Business Analytics Courses in the USA

The US offers high-quality education and is the leading destination for educational purposes. Business Analytics courses in the USA are generally offered through courses by management colleges and are popular among students with at least 51.6% of student inclusion.

Business Analytics solely aims to study past the horizon of businesses and financial records with the help of statistics and data to analyze the present and forecast the future of a business.

Many career options are available post-completion of a degree from a business analytics college in the USA. These include Business Analyst, Quantitative Analyst, Market Research Analyst, and Operations Research Analyst.

Business Analytics courses in the USA: Course Highlight

Due to its immense importance and massive impact on the modern world, business analytics has become a much sought-after discipline. The USA is ranked the number one destination for studying business analytics.

Why study the Business Analytics courses in the USA

The USA boasts of housing some of the most famous and acclaimed universities across the globe that are adorned with a long history of commendable academic performances and high graduate employability rates. Listed below are some of the reasons for choosing the USA for the study of business analytics

• The average salary of a Business Analyst ranges between 47,368- 141,590 USD per year. 
• Per a recent survey, Business Analyst is the 26th most popular job in the USA, with an average salary of 73,022 USD.
• With a Master’s in business analytics from the USA, you can earn a 32% hike on your bachelor’s salary.
• Business Analysts earn an increment of 13% in 15 months against an average of 8% in other professions
• The USA is home to some of the leading universities in the world for Business Analytics programs. Universities like MIT, UCLA, UT Austin, etc.

There are many other reasons to study business analytics in the USA.

Best universities offering Business Analytics courses in the USA:

The  USA is one of the leaders in the world of education, and the USA offers some of the best facilities as well. The world-class facilities and ultra-modern curriculum make the colleges in the USA one of the most coveted ones. Listed below are some of the top universities in the USA.

• Massachusetts Institute of Technology: The Master of Business Analytics Is offered at the Sloan school of management and is a 2-year course. The students are prepared for careers related to the application and management of modern data science. The most important part of the Master of Business Analytics curriculum is the Analytics Capstone Project. With a small class size of 60 and a good teacher-to-student ratio, 100 % of the students graduate to choose selected career pathways. Some famous companies that recruit students are Amazon, Apple, Boston Consulting Group, Facebook, Google, etc.
• University of California, Berkeley: The University of California, Berkeley Master of Analytics degree imbibes the technical skills into the students to make them ready to become creators of innovative and ultra-modern technologies along with skills and techniques to choose their wanted career pathways in the data science industry. The 11 on-campus and offline Master of Analytics program gives knowledge of data analytical methods, optimization, statistics, simulation, and risk management.
• University of Chicago: The University of Chicago Graham School Master of Science in Analytics program is one of the best in the world and offers a globally acknowledged curriculum. The students are prepared for a promising career in the data science industry, and the globally accepted and respected certificate helps them to kick-start their careers.
• Columbia University: The new 1-year MSc in Business Analytics course is spread over three semesters. With a 6:1 student-to-faculty ratio, the graduates find ample career opportunities. The main taught disciplines are,
• Python for Analytics Bootcamp
• Optimization Models and Methods
• Data Analytics
• Marketing Analytics
• Operations Strategy
• Risk Management and many more

The primary study element is the Capstone project. The acceptance rate of Columbia University is 5.8%.

• University of Pennsylvania: Master of Business Administration (MBA) in Business Analytics is a 2 years program and full-time on-campus program. With this ever-emerging field of data science, the exclusivity in skills acquired is very important in the competitive market. Some of the skills are as follows.
  • Collecting, managing, and describing datasets,
  • forming inferences and predictions from data,
  • making optimal and strong decisions.

The taught disciplines are:

• Financial Reporting and Business Analysis
• Financial Statements & Disclosure Analysis
• Applied Data Analysis
• Financial Derivatives
• Investment Management
• Fin-Tech
• Healthcare Data & Analytics
• Big Data, Big Responsibilities: The Law and Ethics of Business Analytics
• People Analytics and many more.

Level of Study :

The business analytics courses in the USA are offered to students at various levels, and the curriculum for each level is more advanced than the previous one. As a result, students who wish to gain a Master’s in business analytics in the USA can choose from various specializations.

