MBA in Data Science
This article is designed to cater to a plethora of queries raised by inquisitive and aspiring candidates about the MBA in Data Science in India. This blog covers various aspects such as MBA in Data Analytics scope, MBA in Data Science salary, MBA Data Analytics syllabus, Online MBA Data Analytics & MBA in Data Science eligibility, and many more.
Functions of the human brain, like speech and image recognition, self-driven cars, traffic prediction, product recommendations, automatic language translations, etc., have been carried out by machines. An MBA in Data Science and Analytics is in great demand as the scope of the MBA in Data Analytics scope is extensive.
The massive technological advancement has transformed the business processes and influenced the routine lives of people across the world. People are getting routine tasks done by commanding over voice Apple's Siri or Amazon's Alexa. MBA in Data Analytics teaches algorithms to solve the problems faced by industries and businesses. MBA in Data Science in India is the most sought-after program.
The MBA Data Analytics syllabus focuses on the latest tools and techniques employed in:
- Financial Management
- Operations Management
- Supply Chain Analytics
- Healthcare Analytics
- Product Analytics
- Business Accounting
- Banking Analytics
- Basics of Marketing Analytics
- Financial Risk Management
- Financial Statement Analysis
- computational Finance
MBA in Data Analytics scope is tremendous both in India and abroad. In India, the candidates, after completing the program, seek entry-level jobs as Data Analysts, Data architects, Machine Learning engineers, Analytics Managers, Hybrid Data Visualisation engineers, and the like.
After gaining experience, the candidates get placed at an advanced level in the roles of Data Scientist, Big Data Engineer, Business Intelligence Manager, and deep Learning Expert. MBA in data science salary is in the range of 6-9 lakhs per annum in case of a fresher. MBA in data science salary for the experienced ones is exponentially high.
1. PG Diploma in Business Analytics by IIM Calcutta, IIT Kharagpur and ISI
The Post Graduate Diploma in Business Analytics (PGDBA) – jointly offered by IIM Calcutta, IIT Kharagpur, and ISI – is aimed at creating business analytics professionals to tackle challenging business problems through data mining and predictive analysis using AI and ML tools and techniques.
The students reap the benefits of the placement opportunities offered by all three institutions. The seamless interaction with the renowned faculties of IIM Calcutta, IIT Kharagpur, and ISI proves to be enriching and exhilarating.
MBA in Data Science Eligibility
(i) A candidate must possess a graduate/post-graduate degree with 10 + 2 + 4 or 10 + 2 + 5 or 10 + 2 + 3 + 2, with at least 60% marks or CGPA 6.5 on a 10-point scale in the Qualifying Degree (i.e., B.Tech./BE/ M.Sc./ M.Com. or equivalent).
(ii) Candidates with 10 + 3 (Engineering diploma) + 3 (lateral entry into BE/ B.Tech.) with at least 60% marks or CGPA 6.5 on a 10-point scale in the Qualifying Degree (i.e., B.Tech./BE), or with 10 + 2 + 4 (B.Sc.) with at least 60% marks or CGPA 6.5 on a 10-point scale in the Qualifying Degree (i.e., B.Sc.), or with B.Com. + CA with at least 60% marks (Intermediate and Final examinations of the CA considered together) are also eligible.
(iii) The minimum score required for eligibility for applicants in the SC/ST and Persons with Disabilities (PwD) categories is 55% or a CGPA of 6.0 on a scale of 1 to 10.
(iv) Candidates are shortlisted for Personal Interview based on their score in the PGDBA Admission Test.
The cost of the 2-year program for the class of 2023–25 is Rs 25 lakhs. At the time of registration for each semester, the fee must be paid in four equal instalments. The fees will cover the cost of tuition, on-campus housing, a few books and study aids, exam supplies, and lab expenses, among other things.
2. IIT Mandi
Indian Institute of Technology Mandi offers a two-year (four Semester) MBA In Data Science and Artificial Intelligence program to provide in-depth exposure to data science tools and techniques like analytics, artificial intelligence machine learning, deep learning, natural language processing, and neural networks with a strong emphasis on problem-solving approach. MBA in Data Science in India with a mix of Artificial Intelligence gives exposure to fundamentals of business management with a particular focus on core topics.
MBA in Data Science Eligibility
(i) Minimum 6.5 CGPA on a 10-point scale or 65% marks (60% in case of SC/ST/PWD candidates) in a full-time bachelor's degree of minimum three years or a full-time Master's degree of minimum two years from any of the Centrally Funded Technical Institutions (CFTIs) / any of the top 100 institutes according to NIRF ranking 2022 or 2023 (overall category) for For Gen/OBC (NCL)/EWS candidates. Such candidates are exempted from the requirement of CAT. All applicants must have studied Mathematics at +2 level (or equivalent).
