“What’s in a name?” Well, nothing! If you can’t sell it. In a constantly developing world that we’re a part of, there a hundred of new inventions and brands coming up every day but not all achieve the same success as others. A major part of this success is determined by the business procedures applied to sell it. In the lack of an ultimate business designed catered to sell a product, the product cannot always speak for itself.
The study of business analytics provides you the skills, tech, and practice for the exploration of business practices to gain further insight and drive business planning.
To explain it further, it is the use of all available numerical and statistical data to analyze situations, make more informed decisions, and take a step toward automating the use of this data for all other dependent functions.
The growth of companies attempting to build intrapreneurs (leaders within the organization) has also paved a way for the rise of business analytics. The smarter the analysis, the more effective is the decision. Businesses around the world are enabling their employees to make decisions and lead markets by basing their judgments on data.
MS in the US in Business Analytics is a popular choice for study due to its myriad scope in all industries irrespective of its reach and domain. It is also not limited to any realm of a business or any organizational domain. Holding this degree enables the individual to foresee how various departments of the business would interact and function ahead and the modeling of this relationship is important to organizations.Statistical techniques that are deep-rooted in software and algorithms pave the way for a course of business analytics. If you love crunching numbers and data and always work your way to understand excel sheets and draw inferences from them, then this is your field of study. Expertise in this field will give you ample opportunities to showcase your analytic talent coupled with powerful theoretical knowledge from the best business schools in the US.
A risk analyst, an accountant, quality control or process improvement manager, or an international banker are the various role you see yourself fitting in with a degree in MS in Business Analytics. With Big Data (huge sets of data that are computationally derived) analysis is in your hands, the sky is your limit!
Business Analytics as the name suggests is a program that combines your analytics with the knowledge of the business. With expertise in this domain, people can use data to derive significant insights and drive business decision making. Some of the core courses that you would study in a Business Analytics program are:
Big Data Analytics – The study of Big Data involves the study of applications that involve the elements of predictive models, statistical algorithms and what-if analysis which is powered by high-performance analytics systems. The study involves the analysis of structures transaction data done by big data analysts, data scientists, statisticians, and other analytics professionals.
Predictive Analytics – Predictive analysis involves the usage of data historical data and analytics methods such as statistical modeling and machine learning to make future business predictions. Institutions use past and current data to predict trends and behaviors for the future.
Data Management and Warehousing – With the increasing reliability of tech a newer issue is of safeguarding the data and managing its privacy. Business intelligence deals with the organization of data to keep them securely. Fundamentals of database modeling and design; setting up a data warehouse; data pre-processing; advances in database and storage technologies, etc. are a few topics the course deals with.
The landscape of economies around the world is changing with the advent and continuous refinement of technology. Gargantuan amounts of data are now available to entrepreneurs and executives across the world that can change the way they see or conduct their businesses. They have access to competitor information and extensive market research. However, the requirement is to analyze this data and make it reliable for businesses. Unless this data is given meaning, these remain sheer numbers. With the advent of automation, a huge amount of data is being processed to derive insights about every step of the business. Regardless of sectors, business analytics has a pivotal role to play in all of them. This has led to the increasing popularity of the study of business analytics around the world. People who can take up these jobs are in demand now, more than ever. And this would only increase in the coming years.From large to small, all organizations have a robust in-house team of analysts who drive their businesses forward. These positions come with handsome salaries and invite thousands of applications. Giants like Amazon and Google, for example, can drive their business forward, with rigor, by making use of modern analytics.
Larger organizations may sometimes also prefer to outsource their work in data analytics to firms who do the number tabulation and crunching and draw objective results from them which are easy-to-understand and can play a major role in forming invaluable strategies for organizations. These firms, in turn, are hiring business analysts with meaty job roles and meatier pay packages. Business analytics is one the most well-paying roles in the world today and the lure of studying it as a course is only increasing.
MSBA is a tough job, don’t make it tougher by making effort to decode university fitment, optimization of your GRE scores, taking into consideration the specializations offered, selection of core subjects that align with your interests, essay writing, visa, and pre-departure hassles, etc. You get the gist. Let the experts (yes, our students have been successfully placed in Ivy Leagues/top Universities and yes, we do love to brag about it occasionally) handle it all for you at EdElevate.
EdElevate, an overseas education consultant in the Delhi NCR region, provides counseling and guidance to students who wish to pursue MS in Business Analytics in the USA. Just like an MBA in the USA, an MS program from the USA also gives you a specialized focus, thus sharpening your skills and career prospects in the US. MS in Business Analytics in the USA is a wise investment for the future of an MS student from India.
EdElevate helps and guides the students who are applying for the MS program in the USA. From Statement of purpose to transcripts, resume, letters of recommendation or any other requirement, our expert career counselors are there to help you make a smooth transition into your dream course of MS in Business Analytics in the USA.
The USA being the harbinger of evolving education houses some of the most coveted universities. The great American dream draws students from all over the world as they seek MSBA in America. The competition to get through MSBA programs with Top schools in America is very intense. EdElevate is proud of the successful admission of its students for MSBA programs in the United States, in some of its most prestigious colleges, such as:
As MS Consultants in Delhi, EdElevate provides great insight into the admission process of a university or MSBA program to students. EdElevate takes immense pride in being known as one of the best MS overseas admission consultants in Delhi. Our students have taken admission to some of the most prominent and legendary schools abroad such as the University of Minnesota, University of Southern California, Carnegie Mellon University, Michigan State University, North Carolina State University, University of Chicago, University of British Columbia, York University, McGill University and the University of Texas at Austin. At EdElevate, we lay down all the options in front of the students and show them all the perspectives while keeping their best interests in mind.