Top 15 Best Business Analytics Programs in the World

Top 15 Best Business Analytics Programs in the World

In the age of Big Data, business analytics is becoming more important than ever. According to research from the McKinsey Global Institute, 2.5 quintillion bytes of data are created every day, and that amount is growing by 40% per year. This can be overwhelming for even the most data-savvy business owners, much less those who don’t have a background in statistics and analytics. This is one of the reasons people are on the lookout for the Best business analytics programs in the world to take their careers to the next level.

Fortunately, there are now multiple business analytics programs designed to give professionals and students alike the skills they need to harness the power of data. These include master’s degrees in business analytics and MBA concentrations in data science or business intelligence.

We’ve compiled a list of the top 15 degree programs for those hoping to get into this exciting field. The following list we will see below are the top 15 business analytics programs in the world based on some of the world’s prestigious rankings.

What is Business Analytics?

Business analytics refers to the application of statistical methods, technology, and processes to transform data into actionable business intelligence. These tools are used in a range of areas, including customer service, finance, operations, and human resources.

For example, some companies use analytics to predict when they might lose a client and take steps to prevent that from happening. Others use it to track employee performance and determine who should be promoted or receive higher pay.

A master’s in business analytics can lead to career opportunities in a number of fields, including technology, finance, and healthcare. Business analytics programs are available at a variety of institutions, and they offer students the opportunity to gain knowledge in key areas like statistics, predictive modeling, and big data.

Best countries for Master in Business Analytics degrees

The best countries for Master in Business Analytics programs are the US, Canada, UK, Singapore, France, and Germany. The US is also the best country for a Master in Business Analytics (MSBA), according to candidates.

Is Business Analytics worth it?

A master’s in business analytics is worth the investment if you want to learn how to use and interpret data to solve complex business problems, you want to increase your decision-making power at your organization, and you choose the right program—one that that provides you with the ability to not only do the technical analysis but also teaches you how to actually apply it in a business context.

What to Expect from a Master’s in Business Analytics Program

First, it’s important to understand what you’ll be getting from an MSBA program. Fundamentally, master’s in business analytics students transition from being analysts who work for decision-makers into decision-makers who can understand the analysis.

In general, business analytics master’s curricula focus on the use of advanced quantitative and analytical tools to make strategic business decisions. Students learn how to manipulate large datasets and how to apply that information to make data-backed judgements. Coursework incorporates machine learning, algorithms, probability and more.

Because business analysts must be able to translate their insights to their team or to managers, our MSBA program also covers leadership, corporate communication and data visualization to help our students hone both their analytical and persuasive skills. The best programs teach you how to turn raw data into strategy-leading stories.

Top 8 Reasons for Masters in Business Analytics Degree

the best way to approach an advanced degree is to think about it as a long-term investment. The time and energy you put in now can pay off exponentially in the future. Here are eight ways a master’s in business analytics benefits your career.

1. Increases your earning potential

The most literal return on your investment in a master’s in business analytics is increased salary potential. A general business analyst makes a median salary of around $81,000, according to the labor database Burning Glass. But for those who use their graduate degree to move into senior or manager roles, the median salary jumps to more than $95,000.

2. Opens up your career options

The mix of technical skills and business acumen inherent in an MSBA makes it an attractive degree to employers in a wide range of fields. Financehealth care, retail and manufacturing are just some of the industries turning to analytics to drive their decisions.

Top industries for business analytics professionals

  1. Professional, scientific and technical services
  2. Finance and insurance
  3. Public administration
  4. Manufacturing
  5. Health care and social assistance

Top employers hiring business analysts

  1. Anthem Blue Cross
  2. ACCA
  3. Wells Fargo
  4. IBM
  5. Deloitte

Common job titles

  • Business analyst
  • Senior business analyst
  • Program analyst
  • Consultant
  • Management analyst

3. Positions you for promotions and increased influence in your organization

If you are already working as a business analytics professional, an MSBA makes a compelling case to an employer about your abilities and your worth to the organization.

4. Installs you in a lifelong professional network

MSBA program follows a cohort model that allows you to work alongside the same group of professionals for the entirety of the degree. Through projects that mirror real-world work environments, you can foster meaningful connections with your teammates that pay off.

You really get to know everybody, their personalities as well as their work ethics, and you get to really make some good friends. You’re also plugging into a huge network of alumni. Most schools boast tens of thousands of alumni around the globe.

5. Gives you access to career support, even after you graduate

A graduate program supported by a robust career services office goes far beyond resume checks and interview prep. Their career coaches will spend time strategizing with you about what you want out of your career and how you can maximize the impact of the skills you’re learning. They also have access to expansive job networks and, thanks to an increase in virtual recruiting, can connect you with employers in your preferred geographic location.

