Masters in Business Analytics in Canada: Top Universities, Eligibility, Jobs

Masters in Business Analytics in Canada: After MBA, MS in Business Analytics (MBAN) is one of the most sought-after postgraduate courses today. In this article, we will inform you everything about studying Masters in Business Analytics in Canada such as its eligibility requirements, top universities, cost of studying, etc.

In Canadian Universities, MS in Business Analytics in Canada is of one or two years. With the increasing importance of handling big data, Business Analytics courses in Canada have gained relevance. In this program, students are taught to handle problem-driven analytics and give applicable business solutions. Apart from organizational skills, students are also taught technical skills. These skills will enable you to work in developing strategy or work in marketing, sales, supply chain, HR, operations, and other departments.

Canada is a multicultural country and people from different cultures live together here. While studying in Canada, students gain international exposure. When it comes to pursuing Masters in Business Analytics Canada, then Business Analytics as a course is a combination of business expertise, data analytics, data management, and data visualization. The demand for Business Analysts is currently soaring because they help in making the right decision by providing solutions to the bigger problems in the businesses, in this case, it is data overload. This course basically focuses on intersecting technology and business and provides analytical insights which help in achieving business goals.

Reasons to Study in Canada

Here are the top reasons to study in Canada and pursue Masters in Business Analytics:

• Quality Education: Canada has world-class institutions and colleges that provide excellent education. Many Canadian universities are internationally renowned for their academic quality and research accomplishments. Studying in Canada can offer you a solid educational foundation while also improving your job chances.
• Diverse Courses: Canada provides a diverse choice of study programmes and disciplines. You can pick a programme that meets your interests and aspirations whether you are interested in the arts, sciences, engineering, business, or any other field. Canadian educational institutions provide students with a diverse and thorough education that qualifies them for the global labour market.
• Affordability: When compared to other popular study destinations, studying in Canada might be more economical. Tuition and living costs are generally lower in Canada than in the United States, the United Kingdom, or Australia. International students can also apply for scholarships, fellowships, and employment opportunities to assist defray fees.
• Post-Study Work Permit: International students can find good post-graduate employment prospects in Canada. Graduates may be eligible for a post-graduation work permit (PGWP) that allows them to work in Canada for up to three years after completing their education. This provides significant job experience as well as the opportunity to investigate career opportunities in Canada.

Benefits of Studying MS in Business Analytics in Canada

Given below are some of the reasons to pursue an MS in Business Analytics in Canada.

• High demand for graduates: Right now, the current business scenario is dependent on the data generated daily which then requires to be properly collected, analyzed, and concluded by professionals. Students opting for a Masters in Business Analytics in Canada will become assets to the job market later.
• Employment opportunities: Canada offers great employment opportunities to international students after they complete business analytics in Canada. The business analytics courses in Canada are helping graduates to thrive in the most demanding fields currently i.e. Business Analytics, Data Mining, Big Data Analytics, etc.

Some other advantages to study MS in Business Analytics in Canada are:

• There are plenty of job opportunities after completing MBA in Canada.
• There are numerous top universities listed by QS and Times Higher Education that offer Masters in Business Analytics.
• Canada is an immigrant-friendly nation and Indian students form a major chunk of the international student population.

Top Universities for Masters in Business Analytics Canada

Check out the list of top universities in Canada offering business analyst course in Canada for international students: 

• Toronto Rotman School of Management
• HEC Montreal
• McGill Desautels Faculty of Management
• UBC Sauder School of Business
• Western Ivey Business School
• Queen’s Smith School of Business
• York Schulich School of Business
• University of Alberta
• Carleton University
• McMaster DeGroote School of Business

Students must refer to the table given below as well:

Besides a master’s degree in Business Analytics, students can also pursue a PG diploma in business analytics in Canada. For instance, the University of Manitoba Graduate Certificate in Applied Business Analytics/Analysis is a 12-month full-time programme that provides you with theoretical and practical knowledge that will help you excel in your professional endeavours. It is advised that students research the course details and career outcomes thoroughly before making a decision.

Masters in Business Analytics Canada Requirements

Students who want to pursue MS in Business Analytics in Canada must know the eligibility conditions in order to apply for it. Check the details given below:

• A bachelor’s degree, preferably a 4-year undergraduate degree in one of the subjects like Mathematics, Business, Economics, Computer Science, Engineering or Science, Statistics, Algebra, and Calculus
• GPA of 3 or more on a scale of 4.0 or more than a B or B grade
• GRE/GMAT scores
• English language proficiency tests like IELTS, TOEFL, or PTE scores

Apart from the above, candidates also require the following set of documents at the time of the application process for Business Analytics courses in Canada

• Resume
• Statement of purpose
• 2 letters of recommendation
• GMAT / GRE scores
• Academic transcripts

Note: Admission requirements may vary from university to university.

MS in Business Analytics in Canada Fees

The total 1st-year fee cost for studying MS in Business Analytics in Canada will be around Rs 16.75 lakhs. This includes the average tuition fee of Rs 10.94 lakhs and average living expenses of Rs 5.81 lakhs.

Note: The average 1st-year tuition fee is based on 588 MS courses in Canada and the average living expense is based on 139 colleges in Canada.

(Source: studyabroad.shiksha.com)

Masters in Business Analytics in Canada Jobs

As per ca.indeed.com, the average salary of a Business Analyst in Canada is $73,588 per year. The highest-paying cities for Business Analysts in Canada are Ottawa, Montreal, Toronto, Calgary, and Vancouver. Handling big amounts of data and information is the primary job of Analysts. Analyzing them and making it useful for organizations is the role of a business analyst. They are responsible to find new avenues and growth for the businesses and also handle shifts in market dynamics. Business Analytics graduates can go for the job roles given below:

• Data Scientist
• Data Analyst
• Business Analyst
• Market Research Analyst
• System Analyst
• Project Manager
• Financial Analyst
• Business Intelligence Manager

Now that students are aware of various aspects of a Master's degree in Business Analytics, it is advised that they research the universities, colleges, course structure, career outcomes, etc. before making a final decision. Candidates looking to study abroad can get in touch with our Shiksha Study Abroad Counsellors for assistance with university applications. Candidates can also write to us in the comments section below.

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