collageHi Guys! If you want to gain more info about masters in business analysis, in canada. Then continue reading. As you know Canada is always in the high priority in the field of education . Universities are presenting the better quality in Canadian Diploma Programs. Nowadays this will be one of the best place for learners to learn their desired qualification with experience programs in business analysis via Masters In Business Analysis And Consulting Canada.
One of the most preferred graduate courses of studies among students is business administration. This post graduate diploma in business analysis in Canada is designed for students who are pursuing a career in business administration and seek to get an advance knowledge of business analyzing and consulting.
Masters In Business Analysis And Consulting Canada
Masters in Business Analytics in Canada is a one-two year program available as MBAN (masters in business analytics) and an MBA with a specialization in business analytics. The average tuition fee for pursuing MS in Business Analytics in Canadian Colleges is around 20,000 to 50,000 USD. For Indian students, this estimates to be 36.81 Lakhs INR.
To get admission to Masters in business analytics courses, international applicants need is a GPA of 3.0 (83-86%) and a GMAT score for top universities. The course focuses at intersecting technology and business, providing analytical insights that help in achieving business goals. Business Analytics courses in Canada open a wide range of job opportunities for its graduates. A postgraduate in business analytics from Canada can earn around 70,000 to 100,00 USD/year.
Top Universities offering Masters in Business Analytics in Canada
Masters in business analytics are available in some top-ranking Canadian universities and business colleges. These best universities/colleges for business analytics in Canada are mentioned below along with the program specialization available:
| World Ranking | University/College | Program |
|---|---|---|
| #34 | UBC Sauder School of Business | Masters of Business Analytics |
| #401-500 | York Schulich School of Business | Masters of Business Analytics |
| #136 | University of Alberta | MBA Business Analytics |
| #201-250 | Western Ivey Business School | MS in Business Analytics |
| #137 | HEC University | MS in Data Science and Business Analytics |
| #72 | McMaster DeGroote School of Business | MBA Business Analytics |
| #501-600 | Carleton University | MS Business Analytics (collaborative masters) |
Why Pursue Masters in Business Analytics in Canada
- Around 8 Canadian Universities offer Masters in Business Analytics of which three are in the world’s top 100, according to QS World Universities Ranking, 2022.
- According to the Bureau of Labor Statistics, the number of jobs related to business analytics will observe a steep rise of around 110,000 by 2026.
- According to the GMAC survey 2018, 71% of employers plan on hiring business school graduates for analytical roles. 52% of these hired applicants are required to have MBAN or a similar degree.
MS in Business Analytics Course Description
Masters in Business Analytics is a one-two year program available to graduates of Computer Science, data analytics, or students with a background in statistical mathematics. The core subjects offered include big data analytics, predictive modeling, supply chain analytics, data visualization, energy analytics, and programming for analytics. Customer analytics, operations analytics, people analytics, and accounting analytics are other specializations available within the MBA program.
Masters in Business Analytics in Canada Admission Process
International applicants who wish to study in Canada are required to fulfill some general criteria for admissions. However, the admissions process in master’s programs in Canada varies from institution to institution. The details of the admissions process are briefed in the sections below:
Where to Apply: Applicants must visit the program page on the official website of the institution they wish to apply for, for details on the admission portals/forms. International applicants are suggested to apply for the fall term for most of the universities. Application deadlines for MS in Business Analytics in Canada are discussed:
| Universities | Deadlines |
|---|---|
| UBC | Oct 26 |
| York University | Oct 7 Nov 25 |
| UAlberta | Apr 15 Nov 15 |
| UWO | Sept 28 |
| HEC Montreal | Mar 15 |
| Carleton University | Currently Open (Sept) |
| McMaster | Mar 1 |
Masters in Business Analytics in Canada Eligibility
The general eligibility criteria for admission in business analytics courses in Canada are given below:
- Completed education of 16 years- 10+2+4.
- Completion of a four-year undergraduate program with exposure to linear algebra, statistics, and calculus.
- Hands-on experience in computer programming and data analytics.
- GPA of 3.0 on a scale of 4.0, suggesting the percentage score should be within 76-81% and letter grade as B or above.
