MBA in Business Analytics: Course Details, Eligibility, Fees, Duration, Admission

Roumik Roy

MBA in Business Analytics or MBA BA is a two-year postgraduate program that combines business fundamentals with data analysis and statistical techniques designed to prepare students for careers in data-driven decision-making in a variety of industries. The MBA Business Analytics eligibility requires graduates to have 50% in the bachelor’s degree along with qualifying entrance exams such as CAT, MAT, etc. The average MBA in Business Analytics course fees range between INR 24,000 - 10 Lakhs Per Annum. 

The MBA in Business Analytics syllabus provides an in-depth understanding of data analytics along with the cutting-edge technology associated with business intelligence, enabling graduates to acquire job opportunities in several sectors such as Banking, Pharmaceutical, healthcare, media & entertainment, etc. The average salary of MBA in Business Analytics graduate is around INR 5.5 LPA (Source: Payscale).

What is MBA in Business Analytics Course?

MBA in Business Analytics course falls under the umbrella of MBA courses and focuses on combining business management skills with advanced data analysis and statistical techniques. BITS Pilani, IIM Kashipur, and Delhi University are among the top institutions offering this course. The subjects deal with the study of descriptive, diagnostic, predictive, and prescriptive analysis, and, provide an in-depth insight into hypothesis testing, neural networks, ANOVA, algorithms, and data mining techniques.

Data analysts, business analysts, and data mining expert roles are available in top recruiting companies such as Cognizant, IBM, HP, etc., with an average salary of INR 7- 18 LPA, enriching the scope of MBA in Business Analytics in a significant manner.  

MBA Business Analytics Eligibility Criteria

The Master of Business Administration in Business Analytics eligibility criteria may differ based on college regulations. However, most colleges have specific prerequisites that all candidates must satisfy. The following are the common MBA Business Analytics eligibility requirements:

• A candidate must have completed a bachelor's degree in BCom/BBA/BTech, or any equivalent degree with a minimum of 50% aggregate (45% marks for reserved category) from a recognized university. The student should also qualify for the entrance exams like CAT, MAT, XAT, etc.
• Premium Institutions such as IIM and ISB require a 90-95% score in the MBA entrance exams.
• The cutoff scores are calculated using entrance exam scores and undergraduate results.
• Students who are taking their final examinations or waiting for their final results can also apply.
• There are no age limits for pursuing this course. 

Why Choose the MBA BA Course?

MBA in Business Analytics course in India aims for a holistic understanding of concepts based on big data, problem-solving, business tactics, forecasting, and communication.

Some of the reasons elaborating why one should enroll in an MBA in Business Analytics course in 2024 are given below:

• Demand: The demand for business analytics is growing substantially due to the growing number of businesses, digital transformation with AI and Machine Learning, government initiatives, along with Increasing adoption of data-driven business approaches.
• Exposure to Latest Tools & Technology: Students get to have a wide amount of exposure to the contemporary tools used in business analytics such as Data visualization with R and Python.
• Emerging Course: The course is based on in-depth insight into the latest technologies such as blockchain, IoT, predictive analytics, neural network, etc.
• Career Growth: The course helps to gain much knowledge in management that will reward your future benefits. It provides new opportunities and challenges to face in day-to-day life.
• Employment Opportunities: Students have adequate career prospects in several business units and enterprises based on IT, manufacturing, and operation, and include job roles such as Business Analyst, Digital Marketing Manager, Business Development Analyst, Business Consultant, etc.

Also, Check: Top Reasons to Pursue an MBA

MBA in Business Analytics Admission Process

Admission to MBA in Business Analytics is conducted either through merit or through marks obtained in the entrance exams. The admission process is followed by group discussions and personal interviews for final selection. Students can get accepted to private institutions by management quotas, which have a restricted number of seats. The step-by-step admissions procedure for the MBA in Business Analytics course at leading colleges is detailed below.

• Step 1: Aspirants need to fill out the registration form online or offline by visiting the college website or enquiring at the admission desk.
• Step 2: Aspirants need to attach all the documents in that format, including Aadhar card number, address proof, voter ID card, domicile, mark sheets, etc. 
• Step 3: Candidates are chosen based on their MBA eligibility requirements and entrance exam cut-off scores.
• Step 4: The shortlisted applicants are required to appear for personal interviews, group discussions, and aptitude tests for final selection.
• Step 5: Students must submit the necessary documentation and pay the relevant MBA course fees.

Also, Read More on MBA Admission

MBA in Business Analytics Entrance Exams

Prospective students need to appear for entrance exams such as CAT, MAT, CMAT, etc. These exams are administered at various levels, including national, state, and university levels, as part of the admission process. Performance in these entrance exams plays a crucial role in determining eligibility for admission to top-tier business analytics programs.

Listed below are the MBA entrance exams for Business Analytics specializations:

Top MBA Business Analytics Colleges with Fees 

MBA in Business Analytics is offered by several top institutions across India. The top government institutions offering MBA in Business Analytics include universities such as SMS Hyderabad and Delhi University, and private institutions such as SIBM Pune and  BITS Pilani are also popular for offering this course. IIM Kashipur and IIM Ranchi are the top IIMs offering an MBA in Business Analytics. 

The average MBA Business Analytics fees ranges from INR 24,000 LPA to 10 LPA. The structure of MBA in Business Analytics course fees is dependent on variables such as academic structure, college amenities, location, etc.

Listed in the tables below are the top universities for MBA in Business Analytics courses in India according to NIRF Management Ranking:

Top 10 City-Wise MBA in Business Analytics Colleges in India

Listed below are some of the top colleges providing MBA in Business Analytics in different cities:

Types of Master of Business Administration in Business Analytics Courses

MBA in Business Analytics course in India is accessible with various modules of studies and includes full-time, part-time, and distance learning modes. These options provide flexibility for regular aspirants and experienced candidates as well. The following are the several types of programs available for the MBA in Business Analytics course:

Part-Time MBA in BA

The part-time MBA in Business Analytics course is the best option for working professionals. Students may not receive some training conducted under the full-time mode, however, this mode ensures students receive essential knowledge of Business Analytics. Given below are some of the important notes for a part-time MBA in Business Analytics course:

• The course fees for part-time mode range between INR 1-3 LPA. 
• Skill-development programs and certification courses are added under the course structure
• The part-time MBA in Business Analytics course duration is 2-3 years

Distance MBA in BA

Students interested in pursuing an MBA in Business Analytics course remotely can enroll in the Distance program. This type of course is designed for students who are working professionals. Given below are some of the key points of a Distance MBA in Business Analytics course:

• Online classroom sessions and webinars are highly incorporated under the course module
• The fee structure of distance MBA in Business Analytics courses ranges between INR 50,000-1.5 LPA.
• The MBA course duration for this mode is 2-4 years.

MBA Business Analytics Syllabus

The first-year MBA in Business Analytics subjects focus on core management principles along with foundational concepts of business intelligence, data analytics, and operations. The second-year MBA in Business Analytics subjects progress into advanced topics such as SQL, data mining, computer programming, data modeling, etc.

Following are the key topics covered in the course Master of Business Administration in Business Analytics Syllabus:

Note: MBA in Business Analytics syllabus does not differ from the subjects of other MBA specialisations in the 1st year. Students are introduced to core concepts of business analytics from the 2nd year onwards.

Read More: MBA in Business Analytics Syllabus

MBA in Business Analytics vs MBA in Data Science

MBA in Business Analytics combines business management skills with advanced data analysis techniques, such as using data to make strategic decisions, solve business problems, and improve operations. MBA in Data Science delves into data analysis and its applications, including machine learning, artificial intelligence, and data-driven decision-making. The table below showcases the difference between an MBA in Business Analytics course and an MBA in Data Science:

Read More: MBA in Data Science

Courses After MBA in Business Analytics

MBA in Business Analytics course graduates can choose to pursue their higher education or certification courses in business analytics, artificial intelligence, or other technology-based courses. The MBA syllabus equips students with fundamental knowledge to pursue various higher education programs. Some of the courses after the MBA are given below:

• Ph.D. in Business Administration
• Ph.D. in Business Analytics
• DBA
• DMS
• Doctoral Programme in Management

MBA in Business Analytics Salary

The average salary after an MBA in Business Analytics can range from INR 4-12 LPA, depending on factors such as job designation, roles, location, company reputation, etc. An entry-level job offers an average salary ranging from INR 3 - 4 LPA, while an employee with more years of experience can earn salaries ranging from INR 6-10 LPA. 

