10 Best Colleges Offering MBA in Data Science and Business Analytics in 2024

Abhinav Chamoli

Updated On: May 20, 2024 08:28 pm IST

The top colleges offering MBA in Data Science and Business Analytics include IIM Bangalore, IIM Calcutta, IIT Kharagpur, ISB Hyderabad, and SCMHRD Pune. It's a trending specialization available only in a few colleges in India!

10 Best Colleges offering MBA in Data Science and Business Analytics

The best colleges offering MBA in Data Science and Business Analytics in India include IIM Bangalore, IIM Calcutta, IIT Kharagpur, ISB Hyderabad, and SCMHRD Pune . These colleges have a proven track record of producing highly skilled professionals who are capable of fulfilling the demands of the job market. Additionally, they have a robust placement cell that works tirelessly to provide ample job opportunities to their students. With a focus on holistic development, these MBA in Data Analytics colleges in India offer a comprehensive curriculum that prepares students for the challenges of the corporate world and equips them with the skills and knowledge required to become successful leaders in Data Science and Business Analytics. If you are interested in the area, explore the 10 best colleges offering MBA in Data Science and Business Analytics covering important details including the application process, admissions, and fee structure.

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Best 10 Colleges for MBA in Data Analytics and Business Analytics

Here are some of the top MBA Data Analytics colleges in India that have earned a good reputation for their quality course curriculum and have an excellent placement record as well.

Name of the College

Ranking 2023-24

Courses Offered

Duration

Type

Approx. Course Fees

Admission Criteria

IIM Bangalore

NIRF Ranking 2023: 2

MBA Business Analytics

2 years

Full-time

INR 24.5 Lakhs

CAT Exam + Written Test + PI

IIM Calcutta

NIRF Ranking 2023: 4

Post Graduate Diploma in Business Analytics (PGDBA)

2 years

Full-time

INR 25 Lakhs

CAT + Written Test + PI

IIT Kharagpur

NIRF Ranking 2023: 14

Post Graduate Diploma in Business Analytics (PGDBA)

2 years

Full-time

INR 9 Lakhs

CAT + Written Test + PI

ISB Hyderabad

FT Global MBA Ranking 2024: 1

Advanced Management Programme in Business Analytics (AMPBA)

1 year

Full-time

INR 10.85 Lakhs

GRE Exam / GMAT Exam / NMAT by GMAC / CAT/ Online Test + PI

School of Management Studies, University of Hyderabad

QS World University Rankings 2024: 801-850

MBA - Business Analytics

2 years

Full-time

INR 1.40 Lakhs

CAT + PI + GD

Symbiosis Centre for Management and Human Resource Development, Pune

IIRF Ranking 2024: 5

MBA in Business Analytics

2 years

Full-time

INR 18.87 Lakhs

SNAP Exam + WAT + GEPI

Symbiosis Centre for Information Technology, Pune

IIRF Ranking 2024: 17

MBA in Data Sciences and Data Analytics

2 years

Full-time

INR 15.91 Lakhs

SNAP + GEPI + WAT

ISI Kolkata

QS World University Rankings 2024: 1401

Post Graduate Diploma in Business Analytics (PGDBA)

2 years

Full-time

INR 25 Lakhs

CAT + Written Test + PI

Prin. L. N. Welingkar Institute of Management Development and Research, Bangalore

NIRF Ranking 2023: 73

PGDM - Research & Business Analytics

2 year

Full-time

INR 14 Lakhs

CAT/ GMAT/ XAT Exam / ATMA Exam / CMAT Exam + GD/ PI

Galgotias University, Greater Noida

NIRF Ranking 2023: 91

MBA (Business Analytics in association with IBM)

2 years

Full-Time

INR 4 Lakhs

CAT/ MAT/ XAT/ UPSEE + GD/ PI/ Essay

Other Business Analytics and MBA Data Analytics Colleges in India

Given in the table below are MBA in Data Analytics colleges in India you can consider.

Name of the College

Courses Offered

Duration

Approx. Course Fees

Lal Bahadur Shastri Institute of Management, New Delhi

PGDM in Research & Business Analytics (PGDM R & BA)

