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Overview
MBA in Business Analytics: Every year large chunks of data are collected over the purchase patterns, mobile apps usage, debit card purchases and more. This data enables organizations to use evaluate consumer patterns. The information is generated on the usage of the website. Globally 2.5 quintillion bytes are generated; therefore, it becomes essential to analyze the data to make business profits. The analysis of the data is necessary to elevate the consumer patterns and use them for the business's profit. With many websites launching regularly, the evaluation of consumer patterns becomes essential behind the success of Amazon is the evaluation of the customer purchase patterns that enables the seller to identify if the products are wanted by the customers or not.
Why MBA in Business Analytics?
MBA in Business Analytics is one of the most demanding professions. Top multinational agencies hire business analytics professionals to ensure they use data for generating profits for their organization. The data is the goldmine for business and, if used correctly, can provide extensive profits to the organizations. In addition, business analytics professionals can use the data generated through their websites to capture customer purchase patterns and design strategies wherever necessary. MBA in Business Analytics professionals are hired to evaluate the generated data. The raw data is then used to generate actionable information.
What is MBA in Business Analytics?
MBA in Business Analytics is a 2-year programme that practically guides the students to evaluate the data. The collected data enables organizations to identify if the information is useable for generating profits. Organizations use the generated data to understand the taste of the customers and also evaluate their purchase patterns. Evaluating the business-critical data requires specialized professionals who carefully assess the graph and make amendments to the pricing strategies of the product. Top organizations use the data generated through the internet to decide the prices of the product. MBA in Business Analytics practically prepares the students to evaluate the data and use it for generating profits
Types of Course
MBA Business Analytics Courses
MBA Business Analytics Course details are given below:
| Duration | 2 year |
| Eligibility | Bachelor’s degree with 50% marks and valid scores in any MBA exams of national level. |
| Admission Process | Merit-based as well as Entrance-based |
| Course Fee | INR 5 to 23 lakhs |
| Average Salary | INR 5 to 16 Lakhs per annum |
Admission Process
MBA Business Analytics Admission Process
MBA in Business Analytics admission process are divide into three steps:
- Apply for MBA Entrance Exams
- Attend the Entrance Exam
- Shortlisting Process
- Written Ability Test (WAT), Group Discussion (GD) and Personal Interview (PI)
Eligibility
MBA Business Analytics Eligibility
The eligibility criteria for MBA Business Analytics are as follows:
| Parameters | Description |
|---|---|
| Minimum Educational Qualification | Graduation |
| Minimum Marks | 50% (General and NC/OBC) |
| Relaxation for Reserved Categories | 45% |
| Age Limit | None |
Admission
MBA Business Analytics Admission 2021
MBA Business Analytics Admission is divide in three steps which are given below:
- Apply for the Entrance Exams (CAT, CMAT, MAT, SNAP, XAT etc.)
- Appear at Entrance Exams & Pass the Cutoff
- Final Admission Round (Written Ability Test (WAT), Group Discussion (GD) and Personal Interview (PI))
Subjects
MBA Business Analytics Subjects
List of subjects of MBA Business Analytics Subjects are as follow:
- Analytics Capstone Project
- Analytics Systems Analysis & Design
- Big Data Analytics
- Brand Management
- Business Intelligence
- Computational Methods
- Data Mining
- Data Modeling
- Ethical and Legal Aspects of Analytics
- Financial Accounting
- Financial Analytics
- Financial Management
- HR Analytics
- Human Resource Management
- Industry Internship Programme
- Management Information Systems
- Managerial Communication
- Managerial Economics
- Marketing Analysis
- Marketing Management
- Operations and Supply Chain Analytics
- Operations Management
- Optimization Analytics
- Organizational Behaviour
- Predictive Analytics
- Professional Development
- Project Management
- Quantitative Methods
- Research Methods
- Risk Management
- Simulation Modeling
- Social Entrepreneurship
- Statistical Analysis
- Stochastic Modeling
- Strategic Management
Colleges in India
MBA Business Analytics Colleges in India
The following are the colleges in India that are offered MBA in Business Analytics :
| College Name | Fees |
|---|---|
| Indian Institute of Management (IIM), Bangalore | INR 21.15 lakh |
| Indian Institute of Management (IIM), Kolkata | INR 20.0 lakh |
| ISB Hyderabad: Indian School of Business | INR 13.3 lakh |
| Great Lakes Chennai: Great Lakes Institute of Management (GLIM) | INR 21.50 lakh |
| Narsee Monjee Institute of Management Studies – (NMIMS Deemed to Be University), Mumbai | INR 28.3 lakh |
| Lovely Professional University – (LPU), Jalandhar | INR 3.04 lakh |
| Amity University, Noida | INR 28.3 lakh |
| Christ University, Bangalore | INR 3.7 lakh |
Colleges in Abroad
MBA Business Analytics Colleges Abroad
MBA in Business Analytics Abroad is trendy course in Australia, UAE, United States etc. It is 01-02 years course. The following are the colleges in Abroad (Australia, UAE, United States) that are offered MBA in Business Analytics: .
| College Name | Fees |
|---|---|
| Pace University, New York, USA | INR 56.2 Lakhs |
| University of Arizona, Tucson, USA | INR 33.1 Lakhs |
| University of South Australia, Adelaide, Australia | INR 19.3 Lakhs |
| Amity University - Dubai Campus, Dubai, UAE | INR 14.0 Lakhs |
| University of Pittsburgh, Pittsburgh, USA | INR 32.4 Lakhs |
Scope
MBA Business Analytics Scope
MBA in Business Analysis has been a priority for ages, but now the data generated through the websites are evaluated more frequently for generating profits. The gathered data is used to gather actionable sights for business profits. Today leading organizations like Wipro, TATA, TCL, HCL, HP, Hindustan Unilever, Hyundai, Maruti, ICICI, HDFC, Reliance Group, Cognizant, and many more Big Firms hire Business Analytics to evaluate the data generated through their websites. This data is used as an actionable insight that is further processed for businesses to make decisions on the units' production, sales, and manufacturing. The starting salary of businesses analysts graduates in 2015 was $100,000. The salary negotiates based on the years of experience and expertise.
Jobs
MBA Business Analytics Jobs
MBA in Business Analytics fresher can apply fob in the field of Business Analytics. Some of Job profiles are as follow:-
- Business Analyst
- Data Mining Expert
- Data Scientist
- Market Research Analyst
- Predictive Modelle
- Project Manager
- Quantitative Analyst
- Statistician
- SAS Programmer
Salary
MBA Business Analytics Salary in India
Average Salary of Some Job profiles in the Business Analytics field are as follow:
| Job profile | Average Salary |
|---|---|
| Business Analyst | ₹ 11.00 Lakhs |
| Data Mining Expert | ₹ 6.00 Lakhs |
| Data Scientist | ₹ 15 Lakhs |
| Market Research Analyst | ₹ 8 Lakhs |
| Predictive Modelle | ₹ 5 Lakhs |
| Project Manager | ₹ 11 Lakhs |
| Quantitative Analyst | ₹ 9 Lakhs |
| Statistician | ₹ 10 Lakhs |
| SAS Programmer | ₹ 7 Lakhs |
Frequently Asked Questions (FAQ)
MBA Business Analytics FAQs
Ques: What are the TOP-B Schools offering MBA in Business Analytics?
- Indian Institute of Management (IIM), Bangalore
- Indian Institute of Management (IIM), Kolkata
- ISB Hyderabad
- Great Lakes Institute of Management, Chennai
- NMIMS Mumbai
- Lovely Professional University, Jalandhar
- Amity University, Noida
Ques: What are the Career Options Will the Students Have After the Completion of the Degree?
The salary starts from 3 lakhs to 6.5 years depending on the experience you have.
Ques: What are the Top Institutes in India to Complete MBA in Aviation Management?
After the completion of the degree, the students can apply for the following roles in their preferred organization:
-
- Business Analyst
- HR Analyst
- Management Consultant
- Supply Chain Analyst
- Financial Analyst
- Marketing Analyst
- Risk Analyst
Admission 2021
MBA Business Analytics Admission 2021
MBA Business Analytics Admission is divide in three steps which are given below:
- Apply for the Entrance Exams (CAT, CMAT, MAT, SNAP, XAT etc.)
