MS in Business Analytics in USA 2024: Fees, Top Universities, Requirements

MS in Business Analytics in USA 2024: Fees, Top Universities, Requirements

Edited By Porishmita Paul | Updated on Jul 11, 2024 12:33 PM IST

The MS in Business Analytics in USA or MSBA is a top emerging STEM programme in the USA. It offers the necessary skills required to apply modern data science and machine learning abilities to solve real-world business problems. As per the latest reports, the Business Analytics industry hired nearly 30% of the international graduates in MSBA in 2023.

MS in MSBA in USA is a 1-2 years degree course that offers education in specific areas such as data mining, statistical modeling, forecasting, and data visualisation which can be beneficial in ensuring a high success rate for any business. The cost of MS in Business Analytics in USA is around USD 50,400 annually in top-ranked world universities. Some popular universities offering top specialisations in MS in MSBA include Harvard, Stanford, MIT, and other top universities.

To apply for an MS in Business Analytics in USA, students should complete their undergraduate degree with a strong GPA. Many universities demand standardised test scores for GRE and GMAT to enrol overseas students. Candidates from non-native English-speaking countries need to demonstrate their ELP skills through IELTS or TOEFL scores. Read the complete article to learn more about MS in Business Analytics in USA 2024, fee structure, eligibility, documentation, job sectors, and more.

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MS in Business Analytics in USA Top Universities

As per the QS World University Rankings by Subject 2024, four US universities are listed among the top 10 world universities for MS in Business Analytics. Harvard University is ranked as the best university in the world for MS degrees in Business Analytics followed by Stanford and MIT.

MS in Business Analytics in USA Universities

Name of the University

QS Subject Ranking 2024

Harvard University

1

Stanford University

4

Massachusetts Institute of Technology (MIT)

5

University of Pennsylvania

7

University of California, Berkeley (UCB)

13

New York University

15

University of Chicago

16

Northwestern University

17

Columbia University

20

Yale University

25

MS in Business Analytics in USA Eligibility

International students dreaming of moving to US to study MS in Business Analytics need to cover all the eligibility requirements of the university as a part of their admission process. Students must demonstrate their eligibility to get selected for top specialisations. The common MS in Business Analytics in USA eligibility 2024 for international students are mentioned below:

  • Students must complete their bachelor’s or undergraduate degree or equivalent from recognised university.

  • Students must submit their academic transcripts depicting GPA records.

  • Candidates must qualify for the specific cutoff for the GRE or GMAT exams.

  • Applicants must have a prior professional work background with the university.

  • Qualification for English language proficiency tests like IELTS, TOEFL, PTE, and others is mandatory.

  • Students must submit an essay of intent or SOP for MS in Business Analytics in USA.

MS in Business Analytics in USA Fees

What is the fees of MSBA in USA? The average MS in Business Analytics in USA fees 2024 for international students is around USD 50,400 annually. The university ranking and the type of programme may influence the overall fee structure of the overall MSBA cost in USA.

Universities for MS in Business Analytics in USA with Low Fees

University Name

Tuition Fees

Oklahoma State University

USD 29,440 per year

Purdue University

USD 31,104

The University of Alabama

USD

University of North Dakota

USD 1,404 per unit

University of Wisconsin-Madison

USD 39,041 per academic year

DePaul University

USD 24,345

Cost of Living in USA

USA is an expensive study abroad destination for Indian students to study and live in. What is the average cost of living in the USA? The average living expense in US is Rs. 167000 per month for international students. The spending habits and course requirements of the students influence these costs.

Cost of Living in USA Per Month 2024

Elements

Monthly Expenses in USD

Accommodation

1500 - 3000

Commodities (electricity, heating, cooling, water, garbage)

100 - 300

Food & Groceries

60 - 150

Transportation (public transit)

150 - 200

Health insurance

200 - 500

Internet and phone

100

Books and Materials

1000 -2000

Personal or Miscellaneous expenses(other than books)

50-150

Entertainment

varies

MS in Business Analytics in USA Syllabus

The MS in Business Analytics in the USA primarily focuses on three key areas:

  1. Statistics

  2. Data Management

  3. Analytical Methodologies

A few top US universities offer education in elective subjects such as Finance, Accounting, Management Information Systems (MIS), Economics, Management, and Marketing to prepare students for real-world challenges.

MS in Business Analytics in USA Without GRE

Is GRE mandatory for MS in Business Analytics in the USA? No, GRE is not mandatory for MS in Business Analytics in USA. Students can study MSBA in USA without a GRE scorecard. Many universities enrol international students without GRE. However, top US universities like Harvard, MIT, Stanford, Yale, UCB, and others demand a good GRE score to evaluate the eligibility of the applicants. Universities offering MS in Business Analytics in USA without GRE are as follows:

  • University of Southern California (USC)

  • University of California, Davis

  • Northwestern University

  • Boston University

  • New York University (NYU)

  • University of Rochester

MS in Business Analytics in USA Without GMAT

Is GMAT required for MS in Business Analytics? Yes, GMAT is required to study MSBA in USA. However, it is possible to apply for Masters in Business Analytics course without GMAT scores. Students are advised to check whether to accept applications without GMAT or not before filling out the application.

Scholarships for MS in Business Analytics in USA

USA offers arius fully and partially -funded scholarships for international students that cover tuition fees and living expenses in the country. A few popular scholarships to study MSBA in USA are as follows:

  • Alm Family Scholarship

  • Jean Hopson Scholarship

  • Combs Celebrate Freedom Scholarship Fund

  • Marr-Wiseman Graduate Business Scholarship

  • Dingledine Scholarship for Positive Social Impact

  • Mary Reynolds Babcock Foundation Scholarships

  • Frisby Business Scholarship Marybeth and Rick Hays – Wiseman Scholarship

Jobs After MS in Business Analytics in USA

The Business Analytics industry in the USA has a market worth USD 30 billion. Therefore, learning the necessary skills of Business Analytics tools and methodologies can offer high-salaried job opportunities for international students. The average MS in Business Analytics in USA salary is approximately USD 95,000 per annum. Candidates with relevant work experience and prior internships can earn potential amounts in top hiring companies.

Jobs After MS in Business Analytics in USA for Indian Students

MS in Business Analytics in the USA Jobs

Approx Salary

Management Analyst

USD 77,470

Operations Research Analyst

USD 81,390

Mathematician

USD 71,569

Business Consultant

USD 77,433

Quantitative Analyst

USD 86,235

Business Management Analyst

USD 80,183

Data Scientist

USD 74,581

Also Read: Post-study work in USA for Indian Students

Frequently Asked Questions (FAQs)

1. Is MS in Business Analytics in USA good?

Yes, MS in Business Analytics in USA is good for international students. MSBA in USA offers various top universities for international students to study in. These universities are equipped with all the modern amenities, experienced faculties, and research facilities. Additionally, the employability rate of MSBA in USA is very high for various specialisations.

2. Which university is best for Business Analytics in the USA?

It is very difficult to determine the best university for Business Analytics in the USA. The selection of the best MSBA college USA is dependent on multiple factors like the course curriculum of the university, their  rankings, and other services. A few top-ranked MSBA for Business Analytics in the USA include Harvard, Stanford, MIT, and other universities.

3. What is the salary of MS in Business Analytics in USA?

The average salary of MS in Business Analytics in USA is approximately USD 95,000 per annum. The salary ranges are subjected to change depending on the factors like the employers, years of experience, and individual skills of the applicants.

4. Is GRE mandatory for MS in Business Analytics in USA?

No, GRE is not mandatory for MS in Business Analytics in USA. International students can apply to top MSBA universities in USA without a GRE test score. However, students must demonstrate their eligibility through other alternatives like GMAT or other means. 

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Questions related to

Get answers from students and experts

Hi there

Yes you can try to learn various courses that are for approximately 3 months to 6 months in duration.

Yes you can learn before going to us. Learning skills definitively adds some value to the life of a candidate and also improves in getting good recognition in life..

Below i have mentioned some courses  that you can try before visiting us:

  • Social media marketing
  • Content writer
  • Content creation
  • Video editing
  • Photography skills
  • Digital marketing
  • Stiching
  • Makeup artist course
  • Hairstyling course.

So these are some courses you can try.

Hope this answer will help you. Revert incase of any query.

Thank you and good luck:)

Hello Samarasimha,

YES, you can MS in UA after completing Bsc in Statistics. . All you have to do is score good marks in your PG and prepare for GRE. You should also decide upon the country and the university in which you are going to study.

Furthermore, the requirements to pursue MS in USA are as follows :

  • 3 to 4 years bachelors degree in relevant field.
  • 3.5 or higher GPA, equivalent to 87% in bachelors.
  • GRE score of 330 or above.
  • Statement of Purpose.
  • Research Internships/ Published Research Papers.
  • Project work/Seminars.
  • 2-3 Letter of Recommendation.
  • Social & Leadership Activities.

Further, requirements for Software jobs in USA are as follows :

  • Enroll in a software development program. The first step to becoming a software engineer is to enroll in a software development degree program. ...
  • Gain internship experience. ...
  • Choose your specialty. ...
  • Pursue industry certifications. ...
  • Continue your education.

I hope that this will help.

Dear aspirant hope you are doing well..

To study at foreign universities/abroad in U. S , the admission process will require the candidate to give one language exam and one standardized exam. However, depending on the country, course, college, or university you are applying for you may be exempted from standardized exams. The language test will showcase your English proficiency skills. These exams are required for pursuing almost all courses abroad. Different countries have different language exams such as

  • TOEFL exam for getting admission to the universities in the US and Canada. The score of this exam is valid for two years after the declaration of results
  • There are plenty of universities abroad where you can apply to do master-level course, MSc in statistics, MSc in Operation Research, and Applied Mathematics, MSc in Mathematical Modeling, etc are some of the Master level Course in Mathematics that are available abroad. Students who have completed their graduation or bachelor's degree in Mathematics can apply for these courses. Foreign universities like Uppsala University, Dublin City University, Oxford Brookes University, University of York, University of Liverpool, etc offer all the above-mentioned courses in mathematics.

Top university of The USA for master degree courses

  • John Carroll University
  • Missouri University of Science and Technology
  • Michigan State University
  • West Virginia University
  • Rhode Island College
  • University of Arkansas
  • Vanderbilt University
  • DePaul University
  • Delaware State University
  • Texas A&M University-Commerce
  • University of South Florida
  • California State University Northridge

You can get the detailed information about the process how to apply for MS in USA. read the given article. Link is given below

https://studyabroad.careers360.com/articles/how-apply-for-ms-in-usa/amp

Hope it's helpful for you..

Thank you

There are many ways to choose your university such as fees, the ranking of the university, which state it is located and scholarships. My suggestion is to choose your research focus and write academic papers. In the US, PhD in Commerce admission into the university depends on what you want to study (your area of research) and your already completed research papers. You can begin your research by searching online for US universities offering PhD in Business Administration. One example is University of California Los Angeles (https://www.anderson.ucla.edu/degrees/phd-program/admissions#app-req) .


Hello  Student

You are aBHM means Bachelor in Hotel Management so after doing BHM,to gain a bright future  inthis trade you have to do MSc in Hotel Management,post graduation in Hospitality Management,Master degree in travel and tourism management,or MBA in hotel management,AFter doing post graduation in Hotel management or travel and tourism management will give you the best return in employment opportunity.

Hope this will help.


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