If you’re interested in a career in data analytics (also “data science” or “big data”), you’re not alone. According Poets&Quants, a survey of more than 200 B-schools released in 2017 showed that “big data and data science continues its growth in popularity in the nation’s business schools.” The survey revealed that 72% of surveyed schools offered at least one course in “data science or big data,” while 13% did not offer courses in data science, but were considering offering them.
However, recent research shows that a growing number of schools not only offer data analytics courses, but they also offer formal concentrations in data analytics, business analytics, data science, business intelligence, analytics management, and more. Even better is many of these programs are now offered online. Some great examples include:
- Colorado Technical University, Online MBA – Data Analytics
- Herzing University, fast-track Online MBA with a Data Analytics Concentration
- Louisiana State University, EJ Ourso College of Business, accelerated MBA Online with a Data Analytics Concentration
- Southern New Hampshire University, Online MBA in Business Intelligence
- University of North Carolina at Chapel Hill, Kenan-Flager Business School, Online MBA with Data Analytics and Decision Making Concentration ([email protected])
- University of Tennessee at Chattanooga, Gary W. Rollins College of Business, Online MBA with Business Analytics Concentration
Data Analytics, What You’ll Learn
Colorado Technical University
CTU’s MBA core coursework is designed to help students develop a working knowledge of management functions, while the Data Analytics Concentration is designed to provide students with advanced analytical skills that can be applied to collect, synthesize, and present information to support data-driven decision-making. –Colorado Technical University
Courses for Herzing University’s fast-track MBA cover business intelligence applications for data analysis and industry-standard software such as Tableau, OpenRefine, Microsoft Power BI, and Talend, as well as business functions, data presentation skills, and producing actionable insights that support decision-making processes.
Louisiana State University
The MBA in Data Analytics program at LSU provides a conceptual and technical foundation in business analytics, research methods, and marketing metrics. Students engage in hands-on simulation where they may be asked to use data to predict market demand, set channel price, make formulation decisions, and determine promotional spending strategy. Students will learn quantitative methods used for business decision–making and predictive analysis and they will study analytics in a variety of complex settings. –Louisiana State University
Southern New Hampshire University
The SNHU MBA in Business Intelligence develops students into savvy leaders with an enterprise wide perspective on data. It teaches students to analyze patterns, put them into context, and draw a direct line between information and results. In the process, students look at the technology that bridges the gap between raw data and analysis and they learn how to correlate the most relevant information with specific business challenges. –Southern New Hampshire University
University of North Carolina at Chapel Hill
[email protected]’s Data Analytics and Decision Making Concentration is designed for students who are looking to enhance their abilities to make strategic business decisions based on the use of data. Students will learn critical data analysis skills as well as develop the ability to communicate data-driven strategies throughout their organizations. The curriculum is designed to help students understand the role of analytical techniques and demonstrate the value of analytics in real-world decision-making contexts. -University of North Carolina at Chapel Hill
University of Tennessee at Chattanooga
The Rollins MBA-Business Analytics prepares students to meet the growing demand for data analysis in business environments with courses focused on databases and data warehouses as well as descriptive, prescriptive, and predictive analytics. –University of Tennessee
Data Analytics Job Growth and What You’ll Earn
Graduates of data analytics programs can expect exceptional job growth through 2026. The Bureau of Labor Statistics (BLS), which reports employment and salary information for operations research analysts (very similar to data analysts), says employment will increase by 27% by 2026. This is much faster than the average for all occupations, which is just 7%. And according to Forbes, IBM predicted that the demand for data scientists would “soar 28% by 2020, with the data revolution in full swing and the possibilities appearing endless.”
Job growth for research or data analysts appears to be the highest in California, Texas, Virginia, Illinois, and New York. The following metropolitan areas are expected to have the highest growth of all U.S. metro areas:
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- New York-Jersey City-White Plains, NY-NJ
- Dallas-Plano-Irving, TX
- Phoenix-Mesa-Scottsdale, AZ
- Boston-Cambridge-Newton, MA
- Los Angeles-Long Beach-Glendale, CA
- Chicago-Naperville-Arlington Heights, IL
- Houston-The Woodlands-Sugar Land, TX
- Atlanta-Sandy Springs-Roswell, GA
- Minneapolis-St. Paul-Bloomington, MN-WI
Salaries are impressive as well. As of May 2017, analysts can expect to average $81,930-$137,470. Keep in mind that individual salaries vary by industry, geographic location, company, and many other factors. For example, analysts working for the Federal Government averaged $113,820 in 2017, and those working in Manufacturing averaged just over $100,000. The top paying states for analysts are:
- District of Columbia ($111,630)
- New Jersey ($107,270)
- Virginia ($104,680)
- New York ($99,880)
- Maryland ($98,160)
The top paying metro areas are:
- Newark, NJ-PA ($118,960)
- San Francisco-Redwood City-South San Francisco, CA ($112,360)
- Boulder, CO ($112,080)
- Bridgeport-Stamford-Norwalk, CT ($109,610)
- California-Lexington Park, MD ($109,260)
- Washington-Arlington-Alexandria, DC-VA-MD-WV ($108,220)
- Springfield, MA-CT ($108,180)
- Winston-Salem, NC ($108,010)
- New York-Jersey City-White Plains, NY-NJ ($106,360)
- Colorado Springs, CO ($103,950)
Considering an Online MBA in Data Analytics? Use our interactive map to find information on schools and colleges offering Online MBA programs in your state and across the U.S.
Allen, Nathan. “Study: Data Science Curricula Surges.” Poets&Quants. Poets&Quants, Inc., 15 Feb. 2017. Web. 31 July 2018.
Colorado Technical University, 2018. Web. 31 July 2018.
Columbus, Louis. “IBM Predicts Demand For Data Scientists Will Soar 28% By 2020.” Forbes. Forbes Media, LLC., 13 May 2017. Web. 31 July 2018.
EJ Ourso College of Business. Louisiana State University, 2018. Web. 31 July 2018.
“15-2031 – Operations Research Analysts." Division of Occupational Employment Statistics. U.S. Bureau of Labor Statistics, 30 Mar. 2018. Web. 31 July 2018.
Gary W. Rollins College of Business. University of Tennessee at Chattanooga, 2018. Web. 31 July 2018.
Herzing University, 2018. Web. 31 July 2018.
Kenan-Flager Business School. University of North Carolina at Chapel Hill, 2018. Web. 31 July 2018.
“Operations Research Analysts." Division of Occupational Employment Statistics. U.S. Bureau of Labor Statistics, 30 Mar. 2018. Web. 31 July 2018.
Southern New Hampshire University, 2018. Web. 31 July 2018.