Masters in business analytics online programs explore the many ways to store, analyze, and understand data. Programs might look at the collection stage—acquiring information in the first place—as well as the tools a company uses to organize it. Some programs may also cover the retrieval and analysis of data to improve business results. You might even focus your studies on the needs of certain types of roles or industries. And you could do it in a convenient digital format.
Business analytics is a relatively broad topic. Therefore each online business analytics masters program may have its own unique focus and approach. Some programs might allow you to concentrate on a certain area. Others might be a little broader in scope.
As such, when choosing a masters in business analytics online program, it may be helpful to first identify your interests and goals. In other words, consider whether you’re more interested in working directly with data to find information, versus using that information to build business strategies. Each of these might be addressed in different masters in business analytics online program.
Some examples of focus areas you might find include the following.
The specific focal points or concentrations offered may vary by program. If you’re looking for a certain area of focus, follow up with the programs you’re interested in for more information or to answer any of your questions.
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In addition to focusing on different aspects of business analytics and intelligence, programs might award a few different types of masters degrees upon completion. In some cases, the differences between degrees might come down to the conventions at that school. In other cases, the type of degree could tell you a little bit about the program and its approach. The following two degrees may be the most common.
This may not be an exhaustive list of degree types. Additionally, some online masters in data analytics programs may differ from these descriptions. If you have any questions or concerns, reach out to the school you’re looking at for more information.
When choosing your online business intelligence masters program, it’s important to review courses to ensure your program teaches the kinds of things you want to learn. Below are some of the course topics you might find.
These are only a few examples of the kinds of courses that could be offered. The curriculum at your selected online business analytics masters program may vary. For more information, reach out to your selected school!
Earning an online masters in business analytics could bring flexibility to your studies. This might apply not only to your schedule—for example, helping to balance class with a career—but also to location. You could enroll in a program that focuses on what you want to learn, without worrying about how close it is to home or the office. This may be especially important as online masters in business analytics programs can greatly vary. With online learning, you could be less limited in your selections and more likely to find one that matches your interests and goals.
Plus, you may not have to sacrifice community for convenience. Some online course modules and programs build networking opportunities into their programs. They might do this using forums and social media to help students connect, both in a course and outside of it. Your professors may also be available through email, chat or other online platforms. This could allow you to enjoy the flexibility of studying online while still harnessing the potential networking benefits of a classroom.
Earning a masters in business analytics online could support the pursuit of a variety of career paths. Here are a few examples, as well as the 2015 median annual salary.
Individual positions and types of positions may vary in terms of entry-level requirements. Statisticians typically need a master’s degree at the entry level. Other types of positions may only need a bachelor’s. However, specific employers may prefer masters degree candidates over those with bachelors degrees, and masters education may affect opportunities higher up the ladder.
Now you're equipped with the information you need to start your search for a masters program in business intelligence. The academic path you choose may depend largely on what you plan to do after you complete your degree. To a certain extent, you want to not only prepare yourself with an education but also the ‘right’ education for the type of career you want to lead.