Online MBA in Business Analytics: Courses, Admission, Syllabus, Colleges, Eligibility, Entrance Exam, Career Scope and Salary

  • course years 2 Years
  • type of course Post Graduate
  • course stream Management
  • course type Online
Written By universitykart team | Last Updated date Oct, 09, 2024

Online MBA in Business Analytics: Full Form, Admission, Eligibility, Entrance Exams, Fees Structure, Syllabus, Career, Future Scope, Jobs, Top Colleges

The full form of MBA is Master of Business Administration. An Online MBA in Business Analytics is a two-year interdisciplinary postgraduate degree program that combines business management concepts with the analytical skills. This course will focus on data analysis, statistics and quantitative methods, allowing the businesses to make a decision with facts. The admissions process for MBA in Business Analytics may begin with the submission of an online application form and essential documents, leading to payment of the program fee. Requirements for eligibility usually include a bachelor's degree, the appropriate work experience, and the specified aggregate score. While some universities can demand entrance examination like CAT or KMAT, others would give exemptions based on certain criteria.

The fee for Online MBA in Business Analytics reflects the difference across institutions. The curriculum covers a wide range of topics such as data mining, predictive modeling, business intelligence, and more, preparing students for roles like Data Analysts, Business Intelligence Managers, and Data Scientists. The future scope of MBA in Business Analytics program is promising, with a growing demand for professionals skilled in business analytics across various industries.

Top colleges offering Online MBA in Business Analytics include Chandigarh University, BITS Pilani, University of Illinois Chicago, and East Tennessee State University. This program equips individuals with the necessary skills to excel in the dynamic field of business analytics, providing ample job opportunities and a pathway to a successful career in data-driven decision-making.

Online MBA in Business Analytics Course Details

Here are the highlights in a table format for an online MBA in Business Analytics in India:

Course Name Online MBA in Business Analytics
Duration 2 years
Level Postgraduate
Mode Online
Eligibility Criteria Bachelor's degree in any discipline with a minimum aggregate score (usually around 50%)
Admission Process Entrance exam scores (e.g., CAT, MAT, GMAT), followed by group discussions and personal interviews
Average Annual Fees INR 2,00,000 - INR 8,00,000
Average Annual Salary INR 5,00,000 - INR 15,00,000
Employment Areas Consulting firms, Financial institutions, E-commerce companies, IT firms, Manufacturing companies, Healthcare organizations
Job Roles Data Analyst, Business Intelligence Manager, Data Scientist, Analytics Consultant, Operations Analyst, Market Research Analyst
Top Recruiters Accenture, Deloitte, Amazon, Google, IBM, Infosys, TCS, Cognizant, Genpact, HCL Technologies

Why Study Online MBA in Business Analytics?

There are several reasons why pursuing an online MBA in business analytics can be beneficial:

  1. Business analytics has become increasingly important in today's data-driven business world. Organizations across industries are seeking professionals who can effectively analyze and interpret data to drive strategic decisions. By specializing in business analytics, you position yourself to meet the growing demand for skilled professionals in this field.

  2. Completing an online MBA with a focus on business analytics can open up a wide range of career opportunities. You can pursue roles such as data analyst, business intelligence manager, data scientist, or analytics consultant. These positions often come with competitive salaries and strong growth potential.

  3. An online MBA program with a specialization in business analytics equips you with a combination of business management skills and analytical expertise. This combination is highly valuable in today's job market. You will gain a solid understanding of business functions, strategic thinking, leadership skills, and the ability to leverage data effectively to drive business outcomes.

  4. Online MBA programs offer the flexibility to study at your own pace and from any location. This is particularly beneficial if you are working or have other commitments that make it challenging to attend traditional on-campus programs. You can balance your studies with your professional and personal life, making it easier to pursue an advanced degree.

  5. Online MBA programs often provide networking opportunities through virtual events, discussion forums, and collaboration with classmates from diverse professional backgrounds. Building connections with professionals in the field can enhance your learning experience and potentially lead to job opportunities or collaborations in the future.

  6. Online MBA programs typically offer a variety of resources, including online libraries, databases, and virtual learning platforms. These resources provide access to industry-leading research, case studies, and tools that can enhance your learning and analytical skills.

  7. Overall, an online MBA in business analytics provides a unique combination of business acumen and analytical expertise, preparing you for a successful career in a data-driven business environment.

Online MBA in Business Analytics Eligibility Criteria

The eligibility criteria for an Online MBA in Business Analytics can vary depending on the specific institution offering the program. However, here are some common eligibility criteria that are often required:

  1. To be eligible for an online MBA in business analytics, applicants must hold a bachelor's degree or equivalent qualification from a recognized university or institution. The degree can be in any discipline, showcasing the program's interdisciplinary nature.

  2. While prior work experience is not mandatory, it is highly valued and can enhance an applicant's profile. The program encourages individuals with diverse professional backgrounds, including business, technology, finance, marketing, or operations, to apply.

  3. As business analytics involves working with data and quantitative methods, applicants should demonstrate a strong aptitude for mathematics, statistics, and analytical thinking. This can be assessed through academic transcripts, standardized test scores, or additional quantitative proficiency exams.

  4. Business analytics requires individuals who can effectively identify and solve complex business problems using data-driven approaches. Admissions committees often evaluate applicants based on their problem-solving abilities, which can be showcased through essays, case interviews, or recommendation letters.

  5. Effective communication is crucial for business analytics professionals to convey insights and recommendations to stakeholders. Applicants may be assessed for their written and oral communication skills, which can be demonstrated through application essays, interviews, or presentations.

  6. Proficiency in technology and data analysis tools is essential for business analytics. Applicants with prior experience or knowledge in programming languages, data manipulation, visualization tools, or statistical software may have an advantage during the admission process.

Online MBA in Business Analytics Admission Process

The admission process for an Online MBA in Business Analytics can vary depending on the institution offering the program. However, here is a general outline of the typical admission process:

  1. Preliminary Assessment: Interested candidates begin the admission process by submitting an initial online form, which includes basic personal information and educational background. This step allows the institution to conduct an initial assessment of the candidate's eligibility for the program.

  2. Qualification Evaluation: The institution reviews the candidate's academic qualifications, considering factors such as the reputation of the previous institution attended, performance in relevant coursework, and any additional certifications or professional qualifications. This evaluation helps gauge the candidate's readiness for advanced business and analytics studies.

  3. Statement of Purpose and Essays: Candidates are required to submit a statement of purpose (SOP) and essays that highlight their motivations, career goals, and specific interest in business analytics. This allows the admissions committee to assess the candidate's alignment with the program's objectives and their ability to articulate their aspirations.

  4. Letters of Recommendation: Applicants are typically asked to provide letters of recommendation from professional or academic references who can attest to their skills, work ethic, and potential for success in the program. These letters provide valuable insights into the candidate's abilities and character.

  5. Admission Test (if applicable): Some institutions may require candidates to take an institution-specific admission test, which assesses their aptitude for business analytics. This test may cover areas such as analytical thinking, problem-solving, logical reasoning, and quantitative abilities.

  6. Personal Interview: Shortlisted candidates are invited for a personal interview, which can be conducted online through video conferencing. The interview serves as an opportunity for the admissions committee to delve deeper into the candidate's background, motivations, and suitability for the program. It may also involve case-based discussions or scenario-based questions to evaluate the candidate's analytical and critical thinking skills.

  7. Final Decision and Offer: Based on a holistic evaluation of the candidate's application, including academic qualifications, essays, letters of recommendation, admission test (if applicable), and personal interview, the admissions committee makes the final decision. Successful candidates receive an offer of admission, detailing the next steps and any conditions to be fulfilled.

  8. Acceptance and Enrollment: Upon receiving the offer of admission, candidates have a specified period to accept the offer and secure their enrollment. This involves paying the required fees, submitting necessary documents, and completing any additional formalities specified by the institution.

Online MBA in Business Analytics Selection Process

The selection process for an online MBA in Business Analytics typically involves several steps. It begins with the submission of an online application, including personal and educational details, along with supporting documents such as transcripts and letters of recommendation. Some institutions may require applicants to take entrance exams like CATMAT, or GMAT, which assess quantitative, verbal, and logical reasoning skills. Shortlisted candidates may then be invited for a personal interview, conducted either in person or through video conferencing, to evaluate their communication skills, motivation, and fit for the program. Additionally, the selection process may include a review of the candidate's statement of purpose, essays, and work experience, if applicable. The admissions committee carefully considers all aspects of the application, including academic performance, entrance exam scores, interview performance, and overall profile, before making the final decision regarding admission offers.

