Iowa Masters in Business Analytics Schools & Programs
Masters in business analytics schools focus on how data can impact business. In an increasingly data-driven world, that could be paramount. Business analytics schools help prepare students for that reality by honing in on how to make the most of the data in front of them. That could include building on it, through research and analysis. Or it could mean leveraging the results to make positive business changes. And by earning that masters in business intelligence on a graduate school campus, you could develop those skills, while relying on the support of all your school community has to offer.
Masters in Business Analytics Schools: Getting Started
Masters in business analytics graduate schools aim to help students succeed in data analysis, by developing relevant technical knowledge and business savvy. But what does that mean? It means knowing what business questions to ask, how to ask them, how to find the answers, and how to understand those answers. Those objectives could be accomplished through everything from mathematics to coding to management principles. How your classes cover those topics might depend on your program, curriculum, areas of focus, and other factors.
Masters in Business Analytics Schools: Areas of Focus
One major factor in choosing potential masters in business intelligence schools is the content. What does the program focus on? What concentrations might you pursue, if any? The answers to these questions could vary widely between schools and programs. Here are some examples of what you might find.
- Business Intelligence: This could mean a few different things. In some cases, the terms “business intelligence” and “business analytics” might be interchangeable. But that's not always the case. When they’re different, business intelligence tends to be a little broader a subject. Business intelligence masters programs might look at the
- full process of how data is used. That might include collecting, storing, analyzing, and using data. They might also touch on all different areas of responsibility within that larger category.
- Business Analytics: When this term is used to mean something different from “business intelligence,” it tends to refer to the technical side of collecting and using data. Specifically, it might focus on how to use stored data. Courses might look at strategies to find answers for a certain question, how to run reports, and other similar topics.
- Information Technology: These kinds of programs focus on infrastructure. Specifically, they look at the ins and outs of storing and accessing data. This could include learning about designing databases, warehousing data, information security, and more.
Remember that what your school offers might vary from the above. Some may not offer concentrations, or might survey all different topics in one program. If you're looking for a certain kind of business intelligence masters program, reach out to your schools with questions.
Masters in Business Analytics Schools Example Course Topics
Your course catalog is the meat of your business intelligence masters degree. The kinds of classes you take directly affect what you take away from your program--regardless of concentration. While program course offerings vary, here are some examples of the kinds of topics you might find.
- Programming: These courses may focus on a variety of programming languages. In particular, they tend to look at those relevant to building and querying databases. Some examples include C++, SQL, and Python.
- Data Mining: This subject looks at how to find the right information to answer important questions. It might include how to build queries, identify patterns in data, and even how to build and run coherent reports.
- Statistics: This subject centers on the mathematical principles behind finding trends in data. Business intelligence programs might take that a step further. Classes might talk about at how to take those principles and apply them in data mining, reporting, and analytics.
- Predictive Analytics: These courses build on some elements covered in statistics. In other words, they look at using statistics with modeling and data mining. The goal is to make educated predictions about what might happen in future scenarios.
- Data Management: This topic might focuses on how to design and maintain effective databases organizations use to access information. Courses might also look at data warehousing. Classes might even examine the different tools one might use to interact with data on an enterprise level.
Keep in mind that each program might have slightly different course offerings—not to mention the courses themselves might be a little different. If you have any questions, or are looking for something in particular, direct them to the school in question.
Types of Business Intelligence and Analytics Masters Degrees
When searching for potential business analyst masters degree schools, you might find yourself deciding between a few different types. Sometimes, the impact of type of degrees awarded might be minimal, and simply depend on the preferences at that school. In other cases, the type of degree offered might tell you something about the nature of that program. The two most commmon types of masters degrees awarded in business intelligence schools are listed below.
- Business Intelligence MBA (Master of Business Administration): In some ways, these programs tend to be a little more generalized. They might focus on how analytics and intelligence sits in a broader business context. Some programs might also look at applying those skills in leadership or decision-making roles within an organization.
- Master of Science in Business Analytics (MS): MS programs in business analytics tend to have a narrower focus. Programs might aim to build a more specific expertise. They might spend more time on the mathematics and technical aspects of data analysis, rather than looking at where analytics sits within a broader business context.
Of course, some programs may offer degree types not listed here. And some programs that do offer these degree types may vary from the above descriptions. If you have questions, concerns, or preferences, reach out to your selected schools for more information.
What to Expect in Masters in Business Analytics Schools
Earning your business analytics masters in a graduate school format could bring some unique potential advantages to your education. For one, you might have access to resources like technology labs—which could be useful for some of your more technical courses—libraries, tutoring, and more. Plus, your graduate school might be able to help you organize business analytics internships if you need professional experience, or offer flexible scheduling to accommodate your ongoing career. And by studying alongside other current and future business intelligence professionals, your classes could even offer opportunities for networking.
Business Intelligence & Analytics: Example Career Info
The things you learn while earning a business analyst masters degree could have some interesting applications in the field. Here are a few example positions related to business intelligence and analytics you might wish to pursue.
- Market Research Analyst: $62,150 (Median Salary in 2015)i
- Operations Research Analyst: $78,630 (Median Salary in 2015)ii
- Management Analyst: $81,320 (Median Salary in 2015)iii
- Statistician: $80,110 (Median Salary in 2015)iv
The prerequisites for specific opportunities may vary. For example, statisticians typically need a master’s degree.iv In many other cases, entry level opportunities may only require a bachelors degree and some related professional experience. That being said, some employers may express a preference for masters degree candidates. Earning your masters may also be a factor in advancement opportunities down the line.
Start Your Search for Masters in Business Analytics Schools
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