Other university-specific requirements are as follows:
| University/College | Specific Eligibility Criteria |
|---|---|
| UBC Sauder School of Business | GRE/GMAT |
| York Schulich School of Business | GMAT (avg)- 680, Letter grade B+, work experience recommended |
| University of Alberta | GMAT- 550, 50% percentile in GRE, average work experience- 5 years, 60% in UG(Indian Applicants) |
| Western Ivey Business School | GMAT/GRE- recommended |
| HEC University | GMAT- 600, GRE, TAGE MAGE- 300 French language proficiency: TEF/TCF- B2 to C1 level |
| Carleton University | 2-year work experience, GMAT-550 or GRE equivalent, interview |
| McGill University | GMAT/GRE, interview |
| McMaster DeGroote School of Business | Work Experience, GMAT- 600, KIRA online video interview |
Masters in Business Analytics in Canada Application Requirements
Applicants for master’s programs are required to submit various documents along with their application. The details for the documents required for admission in Masters in Business Analytics in Canada are listed below:
- Transcripts: Certificates, mark sheets, and other documents from previous institutions must be submitted. Some universities ask applicants to submit original transcripts. However, some universities ask applicants to submit certified original copies of the transcripts.
- Proof of Language Proficiency: International applicants from non-native English speaking countries must submit proof of language proficiency. Applicants can submit the score of standardized language tests. The minimum score requirements for studying MS Business Analytics in Canada are as follows:
- IELTS: 7.0 (with a band score of 6.5 each). Carleton University accepts a minimum overall score of 6.5.
- TOEFL (iBT): 100. Carleton University accepts a minimum overall score of 87.
- Letter of Recommendation: Applicants for MS in Business Analytics are required to submit academic or professional letters of recommendation. Most of the universities require two-three LORs.
- Resume/CV: An updated professional resume is required along with the application.
- Supporting Documents: Statement of intent, personal essays are some of the additional documents that may be required for admissions.
Masters in Business Analytics in Canada without GMAT
GMAT is one of the mandatory requirements for pursuing a Masters in Business Analytics in Canada. However, some universities may waive off the GMAT requirement in special cases. Applicants with excellent academic skills may be considered for admission without GMAT in business analytics. International applicants must ensure that they contact the respective universities for details.
The applications for all the universities are reviewed holistically. GRE/GMAT scores, LORs, and interviews play a decisive role in admissions. The decisions are released in a time period of two-six months.
Masters in Business Analytics in Canada Costs
International applicants planning to study in Canada are required to have minimum funds for supporting their studies for the first year. The costs of studying for international students can be widely distributed into three categories. These are pre-arrival costs, cost of study, and cost of living. The cost of studying or the tuition fee Masters in Business Analytics in Canada varies among different universities.
Pre-arrival Costs
Given below is a table indicating the one-time major costs involved for an international student planning to study abroad.
| Type of Expense | Cost (USD) |
|---|---|
| Program Application Fees | 75-113* |
| Visa Application Fees | 235** |
| Health Insurance | 10,000 |
| IELTS Fees | 185-190 |
| TOEFL Fees | 160-250 |
| GRE Fees | 205-230 |
| GMAT Fees | 250 |
| Airfare | 450-1400 |
*Depends on the university
**150 USD for a Canadian Study Permit and 85 USD is Biometric fees.
Tuition Fees of MS in Business Analytics in Canada
Tuition fees for pursuing Masters in Business Analytics from top Canadian universities are listed below:
| University | Program Fee/year (USD) (approx) |
|---|---|
| UBC Sauder School of Business | 42,000 |
| York Schulich School of Business | 38,500 |
| University of Alberta | 43,000 |
| Western Ivey Business School | 51,600 |
| HEC University | 20,353-20,730 |
| Carleton University | 38,500 |
| McGill University | 33,600 |
| McMaster University | 30,250 |
NOTE: Applicants must ensure that they visit the official tuition fees pages for the program and university they opt for.
MSc in Business Analysis & Consulting
University of Strathclyde Business School
Program description
The MSc in Business Analysis & Consulting is a flexible master degree and offers students the option of either study full-time for 12 month or part-time for 2-3 years.
Students who undertake the MSc in Business Analysis & Consulting are introduced to models used to support the development of strategy for organisations and enable the monitoring and measurement of strategic processes. The will also develop an understanding of quantitative business analysis methods as well as key consulting skills.
