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 foundation 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 determine 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 the way an company operates and profits. You can apply your skills in many industries 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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Bachelor Degree

Bachelor of Science in Business Admin – Data Analytics


This goal of this program is to help you become familiar with data analytics. Then, you will communicate data findings within your company.


Course Examples

  • Data Mining
  • Advanced Business Analytics
  • Business Stats

Master Degree

Master of Business Analytics


Gain advanced analytical skills to make sense of company owned data. Use these skills to guide decisions.

Learn how to present complex data effectively.


Course Examples

  • Big Data
  • Digital Marketing Analytics
  • Decision Models

Doctoral Degree

PhD in Data Science


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 the strategic management of data.


Course Examples

  • Big data integration
  • Quantitative research design
  • Machine Learning

Online Data Analytics Degree Programs

Many online data analytics degree programs have technology and computer focused 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 structure the data and then maintain it in databases.

Most data science programs also cover general 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 scenarios.

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, finance, economics and management.

What is applied business analytics? Students who what to study applied business analytics might be more interested in a Business intelligence degree programs. In this type of program, you would focus on specific data sets to learn how to answer specific business questions. You may gain a deeper grasp of what is relevant to the business model. Thus, besides collection methods, you may learn how to tell a story with data. This type of skill may be of value in today’s data driven business environments.

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

Some programs ask students to complete a capstone, thesis, or in the case of a Doctor of Business Administration, expect lots of research.

EXAMPLES OF NICHE ONLINE DATA ANALYTICS DEGREES

Bachelor of Science in Analytics – This online degree combines facets of business, information technology and math using data mining, simulation and optimization. You’ll use tools like SQL that focus on scripting, data manipulation, visualization and statistical analysis. You will also develop the soft skills needed to be a decision maker. Skills such as communication, story telling and problem solving.

MS in Health Analytics – This type of program combines the domain knowledge of the vast and complex health sector with the skills of data science.

Masters in Sports Analytics and Management – Managers in the sorts industry 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 evaluate player and team performance. Students may come away with a sense of how to leverage data in operational decisions.

MS in Data Science – Computational Biology and Bioinformatics – This type of program views data analytics through the lens of biology. Students may use data science skills to design custom pharmaceuticals or track the spread of disease.

What Data Science Online Courses Will I Take?

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

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

Business Intelligence: This type of course may help you analyze business performance data. Students may learn to use findings to support business planning and decision making.

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

Data Science: This type of course addresses questions like what is data? It often includes topics like statistics and probability. It may also explore modern issues like data privacy.

Data Mining: 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 analytics depends on things like program level, format, number of transfer credits, and course load. To earn a bachelor degree it typically takes 4 years. You can use the guide below but do some research to find individual school averages.

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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 CreditsStart DatesMin Months
UticaMaster30Multiple20
Northcentral UniversityMaster30Weekly23
Lewis UniversityMaster33Not Specified18

How Much Does an Online Data Analytics Degree Cost?

According to NCES, the 2016 average cost of an in state 4 year public college was $8,804. Costs for a private 4 year school are much higher, averaging $29,476. Reported costs for a business statistics major are slightly higher. $8,906 and $44,184 respectively. Tuition does go up, and sometimes even down. Make sure to check the most recent costs with each college or university.

Schooldegree levelUS News RankingCost Per CreditTotal degree Cost
Purdue Global UniversityBachelor – 180 creditsNot Ranked$371$66,780
SNHU (Southern New Hampshire)Bachelor – 120 creditsNorth 92$320$38,400
GranthamMaster – 36 creditsNot Ranked$350$12,600
Colorado State University Global CampusMasterNational 166$500$18,000
American Public UMaster – 42 creditsNot Ranked$1,194$14,700

Top Schools

NCES also tells us that, 963 degrees were award for Business Statistics in the 2015 school year. Most of these degrees were masters degrees. Some colleges offering Business Statistics Degrees include:

School2016 Degrees AwardedGrad Rate
Bentley University11589%
The University of Tennessee10773%
Stevens Institute of Technology9887%
University of Maryland Global Campus5815%
University of Denver5277%
University of Southern California4992%
CUNY Bernard M Baruch College4969%

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
  • Data Visualization Certificate

Career Opportunities for Data Analytics Degree Grads

Today, there are 10 million business graduates in the workforce. Any one of these people may need to use data analysis on a daily basis. With an average age of 43.7, over half, 60%, are male.

Top States To Work In

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
DC910$115,000
VA7,930$106,490
NY5,710$106,260
AL720$97,080
NJ1,640$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: 9% (As fast as avg.)
Entry Level Degree: 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: 27% (Much faster than avg.)
Entry Level Degree: 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: 23% (Much faster than avg.)
Entry Level Degree: 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.