Are you planning to pursue an MS in Business Analytics in the USA? Let me tell you that the USA is considered the best destination for business analytics masters. The famous Masters in Business Analytics (MSBA) program is praised highly by program graduates in the USA. This is because the business and tech industries are evergreen, and the USA is central. However, you need to know what specializations are available and better. Or what institute should you select, requirements, etc.?
MS Business Analytics (MSBS) in the USA
The world business trade is filled with data in trillions of numbers. In these times, demand for a quality business analyst comes with tremendous rewards. The job prospects, career development, and earning opportunities are enormous for an MSBA graduate. And the USA is the best possible place to do so. The country hosts most major MNCs and is a hub of business and the information industry. Your MSBA degree from a prestigious USA institute is most relevant to offer you the best possible options.
In general, MSBA is a STEM course. So to secure an enrolment to a top institute, you must have a relevant bachelor’s degree. There are many things to consider but know that the requirements, course fees, institutes all are very crucial elements for choosing an MSBA program in the USA. Therefore, do not neglect any primary details. The program is usually a one-year program. You would be surprised to know that business analyst careers are the top paid jobs in the USA!
MSBA in the USA: Career
The most popular areas for an MSBA graduate are business analytics, data, or consultancy. Data structured careers will require more analytical and problem-solving skills. You will have a wide area to work with, and the earnings of a data analyst are more than enough in the USA business & data industry. For consultancy, you must have stretch and critical thinking skills to succeed. The area is filled with managerial positions. You will be working on data gathering technical tools while maintaining communication and leadership skills.
The other major MBDA career is data scientist. Data scientists create complex data models and simulations in a big data environment. The field was filled with data to formulate findings and strategies for improvements. Your insights on information, data and analytics are the key focus here. Professional data scientists, in particular, earn six figures annually in the USA.
MSBA in the USA: Requirement
As mentioned, the program requires a relevant background education. And the other set requirements are a factor to consider as well. The MSBA program is not very flexible with your grades and test scores. It means you will need quality scores to be eligible for top institutes. However, here are the standard requirements for an MSBA program in the USA:
- Undergraduate degree (4 years or equivalent)
- Resume/CV
- LORs (usually 2-3)
- SOP
- Essays
- GRE/GMAT
- English Language Proficiency Test Scores (TOEFL/IELTS/PTE)
The GPA requirement is around 3.0, but to get admission to a top MSBA institute, you should aim for an above 3.5 GPA. As for GRE, the average GRE requirement is around 300+. This makes the GMAT requirement around 700+. To be honest, you may need a 720+ GMAT score for the best options. Luckily, the language test scores remain around TOEFL 90 and IELTS 7. So be sure to make necessary arrangements beforehand.
MSBA in the USA: Best Institutes
The analytics industry in the USA is alone worth above $30 billion. And regarding the institutes, the USA hosts the best institutes for the programs. The Economist QS places USA institutes for the best MSBA program globally. However, these courses at different USA-based institutes can cost up to $80,000. On the other hand, it can also remain around $40,000. Here are top institutes in the USA for MSBA:
|
Institute |
Program | Tuition |
|
MIT Sloan School of Management |
Master of Business Analytics | $82,250 |
| McCombs School of Business |
MS in Business Analytics |
$53,000 |
|
Marshall School of Business |
MS in Business Analytics | $69,036 |
| Carlson School of Management | MS in Business Analytics |
$67,500 |
|
The Eli Broad Graduate School of Management |
MS in Business Data Science & Analytics |
$39,000 |
| Krannert School of Management | MS in Business Analytics and Information Management |
$32,046 |
|
W. P. Carey School of Business |
MS-BA |
$31,200 |
| The Lally School of Management and Technology |
Business Analytics (STEM-designated) |
$57,100 |
|
Mendoza College of Business |
Business Analytics (MSBA) | $63,300 |
| SMU – Cox School o f Business | MS in Business Analytics |
$43,278 |
