M.S. in Business Analytics
32
Credit Hours
12
Month Completion
Class Type
Face-to-face, Online coursework
Next Start Date
Jan 6, 2025
Placement Tests
GMAT/GRE not required for admission
Embedded Credentials
Data Analytics Graduate Certificate

Transform data into insight that drives action with a master’s in business analytics

Organizations rely on insights that are backed by data to operate efficiently and effectively. Business analytics professionals analyze small and big data in order to generate the insights needed to help stakeholders make better decisions and enable organizations to function more strategically. Franklin’s M.S. in Business Analytics equips you with the tools, techniques and strategies that will enable you to drive the transformation of mind-boggling amounts of data information into a meaningful basis for decision making and strategic direction. At Franklin, you’ll gain the statistical and analytical skills to excel in a variety of industries including – finance, manufacturing, marketing, insurance and information technology.

Finish in 12 Months

Earn your degree and prepare for advancement faster.

100% Online Coursework

Balance earning your degree with other work-life commitments.

Hands-On Learning

Use industry-leading tools to build your skills in the fast-growing field of business analytics. 

No GRE/GMAT Required

Bypass expensive, time consuming tests and get started sooner.

Learn from the Best

Benefit from the experience of your instructors – seasoned, in-field practitioners.

M.S. in Business Analytics Program Overview

Develop an analytic mindset and drive value with a multidisciplinary approach to data analysis

Whether you are looking for a career change or advancement, the innovative M.S. in Business Analytics is a great way to boost your professional relevance. By applying analytics models to real-world scenarios, you’ll be able to help organizations do more with less. You can expect this talent to improve your marketability, as demand for analytics professionals is projected to grow 7% through 2031.*

Throughout the 12-month M.S. in Business Analytics program, you’ll build a strong foundation with courses in database management, data analytics, data visualization and presentation, data mining, and big data analytics. You’ll learn from credentialed experts within each discipline and gain in-depth understanding of relevant concepts, theories and techniques that can be applied to any industry. 

Gain hands-on experience with industry-leading, state-of-the-art tools, techniques and strategies 

At Franklin, we set you up for long-term career success by integrating industry-standard tools within the curriculum. Using SQL, a powerful tool for communicating with database, you will read, manipulate, and analyze the business data productively. With Tableau, an interactive data visualization tool, you’ll perfect best-practices to present and communicate analytics in ways that are visually appealing and applicable to business scenarios. Utilizing the analytics libraries in R and Python, fast-growing analytics tools in the modern industry, you will explore data and mine the insights inside efficiently. As a result of your exposure to SQL, Tableau, R, and Python, you’ll build the proficiency to successfully pursue positions specific to these tools, as well as industry certifications to further differentiate yourself.

Use real-world scenarios to see how data strategically impacts business decisions 

Computational and statistical techniques, including knowledge of business, are needed to function at a high level in today’s technology-driven work environments. As a master’s student in business analytics, you’ll take courses in marketing management, financial decision modeling and business analytics strategy that help you understand the role of big data in planning and operations. You’ll analyze market data to guide management decisions and use marketing analytics to create and model scenarios in order to measure return on investment and campaign effectiveness. Using financial management theories, strategies and practice, you’ll discover the impact of financial decisions through the analysis of financial statements, cash budgeting, cost of capital determination, capital budgeting and capital structure choices. 

In the business analytics strategy course, you use what you learned in the marketing and finance courses as a starting point to develop an analytics strategy for a business of your choice. Throughout the course case studies and problem-based learning approaches will illustrate options for you to consider as you shape your ultimate strategy.  

Transfer up to 12 credits and finish your master’s faster

If you have already taken graduate-level courses, you may be able to transfer credit and save time and money toward your master’s degree. Franklin offers course-for-course credit for every class within the M.S. Data Analytics – except the capstone (BUSA 695). To see if your previous coursework can be used to satisfy degree requirements, you’ll need to submit a syllabus for the course(s) you’d like to have evaluated for transfer credit. Your admissions advisor will be happy to assist you in any way.  

