Masters in Business Analytics in Canada

Prepare for a career full of possibilities with a Master’s in Business Analytics degree from Canada’s top institutions.

A pragmatic combination of Information Theory, Data Science, Business Intelligence, and Computer Science makes the Masters in Business Analytics course. The aim of studying Business Analytics is to learn the conversion of available data into business insights that can be used in taking the correct decisions. The postgraduate course in Business Analytics in Canada has a maximum duration of two years with exciting fields, including Statistical Studies, Economics, Machine Learning, and Data Management, among others. You can hope to make a real difference in the business world after your successful completion, as the course has a huge demand in the Canadian corporate sector.

Why study Masters in Business Analytics in Canada?

The Master's program in Business Analytics in Canada is experiencing high demand owing to its versatile utilization in various industries and corporate settings. If you too are contemplating pursuing an MSc in Business Analytics, here are some reasons why you should choose a Canadian institution to study.

Three of the eight universities that offer MS in Business Analytics in Canada are among the top educational institutions in the world
As per the Bureau of Labor Statistics, jobs related to Business Analytics will witness a rise by 2026
The package offered to candidates after they complete their Masters in Business Analytics in Canada is competitive.

Business Analytics Courses in Canada for Indian Students

The duration of Masters in Business Analytics courses in Canada is 1-2 years. You can opt for this course if you have graduated in Data Analytics, Computer Science, or Statistical Mathematics. As you pursue your Masters in Business Analytics program in Canada , the subjects you will cover are Supply Chain Analytics, Big Data Analytics, Predictive Modelling, People Analytics, Energy Analytics, Data Visualisation, Programming for Analytics, Operations Analytics, etc. The Business Analytics courses that are available in Canadian universities are:

Master in Business Analytics
MBA Business Analytics
MS Business Analytics
MS in Data Analytics

Cost of Studying MS in Business Analytics in Canada for Indian Students

The tuition fee for studying MS in Business Analytics in Canada depends on the university you are choosing. The average cost of studying Masters in Business Analytics course in Canada ranges between CAD 20,662 and CAD 84,100 yearly. The other expenses that need to be considered are the living and pre-arrival costs. The cost of living will be around CAD 1500 to CAD 2000 monthly, while the pre-arrival cost is approximately CAD 1000. You must know that the living expenses are variable and depend on the student's lifestyle.

Eligibility Criteria and Admission Requirements to Study Masters of Business Analytics in Canada

To gain admission to a Canadian university for studying Masters of Business Analytics, you need to fulfill some eligibility criteria. The eligibility requirements for Masters of Business Analytics may vary from one university to the other. Therefore, you should check the criteria and apply for the course at your preferred university. Some of the common eligibility requirements are as follows:

You must have completed 4 years of Bachelor’s degree with subjects like Algebra, Calculus, and Statistics
You must have a GPA of 3.0 on a scale of 4.0
You must have cleared GRE/GMAT
You must have cleared an English language proficiency test like IELTS
You must have experience in Data Analytics and Computer Programming.

Once you match the eligibility criteria, you can proceed with applying for the course. As you fill out the application form, you will be required to provide some documents, such as

Academic transcripts
Proof of your English proficiency test score
A Letter of Recommendation
A Statement of Purpose
An updated resume.

You will need a study visa to study at a Canadian university as an international student. To get the study visa, you must provide the offer letter you received from the university where you applied for the course. The documents that you need to provide to apply for a Canadian student visa are mentioned herein below:

Your valid passport
Attested copies of your 10th, 12th, and Degree certificates
SOP (Statement of Purpose)
Letter of Recommendation
Proof of payment
Proof of funds
Passport size photographs
English Proficiency test score
Certificates of extracurricular achievements
An acceptance letter from your educational institution

Top Universities/Colleges for MSC in Business Analytics in Canada

Canada has some of the top-most universities in the world. These universities are known for equipping students with analytical skills such as gap analysis, data review, technical integration, qualitative and quantitative research, etc. These skills will help them to do well in their career after completing their Masters. A few of the best colleges for Business Analytics in Canada are listed below, along with their next student intake:

Name of the University	Next International Student Intake
University Of Alberta	Apr, Sep
Carleton University	Mar
UBC Sauder School of Business	Oct, Jan, Mar, and Apr
Western Ivey Business School	Mar
York Schulich School of Business	Nov
HEC University	Mar, Apr
McMaster DeGroote School of Business	Feb

Career Prospects after Pursuing Masters in Business Analytics in Canada

The rise in data-related jobs in Canada is steady. Therefore, you can easily find Business Analytics jobs in Canada . After you complete your Masters in Business Analytics, you can get a temporary work visa, which will help you get a job in the relevant field. The job roles that you can look for are:

Business Analyst
Market Research Analyst
Innovation Manager
Management Analyst
Business Intelligence Analyst
Business Data Analyst
Financial Analyst
Revenue Management
Data Scientist
Data Analyst
System Analyst

The salary of a Business Analyst in Canada starts at CAD 52,440 and goes up to CAD 86,827 per annum. With relevant work experience, the salary will increase over the years. The salary structure also depends on the job role you choose.

FAQs

1. What IELTS score is required for Masters in Business Analytics in Canada?

The IELTS score you need to study Masters in Business Analytics in Canada is 7.0, with at least 6.5 in each component.

2. Who is eligible to study Masters in Business Analytics?

To be eligible for studying Masters in Business Analytics, you must have a Bachelor’s Degree in subjects like Statistics, Mathematics, and Computer Science; you must have cleared GRE/GMAT, and you must have cleared an English proficiency test.

3. Which specialisation is the best for Masters in Business Analytics in Canada?

Some specialisations best for Masters in Business Analytics in Canada are Operations Analytics, Customer Analytics, People Analytics, and Accounting Analytics.

4. What is the duration of Masters in Business Analytics in Canada?

The duration of Masters in Business Analytics in Canada is 1-2 years. It varies from one educational institution to the other.

5. How can Indian students apply for MS in Business Analytics in Canada?

You can shortlist the Canadian university where you want to study MS in Business Analytics. You can then check the eligibility criteria, and if you fulfill all of them, you can apply for the course. While applying, you must provide several documents such as Academic transcripts, English language proficiency test scores, GMAT/GRE test scores, Proof of finances, a Statement of Purpose, a Letter of Recommendation, and your updated resume. Once your application is accepted, you will receive an offer letter from the university, post which you can apply for a student visa.

6. What are the scholarships available for studying Masters of Business Analytics in Canada?

As you pursue Masters of Business Analytics in Canada, you will come across various scholarships offered by many universities. Some scholarships are Asia Top Talent Scholarship International Talent Scholarship, Merit-based Entrance Award and International Student Award, Provost Entrance Scholarship The Woo Family International Entrance Scholarship, etc.

7. What is the difference between Business Analytics and MBA?

Business Analytics focuses on deriving Data Analysis, while MBA is into business planning, improving management, and expansion.

8. Is Business Analytics a STEM degree?

Yes, Business Analytics is a STEM degree. You need to have problem-solving skills and technical knowledge to study Business Analytics.

Masters in Business Analytics in Canada: Universities, Eligibility, Fees, and Jobs