(ii) Indian national applicants: A valid CAT score obtained in 2022 a full-time bachelor's degree (of minimum 3-years duration) with Minimum of 6 CGPA on a 10-points scale or 60% marks for GEN/OBC (CL)/EWS Indian national applicants & a Minimum of 5.5 CGPA on a 10-points scale or 55% marks for SC/ST/PWD/OBC(NCL) Indian national applicants & All applicants must have studied Mathematics at +2 level (or equivalent).
Course Fees
For General/OC/EWS candidates, it is Rs. 10,21,900/-; For SC/ST/PwD, it is Rs. 2,71,900/-
MBA Data Analytics Syllabus Broadly Covers these Topics
Human Resource Management | Financial Statement Analysis | Mathematical Foundations |
Creative Thinking | Problem Solving | Marketing Management |
Python Programming | Decision Analysis | Probability and Statistics |
Managerial Economics | Operations Management | Organisational Behaviour |
Strategic Management | Communication Skills | Data and Analytics |
Legal and Ethical Aspects of Business | AI and ML in Functional Disciplines | fuzzy logic for Business |
Digital Business Strategy | Blockchain for Business | Neural Networks |
Deep Learning | Natural Language Processing for Business | Evolutionary computing fundamentals for Business |
3. IIT Kanpur Masters Degree Program
IIT Kanpur offers Online MBA Data Analytics, the e-Masters in Data Science and Business Analytics program on iPearl.ai, a digital learning platform powered by TalentSprint. The program keeps the learner engaged and immersed in recorded videos, reading material, live interactive sessions, assignments, quizzes, and discussion forums.
MBA in Data Science Eligibility
Bachelor's degree (4 years program) in engineering, science, economics with at least 55% marks or 5.5/10 CPI (Or) Master's degree in engineering, science, economics, commerce, management with at least 55% marks or 5.5/10 CPI 2 years of work experience (an applicant need not be currently employed to be eligible). Candidates should have had mathematics in Class 12. For enrolling in this program, no GATE score is required.
Fee Structure
This for candidates opting to complete the program in 1 year.
Details | Amount |
Application Fee Registration Fee | Rs. 1500 To be paid within 1 week of selection ₹40,000 |
Admission Fee | To be paid to complete enrollment ₹1,60,000 |
Module Fee | To be paid at the beginning of every quarter based on no. of modules selected (Total 12 Modules) ₹5,40,000 [₹45,000 per module] |
Quarter Fee* | To be paid at the beginning of every quarter ₹60,000[₹15,000 per quarter] |
Total Fee | ₹8,00,000 |
*For every additional quarter, fees of Rs 15,000 will be applicable. | |
4. IIM Indore and IIT Indore Jointly Offer a Master's in Data Science and Management Program
The IIT and IIMs Master's in Data Science and Management program broadly covers software algorithms, data structures, big data infrastructure, big data analytics life cycle, data security and management, and contemporary management thoughts, including behaviour elements.
MBA in Data Science Eligibility
First class or 60% or 6.0 CPI /6.0 CGPA [relaxation for SC/ ST/ PWD category as per Government of India rule] degree in:
- BTech/ BE/ BS/ BPharm/ BArch/ BDes/BFTech Four years BSc/ MSc/MCA/ MBA
OR
- The same as having completed at least two maths courses and one computer programming course at the required degree level.
- CAT/GATE/GMAT/GRE/JAM test scores obtained anytime in the last three years
OR
- The Data Science and Management Aptitude Test (DMAT) will be offered both physically and online.
Programme Fee
INR 12.0 Lakhs (Indian participants) / INR 15.6 Lakhs (International participants).
MBA Data Analytics Syllabus/Course
The program structure is divided into six trimesters. The trimester I to trimester IV covers the topics:
Design Thinking | Algorithms | Business Analytics |
Business Research | Data Structures | Data Visualization |
Database Management System | Advanced Machine Learning | Human Resource Management |
Ethics | Financial Management | Introduction to AI |
Information Systems for Managers | Legal Aspects of Business | Machine Learning Foundations |
Linear Optimization | Marketing Management | Managerial Economics |
Operations Management | Managerial Communication | Probability and Statistics |
Generating Business Value with Storytelling and Insights | Mathematical and Statistical Methods for Data Science – 1 | Mathematical and Statistical Methods for Data Science – 2 |
Organisational Behaviour | Research Methodology | Spreadsheet Modelling |
Programming Fundamentals for Data Science | Understanding Financial Statements and Functions of Finance | Strategic Management and Supply Chain Management |
In the fifth and sixth trimesters, participants are offered a pool of electives to choose from the advanced courses offered by the two Institutes and undertake project work.
