MBA in Business Analytics has become one of the most sought-after new age specialized MBA in India. Many IIMs including IIM Bangalore, IIM Calcutta and IIM Kashipur are offering 2 year full time MBA Business Analytics. But what is MBA Business Analytics? Well, MBA Business Analytics combines the fields of management, business and computer science to help businesses take data-driven decisions. MBA Business Analytics Subjects in MBA Business Analytics Syllabus use 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 goal is to draw insights about why things happened, what will happen and what should be done. Accordingly MBA Business Analytics syllabus utilizes Big Data, Statistical Analysis, and Data Visualization to take better decisions and implement organization changes. Today, 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. The MBA Analytics scope is far and wide and is more industry relevant than earlier. The MBA Business Analytics subjects in the MBA Business Analytics syllabus cover all the industry relevant courses and are updated as per industry demand, consistently increasing the demand for MBA Business Analytics Jobs
Because of growing demand for skilled industry professionals in this area, MBA in Business Analytics is becoming one of the most preferred specialized MBA courses in India. Some of the top MBA Colleges for Business Analytics in India are IIM Bangalore, IIM Calcutta, ISB Hyderabad, IIM Kashipur, Great Lakes Chennai, BITS Pilani and many other leading B-schools which are offering different types of MBA in Business Analytics programs. These MBA Analytics programs range from being standalone to part-of-regular MBA program, from full-time to part-time and many other options.
Why Study an MBA in Business Analytics? Speaking on the relevance of MBA in Business Analytics, Professor R Srinivasan, Chairperson – Post Graduate Programme- MBA Business Analytics, IIM Bangalore says, “Business Analytics and its components such as artificial intelligence, statistical learning, machine learning and deep learning are becoming important and essential skills across industries and are expected to drive economic development in the 21st century. Ours is a rigorous programme built on a strong theoretical foundation and is backed by real-world examples and applications.”
Highlighting the rationale and objectives of its MBA Analytics program, Why Study an MBA in Business Analytics at IIM Kashipur, the B-school says,“MBA (Analytics) program at IIM Kashipur is a two-year full-time residential programme and aims to prepare managers and future leaders who will shape the increasingly technology-oriented and data-driven world. IIM Kashipur focuses on grooming its students to acquire knowledge, skills and attitudes for leadership profiles so that they can seamlessly navigate the ever-changing business landscape.”
So, which is the right MBA Business Analytics program for you, Why Study an MBA in Business Analytics, which are the best MBA Business Analytics Colleges in India, what is the MBA Business Analytics Scope, what is MBA Business Analytics Fees, what is MBA Business Analytics Admission Process for these MBA Business Analytics programs in different institutes offering MBA in Business Analytics? Read this MBAUniverse.com article to find out all the answers.
Different Types of MBA in Business Analytics Programs in India\
After study of more than 50 programs, we can classify these MBA Business Analytics programs into six different categories, as below:
- 2-Year Full Time Specialized MBA in Business Analytics by IIMs
- 2-Year Full Time Specialized MBA Business Analytics or MBA Equivalent PGDM in Business Analytics B-Schools and Universities
- 1-Year Full Time Specialized MBA Business Analytics or Post Graduate Certificate Program in Business Analytics by ISB, Great Lakes and other top B-schools
- Executive (Part Time) On-Campus/Hybrid Specialized MBA/PGDM or Certificate Programs in Business Analytics by Top B-schools & Universities
We will be discussing each of these types of MBA Business Analytics programs in detail soon.
Top MBA Colleges for Business Analytics in India
If you are looking for top MBA in Business Analytics colleges in India offering MBA Business Analytics, they include MBA in Business Analytics IIMs, MBA Business Analytics BITS Pilani, MBA Business Analytics NMIMS among others. Below are the top MBA Business Analytics colleges:
Let us know about each type of institutes offering MBA in Business Analytics programme with the programme name, duration, fee.
- Two-year Full-time Specialized MBA in Business Analytics by IIMs
Apart from their general MBA programs, IIMs have launched 2 year full time specialized MBA Business Analytics programmes. The list of MBA in Business Analytics IIMs, given below includes only those IIMs that offer exclusive and separate MBA Business Analytics courses like their flagship MBA programme instead of an elective or specialization
|IIMs offering MBA in Business Analytics||Programme Name||MBA Business Analytics |
Duration & Mode
|MBA Business Analytics Fees (Rs. in lakhs)|
|IIM Bangalore||Master of Business Administration (Business Analytics)||2 Years Full Time; On Campus||Rs. 23.00 lakhs|
|IIM Calcutta||Post Graduate Diploma in Business Analytics (PGDBA)||2 years full time; On campus||Rs. 24.00 lakhs|
|IIM Kashipur||MBA Analytics||2 Years full time; On campus||For the 2022-24 Batch of IIM Kashipur MBA (Analytics), the programme fee is under revision. Last year fee for the program was Rs.15.42 lakhs.|
- Two-year Full-time on campus Specialized MBA Business Analytics or MBA equivalent PGDM in Business Analytics by B-schools and Universities
To cater to the rising demand of MBA Business Analytics, number of top University MBA Colleges and private PGDM colleges are offering specialized MBA/PGDM in Business Analytics on the lines of their flagship MBA programme. Some of the Top MBA Colleges for Business Analytics in India in Non-IIM category offering 2 year full time specialized MBA/PGDM are given below with the details of programme fee
|MBA Business Analytics Colleges & Universities offering MBA/PGDM in Business Analytics||Programme Name||MBA Business Analytics|
Duration & Mode
|MBA Business Analytics Fee (Rs.in Lakhs)|
|NMIMS Mumbai||MBA in Decision Sciences & Analytics||2 years full time Dual Degree Programme from NMIMS University – School of Business Management & MS in Business Analytics & Information Management -Purdue University||Rs. 28.32 lakhs|
|SCMHRD Pune||MBA Business Analytics||2 years full time||Rs. 15.69 lakhs|
|Fore School of Management New Delhi||PGDM (Big Data Analytics)||2 Years Full time||Rs.16.98 lakhs|
|Lal Bahadur Shastri Institute of Management (LBSIM) New Delhi||PGDM-Research & Business Analytics||2 Years Full time||Rs. 12.90 lakhs|
|Welingkar Institute of Management Development and Research (WeSchool) Mumbai||PGDM Research and Business Analytics||2 Years Full time||Rs.11.00 lakhs|
|Jagdish Sheth School of Management (JAGSoM)||PGDM Data Science||2 years full time||Rs. 14.40 lakhs|
|Amrita School of Business, Amrita Vishwa Vidyapeetham, Bengaluru||MBA-MS in Business Analytics||2 Years Dual Degree programme with University at Buffalo, USA||Rs.15.50 lakhs|
|XIME Bangalore||PGDM in Business Analytics||2 years full time||Rs.11.50 lakhs|
3. 1-Year Full-time Specialized MBA Business Analytics or Post Graduate Certificate Program in Business Analytics by top B-schools
Brief details of some of top MBA colleges for MBA Business Analytics in India, including Great Lakes, TAPMI are shared below:
4. 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 MBA Business Analytics programmes in India 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||MBA Business Analytics |
Duration & Mode
|Fee (Rs.in Lakhs)|
|ISB Hyderabad||Advanced Management Programme in Business Analytics (AMPBA)||Hybrid:1 year MBA||10.65|
|XLRI Jamshedpur||Postgraduate Certification in Business Analytics (PGCBA)||Hybrid; 1 Year Certificate programme||3.00|
|K J Somaiya Institute of Management &Reseaech, Mumbai||MBA (Part Time) – Information Management||On Campus Part Time; 3 years PGDM for executives||2.96|
|Loyola Institute of Business Administration (LIBA) Chennai||Executive PGDM in Business Analytics||On campus Part Time; 1 Year PGDM for executives & freshers||2.40|
MBA Business Analytics Admission Process
MBA Business Analytics Admission process 2022 is open in all the top MBA colleges including IIMs, BITS Pilani, offering 2 years full time programme in MBA Analytics, MBA Business Analytics or PGDM Business Analytics. The MBA Business Analytics Eligibility is similar to other MBA programmes. The MBA Business Analytics Admission process is based on following criteria:
MBA Business Analytics Eligibility: Graduation with minimum 50% marks with good academic profile. Work experience is not mandatory for 2 years MBA Analytics programme but for 1 year MBA Analytics programme different institutes need different range of work experience between 2 to 5 years.
MBA Business Analytics Entrance Exams: IIMs and other top B-schools accept different MBA Business Analytics Entrance Exams. For example, CAT/GMAT are the accepted MBA Business Analytics Entrance Exams for IIMs while many B-schools accept CAT/XAT/CMAT/MAT/GMAT and scores of their own MBA Business Analytics Entrance Exams
Final Selection through MBA Business Analytics Admission Process: All the candidates shortlisted based on the MBA Business Analytics Entrance exam score, academics and other parameters have to go through PI round. After that final merit list is generated and admission offer is made to the applicants.
Below is shared the Fee and Admission 2022 application status of some of the top MBA Colleges offering MBA Business Analytics
|B-school & Program||Fees||Admission Status|
|IIM Kashipur MBA (Analytics)||Rs.15.42 Lakhs||Open – Apply Now|
|BITS Pilani MBA Business Analytics||Rs. 11.10 Lakhs||Open-Apply Now|
|XIME Bangalore PGDM Business Analytics||Rs.11.50 Lakhs||Open-Apply Now|
MBA in Business Analytics – Program Overview
Here is a quick overview of MBA Business Analytics programme:
- MBA (Business Analytics) is a multi-disciplinary program intended to equip students with analytical tools and methodologies to solve business and social problems.
- The MBA Business Analytics Scope of program is multifold. It enables the students to define problems, use analytical tools and techniques to identify patterns, gain insights, develop business strategies and make better decisions.
- MBA Business Analytics Syllabus enables students to get inputs in management disciplines and in-depth understanding of data science.
- Students acquire analytical mindset and understand methodologies that will facilitate innovative application of analytics across different functional areas of management.
MBA in Business Analytics Scope & Program Objectives
A good MBA in Business Analytics program helps students to:
- Understand various elements of analytics: business context, technology and data science.
- Understand the emergence of analytics as a competitive strategy.
- Learn story telling using data and effective communication using analytics.
- Learn various tools and techniques in analytics with business applications.
- Learn to solve problems from different industries such as aerospace, banking and finance, healthcare, insurance, manufacturing, pharmaceutical, retail, services,software, sports, etc.
Careers with MBA Business Analytics
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. 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. A student pursuing 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 offer lucrative MBA Business Analytics Jobs with high packages. Recruiters hire the professionals to get the best suggestions and actions based on Business Data Analysis and scientifically arrived future predictions. Despite being of recent origin MBA Business Analytics Jobs are consistently rising across the world and the packages of MBA Business Analytics Salary are also showing high rising trends in campus placements
The careers in Business Analytics are rising year after year as the MBAs in Business Analytics 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 MBA Business Analytics Salary offered is Rs10.00 LPA to 30 LPA.
Some of the top recruiters offering MBA Business Analytics Jobs include Accenture, Crayon data, Global Analytics, Exl Analytics, Convergytics, Mu Sigma, Fractal Analytics, AbsoluteData, Manthan, Brillio, LatentView, Gramener among others.
MBA Business Analytics Placements
Average remuneration in MBA Business Analytics placements for the students is rising consistently. Latest MBA Business Analytics Placements in campus placements at some of the top institutes are given below:
IIM Bangalore MBA Business Analytics Placements
IIM Bangalore MBA Business Analytics 2020-22 batch has registered 100% placements with top companies participating in placement process. MBA program in Business Analytics was introduced by IIM Bangalore in 2020, and the first batch is graduating in 2022.Some of the top recruiters with number of placement offers made to IIM Bangalore MBA Analytics batch 2020-22 are
|Comapanies||No. of offers|
|Accenture; Goldman Sachs; McKinsey and Company;||4 each|
|EY; Microsoft; Paytm; Oracle||2 each|
|ADL; Adobe; Allegro Capital; Alvarez and Marsal; ANZ; BCG; Cashfree; EXL Service; Kotak Mahindra; OLA; Uber; Wells Fargo||1 each|
IIM Calcutta PGDBA Placement
IIM Calcutta concluded placement 2020 for its 4th batch of Post Graduate Diploma in Business Analytics (PGDBA) 2018-20. The batch comprising 56 students secured 60 job offers from 18 recruiters. Average salary in Placement 2020 increased to of Rs 26.31 LPA from Rs.25.05 LPA last year despite the economic slowdown in the wake of the COVID-19 crisis. Highest salary was Rs.41.29 LPA and the offer was made by an international company. BFSI (Banking, Financial Services and Insurance) sector accounted for 57 per cent of the total offers.Some of the prominent companies which participated in the final placement process were Adani, ZS Associates, EnvestnetYodlee, EXL Analytics, and ICICI Bank.The PGDBA at IIM Calcutta is a two-year full-time residential programme offered in collaboration with ISI, Kolkata and IIT-Kharagpur.
IIM Kashipur MBA Analytics Placements
MBA Analytics at IIM Kashipur has recently been launched, The summer placement for the first 2020-22 batch had concluded on high note. Average Stipend for 2 months for top 25% was Rs.1,58,000/- . High placement trends at IIM Kashipur will also offer good final placement opportunities for the students of the MBA (Analytics) program.
Top Recruiters included Accenture, Crayon data, Global Analytics, Exl Analytics, Convergytics, Mu Sigma, Fractal Analytics, AbsoluteData, Manthan, Brillio, LatentView, Gramener among others
MBA Business Analytics Syllabus & Courses
IIM Bangalore, IIM Calcutta, Great Lakes, LBSIM have more or less common courses and syllabus for MBA in Business Analytics. Following are the key topics, courses and MBA Specialization in Business Analytics, covered in the MBA Business Analytics Syllabus:
The MBA Business Analytics courses in MBA Business Analytics syllabus 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 MBA Specialization in Business Analytics is offered. The MBA in Business Analytics courses and syllabus get different in 2nd year. Following are the key areas of MBA Specialization in Business Analytics courses with electives offered for MBA in Business Analytics Syllabus:
- Artificial Intelligence & Deep Learning
- Multivariate Data Analysis
- 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
MBA Business Analytics online curriculum was conducted during Covid pandemic situation in 2020-2021. However with the situation improving all the B-schools have started offline campus approach instead of MBA Business Analytics Online pedagogic approach. However, to facilitate the candidates who are unable to join offline programmes some of the B-schools have started MBA Business Analytics Online courses