MBA In Business Analytics : Careers, Market Trend, Growth, Salary & Top B-Schools

MBA in Business Analytics is two years a postgraduate course that enables students to define business and social challenges, use analytical tools and techniques to identify patterns, gain insights, develop business strategies and make sound management decisions. Business analytics is used by companies for making data-driven decisions, whereas it is a study of data through statistical and operations analysis, the formation of predictive models, applications used for optimizing techniques, etc. Here in this article, we will discuss on the Market Growth and Trends, Career Growth, Course Content, Jobs after MBA in Business Analytics, Salary, top companies, and top colleges that offer MBA in Business Analytics.

Market Growth and Trends

The top recruiting areas of MBA in Business Analytics are Colleges & Universities, MNC’s, and Telecom Companies. Apart from this, industries of Financial Services, Retail, Manufacturing, oil & gas, and social media also hire the postgraduates of MBA in Business Analytics. The role of the Business Analyst and Data Scientist will expand a lot by 2020. Candidates of MBA in Business Analytics expand their career to Descriptive Analysis, Predictive Analysis, Prescriptive Analysis, etc.

Business Analytics is highly used for companies for data-driven decision marketing. The postgraduates can secure jobs as Business Analyst, Business Analyst Industry Expert, Business Analyst Project Manager, Data Analyst, Big Data Analyst, Data Warehousing Expert, etc. Generally, a company uses three kinds of Business Analytics such as Descriptive Analysis, Predictive Analysis, Prescriptive Analysis, etc. MBA in Business Analytics provides the candidates an opportunity for exploring all avenues to provide data-driven growth.

Career Growth In Business Analytics

Postgraduates in MBA in Business Analytics can avail their jobs as Business Analyst, Business Analyst Industry Expert, Business Analyst Project Manager, Data Analyst, Big Data Analyst, Data Warehousing Expert, Business Intelligence Expert, and Data Mining Expert, etc. The industries of Retail, Financial Sector, Healthcare, and Social Media also offer jobs for MBA in Business Analytics.

Also, students can go for higher studies in Business Analytics. It is a multidisciplinary degree and includes training in technical skills, business fundamentals, management practices, leadership, and communication, etc. As per the report and statistics, 1.5 million analysts and managers trained to leverage analytics to make data-driven business decisions.

Course Content

MBA in Business Analytics deals with important subjects such as Quantitative Methods, Management Information Systems, Marketing Management, Statistical Analysis, Computational Methods, etc. The important areas are Applied Statistics, Social and Web Analytics, Business Analytics Application, Industry Applications of Analytics, Applied Business Intelligence, Legal Aspects of Business, etc.

Jobs after MBA in Business Analytics

The respective jobs are offered for a postgraduate in Business Analytics are

Business Analyst
Quantitative Analyst
Marketing Research Analyst
Big Data Analyst
Data Mining Expert

Salary*

The average salary varies from Rs. 3 Lakhs to Rs. 10 lakhs per year. The salary range differs as per positions. Here we are providing a salary chart for different designations under MBA in Business Analytics:

Career	Median Annual Salary*
Marketing Manager	INR 9.77 lakhs
Financial Analyst	INR 5 lakhs
Financial Examiner	INR 6.62 lakhs
Management Analyst	INR 7.95 Lakhs
Personal Finance Advisor	INR 4.18 Lakhs

Source: glassdoor.co.in

Top Companies Hiring MBA Business Analytics Profiles

The main recruitment areas for the post-graduation in the subject are Colleges & Universities, MNC’s, and Telecom Companies. The top companies are Amazon, Dell, Eureka Forbes, Flipkart, Motorola, Oberai, Bank of Scotland, Verizon, etc.