Latest Updates of MBA in Business Analytics:
- 24th Nov 2024: CAT exam 2024
- 30th Nov 2024: Last date of XAT registration 2025 for the MBA/PGDM courses.
- 5th Nov to 20th Dec 2024: NMAT 2024 exam is scheduled.
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About MBA in Business Analytics
MBA in Business Analytics is a 2-year postgraduate management degree course. MBA in Business Analytics is a discipline in which students are taught how to create business strategies based on data. Students learn how to process and read large amounts of data to generate results and provide real-world solutions and strategies for the growth of a business.
Not only will the students gain the knowledge and abilities to deliver vital business solutions during this program but as a data-driven business leader, they can set career success by fusing managerial and analytical expertise.
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Quick fact on MBA Specializations
The top two industries hiring graduates are technology (40%) and finance (25%). This illustrates how important data analytics is in these industries, where insights can result in significant competitive advantages.
Check: MBA Vs PGDM
MBA in Business Analytics Highlights 2024
Business analytics as a process combines data analytics and business intelligence on a given collection of data to develop future business strategies and plans. The table below lists the following details about MBA programs in business analytics offered in India:
Particulars | Details |
Course Full Form | Master of Business Administration in Business Analytics |
Course Level | Post Graduate |
No. of Colleges | 500+ |
Annual Fees | < INR 1 lakh: 16 colleges INR 1-2 lakh: 66 colleges INR 2-3 lakh: 50 colleges INR 3-5 lakh: 109 colleges > INR 5 lakh: 275 colleges |
Top Colleges | IIM Bangalore, IIM Calcutta, NMIMS School of Business Management, S.P. Jain Institute of Management and Research, NIT Trichy, IIM Kashipur, Amity University Noida, etc. |
Admission Process | Entrance Based: CAT, MAT, XAT, CMAT, ATMA, SNAP, NMAT, etc. |
Duration | 2 Years |
Examination Type | Semester-based |
Eligibility | Graduation with minimum 50% from a recognized university. |
Admission Process | Entrance-based |
Course Fee | INR 5- 15 LPA |
Average Salary | INR 8- 16 LPA |
Job Positions | Data Scientist, Statistician, Predictive Modeller, Quantitative Analyst, Project Manager, Market Research Analyst, etc |
Top Recruiting Companies | HCL, Google, Godrej, Amazon, Motorola, Oberoi, HP, Indusind Bank, etc |
Why Pursue MBA in Business Analytics?
The demand for business analytics professionals is growing and will continue to grow in the coming years. The program is designed based on inputs from industry leaders and has a balance of theoretical concepts and practical experience. The curriculum covers SQL, Tableau, Power BI, data mining, data visualization, database management, machine learning, business intelligence tools which are niche skills for future ready and future proof careers.
Know More: What is Business Analytics?
MBA in Business Analytics Eligibility
The aspirant of MBA course must ensure that he/ she is eligible as per the criteria mentioned below:-
- One must have scored minimum 50% in graduation.
- Students must pass an entrance exam such as CAT, XAT or GMAT.
MBA in Business Analytics Admission
The admission requirements for MBA in Business Analytics program vary from university to university. Admission in MBA in Business Analytics course is done through entrance exams. The MBA entrance exams include CAT, XAT, MAT, NMAT, GMAT, CMAT, etc. After being shortlisted based on their performance in the admission tests, candidates are finally selected for MBA in Business Analytics Admission through a process which sometimes involves WAT (Written Ability Test), PI (Personal Interview) and GD (Group Discussion) round.
MBA in Business Analytics Colleges in India with NIRF Ranking 2024
College Name | NIRF 2024 |
IIM Bangalore | 2 |
IIM Calcutta | 5 |
IIM Ranchi | 17 |
SPJIMR | 20 |
IIM Kashipur | 23 |
Amity University, Noida | 29 |
Great Lakes Institute of Management, Chennai | 34 |
LPU | 38 |
MBA in Business Analytics Entrance Exams
For those who want to pursue MBA in Business Analytics, knowing the entrance exams is crucial. Each of these exams tests a student’s aptitude in various areas such as quantitative ability, verbal ability, logical reasoning and data interpretation. Interested students must research well the eligibility criteria and syllabus of each exam before registering. Students should check which entrance exams are accepted by the college they are applying to and give those.
Some of the top MBA in Business Analytics Entrance Exams are:
- CAT - CAT is a national level MBA entrance examination that allows the students to get admission to the top management colleges. The Common Admission Test is conducted by the IIMs. CAT is basically required for applicants seeking admission to MBA courses. The CAT test is required for admission to the IIMs and other top business institutions in India.
- MAT - MAT Full Form is Management Aptitude Test. It is a management entrance examination that is conducted at a national level. It has been regulated by the All-India Management Association (AIMA) since 1988.
