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MS in Business Analytics in USA
MS in Business Analytics (MSBA) has been a growing sensation among international students for the past few years. It is a specialized postgraduate program to enhance the capabilities and knowledge of students to deal with real-life business problems, make authentic business strategies, and establish new ideas in a business-ruled world. It incorporates ideas from Data Science, Statistics, Computer Science, information technology, mathematics, etc.
Now, let’s delve deeper into the details of doing an MS in Business Analytics in USA.
What is Business Analytics?
Business Analytics is a degree that crafts future business experts to suggest solutions and innovative business strategies to improve a company’s global business performance. It has a top position in the most sought-after degrees list because it assures a better future and career opportunities. Moreover, it incorporates almost all the best parts of multiple disciplines to construct meritorious Business analysts.
It is the process of using technologies and skills to scrutinize and methodically analyze the available statistical data of a company to understand its past performance and suggest innovative methods to improve its business in the future.
In this data-driven world, having proper business analytical skills and knowledge will help you to ensure a well-defined career and financial security.
MS in Business Analytics in USA: Highlights
Program name | Master of Science in Business Analytics(MSBA). |
Top US universities offering this program | MIT, UCLA, Texas A&M University, etc. |
Eligibility criteria | A valid Bachelor’s degree, IELTS, TOEFL, GMAT/GRE. |
Top career titles | Senior Business Analyst, Senior Data Analyst, Data Scientist, etc. |
Average tuition fee | $ 39,000 to $ 90,586 per year |
Top Employers | Google, IBM, Amazon, Citi, etc. |
The salary range | $ 69,700- $ 1,80,458 per year |
Why Study MS in Business Analytics (MSBA) in the USA?
Most international students prefer to study Master of Science in Business Analytics in the USA because of several reasons. Some of the reasons are:
- Top universities: The USA has many of the most esteemed universities in the world. International students mostly prefer to pursue higher studies in prestigious universities in the USA because it can accelerate their careers in all realms.
- Quality Education: The educational system and curriculum of MS in Business Analytics courses are in such a way as to make the students confront real-life business problems and make methodical suggestions to overcome those problems using skills and technologies of Business Analytics.
- Location preference: The USA has been ruling the list of dream study destinations for a long time. It’s the first choice for most students who want to study abroad. Its economic security, lifestyle, global job opportunities, etc. attract international students to choose it over other countries.
- Career opportunities: The USA is a global market for jobs. Top employers of the world are from USA. After completing their studies, students can find a highly-paying job in the USA and begin their career in the most promising companies with highly talented and experienced seniors in their respective fields. This may help them in their career.
Factors to consider while choosing MSBA in USA
- Curriculum: Students must research the curriculum and courses offered in a particular university for the MS in Business Analytics.
- Faculty Expertise: Faculties have a vital role in shaping a student’s future and career.
- Internship opportunities: If your selected university has partnerships with top companies worldwide, students can collaborate with multiple companies as apart of their internships. This may add more value to your resume and career profile.
- Learning process: The process of learning is important in a course like Business Analytics. If your university follows experiential learning by following case studies, consulting engagements, etc., you will have first-hand experience in solving real-life business challenges.
- Alumni: If your chosen university has an active alumni network, you can approach them as a group member and seek guidance from them in the beginning stages of your career. Hence, you can make use of your alumni network in a professional realm. As a result, you can enhance your knowledge and career aspirations.
- Career opportunities: The primary concern of anyone is to get a high-paying job immediately after graduating. So, students must gather information about the career options that they can explore once they graduate from their university. You can check whether the university has tie-ups with MNCs or do they conduct job drives, etc.
Top 10 universities for MS in Business Analytics in USA
University | Courses | Location | Annual Tuition Fees (USD) |
Massachusetts Institute of Technology | Master of Business Analytics | Cambridge | 86,300 |
The University of Texas, Austin. | Master of Business Analytics | College Station | 53,000 |
University of California | Master of Business Analytics | Los Angeles | 68,710 |
University of South Carolina | Master of Science in Business Analytics | Columbia, South Carolina | 72,501 |
Purdue University | Master of Science in Business Analytics and Information Management | West Lafayette | 50,400 |
Michigan State University | Master’s in Business Data Science and Analytics | Michigan | 39,000 |
The University of Minnesota | MS in Business Analytics | Minneapolis | 69,525 |
Arizona State University | Master of Business Analytics | Arizona | 82,032 |
University of California, San Diego | Master of Science in Business Analytics | San Diego | 90,586 |
University of California, Davis | Master of Science in Business Analytics | Davis | 86,748 |
Exams Required to Study MSBA in USA
There are a few exams you need to take before applying to MSBA in USA.
- TOEFL (Test of English as a Foreign Language ): It is an English Proficiency test accepted by global universities to assess a candidate’s proficiency in English. Universities in the USA prefer TOEFL scores more than other English proficiency tests. Each university has different TOEFL score preferences.
- IELTS (International English Language Testing System): It is another standardized English language proficiency test, accepted globally, to test a candidate’s English proficiency in Listening, Speaking, Reading, and Writing. If you are from a non-English speaking country, you can take IELTS and secure a good score to study MS in Business Analytics in USA.
- PTE (Pearson Test of English): It is another English language proficiency test accepted by US colleges and universities to examine students’ English proficiency.
- GRE (Graduate Record Examination): Some universities in the USA accept GRE scores for MS admission. Though it is not essential in MSBA admission, a good GRE score can prove your potential to the administrators of universities.
- GMAT (Graduate Management Assessment Test): It is an entrance test taken by students who want to pursue their postgraduation in abroad universities. Though it is not essential in some universities in the USA, some other universities prefer to admit students who have GMAT or GRE scores.
Eligibility requirements For MSBA in USA
- Applicants must have passed an equivalent undergraduate degree in a relevant stream.
- Applicants must be proficient in English.
- They should have good scores in GRE/GMAT exams.
- They should have done coursework in the following computer programming languages, such as JAVA, C++, Python, etc.
- They must be able to finance their expenses in the USA.
Documents Required for MS in Business Analytics in USA
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Academic transcripts
Applicants have to submit their academic certificates and other documents when applying for an MS program in Business Analytics in USA.
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Statement of Purpose (SOP)
The Statement of Purpose is essential to secure a seat in MS programs in the USA. It’s an official essay about the applicant’s academic records, skills, experiences, etc.
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Letter of Recommendation ( LOR)
The Letters of Recommendation play an important role in your MS in Business Analytics admission in the USA. US universities may ask for two types of LORs: academic and professional.
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An updated copy of CV/Resume
Applicants must update their resume before applying to the university. Your resume should have all your academic and professional achievements up to date.
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Test scores
Scores of English language proficiency tests and other entrance tests are essential while applying to an overseas university. Students must attach a copy of their required entrance and English language test results with their applications.
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Work experience proof
Many universities won’t ask for an experience certificate, though some universities prefer to choose candidates who have work experience in their specialized fields. It’s purely optional.
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Licensed Sponsor details
Students have to apply to an accredited university with an excellent academic record. They have to collect proper details from their sponsors to get student visas.
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Fee payment receipt
Students have to pay the application fee asked by their respective universities and attach a copy of their application.
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Personal Essay
Many US universities ask students to submit personal essays to assess their efficiency in using language to analyze and represent their thoughts and achievements.
University-Specific Academic Requirements
University | GPA on a 4.0 scale | Additional Documents required | Minimum TOEFL score | GMAT/GRE score |
Massachusetts Institute of Technology | 3.8 |
|
90-100 | GRE: 165-170 (Quantitative)
154-167 (Verbal) |
University of Texas, Austin | 3.66 |
|
79 | Not required |
Purdue University | 3.0 |
|
93 | Not required |
Michigan State University | 3.5 | Knowledge of programming languages. | 100 | Not required |
University of Notre Dame | 3.45 | Not mandatory | 84 | GMAT: 640-750 |
University of California, Los Angeles | 3.0 | Proof of coursework in Computer programming | 87 | GMAT: 710
GRE: 167 |
Scholarships for MS in Business Analytics in USA
1. Fulbright Nehru Masters Scholarships
This is a merit-based scholarship for meritorious Indian students who has leadership qualities and outstanding academic qualification.
Eligibility criteria
- Applicants must have completed an undergraduate degree, equivalent to a US bachelor’s degree, with a minimum of 55% from a recognized institution.
- Must have leadership qualities and community service experience.
- Must be proficient in English.
- Must have a minimum of professional experience.
Benefits
- J-1 student visa
- Economic class flight tickets
- Tuition fees
- Accident and health coverage
- Other living expenses in the USA.
2. AAUW International Fellowships
It is also a merit-based scholarship for international female students pursuing full-time research courses in the USA.
Eligibility criteria
- Applicants must be an international student.
- They must hold a USA student visa.
- They should have an academic bachelor’s degree.
- They should be willing to return to their home country to pursue a professional career.
- They must fulfill English proficiency requirements:
IELTS: 6.5
TOEFL: 79
Benefits
- International women candidates will receive money based on the course they are studying.
- Mostly, $18,000 is the grant for master’s study.
3. Inlaks Shivadasani Foundation scholarships
This is another merit-based scholarship for Indian students with an excellent academic background to study abroad.
Eligibility Criteria
- Applicants should be Indian citizens.
- Applicants shouldn’t be more than 30 years of age.
- Applicants must hold a valid Indian Passport.
- They must have a first-class bachelor’s degree from a recognized Indian university.
- They must not hold a postgraduate degree from an international university.
4. Columbia Advisory Group Grant
Eligibility Criteria
- Applicants must apply to a Master’s program at Texas A&M University.
Benefits
- Selected candidates will receive $250 or $500.
5. Keith and Nancy Mcfarland Endowment
Eligibility Criteria
- Applicants must be enrolled in a course of 9 graduate credit hours each semester.
- They must have a good academic background.
- They must be able to make satisfactory progress toward graduation.
- Applicants must submit a vita/Resume.
- They should get a reference letter from their principal advisor.
Benefits
- Selected applicants will receive $ 1000 per year.
Job roles and Salary after MS in Business Analytics in USA
Job Roles | Average Annual Salary (USD) |
Chief Data Officer (CDO) | 1,80,458 |
Chief Technology Officer (CTO) | 1,59,149 |
Application Architect | 1,12,871 |
Senior Data Scientist | 1,10,962 |
Senior Business Analyst | 92,593 |
Data Engineer | 91,812 |
Financial Analyst | 86,902 |
Operations Research Analyst | 81,390 |
Senior Data Scientist | 80,855 |
Business Management Analyst | 80,183 |
Analytics Consultant | 80,151 |
Statistician | 79,147 |
Management Analyst | 77,470 |
Business Consultant | 77,433 |
Data Scientist | 74,581 |
Business Analyst Data Base | 74,070 |
Business Intelligence Analyst | 69,700 |
Company-wise salary for Business Analysts in USA
Company | Average Annual Salary |
$1,67,359 | |
Cisco Systems, Inc. | $1,38,376 |
Amazon | $1,33,225 |
McKinsey and Company | $1,29,162 |
Kearney | $1,15,402 |
CGI | $1,05,770 |
IBM | $1,04,890 |
Accenture | $1,01,625 |
Capital One | $95,280 |
Infosys | $95,047 |
Deloitte | $93,417 |
Citi | $92,008 |
Tata Consultancy Services | $91,869 |
J P Morgan Chase and Co. | $91,500 |
System Soft Technologies | $89,171 |
Texas Review: A Better Choice to Study in USA
Texas Review, one of the top study abroad consultants, takes pride in providing our best service to our clients to study in USA. Our country and course experts leave no stone unturned to ensure your successful admission to the university of your choice.
What do we offer?
- Country and course counseling.
- Professional team and resources.
- English proficiency tests (IELTS, TOEFL, and PTE) and entrance tests (GRE, GMAT, and SAT) coaching.
- Visa counseling.
- Scholarships counseling.
- Reviewing your application.
- Post-submission services
- Interview Preparation
- Regular follow-ups.
- Post-landing services.
Please contact us for further details regarding our services at 9100444920, Mail us: [email protected]
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