*Source information provided by Economic Modeling Specialists International (EMSI)

Read more >

Afeoluwa A.

M.S. Business Analytics '22

"Franklin made it possible to juggle my educational pursuit with a full-time civilian job, everyday life and commitments, and military service. I cherish the University's outstanding dedication to making the ride smooth for service members."

Future Start Dates

Start dates for individual programs may vary and are subject to change. Please request free information & speak with an admission advisor for the latest program start dates.

Spring 2025
February
17
Recommended Register By:
Feb 7
Summer 2025
May
19
Recommended Register By:
May 9
Fall 2025
September
29
Recommended Register By:
Sep 19
Spring 2026
February
16
Recommended Register By:
Feb 6
Summer 2026
May
18
Recommended Register By:
May 8
Fall 2026
September
28
Recommended Register By:
Sep 18

Your Best Value M.S. Business Analytics

Choose Franklin's M.S. in Business Analytics and get a high-quality degree that fits your life and your budget.  

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$21,440
Total Tuition
(After Partner Discount)


 

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12
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Highly Recommended

98%
STUDENT SATISFACTION

98% of graduating students would recommend Franklin to their family, friends and/or colleagues.

Source: Franklin University, Office of Career Development Student Satisfaction Survey (Summer 2023)

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Master's in Business Analytics & Curriculum

32 Semester Hours
Major Area Required
MATH 601 - Introduction to Analytics (4)

This course provides an introductory overview of methods, concepts, and current practices in the growing field of statistics and data analytics. Topics to be covered include data collection, data analysis and visualization as well as probability, statistical inference and regression methods for informed decision-making. Students will explore these topics with current statistical software. Some emphasis will also be given to ethical principles of data analytics.

DATA 605 - Data Visualization & Reporting (4)

This course focuses on collecting, preparing, and analyzing data to create visualizations, dashboards, and stories that can be used to communicate critical business insights. Students will learn how to structure and streamline data analysis projects and highlight their implications efficiently using the most popular visualization tools used by businesses today.

DATA 610 - Big Data Analytics and Data Mining (4)

This course explores data mining methods and tools, examines the issues in the analytical analysis of massive datasets, and unstructured data. Students will learn the concepts and techniques to discover the patterns in large datasets, which support organizational decision making.

BUSA 603 - Marketing Management & Analytics (4)

This course covers the application of analytics tools, techniques, strategies and methods to marketing management. Students learn to analyze market data, enabling management decisions to be based on data-driven facts and customer insights. Using marketing analytics tools to model scenarios, students learn how organizations can measure returns on investment relative to their marketing efforts, drive performance and strengthen the effectiveness of its campaigns.

BUSA 604 - Financial Decision Modeling (4)

This course is built on the theory, strategy and practice of financial management, emphasizing computer-based modeling and forecasting. Students learn to model financial scenarios using analytics tools. The impact of financial decisions relative to financial statements analysis, cash budgeting, cost of capital determination, capital budgeting, and capital structure choices are covered. A variety of techniques, such as sensitivity and scenario analysis, optimization methods, Monte Carlo simulation, and regression analysis are also covered.

BUSA 605 - Business Analytics Strategy (4)

This course taken prior to the Capstone in Business Analytics course allows students to apply the knowledge gained from the previous courses in the development of an analytics strategy for a business of choice. Given a range of options, students will research and choose the best analytics strategy under given scenarios. The course uses case studies, employing a problem and project-based approach to the development of a strategy.

BUSA 695 - Capstone in Business Analytics (4)

Students demonstrate an integrative knowledge of analytics in this course by developing a project plan to implement analytics for an important function, unit or department of the organization chosen in the Business Analytics strategy course. Students apply analytics tools, techniques, methods and strategies to drive business outcomes for the chosen company using relevant project-based methodologies. The course allows students to develop a professional portfolio that will highlight the work completed throughout the degree program. This may serve as a relevant employability resource.

DATA 630 - Applied Database Management (4)

This course teaches data management from an applied perspective. The topics include fundamentals of database management systems, structured query language (SQL) for data analytics, relational database design, and data warehousing.

