If you’re interested in problem-solving by using the data-driven tactic, then you should go for business analytics.
Business analytics is a powerful tool that is used by different businesses in today’s world. The companies generate a vast amount of data and there is a need for professionals that can interpret and analyze the information. Studies showed that about 71% of the global enterprises have foreseen that their investment in analytics will increase. Business analytics uses the data of business and makes informed business decisions.
Why Business Analytics?
The need for business analytics is increasing day-by-day as the companies are gathering and storing all of their data. In case you’re looking for a long career with great job opportunities and a great salary, considering a master’s degree in business analytics is very beneficial in letting companies know that you’re knowledgeable enough for this field and are dedicated enough to prove your efficiencies.
Underlying are the jobs you can have if you’ve master’s degree in Business Analytics
- Analytics Consultant
- Business analyst manager
- Information security analyst
- Business information manager
- Data scientist
- Chief information officer (CIO)
- Chief operating officer (COO)
- Director of supply chain
- financial manager
- Comp & info research scientist
- Operations research analyst
Earnings potential for a career path in business analytics
If you peruse a carrier in the business analytics field then you’re likely to get a handsome amount of salary. The expected salary of a business analyst is $92,409 per annum.
Let’s have an insight into the average salaries that a business analyst has in the underlying cities.
| Cities | Salaries (USD) |
|---|---|
| New York City | $82,415 |
| San Francisco | $108,282 |
| Chicago | $85,374 |
| Boston | $72,923 |
| Los Angeles | $88,163 |
| Austin | $83,549 |
| Amsterdam | $81,730 |
Getting a job in business analysis is very beneficial. You can expect an average salary between $112,032 and $119,572 if you’ve got a master’s degree in business analytics and work as a business analytics manager.
If you’re willing to opt for business analytics as a career then why not study it abroad. Doing business analytics from a high ranked foreign university will make it splendid.
University of Amsterdam
If you’re looking to study in a country that has a well-known standard of education and a relatively low cost of living, Netherlands is the right choice for you that will provide you true value for your money. And the Dutch universities are among the well-known universities worldwide and are competing with the famous universities of the UK and US.
One of the largest and well-reputed universities in the Netherlands is The University of Amsterdam (UvA). In the global ranking it’s top-ranked amongst the world’s best universities that offer an inclusive array of academic programs.
The University of Amsterdam (UvA) global rankings
| Ranking System | Rank |
|---|---|
| US News Best Global Universities | 40th |
| QS World University Rankings | 61st |
| Times Higher Education World University Rankings | 66th |
| Academic Ranking of World Universities | 101-150th |
| Leiden Ranking | 79th |
Business Analytics at the University of Amsterdam
The Bachelor’s program and Master’s program in business analytics are one of the best programs that the University of Amsterdam offers. It has a 3 years Bachelor’s program and 2 years Master’s degree program, that will help you know about everything related to fields of mathematics, statistics, business administration, and artificial intelligence. Moreover, it makes you competent enough to deal with the challenges related to data. It’s one of the best Bachelor’s programs offered in the Netherlands because it provides a blend of knowledge and skillfulness as a whole.
Tuition fee
Tuition fee will first of all depend on your nationality. Fees are a lot higher for non EU/EEA students. Underlying are the tuition fees for studying Business Analytics programs at UvA:
- $2564 per year for EU/EEA students for the bachelors program.
- $11,173 per year for non EU/EEA students for the bachelors program
- For getting yourself enrolled in MBA Business Analytics you need to pay an enrollment fee of $2365.
- Tuition fee for this program is $47,300 which can be paid in 6 installments over a period of 2 years.
Apart from the tuition fee you also need to account for costs of books and other study material.
These costs range from $236 to $946.
Language requirements
If you’re a non-native student then you’ve to fulfill the following requirements.
- Minimum TOEFL score: 100
- Minimum IELTS score: 7.0
You don’t need to fulfill the above requirements if you have at least 2 years of experience in English speaking work setting or have taken English-taught Bachelor’s or Master’s degree. And in case you’ve Dutch VWO high school diploma you’re also exempted from underlying requirements.
Student accommodation
Looking towards studying at the University of Amsterdam? You should have insight into the accommodation and its cost in Amsterdam. The rent of a room varies from $354 to $1005 per month, depending on the type of room. Along with paying rent, you’ve to spend money on paying administrative fees, a refundable deposit, and local taxes.
Housing fee in the University of Amsterdam
| Student type | UvA housing fee* |
|---|---|
| Exchange students (1 semester) | $236 |
| Bachelor students (2 semesters) | $467 |
| Master students (2 semesters) | $467 |
| Exchange students (2 semesters) | $467 |
Finding student housing is difficult in Amsterdam and UvA offers few rooms for the international students that are roughly half of their strength. You’ll be entertained on a “first-come, first-serve basis.”
At UvA you’ll get three types of rooms.
- Shared bedroom with shared facilities
- Private bedroom with shared facilities
- Private bedroom with private facilities
You can apply for the room as per your choice and budget.
Scholarship programs
The University of Amsterdam provides following scholarships.
- Orange knowledge program
Scholarships are available for short courses (duration 2 weeks to 12 months) and master’s programs (duration 12 to 24 months).
- AmsterdamExcellence Scholarships (AES)
The Amsterdam Excellence Scholarships (AES) is awarded to extraordinarily talented students that are not a part of the EU to attend Master’s programs offered by the University of Amsterdam. This scholarship covers tuition and living expenses worth USD $29,560.
In case you need further assistance in this regard, Edvise Hub has you covered. Feel free to contact Edvise Hub, and they will assist you in pursuing your dream of getting admission to The University of Amsterdam.