Detailed in the table below is an overview of the MBA in Business Analytics jobs after graduation and their respective salaries.

[Source: AmbitionBox]

Read More: MBA in Business Analytics Salary

Career Options After MBA in Business Analytics Course

Aspirants completing MBA in Business Analytics courses can get hired in professional groups such as Accenture, HP, IBM, Cognizant, Tata Consultancy Services, American Express, and so on. Business analysts help to implement ideas to find a real-time solution to problems.  After obtaining an MBA in Business Analytics, one can get employment opportunities for the following job titles:

Top Recruiters for MBA in Business Analytics

The significance of the MBA in Business Analytics course in India is rising as the demand for business analysts is growing substantially. Candidates can acquire career opportunities in top MNCs, business units, and enterprises. Some of the top recruiters for the MBA in Business Analytics course are given below:

[Source: Payscale & AmbitionBox]

Skills that Make You the Best Business Analyst

Students need to possess certain skills and abilities to perform well in the course as this course is technical and requires analytical skills. One needs to have a foundational base in numerical and quantitative aptitudes for a better understanding of the subject matter. With a Master of Business Administration in Business Analytics, a student can gain the following skills:

• SQL databases - Knowledge of SQL helps students to build databases and execute numerous database activities.
• Python and R - It is important to know analytical tools and programs for forecasting and trend analysis
• Survey/query software - Knowledge of query software enhances CRM activities which include customer satisfaction, and employee engagement along with conducting relevant market research. 
• Business intelligence and reporting software - Business intelligence reporting tools may assist in enhancing corporate performance by offering insights into consumer behavior, sales patterns, and financial data.
• Data visualization - Data visualization is important for evaluating complex data, discovering trends, and extracting valuable insights.
• Database design - Students should have ideas to design & manage databases for essential data interpretation.
• Problem-solving skills - A problem-solving mindset helps to face challenges associated with business operations and provide solutions efficiently. 
• Effective communication - Communication skills play an important role in candidates’ career growth and maintaining relationships with clients, team members, and business partners. 
• Creative thinking - Students are required to possess creative thinking which helps to analyze complex situations under business processes. 
• Industry knowledge - Students having industry knowledge and current business trends help to implement ideas and knowledge in their productivity. 

Preparation Tips for MBA in Business Analytics Course

An MBA program helps to develop the leadership and management skills needed to advance your career. But to achieve that goal and succeed in your program of choice, the student first needs to prepare the mindset for Business analytics.

• Talk to Ex-students and Alumni of MBA:  Former MBA students can provide perspective information on various tips for preparing. Talk to friends who have completed their MBA from business schools.
• Read Books and Surf the Internet: What a student can gain from an MBA program is problem-solving and leadership skills. If they want to build a career in the Business Analytics area, they have to refer to books and the internet and explore them accordingly.
• Concentration: Many business schools are not providing the necessary and small skills that will have to be captured by the candidate on their own. Not every business school guide is about the basis of last year. Business schools provide the platform to gain more knowledge in a limited period.
• Mentally Prepare: Working hard with offers and advantages will ensure success in the candidate's future. 

Top MBA in Business Analytics Colleges

Amrita Vishwa Vidyapeetham

Coimbatore,Tamil Nadu

University of Hyderabad (UOH)

Hyderabad,Telangana

Delhi University (DU)

Delhi,Delhi NCR

Anna University

Chennai,Tamil Nadu

BITS Pilani

Pilani,Rajasthan

Amity University Noida

Noida,Uttar Pradesh

SRM University (SRM IST)

Chennai,Tamil Nadu

SIU Pune

Pune,Maharashtra

Top Management Entrance Exams

CAT

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MAT

Exam Date: May 19, 2024

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NMAT

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GMAT

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JEMAT

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CMAT

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IBSAT

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IMUCET

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MBA in Business Analytics Fee Structure

See Various MBA in Business Analytics Colleges in India