Online MBA in Business Analytics Course Comparison

Here is a comparison between an Online MBA in Business Analytics and Online Master's in Data Science course:

Course Name Online MBA in Business Analytics Online Master's in Data Science
Overview of the Course Integrates business management principles with a focus on data analysis, statistics, and quantitative methods to support strategic decision-making within organizations. Focuses on the technical and analytical aspects of handling and interpreting large datasets, using tools and techniques to extract meaningful insights and patterns.
Duration 2 years 1-2 years
Level Postgraduate Postgraduate
Mode Online Online
Eligibility Criteria Bachelor's degree in any discipline with a minimum aggregate score (usually around 50%) Bachelor's degree in a relevant field (such as computer science, mathematics, or statistics) with a minimum aggregate score (usually around 50%) and programming knowledge.
Admission Process Entrance exam scores (e.g., CAT, MAT, GMAT), followed by group discussions and personal interviews Application review, which may include academic transcripts, statement of purpose, letters of recommendation, and sometimes interviews or technical assessments.
Average Annual Fees INR 2,00,000 - INR 8,00,000 INR 1,00,000 - INR 6,00,000
Average Annual Salary INR 5,00,000 - INR 15,00,000 INR 6,00,000 - INR 20,00,000
Employment Areas Consulting firms, Financial institutions, E-commerce companies, IT firms, Manufacturing companies, Healthcare organizations Technology companies, Financial institutions, Healthcare organizations, E-commerce companies, Research institutions
Job Roles Data Analyst, Business Intelligence Manager, Data Scientist, Analytics Consultant, Operations Analyst, Market Research Analyst Data Scientist, Data Engineer, Machine Learning Engineer, Data Analyst, Data Architect, Business Analyst
Top Recruiters Accenture, Deloitte, Amazon, Google, IBM, Infosys, TCS, Cognizant, Genpact, HCL Technologies Microsoft, Amazon, Google, IBM, Facebook, Apple, Accenture, Deloitte, Capgemini

Online MBA in Business Analytics Top Colleges & Fees

Here is a list of top colleges in India offering Online MBA in Business Analytics along with their average annual fees, presented in a table format:

College Name Average Annual Fees (INR)
Indian School of Business (ISB) 10,00,000 - 15,00,000
S.P. Jain Institute of Management and Research 3,00,000 - 5,00,000
Great Lakes Institute of Management 3,00,000 - 4,00,000
NMIMS Global Access School for Continuing Education 2,00,000 - 2,50,000
IMT Online 2,50,000 - 3,00,000
Narsee Monjee Institute of Management Studies (NMIMS) 2,00,000 - 2,50,000
Amity University 1,50,000 - 2,00,000
ICFAI University 1,00,000 - 1,50,000
Welingkar Institute of Management Development and Research 80,000 - 1,00,000
Symbiosis Centre for Distance Learning (SCDL) 60,000 - 80,000

Online MBA in Business Analytics Job and placements

An Online MBA in Business Analytics prepares graduates for a wide range of job opportunities and offers promising placements. With the increasing demand for professionals who can effectively analyze data and drive strategic decisions, graduates of this program are well-positioned in the job market. They can pursue roles such as Data Analysts, Business Intelligence Managers, Data Scientists, Analytics Consultants, Operations Analysts, and Market Research Analysts.

Placements for Online MBA in Business Analytics graduates are often robust, with a variety of employment areas to explore. They can find opportunities in consulting firms, financial institutions, e-commerce companies, IT firms, manufacturing companies, healthcare organizations, and more. These organizations value the ability to harness data for business insights and competitive advantage, making business analytics professionals highly sought after.

Job roles and average annual salary for Online MBA in Business Analytics

Here is a table showcasing job roles and average annual salaries for Online MBA in Business Analytics graduates:

Job Role Average Annual Salary (INR)
Data Analyst 5,00,000 - 10,00,000
Business Intelligence Manager 8,00,000 - 15,00,000
Data Scientist 10,00,000 - 20,00,000
Analytics Consultant 6,00,000 - 12,00,000
Operations Analyst 5,00,000 - 10,00,000
Market Research Analyst 4,00,000 - 8,00,000
Employment areas and top recruiters for Online MBA in Business Analytics 

Here is the information about employment areas and top recruiters for Online MBA in Business Analytics graduates in a table format:

Employment Areas Top Recruiters
Consulting firms Accenture, Deloitte, KPMG, PwC, Bain & Company, McKinsey & Company
Financial institutions JPMorgan Chase, Goldman Sachs, Citigroup, Morgan Stanley, HSBC
E-commerce companies Amazon, Flipkart, Alibaba Group, eBay, Paytm
IT firms Google, Microsoft, IBM, Oracle, Infosys, TCS
Manufacturing companies General Electric, Procter & Gamble, 3M, Siemens, Samsung
Healthcare organizations Johnson & Johnson, Pfizer, Medtronic, Cigna, UnitedHealth Group
Market research firms Nielsen, Ipsos, Kantar, GfK, MarketResearch.com

