Online Data Analytics Degrees

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WHAT IS AN ONLINE DATA ANALYTICS DEGREE?

Online data analytics degree programs discuss the ways we collect, store, interpret and use data. They aim to build a strong knowledge in business and integrate how data informs business practice. Course plans often ready students to make forecasts, find trends, and detect patterns. They also aim to develop students who are problem solvers and critical thinkers.

With the boom of the internet, more data is being gathered than ever before. Tech innovations are changing how we conduct business. As such, more businesses see the fruits of using data driven strategies to make decisions. Marketers use analytics to decide the success or failure of a campaign. In finance, portfolio and risk analysis are common uses of analytics.

With a data analytics degree, you could make an impact on the way an company operates and profits. You can apply your skills in many areas such as finance, sports, health and more. In fact, the need for data experts is growing much faster than most jobs. With a forecast of a 26% increase in jobs through 2028, now is a perfect time to pursue a data science online degree.

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TYPES OF ONLINE DATA ANALYTICS DEGREE PROGRAMS

Bachelor of Science in Business Admin – Data Analytics

Master of Business Analytics

PhD in Data Science

This goal of this program is to help you become familiar with data analytics. Then, you will communicate your data findings with your client or company.Gain the skills that are needed to make sense of company owned data. Use these skills to guide decisions.

Learn how to present complex data.

Learn how to organize, research and use data to solve real world problems such as finding cyber threats.

Gain skills in data visualization and reporting along with being able to manage data.

Course Examples:

  • Data Mining
  • Advanced Business Analytics
  • Business Stats
Course Examples:

  • Big Data
  • Digital Marketing Analytics
  • Decision Models
Course Examples:

  • Big Data Integration
  • Research Design
  • Machine Learning

ONLINE DATA ANALYTICS DEGREE PROGRAMS

Many online data science degree programs have technology and computer based courses. In these courses, students explore ways to mine, analyze and interpret data. They may also take courses in systems design. These discuss how to best format the data and then maintain it in a database.

Most data science programs also cover basic or advanced methods in statistical analysis. Such tools may be useful in any subject. Students may learn how to perform simulations and predictive modeling in many cases.

Yet other programs (e.g. MBA in Data Analytics) offer data analytics courses within a business context. These programs help students develop leadership skills. In these programs you’ll find core topics that center around marketing and finance.

What is applied business analytics? Students who what to study this might be more interested in a business intelligence degree program. In this type of program, you would focus on key data sets to learn how to answer certain business questions. You may gain a deeper grasp of what is needed for a business model. Thus, besides learning the best ways on how to collect data, you may also learn how to tell a story with data. This type of skill may be of value in today’s data driven business world.

Are you keen to put your data skills to use in a specific field? You may want to look at programs that show you how to use tools in that area. Below are a few such areas of focus and what studying them might add to a program.

Some programs ask students to complete a capstone or thesis. From others, expect lots of research.

EXAMPLES OF NICHE ONLINE DATA ANALYTICS DEGREES

Bachelor of Science in Analytics

This online degree combines parts of business, information technology (IT) and math using data mining, simulation and optimization. You will use tools like SQL that focus on scripting, data manipulation and statistical analysis. You will develop the soft skills needed to be a decision maker. And, you will gain skills such as being able to communicate, being able to tell a story with your data and problem solving.

MS in Health Analytics

This type of program combines the knowledge of the vast and complex health sector with the skills of data science.

Masters in Sports Analytics and Management

Managers in the sports field often need to understand analytics and new technologies. Some programs may focus on how to use new media channels such as social media to grow outreach. While others may focus on being able to assess a player or team performance. Students may come away with a sense of how to use data in operational decisions.

MS in Data Science – Computational Biology

This type of program views data analytics through the lens of biology. Students may use data science skills to track the spread of disease.

WHAT DO DATA SCIENCE DEGREE COURSES LOOK LIKE?

As you can see, there are many kinds of online data science degree programs. This means your classes will depend as much on your program’s level (Bachelor, Master, MBA, PhD) as it will on your program’s focus.

We’ll take a look at a few courses below that break down some of the complex terms. See which types of courses appeal to your goals and interests.

Some common courses include:

Business Intelligence: These courses may help you analyze business performance data. Students may learn to use findings to support business planning and decision making.

Visualizing Data: This type of course explores methods that explain data stories to clients and stake holders. It may include learning Excel, Power Point and other software.

Data Science: A course in data science deals with questions like what is data? It often includes topics like statistics and probability. It may also explore modern issues like data privacy.

Data Mining: In this type of course often explores the ethical use of data. It may also have a practical side where students learn to apply the data analysis process to collected data sets.

HOW LONG DOES IT TAKE TO EARN AN ONLINE DEGREE IN DATA ANALYTICS?

The time it takes to earn an online degree in data science depends on many things like program level, format, number of transfer credits, and course load. It can also depend on how much time your schedule allows you to dedicate to your schooling.

For full time students, Associate’s degree programs call for 60 to 65 credits of course work. They can usually be earned in under three years.

