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MBA in Business Analytics - Eligibility, Course, Admission, Subjects, Exams, Top Colleges, Fees

MBA in Business Analytics - Eligibility, Course, Admission, Subjects, Exams, Top Colleges, Fees

Edited By Moksh Dheri | Updated on May 29, 2024 04:20 PM IST

MBA in Business Analytics is a two-year degree programme at a postgraduate level and is related to business and administration. Business Analytics is a field that is concerned with collecting, managing and describing data from various data sets. In India, approximately 107 colleges offer admissions to the MBA Business Analytics degree programmes.

In IIM Ranchi for the academic year 2022-2024 the highest package was 34.91 LPA and the average CTC was Rs. 19.33 LPA. Since an MBA is a very expensive degree, the return on investment is also on the higher side. CAT, MAT, GMAT, XAT, and NMAT are the popular exams.

The course provides the students with the training in the technical skills, business fundamentals, and managerial principles and skills. Some of the popular subjects a student studies in an MBA Business Analytics course are Financial Management Accounting, Managerial Economics, and Advanced Statistical Techniques.

In India, some of the well-known management institutes in India are KJC Bangalore, IIKM Chennai, Pacific Institute of Management, and DYPUSM Mumbai. To be eligible for the MBA degree in Business Analytics, the student should have successfully cleared their BBA degree in management or similar specialisations.

Highlights: MBA Business Analytics

ParticularsValues

Degree Name

MBA in Business Analytics

Degree Type

Postgraduate

Degree Duration

Two year

Semester

Four

Entrance Exams

CAT, MAT, GMAT, CMAT, XAT, NMAT

Eligibility Criteria

Bachelor’s degree

Admission process

Direct admission and based on the entrance examination

Fees for the entire duration

Rs. 97,540 to Rs. 21.10 Lakhs

Average Salary

Rs. 9.7 LPA (Business Analyst)

Job profiles

Supply Chain Manager, Logistician, Operations Manager, Logistics Manager

Top recruiters

HDFC, TCS, DELL, Flipkart, Amazon, Larsen and Toubro Ltd, Anchor Electricals, Biomax Fuels Ltd, Accenture, Nokia, Toyota and Proctor and Gamble.


Eligibility for MBA in Business Analytics

Students can apply for an MBA in Business Analytics after fulfilling the eligibility details. Candidates can visit the official website to learn more about the course requirements. Listed below are the eligibility criteria for an MBA degree programme in Business Analytics.

  • Students should have passed their bachelor's in any degree such as B.E/B. Tech, BCA, BBA from a recognised university in India.
  • They should score a minimum aggregate score of 60 per cent. Students belonging to the reserved categories may get relaxation of up to 5 per cent depending on the
  • Some management colleges also require work experience of one to two years.
  • Candidates should clear the entrance exams and meet the cutoff requirements of the college.

Admission Process for MBA Business Analytics

MBA Business Analytics is in great demand amongst the aspirants. There is fierce competition for admissions since the applicants are in huge numbers. Many leading IIMs in India also provide an MBA degree in Business Analytics. The admission process may differ based on the institute. Mentioned below is the enrollment procedure for an MBA in Business Analytics.

  • Admissions to the MBA Business Analytics course are determined by eligibility criteria, which differ from university to university based on reputation and ranking.
  • The admissions process is either merit-based or direct. Candidates have to appear for the entrance exams to get admission to the leading universities.
  • The cutoff score is determined by the difficulty level of the examination, the number of candidates appearing for the examination, and the stature of the institute.
  • Once clearing the entrance examination, students can choose the college based on their cutoff score and submit the course fees along with the relevant documents.

Top Entrance Exams for MBA Business Analytics

MBA in Business Analytics aspirants can apply for admission to leading institutes by appearing for the relevant entrance examinations. Admissions will be granted based on the merit score, and grades in their graduation. Some colleges may also conduct aptitude tests, group discussions or personal interviews as part of the admission requirements.

Exam NameExam LevelConducting BodyExam Schedule

CAT

National Exam


Indian Institute of Management Lucknow

CAT Exam Schedule

MAT

National Exam

All India Management Association

MAT Exam Schedule

CMAT

National Exam

National Testing Agency (NTA)

CMAT Exam Schedule

XAT

University/National Level

XLRI Jamshedpur

XAT Exam Schedule

SNAP

University/National Level

Symbiosis International University

SNAP Exam Schedule


Cutoff of Top MBA Business Analytics Colleges

The MBA Business Analytics cut-off marks are the minimum percentage that the candidates must obtain to get admission. The cutoff score of an entrance exam is prepared in terms of percentile. Cutoff score differs based on the number of applicants, the difficulty level of the examination, and based on the stature of the educational institute.

Skills Required for MBA Business Analytics

Since the scope of MBA Business Analytics is expanding, the course will help the students advance in their careers. For this, the students require certain skill sets that will not only help them in their academics but also in their future career options. In this section, we have listed the important skills that a student should have if he or she is interested in pursuing an MBA in Business Analytics course.

  • Good Communication
  • Interest and Aptitude for Management
  • Good Analytical skills
  • Data Visualisation
  • Time Management skills
  • Leadership skills

MBA in Business Analytics Subjects/Syllabus

Every college and university has a different syllabus and curriculum. The MBA course in Business Analytics has four semesters with different subjects in each semester. The course curriculum includes subjects related to management, marketing, organisation, and finance. Here, in the table below, we have mentioned the MBA in Business Analytics syllabus of the University of Petroleum and Energy Studies.

Semester 1

Organisational Behavior

Business Communication

Accounting for Managers

Economics & Management Decisions

Accounting for Managers

Principles & Practices of Management

Quantitative Methods

Business Modelling with Spreadsheets

Data Environment

-

Semester 2

Human resource management

Data Management

Financial Management

Business Analytics

Operations Management

Business Intelligence

Business Research Methods

Program Elective I

Operations Research

Open Elective

Executive Communication

Industrial Visit

Semester 3

Strategic Management

Programming for Analytics

Executive Communication Pro

Supply Chain Analytics

Data Visualization - Powered by Tableau

Energy Analytics

Big Data Analytics

Open Elective I

Marketing Analytics

Program Elective II

Predictive Modeling - Powered by AWS Educate

Summer Internship

Dissertation-I


Semester 4

Enterprise Risk Management

Social & Web Analytics

Legal Aspect of Business

Consultancy Management

Dissertation II

-

Fee Structure of MBA in Business Analytics

The course curriculum of the MBA in Business Analytics consists of two years with four semesters. The fee for both the academic years may be different depending on the institute. Many colleges in India also provide scholarships to deserving candidates. Generally, the fees for an MBA degree in Business Analytics range anywhere between Rs. 97,540 to Rs. 21.10 Lakhs.

Scope of MBA Business Analytics

Business Analytics is the process of facilitating decision-making and assisting in tracking the progress of their projects. This is one of the reasons why a business analytics MBA has become so important in today's world. Business analytics assists in tracking metrics and employee productivity, which has a significant impact on businesses and allows them to grow and innovate more.

Candidates after completion of the MBA will get jobs in domains like descriptive analytics, predictive analysis, and prescriptive analytics. Students who are interested in studying further can also opt for a PhD in Business Analytics or related disciplines.

MBA in Business Analytics Career Options

Business Analytics can be used in any industry to solve the problems. With increased internet penetration, business analytics has become prevalent in areas such as forecasting and data analysis. After completing an MBA in Business Analytics, students can apply for many career options such as:

Data Analyst: Data Analysts are professionals who are in charge of organising data into sales figures, market research, logistics, and linguistics. They rely on technical expertise to ensure data figures are accurate and of good quality.

Business Analyst: A Business Analyst is a professional who is responsible for studying business data and manipulating the data in simpler format to be easily understandable.

Top Recruiters

  • Accenture
  • HP
  • IBM
  • Cognizant
  • Tata Consultancy Services
  • American Express

Benefits of Studying MBA in Business Analytics

An MBA in Business Analytics will assist the candidates in upskilling and staying updated with the latest innovations in the business industry. Some of the recent examples are big data analytics, SQL, Python, and programming languages. Concepts such as business ethics, organisational behaviour, business management, principles and marketing management are also covered in the course curriculum.

Salary available after MBA in Business Analytics

The MBA graduates can expect to earn handsome salary packages once they have completed their MBA degree in Business Analytics. The initial salary of the graduate may be lower, but as he or she progresses and their experience increases, they will earn a decent salary package. In this section, we will list the average salary of an MBA in Business Analytics.

Job ProfilesAverage Salary

Data Analyst

Rs. 7 LPA

Business Analysts

Rs. 6.8 LPA

Qualitative Analyst

Rs. 12 LPA

Note: These salary figures may vary depending on various factors, such as designation, experience, skills, and job location.

Browse Popular MBA Colleges By Location

Browse Popular MBA Colleges By States

List of Top Colleges in India Offering MBA in Business Analytics

In India, many MBA colleges are offering various specialisation courses. For Business Analytics in India. These colleges have an excellent reputation for providing high-quality education. In the following table, students will find a list of top MBA Business Analytics colleges in India along with their respective fees.


Top Private MBA in Business Analytics Colleges

There are many private MBA colleges in India. The top private MBA colleges in India are well-known throughout the country, and some are included in the NIRF's ranking of the country's top MBA colleges.

CollegesFees

Kristu Jayanti College, Bengaluru

Rs. 9.10 Lakhs

Amity Business School, Noida

Rs. 3.36 Lakhs

Pacific Institute of Management, Udaipur

Rs. 5 Lakhs

School of Management, Dr DY Patil University, Navi Mumbai

Rs. 10.50 Lakhs

Symbiosis Institute of Business Management, Bengaluru

Rs. 18.90 Lakhs


Top Government MBA in Business Analytics Colleges

There are also few government colleges to pursue MBA courses. Students studying in these colleges will have the benefit of scholarships. The candidates can complete graduation with less budget by studying at these colleges.

CollegesFees

Delhi School of Economics, University of Delhi, Delhi

Rs. 97,540

University School of Management and Entrepreneurship, Delhi Technological University, Delhi

Rs. 4.19 Lakhs

Deakin University GIFT City Campus, India

Rs. 21.10 Lakhs

School of Management Studies, University of Hyderabad, Hyderabad

Rs. 1.67 Lakhs

School of Data Science and Forecasting, Devi Ahilya Vishwavidyalaya, Indore

Rs. 2.12 Lakhs


MBA Business Analytics is a course that provides students with various career options. Those who have completed their degrees can opt for career options such as Financial Analyst, Investment Banker, Economist, Business Analyst, and manager. The average salary of a Business Analyst in India is Rs. 9.7 LPA depending on the company and the experience of the candidate.

Frequently Asked Question (FAQs)

1. What does an MBA in business analytics do?

Graduates of a business analytics MBA program are business leaders who understand how to use data analytics software, interpret the results, and apply their findings to the decisions they make as business leaders.

2. Is business analytics a good career?

The incredible amount of data now available to businesses has propelled the field of business analytics to new heights. According to a recent study, 59 percent of companies worldwide use big data analytics, making now an excellent time to pursue a career in business analytics. 

3. Is it worth doing an MBA in business analytics?

Yes, Data has become an essential part of business, from marketing managers seeking customer data to financial analysts calculating investment decisions. 

4. What is an MBA in business analytics salary?

Business Analytics salaries in India range from Rs 1,09,000 Lakhs to Rs 26,09,000 Lakhs, with an average annual salary of Rs 6,04,000 Lakhs based on their experience.

5. Which MBA is the highest paid?

MBA programs in Business Analytics, Finance, and Entrepreneurship are available. Salary ranges for each of these disciplines range from Rs 7,00,000  to Rs 9,00,000.

6. What can you do after an MBA in Business Analytics?

There are numerous opportunities after MBA in business analytics. Marketing Manager, Personal Financial Advisor, Financial Analyst, Management Analyst, Business Intelligence Analyst and Business Analytics Specialist are the few career options after MBA.

7. What is the eligibility for MBA in Business Analytics?

Candidates must have a bachelor's degree from a recognised institute with a minimum aggregate of 50 percent for general category candidates and 45 percent for SC/ST candidates. Prior to being admitted to the MBA in Business Analytics programme, candidates must have completed a bachelor's degree in any field.

8. Is business analytics a high paying job?

Business analytics assists in gaining insight into processes in order to improve decision-making strategies. Business analytics is one of the highest-paid data analytics jobs.

9. Who is eligible for pursuing MBA in business analytics?

As previously mentioned, a graduation degree is mandatory. SQL query writing knowledge and experience. Expert knowledge of programming languages. They must be capable of effective communication and negotiation. 

10. Who are the top recruiters who hire candidates after MBA in business analytics?

In MBA colleges the highest recruiters were Amazon, BCG, Cipla , Accenture Strategy, BMW, and Cisco.

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