Get the Top Job
Glassdoor, the job search site, publishes an annual report of the 50 best jobs in America. The list is calculated based on the number of job openings, salaries, and overall job satisfaction ratings. Data scientist was the No. 3 best job in 2022. Data science professionals have a median salary of $120,000, which is up $30,000 in just three years.
In a survey of prospective employers, MSBA graduates with some prior work experience were the most sought after for their blend of technical and business skills. Lily Awad works with recruiters and employers on a daily basis as senior associate director of the Graduate Center for Career Development at Babson. The message she hears from recruiters at machine learning, AI, and analytics firms is consistent. “When they are looking to hire, they’re looking for people who are super comfortable with statistics, but also have client-facing experience,” she says.
A master’s in business analytics can be worth it as a smart and efficient way to gain the technical and team skills employers want. In organizations, business analytics experts can be like detectives, using data to reveal important insights. For example, they explore how to save the company money, investigate customer attrition, or connect the data points that pave the way for new product offerings.
Along with strong quantitative skills, it’s equally important that analysts bring creativity and an entrepreneurial viewpoint to the analysis. Consequently, the MSBA is especially worth it for students who like the challenge of solving puzzles and proposing creative, data-driven solutions.