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MBA in Data Analytics: Salary, In India, Syllabus

Course

Nandani Udaiwal

Updated on 29th July, 2024 , 6 min read

MBA in Data Analytics is a two year postgraduate course which combines business administration with data analytics. This is a MBA specialized course involving processing data efficiently. Data Analytics provides a high paying job and which is an ideal choice for candidates who want to make a long term career in this field.

MBA in Data Analytics eligibility is a bachelor’s degree with a minimum of 50-55%. The process of admission in this course is through merit basis or entrance exams such as CATMATXAT. An MBA in Data Analytics course fees is around INR 40,000- INR 5 Lakhs.

The average MBA Data Analytics salary ranges from INR 2 – 5 LPA. Graduates of Data Analytics MBA can work as a Business Analyst, Big Data Analyst, Data Scientist, Data Mining Expert, and Data Analyst among others. 

 

All About MBA:

MBA in Data Analytics: Highlights

The key highlights of MBA in Data Analytics course is mentioned below:

Particulars

Details

Course Name 

MBA in Data Analytics

Course Full Form

Master of Business Administration in Data Analytics

Course Level

Postgraduate

Course Duration

2 years

Exam Type

Semesters

Eligibility Criteria

Undergraduate Degree with 50% Marks

Admission Process

Merit and Entrance Exam Based

Entrance Exams

CAT, CMAT, XAT, IBSAT, MAT

Subjects

Macroeconomics, Econometrics, Data Mining, Predictive Analysis, SAP FICO, SAP HCM etc. 

Course Fees

INR 40,000- 5 Lakhs

Average Salary

INR 2-5 LPA

Job Profiles

Data Analyst, Data Engineer, Business Analyst, Data Scientist, Risk Analyst, Operations Research Analyst

Top Recruiters

Google, IBM, Accenture, Amazon, Microsoft etc.

Why Pursue MBA in Data Analytics?

An MBA in Data Analytics provides students with a comprehensive understanding of data analytics tools and techniques. Students learn how to analyze complex data sets, identify patterns and trends, and develop data-driven strategies. MBA in Data Analytics is a high paying job and it has growth opportunities.  

Check: MBA vs PGDM

MBA in Data Analytics: Eligibility Criteria

Here are the following MBA in Data Analytics eligibility criteria, aspirants must fulfill:

  • Candidates must have a bachelor's degree in any discipline with at least 50% marks for general and 45% for SC/ST/PWD.
  • Final year students are also eligible for MBA in Data Analytics
  • Candidates with a valid entrance exam score in CATXATSNAP or GMAT, etc. to get admission to the MBA Data Analytics degree program. 
  • Work experience is not mandatory but is highly preferred.

MBA in Data Analytics: Admission

  • The admission requirements for MBA in Data Analytics program vary from university to university. 
  • Admission in MBA in Data Analytics course is done through entrance exams. 
  • The MBA entrance exams include CATXATMATNMATGMATCMAT, etc. 
  • After being shortlisted based on their performance in the admission tests, candidates are finally selected for MBA in Data Analytics Admission through a process which sometimes involves WAT (Written Ability Test), PI (Personal Interview) and GD (Group Discussion) round.

MBA in Data Analytics: Entrance Exams

MBA in Data Analytics entrance exam in India is often composed of multiple-choice questions (MCQs) that test the candidate's Quantitative Aptitude, Verbal Ability, Logical Reasoning, and Data Interpretation and normally lasts 2-3 hours, with the total amount of questions and marks varying depending on the institution. Following are the MBA in Data Analytics entrance exams conducted at the national and university level:

  • 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

Exam Date

CAT

November 2024

MAT

September 2024

NMAT

October 2023

CMAT

May  2024

XAT

January 2024

Top MBA in Data Analytics Colleges

Choosing the right college for an MBA in Data Analytics  is crucial as it plays a major role in shaping your career. There are several colleges and universities in India that offer MBA  Data Analytics courses. Here are some of the top colleges for MBA in Data Analytics in India along with their fees:

 

Name of the College

Course Fees

IIM Bangalore

INR 25 Lakhs

IIM Ahmedabad

INR 23 Lakhs

IIM Calcutta

INR 25 Lakhs

Great Lakes Institute of Management Chennai

INR 17 Lakhs

SCMHRD

INR 13 Lakhs

NMIMS, Mumbai

INR 24 Lakhs

ISB Hyderabad

INR 12 Lakhs

Hindustan Institute of Technology and Sciences

INR 3 Lakhs

Symbiosis Centre for Information and Technology

INR 6 Lakhs

Know More: Top MBA Colleges in India

MBA in Data Analytics: Required Skills

The most important skills required for Data Analytics MBA graduates to excel in pursuing this course: 

  • Business acumen
  • Leadership
  • Technological aptitude
  • Facility with statistics
  • Decision Making
  • Strategic mindset
  • Big picture thinking

MBA in Data Analytics: Course Comparison

MBA in Data Analytics and MBA in Business Analytics, both masters degree courses are not different. The below mentioned table depicts the comparison of both courses based on some important parameters:

 

Parameters

MBA in Data Analytics

MBA in Business Analytics

Full Form 

Masters of Business Administration in Data Analytics

Masters of Business Administration in Business Analytics

Level

Postgraduate

Postgraduate

Duration

2 years

2 years

Eligibility

Graduation with minimum 50% from a recognized university.

