Top MBA Business Analytics Syllabus is a Mixture 2 Main Approaches to Study Which are Theoretical and Practical
MBA Business Analytics Syllabus
The 2 years course is divided into 4 semesters. The MBA Business Analytics Syllabus consists of various MBA Business Analytics subjects like Statistical Analysis, Business Intelligence, etc.
Throughout the entire course duration, students need several industry visits as well. MBA Business Analytics Syllabus is a mixture of both theoretical and practical approaches to studying.
A semester-wise detailed MBA Business Analytics Syllabus is given below:
| Semester 1 | Semester 2 |
|---|---|
| Quantitative Methods | Financial Management |
| Managerial Economics | Operations Management |
| Management Information Systems | Human Resource Management |
| Financial Accounting | Financial Analytics |
| Marketing Management | Optimization Analytics |
| Organizational Behaviour | Stochastic Modeling |
| Statistical Analysis | Business Intelligence |
| Data Modeling | Research Methods |
| Computational Methods | Managerial Communication |
| Semester 3 | Semester 4 |
| Predictive Analytics | Strategic Management |
| Risk Management | Operations and Supply Chain Analytics |
| Marketing Analysis | HR Analytics |
| Data Mining | Big Data Analytics |
| Simulation Modeling | Ethical and Legal Aspects of Analytics |
| Analytics Systems Analysis & Design | Project Management |
| Industry Internship Programme | Professional Development |
| – | Elective Paper |
| – | Analytics Capstone Project |
Course Comparison
The following table holds the comparison made between MBA Business Analytics vs MS in Business Analytics on major parameters:
| Parameters | MBA Business Analytics | MS in Business Analytics |
|---|---|---|
| Qualification | Master of Business Administration in Business Analytics | Master of Business Administration in Finance |
| Course Overview | The field focuses on technical and business domains which aim to deal with technology and data-driven environments. It follows a business and industry approach to study. | The field deals with management and business subjects as well as provides training in financial management. |
| Eligibility | Graduation with a minimum of 50% from a recognized university. | Bachelor’s degree from a recognized college. |
| Admission | Entrance-based | Merit + Entrance Exams |
| Average Annual Fee | INR 5- 15 LPA | INR 5-10 lakhs |
| Average Salary | INR 8- 16 LPA | INR 6- 12 LPA |
| Colleges | NIT Trichy, Lovely Professional University, Amity University, IFMR Graduate School of Business | Chennai Mathematical Institute, Christ University – Bangalore, VIT Vellore, Fergusson College Pune, etc |
MBA Business Analytics Jobs and Career Options
Successful postgraduates can secure jobs as Business Analysts, Business Analysts Project Managers, Data Analysts, Business Intelligence experts, Data Mining experts, etc.
Industries such as Financial Services, Retail, Manufacturing, Healthcare, Oil and Gas, Social Media, and Gaming, will also offer employment to candidates.
Some of the well-known employers are Accenture, HP, IBM, Cognizant, Tata Consultancy Services, American Express, and so on
The following table gives a list of the MBA Business Analytics jobs and their average salary offered in MBA Business Analytics
| Job Profile | Job Description | Average Salary in INR |
|---|---|---|
| Data Scientist | Utilize the analytical, statistical, and data niche to collect, organize and solve complex problems of businesses | 15 LPA |
| Statistician | Use theoretical or applied statistics to collect, organize, and summarise data to give useful information | 10 LPA |
| Market Research Analyst | Their aim is to help a company’s profits grow by using what data is available. | 8 LPA |
| Quantitative Analyst | Strategize to help maximize the efficiency of trade stocks | 9 LPA |
| Project Manager | They help manage projects and project objectives including budgets, costs, goals, etc. | 12 LPA |
| Data Mining Expert | These experts are responsible for building, deploying, and maintaining data support tools, and database file/ table creation | 6 LPA |
| Business Analyst | They examine data and documents to understand consumer needs or to fulfill the internal needs of the organization. They make complex data comprehensible. | 11 LPA |
MBA Business Analytics Scope
The world of Business Analytics usually revolves around ‘Big Data’ and pursuing a career in this field can offer you a number of opportunities. It is predicted that by the end of the year 2022, 40 Zettabytes of data will be in existence leading to a shot in career opportunities for both Business analysts and Data Scientists. MBA Business Analytics might take your career to:
- Descriptive Analysis: In the descriptive analysis, you would be assigned to get a thorough insight into ways to apply data to understand and find solutions to past and future business situations.
- Predictive Analysis: Predictive analysis involves the analysis of the business performance of your organization in the past.
- Prescriptive Analysis: Here, you explore and sort out optimization procedures to ensure stronger productivity and other factors. This leads to better returns for the company.
After having an MBA Business Analytics degree, a student can go for higher studies as well. They can pursue M.Phil or Ph.D. courses in management to not only get a better grip on the subject but also for sample research opportunities.