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2 August 2023

5 minutes read

MS in Business Analytics in the USA without the GRE

Key Takeaways

  • GRE is not mandatory for MS in Business Analytics in many U.S. universities.
  • Admissions focus on practical skills and experience.
  • Business Analytics graduates have high earning potential.
  • Alternative admissions criteria may include the GMAT.
  • Financial aid and scholarships are available.

In the world of Big Data, the Master of Science (MS) in Business Analytics has emerged as a golden ticket for professionals aspiring to merge business acumen with data-driven decision-making skills.

The United States, with its prestigious universities and cutting-edge curriculum, has been a magnet for ambitious students worldwide. However, one aspect that has often been a hurdle for many is the Graduate Record Examination (GRE).

A standardized test traditionally considered a gateway to graduate schools in the USA, the GRE often incites trepidation among prospective students. But what if we told you it’s possible to pursue an MS in Business Analytics in the USA without the GRE?

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Breaking the GRE Barrier

The GRE is a well-established examination designed to assess an individual’s verbal reasoning, quantitative reasoning, and analytical writing skills – abilities deemed critical for success in graduate schools.

Yet, a rising trend amongst US universities is the move towards GRE waivers or alternatives, opening new doors to international students who wish to pursue an MS in Business Analytics without a GRE score.

The push to drop the GRE requirement comes amid growing acknowledgment that the test may not be the most effective predictor of an applicant’s potential, especially when it comes to highly specialized programs such as Business Analytics.

Universities are gradually shifting their focus to practical skills, overall academic performance, and relevant work experience while assessing the suitability of candidates.

Quick Tip!

  • Research and identify universities that offer GRE waivers for their Business Analytics programs.

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Top Universities Offering GRE Waivers for MS in Business Analytics

Serial No.UniversityBusiness SchoolProgramGRE Waiver Criteria
1Carnegie Mellon UniversityTepper School of BusinessMS in Business AnalyticsRelevant work experience, advanced degree, or other factors.
2University of Texas at AustinMcCombs School of BusinessMS in Business AnalyticsRelevant work experience, high GPA, or other factors.
3University of California, BerkeleyHaas School of BusinessMS in Business AnalyticsRelevant work experience, strong academic background, or other factors.
4University of Southern CaliforniaMarshall School of BusinessMS in Business AnalyticsStrong academic background, advanced degree, or other factors.
5New York UniversityStern School of BusinessMS in Business AnalyticsRelevant work experience, high academic achievements, or other factors.
6University of WashingtonFoster School of BusinessMS in Business AnalyticsRelevant work experience, advanced degree, or other factors.
7Indiana University, BloomingtonKelley School of BusinessMS in Business AnalyticsStrong academic background, relevant experience, or other factors.
8University of North Carolina at Chapel HillKenan-Flagler Business SchoolMS in Business AnalyticsWork experience, relevant degrees, high GPA, or other factors.
9Georgia Institute of TechnologyScheller College of BusinessMS in AnalyticsRelevant work experience, advanced degree, or other factors.
10University of Maryland, College ParkSmith School of BusinessMS in Business AnalyticsRelevant work experience, strong academic background, or other factors.

In line with this trend, several leading universities offer GRE waivers to applicants for their Master in Business Analytics programs.

Instead of an impersonal test score, these institutions prefer to gauge applicants on their quantitative background, work experience, personal essays, and letters of recommendation.

While a detailed list would warrant thorough research as university policies often change, some universities like the MIT Sloan School of Management, and the University of Texas, Austin, have been known to provide GRE waivers for their business analytics programs.

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The Allure of Business Analytics

To understand why the demand for business analytics is soaring, we need to delve into what the field entails. Business Analytics employs data and statistical methods to derive business insights.

It empowers organizations to make data-backed decisions and, in turn, optimizes business performance.

With an MS in Business Analytics, graduates can specialize in data analysis, predictive modeling, information management, and strategic decision-making.

They’re equipped to interpret large volumes of data and translate these insights into effective business strategies. The opportunities after graduation are vast, with positions available in marketing, finance, operations, and technology firms, among others.

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The Post-MS in Business Analytics Career Landscape

In today’s data-driven world, Business Analytics graduates are in high demand. This demand is reflected in the competitive salaries that they command.

