MBA (Artificial Intelligence)
-
2 Years
-
Post Graduate
-
Management
-
Full Time
2 Years
Post Graduate
Management
Full Time
The Full Form of an MBA in Artificial Intelligence is a Master of Business Administration in Artificial Intelligence. Artificial intelligence has been evolving rapidly in recent years, and many MBA programs offer degrees in the field. While there is no single correct method to learn about artificial intelligence, pursuing an MBA can give you the critical skills & knowledge you need to succeed in this rapidly growing field.
MBA programs in AI typically cover machine learning, natural language processing, and knowledge representation. Students will also learn about algorithms, data mining, and decision trees. In addition, they will take courses on business management and marketing. With an MBA in AI, graduates will be prepared to work in various industries, including healthcare, finance, and manufacturing.
MBA with a concentration in Artificial Intelligence is a two-year full-time program offered by various business schools worldwide. The degree program prepares students for management consulting, marketing, product management, and software engineering careers. It also offers them the skills and knowledge required to develop artificial intelligence applications for businesses.
The MBA Artificial Intelligence is devised to equip you with the skills and knowledge required to manage the intricacies that stem from an artificial intelligence-driven world. You are presented with an opportunity to study the key issues that stem from deploying AI technologies, the impact that AI has on management and business strategy, and the actions executives ought to take while creating a strategy for their company, through modules on Information Management, Artificial Intelligence, and Data Analytics.
This program provides an opportunity to study MBA Artificial Intelligence using a flexible and distributed learning environment that will enhance your learning experience as Robert Kennedy College provides a bespoke series of MBA modules via distance learning that, within a set time frame, allows study at a pace, place, and location which suits you.
Highlights for the MBA in Artificial Intelligence program are provided in the table given below:
| Particulars | Value |
| Degree Name | MBA in Artificial Intelligence |
| Degree Duration | 2 years |
| Level of Degree | Postgraduate |
| Eligibility Criteria | Graduation from a recognized university with a minimum aggregate score of 60% |
| Mode | Full-Time or Distance |
| Examination scheme | Semester System |
| Entrance Exams | CAT, MAT, GMAT, CMAT, XAT, NMAT, LPUNEST |
| Fees for the entire duration | INR 3,00,000 to 10,00,000 |
| Subjects | Data Science, Business Law, Business Analytics Intelligence, etc. |
| Top Recruiters | HDFC, TCS, DELL, Flipkart, Amazon, Larsen & Toubro Ltd., Anchor Electricals, Biomax Fuels Ltd., Accenture, Nokia, Toyota, Proctor, and Gamble, etc. |
| Admission Process | Direct admission and based on the entrance examination |
| Job Profiles | Data Scientist, AI Data Analyst, Product Manager, Data Mining Expert, Statistician, Software Developer, etc. |
| Average Salary | INR 3,00,000 to 12,00,000 |
(i). After completion will have better career opportunities and growth. If students are interested in where they can be part of something global as well as contemporary, then this is for them.
(ii). This field has got better salaries. Skilled freshers will start from 8LPA, and it is just at the start of their career. An experienced professional can take up to 15LPA at home.
(iii). If they acquire the skills for necessary Data science and AI, the future of the industry will be very bright.
The outcome of an MBA in Artificial Intelligence
(i). They will get knowledge of both the topics on management and AI ecosystem.
(ii). They will learn to identify, and critically analyze critical problems.
(iii). Conduct experimentation at the lab level in a simulated environment using different types of tools to build, train and deploy business-oriented applications.
(iv). Graduates will critically evaluate the basis of business value-creating activities and the impact of the external environment on value creation.
(iv). They will be able to find potential solutions to complex issues and problems whilst acknowledging the risks and evaluating potential outcomes.
(v). They will be able to lead role-specific management projects.
(vi). Prestigious Job Profile: The demand for Artificial Intelligence students is increasing day by day. Any student with the passion to excel in the field will succeed for sure. Students holding a degree in this course are assumed to have advanced skills in understanding technology and its functions.
(vii). High pay: The average salary for MBA Artificial Intelligence postgraduates are on the higher side for both private and public organizations. After completing this course, students can work as Big Data Engineer, User Experience, Specialists, Game Programmer, Machine Learners,s, etc.
(viii). Career opportunities: Artificial Intelligence postgraduates will be able to pursue a diverse array of career opportunities. There is no limit to the educational programs one can choose. From Research Courses and management to Competitive Exams to get Employed in Govt. In organizations, one can have a variety of options to choose from.
Students may learn more about the MBA application process by looking it up on the internet. The student’s grades on regular admission tests determine whether or not they are admitted to the MBA in Artificial Intelligence program. Many other deemed institutions and private colleges also administer university-level admission tests.
