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MBA in Business Analytics
The MBA in Business Analytics is an MBA degree with a concentration in analytics and is one of the most popular MBA specializations out there.
The curriculum covers data-focused topics like:
Social media analytics
Data mining for business analytics
Data science in markets
What can you do with an MBA in Business Analytics?
There is an abundance of job opportunities for data analytics graduates and employer demand is only increasing— the global data analytics market is expected to grow by 25 percent by 2030.
We are seeing a growing number of organizations who are keen to use data to make predictions and more informed decisions. From Microsoft to McKinsey, the vast numbers of companies employing business analytics graduates typically look to fill these key roles:
Business intelligence analyst
Big data analyst
Market research analyst
Scope of MBA in Business Analytics
MBA in Business Analytics is a two-year-long, postgraduate-level management education program. To be eligible for this program, you must have a Bachelor’s degree in any discipline with a minimum of 50% marks in the qualifying examination from a recognized college/university.
MBA in Business Analytics – Salary Packages for different job levels
Generally, freshers who enter in entry-level job roles like Data Analyst, Business Analyst, Big Data Analyst, and Market Researcher, to name a few, can earn a starting salary ranging between Rs. 2,50,000 – 5,00,000 LPA. The higher-end salaries are reserved for candidates hailing from reputed B-schools.
As for professionals who have gained around 5-8 years of industry experience, and have moved on to mid-level management roles, the salary package is anywhere between Rs. 7,00,000 – 15,00,000 LPA.
For senior-level professionals having around 10-15 years of work experience, the salary package becomes much higher. These professionals in managerial roles earn an annual package ranging between Rs. 18,00,000 – 30,00,000.
The salary packages according to the seniority could be higher as well depending on the experience, skillsets and the upskilling history. While entering a field, a company looks for skillsets and during promotions, companies look for upskilling history and experience, and for senior roles, overall qualities are being searched for. So one should always keep improving themselves regardless of the seniority level in order to keep moving upwards in their career path.
While numerous companies hire MBAs in Business Analytics, here are the top few: