In the age of Big Data, business analytics is becoming more important than ever. According to research from the McKinsey Global Institute, 2.5 quintillion bytes of data are created every day, and that amount is growing by 40% per year. This can be overwhelming for even the most data-savvy business owners, much less those who don’t have a background in statistics and analytics. This is one of the reasons people are on the lookout for the Best business analytics programs in the world to take their careers to the next level.
Fortunately, there are now multiple business analytics programs designed to give professionals and students alike the skills they need to harness the power of data.
These include master’s degrees in business analytics and MBA concentrations in data science or business intelligence.
We’ve compiled a list of the top 15 degree programs for those hoping to get into this exciting field. The following list we will see below are the top 15 business analytics programs in the world based on some of the world’s prestigious rankings.
Table of Contents
What is Business Analytics?
Business analytics refers to the application of statistical methods, technology, and processes to transform data into actionable business intelligence.
These tools are used in a range of areas, including customer service, finance, operations, and human resources.
For example, some companies use analytics to predict when they might lose a client and take steps to prevent that from happening. Others use it to track employee performance and determine who should be promoted or receive higher pay.
A master’s in business analytics can lead to career opportunities in a number of fields, including technology, finance, and healthcare. Business analytics programs are available at a variety of institutions, and they offer students the opportunity to gain knowledge in key areas like statistics, predictive modeling, and big data.
Which certification is best for business analytics?
Business analytics is the practice of using data and statistics to guide business decisions.
There are some useful certifications for business analytics which include some of the following:
- IIBA Certification in Business Data Analytics (CBDA)
- IQBBA Certified Foundation Level Business Analyst (CFLBA)
- IREB Certified Professional for Requirements Engineering (CPRE)
- PMI Professional in Business Analysis (PBA)
- SimpliLearn Business Analyst Masters Program.
What are the Best business analytics programs in the world
If you’re interested in pursuing a career in business analytics, there’s no doubt you first need to choose the right school for your situation.
You help you narrow the work, we have compiled the list below.
To compile our ranking of the best business analytics programs, we looked at three factors:
- The quality of education each program provides;
- The prestige of the school;
- Value for money of the degree.
Below is a list of the Best business analytics programs in the world:
- Master of Business Analytics — Stanford University Graduate School of Business
- Master of Science in Business Analytics — The University of Texas at Austin
- Master of Science in Business Analytics — The University of Texas at Austin
- Master of Business Analytics — Massachusetts Institute of Technology
- Master of Science in Business Analytics — Imperial College Business School
- Master in Data Sciences & — ESSEC Business School
- Master in Business Analytics — ESADE
- Master of Science in Business Analytics — University of South California
- Masters of Science in Business Analytics — University of Manchester
- Master of Science in Business Analytics — University of Warwick
- Master of Science in Business Analytics — University of Edinburgh
- Master of Science in Business Analytics — University of Minnesota
- Master of IT in Business program — Singapore Management University
- Masters in Business Analytics & — Purdue University
- Master of Science in Business Analytics — University College Dublin.
Best business analytics programs in the world.
1. Master of Business Analytics — Stanford University Graduate School of Business
Stanford Graduate School of Business offers a broad range of courses that are relevant to business analytics. Some of the most popular courses include advanced analytics, marketing analytics, predictive modeling, and statistical learning.
A student pursuing a Ph.D. in business analytics must enroll in at least three courses offered by the computer science department.
The eligibility criteria for this program is to have a minimum of 3 years of full-time work experience and strong academic background with at least a 7.5-grade point average.
2. Master of Science in Business Analytics — The University of Texas at Austin
The University of Texas at Austin, founded in 1883, is the flagship of the University of Texas system’s 14 schools.
The school was the first of the 14 to open its doors in 1881, and it now boasts the seventh biggest single-campus enrolment in the country, with 24,000 students. The university’s McCombs School of Business, which accommodates 12,900 students, was founded in 1922. The school provides a 10-month Master of Science in Business Analytics program.
3. Master of Business Analytics — Indian Institute of Management Ahmedabad
The Department of Management Science and Technology (MST) at IIM Ahmedabad offers a PGDM in Business Analytics and Decision Sciences.
This is a two-year full-time program designed for professionals with an extensive background in statistics and math. The selection process for this course includes GMAT scores and personal interview rounds.
4. Master of Business Analytics — Massachusetts Institute of Technology
The Massachusetts Institute of Technology, located in Cambridge, Massachusetts, is one of the world’s most prestigious private research universities.
The institution, which was founded in 1861, is best renowned for its scientific and technical studies. Their endeavor to educate business and management-related courses are known as the Sloan School of Management.
They offer a Master of Business Analytics program that lasts 12 to 18 months.
5. Master of Science in Business Analytics — Imperial College Business School
Imperial College Business School has been a component of The Imperial College of London since 1955 and is one of the world’s best business schools.
Imperial College, which is primarily a science research university, established a business school to provide business-related courses to its students. Many international students attend the university’s Master of Science in Business Analytics program.
6. Master in Data Sciences — ESSEC Business School
ESSEC Business School, founded in 1907, is one of the world’s oldest business schools.
It is presently considered one of the most prominent institutes and a member of the French trio known as the three Parisians, which includes ESCP and HEC Paris. AACSB, EQUIS, and AMBA have all given the institution their triple accreditation. The university provides a well-regarded Master of Data Sciences and Business Analytics program.
7. Master in Business Analytics — ESADE
Since 1958, the ESADE Business School has been a part of the ESADE campus in Barcelona, Spain, and is regarded as one of Europe’s and the world’s best. It is one of 76 schools that has received triple accreditation (AMBA, AACSB, and EQUIS). The school now has a total of 7,674 pupils, with a significant number of international students.
The school provides a well-regarded one-year Master of Business Analytics degree.
8. Master of Science in Business Analytics — University of South California
The University of South California is a private research university in Los Angeles, California, that was founded in 1880.
DNA computing, dynamic programming, VoIP, antivirus software, and picture compression are just a few of the technologies that the institution has pioneered.
Since 1920, the USC Marshall School of Business has been endeavoring to give high-quality business education. The institution provides a well-regarded one-year Master of Science in Business Analytics program.
9. Masters of Science in Business Analytics — University of Manchester
The University of Manchester was founded in 1824 as a mechanical institute and has undergone several changes since then, culminating in its current incarnation in 2004 as the University of Manchester.
The school’s main campus is in Manchester, England, and it has a population of 40,000 students. Since 1918, the Alliance Manchester Business School has been a part of the campus and is ranked second in the United Kingdom for research accomplishments.
A Master of Science in Business Analytics is available at the school.
10. Master of Science in Business Analytics — University of Warwick
The Institution of Warwick was founded in 1965 and is a public research university in the outskirts of Coventry, United Kingdom.
This institution was founded in order to provide students with high-quality higher education, and it now has a student population of 26,500.
Since 1967, the Warwick Business School has been a part of the Warwick University campus, producing leaders in business, government, and academia. The school provides a Master of Science in Business Analytics program that lasts 10 to 12 months.
11. Master of Science in Business Analytics — University of Edinburgh
The University of Edinburgh, founded in 1582, is the world’s sixth oldest university and one of Scotland’s ancient universities. The school now has a student population of 36,500 pupils that is spread over five main sites.
The University of Edinburgh’s world-renowned business school first opened its doors in 1918. The Business School has established a strong reputation and provides one of the most respected Masters of Science in Business Analytics programs in the country.
12. Master of Science in Business Analytics — University of Minnesota
The Institution of Minnesota was founded in 1851 as a public research university with two campuses in Minnesota: Minneapolis and Saint Paul. With 50,000 students, the school serves as the oldest institute and flagship of the University of Minnesota system.
Its initiative to educate business and management courses is known as the Carlson School of Management. The school’s 3,000+ students can enroll in a Master of Science in Business Analytics program.
13. Master of IT in Business program — Singapore Management University
The Singapore Management University is an autonomous university whose primary goal is to provide international students with business-related higher education.
When the school first opened in 2000, the curriculum and programs were modeled after those of the Wharton School of Business.
It is one of the few non-European schools to hold EQUIS, AMBA, and AACSB accreditation. SMU’s School of Information System provides a Master of Information Technology in Business program.
14. Masters in Business Analytics — Purdue University
Purdue University was founded in the year 1869 in West Lafayette, Indiana.
The university is named after Lafayette businessman John Purdue, who provided land and funds to help create the school. This top-rated business analytics school began with 39 students and now has 43,000 students enrolled.
The Krannert School of Management, which was added to the university in 19622 and now has 3,000 students, is a business school. Students can earn a master’s degree in business analytics and information management at the school.
15. Master of Science in Business Analytics — University College Dublin
Institution College Dublin, as its name implies, is a research university founded in 1854 in Dublin, Ireland. It is one of Ireland’s largest universities, with a faculty of 1,400 people teaching 32,000 students. The school has been regarded as Ireland’s second finest.
In the year 1908, the institution added the Michael Smurfit Graduate Business School. They offer a number of distinguished programs, including the first MBA program of its sort in Europe. The school provides an internationally recognized Master of Science in Business Analytics program.
Frequently Asked Questions about Business Analytics Programs
What's data analysis as a component of data analytics?
Data Analysis includes collecting data from various sources (e.g., CRM systems) and using tools such as Microsoft Excel or SQL queries in order to analyze it within Microsoft Access or SAS Enterprise Guide; it also involves applying statistical models such as regression analysis.
What does an Analytics degree hold?
Analytics degrees teach students how to collect, store, and interpret data in order to make better decisions. As analytical tools become more widespread and more powerful, this is a skill that is in high demand by employers across all industries.
What is data analytics also known as?
Business analytics, also known as business intelligence or BI, monitors and analyzes your company's performance to help you make better decisions.
Why is analytics important in business?
Analytics is all about reviewing data, and it can provide invaluable information to help you make predictions about the future. It is used by businesses to identify trends in their customers’ behavior, which will enable them to make changes that will positively influence the performance of their business.
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Conclusion
In the business world, data is king. It can reveal trends, patterns, and insights that would otherwise go unnoticed. Analytics is an important part of a business’s growth.
The use of analytics can help you get more out of your investments like in advertising and marketing. The schools on this list are well-prepared to train students for careers as data analysts and researchers, with strong coursework and supportive learning environments.
I hope this helps you, good luck!