(i). National-level exams are often exclusively available through online portals. Online and offline applications are available for private colleges and deemed universities. After that, there is an admission exam, a group discussion, and a personal interview.
(ii). Students are invited to a counseling session after receiving their entrance exam cut-off results. The overall weightage obtained by a student in the entrance exam, personal interview/group discussion, and academic achievement is used to determine admission.
MBA in Artificial Intelligence Eligibility Criteria
MBA Artificial Intelligence eligibility criteria require a minimum of 45%–50% academic aggregate in any bachelor's degree (10+2+3) of any discipline from a reputed college or university. Students must have scored a minimum of 80-90 cut-off in any standard entrance exams for admission into the MBA Logistics Management course.
(i). Depending on the institute, there are different requirements for enrolling in an MBA in Artificial Intelligence program. People who have completed their bachelor's degree and want to continue their studies can enroll in an MBA in Artificial Intelligence program offered by a variety of management universities.
(ii). Students must get a bachelor's degree in any field. Students who have finished their BBA and want to pursue an MBA in Artificial Intelligence can also take this course.
(iii). Candidates must pass entrance exams to pursue an MBA in Artificial Intelligence.
Admission Process
For admission to any of the premier institutes in the country offering an MBA in Artificial Intelligence, candidates are advised to prepare much in advance. Most reputed management institutes in India accept eligible CAT, XAT, MAT, ATMA, JMET, etc. scores to screen deserving candidates for admission.
Stage in Types of Learning MBA in Artificial Intelligence
(1). Artificial Narrow Intelligence (ANI): Also known as Weak AI, ANI is the stage of Artificial Intelligence involving machines that can perform only a narrowly defined set of specific tasks. At this stage, the machine does not possess any thinking ability, it just performs a set of pre-defined functions. Examples of Weak AI include Siri, Alexa, Self-driving cars, Alpha-Go, Sophia the humanoid, and so on. Almost all the AI-based systems built to this date fall under the category of Weak AI.
(2). Artificial General Intelligence (AGI): Also known as Strong AI, AGI is the stage in the evolution of Artificial Intelligence wherein machines will possess the ability to think and make decisions just like us humans. There are currently no existing examples of Strong AI, however, it is believed that we will soon be able to create machines that are as smart as humans.
(3). Artificial Super Intelligence (ASI): Artificial superintelligence is the stage of Artificial Intelligence when the capability of computers surpass human beings. ASI is currently a hypothetical situation as depicted in movies and science fiction books, where machines have taken over the world.
Skills Required
Required skills for the MBA Artificial Intelligence program are provided in the table given below:
| Computing Efficiency | Communication and Collaboration | Programming languages (Python, R, and Java are the most necessary) |
| Linear algebra and statistics | Signal Processing techniques | Problem-solving |
| Neural Network Architectures | Time Management | Analytical thinking |
| Organizing skills | Leadership Skills | Strategic thinking |
| Multitasking | Interpersonal Skill | Decision-making |
Accepted Entrance Exams
Here are some accepted entrance tests are given below in the table:
| CAT | CMAT | GRE |
| SAT | SNAP | MAT |
| GMAT | XAT | NMAT |
MBA in Artificial Intelligence is a 2-year postgraduate degree program, which is offered under the Business Administration stream. MBA in AI teaches how to use AI to solve problems using complex algorithms. The average MBA in Artificial Intelligence fee (tuition fee) to pursue an MBA in AI from an Institution in India is between INR 3,00,000 –INR 6,50,000 per annum.
| Colleges or University | Fees (in INR) |
| IIT Bombay | INR 1,50,000 |
| IISc Bangalore | INR 25,000 to INR 43,500 |
| IIT Kharagpur | INR 4,00,000 |
| IIT Madras | INR 2,00,500 |
| University of Hyderabad | INR 2,00,000 |
| IIIT Hyderabad, Allahabad | INR 2, 22, 995 |
Selection Criteria
After getting entrance exam cut-off scores, students are called for a counseling session. The admission is based on the total weightage secured by a student in the entrance exam, personal interview/group discussion, and academic performance.
MBA in Artificial Intelligence Syllabus is similar to most colleges. However, there might be some modifications in the MBA in Artificial Intelligence Syllabus from college to college. The syllabus for the MBA in Artificial Intelligence course is as follows.
| Introduction to Artificial Intelligence | Machine Learning Algorithms | International Business Law | Design Thinking |
| Language Lab | Financial Reporting and Management Control | Strategic Management | Introduction to Data Science |
| Discrete Structure | Future with AI | Marketing Management | Human Resource Management |
| BOT creation Using Python | Cryptography | Applications of Artificial Intelligence in Business | Statistical Decision Making |
| Database Management Systems | Robotic Process Automation | Global Outsourcing | Data Visualization for Managers |
| Analytics Integrated Decisions Making | linear algebra | Interface Technologies | Business Analytics Intelligence NLP and Text |
| EdX, Coursera | Internet of Things | SQL | Deep Learning |
| Statistics | Computation Theories | Plotting for Data Analysis | Signal Processing |
| Foundations of Machine Learning | Programming | Visualizing High-dimensional Data | Foundations of AI |
| Essential Artificial Intelligence | Dimensionality Reduction | Python Machine Learning | Probability |
| AI Framework | Advanced Optimization Methods | Thesis |
Some of the important MBA Artificial Intelligence subject books that can help students to have a broader and better understanding of the course are provided in the table given below:
| Name of the Book | Author |
| TensorFlow in 1 Day: Make your own Neural Network | Krishna Rungta |
| The Master Algorithm: How the Quest for the Ultimate Learning Machine Will Remake Our World | Pedro Domingos |
| Machine Learning: A Probabilistic Perspective | Kevin P. Murphy |
Here is some of the Best Colleges for Artificial Intelligence in India:
| Name of College | Fees (in INR)/year |
| IIT Bombay | INR 1,50,000 |
| Amity University, Noida | INR 3,20,000 |
| IISc Bangalore | INR 25,000 to INR 43,500 |
| SRM University Delhi-NCR | INR 2,25,000 |
| IIT Kharagpur | INR 4,00,000 |
| BML Munjal University, Gurugram | INR 6,50,000 |
| IIT Madras | INR 2,00,500 |
| Graphic Era University | INR 2,80,000 |
| University of Hyderabad | INR 2,00,000 |
| GEHU Dehradun | INR 2,70,000 |
Below mentioned are some of the Best City-wise Colleges for Artificial Intelligence in India:
| Name of College | Location |
| Amity University | Noida |
| Indian Institute of Management | Bangalore |
| Chandigarh University | Chandigarh |
| Indian Institute of Management | Luckow |
| Indian Institute of Management (IIM) | Hyderabad |
| Chaitanya Bharathi Institute of Technology | Hyderabad |
| Indian Institute of Science (IISc) | Bangalore |
| Dy Patil International University | Pune |
| Sharda University | Greater Noida |
| Indian Institute of Management | Ahmedabad |
| XLRI Xavier School of Management | Jamshedpur |
| SRM Institute of Science and Technology | Chennai |
| Vellore Institute of Technology (VIT) | Vellore |
| Bangalore University | Bangalore |
| Indian Institute of Management | Calcutta |
| Indian Institute of Management | Kozhikode |
| National Institute of Industrial Engineering | Mumbai |
| Indian Institute of Technology | Kharagpur |
Almost all the B-Schools take the initiative to introduce MBA in Artificial Intelligence Placements and internship programs where students are required to get practical exposure by undertaking a week (depending on the respective college) internship in an organization.
The colleges have a strong alumni network that is very effective during placement drives. Also due to their network with the companies, many top recruiters visit the campus during campus recruitment. They take the responsibility to groom the students through different placement processes like mock interviews, workshops, communication, and conferences and make them ethical professionals as wanted by the corporates.
The average salary of an MBA graduate in Business Analytics is between 6-12lakhs pa. The higher-end salary especially goes to students from top MBA schools.
Top recruiters
The following multinational companies are the top recruiters of MBA Artificial Intelligence professionals.
| Equifax | Juniper Network | NVIDIA |
| AIG | Oracle | Amazon |
| Infosys | Microsoft | Dell |
| Reliance | ABB | ADA |
Job Profile
These are the career options for Al-certified candidates. Candidates who are interested in this challenging, creative, and fast-paced industry, are advised to read the above job roles in the Al and Machine learning stream. Candidates with Artificial Intelligence and Machine Learning certificates can earn INR 4,30,000 per annum. It may vary according to the job roles of Al and Machine Learning. On the other end, experienced candidates in the field of AI and machine learning can earn up to INR 8,20,000 per annum.
| Data Analyst | Algorithm Engineer | Computer Vision Engineer |
| Computer Scientist | Python | Computer Vision |
| Natural Language Processing | Robotics Engineer | Al Specialist |
| Machine learning Engineer |
Expected Salary in India
An MBA in Artificial Intelligence is one of the most popular courses among students after completing graduation. It is a unique course that teaches business management with Artificial Intelligence. After completing an MBA in Artificial Intelligence, graduates will have better career opportunities and growth. The MBA in Artificial Intelligence professionals has got better salaries. A fresh professional receives a salary of INR 6,00,000 per annum at the start of his career.
A skilled and experienced professional receive up to INR 17,00,000 per annum. In short, the salary package of an MBA in Artificial Intelligence professional lies between INR 6,00,000 to INR 17,00,000 per annum.
| Level of Experience | Average Salary (per annum) |
| Above 5 years | Rs. 35,00,000 |
| 1 - 3 years | Rs. 25,00,000 |
| 0 - 1 year | Rs. 10,00,000 |
The MMAI will produce creative problem-solvers equipped to leverage AI in business, non-profit, governmental, or start-up organizations. Graduates will possess a competitive combination of management skills, technical expertise, and the ethical sensibilities required to execute solutions to business challenges.
Career support is embedded throughout the MMAI program journey, with structured training in areas such as personal branding and case interview preparation. Students will grow their expertise in Apache Hadoop, Structured Query Language (SQL), Tableau Data Visualization, and Microsoft Azure.
As part of your MMAI career services, you will also have access to the Centre for Career Design (CCD), providing you with online access to year-round job postings and career tools as well as corporate information sessions and CCD-run events.
Job Opportunities after MBA in Artificial Intelligence
(I). Students who have completed MBA in Artificial Intelligence will get jobs in both the Public and Private sectors. They can work in the IT field and other related fields like Data Analytics, Gaming, Manufacturing Sector, Assembly Line Operations, Natural Language Processing, Robotics, etc.
(ii). After completing this program, students can work as Big Data Engineer, User Experience Specialist, Game Programmer, Machine Learners, etc.
Some of the most common job profiles that an MBA Artificial Intelligence postgraduate can opt for along with job description and salary package are mentioned in the table below.
| Robotic Scientist | Technical Services Manager | Data Analyst | Data Scientist |
| Game Programmer | Product Manager | Business Intelligence Developer | Lead Network Engineer |
| Computer Scientist | Security Analyst | Data Architect | Masters in Artificial Intelligence |
| Data Communications Analyst |
Scope of Artificial Intelligence
In the developing world, it is estimated that jobs and career options in the industry under AI are immense and have been increasing rapidly. Companies and industries worldwide are now using Artificial Intelligence, contributing to multiple jobs in different technological sectors.
There are multiple career opportunities that the eligible candidate can apply for after completing the curriculum under AI:
| Software Engineer | Game Programmer | Data Engineer |
| Data Mining Analyst | Computer Scientist | Machine Learning Engineer |
| Data Scientist | Algorithm Engineer | machine learning developer |
| Research Scientist | Human-Centered Machine Learning Designer | Robotics Programmer |
| Working with the Military Services | Principal Data Scientist | Machine Teaming Manager |
| Assisted Healthcare Technician | AI developer | Business Intelligence Developer |
| Software Developer | NLP Scientist | Computer Vision Engineer |
Graduates need not worry as many new AI domains are emerging. They are:
| Virtual Agents | Deep Learning | Neural Networks |
| Machine Learning | Cognitive Automation | Natural Language Processing |
| Speech/Voice Recognition | Virtual & Assisted Reality | Robotics |
Q. What is Artificial Intelligence?
Ans. This is a branch of Computer Science where intelligence is shown by machines and is hence different from the intelligence shown by human beings.
Q. What is the scope of a course in Artificial Intelligence?
Ans. In today’s digitalized world, a course in Artificial Intelligence provides a wide range of opportunities such as Game programming, Robotic science, Computer Scientist, Software engineering, etc.
Q. Is it expensive to pursue an MBA course in Artificial Intelligence?
Ans. The average fees for an MBA in an Artificial Intelligence program depend on the institution one is seeking admission. But considering the scope, the money is well spent.
Q. Is it worth doing a course in Artificial Intelligence?
Ans. The worth of any course will depend on how the knowledge is going to be applied. Considering the demand and scope it is worth doing a course in Artificial Intelligence.
Q. Which is better AI and ML or data analytics?
Ans: (I). It is a complex academic question with many possible answers.
(ii). It can be difficult to determine which course is better AI and ML or data analytics.
(iii). AI and ML are better choices for computer science students. Others might find data analytics a better choice.
Q. Which College offers an MBA in Artificial Intelligence?
Ans. The following colleges in India offer MBA in Artificial Intelligence courses.
(i). Amity University, Noida
(ii). BML Munjal University, Gurugram
(iii). SRM School of Management, Kattankulathur, Chennai
Q. Is an MBA in Artificial Intelligence good for prospects?
Ans. Yes, many companies are hiring AI Specialists. New domains are also emerging very quickly.
Q. What is the eligibility requirement for an MBA in Artificial?
Ans. A bachelor’s degree in any domain (but it would be helpful if students have a maths background) with a minimum percentage of marks of admission.
back