Top 6 Career Options After MBA in Business Analytics

An MBA in Business Analytics is a future-proof career where data, strategy, and decision-making intersect. As companies across all industries, like finance, healthcare, e-commerce, consulting, have become data-driven, the demand for experts who can take raw data and turn it into actionable insight is exploding.

MBA in Business Analytics job opportunities include high-impact positions like Data Scientist, Business Analyst, Supply Chain Analyst, Predictive Modeller, Big Data Analyst, and Technical Team Lead. These jobs after MBA in business analytics are not only intellectually stimulating but also well compensated. In India, the average salary after MBA in Business Analytics varies between ₹6 to ₹12 LPA, while premier jobs like Product Manager – Data or Data Scientist fetch packages in excess of ₹20–25 LPA.

Regardless of whether you’re excited to solve hard problems, drive operations, or lead digital transformation, this specialisation provides you with the skills to flourish in an era of data first.

MBA in Business Analytics: What Does It Entail?

Because the field of analytics is expanding, combining a management degree with the acquisition of analytical abilities can help you develop your profession. An MBA in Business Analytics will provide you with the following abilities:

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  Database design
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  Python and R
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  Survey/query software
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  SQL databases
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  Data visualisation
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  Effective Communication
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  Creative Thinking
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  Business intelligence and reporting software
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  Problem-solving skills
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  Industry Knowledge

You must hold a graduate degree in any discipline and pass the national eligibility examination for an MBA programme to be eligible for this course. After finishing your course, you will be able to enter one of three primary domains. Descriptive analysis, prescriptive analysis, and predictive analysis are the three types of analysis. Companies assign you to a position based on your qualifications, subject knowledge, and job experience. Every sector, from multinational corporations to e-commerce businesses, is eager to acquire an MBA with analytical abilities since it is the way of the future.

MBA in Business Analytics Job Opportunities

The quantity of data we have at our disposal is continually expanding, and making sense of it in order to derive useful insights and interpretations has become increasingly vital. This is where the field of business analytics comes into play. Business analytics is the study of large data using analytics, statistics, predictive analytics, and other optimisation tools and approaches to convey insights to relevant stakeholders.

Business analysts may assist a firm in making critical choices such as cost reduction, customer happiness, and profit enhancement. Let’s look at the many employment choices available after completing an MBA in Business Analytics program.

Data Analyst

A data analyst is a person who collects and analyses data based on sales figures, market research, logistics, and other factors. They use their technical knowledge to assure data quality and strive toward correctly processing and presenting it. As a result, the company is able to make informed business decisions.

The day-to-day responsibilities of a data analyst vary based on the business or speciality in question. To identify corporate goals, data analysts are frequently needed to collaborate with data scientists, IT teams, and management. The following are some of the most prevalent talents needed to work as a data analyst:

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  Database Querying Languages
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  Creative and Analytical Thinking
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  Data Visualization
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  Programming Languages (R/SAS)
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  Effective Communication
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  SQL Databases
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  Machine Learning
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  Advanced Microsoft Excel
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  Data Mining, Cleaning and Munging

Supply Chain Analyst

Improving an operation’s performance is one of a supply chain analyst’s main tasks. They accomplish this by determining the needs for a specific project and coordinating them with the rest of the team. Engineers and quality assurance specialists are required to test their new supply chain procedures, thus a supply chain analyst presents the facts to them. He or she also makes suggestions for how to improve performance, cut expenses, and keep track of inventories.

In India, the average income for a Supply Chain Analyst is ₹616,331.

Table Source: Payscale

You will like reading this: Why Should Business Owners Go for an MBA?

Business Analyst

Understanding changing business demands, assessing their impact, defining and analysing requirements, and documenting and fostering communication among all stakeholders are all tasks that business analysts accomplish. In India, the national average income for a Business Analyst is INR 9 to 10 Lakhs per annum. This industry has witnessed an increase in prospects in practically every discipline. Business Analytics has become a standard technique in the IT and corporate sectors.

The following are some of the skills needed to work as a Business Analyst:

1. Survey/query software

2. Statistical analysis software (e.g. R, SAS, SPSS, or STATA)

3. Python and R

4. SQL databases and database querying languages

5. Data visualisation

6. Database design

7. Business intelligence

8. Data mining

Technical Team Lead

A technical team lead is a professional who is in charge of leading a technical team in any organisation. Their primary responsibility is to guarantee that technological development is appropriately addressed, that products are of good quality, and that they are delivered on schedule. They’d need technical talents, as well as strong leadership and management abilities.

The typical annual pay is between ₹8.2 lakhs to ₹29.5 lakhs per annum for professionals with 6 to 18 years of experience.

Big Data Analyst

Importing, cleaning, converting, and analysing data are all tasks that the big data analyst must assist with in order to get insights and make decisions.

Business Intelligence Expert

The Business Intelligence Expert is in charge of the business organisation’s design, development, implementation, administration, and support mission.

Popular colleges offering MBA in Business Analytics

Different institutes/universities offer different types of Business Analytics courses. A list of major universities and business institutions that provide management courses in business analytics is provided below–

MBA in Business Analytics: Top Recruiters

The demand for Business Analytics or Data Analytics professionals is growing. There is a significant gap between available analytics positions and qualified people. Many multinational and transnational firms are hiring potential MBAs in Business Analytics.

The following is a list of some of the most well-known recruiters in the subject of business analytics:

• ✅Microsoft
• ✅Google
• ✅Wipro
• ✅HCL
• ✅Infosys
• ✅Genpact
• ✅Reliance
• ✅Accenture
• ✅WNS
• ✅Amazon
• ✅Facebook
• ✅Target
• ✅KPMG
• ✅IBM

Conclusion:

This concludes our discussion of job choices for those with a Business Analytics MBA. The subject is growing in popularity, and more firms are seeking MBA graduates with strong analytical skills. The speciality has a bright future. With time, the demand for professionals with a Business Analytics MBA has grown.