MS in Business Analytics in USA is a 8-12 months graduate degree program for international students. Prospective students must demonstrate a 3-4 year undergraduate degree in a related field for admission to MS in Business Analytics in USA. A GPA of 3.0 to 3.6 on a 4.0 scale (83-89%) is required for admission to Masters in Business Analytics in USA. Students need a GRE score of around 167 in verbal and quants for admission to the program.
The average tuition fee for MS in Business Analytics in USA is around 67,000 USD (54.72 lakhs INR). MS Business Analytics in USA assures a good ROI with graduates earning an average salary of 75,000 USD (61.30 lakhs INR) per year. Some of the popular companies employing Business Analysts in USA are American Express, Capital One, AIG, Boeing, among many others.
Top Universities for MS in Business Analytics in USA
A list of the top universities for MS in Business Analytics in USA, their respective application deadlines and tuition fees are provided below:
| University | Program | Deadlines | Total Tuition Fees (USD) |
|---|---|---|---|
| Massachusetts Institute of Technology | Master of Business Analytics | January 5, 2023 | 86,300 |
| University of California, Los Angeles | Master of Business Analytics | Round 1: January 13, 2023 | Round 2: March 10, 2023 | Round 3: May 31, 2023 | 68,710 |
| University of Texas at Austin | Master of Business Analytics | Round 2: January 9, 2023 | Round 3: March 27, 2023 | Round 4: May 15, 2023 | 53,000 |
| University of California, San Diego | Master of Science in Business Analytics | Deadline 3: January 15, 2023 | Deadline 4: April 15, 2023 | 90,586 |
| Purdue University | Master of Business Analytics and Information Management | Final International: January 28, 2023 | 56,700 |
| Michigan State University | Master's in Business Data Science and Analytics | September 15, 2022 (Closed) | 39,000 |
| University of Notre Dame | MSBA | Round 2: January 10, 2023 | Round 3: March 14, 2023 | Round 4: May 2, 2023 | 57,300 |
| Arizona State University | Master of Business Analytics | Round 2: December 1, 2022 | Round 3: February 1, 2023 | Big Data: 59,180 | Other Tracks: 82,032 |
| University of California, Davis | Master of Science in Business Analytics | Round 1: October 5, 2022 (Closed) | 86,748 |
MS in Business Analytics USA: Course Summary
| Programs Available | MS in Business Analytics in USA |
| Program Type | Full time |
| Program Duration | 1 year |
| Eligibility Criteria | 4 year bachelor’s degree or 3 year equivalent |
| GPA | 3.0 to 3.6 on a 4.0 scale (83-89%) |
| English Proficiency Requirements | Minimum TOEFL iBT: 79 to 105 (university specific) |
| Tuition Fee Range | 39,000 to 90,586 USD (31.87 to 74.03 lakhs INR) |
| Average Salary | 75,000 USD (61.30 lakhs INR) per annum |
| Top Employers | American Express | Capital One | AIG | Boeing | Morgan Stanley |
Why Study MS in Business Analytics in USA?
USA is currently one of the prime locations to pursue MS in Business Analytics. After graduating with Master of Business Analytics in USA, students earn high salaries across various top companies like Wells Fargo, City, Capital One and various others. Here is a sneak peek into the projected growth of the business analytics industry in the USA:
- USA is home to some of the leading universities in the world for MS in Business Analytics program. Universities like MIT, UCLA, UT Austin and numerous others offer ultramodern Business Analytics courses based on contemporary problem solving.
Also Check: MS in Business Analytics Universities in USA - The Business Analytics market is expected to grow from 67.92 billion USD in 2020 to 103.65 billion USD in 2026. The compound annual growth rate (CAGR) is expected to be 7.3% over the forecast period. The growing market indicates an increase in employment opportunities across Business Analytics in USA.
- After graduating with Masters in Business Analytics in USA, students secure an average salary of 75,000 USD (61.30 lakhs INR) per year.
MS in Business Analytics in USA Admissions
MS in Business Analytics in USA is majorly offered in the Fall and Winter terms. International applicants planning to study in USA are required to fulfill the minimum eligibility criteria and submit additional documents. International students are expected to demonstrate a 4 year bachelor’s degree or 3 year equivalent to apply for admission to MS Business Analytics in USA. The detailed eligibility criteria for admission to MS in Business Analytics in USA is provided below.
MS in Business Analytics in USA Eligibility Criteria
International students must check the detailed eligibility criteria before applying to a university in USA. The common application requirements for international students to pursue Masters in Business Management in USA are as follows:
- Academic Degree: A 4 year undergraduate degree or a 3 year equivalent degree in a relevant stream is expected by the universities in USA.
- Minimum GPA: A minimum GPA of 3.0 to 3.66 out of 4.0 (83-92%) is a significant application requirement at the top universities.
- GRE or GMAT Score: Admitted students demonstrate an average GRE score of 167 in quants across various universities. The average GMAT score of the admitted applicants range between 640 to 750.
- English Proficiency Test Score: The minimum TOEFL score required for MS in Business Analytics in USA varies between 79 to 105 across different universities. You can also submit equivalent scores of IELTS, PTE, Duolingo or related tests.
- SOP: A majority of the universities in USA require a detailed SOP, demonstrating the objective of the student for pursuing the program. An SOP for USA should ideally be around 500 words. Check the university specific SOP word limit before submitting your SOP.
- Essay: A personal essay within the word limit stated by a specific university might be required for admission.
- Letters of Recommendation: 1-3 LORs from academic and professional supervisors (if available) are required.
- Coursework: Coursework in Computer Programming, knowledge in various programming languages like C, C++, HTML, Python, Java, and/or others can add value to your application.
- Professional Experience: Although some universities in USA accept students without any prior work experience, students need at least 1-2 years of full time experience for admission to Masters in Business Analytics in USA. Internship experience is also considered by the universities in USA.
MS in Business Analytics in USA: Admission Requirements
The university specific admission requirements for MS in Business Analytics in USA are provided in the following table.
| University | Academic Requirement | Additional Documents |
|---|---|---|
| Massachusetts Institute of Technology | 4 years UG degree or 3 years equivalent | GPA of 3.8 or above on a 4.0 scale (92-93%) | Full time paid work experience | 3 LORs (2 academic, 1 professional LOR) | 1 page resume | Essay questions | Short answers |
| University of California, Los Angeles | UG degree with minimum 3.0/4.0 GPA (83-86%) | Experience or coursework in Computer Programming |
| University of Texas at Austin | UG degree in a quantitative field, overall GPA of 3.66 out of 4.0 (90-92%) | 2 LORs | Personal essay | Resume | 1 minute video essay |
| University of California, San Diego | Undergraduate degree or diploma | Work experience not mandatory, 2 LORs | Resume or CV | Quantitative experience | SOP (500 words) |
| Purdue University | UG degree with minimum 3.0/4.0 GPA (83-86%) | 2 LORs | Resume | SOP | Essays | |
| Michigan State University | 4 year bachelor’s degree or equivalent with 3.5/4.0 cumulative GPA (89-90%) | Work or internship experience optional | Knowledge in programming language like: C, C++, Python, Java, and HTML |
| University of Notre Dame | Average GPA: 3.45/4.0 (88-89%) | Not mandatory |
| Arizona State University | GPA of 3.0 on a 4.0 scale (83-86%) | 1 LOR explaining commitment | motivation | achievements | work experience and opportunity | Current resume | Short answer question responses |
| University of California, Davis | Average GPA of 3.5/4.0 (89-90%) | Average 2 years of work experience |
MS in Business Analytics Exam Score Requirements
| University | TOEFL Score Requirement | GMAT/GRE score Requirement |
|---|---|---|
| Massachusetts Institute of Technology | Minimum: 90 | Recommended: 100 | GRE Quant Range: 165-170 | GRE Verbal Range: 154-167 |
| University of California, Los Angeles | 87 | GMAT Score: 710 | GRE Score: 167 in quants |
| University of Texas at Austin | 79 | Not Required |
| University of California, San Diego | 105 | Not Required |
| Purdue University | 93 | Not Required |
| Michigan State University | 100 | Not Required |
| University of Notre Dame | 84 overall | 22 in writing and 17 in all other sections | GMAT score: 640-750) |
| Arizona State University | 80 | Not Required |
| University of California, Davis | 80 | Average GRE quant score: 167 |
MS in Business Analytics in USA Tuition Fees
The tuition fee for MS in Business Analytics in USA can range anywhere between 39,000 to 90,586 USD (31.87 to 74.03 lakhs INR) across universities. The following table consists of the tuition fees for MS in Business Analytics in USA across some of the top universities in USA:
| University | Total Tuition Fees (USD) | Fee for Indian Students (INR) |
|---|---|---|
| Massachusetts Institute of Technology | 86,300 | 70.59 lakhs |
| University of California, Los Angeles | 68,710 | 56.20 lakhs |
| University of Texas at Austin | 53,000 | 43.35 lakhs |
| University of California, San Diego | 90,586 | 74.10 lakhs |
| Purdue University | 56,700 | 46.38 lakhs |
| Michigan State University | 39,000 | 31.90 lakhs |
| University of Notre Dame | 57,300 | 46.85 lakhs |
| Arizona State University | Big Data: 59,180 | 48.38 lakhs |
| Other Tracks: 82,032 | 67.07 lakhs | |
| University of California, Davis | 86,748 | 70.93 lakhs |
Cost of Living in USA
For an international student, the cost of living in USA varies between 47,000 to 50,000 USD (38 to 41 lakhs INR) per year. The average annual cost of living in USA for international students is tabulated here:
| Expense Type | Average Annual Expense (USD) | Cost for Indian Students (INR) |
|---|---|---|
| Accommodation | 20,000 to 23,000 | 17-19 lakhs |
| Meals | 8,500 | 7 lakhs |
| Transportation | 2,200 | 1.8 lakhs |
| Health Insurance | 6,700 | 5.5 lakhs |
| Personal Expenses | 9,100 | 7.5 lakhs |
| Total | 47,000 to 50,000 | 38 to 41 lakhs (approx.) |
MS in Business Analytics in USA Scholarships
With tuition fees ranging as high as 90,600 USD (74.98 lakhs INR) per annum, scholarships are essential for Indian students pursuing MS in Business Analytics in USA. Some of the scholarships provide full tuition fee waiver and other expense coverage. A list of the popular scholarships for international students in USA pursuing MSBA in USA is provided below:
| Scholarship | Eligibility | Award Value |
|---|---|---|
| Fulbright Nehru Masters Scholarships | 4 year bachelor’s degree or a master’s degree, work experience of 3 years | Full tuition fees |
| AAUW International Fellowships | International students with US equivalent bachelor’s degree, already applied to the proposed institution | 20,000 to 50,000 USD |
| Inlaks Shivdasani Foundation Scholarship | Indian passport holders,Students born after January 1, 1992, Minimum overall grade: 65% | Up to 100,000 USD |
| Broker Fish International Student Scholarship | 500-1000 words essay | 1,000 USD |
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MS in Business Analytics in USA Placements
According to payscale, the average salary after MS in Business Analytics in USA is 75,000 USD (61.30 lakhs INR) per annum. A list of the popular jobs pursued by MS in Business Analytics graduates in USA according to Payscale is provided below:
| Profession | Average Salary (USD) | Salary for Indian Student (INR) |
|---|---|---|
| Data Analyst | 70,000 | 57.21 lakhs |
| Data Scientist | 91,000 | 74.38 lakhs |
| Analytics Consultant | 80,000 | 65.38 lakhs |
| Senior Business Analyst | 93,000 | 76.01 lakhs |
| Business Intelligence Analyst | 69,000 | 56.39 lakhs |
| Business Analyst | 66,720 | 54.53 lakhs |
Also Check: High Paying Jobs in USA for International Students
MS in Business Analytics in USA Return on Investment
The universities in USA provide excellent return on investment to international students pursuing MS in Business Analytics. Following are some of the top universities offering MS in Business Analytics in USA, and a comparison between their fees, and graduate salary:
| University | Total Tuition Fee (USD) | Average Graduate Salary Per Year (USD) |
|---|---|---|
| Massachusetts Institute of Technology | 86,300 | 115,000 |
| University of California, Los Angeles | 68,710 | 87,000 |
| University of Texas at Austin | 53,000 | 79,000 |
| University of California, San Diego | 90,586 | 85,000 |
| Purdue University | 56,700 | 80,000 |
| Michigan State University | 39,000 | 74,000 |
| University of Notre Dame | 57,300 | 84,000 |
Know More: Jobs After MS in USA
MS in Business Analytics in USA College Comparison
A comparison between some of the top universities in USA offering MS in Business Analytics is provided here:
| Particulars | Massachusetts Institute of Technology | University of California, Los Angeles | University of Texas at Austin |
|---|---|---|---|
| QS Rankings 2023 | #1 | #44 | #72 |
| Degree Requirement | 4 years undergraduate degree or 3 years equivalent | Undergraduate degree | Undergraduate degree in a quantitative field |
| GPA | 3.8/4.0 (92-93%) | 3.0/4.0 (83-86%) | 3.66/4.0 (90-92%) |
| TOEFL iBT Score | Minimum: 90 | Recommended: 100 | 87 | 79 |
| Standardized Test Score | GRE Quant: 165-170 | GRE Verbal: 154-167 | GMAT Score: 710 | GRE Score: 167 in quants | Competitive GRE or GMAT score (No bar) |
| Tuition Fee | 86,300 USD (70.59 lakhs INR) | 68,710 USD (56.2 lakhs INR) | 53,000 USD (43.35 lakhs INR) |
| Average Annual Graduate Salary | 115,000 (93.99 lakhs INR) | 87,000 (71.09 lakhs INR) | 79,000 (64.56 lakhs INR) |
MS in Business Analytics in USA is a program with high return on interest. An MS in Business Analytics from USA is globally appreciated by leading companies. With growing opportunities for Business Analysts across the world, MSBA in USA is a perfect choice for you to secure a great career ahead.
FAQs
Ques. Is MS in Business Analytics in USA worth it?
Ans. MS in Business Analytics in USA is one of the premium courses. The degree is recognized by the top employers in Business Analytics field. After graduating with MS in Business Analytics in USA, students can work as Data Scientist, Data Analyst, Analytics Consultant, Business Analyst and related professionals.
Ques. Which university is best for MS in Business Analytics in USA?
Ans. Massachusetts Institute of Technology is currently the best university in USA for MS in Business Analytics program. UCLA, UT Austin and Arizona State University are some of the numerous top ranked universities offering Masters in Business Analytics.
Ques. Is MS in Business Analytics a STEM course in USA?
Ans. Yes. MS in Business Analytics in USA is a STEM degree program. Being one of the top STEM courses in USA, MS in Business Analytics provides skillsets around data mining, data visualization, large data set analysis, statistical modeling and related fields.
Ques. Is GRE required for MS in Business Analytics?
Ans. Majority of the universities in USA for MS in Business Analytics require competitive GRE scores. Students need a GRE score of around 167 in verbal and quants to apply for admission. Alternatively, GMAT scores between 650 to 740 are accepted by few universities.
Ques. How much is the cost of MS in Business Analytics?
Ans. With tuition fees ranging from 39,000 to 90,586 USD (31.87 to 74.03 lakhs INR) the cost of MS in Business Analytics in USA widely varies across universities.
Ques. How long is Masters in Business Analytics in USA?
Ans. The duration of MS in Business Analytics in USA generally ranges between 8 to 12 months. The program is ideal for working professionals seeking an accelerated master’s degree.
Ques. Is MS in Business Analytics better than MBA in USA?
Ans. MS in Business Analytics is a program for students with interest in Data Science, Analytics and related industry, while, MBA in USA is a core program for students with overall interest in business administration. The average salary after MS in Business Analytics in USA is around 75,000 USD (61.30 lakhs INR) per annum according to Payscale. MBA graduates in USA earn an average salary of 90,000 USD (73.55 lakhs INR) per year, which is quite higher than MS in Business Analytics.
Ques. Does MS in Business Analytics in USA need coding?
Ans. Yes. Some of the top universities in USA requires extensive knowledge in programming languages like C, C++, HTML, Java, and Python. Students also need technical skills like Data Visualization, Data Cleaning, SQL, NoSQL, Machine Learning for some of the programs.
Ques. Who is eligible for MS in Business Analytics in USA?
Ans. For admission to MS in Business Analytics in USA, prospective students need a 4 year bachelor’s degree or its 3 year equivalent in a relevant program. Applicants need a minimum GPA of 3.0 to 3.66 out of 4.0 (83-92%), GRE score of 167 in verbal and quants or GMAT score between 650 to 740. International students must demonstrate a minimum TOEFL score between 79 to 105, SOP for USA (500 words), personal essay, 1-3 academic and professional LORs from supervisors. Students need coursework in programming and knowledge in languages like C, C++, HTML, Java, Python among others. Majority of the universities expect 1-2 years of full time work experience in relevant field. Some of the top universities like UT Austin, UC San Diego, University of Notre Dame and others accept students without work experience.
Ques. Are Business Analysts in demand in USA?
Ans. Right now, Business Analysts in USA are in high demand. Graduates in USA secure employment across companies like American Express, Capital One, AIG, Boeing, Morgan Stanley among others. The average salary of Business Analysts in USA is around 75,000 USD (61.30 lakhs INR) per year.
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