MBA in Business Analytics Salary, Jobs, Scope in India
MBA Business Analytics jobs are available in various industries such as Information and Technology, E-Commerce, Telecommunication, Retail, etc. The average salary of an MBA Business Analytics graduate ranges between INR 4-12 LPA (Source: Payscale) with a range of career options, including data analyst, technical team leader, data scientist, data mining expert, etc.
The MBA in Business Analytics course prepares and trains the students to build their careers by getting the opportunity to work in prominent companies like Microsoft, Google Tata Group, Facebook, Linkedin, Wipro, Infosys, etc.
Table of Contents
- Salary Offered to MBA Business Analytics Graduates in India
- MBA Business Analytics Jobs in India
- Career Scope of MBA Business Analytics Course
Salary Offered to MBA Business Analytics Graduates in India
The MBA Business Analytics salary in India ranges between INR 4 - 12 LPA. The salary is dependent on various factors including relevant work experience, job position, certifications, location, job demand, etc.
MBA in Business Analytics Salary in India
The table below shows the salary breakdown of MBA in Business Analytics graduates in India:
|
Business Analytics MBA Salary |
Amount (INR) |
|
Highest Salary |
12 LPA |
|
Lowest Salary |
4 LPA |
|
Average Salary |
6 LPA |
MBA Business Analytics Salary Based on Job Designations
The MBA in Business Analytics scope and salary for graduates in India is vast with various job roles ranging from financial advisor to business analyst. Below is a list of job profiles offered to an MBA Business Analyst graduate and their average salary:
|
Job Role |
Average Salary for Freshers |
Average Salary After 3+ Years of Experience |
|
Data Analyst |
INR 4.64 LPA |
INR 10.82 LPA |
|
Data Scientist |
INR 7.86 LPA |
INR 13.80 LPA |
|
Analytics Consultant |
INR 10 LPA |
INR 15 LPA |
|
Research Analyst |
INR 4.52 LPA |
INR 8.82 LPA |
|
Management Trainee |
INR 5.02 LPA |
INR 9-10 LPA |
|
Business Analyst |
INR 5.07 LPA |
INR 9.87 LPA |
MBA Business Analytics Salary Based on Sectors
MBA Business Analytics graduates have vast career prospects in both private and public sectors. They get opportunities to work in research centers, the IT sector, the retail industry, etc. Below mentioned is the list of top recruiters and the average salary of an MBA in Business Analytics graduate in the government and private sector:
Private Sector
Top MNCs companies hire MBA Business Analytics graduates with an average salary ranging between INR 4-12 LPA. Below is a list of top private recruiters for MBA Business Analytics along with average salary:
|
Top Recruiters |
Average Annual Salary |
|
KPMG |
INR 8.3 LPA |
|
Accenture |
INR 6.5 LPA |
|
McKinsey and Company |
INR 12 LPA |
|
Boston Consulting Group |
INR 8 LPA |
|
Deloitte |
INR 9.70 LPA |
Government Sector
There are various government companies that hire MBA Business Analytics graduates with an average salary ranging between INR 4-10 LPA. Below is a list of top government recruiters for MBA Business Analytics along with average salary:
|
Top Recruiters |
Average Annual Salary |
|
Bharat Earth Movers Limited (BEML) |
INR 8.47 LPA |
|
National Projects Construction Corporation Limited |
INR 9.78 LPA |
|
Bharat Sanchar Nigam Limited (BSNL) |
INR 6.50 LPA |
|
Fertilisers and Chemicals Travancore Limited |
INR 4.44 LPA |
|
National Small Industries Corporation Ltd (NSIC) |
INR 10 LPA |
MBA Business Analytics Jobs in India
The job opportunities in India across various industries for business analysts and related profiles are increasing with an increase in competition in the market and new technology integration in different industries/domains. Below given is the comprehensive overview of jobs available to MBA Business Analytics graduates in India:
