texas [McCombs], Texas 
  5. USC Marshall school of business, California 
  6. University of Washington- Michael G. foster school of business, Seattle 
  7. Purdue university, west Lafayette [IN]
  8. University of Minnesota, Minneapolis [MN] 
  9. Boston University, Boston 
  10. Michigan State University, East Lansing 

Scope Of Ms In Business Analytics From USA

Pursuing an MS in business analysis from the USA is extremely beneficial and has a growing scope in the future. It is gaining a lot of popularity among postgraduate courses and is widely pursued as well. Business analytics usually has the following job profiles: 

  • Machine Learning Engineer
  • Data Scientist
  • Data Architect
  • Data Analyst
  • Chief Technology Officer 
  • Chief Data Officer
  • Application Architect
  • Project Manager
  • Market Research Analyst
  • Big Data Analyst Etc.

When it comes to the scope of pursuing an MS in business analytics, career opportunities, and jobs should never be questioned. A business analyst owns some of the highest-paid jobs in the world.

MS in business analytics in the USA salary on average is 75,000 USD which is quite high as compared to other programs in the USA. Successful employment prospects are available for course graduates in industries like market research, supply chain management, project management, and consulting

It provides jobs in some of the top-notch companies that are globally acknowledged such as Google, Facebook, Microsoft, Uber, etc. Therefore one should not doubt about making a career in the same field. 

FAQs

Can MS in business analytics be pursued without GRE? 

Yes, a few universities in the USA do not require any GRE score. But other requirements such as past job experiences and English proficiency test scores might be demanded. 

Why should one seek employment after completing an MS in business analytics? 

MS in business analytics allows some of the great posts with the highest salary packages. 

Is prior work experience required to do an MS in business analytics

Some universities require work experience in a similar field to pursue an MS in business analytics, but it is not demanded by all. 

Does the USA provide employment opportunities to international students pursuing an MS in business analytics? 

Yes, many USA-based companies employ international students. 

What is the average salary after doing an MS in business analytics? 

 The average salary lies between $70,000 to $120,000 per year. 

Does the USA provide scholarships for MS in business analytics?

Yes, many universities provide scholarships for international students which usually cover the tuition fee, living expenses and other expenses. A separate exam by each university is required to apply for scholarships.  

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Gaurav Kandari is a seasoned study abroad consultant with over 5 years of experience, specializing in guiding students to the UK, USA, Canada, and Australia. An avid traveler, he draws on his global adventures to enrich his consulting, providing invaluable insights to aspiring scholars.

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