Scope of MBA in Business Analytics

28 January 2025, 1:18 pm IST

An MBA in Business Analytics is a program that presents a smooth pathway for students to enter the corporate world equipped with versatile knowledge and skillsets. The degree works like a key to unlock opportunities for graduates in the field of data-driven business decisions and management. Business Analytics is not limited to analyzing data and numbers, it goes beyond to explore market trends to improve decision-making for businesses. 

In this blog, let us understand the MBA in Business Analytics Scope, its career options, and the MBA business analytics salary for graduates. First, let us discuss the MBA in Business Analytics program in brief.

 

Apply Here Online

 

{requestACallCTA}

What is an MBA in Business Analytics?

 

What is an mba in business analytics

 

MBA in Business Analytics is a specialized program for students and professionals who are looking to enhance skills to master the tools and technologies applied in Business Analytics and uncover hidden data. The program offers a comprehensive understanding of how data-driven concepts can be applied to business decision-making, planning, and envisaging future business trends. The program is not just about learning to fetch data, it is about translating the data into meaningful insights. An MBA in Business Analytics opens doors to numerous job roles in healthcare, IT, finance, marketing, and several other sectors.

 

Also read:- MBA in Digital Marketing Management

Scope of MBA in Business Analytics in India

 

Scope of mba in business analytics in india

 

An MBA in Business Analytics brings you a wide range of exciting job openings ranging from Project Manager and Business Intelligence Analyst to Data Analyst and Market Research Analyst among others.  Moreover, with the growing demand, the global business analytics market is predicted to soar up to US$ 512.04 billion by 2026, clearly portraying the likely rise in demand for these professionals globally. Thus, business analytics presents a vast MBA scope and immense opportunities that work as a key to success for graduates. Below are some job opportunities that MBA graduates in business analytics can avail of. 

Job Opportunities after an MBA in Business Analytics

 

Job opportunities after an mba in business analytics

 

Below are some rewarding jobs that MBA in Business Analytics graduates can explore:

Job Role

Description 

Average Salary 

Data Analyst

Data analysts interpret data after gathering and analyzing it. They find trends and insights from data to support business decisions. They collaborate with stakeholders to identify their needs and recommend actions based on their analysis.

Rs 6 lakhs per annum

Business Intelligence Analyst

Business intelligence analysts collect and analyze data to help businesses make crucial decisions. They show key performance indicators (KPIs) by developing dashboards and reports to provide insights into customer behavior and market trends to enhance smooth business operations.

Rs 8 lakhs per annum

Market Research Analyst

These professionals collect data related to market conditions and analyze them. They support companies to understand market trends and help them to make informed decisions. These professionals conduct surveys and analyze consumer behavior to recommend suggestions based on their findings.

Rs 5 lakhs per annum

Operations Analyst

Operations analysts are responsible for improving business operations by analyzing processes, identifying issues, and suggesting solutions. They use data to reduce costs, boost efficiency, and efficient flow of work.

Rs 5 lakhs per annum

Product Manager

Product managers oversee the development and management of products from start to finish. They use data analytics for analyzing customer feedback, market trends, and competition to make informed decisions and marketing strategies.

Rs 19 lakhs per annum

Data Scientist

Data science is a highly demanding field and data scientists are sought-after professionals. They analyze data and find insights in large datasets using machine learning. They solve business problems and improve decision-making by creating predictive models and algorithms. 

Rs 12 lakhs per annum

Risk Analyst

Risk analysts identify risks, evaluate them, and create strategies to reduce them. They analyze data to find threats, assess risks, and suggest solutions. Overall, they play a key role in finance, insurance, and cybersecurity, among other fields.

Rs 7 lakhs per annum

Strategy Consultant

Strategy consultants develop strategic plans for companies to drive their growth and boost their performances. These professionals use data analysis to find business opportunities and recommend strategies for product positioning in the market.

Rs 19.1 lakhs per annum

 

{enrollNowCTA} 

Conclusion 

Overall, the scope of business analytics MBA is vast as it is an emerging and evolving field of study. Business Analytics offers a wide set of tools and knowledge to deal with real-world challenges while opening doors to the best career options with top companies globally. If you are looking to pursue an MBA in Business Analytics, you must explore the MBA Business Analytics program offered by Amity University Online. Amity Online offers some of the world-class online programs and courses designed to give students a real boost in their careers by helping them achieve their full potential. Visit the official portal to learn about different online degree courses and enroll. 

 

Know More About Our Online Programs

Check Out Our Top Online Degree Programs

UG ProgramsPG Programs
BBA (Bachelor of Business Administration)MBA (Master of Business Administration)
BCA (Bachelor of Computer Application)MCA (Master of Computer Application)
Bcom (Bachelor of Commerce)MA (Master of Arts Public, Policy and Governance)
BA (Bachelor Of Arts)Mcom with Financial Management
BAJMC Bachelor Of Arts (Journalism and Mass Communication)MAJMC Master Of Arts (Journalism and Mass Communication)
Bachelor of Arts In HindiMaster Of Arts in Psychology

Siddharth

Author


Tags :Latest

Similar Blogs

Jan 29 2025
Why Online MBAs in General Management are More Relevant Than Ever
Jan 29 2025
What to Expect in Your First Year of an Online BCA Program
Jan 28 2025
How to Apply for an Online MCA in Blockchain Technology and Management?

Frequently Asked Questions