unischolars blog

Personalised Study Abroad Counselling For Indian Students

6+ Countries

600+ Universities

3M+ Users

30K+ Students Counselled

Personalised Study Abroad Counselling For Indian Students

6+ Countries

600+ Universities

3M+ Users

30K+ Students Counselled

Masters In Business Analytics In USA: Top Universities, Fees, Salaries In 2024!

masters in business analytics in usa

Do you want to know deeper about the power of data and drive strategic business decisions? A masters in business analytics in USA could be your key to success.  This degree sharpens your skills in data mining, modelling and visualisation, transforming you into a strategic decision-making machine. Armed with these valuable abilities, you’ll be prepared to tackle data-driven challenges in various industries across the United States. Read insights in this blog which will leave you spellbound about an MS in business analytics in USA.

Masters In Business Analytics In USA: Highlights

Highlights of Masters in Business Analytics from the USA.

Best Universities For Business Analytics In USA

Below, you’ll find a list of universities offering MS in business analytics in USA, complete with their application deadlines and tuition fees, facilitating informed decision-making for prospective students seeking to pursue advanced studies in this field.

UniversityRankingFees (USD)
Massachusetts Institute of Technology (MIT)1$86,300
University of California, Los Angeles (UCLA)2$68,710
Purdue University18$50,400
University of Southern California (USC)9$72,501
Texas A & M University25$1,016 – $1,191 per semester
University of California, San Diego201-250$90,586
Michigan State University63$39,000
University of Notre Dame251-300$90,586
Arizona State University97$59,180
University of California, Davis301-350$86,748

MS In Business Analytics In USA Requirements

If you’re aspiring to pursue MS courses in the USA relating to business analytics, you should carefully review the admission criteria set forth by their target universities. While core requirements like undergraduate transcripts, standardised test scores and letters of recommendation are common across institutions, each university may have its own unique set of requirements. To ensure a competitive application, it is crucial to thoroughly understand the below table:  

UniversityAcademic RequirementAdditional Documents
Massachusetts Institute of Technology4 years UG degree or 3 years equivalent, GPA of 3.8 or above on a 4.0 scale (92-93%)Full time paid work experience
3 LORs (2 academic, 1 professional LOR)
1 page resume
Essay questions
Short answers
University of California, Los AngelesUG degree with minimum 3.0/4.0 GPA (83-86%)Experience or coursework in Computer Programming
University of Texas at AustinUG degree in a quantitative field, overall GPA of 3.66 out of 4.0 (90-92%)2 LORs
Personal essay
Resume
1 minute video essay
University of California, San DiegoUndergraduate degree or diplomaWork experience not mandatory
2 LORs
Resume or CV
Quantitative experience
SOP (500 words)
Purdue UniversityUG degree with minimum 3.0/4.0 GPA (83-86%)2 LORs
Resume
SOP
Michigan State University4 year bachelor’s degree or equivalent with 3.5/4.0 cumulative GPA (89-90%)Work or internship experience optional
Knowledge in programming language like: C, C++, Python, Java, and HTML
University of Notre DameAverage GPA: 3.45/4.0 (88-89%)Not mandatory
Arizona State UniversityGPA of 3.0 on a 4.0 scale (83-86%)1 LOR explaining commitment motivation
achievements
work experience and opportunity
Current resume
Short answer question responses
University of California, DavisAverage GPA of 3.5/4.0 (89-90%)Average 2 years of work experience

Documents Needed

International students must thoroughly review the detailed eligibility criteria before applying to various MS fields in the USA. The common application requirements for international students are as follows:

  • Academic Degree: A 4-year undergraduate degree or a 3-year equivalent degree in a relevant field.
  • Minimum GPA: 3.0 to 3.66 out of 4.0 (83-92%).
  • GRE or GMAT Score: An average GRE score of 167 in the quantitative section across various universities. The average GMAT score for admitted applicants ranges between 640 and 750.
  • English Proficiency Test Score: The minimum TOEFL score varies between 79 and 105 across different universities.
  • SOP: An SOP For Business Analytics should ideally be around 500 words.
  • Essay: A personal essay within the word limit specified by a particular university might be required for admission.
  • Letters of Recommendation: 1-3 from academic and professional supervisors.
  • Coursework: Knowledge of various programming languages like C, C++, HTML, Python, Java, and/or others can add value to your application.
  • Professional Experience: At least 1-2 years of full-time professional experience for admission to a master’s in business analytics in USA programme.

