MBA in Business Analytics: Key Highlights, Top Colleges, Types and Modes of Program, Cut off, Fee, Placements, Admission Process
Latest Updates:
- IIM Bangalore completed strong Placements 2023 with Average Salary of Rs.35.31 LPA and Median salary of Rs.33 LPA for MBA Business Analytics 2021-23 Batch
- IIM Kashipur Completed MBA Analytics Placement 2023 with Average Salary at Rs.18.07 LPA
- MBA Business Analytics BITS Pilani Admission 2024 Opening Soon
- IIM Calcutta PGD-Business Analytics Admission 2024 is Opening Soon
MBA in Business Analytics in India has become one of the most sought-after new age specialized MBA programme. Because of growing industry demand, MBA in Business Analytics India is becoming one of the most preferred specialized MBA courses. IIM Bangalore, IIM Calcutta, IIM Kashipur, ISB Hyderabad, Great Lakes Institute of Management Chennai, BITS Pilani and many other leading B-schools are offering different types of MBA in Analytics programs.
Read the Table of Contents below to know the key highlights and importance of MBA in Business Analytics program, Top MBA Colleges for MBA in Business Analytics in India, MBA Business Analytics Eligibility, placements and more
Table of Contents
- What is MBA in Business Analytics in India? Key Details & Scope
- Type of MBA in Business Analytics Colleges in India
- Top MBA Colleges for MBA in Business Analytics in India
- MBA in Business Analytics IIM offered programmes
- MBA in Business Analytics Top Universities in India Offering Programmes
- MBA Business Analytics Colleges Offering 1-year Full-time Specialized MBA in Business Analytics
- Executive (Part-time) MBA in Business Analytics by Top B-schools & Universities
- Top MBA Business Analytics Colleges Offering Specialization within 2-year Full-time General MBA
- Executive (Part-time) Online Specialized MBA/PGDM or Certificate in Business Analytics
- MBA in Business Analytics Scope and Career Prospects
- MBA Business Analytics Placements
- MBA Business Analytics Courses & Syllabus
1. What is MBA in Business Analytics in India? Key Details & Scope
MBA in Business Analytics is a rising field and the skilled MBAs in Business Analytics are in high demand from Corporate sectors. Key programme details and its importance are shared below:
- Business Analytics combines the fields of management, business and computer science to help businesses take data-driven decisions.
- The study of MBA in Business Analytics India uses advance statistical analysis that focuses on providing actionable recommendations.
- Business Analysts in this field focus on deriving insights from real business and consumer data
- The programme goal of the MBA in Business Analytics is to draw insights about why things happened, what will happen and what should be done
- Business analytics utilizes big data, statistical analysis, and data visualization to take better decisions and implement organization changes
- Business Analytics is being used in practically every industry particularly Banking & Financial Services, E-commerce and Retailing
- Proliferation of consumer and business data, generated by use of mobile technology, computing, sensors and other devices have led to explosion in this field
These programs range from being standalone to part-of-regular MBA program, from full-time to part-time and many other options. So, which is the right program for you, and what is the fee for each of these programs? Read this MBAUniverse.com article to find out all the answers.
2. Types of MBA in Business Analytics Colleges in India
Types of MBA in Analytics colleges in India can be classified into six different categories, as below:
- 2-Year Full Time Specialized MBA in Business Analytics by IIMs
- 2-Year Full Time Specialized MBA in Business Analytics by Top Universities in India or MBA Equivalent PGDM in Business Analytics by AICTE approved B-Schools
- 1-Year Full Time Specialized MBA or Post Graduate Certificate Program in Business Analytics by top B-schools
- Executive (Part Time) On-Campus/Hybrid Specialized MBA/PGDM or Certificate Programs in Business Analytics by Top B-schools & Universities
- MBA Specialization in Business Analytics offered within 2-year full time General MBA/PGDM Program
- Executive (Part-time) Online Specialized MBA/PGDM or Certificate in Business Analytics
We will be discussing each of these types in detail below but before that let us know which are the Top MBA Colleges for MBA in Business Analytics in India
3. Top MBA Colleges for MBA in Business Analytics in India
If you are looking for top MBA colleges for MBA in Business Analytics India , below are the top management institutes:
MBA College
|
Title & Type of MBA in Business Analytics Course
|
MBA Business Analytics Fees
(Rs. in lakhs) |
IIM Bangalore
|
MBA Business Analytics (MBA-BA) (2 Years Full Time)
|
Rs.24.70 lakhs
|
IIM Calcutta
|
Post Graduate Diploma in Business Analytics (PGDBA) (2 years full time)
|
Rs.25.00 lakhs
|
IIM Kashipur
|
MBA (Analytics) (2 Years Full Time)
|
Rs.18.00 lakhs
|
IIM Ranchi
|
MBA (Business Analytics) (2 Years Full Time)
|
Rs.17.50 lakhs
|
ISB Hyderabad
|
Advanced Management Programme in Business Analytics (AMPBA) (1 Year MBA)
|
Rs.11.10 lakhs
|
Great Lakes Institute of Management, Chennai
|
MBA Business Analytics
( 1 Year MBA)
|
Rs. 21.50 (Including International Study Programme)
|
BITS Pilani
|
MBA in Business Analytics (2 Years full time programme)
|
Rs. 12.00 lakhs
|
It may be noted that the PGDBA at IIM Calcutta is a two-year full-time residential programme offered in collaboration with ISI Kolkata and IIT-Kharagpur.
4. MBA in Business Analytics Offered by IIMs: 2 Years Full Time Programmes
Apart from their general MBA programs, IIMs have launched 2 year full time specialized MBA programmes in Business Analytics. The list given below includes only those IIMs that offer exclusive and separate Business Analytics MBA courses like their flagship MBA programme instead of an elective or specialization
IIMs offering MBA in Business Analytics
|
Programme Name
|
Duration & Mode
|
MBA Business Analytics Fees (Rs. in lakhs)
|
IIM Bangalore
|
MBA Business Analytics (MBA-BA)
|
2 Years Full Time; On Campus
|
24.70
|
IIM Calcutta
|
Post Graduate Diploma in Business Analytics (PGDBA)
|
2 years full time; On campus
|
25.00
|
IIM Kashipur
|
MBA Analytics
|
2 Years full time; On campus
|
18.00
|
IIM Ranchi
|
MBA Business Analytics
|
2 Years full time; on campus
|
17.50
|
5. MBA in Business Analytics Top Universities in India & PGDM Colleges Offering Program
Two-year Full-time on campus Specialized MBA or MBA equivalent PGDM in Business Analytics is offered by many top universities and AICTE approved B-schools in India. To cater to the rising demand of MBA Business Analytics, number of top University MBA Colleges and private PGDM colleges are now offering specialized MBA/PGDM in Business Analytics on the lines of their flagship MBA programme. Some of the top universities & PGDM colleges in Non-IIM category offering 2 year full time specialized MBA/PGDM are given below with the details of programme fee
Universities & B-schools offering MBA/PGDM in Business Analytics
|
Programme Name
|
Duration & Mode
|
Fee (Rs.in Lakhs)
|
NMIMS Mumbai
|
MBA Business Analytics
|
2 years full time Programme
|
23.90
|
SCMHRD Pune
|
MBA Business Analytics
|
2 years full time
|
18.88
|
BITS Pilani
|
MBA Business Analytics
|
2 Years full time
|
12.00
|
Lal Bahadur Shastri Institute of Management (LBSIM) New Delhi
|
PGDM-Research & Business Analytics
|
2 Years Full time
|
13.90
|
Welingkar Institute of Management Development and Research (WeSchool) Mumbai
|
PGDM Research and Business Analytics
|
2 Years Full time
|
13.00
|
Jagdish Sheth School of Management (JAGSoM) Bangalore
|
PGDM Analytics & Digital Business
|
2 years full time
|
14.90
|
Amrita School of Business, Amrita Vishwa Vidyapeetham, Bengaluru
|
MBA-MS in Business` Analytics
|
2 Years Dual Degree programme with University at Buffalo, USA
|
17.60
|
EMPI Business School New Delhi
|
PGDM Research & Business Analytics
|
2 Years full time
|
10.80
|
6. MBA Business Analytics Colleges Offering 1-year Full-time Specialized Programme
Brief details of the programme offered by some of top MBA colleges are shared below:
Name of the Institute
|
Programme Name
|
Duration & Mode
|
Fee (Rs.in Lakhs)
|
Great Lakes Institute of Management, Chennai
|
MBA Business Analytics
|
On Campus; 1 Year MBA
|
Rs. 21.50 lakhs (Including International Study Programme)
|
MDI Gurgaon
|
PGDM Business Analytics
|
On Campus; 18 Months PGDM
|
--
|
7. Executive (Part-time) On-campus/Hybrid Specialized MBA/PGDM or Certificate Programs in Business Analytics by Top B-schools & Universities
Working Executives or freshers who find it difficult to join full time MBA programme either of one year or two year duration, can join the part time MBA programmes. For them B-schools offer part time on campus programmes in Business Analytics with week end classes, alternate week classes, month end classes or alternate month classes. Some of such top institutes offering the Executive part time on campus specialized MBA Business Analytics programme include:
Name of the Institute
|
Programme Name
|
Duration & Mode
|
Fee (Rs.in Lakhs)
|
ISB Hyderabad
|
Advanced Management Programme in Business Analytics (AMPBA)
|
Hybrid:1 year MBA
|
11.10
|
XLRI Jamshedpur
|
Postgraduate Certification in Business Analytics (PGCBA)
|
Hybrid; 1 Year Certificate programme
|
3.00
|
NMIMS Bengaluru
|
Post Graduate Diploma in Data Science and Analytics
|
On campus Part Time;1 Year MBA for executives
|
5.10
|
Loyola Institute of Business Administration (LIBA) Chennai
|
Executive PGDM in Business Analytics
|
On campus Part Time; 1 Year PGDM for executives & freshers
|
2.40
|
8. Top MBA Business Analytics Colleges Offering Specialization within 2-year Full-time General MBA
Many top MBA colleges including IIMs offer Business Analytics as one of the major specializations within their 2 year full time MBA programmes. Some of such Top MBA Colleges for MBA in Business Analytics in India are
Name of the Institute
|
Programme Name
|
Duration & Mode
|
Fees (Rs. in lakhs)
|
IIM Ahmedabad
|
Post Graduate Programme in Management (PGP) with Specialization in Information Systems
|
2 Years Full Time; On Campus
|
24.61
|
IIM Lucknow
|
Post Graduate Programme in Management (PGP) with Specialization in IT & Systems and Decision Sciences
|
2 Years Full Time; On Campus
|
20.75
|
IIM Kozhikode
|
Post Graduate Programme in Management (PGP) with Specialization in Information Systems
|
2 Years Full Time; On Campus
|
20.50
|
IIM Indore
|
Post Graduate Programme in Management (PGP) with Specialization in Information Systems
|
2 Years Full Time; On Campus
|
21.14
|
IIM Tiruchirappalli
|
Post Graduate Programme in Management (PGPM) with Specialization in Information Systems & Analytics
|
2 Year Full Time; On campus
|
19.50
|
MDI Gurgaon
|
Post Graduate Programme in Management (PGDM) with Specialization in Information Management
|
2 Years Full Time; On Campus
|
24.17
|
IFMR GSB KREA University, Sri City
|
MBA with Specialization in Data Science
|
2 Years Full Time; On Campus
|
14.56
|
Christ University Bengaluru
|
MBA with Specialization in Business Analytics
|
2 Years Full Time; On Campus
|
8.60
|
9. Executive (Part-time) Online Specialized MBA/PGDM or Certificate in Business Analytics
For the candidates who wish to pursue MBA but cannot attend classes even in many months due to their nature of work, but they have the dream to pursue their MBA from a good institute, many top B-schools have started offering part time online education to fulfil their dream through distance learning. Some of such colleges who offer part time online specialized MBA in Business Analytics are given below:
Name of the Institute
|
Programme Name
|
Duration & Mode
|
Fee (Rs.in Lakhs)
|
IMT Ghaziabad - CDL
|
PGDM –Business Analytics
|
Online; 2 Years
|
1.25
|
Great Lakes Institute of Management, Chennai
|
PGP-Business Analytics & Business Intelligence
|
Online; 1 Year
|
--
|
BITS Pilani
|
M.Sc. Business Analytics
|
Online; 5 Semesters
|
2.54
|
10. MBA in Business Analytics Scope and Career Prospects
Scope of MBA Business Analytics programme is widening and a student pursuing MBA in Business Analytics has high career prospects. A student of MBA in Business Analytics becomes a Business analyst who is capable to solve the various corporate organizational issues with his/her skills and data analytics tools. The companies hire the Business Analytics professionals to get the best suggestions and actions based on Business Data Analysis and scientifically arrived future predictions. With an aim to help shape the emerging profession of business analytics to the aspirants, the students become equipped to build a career in business analytics in top companies.
The careers in Business Analytics are rising year after year as the MBAs in Business Analytics are getting higher placements and are in high demand by the top recruiters, as the companies need these professionals who can use scientific analysis of Business data to make business decisions. The average salary offered to an MBA with Business Analytics is Rs 9LPA to 25LPA.
High placement opportunities are available to build your careers in Business Analytics, if you complete your MBA Business Analytics from one of the best colleges. Some of the top recruiters offering careers in Business Analytics include Accenture, Crayon data, Global Analytics, Exl Analytics, Convergytics, Mu Sigma, Fractal Analytics, AbsoluteData, Manthan, Brillio, LatentView, Gramener among others.
11. MBA Business Analytics Placements
Average remuneration in placements for the students with MBA in Business Analytics is rising consistently. Latest Placements in some of the top institutes offering MBA Business Analytics are given below:
MBA College offering MBA Business Analytics
|
MBA Business Analytics Average Salary 2023
|
Top Recruiters
|
IIM Bangalore
|
Rs.35.31 LPA
|
Accenture, BCG, PwC, McKinsey, TCS, Kearney, Deloitte, Amazon
|
IIM Calcutta
|
Rs.29.71 LPA
|
Goldman Sachs, Dr. Reddy’s Lab, Schneider Electric, Boston Consulting Group, Accenture, ICICI Bank, Viacom, ZS Associates.
|
IIM Kashipur
|
Rs.18.07 LPA
|
Cognizant, Deloitte, HCL Technologies, ICICI Bank, Infosys, L&T, Mindtree, Mu Sigma, CRISIL, ZS Associates
|
BITS Pilani
|
Rs.15.90 LPA
|
Accenture, Cognizant, KPMG, IndiaMART, Rubique, VFS Global, Dream VU Inc, Shriram Transports
|
SCMHRD Pune
|
Rs.22.03 LPA
|
Deloitte, EY, Accenture, PwC, ZS, Adani Wilmar, Whirlpool, AB InBev, Mother Dairy, Colgate Palmolive, JPMC
|
12. MBA Business Analytics Courses & Syllabus
IIM Bangalore, IIM Calcutta, IIM Kashipur, BITS Pilani, Great Lakes, LBSIM have more or less common courses and syllabus for MBA in Business Analytics. Following are the key topics & courses covered in the MBA Business Analytics:
The MBA Business Analytics courses for 1st year students are similar to other MBA programmes. They are exposed to basic concepts in the areas of Marketing, Accounting, Finance, Organization Design, Human Resources Management, Decision Sciences, and Operations Management through Core courses, and Core Analytics courses such as Applied Probability and Statistical Models, Introduction to Computing, Time-Series and Forecasting Techniques, Machine Learning and Big Data Analytics.
It is the second year in which the MBA in Business Analytics courses and syllabus get different. Following are the key topics covered in the courses and electives of MBA in Business Analytics Syllabus:
- 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
This completes our article on MBA in Business Analytics. We hope you found this article helpful. Check out more Specialized MBA Programs to help you decide the right program for you:
