MBA in Business Analytics: Course Details, Admission, Fees, Eligibility, Syllabus, Jobs & Salary

MBA in Business Analytics Overview

MBA in Business Analytics is a 2-year postgraduate course with a dual-focus course curriculum. The MBA in Business Analytics course not only educates students on the skills and techniques involved in analytics business but also focuses on the development of managerial skills in a candidate. It also focuses on many aspects such as decision analysis, artificial intelligence, marketing, statistics, predictive modelling, and many others. 

At present, MBA in Business Analytics course or MBA BA is one of the most commonly spoken phrases among corporate organisations and businesses across the globe. MBA BA essentially refers to the processes and techniques which are responsible for converting data into knowledge and insights that in turn drive business decisions. Owing to the popularity of MBA in Business Analytics in the corporate world, a specialisation of the same in the course of MBA BA subject has been in popular demand too. 

An MBA in Business Analytics course helps candidates in acquiring knowledge and expertise on numerous analytical tools and ultimately using them to collect and analyse data for the generation of business intelligence and also for the support of different functional areas in an organisation. MBA in Business Analytics syllabus extensively utilises explanatory and predictive modelling, statistical and quantitative analysis, fact-based management and much more.

Some other aspects that are taught in the two years-long programmes of MBA in Business Analytics include getting to learn about business metrics and delivery, data visualisation, performance management, etc. The MBA BA course provides students with a comprehensive combination of managerial and technical coursework that is needed for dealing with the future challenges in the data-driven global environment which functions entirely on technology. Nowadays, Business Analytics is being used for everything, be it solving complex business problems or simulating sporting contests. Hence, MBA in Business Analytics is quite an essential course.

MBA in Business Analytics Course Highlights

Check all the important details about the MBA in Business Analytics course from the table given below.

When to do an MBA in Business Analytics Course?

To pursue an MBA in Business Analytics is a tough choice to make. This MBA in Business Analytics subject is quite demanding. Even after the completion of the MBA in Business Analytics course, candidates must be updated with all the latest developments in the field. Hence, when one makes a decision to study MBA in Business Analytics, they must be well prepared.

Further, MBA BA can be studied after the completion of the graduation degree. Ideally, working professionals with 2-3 years of experience prefer to study MBA in Business Analytics. It helps to boost their career prospects and opportunities. MBA in Business Analytics is helpful for business persons, entrepreneurs, and also young job aspirants. Therefore, anyone interested in studying an MBA BA subject can do so after graduation easily.

Who should do an MBA in Business Analytics?

Being ambitious, far-fetched, and proactive to accept the changes in the world is a skill all MBA BA graduates must acquire. Anyone who dreams to build their own business, or a stable career in the business world may choose to pursue MBA in Business Analytics course. Young graduates, working professionals with 2-3 years of experience, senior business executives, or even candidates interested in a career as Data Scientists, Market Research Analysts, Project Managers, or others can also study MBA in Business Analytics.

MBA in Business Analytics can be a bit challenging course, so candidates opting for the course should be available and capable of giving their 100% to get good results. Choosing a career path in the field of MBA in Business Analytics may be convenient, but ensuring the career stays on track is challenging. When choosing to study MBA in Business Analytics course, candidates must also be ready to face all the challenges that come with it. The MBA in Business Analytics syllabus is complex and requires concentration and dedication. Candidates may check out the MBA in Business Analytics syllabus online before opting for it. 

Why choose MBA in Business Analytics?

Studying an MBA in Business Analytics opens up many new ventures and job opportunities. Also, jobs available after MBA BA offer decent salary packages. The knowledge gained by studying this subject can be useful in various sectors. Candidates may implement their knowledge in marketing, intelligence, finance, consultancy, and others after completion of the MBA in Business Analytics course. Both private jobs and government jobs are available after completion of this course. 

Additionally, it is highly demanded in the leading companies. The MBA in Business Analytics course will help the candidates to understand the business world quicker and customer behavior. Studying MBA in Business Analytics will always add more value to the resume of the candidates and help bag the best job opportunities with great salary packages even as freshers.

MBA in Business Analytics Eligibility Criteria

Candidates must meet the minimum eligibility criteria for the MBA in Business Analytics course to seek admission. Any candidate who does not meet the requirements for the MBA in Business Analytics will not be considered. Therefore, check the eligibility criteria of the college applying. 

• Candidates must have completed a bachelor’s degree with at least 50% aggregate for general category candidates and (45% for SC/ ST category from any recognized institute. 

• Candidates should have done graduation from any stream prior to the MBA in Business Analytics admissions. 

• Those who have appeared for the final year examination can also apply for admission to the MBA in Business Analytics course.

• Working professionals can also apply for MBA in Business Analytics admissions, fulfilling the above-mentioned conditions. Additionally, they will have to submit their work experience details while filling out the MBA in Business Analytics application forms online.  

• Valid scores on national-level exams such as the CAT/MAT will be considered for admissions to MBA in Business Analytics subject.

Also Read: Job Opportunities after MBA in India – Career, Scope and Salary

MBA in Business Analytics Types

MBA in Business Analytics subject is not confined. It derives its meaning from Business Intelligence and Advanced Analytics. Further, candidates opting for MBA in Business Analytics subject will have to be prepared to deal with data analysing and brainstorming to find effective solutions for all concerning matters based on data. Further, the MBA in Business Analytics subject offers the candidates various types to choose from. Accordingly, they can proceed with their MBA in Business Analytics jobs after the MBA in Business Analytics course. 

The MBA in Business Analytics course is based on statistical and technical methods. It focuses on strategic decision-making by analysing the data. Hence, it is divided into three types:

Descriptive Analytics

It analyses the historical data using data mining and data aggregation techniques. This helps to understand the patterns and uncover them and display them in pie charts, line charts, or graphs. The best example to explain is the annual reports of companies, where the past trends are analysed to conclude a report and not futuristics.

Predictive Analytics

The Predictive Analytics in MBA in Business Analytics is more advanced. It also uses data mining methods to assess and predict future trends. It helps the company to build opportunities to grow and scope in the upcoming future. 

Prescriptive Analytics

Meanwhile, prescriptive analytics shows the company's realistic data. It portrays the data in raw form to know what is best for the business.

Candidates while choosing to pursue MBA in Business Analytics subject will have to choose a path that they are most confident about. It will also help them to choose a position or profile for jobs after MBA in Business Analytics course.

Difference between MBA in Business Analytics and MS in Business Analytics Degrees

Now, let’s draw a comparison between an MBA in Business Analytics and MS in Business Analytics. Both these courses are designed to serve different interests. Hence, according to the interests and needs of the candidates, they can choose either of the two. The core course curriculum of the MBA in Business Analytics and MS in Business Analytics courses is different. So, here are the differences between the two:

How to get Admissions for MBA in Business Analytics?

Candidates who have applied for admission to MBA in Business Analytics will have to appear for an entrance examination, at the national level, state level, or institutional level. Candidates will have to undergo the entire admission process of the particular colleges. There are several stages involved in the MBA in Business Analytics admission process. 

• First, candidates must check out the eligibility criteria for the MBA in Business Analytics  course. They must also ensure that they check the MBA in Business Analytics syllabus, MBA in Business Analytics course fees, MBA BA placements, and other additional benefits. 

• Further, if the candidate is satisfied with the details and is interested in pursuing the MBA in Business Analytics course, he can appear for any of the entrance exams. There are many entrance exams conducted for admission to MBA in Business Analytics such as MAT, CAT, CMAT, or GMAT. Candidates must check the college website if they are interested in applying for the entrance exam accepted by the college.

• Colleges will shortlist candidates on the basis of their scores in the entrance examinations and performance in the academic degree. After that, candidates will be called for the personal interview and group discussion round for the admissions for MBA in Business Analytics course. 

• Again, the selected candidates can submit the required documents and annual MBA in Business Analytics course fees to confirm their admission.

The MBA in Business Analytics subject is quite a demanding and extensive course with a difficult MBA in Business Analytics syllabus. So, it is best to be prepared well in advance for the programme. Although the entrance exam is common for all MBA subjects, during the personal interview and group discussion rounds, the questions will be Business Analytics course centric.

Also Read: List of MBA Specializations - Which Course to Choose? Scope, Differences & Top Colleges

MBA in Business Analytics Entrance Exams

Candidates must appear for entrance exams to seek admission to MBA in Business Analytics subject. Based on the college, candidates wish to be admitted to, they will have to appear for one of the entrance exams for an MBA in Business Analytics subject. The entrance exams are conducted by the national or state authorities. Only a few colleges/ institutes conducted entrance exams at the institute level for admissions to MBA in Business Analytics subject. Candidates will have to appear for either of the entrance exams. The entrance exams may be conducted online or offline. However, the application forms will be available online. 

There are two ways to approach the entrance exams. Either candidate may first appear for any of the popular MBA entrance exams and then based on colleges accepting the entrance exam score they may apply for the desired college for MBA in Business Analytics subject. If not, another option is to first shortlist some of the preferred colleges and check the requirements of the colleges. And then apply for the entrance exams accordingly. 

