Business Analytics Course in Canada

Become a business-orientated data scientist with a technical skillset

Business analytics has become crucial to decision-making in today's data-driven world. The field involves using data, statistical analysis, and computer-based models to extract valuable insights from data and make informed decisions. The demand for skilled business analysts has increased exponentially in recent years, with Canada emerging as a popular destination for international students pursuing a business analytics degree. 

Canada has many top-ranked universities worldwide, offering various business analytics courses. Canada has thriving business environment makes it an ideal destination for students seeking practical experience in the field. Canada's immigration policies allow international students to work up to three years after graduation, providing ample opportunities to gain practical experience and further their careers. 

Business Analytics Curriculum

A degree in business analytics equips students with the skills and knowledge needed to harness the power of data to make informed business decisions, solve complex problems, and drive strategic planning. Business analytics courses typically integrate concepts from business, statistics, data science, and information technology to prepare graduates for roles that require data-driven decision-making.

A typical program usually begins with fundamental business concepts, providing students with a solid understanding of business environments, management principles, and operational processes. Students will then cover topics like probability, hypothesis testing, regression analysis, and data visualization, all essential for interpreting and deriving insights from data.

• International Fees: $25,000-$40,000 per year
• Entry Requirements: For an undergraduate program, applicants must have a high school diploma or its equivalent, and for graduate-level studies, students must hold a bachelor's degree from a recognized institution. While a degree in a related field, such as business, economics, mathematics, or computer science, may be preferred, it is optional. Many universities may also require applicants to submit scores from standardized tests such as the Graduate Record Examination (GRE) or the Graduate Management Admission Test (GMAT). English Language proficiency test scores are also required. The minimum scores vary among universities but are generally 6.5 to 7.0 for IELTS and 90 to 100 for TOEFL (iBT).

Business Analytics Modules 

Specific business analytics modules typically include:

• Data Analysis and Visualization: This module focuses on the fundamentals of data analysis, statistical techniques, and data visualization. 
• Predictive Analytics: This module explores techniques and models for predictive analytics, including regression analysis, time series forecasting, classification, and clustering.
• Data Mining and Big Data Analytics: This module covers concepts and techniques related to data mining and big data analytics.
• Business Intelligence: This module leverages data and technology to support business decision-making. 
• Optimization and Operations Research: This module covers optimization techniques and operations research methodologies. 
• Machine Learning for Business Analytics: This module introduces machine learning algorithms and techniques for business analytics applications. 
• Business Analytics Strategy and Applications: This module explores the strategic aspects of business analytics and its applications in various industries. 
• Data Governance and Ethics: This section focuses on the ethical considerations and legal frameworks related to data governance and privacy.

Scholarships

In Canada, various scholarships and funding opportunities are available to support students studying business analytics. Universities, government organizations, private institutions, and other sources offer these scholarships.

• Ontario Graduate Scholarship (OGS): The OGS is a merit-based scholarship for domestic and international students pursuing a master's or doctoral degree in Ontario. It provides financial support for research-focused programs, including Business Analytics.
• Canada Graduate Scholarships-Master's Program (CGS-M): This scholarship program is funded by the Canadian government and supports high-achieving students pursuing a master's degree in various fields, including Business Analytics.
• Vanier Canada Graduate Scholarships: The Vanier CGS is a prestigious scholarship program for domestic and international doctoral students who demonstrate exceptional academic excellence, leadership qualities, and research potential.
• Mitacs Globalink Research Award: Mitacs offers undergraduate and graduate students research internships and funding opportunities. The Globalink Research Award provides financial support for international students coming to Canada to conduct research in various disciplines, including Business Analytics.
• University-Specific Scholarships: Many universities in Canada offer scholarships and awards specifically for students studying Business Analytics or related fields. These scholarships may be based on academic merit, research potential, or other criteria.

Jobs and Careers

Studying business analytics in Canada opens up a range of exciting career opportunities. Graduates can pursue various jobs that leverage their analytical and data-driven skills in different industries.

They can find employment opportunities in various organizations, including corporations, consulting firms, and government agencies, as Data Analysts, Business Intelligence Analysts, Data Scientists, Marketing Analysts, Operations Analysts, Risk Analysts, Financial Analysts, and Consulting Analysts. 

Salary

According to reports at Payscale, the average salary for a business analytics job in Canada is around CAD 66,000 per year.

Where can I study Business Analytics in Canada?

To learn more about the best business analytics universities in Canada, find details on the top ranking Business Analytics courses in the QS Business Master’s Rankings 2024: Business Analytics below:

1. Rotman School of Management (University of Toronto)
2. Desautels Faculty of Management (McGill University)
3. Sauder School of Business (UBC)
4. HEC Montreal (Université de Montréal)

Study Business Analytics in Canada

Do you want to study business analytics in Canada? Arrange a free consultation with SI-Canada today to start your application.