If you're in pursuit of a course with a high return on investment (ROI), directing your focus toward an MBA or MSBA could be a strategic move. In this guide, we'll delve into the nuances of MBA vs Business Analytics MS, helping you navigate through discussions and make an informed choice tailored to your interests and career goals.
The business analytics market is booming, expected to hit USD 103.65 Billion by 2026. But not all Business Analytics courses are the same.Therefore, let’s go through the detailed insights on MBA vs Business Analytics MS and choose the best course to build a robust career.
This blog is a complete guide to clarify all your doubts about MBA vs Business Analytics abroad. However, At Yocket, we don't just share information, we help you understand the details and guide you to choose a course for a strong and fulfilling career. Check out Yocket Premium – your companion for shortlisting, document editing, application support, scholarships, and help with loans & visas.
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Overview of MSBA and MBA Course
Before choosing which is better MBA or MS in business analytics, it is important to understand the difference between MBA and business analytics MS course purpose and what they include.
- MBA in Business Analytics: An MBA in business analytics centres on business management. Students delve into creating sustainable organisations, applying data analytics with teamwork and innovation.Further, an MBA in business analytics abroad covers diverse business facets, including marketing, finance, international business, risk management, big data, and business forecasting.
- MS in Business Analytics: This degree equips students to handle data sets and tackle business challenges. By studying MSBA, students develop programming skills in SQL, Python, R, Apache Handoor, Spark, etc. It teaches them to convert complex data into valuable insights and enables them to use technical tools to solve business problems.
Now you know the basic difference between MBA and MS in business analytics. Next, let’s go through this table to check out the difference between MSBA vs MBA in business analytics based on other parameters like duration, salary, etc.
|
Parameter |
MBA in Business Analytics |
MS in Business Analytics |
|---|---|---|
|
Course Duration |
1.5 to 2 years or more |
12-18 months |
|
Curriculum |
Includes study in quantitative analysis, analytical tools, data management, operations communications, stakeholder relationships, negotiation skills, marketing strategy, etc. |
Includes courses in programming, statistics, data management, data mining, artificial intelligence, machine learning, laws and ethics in business analytics, business forecasting, etc. |
|
Average Tuition Fee |
USD 27,000 to 98,574 per year |
USD 148 to 46,380 per year |
|
Estimated Salary |
USD 84,000 per year |
USD 75,000 per year |
|
Top Job Roles |
Investment Banker, Financial Analyst, Human Resources Manager, Policy Analysts, Business Intelligence Analyst, Product Manager, etc. |
Marketing Analyst, Business Analyst, Quantitative Analyst, Data Scientist, etc. |
|
Requirements |
3-year bachelor's degree 3-5 years work experience IELTS with 6.0 or above band/ TOEFL with min 60 scores GMAT/GRE (optional) |
GMAT/GRE (optional) Bachelor's degree from an accredited university 2-3 years of relevant work experience |
Now that you're acquainted with the comprehensive distinctions between MBA vs MSBA courses,. With this differencebetween an MBA and MS in business analytics, one can mark out the parameters that are critical to them and make a selection. Next, let’s check out the top MSBA universities abroad.
Top MS in Business Analytics Universities Abroad
For international students, an MS in Business Analytics opens doors to study at globally renowned universities, offering incredible job prospects, competitive salaries, and recognized certifications. Here's a snapshot of top universities for pursuing an MS in Business Analytics, including their QS World Universities Ranking 2024 and estimated tuition fees:
|
University Name |
QS Ranking 2024 |
Average Tuition Fee/ year |
|---|---|---|
|
1 |
$86,300 |
|
|
6 |
£34,300 (INR 36,15,110) |
|
|
9 |
£35,100 |
|
|
23 |
$54,528 ( |
|
|
63 |
$54,000 |
Next, let’s have a look at the top MBA in business analytics universities abroad. With this information, you can establish a tuition fee comparison between a master's in business analytics and an MBA in business analytics. It will further help you make an informed choice between MBA and MS business analytics.
Top MBA Universities Abroad
MBA courses in business analytics provide various perks for international students, like networking opportunities, diverse career options, the latest market trends, trending jobs, etc. Here are the top MBA in business analytics universities abroad with their QS World University Ranking 2024 and estimated tuition fees.
|
University Name |
QS Ranking 2024 |
Average Tuition Fee per year |
|---|---|---|
|
222 |
$29,754 ( INR 24,74,030) |
|
|
208 |
£27,000 (INR 28,46,006) |
|
|
326 |
A$35,900 (INR 19,56,076) |
|
|
505 |
$85,620 (INR 71,19,362) |
|
|
1001-1200 |
$69,552 (INR 57,83,297) |
The above two lists provided you with the top universities to do an MSBA and MBA from abroad. But wait, there's more! If you're itching to know your chances of getting into these stellar institutions or if you want a personalised list based on your unique profile, then hop on board our College Finder Tool.
Your academic journey is as unique as you are, and Yocket is here to make sure you find the perfect match. Let's uncover the possibilities together—check out College Finder Tool now!
Next, let’s explore which is better, MBA vs. MS in business analytics, and which one you should choose. These selection pointers with differences between MBA and MSBA will surely help you gain clarity.
Which is Better MBA or MS in Business Analytics?
Other than the above-given information like course duration, top universities, fees, requirements, etc., international students can also consider the following pointers while choosing between MSBA and MBA in business analytics.
- STEM Benefits: If you wish to enjoy the benefits of STEM (Science, Technology, Engineering, and Mathematics) education, choose MS in business analytics/ MSBA, as the MBA in business analytics is not a part of STEM courses.
- Startup Aspirations: If you wish to begin a startup or become a CEO or entrepreneur, choose MBA in business analytics. This degree will help you learn how to use data analytics and management skills for business growth.
- Nature of Course: If you wish to pursue a theoretical degree that focuses on the broad application of data analytics, choose MBA in business analytics. However, choose MS in business analytics to attain both practical/theoretical knowledge with hands-on experience in machine learning, software engineering, etc.
- Background Matters: Usually, students from a business background who want to gain familiarity with data analytics choose MBA in business analytics. Whereas those with a technical background who want to gain in-depth knowledge of data science techniques choose MSBA.
When it comes to your academic journey, there's no one-size-fits-all. Consider these aspects, align them with your goals, and make a choice that sets you on the path to success!
From the Desk of Yocket
In this blog, we covered the comprehensive debate of MBA vs. Business Analytics MS courses. We provided you with a list of the top colleges for both courses abroad, and we listed factors that helped you choose the right course for you.
Beyond just sharing information, Yocket goes the extra mile, offering strategies to guide your academic journey. Our experienced counsellors are ready to guide you. Book a call with us today, and let's transform your aspirations into a well-guided reality. Your academic journey awaits, and we're here to make it exceptional.
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