Masters in Business Analytics in USA

In today’s days, business organizations rely mostly on data. This helps businesses ensure smooth and successful operations. The demand for studying business analytics is growing exponentially. It is a study of analyzing business data available and assessing these data with the organization’s current performance, and suggesting possible ways to improve an organization’s long-term visibility.

Study in USA, especially to pursue a master's in business analytics provides graduates with ample job prospects and research opportunities. The program includes coursework in specific areas, like forecasting data, statistical modeling, data mining and visualization, and a lot more. You will learn to utilize a variety of techniques and tools to analyze a large set of data that will help you gain insights to improve a business operation.

Why Choose the USA for Business Analytics?

MS in Business Analytics is a high-demand course in the USA. This is because the Data Analytics domain in the United States has an approximate worth of USD 35 billion. As an outcome, the Business Analytics industry needs to hire 30% of international graduates with an MSc/MS in business analytics. Moreover, the average salary of graduates in business analytics was around USD 95,000 PA. Let’s see why you should choose US Universities for studying Masters in Business Analytics.

• The United States is a country with some of the top-ranked universities in the world that offer MS degrees in various disciplines. 
• The US is renowned for having top-notch universities in the world, like UCLA, MIT, Michigan State University, and Chicago, to name a few.
• US Business Analytics market and research opportunities are growing by leaps and bounds.
• The US business schools are the best in the world for providing bespoke education and exposure. 
• The universities focus on preparing domestic and international students for real-world challenges.

Studying Masters in Business Analytics in the USA, you will be able to hone your business analytical skills by learning from world-renowned faculty and industry leaders who come with extensive experience, training, and research in their field.  

MS in Business Analytics: Degree Highlights

MS in Business Analytics in USA: Admission Requirements in 2024

US Universities offer PG-level programs for studying business analytics. International students must go through the detailed eligibility criteria and admission requirements, before applying to a university in the USA. The admission process/requirements, GRE/GMAT scores, and ELP test scores.are as follows.

MS in Business Analytics in USA: Eligibility Criteria

Eligibility for Business Analytics in the USA requires a combination of technical, analytics, and communication skills, besides a UG degree. Some universities also ask for relevant experiences.

Also, the eligibility criteria depend on the specific University you apply. The table given above will help you know how eligibility differs from one to another institute. In general, the following criteria or qualifications are needed to study in USA if you are planning to pursue a Masters in Business Analytics.

• A UG degree is required to start a career in business analytics.
• A degree in engineering, computer science, statistics, economics, business, or mathematics is preferred. Some institutions may require a master's degree in a relevant field.
• Knowledge of programming languages such as R, Python, and SQL is often asked by the Universities.
• One needs to have strong analytical and critical thinking skills, business skills are required, but not mandatory.
• One needs to have effective communication skills to be able to explain intricate data insights to non-technical people.
• Some universities ask for relevant work experience or internships in data analysis, business intelligence, or related fields, but that is not always mandatory.

MS in Business Analytics Exam Score Requirements

For admission to Masters in Business Analytics in any of the Universities in the USA, prospective students need to have a 4-year bachelor's degree or its 3-year equivalent in a relevant program. Also, one needs a minimum GPA of 3.0 to 3.66 out of 4.0 (83-92%), a GRE score of 167 in verbal as well as quants, or a GMAT score between 650 and 740.

MS in Business Analytics in the USA: Tuition Fees in 2024

MS in business analytics in the USA tuition fees vary from University to University. The average tuition fee is around 40,000 to 90,000 USD, equivalent to up to 74 lakh INR. This program ensures a lucrative return on investment with graduates earning an average salary of 75,000 USD, equivalent to 61 lakh INR.

Cost of Living in the USA

The USA is a vast as well as diverse country in the world with a wide array of living costs. However, the cost of living in the USA significantly varies on the state, city, or location you choose to dwell in. The table will help you understand how much can be your living cost.

MS in Business Analytics in USA Scholarships in 2024

Studying MS in the USA is no doubt expensive. With tuition fees ranging as high as 40,000 to 90,000 USD, equivalent to up to 74 lakh INR per annum, scholarships are needed for many international students, so that they can cut their expenses while studying abroad.

Here is a list of the top five scholarships offered by different organizations and institutions for international students to study MS in business analytics in the USA.

Wrapping It Up

If you want to study MS in business analytics abroad, the USA can be the perfect destination for several different reasons. The USA is one of the best and most trusted destinations for studying business analytics courses in terms of advanced education, training, development, research, and exposure. With potential funding options/scholarships, you can complete your master's degree in business analytics from one of the best Universities and push your career to the next level. 

Also Read More About: MBA in USA For Indian Students