{"id":46911,"date":"2022-12-01T22:08:29","date_gmt":"2022-12-01T22:08:29","guid":{"rendered":"https:\/\/www.collegeconsensus.com\/?p=46911"},"modified":"2023-09-01T15:15:31","modified_gmt":"2023-09-01T15:15:31","slug":"best-online-business-analytics-mba","status":"publish","type":"post","link":"https:\/\/www.collegeconsensus.com\/business\/best-online-business-analytics-mba\/","title":{"rendered":"Best Online Business Analytics MBA Programs"},"content":{"rendered":"\n

Are you looking to boost your career in business analytics? Are you considering an online business analytics MBA program in your future? Do you have some questions that need answering and don’t know where to start? Let’s start at the beginning…<\/p>\n\n\n\n

What is Analytics?<\/h2>\n\n\n
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Successful business leaders know that data should be the driving force in every decision. Analytics entails gathering and analyzing large sets of numerical information to make improvements based on the findings. Data and business analysts try to find trends and develop plans to help organizations operate more efficiently. They are natural problem solvers who use math, logic, and strategy to arrive at out-of-the-box solutions.<\/p>\n\n\n\n

Business analytics is an up-and-coming field with exponential growth opportunities in several specialty areas, including healthcare analytics and marketing analytics. As technology rapidly evolves, business analytics will become even more critical. E-commerce, social media, and online information storage systems have transformed corporations’ standard operating procedures over the past decade. In the future, we can anticipate blockchain systems and artificial intelligence becoming more common. These new technologies will create new complex problems which require skilled analysts and managers to lead these dynamic 21st-century teams.<\/p>\n\n\n\n

What is the difference between Data Analytics and Business Analytics?<\/h2>\n\n\n\n

Though these two terms may sound similar, there are some major differences. While both involve using data, the main difference is why and how the data is used. Business analysts generalize the data gathered to make changes for an organization to be more effective. They are more likely to work in teams and be involved in pitching ideas to executives. Data analysts are more interested in finding minute details in the actual data. They spend more time doing mathematical equations and creating spreadsheets. These professionals often spend time working alone on their computers.<\/p>\n\n\n\n

What will I learn in a Business Analytics Program?<\/h2>\n\n\n
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Students will become experts in the four main types of analytics:<\/p>\n\n\n\n