Businesses are drowning in data, but someone's got to know how to swim! If you're thinking about pursuing an MS in Business Analytics in the USA, you've come to the right place.
Businesses are generating and collecting more data than ever before, from customer transactions to website clicks to social media mentions. This data deluge presents a significant opportunity for individuals who can effectively manage it and derive valuable insights from it.
The U.S. Bureau of Labor Statistics (BLS) revealed that between the years 2020 and 2030, the employment of business analysts in the US is expected to grow by 14%, which is rapid compared to other occupations. This significant growth is a compelling reason why multiple international students prefer to study MSBA in the USA.
U.S. universities rank in the top 10 for business analytics in the world and are renowned for their quality education. Enrolling in these programs provides opportunities to work with industry-leading brands, gain extensive knowledge of data-driven decision-making, and prepare students to meet current MSBA market demands in the USA.
The demand for business analysts is skyrocketing at 14%! But crushing the competition and landing that acceptance letter to your dream program can feel like swimming through a sea of applications. You're juggling confusing requirements, crafting essays that fall flat, and stressing about your chances.
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This blog covers all essential details related to MS in Business Analytics in the USA to help you get started.
Why Study MS in Business Analytics In the USA?
There is a reason why multiple international students fly here to pursue top MSBA programs in the USA. Here are the popular four ones:
- QS-Ranked Universities - Students can choose from 15+ universities where business analytics courses in the USA are offered. For instance, MIT ranks number 1 on the list of QS-Ranking from a university and subject point of view.
- Higher Job Vacancy - BLS revealed that nearly 99,400 management analyst job vacancies are available annually. USA is the hub for technology-driven solutions, making it ideal for students to consider working here since most brands, such as Amazon, Apple, etc., have headquarters here and are looking for MSBA graduates.
- Preferred Choice - USA has always been in the limelight for educational purposes, as most of their economy is driven by bright talents. So when it comes to investing in MS in business analytics in USA fees, you can be confident to go forward. The country can offer you a better learning environment and an even bigger career opportunity.
- Enhanced Learning - The MS in business analytics in USA ranking universities enforces these students well to tackle the real-world challenges in this industry. Workshops, industry leader discussions, learning from tutors who have experience in multiple sectors of the industry, etc, are all prime examples.
Suggested: View more reasons why you should pursue Masters in USA
Best Universities for Master's in Business Analytics In the USA
A business analytics course should have multiple factors. There should be theory learning and an internship opportunity for its course structure. For the course curriculum, topics such as data analytics, business analysis, etc. should be covered. The great thing about pursuing an MSBA in the USA is that the course is designed to cover all aspects of the subjects.
Thus, to help you study the best, here are five of the best universities for business analytics in the USA to consider:
- Massachusetts Institute of Technology (MIT)
- University of California, Los Angeles (UCLA)
- Purdue University
- University of South California (USC)
- Texas A & M University
1. Massachusetts Institute of Technology (MIT)
Massachusetts Institute of Technology offers an MSBA in the USA in its Sloan school. The university is known to have a 100% rate of graduates who already have a full-time offer from this industry. Most of the graduates here work in top brands such as Amazon, Apple, etc.
|
Type |
Private |
|
QS World University Rankings 2024 |
1 |
|
QS Business Masters Rankings: Business Analytics 2023 |
1 |
|
Course Duration |
1 year |
|
Course Offered |
Master of Business Analytics |
|
Average Tuition Fees |
USD 86,300 (INR 71,95,000)/year |
|
Location |
Cambridge |
2. University of California, Los Angeles
The University of California, Los Angeles (UCLA) offers its business analytics course in the USA from the Anderson School of Management. They have been ranked in the top two for three years in a row. They educate students on tactical skills and encourage them to develop original data-driven decisions.
|
Type |
Public |
|
QS World University Rankings 2024 |
29 |
|
QS Business Masters Rankings: Business Analytics 2023 |
2 |
|
Course Duration |
15 months |
|
Course Offered |
Master of Science in Business Analytics |
|
Average Tuition Fees |
USD 68,710 (INR 57,28,460)/year |
|
Location |
Los Angeles (CA) |
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3. Purdue University
Purdue University offers this business analytics course in the USA from the Krannert School of Management. To achieve this degree, students should complete 36 hours of coursework. This course helps students develop the right techniques to deal with real-world challenges.
