The first MBA (Master of Business Administration) degree was offered in 1908 by the Harvard Graduate School of Business Administration to develop effective management and leadership in business. Today, many accredited institutions of higher learning offer some of the best online MBAs in Data Science to train business leaders in data-driven industries.
An online MBA degree in data science is a graduate business administration degree with a specialization in data science. These online data science MBA degrees include programs such as an MBA in Data Analytics and a business analytics MBA. This article will cover these degree programs in detail and explore the best data science MBA degree jobs.
Where Can I Get a Data Science MBA Degree Online?
You can get a data science MBA degree online from plenty of accredited schools including Arizona State University, Oregon State University, The University of North Carolina at Chapel Hill, Regent University, and Drexel University.
What Schools Offer the Best Data Science MBA Degrees?
- Arizona State University
- Drexel University
- Husson University
- Oregon State University
- Penn State World Campus
What Are the Admission Requirements for an Online Data Science MBA Degree?
The admission requirements for an online data science MBA degree include a bachelor’s degree or equivalent degree from an accredited institution, and most programs require an overall GPA of 3.0 in your undergraduate degree. Many programs require that prospective students take the GRE or GMAT.
During the application process, candidates need to demonstrate leadership skills, analytical skills, and either a personal or professional contribution to their communities through application essays, resumes, letters of recommendation, and interviews.
Online Data Science MBA Degree Admission Requirements
- Bachelor’s degree from an accredited college or university
- Transcripts with GPA of 2.7 to 3.0+
- GMAT or GRE scores
- Letters of recommendation
- Personal statement essay
- Resume or CV
How to Get a Data Science MBA Degree Online
You can get a data science MBA degree online by completing core business courses, data science courses, some elective courses, final projects, and career-building activities. An MBA in Data Science is a master’s degree program, and it usually takes two years to complete 30 to 60 required credits.
Data Science MBA Degree Requirements
- Complete 30 to 60 total credits
- 15 to 30 credits of business courses
- 6 to 30 credits of data science courses
- 9 to 18 credits of elective courses
- Complete a capstone or final project
Best Online Data Science MBA Degree Programs and Schools: Overview
| School | Program | Accreditation |
|---|---|---|
| Arizona State University | Master of Science in Business Analytics | Higher Learning Commission |
| Drexel University | Master of Science in Business Analytics | Middle States Commission on Higher Education |
| Husson University | Master of Business Administration in Business Analytics | New England Commission of Higher Education |
| Oregon State University | Master of Business Administration in Business Analytics | Northwest Commission on Colleges and Universities |
| Penn State World Campus | Master of Business Administration with Business Analytics Concentration | Middle States Commission on Higher Education |
| Regent University | Master of Business Administration with Business Analytics Concentration | Southern Association of Colleges and Schools, Commission on Colleges |
| Southern New Hampshire University | Master of Business Administration in Business Analytics | New England Commission of Higher Education |
| Syracuse University | Master of Business Administration with Business Analytics Specialization | Middle States Commission on Higher Education |
| University of Maryland Global Campus | Master of Science in Data Analytics | Middle States Commission on Higher Education |
| The University of North Carolina at Chapel Hill | Master of Business Administration in Data Analytics and Decision Making | Southern Association of Colleges and Schools, Commission on Colleges |
Best Schools for Data Science: Top Online Data Science MBA Degree Programs
The top online data science MBA degree programs are offered by the business schools at accredited institutions across the country. Some universities list this degree as a Master of Science (MS), while others list it as a Master of Business Administration (MBA).
Both MS and MBA programs cover the same core courses and the application process is often very similar. In the section below we’ll break down the crucial components of these degrees as well as the admission requirements and application process for each program.
What Is an Online Data Science MBA Degree?
An online data science MBA degree is a business degree that incorporates technical skills in data science into business processes. Students will be able to develop business strategies and make decisions based on business analytics across many different career fields.
An online MBA in Data Science covers foundational courses such as data mining and visualization and marketing and predictive analytics, in addition to core business courses such as accounting, business ethics, economics, and finance.
Graduate students in these online degree programs complete 30 to 62 credit hours over 18 to 36 months. Online students can pursue their degree from any location, compared to students in on-campus programs.
Online vs In-Person Data Science MBA Degrees
Online and in-person data science MBA degrees each have unique advantages. Online degree programs are more flexible, with many online classes delivered in an asynchronous format where students can access course materials at any time during the semester. Additionally, most accelerated MBA programs are only offered online.
On the other hand, in-person degrees allow students to interact directly with each other and the professor. Many people find this more motivating, and it gives students better opportunities to practice working in teams.
Top 5 Benefits of an Online MBA Degree in Data Science
- Part-time, full-time, or accelerated study. Online degree programs enable students to choose how much time they want to commit to learning. Most online data science degrees allow you to switch between part-time and full-time with each new semester.
- Flexible schedule. The online format allows students to attend classes at a time that is convenient for them, making it easier to balance learning with job and family responsibilities.
- Cost savings. Online students avoid on-campus costs that come with in-person attendance. Additionally, they don’t have any transportation costs with online classes.
- Learn from any location. You can attend an online degree program from anywhere. You can enroll at Bentley University in Massachusetts while living in California or traveling the world.
- Extended professional network. You’ll take online classes with students from all over the country and the world. By the time you complete your business graduate degree, you’ll have a global professional network.
Top 5 Benefits of an In-Person MBA Degree in Data Science
- Access to faculty. An in-person program gives you access to faculty when you need assistance or have questions about course material.
- On-campus programs. Many campuses offer industry engagement programs with speakers from successful businesses. While online students can often attend these programs, it’s not the same as meeting business professionals face-to-face.
- Student collaboration. In-person MBA programs give additional learning support through study groups and shared perspectives with other students.
- Academic resources. In-person students will have access to the school library and other study spaces on campus.
- Student support. You will have in-person access to student support services such as academic tutors and advisors to help you when you are having trouble with coursework.
What Types of Online Business Degrees Can You Get in Data Science?
You can get an online Master of Business Administration (MBA) or an online Master of Science (MS) in Data Science. MBA programs focus more on business courses with data science, data analytics, or business analytics offered as specializations. The MS degree focuses on data analytics and applies it to business environments.
Is It Better to Get a Master of Business Administration Degree or a Master of Science Degree in Data Science?
Whether an MBA or MS in Data Science is better for you depends on your career goals. An MBA in Data Science degree will strengthen your business management skills and prepare you for a leadership position in a data-driven business.
On the other hand, an MS in Data Science focuses on data analysis and computer science. An MS prepares you for roles in marketing analytics or business analytics.
How Much Does a Data Science MBA Degree Cost?
According to the National Center for Educational Statistics, a data science MBA degree costs $19,314 per year on average across all types of schools. Public schools are usually less expensive than private universities, and online programs are usually more affordable than in-person degrees at any institution.
How Long Does It Take to Get a Data Science MBA Degree Online?
An online data science MBA degree is a two-year program for full-time students at most schools. Some students may choose to take either an accelerated path and complete the program in less time or study part-time and take longer to finish the program.
The total number of credits required to complete an online data science MBA or MS program ranges from 30 to 62 credit hours. Students enrolled in full-time programs will take about six to nine credits per semester in order to complete the degree within the recommended time.
Are Online Data Science MBA Degrees Respected?
Yes, online data science MBA degrees are respected. Online degrees are often taught by the same faculty teaching the in-person programs. It doesn’t matter whether you studied online or in-person as long as your degree is from an accredited institution. Your online diploma will look just like an in-person diploma and will only indicate the institution you got it from, not the mode of learning.
Is Data Science Hard to Learn Online?
No, data science is not hard to learn online. If you enjoy analysis, problem-solving, and critical thinking, you will find it easy to commit to your classes. Some education or work experience in business may be helpful and is required by some of the programs on our list.
Online data science programs have been designed specifically for online learners, taking into consideration the unique challenges that distance learners may face. It may take some time to get used to the online platform that a school uses, but many online programs have a required course that explains the online platform and gives students a chance to practice using it.
Data Science Bootcamp vs Online Data Science MBA Degree: Which Is Better?
An online data science MBA degree is better than a data science bootcamp. An MBA degree is an internationally recognized degree with applications across many fields. An MBA is a more respected credential than a bootcamp certificate, and it qualifies you for higher-level positions rather than entry-level roles.
However, if you already have a graduate or undergraduate business degree, enrolling in a university-backed data science bootcamp is a shorter and less expensive way to change careers or access higher-paying positions.
Top 5 Benefits of an Online Data Science MBA Degree
- International recognition. An MBA degree in data science is a respected credential in national and international business.
- Increased job opportunities. An MBA is a minimum education requirement for many management positions.
- Promotion to more senior roles. Work experience plus an online MBA degree qualifies you for senior roles in management and leadership.
- Higher earning potential. A data science MBA degree gives you opportunities for greater salary increases.
