Job prospects of MS in Business Analytics
Masters in Business Analytics is a very popular course, which is pursued by several international students around the globe. Post the completion, most of the students look for full-time employment. Hence, we have narrowed the job prospects of MS in Business Analytics, which will help you in making an informed decision regarding your employment.
Organizations today are reeling under large amounts of data and this has given rise to a spurt of jobs related to the handling of data. Be it the FMCG sector, travel industry, technology, retail or healthcare, data generated from market interaction is being used to determine and influence trends and gain a competitive edge over other players in the field. Hence, big businesses and organizations are looking for information experts who have the capacity to use this huge amount of available data to effectively influence decisions, reveal insights and make predictions. Master’s in Business Analytics is perhaps the biggest outcome of this trend and which has gained popularity over time and is here to stay.
What is Masters in Business Analytics?
Master’s in Business Analysis involves the study of business management principles along with computer science. It requires candidates to have data-driven decision quality, data quality sense and above all a good understanding of business. The main purpose of a candidate pursuing Business Analytics is aimed at using a statistical and quantitative approach to solving business problems. The course is designed to expand the candidates’ knowledge and skills in collecting, organizing, and interpreting data relevant to business operations. Developing and understanding the performance of a business and creating new insights based on statistical analysis and predictive modeling has always been the focus of this program.
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Eligibility and Entrance Exams required for Business Analytics?
Candidates looking to pursue Masters in Business Analytics are required to hold a four-year Bachelor's Degree for a start. Candidates with experience in computer programming, data analytics or mathematical modeling would have an added advantage during the selection procedure. Candidates would also have to appear for an English proficiency test such as TOEFL, IELTS or PTE and also appear for GRE and GMAT exams depending on the individual requirement of the university.
Which are the Popular Business Analytics Colleges Abroad?
For the benefit of our readers, we have listed popular Business Analytics colleges abroad. Students can check out the overview of the college, course details, eligibility criteria and fees along with other relevant details for every college. For a list of more colleges, kindly visit Business Analytics Colleges Abroad.
Popular Business Analytics Colleges Abroad
MIT Sloan School of Management
This Science, Technology, Engineering, and Math (STEM) program at MIT Sloan School of Management fulfills the industry’s demand for a skilled pool of graduates who can apply data science to solve business challenges. It is designed for current students or recent college graduates who plan to pursue a career in the data science industry. The program prepares students for careers that apply and manage modern data science to solve critical business challenges.
Master of Business Analytics– Course Details
Duration |
1st Year Tuition Fees |
Exams Accepted |
1 Years |
INR 60.3 Lakh |
GMAT & GRE: Accepted |
Imperial College Business School
MSc in Business Analytics from Imperial College Business School has been designed to equip graduates to drive business advantage using significant analytical methods and tools. Upon successful completion of the program, students may pursue a career as Account Executive, Consultant, Product Services Operations Manager, and Risk & Regulatory Analytics Analyst. Students will study subjects such as Analytics in Business, Data Structure, and Algorithms, Fundamentals of Database Technologies, Machine Learning, Network Analytics, etc.
MSc Business Analytics - Imperial College London– Course Details
Duration |
1st Year Tuition Fees |
Exams Accepted |
1 Years |
INR 24.4 Lakh |
IELTS: 7, PTE: 69 |
The University of Texas at Austin (UT Austin)
Master of Science in Business Analytics (MSBA) from the University of Texas at Austin is a STEM program which shows applicants how to harness vast amounts of data and use it to build a better business. It focuses on a variety of different disciplines including, Consumer Behavior, Applied Statistics; Risk Management, Applied Mathematics; Operations Research; Computer Science; Decision Theory and Optimization.
Master of Science in Business Analytics – Course Details
Duration |
1st Year Tuition Fees |
Exams Accepted |
10 Months |
INR 33 Lakh |
GMAT & GRE: Accepted |
ESSEC Business School - France
MSc in Data Sciences & Business Analytics program is proposed and coordinated by ESSEC Business School which is one of the best engineering schools in the world. Students will study courses such as big data analytics, Machine learning, Signal processing / sparse coding/ optimization and Strategic Business Analytics. In the second trimester, depending on the student's profile and career plans, they will be able to choose to then specialize in either business analytics or data sciences
MSc in Data Sciences & Business Analytics – Course Details
Duration |
1st Year Tuition Fees |
Exams Accepted |
1 Years |
INR 12.4 Lakh |
GMAT & GRE: Accepted |
The University of Minnesota, Twin Cities (UMN)
MS in Business Analytics from the University of Minnesota, Twin Cities is a rigorous, fast-paced graduate program for analytical thinkers with awareness in business. Students learn how to extract insights with creative data analysis, and then apply the results in real business settings. Students graduate with a unique combination of business acumen and data science skills to lead in an increasingly data-driven world. The MSBA curriculum includes technical capabilities, management fundamentals, and advanced data analysis techniques.
Master of Science in Business Analytics – Course Details
Duration |
1st Year Tuition Fees |
Exams Accepted |
1 Years |
INR 42.3 Lakh |
GMAT & GRE: Accepted |
Business Analytics: Top Companies
After successfully completing your MS in Business Analytics, the next thing that would cross your mind would be to land a perfect job to yield the best ROI. For the benefit of our readers, we have talked about top Business Analysist companies. These companies are out there to recruit top-notch talent who have pursued their MS in Business Analytics, these include, AbsolutData, Latent View, Mu Sigma Analytics, Manthan, Convergytics and Simplify360 to name a few.
What are the Job Prospects of MS in Business Analytics?
Given below are fields that Business Analysts choose from on successful completion of their course. The different job titles may sound familiar in the beginning, however, they include the interpretations of data in various distinctive ways. Career Opportunities for MS Business Analytics include:
- Data Scientist: Responsible for dealing with data mining and analyzing large chunks of extracted data, data scientists mainly focus on math, statistics, understanding the trends, solving the complicated data models, etc. Top Destinations: New York, NY, Chicago, IL, Washington, DC
- Data Analyst: Responsible for working on different tools and techniques to understand complex data models, Business Analyst or the Data analyst are required to build up visual representations of the data and provide appropriate information to the organization. Top Destinations: New York, NY, Chicago, IL, San Francisco, CA
- Pricing and Revenue Analyst: The main focus of a Pricing and Revenue Analyst is to analyze a company’s finances as they use their insights on financial data to help boost the revenue of the organization. Top Destinations: New York, NY, Chicago, IL, San Francisco, CA
- Operations Research Analyst: The operation research analyst is responsible for helping the organization in identifying and solving operational problems and making better decisions. Top Destinations: New York, NY, Washington, DC, Chicago, IL
- Business Intelligence Analyst: Business executives depend on the services of Business Intelligence Analysts or BI Analysts as they help make data-driven decisions for the company. Top Destinations: New York, NY, Washington, DC, Chicago, IL
Other professions include Market Research Analyst, Management Consulting Analyst and Big Data Analytics Specialist to name a few. A trend that is here to stay, MS in Business Analytics as a degree is here to stay and leaves promises of only growing bigger.
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What is the difference between MS Business Analytics and MBA?
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