2 years

INR 13 Lakhs

Welingkar (WE School), Mumbai

PGDM - Research & Business Analytics

2 years

INR 15.50 Lakhs

Lovely Professional University (LPU), Jalandhar

MBA in Business Analytics

2 years

INR 7.6 Lakhs

BSE Institute Limited (BSE), Mumbai

Certificate Program in Business Analytics from IIT Madras

1 year

INR 1.5 Lakhs

GD Goenka University (GDGU), Gurgaon

  • PGD in Data Science

  • PGD in Data Analytics & Cloud Computing

  • MSc in Analytics & Big Data

  • 1 year

  • 1 year

  • 2 years

  • INR 1.9 Lakhs

  • INR 2.28 Lakhs

  • INR 2.28 Lakhs

JK Lakshmipat University

PGD in Data Science

1 year

INR 1.36 Lakhs

Manav Rachna University (MRU), Faridabad

MBA Dual Specialization in Business Analytics

2 years

INR 5.97 Lakhs

Versatile Business School (VBS), Chennai

MBA Business Analytics

2 years

INR 3 Lakhs

KL University (KLU), Guntur

MBA Business Analytics

2 years

INR 6 Lakhs

Maharishi University of Information Technology (MUIT), Noida

PGD in Data Science

1 year

INR 5.90 Lakhs

University of Petroleum and Energy Studies (UPES), Dehradun

MBA in Business Analytics

2 years

INR 13.14 Lakhs

NIIT University (NU), Neemrana

MBA in Business Analytics

2 years

INR 5 Lakhs

Why Choose MBA in Data Analytics and Business Analytics?

MBA in Data Science and Business Analytics is one of the emerging specializations that has proven to be very lucrative due to the changing demands of the business world. Currently, Graduates with an MBA in Data Science and Business Analytics are met with a wealth of opportunities. In addition to these opportunities, this degree offers a host of other benefits and career advantages. The principal benefits of earning a degree from a reputed MBA in Data Analytics colleges in India are as follows

  • Emerging Domain: Today, data is an essential component of how organizations run. Large volumes of data are being collected by businesses, necessitating the need for experts who can apply analytical abilities to extract valuable information from data, analyze trends and developments, and forecast future scenarios in the corporate environment. As a result, there will be a huge need in the field for people with an MBA in Analytics and Data Science.

  • In-demand Skills: To analyze data and carry out data analytics work, one must possess a thorough understanding of the industry in question. When working as a professional, one must be aware of several things, including the elements that affect the industry's environment and the major players in that specific business. To work well with other team members, one needs to possess strong interpersonal and communication skills in addition to analytical abilities. Consequently, acquiring a Data Analytics MBA will aid in the development of both hard and soft abilities.

  • Techniques and Tools: Analysing and concluding unprocessed data is the responsibility of a data analyst. For data analysis, they employ a variety of statistical methods and instruments. People who enroll in the MBA in Analytics and Data Science degree will learn about these tools and methods, which will enable them to analyze data more effectively.

  • Business Acumen: Employers are looking for experts who can properly assess data and go beyond numbers and statistics. Data is better understood by a professional who has an understanding of business and its environment. Along with other technical capabilities, the MBA in Analytics and Data Science course aids in the development of abilities that support comprehension of business and its main goals.

  • Numerous Opportunities: Students who wish to begin their careers in a variety of professions and industries can do so with a solid foundation thanks to the curriculum of an MBA in Analytics and Data Science. Among other options are careers as a consultant or data scientist. There are countless opportunities for those who enroll in this program.

Can I Get Direct Admission to MBA in Data Science and Business Analytics?

Yes, it's possible to get direct admission to an MBA in Data Science and Business Analytics in some institutions, depending on their admission criteria. Unlike traditional MBA programs that might require CAT or CMAT scores, work experience, and a rigorous admission process, certain universities or business schools offer direct admissions based on undergraduate academic performance, specific entrance exams conducted by the institution itself, or on a first-come, first-served basis.

Additionally, some colleges might evaluate potential candidates based on their statement of purpose (SOP), letters of recommendation (LORs), and personal interviews. It's important to research and reach out to the admissions office of the institution you're interested in to understand their specific requirements and process. Keep in mind that while direct admission might seem appealing, ensuring that the program is accredited and recognized by relevant educational authorities is crucial for your future career prospects. Also, consider the curriculum offered and how well it aligns with your career goals in the rapidly evolving fields of data science and business analytics.

Jobs & Salary after MBA Data Science and Business Analytics

Check out the jobs and salary after MBA Data Science and Business Analytics mentioned in the table below:

Name of Job Role/Position

Average Annual Salary

Data Analyst

INR 11.5 lakhs

Machine Learning Engineer

INR 20.5 lakhs

Big Data Engineer

INR 20 lakhs

Business Analyst

INR 10 lakhs

Business Intelligence Analyst

INR 15.9 lakhs

Data Engineer

INR 20 lakhs

Data Scientist

INR 25 lakhs

Research Scientist

INR 16.1 lakhs

Risk Analyst

INR 21 Lakhs

Statistician

INR 17 lakhs

About MBA in Data Science and Business Analytics

The goal of the MBA in Data Science and Analytics program is to create management specialists for the Data Sciences and Analytics field. In order to prepare them for commercial and techno-functional roles in data sciences and analytics projects, students will acquire analytics competencies and apply practical data sciences technologies. Many MBA Data Analytics colleges in India, including the Indian Institutes of Management (IIMs), have started offering Data Science and Business Analytics or Big Data Analytics courses and many others are expected to follow suit.

