Career After MBA in Business Analytics: Jobs, Scope & Salary in India (Complete Guide)

When you look at how fast the business analytics world is expanding, it’s hard not to notice the opportunity in front of you. According to Randstad, the demand for business analysts is rising steadily, moving up the hiring charts across all levels. The role now ranks fourth in junior-level hiring (7.08%) and climbs to third at both middle (8.45%) and senior levels (7.10%).

This steady rise demonstrates how quickly companies are turning to data for every important decision. It also highlights the broad the scope of MBA in business analytics and the growing demand for business analytics professionals.

An MBA in Business Analytics is a strong career path if you want to help organisations make better business decisions.
This blog explores “MBA in business analytics scope and salary”. It also discusses popular jobs in this MBA.  

What is an MBA in Business Analytics?

An MBA in Business Analytics is a two-year programme that explores the data analytics components of running a business. It teaches you how to analyse data and use relevant tools to gain important insights for better business decisions. You should know that business analytics skills are of extreme importance in today’s market.

Why Choose an MBA in Business Analytics?

When you understand how to turn raw data into practical, smart decisions, you instantly become valuable in today’s job market. Businesses now rely on analytics to improve their strategies. These strategies help them stay competitive. With an MBA in Business Analytics, you gain skills that open doors across industries.

How business analytics matters today:

1. By predicting customer needs and their buying patterns.
2. In making daily business operations smoother and more efficient.
3. Assisting in designing sharper marketing campaigns.
4. Giving companies a competitive edge with insightful decisions based on business analytics.

What Skills Do You Need to Grow With an MBA in Business Analytics?

To make your mark with an MBA in business analytics, you must focus on developing technical strength and business sense. The following are some crucial skills that will help you succeed with an MBA degree in business analytics.

1. Analytical Mindset – the ability to break down problems and turn them into clear, workable solutions
2. Tech Proficiency – have technical expertise in tools and languages like Python, R, SQL, and Tableau
3. Clear Communication – to convey your ideas clearly
4. Strategic Thinking – the capability of gathering important insights that help businesses achieve their goals.

What is the Scope of an MBA in Business Analytics?

The scope of an MBA in business analytics is broad and diverse. You gain significant advantages with this degree. 

1. You learn how to read, interpret and work with huge datasets. Companies highly value these skills.
2. You can explore roles across finance, technology, retail, healthcare, consulting and more.
3. You position yourself for strong earning potential, as businesses actively invest in professionals with business analytics skills.

There are a variety of career options after MBA in business analytics. You can move into roles such as Business Intelligence Analyst, Project Manager and Data Analyst. Take a look below to find the popular jobs that you can explore after an MBA in business analytics.

Jobs and Career Options After MBA in Business Analytics

Some of the popular jobs after MBA in business analytics are listed for you to explore.

1. Business Analyst

As a Business Analyst, you study business problems and use data to suggest important solutions that help the company grow.

1. Data Analyst

The role of a Data Analyst requires you to work with numbers, organise raw data and turn it into insights that guide smart decisions.

1. Predictive Modeler

You work with advanced analytical tools such as SAS Viya and IBM SPSS to build reliable models. Business Intelligence platforms like Power BI and Tableau also help you create important forecasts. Together, these tools make it easier for companies to plan ahead rather than rely on guesswork.

1. Marketing Analyst

You analyse customer behaviour and campaign results to figure out what attracts people and what doesn’t. Doing this helps brands improve.

1. Technical Team Lead

With a few years of prior experience, you guide a team as a technical team lead, ensuring quality work and keeping projects running on time.

1. Financial Analyst

The role of a Financial Analyst demands that you analyse financial reports, markets and budgets to advise significant financial moves for the company.

1. Supply Chain Analyst

As a Supply Chain Analyst, you track inventory, logistics and delivery data to make business operations smoother and more cost-effective.

1. Operations Analyst

The Operations Analyst role requires you to examine internal business processes and suggest more efficient ways for the company to operate.

1. Risk Analyst

As a Risk Analyst, you identify possible risks and help protect the company from financial losses.

1. Big Data Analyst

You handle massive sets of unstructured data and find hidden patterns to support big business decisions.
Now, you must be curious to know about the MBA in business analytics salary in India. The next section discusses the same.
Also read “Unpacking the Benefits of Choosing Finance as Your B-School Specialisation”.

Top MBA Business Analytics Jobs and Salary

It is worth noting that the average starting salary range for MBA graduates in business analytics is INR 5 LPA to 7 LPA. The average salary range for professionals is INR 10 LPA to 17 LPA. However, you must note that the salary may vary significantly based on experience, location and company. Explore the table below to get an idea of the approximate salary according to the job roles.

Conclusion

If you have an analytical mindset and like solving problems, an MBA in business analytics can take you places. Companies today place a high value on professionals who have strong analytical potential. Choosing to step into this field with an MBA in Business Analytics, you’re placing yourself right where the demand is growing.

CMS Business School offers the best-in-class MBA in Business Analytics.

Explore the programme details today and apply to take your first step towards a rewarding career with limitless possibilities.

FAQs

Q1: Is it worth doing MBA in business analytics?

A1: Yes, pursuing an MBA in business analytics is a valuable option for students interested in analytics-focused roles. The programme offers knowledge and skills in business management and analytics, leading to lucrative jobs. Business analytics professionals are in high demand as companies become increasingly dependent on data analysis for various business purposes.   

Q2: What are the high-paying jobs after an MBA in business analytics?

A2: The highly paid jobs after MBA in business analytics are data scientist, business intelligence analyst and analytics manager. For instance, the average salary of a data scientist in India ranges from 10 to 18 LPA. Similarly, the average starting salary for a business intelligence analyst is 7 LPA.

Q3: What is the scope of MBA in business analytics?

A3: The scope of the MBA in business analytics is immense. Individuals can find job opportunities in various industries such as finance and healthcare. In addition, they can also consider roles in government and public sectors. Due to the ever-increasing dependency of businesses and companies on data analysis, the demand for professionals in the field of business analytics is rising tremendously.

Q4: Do business analytics roles require coding knowledge?

A4:Yes, most of the business analytics roles require coding. Tasks such as data manipulation and automation require coding knowledge.

Q5: What does a business analyst do daily?

A5: A business analyst's daily tasks involve gathering and analysing data as per the requirements of the business, documenting processes, and communicating between technical teams and stakeholders.