About Msm In Business Analytics in New Jersey Institute of Technology

When you’re making your choices about how you want to further your professional career, there are some differences when it comes to either choosing an MS in management (an MSM) or choosing an accredited online MBA program instead. Ultimately, everyone will make the best choice for themselves, but for some, choosing an MSM degree instead of MBA management makes better sense for them. Part of the reason is that the MSM program allows you to specialize in certain concentrations and develop certain skills that prepare you for certain professions, which are often in leadership roles. One of the concentrations we offer at MTSM is the business analytics management concentration, which can prepare you for various positions and offer you many other new job skills.

What Is Business Analytics, Exactly?

Someone pursuant to their MSM degree online who may be interested in business analytics would be thinking about a career perhaps in decision-making roles, such as performance analysis. You may see someone with a history in business analytics, deciding on business decisions in organizations regarding spending factors, budgeting, and other vital factors to the company. While you would have somewhat of a financial background, your concentration would be analyzing and statistical analysis.

Who Would the Business Analytics Program Be a Good Fit For?

Anyone who has an undergraduate degree and who is interested in analytics may be a good fit. However, many of our students at NJIT who are enrolled in our MSM program in the business analytics concentration have undergraduate degrees in engineering, science, and information technology. This program bridges the gap between technology and management. It provides you the skills you will need to possess a managerial role in your future company while having the analytical skills to make the best decisions.

Ultimately, What Jobs Can Business Analytics Lead To?

The business analytics program is data-driven, so any job that requires a graduate-level degree and data knowledge is a possibility. Some of these professions may include careers as business analysts, where you are studying markets, and careers in research and development. Other professionals may consist of upper-level management, such as COO and CTO.

Graduate applicants are those who have completed, or are in process of completing, the equivalent to a U.S. bachelor's degree from a regionally accredited institution, either in the U.S. or abroad, and are applying to a graduate or professional program of study (Master's, PhD, LLM, JD).  Each graduate program establishes its own application and admission standards and deadlines, which may differ from program to program even within the same department. 

English Language Requirements

The Test of English as a Foreign Language (TOEFL), Duolingo or the International English Language Testing System (IELTS) is required for all international applicants not holding a degree from a United States post-secondary institution.  The minimum score required is 79 for the Internet-based TOEFL exam, 213 for the computer-based TOEFL exam, or 550 for the paper-based TOEFL exam.  A minimum score of 6.5 with no sub-score lower than 6.0 is required for the IELTS exam or 120 on the Duolingo exam.

New Jersey Institute of Technology Cost of Attendance

The cost of attendance is the average cost incurred by the student to attend one academic year. For each academic year, New Jersey Institute of Technology's cost of attendance for both undergraduate and graduate programs is set by the Student Financial Aid Service depending on the program, housing and residency selection and year in school. You should also check out the estimated budget to study in USA to plan your education abroad.

The cost of attendance for NJIT is tabulated below: