MS in Data Analytics

An Overview of the Degree

MS in Data Analytics is an ideal coursework for graduates aspiring to progress in this niche domain of data analytics. It is very helpful to increase your potential and moreover combines concepts of mathematics, computing, engineering, and business to develop problem-solving skills.

Along with this, Masters of Science in Data Analytics prepares you to succeed in industries which deal in data such as banking, healthcare, government, insurance companies, and management by allowing you to develop and assess strategies. Also, irrespective of your previous academic background, this program accommodates a range of learners who are interested in the field of data analytics with either a technical or business related aspect.

Due to the freshness of this profession, many graduates are not aware of the wide range of opportunities that this course has to offer apart from a glowing career and great salary.

MS in Data Analytics

Is Masters of Science in Data Analytics Program worth it?

For the students interested in enhancing their technical and problem-solving skills which are the priority requirements of the employers, the Masters of Science in Data Analytics is the right fit for you.

Also, for those who aim to implement an independent research and analyze solutions in the field of data analytics, this program is a good choice.

Many universities send their graduates for advanced commercial research where they are given proper research environment with a variety of resources available at hand.

Furthermore, Universities like the Warwick have divided the program into two components namely the taught component and a dissertation. The taught component focuses more on acquiring expertise in technical skills. On the other side, the dissertation primarily focuses in the domain of research and application of complex topics with the assistance of industry workers.

Thus, this course can give you a great chance to build your network in the industry long before you actually join the industry.

Elective Courses

All the schools catering this program offer a wide variety of optional courses.

Few of the elective courses which a student studying MS in Data Analytics can choose are:-

Data Storage & ManagementProgramming for Data Analytics
Analytical CRM
Natural Language Processing
Urban Data
Social Informatics
Algorithmic Game Theory
Visualization

Master of Science in Data Analytics


 Duration of MS in Data Analytics Program

The duration of this course is normally between 18 to 36 months depending on the School chosen.

The course is usually divided over 3 or 4 semesters with a mandatory project and internship in most of the schools.

Admission requirement for MS in Data Analytics programs

Students who aim to get admitted to a good school for the MS in Data Analytics must be comfortable with complex mathematical problems and have some knowledge about programming and basic computers.

However, those applicants who are not familiar with mathematics and computing can also get admission provided they take preparatory courses in Math and Computers before they join the class.

Some schools like the NYU require you to complete courses in Calculus, Linear Algebra, Computer Programming, Advanced Physics, and Engineering. Also, you are required to have obtained the first degree to an international standard of 2:1. However, failing to have this, applicants with work experience in the industry are also considered equally for the course.

masters in data analytics worth it

 

Admission Process

The most important factor for getting admission in this course is to have 3 glowing letters of recommendation along with your essays and statement of purpose. The final selection is, however, based upon the comprehensive evaluation of your application. This includes the test scores, extracurriculars, and work experience. Any experience in the computer industry is an added advantage.

masters in data analytics salary

Which test scores are required?

The GMAT or GRE official test score is an essential element of your application. All top universities demand a high score on these standardized tests to evaluate your mental and intellectual abilities.

Additionally, English Language Proficiency test scores are required along with the application. Some universities accept IELTS while others require TOEFL( minimum score of 100) for international applicants.

Class Profile

Here is an example of a general class profile of MS in Data Analytics:

Class Size - 65

Median GMAT - 710

Median Quantitative GRE - 165

Age Range - 22 to 42

Average Work Experience - 1 Year

Average International Students- 45%

Background of student - Mathematics & Statistics (34%), Engineering (20%), Economics (16%) and Other Sciences (30%)

Some of the top employers hiring in this field are Facebook, Google, Amazon, eBay, Paddy Power, Capgemini, Mozilla, IBM

Pharmaceutical Industry: Janssen, Merck, GSK, J&J

Financial services Industry: Bank of Ireland, AXA, EY, Accenture, Deloitte, Citi, HSBC

Average MS in Data Analytics Salary

An entry-level data analyst with a Masters Degree might get an average salary around $50,000-$75,000 per year. As experience increases, the average salary for a data analyst increases to higher numbers.

Also, here are some of the job profiles besides Data Analyst position that are offered post completion of the degree -
1) Business Consultant
2) Data Scientist 
3) Marketing Analyst
4) Business Analyst
5) Analytics Consultant
6) Data Solutions Architect

According to the University of San Francisco, the median salary for a MS in Data Analytics Graduate with 1-2 years of experience is $110,000 per year and can reach upto a maximum of $130,000 per year.

More than 95% graduates receive an offer of employment with the first three months of graduation from this program.

 

masters in data analytics salary

 

Schools that offer MS in Data Analytics

In no particular order, here is a list of Schools that offer this program:-

2016School NameCountryProgram
1Massachusetts Institute of TechnologyUSAMaster of Business Analytics
2Carnegie Mellon UniversityUSA
Master of Information Systems Management: Business Intelligence & Data Analytics
3Columbia UniversityUSA
Master of Science in Applied Analytics
4Texas A&M University
USAMaster in Analytics
5Duke UniversityUSAMaster of Quantitative Management
6Northwestern University
USAMSc in Analytics
7University of San Francisco
USAMSc in Analytics
8University College Dublin
Ireland
MSc in Data Analytics
9Cardiff University
UKMSc in Data Science & Analytics
10Deakin University
Australia
Master of Data Analytics
11University of Central Florida
USAMSc in Data Analytics
12University of Chicago, Graham School
USAMSc in Analytics
13Georgia Tech
USAMSc in Analytics
14RMIT University
Australia
Master of Analytics
15Ryerson University
CanadaMSc in Data Science & Analytics
16Dublin Business School
IrelandMSc in Data Analytics
17National College of Ireland
Ireland
MSc in Data Analytics
18University of Glasgow
UKMSc in Data Analytics
19Informatics Institute of Technology
Sri Lanka
MSc in Big Data Analytics
20University of Hildesheim
Germany
MSc in DA
21University of Minnesota-Twin CitiesUSAMaster of Science in Business Analytics
22New York UniversityUSAMaster of Science in Business Analytics
23University of VirginiaUSAMaster of Science in Commerce: Business Analytics Track
24University of California-DavisUSAMaster of Science in Business Analytics
25Rutgers UniversityUSAMaster of Business & Science in Analytics: Discovery Informatics & Data Sciences
26Michigan State UniversityUSAMaster of Science in Business Analytics
27Boston UniversityUSAOnline Master of Science in Applied Business Analytics Management
28University of IowaUSAMaster of Science in Business Analytics
29Arizona State UniversityUSAMaster of Science in Business Analytics
30UNIVERSITY OF CONNECTICUT
USAMaster of Science in Business Analytics & Project Management
31SOUTHERN METHODIST UNIVERSITYUSAMaster of Science in Business Analytics
32Essec Business SchoolFrance, SingaporeMSc in Data Sciences & Business Analytics
33ESCP EuropeFrance, GermanyMaster in Big Data and Business Analytics
34IE Business SchoolSpainMaster in Big Data and Business Analytics
35Esade Business SchoolSpainMSc In Business Analytics
36Universita BocconiItalyData Science & Business Analytics
37Ieseg School of ManagementFranceMSc in Big Data Analytics for business
38Melbourne Business SchoolAustraliaMaster of Business Analytics
39Naveen Jindal School of ManagementUSAMaster of Science in Business Analytics
40Kent Business SchoolUKMSc in Business Analytics

If you need a detailed profile evaluation of your chances at MS in Data Analytics program, then check out the MiM Profile Evaluation . It will give you a good assessment of your strengths, weaknesses and overall chances at Masters in Data Analytics.