Entry-Level Jobs for MBA Business Analytics Graduates
Graduates after completing MBA in Business Analytics earn in the range of INR 4-8 LPA, depending on their skills, marks, technical knowledge, etc. Below is a list of entry-level jobs after the MBA Business Analytics course:
|
Job Profiles |
Description |
|
Management Consultant |
|
|
Operations Analyst |
|
|
Junior Data Scientist |
|
Government Jobs for MBA Business Analytics Graduates
In recent years the government is focusing on improving public services through effective decision-making and data-driven techniques. Below is a list of various jobs after an MBA in Business Analytics course in the government sector:
|
Job Profiles |
Description |
|
Data Analyst |
|
|
Policy Analyst |
|
|
Financial Advisor |
|
Private Jobs for MBA Business Analytics Graduates
The job opportunities for Business Analytics MBA students in private firms are vast as various MNCs have high requirements for Business Analyst graduates having high technical knowledge of the domain. Below is a list of various job profiles available after the MBA Business Analyst course:
|
Job Profiles |
Description |
|
Business Analyst |
|
|
Supply Chain Analyst |
|
|
Big Data Analyst |
|
|
Predictive Modeller |
|
Areas of Recruitment for MBA in Business Analytics
MBA in Business Analytics scope is high for professionals due to the increase in demand in various industries as they help to analyze what a company needs to function and what it needs to improve, and then try to work on new ideas and implement solutions. Below is a list of areas that hire MBA Business Analytics graduates along with specific job roles:
|
Area of Recruitment |
Job Roles for MBA-BA Graduates |
|
Information and Technology |
IT Project Manager, Data Analyst, IT Strategy Analyst, Data Product Manager, etc. |
|
Banking and Financial Services |
Risk Analyst, Customer Insight Analyst, Fraud Analyst, Compliance Officer, etc. |
|
Healthcare and Pharmaceutical Industry |
Healthcare Data Analyst, Clinical Data Analyst, Pharmaceutical Pricing Analyst, etc. |
|
Retail Industry |
Retail Operations Manager, Retail CRM Analyst, Pricing Analyst, etc. |
|
E-Commerce |
Digital Marketing Analyst, Market Research Analyst, UX Analyst, Market Segmentation Analyst, etc. |
Factors To Consider Before Choosing A Job
A graduate should look into various factors before choosing the right job as it influences their future growth and career path. Below is a list of a few factors to be considered before choosing an MBA Business Analytics job:
- Job Role and Demand: It is important to research job roles and their demand in the current market, so the future career path can be aligned with the role.
- Industry Outlook: The industry outlook is to be considered before selecting a career since it offers knowledge about the potential for growth, stability, and opportunity within a given profession or industry.
- Compensation and Benefits: The graduate should research the market salary for the job role. The benefits, perks, and compensation offered by the company should match with individual skills and expertise.
- Skill Development and Advancement: Skill development is an important factor to measure career long-term success within the industry and job role.
- Organizational Ethics and Culture: The organization's ethics and culture should match with individual values, as good organization culture results in overall job satisfaction.
Career Scope of MBA Business Analytics Course
The scope of MBA in Business Analytics courses in India is increasing with the company's focus shifting to data-driven decision-making and being competitive in the market. Graduates have various career paths and job opportunities to pursue after completion of an MBA Business Analytics course.
