Scope of MBA in Business Analytics

Updated: 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

Get Complete Details From Expert

Request a call →

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

Take the next step in your career ?

Enroll Now →

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 Programs	PG 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 Hindi	Master Of Arts in Psychology

Siddharth

Author

Tags : Latest

Explore similar programmes

frequently asked questions

What is Business Analytics, and why is it important?

Business Analytics is the systematic examination and interpretation of data to extract useful insights that can further support informed decision-making to improve the performance of organizations.

What career opportunities are available after completing an MBA in Business Analytics?

After completing an MBA in Business Analytics, students can explore various job roles like Business Analyst, Financial Analyst, Data Analyst, Data Scientist, Consultant, Project Manager, and Marketing Analyst.

Which industries offer job roles for MBA in Business Analytics graduates?

Finance, Logistics, Consulting, Manufacturing, Telecommunication, Healthcare Management, Research and Development, Fitness and Wellness Management, and Environmental Services are some industries offering job roles for MBA in Business Analytics graduates.

What is the earning potential for an MBA in Business Analytics professionals?

The salary range for Business Analytics professionals in India is Rs 1.7 Lakhs – Rs 22 Lakhs with an average salary of Rs 10.3 lakhs.

What skills are crucial for success in Business Analytics?

Inquisitiveness, good communication, problem-solving ability, critical thinking, detail-oriented, and visualization skills are some crucial skills required by professionals for success in Business Analytics.

Is an MBA in Business Analytics better than a specialized degree in Data Science?

Data science is suitable for candidates who enjoy working with complex data, AI, and programming languages. On the other hand, candidates who prefer using data insights for business decisions and to improve operations can enroll in business analytics courses.

Are internships and projects important during an MBA in Business Analytics?

Internships and projects are important during and after completing an MBA Analytics program because they help graduates with practical training and domain expertise among other benefits.

What is business analytics in MBA?

Business analytics in an MBA program is a specialized area of study that focuses on using data to improve business decisions.