If your MSBA is through a business school like Tepper, you’ll have access to career services specifically designed for business-focused students. The counselors are industry specialists who have deep experience in the fields they advise on. They constantly monitor changes in the market or needs of employers and pass that intel on to you, saving you time and effort.

If your MSBA is through a school with smaller class sizes, you’ll have access to more bespoke services. The counselors can get you where you want to be—not where 300 people need to be.

6. Keeps you up to date

In an industry that’s inescapably tied to technology and always on the lookout for the next innovation, most analytics professionals will need upskilling at multiple points in their career. Even beyond the technical realm, the need for upskilling is a defining feature of the decade: The World Economic Forum estimates that 42% of the core skills needed to perform a job are going to change by 2022.

MSBA programs are a good fit for both professionals who want to upgrade their skills or career changers that want to move into a field that’s expected to see a faster-than-average growth in the next 10 years.

7. Keeps you competitive

The number of master’s degree holders is increasing every year. The National Center for Education Statistics tracked a 10-year period ending in 2017 and found that the number of master’s degrees conferred rose by 32%. The greatest number of advanced degrees came in the field of business. This means it’s probable your coworkers are going to have a graduate degree and that the people you’re competing against for the next job opening or promotion are going to have an advanced degree.

8. Instills you with confidence and competence

Uncertainty is part and parcel of the business world. Data isn’t always pretty and business problems may not have clear-cut solutions. That’s why you must go beyond just knowing tools and develop sophisticated problem-solving abilities. You must be able to step up at your organization and say, “I can do this.”

The ability to attack and solve unstructured problems is a key skill that someone in an MSBA program should walk away with. When you are confronted with some sort of problem in your organization, it won’t phase you. You’ll just attack the problem.

Which certification is best for business analytics?

Business analytics is the practice of using data and statistics to guide business decisions.

There are some useful certifications for business analytics which include some of the following:

  • IIBA Certification in Business Data Analytics (CBDA)
  • IQBBA Certified Foundation Level Business Analyst (CFLBA)
  • IREB Certified Professional for Requirements Engineering (CPRE)
  • PMI Professional in Business Analysis (PBA)
  • SimpliLearn Business Analyst Masters Program.

What are the Best business analytics programs in the world

If you’re interested in pursuing a career in business analytics, there’s no doubt you first need to choose the right school for your situation. You help you narrow the work, we have compiled the list below.

To compile our ranking of the best business analytics programs, we looked at three factors:

  • The quality of education each program provides;
  • The prestige of the school;
  • Value for money of the degree.

Below is a list of the Best business analytics programs in the world:

  • Master of Business Analytics — Stanford University Graduate School of Business
  • Master of Science in Business Analytics — The University of Texas at Austin
  • Master of Science in Business Analytics — The University of Texas at Austin
  • Master of Business Analytics — Massachusetts Institute of Technology
  • Master of Science in Business Analytics — Imperial College Business School
  • Master in Data Sciences &amp — ESSEC Business School
  • Master in Business Analytics — ESADE
  • Master of Science in Business Analytics — University of South California
  • Masters of Science in Business Analytics — University of Manchester
  • Master of Science in Business Analytics — University of Warwick
  • Master of Science in Business Analytics — University of Edinburgh
  • Master of Science in Business Analytics — University of Minnesota
  • Master of IT in Business program — Singapore Management University
  • Masters in Business Analytics &amp — Purdue University
  • Master of Science in Business Analytics — University College Dublin.

Best business analytics programs in the world.

1. Master of Business Analytics — Stanford University Graduate School of Business

Stanford Graduate School of Business offers a broad range of courses that are relevant to business analytics. Some of the most popular courses include advanced analytics, marketing analytics, predictive modeling, and statistical learning.

A student pursuing a Ph.D. in business analytics must enroll in at least three courses offered by the computer science department.

The eligibility criteria for this program is to have a minimum of 3 years of full-time work experience and strong academic background with at least a 7.5-grade point average.

2. Master of Science in Business Analytics — The University of Texas at Austin

The University of Texas at Austin, founded in 1883, is the flagship of the University of Texas system’s 14 schools.

Read: Frequently Asked Questions and Answers on Scholarship Application

The school was the first of the 14 to open its doors in 1881, and it now boasts the seventh biggest single-campus enrolment in the country, with 24,000 students. The university’s McCombs School of Business, which accommodates 12,900 students, was founded in 1922. The school provides a 10-month Master of Science in Business Analytics program.

3. Master of Business Analytics — Indian Institute of Management Ahmedabad

The Department of Management Science and Technology (MST) at IIM Ahmedabad offers a PGDM in Business Analytics and Decision Sciences.

This is a two-year full-time program designed for professionals with an extensive background in statistics and math. The selection process for this course includes GMAT scores and personal interview rounds.

4. Master of Business Analytics — Massachusetts Institute of Technology

The Massachusetts Institute of Technology, located in Cambridge, Massachusetts, is one of the world’s most prestigious private research universities.

