CATEGORIES
MS in Business Analytics: Career Advice
- Anand Patinge
- April 27, 2023
- 8:05 pm
If you’ve graduated with an MS in Business Analytics degree, congratulations.
You’ve now been prepared for jobs that require advanced decision-making and data analysis skills. Some of these skills include:
Since there’s a high demand for graduates who can solve complex business problems by expertly analyzing data, you’re bound to land the job of your dreams in no time.
Here’s what we’ll cover in this guide.
What can you do with a master’s in Business Analytics?
- Data architect
- Data analyst
- Statistician
- Project manager
- Market research analyst
- Data scientist
Getting your dream job with an MS in Business Analytics degree
- Specializing in the right course
- Networking Tips:
- Interview Preparation Tips
- Common job interview questions include
- Job Search Strategies
What can you do with a master’s in Business Analytics?
If you’re looking for career advice for MS in business analytics, you’ve come to the right place.
Some career paths upon completing the course include:
1. Data architect
As a Data Architect, you’ll be using programming tools to design data frameworks. These will help organizations manage massive electronic databases securely.
Being a highly technical role, it ensures that data stays relevant, accessible, and accurate to the company. This can, in turn, enable employees to easily access important information whenever they want.
Average salary: US$127,732
2. Data analyst
If you’re stepping into a Business Analytics career path, a job in Data Analysis can be perfect for you. Especially if you’ve got a way with numbers.
Your role as a Data Analyst would include collecting and evaluating data and then offering insights about how the organization can make better business decisions.
Average salary: $65,112
3. Statistician
A common answer to “What can you do with a master’s in Busines Analytics?” is the job of a statistician. In this role, you’ll need to analyze quantitive information compiled from surveys. You may then advise companies on solutions to problems to help them reach operational standards.
Average salary: $82,607
4. Project manager
Possessing critical-thinking skills and excellent leadership is essential for this role. As a Project Manager, you’re expected to budget, plan, and oversee the projects of your organization. Your data-driven business acumen will be effectively utilized in this job.
Average salary: $77,512
5. Market research analyst
After your MS in Business Analytics, you may land the role of a Market Research Analyst. A career in this field will require you to gather market intelligence in the form of spreadsheets, reports, and surveys. These can eventually help an organization market its product in the best way possible. The data you collect can include sales trends, consumer habits, interests, etc.
Average salary: $63,920
6. Data scientist
A career as a Data Scientist will need you to use machine learning, AI, and algorithms to mine raw data from various sources and then convert them into meaningful information. This information will, in turn, help companies refine their business operations and strategies.
Average salary: $72,469
Getting your dream job with an MS in Business Analytics degree
So, you’ve graduated with flying colors. You’ve got a degree in MS in Business Analytics. Now comes another major aspect of your career advancement: Finding the right job.
Here’s how you can go about it.
Specializing in the right course
MS in Business Analytics course specializations could vary from university to university. You can choose them according to the field you’d like to get into.
For instance, if you’re keen to pursue your MS in Business Analytics degree from Worcester Polytechnic Institute, you may specialize in Advanced Business Analytics Methods, Marketing Analytics, and Operations Analytics.
Similarly, Baruch College offers specializations that include: Principles of Database Management Systems, Communications, and Ethics for Business Analytics, Data Mining for Business Analytics, Business Analytics Project Lifecycle Management, etc.
Considering which universities could be best for you? You’ll have to keep in mind the following:
- Programs included, along with the course structure
- Whether they’re offering internships or placements as part of the program.
- If they have extra-curricular activities that interest you.
- Whether the faculties of the university offer everything you want.
Count on GradRight to give you AI-powered university recommendations!
Networking
- First, figure out your networking type. Do you prefer attending online or offline events that serve your purpose?
- Follow the rules of professional networking such as:
- Treat people like people – don’t give potential employers the impression that they’re just pawns in your strategy to get to the top.
- Another rule is to be picky. Don’t give your resume to everyone. And lastly, always remember to follow up. Your professional relationships will only be fleeting if you don’t.
- Third, you can use social media to your advantage.
Interview preparation
Remember to research the company and the role. You won’t be able to answer important questions like “How might you be of value to the company?” if you don’t know what is expected of you in the first place.
Common job interview questions include
- How do you deal with pressure or stress-causing situations?
- Why is there a gap in your work experience?
- Are you a risk-taker?
- What are your interests outside of work?
- What are your biggest strengths and weaknesses?
- What are you looking for in a new position?
- Why are you leaving your previous organization?
- Are you also considering positions in other companies?
Don’t hesitate to ask questions yourself too. This shows your interest in the company. Ask for clarity and information openly. Prepare for your interview by having a few questions already thought out.
Also, take notes. This displays your discipline and work ethic.
Lastly, don’t forget to print out copies of your work samples. This will make you appear more organized.
Beyond all of the above, it’s also essential you follow interview etiquette such as:
- Listening intently
- Being honest
- Knowing the interviewer’s name and pronunciation
- Being on time
- Not slighting your previous employer
- Greeting the interviewer with a smile/handshake
Using the right job search strategy
Some include attending job fairs, bypassing human resources, visiting company profiles, learning new skills to upgrade yourself, and most importantly – being selective with your search.
We hope you find exactly what you’re looking for!