Difference Between Business Analytics and Data Science

By Nidhi bahl Updated On - Sep 18, 2020 04:43 PM

Confused between pursuing a Data Science or Business Analytics course in one of the many international universities in the world? Check out this article and learn about the differences and similarities between Business Analytics and Data Science.

When we talk about Analysis, we remember things such as compiling data including numbers and other information and studying, calculating and researching more on the data available. All in all, we think of a straightforward goal, “How can this help in growth… ?”

In simple words, Analytics is a crucial factor, especially in the capitalistic world, to ensure the growth of an individual, start-up or organisation. However, there several different types of analytics profiles, which requires skilled and qualified candidates. Among these, the two standard fields include Data Science and Business Analytics.

In this article, we shall discuss the difference between Business Analytics and Data Science in education and career paths as well. If you are looking to pursue a career or training in any one of these fields, then scroll down further to know more.

Difference Between Business Analytics and Data Science

Check out the table given below to learn more about Business Analytics and Data Science.

Category

Data Science

Business Analytics

What is…?

  • Refers to the science of studying Data using various algorithms, statistical procedures and technology.

  • Data Scientists are expected to use structured and unstructured data to find relevant details and conclusions.

  • Refers to the Statistical Analysis of different Business Data to improve business when compared to previous reports.

  • Business Analysts usually refer to structured data to help make an informed decision.

Skills Needed

  • Data Science requires a good grasp of computer coding skills as well as traditional analytical skills.

  • Patience, Attentiveness and a Keen Eye for collecting, compiling and analysing data, are needed to pursue a career in Data Science.

  • Creative Thinking.

  • Statistical know-how and understanding can usually help in the process with little to no expertise in computer coding.

  • Computer coding can be an added bonus and can make you an asset to a company.

  • Business Intelligence, along with statistics-based analytic skills, is a must.

  • Good and Effective Communication Skills.

Applications

  • Applications of Data Science can be used for several purposes as it provides insight to different issues, challenges and growth prospects. However, it can not be directly used for decision-making as further refinement and business intelligence is required.

  • Data Science may play a major role in the development of Artificial Intelligence and Machine Learning.

  • Applications of Business Analytics can mainly be found in any form of business. Business Analysts can directly help in the decision-making processes due to their innate skills in analysing statistical data.

  • Cognitive Analytics and Tax Analytics are some areas where Business Analytics may be extremely useful.

Eligibility

  • For Bachelors, students must have cleared class 12th board exam or equivalent with Computer Science and Mathematics as compulsory subjects.

  • For Masters, must have earned a valid bachelors in with computer science, statistics and mathematics as compulsory subjects.

  • For Bachelors, students must have cleared their class 12 board exam or equivalent, in any stream. Students with computer science, statistics and mathematics as one of their subjects may be preferred (will vary from college to college).

  • For Masters, candidates must have a valid bachelor’s degree in relevant management or analytics courses. Preference may be offered to applicants.

The table above displays the basic differences between the two fields. While both the field may seem similar, the applications of skills and training received under both fields, the cognitive abilities needed to carry out basic functioning in the field and the career paths available under both, Business Analytics and Data Science are completely different.

Also Read: Top US Universities for STEM Courses

Business Analytics vs Data Science: Career Scope and Job Opportunities

A key difference between the two fields is the career scope and job opportunities of Business Analytics and Data Science. Depending on the skills, qualifications and experience that a candidate displays, the career scope will differ and vary accordingly. Check out the differences and similarities in the career scope of and job options between Data Science and Business Analytics.

Category

Data Science

Business Analytics

Job Profiles

Data Analyst

Data Scientist

Data Engineers

Machine Learning Engineer

Databased Administrator

Data Analytics Manager

Business Analyst

Business Management Analyst

Operations Analyst

Market Analyst

Finance Analyst

Process Analyst

Systems Analyst

Areas of Employment

Due to the profile, employment opportunities after Data Science can be found in different industries such as MNCs, Hospitals, Educational Institutions, Start-ups, etc.

Similar to Data Science, employment opportunities after Business Analytics can be found in sectors such as Banking & Finance, Education, National & International Businesses, Import & Export, etc.

Also Read: Things You Should Know Before Pursuing Education in the US

These are some of the major differences that you see when comparing the two fields, i.e. Business Analytics and Data Science. As you can see, both the fields are different from each other, requiring different skill sets and cognitive abilities.

Popular Foreign Universities Offering Business Analytics

Check out the list of foreign universities offering programmes in business analytics along with their respective tuition fees:

Name of the University

Country

Programme

Tuition Fee (Approx.)

MIT Sloan School of Management

United States

Master of Business Analytics

INR 62,20,786

Imperial College Business School

United Kingdom

MSc Business Analytics

INR 27,26,390

The University of Texas at Austin

United States

Master of Science in Business Analytics

INR 34,03,200

Warwick Business School

United Kingdom

MSc Business Analytics

INR 26,33,000

The University Of Illinois At Chicago

United States

MS in Business Analytics

INR 26,95,193

Hofstra University

United States

MS in Business Analytics

INR 17,38,043

Arizona State University (Tempe Campus)

United States

  • BS in Business Data Analytics

  • MS in Business Analytics

INR 15-22,34,076

University of Leeds

United Kingdom

MSc Business Analytics and Decision Sciences

INR 22,64,290

MIP Politecnico di Milano 

Italy

International Master in Business Analytics and Big Data

NA

Rotman School of Management at the University of Toronto

Canada`

Master of Management Analytics

NA

Popular Foreign Universities Offering Data Science

From 10 months to 4 years, the duration of programmes in data science may vary. Here is the list of the top 10 universities offering data science:

Name of the University

Country

Programme

Tuition Fee (Approx.)

Harvard University

United States

Master of Science in Data Science

INR 37,59,402

Simon Fraser University

Canada

Professional Master’s Programme in Big Data

INR 15,88,793

University College London

United Kingdom

MSc in Data Science and Machine Learning

INR 26,25,652

University of Manchester

United Kingdom

MSc in Data Science (Computer Science Data Informatics)

INR 20,79,450

University Of The Pacific

United States

Master of Science in Data Science

INR 16,99,331

IT Sligo

Ireland

MSc in Computing (Data Science)

INR 7,00,000 

Dublin City University

Ireland

Bachelor of Science (Hons) in Data Science

INR 12,00,000 

University of Leeds

United Kingdom

  • MSc in Data Analytics and Human Resource Management

  • MSc in Advanced Computer Science (Data Analytics)

INR 21,00,000

The University of British Columbia

Canada

Master of Data Science

INR 23,98,187

University of Sydney

Australia

Master of Data Science

INR 21,29,325

These are few of the popular colleges and universities where you can pursue the course of your choice. You can search for and learn more about all the top International Universities across different countries in the world. Browse through our list of colleges available on our website and check out the different courses and programmes on offer.

If you wish to pursue international studies in a college or university of your choice, then you can write to us at abroad@collegedekho.com and clear all your questions regarding admissions. You can also contact us at 785 9990 990 and ask us your queries regarding admissions.

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