Data Science and Business Analytics courses are offered under the degrees of M.Sc course , M.Tech course , PGDM course , MBA course , and Executive MBA . Several certificate and Diploma courses in Data Science and Business Analytics are also available in India.

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FAQs

Which are the top recruiters of MBA in Data Science and Business Analytics graduates in India?

The top recruiters of MBA in Data Science and Business Analytics graduates in India are Infosys, IBM, Apple, Amazon, Samsung, Deloitte, HCL, KMPG, Reliance, Wipro, Tata Group, ITC, Morgan Stanley, McKinsey and Company, Accenture, Boston Consulting Group, Microsoft, Intel, and American Express.

What is the average salary for MBA in Data Science and Business Analytics in India?

The average annual salary for MBA in Data Science and Business Analytics graduates in India is INR 15 LPA. This is for fresh graduates, who can scale this amount to over INR 30,00,000 in a year with experience. The initial salary is based on the placement offers made by the recruiting organisations. Across the top business schools, this offer ranges from INR 7,00,000 - INR 35,00,000 per annum. Your performance record during course study hugely impacts the final offer made.

Is MBA in Data Science and Business Analytics a good course?

Yes, MBA in Data Science and Business Analytics is a good course. It is among the most relevant courses of the 21st century. The current era is all about technical gathering, analysis, and usage of varying types of data available and legally accessible to any organisation. All organisations, irrespective of their orientation aim at collecting the data available to them and making appropriate use of the same. Hence, you can count on the course to benefit you in the long run.

Is IIT better than IIM for MBA in Data Science and Business Analytics?

No, IITs are not better than IIM for an MBA in Data Science and Business Analytics course according to experts. However, IITs are also a very good option for MBA in Data Science and Business Analytics courses due to the technical aspect of the course. Both IIMs and IITs are very close in terms of the quality of management education, especially in courses where technical knowledge is necessary. You can count on the technical superiority of IITs to work in favor of the course delivery.

Which are the best foreign business schools for MBA in Data Science and Business Analytics?

The best foreign business schools for MBA in Data Science and Business Analytics are Harvard University, University of Cambridge, London School of Economics, London Business School, Australian National University, University of Toronto, Frankfurt Business School, Insead, and MIT Sloan School of Management. All these business schools and universities have been ranked and recognised by the top ranking charts of the world among the 100 best management schools.

Is studying abroad a better option for MBA in Data Science and Business Analytics?

Whether studying abroad is a better option for MBA in Data Science and Business Analytics is a matter of personal preference. If you assume that the foreign university that has made an offer of admission is better for your professional future then you may choose it over Indian colleges. That said, Indian colleges are reputed for their management courses, and choosing to study abroad is not quite required.

Is it possible to do MBA in Data Science and Business Analytics separately?

Yes, it is possible to do MBA in Data Science and Business Analytics separately. While many business schools in India offer the two as different specialisations it is more difficult to attain both in a single degree. That said, the final choice on the matter is primarily dictated by the course of events you wish for your profession. While the two specialisations shall overlap at many points in organisational functioning, you can still opt to dedicate your career to one of the two streams.

What is meant by MBA in Data Science and Business Analytics?

MBA in Data Science and Business Analytics is an MBA specialisation. It deals with the handling of varying types of data and information available and accessible by any organisation. The analytics deal with analysing existing and forecasted data on basis of trends and other measures discovered in the data. The specialisation is one of the most important disciplines of an MBA degree and has been relevant to the current trends of the 21st century.

What is the selection process for MBA in Data Analytics colleges in India?

The selection process for MBA in Data Analytics colleges in India varies. You can however expect that the college shall require you to submit the admission application with entrance scores. You shall be shortlisted to participate in a three or two-step process leading to the final selection.

What job profiles are available after MBA in Data Science and Business Analytics?

Some of the job profiles available after MBA in Data Science and Business Analytics are Data Analyst, Business Analyst, Data Scientist, Risk Analyst, Stock Analyst, Industry Analyst, and Strategic Forecaster. Your role in any organisation, after being hired as an MBA in Data Science and Business Analytics graduate, shall be quite critical for the overall success and health of the organisation.

What is the duration of MBA in Data Science and Business Analytics?

The duration of MBA in Data Science and Business Analytics is 2 years. In the duration of the said two years, you shall gain management acumen for both Data Science and Business Analytics. The course shall place you strategically very high in the market among your competitors.

How to apply to MBA Data Science colleges?

To apply to MBA Data Science colleges, you can visit the official website of the college. You will have to submit the application form along with the application fee from the college before the last date. You also need to submit your entrance exam scores when applying, though you can send them directly through the official website of the exam.

What are the MBA in Data Analytics colleges in India?

The top MBA in Data Analytics colleges in India are IIM Bangalore, IIM Calcutta, IIT Kharagpur, ISB Hyderabad, School of Management Studies - University of Hyderabad, Symbiosis Centre for Management and Human Resource Development, Pune, Symbiosis Centre for Information Technology, Pune, etc.

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