Top 10 MBA in Business Analytics Colleges in India 2022

An Introduction

MBA in Business Analytics is a two-year post-graduate programme offered by a number of top colleges for MBA in Business Analytics in India. The Master of Business Administration has various programs that focus on a variety of topics, including statistics, artificial intelligence, marketing, decision analysis, predictive modelling, and so on.

The MBA in Business Analytics programme teaches students how to use data analytics tools and how to use data insights to make strategic business decisions. The degree combines technical skills with basic concepts.

Therefore, finding the  best colleges for MBA in business analytics in India is critical. Read on to know more about the Master of Business Administration and the best colleges in India for MBA in business analytics!

Why acquire an MBA in Business Analytics?

An MBA in Business Analytics is currently one of the most sought-after degrees among management students and professionals across the nation.

The term Business Analytics consists of two separate words, namely Business and Analytics. Both terms are extremely significant. Analytic refers to the technologies, processes, and techniques that assist in transforming raw data into actionable information and knowledge that drives business decisions. In contrast,  the future scope of MBA in business analytics is bright as it facilitates business decision-making and improves organisational performance.

MBA in Business Analytics: Eligibility Requirements

The requirements for an MBA in Business Analytics may differ from one college to the next. However, the majority of colleges have the following criteria:

• Candidates must have graduated from a recognised university in any discipline.
• A minimum of 50% aggregate (45% for category candidates) must be obtained by the candidate.

ROI of Best Colleges for MBA in Business Analytics in India

By assessing the Return on Investment (ROI), one can evaluate the quality of an institute. The ROI is computed based on the fee paid by the students and the average placement package provided to them. 

Check out the table below for information on the best colleges in India for an MBA in business analytics, as well as the average course cost, tuition, and placement package:

College	Fees (in Rupees)	Average Placement Package (in Rupees)
IIM Calcutta	24 L	24.98 LPA
IIM Kashipur	12.26 L	12.04 LPA
KIIT School of Management	10.2 L	6 LPA
NIT Trichy	2.98 L	6.2 LPA
IIM Bangalore	23 L	28.98 LPA

Top 5 Recruiters for MBA in Business Analytics Graduates in India

Graduates with an MBA in Business Analytics are in a growing market. MBA in Business Analytics graduates can receive salaries between Rs 2.5 LPA and Rs 25 LPA. Below is a list of a handful of India's top companies that hire MBA in Business Analytics graduates and their placement ratings.

College	Placement Ratings	Top Recruiters
IIM Calcutta	4.7	BCG,  Gaja Capital, CITI, Barclays, Hindustan Unilever, Amazon, Nestle, TCS, ITC, Microsoft, P&G, Goldman Sachs
Great Lakes Institute of Management	3.9	Deloitte, Nestle, MakeMyTrip, EY, IDBI Bank, ITC, Z1, Media, Jaguar Group, TATA Steel, Blue Star
KIIT School of Management	3.9	HDFC Life, ITC Limited, Yes Bank, Dell,  Infoedge India Limited, Bajaj Finserv, Deloitte, Kellogg’s, Nilkamal, TCS, Asian Paints
NIT Trichy	4.3	Accenture, Genpact, HCL, Infosys, ICICI Bank, Affine, Deloitte, Federal Bank, Amazon, Reliance Digital, Flipkart
IIM Bangalore	4.8	IBM, Kearney PwC, Deloitte, E&Y, Amazon, KPMG, BCG, Infosys, TCS, Accenture, Arthur, Goldman Sachs

Which are the Entrance Exams For MBA in Business Analytics in India?

In India, the CAT and MAT are the most common entrance exams for Masters in Business Administration programmes. While scoring well on the CAT will help you gain admission to IIMs, KIIT School of Management, and IMT Ghaziabad, the MAT is your ticket to colleges such as Taxila Business School, Christ University, JIMS, etc.

The remaining colleges accept the CMAT, ATMA, XAT, KMAT, TSICET, MAH CET, UPSEE, SNAP, and NMAT, among others, for admission.

Salary of MBA in Business Analytics Graduates in India

Business Analyst has recently emerged as one of the greatest positions in the field of management. Entry-level salaries range between Rs 4.50 Lakhs and Rs 7.50 Lakhs per year.

Level of Experience	Job Title	Salary PA
Entry level	Business Analyst, Market Researcher,Big Data Analyst, etc	5 Lakhs (approx)
Mid level	Data Scientist, Predictive Modeller, Qualitative Analyst, etc.	14 (approx)
Senior level	Technical Team Leader, Lead Data Scientist, Big Data Manager, Project Manager, etc	25 (approx)

Following a few years as a Business Analyst, one can transition into the Subject Matter Expert (SME) role. After three to five years of work experience, one can advance to the IT Business Analyst / Senior / Chief Business Analyst or Product Manager position.

After eight to ten years of experience, somebody can take on the role of chief technology officer or function properly as a consultant for a salary of Rs 15 Lakhs per annum and above.

Conclusion

The job market for skilled Data Analysts is expanding due to high demand. Large and multinational corporations are always looking for skilled data analysts. There is a significant gap between open positions in analytics and qualified candidates. MBA candidates in Business Analytics can easily obtain employment in a variety of transnational and multinational corporations.

About Sunstone

Sunstone is a leading higher education services provider that works with academic institutions to upskill students for employability. Sunstone offers career-oriented training interventions for undergraduate and postgraduate students at 30+ institutions across 25 cities.

Sunstone’s training programs are industry endorsed to enhance employability. These programs are designed for hybrid delivery with an unparalleled focus on soft skills and personality development. Sunstone’s focus is to provide students with a holistic educational experience.

FAQ - MBA in business analytics

• Which colleges are the best colleges for MBA in business analytics in India?

IIM Bangalore, IIM Ahmedabad, School of Business, University of Petroleum and Energy Studies, Dehradun, and DYPUSM Mumbai are among the top colleges for MBA in business analytics in India for 2022.

• What is the eligibility for MBA in Business Analytics?

Bachelor's degree with a minimum of 50 per cent (45 per cent for SC/ST category) from a recognized institution. Students awaiting their final grades or taking their final exams are also eligible to apply.

• How do I select the best college for MBA in Business Analytics?

These are some of India's best colleges for MBA in business analytics programmes based on placement: KIIT School of Management, IIM Calcutta, IIM Bangalore, IIT Dhanbad, Great Lakes Institute of Management, and IIM Calcutta.