MS in Business Analytics in USA: Top University, Tests, Eligibility And Careers

If you have a flair for understanding numbers and data, then a master’s in Business Analytics is the right choice for you.

Data has become an indispensable part of any field today.

The demand for Business Analysts and Data Scientists has significantly grown in a short period.

Business Analysts help manage corporations and companies with their decision making abilities.

They are the thinkers, informed decision-makers who help in managing customers, problem-solving strategies and much more.

As their job description might put out, Business Analysts are in high demand.

The U.S. Bureau of Labor Statistics (BLS) projects that the need for Business analysis is set to explode.

Theoretically, an MS in Business Analytics is an interdisciplinary STEM graduate professional degree that incorporates concepts from Data Science, Computer Science, Statistics and Business Intelligence.

Thus, making Business Analysts in charge of making informed decisions for the company through their skills and quantitative data analysis.

Since masters in Business Analytics USA is among the most sought after professions, let’s learn everything about MS in Business Analytics in the USA.

Why USA?

Other than being the home country of global giants like Apple, Netflix, Youtube and Amazon, USA also houses some of the best Business universities and colleges to pursue Business Analytics.

There are over 150 colleges offering an MS in Business Analytics in USA.

Hence, check out the top universities for masters in Business Analytics USA along with their fees, eligibility, jobs and salaries after graduating with Business Analytics in the USA.

Top 10 Universities for MS in Business Analytics in USA

A number of colleges in the USA have bagged top positions in the QS world ranking for Business Analytics.

The MS in Business Analytics in the USA is a year’s professional course.

Many universities offer an MS in Business Analytics in the USA as a part-time or a full-time course.

To name a few, look at the top 10 universities for MS in Business Analytics in the USA.

QS Rank

Universities

Duration

Cost ($)

Cost (₹)

1

Massachusetts Institute of Technology (Sloan)

1 year

$82,368

₹63,94,903.26

2

Carnegie Mellon University (Tepper)

9 months full time

18 months part-time

$34931/ semester

$922/semester

₹27,09,171.51

₹71,508

3

Georgia Institute of Technology (Scheller)

Two semesters

$40,752

₹31,60,466.34

4

Wharton School of the University of Pennsylvania

12 months

$40,000

₹31,02,146

5

New York University (Stern School of Business)

1 year

$83,000

₹64,36,952.95

6

University of California-Berkeley, Haas School of Business

Taken along with MBA courses

$71,817

₹55,69,609

7

University of Texas- Austin, McCombs School of Business

10 months

$47,516

₹36,88,595.81

8

University of Chicago, Booth School of Business

Programme concentrated with MBA

$74,919/ year

₹58,10,178.22

9

SCU Leavey School of Business,Santa Clara University

16 months

$1,358/ unit

42 number of units

=$ 57,036

₹1,05,316

=₹44,23,301.50

10

Fuqua School of Business, Duke University

13-14 months

$45,488

₹35,27,721.77

You can apply for MS in Business Analytics in the USA through any of these top universities through SelectRight.

Eligibility for Pursuing MS Business Analytics in the USA:

Students having a good academic record, and having completed three years of an undergraduate degree from any recognised university can apply for MS in Business Analytics in the USA.

To help you comprehend the eligibility criteria, take a look at the table below:

Business Analytics Eligibility Criteria

Qualification

Academic requirement

3 years UG degree certificate with a GPA of 3.4 and above

Accepted GRE scores

157 – 310 minimum

Accepted GMAT scores

640 – 718 average

Accepted TOEFL scores

80 – 105

Accepted IELTS scores

6.5 – 7

The GPA and GMAT/GRE score requirements differ for every university.

International students should check with their desired college/university to gather exact details or seek a professional’s assistance to do so.

Keep in mind that the score requirements for top-ranked universities is comparatively higher than mentioned.

On the other hand, universities like North Carolina State University, University of Rochester and UC San Diego offer MS in Business Analytics without the requirement of test scores.

However, some colleges and universities waiving off GRE/GMAT scores accept relevant work experience and letters of recommendation instead of test scores.

 

Cost of Studying MS in Business Analytics in USA:

The cost of studying MS in Business Analytics can seem expensive especially because of the dollar-rupee discrepancy.

The average tuition fees for MS in Business Analytics in USA are around ₹ 25 lakhs to ₹ 60 lakhs.

However, smart financial solutions like FundRight support students in fulfilling their study abroad aspirations at ease.

