MBA in Data Analytics is a two-year full-time programme, offered under semester system pattern. The eligibility for aspirants shall be a bachelor’s degree in Arts/Science/Commerce or equivalent with minimum 50% marks in aggregate and students should comfortable at subjects like Mathematics and Computer Programming.
MBA in Data Analytics is a specialized course unlike general MBA degree, hence there are fewer institutes offering the course. Given under is a list of institutes conducting MBA in Data Analytics:
- Centurian University of Technology and Management, Paralakhemundi
- IILM University, Gurgaon
- Symbiosis Centre for Information Technology (SCIT), Pune
- Centurian University, Bhubaneswar
- SRM School of Management, Ramapuram
- SRM School of Management, Kattankulathur
The admissions are given to candidates who have appeared and cleared entrance conducted by the concerned by institute or national level management entrance exams. The first two semesters of MBA in Data Analytics course are conducted in the classroom and based on the foundation and functional areas of Data Analytics. In the next two semesters, the students are required to do an industry internship through advanced analytic and integrative course subjects. On the basis of entrance test scores candidates shall be called for final selection through Group Discussion and Personal Interview. Candidates must also prepare for entrances conducted by SRM University and Centurion University.
MBA in Data Analytics is a correct career choice for candidates who wish to develop a deep understanding of managing Big Data under a given technical infrastructure. The programme shall foster skills needed to handle data analytics lifecycle and business problems through visualization skills. A successful degree holder can expect a promising career start with satisfactory remuneration.
MBA in Data Analytics course fee for two years shall vary between INR 4 to 5 Lacs. Students are likely to get job opportunities as Risk Analyst, Data Analyst, Business Analyst or Data Scientist in banks, IT companies, Software industry and service industry. The annual remuneration for an entry level Data Analyst can be anything between INR 2 Lac and INR 5 Lac. However, the highest package will only be rolled out by companies like TCS, KPMG, Cognizant and e-commerce companies.
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MBA in Data Analytics: Course Highlights
|Course Level||Post Graduate|
|Duration of Course||2 years|
|Examination Type||Semester System|
|Eligibility||A Bachelor's degree with a minimum aggregate of 60% with sound knowledge in Mathematics and Computer Programming|
|Admission Process||Entrance, Personal Interview & Group Discussion|
|Course Fee||INR 4,00,000 – INR 6,00,000|
|Average Salary||INR 2,00,000 – INR 5,80,000|
|Top Recruiting Areas||TCS, Cognizant, Wipro Technologies, HCL Technologies, Mahindra Satyam, Deloitte, PayPal, Dell Infosys, Cisco Systems, KPMG|
|Job Profiles||Data Analyst, Business Analyst, Data Scientist, Risk Analyst|
MBA in Data Analytics: What is it about?
MBA in Data Analytics shall teach its students various techniques for converting Big Data structured, semi-structured or unstructured data into useful insights that help in strategic and operational decision making processes across various sectors including financial services, banking, e-commerce, telecom, retail, etc.
Various electives taught in the programme are Information Security in Business, Predictive Analytics, Big Data, and Cloud Computing and E-Business, Data Visualization and Decision Making Systems, Python for Data Science, and Marketing Analytics.
Successful postgraduates in the programme are able to value the potential of data, source and describe data, build Big Data Eco-System, manipulate and process data and create data models. A career as a Data Analyst seems quite promising owing to the high concentration of analytics in India. After an MBA in Data Analytics course, a professional can expect high growth, better job opportunities, and improved on-job skills.
What is the difference between Data Analytics and Business Analytics?
Both of these terms or courses are often confused with each other, hence, you must know that they differ in more than one ways and extend the different approach of study to the students.
A Data Analytics course is more driven towards the technical bend in data handling such as data cleaning, data purging, and many other related functions. In the Data Analytics course, students are taught various tools to test the data and draw insights from the same.
While Business Analytics course is more driven to the functional process of business such as operating of day to day business and planning to expand it through market analysis. Business Analytics course extends knowledge of how to study and interpret data in order to represent it to the senior management and how to use the data in business operations.
