Best Business Statistics Programs

Learn about the top bachelor's in business statistics programs. Whether you want to attend class online or in person, this ranking can help you decide.

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by Tessa Cooper

Published on July 11, 2022

Edited by Kristina Beek
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Business statistics combines mathematical, leadership, and strategy knowledge. If you have an interest in these topics, you may consider a bachelor's degree in this subject. According to the Bureau of Labor Statistics (BLS), 750,800 new business and financial jobs should open each year from 2020-2030. The median income for this field was $76,570 in May 2021.

On average, learners spend about $25,910 per year on a bachelor's degree. This figure includes all expenses, including tuition, fees, room, and board. This degree takes about four years to finish. However, an online bachelor's in business statistics may take even less time. Some of these programs follow a self-paced or accelerated format.

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Ready to start your journey?

Regardless of whether you want to attend class online or in person, this ranking can make your choice easier. Keep reading to learn about the top bachelor's in business statistics programs.

Our Top Pick

University of Miami - Coral Gables, Florida

Why It's #1: The University of Miami ranks as number one on our best bachelor's in business statistics programs list. When ranking this program, we considered several factors, including the school's high graduation rate of 83%. The school offers the same tuition rate of $55,440 for both in-state and out-of-state learners. This may exceed the tuition rate at public colleges and universities. However, 74% of learners receive financial aid. This private institution features a relatively low 12-to-1 student-to-faculty ratio.

Read Our Rankings Methodology

Best Accredited Bachelor's in Business Statistics Programs

Rankings compiled by the BestColleges Ranking Team

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#1

University of Miami

School Information
Location Coral Gables, Florida
Admission Rate 27%
Graduation Rate 83%
Instituation Type Private
Accreditation Yes Southern Association of Colleges and Schools Commission on Colleges
Percent Online Enrollment 22% Percentage of all students who are enrolled online.

On Campus | Scheduled Classes

Avg. Tuition per Year
In-State |$55,440
Out of State | $55,440

Credits to Graduate
120

Program Information
Degree-Completion Program | No
Program Accreditation | Association to Advance Collegiate Schools of Business International

UM's bachelor of science in business administration offers a specialization in business analytics. This degree covers topics like quantitative and statistical foundations. Learners practice using tools and techniques that help understand and predict business outcomes. The coursework covers how to use data for decision-making in the business field. 

To apply to UM, aspiring learners must submit official high school transcripts and a recommendation letter along with their application. A former teacher or school counselor must write the recommendation letter. Other admission requirements include official test scores and financial aid documents. 

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#2

The University of Tennessee-Knoxville

School Information
Location Knoxville, Tennessee
Admission Rate 79%
Graduation Rate 72%
Accreditation Yes Southern Association of Colleges and Schools Commission on Colleges
Percent Online Enrollment 36% Percentage of all students who are enrolled online.

On Campus | Scheduled Classes

Avg. Cost per Credit
In-State | $473
Out of State | $1,245

Credits to Graduate
120

Program Information
Degree-Completion Program | No
Program Accreditation | Association to Advance Collegiate Schools of Business

UT Knoxville offers a bachelor of science in business administration and business analytics. This program provides information on data analysis and computer models. Learners discover how to use data to make responsible business decisions. Throughout their studies, students hone their quantitative and interpersonal skills. 

Admission requirements include submission of standardized test scores and a $50 application fee. Applicants must also submit one essay based on one of seven optional prompts.

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#3

Drexel University

School Information
Location Philadelphia, Pennsylvania
Admission Rate 75%
Graduation Rate 69%
Instituation Type Private
Accreditation Yes Middle States Commission on Higher Education
Percent Online Enrollment 38% Percentage of all students who are enrolled online.

On Campus | Scheduled Classes

Avg. Tuition per Term
In-State | $18,865
Out of State | $18,865

Credits to Graduate
186

Program Information
Degree-Completion Program | N/A
Program Accreditation | N/A

Drexel provides a business analytics degree as a co-major. This means learners can select another major within the school's College of Business. A few optional majors to pair with this degree include business economics, accounting, and finance. The business analytics portion focuses on statistics, operations research, and management information systems. Learners also hone their econometrics skills and discover how to model data. 

To gain admission, applicants must pay a $50 fee. The application requires a 250-650 word essay based on a chosen prompt. Like most colleges, Drexel also requires a recommendation letter and official transcripts. In addition, the college of business requires three years of mathematics and one year of laboratory science. 

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#4

Elizabethtown College

School Information
Location Elizabethtown, Pennsylvania
Admission Rate 81%
Graduation Rate 69%
Instituation Type Private
Accreditation Yes Middle States Commission on Higher Education
Percent Online Enrollment 13% Percentage of all students who are enrolled online.

