Online MBA in Data Science

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Online MBA in Data Science in India is a 2-year Postgraduate program that focuses on data analysis of various origins and forms with concepts and principles of statistics and modeling with technology skills. Our Country Bharat (or India) has many Private Universities, State University as well as Central Universities offering Data Science as a specialization in the Master of Business Administration program for students with better facilities and well-organized curricula designed by keeping in mind today’s world requirements and needs, which helps to grow in career and advancing in life to achieve all goals.

These Universities offer Online MBA in Data Science courses which have been monitored, and regulated, and all the standards maintained by a government body named “University Grants Commission (UGC)” under the Department of Higher Education, Ministry of Education, Government of India, which is set up in accordance to the UGC Act 1956 having an autonomous institute “The National Assessment and Accreditation Council (NAAC)” established in 1994 which access and accredit these “Higher Education Institute (HEIs)” and, mandate quality and standards.

With developing technology and necessity there is upgradation in the Education system for society’s betterment, mainly after Covid-19, Online Course grabs attention and its demand leads many top universities in India to provide Online MBA in Data Science courses which makes it easy for working professionals and remote students to seek MBA degree with the help of technology and an Internet connection in affordable cost.

History of MBA in Data Science

In 1962, John Tukey described Data analysis. In 1985, Chinese Academy of Sciences in Beijing lecturer C. F. Jeff Wu used the term Data Science in place of statistics. In 1992, the University of Montpellier started to provide Data Science as a Subject. In 1997, Professor C. F Jeff Wu suggest to rename Data Analysis as Data Science. Later in 1998, Data Science became a discipline subject, further with the development of the Internet and electronics technology Online MBA in Data Science widely spread across students.

Benefits

  • Carrier Enhancement: The Data Science course helps students advance in the industry and achieve their career goals by developing required skills that allow them to take certain roles and opportunities, and encourage towards their goals. MBA in the Data Science domain builds confidence to take on more challenging work and provides the path to communication, progress, and success.
  • Flexibility: Online MBA in Data Science provides flexibility in learning through digital platforms over the globe with the help of an Internet connection generally for working professionals, remote students, and many more who want to seek a degree in this domain from top Universities in India with better opportunities and high-class facilities in affordable cost.
  • Placement and Promotion: An MBA in Data Science helps in getting placement in a top Industry or getting a dream job opportunity with an average salary of about 16LPA in India, while it also helps in getting promotion in your current job role within the company or getting new working position, results in salary increment.
  • Analytical Skill: Develop tools and techniques required for market analysis and market knowledge which allows one to grow and enhance in the market through MBA courses.
  • Managerial Skill: MBA in Data Science course includes such as Strategic planning, decision-making, problem-solving, communication, delegation, and time management which allows working effectively in an organization.
  • Frameworks: It is a set of different tools, concepts, and techniques designed to get progress in business which helps to analyze complex business methodology based on specific data, explore different options, and different situations, and take different actions which is driven by managing data skills develop during the course.
  • Network and Connections: During the Online MBA in Data Science course students get the opportunity to learn from industry experts through virtual sessions, and also get training and internships in top companies which helps students to enhance and make connections which may further help in the future opportunities or get advantage and guidance when they required.
  • Business and Marketing: Managing and understanding different data helps in marketing and its business developing activities by analyzing the modern-day market requirements and developing its product accordingly to fulfill the market demand and enhance the product value which results in profit by taking planned measures to achieve the goals.
  • Data Mining and Analysis: Every company wants to get ahead in the competitive business world which requires making decisions quickly, analyzing situations, and evaluating products, it can be done by knowledge of data science.
  • Problem-Solving: An online MBA in Data Science provides a way to understand and resolve complex business problems by analyzing the information and data in an organization.
  • Outside India: MBA in Data Science offers top paying Jobs not only in India but also abroad, and quality is preferred all over the world. Every Business requires persons who have quality so International Companies acquire these students with a handsome package of salary.

Top Colleges of Online MBA in Business Intelligence and Analytics

There are different types of modes for pursuing the degree of Online MBA in Business Intelligence and Analytics programs, with their benefits and functions, Top Colleges offering these programs are:

  1. Jain University, Bangalore
  2. 2. Lovely Professional University, Punjab
  3. Manipal University Jaipur, Rajasthan
  4. Uttaranchal University, Uttarakhand

Cost of Online MBA in Data Science in India:

Pursuing an Online MBA in Data Science in India course fee is in the range of 20,000 INR to 2,50,000 INR according to the enrolled University.

