MS in Business Analytics is a full time program for 1 year. Candidates need to have a GPA of 3.5 on an average out of 4. Different universities have different requirements for the candidates. Candidates need to clear 4 year bachelor’s degree or 3 year equivalent course. The average tuition fees for MS in Business Analytics is around 50,000 USD (INR 4109370). The candidates need to have English proficiency test scores like IELTS. Many well known companies hire candidates who cleare MS in Business Analytics in USA. They include American Express, AIG, Boeing etc. The average salary provided is around 61 lakhs per annum. MS in Analytics in USA offers courses like MS in Data Analytics in USA,Masters in Business Analytics USA etc.
MS in Business Analytics in USA Highlights
| 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) Minimum IELTS: 6.5 or higher (university specific) |
| Standardised Test Results | GRE: 167 GMAT: 640 to 750 |
| 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
Candidates should check why they can opt for MS in business analytics in USA. Few of the reasons are:
- MS in Business Analytics in USA 99,400 management analyst job vacancies are available yearly.
- Brands, such as Amazon, Apple, etc., have headquarters looking for MSBA graduates.
- 16% growth in business analytics jobs by 2024.
- Highly paid salary range from ?40 lakh to 67 lakh for Masters in business intelligence USA.
- MS in Business Analytics in USA offers lucrative career opportunities and high return on investment
MS in Business Analytics in USA vs MS in Data Science
| Parameters | MS in Business Analytics | MS in Data Science |
| GRE Requirement | GRE waved Off in most universities | 280-320 |
| IELTS Requirement | 6 and above | 7.5 and above |
| TOEFL Requirement | 90 and above | 100 and above |
| Job Outlook (2020-2030) | 16% increment | 14 % increment |
| Average Annual Salary | 1,10,000 USD (INR 90,69,555) | 80,000 USD (INR 65,95,972) |
Best Universities in USA for MS in Business Analytics
The university and MS in business analytics in USA fees are:
| University name | Fees in USD per year |
|---|---|
| Massachusetts Institute of Technology | USD 86,300 (INR 71,13,639) |
| University of California, Los Angeles | USD 33,238 (INR 27,39,781) |
| University of Texas at Austin | USD 24,516 (15 credit hours) (INR 20,20,834) |
| University of California, San Diego | USD 71,712 (INR 59,11,162) |
| Purdue University | USD 56,700 (INR 46,73,735) |
| Michigan State University | USD 54,616 (INR 45,01,953) |
| University of Notre Dame | USD 60,734 (INR 50,06,255) |
| University of California, Davis | USD 60,104 (INR 49,54,324) |
| University of Rochester | USD 73,000 (INR 60,17,331) |
| University of Cincinnati | USD 24,296 (INR 20,02,699) |
| University of Michigan | USD 64,063 (INR 52,80,661) |
| Arizona State University | USD 78,610 (INR 64,79,759) |
| University of Maryland | USD 62,169 (INR 51,24,540) |
Admission Process
Candidates need to provide relevant documents for admission. MS in business intelligence and analytics in USA requires few specific details. The list of documents to take admission in the MSBA in USA are:
- Academic transcripts - certificates, mark sheets of high school, graduation, and postgraduation.
- Scores of entrance examinations like GRE, GMAT, SAT, ACT, and others.
- English language proficiency test scores.
- Minimum two letters of recommendation by a US university.
- A well-drafted SOP.
- A valid passport and identification proofs.
- Updated resume is important.
- Prior work experience may help waive the need for GRE test scores.
- Two passport size photographs
- All universities has an application fee.
- The fee payment acknowledgement slip to confirm the application.
MS in Business Analytics in USA Eligibility
- Students need to have a good GPA in their bachelor’s degree and high school.
- Students can opt for MS in business analytics in USA without GRE
- Most US universities that offer business analytics courses have a minimum GPA requirement of 3.0-4.0 on the 4.0 GPA scale.
- Good English language skills for non-native English speakers to study in English-speaking countries.
- Updated resume with some prior job experience is important
- Passport, identification proof, and financial proof are essential.
- 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%).
- GRE score of 167 in quants across various universities.
- The average GMAT score range between 640 to 750.
- TOEFL score required for MS in Business Analytics in USA varies between 79 to 105
- Detailed SOP ideally around 500 words.
- A personal essay within the word limit stated by a specific university
- 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.
