MBA In Data Science: Syllabus, Colleges, Salary And Fees

  • By Bhavya Thakkar
  • 6 October 2022
MBA In Data Science

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An Overview

Data Science is a relatively new career that is continually evolving. However, it is rapidly expanding due to the massive amount of data collected every day around the world. As a result, there is a greater demand for data science employees.

Previously, technical professional responsibilities in the industry, such as Data Architects, Data Engineers, Data Scientists, and Data Analysts, were in high demand. However, as the sector expands, so does the demand for better management. Management responsibilities in data science are intended to improve the efficiency of any organisation's data science department.

What Is An MBA in Data Science Program?

MBA in Data Science is a program that trains professionals in both analytics and business management. An MBA in Data Science course provides students with essential knowledge of the technical data science subject as well as practice management and business analytics knowledge.

Data science has become an integral part of our daily lives. As a result, the majority of online firms today are heavily data-driven. However, simply leveraging data science to grow a corporation is insufficient. You must understand how to profit from data science. This is why MBA graduates with business and marketing backgrounds are required to make the most of Data Science. However, because data science is a highly technical subject, MBA graduates must also have this technical knowledge to be productive. As a result, specialists have developed an MBA in Data Science program that focuses on the topic of Data Science.

Fees And Duration Of An MBA In Data Science

MBA appears to be one of India's most expensive courses. However, the introduction of online education has proven to be a godsend for many who were previously unable to pursue an MBA due to prohibitively high prices. This is because institutions are now offering incredibly affordable online MBA degrees in a variety of specialisations. 

MBA In Data Science Eligibility 

MBA in Data Science eligibility is relatively simple because the program is created in such a way that those with non-technical backgrounds can pursue it. The course covers the fundamentals of advanced study of both technical and management courses, ensuring that students are not at a disadvantage.

The following individuals are eligible for the program:

  • The candidate must have received at least 50% or equivalent in the qualifying 10+2+3 exams.
  • The candidate must have a three-year undergraduate degree in any discipline from a UGC-recognized university.
  • Candidates in the last semester of their undergraduate studies are also eligible to apply for the course.

The prerequisites listed above are only the bare minimum. As a result, candidates with a background in information technology/computer science or working professionals in the IT field have an advantage and are typically chosen for admission. This is because an online MBA in Data Science differs from a general MBA in that the specialisation of Data Science also makes it a technical education.

MBA In Data Science Career Prospects

As the MBA in Data Science is still in its early stages, few institutes in India offer it. However, the MBA course's potential is enormous, as seen by the course's expanding popularity. As a result, it is projected that many more universities will offer the MBA in Data Science degree shortly. The MBA in Data Science is becoming increasingly popular, particularly among young IT professionals, and for good reason. Pursuing an MBA after completing a B.Tech degree has grown increasingly popular in recent years. Engineers see a lot of opportunities in management positions. They must, however, abandon their technical background and enter the management and business environments. Engineers can now pursue the coveted MBA degree while not wasting their experience and tech skills in MBA, thanks to the MBA in Data Science. In reality, their technical knowledge and experience provide them with an advantage over non-technical individuals.

If you are wondering about the career prospects and future scope of data science, you should know that it is now one of the top industries in the world in terms of career and work opportunities. And this trend will undoubtedly continue because Data Science is still in its early stages and has a long way to go. Every business or organisation that works with digital data requires data science expertise. And, as data volumes grow exponentially, data science divisions at these companies are growing as well. People are becoming increasingly reliant on data science to make their lives easier. As a result, there is a need to use data science wisely and creatively for the advantage of the business, which may be accomplished by management graduates who also have technical knowledge of the data science field. As a result, studying an online MBA in Data Science will provide you with a comfortable, long, and secure job.

Wrapping Up

MBA programs in any field are among the most popular in the world. This is due to the fantastic job opportunities that come with an MBA degree. The online MBA in Data Science is no different. You simply need to find the correct spot for help. This is when picking the correct online college becomes critical. There are the finest online MBA colleges that are solely concerned with the academic development of their students. Other colleges, on the other hand, focus on the overall development of their students in both academic and practical aspects. They support them not only intellectually, but also with their professional goals by providing placement assistance.

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  • Is it good to do an MBA in data science in India?

Students who are interested in pursuing professions in the field of big data should strongly consider earning an MBA in Data Science. Students that participate in the competition have the chance to land jobs as data scientists, data analysts and in e-commerce and insurance organisations.

  • Which MBA is best for data science?

You can pursue an MBA in Data Science from a reputed institute.

  • What is the MBA in data science salary?

The average annual salary for graduates of a Master of Business Administration in Data Analytics program in India is close to 6 lakh rupees. The MBA pay ranges from approximately Rs 10 to18 LPA in Tier 1 colleges, Rs 10 to 20 LPA in Tier 2 colleges, and Rs 5 to7 LPA in Tier 3 colleges. However, this varies from institute to institute.

  • Is it worth pursuing an MBA after engineering?

Yes, an MBA after engineering is a lucrative professional path. It provides access to top-tier internships and the finest managerial jobs. When compared to other academic backgrounds, a degree in management and engineering greatly increases your chances of landing work with large worldwide brands.

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