The Data Analytics Course has become the new buzzword in Indian B-Schools. Harvard Business Review tagged Business Analysts and Data Scientists as the ‘sexiest job of 21st Century’. But what exactly is the Data Analytics Course? Data Analytics is the science of studying raw data. Techniques and processes that use data analytics are fully automated into algorithms and mechanical systems. These algorithms work on raw data and make it suitable for human consumption. The data derived from these processes can be used to increase the overall efficiency of the business.
MBA in the Data Analytics Course helps you acquire knowledge and expertise in various analytical tools. As a Business Analyst, there are various exciting opportunities one can explore. The challenging work leverages various business as well as technical knowledge. This field also promises both high growth and high reward. The analytical tools have become highly user-friendly. Another major change in the field indicates that the latest tools are GUI-based. Gone are the days when only learning a programming language can help you master the data.
If the candidates wish to, they can work in a management consulting firm or a financial service firm where one can utilize the skills to analyze the risks. This, in turn, can be used to incorporate the uncertainty to identify profitable customers and determine specific strategies. One can also venture into marketing or financial roles and apply analytics to make various business decisions. The possibility of growth and opportunity in this domain is endless.
MBA courses in the Data Analytics Course usually are full-time, spanning one to two years, and may also include an internship, dissertation. Industry visits, hands-on training in analytics laboratories, live case studies, professional certifications among many other valuable experiences to hone your skills.
Data Analytics rising demand has been met by various MBA colleges across India and several top MBA colleges offer specific Data Analytics Course, especially in Business Analytic and Decision Sciences similar to their flagship MBA Programme. Choosing these courses from reputed colleges will help the candidate get better knowledge about Data Analytics and should be considered for people who have prior experience in this field or for people who are very clear about pursuing Data Analytics as a career choice.
The below table shows the list of top colleges that offer specific Data Analytics course for both 1-year and 2-year programs.
Data Analytics rising demand has been met by various MBA colleges across India and several top MBA colleges offer specific Data Analytics Course, especially in Business Analytic and Decision Sciences similar to their flagship MBA Program. Choosing these courses from reputed colleges will help the candidate get better knowledge about Data Analytics and should be considered for people who have prior experience in this field or for people who are very clear about pursuing Data Analytics as a career choice.
The below table shows the list of top colleges that offer specific Data Analytics course for both 1-year and 2-year programs.
Tier-1 | ||||
Ranking | College | Location | Degree offered | Duration |
1 | Indian Institute of Management, Bangalore (IIM-B) | Bangalore | MBA in Business Analytics (MBA-BA) | 2 Years Full-Time |
2 | Indian Institute of Management, Calcutta (IIM-C) | Calcutta | Post Graduate Diploma in Business Analytics (PGDBA) | 2 Years Full-Time |
3 | Indian School of Business (ISB) | Hyderabad | Advanced Management Program in Business Analytics (AMPBA) | 1 Year Hybrid Part-Time |
4 | Great Lakes Institute of Management, Chennai | Chennai | MBA in Business Analytics | Weekend Executive MBA Program |
5 | Symbiosis Centre for Management & Human Resource Development (SCMHRD) | Pune | MBA in Business Analytics | 2 Years Full-Time |
6 | Narsee Monjee School of Management (NMIMS – Mumbai) | Mumbai | MBA in Decision Sciences & Analytics | 2 Years Full-Time Dual Degree Program from NMIMS and Purdue University |
Tier-2 | ||||
7 | Lal Bahadur Shastri Institute of Management (LBSIM) | New Delhi | PGPM – Research & Business Analytics | 2 Years Full-Time |
8 | Prin. L. N. Welingkar Institute of Management Development and Research | Mumbai | PGPM Research and Business Analytics | 2 Years Full-Time |
9 | Symbiosis Centre For Information Technology (SCIT) | Pune | MBA Data Analytics | 2 Years Full-Time |
10 | Entrepreneurship and Management Processes International (EMPI) | Delhi | PGP in Research and Business Analytics | 1-year Part-Time (Weekend) |
11 | T. A. Pai Management Institute | Manipal | L.E.A.D in association with Mu Sigma | 1 Year Full-Time |
A career in Business Analytics will offer high placement opportunities, provided you do your MBA in Data Analytics from one of the best colleges. With the ever-increasing demand for Business Analytics, the placements for these Job roles are getting higher and higher. MBA in Business Analytics can entail you to earn an average salary of Rs. 9 LPA to Rs. 25 LPA, depending on the MBA college you graduate from and the companies you convert while you are there
Let’s look at the top 5 colleges that offer the best placements and also the top recruiter for Data Analytics in each college
S. No. | College Name & Course | Average Salary Package (INR – LPA) | Major Recruiters (Data Analytics & Consulting) |
1 | Indian Institute of Management, Calcutta (IIM-C) – PGDBA Course | 26.31 |
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2 | Indian Institute of Management, Bangalore (IIM-B) – MBA-BA | 26.18 |
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3 | Indian School of Business (ISB) – AMPBA | 26.15 |
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4 | Narsee Monjee School of Management (NMIMS – Mumbai) – MBA in Business Analytics | 18.33 |
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5 | Symbiosis Centre for Management & Human Resource Development (SCMHRD) | 14.6 |
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After completing MBA in Business Analytics, the candidate can pursue the following job titles.
• Business Analyst
• Business Analyst Industry Expert
• Business Analyst Project Manager
• Data Analyst
• Data Scientist
• Predictive Modeller
• Qualitative Analyst
• Analytics Management
• Market Research Analyst
• Technical Team Leader
• Data Analyst SAS Programmer
• Big Data Analyst
• Data Warehousing Expert
• Business Intelligence Expert
• Data Warehousing and BA Architecture
• Data Mining Expert
Other Industries offering additional scope for Business Analytics are financial services, retail, manufacturing, healthcare, energy, oil and gas, telecom, social media, sports, gaming, e-governance, and e-commerce.
MBA in Data Analytics contains many subjects and it varies depending on the B-school as well as the electives chosen by the students. Most of the courses offered will deal with various algorithms and processes where Data Analysis is done.
Some of the subjects/courses which will be focusing on the multiple concepts and areas of Data Analytics are: –
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