Career Options after MBA in Business Analytics Course
After completion of the MBA Business Analytics course, graduates can work in a diverse range of job profiles in both private and public sectors. Below is a list of jobs after Masters in Business Analytics in India:
- Data Analyst
- Chief Technology Officer
- Operations Analyst
- Business Analytics Specialist
- Financial Advisor
- Chief Data Officer
- Application Architect
- Project Manager
- Market Research Analyst
- Data Scientist
Courses After MBA in Business Analytics
There are various courses that students can pursue after completion of the MBA in Business Analytics course in order to enhance their skill set and domain expertise. Below is a list of a few higher education and certification courses:
- PhD
- MPhil
- Advance Certification Course in Data Science and Machine Learning
- Certified Analytics Professional (CAP) Course
- SAS Certified Data Scientist Course
- IBM Data Science Professional Certification Course
Top MBA in Business Analytics Recruiters
MBA Business Analytics has become one of the highly pursued specializations in MBA degree and top MNCs and government organizations are hiring skilled professionals. The following are the top companies that hire MBA Business Analytics graduates:
|
Top Recruiters |
Average Annual Salary |
|
Amazon |
INR 10 LPA |
|
E & Y |
INR 5.68 LPA |
|
J.P. Morgan |
INR 11 LPA |
|
Deloitte |
INR 9.7 LPA |
|
PWc |
INR 8.3 LPA |
|
S&P Global |
INR 8.72 LPA |
MBA Business Analytics Placement
Several top colleges in India conduct the placements for MBA Business Analytics course students in the final year through an on- and off-campus recruitment drive. The top colleges offering an MBA in business analytics are listed below, along with their top recruiters and average salaries:
|
College Name |
Top Recruiters |
Average Salary Package |
|
BITS Pilani |
KPMG, IBM, HSBC, E&Y |
INR 15.90 LPA |
|
UPES |
Amazon, Wipro, Meru, Croma |
INR 7.69 LPA |
|
NMIMS |
KPMG, Amazon, Cognizant, HCL |
INR 17.85 LPA |
|
IIM Ranchi |
Amazon, Deloitte, BirlaSoft, KPMG |
INR 19.79 LPA |
|
IMT Nagpur |
Better.com, Barclays, Wipro |
INR 9 LPA |
Skills Required for Business Analyst Jobs
MBA Business Analytics offer graduates a technical profile that requires both theoretical concept clarity and a certain set of soft skills to perform the job efficiently. Below is a list of a few skills required by an MBA Business Analytics graduate:
- Technical Aptitude: For efficient insight extraction from datasets, proficiency in programming languages, statistical analysis, and data visualization applications is required.
- Stakeholder Management Skills: The MBA Business Analyst needs to effectively identify, comprehend, and interact with the numerous stakeholders involved in business projects.
- Decision-Making Skills: In order to prioritize tasks, use resources wisely, and run projects successfully decision-making skills are necessary for an analyst.
- Business Acumen: The MBA business analyst graduate creates strategic plans, coordinates with stakeholders, and improves business processes for which they need a holistic business perspective.
- Research Skills: In order to identify market trends, understand customer behavior, and search for insightful information that can assist in strategic planning and decision-making research skills are required.
Top MBA in Business Analytics Colleges
Top Management Entrance Exams
Exam Date: May 19, 2024
MBA in Business Analytics Fee Structure
FAQs on MBA in Business Analytics Job, Scope and Salary
Q: What is the average salary after MBA in Business Analytics course in India?
A: The average salary after MBA in Business Analytics in India is between INR 4-12 LPA (Source: Payscale)
Q: What are the job opportunities available to MBA Business Analytics graduates?
A: After completion of an MBA in Business Analytics, graduates can work as Financial Analyst, Operations Analyst, Business Analytics Specialist, Management Consultant, etc.
Q: Which are the top private companies that hire MBA Business Analytics graduates in India?
A: Some of the top companies that hire MBA Business Analytics graduates are Evalueserve, WNS Global Services, Accenture Technology Solutions, Amazon.com Inc, etc.
Q: What is the highest placement in MBA Business Analytics specialization in IIMs?
A: The highest placement in IIMs for MBA Business Analytics ranges between INR 15-32.45 LPA.
Q: What is the role of Business Analysts in a company?
A: Business Analyst helps in finding trends, correlations, and patterns that can be leveraged to streamline processes, boost effectiveness, and boost the profitability of a company.