Admission Documents Requirement
Along with your online application, you also require to submit a few set of documents as requested by the university. Ensure the below is checked:
- Statement of Purpose
- Two letters of recommendations
- All official transcripts
- Video essay
- GMAT/GRE scores
- English language proficiency test scores
- Work experience proof
- CV/Resume
- Application fee payment proof
- Official sponsor statements
Application Fee for MS in Business Analytics in USA
| University name | Application Fee |
|---|---|
| Massachusetts Institute of Technology | USD 250 (INR 20,611) |
| University of California, Los Angeles | USD 155 (INR 12,779) |
| University of Texas at Austin | USD 90 (INR 7,420) |
| University of California, San Diego | USD 155 (INR 12,779) |
| Purdue University | USD 75 (INR 6,183) |
| Michigan State University | USD 75 (INR 6,183) |
| University of Notre Dame | USD 75 (INR 6,183) |
| University of California, Davis | USD 125 (INR 10,305) |
| University of Rochester | USD 90 (INR 7,420) |
| University of Cincinnati | USD 65 (INR 5,359) |
| University of Michigan | USD 100 (INR 8,244) |
| Arizona State University | USD 115 (INR 9,481) |
| University of Maryland | USD 75 (INR 6,183) |
Application Deadline for MS in Business Analytics in USA
| University name | Application Deadline |
|---|---|
| Massachusetts Institute of Technology | Closed (New session To Be Announced) |
| University of California, Los Angeles | January 13, 2023 Round 1 (Closed) March 10, 2023 Round 2 (Closed) May 31, 2023 Round 3 (Closed) |
| University of Texas at Austin | Class of 2024 application (Closed) Class of 2025 application will open August 28, 2023 |
| University of California, San Diego |
Final International Deadline: March 15, 2023 (Closed) |
| Purdue University |
Final International Deadline: April 1 (Closed) |
| Michigan State University | Round 1: May 1 (Closed) Round 2: July 1 Round 3: August 15 |
| University of Notre Dame | Round 2: Jan. 10, 2023 (Closed) Round 3: Mar. 14, 2023 (Closed) Round 4: May 2, 2023 (Closed) |
| University of California, Davis | Round 1: Oct 05, 2022 (Closed) Round 2: Nov 02, 2022 (Closed) Round 3: Jan 11, 2023 (Closed) Round 4: Mar 01, 2023 (Closed) |
| University of Rochester | Fall Semester: June 15 Spring Semester: December 15 |
| University of Cincinnati | March 31, 2023 (Closed) |
| University of Michigan | Round 1: Sep 2, 2022 (Closed) Round 2: Nov 4, 2022 (Closed) Round 3: Jan 6, 2023 (Closed) |
| Arizona State University | Round 1: Oct 1, 2022 (Closed) Round 2: Dec 1, 2022 (Closed) Round 3: Feb 1, 2023 (Closed) |
| University of Maryland | January 15 (Priority deadline for international candidates) (Closed) February 15 (Closed) March 10 (Final deadline for international candidates) (Closed) April 1 (Closed) |
MS in Business Analytics in USA Requirement
The admission for MS in business analytics in USA requirements are:
| University | GMAT/GRE score Requirement | ELP Score Requirement |
|---|---|---|
| Massachusetts Institute of Technology | GRE Quant Range: 165-170 GRE Verbal Range: 154-167 | TOEFL IBT: 90 IELTS: Minimum 7 |
| University of California, Los Angeles | GMAT Score: 710 GRE Score: 167 in quants | TOEFL IBT: 87 IELTS: Minimum 7 |
| University of Texas at Austin | GRE and GMAT Waived Off |
TOEFL: 90 |
| University of California, San Diego | GRE and GMAT Waived Off | TOEFL IBT: 83 IELTS: Minimum 7 Duolingo English test: Minimum score of 115 |
| Purdue University | GRE and GMAT Waived Off | TOEFL IBT: 80 IELTS: Minimum 6.5 Duolingo English test: Minimum score of 115 |
| Michigan State University | GRE and GMAT Waived Off | TOEFL IBT: 79 IELTS: Minimum 6.5 Duolingo English test: Minimum score of 110 |
| University of Notre Dame | GMAT score: 640-750 | TOEFL iBT: 100 or higher IELTS: 7.5 or higher Duolingo English Test (DET): 120 or higher PTE Academic: 70 |
| University of California, Davis | Average GRE quant score: 167 | TOEFL iBT: 80 or higher IELTS: 7 or higher Duolingo English Test (DET): 115 or higher |
| University of Rochester | GRE and GMAT Waived Off | TOEFL iBT: 100 or higher IELTS: 7.5 or higher Duolingo English Test (DET): 120 or higher |
| University of Cincinnati | GRE and GMAT Waived Off | TOEFL iBT: 66 or higher IELTS: 6 or higher |
| University of Michigan | GRE and GMAT Waived Off | TOEFL iBT: 84 or higher IELTS: 6.5 or higher |
| Arizona State University | GRE and GMAT Waived Off | TOEFL iBT: 80 or higher IELTS: 6.5 or higher Duolingo English Test (DET): 105 or higher PTE Academic: 60 |
| University of Maryland | GRE and GMAT Waived Off | TOEFL iBT: 80 or higher IELTS: 7 or higher |
Candidates can also proceed to study MS in business analytics in USA without GMAT. This is as per the requirements of the university which provides Business analytics courses in USA.
