Masters in Business Analytics from Abroad
A Master's in Business Analytics course is a postgraduate program that focuses on the application of data analysis and statistical methods to solve business problems. Obtaining an MS in business analytics from a prestigious international university can attract the attention of hiring managers. You can obtain a degree in business analytics from one of the many reputable universities across the globe. The goal of this program, which combines computer science, mathematics, and business management, is to resolve business procedures in a multidisciplinary and immersive manner.
According to a US BLS (Bureau of Labour Statistics) analysis, an estimated 96,500 new management analyst jobs will be created over the course of the next 10 years, representing an average 12% growth in the sector. By enrolling in the top master's programs in business analytics, you can choose from a variety of programs.
This program's curriculum's main objective is to produce qualified professionals who can make use of their knowledge in data analysis and visualization. There are the top foreign study destinations and graduates with an MS in business analytics can find employment both in India and overseas. A master's degree holder's starting salary in the USA is approximately $95,000.
Highlights of Master's in Business Analytics:
According to widely-read assessments, business analytics is among the top 5 careers today regarding compensation and prestige. According to reports, a master's degree holder in business analytics may expect to make roughly $95,000 in their first position. According to the university, the master's program in business analysis typically lasts 1 or 2 years. A student must have completed a bachelor's degree.
Top Universities |
Johns Hopkins University Baltimore, USA, The University of Edinburgh, UK, Imperial College London, UK |
Fees |
Range from $20,000 to $50,000 per year |
Duration |
1-2 years |
Mode of Study |
Full-Time, Part Time |
Salary Ranges |
Range from $70,000 to $120,000 per year |
Why study Master's in business analytics?
Students pursuing an MS in business analytics are taught how to use analytical abilities to get insight into issues and develop solutions. They learn how to deal with situations where getting the right data is difficult or inappropriate. Additional justifications for choosing an MBA program overseas include:
1. High Demand
Business analytics is a much quicker and better process with the aid of cutting-edge software tools, and it produces superior analytical data allowing businesses to operate more quickly and adaptably. They also have a slight advantage because of this. To work on initiatives and uncover the answers to issues that will help in enhancing corporate decision-making, firms are looking to hire business analytics executives.
2. Short Programs
Business analytics studies include the methods, tools, and techniques used to research and evaluate historical business performance with the intention of acquiring the necessary knowledge to inform future business strategies. The 12- to 14-month master's program in business analytics is durational. For a position in high demand, it is one of the quickest master's programs available.
3. Top Universities
All international students who wish to pursue a master's degree in business analytics aspire to enroll in one of the top 10 universities. Students who study abroad gain both practical and theoretical knowledge that equips them to handle any problems.
4. Different Job Profiles
Businesses can utilize advance techniques and hire candidates to achieve the goals after they have a plan for gathering all the needed data, structuring it, and studying it. The finest feature of this course is that it gives you the opportunity to develop the abilities needed to work as a statistician, market researcher, or financial analyst.
Best Universities for Master's in Business Analytics Abroad:
University |
World Ranking |
Country |
Fees (Approx.) |
Programs Offered |
Duration |
316 |
Australia |
AUD31,000 |
Master of International Business |
2 years |
|
The University of Edinburgh |
15 |
UK |
£27,100 |
MA Business with Decision Analytics |
4 years |
57 |
Australia |
AUD 36,461 |
Master of Applied Behaviour Analysis |
2 years |
|
146 |
UK |
£26,500 |
Business Analytics MSc |
1 year |
|
Types of Master's in Masters in Business Analytics:
Top business analytics master's programs provide a wide choice of specializations. Students can select a specialism that corresponds to their career goals and skills. The following are some of the most common specializations offered by MS in Business Analytics programs abroad:
- Customer Analytics
- Operations Analytics
- People Analytics
- Accounting Analytics
Course Curriculum of Master's in Business Analytics:
Top colleges in different nations offer distinct course structures for master's degrees in business analytics.
The curriculum and subjects of any business analytics program will vary depending on the master's course chosen; nevertheless, some of the most popular courses you may study include:
- Business Statistics
- Data analysis
- Predictive Modeling
- Programming for Analytics
- Supply Chain Analytics
- Energy Analytics
Eligibility Criteria for Master's in Business Analytics:
- Students with a bachelor's degree in science, engineering, information technology, mathematics, the economics field, or business are recommended for admission to a Business Analytics master's program. Some foreign colleges require 16 years of formal schooling. As a result, keep this condition in mind.
- Admission Test and Assessment: Some institutions may need an admission test and/or an interview.
- Work Experience: While not a mandatory admission criterion, certain colleges may only consider accepting individuals with two to a maximum of five years of working experience.
