Master of Business Analytics in USA

Master of Business Analytics in USA

bog
Sandeep NepalThu Nov 18 2021

Master of Business Analytics in USA is a 1 to 1.5 years program offered by most of the top-ranked universities. This program is designed for people in the earlier stage of their careers. For industry professionals with a lot of experience, MBA with business analytics specialization is recommended. 

Most universities encourage students with a quantitative background to apply for the program. The total course fee ranges from $ 25000 to $ 65000. 

After the completion of the program, graduates are hired by companies in all sectors such as manufacturing, financial institution, supply chain, educational institution, etc. The average salary of the graduates of Master of business analytics in the USA is $ 73000 per year.

Why study Master of Business Analytics in the USA?

  • Courses designed to train students in different aspects of business analytics in a short duration.
  • Most of the programs offered as a master of business analytics in the USA are stem-designated programs thus allowing students for a total of 36 months of OPT visa.
  • Universities with strong connections with different industries and dedicated career development teams guide students to choose the right career path.
  • The program offered by top-ranked universities of the USA
  • Several specialization tracks for gaining expertise in a particular domain.
  • Plenty of job opportunities after graduation.

Top universities for master of business analytics in the USA

Several top universities in the USA offer a master of business analytics program. The typical course duration is 1 year with few universities having 1 and half years of course duration.

Rank

University

Program

1

Massachusetts Institute of Technology (MIT)

Masters of Business Analytics

48

The University of California, San Diego (UCSD)

MS Business Analytics

67

The University of Texas at Austin

Master of Science in Business Analytics

116

Purdue University

MS Business Analytics and Information Management

157

Michigan State University

Masters in Business Analytics

186

University of Minnesota

MS Business Analytics

216

Arizona State University

Master of Science in Business Analytics

222

University of Notre Dame

MS Business Analytics

96

Pennsylvania State University

Master’s in Business Analytics

475

Florida State University

Master of Science in Business Analytics

226

University of Virginia

Master of Science in Business Analytics

285

The University of Illinois at Chicago (UIC)

Master of Science in Business Analytics

342

Northeastern University

Master of Science in Business Analytics

358

University of Utah

Master of Business Analytics

651-700

American University

MS Analytics

 

Saint Joseph’s University

Master of Science in Business Intelligence & Analytics

Tuition Fees for Master of Business Analytics in USA for International Students

University

Course Duration

Total course fee

Massachusetts Institute of Technology (MIT)

1 year

$ 63,250

The University of California, San Diego (UCSD)

11 months

$ 26,500

The University of Texas at Austin

10 months

$ 53,000

Purdue University

11 months

$ 50,400

Michigan State University

1 year

$ 39,000

University of Minnesota

1 year

$ 65,250

Arizona State University

9 months

$55,488

University of Notre Dame

10 months

$ 54,580

Pennsylvania State University

1 year

$ 51,813

Florida State University

1 year

$ 36,653

University of Virginia

1 year

$ 65,052

University of Illinois at Chicago (UIC)

1 year

$ 42,635

Northeastern University

12-16 months

$ 49,200

University of Utah

17 months

$ 61,000

American University

1 year

$ 59,796

Saint Joseph’s University

1-1.5 years

$ 34,200

Master of Business Analytics in USA: Admission Requirements

Massachusetts Institute of Technology (MIT)

  • A bachelor's degree (Candidate with an undergraduate degree in engineering, mathematics, physics, computer science, and programmers are encouraged to apply)
  • GRE or GMAT score required for the application process (No minimum test scores)
  • TOEFL or IELTS score required for proof of English language proficiency (No minimum test scores)

American University

  • An undergraduate degree four-year bachelors degree of USA
  • GMAT or GRE score is required
  • TOEFL score of at least 100 or an IELTS score of at least 7.0 is required for international applicants

The University of California, San Diego (UCSD)

  • A bachelor's degree in a quantitative background such as mathematics, economics, engineering, statistics, or computer science. For applicants with non-quantitative background, five years of relevant work experience is necessary.
  • Most have demonstrable programming proficiency through previous learning, professional work, EdX, or Coursera.
  • For proof of English language requirement, the minimum IELTS score is 7.0, minimum PTE score is 65 and average TOEFL score is 105.

The University of Texas at Austin

  • A bachelor’s degree with a quantitative background with a GPA of 3.0 or more.
  • Programming proficiency demonstrated through university coursework or professional work experience
  • GRE or GMAT score required.
  • A minimum TOEFL score of 100 or an IELTS score of 7.0.

