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Home > News & Articles > MBA in Data Science Course: Admission 2024, Fees, Syllabus, Exams, Top Colleges & Career
Mayank Mishra
Updated on 02nd September, 2024 , 6 min read
MBA in Data Science Course: Admission 2024, Fees, Syllabus, Exams, Top Colleges & Career
About MBA in Data Science
An MBA in Data Science is a specialized master's degree course. It combines business administration with data analytics. This course teaches you how to use statistical analysis, data mining, etc. The field of data science has emerged as a crucial aspect of business operations. MBA in Data Science helps people gain the necessary skills and knowledge to become leaders.
The MBA in Data Science is quickly rising to the top of the management specialized ladder. Statistics, mathematics, information science, computer science, artificial intelligence, and machine learning are just a few of the fields that are combined in data science. This is why someone with an engineering or technical background would find the MBA in Data Science very appropriate.
In the upcoming year 2025, Global data generation is expected to reach 463 exabytes per day, underscoring the increasing need for qualified data scientists and managers.
Data science careers are available in a number of important industries, including manufacturing, e-commerce, healthcare, IT, and BFSI (banking, financial services, and insurance). Everything from eligibility requirements to admission procedures, course material, syllabus, best universities, job prospects, possible wages, and recruiters is covered in detail in this article about the MBA in Data Science.
MBA in Data Science Highlights
The following are the salient features of the MBA in Data Science program:
| Features | MBA in Data Science Details |
| Degree Name | MBA in Data Science |
| Degree Type | Postgraduate |
| Course duration | 2 years |
| Education modes | Full-time, part-time, online and distance learning modes |
| Eligibility criteria | Bachelor’s degree in any stream |
| Admission process | Entrance exam + GD/PI |
| Course fee | INR 1 lakh to INR 15 lakh and above |
| Average salary | INR 8 Lakh Per Annum (LPA) |
| Job profiles | Risk Analyst, Business Analyst, Data Analyst, Data Scientist, Stock Analyst, Project Manager |
MBA in Data Science: Skills Acquired
- Data Analytics: An MBA in Data Science provides students with a comprehensive understanding of data analytics tools and techniques. Students learn how to analyze complex data sets, identify patterns and trends, and develop data-driven strategies.
- Programming Languages: Students learn programming languages like Python, R, and SQL, which are widely used in data science. They learn to code and develop algorithms to solve complex business problems.
- Data Visualization: Students learn to create visual representations of data, such as charts, graphs, and dashboards. They learn to use visualization tools to communicate complex information to stakeholders.
- Business Strategy: Students learn how to develop data-driven business strategies that can help organizations achieve their goals. They learn to integrate data analytics into business decision-making processes.
MBA in Data Science: Top Universities in India
- Indian School of Business: The Indian School of Business offers a one-year MBA in Business Analytics program that provides students with the skills and knowledge to become leaders in data science.
- Great Lakes Institute of Management: Great Lakes offers a one-year Post Graduate Program in Business Analytics that combines business management with data analytics.
- SP Jain School of Global Management: SP Jain offers a one-year full-time MBA in Data Science and Analytics program that provides students with a comprehensive understanding of data analytics tools and techniques.
- NMIMS Global Access School for Continuing Education: NMIMS offers a two-year MBA in Data Science program that provides students with a strong foundation in data analytics, machine learning, and artificial intelligence.
- Manipal Academy of Higher Education: Manipal offers a two-year MBA in Data Science program that provides students with a comprehensive understanding of data analytics, data mining, and machine learning.
Pursuing an MBA in Data Science can be a game-changer for individuals looking to advance their careers in the field of data analytics. The program provides students with the necessary skills and knowledge to become leaders in this field and offers numerous career opportunities with high earning potential. The top universities in India offering this course provide students with a quality education and hands-on experience in data analytics. If you are interested in pursuing a career in data science, consider pursuing an MBA in Data Science from one of the top universities in India.
MBA in Data Science Eligibility Criteria
The primary prerequisite for pursuing an MBA in Data Science is Graduation. Having a background in mathematics, statistics, information science, computer science, artificial intelligence, and machine learning will be helpful, though, as data science is all about crunching data.
- To pursue an MBA in Data Science, you need to have a bachelor's degree in a related field such as computer science, mathematics, statistics, or engineering.
- Additionally, some programs may require you to have some work experience in the field.
MBA in Data Science Entrance Exams & Admission
A group discussion (GD), a personal interview (PI), and an entrance exam are all part of the MBA in Data Science admissions process. Some of the best national MBA entrance exams for data science are listed below:
The MBA Data Science admissions process is identical to that of the MBA General course. Based on their entrance exam results, the institutes shortlist applicants for Group Discussions (GD) and Personal Interviews (PI). Academic record (class 10, 12, and graduation), entrance exam score, performance in the GD/PI round, and work experience (optional) are among the requirements for admission.
MBA in Data Science Syllabus
General management courses, business analytics, and technical subjects like machine learning, spreadsheet modeling, data visualization, etc. are all included in the MBA in Data Science curriculum. The subjects that are typically covered in the MBA data science course are listed below:
| Syllabus for MBA in Data Science | |
| Semester I | Semester II |
| Business Communication | Corporate Finance |
| Managerial Economics | Human Resource Management |
| Financial Accounting | Operations Management |
| Marketing Management | Operations Management |
| Organizational Behavior | Statistical Modelling |
| Statistics for Business: Decision Science I | Data Visualization |
| Introduction to Business Analytics | Spreadsheet Modelling II |
| Spreadsheet Modelling I | Introduction to Machine Learning |
| Semester III | Semester IV |
| Advanced Machine Learning | Supply Chain Analytics |
| Natural Language Processing | HR Analytics |
| Web & Social Media Analytics | Marketing Analytics |
| Finance and Risk Analytics | Capstone Project |
| Healthcare Analytics | - |
| Deep Learning | - |
MBA in Data Science: Top Colleges in India
Choosing the right college for an MBA in Data Science is crucial as it plays a major role in shaping your career. There are several colleges and universities in India that offer MBA in Data Science courses.
Here are some of the top colleges for MBA in Data Science in India along with their fees:
| Colleges | Fees |
| Indian Institute of Management Bangalore (IIMB) | INR 23,00,000 |
| Indian School of Business (ISB) Hyderabad | INR 34,63,000 |
| Indian Institute of Technology Madras (IITM) | INR 8,00,000 |
| Great Lakes Institute of Management Chennai | INR 16,60,000 |
| International Institute of Information Technology Bangalore (IIITB) | INR 8,00,000 |
| Symbiosis International University Pune | INR 17,25,000 |
| Indian Institute of Management Ahmedabad (IIMA) | INR 23,00,000 |
| Xavier School of Management (XLRI) Jamshedpur | INR 23,00,000 |
| Indian Institute of Management Calcutta (IIMC) | INR 22,00,000 |
| Indian Institute of Technology Kharagpur (IITKGP) | INR 10,00,000 |
MBA in Data Science: Top Colleges in Mumbai
Here are the top 5 MBA in Data Science colleges in Mumbai along with their fees:
| College Name | Program Name | Fees |
| SP Jain School of Global Management | MBA in Digital Marketing & Analytics | INR 19.5 L |
| Narsee Monjee Institute of Management Studies | MBA in Business Analytics & Intelligence | INR 15.5 L |
| K J Somaiya Institute of Management Studies | MBA in Analytics | INR 14.93 L |
| Welingkar Institute of Management Development | MBA in Business Analytics | INR 11.00 L |
| Shailesh J Mehta School of Management | MBA in Business Analytics & Big Data | INR 16.20 L |
MBA in Data Science: Top Colleges in Bangalore
Here are the top 5 MBA in Data Science colleges in Mumbai along with their fees:
| College Name | Program Name | Fees |
|---|---|---|
| International School of Management | MBA in Data Science & Business Analytics | INR 10.9 L |
| IFIM Business School | MBA in Data Science | INR 8.50 L |
| Jain University - CMS Business School | MBA in Business Analytics | INR 5.5 L |
| PES University | MBA in Business Analytics | INR 8.5 L |
| Indian Institute of Management (IIM) | MBA in Business Analytics & Intelligence | INR 24.00 L |
MBA in Data Science: Top Colleges in Delhi
Here are the top 5 MBA in Data Science colleges in Mumbai along with their fees:
| College Name | Program Name | Fees |
|---|---|---|
| International Management Institute (IMI) | MBA in Business Analytics | INR 17.25 L |
| Fore School of Management | MBA in Business Analytics | INR 15.98 L |
| Institute of Management Technology (IMT) | MBA in Business Analytics & Big Data | INR 16.5 L |
| BML Munjal University | MBA in Data Science & Analytics | INR 9.45 L |
| Management Development Institute (MDI) Gurgaon | MBA in Business Analytics & Information | INR 21.34 |
MBA in Data Science: Jobs & Salary
An MBA in Data Science opens up a plethora of job opportunities with competitive salaries. The role of an MBA in Data Science is to use their knowledge of statistics, mathematics, and programming to extract valuable insights from data. They use data analysis techniques and machine learning algorithms to identify patterns, trends, and relationships in data.
The job market for MBA in Data Science graduates is growing at a rapid pace. According to Glassdoor, the average salary for an MBA in Data Science in India is INR 1,250,000 per annum. However, the salary may vary based on factors such as experience, skills, and the industry.
Let's take a look at the top 10 companies that hire MBA in Data Science graduates in India along with their average salaries and job roles:
| MBA in Data Science Job Roles | MBA in Data Science Average Salary (INR) |
| Data Science Manager | 21 LPA |
| Data Architect | 19 LPA |
| Product Manager | 17 LPA |
| Data Science Consultant | 10 LPA |
| Data Engineer | 8.38 LPA |
| Product Analyst | 6.20 LPA |
| Business Intelligence Analyst | 5.94 LPA |
| Operations Research Analyst | 4 LPA |
| Clinical Data Analyst | 3.50 LPA |
MBA in Data Science Top Recruiters
In industries like e-commerce, manufacturing, healthcare, banking and finance, transportation, and information technology, there is a strong demand for MBA graduates with experience in data science. The following is a list of some of the best recruiters:
| Top MBA in Data Science Recruiters | |
| Amazon | IBM |
| Flipkart | Accenture |
| Citrix | |
| Deloitte | Myntra |
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Frequently Asked Questions
What is an MBA in Data Science?
An MBA in Data Science is a specialized master’s degree program that combines business administration principles with advanced data science skills.
What are the key benefits of pursuing an MBA in Data Science?
Pursuing an MBA in Data Science equips you with a unique blend of business acumen and technical expertise, making you well-prepared for leadership roles in data-driven organizations.
What are the core courses typically covered in an MBA in Data Science program?
Core courses in an MBA in Data Science program often include data analytics, machine learning, data visualization, business strategy, statistics, and data management.
Can I pursue an MBA in Data Science without a background in data science or business?
While a background in data science or business can be beneficial, many MBA in Data Science programs accept students from diverse academic backgrounds and offer foundational courses to bridge any knowledge gaps.
What career opportunities are available for graduates with an MBA in Data Science?
Graduates with an MBA in Data Science can pursue careers as data analysts, business intelligence managers, data scientists, data consultants, and data-driven decision-makers in various industries.
Are there any specific industries that value professionals with an MBA in Data Science?
Industries such as finance, healthcare, e-commerce, marketing, consulting, and technology highly value professionals with expertise in both data science and business strategy.
Can I pursue an MBA in Data Science online?
Yes, several universities offer online MBA in Data Science programs, providing flexibility for working professionals or those who prefer a remote learning environment.
What skills will I develop through an MBA in Data Science program?
An MBA in Data Science program hones your skills in data analysis, statistical modeling, machine learning, business strategy, leadership, and effective communication.
Are there opportunities for internships or practical experience in an MBA in Data Science program?
Many MBA in Data Science programs collaborate with industry partners to offer internships, capstone projects, or real-world case studies, allowing students to gain practical experience.
Can I specialize in a specific area within the field of data science during my MBA program?
Yes, some MBA in Data Science programs offer specializations or electives in areas such as big data analytics, data engineering, data visualization, or business intelligence.
Are there networking opportunities available for MBA in Data Science students?
Yes, MBA in Data Science programs often provide networking events, industry guest lectures, and alumni connections to facilitate professional networking and career advancement.
What are the admission requirements for an MBA in Data Science program?
Admission requirements typically include a bachelor’s degree, relevant work experience, letters of recommendation, a statement of purpose, and standardized test scores
Can I pursue a part-time MBA in Data Science while working full-time?
Yes, many universities offer part-time MBA in Data Science programs that cater to working professionals, allowing them to balance their career and education.
Are there scholarship opportunities available for MBA in Data Science students?
Some universities offer scholarships or financial aid specifically for MBA students, including those specializing in data science. It’s advisable to check with the individual universities for available funding options.