Admission Requirements for Master's in Business Analytics:
International students seeking admission to the best master's in business analytics programs should be aware of the admissions criteria listed below. Furthermore, students should review the extra requirements on the official websites of the colleges to which they are applying. The masters in business analytics prerequisites are as follows:
- Undergraduate Certificate
- English Language Proficiency Scores
- GRE/GMAT Scores
- Work Experience
- Student Visa
So, these are a couple of the common standards that international learners must meet in order to get admitted to top colleges abroad.
Undergraduate Certificate
Students are required to have a 16-year educational attainment and have finished their undergraduate program. International students holding three-year bachelor's degrees will be evaluated for admission based on an overall examination of their profile. A GPA of 3.0 is required for either all four years or the last two years.
English Language Proficiency Scores
International students pursuing master's degrees in business analytics at top universities must provide IELTS, TOEFL, or comparable exam results as proof of English language competency.
These ratings are also required for the appropriate country's study visa application. The minimum score required by each university varies. The needed average score is:
IELTS |
7.0-7.5 |
TOEFL iBT |
90-100 |
50-60 |
GRE/GMAT Scores
International students with expertise in science and engineering may be required to submit GRE scores, whereas students with a bachelor's degree in business may be required to submit GMAT scores. The scores may differ depending on the university chosen by the student overseas; the average necessary score is:
- GRE: 310 or above
- GMAT: 641 or above
Work Experience
Employment experience is not required, however some colleges abroad may only consider enrolling international learners with 2 to 5 years of working experience.
Student Visa
Students must present a valid study visa from the corresponding nation. It is critical to apply for the study visa three months before the trip.
Admission Process for Master's in Business Analytics:
There are several masters in Business Analytics overseas universities that provide masters courses to international students; to submit an application to those universities, students must follow a step-by-step method.
1. Research the top universities and colleges that offer master's degrees in business analytics.
2. Visit the official university websites and gather all of the data necessary for entrance to these programs.
3. Submit all documentation, including test results, transcripts, and certifications.
4. Fill up your application form with all of the required information and submit the application fees.
5. Following the processing of your application, you will be requested to attend a personal interview as a component of the university's entrance procedure.
6. If you pass the interview, you will receive your acceptance letter and will be able to reserve your position at the institution or university.
7. Submit the business analytics tuition expenses and begin your studies at the university.
Cost of Studying for Masters in business analytics:
International students who are passionate about pursuing a master's degree in business analytics should consider the business analytics course expenses as well as the expense of living in other countries. The expected costs are as follows:
1. Tuition Charges
Most institutions and colleges charge nearly (USD 40,000- 61,000- INR 31, 83,756- 48, 55,227) a year for a master's degree in business analytics.
2. Living Expenses
Aside from tuition, students must also cover the expense of living in their home country. The average monthly cost of surviving, which includes transportation, housing, food, and other expenses, is roughly (USD 1000-2000 INR 79945.50-159891).
Career Opportunities after Master's in Business Analytics Course
As demand goes up, so does competition. As a result, having an advantage over other applications is critical as a job seeker. Students with the best qualities master's in business analytics programs from top colleges have numerous job prospects to pick from. Some examples of job roles include:
|
Average Salary Per Year |
Business Analyst |
$56,000 (INR 44,57,258) |
Corporate Strategy Analyst |
USD 70,000 (INR 55,71,573) |
Operations Analyst |
USD 60,000 (INR 47,75,634) |
Operations Analyst |
USD 83,000 (INR 66,26,097) |
Do you want to study information theory, business intelligence, data science, and computer science? Then studying for a master's degree in business analytics overseas is the ideal alternative. International students can advance their careers by taking this course.
- Level of study
- Streams
- Countries
- Cities
- Fees
- Exams Accepted
- Course Duration
- Masters
- Clear All
Business Administration (Business Analytics Concentration), M.B.A.
Midwestern State University, USA
DURATION
1 YearFEES
INR 11.93L/yrEXAMS
IELTS-6.0INTAKE SESSION
AUG 2024
Postgraduate Diploma in Information Design with Business Analytics
South East Technological University Carlow, Ireland
DURATION
1 YearFEES
INR 8.90L/yrEXAMS
IELTS-6.0INTAKE SESSION
SEP 2024
More courses at South East Technological University CarlowView All
DURATION
1 YearFEES
INR 9.77L/yrEXAMS
IELTS-6.0
Master of Business Administration in Business Analytics
Gannon University, USA
DURATION
1 Year 5 MonthsFEES
INR 25.42L/yrEXAMS
IELTS-6.0INTAKE SESSION
AUG 2024
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