Online Masters Degree in Business Analysis

Are you someone who can translate numbers into an action plan? Companies need business analysts to interpret their vast amounts of information and help them make decisions. Statistical analysis offers a competitive advantage in today's data-driven economy. A master's degree trains professionals in the theory, practices and technologies for effective data analysis.

Earning master's degrees in business analysis

Business analysts mine an organization's data for insights into operations, production, finance, planning and other strategic areas. Business intelligence uses IT resources and data to inform corporate decisions. The curriculum covers advanced data mining and modeling techniques, as well as management science and operations research. Additional courses include these:

  1. Applied regression analysis
  2. Knowledge management
  3. Marketing intelligence
  4. Operations planning
  5. Quality management

Specialties may target data warehousing, enterprise resource planning, supply chain management and customer relationship management.

You can choose from the Master of Science in business analysis or an MBA with a concentration in business analysis. The M.S. features the opportunity to specialize. The professional MBA builds a broad foundation in fundamentals such as finance and human resources before moving the focus to data analysis.

Career prospects in business analysis

Business analysis is a versatile skill in demand across the economy. Career options include accounting, financial and investment analysis, risk management, market research, operations research and system analysis.

The Bureau of Labor Statistics reports that management analysts or consultants should see a healthy 22 percent growth rate in the decade ending in 2020, with particular demand for information technology consultants. The mean annual wage was $87,980 in 2011.

Financial analysts can also expect faster than average job growth of 23 percent in the 2010-2020 period, according to the BLS. The mean 2011 wage was $87,740.

Computer systems analysts work at the intersection of IT and management -- they optimize data systems, from data warehousing to business intelligence applications. The BLS projects job growth of 22 percent, and the mean 2011 salary was $82,320.

Educational options in business analysis

Master's degrees in business analysis are available online to accommodate working professionals. Those seeking further education may choose an online doctorate, or DBA. This advanced degree could lead to senior leadership or university teaching and research.

Business analytics realizes the potential latent in an organization's data and technology assets. Realize your professional potential with a master's degree in business analysis.

Featured Online Business Analysis Degree Programs

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