MBA in Business Analytics: Colleges, Eligibility, Fees, Admission

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MBA in Business Analytics: Colleges, Eligibility, Fees, Admission

Course

Mayank Mishra

Updated on 07th October, 2024 , 9 min read

Latest Updates of MBA in Business Analytics:

  • 24th Nov 2024: CAT exam 2024
  • 30th Nov 2024: Last date of XAT registration 2025 for the MBA/PGDM courses.
  • 5th Nov to 20th Dec 2024: NMAT 2024 exam is scheduled.

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About MBA in Business Analytics

MBA in Business Analytics is a 2-year postgraduate management degree course. MBA in Business Analytics is a discipline in which students are taught how to create business strategies based on data. Students learn how to process and read large amounts of data to generate results and provide real-world solutions and strategies for the growth of a business. 

Not only will the students gain the knowledge and abilities to deliver vital business solutions during this program but as a data-driven business leader, they can set career success by fusing managerial and analytical expertise

Watch all about MBA in Business Analytics

Quick fact on MBA Specializations

The top two industries hiring graduates are technology (40%) and finance (25%). This illustrates how important data analytics is in these industries, where insights can result in significant competitive advantages.

Check: MBA Vs PGDM

MBA in Business Analytics Highlights 2024

Business analytics as a process combines data analytics and business intelligence on a given collection of data to develop future business strategies and plans. The table below lists the following details about MBA programs in business analytics offered in India:

ParticularsDetails

Course Full Form 

Master of Business Administration in Business Analytics

Course Level

Post Graduate

No. of Colleges500+
Annual Fees< INR 1 lakh: 16 colleges      
INR 1-2 lakh: 66 colleges      
INR 2-3 lakh: 50 colleges      
INR 3-5 lakh: 109 colleges      
> INR 5 lakh: 275 colleges
Top CollegesIIM Bangalore, IIM Calcutta, NMIMS School of Business Management, S.P. Jain Institute of Management and Research, NIT Trichy, IIM Kashipur, Amity University Noida, etc.
Admission ProcessEntrance Based: CAT, MAT, XAT, CMAT, ATMA, SNAP, NMAT, etc.

Duration

2 Years

Examination Type

Semester-based

Eligibility

Graduation with minimum 50% from a recognized university.

Admission Process

Entrance-based

Course Fee

INR 5- 15 LPA

Average Salary

INR 8- 16 LPA

Job Positions

Data Scientist, Statistician, Predictive Modeller, Quantitative Analyst, Project Manager, Market Research Analyst, etc

Top Recruiting Companies

HCL, Google, Godrej, Amazon, Motorola, Oberoi, HP, Indusind Bank, etc

Why Pursue MBA in Business Analytics?

The demand for business analytics professionals is growing and will continue to grow in the coming years. The program is designed based on inputs from industry leaders and has a balance of theoretical concepts and practical experience. The curriculum covers SQL, Tableau, Power BI, data mining, data visualization, database management, machine learning, business intelligence tools which are niche skills for future ready and future proof careers.

Know More: What is Business Analytics?

MBA in Business Analytics Eligibility 

The aspirant of MBA course must ensure that he/ she is eligible as per the criteria mentioned below:- 

  • One must have scored minimum 50% in graduation.
  •  Students must pass an entrance exam such as CAT, XAT or GMAT.

MBA in Business Analytics Admission

The admission requirements for MBA in Business Analytics program vary from university to university. Admission in MBA in Business Analytics course is done through entrance exams. The MBA entrance exams include CAT, XAT, MAT, NMAT, GMAT, CMAT, etc. After being shortlisted based on their performance in the admission tests, candidates are finally selected for MBA in Business Analytics Admission through a process which sometimes involves WAT (Written Ability Test), PI (Personal Interview) and GD (Group Discussion) round.

MBA in Business Analytics Colleges in India with NIRF Ranking 2024

College NameNIRF 2024
IIM Bangalore2
IIM Calcutta5
IIM Ranchi17
SPJIMR20
IIM Kashipur23
Amity University, Noida29
Great Lakes Institute of Management, Chennai34
LPU38

MBA in Business Analytics Entrance Exams

For those who want to pursue MBA in Business Analytics, knowing the entrance exams is crucial. Each of these exams tests a student’s aptitude in various areas such as quantitative ability, verbal ability, logical reasoning and data interpretation. Interested students must research well the eligibility criteria and syllabus of each exam before registering. Students should check which entrance exams are accepted by the college they are applying to and give those.

Some of the top MBA in Business Analytics Entrance Exams are:

  • CAT - CAT is a national level MBA entrance examination that allows the students to get admission to the top management colleges. The Common Admission Test is conducted by the IIMs. CAT is basically required for applicants seeking admission to MBA courses. The CAT test is required for admission to the IIMs and other top business institutions in India.
  • MAT - MAT Full Form is Management Aptitude Test. It is a management entrance examination that is conducted at a national level. It has been regulated by the All-India Management Association (AIMA) since 1988.
  • NMAT - NMAT is a national level entrance test that is conducted by GMAC for admission in several courses such as MBA & PGDM.
  • CMAT - CMAT is a national level online based examination that is monitored by the National Testing Agency (NTA). Through this CMAT, the candidates will be able to take admission to the management courses into the institutes approved by AICTE.
  • XAT - The Xavier Aptitude Test, known as XAT is a nation wide Entrance exam that is conducted by the Xavier School of Management (XLRI) Jamshedpur on the account of Xavier Association of Management Institutes (XAMI). This exam is conducted each year so as to select the eligible students for the management courses offered by the top business schools associated with the institution as part of XAMI. 

Entrance Exam

Registration Date

Exam Date

CAT

3rd August 2024

21st Sept. 2024

MAT

10th August 2024

13th Sept. 2024

NMAT

1st August 2024

10th Oct. 2024

CMAT

15th November 2024

15th Jan. 2025

XAT

10th August 2024

30th Nov. 2024

MBA in Business Analytics: Subjects & Syllabus

The MBA in Business Analytics is a 2- year course divided into 4 semesters. The syllabus consists of various MBA in Business Analytics subjects like-

MBA in Business Analytics Subjects

Financial Accounting

Financial Analysis

Statistical Analysis

Risk Management

Predictive Analysis

Business Intelligence

Data Modelling

Computational Methods

Optimization Analysis

Big Data Analytics

Data Mining

Simulation Modelling

MBA Business Analytics Syllabus is a mixture of both theoretical and practical approaches to study. A semester wise detailed MBA Business Analytics Syllabus is given below:

MBA in Business Analytics Syllabus- Semester 1

MBA in  Business Analytics Syllabus- Semester 2

Quantitative Methods

Financial Management

Managerial Economics

Operations Management

Management Information Systems

Human Resource Management

Financial Accounting

Financial Analytics

Marketing Management

Optimization Analytics

Organizational Behavior

Stochastic Modeling

Statistical Analysis

Business Intelligence

Data Modeling

Research Methods

Computational Methods

Managerial Communication

 

MBA in Business Analytics Syllabus- Semester 3

MBA in Business Analytics Syllabus- Semester 4

Predictive Analytics

Strategic Management

Risk Management

Operations and Supply Chain Analytics

Marketing Analysis

HR Analytics

Data Mining

Big Data Analytics

Simulation Modeling

Ethical and Legal Aspects of Analytics

Analytics Systems Analysis & Design

Project Management

Industry Internship Program

Professional Development

-

Elective Paper

-

Analytics Capstone Project

MBA in Business Analytics Colleges

Some of the top colleges offering MBA in Business Analytics degree in India with their average fees is mentioned below:

Private MBA in Business Analytics Colleges in India -

The following table lists private MBA programs in Business Analytics offered by Indian colleges, along with the total cost of attendance, entrance requirements, and seat intake:

College NameTotal Tuition Fee/SeatsEntrance Exam/ Eligibility
NMIMS School of Business Management Mumbai AdmissionINR 24 lakh      
Seats: 990
Entrance Exam: NMAT      
Graduation with a minimum aggregate of 50%
SPJIMR AdmissionINR 15 lakh      
Seats: 916
Entrance Exam: CAT, GMAT      
Eligibility: Class 12 with a minimum of 50% of the aggregate.
IMI Kolkata AdmissionINR 10 lakh      
Seats: 180
Entrance Exam: XAT, CAT, CMAT      
Candidates must have passed a bachelor’s degree with 50% aggregate from any recognized University/Institute.
Amity University Noida AdmissionINR 13 lakh      
Seats: 120
Entrance Exam: CMAT, CAT, MAT, XAT, GMAT, NMAT      
Candidates must have passed a bachelor’s degree from any recognized University/Institute.
Birla Institute of Technology Mesra AdmissionINR 6 lakh      
Seats: 120
Entrance Exam: CMAT, CAT, MAT, XAT      
Class 12 with a minimum of 50% of the aggregate.

Govt. MBA in Business Analytics Colleges in India

The government MBA programs in Business Analytics colleges in India are displayed in the table below, along with information on entrance exams, eligibility, and total tuition costs -

College NameTotal Tuition Fee/SeatsEntrance Exam/ Eligibility
IIM Bangalore AdmissionINR 25 lakh      
Seats: 635
Entrance Exam: CAT      
Class 12 with a minimum of 50% of the aggregate.
IIM Calcutta AdmissionINR 25 lakh      
Seats: 65
Entrance Exam: CAT      
Class 12 with a minimum of 60% of the aggregate.
IIM Ranchi AdmissionINR 16 lakh      
Seats: 370
Entrance Exam: CAT      
Class 12 with a minimum of 60% of the aggregate.
IIM Kashipur AdmissionINR 17 lakh      
Seats: 340
Entrance Exam: CAT      
Class 12 with a minimum of 60% of the aggregate.