- Opportunity to change careers. The skills you learn during your online MBA in Data Science program qualify you to work in many different kinds of business. If you think it’s time for a career change, this degree will prepare you for a variety of roles.
Top 5 Benefits of a Data Science Bootcamp
- Takes less time. Data science bootcamps only take three to nine months to complete, so you can earn your new credential quickly.
- Costs less money. A data science bootcamp is cheaper on average than regular degree programs at all levels.
- Reskill for a tech job. This type of online program is designed specifically to prepare you to get a job in tech.
- Higher earning potential. Completing a data science bootcamp does improve your earning potential, but not as much as a degree.
- Learn in-demand skills. The skills you will learn in a data science bootcamp are up-to-date data analysis skills that will make your resume more attractive to potential employers.
Why You Should Get a Data Science MBA Degree Online
You should get a data science MBA degree online because it is a respected professional credential that can launch your career into senior positions. Completing this degree online allows you to balance your professional and personal life commitments while you study. It is also more affordable and flexible compared to an in-person degree.
MBA graduates are in high demand for their leadership and management skills. Combined with technical skills in the rapidly growing field of data science, you’ll have many opportunities to grow professionally. An MBA in Data Science is a good investment, and you will experience a return on your investment soon after you graduate.
What Courses Do You Take in an Online MBA Degree Program in Data Science?
An online MBA degree program in data science will cover topics such as business analytics, data mining, statistics, decision models, strategic planning, and project management. Below is a closer look into a few of these courses.
Business Analytics
This is a course in strategic planning for business using different business analysis tools. Students will learn how to implement analytical tools to evaluate, plan and direct investments.
Statistical Analysis
Statistics summarize and analyze data, and are a key component of both data science and business analysis. Students will learn statistical concepts and practice applying different statistical tests to datasets.
Data Mining
Data mining is a foundational topic in data science about finding patterns in numerical data. Students will learn how IT tools can be used to create predictive analyses in business. The course may also cover data analytics and data visualization.
Decision Modeling
In Decision Modeling, students will use quantitative data modeling tools to drive the decision-making processes in business. Students will learn how to use these tools and practice applying different techniques to various decision-making models.
Capstone Project
This course is the culmination of all the knowledge and skills students have learned in their MBA classes. Students will be required to analyze a large business dataset describe a business’s processes and suggest future goals. Students will present their findings to potential decision-makers.
Continuing Education Paths for Online Data Science MBA Degree Graduates
An online MBA degree in data science is one of the most advanced degrees you can earn, but it is not necessarily the end of your learning journey. One option is pursuing a business PhD degree or a Doctorate of Business Administration (DBA). These both take several years to complete. A PhD in business prepares you to become a researcher, while a DBA prepares you to lead a company.
If you don’t want to commit to another degree, you can add credentials to your resume with a Certification in Risk Management Assessment (CRMA) or as a Project Management Professional (PMP). Certifications are different from certificates because they are professional programs with exams rather than a stand-alone education.
Related Online Data Science Degrees
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What to Look For in the Best Data Science MBA Degree Programs
The things to look for in the best data science MBA degree programs are accreditation, faculty credentials, student services, curricula, and graduate employment outcomes. We’ll cover these factors in more detail below.
Accreditation
It is important to ensure that you are getting your MBA from an accredited institution. Accreditation shows potential employers that you earned your graduate degree by working hard to master an approved curriculum.
Faculty Credentials
Read up on the faculty of each program you are interested in. Learn about their backgrounds and qualifications to see if they align with your career goals. For example, if you are interested in working at a large business, make sure some of the faculty have experience working at or working with large businesses.
Student Services
As an online student, you may not have access to the on-campus facilities. Look into how accessible the student support services are to distance learners, specifically academic advising, faculty, counselors, and career services. As an online learner, you will need all the support you can get to excel in your pursuit of this rigorous degree program.
Program Curriculum
Explore each program’s curriculum. Does the core course content cover the topics you are interested in? Can you take electives that interest you or does the program require you to take only core credits and no electives?
Employment Outcomes
The purpose of pursuing an online MBA degree in data science is to get a more advanced job with better pay. Some schools support new graduates in the job market more than others, which will be reflected in recent graduate employment statistics.
What Is the Most Affordable Online Data Science MBA Degree?
One of the most affordable online data science MBA degrees is the MBA in Business Analytics offered at Arizona State University. You will need to complete 30 total course credits and each credit hour costs $554. Total tuition for this program is $16,620, not including associated fees.
Can I Get a Data Science MBA Degree Online for Free?
