10 Best Business Analytics Courses in Canada
Would you consider studying abroad? Studying in Canada is an excellent option for people who want to experience international exposure as well as cultural diversification while pursuing their education. Business analytics courses in Canada are offered in different durations, including business analytics certificate courses, bachelor’s degree programs, and master’s degree programs. It provides both on-campus and online business analytics programs.
Canada has a solid reputation for education and high-caliber research, making it a desirable destination to study abroad. Additionally, Canada has an excellent quality of living, a simple immigration procedure, high employment opportunities, and an environment congenial to international students. These factors are crucial when deciding where to study. Over 60,000 foreign students currently study in Canada, and this figure has been rising over time.
What is Business Analytics?
Business analytics is the procedure by which organizations analyze historical business data using statistical techniques and technologies to find out new trends and make better strategic decisions.
Responsibility of a Business Analyst
A business analyst is responsible for gathering, cleaning, and analyzing raw business data to draw conclusions and provide insights that can be applied to make better business decisions. As modern firms have become more data-driven, the position of the business analyst has become crucial.
Businesses use analysts to evaluate the enormous amounts of data that they gather from various sources. This data can be obtained in the form of client feedback, financial data, logistics-related information, marketing research information, and so forth.
They evaluate data using various mathematical, statistical, and computational models and techniques before reporting their findings to the strategic decision-makers in an organization.
What Are the Different Forms of Business Analytics?
Descriptive analytics: This uncovers historical information.
Diagnostic analytics: It clarifies the reason why it occurred in the past.
Predictive analytics: It describes what is probably going to occur in the future.
Prescriptive analytics: It provides recommendations for the courses of action and choices to be made.
How Does Business Analytics Differ From Data Science?
Data science includes business analysis as one of its sub-disciplines. Business analysts and data scientists both deal with data, but each position requires a different set of abilities and tools. A business analyst should be knowledgeable in fundamental mathematics and statistics, but a data scientist should be adept in advanced statistics and predictive analysis.
A business analyst should be proficient with R, Python, and SQL programming, whereas a data scientist is a specialist in sophisticated object-oriented programming. Analytical thinking and data visualization are two crucial skills for a business analyst.
A data scientist needs to take some extra measures. Data modeling and machine learning experience are prerequisites for becoming a data scientist.
Technical Skill Sets Needed to Become a Business Analyst
- Query language or SQL
- Programming Language Python
- Statistical programming.
- Machine learning,
- Probability and statistics.
- Data management.
- Statistical visualization.
Non-technical Skills Required To Become a Business Analyst
- Analytical mindset-To create creative business solutions that fulfill the requirements of the enterprise, business analysts frequently need to think beyond the box. This approach can be facilitated by having an analytical mindset and a solid grasp of strategic thinking methods.
- Problem-solving skill-Another essential soft skill is problem-solving skill. The root cause of a problem can be identified and viable remedies can be outlined using formalized problem-solving procedures, such as the Five Whys and brainstorming.
- Excellent Communication skills-Never undervalue the importance of developing and presenting high-quality presentations on subjects like application designs, project progress, and business requirements. Senior management personnel is usually the ones attending your presentations. Your ability to make an impression on them during your presentation may have a big impact on how far you advance in your profession.
- Team Building Skills: The ability to lead formal teams is necessary for you as a business analyst. To be more effective in your current position, your ability to organize, coordinate, and lead these teams is important. Moreover, it will put you in a good position to advance to senior management roles in the future.
What Are the Job Titles Related to Business Analysts We Come Across?
- Marketing analyst.
- Processing analyst.
- Customer analyst.
- Data privacy and compliance analyst.
- Operations analyst.
- Business intelligence analyst.
- Financial reporting analyst.
- Risk analyst.
- Sports analyst.
- Healthcare analyst.
- Clinical data analyst.
What Are the Industries Where a Business Analyst is Employed?
- Finance and Accounting
- Advertising and marketing.
- Media and entertainment.
- Transport and logistics.
- Retail and marketing.
- Travel and tourism.
- Retail and e-commerce.
- Pure sciences.
Top Business Analytics Courses in Canada
1. Business Analytics Courses in Canada: UBC (University Of British Columbia) Sauder Business School
UBC Sauder Business School offers internationally recognized Business Analytics courses in Canada. AACSB (Association to Advance Collegiate Schools of Business), which offers globally renowned accreditation for business & accounting programs at the graduate, post-graduate, and doctorate levels, has granted UBC Sauder accreditation.
It is the most prestigious accreditation one institution can receive. The university holds two cutting-edge business schools, a renowned business library, and a business simulation facility. Another significant feature is the school’s location i.e Vancouver which has a sizable and thriving business community in the city.
The faculty at the school is highly qualified and experienced. With more than $10 million in research funding in recent years, the institution has a strong research program. The institution has top-notch facilities as well. Their programs, which are committed to providing world-class training, produce business leaders that drive change and influence businesses and organizations all over the world.
The following requirements must be met to enroll in the Sauder school – a three- or four-year undergraduate degree, evidence of proficiency in computer programming, statistics, and mathematics, two letters of recommendation, and a statement of purpose. A GMAT score of 550 or a GRE score of 155 is also needed for applicants. A TOEFL score of 100 or an IELTS score of 7.0 is needed for English proficiency.
Duration and Fees
It is a full-time one-year course that starts every August at their Vancouver campus and includes eight to Sixteen weeks of internship programs. The business Analytics course at Sauder School of Business is about 63261 CAD for international students.
2. Business Analytics Courses in Canada: Rotman School Of Management
Rotman School of Management under the University of Toronto offers a wide variety of course options, with specializations in marketing, finance, business administration, and accounting. They offer top-notch business analytics courses in Canada. Their Master of Management Analytics (MMA) course comes second in Canada and thirteenth in the world.
Students at Rotman have the chance to explore several business-related courses due to the school’s extensive elective offerings. The close relationships between the Rotman School of Management and the business community are an added advantage to the MMA students.
A three to four-year undergraduate degree with some mathematics coursework is the minimal requirement for the course at Rotman. It also calls for some fundamental programming knowledge. The required English language competence score is either a TOEFL of 100 or an IELTS of 7.0. High GMAT/GRE scorers will be given preference.
Duration and Fees
Master of Management Analytics (MMA) is a full-time 11 monthly course that starts every August each year. This course has an employment record of a hundred percent within six months of graduation. The Master Of Management Analytics course at Rotman is about 72630 CAD for international students.
You can also check the best:
- Business Analytics Courses in Melbourne
- Business Analytics Courses in Singapore
- Business Analytics Courses in Malaysia
- Business Analytics Courses in Nigeria
- Business Analytics Courses in Doha
- Business Analytics Courses in Amsterdam
3. Business Analytics Courses in Canada: HEC Montreal
HEC Montreal is one of the most esteemed business schools in the world. With more than a century of expertise, HEC Montreal provides a business, management, and unmatched economics curriculum. You can choose from a wide collection of courses.
Students have access to a wide range of resources, top-notch teacher,s and cutting-edge technology, in addition to traditional classroom training. They offer a Master of Science(MSc) in Data Science and Business Analytics.
An undergraduate degree, a resume, two letters of recommendation, and a statement of purpose are required for admission to HEC Montreal. The GMAT score must be at least 630 and the GRE score must be more or less equivalent to that. The necessary English language competence scores are a TOEFL of 100 or a 7.0 on the IELTS.
Duration and Fees
MSc in Data Science and Business Analytics is a course that starts every March each year. This course duration is 16- 24 months excluding preparatory classes. MSc in Data Science and Business Analytics course at HEC Montreal is about 30800 CAD for international students and 34100 CAD if you want supervised projects.
This is much lower compared to that of any other business school. They offer entrance scholarships research scholarships and different rewards in the form of fee exemptions which are lucrative to students.
4. Business Analytics Courses in Canada: Schulich School Of Business
The Financial Times and QS World University Rankings have consistently placed Schulich School of Business among the top 10 business schools worldwide. With more than 50% of its students hailing from countries outside of Canada, the school has an international orientation.
Basic eligibility requirements for the Schulich School of Business include a four-year undergraduate degree in which one of the majors was mathematics, business, computer science, economics, engineering, or science. A resume, two letters of recommendation, and a statement of purpose are additionally required. The TOEFL or IELTS score must be 100 or 7.0 to meet the English language competence requirements. High GMAT/GRE scores will give applicants a distinct advantage.
Duration and Fees
The Program fees of the Schulich School of Busine are reasonable. All Canadian Schulich business analytics students are eligible for the Vector Institute Scholarships, which are worth about CAD 17,500. The tuition is 26,730 CAD per term for the course.
The Master in Business Analytics MBAN is a full-time program comprised of three academic terms. A term is equal to one semester i.e 12 weeks. The estimated Program Cost is 84100 CAD for all terms together.
5. Business Analytics Courses in Canada: DeGroote School of Business
One of Canada’s top business schools is the DeGroote School of Business (DBSB). The DBSB, which is located at the heart of Toronto, provides a variety of undergraduate and graduate programs. The DBSB is widely regarded as one of the top business schools in the world and has a solid reputation for offering top-notch business education.
Undergraduate & graduate programs in business administration, finance, accounting, marketing, and human resources are among the many programs that the DBSB provides.
The DeGroote School of Business requires applicants to have an undergraduate degree with a minimum GPA of 8.0 out of 12.0, as well as a resume, two letters of recommendation, a statement of purpose, and at least one year of work experience. A TOEFL score of 100 or an IELTS score of 7.0 is also necessary for English proficiency. Priority will be given to students with higher GMAT/GRE scores.
Duration and Fees
This business school offers an MBA in business analytics is this business school. This 20-month course emphasizes all domains of business with a special emphasis on business analytics. The deadline for applications is March every year and course fees are CAD 86,000.
6. Business Analytics Courses in Canada: Smith’s School of Business
The Ottawa-based Smith School of Business provides students with the finest education possible. The institution is well-known for its robust business programs, and some of the top leaders in the field make up its faculty. The program is created to give students the knowledge and abilities they need to succeed in the corporate world.
Business analysis, finance, marketing, and management are all included in the courses. Additionally, students have access to a variety of services, including professors who can assist them in advancing their academic careers.
The Smith School of Business requires a resume, two letters of recommendation, a statement of purpose, and a GMAT score of 650 or better as eligibility requirements. A TOEFL score of 100 or an IELTS score of 7.0 is required for English proficiency.
Duration and Fees
Smith School of Business offers a master’s in analytics program with the option of a classroom module or a blended learning structure. Therefore, this course permits you a flexible time schedule if you want to work while you are learning.
The Master of Management Analytics degree starts in April every year and costs CAD 79,900. The Vector Institute Scholarship is a program offered by this business school that assists students with their tuition.
7. Business Analytics Courses in Canada: Alberta School of Business, University of Alberta
Alberta School of Business of the University of Alberta is located in Edmonton, Alberta, Canada. The university offers postgraduate, graduate, and undergraduate business courses. The Canadian Association of Schools of Business has granted accreditation to this university.
Numerous scholarships are available through the institution, which can assist students in covering their tuition costs. The institution also provides a range of clubs and groups for students, which can aid in networking and socializing.
The university has several services geared toward students, including a fitness facility, student union, and library. The university’s campus is close to Edmonton’s commercial and entertainment districts.
The following are the eligibility requirements -a 3.0 GPA on a 4.0 scale for your undergraduate degree, a resume, two letters of recommendation, a statement of purpose, a GMAT score of 550, at least two years of work experience, a TOEFL score of 100, and/or an IELTS score of 7.0.
Duration and Fees
The cost of tuition is 57,909 CAD. In addition, the University awards scholarships to chosen individuals based on their performance and involvement in the course. However, this degree necessitates at least two years of professional experience.
