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The Masters in Business Analytics degree offers students a chance to apply math and computing skills in a new field with curricula focused on blending business and technology. Students gain expertise studying ways to use data as a tool for business strategy and decision-making. Classes involve applying quantitative methods to Operations and Management Sciences, Information Systems, and Marketing.
Programs to Consider
1. Capella University – MBA – Business Intelligence
2. Walden University International – Master of Information Systems Management – Business Information Management
3. Ashford University – MBA – Information Systems
Students enrolled in Masters in Business Analytics start with core classes such as statistical methods, communications, accounting, finance, and technology. Additional courses are offered in data warehousing and mining, decision-making models, and prediction finance models. Students focus on data driven decision making, digital and social media analytics, and business applications such as process optimization.
The numerous benefits from earning a Masters in Business Analytics involve increased pay, opportunity for advancement, and flexible scheduling. This new degree is attractive for highly-motivated students with an interest in computing, math, data analysis, statistics, and decision-making. Students also develop technical expertise as well as communication and facilitator strategies. With the explosion of data available for analysis, businesses depend on trained analysts to consider all information streams. Students with strong computing and math experience can further their knowledge and skills by completing a Masters in Business Analytics program.
How To Find The Top Masters in Business Analytics Programs
US New and World Report lists top-ranked business schools at American colleges and universities. New York University’s Stern School of Business is considered among the best to offer a Master of Science in Business Analytics programs. NYU gives students a chance to major in this fresh discipline that combines business and technology, at separate campuses in New York City and Shanghai. Students expect to spend one year working through five modules in the heart of two major world cities. The first two modules are given at NYU’s Greenwich Village campus. Then students study Module 3 and 4 in Shanghai. The program completes the last module in New York.
Northwestern is ranked among the best online Master of Business Analytics programs. Students specialize in the online Master of Science in Predictive Analytics. The curriculum focuses on data-driven decisions and problem-solving. Classes cover material such as marketing, computer-based data mining, and analytics of risk, marketing, and web. Northwestern is accredited by the Higher Learning Commission and enjoys a high ranking as a research institution.
The University of Tennessee ranks as a leader in offering the Masters in Business Analytics degree. The UT College of Business Administration program is designed to meet the growing demand for graduates with business and analytic skills. UT’s Department of Statistics, Operations and Management Science ranks in the top 20 world programs.
Careers and Salaries For Individuals With Masters in Business Analytics Degrees
Masters in Business Analytics salaries begin in the $60,000 to $100,000 range for graduates without work experience. Students with prior work experience and a Master’s in Business Analytics make higher salaries ranging from $65,000 to $160,000. A director of analytics salary can start at $86,000 and increase to $145,000. Senior IT analysts earn a median salary of $78,000 that can increase to $105,000. Semantic engineer yearly earnings average $62,000, increasing to $100,000. Analytic engineers earn from $65,000 to $120,000. Desired work experiences for higher salaries include prior or recent work with large analytic data platforms, supervising complex infrastructure, and participation in technology and evaluation. Graduates with the Masters in Business Analytics also find fields in customer loyalty marketing management, campaign analytics, and logistics. The demand for data specialists creates a competitive edge for students graduating with Masters in Business Analytics and many opportunities to advance in salary and career satisfaction.
Additional Resource: What is a Masters in Business Administration?
