Business Analytics

International applicants planning to pursue an MBA in Business Analytics in USA must apply for the F-1 student visa as soon as they get their acceptance letter from their desired university. The university will issue an I-20 form, which will be required to pay the SEVIS I-900 fee and book a VISA interview appointment at the US Embassy. During the interview process, students will be asked to provide mandatory documents such as proof of funds in the form of bank statements or scholarship documents, academic records, a valid passport, and an acceptance letter. The SEVIS I-900 fee is around USD 350, and the visa application fee is around USD 185. Students must start the VISA process around 2-3 months earlier, as the process requires several background checks, which will lead to a delay if not provided with all the documentation.

International applicants have several scholarship options, which are offered by universities they are planning to take admission to, as well as several external organizations. Students planning to avail scholarships must start the application process timely manner and meet all the eligibility criteria very carefully to be considered for scholarships without any complications. The following are some of the top scholarships given by external organizations that can be availed by international and Indian students:

• Fullbright-Nehru Master's fellowship
• Inlaks Shivdasani Foundation Scholarship
• Narotam Sekhsaria Foundation Scholarship
• Aga Khan International Fellowships
• Joint Japan/World Bank Graduate Scholarship Program
• Commonwealth Scholarship and Fellowship Plan
• N. Tata Endowment Loan Scholarship
• AAUW International Fellowships

Students are encouraged to maintain a strong GPA to increase their chances of acceptance at one of the top business schools in the USA. A recommended minimum GPA is 3.0 out of 4.0 or higher, as the top business schools offer competitive MBA in Business Analytics programs and hence demand more. The other factors that are taken into consideration include a strong academic profile in any graduate programme (some schools will prefer graduates specifically from business, engineering, or other related fields), proof of strong GMAT/GRE scores (600-740+), proof of english language proficiency, academic transcripts, documented work experience of 2-5 years preferred, 2-3 lORs, statements of purpose and extracurricular activities.

Some requirements might be university-specific, and applicants are required to refer to them from the official websites of the desired universities. Some general requirements include the following:

• A bachelor's degree from a recognised university, with top business schools requiring a minimum GPA of around 3.0 out of 4.0.
• The subject of graduating could be anything, but some competitive programs might prefer a business, engineering, or related field graduate
• The top business school in the USA requires work experience of 2-5 years. However, some schools accept freshers with strong academic excellence and leadership skills.
• GRE or GMAT scores 
• English Language Proficiency scores 

International students seeking to study in MSc in Business Analytics course of Aalto University Finland must have a Bachelor's degree. The prerequisite studies or credits for this university include Analytics, Computer Science, Information Systems Science, Business Mathematics and Statistics. The applicants should not have lower than 3.5 GPA in their previous studies. GMAT / GRE score is also required (Minimum score of 600 in GMAT or GRE score of 157 Verbal Reasoning - 158 Quantitative Reasoning). A few of the application documents required are: 

• Official academic records

• CV

• Motivation letter

• GMAT / GRE test score 

• English language proficiency score

The University of Texas at Austin offers an MS in Business Analytics (MSBA) offers specialised courses with are industry focus toward data-driven aspects. The programme includes specializations such as decision–making,  Statistical Analysis, Machine Learning, Data Mining, and Data storytelling. The graduates of this programme are well prepared for roles like Data scientists, Business Analysts, BI Specialists, and Consultants at leading companies like Walmart, Amazon, and Goldman Sachs. The average salaries of these graduates of around USD 105,000, with international students earning well up to USD 113,000. The Salaries vary with different sectors graduates are recruited. The programme lasts approximately 10 months, and the tuition fee is approximately INR 48 lakhs.