In addition to the top universities listed above, students can also enroll themselves in public universities that are comparatively cheaper.

Some of the public universities offering MS in Business Analytics in USA are:
– Oklahoma University – ₹11.61 lakh
– Grand Canyon University – ₹14.90 lakh
– Bellevue University – ₹15.76 lakh
Note: Study abroad aspirants are required to take a qualifying exam to be accepted into the USA. Therefore, if you are planning to pursue MS in Business Analytics in the USA make a note of the test costs too.
To help you cover your tuition costs and related expenses, the USA also offers a number of scholarships to students.
Here are some of the scholarships you can avail of to study MS in Business Analytics in USA:

1. Fulbright Nehru Master’s Fellowship
The grant includes J-1 visa support, round-trip economy class air travel from your home city to the host institution in the USA, funding for tuition and other fees, living and other related costs. It also covers accident and sickness coverage per U.S. Government guidelines.

2. GoClean Scholarships
This scholarship rewards $3500 to ambitious and hardworking individuals planning to pursue a college education.

3. AAUW International Fellowships
This fellowship is especially for women pursuing a degree in the USA. The amounts given by the fellowship are as follows:
– Master’s/first professional degree: $18,000 (₹13,98,459.60)
– Doctoral: $20,000 (₹15,53,844).
– Postdoctoral: $30,000 (₹23,30,766).

4. Aga Khan Foundation International Scholarship Programme
Scholarships are awarded on a 50% grant and 50% loan basis through a competitive application process once a year in June or July. Priorities are given to master’s level students.

 

5. GradRight Scholarships & Benefits
Students can apply on the GradRight portal to champion exciting scholarships to study abroad. Outdoing financial assistance, GradRight scholarships value your caliber to award you grants for your future.

Jobs and Career Opportunities After MS in Business Analytics in USA:

A Business Analyst graduate can expect a plethora of job opportunities in many roles including a Statistician, Market Research Analyst, Financial Analyst or a Business Analyst.

Keep in mind that a Business Analyst bridges the gaps between ideas and capabilities. They identify and manage problems, decipher and create ideas and enhance business with their efficient marketing strategies.

The USA indeed offers one of the best markets to secure jobs as fresh graduates.

Corporate giants like BCG, McKinsey, IBM and BMW flock to university graduates in the field.

To understand the fruitfulness of MS in Business Analytics in USA, take a look at the job profiles and their expected salaries:

Job Title

Salary ($)

Salary (₹)

Data scientist

$ 88,779

₹68,97,435.82

Data architect

$ 116,710

₹90,67,456.66

Data analyst

$ 60,208

₹46,77,691.98

Machine learning engineer

$ 110,739

₹86,03,556.54

Chief technology officer

$ 159,149

₹1,23,64,635.94

Chief data officer

$ 180,458

₹1,40,20,179.03

Project manager

$ 73,901

₹57,41,531.27

Market research

analysts

$ 63,120

₹49,03,931.66

Statistician

$ 73,054

₹56,75,725.98

Operations research analyst

$ 109,260

₹84,88,649.77

After a masters in Business Analytics USA, graduates can work in various sectors, including education, finance, health, pharmaceuticals, IT, environment, sport, transportation, market research or even, the government.
To wrap it for you, MS in Business Analytics USA is a booming career.
One step forward with experienced professionals and you can pursue the career of your dreams.

Frequently Asked Questions About Studying MS in Business Analytics in USA

1. Is MS in Business Analytics a STEM programme?
Yes. It is a STEM program offering Optional Practical Training.

2. Who can apply for an MS in Business Analytics program?
Students with a 3-year undergraduate degree or any equivalent such as Engineering can apply for the program.

3. How long is the MS in Business Analytics USA program?
MS in Business Analytics USA is usually 10 months to 14 months. Students have the option of choosing between a full-time course or a part-time course, which lasts longer i.e. 18 months.

4. What is the application process for MS in Business Analytics in the USA?
Students can directly apply to universities abroad through their official websites. However, you will require to submit:
– A preliminary information to assess your candidacy (whichever college demands)
– GRE/GMAT/IELTS/TOEFL scores
– Transcripts/ academic records
– Resume/ work experience (according to demand).

5. Is it worth doing MS in Business Analytics in the USA?
The USA is the best country to study MS in Business Analytics. MIT SLOAN is currently ranked first for its employability, alumni network, and leadership. With the top companies and rewarding packages studying MS in Business Analytics USA is totally worth it.

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