For business schools, big data is big business.Specialist masters degrees in business analytics have exploded since first bursting onto the scene a few years ago. Elite institutions meanwhile are bringing data analytics into their MBA programs. Many more are rumoured to be doing so.
But which are the best data degrees?
There are few reliable, comprehensive rankings of masters degrees in business analytics. The bellwether rankings providers — the Financial Times, The Economist and Bloomberg — focus on full-time MBA programs.
TFE Times’ 2016 Master of Business Analytics Rankings are among the best. The publications’ latest league table places USC Marshall’s MSc in Business Analytics at the top.
USC’s program takes 18 months to complete. Tuition is estimated to be $51,300.
Yehuda Bassok, USC professor of data sciences and operations, said it’s crucial for all business students to have an understanding of big data to solve management conundrums. But, he said, “we are not training students to become data scientists”.
In a ranking of US programs, NYU Stern’s analytics-focused degree and Lally School of Management’s MS in Business Analytics take second and third places, respectively.
“Data is the backbone for all business decisions,” said Roy Lee, assistant dean of global programs for NYU Stern. He said that jobs for graduates abound: “We can’t develop experts in business analytics fast enough.”
About 86% of Lally’s 2014-2015 graduates had jobs within three months of graduation, with an average salary of $71,500. Companies snapping them up include IBM, Cisco Systems, and Accenture.
At no 4 in the ranking is Rochester’s Simon School, whose graduates have gone on to work at PwC and insurance group Nationwide; no 5 is Texas’ McCombs School of Business. McCombs’ course takes 10 months to complete. Tuition costs up to $44,000. Among the top employers are Deloitte and Walmart.
Michael Hasler, director of the MSc in Business Analytics at McCombs, said that companies have recognized the need for deeper analytical rigor in decision making.
“The internet and lower cost computing and data storage have enabled organizations to gather and store much larger amounts of data,” he said, revealing important insights.
Meanwhile, programs at Arizona’s W.P Carey School, Dallas’ Naveen Jindal School of Management, Villanova’s School of Business, and the Stevens Institute of Technology are all ranked highly.
Michael Goul, chair of Carey’s Department of Information Systems, said that to truly utilize big data, business students “need to have more than an occasional acquaintance with what data science is about”.
Student Reviews
New York University - Leonard N. Stern School of Business
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NYU is a wonderful school where you can really learn anything you want to know. New York College gives probably the best training inside a city climate. I can see NYU becoming a leader in the technology and infrastructure industries thanks to its rapidly expanding engineering school. I love the delightful way proficient the teachers are and how the educational plan is set up.
Amazing school environment
The campus of New York University is very diverse, has excellent programs, and the professors are nice. NYU's location is fantastic because it is close to Manhattan. There is so much to learn about and such a lively environment created by the city. Additionally, I believe that the urban location of the campus aids students in developing important life skills.
Transformative experience
The experience of going to New York University (NYU) has been transformational. An environment that is conducive to study is created by the lively campus and multicultural community. NYU provides a comprehensive education that goes beyond the classroom thanks to the access to limitless opportunities in the center of New York City. The student experience is further improved by the support services and extracurricular activities. I wholeheartedly endorse NYU as a fantastic university.
This programe was strong!
The studies we're great, I learned the ins & outs of modern history. The subjects taught were on point (biology, art, etc.)
The staff was well trained and were very helpful and kind. Facilities were also on point.
The pricing can be a bit expensive though, but it is worse in Massachusetts.
NYU's Undergrad Accounting
The Stern School of Business provides the undergraduate accounting program at New York University. Students are prepared for careers in accounting, finance, and related fields through this highly regarded program. In addition to a comprehensive business education, the program provides students with a solid foundation in accounting principles.
The educational program remembers courses for monetary bookkeeping, administrative bookkeeping, tax collection, evaluating, and data frameworks. Economics, statistics, finance, and management are also required courses for students.
Through internships and other experiential learning opportunities, students have the opportunity to gain practical experience in addition to the coursework. Additionally, the program has strong connections to leading accounting firms, which may offer students a route to employment opportunities after graduation.
By and large, the undergrad bookkeeping program at New York College is a thorough and extensive program that can give understudies the abilities and information they need to prevail in the field of bookkeeping.
Journalism program
The best professors!!!! Really talented and experienced, full of knowledge and gave really a hands on education. We worked like a real newsroom, got assigned stories and were given the tools to go after them.