MBA Data Analytics is a two-year post-graduation course which is a study of big data, data mining, database management, data science, and data warehousing. The course has dynamic job opportunities in different sectors like IT sectors, marketing, and sale, product-based industries, airport and banking sectors, and much more.
|Full Form||Master of Business Administration in Data Analytics|
|Duration||Course Duration of Master of Business Administration [MBA] (Data Analytics) is 2 Years.|
|Age||No age limit|
|Minimum Percentage||45%–50% academic aggregate from an acknowledged college or university|
|Average Fees Incurred||INR 3 - 27 Lakhs|
|Average Salary Offered||INR 5 LPA - INR 40 LPA [Source: PayScale]|
|Employment Roles||Data Analyst, Business Analyst, Data Architect, Data Developer, Data Scientist, Data Deployment Strategist.|
As per Investopedia, data analytics is defined as "Data analytics is the science of analysing raw data to make conclusions about that information. Many of the techniques and processes of data analytics have been automated into mechanical processes and algorithms that work over raw data for human consumption. " MBA Data Analytics is the study of data science which includes collection of information, identifying the data from the information, organizing the data, and determining the data pattern. MBA Data Analytics subjects includes data statistics, finding data patterns, quantitative analysis, client relationships management, and database management. MBA in Data Analytics scope is huge in various sectors like finance, education, airports, transports, hospitality, government, healthcare, and much more. Listed below are the latest tools and technologies used by the data analysts:
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Eligibility criteria for MBA Data Analytics is a bachelor's degree (10+2+3) in any discipline. Students must have obtained a minimum of 45%–50% academic aggregate from an acknowledged college or university. Top institutions require students to have a minimum of 80-90 cut-off in any one of the national-level exams.
Admission into MBA Data Analytics is based on the scores of national-level entrance exams or state-level exams or through merit quota. Some private colleges and deemed universities perform their counselling process by conducting their university-level entrance exams.
One can apply online or offline and submit the required documents. Make sure that all mandatory fields are filled and submit the application. Complete the payment and download the first copy of the application for future references.
Once the students receive the standard entrance exam cut-off scores, they will be called for a counselling session. Final seat allotments based on the total weightage secured in the entrance exam, personal interview/group discussion, and academic performance. If graduates have any work experience that may enhance their scores.
There are many state-level, national-level, and international-level entrance exams for MBA courses. Few standard entrance exams are listed below:
Many colleges' admission criteria are based on cut-off scores, and aspirants can appear for the entrance exams to walk into the best colleges they desire. Listed below is standard entrance exam pattern:
Top 10 MBA in Data Analytics Colleges as per NIRF ranking are listed below.
|23||Great Lakes Institute of Management Chennai|
|32||Kalinga Institute of Industrial Technology|
|50||Loyola Institute of Business Administration|
There are more than 6,000 business schools for MBA Data Analytics in India. The fee structure varies from one institution to another. MBA Data Analytics is a 2-year course. Average MBA Data Analytics fee structure is INR 3 LPA to INR 27 LPA. Here are few college fees structures for 2 years are listed below:
|Indian Institute of Management, IIM, Calcutta||INR 23 Lakhs|
|VGSOM IIT, Kharagpur||INR 24 Lakhs|
|Indian Institute of Technology, IIT, Dhanbad||INR 3.57 Lakhs|
|Great Lakes Institute of Management, Chennai||INR 16 Lakhs|
|Kalinga Institute of Industrial Technology||INR 10.2 Lakhs|
MBA Data Analytics course has four semesters. The syllabus and subjects in MBA Data Analytics are split into mains, elective, quiz, viva, seminar, research, and projects. The syllabus covers economics, statistics, data analytics, business analytics, HR analytics, data programming, etc. Important subjects are listed below:
Read More about MBA Data Analytics Syllabus and Subjects
MBA Data Analytics is a specialization course focusing on data analysis, data handling, data cleaning, finding patterns from data, etc. Let's get to know more about "why choose MBA Data Analytics?" with three simple questions.
MBA Data Analytics is a two yeat post-graduate course that deals with finding data, creating data, identifying patterns, processing data, manipulating data, and reporting the results. In the 21st century, the world is entirely dependent upon data. A firm cannot run without a database. The central part of MBA Data Analytics is data management, coordination, and human resources. MBA Data Analytics graduate relies on data handling, data warehousing, service providing, maintaining a good relationship with the clients, and fulfilling their requirements. They also incorporate interactive relationships with organizations. All together, MBA Data Analytics is all about organizing the data, handling and storing the data with all the requirements without any errors.
An Data Analyst collects the raw data from information, analyses them, and processes the raw data. They serve the specified domain and give them the required reports on time. There are many methods, techniques, strategies to collect, analyse, and process the data. Data Analysts faces challenging management tasks and critical resource situations. MBA Data Analytics careers responsibilities are listed below:
Identifying Data: the process of knowing and understanding the data and its properties to choose relevant algorithms to build the model.
Assembling Data: Collecting and gathering them together to form patterns over them.
Interpreting Data: to implement the data, review, and conclude the data.
Data Analysing: examine and arrange the data in the specific data set.
Reporting the Results: Data manager summarizes about the patterns in data sets.
In today's digital world, firms are entirely dependent on data. Nowadays, people with smartphones keep updating tons of data every second. There are plenty of options available for MBA Data Analytics graduates.
Career Growth: In today's competitive career market, firms cannot run without the data management team. MBA Data Analytics graduates
Demand: People in this sector are in high order because data analytics controls the organizations' confidential data and reports as per the organization's requirements within a limited time frame.
Research: Organizations expect ongoing research work to be done in this sector.
Higher Expectations: Students with higher-level data knowledge are needed in this department.
Here are some of the vital work process of MBA Data Analyst:
Read More about MBA Data Analytics Jobs
It is an excellent course that equips the student with fluent practical and theoretical knowledge of data analytics. For successful businesses to lead in Data Analytics, the leader should understand the processes of data analytics. Managers who know how to analyse big data are more valuable leaders. In this course, graduates should develop their data analytic skills, which will be too many business tasks in the future.
MBA Data Analytics has higher studies options and plenty of certification courses. Students may do their second MBA (any other specialization) or Executive MBA. Students can pursue PhD in Management. Many organizations have their own Research and Development team where professionals can work and pursue their higher studies by researching Data Analytics and healthy development. List of course, aspirants can do after MBA Data Analytics:
Data Analytics MBA salary average is INR 5 LPA to INR 40 LPA and it changes according to one's skills and experience.
Read More about MBA Data Analytics Salary
MBA students have many opportunities in the career job market. When a graduate has completed an MBA Data Analytics course, their demand in top companies is very high. When MBA Data Analytics graduates experience their career value, they can reward them with leading positions in companies. Graduates under this course get placed in many sections like finance, education, banking, airports, transports, hospitality, government, healthcare, and much more. Job roles for MBA in Data Analytics India:
Here the list of top recruiting companies:
|1||Information Technology Sector||Accenture, HPE, TCS, CTS, Wipro, etc|
|2||Hotels||ITC Grand chola, Taj, Westin, Radisson, Hyatt, etc|
|3||Manufacturing Industry||IBM, L & T, Apple, BCG, J.P Morgan Chase & Co etc|
|4||Product-based Companies||Amazon, Flipkart, Myntra, eBay, Snapdeal, etc|
|5||Other Job Options||Airport, Government jobs, Transport sectors|
Skill sets to go under aspirants resume, which makes them a better data analyst. Learning new technologies like big data, Hadoop, cloud course, DBMS is very important. Here listed are skills sets one needs to work on to start their career as data analyst: