MBA Business Analytics Course, also known as Master of Business Administration Business Analytics, is a two-year post-graduate degree. A bachelor’s degree from a recognised university with a minimum 50 per cent aggregate is required to apply for this course.
Entrance exams are used to gain admission to top MBA Business Analytics colleges such as IIMB, IIMC, NIMS, and others. Students that pass the admission exam make it to the next round of the selection process. The entrance exam differs from one institution to the next. On the other hand, CAT is one of those exams that is generally recognised in all colleges. MAT, XAT, GMAT, CMAT, and other management admission tests are among the most popular.
Students can apply for jobs as data analysts, project managers, statisticians, or predictive modellers after completing this degree. For two years, the course covers artificial intelligence, decision analysis, statistics, predictive modelling, marketing, and other topics. The course costs from INR 5- 15 LPA on average in India. The course prices, on the other hand, vary depending on the university.
Students can apply for employment as Data Scientist, Statistician, Predictive Modeler, Quantitative Analyst, and others after completing the course. These experts earn between INR 8 and 16 LPA on average. More information is available at: After an MBA, you can work in a variety of fields. HCL, Google, Godrej, Amazon, Motorola, Oberoi, HP, Indusind Bank, and others are some of the best firms to work with.
Students can choose to study further in order to get more advanced knowledge in the domain. Following a successful MBA Business Analytics degree, M.Phil. or PhD management degrees are the finest possibilities for further education.
Table of Contents
MBA Business Analytics: Course Highlights
Some of the major highlights of the course are as follows.
|Course Level||Post Graduate|
|Full- form||Master of Business Administration in Business Analytics|
|Eligibility||Graduation with a minimum of 50% from a recognized university.|
|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 Admission Process
Most premier universities, such as IIMC, IIMB, NIT Trichy, and others, provide entrance tests as part of their admissions procedure. Depending on the university, different exams are approved. CAT, MAT, CMAT, and GMAT are some of the most common entrance tests.
The steps for MBA Business Analytics Course Admission are as follows:
- Step 1: Applicants must pass an admission exam in addition to having finished high school. Apply for the admission examinations that the colleges you want to attend accept.
- Step 2: is to take the entrance exam.
- Step 3: Colleges shortlist applicants based on their scores and create cut-off lists. You must pass the cut-off in order to continue with the admissions process.
- Step 4: Once you’ve passed the exam, you’ll be asked to participate in a group discussion, an interview, or a written ability test. These are held to further assess the pupils’ abilities.
- Step 5: Once you’ve completed the admissions process, you can enrol in the college of your choice. Enrollment in college is completed after all original academic and personal documents have been verified.
MBA Business Analytics Eligibility
Students must meet the following requirements to be eligible to pursue an MBA in Business Analytics:
- Bachelor’s degree from a recognised university with a minimum of 50% aggregate (45% for SC/ST category).
- Students who are awaiting final results or who are taking their final test are also eligible to apply.
MBA Business Analytics Entrance Exams
To get admitted to an MBA Business Analytics programme, you must take an entrance exam and meet the university or college’s cutoff.
Students should find out which entrance exams the colleges they want to apply to accept and take them.
Other MBA Business Analytics Entrance Exams include the following:
- CAT is an online version of the Common Aptitude Test. It is accepted by the majority of business schools, including IITs and IIMs.
- The Management Aptitude Test (MAT) is given four times a year. It is available in both online and offline formats. NSHM Knowledge Campus, PIET, and others are among the colleges that accept it.
- NMAT: The Graduate Management Aptitude Council administers the NMAT exam. It is a 75-day online exam that takes place from October to December.
- The Common Management Admission Test, or CMAT, is a three-hour online-based exam administered by The National Testing Agency. Great Lakes Institute, IIMR Indore, and more colleges accept it.
- XAT: It has been conducted on behalf of XAMI by XLRI Jamshedpur for more than 60 years. It is a national aptitude examination.
|Entrance Exams||Exam Mode|
|MAT||Pen Paper Based/ Computer-Based Mode and Internet-Based Tes|
|NMAT||Online Computer Based Test|
How to Prepare for MBA Business Analytics Entrance Exams?
The following are the sections from which management entrance questions are derived:
- Reading Comprehension and Verbal Reasoning
- Data Interpretation and Logical Reasoning
- Reasoning Ability/Quantitative Aptitude
Here are some preparation ideas for rigorous entrance exams like the CAT, MAT, XAT, and NMAT:
- Determine which entrance exam you wish to take and write down the entire syllabus.
- For optimal results, begin prepping as soon as possible. Do not put off covering the syllabus until the last minute.
- To gain a better knowledge of the entrance exam material and the pattern it follows, take as many mock examinations as possible.
- Draw attention to the regions that are weak and those that are strong. Concentrate more on your weaker regions to avoid losing marks while attempting them.
- If the exam is approaching, but the unfinished material aside and concentrate on consolidating what you already know.
