Business Analytics
Business analytics is a rapidly growing field with strong signs of further growth. This program is innovative as it bridges business acumen with data analysis. This combined skillset is increasingly demanded in the modern business world.
Common Career Paths
Some of the top jobs for those with Business Analytics bachelor degrees include statistician, market research analyst, business intelligence consultant, operations research analyst, marketing analyst, and so much more.
Common Salary Ranges for Graduates
As mentioned above, there’s a long list of career opportunities for those with Business Analytics degrees. But, the U.S. Bureau of Labor Statistics reports the average annual salary for the following positions (which may require additional education) in North Carolina in 2021:
- Statistician: $111,640
- Market research analyst: $71,510
- Operations research analyst: $93,460
- Management analyst: $99,400
Average Tuition Cost
The average cost for an incoming residential freshman to attend MU is less than $18,000 – similar to the cost of attending one of the big-box public schools, but with the enhanced value of a highly-regarded private school with a 12:1 student-to-faculty ratio.
While tuition varies, depending on a student’s financial aid package, it’s important to know that the average financial award for an incoming residential freshman at MU is more than $34,000.
Financial Aid & Scholarships
More than 97% of MU students receive some form of financial aid, with the University offering more than $24 million annually to students for scholarships. If a student is active military, family of active military, or a veteran, they may also qualify for MU’s military education benefits.
Interested in Methodist University’s Business Analytics program?
If you have questions, reach out to Dr. Mary Kirchner using the contact info at the bottom of the page. If you’re ready to apply today, visit the link below!
Frequently Asked Questions
Business analytics is a rapidly growing field with strong signs of further growth. This program is innovative as it bridges business acumen with data analysis. This combined skillset is increasingly demanded in the modern business world.
No. However, Methodist University does offer a Master of Business Administration (MBA) that is highly regarded. You can learn more here.
As mentioned above, there’s a long list of career opportunities for those with Business Analytics degrees. But, the U.S. Bureau of Labor Statistics reports the average annual salary for the following positions (which may require additional education) in North Carolina in 2021:
- Statistician: $111,640
- Market research analyst: $71,510
- Operations research analyst: $93,460
- Management analyst: $99,400
Major Requirements
The major in Business Analytics requires 51 total hours of courses. This is distributed as follows:
Foundation Core Requirements
18 credits
| ACC 1510 Principles of Financial Accounting (3) | ECO 1510 Principles of Macroeconomics (3) |
| ACC 1520 Principles of Managerial Accounting (3) | ECO 1520 Principles of Microeconomics (3) |
| BUS 1510 Management and Organization (3) | MKT 1510 Principles of Marketing (3) |
Professional Core Requirements
9 credits
| BUS 2160 Statistics for Business and Economics (3) | BUS 3520 Business Law I (3) |
| BUS/FIN 3320 Managerial Finance (3) |
Required Business Analytics Courses
24 credits
| BUS 3380 Dashboard and Front-End Analytics (3) | BUS 4700 Business Strategy (3) |
| BUS 4380 Spreadsheet Modeling & Applications (3) | ECO 3160 Econometrics (3) |
| BUS 4500 Management Science (3) | ISE 4410 Data Mining (3) |
| BUS 4550 Data Driven Decision Making (3) | ISE 4420 Data Analytics (3) |
Minor Requirements
The minor in Business Analytics requires 18 total hours of courses. This is distributed as follows:
| BUS 1700 Computer Business Applications (3) | BUS 4380 Spreadsheet Modeling & Applications (3) |
| BUS 2160 Statistics for Business and Economics (3) | BUS 4500 Management Science (3) |
| BUS 3380 Dashboard and Front-End Analytics (3) | ECO 3160 Econometrics (3) |
Mission
The program in Business Analytics prepares students to bring data-driven decision-making skills to all facets of a business organization and to use quantitative reasoning to solve business problems in a complex environment. Students will be introduced to a wide variety of technical skills, including predictive modeling and econometrics, statistical computing and data visualization, and will be trained in how to apply those skills in a modern business environment.
Goals
- Students will learn statistical modeling techniques and be proficient in statistical computing. Students will learn, and be proficient in, business focused computing environments.
- Students will be able to communicate technical information and results of quantitative analysis to people both with and without technical backgrounds.
- Students will be able to identify business opportunities for data-driven solutions and develop data-driven solutions to support business decision-making.
- Students will be able to work collaboratively in an interdisciplinary environment, capable both of bringing technical expertise to business-focused colleagues and business acumen to highly specialized technical environments.
Contact
Mary Kirchner, Ph.D., CPA
