Best Online Master’s in Business Intelligence 2022

by TBS Staff

Updated October 13, 2022

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A master's in business intelligence can develop your ability to quantify consumer trends, generate returns on investment, reduce and manage risk, and increase efficiency.

The growing field of business intelligence and analytics relies on professionals with business intelligence master's degrees for leadership roles. After earning master's degrees, professionals can pursue opportunities in high-paying jobs as management analysts, data scientists, and market research analysts. The degree also leads to careers as statisticians, analysts, researchers, and consultants. These career paths offer strong job growth projections and high earning potential.

An online business intelligence degree prioritizes flexibility. The delivery format appeals to working professionals who must balance earning an education with their careers. By choosing an online program, business intelligence graduate students can continue working while pursuing career advancement.

Our list ranks the best online master's programs in business intelligence. Prospective students can use our rankings to identify the program that best aligns with their career goals. This article also explores common business intelligence courses, available careers for those with business intelligence master's degrees, and how to choose the right program for you.

The Best Online Master's in Business Intelligence Programs

#1 Best Online Master’s in Business Intelligence 2022

University of North Carolina at Chapel Hill

  • Chapel Hill, NC
  • 4 years
  • Online + Campus

University of North Carolina at Chapel Hill enrolls students in its top-ranked online MBA in business analytics program. The rigorous curriculum prepares learners for advanced roles in the field. A master's degree allows graduates to move up the career ladder or pursue a new career path.

The curriculum explores advanced methodologies and research in business analytics. Learners choose electives or a specialization to gain focused career training. Applicants without a business analytics background may need to complete prerequisites.

Online enrollees complement the classroom experience with internships in their local area. Internships and other practicum activities also provide professional networking opportunities.

University of North Carolina at Chapel Hill at a Glance:

Type of School: Public, 4-year or above

Admission Rate: 23%

Total Online Master's Programs: 14

Program Name: MBA in business analytics

Graduate Tuition In State: $10,552

Graduate Tuition Out of State: $28,278

Average Tuition
In-state
$7,019
Out-of-state
$34,198
Retention Rate
96%
Admission Rate
23%
Students Enrolled
29,877
Institution Type
Public
Percent Online Enrollment
12% Percentage of all students who are enrolled online.
Accreditation
Yes Southern Association of Colleges and Schools Commission on Colleges

#2 Best Online Master’s in Business Intelligence 2022

Texas A&M University-College Station

  • College Station, TX
  • 4 years
  • Online + Campus

The online master of analytics at Texas A&M University-College Station offers high academic quality. The program emphasizes industry-relevant knowledge and skills, preparing students for decision-making responsibilities. With a master's degree, graduates can advance their current career or move into new careers.

The curriculum explores theoretical and practical perspectives in the field. Learners individualize the course of study by selecting electives and concentrations. Applicants without an analytics background may need to complete prerequisite courses to enroll in the program.

Online enrollees work with the program to arrange professional internships at approved locations in their local area. Graduate students expand their professional connections by attending virtual networking events.

Texas A&M University-College Station at a Glance:

Type of School: Public, 4-year or above

Admission Rate: 58%

Total Online Master's Programs: 38

Program Name: Master of analytics

Graduate Tuition In State: $6,677

Graduate Tuition Out of State: $18,700

Average Tuition
In-state
$7,941
Out-of-state
$34,190
Retention Rate
93%
Admission Rate
58%
Students Enrolled
68,726
Institution Type
Public
Percent Online Enrollment
14% Percentage of all students who are enrolled online.
Accreditation
Yes Southern Association of Colleges and Schools Commission on Colleges

#3 Best Online Master’s in Business Intelligence 2022

Babson College

  • Wellesley, MA
  • 4 years
  • Online + Campus

The MBA in business analytics at Babson College, located in Wellesley, Massachusetts, uses a flexible distance learning format. The program builds specialized skills for advanced practice, preparing graduates for leadership positions with increased salary potential. A master's degree also helps graduates pursue new careers.

The curriculum explores theoretical and practical perspectives in the field. Learners often choose a specialized concentration, which can help them stand out in a competitive job market. Applicants without a business analytics background may need to complete prerequisites.

Online degree-seekers can often complete professional internships at approved locations in their own community. The program encourages professional development activities, including networking events, so graduate students can expand their professional connections.

Babson College at a Glance:

Type of School: Private not-for-profit, 4-year or above

Admission Rate: 26%

Total Online Master's Programs: 1

Program Name: MBA in business analytics

Graduate Tuition In State: $89,550

Graduate Tuition Out of State: $89,550

Average Tuition
In-state
$52,608
Out-of-state
$52,608
Retention Rate
95%
Admission Rate
26%
Students Enrolled
3,325
Institution Type
Private
Percent Online Enrollment
1% Percentage of all students who are enrolled online.
Accreditation
Yes New England Commission on Higher Education

#4 Best Online Master’s in Business Intelligence 2022

William & Mary

  • Williamsburg, VA
  • 4 years
  • Online + Campus

The online master of science in business analytics offered by William & Mary from its Williamsburg, Virginia, campus, ranks as a top degree. The program uses a rigorous curriculum to prepare graduates for advanced roles in the field. A master's degree can also lead candidates to new career paths.

The curriculum blends theory and practice to provide an advanced understanding of business analytics. Learners choose electives and concentrations to prepare for focused career paths. Applicants without a background in business analytics may need to complete prerequisites.

Online enrollees complete internship programs in their local area to gain hands-on experience. Graduate students also build professional connections through virtual networking events and other activities.

William & Mary at a Glance:

Type of School: Public, 4-year or above

Admission Rate: 38%

Total Online Master's Programs: 3

Program Name: Master of science in business analytics

Graduate Tuition In State: $10,516

Graduate Tuition Out of State: $28,305

Average Tuition
In-state
$16,728
Out-of-state
$40,089
Retention Rate
95%
Admission Rate
38%
Students Enrolled
8,773
Institution Type
Public
Percent Online Enrollment
5% Percentage of all students who are enrolled online.
Accreditation
Yes Southern Association of Colleges and Schools Commission on Colleges

#5 Best Online Master’s in Business Intelligence 2022

The University of Texas at Dallas

  • Richardson, TX
  • 4 years
  • Online + Campus

The online master of science in business analytics at The University of Texas at Dallas, located in Richardson, offers high academic quality. The program builds specialized skills for advanced practice, preparing enrollees for leadership positions with increased salary potential. A master's degree also helps candidates pursue new careers.

The curriculum covers theoretical and practical approaches to business analytics. Learners prepare for the job market by choosing a specialty through electives. The program recommends a background in business analytics before applying to the program.

Online enrollees complete local internships. These and other practicum activities also provide professional networking opportunities.

The University of Texas at Dallas at a Glance:

Type of School: Public, 4-year or above

Admission Rate: 79%

Total Online Master's Programs: 1

Program Name: Master of science in business analytics

Graduate Tuition In State: $13,874

Graduate Tuition Out of State: $27,796

Average Tuition
In-state
$13,442
Out-of-state
$38,168
Retention Rate
89%
Admission Rate
79%
Students Enrolled
29,543
Institution Type
Public
Percent Online Enrollment
19% Percentage of all students who are enrolled online.
Accreditation
Yes Southern Association of Colleges and Schools Commission on Colleges

#6 Best Online Master’s in Business Intelligence 2022

Oklahoma State University-Main Campus

  • Stillwater, OK
  • 4 years
  • Online + Campus

Students can pursue an online master's in business analytics and data science at Oklahoma State University-Main Campus, located in Stillwater. The program encourages career training throughout its curriculum, preparing degree-seekers for leadership positions. Earning a master's degree helps candidates move into a new career or advance in their current field.

The curriculum emphasizes both practical and theoretical approaches to business intelligence. Learners individualize the course of study by selecting electives and concentrations. The master's program builds on bachelor's-level experience.

Online enrollees add to their resume by pursuing internship opportunities at approved locations in their local area. The program encourages graduate students to attend networking events to expand their professional connections.