English Language Proficiency Scores  

For students whose native language is not English, they will have to submit the below scores. Its vital that you get the following or higher scores only!

UniversityTOEFL Score RequirementGMAT/GRE Score Requirement
Massachusetts Institute of TechnologyMinimum: 90GRE Quant Range: 165-170
University of California, Los Angeles87GMAT Score: 710
University of Texas at Austin79Not Required
University of California, San Diego105Not Required
Purdue University93Not Required
Michigan State University100Not Required
University of Notre Dame84 overallGMAT score: 640-750
Arizona State University80Not Required
University of California, Davis80Average GRE quant score: 167

Scholarships Offered

MS in Business Analytics in USA fees can be a significant reaching upwards of $90,600 per year. For Indian students, securing scholarships becomes crucial to reducing this financial burden on their pocket. Fortunately, a range of scholarships to study in the USA are available, some offering full tuition waivers and covering additional expenses. To aid your scholarship search, here is a list of popular scholarships for international students pursuing an MSBA in the USA:

ScholarshipEligibilityAward Value
Fulbright Nehru Masters Scholarships4-year bachelor’s degree or a master’s degree, work experience of 3 yearsFull tuition fees
AAUW International FellowshipsInternational students with US equivalent bachelor’s degree, already applied to the proposed institution$20,000 to $50,000
Inlaks Shivdasani Foundation ScholarshipIndian passport holders, Students born after January 1, 1992, Minimum overall grade: 65%Up to $100,000
Broker Fish International Student Scholarship500-1000 words essay$1,000

Career Prospects After A Masters In Business Analytics In USA

According to Payscale, the average MS in business analytics in USA salary is a whopping $75,000. With this qualification, you’ll have numerous exciting job options to explore. Companies are actively hiring business analytics graduates for roles like data analyst, business intelligence developer, operations research analyst, and marketing analyst. Scoring any of these in-demand jobs can set you up for an excellent income right after graduation.

Name Of The ProfessionAverage Salary
Data Analyst$70,000
Data Scientist$91,000
Analytics Consultant$80,000
Senior Business Analyst$93,000
Business Intelligence Analyst$69,000
Business Analyst$66,720

Top Recruiters In Business Analytics Field 

Around 75% of major companies and businesses in the US prefer hiring recent graduates with a degree in Business Analytics. Big names like BCG, McKinsey, IBM, and BMW are always on the hunt for talented newbies in this field.

Adding to that, having an MS in Business Analytics from a US university can boost your paycheck potential thanks to the high demand for these skills. You can have a look at some of the top companies hiring Business Analysts and the impressive salaries they offer:

Name Of The CompanyAverage Salary Offered
BCG (Boston Consulting Group)$87,000 – $196,000
McKinsey & Company$56,000 – $200,000
IBM$73,000 – $99,000
Amazon$87,000 – $118,000
Google$111,000 – $279,000
Apple$55,696 – $140,466

Masters In Business Analytics In The US V/S Masters In Business Analytics In Canada

MS in business analytics degrees are offered a myriad of options worldwide. This section delves into these programmes available in the USA and Canada. It sheds light on their resemblances and distinctions to assist students in making well-informed decisions.

ParametersMasters in Business Analytics in USMasters in Business Analytics in Canada
IntakesSummer, Spring & FallFall and Winter
Course Duration1 year1-2 years
Percentage Required83% – 89%83-86%
GMAT/GRE ScoresDepends on the universityDepends on the university
English ProficiencyTOEFL: 79 – 105IELTS: 7.0 | TOEFL: 100+
Annual Tuition Fee$39,000 to $90,586CA $20,000 – CA $50,000
Top EmployersAmerican Express | Capital One | AIG | Boeing | Morgan StanleyDeloitte, Amazon, Accenture KPMG, PWC CIBC, Air Canada, PWC, Oliver Wyman
Average SalaryStarting from $75,000Starting CA $80,000

Masters In Business Analytics In The US V/S Masters In Business Analytics In The UK

While both the UK and US offer world-class education and opportunities in this field, there are distinct differences to consider. From course structures and costs to post-study work opportunities, weighing the pros and cons of each country becomes essential for international students aspiring to excel in the dynamic tech industry.

ParametersMasters in Business Analytics in USMasters in Business Analytics in UK
IntakesSummer, Spring & FallFall and Winter
Course Duration1 year1-2 years
Percentage Required83% – 89%60%
GMAT/GRE ScoresDepends on the university90 percentile in GMAT & GRE
English ProficiencyTOEFL: 79 – 105IELTS: 7.0
Annual Tuition Fee$39,000 to $90,586£21,900 – £37,300
Top EmployersAmerican Express | Capital One | AIG | Boeing | Morgan StanleyBarclays, Amazon, Deloitte, Citi, Accenture, HSBC, Cognizant, Deutsche Bank
Average SalaryStarting from $75,000Starting from £44,000

Cost Of Living

The cost of living in the USA can be quite high, especially in major cities and metropolitan areas. However, with careful budgeting and by exploring MS in business analytics in USA with low fees, international students can manage their expenses. On an average, monthly expenses can be between $1,150 – $1,300 for international students. Ultimately, the cost of living can vary significantly based on factors like location, lifestyle, and individual spending habits.

ParticularsCost (Monthly)
Off-Campus Accommodation $1,150
On-Campus Accommodation$1,300
Transportation$70
Food Cost$600
Entertainment$50
Groceries$52
Clothes$111
Total Cost of Living with Off-Campus Accommodation $2,033
Total Cost of Living with On-Campus Accommodation $2,183
Annual Cost of Living$24,396

Why Study Masters In Business Analytics In USA?

A Masters in Business Analytics in USA is considered a top choice today among thousands wanting to study abroad. After graduating with this degree in the USA, students can earn high salaries at major companies like Wells Fargo, Citi, Capital One and many others. Here are some key points about the projected growth of the business analytics industry in the USA:

  • The USA is home to some of the world’s leading universities for Master’s in Business Analytics programmes. Top schools like MIT, UCLA, UT Austin and numerous others offer business analytics courses focused on solving modern problems.
  • The business analytics market in the USA is expected to grow from $67.92 billion in 2020 to $103.65 billion in 2026, at a compound annual growth rate (CAGR) of 7.3% over the forecast period. This growing market indicates an increase in employment opportunities in business analytics across the country.
  • After earning a master’s in the USA, graduates can secure an average salary of $75,000 per year.

The booming business analytics field and world-class education options make the United States an exceptional choice to advance your analytics career. Continue reading to learn more about how a Master’s in Business Analytics from the USA can propel your professional growth. 

FAQs

Is USA good for Business Analytics?

The United States is widely considered an excellent location for business analytics due to its thriving technology hubs, prestigious academic programs, and high demand for analytical talent from major corporations. However, costs of living and education can be higher compared to some other countries.

How much does it cost to do a masters in business analytics in USA?

Students will have to pitch in between $39,000 – $90,586 as fees to study business analytics in the USA.

What is the scope of Business Analytics in USA?

Those holding a masters in business analytics have numerous potential career paths open to them, such as business analyst, data analyst, business consultant, business manager, product manager, and data manager roles. Professions in the business analytics field tend to command competitive salary levels.

Who is eligible for an MS in Business Analytics?

Students typically need a bachelor’s degree, preferably in a quantitative field like mathematics, computer science, engineering, economics, or statistics. Some programs may also require work experience, GMAT/GRE scores and fulfillment of specific prerequisite coursework.

What are the top universities in the USA for pursuing a master’s in business analytics?

Some of the top universities in the USA for a master’s in business analytics include MIT, Northwestern, UC Berkeley, NYU, Carnegie Mellon and the University of Texas at Austin. 

What is the typical duration of a master’s programme in business analytics from the USA?

1-2 years of full-time study will be required.

1 thought on “Top PGDM Courses In Canada: Universities, Specialisations & Eligibility”

  1. I have done Bachelor’s in Culinary Arts from India and completed my graduation in the year 2022 .I am 22 years old. After graduation, I have done 1 year paid internship from USA .Now, I would like to take occupational experience and learn culinary skills and also do masters in Culinary arts.How can I find the college n best course / country where I can persue studying further

Leave a Comment

Your email address will not be published. Required fields are marked *

Top Study Abroad Destinations

Recent Posts

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top

Share this blog

masters in business analytics in usa

Masters In Business Analytics In USA: Top Universities, Fees, Salaries In 2024!

🚀 Over 30K students have realized their study abroad dreams with our expert counselling!