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.

 

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

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
RankingCollegeLocationDegree offeredDuration
1Indian Institute of Management, Bangalore (IIM-B)BangaloreMBA in Business Analytics
(MBA-BA)
2 Years Full-Time
2Indian Institute of Management, Calcutta (IIM-C)CalcuttaPost Graduate Diploma in
Business Analytics (PGDBA)
2 Years Full-Time
3Indian School of Business (ISB)HyderabadAdvanced Management Programme
in Business Analytics (AMPBA)
1 Year Hybrid Part-Time
4Great Lakes Institute of Management, ChennaiChennaiMBA in Business AnalyticsWeekend Executive MBA Program
5Symbiosis Centre for Management & Human
Resource Development (SCMHRD)
PuneMBA in Business Analytics2 Years Full-Time
6Narsee Monjee School of
Management (NMIMS – Mumbai)
MumbaiMBA in Decision Sciences
& Analytics
2 Years Full-Time Dual Degree Program
from NMIMS and Purdue University
Tier-2
7Lal Bahadur Shastri Institute
of Management (LBSIM)
New DelhiPGPM – Research &
Business Analytics
2 Years Full-Time
8Prin. L. N. Welingkar Institute of
Management Development and Research
MumbaiPGPM Research and
Business Analytics
2 Years Full-Time
9Symbiosis Centre For
Information Technology (SCIT)
PuneMBA Data Analytics2 Years Full-Time
10Entrepreneurship and Management
Processes International (EMPI)
DelhiPGP in Research and
Business Analytics
1-year Part-Time (Weekend)
11T. A. Pai Management InstituteManipalL.E.A.D in association with Mu Sigma1 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 & CourseAverage Salary
Package (INR – LPA)
Major Recruiters
(Data Analytics & Consulting)
1Indian Institute of Management,
Calcutta (IIM-C) – PGDBA Course
26.31
  • Adani
  • ZS Associates
  • Envestnet Yodlee
  • EXL Analytics
  • ICICI Bank
  • Bajaj
2Indian Institute of Management,
Bangalore (IIM-B) – MBA-BA
26.18
  • Accenture
  • AB InBev
  • Microsoft IDC
  • KPMG
  • Amazon
3Indian School of Business (ISB)
– AMPBA
26.15
  • ABP News
  • Accenture
  • Adani
  • Aditya Birla Group
  • ADP
4Narsee Monjee School of Management
(NMIMS – Mumbai) – MBA in Business Analytics
18.33
  • Centrum
  • CITI Bank
  • Barclays Bank
  • CRISIL
  • Credit Suisse
5Symbiosis Centre for Management &
Human Resource Development (SCMHRD)
14.6
  • Accenture
  • Avalon
  • Axis Bank
  • Bajaj Auto
  • CapGemini

 

Details on This Page

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?

  1. 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.  
  2. 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.
  3. The top B schools also give extra weightage to the candidates who are from non -engineering background as part of academic diversity.
 

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