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MBA Business Analytics: India, Fees, Admission, Syllabus, Jobs, Salary

Course

Mayank Mishra

Updated on 12th December, 2023 , 7 min read

MBA Business Analytics is a 2-year course that trains the candidates about Management Information Systems, Human Resource Management, Financial Accounting, etc. The eligibility of this course is the candidates must have secured a minimum of 50% in their graduation. Furthermore, to get admission in MBA Business Analytics in India, one will have to qualify the entrance exams like MAT, XAT, GMAT and CMAT. The MBA Business Analytics syllabus is based on several topics such as Financial Accounting, Financial Analytics, Marketing Management, Optimization Analytics, Organizational Behaviour, etc.

There are many institutes in India that offer this course. MBA Business Analytics institutes include SPJIMR, NMIMS, Amity University, etc. After qualifying the course, the candidates will be able to get many jobs. The MBA Business Analytics jobs scope consist of Quantitative Analyst, Project Manager, Data Mining Expert, etc. Furthermore, the MBA Business Analytics salary averages around INR 10 LPA – 17 LPA. Moreover, to get complete details about MBA Business Analytics, read the complete article below.

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MBA Business Analytics Course Details

Some of the major highlights of the course are as follows.

Course LevelPost Graduate
Full- formMaster of Business Administration in Business Analytics
Duration2 years
ExaminationSemester- based
EligibilityGraduation with minimum 50% from a recognized university.
Admission ProcessEntrance-based
Course FeeINR 5- 15 LPA
Average SalaryINR 8- 16 LPA
Top Recruiting CompaniesHCL, Google, Godrej, Amazon, Motorola, Oberoi, HP, Indusind Bank, etc
Job PositionsData Scientist, Statistician, Predictive Modeller, Quantitative Analyst, Project Manager, Market Research Analyst, etc

Know More About- MBA Specializations 

MBA in AviationMBA in Banking and FinanceMBA In BiotechnologyMBA In Digital Marketing
MBA In Business ManagementMBA In Data ScienceMBA In EntrepreneurshipMBA In Event Management
MBA In Hospital ManagementMBA In HRMBA In International BusinessMBA In IT
MBA In Operations ManagementMBA In Project ManagementMBA In Supply Chain Management----

Why Pursue an MBA in Business Analytics?

High Demand for Business Analytics Professionals

The demand for professionals with business analytics skills is on the rise, and this trend is expected to continue in the coming years. According to a report by the World Economic Forum, data analysts and scientists are among the top emerging jobs in the world. An MBA in Business Analytics can help professionals capitalize on this trend and take advantage of the growing demand for skilled data professionals.

MBA Business Analytics Entrance Exams

It is essential to give an entrance exam to gain admission into MBA Business Analytics and make the cut off selected by the university or college.

Students should check which entrance tests are accepted by the college they wish to apply to and give those.

Some of the other MBA Business Analytics Entrance Exams are:

  1. CAT 2023: It is the Common Aptitude Test which is conducted online. It is accepted by most Business Colleges including IITs, IIMs among others.
  2. MAT 2023: The Management Aptitude Test is conducted 4 times a year. It can be given in both online and offline modes. Some of the colleges accepting it are NSHM Knowledge Campus, PIET etc.
  3. NMAT 2023: NMAT is conducted by the Graduate Management Aptitude Council. It is an online exam taken over a 75-day period from October to December.
  4. CMAT 2023: The Common Management Admission Test is a 3 hour online-based exam conducted by The National Testing Agency. It is accepted by colleges such as Great Lakes Institute, IIMR Indore etc.
  5. XAT 2023: It is conducted by XLRI Jamshedpur on behalf of XAMI for more than 60 years now. It is a national level aptitude test
Entrance ExamRegistration DateExam Dates
ATMA1st week of June 2023July 23, 2023
CATAugust 3, 2023November 26, 2023
CMATFebruary 13, 2023To be Announced
GMATTo be AnnouncedTo be Announced
NMATSeptember 2023November 2023
SNAP2nd week of August 20232nd week of December 2023
XATTo be AnnouncedTo be Announced

How to Prepare for MBA Business Analytics Entrance Exams?