Embedded Credentials Recognize Achievement in Real-Time

Embedded credentials provide a quick ROI on the time and tuition you’re investing in your master’s degree. 

Embedded certificate marks midpoint to degree completion

Your time and tuition dollars pay off fast with a Graduate Certificate in Data Analytics awarded after the completion of your first four master’s courses.

Microcredentials Align with Job Essentials

In today's dynamic work environments, adaptive professionals thrive. A microcredential - either as a stand-alone course or integrated into your degree program - is a short, skill-specific recognition that enables you to demonstrate your competency in a distinct area. Like Franklin's degree programs, microcredentials are aligned with market and industry demand to ensure what you learn can be put to use right away. Microcredentials are easily shared via digital badges and can be stacked to create a unique portfolio of in-demand skills.

M.S. in Business Analytics Program Details

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Employment Outlook

16%

From 2023-2033, jobs in Data & Analytics are expected to increase by 16%

Occupation Median Salary (2023) Job Postings (2023) Projected Growth (2023-2033)
Occupation
Management Analysts $99,424 157,111 15%
Management Analysts
Median Salary: $99,424
Job Postings: 157,111
Projected Growth: 15%
Occupation
Job Titles
Skills
Industry
Description

Management Analysts conduct organizational studies and evaluations, design systems and procedures, conduct work simplification and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively. Includes program analysts and management consultants.

Projected Growth
Job TitleJob Postings% of Job Postings
Business Analysts82,04352%
IT Business Analysts10,1296%
Program Analysts9,4876%
Business Data Analysts6,1864%
Business Process Analysts5,2363%
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SkillJob Postings% of Total Postings
Project Management61,84029%
Business Process46,16222%
Data Analysis45,85022%
Business Requirements37,22318%
SQL (Programming Language)34,89417%
Show More
 
Industry% of Occupation in Industry
Management, Scientific, and Technical Consulting Services26%
Federal Government, Civilian9%
Computer Systems Design and Related Services7%
State Government, Excluding Education and Hospitals5%
Management of Companies and Enterprises5%
Insurance Carriers5%
Other42%
Financial and Investment Analysts $99,008 179,492 12%
Financial and Investment Analysts
Median Salary: $99,008
Job Postings: 179,492
Projected Growth: 12%
Occupation
Job Titles
Skills
Industry
Description

Financial and Investment Analysts conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

Projected Growth
Job TitleJob Postings% of Job Postings
Financial Analysts96,06854%
Pricing Analysts10,6756%
Financial Planning and Analysis Analysts11,1766%
Finance Analysts9,2625%
Treasury Analysts6,5894%
Show More
SkillJob Postings% of Total Postings
Finance115,92660%
Accounting104,38554%
Financial Analysis85,69145%
Financial Statements49,94426%
Auditing32,33117%
Show More
 
Industry% of Occupation in Industry
Other Financial Investment Activities14%
Management of Companies and Enterprises12%
Securities and Commodity Contracts Intermediation and Brokerage12%
Depository Credit Intermediation8%
Insurance Carriers5%
Management, Scientific, and Technical Consulting Services5%
Other44%
Budget Analysts $84,947 18,474 8%
Budget Analysts
Median Salary: $84,947
Job Postings: 18,474
Projected Growth: 8%
Occupation
Job Titles
Skills
Industry
Description

Budget Analysts examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

Projected Growth
Job TitleJob Postings% of Job Postings
Budget Analysts13,27872%
Budget Specialists9495%
Budget Managers5743%
Budget Management Analysts3972%
Budget Coordinators4502%
Show More
SkillJob Postings% of Total Postings
Budget Analysis6,77864%
Accounting6,20559%
Finance5,42251%
Financial Statements2,80927%
Financial Management2,71026%
Show More
 
Industry% of Occupation in Industry
Federal Government, Civilian28%
State Government, Excluding Education and Hospitals13%
Local Government, Excluding Education and Hospitals11%
Education and Hospitals (State Government)8%
Management of Companies and Enterprises6%
Education and Hospitals (Local Government)4%
Other31%
Operations Research Analysts $83,637 36,955 23%
Operations Research Analysts
Median Salary: $83,637
Job Postings: 36,955
Projected Growth: 23%
Occupation
Job Titles
Skills
Industry
Description

Operations Research Analysts formulate and apply mathematical modeling and other optimizing methods to develop and interpret information that assists management with decisionmaking, policy formulation, or other managerial functions. May collect and analyze data and develop decision support software, services, or products. May develop and supply optimal time, cost, or logistics networks for program evaluation, review, or implementation.

