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IE Business Analytics Review


7 minutes

Table of Contents

    Key Takeaways

    Program Overview: The IE Business School Master in Business Analytics and Big Data (MSBA) is a full-time, one-year program designed to provide a comprehensive understanding of data analytics and its applications in business. 

    Class Profile: The IE MSBA Class of 2023 consists of 120 students from diverse academic and professional backgrounds. The class includes 40% female students and 60% male students, representing over 30 nationalities. The average age of the cohort is 25, with students bringing an average of 3-4 years of professional experience, fostering a dynamic and multicultural learning environment.

    Tuition Fees: The tuition fee for the IE MSBA program is €41,000. This fee covers the cost of tuition, essential course materials, and access to university facilities. Additional expenses such as accommodation, travel, and personal costs are not included in this fee.

    Average Salary and Employment: Graduates of the IE MSBA program enjoy excellent career prospects, with an average starting salary of €60,000. Many alumni secure positions in top consulting firms, technology companies, and financial institutions. The program boasts a high employment rate within three months of graduation, reflecting its strong industry connections and comprehensive career support services.

    Introduction

    Pursuing a Master's in Business Analytics at IE Business School is an excellent choice for those looking to transform data into actionable insights. This program is designed to equip students with the skills needed to thrive in the data-driven world of business. With a curriculum that blends technology, business, and data science, the IE Business Analytics program prepares graduates to tackle real-world challenges and drive strategic decision-making in any organization.

    Program length 11 Months
    Tuition Fees
    MSBA 2024
    €41,000
    Program deadline
    MSBA 2026
    N/A
    Intakes 2 (September & April)
    Application fees €1,200

    Class Profile of IE Business Analytics

    ie business analytics

    The IE Business Analytics program class profile attracts students and professionals from various industries who excel in critical analysis, innovative thinking, and technology use. These individuals often lead digital transformations in their fields, pioneering new advancements and navigating new areas making the Business Analystics Master Program Student's Background

    Average GMAT N/A
    Average GRE N/A
    Average GPA N/A
    Average work experience 2-5 years
    Average age 25-31 years
    Pre-MSBA industry
    MSBA2024
    Business
    Quantitative
    Technology
    Pre-MSBA location
    MSBA 2024
    Europe 32%
    Asia Pacific 15%
    Latin America/ Spainc14%
    North America 13%
    Middle East & Africa 12%
    Class size
    MSBA 2024
    N/A
    Women
    MSBA 2024
    48%
    Country Represented
    MSBA 2024
    36  

    Student Experience - Maika Robledo

    IE Business Analytics Rankings

    The IE Business Analytics program is highly regarded, ranking 8th in the QS World University Rankings for Masters in Business Analytics 2024. It also holds the 44th position in the QS WUR Ranking by Subject 2024, highlighting its excellence in the field.

    Rankings Position
    QS World University Rankings - Masters In Business Analytics 2024 7
    QS WUR Ranking By Subject 2024 44

    What is the IE Global Admissions Test (ieGAT)?-

    Program & Curriculum of IE Business Analytics 

    ie business analytics

    The rise of data brings new challenges and opportunities across all sectors. Our 11-month Master's in Business Analytics & Big Data equips you with skills in Business Transformation, Data Science, Big Data Technologies, and Professional Skills.

    You'll gain real-world experience in data collection and analysis, working with AI techniques like Machine Learning, Deep Learning, and Robotics. Guided by expert faculty, you'll use emerging tools and technologies to prepare for a career in business analytics and develop the skills needed to make impactful business decisions.

    • PRE-PROGRAM:
    • FOUNDATIONS WEEK: (1 WEEK)
    • CORE PERIOD: (6 MONTHS)
    • ELECTIVE PERIOD: (4 MONTHS)
    • IMPACT PROJECTS: (CORPORATE PROJECT/ VENTURE PROJECT)

    Elective Courses

    In the elective period, you can customize your program to align with your career goals. Choose electives that suit your interests or career objectives. While optional, selecting a concentration provides deeper insight into the industry. Remember, only one concentration is permitted.

    • SMART HEALTH​
    • INDUSTRY 4.0​
    • FINTECH​
    • ADVANCED AI​
    • RETAIL & FMCG​
    • TECHNOLOGY, MEDIA & ENTERTAINMENT (TME)

    Make the Most of your Program

    • EXCHANGES: Join an International Exchange during term 3 of the IE Business Analytics program. This offers Master in Business Analytics and Big Data students a chance to broaden their academic knowledge, gain global experience, and expand their professional network with partner universities like London Business School or Imperial College.
    • INTERNSHIPS: During the Elective Period, you have the opportunity to apply for an internship. This option is for those seeking real-world experience to support a career change to a different industry, sector, region, or role.
    • SUSTAINABILITY CERTIFICATE: Today, businesses focus on sustainability and ESG concerns. At IE, they offer an optional certificate to help you tackle these challenges and embrace sustainability.
    • TECH CERTIFICATIONS: The Master in Business Analytics & Big Data offers a variety of professional certifications to expand your technical knowledge of big data and AI applications and enhance your practical skill set.
    • PROFESSIONAL CREDENTIALS FOR ADVANCING YOUR CAREER: At IE University, we are at the forefront of technological innovation, which is why with this program you will benefit from the collaboration with companies that lead this technological disruption in today's world.
    • IE SCHOOL OF SCIENCE & TECHNOLOGY’S ORIENTATION WEEK:  This week is vital for master's students at IE School of Science & Technology. They meet classmates, university staff, and the IE Community, explore academic and social activities, and engage in team-building and networking events.
    • TECH IMMERSION WEEK: This week is crucial for master's students. They meet classmates, staff, and the IE Community, and get involved in academic and social activities, as well as team-building and networking events.

    Fees and Financing

    To enroll at IE Business Analytics program, students pay a one-time fee of €1,200 to the IE Foundation. Tuition for the April and September 2024 intakes is €41,000. Payment plans are available, with a €400 fee for plans over three installments. They support diversity and offer financial aid to help outstanding master's students facing economic challenges.

    Tuition fee for the class 2024 €41,000
    Student Association Fee N/A
    Application Fees €1,200 

    Employment Upon Graduation

    IE Business Analytics employment and placement

    IE University is known worldwide for excellence, and our IE Talent & Careers team upholds this standard. Our mission is to help graduates succeed professionally. We support students and alumni individually in their career paths.

    This program creates data-driven leaders who make effective business decisions. Our career services team helped them transition smoothly into the workforce and achieve their goals.

    Average Salary
    MSBA2022
    N/A
    Offer accepted upon three months of graduation N/A
    Offer received upon six months of graduation 96%
    Reporting rate N/A
    Post-program job locations Spain 39%
    DACH 15%
    Benelux 11%
    Europe (Rest) 9%
    LATAM 8%
    MEA/United Kingdom 4%
    North America 4%
    APAC (Rest)/Ireland 3%
    India 1%
    Post MBA industries
    MSBA2022
    Technology 41%
    Consulting 19%
    Consumer, Luxury & Retail 15%
    Financial Services 14%
    Industrial 9%
    Marketing & Communications 2%

    Know more at: BUSINESS ANALYTICS CAREER OPPORTUNITIES

    Internship Agreement between IE University & BMC Software-

    IE Business Analytics Application: Essays & Interview

    The IE Admissions Department has a thorough selection process. They look for motivated, creative, and high-potential candidates who excel academically and/or professionally and possess strong interpersonal skills. Their evaluation considers every aspect of each candidate to ensure we bring the most talented individuals into our international classrooms.

    Essay

    No application essays are required for the IE Business Analytics program.

    Interview Questions

    You'll have a personal interview, either face-to-face or online, with a manager from the IE Admissions Team. During the IE Business Analytics interview, share your unique experiences, skills, and aspirations that align with IE's values. Emphasize how you can contribute to the dynamic IE community.

