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Last Updated: May 19, 2024

Master's in Data Analytics in Canada

The Master in Data Analytics aims to build knowledge around the statistical, data mining, and computational methodologies that are used to store, process, and analyze large volumes of data (Big Data environments), in order to generate information and useful inputs for decision-making in organizations and contributing to the leverage of the new challenges that other disciplines assume in the current context of technological development.

The Master in Data Analytics in Canada is an interdisciplinary initiative of the departments of Mathematics, Systems Engineering, and Computer Science in areas such as mathematics, statistics, computing, and the organizational area, with the purpose of responding to the needs currently posed by the interaction of human beings with tools and technological advances in various fields. It gives rise to unprecedented growth in processing capabilities, storage, and access to knowledge and information.

Therefore, the curricular design of the master's degree is oriented towards the training of professionals with skills in the field of data mining, the management of specialized software, databases, and programming, which, is articulated to a critical view of organizational processes, will allow them to generate knowledge to support strategic decision making.

So, for professionals and executives who are or wish to become involved in the field of IT and want to deepen their (business) computer science knowledge in the context of big data, this program makes the right choice.

The Data Analytics program qualifies students for the following tasks, among others:

Types of Master's Degree in Data Analytics

There are several different categories of master's degrees in data analytics, each focusing on a specific aspect of the field. Some of the most common categories include:
  1. Master of Science in Data Analytics: This program typically covers a broad range of topics in data analytics, including data mining, machine learning, and statistical analysis. Students in this program may also learn about data visualization, data management, and data ethics.
  2. Master of Business Analytics: This program is designed for students who are interested in using data analytics to make strategic business decisions. Courses in this program may cover topics such as predictive modeling, customer analytics, and business intelligence.
  3. Master of Health Data Analytics: This program focuses on using data analytics to improve healthcare outcomes and reduce costs. Students in this program may learn about healthcare data management, clinical analytics, and healthcare informatics.
  4. Master of Financial Data Analytics: This program is geared towards students who are interested in using data analytics to analyze financial markets and make investment decisions. Courses in this program may cover topics such as risk management, portfolio optimization, and financial modeling.
  5. Master of Social Media Analytics: This program focuses on using data analytics to analyze social media data and understand consumer behavior. Students in this program may learn about sentiment analysis, social network analysis, and social media marketing.
Overall, the different categories of master's degrees in data analytics allow students to specialize in a specific area of interest within the field and gain the skills and knowledge needed to succeed in that particular industry.

Data Analytics: Career Options

Students study a selection of topics and learn how to extract relevant information from large databases and use them for critical business decisions. They also acquire the skills to develop and manage strategic marketing plans. Once the toy has a degree and experience students could be hired as:
Major recruiters are IBM, RBC, Scotiabank, Statistics Canada, CIBC, and Morgan Stanley.

Top 5 Universities for a Master's Degree in Data Analytics

1
University of British Columbia

2
University of Waterloo

3
University of Calgary

4
Toronto Metropolitan University

5
Saint Mary's University



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