Hybrid or In Person | Scheduled Classes or Self-Paced Classes

Avg. Tuition per Year
In-State | $35,020
Out of State | $35,020

Credits to Graduate
125

Program Information
Degree-Completion Program | No
Program Accreditation | Accreditation Council for Business Schools and Programs

Elizabethtown College's bachelor of science in business analytics includes a well-rounded curriculum. Learners take courses in marketing, accounting, and economics in addition to the data science and statistics classes. Learners discover how mathematics plays a role in business decisions. This program takes place on campus. 

For admission, this college requires an application form, letter of recommendation, and official high school transcripts. Standardized test scores are not a requirement for this program. 

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#5

Arizona State University-Downtown Phoenix

School Information
Location Phoenix, Arizona
Admission Rate 82%
Graduation Rate 58%
Accreditation Yes Higher Learning Commission
Percent Online Enrollment 57% Percentage of all students who are enrolled online.

On Campus or Hybrid | Scheduled Classes or Self-Paced Classes

Avg. Cost per Credit
In-State | $784
Out of State | $1,248

Credits to Graduate
120

Program Information
Degree-Completion Program | No
Program Accreditation | Association to Advance Collegiate Schools of Business

ASU offers a fully online bachelor of science in business data analytics. This program includes 41 courses that cover topics like identifying trends and tracking business metrics. Learners practice using digital tools that convert data into understandable information. 

ASU sets minimum GPA and test score requirements for first-year students. To gain admittance, applicants must graduate in the top 25% of their class. Or, they must possess at least a 3.0 GPA or have an SAT score of 1120 or an ACT score of 22. Non-Arizona residents must have an ACT score of 24. 

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#6

Hofstra University

School Information
Location Hempstead, New York
Admission Rate 68%
Graduation Rate 65%
Instituation Type Private
Accreditation Yes Middle States Commission on Higher Education
Percent Online Enrollment 12% Percentage of all students who are enrolled online.

On Campus | Scheduled Classes

Avg. Tuition per Term
In-State | $27,107.50
Out of State | $27,107.50

Credits to Graduate
120

Program Information
Degree-Completion Program | No
Program Accreditation | The Association to Advance Collegiate Schools of Business

Learners can earn a bachelor of business administration at Hofstra University. This program covers topics like database management and business analytics fundamentals. Students also practice using spreadsheets for business analytic purposes. This program also touches on computer programming principles. Program participants choose between a Java, Python, or R course. 

This school requires an application form, a $70 application fee, high school transcripts, and official test scores. Aspiring learners also need to turn in a recommendation letter written by a guidance counselor. Hofstra only admits about 62% of applicants. 

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#7

Ball State University

School Information
Location Muncie, Indiana
Admission Rate 77%
Graduation Rate 67%
Accreditation Yes Higher Learning Commission
Percent Online Enrollment 44% Percentage of all students who are enrolled online.

On Campus | Scheduled Classes

Avg. Cost per Credit
In-State | $326
Out of State | $326

Credits to Graduate
120

Program Information
Degree-Completion Program | No
Program Accreditation | Association to Advance Collegiate Schools of Business

Ball State students can earn a bachelor's in business analytics. During their studies, learners complete 69 credits. Covered topics include micro and macroeconomics, business law, data visualization, and data mining. This program allows students to select nine elective credits, which means learners can tailor their studies to meet their specific career goals.  

Students must submit their high school transcripts to earn admittance. The school allows learners to turn in their SAT and ACT scores, but it is not a requirement. Ball State accepts students with an average 3.5 GPA.

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#8

Liberty University

School Information
Location Lynchburg, Virginia
Admission Rate 51%
Graduation Rate 47%
Instituation Type Private
Accreditation Yes Southern Association of Colleges and Schools Commission on Colleges
Percent Online Enrollment 92% Percentage of all students who are enrolled online.

100% Online, Hybrid, or On Campus | Self-Paced Classes or Scheduled Classes

Avg. Cost per Credit
In-State | $390 (full-time online), $455 (part-time online), $815 (part-time on campus)
Out of State | $390 (full-time online), $455 (part-time online), $815 (part-time on campus)

Credits to Graduate
120

Program Information
Degree-Completion Program | Yes
Program Accreditation | N/A

Liberty offers a bachelor's in business analytics. This 120-credit program takes learners about 3.5 years to finish. Each course lasts about eight weeks. The coursework combines data analytics and business administration principles. Students learn how to use data to make informed business decisions.  

Half of the students this Christian university enrolls either has a high school GPA ranging between 3.15-3.83 or a high SAT or ACT score. The SAT scores range from 1020-1220, and the ACT scores range from 20-27.

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#9

St John's University-New York

School Information
Location Queens, New York
Admission Rate 72%
Graduation Rate 63%
Instituation Type Private
Accreditation Yes Middle States Commission on Higher Education
Percent Online Enrollment 22% Percentage of all students who are enrolled online.