No, unfortunately, you can’t get a data science MBA degree online for free. You can reduce the cost of your degree through federal financial aid (FAFSA), scholarships for MBA students, grants, student loans, and flexible payment options.
If you are interested in learning more without committing to a full degree, you can take some free data science courses or business courses from online platforms like Coursera or MIT’s OpenCourseWare. However, to earn an accredited MBA degree you will have to pay.
Salary and Job Outlook for Online Data Science MBA Degree Graduates
Now that you know more about what it takes to get an online MBA in Data Science, let’s look at employment outcomes after you graduate. We’ll cover online data science MBA jobs, salaries, and common day-to-day tasks.
How Hard Is It to Get a Job With an Online Data Science MBA Degree?
It is not very hard to get a job with an online data science MBA degree. MBA degree graduates are in high demand both in the US and internationally, and an online degree is just as competitive as a traditional degree. You will be qualified for senior roles with job responsibilities including managing a team and contributing to decision-making processes that drive company growth.
What’s the Average Online Data Science MBA Degree Salary?
The average salary for someone with an online data science MBA degree is $82,000 per year. MBA graduates often complete their degree after they have already acquired some work experience, which qualifies them for more senior roles.
What Jobs Can You Get With an Online Data Science MBA Degree?
The jobs you can do with an online data science MBA degree are mid-level or senior positions such as Director of Analytics or Marketing Director. You can also become a business intelligence analyst or become a data consultant and rise to a senior management position with more work experience.
Data Science MBA Degree Jobs
- Director of Analytics
- Business Intelligence Analyst
- Data Scientist
- Marketing Director
- Management Consultant
Potential Careers With an Online Data Science MBA Degree
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How Much Money Can You Make With an Online Data Science MBA Degree?
You can make between $103,940 and $135,030 per year with an online data science MBA degree. Using your leadership skills, you will be able to take on mid-level or senior roles in financial management and operations management. The jobs you take will be positions that drive business strategy.
Highest-Paying Online Data Science MBA Degree Jobs and Salaries: Overview
| Data Science MBA Degree Jobs | Average Salary |
|---|---|
| Senior Marketing Manager | $135,030 |
| Data Scientist | $131,490 |
| Director of Analytics | $129,636 |
| Business Intelligence Manager | $104,261 |
| Management Consultant | $104,240 |
Best Jobs for Online Data Science MBA Degree Grads
The best jobs for online data science MBA degree graduates are in leadership, management, and top executive roles. These not only present you with the responsibilities suited to your knowledge, but they also present the necessary challenges to help you grow in your career. Let us look at some of these roles below.
Best Jobs According to Your Major
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Is an Online Data Science MBA Degree Worth It?
Yes, an online data science MBA degree is absolutely worth it. The MBA degree in data science trains you in two key areas that are in high demand in today’s business world. You will learn business administration, leadership, and management skills, as well as data analysis, modeling, and visualization skills.
Online data science MBA degree students can learn at their own pace and pursue their degree while still fulfilling family and work obligations. Career services and financial aid options are also available to assist students throughout their study program. Graduates can also go on to earn a PhD degree or certifications in specialized fields of interest.
In our modern world, data has become the key tool used to evaluate business performance. Data science skills are the foundation of decision-making about risk management and overall business strategy. An online MBA degree in data science prepares students for a wide variety of jobs with high salaries to build a fulfilling career.
Additional Reading About Data Science
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Online Data Science MBA Degree FAQ
The main difference between an MBA and an Executive MBA (EMBA) is that the EMBA is a professional business school degree aimed at executives and senior-level managers. An MBA is designed for students with an undergraduate degree and some professional work experience who want to move into mid and senior-level positions.
A degree from either an online university or a MOOC platform is equally valuable. MOOC platforms, such as Coursera, have degree programs that are offered by accredited institutions that are using the MOOC as their online platform. The degree you earn won’t be from Coursera, it will be from the school that uses Coursera as an alternative platform to reach a wider audience.
Early or mid-career business professionals who are interested in developing data science skills for business analysis should get an online MBA in Data Science. This degree will help graduates advance their careers in data science or business. Additionally, you do not need to have an undergraduate business degree to pursue an MBA.
If you want to start a career as a data scientist, you should get a Bachelor’s Degree in Data Science or join a data science bootcamp. After taking one of these programs, you can get an entry-level job to reinforce your knowledge, sharpen your skills, and gain industry experience.
About us: Career Karma is a platform designed to help job seekers find, research, and connect with job training programs to advance their careers. Learn about the CK publication.