1 . Master in Business Analytics courses in USA :

Several colleges offer Master’s in computer science in the USA, and all have the highest ranks and recommendations. The universities offer a two-year Master’s course. The Master’s in business analytics is ranked in the list of the top most popular disciplines and sought-after specializations in the USA.

Eligibility: The general application requirements for international students to pursue a Master’s in Business Management in the USA are listed below,

• Academic Degree: A 4-year undergraduate or 3-year equivalent degree in a relevant stream.
• Minimum GPA: A minimum GPA of 3.0 to 3.66 out of 4.0 (83-92%).
• GRE or GMAT Score: The average GMAT scores of the admitted applicants range between 640 and 750.
• English Proficiency Test Score: The minimum TOEFL score required for MS in Business Analytics in the USA varies between 79 to 105 across different universities. 
• SOP: Most universities in the USA require a detailed SOP, demonstrating the student’s objective for pursuing the program.
• A personal essay within the word limit stated by a specific university might be required for admission.
• Letters of Recommendation: 1-3 LORs from academic and professional supervisors 

Admission process:

There are a few things to remember when applying to a Master’s program in Business Analytics in the USA. First, you need to have a bachelor’s degree to be eligible. Second, you will need to take the GRE or GMAT as part of the application process. Lastly, you must submit transcripts and letters of recommendation as part of your application. 

Cost of Studying:

Different programs will have different tuition rates, and several other factors can affect the total cost of attendance, such as whether you are enrolled full-time or part-time, whether you are an international student, and whether you need to pay for housing and other living expenses. 

2. Bachelor in Business Analytics courses in USA: 

A Bachelor’s in Business Analytics is a degree that prepares students for a career in data analysis and interpretation. The curriculum typically covers statistics, mathematics, and computer science. Students who complete a Bachelor’s in Business Analytics often go on to work in fields such as marketing, finance, and consulting.

Eligibility: To enroll in a Bachelor’s in Business Analytics program in the USA, students must first meet some basic eligibility criteria. Firstly, they must have completed high school or equivalent. Secondly, they must submit standardized test scores. Lastly, they will need to have strong grades in previous coursework related to mathematics and statistics.

Admission process: The admission process for enrolling in a Bachelor’s in Business Analytics in the USA can vary depending on the university. However, most universities have a similar process. The first step is to apply, including your transcripts, test scores, and essays. After reviewing your application, you will be contacted for an interview. Once you have completed the interview, you will receive a decision from the university.

Cost of Studying:

The cost of studying Master’s in business analytics varies from university to university, along with living costs. Normally, it ranges from around $20,000 - $25,000.

3. Ph.D. in Business Analytics courses in USA: 

Ph.D. in Business Analytics and Operations emphasizes research. The research includes methodology development, empirical analysis, and analytical modeling.

• operations research 
• probabilistic modeling
• statistics
• econometrics
• Data mining 
• Revenue Maximization Using Product Bundling
• Business Analytics for Non-profit Marketing and Online Advertising
• Managing Outsourcing Decisions: Government Policy, Firm Options, and the Economic Impact

 Eligibility: To be eligible for admission into a Ph.D. in Business Analytics program in the USA, applicants must have a minimum of a Master’s degree from an accredited institution. Applicants must also have strong analytical and quantitative skills, as well as experience in data analysis and statistical methods. In addition, applicants should be able to demonstrate their ability to communicate effectively both verbally and in writing.

Admission process: The admission process for enrolling in a Ph.D. in Business Analytics in the USA can vary depending on the university you wish to attend. However, there are some general steps that all applicants must take. Firstly, you must have completed a Master’s degree or equivalent from an accredited institution. Secondly, you will need to take and pass the Graduate Record Examination (GRE). Once you have met these requirements, you can then begin to apply to specific programs.

Cost of Studying: $10,000 - 20,000

Scholarships and Financial Aid for Business Analytics Courses in the USA:

There are several scholarships available for students of business analytics, some of them are listed below,

Career Opportunity after business analytics in the USA: