MBA in Business Analytics is a 2-year postgraduate course with a dual-focus course curriculum. The MBA in Business Analytics course not only educates students on the skills and techniques involved in analytics business but also focuses on the development of managerial skills in a candidate. It also focuses on many aspects such as decision analysis, artificial intelligence, marketing, statistics, predictive modelling, and many others.
At present, MBA in Business Analytics course or MBA BA is one of the most commonly spoken phrases among corporate organisations and businesses across the globe. MBA BA essentially refers to the processes and techniques which are responsible for converting data into knowledge and insights that in turn drive business decisions. Owing to the popularity of MBA in Business Analytics in the corporate world, a specialisation of the same in the course of MBA BA subject has been in popular demand too.
An MBA in Business Analytics course helps candidates in acquiring knowledge and expertise on numerous analytical tools and ultimately using them to collect and analyse data for the generation of business intelligence and also for the support of different functional areas in an organisation. MBA in Business Analytics syllabus extensively utilises explanatory and predictive modelling, statistical and quantitative analysis, fact-based management and much more.
Some other aspects that are taught in the two years-long programmes of MBA in Business Analytics include getting to learn about business metrics and delivery, data visualisation, performance management, etc. The MBA BA course provides students with a comprehensive combination of managerial and technical coursework that is needed for dealing with the future challenges in the data-driven global environment which functions entirely on technology. Nowadays, Business Analytics is being used for everything, be it solving complex business problems or simulating sporting contests. Hence, MBA in Business Analytics is quite an essential course.
MBA Business Analytics Course Details
Some of the major highlights of the course are as follows.
| Course Level | Post Graduate |
| Full- form | Master of Business Administration in Business Analytics |
| Duration | 2 years |
| Examination | Semester- based |
| Eligibility | Graduation with minimum 50% from a recognized university. |
| Admission Process | Entrance-based |
| Course Fee | INR 5- 15 LPA |
| Average Salary | INR 8- 16 LPA |
| Top Recruiting Companies | HCL, Google, Godrej, Amazon, Motorola, Oberoi, HP, Indusind Bank, etc |
| Job Positions | Data Scientist, Statistician, Predictive Modeller, Quantitative Analyst, Project Manager, Market Research Analyst, etc |
MBA Business Analytics Colleges
Tabulated below are some of the top MBA Business Analytics Colleges in India with their average fees, salary and location.
| College Name | Location | Average Annual Fees (INR) | Average Annual Salary (INR) |
|---|---|---|---|
| Indian Institute Of Management - [Iimb] | Bangalore | 23,15,000 | 20-25.40 LPA |
| Indian Institute Of Management - [Iimc] | Kolkata | 2,70,000 | 23-24.54 LPA |
| NIT Trichy | Tiruchirappalli | 14,01,520 | 15-18 LPA |
| Great Lakes Institute of Management | Chennai | 16,00,000 | 14-20 LPA |
| Narsee Monjee Institute of Management Studies | Mumbai | 8,50,000 | 15-17LPA |
| Institute of Management, Christ University | Bangalore | 3,79,000 | 8-12LPA |
| Universal Business School | Karjat | 15, 72,805 | 7-10 LPA |
| Lovely Professional University | Jalandhar | 3,04,000 | 8-20 LPA |
| Pune Institute of Business Management | Pune | 7,95,000 | 6- 11 LPA |
| Institute of Management, Nirma University | Ahmedabad | 502,000 | 8.7-13 LPA |
College Comparison
The table drawn below is the comparison between some of the best MBA Business Analytics Colleges in India based on a few parameters like The NIRF Rankings, Fees, Salary, etc.
| Parameters | NIT Trichy | Great Lakes Institute of Management | Narsee Monjee Institute of Management Studies |
|---|---|---|---|
| Overview | NIT Trichy is one of the 31 National Institutes of Technology in India. It offers 10 undergraduate and 28 graduate programs. | Great Lakes Institute of Management is ranked among the most innovative B-schools in business for the future. It offers 2 full time and 4 corporate programs in business. | NMIMS offers courses in B.Tech, M.Tech, MBA, BBA. It also offers them in the form of diplomas, PhD and PG Diploma. |
| Location | Tiruchirappalli | Chennai | Mumbai |
| NIRF Ranking | 17 | 18 | 20 |
| Average Fees | INR 14,01,520 | INR 21,50,000 | INR 8,50,000 |
| Average Placement | INR 15-18 LPA | INR 14-20 LPA | INR 15-17LPA |
| Top Recruiting Companies | Cognizant, Amazon, Google, Intel, Microsoft, Cisco, Oracle, L&T | BFSI, IT/ITES, and Tech Consulting, Accenture Strategy & Technology, HCL, Deloitte US & India and ZS Associates | ICICI Bank, Honeywell, L&T Infotech, Kotak Mahindra Bank, Aditya Birla Capital, HDFC bank, Cognizant, Max Life Insurance, OYO |
Source: University Websites and Payscale
MBA Business Analytics Syllabus
The 2 years course is divided into 4 semesters. The syllabus consists of various MBA Business Analytics subjects like Statistical Analysis, Business Intelligence, etc.
Throughout the entire course duration, students need several industry visits as well. MBA Business Analytics Syllabus is a mixture of both theoretical and practical approaches to study.
A semester wise detailed MBA Business Analytics Syllabus is given below:
| Semester 1 | Semester 2 |
|---|---|
| Quantitative Methods | Financial Management |
| Managerial Economics | Operations Management |
| Management Information Systems | Human Resource Management |
| Financial Accounting | Financial Analytics |
| Marketing Management | Optimization Analytics |
| Organizational Behaviour | Stochastic Modeling |
| Statistical Analysis | Business Intelligence |
| Data Modeling | Research Methods |
| Computational Methods | Managerial Communication |
| Semester 3 | Semester 4 |
| Predictive Analytics | Strategic Management |
| Risk Management | Operations and Supply Chain Analytics |
| Marketing Analysis | HR Analytics |
| Data Mining | Big Data Analytics |
| Simulation Modeling | Ethical and Legal Aspects of Analytics |
| Analytics Systems Analysis & Design | Project Management |
| Industry Internship Programme | Professional Development |
| - | Elective Paper |
| - | Analytics Capstone Project |
Course Comparison
The following table holds the comparison made between MBA Business Analytics vs MS in Business Analytics on major parameters:
| Parameters | MBA Business Analytics | MS in Business Analytics |
|---|---|---|
| Qualification | Master of Business Administration in Business Analytics | Master of Business Administration in Finance |
| Course Overview | The field focuses on technical and business domains which aim to deal with technology and data driven environments. It follows a business and industry approach of study. | The field deals with management and business subjects as well as provides training in financial management. |
| Eligibility | Graduation with minimum 50% from a recognized university. | Bachelor degree from a recognized college. |
| Admission | Entrance-based | Merit + Entrance Exams |
| Average Annual Fee | INR 5- 15 LPA | INR 5-10 lakhs |
| Average Salary | INR 8- 16 LPA | INR 6- 12 LPA |
| Colleges | NIT Trichy, Lovely Professional University, Amity University, IFMR Graduate School of Business | Chennai Mathematical Institute , Christ University - Bangalore, VIT Vellore, Fergusson College Pune, etc |
Source: University Websites and Payscale
MBA Business Analytics Jobs and Career Options
Successful postgraduates can secure jobs as Business Analyst,, Business Analyst Project Manager, Data Analyst, Business Intelligence Expert, and Data Mining Expert, etc.
Industries such as Financial Services, Retail, Manufacturing, Healthcare, Oil and Gas, Social Media, Gaming, will also offer employment to candidates.
Some of the well-known employers are Accenture, HP, IBM, Cognizant, Tata Consultancy Services, American Express, and so on
The following table gives a list of the MBA Business Analytics jobs and their average salary offered in MBA Business Analytics
| Job Profile | Job Description | Average Salary in INR |
|---|---|---|
| Data Scientist | Utilise the analytical, statistical and data niche to collect, organise and solve complex problems of businesses | 15 LPA |
| Statistician | Use theoretical or applied statistics to collect, organise, summarise data to give useful information | 10 LPA |
| Market Research Analyst | Their aim is to help a company’s profits grow by using what data is available. | 8 LPA |
| Quantitative Analyst | Strategize to help maximise the efficiency of trade stocks | 9 LPA |
| Project Manager | They help manage projects and project objectives including budgets, costs, goals etc. | 12 LPA |
| Data Mining Expert | These experts are responsible building, deploying and maintaining data support tools, and database file/ table creation | 6 LPA |
| Business Analyst | They examine data and documents to understand consumer needs or to fulfil internal needs of the organisation. They make complex data comprehendible. | 11 LPA |
Source: Payscale
MBA Business Analytics Scope
The world of Business Analytics usually revolves around ‘Big Data’ and pursuing a career in this field can offer you a number of opportunities. It is predicted that by the end of year 2023, 40 Zettabytes of data will be in existence leading to a shot in career opportunities for both Business analysts and Data Scientists. MBA Business Analytics might take your career to:
After having an MBA Business Analytics degree, a student can go for higher studies as well. They can pursue M.Phil or Ph.D courses in management to not only get a better grip over the subject, but also for ample research opportunities.
Candidates Must Meet The Minimum Eligibility Criteria For The MBA In Business Analytics Course To Seek Admission. Any Candidate Who Does Not Meet The Requirements For The MBA In Business Analytics Will Not Be Considered. Therefore, Check The Eligibility Criteria Of The College Applying.