Projected Growth
Job TitleJob Postings% of Job Postings
Operations Analysts8,55223%
Sales Operations Analysts4,43212%
Operations Research Analysts2,9248%
Continuous Improvement Managers2,3957%
Process Improvement Managers1,3414%
Show More
SkillJob Postings% of Total Postings
Project Management12,02821%
Process Improvement11,85521%
Data Analysis9,82717%
Finance8,83815%
Continuous Improvement Process7,33913%
Show More
 
Industry% of Occupation in Industry
State Government, Excluding Education and Hospitals13%
Management of Companies and Enterprises10%
Depository Credit Intermediation8%
Federal Government, Civilian6%
Management, Scientific, and Technical Consulting Services6%
Computer Systems Design and Related Services6%
Other51%
Market Research Analysts and Marketing Specialists $74,672 164,433 19%
Market Research Analysts and Marketing Specialists
Median Salary: $74,672
Job Postings: 164,433
Projected Growth: 19%
Occupation
Job Titles
Skills
Industry
Description

Market Research Analysts and Marketing Specialists research conditions in local, regional, national, or online markets. Gather information to determine potential sales of a product or service, or plan a marketing or advertising campaign. May gather information on competitors, prices, sales, and methods of marketing and distribution. May employ search marketing tactics, analyze web metrics, and develop recommendations to increase search engine ranking and visibility to target markets.

Projected Growth
Job TitleJob Postings% of Job Postings
Business Development Representatives42,30726%
Marketing Specialists19,39012%
Marketing Assistants16,16010%
Business Development Specialists12,0417%
Digital Marketing Specialists10,0766%
Show More
SkillJob Postings% of Total Postings
Marketing142,77463%
Social Media44,94120%
Project Management41,00818%
Business Development40,39218%
Digital Marketing36,29116%
Show More
 
Industry% of Occupation in Industry
Management, Scientific, and Technical Consulting Services11%
Management of Companies and Enterprises7%
Computer Systems Design and Related Services6%
Advertising, Public Relations, and Related Services5%
Software Publishers3%
Agencies, Brokerages, and Other Insurance Related Activities3%
Other66%

Source: Employment Outlook data is provided by Lightcast. Franklin University cannot guarantee employment placement, salary level, or career advancement.

Business Analytics Knowledge and Skillsets

Gain in-demand skills sought by employers with curriculum that teaches you:

M.S. in Business Analytics or MBA with a Business Analytics Specialization?

Find the Master's Program That Fits Your Goals

If you’re interested advancing your business career, Franklin has several great options. The best fit for you depends on your interests and goals. Compare programs and identify your perfect match.

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M.S in Business Analytics
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MBA Business Analytics Specialization

Focus: 
Build on your knowledge of statistics to master data science tools and methods for practical application.
 
Skills:
Gain statistical and analytical skills to excel in a variety of industries.
 
Careers: 
Use your M.S. in Business Analytics in specialized roles responsible for using data to solve problems.
 
How many courses are in the program?
Eight (Four 12-week courses + Four 6-week courses)
 
How quickly can I complete the program?
12 months

Learn More >

Focus: 
Expand your expertise in business to include management and leadership, while gaining familiarity with data analysis.
 
Skills:
Build management and leadership skills along with broad application of analytics principles.
 
Careers: 
Use your MBA-Business Analytics to make data-informed decisions that improve business results.
 
How many courses are in the program?
Nine (Six 6-week courses and three 12-week courses)
 
How quickly can I complete the program?
12 months

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