Business analytics combines disciplines and technologies that use data analysis, statistical models, and other quantitative methods to solve business challenges. It entails a rigorous, iterative examination of the data within an organization with a focus on statistical analysis to inform decision-making. Business analytics primarily consists of Data Aggregation, Data Mining, Association, Sequence Identification, Text Mining, Forecasting Predictive Analytics, Optimization, and Data Visualization. 

Data-driven businesses treat their data as a corporate asset and seek methods to leverage it to gain a competitive edge. Modern enterprise analytics calls for business analytics technologies that enable greatly accelerated analytics and data science. As a result, there is a considerable demand for business analytics degrees.

Business Analytics is a major that can be pursued at undergraduate and master's degree levels. Students who complete this program can apply their understanding of data science techniques, business intelligence, computer science, and business information theory to real-world situations. 

A Business Analytics graduate has numerous career opportunities in Canada. Since business is one of the fastest-growing sectors, graduates will have various employment options and compensation packages.

Graduates in business analytics in Canada can pursue careers in healthcare, financial institutions, travel and tourism, journalism, etc. The salary range for course graduates is between $60,000 and $95,000 annually.

Global ranking of some of the top universities in Canada for Business Analytics courses

Some of Canada's top universities and business schools offer business analytics degree programs. Here is a list of Canada's top-ranked universities specialising in Business Analytics and related courses.

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Programs for Bachelors in Business Analytics with tuition fees in Canada

An undergraduate degree in business analytics is offered as a Bachelor of Commerce program or Bachelor of Science program. The course duration of the program is generally 4 years. The tuition fee for the program ranges from $25,000 to $55,000 per year.

Academic Requirements

• An undergraduate degree requires a minimum score of 65% or equivalent at the intermediate level/ +2.
• SAT or ACT score if required by the university. 

English Test Scores

• IELTS: Overall minimum score of 6.0 to 6.5 with at least 5.5 across all bands.
• TOEFL iBT: A minimum overall score of 80, with a minimum of 18 in all components.
• PTE: A minimum overall score of 62.

Programs for Masters in Business Analytics with tuition fees in Canada

In Canada, the Master of Business Analytics degree program lasts one or two years. MBAs with a Business Analytics concentration are also available at Canadian universities. With the growing requirement to manage massive data, business analytics has become increasingly vital in today's business world. The top universities in Canada that provide a postgraduate taught program in business analytics or a closely related subject are listed in the table below.

Academic Requirements

• A 4-year undergraduate degree in Computer Science, Statistics, Mathematics, Engineering, Physical Science, Economics or Commerce from an accredited university.
• At least one mathematics or statistics course covering hypothesis testing, linear regression, and its applications is required.
• A minimum GPA of 3.0 on a 4.0 scale.
• A GRE or a GMAT score if required by the university. 

English Test Scores

• IELTS: Overall minimum score of 7.0 with at least 6.5 across all bands.
• TOEFL iBT: A minimum overall score of 100, with a minimum of 22 in writing and speaking.
• PTE: A minimum overall score of 70. 

Master of Business Analytics in the UK

Top Business Analytics Universities in Canada: Scholarships

International students can apply for various scholarships, grants, fellowships, and bursaries in Canada. The scholarships available to international business analytics students are listed in the table below. Scholarships may be general or specific to students studying business analytics.

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Top Business Analytics Universities in Canada: Scope

Business analytics has been used in a wide range of applications. Businesses employ descriptive analytics extensively to comprehend their position in the market under the current conditions. Predictive and prescriptive analytics identify more trustworthy metrics for organizations to support their progress in a cutthroat environment. Over the past ten years, business analytics has emerged as one of the top employment options for individuals looking to advance their careers while earning a good salary.

In Canada, there are several work prospects and unlimited possibilities for a graduate in business analytics. Business analysts are in high demand, yet fewer are available than needed. Experts in their fields are hard to find.

Job Titles:

• Data Analyst
• Data Scientist
• Business Analyst
• Financial Analyst
• System Analyst
• Operational Analyst
• Business Intelligence Analyst
• Project Manager
• Functional Consultant
• Product Owner
• Pre-Sales Consulting

Top Recruiters:

• FedEx Corporation
• Cisco Systems
• Accenture
• Eli Lilly and Company
• Marriott International
• Hitachi Group
• TEXTRON
• Bayerische Motoren Werke AG (BMW)
• ExxonMobil Oil Corporation