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Updated on 12th December, 2023 , 7 min read
MBA Business Analytics is a 2-year course that trains the candidates about Management Information Systems, Human Resource Management, Financial Accounting, etc. The eligibility of this course is the candidates must have secured a minimum of 50% in their graduation. Furthermore, to get admission in MBA Business Analytics in India, one will have to qualify the entrance exams like MAT, XAT, GMAT and CMAT. The MBA Business Analytics syllabus is based on several topics such as Financial Accounting, Financial Analytics, Marketing Management, Optimization Analytics, Organizational Behaviour, etc.
There are many institutes in India that offer this course. MBA Business Analytics institutes include SPJIMR, NMIMS, Amity University, etc. After qualifying the course, the candidates will be able to get many jobs. The MBA Business Analytics jobs scope consist of Quantitative Analyst, Project Manager, Data Mining Expert, etc. Furthermore, the MBA Business Analytics salary averages around INR 10 LPA – 17 LPA. Moreover, to get complete details about MBA Business Analytics, read the complete article below.
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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 |
Know More About- MBA Specializations
MBA in Aviation | MBA in Banking and Finance | MBA In Biotechnology | MBA In Digital Marketing |
MBA In Business Management | MBA In Data Science | MBA In Entrepreneurship | MBA In Event Management |
MBA In Hospital Management | MBA In HR | MBA In International Business | MBA In IT |
MBA In Operations Management | MBA In Project Management | MBA In Supply Chain Management | ---- |
High Demand for Business Analytics Professionals
The demand for professionals with business analytics skills is on the rise, and this trend is expected to continue in the coming years. According to a report by the World Economic Forum, data analysts and scientists are among the top emerging jobs in the world. An MBA in Business Analytics can help professionals capitalize on this trend and take advantage of the growing demand for skilled data professionals.
It is essential to give an entrance exam to gain admission into MBA Business Analytics and make the cut off selected by the university or college.
Students should check which entrance tests are accepted by the college they wish to apply to and give those.
Some of the other MBA Business Analytics Entrance Exams are:
Entrance Exam | Registration Date | Exam Dates |
ATMA | 1st week of June 2023 | July 23, 2023 |
CAT | August 3, 2023 | November 26, 2023 |
CMAT | February 13, 2023 | To be Announced |
GMAT | To be Announced | To be Announced |
NMAT | September 2023 | November 2023 |
SNAP | 2nd week of August 2023 | 2nd week of December 2023 |
XAT | To be Announced | To be Announced |
The sections from which the questions are made in the management entrances are as follows:
In order to clear tough entrances like CAT, MAT, XAT, NMAT, here are a few preparation tips for you-
Following are the tips to for you to secure an admission into a good MBA Business Analytics college in India:
Professionals with an MBA in Business Analytics are highly sought after by organizations across various industries, including healthcare, finance, retail, and e-commerce. The average salary for professionals with business analytics skills is also higher than the average salary for professionals in other fields. According to Glassdoor, the average salary for a data analyst in the United States is around $76,000 per year, while the average salary for a business analyst is around $81,000 per year.
Skills that are in Demand
An MBA in Business Analytics equips professionals with a diverse range of skills that are in high demand in today's job market. These skills include data analysis, data visualization, statistical analysis, machine learning, and business intelligence. These skills can help professionals stand out in a crowded job market and take on challenging roles in their organizations.
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 |
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 |
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:
MBA Business Analytics Syllabus- Semester 1 | MBA Business Analytics Syllabus- 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 |
MBA Business Analytics Syllabus- Semester 3 | MBA Business Analytics Syllabus- 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 |
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 |
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 |
An MBA in Business Analytics can help professionals advance their careers and take on leadership roles in their organizations. With the skills and knowledge gained through an MBA in Business Analytics program, professionals can become valuable assets to their organizations and contribute to their growth and success.
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By - Nikita Parmar 2023-08-25 09:48:44 , 11 min readMBA Business Analytics is a postgraduate degree program that prepares students for the intersection of business and technology.
Studying MBA Business Analytics opens doors to a range of exciting career opportunities, including data analyst, business analyst, data scientist, and more. It’s also a field with high demand and growth potential.
Eligibility criteria vary depending on the university or institution offering the course, but typically require a bachelor’s degree with a minimum percentage score, work experience, and proficiency in English.
Common entrance exams for MBA Business Analytics include CAT, GMAT, XAT, and MAT.
Pursuing an MBA in Business Analytics provides valuable skills and knowledge in data analysis, which can help in making informed business decisions. It also improves job prospects and earning potential.
The duration of an MBA in Business Analytics program typically ranges from 1-2 years, depending on the institution.
The course structure of MBA in Business Analytics typically includes foundational business courses, data management, statistical analysis, and machine learning.
Yes, many universities and institutions offer online MBA in Business Analytics programs for working professionals.
The job outlook for MBA Business Analytics graduates is excellent, with high demand and growth potential in industries such as healthcare, finance, technology, and more.
Salaries for MBA in Business Analytics graduates vary depending on the job and industry, but can range from INR 5-15 lakhs per annum.
The future scope of MBA Business Analytics is promising, with increasing demand for data-driven decision making in businesses across industries.
Yes, pursuing a PhD in Business Analytics is a viable option for those who wish to specialize further in the field and pursue academic research.
Career paths for MBA in Business Analytics graduates include data analyst, business analyst, data scientist, marketing analyst, and more.
Yes, many institutions offering MBA in Business Analytics programs offer internships and industry projects to provide students with practical experience and exposure.
Some of the popular job roles for MBA in Business Analytics graduates include data analyst, business analyst, marketing analyst, financial analyst, and operations analyst.
An MBA in Business Analytics is a more comprehensive program that covers not only analytics but also other areas of business, such as finance, marketing, and operations, while an MS in Business Analytics is more focused on analytics and its technical aspects.
Yes, there are various scholarships available for MBA in Business Analytics students, both from the government and private organizations, which can help them fund their education.
An MBA in Business Analytics can help you in your career by providing you with a strong foundation in analytics and other areas of business, which can lead to various career opportunities and higher salaries. Additionally, the skills and knowledge gained through the program can help you make data-driven decisions and solve complex business problems.