Top Business Analytics Colleges in USA: Top Courses, Fees, Scholarships and Scope Page 4

Pursuing a degree from Top Business Analytics Colleges in USA, the world's strongest economy, can prove to be beneficial without a doubt. Business Analytics is generally offered as a course by management colleges and is considered as a STEM degree. STEM courses are very popular among students looking to study abroad in USA, with at least 51.6% of students studying the same. Business Analytics aims to study past business and financial records with the help of statistics and data to analyze the present and forecast the future.

• Plenty of career options are available post-completion of a degree from a business analytics college in USA. Some of these include Business Analyst, Quantitative Analyst, Market Research Analyst, and Operations Research Analyst.
• An average salary of a Business Analyst ranges between 47,368- 141,590 USD per year. Business Analyst is the 26th most popular job in the USA as per Glassdoor survey with an average salary of 73,022 USD.
• With a masters in business analytics from USA, you can earn a 32% hike on your bachelor’s salary.
• Adding to this, Business Analysts earn an increment of 13% in 15 months against an average of 8% in other professions.

Professional growth of Business Analytics students in the USA

What after study in USA? Let’s take a snapshot of career progression in the USA for business analytics professionals:

As per the graph, it can be clearly noted that one can experience a hike of as much as 43%. So, there is an abundance of job opportunities in USA for students willing to enter business analytics colleges.

Top Business Analytics Colleges in USA

Some of the top business analytics colleges in USA include education giants like MIT, Cornell, etc. Based on the QS University Rankings 2020, given below are some of the top universities in USA offering business analytics programs at different levels:

Business Analytics in the USA: Specializations & Degree Types

Business Analytics is one of the upcoming courses in the USA and is a specialized professional degree course, therefore, further specializations available are a few. Some of the popular ones include:

• Applied Economics & Management.
• Operational Research & Management.
• Statistical & Predictive Analytics.
• Decision Analytics.

Read How to write SOP for USA

Business Analytics Colleges in USA: Undergraduate Programs

Some of the Business Analytics Courses are offered by globally ranked colleges (as per QS Rankings) in the USA. The duration is four years, mostly. Following are the courses to study in USA are mentioned below:

Business Analytics Colleges in USA: Eligibility for Bachelors 

There are certain basic criteria that an international applicant has to fulfill to study undergraduate courses at top business analytics colleges in USA. 

• Academic transcripts of 10+2 with an average GPA of 3.0 or a grade B. 
• Proof of English language proficiency through one of the following exams:
  • IELTS - 7.0
  • TOEFL(iBT)- 80
  • TOEFL(PBT)- 600
  • PTE - 70
• Most colleges in USA would also require undergraduate applicants to submit SAT/ACT scores. Average scores of about 1230 for SAT Reasoning or 25 for ACT might be required.

Documents Required

• Academic transcripts from all higher education institutions attended
• Recommendation from teachers or counselor 
• Statement of Purpose or Essay
• Proof of funds to manage your course fees.
• Valid ID proof, passport, and few passport-sized photographs.

Business Analytics Colleges in USA: UG Fees & Fundings 

Well, studying in the USA is not a cheap affair. The average course fees to study Bachelors in Business Analytics is 34,000 - 52,000 USD/year. Apart from the course fees, you will also have to cater to the cost of living. But, not to worry, there are a variety of scholarships for international students in USA.

Business Analytics Colleges in USA: Postgraduate Programs

An MS in Business Analytics in USA is a lucrative degree as a job-seeking student can earn an average hike of 32%. The duration of the masters program ranges between 9 months- 2 years. Some top colleges which specialize into Masters in Business Analytics as per latest QS Rankings are:

Other popular Masters in Business Analytics courses include Masters in Professional Studies(Statistical Analysis & Data Science) at Cornell University; Master of Science in Analytics at the University of Chicago, etc.

Business Analytics Colleges in USA: Eligibility for Masters 

The general criteria for graduate admissions at top business analytics colleges in USA include:

• A 4-year bachelor’s degree with grades 3.0 GPA(83-86% or grade B) and above or equivalent.
• Proof of standardized exams such as GRE/GMAT might be required at some of the universities.
• International students need to provide proof of English language proficiency through one of the following exams: 
  • IELTS - 7.0
  • TOEFL(iBT)- 80
  • PTE - 70
• Few universities also require students to provide 2-5 years of work experience.
• Interview (at some universities)

Documents Required

• Academic transcripts from all educational institutions attended.
• 2-3 LORs from professors and last employers
• Resume
• Statement of Purpose for MS
• Financial statements to prove the availability of funds 
• Valid ID proof, passport, and few passport-sized photographs 

Business Analytics Colleges in USA: PG Fees & Funding 

Well, a Master’s degree in Business Analytics will cost between 34,000 - 77,000 USD. Despite that, you can easily earn between 80,000 - 100,000 USD per year. Scholarships available to Indian students in USA are exclusive as well. This will cover your tuition costs and, to some extent, your cost of living as well. In some cases, you may get paid a stipend additionally on account of an exemplary display of merit.