MS in Business Analytics in USA Expense
Top colleges offers best MSBA programs in USA. Other than tuition fees, candidates also need to keep in mind other expenses. They are:
| Major elements | Average Expenses per Month (INR) |
|---|---|
| Food | USD 150 - 200 (INR 12329 - 16439) |
| Accommodation | USD 1200 (INR 98635) |
| Transportation | USD 150 - 300 (INR 12329 - 24658) |
| Personal expenses | USD 300 - 600 (INR 24658 - 49317) |
| Health insurance | USD 500 - 750 (INR 41098 - 61647) |
MS in Business Analytics in USA Scholarships
There are multiple scholarships provided for MS in Business Analytics in USA. The details of the scholarships are:
| University name | Scholarship Name | Eligibility | Amount |
|---|---|---|---|
| Massachusetts Institute of Technology | Guaranteed Transitional Support | students who wish to change advisors or research groups | Amount varies |
| University of California, Los Angeles | Charles F. Scott Fellowship | Graduate students with baccalaureates from UCLA | $15,000 (INR 12,36,570) in tuition fees |
| University of Texas at Austin | Dean’s Prestigious Fellowship Supplement | competitive, prestigious external fellowships that recognize the student’s academic achievements. | $15,000 (INR 12,36,570) |
| University of California, San Diego | Charles F. Scott Fellowship | Candidates must be enrolled in a course that prepares them for leadership in national, state or local governmental administration. | $15,000 each (INR 12,36,570) |
| Purdue University | Acumen Global Fellows Program | Business experience, Committed to helping the poor, Min. 4 years of work experience | Amount varies |
| Michigan State University | Graduate School Fellowships for Travel, Research Enhancement, and Emergencies | All masters and PhD students are eligible | Pays for Travel and Research needs |
| University of Notre Dame | University Fellowships and Assistantships | All masters and PhD students are eligible | $25,106 to $36,000 (INR 20,69,506 – 29,67,507) |
| University of California, Davis | Berkeley Haas Scholarships | Excellence, advocacy and commitment in Academic Preparedness, Gender Equity, Leadership, LGBTQ and many more. | Amount varies |
| University of Rochester | FAFSA (Free Application for Federal Student Aid) | Students based on Merit | Specific percentage of tuition costs |
| University of Cincinnati | Graduate Incentive Award | The GIA is for graduate students who are not graduate assistants, and therefore no service is required in return for the award. | All or part of a full-time or part-time student's tuition and certain fees |
| University of Michigan | Dean’s Impact Scholars | Highly-select group of admitted students based on merit | full-tuition scholarship, an annual stipend to support their educational travel, leadership development experiences, and non-tuition expenses |
| Arizona State University | Scholarship by Society of Women Engineers | Female students pursuing a degree in engineering discipline and have a GPA of 3.5 on 4.0. | Valued at more than 500,000 USD (INR 4,11,03,000) |
| University of Maryland | International Graduate Research Fellowships | supports students who are interested in conducting collaborative research abroad with international colleagues. | Amount varies |
Jobs After MS in Business Analytics in USA
The jobs offers MS in business analytics in USA salary which is high as per the market standard. The MSBA USA salary range are:
| Job Type | Salary Per Year |
|---|---|
| Business Analyst | 101,911 USD (INR 83,54,694) |
| Financial Analyst | 86,902 USD (INR 71,24,252) |
| Data Scientist | 74,581 USD (INR 61,14,172) |
| Management Analyst | 77,470 USD (INR 63,51,013) |
| Business Data Analyst | 74,116 USD (INR 60,76,051) |
Top Recruiters for MS in Business Analytics in USA
| Company | Salary Range |
|---|---|
| BCG (Boston Consulting Group) | USD 87,000 -196,000 ( INR 7132286 - 16068138) |
| McKinsey & Company | USD 56,000 -200,000 ( INR 4590896 - 16396060) |
| IBM | USD 73,000 -99,000 ( INR 5984561 - 8116049) |
| Amazon | USD 87,000 -118,000 ( INR 7132286 - 9673675) |
| USD 111,000 -279,000 ( INR 9099813 - 22872503) | |
| Apple | USD 55,696 -140,466 ( INR 4565974 - 11515444) |
| USD 83,904 -1,20,000 ( INR 6878475 - 9837636) | |
| PayPal | USD 52,619 -112,335 (INR 4313721 - 9209257) |
ROI of the Top Colleges for MS in Business Analytics in USA
The return on investment is calculated based on the amount spent and salary received. The top universties are:
- University of Texas at Austin
- Michigan State University
- Purdue University
| University name | Fees in USD per year | Average Cost of Living | Total Cost | Average Salary | ROI% |
|---|---|---|---|---|---|
| Massachusetts Institute of Technology | USD 86,300 (INR 71,13,639) | USD 30,000 (INR 24,73,140) | USD 1,16,300 | USD 1,10,000 | 94% |
| University of California, Los Angeles | USD 33,238 (INR 27,39,781) | USD 30,000 (INR 24,73,140) | USD 63,238 | USD 1,10,000 | 173 |
| University of Texas at Austin | USD 24,516 (15 credit hours) (INR 20,20,834) | USD 30,000 (INR 24,73,140) | USD 54,516 | USD 1,10,000 | 200% |
| University of California, San Diego | USD 71,712 (INR 59,11,162) | USD 30,000 (INR 24,73,140) | USD 1,01,712 | USD 1,10,000 | 108% |
| Purdue University | USD 56,700 (INR 46,73,735) | USD 30,000 (INR 24,73,140) | USD 86,700 | USD 1,10,000 | 126% |
| Michigan State University | USD 54,616 (INR 45,01,953) | USD 30,000 (INR 24,73,140) | USD 84,616 | USD 1,10,000 | 129% |
| University of Notre Dame | USD 60,734 (INR 50,06,255) | USD 30,000 (INR 24,73,140) | USD 90,734 | USD 1,10,000 | 121% |
| University of California, Davis | USD 60,104 (INR 49,54,324) | USD 30,000 (INR 24,73,140) | USD 90,104 | USD 1,10,000 | 122% |
| University of Rochester | USD 73,000 (INR 60,17,331) | USD 30,000 (INR 24,73,140) | USD 1,03,000 | USD 1,10,000 | 106% |
| University of Cincinnati | USD 24,296 (INR 20,02,699) | USD 30,000 (INR 24,73,140) | USD 54,296 | USD 1,10,000 | 202% |
| University of Michigan | USD 64,063 (INR 52,80,661) | USD 30,000 (INR 24,73,140) | USD 94,063 | USD 1,10,000 | 116% |
| Arizona State University | USD 78,610 (INR 64,79,759) | USD 30,000 (INR 24,73,140) | USD 1,08,610 | USD 1,10,000 | 101% |
| University of Maryland | USD 62,169 (INR 51,24,540) | USD 30,000 (INR 24,73,140) | USD 92,169 | USD 1,10,000 | 119% |
MS in Business Analytics is a very common course among international students. This helps the candidates grow their careers in their desired field like MS in Data Analytics in USA. The return on investment of studying in US universities is also high.
FAQs
Ques. Is MS in Business Analytics in USA good?
Ans. MS Business Analytics is one of the most sought-after programs in the USA. It is ranked among the top courses in USA. Hence, MSBA in USA is good.
Ques. What is the salary after MS in Business Analytics in USA?
Ans. The average salary for MS in Business Analytics in USA ranges between 66,500 to 191,000 USD (55.01 lakhs to 1.58 lakhs INR) per annum based on skills, experience, and location.
Ques. Who can do 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.
Ques. How long is MS in Business Analytics in USA?
Ans. The program MSBA is usually 1-2 years long.
Ques. Is GRE mandatory for MS in Business Analytics in USA?
Ans. It is not mandatory for the candidates to have GMAT scores for Ms in Business Analytics in USA.
Ques. Is Business Analytics a STEM course in USA?
Ans. Business analytics is a STEM program.
Ques. Which MS course has highest salary in USA?
Ans. Robotics, Engineering, Computer Science, and Data Science are the most lucrative and high-paying occupations in the US after pursuing an MS degree.
Ques. Which is better MBA or MS in Business Analytics?
Ans. If you're looking forward to becoming a specialist in Business Analytics, nothing is better than an MSc. An MBA helps you develop general management skills, along with some knowledge in data analytics. An MSc goes in-depth into data analytics. So whether you choose an MBA or an MSc.
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