Online MBA Courses in Business Analytics

An online MBA in Business Analytics course equips students with the skills to analyze trends, patterns, and other insights, improving their strategic planning abilities. This program helps professionals meet organizational goals by optimizing and enhancing available resources. While ideal for individuals with an IT background, it is also suitable for those passionate about data and business analytics.

This two-year comprehensive online MBA in Business Analytics program helps aspirants deal with subjects that involve refining, collecting, and sorting data gathered for business purposes.

Experts in this field have designed a Business Analytics MBA course to teach students everything about working with data and fully utilizing it. 

During this 24-month course, the aspiring professionals will study 26 subjects divided into four semesters. Each semester will consist of six weeks and have a total number of credits the students must acquire to pass.

There are different modes of study available if one is looking to pursue a degree in MBA Business Analytics:

• Full-time Study: This is the most common mode of pursuing an MBA degree, and it is perfect for students who have the time to attend regular classes and study for the course.
• Online Study: This program mode was created for working professionals who need help visiting college daily. It provides multiple live classes, assignments, project work, and examinations that make the learners future-ready.
• Distance Study: This program is where students study in a hybrid mode. They might have to come to the educational institution during weekends. The aspirants are allowed to study at their convenience.
• Part-Time Study: Classes in this program occur on weekends or evenings. This mode of study is appropriate for employees who can attend college and manage their office while pursuing an MBA in Business Analytics.

With the ever-changing business landscape, pursuing an online MBA in Business Analytics can help one become a driving force for any organization. Here are some of the benefits one can get with the course:

• Career Opportunities: Aspirants will have multiple career paths after completing this degree. The knowledge students acquire in analyzing and working with data can help them pursue dynamic career paths.
• Hands-On Experience: This course will help students understand standard industry procedures by providing real-life experience through internships, practical project work, and visits to relevant companies.
• Increasing creativity: The aspirants can creatively solve organizational problems after completing this degree program.
• Opportunities to Form Connections: Students come from India and abroad to study this degree program, build their networks, and learn to socialize with multiple cultures.

The Online MBA in Business Analytics syllabus aims to provide students with a comprehensive idea of managing an organization using data and their analysis skills. 

First-Year MBA Business Analytics Syllabus

During the first year of the MBA in Business Analytics degree program, the aspirants must opt for 12 papers divided between the two semesters. Each semester lasts six weeks, and each paper requires four credit points to pass.

Semester 1 Subjects 

• Management Process and Organizational Behavior
• Fundamentals of Statistics for Business Decision
• Managerial Economics
• Financial Accounting
• Business Communication
• Indian Economy and Business Environment

Semester 2 Subjects 

• Human Resource Management
• Marketing Management
• Computer Applications in Management
• Business Research Methods
• Financial Management
• Production and Operations Management

Second-Year MBA Business Analytics Syllabus 

During the second year of the MBA in Business Analytics degree program, students will opt for 14 papers divided between the two semesters. Each semester has a duration of six weeks, and each paper consists of 4 credit points that are needed to pass.

Semester 3 Subjects 

• Strategic Management
• Summer Training / Project Work
• Optimization Models for Business Decisions
• Fundamentals of Econometrics
• Business Analysis using Excel
• Decision Modelling and Data Analysis
• Data Mining and Data Warehousing

Semester 4 Subjects 

• Business Ethics and Corporate Governance
• Comprehensive Viva - Voce
• Entrepreneurship Development
• Applied Multivariate Analysis
• Time Series Data Analysis
• Predictive Analysis for Business Decision
• Financial Modelling

MBA Business Analytic Elective Subjects

• Healthcare Analytics
• Telemedicine and Health Informatics
• Pharmaceutical Management
• Health Insurance and Managed Care
• Patient Care Management

To acquire an MBA in Business Analytics, one must meet eligibility criteria that will allow them to be admitted to a reputed college.

MBA Eligibility Criteria for Indian Students

• Bachelor’s Degree: Must have finished a Bachelor’s degree with at least 50% marks in aggregate from a recognized institute. Some colleges may require a higher minimum cut-off mark.
• Reserved Categories: Students from SC/ST/OBC categories are qualified for relaxation and usually require a minimum of 45% marks in graduation.
• Stream: Candidates must complete graduation from any stream before applying for an MBA in Business Analytics.
• Entrance Exams: Valid scores in national-level MBA entrance exams, such as CAT, MAT, CMAT, etc., are required for admission.
• Work Experience: Working professionals who meet the above criteria can apply and must submit work background details with the form.

MBA Eligibility Criteria for Foreign Students

For Foreign Students:

• Bachelor’s Degree: Must have an equivalent Bachelor’s degree from a recognized institution.
• English Proficiency: Proof of English proficiency (IELTS/TOEFL scores).
• Entrance Exams: Valid GMAT or GRE scores (if applicable).
• Application Materials: Must provide a Statement of Purpose and Letters of Recommendation.

The fee structure varies based on the institution and the mode of study (online or offline).