- NMAT - NMAT is a national level entrance test that is conducted by GMAC for admission in several courses such as MBA & PGDM.
- CMAT - CMAT is a national level online based examination that is monitored by the National Testing Agency (NTA). Through this CMAT, the candidates will be able to take admission to the management courses into the institutes approved by AICTE.
- XAT - The Xavier Aptitude Test, known as XAT is a nation wide Entrance exam that is conducted by the Xavier School of Management (XLRI) Jamshedpur on the account of Xavier Association of Management Institutes (XAMI). This exam is conducted each year so as to select the eligible students for the management courses offered by the top business schools associated with the institution as part of XAMI.
Entrance Exam | Registration Date | Exam Date |
CAT | 3rd August 2024 | 21st Sept. 2024 |
MAT | 10th August 2024 | 13th Sept. 2024 |
NMAT | 1st August 2024 | 10th Oct. 2024 |
CMAT | 15th November 2024 | 15th Jan. 2025 |
XAT | 10th August 2024 | 30th Nov. 2024 |
MBA in Business Analytics: Subjects & Syllabus
The MBA in Business Analytics is a 2- year course divided into 4 semesters. The syllabus consists of various MBA in Business Analytics subjects like-
MBA in Business Analytics Subjects | ||
Financial Accounting | Financial Analysis | Statistical Analysis |
Risk Management | Predictive Analysis | Business Intelligence |
Data Modelling | Computational Methods | Optimization Analysis |
Big Data Analytics | Data Mining | Simulation Modelling |
MBA Business Analytics Syllabus is a mixture of both theoretical and practical approaches to study. A semester wise detailed MBA Business Analytics Syllabus is given below:
MBA in Business Analytics Syllabus- Semester 1 | MBA in Business Analytics Syllabus- 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 Behavior | Stochastic Modeling |
Statistical Analysis | Business Intelligence |
Data Modeling | Research Methods |
Computational Methods | Managerial Communication |
MBA in Business Analytics Syllabus- Semester 3 | MBA in Business Analytics Syllabus- 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 Program | Professional Development |
- | Elective Paper |
- | Analytics Capstone Project |
MBA in Business Analytics Colleges
Some of the top colleges offering MBA in Business Analytics degree in India with their average fees is mentioned below:
Private MBA in Business Analytics Colleges in India -
The following table lists private MBA programs in Business Analytics offered by Indian colleges, along with the total cost of attendance, entrance requirements, and seat intake:
College Name | Total Tuition Fee/Seats | Entrance Exam/ Eligibility |
NMIMS School of Business Management Mumbai Admission | INR 24 lakh Seats: 990 | Entrance Exam: NMAT Graduation with a minimum aggregate of 50% |
SPJIMR Admission | INR 15 lakh Seats: 916 | Entrance Exam: CAT, GMAT Eligibility: Class 12 with a minimum of 50% of the aggregate. |
IMI Kolkata Admission | INR 10 lakh Seats: 180 | Entrance Exam: XAT, CAT, CMAT Candidates must have passed a bachelor’s degree with 50% aggregate from any recognized University/Institute. |
Amity University Noida Admission | INR 13 lakh Seats: 120 | Entrance Exam: CMAT, CAT, MAT, XAT, GMAT, NMAT Candidates must have passed a bachelor’s degree from any recognized University/Institute. |
Birla Institute of Technology Mesra Admission | INR 6 lakh Seats: 120 | Entrance Exam: CMAT, CAT, MAT, XAT Class 12 with a minimum of 50% of the aggregate. |
Govt. MBA in Business Analytics Colleges in India
The government MBA programs in Business Analytics colleges in India are displayed in the table below, along with information on entrance exams, eligibility, and total tuition costs -
College Name | Total Tuition Fee/Seats | Entrance Exam/ Eligibility |
IIM Bangalore Admission | INR 25 lakh Seats: 635 | Entrance Exam: CAT Class 12 with a minimum of 50% of the aggregate. |
IIM Calcutta Admission | INR 25 lakh Seats: 65 | Entrance Exam: CAT Class 12 with a minimum of 60% of the aggregate. |
IIM Ranchi Admission | INR 16 lakh Seats: 370 | Entrance Exam: CAT Class 12 with a minimum of 60% of the aggregate. |
IIM Kashipur Admission | INR 17 lakh Seats: 340 | Entrance Exam: CAT Class 12 with a minimum of 60% of the aggregate. |
MBA in Business Analytics Colleges Accepting CAT Score in India
The top MBA programs in Business Analytics in India that accept CAT scores are listed in the table below, along with the total cost of tuition:
Top Colleges | Total Tuition Fee |
IIM Bangalore | INR 25 lakh |
SPJIMR | INR 15 lakh |
IIM Kashipur | INR 17 lakh |
