With a rapid increase in the latest technology and rigorous requirements, a majority of colleges offer online, offline, and hybrid courses for MBA in Business Analytics. Data analytics and business intelligence are of great use in recent times, mainly with the growing need for digital handling of customers’ data.
Several businesses use piled data sets in spreadsheets, statistics, aggregates, and other meaningful data forms. Thus, an MBA in business analytics can give a promising edge to your CV. It makes individuals skilled enough to dig deeper into analytics, use numbers, and provide various details and information to the business leaders for their growth.
For those who are unaware, business intelligence is a field that helps prepare professionals for assessing and making sense of data so that various businesses can make strategic use of it.
Considering that a gamut of global industries are raising their demand for better-strategized data sets, and their analysis, individuals are also required to work with data efficiently and quickly.
In such a scenario, taking up this course helps individuals prepare and thrive in the business world with various data sets. Getting an MBA in Business analytics provides candidates with a standard of any program’s core in MBA, including the business fundamentals, management techniques, and advanced theories.
It further helps learn best practice for utilizing any database, organizing and compiling the extracted information, and curating data for better usage. So, if you are interested in pursuing an online MBA in data analytics and business intelligence, this post covers vital information.
MBA in Data Analytics and BI: An Overview
Despite being a developing field in India, Data Analytics and Business Intelligence have managed to gain immense popularity among aspirants of management. Many prominent colleges offer courses in this domain, MBA in Business Analytics being one of them.
Keeping in mind the rising demand for MBA graduates, this course can turn out to be an advantageous bet. This can potentially lead to an exponential surge in elite colleges offering data science and business courses.
In the present scenario, a majority of students, as well as professionals, are choosing to go for an MBA in either data analytics or business intelligence from top colleges. Hence, almost every other institute is ensuring the availability of this course on their list.
Both in data analytics and business intelligence, the curriculum varies according to the program as there is also a difference in the degrees offered. The fundamental skills that you may get to learn include statistics, database architecture, data analytics, core business skills, and technological competencies.
Data Analytics and Statistics
By taking classes in data analytics and statistics, candidates can get trained for organizing, analyzing, and interpreting data from various datasets. Learners also gain practical knowledge of probability, machine learning, randomization techniques, and quantitative methods.
Business Performance Management
Classes in business performance management focus on the techniques and processes for meeting organizational goals. Those opting for the subjects also learn the linking of employee tasks with an organization’s overall mission. Students learn the development of various methods and tools for coaching employees and managing workers at all performance levels.
Leadership and Organizational Behaviour
Classes of leadership and organizational behaviour equip students with various tools to motivate employees, communicate effectively with everyone, and shape the corporate culture. The course explores the organizations’ dynamics, the mechanic of decision-making in a workplace, management of innovations and changes, and strategic planning for success.
MBA in Data Analytics and Business Intelligence: Highlights
Here is a brief about an MBA in Business Analytics and Data Science that a candidate choosing this course must know.
- Course Name – MBA in Data Analytics and Business Intelligence / MBA in Data Science and Business Analytics
- Level – Post Graduate
- Field – Management
- Specialization – Data Science and Business Intelligence (Business Analytics)
- Duration – 2 years
- Exam Type – Semester-wise
- Eligibility Criteria – At least 50% marks in Bachelor’s Degree
- Selection Procedure – Entrance Exams followed by personal interviews, Group discussions, academic performance
- Average Starting Salary – INR 7 lacs per annum to INR 20 lacs per annum
- Job Profiles – Data Analyst, Business Analyst, Data Scientist, Risk Analyst, Industry Analyst, Stock Analyst
MBA in Data Analytics and Business Intelligence
Professionals seeking postgraduate management courses to get maximum benefits and value from their degrees are the ones going for the MBA courses. MBA in Data Analytics and Business Intelligence is gaining popularity and is being preferred in India in terms of MBA specializations.
Many prominent MBA colleges, including the IIMs (Indian Institutes of Management), are providing the course. Several other universities and institutes are also expected to go on the same path.
Currently, the scope of data scientists and business analysts is higher in the domain. Such professionals are also rapidly becoming the highest paid ones in the private industry across India.
Plenty of emerging start-ups and companies offering digital services are looking for candidates with expertise in this field as well. On top of that, one of the biggest reasons behind these candidates being preferred is because of their capabilities in terms of using varying proficiencies to aid companies with a better decision-making process and plan relevant feedback and surveys’ data strategies.
Preferred Colleges and Institutes for MBA in Data Analytics and Business Intelligence
Right from any traditional on-campus program to a hybrid on-campus course or an online one, candidates who wish to pursue an MBA degree in business analytics have a lot of options to choose from.
Several universities promote such MBA programs that cater to busy professionals and students who cannot relocate or attend classes physically or prefer learning in their own space.
Business students can now also enrol in qualitative, competitive online programs while being well-connected to their traditional counterparts. Here is a list of top Indian colleges offering MBA in data analytics and BI.
|College||Course||Fee||Criteria for Admission|
|School of Management Studies, University of Hyderabad, Hyderabad||MBA in Business Analytics||1.40 lacs INR||CAT + PI + GB|
|IIM Bangalore||MBA in Business Analytics||21.15 lakhs INR||CAT + Written Test + PI|
|Symbiosis Centre for Management and Human resource development (SCMHRD), Pune||MBA in Business Analytics||15.158 lakhs INR||SNAP + WAT + GEPI|
|Indian School of Business (ISB), Hyderabad||Advanced management program in Business Analytics (AMPBA)||9.65 lakhs INR||CAT/ GRE/ GMAT/ NMAT/ Online Test + PI|
|Lal Bahadur Shastri Institute of Management (LBSIM), New Delhi||PGDM in Research and Business Analytics (PGDM R & BA)||11.67 lakhs INR||GMAT/ CAT + WAT+ GD + PI|
|IIM Calcutta with IIT Kharagpur and ISI Kolkata||Post Graduate Diploma in Business Analytics (PGDBA)||24 lakhs INR||Written Test + PI|
|Symbiosis Centre for Information Technology (SCIT), Pune||MBA in Data Analytics and Data Science||13.658 lakhs INR||SNAP + GEPI + WAT|
|Great Lakes Institute of Management (GLIM), Chennai||Post Graduate Program in Business Analytics & Business Intelligence (PGP BABI)||–||GLIM Selection process|
|Welingkar (WE School), Mumbai / Prin. L. N. Welingkar Institute of Management Development and Research (WIMDR), Bangalore||PGDM – Research and Business Analytics||11 lakhs INR||CAT/ XAT/ ATMA/ CMAT/ GMAT + GDPI|
|Galgotias University, Greater Noida||MBA in Business Analytics in association with IBM||4 lakhs INR||MAT / CAT/ XAT/ UPSEE|
|Lovely Professional University (LPU), Jalandhar||MBA in Business Analytics||7.6 lakhs INR||LPU Admission Process|
|BSE Institute Limited (BSE), Mumbai||A certificate program in Business Analytics from IIT Madras||1.5 lakhs INR||BSE Admission Process|
|GD Goenka University (GDGU), Gurgaon||PGD in Data Science PGD in Data Analytics and Cloud computingMSc in Analytics and Big Data||1.9 lakhs INR2.28 lakhs INR2.28 lakhs INR||GDGU Admission Process|
|JK Lakshmipat University||PGD in Data Science||1.36 lakhs INR||JKLU Admission process|
|Manav Rachna University (MRU), Faridabad||MBA Dual Specialization in Business Analytics||5.97 lakhs INR||MRU Admission Process|
|Versatile Business School (VRS), Chennai||MBA in Business Analytics||3 lakhs INR||VBS Admission Process|
|LK University (KLU), Guntur||MBA in Business Analytics||6 lakhs INR||KLU Admission Process|
|Maharishi University of Information technology (MUIT), Noida||PGD in Data Science||5.90 lakhs INR||MUIT Admission Process|
|University of Petroleum and Energy Studies (UPES), Dehradun||MBA in Business Analytics||13.14 lakhs INR||UPES Admission Process|
|NIIT University (NU), Neemrana||MBA in Business Analytics||5 lakhs INR||NU Admission Process|
|Jain University||MBA in Data Science or Digital Marketing||2 lakhs INR||Jain University Admission Process|
Note: The course fee mentioned in the table is subject to change every year.
Data Analytics and Business Intelligence: Importance
The modern world consists of various creations and processes that consume an unlimited data amount each second. Thanks to the upsurge in the use of smartphones and laptops being operated with a high-speed internet connection, data delivery as well as recovery have become a profitable trade of the 21st century.
It has not only been helpful in the creation of completely new companies but has also helped support their growth. Not just that, but this revolution had a significant impact on the operation and strategizing of the existing businesses.
Many organizations and companies functioning in different fields rely on data for tuning operation and maximizing profits. Furthermore, as digitalization and the modern era’s technological advancements have made it seamless to process and analyse large data sets, organizations and companies’ dependence on big data has increased rapidly.
This is a huge reason why the demand for those professionals who are skillful in the field of data analytics and business intelligence is also growing.
If you wish to upskill in this domain, you can take up the Jain University MBA degree in Data Science or Digital Marketing + Advanced Certificate from Great Learning and earn an MBA Degree from one of India’s Top Universities to build a rewarding career. Learn from the top management faculty with live interactive sessions and become industry-ready. Register today!
You can also enroll with Great Learning’s Executive PG Program in Management and gain the required managerial skills to build a rewarding career.1