Purdue University

  • An undergraduate degree with a minimum GPA of 2.4 for a stem degree and 2.6 for a non-stem degree.
  • GMAT score of a minimum of 500. GRE score is also accepted but GMAT score is preferred for scholarships.
  • For proof of English language proficiency, a TOEFL score of a minimum of 93 overall with at least 22 in speaking, 20 in writing, 18 in listening, and 22 in reading is required. IELTS score of 7.5 overall with no band less than 7.0 is also accepted.

Michigan State University

  • A four bachelor degree from a recognized university
  • Sufficient exposure to programming languages, statistics, and statistical software.
  • GRE/GMAT score is required for an international applicant.
  • A TOEFL score of a minimum of 100 or an IELTS score of a minimum of 7.0 is required as proof of English language proficiency for international students.

University of Minnesota

  • An undergraduate degree is required preferably in economics, mathematics, engineering, computer science, or programming.
  • Sufficient and proven exposure to programming and calculus
  • A full-time work experience is not mandatory but preferred.
  • GRE or GMAT score is required.
  • TOEFL score of 79 overall with at least 21 in writing and 19 in reading or IELTS score of at least 6.5 overall and in reading and writing.

University of Notre Dame

  • An undergraduate degree. Prerequisite course work includes one course in statistics and two courses in business
  • GRE or GMAT score is required
  • IELTS, TOEFL, or PTE score is required for proof of English language proficiency

Pennsylvania State University

  • A bachelor degree equivalent to four years bachelor degree of USA
  • GRE or GMAT score is required
  • A TOEFL score of at least 80 overall with a minimum score of 19 in speaking is required or an IELTS score of 6.5 is required for English language requirements.

The University of Illinois at Chicago (UIC)

  • A bachelor's degree in any field with courses taken in mathematics including calculus and statistics.
  • GRE or GMAT score
  • TOEFL score of 80 overall with at least 19 in reading, 17 in listening, 20 in speaking and 21 in writing or IELTS score of 6.5 overall with no band less than 6.0 or PTE score of 54 overall with at least 51 in reading, 47 in listening, 53 in speaking and 56 in writing.

Scholarships:

Varying amounts of scholarships are available to international graduates in US universities. Apart from these scholarships, students can also take on graduate assistant positions to obtain financial support for their graduate studies. The following table shows different scholarships and fellowships provided by some of the universities.

University

Scholarship and Fellowship

Amount

Michigan State University

Industry Fellowship

$ 1000

The University of Texas at Austin

General ISSS Financial Aid

$ 3500 for fall and spring and $ 2500 for summer

Arizona State University

Completion Fellowship

$ 9600+ tuition for 1 credit hour

Graduate College Enrichment Fellowship

$ 19,200 stipend in a year and first-year tuition award

Florida State University

Leslie N. Wilson - Delores Auzenne Assistantship for Minorities

$ 5000 and tuition waiver

Northeastern University

Graduate Dean’s Scholarship

Varies

Job and Scope after Master of Business Analytics in the USA

With the increasing number of job openings for data scientists and business analysts, the job scope for graduates of Master of Business Analytics in the USA is increasing. One can find employment in any sector such as manufacturing, financial institutions, health care, government, education, technology, etc. The average salary is $ 73,000 per year.

Role/Positions

Range of Salary

Average Annual Salary

Data Scientist

$ 64,000 - $ 109,000

$ 84,563

Data Analyst

$ 53,000 - $ 91,000

$ 69,622

Analytics Consultant

$ 60,000 - $ 100,000

$ 77,320

Data Engineer

$ 71,000 - $ 119,000

$ 92,274

Marketing Analyst

$ 54,000 - $ 100,000

$ 72,459

Financial Analyst

$ 48,000 - $ 76,000

$ 60,756

Supply Chain Analyst

$ 40,000 - $ 69,000

$ 53,937

Reporting Analyst

$ 49,000 - $ 78,000

$ 62,232

Risk Analyst

$ 84,000 - $ 137,000

$ 110,962

Business Systems Analyst

$ 57,000 - $ 92,000

$ 73,090

Statistical Analyst

$ 47,000 - $ 69,000

$ 58,291

Management Consultant

$ 48,000 - $ 90,000

$ 66,739

Sales Operations Analyst

$ 54,000 - $ 90,000

$ 69,939

Analytics Manager

$ 72,000 - $ 127,000

$ 99,320

Business Intelligence Developer

$ 59,000 - $ 111,000

$ 47,604

Research Analyst

$ 38,000 - $ 65,000

$ 50,195

Data Management Specialist

$ 40,000 – $ 78,000

$ 54,240




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