An MBA in Data Science is a specialized master's degree course. It combines business administration with data analytics. This course teaches you how to use statistical analysis, data mining, etc.
The field of data science has emerged as a crucial aspect of business operations. MBA in Data Science helps people gain the necessary skills and knowledge to become leaders.
Know More About- MBA Specializations
| MBA in Aviation | MBA in Banking and Finance | MBA In Biotechnology | MBA in Business Analytics |
| MBA In Business Management | MBA In Digital Marketing | MBA In Entrepreneurship | MBA In Event Management |
| MBA In Hospital Management | MBA In HR | MBA In International Business | MBA In IT |
| MBA In Operations Management | MBA In Project Management | MBA In Supply Chain Management | --- |
Benefits of Pursuing an MBA in Data Science
- Career Advancement: An MBA in Data Science can help individuals advance their careers in the field of data analytics. With this degree, individuals can apply for higher-level positions, such as data analysts, data scientists, and business intelligence managers.
- Competitive Advantage: Having an MBA in Data Science can provide individuals with a competitive advantage in the job market. Employers value candidates who have advanced degrees and specialized skills in data analytics.
- High Earning Potential: Professionals with expertise in data science are in high demand and can earn lucrative salaries. According to PayScale, the average salary for a data scientist in India is around INR 700,000 per year.
Know More About- MBA Specializations
| MBA in Aviation | MBA in Banking and Finance | MBA In Biotechnology | MBA in Business Analytics |
| MBA In Business Management | MBA In Digital Marketing | MBA In Entrepreneurship | MBA In Event Management |
| MBA In Hospital Management | MBA In HR | MBA In International Business | MBA In IT |
| MBA In Operations Management | MBA In Project Management | MBA In Supply Chain Management | --- |
MBA in Data Science: Skills Acquired
Data Analytics: An MBA in Data Science 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.
Programming Languages: Students learn programming languages like Python, R, and SQL, which are widely used in data science. They learn to code and develop algorithms to solve complex business problems.
Data Visualization: Students learn to create visual representations of data, such as charts, graphs, and dashboards. They learn to use visualization tools to communicate complex information to stakeholders.
Business Strategy: Students learn how to develop data-driven business strategies that can help organizations achieve their goals. They learn to integrate data analytics into business decision-making processes.
MBA in Data Science: Top Universities in India
- Indian School of Business: The Indian School of Business offers a one-year MBA in Business Analytics program that provides students with the skills and knowledge to become leaders in data science.
- Great Lakes Institute of Management: Great Lakes offers a one-year Post Graduate Program in Business Analytics that combines business management with data analytics.
- SP Jain School of Global Management: SP Jain offers a one-year full-time MBA in Data Science and Analytics program that provides students with a comprehensive understanding of data analytics tools and techniques.
- NMIMS Global Access School for Continuing Education: NMIMS offers a two-year MBA in Data Science program that provides students with a strong foundation in data analytics, machine learning, and artificial intelligence.
- Manipal Academy of Higher Education: Manipal offers a two-year MBA in Data Science program that provides students with a comprehensive understanding of data analytics, data mining, and machine learning.
Pursuing an MBA in Data Science can be a game-changer for individuals looking to advance their careers in the field of data analytics. The program provides students with the necessary skills and knowledge to become leaders in this field and offers numerous career opportunities with high earning potential. The top universities in India offering this course provide students with a quality education and hands-on experience in data analytics. If you are interested in pursuing a career in data science, consider pursuing an MBA in Data Science from one of the top universities in India.
MBA in Data Science: Eligibility Criteria
- To pursue an MBA in Data Science, you need to have a bachelor's degree in a related field such as computer science, mathematics, statistics, or engineering.
- Additionally, some programs may require you to have some work experience in the field.
How long does it take to complete an MBA in Data Science? The duration of an MBA in Data Science program varies depending on the university and the course structure. Typically, it takes between 1-2 years to complete the program.
What are the career prospects after completing an MBA in Data Science? An MBA in Data Science opens up a wide range of career opportunities. You could work as a data analyst, business analyst, data scientist, data engineer, or a machine learning engineer. The salary range for these positions is also quite lucrative.
Can an MBA in Data Science be pursued online? Yes, many universities offer online MBA in Data Science programs that are designed for working professionals who want to upskill themselves. These online programs are often self-paced and flexible, allowing you to complete the program at your own pace.
How much does an MBA in Data Science cost? The cost of an MBA in Data Science varies depending on the university, the program, and the mode of delivery. On average, the cost of an MBA in Data Science is between $20,000 to $100,000.
What are the core subjects taught in an MBA in Data Science program? The core subjects taught in an MBA in Data Science program include business analytics, machine learning, data mining, data visualization, big data analytics, and statistical modeling.
What skills are required to succeed in an MBA in Data Science program? To succeed in an MBA in Data Science program, you need to have a strong foundation in mathematics, statistics, and computer programming. Additionally, you need to have good analytical skills, problem-solving skills, and attention to detail.
