{"id":7638,"date":"2023-05-22T15:55:57","date_gmt":"2023-05-22T10:25:57","guid":{"rendered":"https:\/\/blog.iilm.edu\/?p=7638"},"modified":"2023-05-22T15:55:57","modified_gmt":"2023-05-22T10:25:57","slug":"mba-business-analytics-career-salary-job-eligibility-fees-2023","status":"publish","type":"post","link":"https:\/\/iilm.edu\/blog\/mba-business-analytics-career-salary-job-eligibility-fees-2023\/","title":{"rendered":"MBA Business Analytics Career, Salary, Job, Eligibility, Fees &#8211; 2023"},"content":{"rendered":"<style>\n  .toc-section {\n    border: 1px solid #ccc;\n    padding: 10px;\n  }\n  .toggle-button {\n    color: #000000;\n    border: none;\n    padding: 6px 10px;\n    cursor: pointer;\n    border-radius: 4px;\n    font-size: 16px;\n  }\n  .hidden {\n    display: none;\n  }\n  .toc-list {\n    list-style: none;\n    padding: 0;\n    color: white; \/* Contents text color *\/\n  }\n  .toc-item a {\n    color: rgb(0, 0, 0); \/* Hide\/Show text color *\/\n    line-height: 2;\n    font-family: 'Gill Sans', 'Gill Sans MT', Calibri, 'Trebuchet MS', sans-serif;\n    font-weight: 550;\n    font-size: 18px\n  }\n  .toc-item a:hover {\n    color:38b6ff;\n    text-decoration: underline;\n  }\n  <\/style>\n<p>    <button>CONTENTS [hide]<\/button><\/p>\n<ul>\n<li><a href=\"#1\">What is MBA Business Analytics<\/a><\/li>\n<li><a href=\"#2\">How Buseinss Analytics helps companies<\/a><\/li>\n<li><a href=\"#3\">What will you learn in Business Analytics<\/a><\/li>\n<li><a href=\"#4\">MBA Business Analytics Salary<\/a><\/li>\n<li><a href=\"#5\">Scope in Business Analytics<\/a><\/li>\n<li><a href=\"#6\">MBA Business Analytics Eligibility<\/a><\/li>\n<li><a href=\"#7\">Business Analytics top recruiters<\/a><\/li>\n<li><a href=\"#8\">Job Roles in Business Analytics<\/a><\/li>\n<li><a href=\"#9\">Fee &#038; Scholarship<\/a><\/li>\n<\/ul>\n<h2 id=\"what-is-mba-business-analytics\">What is MBA Business Analytics:<\/h2>\n<p>MBA in Business Analytics combines business management with data analysis. It assists businesses in assessing their performance, locating areas for improvement, and making data-driven decisions to achieve their objectives.\u00a0<\/p>\n<p>It serves as a map and compass to steer the corporate ship towards goals, avoid dangers, and make the most use of resources.\u00a0<\/p>\n<p>With every passing day, the markets are becoming more and more competitive. The company has to stay updated with all the happenings in the industry as well as within the company, so that\u2019s where a Business analyst comes in. An MBA in business analytics can help companies gain valuable insights into their operations, customers, and markets. With these insights, businesses can identify areas for improvement, optimize processes, and make informed decisions that can drive growth and success.<\/p>\n<p>IILM has been preparing students to become great business analysts for the past 10 years.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1280\" height=\"720\" src=\"http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/aws-1280x720.webp\" alt=\"\" loading=\"lazy\" srcset=\"http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/aws-1280x720.webp 1280w, http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/aws-300x169.webp 300w, http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/aws-768x432.webp 768w, http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/aws-1536x864.webp 1536w, http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/aws-2048x1152.webp 2048w, http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/aws-640x360.webp 640w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<h2 id=\"how-business-analytics-help-companies\">How Business Analytics Help Companies:<\/h2>\n<p>Do you know, all the digital services like Netflix, Zomato, Amazon Shopping, Make My Trip, etc. that we are using today, are running on cloud services that are provided by Amazon. But have you ever wondered how come Amazon became a monopoly in providing cloud services despite IT giants like Google, Microsoft, etc. in the market? The company gives all its thanks to <a href=\"https:\/\/application.iilm.edu\/blog\/lp\/mba-business-analytics.html\">business analytics<\/a>.<\/p>\n<p>Amazon did market research, studied the pattern of technological advancement, and identified the growth potential in the market for cloud services. They launched AWS, and it became an instant hit in the market, and today AWS contributes a significant amount of revenue to the company.\u00a0<\/p>\n<p>This is just one example of how \u201cBusiness Analytics\u201d skyrocketed the growth of a company and gave them a competitive edge in the market.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1280\" height=\"720\" src=\"http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/topics-in-business-analytics-1280x720.jpg\" alt=\"\" loading=\"lazy\" srcset=\"http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/topics-in-business-analytics-1280x720.jpg 1280w, http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/topics-in-business-analytics-300x169.jpg 300w, http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/topics-in-business-analytics-768x432.jpg 768w, http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/topics-in-business-analytics-1536x864.jpg 1536w, http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/topics-in-business-analytics-2048x1152.jpg 2048w, http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/topics-in-business-analytics-640x360.jpg 640w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<h2 id=\"what-will-you-learn-in-mba-business-analytics\">What will you learn in MBA Business Analytics:<\/h2>\n<p>Here are a few key skills that you\u2019ll learn in this course and how these skills will help you grow an organization.<\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Data Analytics:<\/b> It helps you make more logical and data-driven decisions, for example, a tea stall chain owner can use data analytics to identify places with more customer footfalls, do customer segmentation &amp; design its services accordingly, etc.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Predictive analytics:<\/b> This course teaches you how you can logically predict\/estimate\/calculate the future of the market or how your product or service will perform in the market in the upcoming years.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Data Management and Security<\/b>: Business analytics is all about the data, so it is very important to not let your customers&#8217; data get into the wrong hands and keep it updated and safe.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Big Data Analytics<\/b>: Here you\u2019ll learn how to work with huge data sets with the help of software like Hadoop, Spark, NoSQL databases, etc.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Statistics<\/b>: Understanding statistical concepts, hypothesis testing, and regression analysis to extract insights from data.<\/li>\n<\/ol>\n<p><b>Industry Experience<\/b>: Being one of the best MBA universities in India, IILM is dedicated to equipping its graduates with relevant industry skills and preparing them for upcoming challenges.<\/p>\n<h2 id=\"mba-business-analytics-salary\">MBA Business Analytics Salary:<\/h2>\n<style>\n    table {<br \/>        border-collapse: collapse;<br \/>        width: 100%;<br \/>    }<br \/>    th, td {<br \/>        padding: 8px;<br \/>        text-align: left;<br \/>        border-bottom: 1px solid #ddd;<br \/>    }<br \/>    th {<br \/>        background-color: #f2f2f2;<br \/>    }<br \/>    tr:nth-child(even) {<br \/>        background-color: #f9f9f9;<br \/>    }<br \/><\/style>\n<table>\n<thead>\n<tr>\n<th>\n<h3 id=\"year\">Year<\/h3>\n<\/th>\n<th>\n<h3 id=\"highest\">Highest<\/h3>\n<\/th>\n<th>\n<h3 id=\"average\">Average<\/h3>\n<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>2021<\/td>\n<td>16 LPA<\/td>\n<td>8 LPA<\/td>\n<\/tr>\n<tr>\n<td>2022<\/td>\n<td>18 LPA<\/td>\n<td>8 LPA<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 id=\"scope-in-business-analytics\">Scope in Business Analytics:<\/h2>\n<p>The company\u2019s thirst for skilled \u201cbusiness analysts\u201d will never end. Because in today\u2019s digital landscape, everyone is continuously generating their data footprints, which companies use to precisely recommend the most relevant products\/services to them. None of these recommendations can be made without the involvement of a business analyst, who can collect the data and extract useful insights from it.<\/p>\n<p>Other than just making recommendations, a business analyst has huge scope in predictive analysis, risk analysis, operation analysis, financial analysis, and much more.<\/p>\n<p>Further in the article, we\u2019re going to talk more about the job roles that business analysts get offered.<\/p>\n<h2 id=\"eligibility-for-mba-business-analytics\">Eligibility for MBA Business Analytics:<\/h2>\n<p>To be eligible for admission, applicants should have a bachelor&#8217;s degree from a UGC-recognized university or equivalent institution, with a minimum aggregate score of 50% or an equivalent grade (CGPA\/CPI, etc.). Candidates in their final year of the bachelor&#8217;s degree program can also apply, but they must provide the final year degree certificate\/mark sheet later. Admission for these candidates will be provisional until they submit valid proof of passing the bachelor&#8217;s degree examination with the required percentage of marks before the prescribed last date. Failure to do so will result in the automatic withdrawal of admission without further notice.<\/p>\n<p>Applicants should have valid test scores in one of the following national-level tests conducted in the current year: CAT (conducted by IIMs), XAT, MAT, NMAT, CMAT, or GMAT. It&#8217;s important to note that IIMs and XLRI have no involvement in the selection process or the program&#8217;s conduct. GMAT scores are valid for 5 years, so please ensure that your scores remain valid until the enrollment date specified in the schedule.<\/p>\n<h3 id=\"business-analytics-top-recruiters\">Business Analytics Top Recruiters:<\/h3>\n<figure><img decoding=\"async\" src=\"http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/2.webp\" alt=\"2\" \/><\/figure>\n<figure><img decoding=\"async\" src=\"http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/3.webp\" alt=\"3\" \/><\/figure>\n<figure><img decoding=\"async\" src=\"http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/4.webp\" alt=\"4\" \/><\/figure>\n<figure><img decoding=\"async\" src=\"http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/5.webp\" alt=\"5\" \/><\/figure>\n<figure><img decoding=\"async\" src=\"http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/6.webp\" alt=\"6\" \/><\/figure>\n<figure><img decoding=\"async\" src=\"http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/7.webp\" alt=\"7\" \/><\/figure>\n<figure><img decoding=\"async\" src=\"http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/8.webp\" alt=\"8\" \/><\/figure>\n<figure><img decoding=\"async\" src=\"http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/9.webp\" alt=\"9\" \/><\/figure>\n<figure><img decoding=\"async\" src=\"http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/10.webp\" alt=\"10\" \/><\/figure>\n<figure><img decoding=\"async\" src=\"http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/11.webp\" alt=\"11\" \/><\/figure>\n<figure><img decoding=\"async\" src=\"http:\/\/localhost:8080\/custom\/wp-content\/uploads\/2023\/05\/1.webp\" alt=\"1\" \/><\/figure>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tPrevious<br \/>\n\t\t\t\t\t\t\t\t\t\t\t\tNext<\/p>\n<h2 id=\"job-roles-offered-after-doing-mba-in-business-analytics\">Job Roles Offered after doing MBA in Business Analytics:<\/h2>\n<p>IILM has been conducting student placements for MBA students for a very long time, and being an integral part of this organization, I feel myself to be the most eligible person to answer this question. So here\u2019s the complete breakdown of all the various job profiles offered in different profiles:<\/p>\n<h4 id=\"finance-profile\">Finance Profile<\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Financial Analyst<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Risk Analyst<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Financial Consultant<\/li>\n<\/ul>\n<h4 id=\"marketing-profile\">Marketing Profile<\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Marketing Analytics Manager<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Customer Analytics Manager<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Product Manager<\/li>\n<\/ul>\n<h4 id=\"sales-profile\">Sales Profile<\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Sales