MBA in Data Analytics -

MBA in Data Analytics

Data Analytics 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 Data Analytics? 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.

Why MBA in Data Analytics?

MBA in Data Analytics 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 Data Analytics 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.

List of colleges known for Data Analytics

Choosing the right MBA college to pursue Data Analytics becomes critical because the right set of faculties and opportunities provided by the colleges plays a vital part in the further growth of the student. Therefore, these colleges should be researched and shortlisted well before the candidate writes CAT/XAT/GMAT or any other competitive exam for MBA.

The below table shows the best colleges across India which are known for offering the best faculty and opportunities in the Data Analytics domain.

Ranking	College	Location
1	Indian Institute of Management, Ahmedabad (IIM-A)	Ahmedabad
2	Indian Institute of Management, Bangalore (IIM-B)	Bangalore
3	Indian Institute of Management, Calcutta (IIM-C)	Calcutta
4	Indian School of Business (ISB)	Hyderabad
5	Great Lakes Institute of Management, Chennai	Chennai
6	Symbiosis Centre for Management & Human Resource Development	Pune
7	Lal Bahadur Shastri Institute of Management (LBSIM)	New Delhi
8	Narsee Monjee School of Management (NMIMS – Mumbai)	Mumbai
9	Indian Institute of Management Kashipur	Kashipur
10	Prin. L. N. Welingkar Institute of Management Development and Research	Mumbai
11	Symbiosis Centre For Information Technology (SCIT)	Pune
12	Entrepreneurship and Management Processes International (EMPI)	Delhi
13	T. A. Pai Management Institute	Manipal

List of Colleges offering courses specific for Data Analytics Specialization:

Data Analytics rising demand has been met by various MBA colleges across India and several top MBA colleges offer specific Data Analytics Specialization, especially in Business Analytics 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 Data Analytics specific courses 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 Programme 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

Placement Details:

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 top recruiters for Data Analytics

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	Adani ZS Associates Envestnet Yodlee EXL Analytics ICICI Bank Bajaj
2	Indian Institute of Management, Bangalore (IIM-B) – MBA-BA	26.18	Accenture AB InBev Microsoft IDC KPMG Amazon
3	Indian School of Business (ISB) – AMPBA	26.15	ABP News Accenture Adani Aditya Birla Group ADP
4	Narsee Monjee School of Management (NMIMS – Mumbai) – MBA in Business Analytics	18.33	Centrum CITI Bank Barclays Bank CRISIL Credit Suisse
5	Symbiosis Centre for Management & Human Resource Development (SCMHRD)	14.6	Accenture Avalon Axis Bank Bajaj Auto CapGemini

Roles Offered by Top Companies Hiring For Data Analytics

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
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.

Details of the Courses in Data Analytics Domain:

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: –

Artificial Intelligence & Deep Learning
Multivariate Data Analysis
Optimization
Business Analytics and Intelligence
Business Forecasting
Social Entrepreneurship
Supply Chain Analytics
Marketing Analytics
Sports Analytics
Social Media Analytics
Model-Business Decision
Infrastructure Development
PPPs and Regulation
Indian and International Perspectives
Corporate Valuation
Digital Marketing
Research for Marketing Decisions
Brand Management
Entrepreneurship in Action
Personal Values, Goals, and Career Options
Creating High-Performance Organizations
Supply Chain Management
Technology and Operations Strategy
Green Business Management
Strategic Thinking and Decision Making
Reinforcement Learning
Current Economic Scenario – Indian Economy and Policy Matters for Business
Global Securities Markets

Corporate Governance

What does it take to get into a Top B-School that offers Data Analytics?

The first and foremost important criterion when it comes to the shortlisting of candidates to the top B schools is a candidate with good academics. All the top B schools prefer candidates with excellent academic records in 10th, 12th, and graduation. The top IIMs usually have a separate shortlist during CAT exams that check sectional percentiles too.
Candidates with an average prior experience of 2-3 years in the field of analytics will be given extra weightage while shortlisting, as these candidates would already have been exposed to corporate culture and would have a basic understanding of handling data.
The top B schools also give extra weightage to the candidates who are from non -engineering background as part of academic diversity.