The MSc in Business Analysis & Consulting consists of following taught classes:
- Foundations of Operational Research and Business Analysis
- Quantitative Business Analysis
- Managing Business Operations
- Spread sheet Modelling & Demand Forecasting
- Strategy Modelling & Management
- Becoming an effective Business Analyst
Students can also choose three of below classes:
- Business Simulation Methods
- Business Information Systems
- Risk Analysis and Management
- Performance Measurement and Management
post graduate diploma in business analysis canada
PG Diploma in Business Analytics in Canada is a 1 to 2 year program that is quickly rising the ladder of popularity among international applicants. With some 1.7 MB of data created every second in 2020 globally (Data never sleeps, 6th ed.), our world is exploding with the overflow of information. It is this where the role of business analytics comes into play and aids organizations use this data to their advantage. This and a lot more makes the program a coveted choice among international applicants looking for higher education in Canada.
- The tuition fee for one of the top colleges for PGDM in Business Analytics in Canada is nearly 9,400 to 44,000 CAD, per year (~10 to 40 lakhs for Indian students).
- Work Experience is not required for the program. However, students with a 2-year UG diploma or equivalent have to necessarily present a min. experience of 2 years.
- Additional test scores like GMAT or GRE are not required for this program.
- Familiarity with concepts like linear algebra, statistics, calculus and basic knowledge of R, Python, SAS, Excel, among others is recommended.
- Shorter in duration and comfortable on pocket, the course is definitely becoming the choice of the hour with the starting salary package of 39,000 to 50,000 CAD, per year.
Canada is expected to add some 14,800 new jobs to the field in the coming decade that will create a flood of employment opportunities for students with a PG Diploma in Business Analytics in Canada (Job Bank Canada). Ontario followed by Alberta and British Columbia are some of the states in the country that are expected to generate the best possible job prospects in the field.
Top Universities for PG Diploma in Business Analytics in Canada
PG Diploma in Business Analytics in Canada is one of the coveted alternatives for students interested in short courses when looking to study abroad. The list of top universities in the country for the program along with their world rankings and tuition fee are as tabulated below.
| Institute | Program offered | Tuition Fee (in CAD, per year) |
|---|---|---|
| McMaster University | Diploma (Business Analysis) | 9,457 |
| University Of Montreal | Specialized Graduate Diploma (Management- Business Analysis) | 18,407 |
| University Of Calgary (Haskayne School Of Business) | Diploma (Business Analytics) | 23,746 |
| Cape Breton University | Post-baccalaureate Diploma (Business Analytics) | 10,090 |
| Northern Alberta Institute Of Technology | Diploma (Business Analyst) | 17,139 |
PG Diploma in Business Analytics in Canada: Graduate Certificate Courses
Apart from PG Diploma courses in the field, interested applicants can also choose from a range of interesting graduate certificate courses in business analytics. Some such courses are as mentioned below.
| Institute | Program offered | Duration | Tuition Fee (in CAD, per year) |
|---|---|---|---|
| Cambrian College | Graduate Certificate in Business Analytics | 3 Semesters | 16,799 |
| Centennial College | Business Analytics and Insights | 16 months | 16,532 |
| Centennial College | Marketing – Research and Analytics | 1 year | 16,531 |
| St Lawrence College | Graduate Certificate in Business Analytics-International Stream | 2 years | 44,000 |
| Humber Institute of Technology & Advanced Learning | Ontario Graduate Certificate in Research Analyst | 2 semesters | 16,607 |
| Durham College | Certificate in Data Analytics for Business Decision Making | 1 year | 13,322 |
| Algonquin College | Certificate in Business Intelligence System Infrastructure | 1 year | 20,228 |
| St. Clair College | Ontario College Graduate Certificate in Data Analytics for Business | 2 years | 30,732 |
Why Study PG Diploma in Business Analytics in Canada?
- Rising job opportunities: As per the report published by Job Bank Canada, the country is expected to generate 14,800 new jobs in the field of business analytics between 2019 and 2028 in addition to the current employment opportunities of 43,900 (in 2018).
- Demand-supply balance: With nearly 15,000 new jobs for 15,400 job seekers, business analytics as a domain is expected to continue with a constant demand-supply balance in Canada till 2028 (Canadian Occupational Projections System).
- Shorter duration of program: PG diploma in Business Analytics in Canada is usually a short course of 12-14 months but is highly coveted for in-demand jobs.
- High paying jobs in Canada: For a candidate with higher education in the field of Business Analytics in Canada, the starting salary in the country is nearly 27.60 to 68.38 CAD, per hour or 53,000 to 150,000 CAD, per year with experience.
PG Diploma in Business Analytics in Canada: Course Highlights
| Duration | 1 to 2 years |
| Eligibility | Bachelor’s degree or diploma in related field; SOP; LORs; Resume |
| Exams Required | IELTS (6.5) or TOEFL (60 to 90) |
| Work Experience | 1-2 years (recommended; mandatory for 2-y diploma undergraduates) |
| Tuition Fees | 9,400 to 44,000 CAD |
| Job Role Available | Senior Business Analyst, Executive Financial Services, Marketing Specialist, Business Developer |
| Top Recruiters | Amazon, Accenture, HSBC Bank Canada, BMW group, IBM, Centro |
| Salaries at Fresher level | 39,000 CAD per year |
PG Diploma in Business Analytics in Canada: Course Curriculum
PG Diploma in Business Analytics in Canada is a 1-2 year program that provides the students with necessary knowledge, skills and hands-on experience of how and where statistical analysis meets business insights. Designed specifically for candidates interested in finding solutions to big business problems, the program offers in-depth training of concepts like big data, statistical and predictive modeling, visualization and data storytelling.
Students looking for a short-term course after their undergraduate or wishing to pursue 2 master’s programs at the same time (degree and diploma) can opt for this course in particular when seeking to study in Canada.
Some relevant skills that a desirable student looking to pursue the program must possess includes the following:
- Strong English communication skills and interpersonal abilities.
- Time management and ability to handle deadlines and pressure.
- Possess critical-thinking skills.
- Should be inquisitive and analytical.
- See themselves as future team leaders or significant contributors of the team.
- Quick analyzing and problem-solving capacity.
- Passionate about learning the marketing research industry.
PG Diploma in Business Analytics in Canada Admissions
All the admission requirements for PG Diploma in Business Analytics in Canada differ on university basis. The detailed list of requirements comprising application deadlines, exams to study in Canada, relevant test scores and required documents are as compiled below.
PG Diploma in Business Analytics in Canada: Application Deadlines
Some top universities for PG Diploma in Business Analytics in Canada and their corresponding deadlines are as follows:
| Institute | Application Deadline |
|---|---|
| Mcmaster University | January 1 |
| University Of Montreal | February 15, April 22, September 15 |
| Cape Breton University | January 1 |
| Haskayne School Of Business | February 1 |
| Northern Alberta Institute Of Technology | January 6 |
| Cambrian College | January 11, 2021 |
| Centennial College | January, May, September 2021 |
| St Lawrence College | January 11, 2021 |
| Humber Institute of Technology & Advanced Learning | January 11, 2021 |
| Durham College | January 6, 2021 |
| Algonquin College | January 11, 2021 |
| St. Clair College | September 20, 2021 |
PG Diploma in Business Analytics in Canada: Admission Requirements
While most of the basic specifications for the program vary for different universities, some common admission requirements for PG Diploma in Business Analytics in Canada are as listed below.
- A 3-year honours degree/diploma or its equivalent in the field of business or related stream.
- Minimum GPA score of 3.0 or 65% (varies for different institutes)
- English proficiency scores like IELTS or TOEFL for candidates hailing from non-native English speaking countries.
- Work Experience of 2 years is highly recommended. It is a mandatory requirement in most cases who accept 2-year undergrad diploma courses.
- Statement of Purpose
- Letters of recommendation (2 to 3; preferably mix of academic and professional)
- Updated CV/Resume
- Prior comfort with subjects like mathematics, statistics, computer software, computer programming and enterprise systems is recommended.
- Assessment of numeracy skills might be an added requirement.
- For candidates pursuing PG Diploma in Business Analytics in Canada in French, basic eligibility for the language must also be met accordingly.
masters in business analysis in canada
It is no surprise to anyone that the current business scenario is heavily dependent on the huge amounts of data generated daily, which then needs to be properly collected, analysed and inferred by professionals. In other words, these professionals are experts in Big Data, Business Analytics, and Data Science fields, which are trending nowadays. Therefore, students opting for Masters in Business Analytics, one of the 1 year management course in Canada, and Big Data prove to be an asset for the job market. That is to say, the large amounts of data collected by an organisation get transformed into meaningful data to benefit the organisation.
Furthermore, there are many countries like the USA, Canada, Australia, Europe, etc., that are actively offering great Masters courses in Business Analytics and Big Data. Also, the country that has come into the limelight because of the quality of its courses and employment prospects after graduation in Canada.
In short, Canada is a country offering many advantages that appeal to international students looking for employment prospects after graduation and students who aim to make the correct choice of study.
Most importantly, the programs that its B schools offer are helping graduates prepare to thrive in the world’s most desired and in-demand field – Business Analytics.
Then again, before we go into detail about the Universities and B Schools offering top-notch programs for Ms in business analytics in Canada, let’s first understand the trending buzzword Big Data stands for and how big data is different from business analytics.
What is BIG DATA?
Big data refers to huge volumes of data that can be both structured and unstructured that a business/organisation deals with regularly. Moreover, Big data greatly helps a company make cost reductions, develop new products, time-saving, etc. In short, the process of using that collected Big Data for the organisations best is known as Business Analytics.
Difference between Big Data & Business Analytics:
Business Analytics and Big Data should not be considered similar to Business analytics. That is to say, and it focuses on a core metric: the financial and operational analytics of the business.
Nevertheless, when we talk about ‘Big data, ’ analytics greatly benefits us to analyse a wider range of data coming into the business from all sources combined, and that helps the organisation make better and productive decisions.
Apart from that, big heavy data includes automation. But, above all, business analytics depend on a particular human being or data analyst looking at that data and thus gathering important and meaningful information and thus drawing inferences from that.
Hence, we can clearly say that in Big Data, the machine greatly takes over analytics.
Top Tools/Skills used in Business Analytics:
| R | Excel |
| Tableau Public | RapidMiner |
| Python | KNIME |
| SAS | QlikView |
| Apache Spark | Splunk |
The Growth After Ms in Business Analytics in Canada – The Career Option:
Business Analytics has reached new heights in the past years because of the amazing explosion of the data, which is now being made available to companies/organisations. To sum up, the above-mentioned analytics tools help the companies get the required skills to use that data for their benefit.
Most significantly, it has become the job and duty of business analysts to aggregate the available data effectively. Likewise, to efficiently and mindfully decide how their organisation can make profitable use of that data.
To match this rise in demand of business analysts and lessen the gap between demand and supply, universities and colleges all over the world are providing Masters in Business Analytics. This proves to be the best career option for fresh graduates who possess a background in the field of science, business, math or engineering.
In addition to the United States, European countries, Australia, Canada has now gained momentum in providing students with superb courses in Business Analytics with great career opportunities.
Ms in Business Analytics in Canada without GMAT:
The GMAT score is one of the most widely accepted and mandatory components of the application process for most of the master’s programs. Similarly, following this same route, the GMAT is a compulsory criterion that needs to be fulfilled for admission into an MS Business Analytics program in Canada. Most of the top B-schools in Canada require the applicant to submit their GMAT scores. However, in certain special cases, an applicant may receive a waiver on his GMAT. In other words, most of these privileged applicants possess exemplary academic records, which is more than enough to showcase their academic prowess. Having said that, in the case of international students, it is recommended to contact the specific university or B-school to get a more clear idea regarding the details on the GMAT waiver and their eligibility.
Job Opportunities & Career Prospects after pursuing Ms in Business Analytics in Canada:
Canada is a more immigrant-friendly country in the world. For instance, when you finish your program in Business Analytics from a Canadian University and while doing the course, you have work rights if you are an international student.
With the help of your study permit, you can avail yourself of part-time jobs. In addition, after finishing your course, you can get a temporary work visa that directly impacts your duration of work permit in Canada.
So if you have studied for two years, your work permit also will be of 2 years. Nevertheless, if you still want to work in Canada, you can renew your visa after it expires.
In addition, you can opt for a PR or Permanent Resident status after fulfilling the stay in Canada minimum requirements.
Expected Salaries Of Business Analysts:
An average salary offered to professionals who pass out of esteemed colleges like HEC, Saint Mary’s University, and UBC is between the range of $30,000 to 65,000. That said, when talking about placement after Masters in Business Analytics in Canada, get the following prestigious placements:
Students graduating from UBC were placed at big names like Amazon, HSBC Bank Canada, PwC, and Hoot Suite.
Companies like Accenture, General Mills, Coca-Cola, Oliver Wyman picked students from Queen’s University at Kingston for placements.
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