What field is business analytics?

Business analytics combines the fields of management, business and computer science. The business aspect entails both a high-level understanding of the business as well as the practical limitations that exist. The analytical part involves an understanding of data, statistics and computer science.

What is the difference between an MS in finance and business analytics?

An MS in Finance is a degree in a specific field whereas an MS in Business Analytics is a specific skill, which can later be applied in finance, retail, research, or any other industry. Go through the course description in each and then figure out which one interests you more versus thinking which gets you a better salary.

What is the difference between a business analyst and financial analyst?

If you love Analytics and curious about finding patterns in data. The biggest distinction between a financial analyst and a business analyst is that a financial analyst deals more with investments while a business analyst deals more with operations and management. It comes down to the field in which you feel more confident and knowledgeable.

What degree do I need to become a financial analyst/business analyst?

A business-related degree is helpful for either career, but rather than obtaining an overly broad bachelor’s in business, certain specializations can put you on an easier path to a successful career as a financial analyst or business analyst. On the finance side, preferred college majors include finance, economics, and statistics.

What is the future scope of Business Analytics in finance?

Business Analytics is the talk of the market these days and no doubt will continue to grab major market for next 15-20 years. Finance has limited applications as compared to Business Analytics cause of the reason it is domain specific. But Business Analytics has wide applications may it be IT sector, Operations or Management etc..