Masters in Business Analytics

Learn All you need to know about MS / M Eng. in Business Analytics. See top colleges, jobs, part-time jobs, specialisations, fees, admissions & more

The most popular job profiles for master’s in business analytics are:

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Business Analyst

Business Analysts are involved in implementing and assisting business information systems of various departments of an organization. They work towards developing strategies and initiatives that help an organization to optimize costs and maximize outputs of its various processes. Some of the key responsibilities of business analysts are diagnosis of problems and suggesting solutions for the workings of a business, budgeting, financial modeling, variance analysis, pricing and forecasting. They may work in specialist roles such as computer systems analyst, information security analyst, and management analyst, etc. with firms of all sizes in almost every sector of the economy.

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Data Analyst

Data Analysts are concerned with the interpretation of data directed towards improving businesses. Some of the key responsibilities of data analysts are collection and interpretation of data, analyzing results based on the demands of business optimization, reporting results to the concerned personnel in various departments of an organization, finding patterns and trends in various data sets and reporting their relevance, designing statistical techniques, optimizing statistical analysis, defining new data, etc. This job profile is seeing a sharp rise, since there is a data deluge and working with increasing volumes of data is becoming a challenge for all types of companies.

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Market Research Analyst

Market research analysts study the prevailing and potential markets of products and services. They help organizations to understand where, what, who and how will people buy their products and services. They look into consumer behaviour and buying habits, research the competitors and single out the factors that impact the market for further analysis. Their job involves monitoring and forecasting market trends, measuring the effects of various marketing strategies, advertising campaigns, devising and evaluating data collection methods such as interviews, polls, surveys, questionnaires, etc. using data analysis software, analyzing complex data and producing graphs and reports that can be understood by a wider set of people in the organization.  

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Quantitative Analyst

Quantitative analysts (or quants) work as specialists in mathematics and statistics for dealing with problems in the financial sector. This job profile has its history rooted in stock selling. These days, quantitative analysts are required for risk management, derivatives pricing, statistical arbitrage, quantitative investment management, and algorithmic trading. The main responsibilities of a “quant” include modifying quantitative analytic models; identifying, tracking and maintaining metrics for trading systems; providing support regarding valuation; testing and working on financial quantitative analytics software, using signal processing, game theory, econometrics and time series analysis to optimize response speed in trading; carrying out financial stress tests and value-at-risk tests and developing quantitative models.

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