MBA in Data Analytics: Top Institutes
|Institute Name||Location||Fees in INR|
|Centurian University of Technology and Management, Paralakhemundi||Odisha||INR 5,00,000|
|Centurian University, Bhubaneswar||Odisha||INR 5,00,000|
|SRM School of Management, Ramapuram||Tamil Nadu||INR 4,00,000 – INR 5,00,000|
|SRM School of Management, Kattankulathur||Tamil Nadu||INR 6,00,000|
|ICFAI Business School||Hyderabad||INR 7,02,000|
|NTPC School of Business||Noida||INR 8,00,000|
|Jain University||Bangalore||INR 3,88,000|
|Vishwakarma University||Pune||INR 2,50,000|
|IILM University||Gurgaon||INR 5,00,000|
MBA in Data Analytics: Eligibility
To pursue MBA in Data Analytics a candidate needs to have a bachelor’s degree in any discipline with minimum 60% or 50% (as per institutes requirement). Candidates holding a good knowledge of subjects like Mathematics and Computer Programming are considered most eligible for the course.
MBA in Data Analytics: Admission Process
Admission of eligible candidates is done on the basis of their scores obtained in entrance exams accepted by the concerned institute. The final selection and allotment of seats shall only be done through personal interview and group discussion/case study. Institutes also consider a candidate’s past academic record and work experience, if any.
In case of selection to some institutes candidates may even have to clear Psychometric Test. Being interested in MBA in Data Analytics course a candidate must prepare for entrances like:
- SRMJEEM (PG)
- Centurian University Written Entrance Test
The syllabus for most of the MBA in Data Analytics entrance exams includes MCQs on Data Interpretation, Quantitative Aptitude, Reasoning, Reading Comprehension, General Knowledge/Current Affairs/Business Affairs.
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MBA in Data Analytics: Syllabus and Course Description
The syllabus is spread over four semesters with first two semesters building foundation in the basics of data and data modeling. The last two semesters are mainly focused on industrial training. The syllabus for MBA in Data Analytics shall be as under:
|Semester I||Semester II|
|Business Economics||Advance Business Communication|
|Financial Accounting||Information System in Business|
|Individual and Group Behaviour||ETL , Data modeling and Cube Design|
|Managerial Analysis and Communication – I||Data Visualisation with Power BI and Tableau|
|Quantitative Analysis||Unstructured Data Analytics & Machine Learning|
|Marketing Management & Analytics||Advanced Data Modelling & Mining |
|Basics of Data||-|
|Warehousing and Business Intelligence||-|
|Semester III||Semester IV|
|Internship at Industry-I||Internship at Industry-II|
MBA in Data Analytics: Career Prospects
Over the world, data has become the biggest asset and to handle it companies hire data/business analysts to determine future outcomes, understand patterns and relationships and draw statistical analysis. In India, there is a rising demand for data analysts where candidates can get ample job opportunities in various sectors. As per the latest studies, India will create 1.2 million data analysts reaching the highest number by 2020.
On successful completion of MBA in Data Analytics course students are to be recruited for job roles like Data Analyst, Business Analyst, Risk Analyst or Trainee Data Scientist in the following areas:
- Business Intelligence Units of Banks
- Technology Consultancy Companies
- Insurance Companies
- Analytics Solutions Providers
- Business Analytics & Research industry
- Information Management Services
- Software industry
- Data Management Services
The top companies hiring students of MBA Data Analytics include Tata Consultancy Services (TCS), Cognizant Technology Solutions (CTS), Wipro Technologies, HCL Technologies, Mahindra Satyam, Deloitte, PayPal, Dell, Infosys, Cisco Systems and KPMG.
Participants may even continue education at the research level and can pursue an Executive Fellowship Programme in Management or Ph.D. in Management after gaining relevant work experience.
|Job Title||Job Description|| Salary in INR|
|Data Analyst||Responsible for data collection and management and meets customer demands and identify new sources of data and methods to improve data collection.||INR 1.95 lacs - INR 5 lacs|
|Business Analyst||Works on the improvement of operations involving IT infrastructure and offers consultation to management to help the company become more efficient.||INR 2.35 Lacs – INR 4.8 Lacs|
|Trainee Data Scientist||Design and create new data processes for data mining, modeling, and production processes; determine ways to improve data and search processes and analytical capabilities.||INR 2 Lacs – INR 4 Lacs|
|Risk Analyst||Identifies, prevents, analyzes, handles, tracks, reduces and controls risks to company or customer. Monitors frauds, maintains and implements the risk management plan.||INR 2.2 Lacs – INR 3.4 Lacs|