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Ameer Khatri MBA Consultant

Master in Business Analytics

September 2, 2023




Avg. Age

$ 95K

Avg. Cost of Study


Months Duration 

$ 100K

Avg. Salary

Table of Contents

Why Study MSBA ?

The Master of Science in Business Administration (MSBA) program is an excellent choice for anyone looking to develop their skills and knowledge in the business world. This post will introduce some of the key benefits of taking an MSBA program, helping you to make an informed decision about whether it is the right move for you. We will discuss how an MSBA can help with areas such as career advancement, expanding knowledge, and providing networking opportunities. So let’s get started and explore why an MSBA could be a great choice for your future.

The Master of Science in Corporate Analytics (MSBA) program has been created in response to the increasing demand for qualified individuals who can use data to propel corporate success. The digital age has flooded organisations across all industries with copious amounts of data. Students who complete the MSBA program are given the technical know-how to gather, clean, analyse, and interpret data.

This empowers them to find relevant insights and make data-driven decisions. Students gain skills in statistical analysis, data visualisation, data mining, and programming languages like Python or R through challenging coursework. The program also has a strong emphasis on using analytics in a range of corporate settings, including marketing, finance, supply chain, and operations. This mix of commercial knowledge and technical talents makes MSBA graduates attractive assets.

Skills Needed To Enroll In MSBA

It is advantageous to have a broad range of abilities, including technological know-how, analytical prowess, and business acumen, to succeed in a Master’s in Business Analytics (MSBA) program. You can considerably improve your MSBA journey for the finest business analytics courses by having the following vital skills:

  • Analytical Skills: Success in corporate analytics requires a solid foundation in analytical thinking, problem-solving, and the capacity to draw insightful conclusions from large, complicated datasets.
  • Quantitative Skills: The ability to understand and use a variety of analytical procedures depends on one’s proficiency in mathematics and statistics. You will be more equipped to navigate the quantitative components of business analytics if you comprehend concepts like probability, regression analysis, and data modelling.
  • Coding Abilities: For conducting data analysis, having experience with computer languages like Python, R, or SQL is highly beneficial. It is crucial to have the ability to create code, use data manipulation libraries, and deal with statistical software.
  • Data Visualization Abilities: A crucial aspect of corporate analytics is the effective conveyance of insights. You can communicate difficult information to both technical and non-technical stakeholders by utilising tools like Tableau or Power BI to produce aesthetically pleasing and educational data visualisations.
  • Business Savvy: It is essential to comprehend business ideas as well as the larger context in which analytics are used. Gaining excellent business acumen enables you to offer data-driven recommendations that promote business performance and match analytical insights with organisational goals.
  • Communication Skills: In a cooperative business setting, the capacity to convey challenging ideas and insights succinctly and is crucial. When you have good communication abilities, you can technical and non-technical audiences about discoveries.
  • Curiosity and Constant Learning: The world of business analytics is dynamic and always changing due to new trends and innovations. You may stay on the cutting edge of industry advancements and maintain your competitiveness in the job market by developing a curious mentality and a commitment to continuous learning.

It’s crucial to keep in mind that, while having these talents is useful, the top business analytics courses are made to assist you in honing them during the course of your studies. 

Program Costs + Living Expenses: MSBA

Pursuing a Master of Science in Business Analytics (MSBA) can indeed offer a wealth of opportunities and open doors to exciting careers in the field of data analytics and business intelligence. However, one aspect that potential applicants often consider is the cost of tuition associated with these programs. The cost of tuition for MSBA programs can vary significantly depending on factors such as the school’s prestige, location, program length, and the resources and facilities it offers.

Here are the tuition fees of the most famous MSBA courses:

  • MIT Sloan: $112,000
  • Stanford Graduate School of Business: $105,000
  • UC Berkeley Haas School of Business: $90,000
  • Wharton School of the University of Pennsylvania: $90,000

Eligibility Criteria: MSBA

International students must check the detailed eligibility criteria before applying to a university in the USA. The common application requirements for international students to pursue a Master in Business Management in the USA are as follows:

Academic Background

A 4-year undergraduate degree or a 3-year equivalent degree in a relevant field of study is traditionally expected by universities in the United States to receive an academic degree. Specifically, these universities prefer that applicants hold a degree in an applicable discipline, typically looked at based on prior education and/or professional experience, such as in a STEM field (Science, Technology, Engineering, Math) or the Humanities (e.g., psychology, philosophy, literature). In some instances, students may need to complete additional requirements to prove their proficiency in the subject matter, such as through coursework or certification exams.

Minimum GPA

A minimum grade point average of 3.0 to 3.66 out of 4.0 (equivalent to an approximate percentage of 83-92 per cent) is a crucial requirement for admission to some of the most prestigious universities.

GRE or GMAT Score

Admitted students demonstrate an average GRE score of 167 in quants across various universities. The average GMAT score of the admitted applicants ranges between 640 to 750.

English Proficiency Test Score

The minimum TOEFL score required for studies at a Master’s level in Business Analytics in the United States can range from 79 to 105, depending on the university. Applicants can also provide scores from tests such as the IELTS, the PTE, Duolingo or other similar tests, which can be accepted instead of the TOEFL score. Therefore, if you have achieved satisfactory scores in any of these other tests, you may be able to gain entry without the TOEFL score.

Statement of Purpose

Most universities in the United States of America demand a comprehensive Statement of Purpose (SOP) from prospective students. This SOP is meant to clearly outline the student’s ambitions and objectives for enrolling in the program in question. Generally, this SOP should be approximately 500 words, however, it is important to double-check the exact word limit for the specific university in question before submitting it.
Severalf accounting and other related criteria will be considered in assessing the submitted SOP. Therefore, it is recommended that the student pays utmost attention to detail and highlights all aspects of their aims and aspirations in the most comprehensive manner possible.


A personal essay, which adheres to the word limit stated by a particular university, may be necessary for successful admission. This essay should demonstrate an applicant’s individuality, self-awareness and understanding of the course he or she is trying to get accepted onto.
Candidates should be sure to explain their ambitions, and any relevant past experiences and should outline the unique aspects of their applicants that make them desirable to the university. Furthermore, this essay should show an applicant’s ability to express themselves in writing, so it is wise to consider the structure and language used in the essay.
Doing so should help to make a strong impression on the admissions board and help convince them that you are the right fit for the university.

Letters of Recommendation

A minimum of one to three Letters of Recommendation (LORs) from academic and/or professional supervisors (if they are available) are required.


Coursework in Computer Programming, and knowledge in various programming languages like C, C++, HTML, Python, Java, and/or others can add value to your application.

Professional Experience

Although some universities in the USA accept students without any prior work experience, students need at least 1-2 years of full-time experience for admission to a Master’s in Business Analytics in the USA. The internship experience is also considered by the universities in the USA.

Types of Financial Aid Available : MSBA

Fulbright Scholarship

The Fulbright Scholarship is a renowned international scholarship program sponsored by the U.S. government. It offers opportunities for graduate students, scholars, and professionals from around the world to pursue advanced studies, research, or teaching in the United States. The scholarship covers tuition, living expenses, and travel costs. Fulbright Scholars engage in cross-cultural exchange and contribute to mutual understanding between the United States and other countries.

Chevening Scholarships

The Chevening Scholarships are offered by the UK government to outstanding individuals with leadership potential. These scholarships provide funding for postgraduate studies at various universities in the United Kingdom. Chevening Scholarships cover tuition fees, living expenses, and other costs associated with studying in the UK. Recipients are chosen based on their academic excellence, leadership qualities, and commitment to contributing to their home countries’ development.

INSEAD Merit Scholarships

INSEAD, a prestigious business school with campuses in Europe, Asia, and the Middle East, offers merit scholarships to exceptional candidates admitted to its Master of Business Administration (MBA) and Master in Management (MiM) programs. These scholarships recognize academic excellence, leadership potential, and extracurricular involvement. They can significantly offset the tuition costs for these programs, making them more accessible to high-achieving students.

ESADE Business School Merit Scholarships

ESADE Business School, located in Spain, provides merit scholarships to students admitted to its Master in Business Administration (MBA) and Master in Management (MiM) programs. These scholarships are awarded to candidates who demonstrate strong academic performance, leadership qualities, and active participation in extracurricular activities. ESADE’s merit scholarships aim to attract and support talented individuals in pursuing their business education goals.

Career Prospective After MSBA

  • MSBA graduates who work as data analysts are essential in interpreting and analysing sizable datasets to derive insightful information. To find patterns, trends, and correlations that can guide company strategy and decision-making, they employ statistical approaches, data mining, and visualisation technologies. Data analysts are employed throughout a range of sectors, including retail, technology, healthcare, and finance.
  • MSBA graduates can work as business intelligence analysts, assisting businesses in making decisions based on data. To create insightful reports, dashboards, and visualisations, they collect, arrange, and analyse data from numerous sources. These experts employ business intelligence tools to deliver practical insights that support competitive analysis, performance monitoring, and strategic planning.
  •  data scientists are tasked with creating complex models and algorithms. MSBA graduates that possess good programming and analytical abilities will succeed in this industry. They use artificial intelligence, predictive modelling, and machine learning techniques to address difficult business issues and offer tactical advice. Data scientists are in high demand across a variety of sectors, including technology, e-commerce, healthcare, and finance.

Employed within 3 months of graduation

50- 70K

Avg. Salary

   Most Sought-after Jobs

Data Analyst

           Business intelligence analyst

Analytics Consultant

Risk Analyst

Marketing Analyst

Top MSBA Programs


University DetailsSuggested
  • Duration: 12-16 months or 22 months
  • Format: Full-time /OFFLINE
    Avg. Working Experience: NA
  • Fees: D 112,000
  • Location: London


MIT Sloan MSBA Program: Complete Overview

ESSEC Business School
  • Duration: 12 months 
  • Format: Full-time /OFFLINE
    Avg. Working Experience: NA
  • Fees: E 55,000

ESSEC MSBA Program: Complete Overview


  • Duration: 12 months 
  • Format: Full-time /OFFLINE
    Avg. Working Experience: NA
  • Fees: D 75,000
  • Location: London


UCLA MSBA Interview

Imperial College London
  • Duration: 12 months
  • Format: Full-time /OFFLINE
    Avg. Working Experience: NA
  • Fees: E 58,000
  • Location: London
Imperial MSBA Program: Complete Overview

Application Process & timeline

We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks

Step 1

GMAT / GRE Score

2-3 months.

If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average. 

Step 2

Profile Evaluation

 1-2 weeks.

Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile

Step 3

Application Prep

3-4 weeks at least. 

Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.

Step 4

Interview Prep

1 week

School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.

FAQs about MSBA

MSBA programs are designed for individuals who have an interest in leveraging data analytics to drive business decisions. It is suitable for recent graduates with backgrounds in fields like business, economics, engineering, mathematics, computer science, or related disciplines, as well as professionals looking to enhance their analytical skills.

MSBA graduates are in high demand across industries. They can pursue careers as data analysts, business analysts, data scientists, market researchers, consultants, and more. Industries such as finance, healthcare, marketing, e-commerce, and technology offer numerous opportunities for MSBA professionals.

You can enter all types of work experience in the Education and Experience section as well as detailing these experiences on your CV (Resumé).

MSBA programs equip students with skills in data analysis, statistical modeling, data visualization, programming (often using languages like Python or R), machine learning, and problem-solving. Additionally, students develop business acumen to effectively communicate insights to non-technical stakeholders.

Research is essential. Consider factors such as program reputation, faculty expertise, curriculum content, industry connections, internship opportunities, location, and financial aid options. Reading alumni testimonials and checking employment outcomes can also provide valuable insights.

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