Online MBA in Business Analytics Career & Scope

The scope for an Online MBA in Business Analytics is highly promising and expansive. With the increasing reliance on data-driven decision-making in today's business landscape, professionals equipped with a combination of business acumen and analytical skills are in high demand. The program prepares graduates to excel in roles such as Data Analysts, Business Intelligence Managers, Data Scientists, Analytics Consultants, and more. The scope extends across diverse industries, including consulting firms, financial institutions, e-commerce companies, IT firms, healthcare organizations, and manufacturing companies. As businesses recognize the value of leveraging data for strategic insights, the demand for business analytics professionals continues to grow. With a wide range of job opportunities and the potential for career growth, an Online MBA in Business Analytics offers a strong foundation for a successful and rewarding career in the evolving field of data-driven business.

Career opportunities after the course Online MBA in Business Analytics 

Career opportunities after completing an Online MBA in Business Analytics include:

  1. Data Analyst
  2. Business Intelligence Manager
  3. Data Scientist
  4. Analytics Consultant
  5. Operations Analyst
  6. Market Research Analyst
  7. Financial Analyst
  8. Risk Analyst
  9. Supply Chain Analyst
  10. Marketing Analyst
Scope for higher studies after the course Online MBA in Business Analytics 

Scope for higher studies after completing an Online MBA in Business Analytics includes:

  1. Ph.D. in Business Analytics or a related field.
  2. Executive MBA (EMBA) programs for professionals seeking advanced leadership and management skills.
  3. Specialized certifications in specific areas of business analytics, such as machine learning, big data analytics, or data visualization.
  4. Master's programs in a specialized area within business analytics, such as marketing analytics, financial analytics, or healthcare analytics.
  5. Professional development courses and workshops to stay updated with emerging trends and technologies in the field of business analytics.
Skills that make you a good employee after the course Online MBA in Business Analytics 

Skills that make you a good employee after completing an Online MBA in Business Analytics include:

  1. Data Analysis
  2. Business Acumen
  3. Problem-Solving
  4. Communication
  5. Technical Proficiency
  6. Critical Thinking
  7. Adaptability
  8. Collaboration
  9. Leadership
  10. Ethical Conduct

FAQs Related to Online MBA in Business Analytics

Q: What is an Online MBA in Business Analytics?

A: An Online MBA in Business Analytics is a graduate degree program that combines business education with a focus on data analysis, statistics, and quantitative methods to support strategic decision-making within organizations.

Q: What are the eligibility criteria for an Online MBA in Business Analytics?

A: Eligibility criteria typically include a bachelor's degree in any discipline with a minimum aggregate score, and sometimes work experience and entrance exam scores may also be required.

Q: How long does it take to complete an Online MBA in Business Analytics?

A: The duration of an Online MBA in Business Analytics is typically 2 years, but it can vary depending on the program and the student's pace of study.

Q: What career opportunities are available after completing an Online MBA in Business Analytics?

A: Graduates can pursue various roles such as Data Analysts, Business Intelligence Managers, Data Scientists, Analytics Consultants, and Market Research Analysts across industries like consulting, finance, e-commerce, IT, and more.

Q: What are the average annual fees for an Online MBA in Business Analytics?

A: The average annual fees can range from INR 2,00,000 to INR 8,00,000, depending on the institution and program.

Q: What is the average annual salary after completing an Online MBA in Business Analytics?

A: The average annual salary for Online MBA in Business Analytics graduates in India can range from INR 5,00,000 to INR 15,00,000 or more, depending on factors like experience, industry, and job role.

Q: Are there any specific employment areas for Online MBA in Business Analytics graduates?

A: Employment areas can include consulting firms, financial institutions, e-commerce companies, IT firms, healthcare organizations, and manufacturing companies, among others.

Q: What are the top recruiters for Online MBA in Business Analytics graduates?

A: Top recruiters can include Accenture, Deloitte, Amazon, Google, IBM, Infosys, TCS, Cognizant, and Genpact, among others.

Q: Can I pursue higher studies after an Online MBA in Business Analytics?

A: Yes, options for higher studies include pursuing a Ph.D. in Business Analytics, specialized certifications, executive MBA programs, or master's programs in specialized areas within business analytics.

Q: Is an Online MBA in Business Analytics respected by employers?

A: Yes, an MBA in Business Analytics online is valued by bosses as it teaches grads a good mix of business skills and data knowledge, which is very important in today's data-focused business world.

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