Taking the best MBA in Data Science is a great education path for students seeking a career in data science. You can learn the technical skills of data scientists and the business acumen you need to make data-driven decisions and succeed. Since data science is a fast-growing career field, you have plenty of career options with various types of data science jobs.
A Master’s Degree in Data Science offers great careers in business. In fact, according to the US News & World Report, data scientists rank third in the best technology jobs in the market. Check out this article on where you can find the best data science master’s degree jobs, schools, and the admission requirements for each university offering data science MBA degrees.
Where Can I Get an MBA Degree in Data Science?
Some of the best schools to get an MBA Degree in Data Science include Arizona State University, Southern New Hampshire University, and the University of Chicago Booth School of Business. Some of these business schools, such as the University of Chicago, rank among the top 10 schools of the QS World University Business Masters Rankings in the United States for full-time students.
What Schools Offer the Best Data Science MBA Degrees?
- Arizona State University
- Rockhurst University
- Rutgers University
- Southern New Hampshire University
- University of Chicago Booth School of Business
What Are the Admission Requirements for an MBA Degree in Data Science?
The admission requirements for an MBA Degree in Data Science include official school transcripts from degree-granting schools attended, a minimum GPA, and standardized test scores. You also need to submit a resume to show your professional experience.
Some schools require a Graduate Management Admission Test (GMAT), a Graduate Record Examination (GRE), an Executive Assessment (EA), or English proficiency tests (IELTS or TOEFL). Other requirements include essays, video essays, and letters of recommendation from academic instructors or your colleagues.
Data Science MBA Degree Admission Requirements
- Official transcripts
- Minimum GPA (optional, as required by the school)
- Standardized test scores in GMAT, GRE, or EA
- Essay and resume
- Video essay
- Letters of recommendation
- English language proficiency test scores (for non-native speakers)
How to Get a Data Science MBA Degree
The best way to get a data science MBA degree is by completing all the necessary graduation requirements. Most schools require students to maintain a minimum GPA and complete 30 to 60 credits, depending on the program.
How Many Credits Do You Need for an MBA Degree in Data Science?
You need 60 credits for an MBA Degree in Data Science. These credits will be offered through core courses, elective courses, and concentration courses. Some schools also have credits for immersive learning or internships where students have the opportunity to get real-world experience. An MBA in Data Science can be an excellent option for students in developing management skills and proficiency in data analysis.
Data Science Degree Requirements
- Core courses
- Elective courses
- Concentration courses
- Immersive learning or internship
Best Data Science MBA Degree Programs and Schools: Overview
| School | Program | Accreditation |
|---|---|---|
| Arizona State University WP. Carey School of Business | MBA – Concentration in Business Analytics | Association to Advance Collegiate Schools of Business |
| Carnegie Mellon University Tepper School of Business | Business Analytics MBA Track | Association to Advance Collegiate Schools of Business |
| Cornell University SC Johnson College of Business | MBA with Digital Technology Immersion | Middle States Commission on Higher Education |
| Harvard Business School | Harvard Business Analytics Program | Association to Advance Collegiate Schools of Business New England Commission of Higher Education |
| Northwestern University Kellogg School of Management | MBA Data Analytics Pathway | Association to Advance Collegiate Schools of Business Higher Learning Commission |
| Rockhurst University Helzberg School of Management | MBA – Data Science Concentration | Association to Advance Collegiate Schools of Business |
| Rutgers Business School | MBA – Concentration in Analytics and Information Management | Association to Advance Collegiate Schools of Business |
| Southern New Hampshire University | MBA – Business Analytics Concentration | New England Commission of Higher Education |
| University of Chicago Booth School of Business | MBA Business Analytics | Higher Learning Commission |
| University of Pennsylvania The Wharton School | MBA Major in Business Analytics | Association to Advance Collegiate Schools of Business |
Best Schools for Data Science: Top Data Science MBA Degree Programs
The best schools for a data science MBA degree include Arizona State University, Harvard University, and Southern New Hampshire University. It can be challenging for students interested in data science to find the right business degrees.
