Scope Of MBA in Business Analytics

Scope Of MBA in Business Analytics


A specialized degree known as an MBA in Business Analytics integrates the concepts of business administration with the methods and tools of data analysis. Businesses are increasingly relying on data in today's data-driven environment to make smart decisions and gain a competitive advantage. As a result, there is an increasing need for people who can analyze and comprehend massive amounts of data to influence corporate strategy and results.

An MBA in Business Analytics has a broad focus and provides graduates with a variety of career options. With this degree, people can work in a variety of sectors, including finance, consulting, healthcare, retail, e-commerce, and more.

Additionally, an MBA in Business Analytics places a strong emphasis on the development of analytical, communication, and problem-solving abilities in addition to technical ones. Employers greatly value these soft skills because they help professionals provide data-driven insights to management and stakeholders, cooperate with cross-functional teams, and effectively convey their findings.

What is an MBA in Business Analytics

To understand what MBA in Business Analytics is about, please refer to the following points:

  • An MBA in Business Analytics is the methodical exploration of data by corporations or organizations.
  • Using statistical analysis, it leverages past data to assist firms in improving and making money. It also helps give insights into their performance.
  • The course covers a wide range of topics, including artificial intelligence, decision analysis, statistics, and computer simulation.
  • Advanced Analytics and Business Intelligence are the two practice areas covered in the course.

Why Choose an MBA in Business Analytics

There are several reasons why choosing an MBA in Business Analytics can be a smart career move:

  • High Demand: Business analytics are in high demand across industries. Companies need experts who can properly evaluate and use that data to make wise business decisions as they continue to gather and analyze enormous amounts of data. You can acquire the abilities and information required to address this demand by pursuing an MBA in Business Analytics.
  • Competitive Advantage: Given the growing significance of data-driven decision-making, having a business analytics specialization can provide you an advantage in the employment market. Employers respect those who can evaluate complicated data sets, spot trends, and offer useful insights. You can gain these abilities by pursuing an MBA in Business Analytics, which will make you an invaluable asset to any firm.
  • Versatile skill set: The multidisciplinary discipline of business analytics blends technical know-how with business acumen. Your analytical skills will be improved by pursuing an MBA in Business Analytics, along with your business knowledge and leadership talents. Your ability to adapt to different tasks and industries is enhanced by this combination of talents, which expands your options for employment.
  • Decision-Making Strategically: Business analytics is all about using data to create decisions that have a long-term impact. You can help an organization grow and succeed by developing your ability to evaluate and understand data efficiently. You can make well-informed decisions that affect business outcomes by using the tools and methods you learn in an MBA in Business Analytics.
  • Lucrative wages: Jobs in business analytics can offer lucrative salaries. Companies are willing to pay a premium for employees who can deliver important insights to improve business performance since there is a significant demand for professionals with skills in data analysis. You can position yourself for higher-paying positions and possible professional progression by pursuing an MBA in Business Analytics.

MBA in Business Analytics - Eligibility 

The following requirements must be met by students to be eligible to pursue an MBA in Business Analytics:

  • Completed a Bachelor's degree from a recognized university with a minimum aggregate of 50% (45% for SC/ST category).
  • The application process is open to students who have submitted their final exams or are awaiting their final results.

Entrance exams, which vary from institute to institute, are used to grant admission to the program. A few of the common MBA Business Analytics Entrance tests are:

MBA in Business Analytics - Syllabus 

Business management, accounting, finance, human resources, and other important topics are covered in the Business Analytics program. The MBA in Business Analytics course curriculum also covers the following topics in addition to standard management topics



First Semester

Managerial Economics

Management Information System

Financial Accounting

Marketing Management

Second Semester

Financial Management

Operations Management

Human Resource Management

Financial Analytics

Third Semester

Predictive Analytics

Risk Management

Marketing Analysis

Data Mining

Fourth Semester

Big data analytics

Ethical & legal aspects of analytics

Project management

Professional Development

Note- It's important to note that the specific courses and their sequencing can differ from one institution to another. It's advisable to check the curriculum of the particular MBA program you are interested in for a more detailed syllabus.

List of top 10 B-School that provide MBA in Business Analytics

Here is a list of some of the top B-Schools in India that provide an MBA in Business Analytics:

Note-  This list is not all-inclusive and there may be additional B-Schools that also offer an MBA in business analytics.

MBA in Business Analytics - Career Options, Job Roles and Salary 

An MBA in Business Analytics opens up a plethora of career opportunities in today's data-driven world. Graduates can pursue various job roles in different industries. Some popular career options include:

Job Profile

Job Description

Average Salary (INR)

Data Scientist         

Utilize analytical, statistical, and data expertise to assemble, arrange, and resolve difficult business problems.

15 LPA


Collect, organize, and summarize data using theoretical or applied statistics to provide relevant information.

10 LPA

Market Research


Their objective is to use the data availability to assist a company in increasing its profitability.


Quantitative Analyst       

Develop a plan to increase the effectiveness of trading stocks.


Project Manager

They assist in managing projects and project goals, such as budgets, costs, and objectives.

12 LPA

Data Mining Expert

These professionals are in charge of developing, installing, and managing data support systems, as well as creating database files and tables.


Business Analyst

To identify customer wants or to meet organizational internal needs, they review data and records. They simplify complex data for understanding.

11 LPA

Note- It's important to note that these figures are approximate and can vary significantly based on individual circumstances and market conditions.

MBA in Business Analytics - Conclusion

A world of potential in the area of data-driven decision-making can be unlocked by pursuing an MBA in Business Analytics, in conclusion. There is an increasing demand for people who can successfully analyse and understand data to guide strategic decisions as analytics become more and more important to businesses across industries.

Graduates with an MBA in Business Analytics are in demand for positions as consultants, data scientists, business intelligence managers, and analysts of data. These positions provide fascinating challenges and the chance to use cutting-edge tools and technology.

Overall, an MBA in business Analytics can offer a solid foundation for a career in the data-driven corporate world by combining analytical skills, business acumen, and leadership talents that are in high demand in today's competitive job market.

MBA in Business Analytics - FAQ’s

Q.1. What is the scope of MBA in Business Analytics?

Ans. MBA in Business Analytics offers promising career opportunities for graduates, as businesses increasingly rely on data-driven decision-making, presenting a wide range of professional prospects.

Q.2. What are the job roles available for MBA graduates in Business Analytics?

Ans. Business analytics MBA graduates have a range of employment options. Data scientist, consultant, and analytics manager are a few of the most sought-after job titles. These positions involve duties like data analysis, forecasting, predictive modelling, business forecasting, data visualization, and strategic planning.

Q.3. What is the average salary of a Business Analyst?

Ans. Business analysts in India make an average of INR 8 lakh annually. As one obtains expertise in this sector, the pay scale expands significantly. Business size and reputation, profile, geography, educational background, and work experience are just a few of the variables that affect business analyst wages in India.

Q.4. Is there a demand for professionals in Business Analytics?

Ans. The demand for business analytics experts is high due to the vast amount of data produced by businesses, who need to efficiently analyze and interpret this data to make informed decisions and gather knowledge.

Q.5. How can someone boost their career using an MBA in Business Analytics?

Ans. To enhance their careers in Business Analytics, individuals should stay updated with new tools, attend industry events, and engage in ongoing learning. Networking with industry experts and seeking mentorship can provide valuable advice and job progression opportunities.

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