Know why the US is a popular destination to study Business Analytics

Business analytics trains individuals to transform big data into usable intelligence. A business analytics course includes quantitative and statistical methods, computational tools, and prediction models that can be used for analysing businesses. Owing to the legacy of academic excellence and increasing job opportunities, and over 210 universities offering this course, a lot of students prefer the US to pursue business analytics. Given that the demand for business analytics professionals is increasing, it has become a prevalent career option.


Why study business analytics in the US?

According to Indeed, the USA has 1,15,200 new job opportunities openings and because of this, the demand for skilled professionals has increased over time. Here are other reasons for pursuing business analytics in the country:

  1. Shorter duration of the course, up to 12 months.

  2. Post-study work rights up to 3 years.

  3. Students can work up to 20 hours a week part-time.

  4. Graduate, teaching, and research assistantships available.

According to the Bureau of Statistics, the predicted growth of the business analytics sector is 27% between 2016-2026.
Top universities for pursuing business analytics in the USAccording to the QS World University Rankings 2022, ten US universities rank in the top 50 for business and management courses.

S.no.

University

Rank

1.

Harvard University

1

2.

Stanford University

4

3.

Massachusetts Institute of Technology

5

4.

University of Pennsylvania

7

5.

University of California, Berkeley (UCB)

12

6.

Northwestern University

16

7.

New York University (NYU)

18

8.

University of Chicago

19

9.

Columbia University

22

10.

University of Michigan-Ann Arbor

27

Source: https://www.topuniversities.com/university-rankings/university-subject-rankings/2022/business-management-studies

Documents required for application

Here is the list of documents you will need to submit for a successful application:

  1. A valid passport with an extended validity after the course. Also, a copy of your previous passport if applicable.

  2. Educational qualifications, certificates, original mark sheets, score sheets of GMAT, GRE, IELTS, etc.

  3. A statement of purpose stating the applicant’s academic achievements, and co-curricular and professional accomplishments.

  4. 2-3 professional and academic letters of recommendation.

  5. Resume and work experience certificate; required in some universities.

  6. Hard copy of DS-160 form and I-20 Form.

  7. Proof of financial resources such as bank statements, tax returns, salary slips, scholarship letters, etc.

Career prospects

With big firms like IBM, BMW, McKinsey, and BCG instantly hire these graduates from universities, the USA is an excellent place for business analytics graduates. Let’s look at some of the most popular jobs in this field in the USA:

Jobs

Average Salaries (INR)

Data Scientist

59,38,686

Management Analyst

61,68,118

Business Analyst

81,14,975

Financial Analyst

69,19,860

Business Management Analyst

63,84,360

Business Data Analyst

59,01,800

*IndicativeThere are ample number of opportunities for students who want to pursue business analytics in the US. Consulting, finance, health care, automotive, software services, and tech are a few industries you can opt for after completing your degree.According to the Bureau of Labor Statistics, a business analyst is paid an average salary of USD 94,390, which also makes it a desirable course for international students. To know more details on pursuing business analytics course in the US, feel free to contact our IDP international education experts , who can help you understand the entire admission process.