MBA in Business Analytics Colleges Accepting CAT Score in India

The top MBA programs in Business Analytics in India that accept CAT scores are listed in the table below, along with the total cost of tuition:

Top CollegesTotal Tuition Fee
IIM BangaloreINR 25 lakh
SPJIMRINR 15 lakh
IIM KashipurINR 17 lakh
Great Lakes Institute of Management ChennaiINR 9 lakh - INR 11 lakh
Amity University NoidaINR 13 lakh

Distance MBA in Business Analytics Colleges in India

The distance MBA programs in Business Analytics colleges in India are displayed in the table below, along with the total cost of tuition -

Distance MBA CollegesTotal Tuition Fee
SRM IST KattankulathurINR 9 lakh
SPSU - Sir Padampat Singhania UniversityINR 5 lakh
Wisdom School of Management for Distance EducationINR 29,000

MBA in Business Analytics Colleges in Delhi NCR

The top MBA programs in Business Analytics in Delhi NCR are listed in the table below, along with the total cost of tuition and required entrance exams:

College NameTotal Tuition FeeEntrance Exams
Amity University NoidaINR 13 lakhCAT, MAT, NMAT, XAT, etc.
IMT GhaziabadINR 19 lakhCAT and XAT
Jaipuria NoidaINR 14 lakhCAT, MAT, XAT, CMAT, etc.
Great Lakes Institute of Management, GurgaonINR 7 lakhCAT, XAT, CMAT

MBA in Business Analytics Colleges in Maharashtra

The top MBA programs in business analytics in Maharashtra are displayed in the table below, along with the total cost of tuition and required entrance exams:

College NameTotal Tuition FeeEntrance Exams
NMIMS School of Business Management, MumbaiINR 24 lakhNMAT
SPJIMRINR 22 lakhCAT
NMIMS, MumbaiINR 10 lakhNMAT
Welingkar MumbaiINR 14 lakhCAT, XAT, GMAT, etc.

Also Read: PhD after MBA

MBA in Business Analytics Colleges in India: Fees vs Salary

Return on Investment (ROI) is a metric used to indicate how much money you will make or gain from attending a specific college. It evaluates the candidate's return on study fees and the return they receive in the form of job placements. The top MBA programs in business analytics offered by Indian universities are displayed in the table below, along with the average placement package and total tuition cost:

College NameTotal Tuition FeeAverage Median Package
IIM Calcutta MBAINR 25 lakhINR 31 LPA
IIM Bangalore MBAINR 25 lakhINR 32 LPA
IIM Ranchi MBAINR 16 lakhINR 16 LPA
IIM Kashipur MBAINR 17 lakhINR 15 LPA
Great Lakes Institute of Management, Chennai MBAINR 9 lakh - INR 11 lakhINR 11 LPA

Highest Salary Offered by MBA in Business Analytics Colleges in India

There is a great demand for MBA graduates across all fields. The following is a list of a few of the best Indian companies that hire postgraduate MBA candidates and provide placement assistance:

College NameAnnual Average PackageTop Recruiters
IIM Bangalore PlacementsINR 32 LPAAccenture, Amazon, Paytm, Microsoft, Vedanta, Mckinsey, etc. 
IIM Calcutta PlacementsINR 31 LPAOptum, Persistent, Atos, Amazon, Virtusan, Deshpande Foundation, etc. 
IIM Ranchi PlacementsINR 16 LPAJP Morgan& Chase, Accenture, L&T, Sonny, Google, etc.
IIM Kashipur PlacementsINR 15 LPAICICI Bank, Microland, Room, Tata Capital, Yes Bank, etc.

Also Watch-

 

MBA in Business Analytics Jobs

MBA in Business Analytics  course has become one of the top job oriented professional programs. The vast numbers of companies employing business analytics graduates typically look to fill the Job Profiles. The following table gives a list of the MBA in Business Analytics jobs and their average salary offered:

Job Profile

Average Salary

Business Analyst

INR 11 LPA

Market Research Analyst

INR 8 LPA

Data Mining Expert

INR 6 LPA

Project Manager

INR 12 LPA

Data Scientist

INR 15 LPA

Quantitative Analyst

INR 9 LPA

Statistician

INR 10 LPA

The range of career options (such as data analyst, business analyst, and data scientist) shows how adaptable an MBA in business analytics can be. The distribution demonstrates that graduates have access to opportunities across a variety of fields, improving their employability. Refer the chart below -

MBA in Business Analytics Scope

  • MBA in Business Analytics offers skills and knowledge regarding analytics, and applied and theoretical statistics are gained for job opportunities.
  • MBA Business Analytics has relevance in every industry like Marketing, Finance, Consultancy, Intelligence, etc.
  • MBA  Business Analytics offers a wide range of career options including data analyst, data scientist, data mining and qualitative analyst.
  • Top companies such as Microsoft, Infosys, Wipro, Google, Tata Group, Facebook, Linkedin etc. have positions for MBA in Business Analytics students.
  • Great salary packages are offered with an average ranging between INR 8-16 LPA. 

