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online ms in business analytics

Updated at : April 5, 2024

Online MS Degree In Business Analytics

An online master of science in business analytics equips you with the analytical strategy development methods to scale up your finances using concepts of data science. Other than graduate students, this particular online program is pursued by business professionals to cope with the latest trends in the field. The technical learning outcomes of this course provide better business results to learners.

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Universities

1

Duration

18 - 24 Months

Eligibility info

Graduation with min. of 50% marks

Business analytics is a unison of 2 majors, i.e., business & data science, that equips you with data analysis technologies to improvise your business profits. In a master of science course in the same specialization, you learn the detailing of the data analyzing process in financial aspects.  

The online accessibility of the Master of Science in Business Analytics has made it feasible for fresh graduates & working professionals to pursue their higher education in this domain. Even if you hold years of experience in the business field, you can still scale up your benefits through the technical learnings of this program.

The curriculum of this program is designed by incorporating topics from both fields, i.e., business & data science. Apart from informational knowledge, the practical applications of the concepts are quite vital to have a long-term career in the business domain. 

Above all, the technical tool training, capstone projects, & case studies provide you with deeper industry insights to make you aware of the real work scenario in industries. The additional benefit of pursuing an online MS in business analytics is the career guidance services that include mock interviews, mentorship sessions, job portal development, etc. 

Key Highlights of Online MS in Business Analytics

  • Get equipped with the newest data processing technologies in an online learning format along with your job. 
  • Resolve your conceptual doubts with expert & faculty interaction in online lectures to improve your understanding of practical implementations.
  • Learn through an updated course curriculum to understand the dynamic trends of the business finances & the financial data analyzing techniques.
  • Enhance your learning via digitally available academic resources like past projects, recorded lectures, & e-books on the 24*7 accessible Learning Management System (LMS).
  • Earn advanced tool training on the latest software to improvise your efficacy at work.
  • Learn the data collection, processing, & analyzing techniques to optimize the financial growth of your organization/business.
  • Develop deep industry insights via capstone projects & real-time case studies.
  • Improve your career benefits through AI-powered resume-building tools, one-on-one career mentorship sessions, mock interviews, etc.
  • Become a part of an elite alumni network & extend your career opportunities to the global level.
  • Earn a master’s degree post-completion of the program & advance your career options.

Syllabus of Online MS in Business Analytics

The course design of this online program is designed in a way that makes you form a bridge between your conceptual understanding & the practical implementations. The tools covered in this course structure are vital in understanding new business development methods.

The main subjects involved in this program are decided by the eminent faculty panel of the universities. However, some common topics that you will learn in this course are mentioned below.

Data Analysis for Managers

Foundations of Business Analytics

Business Intelligence

Big Data Ecosystems

Advanced Statistical Analysis with R

Advanced Statistical Analysis with Python

Predictive Analytics

Capstone Project

Eligibility Criteria for Online MS in Business Analytics

The minimum eligibility criteria that you must fulfill to pursue an online Master of Science in Business Analytics course are listed below.

  • Graduation or equivalent from an accredited university in any discipline.
  • A minimum of 50% marks in the last qualifying degree.
  • Professional fluency level in the English Language.

Online MS in Business Analytics Course Duration

The online Master of Science in Business Analytics is a 15-24 months long degree course. This range is provided based on the duration of this course at most universities. The specific period decided by the universities to complete this course also varies with the curriculum design of this program. 

Admission Process for Online MS in Business Analytics

The enrollment process for this online master’s course is quite simple & can be completed in just a few simple steps. Some universities conduct entrance exams & a score of minimum passing marks in that exam is needed to be eligible for this program. In that case, the below-mentioned steps are applicable only after clearing the entrance exam.

  • Step 1: Access the admission portal to fill out the application form for this particular program.
  • Step 2: After filling out your fundamental details in the application form, submit it. Upload your academic & professional certificates for the credibility of the details provided in the form.
  • Step 3: In case of entrance exams, clear the university-specific or common eligibility tests to proceed with the admission process.
  • Step 4: After the shortlisting procedure, submit your SOPs, LORs, resume, cover letters, transcripts, & other relevant documents to validate your potential for the program.
  • Step 5: As a review process, the admission committee of the university might also call you for a personal virtual interview. 
  • Step 6: After cracking the interview, the university will send you the offer letter confirming your admission to the course with the details of the program fee to be deposited.
  • Step 7: The fee payment will ensure your admission to the course & you will get your personalized student credentials from the university right after that.

Career Scope After Getting an Online MS in Business Analytics

With the abundance of job opportunities in the field of business analytics, an online MS course in the same major can make you achieve your professional goals. The ability to merge data analytics tools & techniques for financial statement analysis makes you the best fit for the industry. 

The job roles available after completion of this program involve different sectors like accounting, finance, supply chains, revenue management, digital marketing, risk management, & many others. Some of the job positions available in the above-mentioned sectors are provided here.

Business Analyst

Market Research Analyst

Statistician

Application Architect

Chief Data Officer

Data Analyst

Let's clear up some doubts about Online MS (Master of Science) in Business Analytics

A master of science in business analytics can provide you with new & many career opportunities at high ending packages. The exponential growth rate of this domain makes it one of the most sought-after PG programs.

An online master of science in business analytics course can be pursued by fresh graduates & working professionals. Work experience is not a mandate but is preferred by certain universities.

Both master's programs have technical foundations & equip you with different aspects of tools & technologies. In business analytics, you learn about business optimization tools & methodologies while in computer science, you develop a deep understanding of software development.

In the direction of making quality education accessible to all, most universities provide easy payment options like EMI for online Master of Science in business analytics courses.

The salary package in India for business analytics professionals ranges between 1.9 to 24.4 LPA with an average package of 7 LPA.

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