<a href="https://www.onlinemasterscolleges.com/masters-in-business-analytics-online/">Business Analytics Online</a>

College Name & Address	Tuition	Graduation Rate
#1 Massachusetts Institute of Technology 77 Massachusetts Avenue, Cambridge, Massachusetts 02139	$53,450	95%
#2 Clemson University 201 Sikes Hall, Clemson, South Carolina 29634	$10,600	84%
#3 Carnegie Mellon university 5000 Forbes Avenue, Pittsburgh, Pennsylvania 15213	$46,441	90%
#4 Purdue University Hovde Hall of Administration, West Lafayette, Indiana 47907	$9,208	82%
#5 University of Dayton 300 College Park, Dayton, Ohio 45469	$17,730	82%
#6 New york University 70 Washington Sq South, New York, New York 10012	$34,704	85%
#7 Pepperdine University 24255 Pacific Coast Hwy, Malibu, California 90263	$36,200	86%
#8 Syracuse University 900 South Crouse Ave., Syracuse, New York 13244	$40,392	83%
#9 Indiana University 107 South Indiana Ave., Bloomington, Indiana 47405	$9,786	79%
#10 University of North Carolina 601 South College Road, Wilmington, North Carolina 28403	$4,719	72%
#11 Maryville University 650 Maryville University Drive, Saint Louis, Missouri 63141	$14,346	71%
#12 American University 4400 Massachusetts Ave NW, Washington, District of Columbia 20016	$34,533	79%
#13 Iowa State University 1750 Beardshear Hall, Ames, Iowa 50011	$9,758	74%
#14 Lewis University One University Parkway, Romeoville, Illinois 60446	$14,580	67%
#15 University of Nebraska 1400 R Street, Lincoln, Nebraska 68588	$6,138	66%
#16 Rutgers University 249 University Avenue, Blumenthal Hall, Newark, New Jersey 07102	$17,736	69%
#17 Ohio University 020 Chubb Hall, Athens, Ohio 45701	$9,444	65%
#18 Golden Gate University 536 Mission Street, San Francisco, California 94105	$19,620	NA
#19 Arizona State University University Drive and Mill Avenue, Tempe, Arizona 85287	$11,720	63%
#20 University of Nevada North Virginia Street, Reno, Nevada 89557	$5,657	61%

Source – Integrated Post Secondary Education Data System & University Data
*Tuition rates are for in-state and per year. Program specific rates may apply.
**NA – data not available

<a href="https://www.onlinemasterscolleges.com/masters-in-business-analytics-online/">Business Analytics Online</a>

College Name & Address	Tuition	Graduation Rate
#1 University of North Carolina 601 South College Road, Wilmington, North Carolina 28403	$4,719	72%
#2 University of Nevada North Virginia Street, Reno, Nevada 89557	$5,657	61%
#3 University of Nebraska 1400 R Street, Lincoln, Nebraska 68588	$6,138	66%
#4 Cedarville University 251 N. Main Street, Cedarville, Ohio 45314	$9,065	75%
#5 Purdue University Hovde Hall of Administration, West Lafayette, Indiana 47907	$9,208	82%
#6 Ohio University 020 Chubb Hall, Athens, Ohio 45701	$9,444	65%
#7 Iowa State University 1750 Beardshear Hall, Ames, Iowa 50011	$9,758	74%
#8 Indiana University 107 South Indiana Ave., Bloomington, Indiana 47405	$9,786	79%
#9 Saint Mary’s University of Minnesota 700 Terrace Heights, Winona, Minnesota 55987	$10,260	64%
#10 Grand Canyon University 3300 W Camelback Rd, Phoenix, Arizona 85017	$10,528	41%
#11 Clemson University 201 Sikes Hall, Clemson, South Carolina 29634	$10,600	84%
#12 University of North Dakota 264 Centennial Drive, Stop 8193, Grand Forks, North Dakota 58202	$11,060	61%
#13 Arizona State University University Drive and Mill Avenue, Tempe, Arizona 85287	$11,720	63%
#14 Kent State University Executive Office, 2nd Floor Library, Kent, Ohio 44242	$11,766	62%
#15 University of Colorado Regent Drive at Broadway, Boulder, Colorado 80309	$11,826	69%
#16 University of Maryland College Park, Maryland 20742	$13,158	87%
#17 Maryville University 650 Maryville University Drive, Saint Louis, Missouri 63141	$14,346	71%
#18 Lewis University One University Parkway, Romeoville, Illinois 60446	$14,580	67%
#19 Mercer University 1501 Mercer University Drive, Macon, Georgia 31207	$14,964	66%
#20 University of Dayton 300 College Park, Dayton, Ohio 45469	$17,730	82%

Source – Integrated Post Secondary Education Data System & University Data
*Tuition rates are for in-state and per year. Program specific rates may apply.
**NA – data not available

The fundamental purpose of a Master’s in Business Analytics online program is to use analysis and reporting to help formulate current and future business strategies, set targets and goals, create value for shareholders and stakeholders, and also maximize profits while increasing revenue. To do all of this, it is essential for business leaders to understand what factors drive growth and financial performance, how to align and adjust products and services, and how to capitalize on every available opportunity to expand the company’s footprint in the business world.

Business Analytics fundamentally includes quantitative and analytical skills to look into Data – past, present, and projected, employ complex formulae for analysis and interpretation of such data, and use what is known as ‘Data Science’ to identify emerging trends, create value and provide direction for decision making.

Masters in Business Analytics Degree Types

In broad terms, there are two main Business Analytics Degrees – one being a Master’s of Science or MS in Business Analytics and the other being a Master’s in Business Administration or MBA with a concentration in Business Analytics. Both Degrees offer an in-depth study of Business Analytics and Data Science and present excellent career prospects in the corporate world.

Specializations in Business Analytics Programs

Since Business Analytics and Data Science are by themselves a specialized subject, broken down from the larger dimension of Business Studies, there are only a few further specializations available for a deeper insight into a granular topic. Some such specialization programs that complement a Master’s in Business Analytics online program are:

• Customer Analytics Program
• Operation Analytics
• People Analytics
• Accounting Analytics
• Business Analytics
• Business Intelligence
• Data Analytics Programs
• Data Science and Business Analytics
• Big Data Analytics

Curriculum and Skills Gained in Masters in Business Analytics Online Programs

A typical Master’s in Business Analytics course curriculum offers a wide range of interesting and targeted subjects. Depending on the College and the Program, about 8 core courses are mandatory, along with anywhere from 3 to 6 electives. Typically, an MS in Business Analytics syllabus contains:

• Analytics Edge
• From Analytics to Action
• Machine Learning
• Digital Economy
• Communicating with Data
• Theory of Finance
• Econometrics
• Macroeconomics
• Valuation and Value-Based Management
• Corporate Finance
• Financial Markets and Financial Instruments
• Optimization Methods
• Analytics Software Tools in R
• Python
• SQL
• Quantitative & Qualitative Decision-Making

The list of electives is rather exhaustive, but include modules such as:

• Analytics of Finance
• Consumer Behavior
• Supply Chain Planning
• Investment Management
• Enterprise Transformations in the Digital Economy
• Innovation Strategy
• Network Science and Models
• Applied Machine Learning
• Algorithmic Trading and Quantitative Investment Strategies
• Risk Management or Enterprise Risk Analytics
• Sustainable Finance
• Forensic Finance (Fraud Investigation)
• Business Ethics
• Auditing and Assurance
• Taxation and Tax Planning
• Performance Management
• Crypto Finance
• Artificial Intelligence
• Web Analytics for Business
• Data Mining for Business Analytics

Note: Core Subjects and Electives vary by College and Program. It is always advisable to read the Program Prospectus to see specific subjects/courses on offer.

Upon graduating from a Master’s in Business Analytics Program, students would have developed industry-sought skills such as:

• Problem Solving
• Decision Making
• Analytical – Predictive, Prescriptive, and Cognitive
• Interpersonal and Communication
• Data Management & Collection
• Data Interpretation
• Time Management
• Critical Thinking
• Collaboration

Accreditation for Masters in Business Analytics Online Programs

Although accreditation is as important as the Degree itself, most students tend to overlook who the Program is endorsed by. Accreditation adds credence to the Degree Certificate and is a sure means of landing plum jobs in reputed companies.

Typically, Master’s Programs offered by Universities are accredited by some accrediting body or the other, but one should ensure that such is the case. AACSB International (The Association to Advance Collegiate Schools of Business is one such body that awards recognition to Master’s in Business Analytics Online Programs.

Know and understand why accreditation is very important when applying for a Master’s in Business Analytics Online Program.

Timeline for graduation from Masters in Business Analytics Online Programs

Generally, Master’s in Business Analytics online Programs take anywhere from 1 year to about 3 years to complete, depending on whether they are part-time or full-time. However, most Online Programs last an average of 12-15 months. Students can choose from 4 intakes: Fall, Winter, Spring, and Summer, but most Colleges make do with 2 to choose from – Fall & Spring.

Masters in Business Analytics Online Programs Admission Requirements

The Master’s in Business Analytics requirements, when it comes to admission, are quite the same as what is required for any other Master’s Degree. Apart from a completed application form, MS in Business Analytics prerequisites include academic transcripts, letter(s) of recommendation, standardized test scores (GMAT or GRE), a professional resumé, and a personal statement or statement of purpose. It is not uncommon for Colleges to ask for a GMAT score of 570 or above or a combined GRE score of 310 or above. Of course, there is the customary Application Fee that needs to accompany an application to a Master’s in Business Analytics online program.

Get a deeper insight into GMAT and GRE to see how they influence the admission process.

For students who are averse to taking up a standardized test, a Master’s in Business Analytics No GRE program is a compelling proposition. Some Universities do provide an option for a waiver of a GMAT or GRE score. These are highly dependent on individual Universities and/or their Programs, so those looking for such a waiver should always read the University Prospectus or Program Guidelines for details or make a request to the College for a waiver.

There are a plethora of Colleges, Educational Institutions, Private Tutors, and Educational Websites that offer online courses, but none of which are considered accredited Business Analytics courses. However, there are certain trade-offs that one must consider if one opts for such a course. A key downside to free Business Analytics courses is the certification of the program that is usually not very well accepted or recognized by the job market. Secondly, free courses typically do not have a structured curriculum or well-formatted instruction. Although most of these courses do not award a ‘Master’s Degree’ or equivalent, they are excellent for those who want to specialize in a particular topic of Business Analytics and take up Certificate Programs to add value to their pursuant degree. Here are a few options to choose from:

1. Coursera
   Coursera offers a wide range of Business Analytics and related programs, offered by industry stalwarts such as IMB and Google, and also famous Universities such as the University of Colorado Boulder and the University of Illinois. Most programs are paid, but there are a few that are free.
2. Class Central
   Class Central is another excellent go-to place for Business Analytics Courses, some offered directly and some through Coursera, FutureLearn, and edX.
3. Udemy
   Udemy is a popular destination for free courses, a few of which can be of immense value to students of Business Analytics.
4. SkillShare
   SkillShare is a widely acclaimed site that has courses in Business Analytics at varied levels. Many of these courses are short, covering specific topics within the subject.

Students who have completed a Master’s in Business Analytics are usually recruited without much deliberation or delay. According to a report by PricewaterhouseCoopers (PwC), some 2.7 million new data science and analytic jobs are supposed to have been created by 2020. The demand for Business Analytics graduates seems to be increasing due to a shortage of people who combine expertise in their industry with the ability to understand, analyze, use and leverage big data to solve today’s business’ complex problems and assist in data-backed strategic decision making.

Some of the many career choices tied to a Master’s in Business Analytics online program are high-paying with enviable professional growth. A quick list of jobs available in the market includes:

• Data Analyst
• Data Science Consultant
• Machine Learning Engineer
• Product Analyst
• Data Scientist
• Research Scientist
• Financial Analyst
• Supply Chain Analyst
• Operations Analyst
• Business Intelligence Analyst
• Management Analyst

As far as pay and salary outlook is concerned, a Master’s in Business Analytics salary is enviable, with substantial pay-packets along with the promise of an optimistic rise each year. A Management Analyst’s median salary was $85,260 in 2019, with a high of $1,13,770. Similarly, a Data Scientist’s median salary in 2023 is $96,494 and substantially higher for those with more experience.

In most cases, the degree certificate awarded on completing a Master’s in Business Analytics is more than adequate to qualify for jobs in most industries. There are no special licensing requirements as such, but some in the medical or scientific fields may require a specialized certification by way of undertaking a short course and exam. Some sensitive government jobs may require a candidate to undergo additional training and certification, specific to the job profile.

Certification always adds value to a Business Analytics Degree by opening up even more career paths and ensuring better job prospects.

In addition to a Master’s in Business Analytics online program, students can be certified by third-party organizations for furthering their knowledge in one or more aspects of Business and Data Analytics. For example, IIBA (International Institute of Business Analysis) offers the “IIBA Certified Business Analysis Professional” certification, IQBBA (International Qualifications Board for Business Analysts) offers “IQBBA Certified Foundation Level Business Analyst” certification and PMI (Project Management Institute) offers “PMI Professional in Business Analysis” certification.

In a fast-paced and well-connected world, it is important for students and working professionals of a Master’s in Business Analytics online program to keep up to date with the latest in their field and also stay connected with important people in the industry. With businesses no longer restricted by geographical and physical boundaries, tapping into all resources available at one’s disposal to enhance knowledge and gain better perspectives is crucial for one’s education and career.

Here are a few resources on the internet that every Business Analytics professional should explore:

1. Fubon Center for Technology, Business and Innovation
   Fubon Center for Technology, Business and Innovation supports, facilitates, and enhances cross-disciplinary collaboration among its existing areas of excellence such as Fintech, Data Analytics and AI, and Tech Innovation.
2. Arcadia Data
   Arcadia Data offers products and solutions for business analytics but has a huge collection of videos, webcasts, and analyst reports on an array of data science-related topics.
3. Domo
   Domo is in the business of Data Integration, Business Intelligence and Analytics, and Intelligent Apps. Along with its commercial products and solutions, Domo has a vast resource library with articles, reports, guides, webinars, videos, and more, that can enhance the knowledge and skill set of any Business Analyst – student or professional.
4. BA Times
   BA Times is a huge repository of resources for Business Analysts. It hosts articles, white papers, conferences, and webinars and also offers useful templates and newsletters to stay up to date.
5. Modern Analyst
   Modern Analyst is a portal for businesses as well as business analysts. It offers training programs, directory listings, articles, etc., along with a wide network of fellow analysts.
6. IIBA
   International Institute of Business Analysis is worth its weight in gold when it comes to in-depth resources for Business Analysis. From certifications to events and career resources, IIBA is a one-stop destination for Analytics enthusiasts.