Master of science in data science and business analytics (2024)

    Master of science in data science and business analytics (1)

    Get ahead in the fast-paced domain through a master’s in data science and business analytics, an interdisciplinary degree offered by the Wayne State University College of Engineering, the Mike Ilitch School of Business and the College of Liberal Arts and Sciences. This one-year program includes four specialization options and prepares you to lead and thrive in many high-earning sectors.

    Program highlights

    • Complete the master’s in as little as one year
    • Study full- or part-time
    • Four majors to focus on your goals
    • Industry-sponsored practicum projects
    • Research alongside renowned faculty

    What will you learn?

    Data and analytics can fundamentally reshape our approach to manufacturing, supply chains, finance, health care and other essential sectors. The master’s degree in data science and business analytics trains you to understand data, reformulate it into comprehensible/actionable components and drive digital business transformation.

    In this program, you learn to use tools like SQL, NoSQL, NewSQL, R, Python, MapReduce, SPARK/SCALA, MATLAB, WEKA, Flume, Kafka and more to gather, analyze and communicate with teams and stakeholders.

    Learn more about the program's mission and learning objectives.

    Master’s in data science and business analytics program curriculum and courses

    Built on an interdisciplinary foundation of business, computer science and industrial engineering coursework, this 30-credit-hour M.S. in data science and business analytics equips you with specialized expertise in your major, personalized elective choices that align with your individual goals and real-world experience in a six-credit applied analytics practicum.

    .

    Tailor the program with four specialization options

    Study the topics and courses most relevant to your career goals. Wayne State’s data science and business analytics master’s program offers four majors:

    • Advanced analytics: Explore more in-depth features of descriptive, predictive and prescriptive analytics.
    • Statistics: Build your expertise in mathematics, statistical analysis and data mining.
    • Data computing: Hone your Big Data skills for data modeling and management, modern databases, and developing applications of data science.
    • Data-driven business: Contribute to organizational growth by using analytics to understand and solve problems in marketing, operations, finance, human resources, accounting and more.

    Real-world experience with research and industry projects

    Gain critical hands-on experience through practicum projects with industry sponsors. Working with our industry sponsors that invest financial and mentoring resources in high-impact projects can lead to full-time work placement and accelerate your career.

    In addition, you may join the to collaborate with our scholars and professors on various research projects.

    Led by distinguished faculty

    Nationally renowned faculty experts and visiting scholars mentor you in team-based learning, grasping global perspectives, and conducting individual and collaborative research. Our business analytics faculty specialize in areas like AI, big data, business analytics, data mining, deep learning, large-scale textual information analysis, natural language processing and health informatics.

    Jumpstart your master’s degree with AGRADE

    The Accelerated Graduate Enrollment (AGRADE) program enables you to apply credits toward both your bachelor’s and master’s at the lower undergraduate tuition rate. This program allows you to graduate faster and with less debt while preparing you to excel in a high-level career

    Master’s in data science and analytics career opportunities

    Demand for data scientists and analysts is expanding at an extraordinary pace: the Bureau of Labor Statistics projects a 36% growth between now and 2031, a rate many times faster than average.

    Jobs in this field are high-earning, with a U.S. average base salary of more than $123,000 in 2023 and more than $104,000 for employees with less than one year of experience (Source: Indeed.com, June 2023). Set yourself up for long-term success in roles such as:

    • Data analyst
    • Data scientist
    • Data architect
    • Business intelligence analyst
    • Analytics manager
    • Machine learning scientist
    • Database administrator

    Tuition and financial aid

    Earn a highly regarded degree at a competitively low cost at Wayne State, the most affordable of Michigan’s top research universities. We further support your learning through scholarships and assistantships in both teaching and research, which can boost your resume and contribute to your career success.

    Admission requirements (GRE not required)

    To stand out in our rigorous admissions process, demonstrate your interest in data science and business analytics, including basic probability and at least one programming language. If you do not meet the full admissions requirements, you may still be admitted on condition of completing preparatory courses before your program begins. Other admissions materials include:

    • Letters of recommendation
    • Statement of purpose
    • Resume/CV
    • English language proficiency scores (international applicants only)

    You do not need to send GRE scores if you have an undergraduate GPA of at least 3.0.

    Application deadlines

    • Fall (begins in August): July 15
    • Winter (begins in January): Nov. 1
    • Spring/summer (spring begins in May; summer begins in June): Feb. 1

    Learn more about graduate admissions.

