Today, data is playing a vital role in our everyday lives. Industries are relying on data to generate revenue for their businesses. From brand managers to financial analysts, everybody seeks data related to their targeted customers. Almost every sector is now looking for experts who have a deep understanding of analytical tools and familiarity with data science concepts. Thus, an MBA in business analytics in India has emerged as a lucrative career option among students.
MBA in business analytics: Overview
MBA in business analytics is a two-year programme with an emphasis on Business Analytics. Students pursuing this course will learn to gather, integrate and analyse data with the help of statistics. With the knowledge gained in this programme, an MBA graduate in business analytics will be able to solve problems, improve productivity, and generate revenue.
MBA in Business Analytics focuses mainly on analytics. Analytics has become one of the most effective technical applications in the world. Perhaps, this unique specialisation of analytics helps students gain expertise needed to drive critical business decisions. Graduates of an MBA in business analytics learn acumen that is imperative for the discipline. The course curriculum deals with the core topics related to marketing intelligence and data visualisation, among others.
A report released by the E.Y. in 2019 reveals that there was a 50 percent rise in how companies plan to use analytics in decision-making at a broad level.
Pursuing an MBA in business analytics at top MBA colleges in Dehradun will help students make efficient decisions by analysing and sorting big data.
Are you eligible for this programme?
Candidates need to score a minimum of 50 percent marks in class 10th, 12th, and graduation to seek admission to MBA programs. After qualifying the education eligibility, they are required to crack any of these entrance exams- MAT, GMAT, NMAT, CAT, XAT, etc., to obtain a degree in MBA in business analytics.
Roles offered after completing MBA in Business Analytics
- Data analyst
- Data scientist
- Business intelligence analyst
- Market research analyst
Companies offering jobs for MBA graduates in Business Analytics
Some tech giants that offer these roles are TCS, Accenture, IBM, Deloitte, HP and many more.
A survey conducted by the Corporate Recruiters in 2019 reveals that 40 percent of the companies had planned to hire graduates for data analytics jobs in 2019. The demand for MBA graduates in business analytics is highest in Asia with 50 percent, followed by the United States at 40 percent and Europe at 36 percent.
There is a massive requirement of MBA graduates in data analytics to solve organisations’ difficult and complex problems. They are also expected to increase the revenue of the business by making calculative investment decisions.
You can also be one of those who earn a decent salary in this domain. So if you are looking for a financially lucrative career and want to embrace challenges, pursuing an MBA in business analytics from a reputed college in Dehradun, might be a good choice for you.