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MBA in Data Analytics: Admission 2024, Course, Eligibility, Entrance exam, Syllabus, Colleges, Fees, Salary, Job and Scope

mba in data analytics

About: MBA in Data Analytics

 MBA in Data Analytics is a graduate degree that combines business management skills with data analytics capabilities. It provides the knowledge and resources students need to make informed decisions based on data-driven insights. The MBA course on Big Data Analytics teaches students how to gather, handle, and analyze data in order to find possibilities and growth as well as to solve difficult business challenges and optimize operations.

Course Highlights: MBA in Data Analytics

ParticularsValues
Degree Name
MBA in Data Analytics
Degree TypePostgraduate
Degree Duration2 year
Semesters4
Entrance Exams
CAT, MAT, GMAT, CMAT, XAT, NMAT
Eligibility Criteria
Bachelor’s degree
Admission process
Direct admission and based on the entrance examination
Fees
Rs. 20,000 and Rs. 10,00,000
Average Salary
Rs. 6,00,000 LPA
Job profiles
Data Analyst, Data Scientist, Statistician
Top recruiters
Latent View Analytics, Oracle, SG Analytics, Mu Sigma, Accenture, Latent View, Unmetric, iTechArt, Tableau, Manthan Systems,

 

MBA Data Analytics: Admission Process

The admission process for MBA in Data Analytics varies from one institution to another. But, in general, one has to follow the given steps

In admission process for MBA in Business Analytics  involves the following steps:

1-Application: Submit academic certificate, recommendation letter and a statement of purpose along with an application form.

2-Entrance Exam: Appear in one or all of the entrance exams, such as CAT, XAT, etc.

3-Group Discussion (GD): After getting shortlisted students participate in a group discussion for the assessment of their communication, teamwork, and problem-solving skills.

4: Personal Interview (PI):  After qualifying the GD round Shortlisted candidates will go through a personal interview to evaluate motivation, aptitude, and fit for the program.

5-Final Selection: Final selection is made based on the above process.

MBA in Data Analytics Eligibility Criteria

Qualification requirements for an MBA in Data Analytics typically include:

1.Education: A bachelor’s degree from an accredited university or equivalent institution is required. Some programs may also require a specific academic background, such as business, computer science, statistics or other related subjects.

2.Work Experience:Although not always required, some Data Analytics MBA programs may prioritize individuals with relevant work experience in areas such as  analytics, business or related topics.

3.Entrance Exam: Many Indian colleges may require scores on standardized exams such as the Common Admission Test (CAT) or other college-specific entrance exams.

4.Language Proficiency: Fluency in English is generally required. If the program is taught in English, students may be required to submit their  language proficiency test scores

❖Entrance Exams

1.CAT (Common Admissions Test): – Admissions Test Common Entrance Test (CAT) is an entrance exam used for admission to various management programs in India. Indian business schools, including those offering MBA programs specializing in data analytics, are widely accepted.

2.GMAT (Graduate Management Admissions Test): – Designed to assess students’ analytical, writing, quantitative, speaking and reading skills. The GMAT is an important factor in the application process to many business schools around the world.

3.XAT (Xavier Aptitude Test):– XAT (Xavier Aptitude Test) is a standardized test used for admission to management programs in many other institutions  across India Degree. Commonly used to access MBA programs in various fields, including those focused on data analytics.

4.NMAT (NMIMS Management Aptitude Test):– Conducted by the Graduate Management Admission Council (GMAC) and accepted by NMIMS and other institutions.

5.MAT (Management Aptitude Test):– Widely used for admission to various management programs, including MBA in Data Analytics.

6.CMAT (Common Management Admission Test): – National level entrance exam for admission to management programs in India.

7.CAT-MET (Management Entrance Test): – Conducted by Bharati Vidyapeeth Deemed University, it is accepted for admission to their MBA programs.

Skills Required For MBA Data Analyst

Essential MBA Data Analysis Skills: 

1.Analytical Skills: – Ability to analyze complex data sets and draw meaningful insights from them.

2.Statistical knowledge: – Understanding of statistical methods and tools to analyze data.

3.Business Acumen:– Understanding of business concepts and ability to apply analytics in a business context.

4.Data Visualization: – Master the presentation of data results through visualization and reporting.

5.Programming skills: – Knowledge of programming languages ​​such as Python, R or SQL to manipulate and analyze data.

 6.Critical Thinking: – Ability to think critically and solve complex business problems using data-driven approaches.

7.Communication skills: – Communicate effectively to convey data information to non-technical stakeholders.

 8.Decision Making: – Using data to make strategic decisions.

9.Learn about Machine Learning:– Get familiar with the basic  concepts and applications of machine learning.

MBA in Data Analytics: Syllabus

The MBA Data Analytics course’s semester-by-semester course breakdown is provided below:

Semester ISemester II
Accounting for ManagersApplied Operations Research
Applied Statistics for Decision MakingData Cleaning, Normalization and Data Mining
Financial Analysis and ReportingEconometrics
Macroeconomics in the Global EconomyFoundation course in Business Analytics
Organizational BehaviorProject Management
Research MethodologySpreadsheet Modeling
Semester IIISemester IV
Applied Business AnalyticsEthical and Legal Aspects of Analytics
Foundation Course in Descriptive AnalysisHealthcare Analytics
Foundation Course on Predictive AnalysisHR Analytics
SAP FICOProject Work
SAP HCMR Programming
Stochastic ModelingSocial and Web Analytics

MBA in Data Analytics Fees:

MBA in Data Analytics Fees: The cost of an MBA in data analytics can generally vary depending on factors such as the status of the institution, the field, and the length of the program.

In general, the educational costs of such projects can range from 2 lacs to 25 lacs and can reach significant amounts.

Additionally, students must consider various costs such as convenience, materials, and expected additional fees.

Top MBA Colleges in Data Analytics in India

College NameAverage FeesAverage Salary Package
Hindustan Institute of TEchnology and SciencesINR 2,53,000INR 6.1 LPA
Symbiosis Centre for Information and TechnologyINR 6,20,000INR 8.2 LPA
Seshadripuram Institute of Management StudiesINR 3,00,000INR 4.9 LPA
Gurugram UniversityINR 40,000INR 4.1 LPA
Techno India UniversityINR 1,43,000INR 4 LPA
Centurion University of TechnologyINR 85,900INR 5.1 LPA
Centurion University of TechnologyINR 2,20,000INR 5.5 LPA
Graphic Era Hill UniversityINR 1,98,500INR 6.2 LPA
ILM UniversityINR 3,00,000INR 6 LPA
Amity UniversityINR 4,90,000INR 7.4 LPA

Top Private MBA Colleges in Data Analytics in India

CollegesFee Structure (Entire Course)
SCIT PuneRs. 1,200,000
MIT College of Management, Pune
JECRC University, JaipurRs. 2,90,000
Centurion University of Technology and Management, BhubaneswarRs. 5,30,000
SRM School of Management, KattankulathurRs. 7.60,000

MBA in Data Analytics: Career Scope

Scope of MBA in Data Analytics: MBA Degree Opportunities of Data Analytics Holders Are Promising and Diverse:

  1. High Demand for Skills: – Growing Dependence into data-driven decision making has created a high demand for professional data analysis skills.
  2. Industry Relevance: – Data analytics is relevant to a variety of industries, including finance, healthcare, e-commerce, and technology.
  3. Career opportunities: – Graduates can explore a variety of career opportunities such as data scientist, business analyst, data engineer or analytics manager.
  4. Strategic Decision Making: – Armed with business acumen and analytical skills, individuals can contribute to strategic decision making within the organization.
  5. Startups: – Some graduates choose to apply their skills to startups, leveraging data analytics to make informed business decisions.
  6. Continued growth:– The field of data analytics is dynamic, offering opportunities for continuous learning and career advancement.
  7. Global Relevance:– Skills acquired through the MBA in Data Analytics program are globally relevant, offering potential for international career opportunities.

 With the rapid growth of data analytics and its integration into various industries, pursuing an MBA in data analytics can open up many rewarding and impactful careers.

Data Analytics Jobs Profiles

  1. Data Scientist: – Salary: Varies by experience and industry, but can range from mid to high numbers.
  2. Business Analyst: – Salary: Typically start at a competitive level, with higher salaries as experience develops.
  3. 3. Data Engineer:– Salary: Average to high depending on experience and complexity of the job
  4. Director Analysis:– Salary: Overall high, reflecting management responsibility and strategic impact.
  5. Machine Learning Engineer: –Salary: Varies, higher levels are for  professionals with experience in this specialized field.
  6. Financial Analyst: – Salary: Competitive, with higher income potential in finance-related fields.

 7.Marketing Analyst: – Salary: Competitive, with higher earning potential in marketing-focused industries.

  1. 8. Healthcare Data Analyst:– Salary: Competitive, have the opportunity to receive higher salaries in the healthcare field.
  2. Supply Chain Analyst: – Salary: Competitive, with higher income potential in industries with complex supply chains.
  3. Consulting: – Salary: Can vary significantly depending on the consulting firm and the field is generally competitive.

 

Top Recruiters for MBA Data Analyst

 
Mu Sigma Absolut Data
Accenture Tableau
Absolut Data Manthan Systems
Latent View LatentView Analytics
Unmetric Oracle
iTechArt SG Analytics

MBA in Data Analytics Salary

Job ProfilesAverage Salary
Data AnalystRs. 4.9 LPA
Data ScientistRs. 9 LPA
Data EngineerRs. 6.2 LPA
Business AnalystRs. 4.2 LPA
Risk AnalystRs. 7.7 LPA

MBA Colleges in Popular States

MBA Data Analytics: FAQ-

Q: Is work experience required for admission to the MBA in Data Analytics program?

 A: Work experience requirements vary by program, but some programs may prioritize or require relevant work experience.

Q: What are the key skills developed during the MBA in Data Analytics?

A: Skills include data analysis, statistical knowledge, business acumen, programming skills and effective communication.

Q:How long does it take to complete an MBA in Data Analytics?

 A: Program lengths vary, but many full-time MBA programs last about two years.

Q: Are there any scholarships available for MBA programs in data analytics?

 A: Many organizations offer scholarships based on merit, need, or specific criteria.Applicants should check with their respective institutions for further details.

Q: What is the demand for recruiting experts with an MBA in Data Analytics?

 A: High demand due to increasing reliance on data-driven decision making across industries.

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