What type of jobs can you get with a Master's in Business Analytics?

The MS in Business Analytics prepares students to decode the complex issues today's organizations face through data analysis and deliver high-value solutions. 

Are you seeking a degree with lucrative career opportunities? A Master's in Business Analytics equips individuals with the skills and knowledge needed to excel in the data-driven world of business. This program blends statistics, computer science, and business strategy to analyze complex data sets and extract valuable insights. Graduates of this program are skilled at interpreting data trends, making informed decisions, and implementing strategies that drive organizational success. 

An ​​​​MS in Business Analytics can also significantly enhance career prospects across various industries. The rapid growth of modern technology has put data at the focal point of today's competitive job market, and businesses need individuals who can harness the power of this information to drive innovation and optimize processes. Upon completing their degrees, graduates are well-positioned to thrive in roles ranging from data analysts and project managers to business consultants and high-level executives. 

What is an MS in Business Analytics? 

Ultimately, a Master's in Business Analytics opens doors to diverse and rewarding career paths, empowering professionals to make meaningful contributions in an increasingly data-driven global economy. Business analytics careers run the gamut across various industries and sectors, with positions in management, operations, analytics, and more. Roles for which this degree qualifies you for include data scientists, analysts, business intelligence engineers, and analytics managers. 

What are the job prospects for candidates with an MS in Business Analytics? 

Business analytics jobs are experiencing a surge in demand as organizations recognize the critical role of data-backed strategy in gaining an edge in the market. This trend has boosted the job prospects for candidates with a Master's in Business Analytics degree. In 2022, the Bureau of Labor Statistics (BLS) predicted more than 20% projected employment growth for data scientists, statisticians, actuaries, and operations research analysts by 2032. The BLS expects the spike in demand for job employment to remain robust as companies expand to online storefronts, offering promising career opportunities with strong salary potential. An MS in Business analytics can prepare you for these positions: 

Business Analyst

Business Analysts bridge the gap between data analysis and business strategy by interpreting data and forming actionable insights to excel the company. Whether optimizing processes, improving product performance, or enhancing customer experience, business analysts are vital in driving efficiency and innovation within companies. As of 2023, the median annual business analyst salary potential is $93,000. The job outlook is growing much faster than average at 10%. 

Data Scientist 

In this role, professionals use statistical modeling, machine learning algorithms, and programming languages to extract findings from large datasets and solve complex business problems, ranging from predictive analytics for sales forecasting to recommendation systems for personalized marketing. Data scientists' median salary outlook is $100,910 per year but can vary depending on experience level and location. The job demand for data scientists is growing faster than average at 35%. 

Financial Analyst 

Financial Analysts with a background in business analytics possess a unique skill set that enables them to provide financial assistance and forecast future performance. They utilize statistical models and data visualization techniques to identify key trends and risks, helping organizations strengthen their financial strategies, manage resources efficiently, and achieve their business objectives. These analysts earn a median annual salary of $96,270, with a projected job demand of 8% until 2032.  ​     ​ 

Management Consultant 

Management Consultants offer strategic advice and solutions to organizations seeking to improve performance and maximize efficiency. They work closely with clients to understand their goals and challenges, conducting thorough analyses to provide recommendations that drive sustainable growth and competitive advantage in the market. Management consultants earn an annual median salary of $63,292 and a projected demand of 10%. 

Market Research Analyst 

Market Research Analysts are critical in helping organizations understand market dynamics, consumer behavior, and competition. They employ a variety of research methodologies, including surveys, focus groups, and data mining techniques​​ to identify market trends, customer preferences, and growth opportunities. By leveraging data-driven insights, Market Research Analysts enable organizations to make informed decisions and develop effective marketing strategies to reach target audiences and drive business success. The annual median salary potential is $68,230 for this role, with a projected employment demand of 13%, higher than average. 

Operations Research Analyst 

Operations Analysts focus on optimizing business processes and improving operational efficiency within organizations. They analyze data and detect impediments to recommend solutions for streamlining operations. The projected demand for operations analysts is higher than average, at 23%, and they earn $82,360 annually. 

How have D'Amore-McKim MSBA graduates advanced their careers? 

Exploring how data impacts the world of business

2022 graduate Daewon Yoon states, “I am grateful that ​​the MS in Business Analytics program opened my eyes to the business world and made me curious about data and how companies use it. I am confident that I can bring the lessons I've learned and skills I've gained into my future career.” After completing his graduate co-op as a financial analyst, Daewon was offered a full-time position at Samsung Neurological. 

How graduate co-op leveled up her skillset

Sarocha Promsombat '22 credits D'Amore-McKim's MS in Business Analytics program as a “powerful stepping stone” in her career. After working at Amazon in IT and Technical Assistance, he has taken her talents to ConcertAI, where she serves as a business analyst. Sarocha says,” The Graduate Career Center has been beneficial in preparing me for my future career. The support I've received will allow me to walk confidently into future interviews and positions.” 

Fusing computer science experience with a passion for business

Sai Prasad Sashank Urlam, class of ‘22, knew he wanted to pursue his MSBA after working in various industries experimenting with client-facing and coding roles. After completing his graduate co-op in business intelligence at T-Mobile, he claims, “My MS in Business Analytics courses have helped me become comfortable with data analysis. Learning to analyze data for people and businesses has made me successful in this co-op position.” 

Is a master's degree in Business Analytics right for you? 

If you think a career in big data is right for you, graduate education can be one of the best ways to develop the expertise you need. At D'Amore-McKim, our innovative, STEM-designated Master's in Business Analytics program, taught with our signature focus on the tech economy, will prepare you to respond to challenges and deliver successful solutions quickly and confidently. Learn more about what a Northeastern education can do to help you achieve your career goals.