MBA in Data Analytics: Key Highlights, Admission, Top Colleges, and Career Opportunities

Updated on 29th January 2024 | 12:56 pm | #MBAinDataAnalytics

The demand for skilled professionals in data analytics is booming, and an MBA in Business Analytics can be a great way to position yourself for a successful career in this field. Data-driven decision-making is becoming increasingly important for businesses of all sizes. Companies are collecting more data, and they need qualified professionals to analyze this data and translate it into actionable insights.

An MBA in Business Analytics gives you the tools you need to succeed in this industry. In addition to gaining an in-depth understanding of the various industries that use data analytics, you'll learn about modeling, statistics, data analysis, and business communication.

What is an MBA in Data Analytics?

An MBA in Data Analytics is a postgraduate program that aims to give you the technical skills of a data analyst along with the business acumen of an MBIt's perfect for people who wish to use data insights to help them make strategic decisions and drive company expansion.

MBA Data Analytics students are trained to transform semi-structured, unstructured, or structured Big Data data into actionable insights that support both operational and strategic decision-making processes.

MBA Data Analytics: Key Highlights

Feature

Description

Duration

Typically 2 years, full-time

Focus

Blends core business principles with in-depth data analysis expertise

Curriculum

Covers statistics, machine learning, data visualization, business intelligence, predictive modeling, and more

Hands-on experience

Includes projects, case studies, and real-world data analysis tasks

Career paths

Data analyst, Business intelligence specialist, Marketing analyst, Consultant, and more

Average Salary (INR LPA)

6 - 20 (entry-level)

Top Colleges

Indian Institute of Management (IIMs), Symbiosis Centre for Information Technology (SCIT),

 Great Lakes Institute of Management, SRM Institute of Science and Technology, Amity Business School

Admission Requirements

Bachelor's degree, valid entrance exam score (CAT, XAT, MAT, etc.), work experience (preferred), group discussion, personal interview

Average Course Fee (INR)

5 L - 10 L

MBA in Data Analytics: Admission Requirements

In the rapidly expanding field of data-driven decision-making, obtaining an MBA in data analytics in India opens doors to exciting career opportunities. The eligibility requirements for admission to the MBA in Business Analytics program differ from university to university and vary depending on reputation and ranking. There are two types of admissions processes: direct or merit-based. Entrance exams are required for admission to the best universities.

Here's a breakdown of the admission requirements:

MBA Business Analytics Top Entrance Exams

Several entrance exams are accepted for admission to MBA programs with a specialization in Business Analytics in IndiHere are the most common ones:

Additional factors to consider:

MBA in Business Analytics: Colleges

Over 480 colleges are offering MBA programs in Business Analytics in India, making it a competitive field with diverse options. Here's a quick overview:

College Name

Location

Approximate Annual Fees (in INR)

IIM Bangalore

Bangalore

23.8 lakhs

IIM Calcutta

Kolkata

22 lakhs

IIM Kashipur

Kashipur

18 lakhs

NMIMS Mumbai

Mumbai

24 lakhs

SPJIMR Mumbai

Mumbai

27 lakhs

NIT Trichy

Trichy

7.5 lakhs

MDI Gurgaon

Gurgaon

18 lakhs

Great Lakes Institute of Management Chennai

Chennai

19 lakhs

BITS Pilani

Pilani

14 lakhs

FORE School of Management, New Delhi

New Delhi

15 lakhs

Sunstone Eduversity

Various campuses

5-7 lakhs

Galgotias University

Greater Noida

4 lakhs

Jagan Nath University

Haryana

3 lakhs

Symbiosis Centre for Management Studies

Pune

8 lakhs

Amity University Online

Online

5 lakhs

MBA in Data Analytics: Career Opportunities

An MBA in Business Analytics opens doors to a wide range of exciting job roles across various industries. Here are some popular options:

Job Title

Description

Avg. Salary (INR)

Data Analyst

Analyze data, extract insights, prepare reports, & inform business decisions.

7-10 LPA

Marketing Analyst

Leverage data to understand customer behavior, optimize campaigns, & track effectiveness.

8-12 LPA

Business Analyst

Bridge business needs & technical solutions, analyze processes, & implement data-driven solutions.

8-15 LPA

Business Intelligence Manager

Oversee BI strategy, manage data infrastructure, develop reports, & make data-driven recommendations.

12-20 LPA

Supply Chain Analyst

Optimize operations using data, analyze inventory, predict demand, & identify cost-saving opportunities.

8-14 LPA

Management Consultant

Analyze organizational processes, identify improvement areas, & recommend data-driven solutions.

10-18 LPA

Financial Analyst

Analyze financial data, make predictions, & develop investment strategies.

9-15 LPA

Operations Analyst

Identify & solve operational challenges using statistical & mathematical methods.

7-12 LPA

Big Data Analyst

Analyze large datasets to identify trends, and patterns, & inform future decisions.

10-18 LPA

Additional Points:

Top Hiring Companies

Here are some of the top companies hiring MBA graduates with a specialization in Business Analytics in India,

Hindustan Unilever

Tata Motors

HDFC Bank

ICICI Bank

Amazon

Myntra

Swiggy

Wipro

TCS

Deloitte

Nykaa

Paytm

MBA in Data Analytics: Key Benefits

Studying business analytics offers a multitude of advantages and can be a rewarding pathway for several reasons

FAQs

MBA in Business Analytics graduates can expect competitive packages, with entry-level salaries ranging from INR 6-12 lakhs per annum, depending on factors like experience and employer.

Yes, an MBA in data analytics can be worthwhile as it equips you with both business and analytical skills, enhancing career opportunities in the rapidly evolving field of data analytics.

Eligibility criteria for an MBA in Data Analytics typically include a bachelor's degree in any discipline, relevant work experience, and qualifying scores in entrance exams like CAT, MAT, CMAT, XAT, etc.

Data analytics involves analyzing various data sets to derive insights, while digital analytics specifically focuses on digital data, such as website traffic and user behavior, to optimize online strategies.

An MBA in Business Analytics or a specialized MBA program with a focus on data analytics is ideal for aspiring data analysts, providing a strong foundation in both business and analytics.

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