After graduation, individuals can opt for an MBA degree, which will open avenues for managerial roles. It is one of the best post-graduation options for students and professionals as it hones skills that help deal with complex problems and develops leadership qualities and innovative problem-solving perspectives. There are different domains for specialisation in an MBA programme, and you can pursue any of them according to your preference and skills.
An MBA in Finance covers taxation, finance, market strategy, derivatives, and international finance. Individuals interested in making a career in finance will learn managerial skills along with various accounts, finance and portfolio skills. One can work as an accounts manager, finance manager, financial analyst etc.
An MBA in Marketing focuses on the international market, brand development, marketing strategies, etc. The popular job profiles under this branch are marketing manager, market research analyst, promotional manager, etc.
An MBA in Human Resources provides in-depth knowledge of the organisation’s human resource department. It includes recruiting, staffing, and management of the workforce. The popular job profiles are HR manager, compensation manager, consultant, etc.
Another domain gaining popularity nowadays is MBA in analytics and data science. With the advancement in business and technologies, it has become necessary for enterprises to have professionals who possess in-depth knowledge in both business and technologies.
Today businesses and industries are flourishing using data analytics. Data has become a kind of asset that provides a competitive edge in the market. But for maximising the benefits, a professional who extracts information from the raw data is required. Data Science is a discipline in which scientific methods are used to extract valuable information from structured or unstructured data, and Analytics is the systematic analysis of the data.
The MBA Analytics and Data Science programme combines managerial skills with programming skills. In this changing world scenario, professionals with knowledge of programming and IT are more in demand. An MBA in Analytics and Data Science is an optimum mix of business and technology.
The scope of Data Science is vast as data is the future, and every company is collecting data from users and consumers on a regular basis. Thus, they need professionals to manage and maintain the data collected. The data collected is primarily unstructured or semi-structured, and in its raw form, it does not provide any utility and benefits. An MBA in Analytics and Data Science will equip the professional with desired technical skills.
The technical skills that individuals are usually equipped with during an MBA Analytics and Data Science programme are:
The MBA Analytics and Data Science programme holds a bright future as it is a newly evolving domain. The primary industries that require Data Science professionals are:
Data Analytics uses more technical skills compared to business analytics. The primary purpose of data analytics is to categorise and arrange data in a meaningful manner and extract information from such data. In contrast, business analytics is more of an analysis of market forces and trends and drawing plans and policies accordingly.
MBA in Analytics and Data Science is a 2-year postgraduate programme. The course can be pursued by individuals with a knack for data analysis and who fulfil the minimum eligibility criteria. Different universities have different eligibility criteria, but below are the essential criteria one must meet.
If you are someone who has an interest in programming and likes to extract information, this MBA specialisation is for you. Let’s have a look at the qualities that will be an added advantage in an MBA in Analytics and Data Science.
There are enormous opportunities for individuals in this domain and the several advantages of it are listed below::
The syllabus for the MBA in Analytics and Data Science programme may slightly vary from university to university. But most of the topics are usually the same. It includes core MBA topics like Management, Leadership, Economics, Finance, Marketing and Operational Management. These topics are combined with technical topics like Database management, Social media analytics, statistical techniques, Data science, programming etc.
The MBA programme will teach the following topics in the span of two years.
Read more about the MBA analytics and data science syllabus
The average salary of an MBA in Analytics and Data science is ₹6 lakhs per annum. Let’s check on the different roles and their average salaries.
Manipal University Jaipur (MUJ) is an UGC recognised and NAAC A+ rated university. It offers MBA programmes in various domains, including an MBA in Analytics and Data Science. Manipal University Jaipur’s online MBA programme includes the finest academic curriculum, advanced learning management system (LMS), and expert faculty. Once you enrol for the programme, you get free access to paid courses from Coursera in addition to the vast e-learning material.
The recorded classes help in multiple revisions and revisiting any concept that you might have missed earlier. The self-paced learning programme makes it convenient for working professionals to complete their MBA without quitting their work. Any graduate or professional can pursue an MBA in Analytics and Data Science from Manipal University Jaipur. It will help in opening up new avenues for freshers and help professionals make a career change or advance their career to climb the corporate ladder.
The course fee is around INR 1,50,000 for two years which is around INR 37,500 per semester. Moreover, Manipal University Jaipur provides easy payment and finance options. It provides no-cost EMI, thus, helping in making education accessible to everyone. There are scholarships for defence personnel, government employees, and differently-abled and meritorious students. There are also certificate programmes that can be accessed along with an MBA programme. These certifications will help you upskill and enhance the value of your resume and provide an edge in the competitive job market.
The online MBA programme from Online Manipal also provides placement opportunities with the top companies in the industry. A few such companies are Accenture, Amazon, Bajaj Finance, Axis Bank, Dell, etc.
With technological advancement, the way of doing business has changed immensely. Today, business and technology are interwoven, and it is impossible to do business without IT services. In the past, only a few global giants used data for their business’ decision-making and strategy formation. But now, every business is relying on data to understand their clientele pattern and generate revenue. With this trend in the industry, there is a huge demand for professionals who are skilled in analytics and data science. It is estimated that the industry will gradually grow, which will create numerous job opportunities globally.
MBA in Analytics and Data Science is a perfect mix of technical and non-technical skills. It includes topics like communication, statistical methods, different programming languages, and analytical tools in its curriculum. Data science is a research-based field, and it is used in various industries and businesses. A graduate with an MBA in Analytics and Data Science can choose to work as a data scientist or in the finance or banking sector. In today’s rapidly evolving business world, MBA in Analytics and Data Science will provide a head start for individuals to advance their careers. Since it is an emerging field, the competition is comparatively low compared to other MBA specialisations. So stay ahead of the competition with an online MBA in Analytics and Data Science from Online Manipal.
Information related to companies and external organizations is based on secondary research or the opinion of individual authors and must not be interpreted as the official information shared by the concerned organization.
Additionally, information like fee, eligibility, scholarships, finance options etc. on offerings and programs listed on Online Manipal may change as per the discretion of respective universities so please refer to the respective program page for latest information. Any information provided in blogs is not binding and cannot be taken as final.
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