Business Analytics Colleges in USA: Graduate Certificate Courses

Renowned for its graduate schools standing out in comparison with other contemporary countries, USA also offers a variety of PGD and PG certificates in Business Analytics. Mentioned below are a few certificate courses offered at top business analytics colleges in USA which you may pursue with a bachelor’s degree and some work experience:

Business Analytics Colleges in USA: Doctoral Programs

Beyond Master’s, you will come across Doctorate or Ph.D. study in Business Analytics. The USA spends more than 543 billion USD on research, so there is a lot of scope for Doctorate & Ph.D. students. Business analytics colleges in USA offer Ph.D. programs for a duration of 3-4 years:

Business Analytics Colleges in USA: Eligibility for Ph.D.

If you want to pursue a Doctorate or Ph.D. at top business analytics colleges in USA, you will need to fulfill the following criteria as mentioned below:

• A postgraduate degree, along with a Bachelor’s degree with good scores.
• You will also need GRE/GMAT scores.
• Along with that, proof of English language proficiency through one of the following tests:
  • IELTS - 7.5
  • TOEFL(iBT)- 100
  • PTE - 75
•  Work experience of about 3-5 years

Documents Required

• Academic transcripts from all previous qualifications
• 2- 3 letters of recommendation are required
• Statment of Purpose or Essay
• Research proposal
• Resume 
• valid ID proof and passport

Business Analytics Colleges in USA: Ph.D. Fees and Funding 

Well, in many cases, a doctorate degree is chargeable to the extent of 70,000 USD per year, however, the college or university authority will also provide you financial assistance in the form of stipend, scholarships, and apprenticeship, which will reduce your cost drastically. Some of the Ph.D. colleges mentioned above will cover almost the entire of your tuition fees, health insurance and will pay a stipend as well. In case, TAs or stipend is not enough to cater to your expenses, international students can avail loans for pursuing studies in USA.

Business Analytics Colleges in USA: Scholarships Offered

To study abroad, financial aid is very critical for any student. Students spend lakhs to fulfill their career goals. It is also sometimes challenging to avail of the benefits because of various stringent criteria associated with a scholarship program. But in the USA, you will find several such scholarships, and the process of application is quite transparent. Let’s list a few scholarships below as information to you:

Search for more scholarships available for international students in USA, here.

Business Analytics Colleges in USA: Career Scope

There are currently 806,400 business analysts in the United States. You can expect the business analyst job market to grow by at least 14.3% until 2026. Over ten years, there will be a requirement of at least 120,400 business analysts in the country. Suggesting a huge scope if you pursue a degree from a top business analytics colleges in USA.

• Skills required:
  • Excellent communication skills are the most important quality that you must possess.
  • You must be a problem solver.
  • There must be an ability to think critically.
  • One must be able to analyze a live situation.
  • You must be well versed in statistics, data analytics, and other business analytics tools.
  • The ability to build relationships with external and internal customers is another essential skill to have.
  • Must be able to self-manage and contribute independently.
• Work Experience:
  • A pre-qualification work experience in a relevant field is always a plus point when you are taking admission to a business analytics college in USA. It will also help you during placements post-completion of the degree.

Given below are certain job opportunities in USA post completion of Business Analytics course:

The image below compares some of the top-paying states of USA, for business analytics professionals:

Business Analytics in the USA is one of the most popular courses as it is related to STEM subjects. At least 5-6 universities/colleges in the USA rank among the top 20 colleges in the world in Business Analytics study.

USA is a popular study abroad destination has over a million international students traveling to fulfill their career dreams. With a high expenditure on R&D, USA also has a lot of scope for Doctorate & Ph.D. students. Cushy median salaries, excellent work culture with lots of diversity, and many attractive holiday getaways make the USA a favorite study destination for many. So, if you have made up your mind to study Business Analytics, do consider studying in USA.