On Campus | Scheduled Classes

Avg. Cost per Credit
In-State | $1,541-$1,607 per credit
Out of State | $1,541-$1,607 per credit

Credits to Graduate
120

Program Information
Degree-Completion Program | No
Program Accreditation | Association to Advance Collegiate Schools of Business 

St. John's offers a bachelor of science in business analytics. This program focuses on using evidence-based data for business decision-making. Learners take courses on big data, data mining, and business research methods. The program also allows learners to select courses from a list to tailor their studies. This includes choosing from a list of electives like data and database management, computer and business software, and business data communication. 

To gain admittance to St. John's, learners must send their official high school transcripts and standardized test scores. However, applicants who do not want to turn in their SAT or ACT scores have options. Instead, they can send a personal essay, recommendation letter, and resume. 

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#10

Widener University

School Information
Location Chester, Pennsylvania
Admission Rate 72%
Graduation Rate 65%
Instituation Type Private
Accreditation Yes Middle States Commission on Higher Education
Percent Online Enrollment 37% Percentage of all students who are enrolled online.

On Campus | Scheduled Classes

Avg. Tuition per Year
In-State | $50,624
Out of State | $50,624

Credits to Graduate
122

Program Information
Degree-Completion Program | No
Program Accreditation | Association to Advance Collegiate Schools of Business

Widener offers a business analytics bachelor's degree. The multi-disciplinary program covers topics like capturing and analyzing data and information technology management. Learners can even opt for the accelerated version that combines a bachelor's degree with a master's degree. This program only takes five years to finish. 

Aspiring Widener students must submit an online application and official transcripts. This university allows applicants to choose between writing an essay or turning in their SAT or SAT scores.

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Popular Online Business Statistics Programs

Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.

How We Rank Schools

Each year, the BestColleges Ranking Team evaluates hundreds of programs to produce our annual Best Online Bachelor's in Business Statistics ranking. In 2022, the team sourced the most recent data available from the Integrated Postsecondary Education Data System and College Navigator, both of which are hosted by the National Center for Education Statistics. We identified 33 schools that qualify for our ranking list based on the following criteria.

To ensure the accuracy and quality of our final ranked list, the ranking team reviewed each qualifying school to ensure it met the criteria for our ranking, and then applied our proprietary ranking methodology to identify the best schools offering this program in the nation. Each school is ranked based on a formula measuring academic factors (60%) and affordability (40%).

The BestColleges Ranking Team is made up of contributors from our data science and product management teams. These contributors operate independently from the editorial team. All BestColleges school rankings are produced by the ranking team and are free of editorial influence. Read our Editorial Policy and Standards to learn more.

BestColleges' Ranking Factors

Frequently Asked Questions About Business Statistics Programs

Is a bachelor's in business statistics worth it?

Due to a higher-than-average income and job outlook, many people find a bachelor's in business statistics degree worth the effort. Graduates often pursue jobs as management analysts. The BLS reports these professionals earned a median income of $93,000 in May 2021, which exceeds the median wage of $45,760 for all jobs. Additionally, the BLS projects the need for business analysts to grow by 14% from 2020-2030, faster than the average growth rate of 8% for all occupations.

The answer to this question also depends on a person's job satisfaction. Typically, people who enjoy statistics and analytical thinking enjoy working in this field.

What can I do with a bachelor's in business statistics?

Management analyst positions relate the closest to this degree. However, graduates can work in multiple types of business roles with this degree. Similar jobs include budget, market research, and operations analyst positions. These professionals use statistics to make recommendations to increase profits and efficiency.

What continuing education is available for business statistics graduates?

This business field evolves constantly. Business statistics professionals must stay updated on industry trends to make quality recommendations. Pursuing continuing education is one way to stay on top of advancements. Professionals can do so by earning an additional degree or certificate. Or, they can earn a professional certification or join professional organizations.

Many schools offer master's degrees or certificates in business statistics. Professional organizations like the American Statistical Association host networking conferences. These groups often distribute informative publications and host training sessions and webinars.

How much money can I make with a bachelor's in business statistics?

In general, business and financial occupations pay higher than average. According to the BLS, the median income for all business and financial occupations was $76,570 in May 2021. So, graduates might find many options for high-paying jobs.

Earning potential varies based on position type, years of experience, and location. Employers in areas with higher living expenses often pay more. Additionally, professionals with more years of experience sometimes earn more. Pursuing additional higher education may lead to raises.

What are the highest-paying jobs with a bachelor's in business statistics?

Finance jobs tend to pay the highest. Personal finance advisors earned a median income of $94,170 in May 2021, according to the BLS. However, financial managers earned even more, with a median income of $131,710 in May 2021.

According to the BLS, these positions only require a bachelor's degree. However, earning a master's degree may lead to more income. According to June 2022 Payscale data, professionals with a master's in business analysis earned an average of $75,000 per year. Comparatively, people with a bachelor's in business data analysis earned an average of $67,000 annually.

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