The institution, which was founded in 1861, is best renowned for its scientific and technical studies. Their endeavor to educate business and management-related courses are known as the Sloan School of Management.

They offer a Master of Business Analytics program that lasts 12 to 18 months.

5. Master of Science in Business Analytics — Imperial College Business School

Imperial College Business School has been a component of The Imperial College of London since 1955 and is one of the world’s best business schools.

Imperial College, which is primarily a science research university, established a business school to provide business-related courses to its students. Many international students attend the university’s Master of Science in Business Analytics program.

6. Master in Data Sciences — ESSEC Business School

ESSEC Business School, founded in 1907, is one of the world’s oldest business schools. It is presently considered one of the most prominent institutes and a member of the French trio known as the three Parisians, which includes ESCP and HEC Paris. AACSB, EQUIS, and AMBA have all given the institution their triple accreditation. The university provides a well-regarded Master of Data Sciences and Business Analytics program.

7. Master in Business Analytics — ESADE

Since 1958, the ESADE Business School has been a part of the ESADE campus in Barcelona, Spain, and is regarded as one of Europe’s and the world’s best. It is one of 76 schools that has received triple accreditation (AMBA, AACSB, and EQUIS). The school now has a total of 7,674 pupils, with a significant number of international students.

The school provides a well-regarded one-year Master of Business Analytics degree.

8. Master of Science in Business Analytics — University of South California

The University of South California is a private research university in Los Angeles, California, that was founded in 1880.

DNA computing, dynamic programming, VoIP, antivirus software, and picture compression are just a few of the technologies that the institution has pioneered.

Since 1920, the USC Marshall School of Business has been endeavoring to give high-quality business education. The institution provides a well-regarded one-year Master of Science in Business Analytics program.

9. Masters of Science in Business Analytics — University of Manchester

The University of Manchester was founded in 1824 as a mechanical institute and has undergone several changes since then, culminating in its current incarnation in 2004 as the University of Manchester.

The school’s main campus is in Manchester, England, and it has a population of 40,000 students. Since 1918, the Alliance Manchester Business School has been a part of the campus and is ranked second in the United Kingdom for research accomplishments.

A Master of Science in Business Analytics is available at the school.

10. Master of Science in Business Analytics — University of Warwick

The Institution of Warwick was founded in 1965 and is a public research university in the outskirts of Coventry, United Kingdom.

This institution was founded in order to provide students with high-quality higher education, and it now has a student population of 26,500.

Since 1967, the Warwick Business School has been a part of the Warwick University campus, producing leaders in business, government, and academia. The school provides a Master of Science in Business Analytics program that lasts 10 to 12 months.

11. Master of Science in Business Analytics — University of Edinburgh

The University of Edinburgh, founded in 1582, is the world’s sixth oldest university and one of Scotland’s ancient universities. The school now has a student population of 36,500 pupils that is spread over five main sites.

The University of Edinburgh’s world-renowned business school first opened its doors in 1918. The Business School has established a strong reputation and provides one of the most respected Masters of Science in Business Analytics programs in the country.

12. Master of Science in Business Analytics — University of Minnesota

The Institution of Minnesota was founded in 1851 as a public research university with two campuses in Minnesota: Minneapolis and Saint Paul. With 50,000 students, the school serves as the oldest institute and flagship of the University of Minnesota system.

Its initiative to educate business and management courses is known as the Carlson School of Management. The school’s 3,000+ students can enroll in a Master of Science in Business Analytics program.

13. Master of IT in Business program — Singapore Management University

The Singapore Management University is an autonomous university whose primary goal is to provide international students with business-related higher education.

When the school first opened in 2000, the curriculum and programs were modeled after those of the Wharton School of Business.

It is one of the few non-European schools to hold EQUIS, AMBA, and AACSB accreditation. SMU’s School of Information System provides a Master of Information Technology in Business program.

14. Masters in Business Analytics — Purdue University

Purdue University was founded in the year 1869 in West Lafayette, Indiana. The university is named after Lafayette businessman John Purdue, who provided land and funds to help create the school. This top-rated business analytics school began with 39 students and now has 43,000 students enrolled.

The Krannert School of Management, which was added to the university in 19622 and now has 3,000 students, is a business school. Students can earn a master’s degree in business analytics and information management at the school.

15. Master of Science in Business Analytics — University College Dublin

Institution College Dublin, as its name implies, is a research university founded in 1854 in Dublin, Ireland. It is one of Ireland’s largest universities, with a faculty of 1,400 people teaching 32,000 students. The school has been regarded as Ireland’s second finest.

In the year 1908, the institution added the Michael Smurfit Graduate Business School. They offer a number of distinguished programs, including the first MBA program of its sort in Europe. The school provides an internationally recognized Master of Science in Business Analytics program.

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