|
Type |
Public |
|
QS World University Rankings 2024 |
99 |
|
QS Business Masters Rankings: Business Analytics 2023 |
18 |
|
Course Duration |
11 months |
|
Course Offered |
Master of Science in Business Analytics and Information Management |
|
Average Tuition Fees |
USD 50,400 (INR 42,01,920)/year |
|
Location |
West Lafayette (IN) |
4. University of South California
University of South California (USC) offers its MSBA in USA course from USC Marshall school of business. This program is ranked as the most popular and highly demanded among international students. The course focuses more on project-based learning.
|
Type |
Private |
|
QS World University Rankings 2024 |
116 |
|
QS Business Masters Rankings: Business Analytics 2023 |
9 |
|
Course Duration |
1.5-2 years |
|
Course Offered |
Master of Science in Business Analytics |
|
Average Tuition Fees |
USD 72,501 (INR 60,44,524)/year |
|
Location |
Los Angeles (CA) |
5. Texas A & M University
Texas A & M University offers this course to all students, no matter if they are or are not from a business background. The university has multiple internship partners, such as Americal Airlines, etc., that help students enhance their skills.
|
Type |
Public |
|
QS World University Rankings 2024 |
134 |
|
QS Business Masters Rankings: Business Analytics 2023 |
25 |
|
Course Duration |
2 years or less |
|
Course Offered |
Master of Science in Business Analytics |
|
Average Tuition Fees |
1 hour each sem- USD 1,016 - USD 1,191 (INR 84,705 - INR 99,290)/sem
(Tuition fees is calculated based on the hours spent for each semester for this program.) |
|
Location |
College Station |
Difference Between MS in Business Analytics vs MBA In Business Analytics in USA
Did you know that most students get confused when it comes to pursuing business analytics courses?
While a few students prefer to study MSBA in the USA, there are a few of them who opt for an MBA in business analytics in the USA.
So, which choice is better?
Let’s understand the difference between the two below:
|
Masters in Business Analytics |
MBA in Business Analytics |
|---|---|
|
Focuses studies on business analytics alone |
Focuses studies on the world of business and everything around it |
|
Students will develop skills related to converting complex data into valuable information |
Students will develop skills related to marketing, operations, finance, accounting, etc |
|
Work experience here isn’t mandatory |
Work experience is mandatory here (5-7 years) |
|
Is a stem program |
Not a stem program |
|
Students will study subjects such as programming, data mining, AI, etc |
Students will study subjects such as finance, marketing, etc |
|
Job profiles such as marketing analyst, data analyst, etc will be available |
Job profiles such as product manager, business intelligence analyst, etc are available |
When it comes to choosing between an MSBA in USA or MBA in business analytics USA, it all comes down to what you wish your career path to be like. Now that you know the difference, it becomes easier to identify your career goals.
Eligibility Criteria For Best MS Business Analytics Programs In USA
To pursue business analytics in the USA, international students are required to meet the eligibility criteria. These eligibility criteria differ from one university to another; however, they all follow a standard procedure which is shared below:
- Bachelor’s Degree
- English Language Proficiency Test
- GMAT/GRE Scores
- Work Experience
- Coursework
Let us discuss each point in detail:
Bachelor’s Degree
International students should have completed their undergraduate studies to submit their bachelor's degree. Most universities also enquire for other educational transcripts as well thus keep a closer check on your dream university's application requirements for the same.
English Language Proficiency Test
International students whose first language isn’t English are required to undertake and pass an English language proficiency test. Most of the students opt for TOEFL and IELTS. Their scores are as follows:
- TOEFL - minimum 600 for paper-based test and minimum 93 for iBT
- IELTS- minimum 7.5 with a score of 7.0 in each section
GMAT/GRE Scores
Most universities expect students to share their GMAT/GRE scores. However, students can still pursue an MS in business analytics in the USA without the GRE or GMAT. There are a few universities that follow this, such as USC Marshall, Texas A & M University, Wisconsin School of Business, etc.
Work Experience
While this isn’t mandatory, having work experience proof is preferred by most US universities.
Coursework
A few universities inquire about students' coursework in computer programming during their application process.
Admission Process For Business Analytics Programs In USA
To speed up your application process, there are a few steps you need to follow to successfully meet the MS in Business Analytics in USA eligibility list. Here is an overview to get started:
- Identify which university offers MSBA in USA.
- Visit the chosen university’s official website to check the entry requirements.
- Pay the application fee and fill out the online application.