• Indian Students: Fees, including registration fees, range from INR 83,000 to 90,000.
• Foreign Students: Fees range from INR 1,82,500 to 2,00,000.

The online MBA in Business Analytics admission process is easy and quick. Here’s how to gain admission to the best colleges for an MBA in Business Analytics degree courses:

• The first step is to register on the college's official website.
• Paying the registration fees is essential after this step.
• The aspiring student must fill out the application form for the relevant course in the next step and pay the required amount for admission and the appropriate documents.
• The university will review the student's application, and once it has been accepted, the student will receive a confirmation mail.

For admission to these online MBA programs, most colleges do not demand an entrance exam score. However, the student may have to pass one of these tests to get admitted to some of the universities. Popular entrance exams include:

• CMAT (Common Management Admission Test)
• CAT (Common Admission Test)
• XAT (Xavier Aptitude Test)
• IBSAT (ICFAI Business School Aptitude Test)
• MAH MBA CET (Maharashtra MBA Common Entrance Test)
• SNAP (Symbiosis National Aptitude Test)
• MAT (Management Aptitude Test)
• NMAT (NMIMS Management Aptitude Test)
• CBT (Computer-based Test)
• PBT (Paper-based Test)
• IBT (Internet-based Test), etc. 

Completing an Online MBA in Business Analytics opens up various job opportunities in multiple industries. Here are some of the prominent roles:

• Data Analyst: Analyze data to help companies make informed business decisions.
• Big Data Analyst: Work with large datasets to uncover trends and insights.
• Supply Chain Analyst: Optimize supply chain operations using data analytics.
• Predictive Modeler: Create models to predict future business trends.
• Business Analyst: Bridge the gap between IT and business to improve processes.
• Manager of Business Analytics: Oversee the analytics team and strategy.

Here are a few of the leading companies that hire people in the business analytics domain:

• Deloitte 
• KPMG
• BCG
• Accenture 
• McKinsey and Company
• HCL
• Reliance
• Wipro
• Morgan Stanley

India is home to many reputable institutions that offer complete MBA programs in Business Analytics. These colleges are recognized for their academic excellence, faculty, state-of-the-art infrastructure, and strong connections. They ensure that graduates are well-prepared for successful careers in Business Analytics.

Top Private Colleges for Online MBA in Business Analytics

Here is a list of private colleges for pursuing an Online MBA in Business Analytics:

• Dr MGR Educational and Research Institute 
• Jain University
• Suresh Gyan Vihar University 
• O.P. Jindal Group
• DY Patil University

Top Government Colleges for an Online MBA in Business Analytics

Here is a list of government colleges for completing MBA in Business Analytics course:

• Andhra University
• BDU

When it comes to the MBA degree in Business Analytics, one can choose from a wide range of opportunities. Since this field of work is dynamic, one would feel accessible and able to find a better prospect.

With social media's emergence and popularity, this position has become more critical for any business organization. The scope of this degree extends to various sectors, including finance, healthcare, marketing, and technology, offering opportunities for career advancement and specialization in business analytics.

An Online MBA in Business Analytics is mainly needed in the IT, telecom, finance, and retail sectors.

With an Online MBA in Business Analytics from India, many job roles become accessible. Whether it's predictive modeling, business intelligence, data mining, market research analysis, or product management, the versatility of skills opens doors to various fields. 

An unlimited number of prospects are available to professionals working in India with this specialization.

An Online MBA in Business Analytics can land a job abroad in finance, technology, healthcare, or consulting. The USA and Australia are some of the lucrative places where one can work. 

The finance, healthcare, and consulting sectors, as well as the IT, retail, and government sectors, offer exciting opportunities. In these roles, students will be entrusted with enhancing business operations through data analysis, significantly impacting the organization's success.

Since this is a very lucrative degree that is highly in demand in business organizations, an Online MBA in Business Analytics can earn a salary of around 7,00,000 INR annually. With more experience, a professional in this field can earn about 31 LPA in a year.

What is an MBA in Business Analytics?

It is a degree course that allows an aspirant to become a professional and expert in analytics. One will learn how to work with data, refine it, sort it, and collect it.

Why Study an MBA in Business Analytics?

An Online MBA in Business Analytics can help a person develop overall. Through real-life experiences during the course and highly interactive sessions, students can gain essential skills required in the market.

Are scholarships available for students pursuing an MBA in Business Analytics?

Yes. Various merit-based, need-based, and diversity scholarships are available for MBA in Business Analytics students. Check with individual universities and explore external scholarship programs for personalized guidance on specific opportunities.

What is the Scope after the MBA in Business Analytics Course?

The scope related to this course is very high. A professional in this field can earn a salary that ranges from 7L INR to 31L INR in a year. Furthermore, they will have various career options and never hit a dead-end regarding opportunities. 

Why study for an MBA in Business Analytics?

An Online MBA in Business Analytics equips students with the skills to make data-driven decisions and critical assets in a competitive business environment. It opens up diverse career opportunities and increases one’s ability to analyze complex data and derive meaningful insights.