To find the top data science MBA degree program, you must consider online programs, the program’s accreditation, tuition, and location. Programs can be available for students online or in person. Below we have compiled a list of some of the best MBA Degrees in Data Science.
What Is a Data Science MBA Degree?
An MBA Degree in Data Science is a graduate degree that covers the use of quantitative methods to analyze data and make business decisions. It’s typically a two-year program. A degree in data science at this level is different from a bachelor’s or master’s degree in data science. It provides a more in-depth look at using data science to improve organizations.
How Important Is an MBA Degree in Data Science?
It is important to get an MBA Degree in Data Science because it opens up many opportunities for someone’s career and allows them to specialize in a significantly growing field. The rising need for data science will result in high demand for highly qualified professionals. With data science becoming a critical part of businesses, an MBA will give someone an edge in the job market.
What Types of MBA Degrees Can You Get in Data Science?
You can get the following types of MBA Degrees in Data Science:
- Conventional Masters of Business Administration (MBA)
- Executive MBA
- Global MBA
While all of these MBA degrees commonly deal with business strategies and project management, they still differ when it comes to teaching approach. A conventional MBA student has a more immersive learning experience than an Executive MBA student. So for professionals with busy schedules, an executive MBA is a more viable option since it won’t demand too much time for immersion.
On the other hand, a Global MBA incorporates an international perspective, as students enhance their analytical skills in operations management in a business environment.
Is It Better to Get a Master’s Degree or an MBA in Data Science?
It’s better to get an MBA Degree in Data Science if you want to elevate your career in leadership and management roles. MBA degree programs in data science offer a business or management focus, which could benefit students interested in working in a data-related field while developing their management skills.
A Master’s Degree in Data Science is the better route if you want to be a highly regarded expert in the data science field. It can also be a good option if you want to build a career in academia.
What Is the Difference Between a Data Science MBA Degree and a Data Science Certificate?
The difference between a data science MBA degree and a data science graduate certificate is the program’s comprehensiveness. An MBA in Data Science degree is a more comprehensive program that typically takes two years to complete. This degree covers all aspects of data science, while a data science graduate certificate focuses on a specific part of data science.
In comparison, a data science graduate certificate is a shorter program. It’s more focused on certain topics, such as data mining or machine learning. It typically takes one year to complete.
How Much Does It Cost to Get an MBA Degree in Data Science?
The data science MBA degree cost is approximately $12,171, according to the National Center for Education Statistics. This tuition rate may increase or decrease depending on the type of institution you’ll enroll in, whether public or private and for-profit or non-profit. You’ll also have to prepare for other expenses.
How Long Does It Take to Get a Data Science MBA Degree?
It usually takes two years to get an MBA Degree in Data Science. To get this degree, a student needs to complete 60 credits of coursework. They would need to take 15 credits per semester or 30 credits per year.
Some programs may be completed in as little as 12 months, while others may take up to four years, depending on the learning pace. Many schools offer part-time or online programs, which can extend the amount of time it takes to complete the degree.
How Hard Is It to Get an MBA Degree in Data Science?
Getting a data science MBA degree can be hard because it’s a new and emerging field. There are not as many programs available, and it can be challenging to find well-experienced experts to learn from outside the course. It’s also critical that a reputable organization accredits the program. Like any other MBA program, a data science MBA requires a lot of coursework.
Why Should You Get a Data Science MBA Degree?
You should get a data science MBA degree because it will provide you with the knowledge and hard skills needed to pursue a career in data science. Through its courses, you’ll learn how to collect, organize, and analyze data sets and how to use them to solve business problems. Since it’s also a business course, you can also enhance the management skills you need to succeed.
Data science is a relatively new field. As such, there are not many jobs that explicitly require an MBA in Data Science. However, the skills and knowledge gained through this program would benefit any job involving data analysis, including marketing, finance, and management positions.
What Courses Do You Need to Take in an MBA Degree Program in Data Science?
MBA Degree in Data Science courses include math, computer science, data science, business, and business intelligence. These are only a few of the courses that will help you complete your MBA college credits. See the list below for detailed information about each course.
Mathematics
MBA graduate students need to take courses in math because it’s the language of business, and it’s typically used to solve business problems. For example, math is fundamental in data science when analyzing data to find patterns and trends. Math is also used to model data to predict future outcomes.
Computer Science
Computer science is a critical course because the modern business world relies heavily on computer systems and networks. To effectively manage a business in the 21st century, it’s essential to understand how these systems work. Additionally, computer science courses can help MBA graduate students develop analytical, critical thinking, and problem-solving skills.
Data Science
Data science is a field of study relevant to businesses of all sizes across industries. Subjects under this course teach students to analyze and interpret data for better-informed decisions. Additionally, data science courses help students develop the technical skills and competence necessary for working with large datasets.
Business Analysis
Business analysis helps MBA graduate students understand the fundamental concepts of business administration. Here, students can also learn how to use analysis effectively when dealing with business complexities. They’ll further know how to provide innovative solutions based on their business analysis.
Business Intelligence
This course will teach MBA graduate students how to gather and analyze datasets efficiently and use them to improve business performance. Apart from data processing and analysis, business intelligence also covers big data, another emerging field of study. Business intelligence involves business forecasting based on large sets of data.
Continuing Education Paths for Data Science MBA Degree Graduates
The best path to take with a data science MBA degree is a doctorate degree in data science. You can also seek licensing routes like becoming a certified data scientist. A dual degree program may also be an option for those who wish to continue their education in another data science-related or business specialization.
Related MBA in Data Science Degrees
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What to Look For in the Best Data Science MBA Degree Programs
The things to look for in the best MBA data science degrees are cost, flexibility or format, the school’s reputation, faculty credentials, and the employment outcomes. Below we discuss in detail the factors you need to look for while selecting an MBA Degree in Data Science.
Cost
The cost of an MBA degree is essential to consider because it helps determine the amount of money you need to save for your education. Also, the cost of an MBA Degree in Data Science can vary significantly from school to school, as well as the number of college credits and program length. As such, it’s important to compare the cost of different programs before making a decision.
Flexibility or Format
There are programs that provide schedule flexibility and various learning formats that can meet your needs and preferences. For example, an online format may be best if you’re also working while taking your data science MBA degree. If you learn better through structured learning with dedicated schedules, then the traditional route is a good option for you.
The Reputation of the School
A school’s reputation is important when choosing the best MBA Degree in Data Science because it reflects the quality of its programs. A school with a strong reputation will likely have a well-respected faculty, a robust alumni network, and a good job placement record. These factors can be important when looking for a job after graduation.
Faculty Credentials
The school faculty’s credentials can show the level of expertise that the school has in the field. In addition, the faculty’s level of excellence in research, teaching, and practical applications can help ensure that students gain the skills and knowledge needed for a successful career. You’ll also get a sense of how effective they are in producing quality graduates.
Employment Outcomes
Employment outcomes give you an idea of what jobs you can expect to get after completing the degree. It also shows the career trajectory you’ll have with your MBA in Data Science degree. This information can help you determine if the program is right for you and your career goals.
What Is the Most Affordable Data Science MBA Degree?
The most affordable MBA Degree in Data Science is SNHU’s MBA in Business Analytics. It only costs $700 per credit hour. At 30 credit hours, the full MBA program only costs $21,000.
Salary and Job Outlook for Data Science MBA Degree Graduates
There are many employment paths for students who complete an MBA Degree in Data Science. After graduation, many students pursue a career in data analytics or management. Other students may choose to become data scientists or business intelligence analysts.
How Hard Is It to Get a Job With a Data Science MBA Degree?
It’s not hard to get a job with an MBA Degree in Data Science. MBA data science programs equip students with the skills and knowledge needed to thrive in a data science career. With this master’s program, you can specialize in data mining, machine learning, big data management, and business intelligence.
Some schools also offer career services to help students find jobs after graduation. These services may include internship opportunities, job placement assistance, and business industry partnerships.
What’s the Average Data Science MBA Degree Salary?
The average salary for someone with an MBA Degree in Data Science is $100,082 per year, according to PayScale. However, this number can vary greatly depending on experience, skillset, and specialization. For instance, an expert in the field may earn a salary of around $83,000, while someone with less experience may earn around $65,000.
What Types of Jobs Can You Get With a Data Science MBA Degree?
The types of jobs you can get with a data science MBA degree include data analyst, financial analyst, or management analyst. You can also become a data scientist or business intelligence analyst. Below, we share in detail some of the best data science master’s degree jobs, their salaries, roles, and outlook.
Data Science MBA Degree Jobs
- Business Intelligence Analyst
- Data Analyst
- Data Scientist
- Financial Analyst
- Management Analyst
Potential Careers With an MBA in Data Science Degree
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How Much Money Can You Make With an MBA Degree in Data Science?
You can make between $81,000 to $108,000 per year with an MBA Degree in Data Science. How much more money you will get with an MBA Degree in Data Science will depend on how many years of professional experience you have and what courses you have taken in the field. Below are some of the best MBA in Data Science jobs, as well as their salary information and top-paying states.
Highest-Paying Data Science MBA Degree Jobs and Salaries: Overview
| Data Science MBA Degree Jobs | Average Salary |
|---|---|
| Data Scientist | $108,660 |
| Mathematician and Statistician | $96,280 |
| Management Analyst | $93,000 |
| Operations Research Analyst | $82,360 |
| Financial Analyst | $81,410 |
Best Jobs for Data Science MBA Degree Grads
The best jobs for data science MBA degree grads are data scientist, data architect, mathematicians and statisticians, and data analyst.
Best Jobs According to Your Major
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Is an MBA Degree in Data Science Worth It?
Yes, an MBA Degree in Data Science is worth it. Data science is one of the most in-demand skills in the job market today, and it’s expected to continue to be in high demand in years to come. It’s also a well-compensated career with high-paying job opportunities for midcareer professionals and those seeking higher management roles.
Additional Reading About Data Science
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Data Science MBA Degree FAQ
Yes, an MBA is good for data science as it can provide you with a strong business foundation and help you develop essential soft skills, such as problem-solving, critical thinking, and communication skills. Most of these degrees will also allow you to do projects that are focused on real-world problems.
These skills can be beneficial in a data science career, where you may need to work with business stakeholders to understand them and translate complex data into actionable insights. This degree alos gives you a competitive advantage over others who may be pursuing the same job vacancy as you.
With an MBA in Data Science, you can build a career as a data analyst, business intelligence expert, or data scientist. You can use your knowledge in collecting and analyzing data to help any organization make better business decisions.
Additionally, this degree can help prepare you to work in data-driven fields, such as marketing and finance since these industries have a high demand for professionals with business skills. You will also have many networking opportunities while attending this degree, which can help you in finding a job in the future.
Accepted students who pass the eligibility and admission requirements of their preferred business school can do an MBA in Data Science. Typically, they are bachelor’s degree or master’s degree graduates who are excellent in mathematics, statistics, or computer science. Those who have professional experience also have a good chance of getting into a data science MBA program.
Yes, after an MBA, you can become a data scientist with the right data scientist skills and experience. Many data scientists have math, statistics, computer science, and engineering backgrounds as their career foundations. However, adding business skills through an MBA degree can also be a helpful credential for a data scientist role.
About us: Career Karma is a platform designed to help job seekers find, research, and connect with job training programs to advance their careers. Learn about the CK publication.