    Who Attends the IE Business Analytics Program

    • The IE Admissions Department has a rigorous selection process.
    • They look for motivated, creative, and high-potential candidates.
    • Ideal candidates stand out for their academic or professional achievements.
    • Strong interpersonal skills are important.
    • Their goal is to bring the most talented people into our international classrooms.
    • Diversity and a global perspective are highly valued.
    • They seek individuals who are eager to learn and contribute to the program.

    What Makes IE University Unique?

    ie business analytics

    At IE University Business Analytics program stands out for its interdisciplinary approach, global perspective, and practical emphasis. With a flexible curriculum and focus on cutting-edge technology, we prepare students for success in the data-driven world.

    • Interdisciplinary Approach: IE Business Analytics takes an interdisciplinary approach to data analytics, drawing on expertise from business, technology, and other fields to provide a comprehensive understanding of data analysis and its applications.
    • Global Perspective: The program has a strong international focus, with students and faculty from all over the world. This global perspective provides students with a broad understanding of how data analytics is applied in different cultural and business contexts.
    • Practical Emphasis: IE Business Analytics emphasizes the practical application of data analytics, with real-world case studies and hands-on projects that allow students to develop the skills they need to succeed in the field.
    • Flexibility: The program is designed to be flexible, with a range of elective courses that allow students to tailor their education to their specific interests and career goals.
    • Technology Focus: IE Business Analytics is focused on the latest technologies and tools used in data analysis, including machine learning, artificial intelligence, and big data analytics.

    Useful Links

    IE STUDENT SERVICES MASTER'S STUDENTS
    Costs & finance TUITION 
    IE Alumni STUDENT & ALUMNI STORIES
    Contact university@ie.edu
    +34 915 689 932

    Conclusion

    Being one of the top MSBA Colleges in Europe, IE Business Analytics offers a comprehensive education in data analytics. It combines practical learning, global perspectives, and the latest technologies. The flexible program and partnerships with leading companies let students tailor their education to their career goals.

    Know Your Author
    Photo of Abhyank
    Abhyank Srinet
    |
    Study Abroad Expert

    Abhyank Srinet, the founder of MiM-Essay, is a globally recognized expert in study abroad and admission consulting. His passion is helping students navigate the complex world of admissions and achieve their academic dreams. Abhyank earned a Master's degree in Management from ESCP Europe, where he developed his skills in data-driven marketing strategies, driving growth in some of the most competitive industries.


    Abhyank has helped over 10,000+ students get into top business schools with a 98% success rate over the last seven years. He and his team offer thorough research, careful shortlisting, and efficient application management from a single platform.

    His dedication to education also led him to create MentR-Me, an AI-powered platform that offers personalized guidance and resources, including profile evaluation, application assistance, and mentoring from alumni of top global institutions.

    Continuously adopting the latest strategies, Abhyank is committed to ensuring that his clients receive the most effective guidance. His profound insights, extensive experience, and unwavering dedication have helped his clients securing of over 100 crores in scholarships, making him an invaluable asset for individuals aiming to advance their education and careers and leading both his ventures to seven-figure revenues.

    How business analytics is used in IT industry?

    Business analytics is an essential tool for IT companies to gain insights from the vast amounts of data they collect. By analyzing data, IT companies can identify patterns and trends, optimize processes, and make informed decisions about business strategies. For example, businesses can use analytics to identify the most profitable products and services, optimize pricing strategies, and improve customer experiences.

    Is business analytics the same as data analytics?

    Although the terms "business analytics" and "data analytics" are often used interchangeably, there are some key differences between the two. Data analytics refers to the process of analyzing data to extract insights and information. Business analytics, on the other hand, focuses specifically on using data to drive business decisions and improve performance. Business analytics involves not only analyzing data but also interpreting and applying the insights gained from that analysis to make strategic decisions.

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