Eligibility

  • In India, there are different methods and entrance exams of admission in different Universities and Institutions but to pursue of Online MBA in Data Science, the student must have the minimum qualification of 3 3-year Bachelor’s degree or in the final year of a bachelor’s course.
  • Students must have 50% aggregate marks or above in the general category while 45% aggregate marks or above in the reserved category to pursue the degree of Online MBA in Business Intelligence and Analytics.
  • Criteria may vary according to the choice of institute and University.
  • Students require the following essential documents:
  1. Aadhar Card
    2. 10thMarksheet
    3. 12th or Equivalent Marksheet
    4. Graduation Marksheet(if you have)
    5. University/Institute Transfer Certificate
    6. Migration Certificate
    7. Caste Certificate(If required)
    8. Any other degree Certificate(If you have)

Admission Process in Data Science

Easy and flexible process, students do not need to present at any Institute or University, they just have to go to the University website, fill out the application form on the portal, select Online MBA in Data Science and upload all the necessary documents along with it.

Syllabus of Online MBA in Data Science

Semester-I

Semester-II

·    Financial Accounting

·    Business Communication

·    Marketing Management

·    Managerial Economics

·    Corporate Marketing

·    Operations Management

·    Professional Management

·    Business Analytics

·    Business Laws

·    Human Resource Management

·    Macroeconomics

·    Entrepreneurship

·    Elective-I

·    Elective-II

Semester-III

Semester-IV

·    Conflict Resolution and Management

·    Strategy Management

·    International Management

·    Elective-III

·    Elective-IV

·    Open Elective-I

·    Seminar or Summer Training

·    Professional Ethics

·    Brand Management

·    Management in Action Social Economics and Ethical Issues

·    Elective-V

·    Elective-VI

·    Open Elective-II

·    Project Work

Elective subjects are classified according to specialization choice.

Open electives are chosen by students according to personal interest.

Electives

·         Management Information System

·         Legal Aspects of Business

·         Programming in Data Science

·         Exploratory Data Analysis

·         Introduction to Machine Learning

·         Visualization

·         Advanced Machine Learning

·         Data Scraping

·         SQL for Data Science

·         Python for Data Science

·         Data Mining

·         Data Visualization

Books for MBA in Data Science in India

  • Data Science for Business: What you need to know about Data Mining and Data-Analytic Thinking
  • Principles of Econometrics
  • Big Data MBA: Driving Business Strategies with Data Science
  • Marketing Data Science: Modeling Techniques in Predictive Analytics with R and Python
  • Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die
  • Engineering Entrepreneurship from Idea to Business Plan
  • Data Smart: Using Data Science to Transform Information into Insight
  • Thinking with Data: How to Turn Information into Insights
  • Storytelling with Data
  • Effective Data Storytelling: How to Drive Change with Data, Narrative, and Visuals
  • From Big Data to Big Profits: Success with Data and Analytics
  • Big Data Demystified: How to Use Big Data, Data Science, and AI to Make Better Business Decisions and Gain Competitive Advantage

Scope of MBA in Data Science in India

  • Analyst: A person who collects, analyses, and gives required output from different data and information for resolving problems or for any specific purpose.
  • Business: Create or develop a business and its strategy by analyzing consumers and the market in mind to make more profit and value.
  • Data Scientist: A person who collects various data and information by mining process and stores to multiple sources for specific purpose.
  • Corporate Sector: MBA students have huge demand in the corporate sector because of their skill to make profit more and more in a competitive world.
  • Human Resource Manager: Being a manager is a leadership quality with responsibility required in the development of an organization and its human resources these skills and qualities are developed by the MBA in Data Science course.
  • Market Analyst: Each and every organization requires an analyst who can help to improve the profit of the organization by analysing market demand and various data to increase production more and more, MBA in Data Science helps to acquire these skills.
  • Strategic Specialist: The growth of an organization depends upon market and profit-making which cannot be done without any strategy, course Data Science course enriches students with these tools and technology that help to develop skills of strategy making and presenting.

Salary after MBA in Data Science in India

An MBA in Data Science opens opportunities in various sectors and organizations in different professions. The average salary after an MBA in Data Science in India is around INR 13LPA which varies according to job role and working position.

Other Specialization of Online MBA

Integrated Marketing

Healthcare Management

FinTech

Finance

Business Analytics

Advertising and Branding

Marketing

E-Commerce

Entrepreneurship

Information Technology Management

Banking

Leadership

Information System Management

International Business

Equity Research

Digital Marketing

International Finance

Business Intelligence

Human Resource Management

Project Management

Logistics

Operation Management

Supply Chain Management

Digital Finance

Other Mode of MBA in Data Science in India

MBA in Data Science is categorized depending upon the mode of education, there are several other modes except Online MBA which include:

  • Regular Courses

Regular MBA in Data Science Courses are offered by a wide variety of Universities and Institutions that offer regular 2-year post-graduate courses, divided into four to six semesters of MBA, they provide placement in top companies across the world having an average cost of pursuing a regular MBA in Data Science in India is INR 5LPA, It varies depending upon University and Institute. Pursuing a full-time MBA in Data Science in India is between 2,00,000 INR to 25,00,000 INR depending upon the Institute or University.