    Disrupt and innovate with a master’s degree in data science and business analytics

    Impact the industry on your way to earning your degree through Wayne State’s industry-partnered practicum projects and alongside our distinguished faculty mentors. The master of science in data science and business analytics is a flexible full- or part-time program that can have you career ready in as little as one year.

    Master of science in data science and business analytics (2024)

    FAQs

    Which is better Masters in business analytics or data science? ›

    Choosing which degree and career path is better for you should ultimately come down to what you want to learn and do after earning a graduate degree. If you want to develop more technical skills in the area of collecting and analyzing data, data science might be the better path for you.

    Can you be a data scientist with a masters in business analytics? ›

    Most data scientists pursue a master's degree before entering the field open_in_new, while many business analysts launch their careers with just a bachelor's degree open_in_new. That said, the M.S. in Business Analytics can help general business professionals advance into a more specialized, data-oriented role.

    Is data science and business analytics a good career? ›

    Data Scientist vs Business Analyst salary

    Salaries for both data scientists and business analysts are relatively high and generally increasing. There is significant overlap between the two disciplines with respect to compensation, but they are also both highly variable.

    What is Masters in Data Science and analytics? ›

    The curriculum covers a wide range of topics, including data mining, machine learning, statistical modeling, big data, and more. The Masters in Data Science and Business Analytics program is an ideal choice for individuals looking to advance their careers in this rapidly growing field.

    Who gets paid more business analyst or data scientist? ›

    Data Scientists have more education and a higher degree of specialization, and so they typically command a higher salary than Business Analysts.

    Which pays more data science or data analytics? ›

    Data scientists earn more than data analysts due to the higher level of technical expertise required and the more complex nature of their work. The difference can vary significantly depending on the industry, location, and individual experience levels.

    Can a masters in data science get you a job? ›

    Data scientists are employed across many industries, including large companies and government agencies. There is huge demand for these professionals. So you should find the job search process less challenging than in many other careers, especially if you are even more highly skilled than your competitors.

    Does an MBA in Business Analytics require coding? ›

    As the Business Analytic's work is more problem-solving kind, hence coding is not required for MBA in Business Analytics.

    Which is better, MBA or data science? ›

    MBAs are relevant across sectors, offering versatility in career choices. Data science programs can be shorter and more cost-effective. MBAs often require a specific amount of time and money so if you have which is better data science or MBA then you should consider this factor as well.

    Which pays more business analytics or data analytics? ›

    Who earns better: business analyst or data analyst? Data analysts earn slightly higher salaries due to their specialized data skills. However, salary depends on factors like experience, location, and industry demand.

    Does data science require coding? ›

    The short answer is yes, coding is necessary to become a data scientist. Data science requires an understanding of programming languages such as Python and R, as well as some knowledge of statistics and mathematics.

    Does business analytics make a lot of money? ›

    According to Payscale, the average salary for someone with a master's degree in business analytics is $72,000.

    What is a data science analyst's salary? ›

    Data Science Analyst salary in India ranges between ₹ 3.6 Lakhs to ₹ 20.0 Lakhs with an average annual salary of ₹ 12.9 Lakhs. Salary estimates are based on 1.3k latest salaries received from Data Science Analysts.

    How much can I make with a masters in data science? ›

    While ZipRecruiter is seeing annual salaries as high as $243,500 and as low as $46,000, the majority of Master Data Scientist salaries currently range between $133,500 (25th percentile) to $170,000 (75th percentile) with top earners (90th percentile) making $243,000 annually across the United States.

    Which is better, masters in data science or data analytics? ›

    Data scientists—who typically have a graduate degree, boast advanced skills, and are often more experienced—are considered more senior than data analysts, according to Schedlbauer. As such, they are often better compensated for their work.

    Is it better to be a business analyst or data analyst? ›

    Data analysts work more closely with the data itself, while business analysts are more involved in addressing business needs and recommending solutions. Both are highly sought-after roles that are typically well-compensated.

    Which has more scope data science or business analytics? ›

    Data Science finds applications in industries such as finance, healthcare, retail, and technology. Business Analytics is applied in various industries, including finance, marketing, operations, and more. Data Science roles typically command higher salaries due to the advanced technical expertise required.

    Is Masters in Business Analytics in demand? ›

    Since demand and growth for business analytics professionals are so high, expect to see great returns for your investment in a graduate degree.

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