Business Analytics is the application of Data Analytics to business processes. Business Analytics refers to the skills, and practices for continuous iterative exploration and investigation of past business performance to gain insight and galvanize business planning. Business Analytics focuses on developing new insights and understanding of business performance based on data and statistical methods.
Business Analytics depends on sufficient volumes of high-quality data. The difficulty in securing data quality is combining and reconciling data across different systems, and then deciding what subsets of data to make available. Business analytics uses statistical analysis, modeling to help decision making.
The curriculum and content of each business analytics program will differ based on a number of factors, but some of the most common modules you could study include:
Businesses in every industry need smart, driven employees to make sense of the madness and find the underlying truth of the market data. The Masters in Business Analytics prepares students for this madness by covering the following courses:
There are several different specializations for those wishing to gain a deeper insight into specific areas of Business Analytics with a Business Analytics degree. Some of the specializations include:
If you’re looking to apply for an MS in Business Analytics, you might want to gain some insight into the basic requirements of the Business Analytics program. Some of the basic Masters in Business Analytics requirements include:
In the USA, it is considered a STEM course.
As a business analytics graduate, you’ll be in demand with employers across a range of sectors. Here are some of the roles that you could pursue after university:
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