We are generating data every moment and this paradigm shift of data analysis has brought about a revolution in today’s world. Data science and AI has brought us to a different level, though, it is believed, that we are still scratching the surface. “Analytics” – the buzz word is a huge spectrum which is divided into 3 parts – Descriptive, Prescriptive, Predictive.
Business analytics turns big data into intelligence that is actionable. A variety of statistical and quantitative methods, computational tools, and predictive models – are used by analysts to make data-driven decisions.
Unlike Business Intelligence (BI) degrees, which are often concentrated on measuring past performance, Business Analytics (BA) programs focus more on prescriptive and predictive techniques (e.g. “what should we do?” and “what happens next?”). MS in Business Analytics degrees usually concentrate on mining data in order to achieve business goals.
Why would you choose Analytics? The course is perfect for professionals interested in amalgamating creative thinking with communication and data-driven decision making to uncover important insights to help their organizations. Programs typically cater to a wide variety of backgrounds, such as economics, political science, or computer science.
The curriculum creates data storytellers and business strategists prepared to make data-driven decisions that increase their impact. MSBA degrees offer significant returns on your investment. Schools also offer scholarships to subsidize the initial costs. Unlike MBA degrees, MSBA programs mostly don’t require prior experience to apply.
You can work in business and in analytics without doing a Master’s in Business Analytics, but if you want to advance your career quickly and qualify for the best jobs, pursuing an MSBA degree is worth it.
Top 5 colleges to pursue MSBA from:
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