Know All About some more MBA Specializations:

Frequently Asked Questions

What is MBA Business Analytics?

MBA Business Analytics is a postgraduate degree program that prepares students for the intersection of business and technology.

Why should one study MBA Business Analytics?

Studying MBA Business Analytics opens doors to a range of exciting career opportunities, including data analyst, business analyst, data scientist, and more. It’s also a field with high demand and growth potential.

What are the eligibility criteria for admission to MBA Business Analytics?

Eligibility criteria vary depending on the university or institution offering the course, but typically require a bachelor’s degree with a minimum percentage score, work experience, and proficiency in English.

Which entrance exams are accepted for MBA Business Analytics admission?

Common entrance exams for MBA Business Analytics include CAT, GMAT, XAT, and MAT.

What are the benefits of pursuing an MBA in Business Analytics?

Pursuing an MBA in Business Analytics provides valuable skills and knowledge in data analysis, which can help in making informed business decisions. It also improves job prospects and earning potential.

How long does it take to complete an MBA in Business Analytics?

The duration of an MBA in Business Analytics program typically ranges from 1-2 years, depending on the institution.

What is the course structure of MBA in Business Analytics?

The course structure of MBA in Business Analytics typically includes foundational business courses, data management, statistical analysis, and machine learning.

Can one pursue an MBA in Business Analytics online?

Yes, many universities and institutions offer online MBA in Business Analytics programs for working professionals.

What is the job outlook for MBA Business Analytics graduates?

The job outlook for MBA Business Analytics graduates is excellent, with high demand and growth potential in industries such as healthcare, finance, technology, and more.

What kind of salary can one expect with an MBA in Business Analytics?

Salaries for MBA in Business Analytics graduates vary depending on the job and industry, but can range from INR 5-15 lakhs per annum.

What is the future scope of MBA Business Analytics?

The future scope of MBA Business Analytics is promising, with increasing demand for data-driven decision making in businesses across industries.

Can one pursue a PhD in Business Analytics after completing an MBA?

Yes, pursuing a PhD in Business Analytics is a viable option for those who wish to specialize further in the field and pursue academic research.

What are the various career paths available to MBA in Business Analytics graduates?

Career paths for MBA in Business Analytics graduates include data analyst, business analyst, data scientist, marketing analyst, and more.

Are internships available to MBA in Business Analytics students?

Yes, many institutions offering MBA in Business Analytics programs offer internships and industry projects to provide students with practical experience and exposure.

What are some of the popular job roles for MBA in Business Analytics graduates?

Some of the popular job roles for MBA in Business Analytics graduates include data analyst, business analyst, marketing analyst, financial analyst, and operations analyst.

What is the difference between an MBA in Business Analytics and an MS in Business Analytics?

An MBA in Business Analytics is a more comprehensive program that covers not only analytics but also other areas of business, such as finance, marketing, and operations, while an MS in Business Analytics is more focused on analytics and its technical aspects.

Are there any scholarships available for MBA in Business Analytics students?

Yes, there are various scholarships available for MBA in Business Analytics students, both from the government and private organizations, which can help them fund their education.

How can an MBA in Business Analytics help you in your career?

An MBA in Business Analytics can help you in your career by providing you with a strong foundation in analytics and other areas of business, which can lead to various career opportunities and higher salaries. Additionally, the skills and knowledge gained through the program can help you make data-driven decisions and solve complex business problems.

What is an MBA in Business Analytics all about?

MBA in Business Analytics is a discipline in which students are taught how to create business strategies based on data. Students learn how to process and read large amounts of data to generate results and provide real-world solutions and strategies for the growth of a business.

Who are the top recruiters for MBA in Business Analytics?

Top companies such as Microsoft, Infosys, Wipro, Google, Tata Group, Facebook, Linkedin etc. have positions for MBA in Business Analytics students.

What is the admission process for MBA in Business Analytics?

After being shortlisted based on their performance in the admission tests, candidates are finally selected for MBA in Business Analytics Admission through a process which sometimes involves WAT (Written Ability Test), PI (Personal Interview) and GD (Group Discussion) round.

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