Last Updated on December 13, 2024
The MS in Business Analytics in USA is a graduate program lasting 8 to 12 months, open to both domestic and international students. To gain admission, applicants must possess an undergraduate degree with a GPA ranging from 3.0 to 3.6 on a 4.0 scale (equivalent to 83-89%). While many prestigious universities require GMAT or GRE scores for the MS in Business Analytics in USA, some institutions, such as USC Marshall, Texas A&M University, and Wisconsin School of Business, may waive the GRE requirement. Generally, a GRE score of approximately 167 in both verbal and quantitative sections is preferred for entry into the program.
The average tuition for an MS in Business Analytics in USA is around USD 67,000 (approximately INR 54.72 lakhs). This degree offers a strong return on investment, with graduates earning an average salary of USD 75,000 (about INR 61.30 lakhs) annually. With access to top-ranked universities, a thriving job market, and proximity to major tech companies like Amazon and Apple, the USA presents unmatched opportunities for students. Notable employers of Business Analysts in the USA include American Express, Capital One, AIG, and Boeing.
What Is Ms In Business Analytics? Â
Master of Science in Business Analytics or MS in Business Analytics in USA is a master’s course mainly preferred by technophiles or technology lovers. It helps to apply modern data science and machine learning capabilities at work to solve real-world business problems. It is a course for students who have recently graduated and have a strong desire to accelerate their career in the business analytics field. Masters of Business Analytics mainly revolves around big data, artificial intelligence, and data analytics.
Even though the term includes business in it, the course mostly revolves around data science and technology. Hence, it allows you to understand problem solving in the real world. Business analytics uses data analysis tools and statistics to make more informed business decisions. They keep track of the trends and growth patterns and build an effective strategy to grow the business.
MS in Business Analytics in USA: Key Highlights
| Program | MS in Business Analytics in USA |
| Program Type | Full time |
| Program Duration | 1 year |
| Eligibility Criteria | 4-year bachelor’s degree or 3-year equivalent |
| GPA | 3.0 to 3.6 on a 4.0 scale (83-89%) |
| English Proficiency Requirements | Minimum TOEFL iBT: 79 to 105Â |
| Annual Tuition Fee Range | 39,000 to 90,586 USD (INR 31.87 to 74.03 lakhs) |
| Average Annual Salary | 75,000 USD (INR 61.30 lakhs) |
| Top Employers | American Express | Capital One | AIG | Boeing | Morgan Stanley |
MS in Business Analytics in USA: Top Universities
| QS World University Ranking (2024) | University | Total Tuition Fees (USD) | Fees (INR) |
| #1 | Massachusetts Institute of Technology | 87,600 | 72.6 Lakhs |
| #29 | University of California, Los Angeles | 68,710 | 56.94 Lakhs |
| #58 | University of Texas at Austin | 53,000 | 43.92 Lakhs |
| #62 | University of California, San Diego | 67,950 | 56.31 Lakhs |
| #99 | Purdue University | 56,700 | 46.99 Lakhs |
| #136 | Michigan State University | 39,000 | 32.32 Lakhs |
| #=304 | University of Notre Dame | 60,734 | 50.33 Lakhs |
| #179 | Arizona State University | 61,058 | 50.60 Lakhs |
| #=118 | University of California, Davis | 60,104 | 49.81 Lakhs |
Why Study MS in Business Analytics in USA
1. Access to Top-Ranked Universities
The USA is home to 43 of the top 100 globally ranked universities offering MS in Business Analytics programs. For instance, MIT ranks number 1 on the QS rankings from a university and subject point of view. These top-tier institutions provide a comprehensive curriculum that combines rigorous technical training with business acumen, preparing students for success in the field.
2. Promising Career Prospects
The U.S. Bureau of Labor Statistics (BLS) revealed that between 2020 and 2030, the employment of business analysts in the USA is expected to grow by 14%, which is rapid compared to other occupations. With an average salary of USD 75,000 (INR 61.30 lakhs) per year, MS in Business Analytics in USA assures a good return on investment.
3. Vibrant Business Ecosystem
The USA is a hub for technology-driven solutions, with leading tech giants like Amazon, Apple, and Google having their headquarters here. Studying in the USA provides opportunities to work with industry-leading brands and prepares students to meet current market demands. The country’s robust job market and proximity to these companies offer unparalleled opportunities for students.
4. Advanced Technologies
American universities are renowned for providing access to advanced resources and technologies. Students benefit from collaborations with industry partners, hands-on projects, and a supportive learning environment emphasizing experiential learning. This exposure to the latest tools and techniques equips students with the skills needed to tackle real-world challenges in the industry, especially those pursuing an MS in Business Analytics in USA.
