Business Analytics Degree Salary & Career Opportunities
Business analytics is the foundation of many business practices and deals heavily in analyzing and studying data and trends. Mastering this set of skills offers graduates a variety of career types.
Career Growth Opportunities for Business Analytics Majors
Career opportunities for graduates with degrees in business analytics have exploded in the past few years as most major organizations have adopted data-driven and technology-focused approaches. Unfortunately, job candidates with experience in business analytics are scarce. As the demand for analysts grows, compensation for these positions is also increasing.
Graduates with a background in business analytics hold positions such as strategy consultants, research analysts, data scientists and supply chain managers. Additionally, an increasing amount of top business executives are expected to understand business analytics as they guide their organizations so companies are seeking leaders with this kind of experience at the C-suite level.
Business analytics are being used by companies in all industries including healthcare, nonprofit/government, financial services, professional sports, retail, manufacturing, transportation, legal services and more as evidenced by those companies recognized as the inaugural Analytics 50.
What is the Average Salary for an Business Analytics Major?
The average starting salary for LeBow undergraduate business analytics majors is in 2018 was $59,840.
What Type of Skills Will You Gain From a Business Analytics Degree?
A major in business analytics can prepare you to influence critical business decisions through in-depth analysis of corporate and industry trends. With the broad foundation in key disciplines and specialized training in analytics, this degree provides an expansive skill set that can be applied in a variety of industries.
An example of skills this degree provides includes:
- Operations management
- Organizational behavior
- Linear, quadratic, exponential, and logarithmic functions
- Linear programming
- Fundamentals of analysis and recording of business transactions
- Systems analysis and design
- Predictive business analytics with relational database dat
What Can You Do with a Degree in Business Analytics?
There are a multitude of jobs available to someone with a business analytics degree. This specialized skill set is becoming increasingly sought after in the job market and career opportunities are increasing as a result.
Common Titles for Undergraduate Business Analytics Majors
- Advanced Analytics and Optimization Consultant
- Business Intelligence Consultant
- Database Administrator
- Data Analyst
- Data Collector
- Enterprise Information Consultant
- Enterprise Content
- Management Consultant
- Performance Management Consultant
- Predictive Analyst
- Strategy Consultant
Innovative Industries in Business Analytics
- Banking and Finance
- Database Marketing and Research
- Software and technology
Top Job Landings for Recent Drexel Business Analytics Graduates
Recent Drexel business analytics graduates have landed jobs at the following companies:
- Goldman, Sachs & Co.
- Publicis Health Media
Professional Organizations for Business Analytics Graduates and Current Students
- American Statistical Association
- International Institute of Business Analysis
- Web Analytics Association
Continuing Education Opportunities
Many business analytics majors also choose to continue their studies in graduate schools, pursuing such degrees as: