MBA Business Analytics

Latest Updates: 

• IIM Bangalore completed strong Placements 2022 with Average Salary of Rs.33.82 LPA for Post Graduate Programme MBA Business Analytics: Top Recruiters include American Express, Accenture, Goldman Sachs,  McKinsey, EY, Microsoft
• IIM Kashipur Completed MBA Analytics Placement with Average Salary at Rs.15.21 LPA; Admission 2023 is Open – Last Date: Feb 28, 2023- Apply Now
• MBA Business Analytics BITS Pilani Admission 2023 Open- Apply Now
• IIM Calcutta PGD-Business Analytics Admission 2023 is Open-Last Date Feb 21, 2023

MBA in Business Analytics has become one of the most sought-after new age specialized MBA in India. But what is Business Analytics? Business analytics combines the fields of management, business and computer science to help businesses take data-driven decisions. It uses 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. Business analytics utilizes big data, statistical analysis, and data visualization to take better decisions and implement organization changes. 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.

Because of growing industry demand, MBA in Business Analytics is becoming one of the most preferred specialized MBA courses in India. IIM Bangalore, IIM Calcutta, ISB Hyderabad, Great Lakes Institute of Management Chennai and many other leading B-schools are offering different types of MBA in Analytics programs. These programs range from being standalone to part-of-regular MBA program, from full-time to part-time and many other options. So, which is the right program for you, and what is the fee for each of these programs? Read this MBAUniverse.com article to find out all the answers. 

Different Types of MBA in Analytics Programs in India
After study of more than 50 programs, we can classify these programs into six different categories, as below:

1. 2-Year Full Time Specialized MBA in Business Analytics by IIM
2. 2-Year Full Time Specialized MBA or MBA Equivalent PGDM in Business Analytics by B-Schools and Universities
3. 1-Year Full Time Specialized MBA or Post Graduate Certificate Program in Business Analytics by top B-schools
4. Executive (Part Time) On-Campus/Hybrid Specialized MBA/PGDM or Certificate Programs in Business Analytics by Top B-schools & Universities
5. MBA Specialization in Business Analytics offered within 2-year full time General MBA/PGDM Program
6. Executive (Part-time) Online Specialized MBA/PGDM or Certificate in Business Analytics

We will be discussing each of these types in detail soon.

Top MBA Business Analytics Programmes
If you are looking for top MBA colleges in India offering MBA Business Analytics, below are the top management institutes:

Let us know about each type of institutes offering MBA in Business Analytics programme with the programme name, duration, fee.

1. 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 programmes in Business Analytics. The list given below includes only those IIMs that offer exclusive and separate Business Analytics MBA courses like their flagship MBA programme instead of an elective or specialization 

2. Two-year Full-time on campus Specialized MBA 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 in Non-IIM category offering 2 year full time specialized MBA/PGDM are given below with the details of programme fee

3. 1-year Full-time Specialized MBA or Post Graduate Certificate Program in Business Analytics by top B-schools 
Brief details of the programme offered by some of top MBA colleges, 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 programmes in Business Analytics 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:  

5. MBA Specialization in Business Analytics offered within 2-year Full-time General MBA/PGDM Program
Many top MBA colleges including IIMs offer Business Analytics as one of the major specializations within their 2 year full time MBA programmes.

6. Executive (Part-time) Online Specialized MBA/PGDM or Certificate in Business Analytics
For the candidates who wish to pursue MBA but cannot attend classes even in many months due to their nature of work, but they have the dream to pursue their MBA from a good institute, many top B-schools have started offering part time online education to fulfil their dream through distance learning. Some of such colleges who offer part time online specialized MBA in Business Analytics are given below:

Careers in 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 hire the Business Analytics professionals to get the best suggestions and actions based on Business Data Analysis and scientifically arrived future predictions.

The careers in Business Analytics are rising year after year as the MBAs in Business Analytics are getting higher placements and 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 salary offered to an MBA with Business Analytics is Rs 9LPA to 25LPA.

Some of the top recruiters offering careers in Business Analytics 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 placements for the students with MBA in Business Analytics is rising consistently. Latest Placements in some of the top institutes offering MBA Business Analytics are given below:

IIM Calcutta PGDBA Placement 2022
IIM Calcutta concluded placement 2022 for its 6^th batch of Post Graduate Diploma in Business Analytics (PGDBA) 2020-22. Key placement highlights were:

• Out of the batch comprising 62 students, 60 participated in placement 2022
• The Batch secured 64 job offers from 17 recruiters
• Average salary in Placement 2022 increased to Rs 29.31 LPA
• Highest salary was Rs.42 LPA
• 77% class received PPOs.

IIM Calcutta PGDBA Prominent Recruiters
Some of the prominent companies which participated in the final placement process were Adani, ZS Associates, Envestnet Yodlee, 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 Bangalore MBA Business Analytics (PGPBA) Placement 2022
IIM Bangalore MBA-Business Analytics placement 2022 registered:

• Average Salary at Rs.33.82 LPA
• Median Salary at Rs.31.20 LPA

IIM Kashipur MBA Analytics Placement 2022
IIM Kashipur MBA Analytics placement for the first 2020-22 batch has concluded on high note alongwith IIM Kashipur MBA programme. The companies have hired the Analytics professionals to get the best suggestions and actions based on Business Data Analysis and scientifically arrived future predictions. Key Highlights are

• The first batch of IIM Kashipur MBA Analytics passed out in 2022
• IIM Kashipur conducted combined placements for MBA and MBA Analytics 2020-22 Batch
• 322 eligible students participated in Placement 2022
• Highest Salary was Rs.28.82 LPA in Placement 2022
• Average Salary has gone up at Rs.15.21 LPA
• Median Salary has gone up at Rs.14.82 LPA
• 150+ recruiters offering 365 offers to the students
• 60+ New Recruiters participated in IIM Kashipur Placement 2022 season
• Number of PPOs increased to 53 in placement 2022 from 36 last year
• IT & Analytics emerged as the top recruiting sector with 39% placements followed by BFSI with 30% placements
• Diversity of profiles offered to the students
• Top recruiters at IIM Kashipur Placement 2022 included Accenture, Bain Capability, Capgemini, Deloitte, Infosys, Wipro, KPMG, ICICI Bank, IDFC Bank, L&T, HDFC Bank, ZS among others

MBA Business Analytics Courses & Syllabus
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 covered in the MBA Business Analytics:

The MBA Business Analytics courses for 1^st 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 in which the MBA in Business Analytics courses and syllabus get different. Following are the key topics covered in the courses and electives of MBA in Business Analytics Syllabus:

• Artificial Intelligence & Deep Learning
• Multivariate Data Analysis
• Optimization
• 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

This completes our article on MBA in Business Analytics. We hope you found this article helpful. Check out more Specialized MBA Programs to help you decide the right program for you: