MBA in Business Analytics: High Demand Meets Promising Career Path

MBA in Business Analytics
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Businesses are increasingly reliant on data (94% say it’s vital for growth). An MBA in Business Analytics equips you with the skills to analyze this data and secure a future-proof career in the digital age. This program covers popular areas like finding patterns in data, figuring out what people are saying on social media, and how to best advertise things.

This two-year postgraduate program covers areas like database management, social media analytics, and data mining. The average course fee ranges from INR 1 lakh to INR 10 lakh. IIMs offer a general MBA program, but students can choose business analytics electives in the second year.

Here is the list of some popular institutes offering this specialization

Institute NameCourse FeeExam Score recognized by the institute
Indian Institute of Management Bangalore (IIM Bangalore)Rs 24.50 LakhCAT
Symbiosis Centre for Information TechnologyRs 14.56 LakhSNAP
Taxila Business SchoolRs 12.3 LakhCAT/ CMAT/ XAT/ GMAT/ ATMA/ MAT
NIIT UniversityRs 2.76 LakhNU Management Aptitude Test
Xavier Institute of Management EntrepreneurshipRs 12.50 LakhCAT/ XAT/ CMAT/ ATMA/ MAT/ GMAT

High Demand for Business Analytics Professionals

The data revolution is transforming businesses, and the demand for skilled professionals to analyze and interpret data is booming. A recent study by Career Explorer predicts a 26% increase in global demand for business analysts by 2026. This translates to significant opportunities for graduates with an MBA in Business Analytics.

Eligibility and Admission Process

  • Bachelor’s degree required: You’ll need a bachelor’s degree from a recognized university to be eligible for an MBA in Business Analytics.
  • Minimum marks vary: The minimum aggregate score required can vary depending on the institution you choose. Generally, a minimum of 50% is expected.
  • Final-year students can apply: If you’re in your final year of graduation, you can apply with a provisional certificate.
  • Work experience may be required: Some colleges might require prior work experience for admission to this specialization.
  • Entrance exams like CAT, XAT, MAT, and CMAT are mandatory.
  • Shortlisted candidates proceed to group discussions and interviews.

Career Paths

Business Analytics graduates are in high demand across sectors like finance, IT, and professional services. You can find opportunities as a Business Intelligence Expert, SAS Programmer, Data Analyst, Business Analyst, Big Data Analyst, Data Warehousing Expert, Data Scientist, Market Research Analyst, Project Manager, Data Mining Expert, Computer Systems Analyst, Financial Analyst, Management Consultant, Operations Analyst, Supply Chain Analyst. The average salary ranges from INR 5 lakh to INR 10 lakh per annum.

Here are the top recruiters for MBA in Business Analytics graduates in India:

The increasing importance of data analytics makes an MBA in Business Analytics a smart career move. The current talent gap in data science creates a significant advantage for graduates entering this field. If you’re interested in a future-proof career that leverages the power of data, this specialization is definitely worth considering.