Business analytics is one of the hottest concepts in modern management. In the past decade, analytics has gained significant prominence with business and government institutions. Today, the importance and power of analytics in forecasting, prediction and managerial decision making, and the vital advantage and competitive edge it provides is well-understood. There is a high demand for managers with business analytics skills. McKinsey estimates: “The United States alone faces a shortage of 140,000 to 190,000 people with analytical expertise and 1.5 million managers and analysts with the skills to understand and make decisions based on the analysis of big data,” and that by 2020 data analytics can generate a value of up to $610 billion in U.S. GDP. In the past decade, many management professionals with analytics skills have found jobs in a wide range of industries and tasks, including healthcare, consulting, banking and financial services, supply chain and procurement, transportation, hospitality management, and operations management. It is expected that this demand will continue to grow.
In response to the growth potential of business analytics and the enormous need and opportunities for well-trained professionals in the area, the Robert H. Smith School of Business at University of Maryland is offering a Master in Science degree program in Business Analytics (MSBA), launching in fall 2017. The faculty at the Smith School are world-renowned experts and the school is consistently ranked among top 10 in research among business schools, most recently fourth by CEOWorld and sixth by Businessweek. Powered by this world-class intellectual environment, the Smith MSBA will give its graduates a top-notch education in skills that are highly sought-after by employers in all sectors today.
The MSBA program at the Smith School is STEM Certified and is structured to provide and build not only mathematical and statistical skills such as modeling, data mining and simulation, but also technical computational skills such as big data and network management. Graduates from the MSBA program will have hands-on experience and in-depth knowledge in quantitative business problem solving as well as latest computational applications.
Whether you’re a recent graduate with an interest in applying quantitative skills in modern business applications or a working professional who would like to expand your skill set to one of the most in-demand subjects and take your career to the next level, our MSBA program will help you achieve your goals and succeed in a marketplace that is expanding and evolving more rapidly than ever before.
Thank you for your interest and we look forward to reviewing your application!
Dr. Frank B. Alt
Academic Director, MS in Business Analytics