To earn a bachelor degree it typically takes 4 years. On average, schools will require 120 to 125 credits. If you finish a two year degree before you enroll in a bachelor’s program, you can transfer your credit hours and complete your bachelor’s program in less time.

If you want to earn your Master’s degree, you will need to earn about 30 credits hours after completing your bachelor’s degree. Earning an online Master’s degree may take around two years of study. And earning a PhD degree can take from four to six years.

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ONLINE DATA SCIENCE DEGREE EXAMPLES

Below are several schools and the number of credits you will need to earn a degree in data analytics.

SchoolDegree Level# of Credits RequiredStart DatesMinimum Months to Complete
UticaMaster30Multiple20
Northcentral UniversityMaster30Weekly23
Lewis UniversityMaster30Not Specified18

HOW MUCH WILL AN ONLINE DATA ANALYTICS DEGREE COST?

According to recent data, the 2017 average cost of an in state 4 year public college was $5,344. Costs for a private 4 year school are much higher, around $36,450. Tuition does go up, and sometimes even down. Make sure to check the most recent costs with each school.

SchoolDegree LevelUS News RankingCost Per CreditTotal Degree Cost
Purdue Global UniversityBachelor (180 credits)Not Ranked$371$66,780
SNHU (Southern New Hampshire)Bachelor (120 credits)North 92$320$38,400
GranthamMaster (36 credits)Not Ranked$350$12,600
Colorado State University Global CampusMasterNational 166$500$18,000
American Public UMaster (42 credits)Not Ranked$1,194$14,700

TOP SCHOOLS FOR ONLINE DATA ANALYSIS DEGREE PROGRAMS

Recent data tells us that 162 degrees were awarded for Data Processing in 2017. Most of these degrees were masters degrees.

School2017 Degrees Awarded2019/20 Tuition (out of state unless *)
Central Georgia Technical College196$5,442
Rio Salado College160$7,854
Georgia Northwestern Technical College121$5,462
New Mexico State University-Dona Ana102$5,664
Trident Technical College100$8,690
South Georgia Technical College89$6,662
American Public University System65$7,324*

NEXT STEPS AFTER EARNING A DATA SCIENCE DEGREE PROGRAM ONLINE

Data analytics certifications are voluntary certs often show peers and employers that you have expertise. They may also serve to:

  • Help you master specific in demand skills
  • Build credibility
  • Keep you current with trends
  • Refresh a resume so that it can stand out

It may be something to think about, so we’ve outlined a few certifications. These certs are earned through the AICPA. Successful students receive a digital badge to share with their online professional network.

  • Data Analysis Basics Certificate
  • Application of Data Analysis Essentials Certificate
  • Data Analytics Modeling Certificate
  • Forecasting and Predictive Analytics Certificate
  • Visualization Certificate

CAREER OPPORTUNITIES FOR DATA ANALYTICS DEGREE GRADS

Today, there are 2 million data processing grads in the work force. Any one of these people may need to use data analysis on a daily basis. With an average age of 40.7. Over half (63.1%) are female.

TOP SALARIES BY STATE FOR DATA ANALYSIS DEGREE HOLDERS

According to the BLS, these are the states with the highest mean wage for Operations Research Analysts. Virginia is the only state that is in the top 5 for both highest wage and employment level.

StateEmploymentAnnual Mean Wage
District of Columbia910$115,000
Virginia7,930$106,490
New York5,710$106,260
Alabama720$97,080
New Jersey1,640$95,200

CAREERS IN DATA ANALYTICS

There are many ways to meld personal interests in math and business with data analytics skills. Below is a brief list of some popular career paths along with recent salary (2017) and employment outlook (through 2026). What would you like to do with a degree in data analytics?

Actuary

Actuaries use math and data along with finance theory to analyze data. They determine what paths have the most risk and uncertainty. And, what those paths may cost a company.

Median Salary: $88,270

Job Growth Through 2028: 9% (As fast as avg.)

Typical Entry level Education: Bachelor’s degree with math and analytics

Operations Research Analysts

Operations research analysts identify and solve problems through statistical analysis. You’ll find them at work using simulations, predictive modeling, or other methods. They gather data from many databases in search of things like sales history and customer feedback. Then advise on a proper course of action.

Median Salary: $81,390

Job Growth Through 2028: 27% (Much faster than avg.)

Typical Entry level Education: Bachelor’s degree, some companies may want a Masters

Market Research Analysts

Market research analysts track and forecast marketing and sales trends. They watch what is going on in the market. And, gather data on consumers and competitors. As a result, they can often predict what products people want, who will buy them, and at what price.

Median Salary: $63,230

Job Growth Through 2028: 23% (Much faster than avg.)

Typical Entry level Education: Bachelor’s degree, some companies may want a Masters

© Education Connection 2019. All Rights Reserved.

EducationDynamics maintains business relationships with the schools it features.

Sources for school statistics is the U.S. Department of Education’s National Center for Education Statistics.

This is an offer for educational opportunities that may lead to employment and not an offer for nor a guarantee of employment. Students should consult with a representative from the school they select to learn more about career opportunities in that field. Program outcomes vary according to each institution’s specific program curriculum.