Rochester Institute of Technology (RIT)
Master of Science in Business Analytics and AI
Rochester Institute of Technology, USA
MSc
DURATION
1 year
LANGUAGES
English
PACE
Full time, Part time
APPLICATION DEADLINE
EARLIEST START DATE
TUITION FEES
STUDY FORMAT
On-Campus
Key Summary
About: The MS in Business Analytics at Rochester Institute of Technology trains you to turn big data into insight. You'll study management information systems (MIS), marketing, accounting, finance, management and engineering, with analytics, data science and business intelligence to boost sales, reach customers, develop products and improve customer experience. RIT's inclusive community and cooperative education support hands-on learning for deaf and hard-of-hearing students.
Career Outcomes: Developed with Intuit, Excellus, PriceWaterhouse, the program prepares you for marketing research, digital analytics, financial and risk analytics, supply chain analytics and consulting across global industries including commercial banking, internet/software, investment banking and management consulting.
Today's businesses collect an incredible amount of data from nearly every customer touchpoint, from point-of-sale transactions, customer service interactions, social media feedback, search engine entries, market research activities, sales data, demographic information, and more. As of now, only a tiny portion of this data is analyzed. By getting a business analytics master’s degree, you will become skilled in using big data to create powerful solutions to help companies increase sales, reach new customers, develop new products, enhance customer experiences, and more. You will acquire broad and in-depth training in multiple disciplines related to business analytics, including management information systems (MIS), marketing, accounting, finance, management, and engineering. The program prepares you to enter one of today’s top business careers.
Business analytics, MS degree, typical course sequence
First Year
- MGIS-650 Introduction to Statistical Analysis and Data Analytics
- BANA-680 Data Management for Business Analytics
- FINC-780 Financial Analytics
- BANA-780 Advanced Business Analytics
- MKTG-768 Marketing Analytics
- BANA-785 Business Analytics Experience (Capstone)*
- Analytics Electives*
- Free Elective*
* The Business Analytics Experience (BANA-785), one analytics elective, and one free elective are completed during the summer.
International Students: F-1 OPT STEM 17-Month Work Extension
International students receiving the MS in business analytics degree qualify to apply for a 17-month work extension to their OPT (Optional Practical Training) period. This extension means that students could be eligible for up to two and a half years of work in the United States.
The extension is exclusive to qualifying STEM (science, technology, engineering, or math) focused programs. The MS in business analytics program qualifies for an F-1 OPT STEM Extension, under the CIP Code 27.0103-Analysis and Functional Analysis in the 2012 STEM-Designated Degree Program List published by the U.S. Immigration and Customs Enforcement (ICE) office. For more information, please visit the U.S. Citizenship and Immigration Services (USCIS) webpages: Understanding F-1 OPT Requirements and Questions and Answers: Extension of Optional Practical Training Program for Qualified Students.
RIT awards more than $37 million in merit scholarships and assistantships to graduate students each year. Scholarship awards range from 5% of tuition all the way up to full tuition. Awards are based on an applicant's academic excellence. Many things are considered when awarding scholarships - undergraduate grades, graduate placement test scores, and your research and work experience all factor in.
Graduate assistantships are offered to full-time matriculated graduate students to serve as teaching, research, or administrative assistants. Graduate Assistants receive wages (determined by the department making the appointment) in exchange for work performed. Many graduate assistants also receive tuition remission (i.e., tuition support) in addition to receiving wages for assistantship duties.
Graduate students can be awarded both scholarships and assistantships. These funding opportunities are the same for both US and international applicants.
RIT awards more than $30 million in merit scholarships and assistantships to graduate students each year. Scholarship awards range from 10% - 40% of tuition. Our median scholarship amount is around 30% of tuition or $13,000. Awards are based on an applicant's academic excellence. Many things are considered when awarding scholarships - undergraduate grades, graduate placement test scores, and your research and work experience all factor in.
Graduate assistantships are offered to full-time matriculated graduate students to serve as teaching, research, or administrative assistants. Graduate Assistants receive wages (determined by the department making the appointment) in exchange for work performed. Many graduate assistants also receive tuition remission (i.e., tuition support) in addition to receiving wages for assistantship duties.
Graduate students can be awarded both scholarships and assistantships. These funding opportunities are the same for both US and international applicants.
Optional Co-Op
Cooperative education is paid work assignments with corporations and organizations around the U.S. and abroad. Co-op allows students to spend one or more semesters employed in a full-time, paid position related to their academic program before they graduate. Many students use co-op earnings to help finance their education.
Work-Study
Graduate students studying full-time may apply to work part-time on campus. RIT has more than 9,000 jobs available yearly, and students typically work 10 – 20 hours per week. International students studying on an F-1 or J-1 visa may work up to 20 hours per week on campus and 40 hours during break periods.
The business analytics program is career-focused. It was developed in conjunction with top employers, such as Intuit, Excellus, and PriceWaterhouse, with a curriculum designed to help students understand and connect contemporary analytics technologies with today's business practices. Students are prepared for positions in such areas as marketing research, analytics, and consulting; digital analytics; web intelligence and analytics; accounting and financial analytics and risk management; supply chain analytics; customer analytics; and consulting.
Industries
- Commercial Banking and Credit
- Internet and Software
- Investment Banking
- Management Consulting
Most of our programs offer "rolling" application review - there is no specific deadline for applications; applications will be accepted and reviewed throughout the year.