Nowadays, the profession of a business analyst is one of the most promising and highly paid ones. These specialists are in demand in large companies operating in various fields.
5 Tips for Getting the Best Business Analyst Education in the US
Many work in banking institutions, consulting and trade, IT companies, or mining enterprises. Basically, it’s the business analyst who helps them improve performance indicators.
These professionals deal with strategic planning, budgeting, and business process development. So, what are their key responsibilities and skills? In this article, we answer these questions.
The last part of the article deals with where to get a business analyst education in the US. The list of universities with this major waits for you. First, we recommend reading more detailed information about the job to make sure it is right for you.
Examining all the necessary information about the future profession requires utmost attention. And if you simply don’t have it – here is some good news. With the help of a reliable paper writing service, you can easily free some time in your busy schedule.
Thus, while experienced authors help you with the assignments, you can focus on what matters most for you at this very moment.
Inspect Where Business Analysts Work
Business analysts are needed in almost any industry: travel agencies, pharmacies, IT, retail. Yet, to get a job, you must already have experience in this field.
So, how can you get it? For example, you may work as a product manager, business expert, or junior business analyst for a couple of years. Career development is especially likely in a large company. They are interested in training the staff who thoroughly knows its specifics.
A business analyst must be a skilled consultant. So, you must understand corporate finance, business structures, and be able to confirm hypotheses. A great specialist has a deep knowledge of the processes as well as a broad base of expert contacts.
Explore the Special Features
A business analyst is engaged in two crucial fields. First, they thoroughly examine the internal structure of an organization. Second, they check out its external business relationships. The main task is to find the problem and ways of solving it.
For example, a business analyst might decide to study the financial or economic specifics in the first place.
If the existing business model is not successful, the analyst develops a new one. It must optimize the staff’s efforts, reduce costs, improve efficiency, increase profits, and so on.
Responsibilities in a Nutshell
As a rule, a business analyst knows much more than an ordinary employee. After all, the goal is to create strategies, inspect the budget and develop a model that will upgrade the company’s efficiency.
So, a business analyst is a researcher – they identify the areas that need changes the most. The person holding this position must create the most effective development strategies. They need to outline the ways of their implementation and make predictions of the results.
Analyze Abilities and Skills
To develop smart up-to-date projects, business analysts must know the modeling language —UML. A qualified specialist makes reports using tables and diagrams. But a professional performs business modeling on an advanced level.
Also, some special software is used (RRose, ARIS, BPWin, etc).
An excellent analyst uses a systematic approach to tasks. The professional will have the ability to work with any amount of data and will know how to present it.
Choose a School
Look for such criteria as the curriculum, ratings, student feedback, and prices. This review looks into US universities that have the best offers. They have brilliant educational practices in the field of business intelligence and data science.
Hult International Business School (Masters in Business Analytics)
The training to start your career in STEM lasts 11 months. Here you can learn how to transform statistics and data analysis into effective business solutions.
Golden Gate University (The Master of Science in Business Intelligence)
Data analytics is a promising area that offers wonderful career opportunities. You can enter the MSBA program at Golden Gate University. It provides courses helping students apply analytics to real business problems. The training lasts for 4-5 semesters.
The College of Business at the University of Louisville (Master of Science in Business Intelligence)
The Master of Science in Business Intelligence is a 13-month, team-structured program. Here, students work both independently and with their peers to complete coursework.
University of Maryland College Park (Master of Science in Business Analytics)
The goal of the program is to assist students with dealing with a big amount of data and offer innovative solutions to businesses on its basis. Here you will not only improve your math skills but also realize how you can change the efficiency of a company thanks to information.
Bentley University – McCallum Graduate School of Business (Master in Business Analytics)
Over the next few years, more than 2 million new data analytics jobs will be created, increasing related job opportunities by 45 percent. Bentley answers to the demand. The course provides the skills and experience needed to stay ahead of the competition in this fast-growing job market.
Suffolk University (Master of Science in Business Analytics)
The program has the following advantages:
- Teachers are recognized, industry experts;
- Students learn to apply analytical functions to use them later in marketing, operations, accounting, finance, and healthcare;
- Graduates gain access to the university’s alumni network, which includes renowned professionals and potential employers.
The duration of the program is nine months. Interestingly, students with high academic results can apply for scholarships of up to $ 20,000.
Arizona State University (Master of Science in Business Analytics)
The school specializes in training business analysts, as this industry is one of the fastest-growing in the economy. Students will learn how to analyze and model data and formulate conclusions. The duration of the program is nine months.
Oregon State University – College of Business (Master of Science in Business)
Oregon State University offers to improve your qualifications in such areas as:
- The program involves studying financial markets, assessing resources and making investment decisions, etc. A student research project can focus on mergers and acquisitions, corporate and social responsibility, and so on;
- Financial analytics. The program integrates finance, accounting, and business intelligence;
- Marketing information and analytics. Here, you will learn how to build effective marketing strategies and analyze data.
Training can take place both on the Corvallis campus, and be completed remotely. The duration of the program is nine months.
Texas State University (Master of Science in Data Analytics & Information Systems)
The MSDAIS program is designed to teach students how to use math skills to manage information systems and conduct data analysis. Thus, the organizational skills alumni get to become the basis for smart business decisions.
University of San Francisco – College of Arts & Sciences (Data Science MS)
The one-year master’s program focuses on computational and mathematical techniques in data science. As part of the classes, students learn to correctly formulate business problems and choose analytical tools to solve them.
On average, graduates find jobs within three months. After receiving this diploma, prestigious companies hunt the candidates. Amazon, Facebook, Apple, Linked In, Visa, and Microsoft are some of them.
To Sum It Up
According to career experts, the profession of a business analyst will be in demand in the future. Receiving the degree now, you raise your competitiveness in the global labor market.
This can guarantee you get an excellent position in the years to come. Detailed information about courses is on the university websites.
To find out admission policies, be sure to contact the faculty directly.
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