Data, though being an invisible part, plays an important role in everyone’s life. Data analytics is the use of tools and techniques to convert raw material into a meaningful form. It also consists of processes to solve complex problems using raw data. Data analytics helps companies to understand their customers by gaining more insights. It also helps in product development, increasing the efficiency of employees, and so on.
Since the usage of data analytics is increasing, all the top companies are in search of people who have an aptitude for playing with data so that they can stay at the top of the industry. A job in data analytics can help you to find multiple opportunities for promotion and excel in your career.
The two most common professional courses in data analytics are an MS in analytics and an MBA in data analytics. Though both the courses are similar and lie on the same foundation, there are some differences between both of them. The biggest question then arises about which course to choose. In this guide, we shall discuss in detail the difference between MS in data analytics and MBA in data analytics.
What is an MS in Data Analytics?
The MS programs in data analytics belong to the departments of maths, science, or engineering. This course focuses more on the theory portion of mathematics rather than the practical applications. They also provide knowledge of concepts like statistical modeling and machine learning. You must have a bachelor’s degree in data analytics and an educational background in mathematics and advanced statistics to be admitted to the MS program.
By opting for the course of MS in Data Analytics US, you get exposure to the following things –
- You will gain in-depth knowledge of technical concepts such as machine learning, statistical modeling, and deep learning.
- You will learn to focus more on specialized projects and scientific methodologies.
- You will learn soft skills in the form of focusing on leadership, networking, and management skills.
What is an MBA in Data Analytics?
The MBA degree in Data Analytics is done through a university and is a two-year program. While taking admission to the MBA in data analytics course, you will have to pick up one subject, like mathematics, accounting, economics, etc., as the specialization.
This program helps the students make informed business decisions and generate value for the business by focusing more on data science techniques. You will also learn to apply the business theories in the practical world.
By opting for the course MBA in data analytics, you will get the chance to learn the following things –
- You will learn more about data visualization tools and programming languages.
- You will get exposure to real-world applications and play with data analytics in business functions.
- You will also learn management and leadership skills because of the deeper technical collaboration.
Comparative Analysis of MS in Data Analytics and MBA in Data Analytics
While there is an overlapping of concepts in MS in data analytics and MBA in data analytics, there are some differences between both of the courses in the pattern of curriculum and the things you learn in them. The MBA course in data analytics focuses more on business analytics as there is no business focus in MS in data analytics. MS in data analytics focuses only on machine learning, deep learning, etc.
When it comes to the options available in both programs, the MBA in data analytics comes with various types. It is not confined to a single area of study. Also, taking admission to the MBA program requires an individual to have an industry experience of at least 1 year. Following are some major points of distinction between an MS in data analytics and an MBA in data analytics:
Basis | MS in Data Analytics | MBA in Data Analytics |
Jobs Offered | 1. Machine Learning Engineer
2. Data Learning Engineer 3. Data Analyst 4. Research analyst 5. AI Specialist |
1. Product Analyst
2. Business Analyst 3. Marketing Analyst 4. Growth Marketing Analyst 5. Business Intelligence Analyst |
Curriculum Design | It covers advanced technical concepts such as advanced statistics and data visualization and programming languages such as Python and Java. | This course includes the foundation subjects such as finance, marketing, etc. It also emphasizes soft skills that include leadership, management, and so on. |
Job Market Demand | The market demands individuals who can handle complex data analytics tasks easily. Here, the people are valued for implementing advanced analytics techniques in a simplified manner. | The market demands individuals who have a blend of knowledge of business and analytics. They must be capable of translating analytical insights into successful business strategies. |
Conclusion
Choosing whether to pursue an MS in data analytics or an MBA in Data Analytics depends on your career goals and the exposure you want in the industry. You can gain admission to any of these courses through practice and experience. Having industry experience plays a crucial role in a data analytics career. It helps to deal with the unpredictable environment and understand financial concepts in a simplified manner. The MBA program will be better for you if you have an interest in the fields of finance and business. If you wish to become the leader of the company, then choose the MBA program. This course gives you a more theoretical understanding of basic finance subjects.
On the other hand, MS in data analytics will be helpful if you have an interest in technical areas of data analytics. If you have a passion for data science, you would prefer to be admitted to an MS program in data analytics. Also, the cost involved in both programs varies from university to university. Therefore, you must carefully examine your career goals to choose between both these courses.