Great Lakes Institute of Management Chennai | INR 9 lakh - INR 11 lakh |
Amity University Noida | INR 13 lakh |
Distance MBA in Business Analytics Colleges in India
The distance MBA programs in Business Analytics colleges in India are displayed in the table below, along with the total cost of tuition -
Distance MBA Colleges | Total Tuition Fee |
SRM IST Kattankulathur | INR 9 lakh |
SPSU - Sir Padampat Singhania University | INR 5 lakh |
Wisdom School of Management for Distance Education | INR 29,000 |
MBA in Business Analytics Colleges in Delhi NCR
The top MBA programs in Business Analytics in Delhi NCR are listed in the table below, along with the total cost of tuition and required entrance exams:
College Name | Total Tuition Fee | Entrance Exams |
Amity University Noida | INR 13 lakh | CAT, MAT, NMAT, XAT, etc. |
IMT Ghaziabad | INR 19 lakh | CAT and XAT |
Jaipuria Noida | INR 14 lakh | CAT, MAT, XAT, CMAT, etc. |
Great Lakes Institute of Management, Gurgaon | INR 7 lakh | CAT, XAT, CMAT |
MBA in Business Analytics Colleges in Maharashtra
The top MBA programs in business analytics in Maharashtra are displayed in the table below, along with the total cost of tuition and required entrance exams:
College Name | Total Tuition Fee | Entrance Exams |
NMIMS School of Business Management, Mumbai | INR 24 lakh | NMAT |
SPJIMR | INR 22 lakh | CAT |
NMIMS, Mumbai | INR 10 lakh | NMAT |
Welingkar Mumbai | INR 14 lakh | CAT, XAT, GMAT, etc. |
Also Read: PhD after MBA
MBA in Business Analytics Colleges in India: Fees vs Salary
Return on Investment (ROI) is a metric used to indicate how much money you will make or gain from attending a specific college. It evaluates the candidate's return on study fees and the return they receive in the form of job placements. The top MBA programs in business analytics offered by Indian universities are displayed in the table below, along with the average placement package and total tuition cost:
College Name | Total Tuition Fee | Average Median Package |
IIM Calcutta MBA | INR 25 lakh | INR 31 LPA |
IIM Bangalore MBA | INR 25 lakh | INR 32 LPA |
IIM Ranchi MBA | INR 16 lakh | INR 16 LPA |
IIM Kashipur MBA | INR 17 lakh | INR 15 LPA |
Great Lakes Institute of Management, Chennai MBA | INR 9 lakh - INR 11 lakh | INR 11 LPA |
Highest Salary Offered by MBA in Business Analytics Colleges in India
There is a great demand for MBA graduates across all fields. The following is a list of a few of the best Indian companies that hire postgraduate MBA candidates and provide placement assistance:
College Name | Annual Average Package | Top Recruiters |
IIM Bangalore Placements | INR 32 LPA | Accenture, Amazon, Paytm, Microsoft, Vedanta, Mckinsey, etc. |
IIM Calcutta Placements | INR 31 LPA | Optum, Persistent, Atos, Amazon, Virtusan, Deshpande Foundation, etc. |
IIM Ranchi Placements | INR 16 LPA | JP Morgan& Chase, Accenture, L&T, Sonny, Google, etc. |
IIM Kashipur Placements | INR 15 LPA | ICICI Bank, Microland, Room, Tata Capital, Yes Bank, etc. |
Also Watch-
MBA in Business Analytics Jobs
MBA in Business Analytics course has become one of the top job oriented professional programs. The vast numbers of companies employing business analytics graduates typically look to fill the Job Profiles. The following table gives a list of the MBA in Business Analytics jobs and their average salary offered:
Job Profile | Average Salary |
Business Analyst | INR 11 LPA |
Market Research Analyst | INR 8 LPA |
Data Mining Expert | INR 6 LPA |
Project Manager | INR 12 LPA |
Data Scientist | INR 15 LPA |
Quantitative Analyst | INR 9 LPA |
Statistician | INR 10 LPA |
The range of career options (such as data analyst, business analyst, and data scientist) shows how adaptable an MBA in business analytics can be. The distribution demonstrates that graduates have access to opportunities across a variety of fields, improving their employability. Refer the chart below -
MBA in Business Analytics Scope
- MBA in Business Analytics offers skills and knowledge regarding analytics, and applied and theoretical statistics are gained for job opportunities.
- MBA Business Analytics has relevance in every industry like Marketing, Finance, Consultancy, Intelligence, etc.
- MBA Business Analytics offers a wide range of career options including data analyst, data scientist, data mining and qualitative analyst.
- Top companies such as Microsoft, Infosys, Wipro, Google, Tata Group, Facebook, Linkedin etc. have positions for MBA in Business Analytics students.
- Great salary packages are offered with an average ranging between INR 8-16 LPA.
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