The sections from which the questions are made in the management entrances are as follows:

  1. Verbal Reasoning and Reading Comprehension
  2. Logical Reasoning and Data Interpretation
  3. Quantitative Aptitude/Reasoning

In order to clear tough entrances like CAT, MAT, XAT, NMAT, here are a few preparation tips for you-

  1. Identify the entrance exam you want to apply for and note all the syllabus down.
  2. Start preparing as soon as possible for better results. Do not wait till the end to cover the syllabus.
  3. Give as many mock tests as you can to get a better understanding of the entrance exam paper and the pattern it follows.
  4. Highlight the weak and strong areas. Focus more on the weaker areas, so as to not lose marks while attempting them.
  5. If the exam is near, leave out the untouched syllabus and focus on strengthening all that you already know.
  6. Follow a proper time-table in order to be on the track.

How to get admission in a good MBA Business Analytics college?

Following are the tips to for you to secure an admission into a good MBA Business Analytics college in India:

  1. Make sure to have secured a good percentage in the bachelor's degree.
  2. Prepare for the syllabus that is marked up for the exams. Take the help of recommended books, previous papers and mock tests.
  3. Try hard to crack the entrances with the needed cutt-offs.
  4. Even after making the cut off, one must be mentally prepared for further rounds, that is, personal interviews and group discussion.
  5. Keep the exam dates noted such as the registration, getting the admit card, the day of the exam.
  6. Remain devoted to your goals and try to know the current happenings in the world.

Lucrative Career Opportunities

Professionals with an MBA in Business Analytics are highly sought after by organizations across various industries, including healthcare, finance, retail, and e-commerce. The average salary for professionals with business analytics skills is also higher than the average salary for professionals in other fields. According to Glassdoor, the average salary for a data analyst in the United States is around $76,000 per year, while the average salary for a business analyst is around $81,000 per year.

Skills that are in Demand

An MBA in Business Analytics equips professionals with a diverse range of skills that are in high demand in today's job market. These skills include data analysis, data visualization, statistical analysis, machine learning, and business intelligence. These skills can help professionals stand out in a crowded job market and take on challenging roles in their organizations.

MBA Business Analytics Colleges

Tabulated below are some of the top MBA Business Analytics Colleges in India with their average fees, salary and location.

College NameLocationAverage Annual Fees (INR)Average Annual Salary (INR)
Indian Institute Of Management - [Iimb]Bangalore23,15,00020-25.40 LPA
Indian Institute Of Management - [Iimc]Kolkata2,70,00023-24.54 LPA
NIT TrichyTiruchirappalli14,01,52015-18 LPA
Great Lakes Institute of Management Chennai16,00,00014-20 LPA
Narsee Monjee Institute of Management StudiesMumbai8,50,00015-17LPA
Institute of Management, Christ UniversityBangalore3,79,0008-12LPA
Universal Business SchoolKarjat15, 72,8057-10 LPA
Lovely Professional UniversityJalandhar3,04,0008-20 LPA
Pune Institute of Business ManagementPune7,95,0006- 11 LPA
Institute of Management, Nirma UniversityAhmedabad502,0008.7-13 LPA

College Comparison

The table drawn below is the comparison between some of the best MBA Business Analytics Colleges in India based on a few parameters like The NIRF Rankings, Fees, Salary, etc.

Parameters NIT TrichyGreat Lakes Institute of Management Narsee Monjee Institute of Management Studies
OverviewNIT 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, BBA. It also offers them in the form of diplomas, PhD and PG Diploma.
LocationTiruchirappalliChennaiMumbai
NIRF Ranking171820
Average FeesINR 14,01,520INR 21,50,000INR 8,50,000
Average PlacementINR 15-18 LPAINR 14-20 LPAINR 15-17LPA
Top Recruiting CompaniesCognizant, Amazon, Google, Intel, Microsoft, Cisco, Oracle, L&TBFSI, IT/ITES, and Tech Consulting, Accenture Strategy & Technology, HCL, Deloitte US & India and ZS AssociatesICICI Bank, Honeywell, L&T Infotech, Kotak Mahindra Bank, Aditya Birla Capital, HDFC bank, Cognizant, Max Life Insurance, OYO

 

MBA Business Analytics Syllabus

The 2 years course is divided into 4 semesters. The syllabus consists of various MBA Business Analytics subjects like Statistical Analysis, Business Intelligence, etc.

