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Master of Science [M.S] (Business Analytics)
Field of Study:
$91,250 /Yr
- The Master of Business Analytics at Sloan school of management, Massachusetts Institute of Technology(MIT) is a 2-year program.
- In just 12 months, the MIT Sloan Master of Business Analytics program prepares students for careers that apply and manage modern data science to solve critical business challenges.
- A highlight of the Master of Business Analytics curriculum is the Analytics Capstone Project, which gives students an opportunity to work on real-life data science problems with industry practitioners. All students receive a $22K+ tuition offset as a result of their participation.
- Apply these skills across a broad range of industries including management consulting, financial services, technology, energy, healthcare, manufacturing, and more.
- 100% of the students will graduate with full-time offers every year.
- The student to faculty ratio is 8.6:1 which increases the intractability between students and faculty.
- The Female to male ratio in this program is 39:61.
- The class size is 60 which makes it easy for the faculty to interact with students and make discussions.
- 70% of students in this program are international students which makes the program more international friendly.
- 7% of the students of this program seek for Ph.D.'s after graduation.
- Some of the companies in which the students' work are:
- Amazon
- Apple
- Boston Consulting Group Boston
- Gap, Inc
- Google.., etc.
- The average base salary of the graduates after getting placed is 110,000 USD.
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline For 2024 Intake | |
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $91250 |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing | $21600 |
| Transportation | $3552 |
| Food | $9720 |
| Total Cost | $34872 |
Cost of one year is $86300
Eligibility & Entry Requirement
Academic Eligibility:
- The students must have a bachelor’s degree(3 or 4 years) in any of the respective fields to apply for this program.
- The average GPA of the students in this program is 3.9.
- Students can apply with any bachelor’s degree but the majority of the students come from these fields like Computer Science, Economics, Engineering (variety), Finance, Management, Math, Operations Research, Statistics…, etc.
Work Experience:
- Work experience is not required but many of the students have an average experience of 15 months.
Language Requirments:
- The students whose official language is not English are required to write IELTS or TOEFL exams before applying.
- The TOEFL cut-off for this program is 90 out of 120.
- The IELTS cut-off will be decided by the university department.
Language Requirement Exemption:
- Students who have received instruction in English in their primary and secondary schools and students who have been in the United States for four years or longer and have received a degree from an American institution.
Exam Requirments:
- The students must compulsorily have to submit the scores of any one of the exams like GMAT or GRE.
-
MIT recommends that applicants interview with a member of the MIT Educational Council if available. Council members are MIT graduates who have volunteered to interview on behalf of the Office of Admissions.
Required Document List
- Online Application: Students have to submit an online application form at the official website.
- Application Fee: Students need to submit their application fees.
- Statement of Purpose: Reasons or intentions for pursuing studies in this program, including a description of prior experience.
- Letters of Recommendation: Three letters of recommendation are required.
- Official GRE Test Scores: Students have to submit their GRE Test Scores.
- ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
Application Deadline Round 1 (30th Sep 2024) Application Deadline Round 2 (14th Jan 2025) Application Deadline Round 3 (7th Apr 2025) | USD 84,350 /Yr |
| ||
 M.B.A, Stanford University2 years | Application Deadline For 2025 Intake 1 (10th Sep 2024) Application Deadline For 2025 Intake 2 (8th Jan 2025) Application Deadline For 2025 Intake 3 (8th Apr 2025) | USD 82,455 /Yr |
| |
 M.B.A, Harvard University2 years | Application deadline for 2025 Intake (1st Dec 2024) | USD 76,410 /Yr |
| |
Round 1 Application Deadline For 2025 Intake (4th Jan 2025) Round 2 Application Deadline For 2025 Intake (21st Feb 2025) Round 3 Application Deadline For 2025 Intake (9th Apr 2025) | USD 85,400 /Yr |
|
Course Guides
1 Year Courses in USA: Fees, Deadlines & Eligibility
Masters (MS) in USA: Colleges, Courses, Deadlines, Eligibility & Fees
MBA in Business Analytics in USA
MS Courses in USA: Top Universities, Admissions and Tuition Fees
MS in Business Analytics in USA: Top Colleges, Eligibility, Fees, Scholarships
MS in Data Analytics in USA: Top Universities, Fees & Job Prospects
MS in Data Science in USA: Top Universities, Eligibility, Fees, Scholarships, Scope
Career and Placement after Course
Jobs titles after getting placed are:
- Data Scientist
- Research Scientist
- Analytics Associate
- Business Intelligence Engineer
- Machine Learning Scientist
- Data Science Consultant
- Operations Analyst
- Research Engineer
- Product Analyst
- Portfolio Manager
The average base salary of the graduates after getting placed is 110,000 USD.