Here are some of the popular MBA entrance exams that candidates may appear for:

• Common Admission Test (CAT)
• Management Aptitude Test (MAT)
• Symbiosis National Aptitude Test (SNAP)
• Xavier’s Aptitude Test (XAT)
• NMAT by GMAC
• Common Management Aptitude Test (CMAT)
• Indian Institute of Foreign Trade (IIFT)
• MICA Admission Test (MICAT)
• ICFAI Business School Aptitude Test (IBSAT)

Also Read: List of MBA Entrance Exams in India 2022-23 - Schedule, Application, Exam Pattern, Syllabus & Participating Colleges

MBA in Business Analytics Best Colleges in India

MBA in Business Analytics subject is quite popular in India. Multiple private and government colleges in India offer this subject. Candidates may take admissions to any of their desired Private MBA in Business Analytics colleges or Government MBA in Business Analytics colleges in India. The placements and ROI records of these colleges are almost 100%. Also, they follow the MBA in Business Analytics syllabus for the curriculum, still, candidates may check out the MBA in Business Analytics syllabus of the particular college in concern on their official website online. Although the admission process may differ from college to college. 

The table provided below contains some well-known MBA in Business Analytics colleges in India and their MBA in Business Analytics Course Fees.

Study MBA in Business Analytics Abroad

The MBA in Business Analytics syllabus abroad is quite similar to that of the curriculum followed in India. However, Candidates will have to clear the entrance exams to take admissions in MBA in Business Analytics colleges abroad.

To take admissions for an MBA in Business Analytics abroad in various colleges/universities, candidates will have to appear for Graduate Management Aptitude Test (GMAT), an international level MBA entrance exam. Also, candidates will have to appear for the Language test. Depending on the country and college applying for, they must appear for the International English Language Testing System (IELTS), or Test of English as a Foreign Language (TOEFL). Candidates must meet the minimum requirement of the TOEFL and IELTS and GMAT score to proceed with the admission process of the particular institution. 

Make sure to check out the MBA in Business Analytics course fees and the MBA in Business Analytics syllabus of the colleges before applying for it. Also, some colleges offer scholarships, candidates can also apply for the same while filling out the application form. 

MBA in Business Analytics Abroad Top Colleges

If you decide to go out of the country to pursue your goals, it is best to choose the best colleges. It will provide better opportunities and job offers after completion of the MBA in Business Analytics course. So, here are some of the best MBA BA colleges abroad:

State-wise MBA in Business Analytics Admission

An MBA in Business Analytics subject is widely demanded by prominent companies and industries. There is great competition among the candidates to pursue MBA in Business Analytics subject. Therefore, there are numerous colleges offering the MBA in Business Analytics course. The MBA in Business Analytics admissions for various states are different, and also from college to college. So, here are some of the popular destinations in India to pursue an MBA in Business Analytics subject:

MBA in Business Analytics Subject Admissions in Delhi

There are more than 50 colleges in Delhi offering MBA in Business Analytics subject specialisation. To take admissions to these colleges, candidates must clear the selection process of the particular college. There are several stages involved in the admissions process for MBA in Business Analytics subject. Candidates will first have to appear for either a national-level or institute-level entrance exam based on the college requirements. Then they will have to appear for GD and Personal Interview rounds, where the topics are from the MBA in Business Analytics subject background itself. There is competition and only the candidates performing excellently are selected. There are also separate selection criteria and weightage, which depend on college to college. 

Here are some of the leading MBA in Business Analytics colleges in Delhi:

MBA in Business Analytics Course Admissions in Mumbai

The heart of the business world, Mumbai is where candidates rush in to study management courses or to build a career in the Business world. Pursuing MBA in Business Analytics is a step toward a bright future in the business arena. The MBA in Business Analytics syllabus is designed in a manner to beat all the drawbacks and to emerge as a rising business in the currently evolving and changing business world. The colleges offering MBA in Business Analytics subjects accept admissions through the national-level entrance exams such as CAT, MAT, CMAT, etc. Also, some colleges offering student exchange programmes accept candidates with GMAT scores. Maharashtra also conducts a state-level entrance exam - MAH CET. It is accepted by most colleges. 

Here are some of the best MBA in Business Analytics subject colleges in Mumbai:

What is MBA in Business Analytics Course Fees?

The course fees for MBA in Business Analytics starts from a minimum of INR 6 lakhs and ranges up to INR 25 lakhs annually. The fees depend on the college. Government or Public colleges offering MBA in Business Analytics course fees are marginally lower than private colleges. 

However, the ROI and job opportunities are equally good in both the private and government colleges in India. Here are some of the top colleges offering MBA in Business Analytics specialisation course with their fees structure:
 

Required Skills for MBA in Business Analytics

Graduating in MBA BA subjects is merely the degree that one receives from the institute.  But candidates must be skilled and prepared for the hardships. Here are some of the skills that candidates need to compete in the business world.