5. Amity University
Amity University offers a two-year UGC-approved Online MBA Data Analytics program with a specialization in Data Science. To bridge the gap between theory and practice, Amity University has included case studies from Harvard Business Review that allow students to think strategically about real-world problems and get a competitive advantage. Amity's Online MBA Data Analytics is ranked by QS globally.
MBA in Data Science Eligibility
Candidates with a Bachelor's degree/ Graduate Certificate in any discipline from a recognized university. Applicants must possess sufficient knowledge and understanding of the English Language.
Programme Fees
Rs. 63,250 /-per semester
6. LPU Online MBA in Data Science
Lovely Professional University, having accreditations and recognitions from the University Grants Commission, National Assessment and Accreditation Council, and National Institutional Ranking Framework, offers an Online MBA in Data Science.
Program Fee
Rs. 34,600/ Semester.; Examination Fees Rs. 4000/Semester.
Total Fee for all the four Semesters around Rs.1,56,000/- (Rs. 1,42,000 if paid in lump sum)
7. Jain Online Deemed-to-be University
Jain University offers an Online MBA in Data Science and Analytics. This two-year program is structured based on the current industry requirements for students who aim to enhance their business administration, data analysis, and technology skills. The University has the requisite accreditations and recognitions to offer online degree programs. AICTE approves its MBA and MCA programs.
Program Fee
If paid Semester-wise ₹60,000 x 4 Semesters
Total Fees ₹240,000/-
If paid Year-wise ₹110,000 x 2 Years
Total Fees ₹220,000/-
8. Shiv Nadar University
Shiv Nadar University offers a two-year (4 Semesters) MBA degree program in Online Mode, which is ideal for working professionals. Participants from different geographical locations have the chance to network with professionals from a variety of roles, managerial levels, and industries thanks to the online format.
MBA in Data Science Eligibility
Applicants should hold a bachelor's degree or equivalent with at least 50% marks or equivalent CGPA from any of the recognized Universities, Deemed Universities, and Institutions of National Importance or from a Professional Body including ICAI, ICSI, ICWAI, etc. GMAT Accepted.
Program Fee Structure
INR 5,00,000
9. Symbiosis School For Online and Digital Learning
The Symbiosis School for Online and Digital Learning, under the Symbiosis International (Deemed University) (SIU), offers a Master of Science (Data Science), a two-year program providing an in-depth understanding of statistical foundations, technologies, and applications to the learners. The Symbiosis University enjoys recognition and accreditations from UGC, NIRF, AICTE and NAAC.
MBA in Data Science Eligibility
Graduate from an accredited university or institution of national importance with a minimum of 50% marks (45% for members of the Scheduled Caste or Scheduled Tribes) or an equivalent grade.
Programme Fees
Rs. 70,000 per annum with a concession of Rs. 10,000 for one-time payment of the full-time fee.
10. Online Manipal
Online Manipal University offers an Online MBA in Data Science and Data Analytics, which is best suited for working professionals and candidates who wish to spend a manageable amount in pursuing the MBA in regular mode. The Online MBA Data Science is cost-effective, and the return on investment is exponentially high.
Program Fee
INR 2,60,000 (all inclusive); INR 65,000 (each semester)
MBA in Data Science Eligibility
Bachelor's degree from a recognized University/Institution with a minimum of 50% marks or equivalent grade. The candidates should have Mathematics as a compulsory subject in 12th grade, coupled with at least one year of work experience.
Conclusion of MBA in Data Science
MBA in Data Science is the most sought-after program considering the potential of Data mining and Data Analytics in analyzing big data and finding solutions to problems.
The two-year composite programme provides in-depth knowledge of subjects like Financial Management, Mathematical Foundations, Marketing Management, Python Programming, Decision Analysis, Probability and Statistics, Managerial Economics, Operations Management, Digital Business Strategy, Blockchain for Business, Deep Learning and Natural Language Processing for Business.
The degrees earned through Online mode from UGC-recognized Universities and Institutions are duly valid and recognized by UPSC, SSC, and other recruitment agencies of the Central and State Governments. The Online degrees hold good for recruitment in PSUs and autonomous bodies as well.
The professionals of Distance Pathshala provide personalized guidance to aspiring students in selecting cost-effective Online programs.
The candidates who are interested in upgrading their skills through Online learning must connect with the expert counsellors of the Distance Pathshala without fail.
