MS in Business Analytics in USA
Overview
Many international students planning to study abroad have eyes on the US's excellent education system. The country is home to some of the finest universities in the world. The practical approach to teaching, industry-specific skill development, and multicultural environment at US universities attract many international students to study in the US.
Moreover, degrees from US Universities are highly valued. A MS in Business Analytics in the US is one of the top courses that international students pursue.
What is MS in Business Analytics?
MS in Business Analytics is a graduate-level course included as part of the STEM programs. The course offers skills to collect and analyse useful data and make various business decisions based on analytics. It also includes a range of quantitative and statistical techniques, forecasting models, and computer resources, in addition to the knowledge of finance, and the business world, to collect useful data and make data-driven decisions.
While pursuing this course, you'll learn to solve real-world business challenges and learn other skills like decision-making, analytical skills, financial skills, etc. Generally, the duration of studying MS in Business Analytics in the US is 2 years (24 months).
Why Study a Master in Business Analytics in USA?
With the increasing competitiveness and complexity of businesses worldwide, making data-driven decisions has become more critical than ever before. As a result, many international students are now opting for a Master's in Business Analytics course. There are several compelling reasons to pursue this program in the US:
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Firstly, there are abundant career prospects for Business Analytics graduates in the US. According to the US Bureau of Labor Statistics (BLS), the number of business analytics jobs is projected to grow by 16% by 2024.
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Additionally, studying in the US provides students with the opportunity to gain knowledge and skills from top industry experts and connect with global brands.
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Moreover, Business Analytics is a STEM course, which means that international students can receive a 3-year Post-Study Work (PSW) permit after graduation. This is an excellent opportunity for students to gain work experience in top companies.
Eligibility Criteria to Study MS in Business Analytics in USA
To enrol for MS in Business Analytics, international students have to meet certain eligibility criteria mentioned below:
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They must have a good GPA in a relevant bachelor's degree program.. The minimum GPA required varies from university to university. Most US universities that offer business analytics courses have a minimum GPA requirement of 3.0-4.0 on the 4.0 GPA scale.
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Standardised entrance exams like the GRE and GMAT are crucial requirements for admission to a master's programme in business analytics. The minimum score requirement is 300, which could be higher for universities with higher rankings.
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Since MS in Business Analytics is an English-taught course, students need to prove their English proficiency skills. Most universities require test scores for English proficiency exams like IELTS, TOEFL, Duolingo, and PTE. The minimum score required in IELTS for the Business Analytics course is 6 or equivalent in other English proficiency tests.
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An updated résumé that includes some prior work experience is crucial. Many universities exclude GRE score requirements if the student has work experience in the relevant field.
Documents Required to Study MS in Business Analytics in USA
Below mentioned are some important documents that students require while applying to universities in USA:
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Academic transcripts (10th, 12th, and Bachelor’s)
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Scores of entrance examinations like the GRE, GMAT, SAT, ACT, and others (if required by your preferred university).
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English proficiency test scores (like IELTS, TOEFL, or PTE)
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2 LORs (one from the previous educational institution and one from the workplace)
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A well-drafted SOP (Statement of Purpose)
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A valid passport (must be valid till your whole course duration)
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Updated CV
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Certificate of Work Experience
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Proof of funds
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Two passport-sized photographs
Top Universities for MS in Business Analytics in US
In the USA, more than 200 universities offer MS in Business Analytics for international students. Moreover, various US universities even offer scholarships for international students. Some of the best US universities for graduate studies in Business Analytics are:
| Universities in USA | US News Ranking for Business Analytics Course |
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| Massachusetts Institute of Technology (Sloan) | 1st |
| Carnegie Mellon University (Tepper) | 2nd |
| Georgia Institute of Technology (Scheller) | 3rd |
| University of Pennsylvania (Wharton) | 4th |
| New York University (Stern) | 5th |
| University of California, Berkeley (Haas) | 6th |
| University of Texas--Austin (M9cCombs) | 7th |
| University of Chicago (Booth) | 8th |
| Santa Clara University (Leavey) | 9th |
| Duke University (Fuqua) | 10th |
Jobs after MS in Business Analytics in USA
Business analytics is one of the fastest-growing career fields and applies to every industry, type of business, or organisation in the US and globally. Various top MNCs are hiring Business Analytics graduates from US Universities, including Amazon, Apple, Facebook, Google, Boston Consulting Group, McKinsey, Uber, Walmart, and PayPal. Some of the top career options after pursuing a Master's in Business Analytics in USA are mentioned below.
| Job Profile | Average Salary (In USD) for MS in Business Analytics in the USA |
|---|---|
| Business Analyst | 101,911 |
| Financial Analyst | 86,902 |
| Quantitative Analyst | 86,235 |
| Operations Research Analyst | 81,390 |
| Business Management Analyst | 80,183 |
| Statistician | 79,147 |
| Management Analyst | 77,470 |
| Business Consultant | 77,433 |
| Data Scientist | 74,581 |
| Business Data Analyst | 74,116 |
| Mathematician | 71,569 |
FAQ's
The Master in Business Analytics modules includes Strategic Management, Information Systems Methods, Fundamentals of Project Management, Business Research Projects, Digital Twins and the Internet of Things, Business Intelligence, and Applied Systems Analysis.
Yes, MS in Business Analytics is included in the STEM courses.
Generally, the duration of a Master in Business Analytics in US Universities is 2 years.
The average salary of business analysts in the USA is around 80,000 USD.
The cost of studying for a Masters in Business Analytics USA varies from university to university. Whereas the average annual cost of studying MS in Business Analytics in the US is 20,000 USD to 27,000 USD.
The minimum overall score of 300 is required in GRE to Study MS in Business Analytics in the US.
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