- Appear at Entrance Exams & Pass the Cutoff
- Final Admission Round (Written Ability Test (WAT), Group Discussion (GD) and Personal Interview (PI))
Admission Process
MBA Business Analytics Admission Process
MBA in Business Analytics admission process are divide into three steps:
- Apply for MBA Entrance Exams
- Attend the Entrance Exam
- Shortlisting Process
- Written Ability Test (WAT), Group Discussion (GD) and Personal Interview (PI)
Eligibility
MBA Business Analytics Eligibility
The eligibility criteria for MBA Business Analytics are as follows:
| Parameters | Description |
|---|---|
| Minimum Educational Qualification | Graduation |
| Minimum Marks | 50% (General and NC/OBC) |
| Relaxation for Reserved Categories | 45% |
| Age Limit | None |
Subjects
MBA Business Analytics Subjects
List of subjects of MBA Business Analytics Subjects are as follow:
- Analytics Capstone Project
- Analytics Systems Analysis & Design
- Big Data Analytics
- Brand Management
- Business Intelligence
- Computational Methods
- Data Mining
- Data Modeling
- Ethical and Legal Aspects of Analytics
- Financial Accounting
- Financial Analytics
- Financial Management
- HR Analytics
- Human Resource Management
- Industry Internship Programme
- Management Information Systems
- Managerial Communication
- Managerial Economics
- Marketing Analysis
- Marketing Management
- Operations and Supply Chain Analytics
- Operations Management
- Optimization Analytics
- Organizational Behaviour
- Predictive Analytics
- Professional Development
- Project Management
- Quantitative Methods
- Research Methods
- Risk Management
- Simulation Modeling
- Social Entrepreneurship
- Statistical Analysis
- Stochastic Modeling
- Strategic Management
Colleges in India
MBA Business Analytics Colleges in India
The following are the colleges in India that are offered MBA in Business Analytics :
| College Name | Fees |
|---|---|
| Indian Institute of Management (IIM), Bangalore | INR 21.15 lakh |
| Indian Institute of Management (IIM), Kolkata | INR 20.0 lakh |
| ISB Hyderabad: Indian School of Business | INR 13.3 lakh |
| Great Lakes Chennai: Great Lakes Institute of Management (GLIM) | INR 21.50 lakh |
| Narsee Monjee Institute of Management Studies – (NMIMS Deemed to Be University), Mumbai | INR 28.3 lakh |
| Lovely Professional University – (LPU), Jalandhar | INR 3.04 lakh |
| Amity University, Noida | INR 28.3 lakh |
| Christ University, Bangalore | INR 3.7 lakh |
Colleges in Abroad
MBA Business Analytics Colleges Abroad
MBA in Business Analytics Abroad is trendy course in Australia, UAE, United States etc. It is 01-02 years course. The following are the colleges in Abroad (Australia, UAE, United States) that are offered MBA in Business Analytics: .
| College Name | Fees |
|---|---|
| Pace University, New York, USA | INR 56.2 Lakhs |
| University of Arizona, Tucson, USA | INR 33.1 Lakhs |
| University of South Australia, Adelaide, Australia | INR 19.3 Lakhs |
| Amity University - Dubai Campus, Dubai, UAE | INR 14.0 Lakhs |
| University of Pittsburgh, Pittsburgh, USA | INR 32.4 Lakhs |
Fresher Jobs
MBA Business Analytics Jobs
MBA in Business Analytics fresher can apply fob in the field of Business Analytics. Some of Job profiles are as follow:-
- Business Analyst
- Data Mining Expert
- Data Scientist
- Market Research Analyst
- Predictive Modelle
- Project Manager
- Quantitative Analyst
- Statistician
- SAS Programmer
Salary
MBA Business Analytics Salary in India
Average Salary of Some Job profiles in the Business Analytics field are as follow:
| Job profile | Average Salary |
|---|---|
| Business Analyst | ₹ 11.00 Lakhs |
| Data Mining Expert | ₹ 6.00 Lakhs |
| Data Scientist | ₹ 15 Lakhs |
| Market Research Analyst | ₹ 8 Lakhs |
| Predictive Modelle | ₹ 5 Lakhs |
| Project Manager | ₹ 11 Lakhs |
| Quantitative Analyst | ₹ 9 Lakhs |
| Statistician | ₹ 10 Lakhs |
| SAS Programmer | ₹ 7 Lakhs |
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