  • Distance Courses

By visualizing market demand many University provides distance courses in MBA in Data Science in India which is designed to provide ease to working professionals to seek an MBA in Data Science degree along with Jobs to grow in career and achieve life goals having pursuing cost is around INR 2LPA in India. Fees for pursuing a part-time MBA in Data Science in India are in the range of 40,000 INR to 1,50,000 INR depending upon the Institution’s choice.

  • 1 Year Courses

It is gaining popularity in recent times, mainly by working professional who needs a master’s degree in Data Science for career development and promotion. So they can seek an MBA in Data Science degree while working and advancing in their life and salary in a one-year program.

Colleges for Data Science in India

Indian Institute of Management (IIMs):-

Indian Institute of Management (IIMs) is India’s top Management Business School in India that offers an MBA in Data Science course which is established by the government, based on the recommendation of the Planning Commission of India, which offers 2-year MBA program in Data Science fees is about 21 lakhs to 27 lakhs for 2-year post-graduate program depending upon Institute and specialization.

University

Established

Tution Fees+Hostel Charges

IIM Calcutta

1961

INR 27L

IIM Ahmedabad

1961

INR 19L

IIM Bangalore

1973

INR 25L

IIM Lucknow

1984

INR 21L

IIM Indore

1996

INR 22L

IIM Kozhikode

1996

INR 21L

IIM Shillong

2007

INR 13L

IIM Raipur

2010

INR 16L

IIM Ranchi

2010

INR 18L

IIM Rohtak

2010

INR 20L

IIM Kashipur

2011

INR 19L

IIM Tiruchirappalli

2011

INR 20L

IIM Udaipur

2011

INR 21L

IIM Amritsar

2015

INR 18L

IIM Bodh Gaya

2015

INR 17L

IIM Nagpur

2015

INR 18L

IIM Sambalpur

2015

INR 18L

IIM Sirmaur

2015

INR 16L

IIM Vishakhapatnam

2015

INR 18L

IIM Jammu

2016

INR 18L

IIM Mumbai

2023

INR 21L

There are several other Central and state government-owned Universities, IITs, and NITs which provide degrees in MBA in Data Science by entrance exams. There are also several other Universities providing MBA in Data Science courses in India, and all these universities are UGC recognized as having good NAAC ratings with good facilities, professors, teaching tools, and technology. Above these are categorized on the basis of Authorization while,

  • Private University:-

There are several privately UGC recognized Universities with better infrastructure, tools, facilities, and professional professors, that provide MBA in Data Science Courses in India which includes top Universities such as:

University

NIRF

Location

Symbosis Institute of Business Management

17

Maharashtra

SVKM’s Narsee Monjee Institute of Management Studies

21

Maharashtra

Amity University

28

Uttar Pradesh

Amrita Vishwa Vidyapeetham

30

Tamil Nadu

Lovely Professional University

32

Punjab

Chandigarh University

36

Punjab

Anna University

49

Tamil Nadu

Graphic Era University

65

Uttarakhand

Manipal University Jaipur

79

Rajasthan

Jain University

85

Karnataka

Uttaranchal University

NA

Uttarakhand

Popular Exams for Admission in Top Universities in India

  • CAT (Common Admission Test)

It is a very famous MBA in Data Science entrance exam in India conducted by the Indian Institutes of Management, which notification comes in the month of July-August for admission in top universities based on the result of this examination.

  • GMAT (Graduate Management Admission Test)

Graduate Management Admission Council conducts the Graduate Management Admission Test for admission to an MBA in Data Science for national and foreign institutes where Candidates can appear 5 times a year for this test.

  • XAT (Xavier Aptitude Test)

Xavier School of Management, Jamshedpur conducts the XAT exam in month of January for admission to in MBA in Data Science, which is accepted in many management universities and institutes.

  • MAT (Management Aptitude Test)

All India Management Association conducts the popular national-level entrance exam MAT for admission to an MBA in Data Science in different Management institutions and Universities across India which is conducted 4 times in a year, i.e. February, May, September, and December.

  • CMAT (Common Management Admission Test)

National Testing Agency conducts the popular national entrance test CMAT for admission to top Universities in April for pursuing an MBA in Data Science.

Other Specialization of Online MBA

Conclusion

Online MBA in Data Science courses provides a wide variety of career opportunities, and deep subject knowledge which helps for working in both public as well as private sector. This article helps to inform students about Online MBA in Data Science courses, and Universities, and the benefits of it in different sectors and organizations. MBA in Data Science Program has better present and future scope all over the world within top organizations and helps in financial growth, skills, and many more.

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