MBA in Business Analytics Core Skills

• Communication is always the key factor in the rapidly changing business world for an MBA in Business Analytics. Candidates will have to communicate their ideas, prospects, insights on projects or deals. One must be capable of portraying the correct viewpoint with the correct words and statements. In the business world, every word has deep meaning, and requires speaking responsibly. They must also have great presentation skills to present their story after analysing the data. 
• Inquisitiveness is a must skill for a MBA in Business Analytics course study. The natural curiosity to discover and find the real meaning from the data. It comes in handy while handling large groups of people, or managing a company. It helps the person stay in touch with the business world and its changes.
• While handling big data, often problems arise due to multiple factors. Candidates in MBA in Business Analytics must be problem solvers.To handle statistics and predictive analysis will be the part of the job, and the candidate must be capable of doing that and coming up with quick solutions.
• An MBA in Business Analytics should also be a critical thinker. Merely collecting data, and concluding is not an answer. They must be able to think critically of the data. First collection of data, then analysing the data critically and finally, drawing a conclusion will be helpful.
• Candidates must be visualisers. Some matters require a fresh start or disintegration of the data. In such matters, an MBA in Business Analytics should be able to perform the task and rebuild the data with a fresh visual or viewpoint. 
• Must have keen eyes for the matter and also see the bigger picture. They must be flexible with their viewpoints to see the big picture, as well as concentrate on minute details. While analysing data, every detail is necessary. 

Technical Skills for MBA in Business Analytics

• Having technical skills in MBA in Business Analytics subject is a necessity. Candidates must have their hands clean over some of the technical skills. The course MBA in Business Analytics demands that candidates must be comfortable with working with big data and analytics on a daily basis. They must possess theoretical as well as practical knowledge of some fundamental tools of Business Analytics. These are:
• Candidates must be aware of SQL, a coding language. It is one of the most important tools in the MBA in Business Analytics subject. Professionals should be able to work with the tool, extract data and analyse it. 
• Statistical Language must be known to the candidate. Traditionally, The Python language and the R language are the most common and also the most used languages. While studying MBA in Business Analytics, candidates will be taught about it, and they must have their concepts clear with the language. 
• There is some statistical software that candidates can use while working with data and analysing. It helps them to write codes to simplify their work. Some of the software are SPSS, SAS, Mathematica, Excel, Sage, and others. Candidates will be taught about it during the MBA in Business Analytics course.

Course Curriculum for MBA in Business Analytics

The entire MBA in Business Analytics course circulates around data analysis and predictive analysis. The main focus of the course is to equip the candidates with the various tools and mechanisms of the business analytics world. During the course, candidates will learn about the various aspects of the business world, managerial skills, analysing skills, practical knowledge of the business world, and handling data. MBA in Business Analytics helps in small as well as large businesses. 

MBA in Business Analytics Syllabus

Before applying for this course, it is essential to know the MBA in Business Analytics course syllabus. The syllabus of MBA in Business Analytics severely focuses on management, decision analysis, and quantitative methods. It is best to know the MBA BA syllabus in detail.  

The syllabus for MBA BA is provided in the table below. It will help you understand the topics and subjects that will be taught within the two years of the programme. 

First Year:

Second Year:

MBA in Business Analytics Scope In India

The business world is always growing. It requires a new approach and new innovations. The MBA in Business Analytics is a course that majorly revolves around data and analysis. In the growing business world in India, this has great potential and scope. Many prominent leaders are required in the business world to take to new heights in the industry. 

What is MBA in Business Analytics Salary?

The stakes after completion of the course are high. Candidates without the practical knowledge or work experience, merely on the basis of their education on MBA in Business Analytics can receive salary offers from a minimum of INR 8 LPA. With 2-3 years of experience, candidates can get an average salary package of INR 8-16 lakhs per annum. And further, with experience, candidates can get a salary above INR 25 LPA depending on their skills and experience.

Career Options and Job Prospects After MBA in Business Analytics

Even though MBA in Business Analytics is not in much demand in India, the sector is showing a high potential for talented graduates in the field. After completing this programme, a student can pursue a career in several fields. Industries such as retail, financial services, manufacturing, social media, healthcare, gaming, oil and gas, telecom companies, etc. actively look for candidates who can take up the job profiles that require specialisation in business analytics.

There is a high demand for data scientists and MBA in Business Analytics graduates and the demand is only expected to grow in the future. Some of the most popular sectors that have a high demand for Data Scientists are Finance and Insurance, Professional Services, and IT. 

Candidates can choose any field or area as per their interests and goal in order to build a career. Some popular jobs sought by candidates after completing MBA in Business Analytics are given below.

Top Recruiters of MBA in Business Analytics

Some of the prominent names in the industry hire MBA in Business Analytics graduates. Candidates are either directly placed from their college or university, or they may directly apply as per the vacancy. The recruitment process differs from company to company. Yet, most companies check the qualifications of the candidates and conduct personal interview rounds. On average, candidates are offered INR 8-16 LPA salary packages. However, it may be higher depending on the company and the capabilities of the candidates. Here are some of the leading names: