Big data as an industry is rapidly expanding, with about 2.3 trillion gigabytes of data generated every day. Every couple of years, the data galaxy doubles in size. As a result, the ability to make sense of all this data and utilize it to transform the way we live and interact will unavoidably become a critical element of the business.
While Business Intelligence (BI) focuses on analyzing previous performance, Business Analytics (BA) systems are more concerned with prescriptive and predictive strategies (e.g., “what should we do?” and “what occurs next? “). Data science and data/business analytics are closely connected and overlap.
Data modeling and programming are the primary focus of MS Data Science programs. MS Analytics degrees, on the other hand, are typically focused on data mining in order to reach specific corporate objectives (e.g. more profits).
Master’s in Business Analytics in the USA
In the United States, a Master’s in Business Analytics is available in a variety of degrees. Students can pursue a management-based MBA or a science-based MS or M. Tech. degree. The program normally lasts 1-2 years. Graduate programs offer a diverse range of unique specializations. Some courses may require students to get practical work experience prior to receiving their degree.
The United States is home to some of the world’s top ten business analytics colleges. To pursue a successful career in the field, students must possess strong management, operational, and strategic decision-making abilities. The following are some of the specializations available for a Masters in Business Analytics in the United States:
- Data Analytics
- Database Management
- Machine Learning
- Data and Network Security
- Applied statistics
Top Universities for MS Business Analytics in USA
It’s difficult (and sometimes unfair) to rate programs because each one has its own strengths and characteristics. As a result, I’ve divided the best MS Analytics programs in the United States into tiers.
Full-time programs, curriculum, student feedback, and reviews on famous and reliable portals such as Analytics Vidhya, Data Science Central, Masters in Data Science, KDnuggets, MBA Crystal Ball, Predictive Analytics Today, Masters Portal, and others have been given priority.
1. Massachusetts Institute of Technology (Sloan)
The one-year Master of Business Analytics program at MIT is one of the best in the country. Students will be prepared for employment in which they will use and manage modern data science to solve crucial business problems.
Current students or recent college graduates interested in pursuing a career in data science jobs, as well as those seeking career progression or change, particularly engineers, mathematicians, physicists, computer programmers, and other high-tech professionals, will benefit from the curriculum.
2. UCLA (Anderson)
The 15-month MS Business Analytics programme at UCLA has been named No. 2 in the world (QS) for the past few of years, despite being a relatively young programme.
The curriculum combines technical and theory-based education with practical immersion through a summer internship and a corporate-sponsored Capstone: Applied Analytics Project, which is taught by world-renowned faculty (AAP).
3. The University of Texas at Austin (McCombs)
UT Austin’s MS Business Analytics programme focuses on statistics, programming, and predictive analysis in the context of business. It’s a fantastic programme for people with a background in math, computer science, or engineering. Students will learn how to harness massive amounts of data and apply it to improve their businesses during the 10-month programme.
Walmart and Deloitte are two examples of industry partners. It’s a fantastic programme that gives students with tremendous possibilities and support in the field of big data and data analytics.
4. University of Southern California (Marshall)
The USC Marshall Master of Business Analytics programme is one of the most competitive and oldest in the country. In the early round of the MS Business Analytics (MSBA) programme at the USC Marshall School of Business in 2014, 300 applications were submitted. In the cohort, only 18 people were accepted.
It’s a full-time program that lasts 18 months. Students will receive in-depth instruction in statistical modelling, data management, visualisation, information security, optimization, and decision-making under uncertainty in order to analyse large data.
5. University of Washington (Foster)
Technical abilities, analytic frameworks for analysing data, and business acumen for converting insights into actions are all part of the 12-month MSBA curriculum at Washington.
This is an integrated, comprehensive business intelligence curriculum that covers everything from operations and finance to programming and modelling to machine learning and artificial intelligence.
6. North Carolina State University (Institute of Advanced Analytics)
North Carolina State University is regarded as one of the best data science schools in the country. It also provides a master’s degree in analytics. It is, in reality, the first and most prestigious analytics degree in the United States. For data science talent, NCSU’s MSA programme ranks alongside MIT, Carnegie Mellon, UC Berkeley, and Harvard in terms of placements, acceptance rate, curriculum, and value for money.
Following the completion of your MS in data analytics in the United States, you will be able to work in a variety of fields. IT, mathematics, finance, and services are only a few examples. Graduates with a data analytics degree can expect to earn a comfortable living. You can get a sense of some of the career roles available by reading Data Science Interview Questions and Answers.