- To stay on track, make sure you stick to a schedule.
How to get admission to a good MBA Business Analytics college?
The following are some pointers to help you get into a reputed MBA Business Analytics college in India:
- Ensure that you received a good grade in your bachelor’s degree.
- Prepare for the exams by studying the syllabus that has been marked up. Use recommended literature, previous papers, and practice tests to help you.
- Make every effort to break the entrances with the necessary cut-offs.
- Even if you make the cut, you must psychologically prepare for the next phase, which consists of personal interviews and group discussions.
- Keep track of exam dates, such as registration, receiving the admission card, and exam day.
- Keep your focus on your goals and keep up with current events in the world.
MBA Business Analytics: What is it about?
To learn more about MBA Business Analytics, consider the following points:
- MBA Business Analytics is a thorough investigation of data for businesses or organisations.
- It employs statistical analysis to provide insights into their performance and to assist businesses in improving and profiting from prior data.
- Computer simulation, optimization, statistics, decision analysis, artificial intelligence, and other topics are covered in this course.
- The course is divided into two sections, one on Business Intelligence and the other on Advanced Analytics.
Business Intelligence practices include:
- Online analytical processing
Advanced Analytics practices include:
- Cluster analysis
- Data mining
- Simulation Algorithms
- The descriptive, predictive, and prescriptive analysis that gives real-time answers to company-related challenges is the major component of MBA Business Analytics.
When to do an MBA in Business Analytics Course?
It is a difficult decision to obtain an MBA in Business Analytics. This MBA in Business Analytics course is strenuous. Candidates must keep up to date with all the newest advances in the area even after completing the MBA in Business Analytics programme. As a result, when deciding to pursue an MBA in Business Analytics, one must be well prepared.
Furthermore, MBA or BA can be pursued after completing a bachelor’s degree. Working individuals with 2-3 years of experience should consider pursuing an MBA in Business Analytics. It aids in the advancement of their job chances and opportunities. Business people, entrepreneurs, and young job seekers can all benefit from an MBA in Business Analytics.
Who should do an MBA in Business Analytics?
All MBA BA graduates must develop the ability to be ambitious, far-sighted, and proactive in accepting global developments. Anyone interested in starting their own firm or establishing a steady career in the business sector can enrol in the MBA in Business Analytics programme. MBA in Company Analytics can be studied by young graduates, working professionals with 2-3 years of experience, senior business executives, or even applicants interested in a career as Data Scientists, Market Research Analysts, Project Managers, or others.
MBA in Business Analytics is a tough course, thus candidates should be ready and willing to give their best in order to achieve good results. While choosing a career path in the subject of MBA in Business Analytics may be convenient, staying on track is difficult. Candidates who choose to pursue an MBA in Business Analytics must be prepared to tackle all of the obstacles that come with it. The MBA in Business Analytics curriculum is extensive, and it necessitates a high level of concentration and dedication. Before enrolling in the MBA in Business Analytics programme, candidates should review the MBA in Business Analytics syllabus online.
Why Study the MBA Business Analytics course?
- For job chances, an MBA in Business Analytics provides skills and expertise in analytics and applied and theoretical statistics.
- Every industry, such as marketing, finance, consulting, and intelligence, can benefit from business analytics.
- Data analyst, data scientist, technical team leader, data mining expert, and qualitative analyst are just a few of the job titles available.
- These students can work for firms like Microsoft, Infosys, Wipro, Google Tata Group, Facebook, Linkedin, and others.
- Salary packages are excellent, ranging from INR 8 to 16 LPA on average.
Various firms are in great demand for MBA Business Analytics for the following reasons:
- The course enables you to get quick responses to business questions.
- A greater grasp of client behaviour emerges with an MBA in Business Analytics.
- It provides firms with on-demand business analytics reports.
MBA Business Analytics vs. MS Business Analytics: Course Comparison
The findings of a comparison of MBA Business Analytics vs. MS Business Analytics on the following essential parameters are shown in the table below:
|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 to study.||The field deals with management and business subjects as well as provides training in financial management.|
|Eligibility||Graduation with a minimum of 50% from a recognized university.||Bachelor’s 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|
MBA Business Analytics Colleges
The top MBA Business Analytics Colleges in India are listed here, along with their typical tuition, salaries, 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|
Study MBA in Business Analytics Abroad
The MBA in Business Analytics programme in other countries is very similar to that in India. Candidates must, however, pass the entrance tests in order to be admitted to MBA in Business Analytics universities overseas.
Candidates must take the Graduate Management Aptitude Test (GMAT), an international level MBA entrance test, to be considered for an MBA in Business Analytics at various colleges/universities throughout the world. Candidates will also be required to take a language exam. They must take the International English Language Testing System (IELTS), or Test of English as a Foreign Language, depending on the country and college they are applying to (TOEFL). To continue with the admission process of the specific university, candidates must achieve the minimum TOEFL, IELTS, and GMAT score requirements.
Before applying, make sure to look at the MBA in Business Analytics course fees as well as the MBA in Business Analytics syllabus of the colleges. Additionally, some universities offer scholarships, which students can apply for while completing the application form.
MBA in Business Analytics Abroad Top Colleges
|Name of College||Country Located In||Eligibility Criteria||MBA in Business Analytics Course fees(Annually) (Approximately)|
|University of East London||UK||IELTS: 6||INR 22.2 Lakhs|
|Pace University||USA||TOEFL: 80|
|INR 56.7 Lakhs|
|University of South Australia||Australia||IELTS: 6.5||INR 19.3 Lakhs|
|Saint Peter’s University||USA||IELTS: 6.5|
|INR 25.1 Lakhs|
|Ganon University||USA||TOEFL: 79|
|INR 20.9 Lakhs|
|University of Arizona||USA||IELTS: 7||INR 33. 4 Lakhs|
|Amity University||Dubai||IELTS||INR 14.1 Lakhs|
|University of Pittsburg||USA||IELTS: 7||INR 32.6 Lakhs|
|St. John’s University||USA||IELTS|
|INR 42 Lakhs|
The table below shows a comparison of some of India’s best MBA Business Analytics colleges based on a few factors such as NIRF rankings, fees, and salary.
|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, and BBA. It also offers them in the form of diplomas, PhD and PG Diploma.|
|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|
MBA Business Analytics Syllabus
The two-year programme is broken down into four semesters. Statistical Analysis, Business Intelligence, and other MBA Business Analytics disciplines are included in the curriculum.
Students will need to go to the industry on various occasions throughout the course. The MBA Business Analytics Syllabus combines theoretical and practical study methods.
The following is a semester-by-semester MBA Business Analytics Syllabus:
|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|
|–||Analytics Capstone Project|
MBA Business Analytics Scope
The realm of Business Analytics is usually centred on ‘Big Data,’ and working in this industry can provide you with a variety of chances. 40 Zettabytes of data are expected to exist by the end of 2020, resulting in a surge in career prospects for both business analysts and data scientists. An MBA in Business Analytics could help you advance your career in the following areas:
- Descriptive Analysis: In the descriptive analysis, you’ll be asked to gain a deep understanding of how to use data to analyse and solve problems in the past and future.
- Predictive Analysis: Predictive analysis is the process of analysing your company’s prior business performance.
- Prescriptive Analysis: This is where you look into and sift through optimization techniques in order to improve productivity and other elements. As a result, the company’s profits improve.
After earning an MBA in Business Analytics, a student can pursue further education. They can enrol in M.Phil. or PhD management programmes to gain a better understanding of the subject as well as ample research opportunities.
MBA Business Analytics Jobs and Career Options
Successful postgraduates can work as Business Analysts, Project Managers, Data Analysts, Business Intelligence Experts, and Data Mining Experts, among other positions. Candidates will be able to find work in industries such as financial services, retail, manufacturing, healthcare, oil and gas, social media, and gaming.
Accenture, HP, IBM, Cognizant, Tata Consultancy Services, American Express, and other well-known employers are among them. The table below shows a list of MBA Business Analytics jobs available, as well as the average income given 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, and 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 for 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 the internal needs of the organisation. They make complex data comprehendible.||11 LPA|
Top Recruiters of MBA in Business Analytics
MBA in Business Analytics graduates are hired by some of the industry’s biggest companies. Candidates are either placed straight from their college or university, or they may apply directly for the position. The hiring process ranges from one organisation to the next. Nonetheless, most organisations undertake personal interviews and examine the candidates’ qualifications. Salary packages ranging from INR 8-16 LPA are offered on average to candidates. It may, however, be higher depending on the organisation and the candidates’ ability. Here are a few of the most well-known names:
MBA Business Analytics FAQs
Ans. After completing the degree, you can seek employment as a data analyst, project manager, market research manager, project modeller, or data scientist, among other positions.
Ans. MBA Business analysts work in the IT industry, but they don’t need to know how to code and aren’t required to.
Ans. This MBA concentration is useful since it teaches you how to use data, analytics, and statistics.
Ans. An MBA in Business Analytics can open up more doors in the future, whilst an MS in Business Analytics will help you land jobs in the data science field.
Ans. Each university or college’s admission exam varies depending on personal choice. Students should take the exam according to the university or college to which they intend to apply. CAT, NMAT, and MAT are some of the most common tests.
Ans. Some of the top colleges for MBA in Business Analytics are-
Lovely Professional University
Great Lakes Institute of Management
Ans. No, to be considered for admission to the MBA Business Analytics programme, most colleges require a minimum cut-off score on the entrance exam of their choice.
Ans. Google, Amazon, HP, Motorola, Godrej, and HCL are just a few of the top organisations that hire students with this qualification.