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  • Masters Degree in Business Analytics (MS) Online

    Master of Science in Business Analytics

    Every piece of data has a story. Figuring out how to best tell and utilize that story for the good of your business is the goal of Drexel University’s online MS in Business Analytics. With an emphasis on “good data used well,” the program focuses on preparing you to work with a much wider variety of data than is typically analyzed allowing you to gather and analyze data to tell its story with insightful, actionable conclusions. Today, on average only 15 percent of data is actually being analyzed, making it imperative that companies find candidates who are capable of analyzing a much larger array of data, like text, video and audio. 

    What Is Business Analytics?

    “Data” is a buzzword today, but for a business to be successful, that data needs to be effectively gathered and analyzed to help inform a company’s future. The role of a business analyst is to do exactly that: they review and analyze historical data in the hopes of gathering insight that can help shape a company’s future decisions. Business analytics professionals do this through skills like data management, data visualization, predictive modeling, data mining and forecasting simulation.

    Drexel’s MS in Business Analytics online program features:

    • Business Core - These courses provide the insight to better understand the value of analytics within business.
    • Foundation Courses - The three pillars of analytics - statistics, data management and predictive modeling – provide in-depth analytical skills. These foundational courses make up the bulk of your credit hours, preparing you to tackle every step of the business decision-making process.
    • Concentrations and Electives - Through your electives, you have the option to choose a concentration in either Information Systems, Statistics, or Modeling, as well as a custom concentration from a variety of disciplines at the University.
    • Capstone - This project will help you to analyze and reflect on what you have learned throughout your course of study.

    Whether you are interested in staying in your current field or changing careers altogether, the online master’s in business analytics program at Drexel will prepare you to provide valuable insights in a wide variety of industries such as engineering, finance, economics, technology, or marketing.

    What is the Difference between Business Intelligence (BI) and Business Analytics?

    Business intelligence and business analytics professionals have a lot in common.  Both deal with interpreting data for the good of an organization. However, they address two different parts of the same problem: what can data tell a business about how to be successful? Professionals in business intelligence tend to focus on the past, looking at historical data to find trends that led to the company’s decisions. Business analytics professionals, on the other hand, look to the future. They look at historical data to try and project how businesses can grow and change successfully in the years ahead. 

    What Does The Ms In Business Analytics Degree Consist Of?

    Drexel’s MS in Business Analytics focuses on three pillars:

    • Statistics - Our faculty teaches future leaders how to find value in the data. Drexel’s courses provide insights to better understand the importance of data-driven decision-making for today’s businesses.
    • Modeling - Learn to model the data and use proper techniques based on the right data sets, algorithms, and variables. More importantly, you'll be able to communicate the results to executives so they understand the model and how it can benefit the business.
    • Data Management - Big data is here to stay. Learn to manage and utilize big data that drives industry decision making.

    Graduates of the program will be able to formulate a question or problem based on data, model the data based on the problem, analyze the data, and, most importantly, present the data to executive leadership in easy to understand language.

    How Long Does It Take To EARN An Online Ms In Business Analytics?

    Depending on the amount of courses taken per term, Drexel’s online MS in Business Analytics can typically be completed in 18-24 months. Upon graduating, you’ll be able to confidently tackle the workforce knowing that you have the tools you need to succeed. From formulating a problem and modeling it out conceptually to gathering and applying data, you’ll be ready to solve real-world problems with the skills you’ve learned from your courses. And, thanks to the online format, you can schedule your classwork around your life.

    Is Math Crucial to Business Analytics?

    While math plays a role in data analytics, it’s not necessarily the defining characteristic of the field. Far more important is the ability to explore data with an eye for relationships and insights that can benefit an employer in the future. You will take some classes in statistics, but no one should rethink pursuing a degree in business analytics because of their math skills.

    What Kinds of Jobs Can You Get With an MS in Business Analytics?

    An MS in Business Analytics prepares you for a variety of data-driven careers throughout the business field. Just a few of the job titles graduates can earn are:

    • Analytics Analyst
    • Application Developer
    • Business Intelligence Analyst
    • Business Intelligence Engineer
    • Business Technology Analyst
    • Consultant
    • Data Science Manager
    • Data Scientist
    • Digital Media Analyst
    • Market Research Analyst
    • Predictive Modeler
    • Pricing Analyst

    (From the State of Business Analytics Report: 2017 – LeBow Business Analytics Solutions Center)

    What Salary Will I Earn in Business Analytics?

    Armed with the skills needed to analyze a wide variety of data, graduates of Drexel’s online business analytics degree are ready to command a competitive salary.

    Job Title

    Average Base Pay*

    Analytics Analyst

    $67,912

    Application Developer

    $73,281

    Business Intelligence Analyst

    $81,307

    Business Intelligence Engineer

    $91,201

    Business Technology Analyst

    $69,916

    Data Scientist

    $99,539

    *Data from glassdoor.com

    Request More Information about the online MS in Business Analytics program at Drexel or Apply Today!


    Drexel University offers a variety of Graduate Minors that can be added to any master's degree program.
    State restrictions may apply to some programs.

    Courses

    This program is organized into four 10-week quarters per year (as opposed to the traditional two semester system) which means you can take more courses in a shorter time period. One semester credit is equivalent to 1.5 quarter credits. Use our quarter to semester credit converter to calculate the difference.

    You may transfer up to 9 graduate credits into the program. 

     Term Course  Title Credits 
     Fall (6 credits) MIS 612  Aligning Information Systems and Business Strategies 3.0
      STAT 610 Statistics for Business Analytics 3.0
    Winter (6 credits) MIS 633  Predictive Business Analytics with Relational Database Data 3.0
      STAT 630  Multivariate Analysis 3.0
    Spring (6 credits) MIS 634 (or) MIS 632  Advanced Programming in SAS (or) Database Analysis and Design for Business 3.0
      STAT 642 Data Mining for Business Analytics  3.0
    Summer (6 credits) OPR 601  Managerial Decision Models and Simulation  3.0 
        Concentration/Elective: STAT, MIS, OPR, Functional Area of Business Concentration  3.0 
    Fall (6 credits)  BUSN 710  Business Analytics Capstone Project  3.0 
        Concentration/Elective: STAT, MIS, OPR, Functional Area of Business Concentration  3.0 
    Winter (6 credits)  OPR 620  Operations Research I  3.0
        Concentration/Elective: STAT, MIS, OPR, Functional Area of Business Concentration  3.0 
    Spring (6 credits)    Concentration/Elective: STAT, MIS, OPR, Functional Area of Business Concentration  3.0 
        Concentration/Elective: STAT, MIS, OPR, Functional Area of Business Concentration  3.0 
    Summer (3 credits)    Concentration/Elective: STAT, MIS, OPR, Functional Area of Business Concentration  3.0 
    Total credits      45.0 

     

    View Course Descriptions

    Admissions Criteria

    • A bachelor's degree from a regionally accredited college or university with a GPA of at least 3.0. No specific undergraduate major is required. Degrees earned abroad must be deemed equivalent to a U.S. bachelor's.

    Required Documents

    With multiple ways to submit documents, Drexel makes it easy to complete your application. Learn more by visiting our Completing Your Application Guide.

    • A completed application
    • Official transcripts from all universities or colleges and other post-secondary educational institutions (including trade schools) attended
      • Unofficial transcripts may be sent to expedite the review of your application, however if you are accepted into the program, official transcripts must be received before the beginning of classes
    • Two professional letters of recommendation
      • The letters should speak to your performance and accomplishments, and attest to your ability to succeed within the program
    • Resume - Quality and quantity of professional experience will be evaluated
    • Essay
      • This personal statement (approximately 500 words) should describe in detail your reasons for pursuing a graduate degree from LeBow College, your short-term and long-term career plans, and how your background, experience, interests, and/or values, when combined with a Drexel graduate degree, will enable you to pursue those goals successfully.
    • GMAT score of at least 570
      • GMAT exam is waived for those who hold terminal degrees such as a JD, MD, PhD, or DDS
      • The GRE is also accepted in lieu of the GMAT, with scores of at least 153 in both verbal and quantitative reasoning, or a score of at least 1170 on the old test.
      • You may petition for a GMAT or GRE waiver if you:
        • have comprehensive professional experience, with a significant scope of responsibility, including people or project management
        • can demonstrate progressive career experience
        • can demonstrate strong quantitative skills
      • GMAT or GRE waiver requests should be submitted in writing to applyDUonline@drexel.edu and convey how you meet those three requirements
    • Additional requirements for International Students

    Tuition

    The tuition rate for the academic year 2018-2019 is $1139 per credit.

    • This program is eligible for Financial Aid.
    • Special tuition rates available for Drexel University AlumniMilitary members, and members of our Partner Organizations
      • These rates apply only to new online students and students being readmitted.
      • Tuition rates are subject to increase with the start of each academic year in the fall term.
      • All students must contact applyDUonline@drexel.edu within the first two weeks of the term to request tuition savings for which they qualify.
      • Special rates cannot be combined. If you qualify for more than one special rate, you'll be given the one with the largest savings.
      • When receiving special tuition plans with Drexel University Online, you may not combine them with other tuition benefits that may be available from Drexel University.

     

    Academic Calendar

    2018-2019 Academic Year

    Term

    Classes Begin

    Classes End

    Exams Begin

    Exams End

    Fall 2018

    September 24, 2018

    December 8, 2018

    December 10, 2018

    December 15, 2018

    Winter 2019

    January 7, 2019

    March 16, 2019

    March 18, 2019

    March 23, 2019

    Spring 2019

    April 1, 2019

    June 8, 2019

    June 10, 2019

    June 14, 2019

    Summer 2019

    June 24, 2019

    August 31, 2019

    September 3, 2019

    September 7, 2019

     

    Previous Academic Calendar

    2017-2018 Academic Year

    Term

    Classes Begin

    Classes End

    Exams Begin

    Exams End

    Fall 2017

    September 25, 2017

    December 9, 2017

    December 11, 2017

    December 16, 2017

    Winter 2018

    January 8, 2018

    March 17, 2018

    March 19, 2018

    March 24, 2018

    Spring 2018

    April 2, 2018

    June 9, 2018

    June 11, 2018

    June 15, 2018

    Summer 2018

    June 25, 2018

    September 1, 2018

    September 4, 2018

    September 8, 2018

    Apply today for the Masters Degree in Business Analytics (MS) Online

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