MS IN BUSINESS ANALYTICS IN USA- A GUIDE | LilacBUds

Globalization, work-related travel, and outsourcing have resulted in the trade and market becoming a level playing field for all. Data flows seamlessly and provides insights into emerging markets and consumer trends. Companies across the globe and in all domains like sports, nutrition, health care, consumer goods, and many more need skilled professionals who can analyze the data and provide insights. Companies that successfully analyze and interpret data to understand customer and market trends are on a growth path. It leads to companies investing in the role of business analysts. A business analyst provides companies the interpreted and analyzed data using various statistical, computational, and quantitative tools. A person with a degree in Business Analytics is a good fit for this role and is in great demand. Hence a student pursuing a degree in Business Analytics can find himself involved with companies across any industry such as sports, financial instruments, consumer goods, food and nutrition, travel, hospitality, and more.

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Every student keen on doing an MS course in Business analytics would need help understanding- which is the best place to pursue the course? India or abroad? And if Abroad where? Which are the top universities for Business Analytics in the USA?

We have highlighted some of the reasons why studying MS in Business Analytics from the USA is a better option:

Advantages of studying MS in Business Analytics in the USA

Key highlights of why one should consider pursuing this course in the USA.

·         More than 200 top universities offer Business Analytics courses,

·    New job opportunities and openings – More number of companies are involved in using and interpreting data for their growth and business         

·       Higher growth forecast in the Business Analytics sector between the years 2016-2026 – Bureau of Labor Statistics        

·         Higher salaries

·         Business Analytics is a designated STEM-related program with a bright outlook.

·         The course duration varies around 12 months on average full-time. Within a year, one can get their degree.

·         One can opt for the Confirmed Optional practical Training permit valid for up to 3 years (as it is a STEM-related program) for work in the USA.

·         Global standards of education 

Which are the top Universities in the USA for MS in Business Analytics?

The world's best colleges offering MS in Business Analytics are in the USA. The Analytics market in the USA is on a fast track, and hence qualified professionals are in great demand.

Listed below are some of the top-ranking universities of the USA offering master’s in business analytics:-

Universities

Program Offered

MIT

Masters of Business Analytics (1 year)

UCLA

MS Business Analytics (15 months)

UT-Austin

MSBA (Master of Science in Business Analytics) 10 months

University of Minnesota

MS Business Analytics (1 year)

Michigan State University

Master’s in Business Analytics (12 months)

Purdue University

MS Business Analytics and Information Management

Arizona State University

MSBA (9 months)

University of Notre Dame

MS Business Analytics (1 year)

UC Davis

MSBA (1 year)
 

Many other universities too offer MS in Business Analytics, and based on their qualifying examination results can consider for admission. Let us look at the eligibility criteria for admission to top universities:

Eligibility for enrolling in MS Business Analytics program in the USA

Every student wishing to pursue the course needs to fulfill some eligibility criteria- qualifying exam, academic, and any additional requirements deemed by the university.

Some of the criteria are:

1.    Undergraduate degree

2.    Qualifying for exam GRE/GMAT as per University requirement

3.    Work experience as per university guidelines

4.    Computer skills as specified by the university

Apart from this, one has to qualify for the TOEFL or IELTS exam with good test scores.

Apart from eligibility requirements, they have to be ready with a set of documents necessary for the admission process.

A brief checklist of the documents required to pursue an MS in Business Analytics:

 Documents required- application process

Students need to submit valid proofs and the following documents to the university:-

1.    Valid passport

2.     Copy of the previous passport, if applicable

3.    Printed copy DS-160 form and I-20 form

4.    Visa fee Receipt

5.    Proof of financial resources to fund the program –like tax returns, bank statements, salary slips, scholarship letters, etc.

6.    Educational qualifications- Original mark sheets

7.    Qualifying examinations like GMAT, GRE, TOEFL, IELTS, etc., score sheets.

A few additional pointers to keep in mind are:

·         Aim for a higher GRE/GMAT score to get your choice university.

·         Submit application forms much before due dates to get early confirmation

·         Factor in Visa appointments and processing times

·        Students who scored excellent grades in their undergraduate program can approach universities to waive the GRE/GMAT requirement.

·         Try and gain work experience as a part of internship programs. Many universities give weight to this aspect.

 

Key takeaways:

 

  • MS in Business Analytics in the USA is a good option for students and is offered by many universities
  • Business Analytics skilled professionals are in great demand in industries and organizations
  • There is a gap between the demand and supply of professionals 
  • Business Analytics is a growing field used across all kinds of industries and business

Conclusion and to wrap it up:

Business Analytics is a niche field of study with high growth potential. Students qualified in Business Analytics are in great demand in industries. They help business growth by analyzing and interpreting data. They have higher earning potential, and hence pursuing an MS in Business Analytics in the USA is a lucrative option.

 

If you’re interested in pursuing a Business Analytics program from a leading US university, or have queries related to the program and admissions process, feel free to reach out to the LilacBuds team. We are one of India’s leading study abroad consultants, providing guidance and mentorship to study-abroad aspirants in their higher education journey abroad. 

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