Use Data to Grow Further
IUP’s Master of Business Administration (STEM) in Business Analytics equips students with the tools in the growing field of business analytics.
This MBA provides a broad business functional background and an in-depth foundation needed to apply data analytics to real-world challenges that business professionals encounter throughout their careers.
The program provides practical knowledge of data analytics and an understanding of their applications that can help fuel career advancement.
Imagine Your Future
According to the Bureau of Labor Statistics, the employment of financial analysts is predicted to grow by 9% by 2031. This job requires a degree in Business Analytics. Additionally, there were 922,428 job postings for data-driven decision-makers and 901,743 positions for functional analysts in 2020. However, on average, these job postings stayed up for over 53 days. This suggests that though there’s a high demand for these positions, but not enough trained professionals to fill the need.
Further, BLS projects that the demand for market research analysts will grow by 19 percent from by 2031. In contrast, the projected average growth for all occupations is 7 percent.
Despite growing demand, the U.S. is estimated to have a shortage of 1.5 million business analysts. According to the BLS, careers in business analytics-related fields are among the highest-paying and fastest-growing jobs in business and finance. Graduates from this program will be able to seek employment in a wide range of industries, such as business analysis, data analysis, data consulting, or data science.
The application of business analytics is essential in all business areas, including accounting, finance, economics, human resource management, consumer behavior, customer relationship management, sales and marketing, risk management, real estate investment, and supply chain management.
Classes and Requirements
The MBA program itself consists of 27 core MBA credits and 12 credits of advanced STEM courses with a focus on business analytics.