Top Colleges For MS in Business Analytics in USA

In the age of thriving unicorns, start-ups, and multinational corporations lead a world that seamlessly surpasses the boundaries. A career in Business Analytics makes one curious to start by running a company, designing a long-term strategy, understanding this interconnected world, and charting a growth plan for a company.

Let us explore Rostrum’s curated list of the top colleges for MS in Business Analytics in the USA.

Let us kickstart by making ourselves acquainted with the courses offered, fees, and admission requirements for business analytics courses in the USA. Stick to this blog in your journey toward an MSBA in one of the top universities in the US, as it provides the essential guidance to navigate your journey toward ensuring a rightful position and landing your dream job in Business Analytics.

What is a Master in Business Analytics?

Data, the new oil that powers the world, is in high demand. Companies are in search of professionals who can process data and draw a map for their growth; an MS in Business Analytics is quintessential for all the companies, be it budding start up or a well established market dominator. With a vast market and thriving colleges in the USA, this is one of the most in-demand field. Business analysts are not just wanted; They are needed.

The Masters in Business Analytics program, or MSBA or MBA Program, is designed to equip students with data analytics tools and machine learning tools to bring out valuable information from the raw data. It is laid on the foundations of data mining, statistical and analytical tools, forecasting, data visualization, and data interpretation to understand the problem and apply it to the real world. The students are exposed to methods and techniques that can help interpret these data and provide valuable insights to improve the business operations and long-term viable strategies for the company’s growth. This field can make you an essential part of the global Big Data revolution.

Why study for an MS in Business Analytics in USA?

Why choose US universities – The place of reputed institutions and recruiters

For those who want to pursue an MS in Business Analytics, the United States offers a top destination. The USA data analytics market is valued at over USD 30 billion. As a result, about 30% of international MSBA graduates in the USA were employed in the business analytics sector last year. 

1. Established institutions for MSBA- USA is a top destination for top-ranked institutes like MIT, Michigan State University, NYU Stern, and many others. These institutes offer various training techniques, hands-on exposure, project handling, and internships, an extensive curriculum, numerous research possibilities, and certified instructors.
2. Top recruiters of MSBA – Employers require experts who can increase revenues for each financial year. An estimated 75% of significant companies prefer hiring fresh graduates in this field. Companies like Boston Consulting Group (BCG), McKinsey, IBM, Apple, Facebook and BMW actively seek graduates from reputed institutions who are well-equipped to boost their companies.

 Top Colleges for MS in Business Analytics in the USA

Here are the top colleges for MSBA in the USA which offer good pay and an appropriate environment to land up in top recruiting companies worldwide.

For the aspirants who want to join top colleges for MSBA in the USA, make sure you score good marks as mentioned above in your graduation or graduation equivalent courses to efficiently reach a head in the USA.

MSBA colleges in the USA: Top MSBA Programs in 2024

The above-mentioned top colleges for MSBA in the USA offer a spectrum of courses that are embedded in data visualization, programming, business analysis, and statistical methods. Here is a detailed list of the courses offered in these reputed institutions that will enrich your skills in acquiring a degree in MSBA.

Cost of studying MS in Business Analytics in the USA

The average tuition fee for a university in the USA offering MSBA is USD 50,400 per annum.  However, it’s important to note that this figure may vary depending on the university chosen for the program. For Columbia, it is USD 85000; for MIT, it is USD 87600; and for the US Davis Graduate School of Management, it charges USD 60000 on average, and so on. Many of these institutes also have scholarships that students can use to reduce their financial burden. This amount, while significant, is a valuable investment in your future.

Eligibility requirements for Business Analytics Course in the USA

Students and working professionals who aspire to be a part of the esteemed MSBA discipline in the USA should checklist the eligibility criteria before proceeding with their application. Your application, with these specific requirements, will set you apart from others. Hence, one should make these documents more precise and inquisitive, like your Statement of Purpose, and aim for good scores in the eligibility tests like GRE/GMAT and so on.

• Academic qualifications– A bachelor’s or undergraduate degree or equivalent, with a GPA of more than 3.5, is an influential factor in the application procedure. A high GPA can help your application get processed more quickly.
• GRE/GMAT score– You may need to share your GRE/GMAT test scores. It is always better to have a score above 690-730 to get into a top institute of MBSA in the USA.
• English language proficiency– This requires a minimum 7.5 IELTS range with a 7.0 tally in each section.
• Work experience– While work experience is an additional point but still, many top universities do take freshers, so there are no disappointments for those without experience. The top institutes in the USA offer seats to a dedicated candidate with the above-said conditions and a good SoP, as given below.
• Statement of Purpose– You will be asked to submit an essay of intent or SOP for MS and it will be a crucial part of your application. Make sure you stick to the university guidelines, format and word limit, the technicalities along with articulating your purpose with precision and passion and make it your best.

Be efficient in meeting these conditions so that you smoothly sit for the placements in MSBA in the US.

Course curriculum for MS in Business Analytics in USA

The top colleges in MS in Business Analytics in the USA course curriculum especially builds on three key areas:

1. Statistics– It includes learning about different statistical tools, programming languages, and so on.
2. Data Science- this especially deals with the aspects of data management, data visualization, it includes tools like Tableau, Power BI etc.
3. Analytical Methodologies – Analytical research is the process of gathering, analyzing, and interpreting information to make inferences and reach conclusions which includes both quantitative and qualitative methods.

NYU Stern also offers courses in Artificial Intelligence and most of the US universities allow students to choose electives (optional courses) such as Finance, Accounting, Economics, Management, and Marketing to cater to an interdisciplinary approach.

Job after MS in Business Analytics in the USA

The prospects of business analysts are expanding with the horizons of technology, and business analysts are needed in a wide range of fields like finance, healthcare, retail, technology, and manufacturing industries. This academic course tunes and interconnects the techie world with the human interface, where the role of business analysts is crucial.

 The job market is ever expanding for MSBA in the world with seamless connectivity; hence, grab an opportunity, target the right university with your potential, and end up in a high-paying job for your career.

FAQs on Best Universities for Business Analytics in The USA

1. What is the duration of the MS in Business Analytics course in the USA?

The average duration of an MS in Business Analytics in the US is typically 12 to 24 months; however, this can vary between universities.

2. Does the US have a demand for Business Analytics?

The job prospects of business analytics in the US are bright, with a booming market valued at USD 30 billion. This dynamic field provides numerous incredible opportunities for young professionals eager to innovate and offer insights that can drive growth.

3. Can I get an MS in Business Analytics without a GMAT in the US?

Yes, you can get into top institutes for MS in Business Analytics in the US even without taking the GMAT or GRE Exams. Check this aspect with that particular university to see whether they need a GMAT or GRE or whether it is not mandatory.

4. What is the Cost of MS in Business Analytics in the USA?

For an Indian student, the approximate cost of pursuing an MS in Business Analytics in the United States is USD 50,400.