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Online MBA in Business Analytics
An online MBA program in business analytics provides a dynamic, digitally-age-appropriate combination of sophisticated business acumen and cutting-edge analytical abilities. Professionals who complete this program will have the know-how to leverage big data, inform strategic choices, and improve organizational performance. Graduates of an online MBA program in business analytics are prepared for a variety of jobs across sectors through the integration of a thorough business education with specific training in data analysis, statistical methods, and technology.
Online MBA Business Analytics: Overview
A specialized curriculum that blends traditional business education with cutting-edge analytical abilities is the online MBA in Business Analytics. Professionals who want to use data to drive corporate success and influence strategic decision-making should apply for this degree. In addition to basic MBA disciplines like finance, marketing, and management, the program often incorporates courses in data analysis, statistical techniques, machine learning, and data visualization.
The flexibility of the online format enables students to manage their academic obligations with their personal and professional obligations. Graduates are well-suited for positions in a variety of sectors as data scientists, business analysts, and strategic consultants, where they may use their expertise to tackle challenging operational issues and address complicated business challenges.
Key Highlights of Online MBA in Business Analyst
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PARAMETERS
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DETAILS
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LEVEL OF COURSE
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Post Graduation
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COURSE DURATION
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2 years
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ELIGIBILITY CRITERIA
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Graduation or Diploma. In some cases work experience is needed and in some cases work experience is not needed.
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ADMISSION PROCESS
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Direct/Merit-based/Entrance Exam based
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ENTRANCE EXAM
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CAT, XAT, MAT, SNAP, GMAT
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COURSE PEDAGOGY
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Online classes and Learning Management System (LMS)
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FEE RANGE
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5 - 20 Lakhs
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SPECIALIZATION
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Finance, Marketing, Supply Chain Management, Human Resource Management
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Top universities
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ICFAI University Distance Learning, Amity University Online, NMIMS Global Access School for Continuing Education (NGA-SCE)
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JOB PROFILE
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Business Analyst, Data Analyst, Data Scientist
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AVERAGE SALARY
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9 - 15 LPA
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Why Choose an Online MBA in Business Analyst?
- Value for Money: Compared to conventional on-campus education, online programs may be more affordable. Relocation, transportation, and lodging costs can be reduced, and a lot of online schools provide financial help and scholarships.
- Worldwide Approach: Students from all over the world are frequently drawn to online programs, which offer a global perspective on analytics and business. Your comprehension of worldwide markets and various business processes can be improved by this exposure to other countries.
- Enhanced Knowledge Established: Possessing both business acumen and analytical proficiency, an MBA in Business Analytics gives you a distinct advantage. Along with gaining a solid understanding of finance, marketing, and management, you will also acquire expertise in machine learning, statistical modeling, and data analysis. This dual emphasis equips you to lead analytical projects in your company and make data-driven decisions.
Who is Eligible to Choose the MBA in Business Analyst?
- Knowledge in Education: The majority of programs call for a bachelor's degree from a recognized university. Numerous programs allow degrees from any subject, however, some favor applicants with a degree in business, economics, or a similar topic.
- Employment Background: Professional job experience, usually spanning from two to five years, is preferred or required by many online MBA programs. This practice makes it possible for students to participate in and gain from the program's practical, real-world focus.
- Quantitative Abilities: Having a foundation or basic grasp of statistics, data analytics, and related technical abilities can be helpful and occasionally expected, even if it's not usually a formal necessity.
Universities that Provide Online MBA Program in Business Analytics
- ICFAI University Distance Learning: ICFAI provides a business analytics and data analytics concentration in its online MBA program. Business intelligence, statistical modeling, and data analysis are some of the subjects covered in the curriculum.
- Amity University Online: Amity University provides an online MBA program with concentrations in business intelligence and analytics. Predictive analytics, statistical modeling, data visualization, and data analysis are among the subjects covered in the curriculum.
- NMIMS Global Access School for Continuing Education (NGA-SCE): NMIMS provides an online MBA program with a focus on business analytics. Predictive modeling, statistical analysis, data mining, and data management are among the subjects covered in the curriculum.
Topics Covered in Online MBA in Business Analytics
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Semester 1
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Semester 2
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Management Concepts & Organizational Behavior
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Business Environment & Legal Aspect Of Business
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Managerial Economics
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Data Mining Techniques – Predictive Modeling & Pattern Discovery
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Financial Accounting For Managers
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Business Research Methods
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Business Statistics and Analytics
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Financial Management & Corporate Finance
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Marketing Management
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Operations Management
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Introduction To Business Analytics & Data Science
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Quantitative Techniques For Managers
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Design Thinking
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Data Visualization & Descriptive Analytics
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Semester 3
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Semester 4
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Strategic Management
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Emerging Technologies in Global Business Environment
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Artificial Intelligence & Machine Learning
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HR Analytics
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Human Value And Professional Ethics
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Social Media & Web Analytics
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Supply Chain Analytics
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Healthcare Analytics
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Marketing Analytics
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Business Applications of Block chain Technologies
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Summer Training Project Report & Viva Voce
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Database management system
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Duration of Online MBA in Business Analyst
- One-Year MBA Programs:Designed for professionals who wish to finish their MBA fast, these programs are intense and expedited. They frequently have more demanding entrance criteria in terms of past job experience and academic standing, as well as a large time commitment.
- Two-Year MBA Programs:The coursework for these more conventional two-year MBA programs is spaced out. They make it possible for a more moderate pace, which working professionals may find easier to handle.
- Part-Time Programs: Depending on how many classes a student enrolls in each term, these flexible programs can take two to four years to finish. They are perfect for people who have other responsibilities in addition to their academics.
Skills Needed for Online MBA in Business Analyst
- 1.Quantitative and analytical abilities
- Data analysis: Capacity to decipher and examine intricate data sets.
- Solution-Oriented Ability: Capability to recognize problems, evaluate information, and formulate calculated solutions.
- 2.Artificial Mastery
- Software Proficiency: Working knowledge of data analysis programs including Tableau, SAS, R, Excel, and SQL.
- Tech Savvy: At ease with a range of online learning resources and platforms.
- 3.Analytical Reasoning
- Decision-making: Assessing possibilities and utilizing data to make well-informed business decisions.
- Flexibility: The capacity to pick up new ideas and adjust to changing procedures and technology.
Recommended Books for Online MBA in Business Analyst
“Competing on Analytics: The New Science of Winning” by Thomas H. Davenport and Jeanne G. Harris
“Data Science for Business: What You Need to Know about Data Mining and Data-Analytic Thinking” by Foster Provost and Tom Fawcett
“Data Mining: Practical Machine Learning Tools and Techniques” by Ian H. Witten, Eibe Frank, Mark A. Hall, and Christopher J. Pal
“Storytelling with Data: A Data Visualization Guide for Business Professionals” by Cole Nussbaumer Knaflic
“Big Data at Work: Dispelling the Myths, Uncovering the Opportunities” by Thomas H. Davenpor
Application Procedure For The Online MBA In Business Analyst
- Academic Transcripts: Copies of your academic records.
- Work Experience Certificates: Proof of relevant work experience.
- Entrance Exam Scores: GMAT/GRE/CAT/XAT/MAT scores, if applicable.
- Resume/CV: A detailed resume highlighting your academic and professional achievements.
- Personal Interview:Some institutions may conduct a personal interview (in-person or online) to assess your suitability for the program.
Educational Expenses for an online MBA in Business Analyst
- Highest Level Institutions:For the whole program, fees range from INR 8,00,000 to INR 20,00,000.
- Mid-Level Organizations:For the full program, fees range from INR 3,00,000 to INR 8,00,000.
- Similar Organizations:For the full program, fees range from INR 1,00,000 to INR 3,00,000.
Is Enrolling in this Online MBA Program Worthwhile?
- Promotion in Career:Gaining highly sought-after abilities in data analysis and strategic decision-making with an MBA in Business Analytics will help you advance your profession and earn more money.
- Usefulness:The discipline of business analytics is expanding quickly. Businesses are depending more and more on insights gleaned from data, which makes this specialty extremely pertinent.
- Opportunities for Socializing:Many programs, even though they are online, provide opportunities for virtual networking, group projects, and access to a broad peer demographic.
Job Opportunities MBA in Business Analyst
- Business Analyst:Provide insights and suggestions for strategic decision-making, process enhancement, and company optimization through data analysis.
- Data Analyst:Gather, purify, and evaluate data to find correlations, trends, and patterns that can guide corporate choices.
- Data Scientist:To tackle challenging business challenges, leverage cutting-edge statistical and machine learning approaches to draw conclusions from data and create predictive models.
Leading Employers for MBA in Business Analyst
- Consulting Firms:
- McKinsey & Company
- Bain & Company
- Boston Consulting Group (BCG)
- Deloitte
- Accenture
- Technology Companies:
- Amazon
- Microsoft
- IBM
- Oracle
- Financial Services:
- JPMorgan Chase & Co.
- Goldman Sachs
- Morgan Stanley
- Citigroup
- American Express
Addmission Open for 2024
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