Guide to Master’s in Data Analytics Programs

Explore the top master’s in data analytics programs to prepare for a career in information analysis. Learn about coursework, tuition, skills, and more.

A master’s degree in data analytics can prepare you for a job as a data analyst, business intelligence analyst, management consultant, or data scientist.

Fortune Business Insights projects that the global big data market will grow from about $348 billion in 2024 to over $961 billion by 2032. This rapid growth continues to create significant demand for data analysts. Whether you are already a competent data professional looking to upskill or have just graduated as a non-STEM major and are searching for a career, this degree may offer an ideal pathway.

The following guide explores what you can do with a master’s in data analytics, schools that offer these programs, and how to choose the right degree for you.

Why Should You Get a Master’s in Data Analytics Degree?

While no degree can guarantee a high salary, people with a master’s degree tend to earn more, on average, than those with a bachelor’s degree.

In 2024, for example, the Bureau of Labor Statistics (BLS) reported that median weekly earnings for master’s degree holders were $1,840, compared with $1,543 for those with only a bachelor’s degree. At the other end of the scale, unemployment rates were lower for those with advanced degrees.

As Payscale reports, people with bachelor of science degrees in business data analysis earned an average of $72,000 a year, while people with master of science degrees in the field earned an annual average of $84,000.

Earning a degree in analytics offers more than high salaries, however. With your education, you can help solve problems for medical providers, scientific researchers, corporate executives, and government leaders.

Pros of Earning a Master’s in Data Analytics

  • Earn a higher salary
  • Gain in-demand skills in a fast-growing profession
  • Improve lives and businesses through hands-on research

Cons of Earning a Master’s in Data Analytics

  • May be expensive
  • Demands sharp skills in statistics, math, and computer programming

What Can You Do With a Master’s in Data Analytics?

Many industries face an ongoing shortage of talent in data analytics. Graduates can apply for positions in healthcare, finance, business analytics, and the sharing economy, among other sectors.

Despite the name, not every data analytics graduate has to work as an analyst. Depending on your skills and interests, you might prefer a career as a database administrator, business researcher, or management consultant.

The following careers are just some of your options after completing a graduate degree in data analytics.

Data Scientist

  • Median Salary (2024): $112,590
  • Projected Growth Rate (2024-2034): +34%

Operations Research Analyst

  • Median Salary (2024): $91,290
  • Projected Growth Rate (2024-2034): +21%

Database Administrators and Architect

  • Median Salary (2024): $123,100
  • Projected Growth Rate (2024-2034): +4%

Market Research Analyst

  • Median Salary (2024): $76,950
  • Projected Growth Rate (2024-2034): +7%

Cost Estimator

  • Median Salary (2024): $77,070
  • Projected Growth Rate (2024-2034): -4%

Management Analyst

  • Median Salary (2024): $101,190
  • Projected Growth Rate (2024-2034): +9%

Where Can You Get a Master’s in Data Analytics Degree?

Listed alphabetically, the schools below represent institutions reporting a graduation rate greater than 50%. All the data comes from the National Center for Education Statistics (NCES) and pertains to the 2022–23 academic year.

Data Analytics Master’s Programs
School Name Student Population Data Analytics Master’s Degree Program Graduation Rate Average Net Price
Bentley University 5,264 Master’s in Business Analytics 88% $43,858
Bowling Green State University 17,027 Master of Science in Data Science 63% $20,987
Butler University 5,763 Master’s in Data Analytics 80% $40,140
Carnegie Mellon University 15,596 Master of Computational Data Science 93% $32,964
Case Western Reserve University 12,266 Master of Engineering with Applied Data Science 87% $41,351
Colorado State University-Fort Collins 33,500

Master of Accountancy (M.Acc.) – Data Analytics and Systems Specialization

Master of Applied Statistics (M.A.S.) – Data Science Specialization

Professional Science Master’s in Natural Sciences, Biological Data Analytics Specialization

Master of Business Administration (MBA) – Marketing Data Analytics Specialization

67% $19,828
Drake University 4,504 Master of Science in Business Analytics 77% $30,886
George Mason University 39,527 MS Data Analytics Engineering 69% $18,900
Loras College 1,213 Master of Science in Applied Analytics 70% $22,338
Louisiana Tech University 11,427 MBA, Business Data Analytics Concentration 58% $12,593
Marquette University 11,373 MS in Accounting Analytics 80% $32,031
Maryville University of Saint Louis 9,883 Master’s in Data Science 72% $26,733
Millsaps College 626 MBA, Data Analytics 55% $26,739
Moravian University 2,658 Master of Science in Data Analytics 71% $30,720
North Carolina A & T State University 13,885 MS in Data Science and Engineering 55% $10,258
Ohio University 24,937 Master of Business Analytics 66% $20,550
Saint Mary’s University of Minnesota 3,831 Master’s in Business Intelligence and Data Analytics Degree 68% $22,518
Siena College 3,623 MBA with a Concentration in Business Analytics 76% $32,602
Southern Adventist University 3,154 Master of Science in Computer Science with a Certificate in Data Analytics 51% $25,374
Stevens Institute of Technology 8,842 Master of Science in Data Science 90% $43,665
The University of Texas at San Antonio 34,864 Data Analytics, MS 51% $10,831
University of Massachusetts- Dartmouth 7,759 MS in Data Science 49% $20,696
University of Mississippi 24,043 Master of Science in Sport Analytics 68% $14,946
Virginia Commonwealth University 28,238 Master of Decision Analytics 65% $22,852
Virginia Polytechnic Institute and State University 38,294 Master of Arts in Data Analysis and Applied Statistics 86% $22,205
Western Kentucky University 16,759 Cybersecurity Data Analytics, Master of Science 54% $12,054
Source: NCES

What Can You Expect From a Data Analytics Graduate Program?

A data analytics master’s degree helps prepare you for an engaging and in-demand career in data analysis, engineering, or management. Some schools offer master’s degrees in the discipline, while others feature MS programs in computer science or MBAs with a concentration in data science. The best choice for you depends on many factors, primarily your career goals.

In a typical master’s in data analytics, courses cover mathematics, statistics, data analysis, programming languages, and machine learning. As a graduate student, you can expect to conduct extensive research, typically concluding the program with a capstone project, professional portfolio, or master’s thesis.

Most degrees require 1-2 years to complete, but some schools provide accelerated options that take less than 12 months.

Admission Requirements for Data Analytics Graduate Programs

You need a bachelor’s degree to apply for graduate school, and some institutions accept senior-year applicants. Not every school requires a computer science-related major, but you should be familiar with the basics of statistics and computer science.

Many graduate programs require a minimum 3.0 GPA in the discipline, overall, or in the last 60 credits. You may also need to provide GRE or GMAT scores, though many programs are now test-optional.

Popular Master’s in Data Analytics Courses

Each data analytics program establishes its own curriculum, and courses may differ significantly among schools. The examples listed below represent some of the most common data analytics courses:

  • Data Analytics in R and Python: A core component of the program, this course emphasizes common statistical techniques used in data analysis. Students explore logistic regression using additional classification techniques, with all analyses conducted in R or Python.
  • Data Manipulation: Students practice loading, manipulating, processing, and grouping real-world data sets using Python.
  • Information Visualization: This course teaches learners to use actionable dashboards in popular visual analytics platforms and present information to technical and non-technical audiences.
  • Data and Database Management with SQL: This course teaches the SQL programming language, along with ways to organize and store data in relational database systems.
  • Foundations of Machine Learning Models: Taught in Python, this class covers the definition of machine learning and its uses. Topics include regression, classification models, and generative AI concepts.

Cost and Payment Options for Data Analytics Master’s Degrees

In the 2022-23 school year, the NCES found that the average graduate tuition and fees were approximately $9,800 for public institutions, $18,200 for private for-profit institutions, and $40,700 for private nonprofit institutions. Like any national average, actual costs vary widely. Some online master’s in data analytics programs cost less than $10,000 for the entire degree, while others can run higher than $65,000.

Many factors affect tuition prices, including the school’s prestige, its public vs. private status, and your state residency. As a student, you may incur costs beyond tuition, such as fees, technology expenses, and additional necessities.

Scholarships, grants, employer reimbursements, and student loans can help cover these expenses. Talk with your college’s admissions advisor, meet with your company’s talent management staff, and fill out a FAFSA form to get your financial aid package started.

How Do You Choose a Data Analytics Master’s Program?

Choosing the right master’s degree in data analytics means looking deeper than a program’s cost, length, and accessibility. Consider the following factors:

  • Competitive Admissions: Research each prospective school’s acceptance rate. How likely are you to be accepted?
  • Location: Local employers may recognize a nearby school’s value, and your fellow alums may have a more robust network in the area.
  • Research Opportunities: Does the school maintain a modern laboratory? If you plan to work in research or academia, these resources can be critical.
  • Final Project: Most master’s degrees conclude with a thesis or an applied research project. Your school’s final project requirements should correspond with your expectations.
  • Career Services: How will your university help you create the tools and presence you need to secure a data analysis job after graduation?
  • Earning Potential: Schools may track graduation rates, graduate employment statistics, and earnings six months after graduation.
  • Accreditation: An institutionally accredited college holds accreditation from an agency recognized by the Council on Higher Education Administration or the Department of Education. Attending an accredited college gives you access to financial aid, transfer opportunities, and marketplace credentials.

More FAQ About Master’s in Data Analytics

What is a master’s in data analytics?

Building on the fundamentals of statistics, data analysis, and computer science, a 1-2 year master’s in data analytics takes students deep into subjects such as multivariate analytics, data science tools, and applied machine learning.

Is earning a master’s in data analytics easy?

Like any complex field, data analytics requires time, commitment, and the ability to master the subject. If you approach data analysis without a robust technical background, including programming and computer languages like Python, you may find the degree especially challenging.

Which master’s degrees are best for data analysts?

The “best” degree aligns with your personal and professional goals. An MS in data analytics focuses on the math and science of information collection and analysis. This degree prepares graduates for technology-focused jobs. An MBA in data analysis focuses on business leadership with a concentration in analytics, which might better suit aspiring business intelligence analysts.

What skills do I need as a data analyst?

You should develop a mix of hard and soft skills to work as a data analyst. For instance, while you should have strong SQL, statistical analysis, and data visualization skills, you also need to be a collaborative worker and critical thinker. The best master’s in data analytics programs prepare you to handle complex data sets and present your findings intuitively.

How do I prepare for a data analytics master’s program?

If your undergraduate major was not in computer science, statistics, or a related area, you may need to complete prerequisites before your graduate program. Try developing your math skills, learning a programming language, reading books on data science, or taking short online courses in data analytics.


All rankings and school descriptions on this page were created and reviewed independently by the TBS Rankings Team.