Top Colleges for MS in Business Analytics in USA: A Comprehensive Guide
In this guide, we’ll cover everything you need to know about the top colleges for MS in Business Analytics in USA, from tuition fees to average starting salaries.
As the demand for professionals adept at interpreting, manipulating, and using data for strategic decision-making soars, a Master of Science in Business Analytics (MSBA) has become one of the most sought-after graduate degrees. The USA stands at the forefront of this field, offering some of the best programs in the world. With their cutting-edge curriculums, advanced technology, and direct industry connections, the top colleges for MS in Business Analytics in USA provide students with the necessary tools to thrive in the analytics domain.
In this guide, we’ll cover everything you need to know about the top colleges for MS in Business Analytics in USA, from tuition fees to average starting salaries.
Why Pursue an MS in Business Analytics?
Businesses today increasingly rely on analytics to gain insights and make data-driven decisions.
According to recent studies, 97% of organizations are investing in big data and artificial intelligence (AI), and data scientist roles have grown by 650% between 2012 and 2023. These numbers reflect the growing demand for professionals in these fields.
Moreover, the average duration of an MSBA program is between 12-24 months, and 89% of graduates find employment within three months of completing their degree.
The median starting salary for MSBA graduates in the USA is $85,000, with many graduates earning significantly more depending on the industry and location.
Top MSBA Colleges in the USA
Here’s a closer look at some of the top colleges for MS in Business Analytics in USA that you can consider this year and beyond:
Columbia University – Business School
Located in New York City, Columbia Business School stands among the top colleges for MS in Business Analytics in USA. Its MSBA program is known for its multidisciplinary approach, integrating data analytics with business strategy.
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Program Duration: 12 months
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Full-Time MSBA Tuition Fees: $85,032
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Average Starting Salary: $100,573
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Average GMAT Score: 730
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Key Industries: Technology (22%), Financial Services (51%)
Graduates from Columbia often land high-paying jobs, especially in finance and technology sectors. The school’s strong ties to New York City’s financial hub give students ample networking opportunities.
University of Texas at Austin – McCombs School of Business
The McCombs School of Business at the University of Texas offers a 23-month MSBA program that is both affordable and comprehensive.
Known for its emphasis on practical experience, McCombs gives students opportunities to work on real-world data analytics projects.
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Program Duration: 23 months
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Full-Time MSBA Tuition Fees: $53,000
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Average Starting Salary: $97,000
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Average GMAT Score: 704
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Key Industries: Technology (29%), Consulting (23%)
McCombs is considered one of the best programs for those who wish to blend business analytics with leadership skills. Its tuition is also one of the more affordable among the other listed top colleges for MS in Business Analytics in USA.
University of Michigan – Ross School of Business
The Ross School of Business at the University of Michigan offers a 12-month MSBA program designed to equip students with a comprehensive understanding of data analytics and its applications in business.
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Program Duration: 12 months
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Full-Time MSBA Tuition Fees: $39,000
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Average Starting Salary: $90,000
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Average GMAT Score: 658
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Key Industries: Technology, Consulting, Healthcare
The lower tuition cost, compared to other top programs, makes Michigan Ross an attractive option for those looking to maximize their return on investment.
University of California, Davis – Graduate School of Management
The UC Davis MSBA program is renowned for its collaborative approach and hands-on experience.
The program emphasizes teamwork, with students often working on industry-sponsored projects throughout their two years coursework.
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Program Duration: 24 months
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Full-Time MSBA Tuition Fees: $60,104
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Average Starting Salary: $131,000
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Average GMAT Score: 678
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Key Industries: Technology, Finance, Consulting
The high average starting salary and focus on real-world problem-solving make UC Davis one of the top colleges for MS in Business Analytics in USA.
University of California, Los Angeles (UCLA) – Anderson School of Management
Located in the heart of Los Angeles, UCLA Anderson offers a 15-month MSBA program designed to foster leadership and strategic thinking in students. The program is highly selective, with an average GMAT score of 710.
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Program Duration: 15 months
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Full-Time MSBA Tuition Fees: $70,771
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Average Starting Salary: $135,273
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Average GMAT Score: 710
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Key Industries: Technology, Entertainment, Consulting
UCLA's strong connections to the entertainment and tech industries make it an ideal choice for students looking to pursue careers in these fields.
Conclusion
The top colleges for MS in Business Analytics in USA offer unparalleled education, industry connections, and career opportunities. With average salaries ranging from $85,000 to over $150,000, graduates from these programs are well-positioned to thrive in diverse industries, including technology, consulting, and finance. Whether you rank location, program length, or industry focus, there’s a perfect MSBA program for everyone looking to enter the business analytics market.
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