Today’s business world is constantly evolving. Earning your Associate of Applied Science in Business Data Analytics or MBA in business analytics will increase your visibility and success in a competitive job market. When it comes to master’s in business analytics jobs, companies often look for candidates who pay meticulous attention to detail and have the ability to apply concrete data to abstract concepts, such as a company’s needs and goals.
What to Expect from Business Analytics Degree Jobs
An MBA in business analytics prepares you for a wide range of careers, most of which involve using data to inform business decisions. While different roles may have specific focuses, they all rely on the same foundation—using data to improve business processes and make strategic decisions.
For instance, data analyst and intelligence roles focus on collecting and reporting data, while business and management analysts apply that data to create growth strategies. The ability to interpret data and apply it effectively is key to many positions in this field.
Industries That Offer Business Analytics Jobs
One of the biggest advantages of a degree in business analytics is the variety of industries you can work in. Almost every sector relies on data, which creates opportunities for skilled professionals. Some of the key industries where business analytics jobs are in demand include:
- Consulting Services
- Scientific and Technical Services
- Research and Development
- Insurance
- Finance
- Public Administration
- Manufacturing
- Information Services
- Healthcare
- Retail
- Education
- Transportation
These industries need professionals who can turn data into insights, helping businesses stay competitive and make informed decisions.
Career Paths in Business Analytics
Once you have an MBA in business analytics, there are several career paths you can explore. Here are some of the most common roles:
1. Business Development Manager
Business development managers are responsible for identifying opportunities to grow a company’s revenue and expand its brand recognition. This role requires a solid understanding of market trends, competitors, and the organization’s core strengths. By analyzing data, these managers help companies position themselves for future growth.
2. Business Systems Analyst
Business systems analysts focus on evaluating and improving a company’s internal systems. They work closely with both management and employees to identify areas for improvement, ensuring that the business is using its systems efficiently. A strong background in technology, including software and hardware, is essential for this role.
3. Data Architect
Data architects are responsible for designing and managing an organization’s database systems. This involves creating solutions for data storage, managing data security, and ensuring that the system is optimized for performance. This role often requires a deep understanding of applied math and statistics.
4. Statistician
Statisticians play a key role in collecting and organizing data. Their work often involves designing surveys, polls, or questionnaires to gather information. Once the data is collected, they analyze it and provide insights that can guide business decisions. This role is crucial for businesses that rely on accurate data to understand trends and patterns.
5. Data Scientist
Data scientists are highly sought after, ranking among the top careers in recent years. They combine computer science and mathematics to create algorithms that predict future trends. Their work often involves analyzing large sets of data to identify patterns and trends that businesses can use to make informed decisions.
6. Application Architect
Application architects design and manage the technical aspects of software systems. This includes overseeing software design processes, ensuring that applications are integrated properly, and maintaining system documentation. A deep understanding of how different software components interact is critical for this role.
7. Market Research Analyst
Market research analysts gather and study data on consumers and market trends. By analyzing this information, they help companies determine what products or services are in demand and how to price them effectively. A background in business analytics is highly beneficial for this role, as it allows analysts to interpret data accurately.
8. Business Intelligence Analyst
Business intelligence analysts work to identify opportunities for business growth by examining internal and external data. They produce reports that guide decision-making processes and help improve a company’s overall performance. Their insights are key to developing strategies that can boost a business’s competitive edge.
Essential Skills for Business Analytics Jobs
To excel in business analytics jobs, it’s important to develop a mix of technical and interpersonal skills. While having experience is always a plus, employers also look for candidates who have strong soft skills. Here are some of the most important skills you’ll need:
- Data Analysis – You must be able to collect, organize, and interpret large amounts of data accurately.
- Attention to Detail – Precision is key in business analytics, as small errors can lead to incorrect conclusions.
- Technical Proficiency – Familiarity with software, databases, and analytical tools is critical for most roles.
- Confident Decision-Making – You should be able to make informed decisions based on the data you’ve gathered.
- Communication Skills – Explaining your findings and collaborating with executives and other team members is a big part of the job.
- Discretion – Handling sensitive information responsibly is crucial in many business analytics positions.
Why Choose an Online MSBA Program?
If you’re interested in pursuing a degree in business analytics, many universities now offer online programs, such as Kent State University’s Master of Science in Business Analytics (MSBA) program. These programs provide the same high-quality education as in-person classes but with the flexibility to complete coursework on your own schedule.
The MSBA curriculum typically includes capstone projects that simulate real-world business scenarios, helping you apply what you’ve learned in a practical setting. This kind of hands-on experience can make a significant difference in preparing you for leadership roles in business analytics.
Ready to Take the Next Step?
Earning a degree in business analytics opens doors to a wide range of careers. Whether you’re interested in technology, finance, healthcare, or retail, the skills you gain from an MBA or MSBA program will help you stand out in the job market. If you’re ready to take the next step, consider exploring programs like Kent State’s online MSBA, where you can develop the skills needed to thrive in today’s data-driven world.
For more information on how to start your journey in business analytics, check out graduate admissions resources and explore degree programs that fit your career goals.