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Business Analytics

Six reasons why you should pursue a master’s degree in business analytics

Online Manipal Editorial Team | July 07, 2022

Key takeaways:

  • Getting a master’s degree in business analytics is worth it because you learn to bridge the gap between the IT industry and the business field. It enhances your analytical skills and logical reasoning.
  • If you have a keen eye for identifying minor details and issues and understand how to tackle a situation, pursuing a master’s degree is worth the money and time.
  • You learn how to organize and keep track of the records as your team’s project manager.
  • The master’s degree allows you to boost the communication skills required in top firms to communicate with business stakeholders.
  • A business analyst develops a great social network, which helps the corporate world to communicate in a fast-pacing world. 

There has always been a great opportunity for those seeking career growth in data professionalism. In a business-driven world, it has become entirely useful and convenient for people to get a master’s degree in business analytics. You must be wondering whether it is worth the career advancement it showcases for growth and development. 

Almost all leading global companies highly recognize the value of business analytics as it involves the core statistical analysis of a company’s data, which only requires a professional. A professional business analyst examines the company’s productivity and always tries to find ways to optimize the profit levels. If you are someone with a knack for analysis, writing, and documenting statistics and hold strong communication skills, it would be the right option to choose a master’s degree in business analytics. 

Six reasons why a master’s degree in business analytics is worth

Although people think that getting a career growth in business analytics is all about a steep salary, it is a fun pacing world that allows passionate analytics to thrive in the digital world. Here are the few essential reasons for getting a master’s degree – 

  1. You explore a variety of options

Choosing a career in business analytics opens you up to more opportunities. The more you learn, the more you get to explore your career choice in data analytics, data science, and so on. It enhances your studying style and helps you understand yourself better. You get various options to choose from different industries such as manufacturing, finance, technology, or healthcare. 

  1. The preferred choice of employers

An advanced degree brings you multiple career opportunities based on your will to work in a busy environment by leveraging your logical reasoning and data skills. A master’s degree provides you with hands-on skills training for the job as you go through real-time business problems that require a logical solution.

When you choose to study master’s in such an advanced technology field, the employers are forced to look through your profile twice and examine your personality, leadership skills, project management skills, and logical thinking in a given situation.

  1. Your analytic skills enhance

When you go for a postgraduate degree, you get to learn from professionals and carry the knowledge with you for a lifetime. The analytic programs allow you to embrace your analytic power and sharpen your skills throughout a period. A good analyst translates data into user-friendly information, helps the company generate valuable reports on a real-time basis, filters out unnecessary data, and verifies the data procured from reliable sources before submitting it to their heads. 

  1. Qualified course in career growth

As the business analytics course is highly recommended by a lot of analysts and company employers, it is known as a great option for a career. There is no end to knowledge and development over here as you walk through every detail and learn from it. You develop your analytical skills from theory to practicals in a professional and advanced manner.

  1. Great potential for earning

It is one of the obvious reasons that an advanced career helps you embrace your talent while getting the recognition you are worthy of. As every other company working from the office or home uses technology and thrives with a business and data-driven mindset, it has become efficient and vital for a person with a master’s in this domain to get the right potential salary growth. 

Choosing to grow in the business analytics domain is a win-win situation as you are always in a profitable situation once you graduate. A standard business analyst’s salary can range between INR 7 Lakhs per annum (up to INR 59k per month). In comparison, a great promotion based on your capabilities can extend the earning level to INR 15L per annum ( INR 1.25 Lakh per month). 

  1. Keeps you up-to-date in professional networking

If you enjoy working in a professional gathering with like-minded people, then it is surely worth getting a master’s in business analytics as it ensures that you are up-to-date in your professional life and always ahead of the competition. A master’s degree allows you to explore the university and connect with people and understand them.

It is a lifetime connection that you carry on when you enter the corporate world. The more you build your communication skills, the more you learn to stay updated. A master’s degree in business analytics showcases your interest and capability. 

A great university always teaches you something, and with a master’s degree in an emerging technology-driven domain, you not only build your language and technical abilities but also gain access to building your confidence and compassion to work smart. It prepares you for the corporate world in the perfect manner by boosting your confidence and competence level, enabling you to go beyond the limits to achieve a target. 

You find your hidden ability to face the unwelcomed obstacles with confidence and power to attack anything getting in the way. So, yes, indeed, Getting a master’s degree is pretty worthy of being considered in today’s fast-paced world.

Career options with a master’s in business analytics

There are numerous opportunities like these to excel in a career path by choosing to pursue a master’s degree in business analytics. The most prominent industries that hire candidates for this career are professional and technical services, finance and insurance companies, healthcare associations, and manufacturing companies.

  • Consultant
  • Data Analyst
  • Business Analyst
  • Program Analyst
  • Management Analyst
  • Operations Analyst
  • Statistician
  • Chief Data Officer
  • Chief Technology Officer
  • Research Analyst
  • Process Analyst
  • Project Manager
  • Analytics Translator

READ MORE: Career options with an M.Sc. in Business Analytics

Ensure that you choose the right path

When it comes to choosing a career by pursuing a master’s degree, it is highly important to understand the basics of it. A master’s degree in business analytics will push you to move forward to perform rigorous and challenging tasks, which will further enhance your technical abilities. So, when you invest your time and money in choosing the right career, make sure to note down the pros and cons beforehand. 

Studying at a reputed institution

Get professional hands-on learning with the Master of Science in Business Analytics from the prestigious Manipal Academy of Higher Education (MAHE). This program at Online Manipal is specifically designed for aspirants looking forward to transforming their careers in technology and data science in a span of 24 months. The entire course will help you build a strong foundation in Business Analytics and Management. We enable the eligible candidates to thrive in their careers by exposing them to the world of statistical modelling, big data, and data visualization. 

Online Manipal provides you with live online sessions and anytime, anywhere learning through the state-of-the-art learning management system (LMS). The course fees for M.Sc. in Business Analytics in MAHE are INR 2,60,000/- (INR 65,000/- for each semester). 

Master’s in Business Analytics subjects:

Subjects you learn in a Master's program in Business Analytics

Eligibility criteria for Master’s in Business Analytics 

Followings are the eligibility criteria for Indian as well as international students who want to pursue the course. 

  • Indian students

Undergraduates with statistics as a major from a recognized university. The minimum qualification for eligibility is 50% of the grade recognized by the Associate of Indian Universities (AIU). 

  • International students

Undergraduates with statistics as a major from a recognized university. The minimum qualification required for eligibility is 50% of the grade recognized by the Associate of Indian Universities (AIU). 

The international students who are non-residents may be charged an international fee for the respective degree along with ID proof, visa, PR card, and passport copy in documents for valid proof. For both students, the work experience is not mandatory, and it can depend on the student. 

For candidates from both regions, the work experience is desirable.

Why choose Online Manipal for a master’s in business analytics?

Here are some of the distinguishing elements of pursuing online M.Sc. in Business Analytics from Online Manipal: 

  • Experienced world-class faculty
  • Effective pedagogy
  • Advanced online learning platform specifically designed for immersive learning
  • Live projects and assignments
  • Real-time case study
  • Live lectures from industry experts
  • Exposure to various advanced technologies
  • Remote learning & Placement assistance 
  • Thorough career counseling post the graduation
  • Access to sound technical knowledge
  • Great job roles as a Business Analyst, Data Analyst, or Data Scientist
  • Quick financial loan options
  • Special scholarships for defense, merit, and disabled students
  • Official certificate provided by MAHE Online 

When you choose to pursue your master’s in business analytics from Online Manipal, you learn to drive your analytic skills and put your logical reasoning abilities to work. By studying at this renowned and top-ranked institute, you expose yourself to the program that offers a variety of job roles with lifetime benefits. Online learning helps you flexibly learn from any location. Under the guidance of industry-experienced faculties, you will succeed in achieving your goals in the finance domain by choosing Online Manipal. 

Final thoughts

You can check online M.Sc. in Business Analytics at Online Manipal. With flexible learning from remote areas, you get the comfort of enhancing your knowledge and skills with our 24 months master’s program, starting from INR 65,000/- per semester.

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