MBA in Data Analytics: Syllabus, Careers & Salary

What is an MBA in Data Analytics Course?

MBA in data analytics is a two year post graduation course which has seen the highest growth in recent years. Today, it is very important for any company to manage its data and make decisions out of it by making use of tools like Python or SQL.

Data analytics has its utility in almost every sector, be it private, government or research; there is a huge foreign demand for data analytics managers. Going into the future, the demand for data analytics managers is going to increase.

Data analytics focuses on logical thinking, drawing patterns out of the raw data to make useful decisions out of it.

MBA in Data Analytics Key Highlights

Why Should You Study an MBA in Data Analytics?

1. Today, data is the most important resource for any organisation. Hence, data analytics managers are given an important position in any company or organisation.  
2. Data analytics managers can work in any sector, be it healthcare, finance, marketing or accounting. 
3. There is a huge demand for data analytics managers in foreign countries as well. 
4. While studying for an MBA in data analytics, you will be able to develop highly practical-oriented skills, which will form an asset for you to earn a maximum salary. 
5. The future scope of the field of data analytics is bright, as new job roles will be created in this field along with the existing ones.
6. It is a specialisation which engineering students will find most comforting.

What is the Admission Process for an MBA in Data Analytics? 

1. The admission process for MBA in data analytics is almost similar to the admission process for other specialisations in MBA, except that there might be an additional aspect in the written test conducted by respective institutions related to data analytics knowledge.
2. A student, after getting scorecards in management entrance exams, needs to apply to the respective institutions.
3. These institutions shortlist students based on scores in entrance exams and the complete application form. 
4. If you are shortlisted, you will receive an official email inviting you to further group discussion and personal interviews, and lastly, the final list will be prepared to award provisional admission letters.

Fee Structure

1. The fees in our country for an MBA in data analytics are in the range of 20 to 25 lakhs, and some of the best business schools of our country, including top IIMs. 
2. However, if you visit private universities or online universities, you can get your MBA degree within 3 to 8 lakhs for the total course. 
3. FMS Delhi is considered to be the most affordable government school as well as one of the best schools in our country.

Eligibility Criteria

1. Any graduate in any discipline from any recognised institution is eligible to apply for the MBA in data analytics. 
2. There is no restriction on the academic background. Be it sciences or humanities, any student can apply, keeping aside the misconception that an MBA can be pursued by commerce students only. 
3. Provided that you have to meet the minimum marks criteria and a bachelor’s degree set by different institutions. 
4. Getting a good percentile in a competitive management exam like CAT is equally important to secure admission.

What Are The Career Options After An MBA InData Analytics?

1. After completing an MBA in data analytics, a student can work in the private sector in roles such as market analyst, financial analyst or as a business analyst, specifically working in the data sector. 
2. Governments also look for MBA in data analytics managers to work in their policy, research departments or economic data departments. 
3. A person can start their own venture in data services.
4. After completing an MBA, you can also engage in full-time research, writing and publishing research papers or consider enrolling in a PHD programme.

Check Out Other Specializations For MBA