All of us wish to pursue higher studies, especially from abroad. But have you ever got confused regarding which masters degree to go for? Is the choice between a master’s degree in MS and an MBA confusing you? What if we told you there is a possibility that you can do both? MSBA or Master of Science in Business Analytics is a golden opportunity for anyone who is having trouble in deciding what to do. And if you don’t know where to begin, then you have landed on the correct spot as we are going to resolve all your queries in this blog itself.
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MSBA stands for Masters of Science in Business Analytics. An MSBA is a dual degree option for those individuals who want to pursue and grab the benefits of both an MS degree and an MBA degree as, enabling the students to combine the MS program with an extensive network of the MBA program.
Why Study MSBA?
Before venturing further into this topic, let us also understand why an MSBA degree is a viable option for individuals. As we have already spoken about that MSBA is a dual degree program having the advantages of both the degrees i.e. Master’s of Science (MS) and Masters in Business Administration (MBA). Combining these two degrees, the program is known as MSBA.
A degree in MSBA will enable the students to venture and explore how analytics in business is converted into practical insights, leading to the discovery of viable business solutions. We all know how modern age technologies like artificial intelligence and big data are reshaping and influencing the entire business game in an economy.
It becomes even more crucial to have the proper knowledge and command over these skills and technologies. A degree in MSBA is helping to fill the demand gap that has arisen lately for more skilled businessmen and entrepreneurs. Thus, anyone can become a businessman, but if you wish to have an edge over business or wish to be an asset for any organization and big MNCs and to create a demand for your presence, then MSBA is the right degree for you to go for.
Must Read – Business Analytics vs Data Science
Eligibility for Master of Science in Business Analytics
After providing a detailed list of top universities that are providing MSBA programs, their respective duration and application deadlines, to business and data analytics aspirants from around the world, let us now delve into some required quintessential that will smoothen up your application/ admission procedures into these universities. Take a look at the below-given list:
- All sections within online application filled to the entirety
- An undergraduate degree in a quantitative field from an accredited institution
- A work experience of at least 2-3 years. The universities can demand more also.
- Official transcripts of previous educational qualifications.
- Minimum GPA requirement.
- GRE or GMAT scores.
- TOEFL or IELTS or PTE score for all international applicants.
- Personal essays
- Two Letters of Recommendation
- Statement of Purpose
- Resume/ CV
- One-minute video essay (if required by the University)
- Photocopy of current passport
- Passport size pictures (many)
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Now that we have studied what an MSBA degree is, why to go for and the difference between MBA and MSBA degrees, let’s now explore some of the best universities abroad that are offering a degree in MSBA.
|Universities||Programs Offered||Duration||Application Deadlines|
|MIT Sloan School of Management, UK||Master Of Business
|1 year||January 7, 2021
March 4, 2021
April 15, 2021
|McCombs School of Business, University of Texas, US||Master of Science in
|10 months||No formal deadlines|
|The USC Marshall School of Business, US||Master of Science in
|3-4 semesters||February 1 for the fall semester
September 1 for the spring semester
January 1 for the summer term
|Krannert School of Management, Purdue University, US||Master of Science in
Business Analytics and Information
|11 months||Round 1: Sept 1 – Nov 1
Round 2 (Priority Round): Nov 2 – Jan 3.
Round 3 (Final International Round): Jan 4 – Jan 31
Round 4 (Final Domestic Round): Feb 1 – April 1, or until classes are full.
|Alliance Manchester Business School, University of Manchester, UK||Masters (MSc) in
Business Analytics: Operational Research
and Risk Analysis
|12 months||15 January 2021
31 March 2021
1 May 2021
30 June 2021
21 August 2021
|ESSEC Business School, France||Master in Data
Sciences & Business Analytics (DSBA)
|2 years||January 4th, 2021
March 1st, 2021
April 26th, 2021
|Imperial College London, UK||MSc.in Business Analytics||22 months||No formal deadlines|
|IE Business School, Spain||Master In Business Analytics & Big Data||11 months||No formal deadlines|
|The University of Chicago, US||Master of Science in Analytics||1.5 years||January 15, 2021
March 15, 2021
June 1, 2021
|The University of Edinburgh Business School, UK||MSc in Business Analytics||1 year||17 February 2021
21 April 2021
|UCLA Anderson School of Management, US||Master of Science in Analytics||13 months||January 8, 2021 (Round 1)
March 12, 2021 (Round 2)
May 14, 2021 (Round 3)
|National University of Singapore, Singapore||Master of Science in Analytics||1 year||31st January 2021|
|Melbourne Business School, University of Melbourne, Australia||Master of Science in Analytics||1 year||31st May 2021
31st July 2021
15th October 2021
15 December 2021
|Mendoza College of Business, University of Notre Dame, France||Master of Science in Analytics||10 months||12th January 2021|
|Boston University, US||MS In Business Analytics||1.5 years||December 16, 2020
February 3, 2021
March 24, 2021
April 28, 2021
Here are the popular career options for students with MSBA degree:
- Data Visualisation Expert
- Healthcare Data Analyst
- Project Manager
- Logistics Expert
- Financial Analyst
- Business Analyst
- Strategy Analyst
- Social Media Data Analyst
- Data Analyst/Data Scientist
- Credit Analyst
- Predictive Analytics Expert
- Statistical Analyst
- Crime and Fraud Analyst
- Machine Learning Analyst
- Security Analyst
- Database Analyst
- A/B Testing Analyst
- Excel Analyst
Must Read – All About MS in Business Analytics in USA
Difference between MBA and MSBA
|MBA – Masters in Business Administration.||MSBA – Master of Science in Business Analytics|
|It is a conventional degree which relates to the building blocks of business||It is a specialized degree in the field of Business Administration that has a more modern and scientific approach.|
|An MBA degree helps individuals or students to advance their careers and develop leadership skills.||A degree in MSBA prepares the students to analyze complex data to make informed strategic business decisions and has great relevance in an increasingly data-driven world.|
|The major subjects of study are accounting, economics, statistics, and marketing. Other subjects also revolve around these major subjects only.||The major subjects of study are current business intelligence, data mining, applied statistics, machine learning, data visualization, and optimization, big data, and many more such complex subjects.|
|Students pursuing MBA programs can find themselves working at managerial or at executive-level and in departments like finance, operations, marketing, and sales, in the future.||Students who are pursuing an MSBA degree can see themselves doing more technology-focused roles that require specific expertise in analyzing data such as business intelligence analysts, data warehousing specialists, and market or operations research analysts.|
|An appropriate degree for individuals who want to achieve leadership roles by learning business fundamentals and gain an edge over valuable soft skills that are integral to effective business.||An appropriate degree for students who are not or less interested in the fundamental or the conventional approach of doing a business and instead focus more on the scientific and the analytical approach of studying business.|
We hope that this blog on MSBA answered all your queries and doubts. Want to pursue Master of Science in Business Analytics? Are you wondering how to apply for MSBA? Reach out to Leverage Edu experts and find a one-stop solution to all your applications, study abroad and career-related queries. Book your free session with us now!