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
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.
| University | Ranking | Fees (USD) |
| Massachusetts Institute of Technology (MIT) | 1 | $86,300 |
| University of California, Los Angeles (UCLA) | 2 | $68,710 |
| Purdue University | 18 | $50,400 |
| University of Southern California (USC) | 9 | $72,501 |
| Texas A & M University | 25 | $1,016 – $1,191 per semester |
| University of California, San Diego | 201-250 | $90,586 |
| Michigan State University | 63 | $39,000 |
| University of Notre Dame | 251-300 | $90,586 |
| Arizona State University | 97 | $59,180 |
| University of California, Davis | 301-350 | $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:
| University | Academic Requirement | Additional Documents |
| Massachusetts Institute of Technology | 4 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 Angeles | UG degree with minimum 3.0/4.0 GPA (83-86%) | Experience or coursework in Computer Programming |
| University of Texas at Austin | UG 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 Diego | Undergraduate degree or diploma | Work experience not mandatory 2 LORs Resume or CV Quantitative experience SOP (500 words) |
| Purdue University | UG degree with minimum 3.0/4.0 GPA (83-86%) | 2 LORs Resume SOP |
| Michigan State University | 4 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 Dame | Average GPA: 3.45/4.0 (88-89%) | Not mandatory |
| Arizona State University | GPA 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, Davis | Average 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!
| University | TOEFL Score Requirement | GMAT/GRE Score Requirement |
| Massachusetts Institute of Technology | Minimum: 90 | GRE Quant Range: 165-170 |
| University of California, Los Angeles | 87 | GMAT Score: 710 |
| University of Texas at Austin | 79 | Not Required |
| University of California, San Diego | 105 | Not Required |
| Purdue University | 93 | Not Required |
| Michigan State University | 100 | Not Required |
| University of Notre Dame | 84 overall | GMAT score: 640-750 |
| Arizona State University | 80 | Not Required |
| University of California, Davis | 80 | Average 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:
| Scholarship | Eligibility | Award Value |
| Fulbright Nehru Masters Scholarships | 4-year bachelor’s degree or a master’s degree, work experience of 3 years | Full tuition fees |
| AAUW International Fellowships | International students with US equivalent bachelor’s degree, already applied to the proposed institution | $20,000 to $50,000 |
| Inlaks Shivdasani Foundation Scholarship | Indian passport holders, Students born after January 1, 1992, Minimum overall grade: 65% | Up to $100,000 |
| Broker Fish International Student Scholarship | 500-1000 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 Profession | Average 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 Company | Average 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 |
| $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.
| Parameters | Masters in Business Analytics in US | Masters in Business Analytics in Canada |
| Intakes | Summer, Spring & Fall | Fall and Winter |
| Course Duration | 1 year | 1-2 years |
| Percentage Required | 83% – 89% | 83-86% |
| GMAT/GRE Scores | Depends on the university | Depends on the university |
| English Proficiency | TOEFL: 79 – 105 | IELTS: 7.0 | TOEFL: 100+ |
| Annual Tuition Fee | $39,000 to $90,586 | CA $20,000 – CA $50,000 |
| Top Employers | American Express | Capital One | AIG | Boeing | Morgan Stanley | Deloitte, Amazon, Accenture KPMG, PWC CIBC, Air Canada, PWC, Oliver Wyman |
| Average Salary | Starting from $75,000 | Starting 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.
| Parameters | Masters in Business Analytics in US | Masters in Business Analytics in UK |
| Intakes | Summer, Spring & Fall | Fall and Winter |
| Course Duration | 1 year | 1-2 years |
| Percentage Required | 83% – 89% | 60% |
| GMAT/GRE Scores | Depends on the university | 90 percentile in GMAT & GRE |
| English Proficiency | TOEFL: 79 – 105 | IELTS: 7.0 |
| Annual Tuition Fee | $39,000 to $90,586 | £21,900 – £37,300 |
| Top Employers | American Express | Capital One | AIG | Boeing | Morgan Stanley | Barclays, Amazon, Deloitte, Citi, Accenture, HSBC, Cognizant, Deutsche Bank |
| Average Salary | Starting from $75,000 | Starting 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.
| Particulars | Cost (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.
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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