MBA in Data Analytics is one of the highly sought after specialisations in the present world. With the rise in use of Big Data in business operations, there is a high demand for professionals capable of leveraging data analytics to aid business decisions.
It is a new specialisation in India and its rise in popularity can be traced back to the last 10 years. However, much like HR, Finance or Marketing, it’s becoming a core area in management really fast.
Almost all business organisations use data analytics to guide business decisions now. This development can be attributed to the growing popularity of MBA in Data Analytics as a discipline.
All MBA colleges in India don’t offer this specialisation and you need to have some background in computer application to cope with the demands of the discipline well.
The job market is unsaturated as yet and fresher’s with the right skill-set can easily find employment after graduation.The salary for MBA in Data Analytics freshers is usually above 8 Lakhs.
However, students from top colleges bag even higher packages during placements, going as high as 20-25 LPA in some cases. The following are the top 3 colleges offering the programme in India:
1. Rathinam College of Arts and Science, Coimbatore
RCAS has collaborated with Sunstone Eduversity to offer the latter’s flagship MBA in Data Analytics programme at the Coimbatore campus. The minimum eligibility criteria for the programme is 50% marks in graduation and a valid score in national or state level entrances.
Rathinam College of Arts and Science, Coimbatore is a top college for professional education. The collaboration with Sunstone has made its prospects shine even brighter. Sunstone is a leading placement promoter in the industry and has over 400 recruiters already on board.
On top of that, there is a provision for 9 months of internship in top MNCs during the course. Students can also opt for Sunstone’s 10 days Global Immersion programme as well. The course fee is 3.15 Lakhs for 2 years.
However, students can also choose to pay a recalibrated fee in the form of monthly installments, after securing placement. The companies that regularly offer placements to students at Sunstone are:
- Reliance Retail
2. Chandigarh University (CU), Ajitgarh
The MBA in Business Analytics programme at CU is offered in collaboration with IBM. It focuses on an industry-oriented curriculum that is comparable with top global universities. The eligibility for the programme is Bachelor’s degree with 50% marks, following which candidates can appear for CUCET.
The course fee is around 5 Lakhs in 2 years, and there is also an option for scholarships for meritorious students, based on their performance in CUCET. The programme is structured in a balanced way with internships, industry visits and talks by industry experts.
Several top MNCs, operating in India or abroad, hire regularly from Chandigarh University. Students from over 50 countries are present at CU through the numerous collaborations that the university has globally. The following are the companies in which students from CU has received placements in the recent past:
- Federal Bank
- Jindal Udyog
- Essar Services Pvt. Ltd
3. Kalinga Institute of Industrial Technology (KIIT), Bhubaneswar
The total intake capacity in the 2 years full-time programme is 30 and the selection is done on the basis of CAT/MAT/CMAT/XAT or KIITEE entrance exam score. The minimum eligibility criteria to apply for the programme is 60% marks in Bachelors.
The two years full time programme has a provision for mandatory on-the-job internship for 10 – 20 months. The total fee for the programme is 13 Lakhs in 2 years with options for scholarships for meritorious students.
Since the college is residential, the course fee also includes hostel accomodation and food. The institute has more that 200 networked organisations in the form of trade bodies and MNCs.
There are many opportunities for interaction with industry leaders through weekly seminars. Many top companies regularly hire from KIIT and the college has exceptional placement records. The top companies hiring from KIIT every years are as follows:
- Asian Paints
- Mahindra Finance
- Yes Bank
Doing an MBA in Data Analytics is a golden ticket to grand employment opportunities. However, you need to be very careful while choosing a college because a lot actually depends on that. Data Science is an area that is concerned with technical skills, some which you need to have beforehand. The MBA degree sharpens those skills and combines them with managerial aspects to create all-round data professionals. Therefore, it is of paramount importance that you pay close attention to the details of college before taking a final decision.