Oklahoma State University-Main Campus at a Glance:

Type of School: Public, 4-year or above

Admission Rate: 70%

Total Online Master's Programs: 25

Program Name: Master's in business analytics and data science

Graduate Tuition In State: $5,531

Graduate Tuition Out of State: $21,034

Average Tuition
In-state
$5,366
Out-of-state
$20,877
Retention Rate
83%
Admission Rate
70%
Students Enrolled
24,079
Institution Type
Public
Percent Online Enrollment
42% Percentage of all students who are enrolled online.
Accreditation
Yes Higher Learning Commission

#7 Best Online Master’s in Business Intelligence 2022

University of North Carolina Wilmington

  • Wilmington, NC
  • 4 years
  • Online + Campus

The MBA with a specialization in business analytics at University of North Carolina Wilmington offers a flexible online format. The program helps students move into leadership roles and increase their earning potential. With a master's degree, graduates can also pursue new career opportunities.

The curriculum covers theoretical and practical approaches to business analytics. Learners choose electives or a specialization to gain focused career training. Applicants with prior experience in business analytics or a related field often meet the admission requirements.

Online enrollees work with the program to find local internships. Graduate students expand their professional network through internships and online events.

University of North Carolina Wilmington at a Glance:

Type of School: Public, 4-year or above

Admission Rate: 65%

Total Online Master's Programs: 16

Program Name: MBA with a specialization in business analytics

Graduate Tuition In State: $4,719

Graduate Tuition Out of State: $18,548

Average Tuition
In-state
$4,443
Out-of-state
$18,508
Retention Rate
86%
Admission Rate
65%
Students Enrolled
17,499
Institution Type
Public
Percent Online Enrollment
49% Percentage of all students who are enrolled online.
Accreditation
Yes Southern Association of Colleges and Schools Commission on Colleges

#8 Best Online Master’s in Business Intelligence 2022

Florida Atlantic University

  • Boca Raton, FL
  • 4 years
  • Online + Campus

From its campus in Boca Raton, Florida Atlantic University hosts a top-ranked MBA in business analytics. The program helps enrollees increase their salary potential and take on more professional responsibilities. A master's degree can also prepare graduates for opportunities in new fields.

The curriculum emphasizes the best practices in business analytics. Learners choose electives or a specialization to stand out in a competitive job market. Applicants with a background in business analytics typically meet the admission requirements.

Online enrollees participate in internship programs at approved locations in their local area. The program encourages graduate students to attend networking events to expand their professional connections.

Florida Atlantic University at a Glance:

Type of School: Public, 4-year or above

Admission Rate: 63%

Total Online Master's Programs: 13

Program Name: MBA in business analytics

Graduate Tuition In State: $5,467

Graduate Tuition Out of State: $16,695

Average Tuition
In-state
$2,522
Out-of-state
$14,374
Retention Rate
81%
Admission Rate
63%
Students Enrolled
30,061
Institution Type
Public
Percent Online Enrollment
49% Percentage of all students who are enrolled online.
Accreditation
Yes Southern Association of Colleges and Schools Commission on Colleges

#9 Best Online Master’s in Business Intelligence 2022

Boston University

  • Boston, MA
  • 4 years
  • Online + Campus

The master of science in applied business analytics at Boston University, located in Massachusetts, uses a flexible distance learning format. The program emphasizes specialized skills, preparing learners for increased responsibilities and a higher earning potential. A master's degree can also lead graduates to new careers.

The master's curriculum covers theoretical and practical approaches to business analytics. Learners individualize the course of study by selecting electives and concentrations. Applicants with prior experience in business analytics or a related field often meet the admission requirements.

Online enrollees meet any in-person requirements, such as internships, at approved sites in their local area. Graduate students can expand their professional network through internships and online events.

Boston University at a Glance:

Type of School: Private not-for-profit, 4-year or above

Admission Rate: 19%

Total Online Master's Programs: 24

Program Name: Master of science in applied business analytics

Graduate Tuition In State: $54,720

Graduate Tuition Out of State: $54,720

Average Tuition
In-state
$54,720
Out-of-state
$54,720
Retention Rate
94%
Admission Rate
19%
Students Enrolled
33,720
Institution Type
Private
Percent Online Enrollment
10% Percentage of all students who are enrolled online.
Accreditation
Yes New England Commission on Higher Education

#10 Best Online Master’s in Business Intelligence 2022

Villanova University

  • Villanova, PA
  • 4 years
  • Online + Campus

Students interested in a master's can earn their master of science in business analytics at Villanova University, located in Villanova, Pennsylvania. The program emphasizes advanced practice skills, training learners for leadership roles and an increased earning potential. A master's degree can also lead candidates to new careers.

The curriculum examines advanced theories and practices in business analytics. Learners focus their training by choosing electives based on their interests and career goals. Applicants with a background in business analytics typically meet the admission requirements.

Online enrollees gain real-world experience through local internships. The program encourages professional development activities, including networking events, so graduate students can expand their professional connections.

Villanova University at a Glance:

Type of School: Private not-for-profit, 4-year or above

Admission Rate: 28%

Total Online Master's Programs: 17

Program Name: Master of science in business analytics

Graduate Tuition In State: $20,506

Graduate Tuition Out of State: $20,506

Average Tuition
In-state
$54,550
Out-of-state
$54,550
Retention Rate
96%
Admission Rate
28%
Students Enrolled
10,848
Institution Type
Private
Percent Online Enrollment
23% Percentage of all students who are enrolled online.
Accreditation
Yes Middle States Commission on Higher Education
Best Online Programs

Online Master's in Business Intelligence Programs Ranking Guidelines

We ranked these degree programs based on quality, curricula, school awards, rankings, and reputation.

Our Methodology

Here at TheBestSchools.org, we take the trust and welfare of our readers very seriously. When making our school and program rankings, our top priority is ensuring that our readers get accurate, unbiased information that can help them make informed decisions about online education. That's why we've developed a rigorous ranking methodology that keeps the needs of our readers front and center.

Our proprietary, multi-criteria ranking algorithm analyzes key data indicators — as collected by the federal government — for each school or program. What data we use depends on the focus of each specific ranking, but in all cases, our ranking methodology is impartial: Schools cannot buy better rankings at TBS.

While specific criteria under consideration can vary by ranking, there are a few data points that we value most highly. They are affordability, academic quality, and online enrollment. Below, we break down our algorithm to help you understand what you're getting when you use one of our rankings.

  • Academics
  • Affordability
  • Online Enrollment

Data Sources

The data used in TBS rankings comes primarily from the federal government, and much of it is provided by the schools themselves. We aggregate and analyze this data to build our rankings.

The Integrated Postsecondary Education Data System (IPEDS) is our primary source. Its data comes from annual surveys conducted by the U.S. Department of Education's National Center for Education Statistics (NCES). Every college, university, or technical school with access to federal financial aid must participate in these surveys, which include questions about enrollment, graduation rates, finances, and faculty qualifications. This is publicly available data, which you can access yourself through the College Navigator.

Additionally, because we value a personal touch and the professional experience of our staff and Academic Advisory Board, we vet all results and adjust rankings as necessary based on our collected knowledge of schools and degree programs. Depending on the ranking, we may obtain additional input from AcademicInfluence.com, subject matter experts, prior TBS ranking lists, or other sources we deem relevant to a particular ranking.

Breakdown of Our Rankings Methodology

About Our Ranking Factors

Here at TBS, we value what you value: quality education, affordability, and the accessibility of online education. These factors guide all of our program rankings.

Each of these factors are further broken down into weighted subfactors. For example, retention rates are weighted more heavily than availability of program options because they are a better indicator of student success.

We chose the following factors for our rankings because of their influence on learning experiences and graduate outcomes. However, students should always balance our rankings against their personal priorities. For instance, a learner who needs a fully online program may prioritize online flexibility more than our rankings do. Our rankings are designed to help you make a decision — not to make a decision for you.

Academics - 75%

Affordability - 15%

Online Enrollment - 10%

In all our school rankings and recommendations, we work for objectivity and balance. We carefully research and compile each ranking list, and as stated in our advertising disclosure, we do NOT permit financial incentives to influence rankings. Our articles never promote or disregard a school for financial gain.

If you have questions about our ranking methodology, please feel free to connect with our staff through contact page.

We thank you for your readership and trust.

Featured Online Master's in Business Intelligence Programs

What Is an Online Master's in Business Intelligence?

An online master's degree in business intelligence builds strong analytical and data science skills. During the program, graduate students learn how to collect and analyze data using different statistical techniques and make business decisions based on the results. Coursework may also cover topics like machine learning, data optimization, and big data analytics.

Depending on the program, graduate students can apply classroom training during internships and practicums. Many programs incorporate real-world projects and assignments to help build career-ready skills.

Earning a master's degree in business intelligence generally takes two years for full-time students, though some online business intelligence programs offer accelerated, one-year pathways to the degree.

What's the Difference Between a Master's Degree in Business Intelligence and an MBA in Business Intelligence?

A master's in business intelligence and a master of business administration (MBA) in business intelligence both offer focused training in business analytics, data science, and data-driven decision-making. However, an MBA incorporates more general business classes, including training in finance, marketing, and organizational behavior. A business intelligence master's degree provides more focused coursework specific to a career in analytics.

Professionals considering general business careers may prefer the flexibility of MBAs, while those with focused career goals in business analytics can benefit most from a master's in business intelligence.

Choosing an Online Master's in Business Intelligence Program

Prospective business intelligence students should consider several factors when choosing a graduate program, including cost, program length, and learning format. For example, some schools offer scholarships and tuition discounts for fully online students. Similarly, working professionals may prefer a part-time schedule with asynchronous classes, while other students prefer accelerated pathways or synchronous classes.

Applicants should also consider internship opportunities, electives, and specializations. Professionals with specific career goals benefit from choosing programs that offer concentrations in their preferred industries. Researching these factors ahead of time allows applicants to find the programs that best fit their goals and needs.

Accreditation for Master's in Business Intelligence or Business Analytics Degree Programs

Accredited schools and programs meet the highest standards for educating students and granting degrees. Prospective students should only consider regionally accredited universities when applying to graduate programs. Unaccredited schools may not qualify graduates for careers.

In addition to choosing an accredited university, business intelligence students should also research their program's accreditation. In business, three primary organizations grant programmatic accreditation: the Association to Advance Collegiate Schools of Business, the Accreditation Council for Business Schools and Programs, and the International Accreditation Council for Business Education.

What Can I Expect When Pursuing a Master's in Business Intelligence Online?

A master's in business intelligence strengthens analytical and research skills. By studying data science, decision-making, and business analytics, graduate students gain the knowledge and skills required for many in-demand careers. Some programs also offer specializations or electives in areas like big data analytics, marketing, or healthcare analytics.

Common Courses in Master's in Business Analytics and Intelligence Programs

  • Data Mining and Visualization: Coursework examines data transformations, exploratory querying, statistical graphics, time series analysis, and exploratory spatial data analysis. By the end of this course, students should know how to use tools like Python and Jupyter Notebook, along with general design principles.
  • Business Analytics: Business analytics explores how professionals can use data to make more informed decisions. Students use case studies to practice identifying and evaluating potential opportunities in organizations. Coursework also examines analytic methods and how to use optimization in the presence of multiple alternatives.
  • Data-Driven Decision-Making: In this interdisciplinary course, students learn about the role of quantitative data in organizational, entrepreneurial, and managerial decision-making. Students apply quantitative tools from statistics, finance, and economics. This course emphasizes the interpretation and translation of data to initiate change in an organization.
  • Data Science and Predictive Analytics: Enrollees develop computational, practical, and inferential thinking skills that can help them solve data challenges. Pertinent concepts include dynamic visualization, data management, statistical computing, and processing. By the end of this course, students have understand computational concepts in big science data, inferential thinking, and raw data.
  • Quantitative and Qualitative Decision-Making: Students learn to use quantitative and qualitative decision-making techniques to improve issues organizations experience today. Essential topics include statistical data analysis, forecasting techniques, optimization models, and decision theory. Students must draw upon methods of problem-solving, data collection, data analysis, evaluation, prediction, and profitability distribution.

Business Intelligence Careers

A business intelligence master's degree prepares graduates for in-demand, high-paying careers. For example, a background in business analytics can lead to employment as a management consultant, financial analyst, or market research analyst. Others find work as data scientists or business analysts.

During a business intelligence program, graduate students can prepare for specialized careers by taking courses in information science, healthcare, marketing, or other industries that rely on analytics.

1

Administrative Services Managers

Median BLS Salary (2020) $96,940
Projected Job Outlook (2019-2029) 6%

Administrative services managers oversee facilities and administrative activities, including recordkeeping and mail distribution. They manage administrative staff, determine departmental goals, and monitor records. Administrative services managers also make recommendations to improve office operations and ensure staff follow safety standards and regulations.

