Online Master of Analytics & Data Science Programs
We’ve just completed an update of the online Master of Analytics and Data Science programs that are actively advertising on the web. We found 59 total online master’s programs in this category: 42 are Master of Analytics (usually offered through Business Schools), and 17 are Master of Data Science (offered through Information Technology Schools). Six are low-residency or hybrid programs; the remainder are fully online.
Strong Job Prospects
Both degree types offer prospective students highly valued workplace skills as Big Data experts in business, information technology / security, government, and health industries. The Bureau of Labor Statistics indicates that Management Analyst positions, which usually require a master’s degree, are projected to grow 14% over the next ten years. Statistician positions, which also require a master’s degree, are projected to grow 34% over the next ten years!
Most online Master of Analytics & Data Science programs do not offer concentration options. But among those that do, the most common include: Business Analytics, Marketing Analytics, and Cyber Security. Unique concentrations include: Financial Analytics, Geo-spatial Analysis, Financial Crime, and Social Science Analytics. Concentrations are often used by universities to differentiate their programs from competitors. See our post about concentrations for the highly competitive online MBA for more information. We have also compiled a full report that includes all of the details for online Analytics programs that you can purchase here.
National Ranking by Total Tuition
We organized the data to include those online Analytics & Data Science programs in our database that are at universities that are nationally ranked by U.S. News & World Report’s Best College ranking. We correlated national rank to the total tuition we found from program websites. There is a slight correlation (+.2) between the rank of institutions offering these degrees and the total tuition they charge. In case you wondered, the red dot at the lower left corner of the graph is for University of Alabama Huntsville’s program (U.S. News & World Report’s Best Colleges #200 and total tuition of $14,040) and the red dot in the upper right is Columbia University’s program (U.S. News #5 and tuition $69,192).
Only 29 of the of the 59 programs discussed here are in this cost analysis (regionally / unranked programs are not included).