According to Payscale, as of 2023, the average salary for a professional with an MS in Business Analytics in the USA is $92,495, with experienced professionals and those in managerial roles earning well into six figures.

  1. Data Analyst
    • Typical Duties: Clean, interpret, and visualize data for decision-making
    • Preferred Skills: SQL, Python, Tableau
    • Average Salary (USD): $60,000 – $75,000
  2. Business Intelligence Analyst
    • Typical Duties: Improve operations and strategy; create reports and dashboards
    • Preferred Skills: SQL, PowerBI, communication skills
    • Average Salary (USD): $70,000 – $90,000
  3. Data Scientist
  4. Analytics Manager
    • Typical Duties: Manage team, align analytics with goals
    • Preferred Skills: Leadership, project management, analytics tools
    • Average Salary (USD): $100,000 – $130,000
  5. Data Engineer
    • Typical Duties: Create, manage data infrastructure, optimize flow
    • Preferred Skills: Hadoop, Spark, SQL, cloud platforms
    • Average Salary (USD): $90,000 – $120,000
  6. Machine Learning Engineer
    • Typical Duties: Design, and implement machine learning systems
    • Preferred Skills: Python, R, TensorFlow, deep learning
    • Average Salary (USD): $100,000 – $140,000
  7. Business Analytics Consultant
    • Typical Duties: Offer expert advice, implement solutions
    • Preferred Skills: Communication, consulting, various analytics tools
    • Average Salary (USD): $80,000 – $120,000

Did You Know?

As of 2023, the average salary for a professional with an MS in Business Analytics in the USA is $92,495, highlighting the field’s financial attractiveness and demand.

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Admission Process and Alternatives to the GRE

While we’ve established that the GRE isn’t a universal requirement for an MS in Business Analytics in the USA, it’s essential to understand what universities are seeking in its absence.

Universities often use a holistic approach, considering an applicant’s undergraduate GPA, letters of recommendation, work experience, statement of purpose, and sometimes, an alternative exam like the GMAT (Graduate Management Admission Test).

The GMAT is another widely accepted standardized test, especially favored by business schools. It assesses analytical, writing, quantitative, verbal, and reading skills in written English. Like the GRE, the GMAT can be waived at some universities based on specific criteria.

Quick Tip!

  • Strengthen your application with a solid statement of purpose, recommendations, and evidence of relevant experience.

Decoding the Financial Aspect

The tuition fee for an MS in Business Analytics in the USA can vary widely based on factors such as the university, program duration, and state.

However, it typically ranges from $30,000 to $60,000 per year. In addition to tuition, students should also factor in living expenses, which can also vary based on location.

The good news is that several universities offer scholarships and financial aid to international students. Furthermore, many students also opt for part-time work or assistantship roles on campus to support their expenses.

Quick Tip!

  • Explore financial aid options and on-campus employment opportunities to manage tuition and living expenses.

Conclusion

In conclusion, the prospect of pursuing an MS in Business Analytics in the USA without the GRE is not only possible but is also increasingly prevalent.

The holistic admission processes adopted by universities emphasize the overall profile of a candidate, focusing on practical skills and experience rather than just test scores.

For aspiring business analysts, the USA offers an enriching and comprehensive educational journey, setting the stage for a successful and lucrative career in this dynamic field.

Step into the realm of elite professionals by joining Ambitio Pro. This premier platform is designed to elevate your career through advanced resources, expert guidance, and access to exclusive opportunities, setting you on a path to achieve unparalleled success in your field.

FAQs

Is it possible to pursue an MS in Business Analytics in the USA without the GRE?

Yes, many top universities in the USA offer MS in Business Analytics programs that do not require GRE scores.

What are the top universities offering an MS in Business Analytics in the USA without the GRE?

The list varies each year, so it’s advisable to check the official websites of universities.

What can I expect in terms of salary after completing an MS in Business Analytics in the USA?

Salaries after an MS in Business Analytics can be very attractive, with top earners making six-figure incomes.

What if I don’t have a GRE score but have a GMAT score?

Many universities accept GMAT scores as an alternative to the GRE for business analytics programs. Check the specific admission requirements of each university.

Is an undergraduate degree in a related field required for admission into an MS in Business Analytics program?

While a bachelor’s degree in a quantitative field like mathematics, statistics, computer science, or engineering is often preferred, many universities also consider applicants from other academic backgrounds if they demonstrate strong analytical skills.

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