8. Business Analytics Courses in Canada: University Of Calgary
The University of Calgary offers a high-quality educational experience by providing a wide choice of extension seminars, courses, & programs. It not only helps in professional development but also ensures personal enrichment. Their programs were created with part-time students in mind, allowing them to pace their education to meet your lifestyle. They currently offer Certificate in Business Analytics.
Duration and Fees
This program offers both in-person and online courses on Zoom. You can finish the program at a pace that works for you. The minimum hours required for the course is 120 and can be extended up to 220 hours if optional modules are taken.
You should devote six hours a week to studying and working on each module. The Certificate in Business Analysis should cost between $6,570 and $7,725.Included in this is the $105 admission charge.
A degree is not necessary to apply for admission to this program. You must fulfill the following prerequisites to apply:
You must be at least 18 years old. A 12th-grade diploma is recommended. Pertinent work history is recommended.
You must meet the English language competency standards if English is not your first language. A TOEFL score of 80 and an IELTS score of 6 is required.
9. Business Analytics Courses in Canada: IVEY Business School
There are no other business analytics programs in Canada like the Master of Management in Analytics offered by the IVEY business school.
- Minimum Requirement Admission requirements and criteria
- a bachelor’s degree with calculus, linear algebra, statistics, or probability coursework
- at least one programming language is known
- Experience working full-time for two to ten years
- GMAT is not necessary.
Duration and Fees
The tuition for the program is CAD 72,000 and it starts in September each year
10. Business Analytics Courses in Canada: Carleton University
The only business analytics program in Canada that allows students to work on actual problems the Master of Applied Business Analytics offered by Carleton university.
Course fees and Duration
Course fees are CAD 16,856 for the 1-year course.
To get admission to Carleton University, you need a bachelor’s degree in science, business, or engineering. Apart from that you need two-year technical experience, two recommendation letters, and linguistic proficiency in English i.e 100 on the TOEFL test, and an IELTS rating: of 7.0
Frequently Asked Questions
Q1. Why start a career in business analytics?
To assist firms in making better business decisions, business analysts make sense of data and figures. They collect, handle, analyze, and visualize different data while looking for trends, patterns, and solutions to important business issues. Their work enables the strategic team to make effective strategic decisions along the way.
Q2. What kind of companies hire business analytics professionals?
Organizations of all kinds like entertainment, media, healthcare, retail, e-commerce, finance, and technology need data analysts to help them in launching new products and improve their business processes.
Q3. What is the average salary after completing business analytics courses in Canada?
The average salary of a business analyst is $74,404 per year in Canada according to 2023 January Data, provided by indeed, com. Remuneration varies in different roles like Data Analysts, Business System Analysts, Business Intelligence Analysts, Operation Analysts, Reporting Analysts, etc.
Q4. What basic requirements must one meet to enroll in business analytics courses?
To become a Business analyst a student should hold a bachelor’s degree, preferably in information technology, maths, statistics, or computer science. As an international student, you must meet the English language competency standards.
Q5. Should I study business analytics if I don’t know or don’t like coding?
Yes, you should. Business Analyst mostly deals with more statistics and less hard-core coding. So you’re good to go.
In conclusion, obtaining a master’s or graduate certificate in business analytics from Canada will introduce you to a vast array of prospects. The top business analyst programs in Canada will teach you fundamental business analysis skills including budgeting and forecasting, pricing, variance analysis, process modeling, reporting, and stakeholder relations in addition to crucial IT procedures.
This is an excellent course to take the journey to next level if you are an international student from India who is passionate about expanding business through data-driven decision-making. We hope that this extensive list will help you get an idea of the best colleges in Canada that offer business analytics programs. Students from Canada have a phenomenal return on investment.
The location provides several opportunities for job advancement. Being a developed country, Canada offers plenty of prospects for business analysts. The country also freely offers easy citizenship, offers of permanent residence, good pay for business analysts, and many other benefits.