Also Read: Job Opportunities After MBA In India – Career, Scope And Salary
Valid Scores On National-level Exams Such As The CAT/MAT Will Be Considered For Admissions To MBA In Business Analytics Subject.
Working Professionals Can Also Apply For MBA In Business Analytics Admissions, Fulfilling The Above-mentioned Conditions. Additionally, They Will Have To Submit Their Work Experience Details While Filling Out The MBA In Business Analytics Application Forms Online.
Those Who Have Appeared For The Final Year Examination Can Also Apply For Admission To The MBA In Business Analytics Course.
Candidates Should Have Done Graduation From Any Stream Prior To The MBA In Business Analytics Admissions.
Candidates Must Have Completed A Bachelor’s Degree With At Least 50% Aggregate For General Category Candidates And (45% For SC/ ST Category From Any Recognized Institute.
Talk To Ex-students And Alumni Of MBA: Learn From Those Who've Gone Before You. Former MBA Students Can Provide Perspective Information On Various Tips For Preparing. Talk To Friends Who Had Completed Their MBA From Business Schools. While The School's Admissions Team Can Arrange For Campus Visits And Provide Introductions, It May Be Even Easier To Find Current Students On LinkedIn Or Instagram. Recent Grads Are Proud Of Their Achievement And Have Spread Their Good News Online On Social Media Platforms.
Read Books And Surf The Internet: What You Gain From An MBA Program Is Problem-solving And Leadership Skills. If You May Want To Build Your Career In The Business Analytics Area, You Have To Refer To Books And The Internet And Explore Them Accordingly.
Warm-Up: If You Had Taken A Break For Post-graduation Or For Preparing For Any Entrance Exam. You Might Have To Warm Up According To The Business Analytics Mind And Boost The Thinking Idea Capacity. The Warm-up Will Take Hardly 5-7 Weeks For Catching Up On The Link.
Concentration: Many Business Schools Are Not Providing The Necessary And Small Skills That Will Have To Be Captured By The Candidate On Their Own. Not Every Business School Guide About The Basis Of Last Year. Business Schools Provide The Platform To Gain More Knowledge In A Limited Period.
Mentally Prepare: Working Hard With Offers And Advantages Will Ensure Success In The Candidate's Future.
An MBA Program Helps To Develop The Leadership And Management Skills Needed To Advance Your Career. But To Achieve That Goal And Succeed In Your Program Of Choice, You First Need To Prepare Your Mindset For Business Analytics.
The Admission Procedure Despite The Specialization Remains The Same For Aspirants Of MBA. MBA In Business Analytics Course Admission Depends On Its Eligibility criteria, which Vary From One University To Another Based On Its Reputation And Ranking. The Admission Process Is Done Either Via Merit Or Through Management. Reputed Institutions Like IIM Or ISB Admit Students Only Via Merit Quota. The Cutoff Scores Are Calculated Using entrance Exam scores And Undergraduate Percentile, Which Must Be Over 80% for Premier Institutions.
Apply For The Course
Aspirants Need To Fill The Admission Form Online Or Offline By Attaching All The Documents In That Format, Including Aadhar Card Number, Address Proof, Voter ID Card, Domicile, Mark Sheet Of 10th, 12th, And The Final Year Graduation Mark Sheet.
Selection Criteria
All Shortlisted Applicants After The Group Discussion Will Appear For A Personal Interview By College/university Expertise. After The Personal Interview, Aspirants Can Verify Their Documents In College/university, And After They Can Pay Their Fees.
Candidates Must Appear For Entrance Exams To Seek Admission To MBA In Business Analytics Subject. Based On The College, Candidates Wish To Be Admitted To, They Will Have To Appear For One Of The Entrance Exams For An MBA In Business Analytics Subject. The Entrance Exams Are Conducted By The National Or State Authorities. Only A Few Colleges/ Institutes Conducted Entrance Exams At The Institute Level For Admissions To MBA In Business Analytics Subject. Candidates Will Have To Appear For Either Of The Entrance Exams. The Entrance Exams May Be Conducted Online Or Offline. However, The Application Forms Will Be Available Online.
There Are Two Ways To Approach The Entrance Exams. Either Candidate May First Appear For Any Of The Popular MBA Entrance Exams And Then Based On Colleges Accepting The Entrance Exam Score They May Apply For The Desired College For MBA In Business Analytics Subject. If Not, Another Option Is To First Shortlist Some Of The Preferred Colleges And Check The Requirements Of The Colleges. And Then Apply For The Entrance Exams Accordingly.
Here Are Some Of The Popular MBA Entrance Exams That Candidates May Appear For:
Also Read: List Of MBA Entrance Exams In India 2022-23 - Schedule, Application, Exam Pattern, Syllabus & Participating Colleges
