Masters in business analytics programs focus on how to use data to make business decisions. Programs could examine everything from collecting that data in the first place to using it to form an actionable business plan. Courses could look at statistical analysis, data management, and more. Overall, masters in business intelligence programs don't just focus on data. They look beyond it, aiming to help students understand and utilize it effectively.
Masters in business analytics programs are advanced degree programs which cover the concepts and methods behind business intelligence and analytics. But what does that mean? Business intelligence as a topic might cover the full spectrum of the data collection process. It could range from gathering information and storing it, to analyzing it in different ways and using it. As a topic, that can be somewhat broad. As a result, some programs might focus on one or a few parts of that process in detail rather than the full spectrum.
Generally, masters in business analytics programs take around two years to complete, assuming a full courseload. However, this may vary. It could depend on your preferences and schedule, and requirements at your selected school. Business analytics masters programs also tend to be somewhat career-oriented. They may design their curriculum with certain roles in mind, or focus on skills and knowledge that directly relate to work in the field.
Choosing your potential business intelligence masters programs is an important process. Especially considering how different programs might address business analytics in different ways. Some might accomplish that by focusing on a certain role or skill set. Others might survey the topic more broadly.
If you’re not sure where to start, it might help
to think about what you’re actually looking for. For example, do you want a program that emphasizes business savvy? Maybe you want to work on more technical skills like statistical analysis? Then there are your career goals. Think carefully about the kinds of responsibilities you hold now or want to hold, and how they relate to your potential areas of study.
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These are only a few topics that might be studied in a business intelligence program. Some programs might offer subject area concentrations, whereas others might survey a variety of areas. If you have any questions about this, reach out to your school to learn more about what they offer.
Some masters in business analytics programs differentiate between the terms “business intelligence” and “business analytics.” Other schools might use these terms to mean the same thing. When they’re used to refer to different things, this is generally what they mean.
Because there is some flexibility in how these terms are used, make sure you pay close attention to what your school offers. Don't be afraid to reach out to your program for more information about this if you're not sure!
Masters in business intelligence programs might award a few different types of degrees upon completion. As such, the type of degree you would prefer to earn might be a factor in which program you choose to attend. Two of the most frequently offered options in business intelligence are Master of Science and MBA in Business Intelligence and Analytics.
These might not be the only masters degree types you come across. Programs might also vary from the above descriptions. Follow up with your selected schools for more information about the kinds of degrees they offer and how that might impact their material.
Business intelligence masters programs might be offered in several unique formats. That means you could choose an option that fits your schedule, learning preferences, and lifestyle.
The specifics of each program format may vary by institution. Additionally, you may come across options not listed here. As such, if you have specific needs, questions, or concerns, make sure you get in touch with your school for more information.
The technical and business skills you hone while earning a business analytics masters degree could be useful in a variety of positions throughout your career. Whether you’re currently in a position to use those analytical skills in your field, or aspire to a new career path, you might have a number of options.
Here are a few example related positions.
Keep in mind that different analytical positions may have different prerequisites. Statisticians, for example, typically need at least a master’s degree at the entry level.ii Other positions may only require a bachelor’s degree for entry-level positions.i,iii,iv However, some employers may express preference for a master’s degree, and master’s education may be a factor in advancement.
Now you're equipped with the information you need to start your search for a masters in information systems. 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.