5. Diverse Learning Opportunities
MS in Business Analytics in USA offers a wide range of electives, allowing students to specialize in Finance, Operations, Supply Chain, International Business, Digital Marketing, and Advertising. The diverse course offerings, combined with workshops, industry leader discussions, and learning from experienced tutors, provide a well-rounded education that prepares students for success in the field.
Ms In Business Analytics in USA – Stem DegreeÂ
International students desiring to pursue STEM-designated master’s degrees can apply for a 24-month STEM extension to their 12-month Optional Practice Training (OPT) period, which lets them stay in the US on a student visa after graduating.
With the growing era of AI where every job is becoming technological, having a STEM degree in business analytics allows you to have specialized knowledge and achieve one of the highest-paid jobs such as Data Scientist, Analytics Associate, Data Science Consultant, Operations Analyst, Product Analyst, Business Consultant, Quantitative Analyst, etc. in the top most companies such as Amazon, Apple, Facebook, Google, Walmart, etc.
MS in business analytics is a highly skill-oriented course. Therefore, it has the highest chances of employment in the business world. USA institutions focus on specialization hence, the students have a high degree employment guarantee as well.
Ms In Business Analytics In Usa Requirements:Â
Students pursuing an MS in Business Analytics in USA usually require the following documentation:
- Educational records. [a properly maintained folder including all the necessary educational documents such as marksheets, certificates, achievements, graduation certificates, etc.]
- Application form for the university.Â
- Passport-size photographs.Â
- A well-written statement of purpose {SOP} is a document containing the applicant’s academic and professional goals and the specific reason for pursuing the program.Â
- Required scorecard for entrance examinations such as GMAT, IELTS, GRE, SAT, etc.Â
- Identification proofs such as a passport or any other required by the university.Â
- Every university requires a specific amount of fee during the application itself. The fee slip or receipt from the payment has to be attached mandatorily.Â
- English proficiency test score.Â
- Letter of recommendation from past employers or graduation faculty.Â
- An updated CV or resume is extremely important. It should contain all the necessary information regarding past work experiences, achievements, skills, etc. Â
| University | GPA Requirement | Additional Documents |
| Massachusetts Institute of Technology | 3.8 or above on a 4.0 scale (92-93%) | Full-time 2-3 years paid work experience | 3 LORs | 1-page resume |
| University of California, Los Angeles | 3.0/4.0 (83-86%) | Experience or coursework in Computer Programming |
| University of Texas at Austin | 3.66 out of 4.0 (90-92%) | 2 LORs | Personal essay | Resume | 1 minute video essay |
| University of California, San Diego | 3.0/4.0 | 2 LORs | Resume or CV | SOP (500 words) |
| Purdue University | 3.0/4.0 GPA (83-86%) | 2 LORs | Resume | SOP | Essays |
| Michigan State University | 3.5/4.0 cumulative GPA (89-90%) | Work experience optional | Knowledge of programming languages- C, C++, Python, Java, and HTML |
| University of Notre Dame | 3.45/4.0 (88-89%) | Not mandatory |
| Arizona State University | 3.0 on a 4.0 scale (83-86%) | 1 LOR | Current resume |
| University of California, Davis | 3.5/4.0 (89-90%) | Average 2 years of work experience |
MS in Business Analytics in USA Exam Score Requirements
| University | TOEFL Score Requirement | GMAT/GRE score Requirement |
| Massachusetts Institute of Technology | Minimum: 90Recommended: 100 | GRE Quant Range: 165-170GRE Verbal Range: 154-167 |
| University of California, Los Angeles | 87 | GMAT Score: 710GRE Score: 167 in quants |
| 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 (22 in writing and 17 in all other sections) | GMAT score: 640-750 |
| Arizona State University | 80 | Not Required |
| University of California, Davis | 80 | Average GRE quant score: 167 |
Cost of MS in Business Analytics in USA
While looking to study MS in Business Analytics in USA, students must account for the cost of study in USA as well.Â
| University | Total Tuition Fees (USD) |
| Massachusetts Institute of Technology | 86,300 |
| University of California, Los Angeles | 68,710 |
| University of Texas at Austin | 53,000 |
| University of California, San Diego | 90,586 |
| Purdue University | 56,700 |
| Michigan State University | 39,000 |
| University of Notre Dame | 57,300 |
| Arizona State University | 82,032 |
| University of California, Davis | 86,748 |
Syllabus for MS in Business Analytics in USA
The syllabus for MS in Business Analytics in USA is majorly targeted to transmit the basic and specialized knowledge about business analytics, business management, and critical thinking to make business decisions. Students are provided with business, economics, and data management knowledge through subjects like organizational behaviour, data management, data visualization, financial management, etc. Business Analytics by definition, is data analysis to find out patterns or insights of business.
Students have the alternative of opting for a program with 33 units in just two or three semesters i.e.,10 or 16 months. A foundational business communication [FBC] course is advisable for those completing the degree in 16 months. A summer internship is also possible during the 16-month program. Business analytics not only helps students master their data analytic skills but also introduces them to the actual business world. It provides relevant data management skills that allow me to succeed in any role.
Business analytics majorly focuses on 3 main areas:
- Data managementÂ
- Statistics
- AnalyticsÂ
These major skills are further used to apply in the business and accelerate their performances in various related sectors such as finance, marketing, information systems, electives in accounting, etc.
foundational business analytics courses include the following subjects:
- Technical Foundations in AnalyticsÂ
- Statistical Foundations of AnalyticsÂ
- EconometricsÂ
- Data Mining for Business IntelligenceÂ
- Business ConsultingÂ
- Analytics for Competitive Advantage
- Financial Accounting
- Introduction to Statistics for Data Scientists
- Programming for Data Science
- Marketing Management
- Big Data Analytics
- Building and Managing Teams
- Data Management, Databases, and Data Warehousing
- Exploratory Data Analytics and Visualization
- Predictive Analytics
- Data-Driven Experimentation and Measurement
- Advanced Issues in Business Analytics
- Modelling and Heuristics for Decision Making and Support
- Experiential Learning
- Project Management of Analytics ProjectsÂ
Ms In Business Analytics In USA Without GRE
Want to study in the US without GRE/GMAT? It is now possible to pursue an MS in Business Analytics in USA without GRE!
The graduate record examination or GRE is a systematized examination that is majorly required for admission in graduate or post-graduate universities around the world.Â
To pursue an MS in business analytics in USA, most of the universities require a decent GRE score although it is not common for every university. Various universities in the USA do not require any GRE score. Although, they do demand other necessities such as LOR, resume or academic scores, prior work experiences, and a high GPA to cover their GRE/GMAT score requirements. Â
The required GRE score for different universities in the USA for MS in business analytics in USA is as follows:
- MIT(Sloan):Â GRE 320+Â
- The University of Texas at Austin:Â GRE 310+
- Arizona State University:Â GRE 310+
- Michigan State University:Â GRE: 280+
- Stanford University:Â GRE 310+
- University of California:Â GRE 310+Â
Scope Of Ms In Business Analytics From USA
Pursuing an MS in Business Analytics in USA is extremely beneficial and has a growing scope in the future. It is gaining a lot of popularity among postgraduate courses and is widely pursued as well. Business analytics usually has the following job profiles:
- Machine Learning Engineer
- Data Scientist
- Data Architect
- Data Analyst
- Chief Technology OfficerÂ
- Chief Data Officer
- Application Architect
- Project Manager
- Market Research Analyst
- Big Data Analyst
| Profession | Average Salary (USD) | Average Salary (INR) |
| Data Analyst | 70,000 | 57.21 lakhs |
| Data Scientist | 91,000 | 74.38 lakhs |
| Analytics Consultant | 80,000 | 65.38 lakhs |
| Senior Business Analyst | 93,000 | 76.01 lakhs |
| Business Intelligence Analyst | 69,000 | 56.39 lakhs |
| Business Analyst | 66,720 | 54.53 lakhs |
ould never be questioned. A business analyst owns some of the highest-paid jobs in the world.
MS in business analytics in USA salary on average is 75,000 USD which is quite high as compared to other programs in the USA. Successful employment prospects are available for course graduates in industries like market research, supply chain management, project management, and consulting
It provides jobs in some of the top-notch companies that are globally acknowledged such as Google, Facebook, Microsoft, Uber, etc. Therefore one should not doubt about making a career in the same field.
FAQs
Can MS in business analytics be pursued without GRE?
Yes, a few universities in USA do not require any GRE score. But other requirements such as past job experiences and English proficiency test scores might be demanded.Â
Is prior work experience required to do an MS in business analytics in USA?
Some universities require work experience in a similar field to pursue an MS in business analytics, but it is not demanded by all. Many universities have a holistic admission criteria.
Does the USA provide employment opportunities to international students pursuing an MS in business analytics?
Yes, many USA-based companies employ international students. Many top companies like Apple, Google, Amazon, etc., seek for excellent business analysts with an MS in Business Analytics in USA.
What is the average salary after doing an MS in business analytics in USA?
The average salary lies between $70,000 to $120,000 per year.
Does the USA provide scholarships for MS in business analytics?
Yes, many universities provide scholarships for international students which usually cover the tuition fee, living expenses and other expenses. A separate exam by each university is required to apply for scholarships. Â
Tanishka Goel is a content writer who is extremely passionate about academics and desires to help students around the world make the perfect choice for their careers and has obtained substantial expertise in the realm of content writing by working in various organizations.
