What makes a Masters in Business Analytics in the US a good choice?

A US degree offers a cutting-edge curriculum, access to advanced technology, and networking opportunities crucial for a successful career in analytics.

Are there specific prerequisites for applying to these programs?

Requirements vary, but most programs seek a quantitative background, proficiency in programming, and a strong aptitude for data analysis.

What career prospects can one expect after completing a Masters in Business Analytics in the US?

Graduates can pursue roles like Data Analyst, Business Intelligence Analyst, and Data Scientist, among others. The demand for analytics professionals is high across various industries, offering promising career paths.

2022-02-19 |

Countries

Masters In Business Analytics In The US

MS in Business Analytics in USA: Top Colleges, Fees

By Grad-Dreams

USA

Business Analytics

Masters In Business Analytics In The US

In the United States, about 150 universities offer a master's degree in business analytics. MS Business Analytics degrees in US universities might cost anywhere between 20,000 and 80,000 dollars (annual tuition fees). With 2.3 trillion GB of data surrounding global trade, the demand for certified competent experts who can use and analyze this data for organizations is on the rise. This dynamic 10- to 12-month course covers a wide range of statistical and quantitative methodologies, computational tools, and prediction models that can be applied in the workplace. In the master's in business analytics programs in the United States, the number of overseas students has been increasing.

#Why Study Ms. In Business Analytics In The US

Pursuing a master's degree in business analytics in the United States is an excellent decision not just because the country has some of the greatest higher education institutions, but also because there is a growing demand for trained employees. Here's a glimpse at the business analytics industry's predicted growth in the United States:

Around 140,000-190,000, experienced individuals with profound analytical skills are needed in the United States.
The coursework is quite flexible, and students have the option of transferring credits, making the United States a popular study destination.
The industry's overall data is expected to rise by 40%, bringing the total number of experts required to roughly three million.
Within 3-6 months after graduation, graduates from business analytics universities in the United States received job offers.
In the United States, the employment of business analysts is expected to grow by roughly 22% between 2010 and 2020. This means that approximately 15,000 new jobs are projected to be created in the field each year.

#Top Universities

Programme Offered	Annual Fees (USD)
MIT	Masters of Business Analytics (1 year)
UCLA	MS Business Analytics (15 months)
UC San Diego	MS Business Analytics (11 months)
University of Texas at Austin	MSBA (Master of Science in Business Analytics) 10 months
Purdue University	MS Business Analytics and Information Management
UC Davis	MSBA (1 year)
Michigan State University	Masters in Business Analytics (12 months)
University of Minnesota	MS Business Analytics (1 year)
Arizona State University	MSBA (9 months)
University of Notre Dame	MS Business Analytics (1 year)

If you wish to study abroad, contact Grad-Dreams for the best international career plans.

Cost Of Living

Pre-arrival Expenses

Initially, before heading to the USA, there are a considerable amount of expenses such as flight charges, USA student visa fees, application, tests required to study in the USA, etc. These are mostly your one-time expenses but still make up a considerable amount that you must be familiar with when planning for your studies in the USA.

Type of Expense	Cost (USD)
Program Application Fees	100-200
GMAT Fees	250
IELTS Fees	185-190
GRE Fees	205-230
TOEFL Fees	160-250
Visa Application Fees	160

#Tuition fees

In the United States, a master's in business analytics is typically a one-year degree that costs between $27,000 and $82,000 depending on the university. This is around 20 to 61 lakhs INR (May 2020). This price may appear to be prohibitively expensive for a student on a tight budget. Applying for scholarships for international students pursuing a master's degree in the United States is one of the greatest ways to keep this cost under control. In the next sections, we'll go through a range of alternative funding options in greater depth.

#Cost of Living

Living costs in the United States might reach $15,000 per month or more. The cost of lodging varies greatly from one state to the next. A one-bedroom apartment in Washington will set you back $1000, whereas the same unit in South Dakota will set you back $500. The following are some examples of monthly expenses for overseas students planning to study in the United States:

Categories	Average monthly expenses (in USD)
Accommodation	1000(On-Campus) 600-800(Off-Campus)
Personal Expenditures	300-600
Health Insurance	450-700
Transportation	100-300
Meals	120-160
Total	1,570-2,813

Scholarships

Scholarship	Amount (USD)
AAUW International Fellowships	18,000
BrokerFish International Student Scholarship	1000
Fullbright Masters Scholarship	Tuition and other expense waivers
Inlaks Shivdasani Foundation Scholarship	100,000
GoClean Scholarships	3500

#Career

For recent graduates, the United States is the finest option. According to estimates, 75% of major organizations and firms prefer to hire fresh graduates in the subject of business analytics. BCG, McKinsey, IBM, and BMW are among the companies that recruit university graduates. Market research, supply chain management, project management, and even consulting are all viable job options for graduates of the course.