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| The Kay-Grant Group Scholarship | Scholarship per student$ 1,000/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Scholarships in Georgia | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| FormSwift Scholarship Program | Scholarship per student$ 1,000/Yr$1,000 | Level Of StudyBachelor | TypeCompany-Sponsored | |
| Shardashish Interschool fellowship | Scholarship per student$ 50,000/Yr$50,000 | Level Of StudyMaster | TypeCollege-Specific | |
| University of Phoenix | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| Forktip Women’s- Innovation Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific |
College Student Profiles
Programs Comparison
| ranking | # 1 for Data Science and Analytics by QS World University 2024 | # 8 for Data Science and Analytics by QS World University 2024 |
| application | - | - |
| why to opt? | In just 12 months, the MIT Sloan Master of Business Analytics program prepares students for careers that apply and manage modern data science to solve critical business challenges. Established in conjunction with MIT's Operations Research Center – an interdisciplinary research center established in 1953– the MBAn program is tailored for current students or recent college graduates who plan to pursue a career in the data science industry, as well as those seeking career advancement or change, especially engineers, mathematicians, physicists, computer programmers, and other high-tech professionals. The program answers the industry’s demand for a skilled pool of graduates who can apply data science to solve business challenges. | The MSc in Business Analytics (MSBA) programme at Nanyang Business School offers a unique curriculum, shaped with leading industry partners to reflect real industry needs. Cutting-edge modules such as Analytics and Machine Learning in Business provide an understanding of technologies that will impact future businesses. A practical hands-on approach coupled with internships at industry leaders equips our MSBA students to switch from the classroom to workplace with ease. As organisations integrate digital technologies into their business models, the relevance of business analytics has never been greater. The need for data-driven decision makings requires business analysts to apply the latest skills to analyse data, and draw insights to drive business transformations. MSBA programme is designed to close the gap between technical and business know-how for more effective use of data in the workplace, whether in the areas of management, accounting, marketing, finance, communications, or administration. |
| exam scores | IELTS - 7.0/9TOEFL - 100/120 | IELTS - 6/9PTE - 55/90TOEFL - 90/120 |
| Admission Criteria/Better to Have |
|
|
| cost to study | Total Cost (Tuition + Living) -USD 86300 | Total Cost (Tuition + Living) -USD 56837 |
| application dates | Jan 4, 2024 (Application Deadline For 2024 Intake) | Jan 31, 2025 (Application Deadline For 2025 Intake) |
| documents required | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose |
| - | Read Full Comparison |
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MIT Sloan School of ManagementCambridge, Massachusetts
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| Program | Important Dates |
|---|---|
| M.B.A | Application Deadline Round 1 (30th Sep 2024) Application Deadline Round 2 (14th Jan 2025) Application Deadline Round 3 (7th Apr 2025) |
| B.S Aerospace Engineering | Early Action Application Deadline (1st Nov 2024) Regular Action Application Deadline (4th Jan 2025) Financial Aid Application Deadline (15th Feb 2025) |
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| B.S Computer Science, Economics, and Data Science | Early Action Application Deadline (1st Nov 2024) Regular Action Application Deadline (4th Jan 2025) Financial Aid Application Deadline (15th Feb 2025) |
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