The global demand for MS in business Analytics is expected to rise by 25% in 2030, indicating ample job opportunities for graduates in this field. But growth comes with intense competition, and the field of business analytics is no exception. Thus, to gain a competitive edge, students should pursue their MSBA from the top-ranking institutes in the USA. Whether you're considering a traditional on-campus program or an online MS in Business Analytics, studying in the USA offers hands-on experience, industry exposure, and real-world business problem-solving. Similarly, the information below aims to provide all the key details that will help you find top colleges, job prospects, curriculum, and potential salaries in this field of study.
Table of Contents
1. What Is an MS in Business Analytics?
2. Which Country Is Best for an MS in Business Analytics?
3. Which Is Better, an MBA or an MS in Business Analytics?
4. Is doing an MS in Business Analytics in the US worth it?
5. What is the salary of an MS in Business Analytics?
6. Does an MS in Business Analytics require coding?
Selecting the USA to pursue an MS in Business Analytics in USA offers compelling benefits because of its advanced teaching skills and high earning prospects. The key reasons for choosing the United States are as follows:
The USA is home to some of the world's most prestigious universities, which consistently rank among the top colleges globally, making it challenging for students to select the right institution for them. Therefore, below is a list of the top 10 universities for MS in business analytics in USA, which might help reduce your confusion when deciding the right one for you.
University Name |
Potential Annual Fee |
QS Ranking |
Massachusetts Institute of Technology (MIT) |
$91,250 (INR 78,76,469) |
#1 |
Stanford University |
$70,000 (INR 60,42,015) |
#3 |
Harvard University |
$51,500 (INR 44,45,196) |
#5 |
University of Pennsylvania |
$84,830 (INR 73,21,804) |
#11 |
University of California, Berkeley (UCB) |
$82,079 (INR 70,84,361) |
#12 |
University of Chicago |
$28,000 (INR 24,16,755) |
#21 |
Columbia University |
$71,170 (INR 61,42,874) |
#34 |
Northwestern University |
$34,000 (INR 29,34,591) |
#42 |
University of Michigan-Ann Arbor |
$66,625 (INR 57,50,583) |
#44 |
New York University |
$78,000 (INR 67,33,038) |
#55 |
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Before applying for any MSBA program in the USA, you should check the admission requirements to ensure a smooth application process. You can check out the general requirements to apply for an MS in Business Analytics, which are given below.
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The foremost factor that you need to consider when planning to study Master’s in business analytics USA is the expenses associated with studying there. Analysing these costs in advance can help you manage your budget effectively.
Below is detailed information regarding the tuition costs and living expenses of U.S. cities, along with scholarship options, to help you plan your finances.
The significant costs to study in USA are your tuition fees, which may vary according to several factors, such as the type of institute, degree program, and domain. The table below helps you gauge the average cost of pursuing an MSBA at institutes in the USA based on the degree you prefer:
Level of Degree |
Potential Tuition fee in Public Institute |
Potential Tuition fee in Private Institute |
Bachelor’s Degree |
$8,000 to $35,000 (INR 6,90,150 to INR 30,19,408) |
$25,000 to $50,000 (INR to INR) |
Master’s Degree |
$10,000 to $35,000 (INR 8,62,675 to INR 30,19,408) |
$22,000 to $55,000 (INR 19,00,764 to INR 47,51,911) |
Students can expect to spend approximately $ 1,500 per month while studying in the USA. The common costs include housing, publications, stationery, meals, leisure activities, transport and clothing. Let’s examine these outlays in detail, including specific costs.
Key Expenses |
Annual Average Costs (Per year) |
Accommodation |
$9,800 - $11,100 (INR 8,45,569 – INR 9,57,680) |
Health Insurance |
$700 - $1,100 (INR 60,395 – INR 94,905) |
Food |
$4800 - $7200 (INR 4,14,143– INR 6,21,215) |
Electricity Bills |
$1200 - $1500 (INR 1,03,535 – INR 1,29,419) |
Transportation Costs |
$3600 - $8400 (INR 3,10,550 – INR 7,24,617) |
Phone Bills |
$600 (INR 51,758) |
Stationery Expenses |
$900 - $2000 (INR 77,637 – INR 1,72,528) |
Clothes |
$500 (INR 43,132) |
Home Internet |
$550 (INR 47,445) |
Pursuing business analytics in USA can be expensive for international students, but to reduce these expenses, you can take advantage of various funding options. A few options that you can find are as cited.