Records and information managers specifically oversee their organization's records. They may work in legal, nonprofit, or business organizations.

Most administrative services managers hold bachelor's degrees and have previous experience in administration. The position requires managerial experience and training in business operations or project management. Professionals can pursue certification from the International Facility Management Association, the Institute of Certified Records Managers, or ARMA International.

Median Salary: $96,940
2

Computer Systems Analysts

Median BLS Salary (2020) $90,920
Projected Job Outlook (2019-2029) 7%

Computer systems analysts evaluate organizations' computer systems to identify ways to increase efficiency. They blend IT and business training to determine technological solutions to problems and recommend new systems and procedures to management. They may also test and train users on computer systems.

A background in computer science or information science is ideal for computer systems analysts. Some roles require a master's degree with training in information systems. A master's degree can also prepare computer systems analysts for employment as computer and information systems managers.

Median Salary: $90,920
3

Management Analysts

Median BLS Salary (2020) $85,260
Projected Job Outlook (2019-2029) 11%

Management analysts, also known as management consultants, evaluate organizations and make recommendations to increase profits, improve efficiency, and reduce costs. Management analysts then recommend those solutions to management.

While most management analysts have several years of professional experience, a master's degree in business intelligence or business analytics can also help professionals become management analysts. Professionals can also pursue certification, such as the certified management consultant credential, to demonstrate their expertise.

Median Salary: $85,260
4

Financial Analysts

Median BLS Salary (2020) $81,590
Projected Job Outlook (2019-2029) 5%

Financial analysts evaluate investments to recommend strategies to businesses and individuals. They analyze market performance for stocks and bonds, forecast financial trends, and study historical data to manage a portfolio of investments. Financial analysts can also determine organizations' value by appraising their financial statements.

Financial analysts who sell financial products typically need licenses from the Financial Industry Regulatory Authority. Financial analysts can also pursue professional certifications like the chartered financial analyst credential. Most financial analysts hold a bachelor's degree. A master's degree in business intelligence or business analytics prepares graduates for supervisory roles such as financial manager, fund manager, or portfolio manager.

Median Salary: $81,590
5

Market Research Analysts

Median BLS Salary (2020) $63,790
Projected Job Outlook (2019-2029) 18%

Market research analysts evaluate data to determine consumer demand for products and services. They then use that analysis to set pricing strategies, forecast sales trends, and identify potential customers. They report their findings to executives, who then set strategies and make decisions based on that information.

A bachelor's degree is the most common entry-level educational requirement. However, some market research analyst roles require a graduate degree in business, statistics, marketing, business intelligence, or business analytics.

A master's degree prepares professionals for leadership roles and more technical research positions. Market research analysts can also pursue voluntary certifications, such as the professional researcher certification from the Marketing Research Association.

Median Salary: $63,790

Frequently Asked Questions

How Long Does It Take to Complete an Online Master in Business Intelligence Degree Program?

Earning a business intelligence master's degree generally takes two years for full-time students. Some online programs offer an accelerated route to the degree, which can take as little as one year.

Is a Master's in Business Intelligence Better Than an MBA?

Depends on your career goals. A master's in business intelligence and an MBA both prepare graduates for supervisory roles. However, a business intelligence degree emphasizes analytical training, while the MBA focuses on general business skills.

What Is a Business Intelligence Degree?

A business intelligence degree trains students to analyze raw data and apply their findings to business decision-making. The degree prepares graduates for research, analytics, and consulting roles.

Is a Master's in Business Analytics Worth It?

A master's in business analytics emphasizes a data-driven approach to business, preparing graduates for decision-making roles in many different industries. Students interested in managerial careers in business can benefit from an MBA.

What Can I Do With an MS in Business Analytics?

Professionals with a business analytics master's degree can find work as management consultants, operations research analysts, and data scientists. They can also pursue management-level roles that require strong data analysis skills.

Which Is Better: An MBA or MS in Business Analytics?

An MBA and a business analytics master's degree emphasize different coursework. The MBA provides advanced training in multiple areas of business, while a master's in business analytics offers more focused business intelligence and data analysis courses. Deciding which is best depends on your career goals.

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