Graduation with minimum 50% from a recognized university.

Admission Process

Merit and Entrance Exam Based

Merit and Entrance Exam Based

Course Fees

INR 40,000- 5 Lakhs

INR 5- 15 LPA

Average Annual Salary

INR 2-5 LPA

INR 8- 16 LPA

Job Profile

Data Analyst, Data Engineer, Business Analyst, Data Scientist, Risk Analyst,  Operations Research Analyst, etc.

Data Scientist, Statistician, Predictive Modeller, Quantitative Analyst, Project Manager, Market Research Analyst, etc.

Top Recruiters

Google, IBM, Accenture, Amazon, Microsoft etc.

HCL, Google, Godrej, Amazon, Motorola, Oberoi, HP, Indusind Bank, etc

Focus

Complex data sets, identify patterns and trends, and develop data-driven strategies

Big data, business forecasting, statistical applications and optimization

MBA in Data Analytics: Syllabus

MBA in Data Analytics course subjects may vary from one college to another. Here are some subjects included in the 4 semesters of MBA in Data Analytics syllabus:

Semester I

Semester II

Accounting for Managers

Applied Operations Research

Applied Statistics for Decision Making

Data Cleaning, Normalization and Data Mining

Financial Analysis and Reporting

Econometrics

Macroeconomics in the Global Economy

Foundation Course in Business Analytics

Organizational Behavior

Project Management

Research Methodology

Spreadsheet Modeling

 

Semester III

Semester IV

Applied Business Analytics

Ethical and Legal Aspects of Analytics

Foundation Course in Descriptive Analysis

Healthcare Analytics

Foundation Course on Predictive Analysis

HR Analytics

SAP FICO

R Programming

SAP HCM

Social and Web Analytics

Stochastic Modeling

Project Work

MBA in Data Analytics Fees

MBA Data Analytics fees vary depending on the college offering this programme. Private colleges have higher fees than public colleges. An MBA in Data Analytics fees is around INR 40,000- INR 5,00,000.

MBA in Data Analytics: Jobs & Salary

An MBA in Data Analytics opens a plethora of job opportunities and this field is growing rapidly. MBA in Data Analytics salary ranges from INR 2 – 5 LPA. This can vary widely based on factors such as job role and years of experience, also depending on institute and individual profile. Given below is an overview of some of the key job roles along with a general salary that MBA in Data Analytics graduates can explore:

 

Job Profile

Average Salary

Data Analyst

INR 5 LPA

Business Analyst

INR 4.8 LPA

Risk  Analyst

INR 7.2 LPA

Operations Research Analyst

INR 8 LPA

Data Scientist

INR 9 LPA

 

Benefits of Studying MBA in Data Analytics

Candidates studying MBA Data Analytics can go into the field of AI and it will be the best choice to enter into the data analytics sector. They will be given handsome and satisfactory salaries in this field. In Data Analytics, candidates are given a chance to meet big personalities like stakeholders and communicate with them which will improve interpersonal and communication skills. This course teaches candidates to make business decisions and work in a variety of areas in the data analytics sector. 

MBA in Data Analytics: Scope

Graduates are open to a broad lucrative entry level prospects and career options after MBA Data Analytics. Graduates who have completed MBA in Data Analytics can find employment opportunities in different sectors such as

  • Social Media
  • Telecom
  • IT
  • Manufacturing
  • Healthcare
  • Banking
  • Insurance
  • Retail
  • Consulting
  • E-commerce
  • Oil
  • Gas
  • Automobile
  • Airline
  • Government 

Graduates can also join as a Lecturer or Professor in any reputed college or university. They can also pursue PhD after MBA Course

MBA in Data Analytics: Top Recruiters 

Here is a list of top recruiters who hire MBA in Data Analytics graduates for different roles. These top companies also offer handsome salaries based on experience, and skills of the graduates.

  • Google
  • IBM
  • Accenture
  • Amazon 
  • Microsoft
  • Infosys
  • Wipro
  • KPMG
  • TCS
  • Capgemini
  • Deloitte

 

Know More About- MBA Specializations

Frequently Asked Questions

What is an MBA in Data Analytics?

MBA in Data Analytics is a two year postgraduate course which combines business administration with data analytics. This is a MBA specialized course involving processing data efficiently.

Why pursue MBA in Data Analytics?

An MBA in Data Analytics provides students with a comprehensive understanding of data analytics tools and techniques. Students learn how to analyze complex data sets, identify patterns and trends, and develop data-driven strategies.

What is the salary of an MBA in Data Analytics?

MBA in Data Analytics salary ranges from INR 2 – 5 LPA. This can vary widely based on factors such as job role and years of experience, also depending on institute and individual profile.

Which MBA specialization is best to study?

MBA in Data Analytics is an MBA specialized course for candidates who want to make a long term career in this field.

What is the MBA in Data Analytics course fees?

An MBA in Data Analytics course fees is around INR 40,000- 5 Lakhs.

Who is eligible for an MBA in Data Analytics?

MBA in Data Analytics eligibility is a bachelor’s degree with a minimum of 50-55%.

What is the admission process for MBA in Data Analytics?

The process of admission in MBA in Data Analytics course is through merit basis or entrance exams such as CAT, MAT, XAT.

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