Throughout the entire course duration, students need several industry visits as well. 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 Business Analytics Syllabus- Semester 1MBA Business Analytics Syllabus- Semester 2
Quantitative MethodsFinancial Management
Managerial EconomicsOperations Management
Management Information SystemsHuman Resource Management
Financial AccountingFinancial Analytics
Marketing ManagementOptimization Analytics
Organizational BehaviourStochastic Modeling
Statistical AnalysisBusiness Intelligence
Data ModelingResearch Methods
Computational MethodsManagerial Communication
MBA Business Analytics Syllabus- Semester 3MBA Business Analytics Syllabus- Semester 4
Predictive AnalyticsStrategic Management
Risk ManagementOperations and Supply Chain Analytics
Marketing AnalysisHR Analytics
Data MiningBig Data Analytics
Simulation ModelingEthical and Legal Aspects of Analytics
Analytics Systems Analysis & DesignProject Management
Industry Internship ProgrammeProfessional Development
-Elective Paper
-Analytics Capstone Project

MBA Business Analytics Vs MS in Business Analytics

The following table holds the comparison made between MBA Business Analytics vs MS in Business Analytics on major parameters:

ParametersMBA Business AnalyticsMS in Business Analytics
QualificationMaster of Business Administration in Business AnalyticsMaster of Business Administration in Finance
Course OverviewThe field focuses on technical and business domains which aim to deal with technology and data driven environments. It follows a business and industry approach of study.The field deals with management and business subjects as well as provides training in financial management.
EligibilityGraduation with minimum 50% from a recognized university.Bachelor degree from a recognized college.
AdmissionEntrance-basedMerit + Entrance Exams
Average Annual FeeINR 5- 15 LPAINR 5-10 lakhs
Average SalaryINR 8- 16 LPAINR 6- 12 LPA
CollegesNIT Trichy, Lovely Professional University, Amity University, IFMR Graduate School of BusinessChennai Mathematical Institute , Christ University - Bangalore, VIT Vellore, Fergusson College Pune, etc

 

MBA Business Analytics Jobs and Career Options

  • Successful postgraduates can secure jobs as Business Analyst,, Business Analyst Project Manager, Data Analyst, Business Intelligence Expert, and Data Mining Expert, etc.
  • Industries such as Financial Services, Retail, Manufacturing, Healthcare, Oil and Gas, Social Media, Gaming, will also offer employment to candidates.
  • Some of the well-known employers are Accenture, HP, IBM, Cognizant, Tata Consultancy Services, American Express, and so on

The following table gives a list of the MBA Business Analytics jobs and their average salary offered in MBA Business Analytics

Job ProfileJob DescriptionAverage Salary in INR
Data ScientistUtilise the analytical, statistical and data niche to collect, organise and solve complex problems of businesses15 LPA
StatisticianUse theoretical or applied statistics to collect, organise, summarise data to give useful information10 LPA
Market Research AnalystTheir aim is to help a company's profits grow by using what data is available.8 LPA
Quantitative AnalystStrategize to help maximise the efficiency of trade stocks9 LPA
Project ManagerThey help manage projects and project objectives including budgets, costs, goals etc.12 LPA 
Data Mining ExpertThese experts are responsible building, deploying and maintaining data support tools, and database file/ table creation6 LPA
Business AnalystThey examine data and documents to understand consumer needs or to fulfil internal needs of the organisation. They make complex data comprehendible.11 LPA

 

Career Advancement

An MBA in Business Analytics can help professionals advance their careers and take on leadership roles in their organizations. With the skills and knowledge gained through an MBA in Business Analytics program, professionals can become valuable assets to their organizations and contribute to their growth and success.

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