UT Business Analytics Ranking: 14
The amount of data generated every minute in this world is staggering. With such a firehose of potential knowledge at our fingertips, there are both challenges and opportunities galore. On the one hand, making sense of all that information is not easy. On the other hand, if you can effectively harness the potential of Big Data, you can contribute valuable insight to companies that help them save money, innovate faster and build fabulous teams.
If that sounds like something you’d like to do, it’s time to consider a business analytics program. These short master’s degree programs combine the best of both data science and business management. With degree in hand, you’re well situated to finding a job in the field and enjoying a comfortable standard of living for the rest of your career.
The University of Texas at Austin offers one of the best examples of this program, with their McCombs’ Master of Science in Business Analytics. If you’d like living and learning in Texas for a year, it’s worth reading on.
How Long Is the UT Business Analytics Program?
The program is 10 months long, starting in the summer and finishing in the spring. It does not begin at any other point, so even if you are graduating in winter, you will need to plan to begin the master’s program in summer. The program requires you complete 6 credit hours in summer, then about 15 in fall and spring. You may take up to 6 additional credit hours, depending on space in and availability of programs.
What Will You Learn?
According to the school site, students in the UT MSBA program “learn to harness ‘Big Data’ and use it to develop more effective business practices and strategies.” Students accordingly learn a range of business, management and data science skills, specifically:
- Applied Statistics
- Applied Mathematics
- Computer Science
- Optimization
- Consumer Behavior
- Risk Management
- Operations Research
- Decision Theory
As they describe it, this is to “Ensure proficiency in the technical skills needed in the fast-paced field of Business Analytics,” before using the theories and concepts in real-world settings and then taking those skills into a real, live career.
What Opportunities Does the Program Offer?
UT intentionally cultivates high-profile recruiting for their students, working with “industry leaders like Walmart and Deloitte Consulting,” both of whom generously sponsor the program. Moreover, they offer “STEM (Science, Technology, Engineering and Math) certification hosted at one of the nation’s top business schools” and “A career development team with an outstanding record for helping students achieve post-graduate success.”
How Can You Pay for School?
Most MSBA programs cost around $50,000 for a single year. While that might sound like a staggering number, the results of this education are well worth it. Plus, you can defray the costs considerably with scholarships, providing you take the time to apply. Even if you do not qualify for many/any scholarships, you can still get federal and private funding, then work off your loans once you start your career. Because this role is so high-value and in-demand, finding a job should not be a problem.
Why UT?
Founded in 1883, the University of Texas at Austin has a sterling reputation as a public school with unparalleled research opportunities across its large campus. It was ranked No. 49 in national universities by US News & World Report, and No. 23 for veterans. With more than $650 million spent every year on research alone, you know you’re getting a valuable, modern and cutting-edge education.
Another benefit is the fact that you don’t have to have an undergraduate degree in programming or another related field. However, they do encourage people to know Python (a programming language) before beginning the program. This is an excellent program for people who have worked in data science or programming and want to enhance their skills, but it is also a good choice for those who want to move straight from a related undergrad degree to a master’s.
Ready to learn more about the McCombs’ Master of Science in Business Analytics? Feel free to explore our site or get in touch and ask question today!