What are the admission requirements for an MBA in Data Science program? The admission requirements for an MBA in Data Science program vary depending on the university. Typically, you need to submit your academic transcripts, GRE/GMAT scores, letters of recommendation, and a statement of purpose.
Is an MBA in Data Science worth it? Yes, an MBA in Data Science is definitely worth it if you're looking for a lucrative career in data science. It equips you with the skills and knowledge required to work in the fast-paced field of data science, which is in high demand.
MBA in Data Science: Top Colleges in India
Choosing the right college for an MBA in Data Science is crucial as it plays a major role in shaping your career. There are several colleges and universities in India that offer MBA in Data Science courses.
Here are some of the top colleges for MBA in Data Science in India along with their fees:
- Indian Institute of Management Bangalore (IIMB) - Fees: INR 23,00,000
- Indian School of Business (ISB) Hyderabad - Fees: INR 34,63,000
- Indian Institute of Technology Madras (IITM) - Fees: INR 8,00,000
- Great Lakes Institute of Management Chennai - Fees: INR 16,60,000
- International Institute of Information Technology Bangalore (IIITB) - Fees: INR 8,00,000
- Symbiosis International University Pune - Fees: INR 17,25,000
- Indian Institute of Management Ahmedabad (IIMA) - Fees: INR 23,00,000
- Xavier School of Management (XLRI) Jamshedpur - Fees: INR 23,00,000
- Indian Institute of Management Calcutta (IIMC) - Fees: INR 22,00,000
- Indian Institute of Technology Kharagpur (IITKGP) - Fees: INR 10,00,000
MBA in Data Science: Top Colleges in Mumbai
Here are the top 5 MBA in Data Science colleges in Mumbai along with their fees:
| College Name | Program Name | Fees |
|---|---|---|
| SP Jain School of Global Management | MBA in Digital Marketing & Analytics | INR 19.5 L |
| Narsee Monjee Institute of Management Studies | MBA in Business Analytics & Intelligence | INR 15.5 L |
| K J Somaiya Institute of Management Studies | MBA in Analytics | INR 14.93 L |
| Welingkar Institute of Management Development | MBA in Business Analytics | INR 11.00 L |
| Shailesh J Mehta School of Management | MBA in Business Analytics & Big Data | INR 16.20 L |
MBA in Data Science: Top Colleges in Bangalore
Here are the top 5 MBA in Data Science colleges in Mumbai along with their fees:
| College Name | Program Name | Fees |
|---|---|---|
| International School of Management | MBA in Data Science & Business Analytics | INR 10.9 L |
| IFIM Business School | MBA in Data Science | INR 8.50 L |
| Jain University - CMS Business School | MBA in Business Analytics | INR 5.5 L |
| PES University | MBA in Business Analytics | INR 8.5 L |
| Indian Institute of Management (IIM) | MBA in Business Analytics & Intelligence | INR 24.00 L |
MBA in Data Science: Top Colleges in Delhi
Here are the top 5 MBA in Data Science colleges in Mumbai along with their fees:
| College Name | Program Name | Fees |
|---|---|---|
| International Management Institute (IMI) | MBA in Business Analytics | INR 17.25 L |
| Fore School of Management | MBA in Business Analytics | INR 15.98 L |
| Institute of Management Technology (IMT) | MBA in Business Analytics & Big Data | INR 16.5 L |
| BML Munjal University | MBA in Data Science & Analytics | INR 9.45 L |
| Management Development Institute (MDI) Gurgaon | MBA in Business Analytics & Information | INR 21.34 |
MBA in Data Science: Jobs & Salary
An MBA in Data Science opens up a plethora of job opportunities with competitive salaries. The role of an MBA in Data Science is to use their knowledge of statistics, mathematics, and programming to extract valuable insights from data. They use data analysis techniques and machine learning algorithms to identify patterns, trends, and relationships in data.
The job market for MBA in Data Science graduates is growing at a rapid pace. According to Glassdoor, the average salary for an MBA in Data Science in India is INR 1,250,000 per annum. However, the salary may vary based on factors such as experience, skills, and the industry.
Let's take a look at the top 10 companies that hire MBA in Data Science graduates in India along with their average salaries and job roles:
| Company | Job Role | Average Salary (INR) |
|---|---|---|
| Amazon | Data Scientist | 1,900,000 |
| Accenture | Data Analyst | 1,100,000 |
| Deloitte | Business Analyst | 1,350,000 |
| KPMG | Data Analyst | 1,000,000 |
| Wipro | Data Scientist | 1,250,000 |
| TCS | Business Analyst | 1,200,000 |
| IBM | Data Analyst | 1,500,000 |
| Infosys | Data Scientist | 1,300,000 |
| Capgemini | Business Analyst | 1,150,000 |
| Microsoft | Data Scientist | 2,100,000 |
The top companies in India offer competitive salaries for MBA in Data Science graduates. Amazon is the highest paying company with an average salary of INR 1,900,000 per annum for the role of Data Scientist. Microsoft comes in second with an average salary of INR 2,100,000 per annum.