- Submit all required documents before the application deadline.
- If an interview invitation has been sent, ensure you attend the same.
- Once accepted, start arranging for funds and apply for a USA student visa.
- In a few universities, you can even check your class schedules.
Documents Required For MSBA In USA
Along with your online application, you are also required to submit a few sets of documents as requested by the university. Ensure the below is checked:
- Statement of Purpose (SOP)
- Two letters of recommendation (LOR)
- All official transcripts
- Video essay
- GMAT/GRE scores
- English language proficiency test scores
- Work experience proof
- CV/Resume
- Application fee payment proof
- Official sponsor statements
Cost Of Studying Masters In Business Analytics USA
To help you have a seamless learning experience, students are required to understand their monetary obligations better. To study MSBA in the USA, there are two cost factors that you should consider:
- Tuition Fees
- Cost of Living
Suggested: Comprehensive guide on the cost of studying in the USA
Let’s learn about them one by one:
Tuition Fees
The MS in business analytics in the USA fees range from $86,300 (INR 71,94,960) a year.
Note: Most universities charge their tuition fees based on the number of hours spent each semester. Ensure you check and calculate the same to retrieve a full-year fee total.
Cost of Living
Living expenses are an important factor that also impacts your MS in business analytics in USA studies. To live in the USA, students require a range of USD 10,000 (INR 8,33,710) - USD 20,000 (INR 16,67,430) a year. The expenses include accommodation rent, groceries, miscellaneous expenses, internet bills, health insurance, etc.
Suggested: Detailed guide on living expenses in USA
Scholarship Opportunities For Business Analytics In USA
Studying at the best universities for business analytics in the USA is no longer a hassle, especially in monetary terms. International students can now access a list of scholarships that help provide funds for those in need. Here are five such helpful scholarships that can help your funding needs for an MS in business analytics in the USA:
|
Scholarship Name |
Amount/Grant/Covers/Benefit |
|---|---|
|
Columbia Advisory Group Grant |
Applied to a Masters program in Texas A & M University
Grant of either USD 250 or USD 500 (INR 20840 - INR 41680) |
|
Keith and Nancy McFarland Endowment |
Enrolled in a program where students serve 9 graduate credit hours for each semester
USD 1000 (INR 83,370)/year |
|
Aga Foundation Scholarship |
Pursue MS in USA with financial issues
Offer 50% grants and 50% loans. Covers tuition and living costs. |
|
Global Study Awards |
Enrolled in a postgraduate program in USA and scored well in IELTS
USD 12,084 (INR 10,07,460) given to cater to tuition costs |
|
AAUW International Fellowship |
For women who wish to study full-time abroad Covers living, tuition, and childcare costs |
|
Job profiles such as marketing analyst, data analyst, etc will be available |
Job profiles such as product manager, business intelligence analyst, etc are available |
Suggested: Scholarships for Indian students to study in USA
Career Opportunities After Masters in Business Analytics In USA
BLS stated that the median average annual wage for MSBA graduates was $93,000 (INR 77,53,550) in 2021. With the demand in this industry, the salary ought to increase based on the experience and skills a student can offer. Once you graduate with an MS in business analytics in the USA without a GRE, there are tons of jobs after an MS in business analytics in the USA available for you to choose from. Here are the popular five:
|
Job Profile |
Average Annual Salary |
|---|---|
|
Senior Business Analyst |
$92,593 (INR 77,19,620) |
|
Senior Data Scientist |
$110, 962 (INR 92,51,070) |
|
Senior Data Analyst |
$80,855 (INR 67,41,010) |
|
Data Engineer |
$91,812 (INR 76,54,510) |
|
Business Analyst, Database |
$74,070 (INR 61,75,330) |
Students should pursue their career here because the jobs after MS in business analytics in USA are offered from widely recognized brands such as Wayfair LLC, Citibank, Ford Motor Company, Farmers Insurance Group, etc.
From the Desk of Yocket
Pursuing the MS in Business Analytics in the USA syllabus guarantees a student the right knowledge and skills required to drive in the real world. The business analyst courses in USA have been designed keeping in mind what the current industry leaders and top brand recruiters are looking for amongst MSBA graduates.
Ready to finally reach your dream university for a MSBA in USA? Yocket can help! Yocket’s expert end-to-end counseling services help you with everything from profile evaluation to university shortlisting and visas If you have questions about whether you would be an ideal fit for a MSBA course in USA, connect with our experts right away.