MBA in Data Analytics: Is it Worth it?

Wednesday, May 5, 2021

Do you want to pursue an MBA in Data Analytics? Discover what this program entails, what you'll learn, the career paths it leads to, and more.

What is the MBA in Data Analytics?

The MBA in Data Analytics is aimed at those professionals who want to further their education in business and wish to expand their knowledge to another area in order to have a broader spectrum of possibilities.

Those who pursue a Master of Business Administration in Data Analytics acquire both data analysis skills and business skills, since this programme's objective is to provide students with a deep insight into business intelligence, data analytics and information technology, together with all the skills needed for business process analysis and predictive modeling. 

The MBA programme combines core MBA disciplines with innovative subject areas to develop business competence. Students of this program gain the practical and theoretical capabilities to master the complexities of a competitive and changing business environment.

Programming, databases, security, project management and computer networking are some of the courses the MBA programme has. All these areas combined will give you both the underpinning theory and ability to apply to complex real world problems as well as an awareness of emerging technologies and developments.

Is the MBA in Data Analytics worth it? 

MBAs are the most popular postgraduate degrees along those who want to further their education in the field of business. However, there are so many MBA programmes available in many different areas that this isn't an easy decision to make.

Why  choose the MBA in Data Analytics? There are some aspects about this MBA that may tip the scale in its favour:

  • Data Analytics is an in-demand field, which means that an MBA in Data Analytics can lead to a wide range of job opportunities.
  • Those working in this field have many opportunities for growth and development.
  • Professionals who have an MBA in Data Analytics are rewarded with high salaries.
  • The skills professionals earn during this MBA in Data Analytics, mainly analytical skills that enable them to take advantage of data, are highly sought after by top employers around the world. 

Popular Career Pathways for those who earn an MBA in Data Analytics

According to experts, Data Analytics is a great field to choose to pursue an MBA. Why? Well, the main reason it's that this field is expected to experience a 30% CAGR (compound annual growth rate) by 2023, which will make it a $77.64 billion dollar company.

Some of the most popular job opportunities those who have an MBA in Data Analytics can have are:
  • Business analyst
  • Systems analyst
  • Business intelligence developer
  • Data architect
  • Solutions architect
  • Higher-Level Roles in Business Administration
  • Operations Research Analyst
  • Computer Systems Analyst
  • Software Developer
  • Mathematician or Statistician

This is by no means an exhaustive list, meaning that this is the list of the most popular career paths you can have if you earn an MBA in Data Analytics, but there may be many other options available.

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