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The MS in Business Analytics focuses on providing knowledge about business settings through a data-driven experience. It mainly involves three key areas: statistics, analytical methods and data control. The core curriculum and vital areas are as follows:
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An MS in Business Analytics degree can open up a wide range of exciting job opportunities for graduates. It may include data scientists, data analysts, and business consultants, which allows graduates to secure high-level job roles in top firms.
Below, you can read about the top recruiters and job profiles along with the salaries available for MSBA graduates.
Graduates can secure a job at top-notch global companies after completing their MSBA degree from U.S. institutions. These firms include consulting companies, financial institutions and technology corporations. Below are some of the top employers where you can apply.
Top Recruiters |
Average Salary Package |
|
$149,000 (INR 1,28,54,424) |
Deloitte |
$120,000 (INR 1,03,52,556) |
Mckinsey & Company |
$112,000 (INR 96,63,277) |
JP Morgan Chase |
$80,000 (INR 69,02,341) |
Amazon |
$87,000 (INR 75,06,296) |
Goldman Sachs |
$113893 (INR 98,26,087) |
UnitedHealth |
$80,000 (INR 69,02,341) |
Walmart |
$169,025 (INR 1,45,82,585) |
Apple |
$55,696 (INR 48,05,411) |
Bain & Company |
$285,000 (INR 2,45,89,600) |
Professionals with an MS in business analytics can pursue various career opportunities in a strong job market with competitive salaries. The most demanding job roles include business consultant, marketing analyst and data scientist. Below, you will find the common job roles with MS in Business Analytics salary amounts that you can expect to earn per year.
Job Opportunities After MS in Business Analytics |
Potential Salary (Per Year) |
Operations Research Analyst |
$81,390 (INR 70,23,248) |
Business Consultant |
$77,433 (INR 66,81,794) |
Data Scientist |
$74,581 (INR 64,31,529) |
Mathematician |
$71,569 (INR 61,72,002) |
Business Management Analyst |
$80,183 (INR 69,14,861) |
Quantitative Analyst |
$86,235 (INR 74,36,777) |
Management Analyst |
$77,470 (INR 66,80,896) |
Marketing Analyst |
$75,000 (INR 64,70,911) |
Supply Chain Analyst |
$77,000 (INR 66,43,467) |
Quantitative Specialist |
$86,000 (INR 74,19,976) |
Pursuing an MS in Business Analytics from a top U.S. university can unlock numerous opportunities for both personal and professional growth. Whether you're aiming to deepen your expertise in STEM fields or land a high-impact role with a global company, an MSBA degree can be your pathway to success.
To choose the right program aligned with your goals, it's important to have the right support—and that's where Gradding.com comes in. With expert guidance and innovative tools like the Course Finder and College Finder, Gradding helps you make well-informed decisions. Connect with our team today to find the best-fit university in the USA.
Ans. MS in business analytics refers to a Master's in Business Analytics, which is a graduate course that equips students with the knowledge and skills to evaluate data and utilise it for enhancing business decisions.
Ans. The United States is deemed the best country for a Master’s in Business Analytics. It has a few top colleges that include Harvard, Columbia University, Sloan School of Management and the University of California.
Ans. The choice between an MS and an MBA degree mainly depends on the career goals of an individual. However, if you are looking for a career in a data-driven or technical field, then an MS in business analytics is highly preferable. Moreover, individuals aiming for entrepreneurship or business roles can opt for an MBA degree.
Ans. Yes, pursuing an MS in Business Analytics from the US is considered a beneficial investment because of its strong career opportunities and increasing demand for proficient employees. A graduate can earn an average salary of $70,000 (INR 60,41,854) to $120,000 (INR 1,03,57,464) per year after completing an MS in business analytics in the US.
Ans. The initial salary for an MS in business analytics role in India may range between 3 Lakhs to 15 Lakhs each year, while in the US it can be up to $100,000 (INR 86,30,700) annually.
Ans. Yes, coding is usually required for an MS in Business Analytics. However, a few programs do not require any prior coding knowledge for admission, and the syllabus will possibly include courses with programming languages such as SQL and Python.
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