Analyst<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Business Development Manager<\/li>\n<\/ul>\n<h4 id=\"digital-marketing\">Digital Marketing<\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Digital Marketing Analyst<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">SEO Analyst<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Social Media Analyst<\/li>\n<\/ul>\n<h4 id=\"human-resources-hr\">Human Resources (HR)<\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">HR Analytics Specialist<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Talent Acquisition Analyst<\/li>\n<\/ul>\n<h4 id=\"general-management\">General Management<\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Operations Manager<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Strategy Manager<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Business Intelligence Manager<\/li>\n<\/ul>\n<h2 id=\"mba-business-analytics-fee-scholarship\">MBA Business Analytics Fee &amp; Scholarship:<\/h2>\n<p>MBA Business Analytics Fee: IILM is known to have a competitive and justified fee structure, along with various scholarship programs to support the students who deserve it. Here\u2019s the complete breakdown of the fee structure for the MBA in Business Analytics.<\/p>\n<style>\n    table {\n        border-collapse: collapse;\n        width: 100%;\n    }\n    th, td {\n        padding: 8px;\n        text-align: center;\n        border: 1px solid #ddd;\n    }\n    th {\n        background-color: #f2f2f2;\n    }\n    tr:nth-child(even) {\n        background-color: #f9f9f9;\n    }\n<\/style>\n<table>\n<tbody>\n<tr>\n<td><\/td>\n<td>\n<h3 id=\"fee\">Fee<\/h3>\n<\/td>\n<td>\n<h3 id=\"total\">Total<\/h3>\n<\/td>\n<\/tr>\n<tr>\n<td>Year 1<\/td>\n<td>5.4 Lakh<\/td>\n<td rowspan=\"2\">10.8 Lakh<\/td>\n<\/tr>\n<tr>\n<td>Year 2<\/td>\n<td>5.4 Lakh<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3 id=\"scholarship\">Scholarship:<\/h3>\n<p>MBA students can get 10-40% of fee concession at IILM University here\u2019s the detail about the scholarships:<\/p>\n<style>\n    table {\n        border-collapse: collapse;\n        width: 100%;\n    }\n    th, td {\n        padding: 8px;\n        text-align: left;\n        border: 1px solid #ddd;\n    }\n    th {\n        background-color: #f2f2f2;\n    }\n    tr:nth-child(even) {\n        background-color: #f9f9f9;\n    }\n<\/style>\n<table>\n<tbody>\n<tr>\n<td>\n<h3 id=\"percentage\">Percentage<\/h3>\n<\/td>\n<td>\n<h3 id=\"eligibility\">Eligibility<\/h3>\n<\/td>\n<\/tr>\n<tr>\n<td>40%<\/td>\n<td>80% in 12th + 70% in bachelor + 700 in MAT or 300 in CMAT or 240 in NMAT<\/td>\n<\/tr>\n<tr>\n<td>20%<\/td>\n<td>CAT\/XAT percentile between 71 to 79<\/td>\n<\/tr>\n<tr>\n<td>10%<\/td>\n<td>60% above in B.Tech. or B.E.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>CONTENTS [hide] What is MBA Business Analytics How Buseinss Analytics helps companies What will you learn in Business Analytics MBA Business Analytics Salary Scope in Business Analytics MBA Business Analytics Eligibility Business Analytics top recruiters Job Roles in Business Analytics Fee &#038; Scholarship What is MBA Business Analytics: MBA in Business Analytics combines business management [&hellip;]<\/p>\n","protected":false},"author":282,"featured_media":7659,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[114],"tags":[],"class_list":["post-7638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-career-development-placement"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MBA Business Analytics Career, Salary, Job, Eligibility, Fees - 2023<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/iilm.edu\/blog\/mba-business-analytics-career-salary-job-eligibility-fees-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MBA Business Analytics Career, Salary, Job, Eligibility, Fees - 2023\" \/>\n<meta property=\"og:description\" content=\"CONTENTS [hide] What is MBA Business Analytics How Buseinss Analytics helps companies What will you learn in Business Analytics MBA Business Analytics Salary Scope in Business Analytics MBA Business Analytics Eligibility Business Analytics top recruiters Job Roles in Business Analytics Fee &#038; 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