Top Ten Schools for Data Science and Business Analytics Programs In the World
Data Science, Machine Learning, Big Data and Business Analytics are today’s buzzwords, a career that is highly in demand and with a shortage of skilled professionals. Today, companies and organizations require hundreds and thousands of skilled data scientists to process and analyse their data and in turn, help them make smarter business decisions. Data Science also involves the use of Machine Learning enabling computers to make decisions based on human behavior. Since a data scientist is required to make extremely careful predictions and analysis, they have to be properly trained and highly skilled. It is therefore important to check program options carefully and try to pursue data science studies in a reputed institute. Below are some of the top-ranking programs for Data Science and Business Analytics Programs.
1. Massachusetts Institute of Technology
Massachusetts Institute of Technology or MIT needs no introduction. Located in Cambridge, Massachusetts, MIT is counted among the top 5 research universities in the world in many areas including Engineering, Computer Science, Natural Science, Business, Architecture, Economics, and more. For Business Analytics aspirants, MIT today offers a 12-month Master of Business Analytics program. The program is designed for highly motivated and intellectually curious recent graduates or early career professionals who are keen to embark on a career in the data science industry. The Master of Business Analytics Program is a STEM-designated program, allowing international students to extend their training in the U.S. by 24-months Optional Practical Training (OPT) extension after completing the 12- month OPT. The application process includes GRE or GMAT scores, TOEFL or IELTS, video statement, letters of recommendation, essays, and resume. Interested applicants must check the complete application checklist prior to applying.
2. Imperial College London
Located in London, Imperial College is a world reputed public research university in medicine, science, business, and engineering. Imperial has been consistently ranked among the top 8 universities in the world by various professional surveys such as QS World University Rankings, Times Higher Education World University Rankings and more. Imperial’s one-year full-time MSc Business Analytics program is ranked no.2 in the world by QS University World Rankings and is considered to be a rigorous competitive program. The program is a highly, applied program, allowing students to develop their technical and quantitative skills while also choosing their projects and trending electives to suit their interests such as health-care, finance, logistics, and so on. The program is also available through part-time online mode, can be studied from anywhere in the world. Candidates with a quantitative degree background are preferred by Imperial for admission into its MSc Business Analytics program. Interested candidates can further check the college website for application requirements.
3. The University of Texas at Austin
Popularly known as UT Austin, the university located in Austin, Texas is consistently ranked among the world’s top and selective universities. UT Austin’s McCombs School of Business offers a rigorous 10-month STEM certified Master of Science in Business Analytics (MSBA) program designed to prepare students to meet the challenges of the data science industry. Students get to learn the use of Big Data effectively to solve business problems while also getting a global platform and networking opportunities for career growth. The program is open to any major though computer programming knowledge is preferred. Since the program is a STEM certified program, international students will qualify for the 24-month OPT extension work authorization. The application process includes GMAT or GRE scores, TOEFL or IELTS, video essays, letters of recommendation, essays, and resume. Applicants must check the complete application checklist prior to applying.
4. ESSEC - CentraleSupelec
Ranked among the top 5 business analytics programs in the world, the Master of Data Sciences & Business Analytics program is offered by Europe’s two of the most reputed Business and Engineering Schools – ESSEC and CentraleSupelec. The program is taught in two locations – France and Singapore. The program can be completed either in 1 year or 2 years depending on the candidate’s educational background and professional experience. The 1-year program is suitable for students with a Master's degree, a 4-year bachelor's degree, or a 3-years bachelor's degree with work experience. The 2-year program is designed for candidates with a 3-year bachelor's degree and without work experience. Students, therefore, have the option of choosing the right duration program basis their backgrounds. Unique features of the program include international field trips, digital workshops, entrepreneurship modules, industrial projects, and so on. Interested applicants must check the website for the application checklist before applying.
5. University of Melbourne
University of Melbourne’s Master of Business Analytics is among the top 5 business analytics programs in the world by various professional ranking surveys including QS World University Rankings. Offered by the Melbourne Business School, it is an advanced full-time rigorous program designed to produce industry-ready graduates to work in Australia and anywhere in the world. Students are taught foundational and advanced analytical skills to use in diverse areas including marketing, finance, and supply chain. Opportunities to work in real-world business and apply data analysis techniques are also provided. In addition, the school also has a unique Personal Effectiveness Program through which students can learn how to effectively communicate their findings with seniors. The school also offers a Master of Analytics Management program designed for management professionals who are keen to significantly develop their data extraction skills. Students must visit the university website for more admission details.
6. University of Warwick
The prestigious University of Warwick is among UK’s top 10 universities and among the top 50 in the world. The university’s 1-year full-time MSc program in Business Analytics is one of the world’s oldest analytics programme and consistently ranked among the top 10. Students can learn in-depth forecasting and data mining techniques, visualization, descriptive and predictive analytics, and more. In addition, the program comes with an opportunity to work with real clients. The application process includes English language requirements (IELTS) and applicants are required to have excellent IT and numeracy skills although you can come from any degree background. For more details on the admission process, candidates must check the admission page of the university.
7. IE Spain
IE School of Human Sciences & Technology offers these popular programs – a full-time Bachelor in Data and Business Analytics, a Master in Business Analytics & Big Data programs, and a part-time Global Master in Business Analytics and Big Data program. A data analytics program at an undergraduate level is rare and is the first of its kind at IE. IE also offers a dual degree program in International MBA + Master in Business Analytics and Big Data. The dual degree is designed for candidates motivated to develop and sharpen their business skills and enhance their data extraction and identification potential. IE’s competitive full-time programs have been training graduates to master data science tools, big data technologies, and business transformation techniques. Programs also feature real-world case studies, multimedia simulations, debates, international projects, and so on. Interested applicants may check program-specific application requirements and build a strong application to be accepted by the school.
8. University of Southern California (USC)
USC’s Marshall School of Business offers a highly ranked STEM certified MS in Business Analytics Program and a Graduate Certificate in Business Analytics. The MS program is unique – the program is offered both in full-time and part-time modes. Those who wish to complete their degree while working can opt for the part-time option. The program is designed to provide in-depth training in areas of statistical modelling, big data, visualisation, optimisation, decision making, etc. The Graduate Certificate is designed for those who wish to improve their skills in data science. The school’s excellent industry linkages and career support department enhances the professional development of its students. The application process includes GMAT or GRE test scores, TOEFL or IELTS, video essays, letters of recommendation, essays, and resume. A few years of work experience may also be helpful though not mandatory. Interested applicants should check the complete application checklist prior to applying.
9. University College Dublin
Ireland’s largest university the University College Dublin or UCD’s MSc in Business Analytics program is considered to be one of the leading business analytics programs in the world. The one-year full-time program includes the development and application of models to explore and solve business issues. The program is ideally designed for students with quantitative backgrounds. It is also a popular choice among business graduates and those with some professional experience. The program focuses on multiple aspects of analytics – decision making and management science, project management, simulation, spatial decision support systems, and so on, also including real-world capstone project typically with a top Dublin based analytics firm. Candidates keen to explore more about UCD’s business analytics program can visit their website and understand the admission process.
10. University of Edinburgh
The University of Edinburgh in Scotland offers a rigorous MSc in Business Analytics program which is considered among the top business analytics program in the world. The one-year full time academically rigorous program is offered by the University of Edinburgh Business School. Students are trained in various aspects such as Predictive Analytics and Modelling of Data, Game Theory for Business Analytics, Web and Social Network Analytics, Industrial Analytics, and so on. Admissions are competitive and open to students from any background with high academic standards. The school also offers a Masters in Marketing and Business Analysis, designed to train students for careers in both areas. Students are exposed to areas of Business Statistics, Data Mining, Marketing Applications, etc. Applicants may check the university website for further details on the admission requirements.
Apart from the highly ranked programs above, aspiring data analysts can also check the following schools some of which also offer online and executive education.
- Alliance Manchester Business School, UK
- National College of Ireland, Ireland
- Michigan State University, USA
- Carnegie Mellon University, USA
- NYU Stern, USA
- Georgia Institute of Technology, USA
- Purdue University, USA
- Rensselaer Polytechnic Institute, USA
- University of Strathclyde, UK
- Higher School of Economics, Moscow