Nowadays, a two-year degree in Master of Science in Business Analytics or MSBA is the path of choice for many aspirants. It is designed with a distinct focus on imparting skills and knowledge in all the aspects of analytics, viz. technology, statistics, mathematics, and business intuition, as well as storytelling with data.

During the program, you develop technical expertise in analysing, interpreting, storing, machine learning, and collecting big data in a business context. It will also help students learn the field’s computer languages like Python, SQL and R.

The MSBA course curriculum covers data mining, business intelligence, data visualisation, applied statistics, text analytics, optimisation, big data analytics, and machine learning topics. In addition, the MSBA course curriculum also provides integrated training, skills and knowledge on technical topics with business management and functions such as Operations, Finance & Accounting, Marketing, and People Management to know analytics plan and perform in the organisation.

According to a Mordor Intelligence report, the Business Analytics Market is expected to reach USD 103.65 billion by 2026, growing at a CAGR of 7.3% between 2021 to 2026.

A Master of Science in Business Analytics degree has become vital for the expansion and sustenance of companies in today’s high-tech world. There are several companies that need this expert to increase their business by using various techniques and tools for making better decisions and problem-solving.

Rewarding Career Opportunities After Master of Science in Business Analytics

Many MSBA graduates opt for this degree because it gives a kick start to their career. There are several career options students can select depending on which sector interests them the most after earning an MS in Business Analytics degree. Following are some of the job titles:

Data Analyst

  •   Collect and analyse databases on market research, logistics, etc.
  •   Use technical understanding to check the quality of data and work.
  •   Interact with IT teams, management and data scientists to check corporate goals.

Supply Chain Analyst

  •         Enhance an operation’s performance.
  •         Advice techniques for enhancing lowering expenses, performance, and managing inventories.
  •         Make sure providers have enough stock to meet demand.
  •         Tracking products and ensuring products arrive at their destination on time.

Big Data Analyst

  •         Work with undiscovered data, hidden trends, patterns, and other things.
  •         Think critically or innovatively under challenging situations and creative thinking.
  •         Knowledge of programming languages like C++, Java, etc., and several databases.
  •         Build and maintain the processes and systems that extract and collect data.

Business Analyst

  •       Work with colleagues and stakeholders to understand critical business requirements in-depth.
  •       Run workshops and training sessions.
  •       Create documents to outline the proposed changes.

Technical Team Lead

  •         Lead a technical team in any company.
  •         Strong leadership and management abilities.
  •         Monitor and evaluate staff progress.
  •         Ensure the smooth functioning of technical operations.

Programme and Marketing Manager

  •         Create realistic and reasonable market efforts.
  •         Increase awareness of the company’s goods and services.
  •         Responsible for implementing and developing marketing plans to increase sales.

Operations Research Analyst

  •         Advise managers and other decision-makers in businesses on handling problems.
  •         Manage, check, and evaluate entire data to improve business operations.
  •         Work in technical, defence, financial and insurance industries.

Business Data Analyst

  •         Identify opportunities to optimise, improve and grow an organisation’s business processes.
  •         Support business intelligence strategies with quantitative analysis.
  •         Interpret key business data sets.

After reading this article, you know pursuing a Master of Science in Business Analytics is a high-growth field. There are several opportunities coming into your pocket after completing an MSBA degree as you acquire various skills. Depending on your interest, you can plan and adapt your career path in the government and private sectors.