MBA in Data Science Course: Admission 2024, Fees, Syllabus, Exams, Top Colleges & Career

Updated on Sep 29, 2022 05:55 IST
Vikram Singh

Vikram SinghAssistant Manager - Content

 

The MBA in Data Science is rapidly becoming a highly coveted specialization in management to leverage data effectively in a business context. As industries increasingly adopt technology and scientific methods for their operations, the ability to assess and manage data has become crucial. This professional program equips individuals with the skills to drive business innovations through data.
Data science merges various disciplines, including Statistics, Mathematics, Information Science, Computer Science, Artificial Intelligence, and Machine Learning. This makes the MBA in Data Science particularly suitable for those with an Engineering or Technical background.
By 2025, it's projected that the world will generate 463 exabytes of data daily, highlighting the growing demand for skilled data science experts and managers. Key sectors offering career opportunities in Data Science include IT, e-commerce, Healthcare, Manufacturing, and BFSI (Banking, Financial Services, and Insurance). This article provides comprehensive details about the MBA in Data Science, including eligibility criteria, admission processes, course content, syllabus, top colleges, career prospects, potential salaries, and recruiters.

Also Read: Data Science – Career & Future Scope

What is Data Science?

Data science transforms vast amounts of data into actionable insights and informed predictions. It's the art of deciphering complex data sets to guide decision-making and forecast future trends.
Imagine data science as a form of investigative work. Data scientists gather, scrutinize, and interpret data to uncover answers to critical questions. Their analyses range from identifying consumer purchasing trends to detecting health-related patterns that could aid in disease prevention.
At its core, data science aims to mine data for valuable insights, enabling informed decisions based on predictive analysis. This rapidly evolving field is pivotal across various sectors.
Data science encompasses several key activities, including:

  • Define the Problem
  • Collect and Clean Data
  • Explore and Visualize Data
  • Model and Analyze Data
  • Communicate Result
  • Implement and Evaluate Result

Also Read:

MBA in Data Science Highlights

Given below are the key highlights of the MBA in Data Science course:

Features

MBA in Data Science Details

Degree Name

MBA in Data Science

Degree Type

Postgraduate

Course duration

2 years

Education modes

Full-time, part-time, online and distance learning modes

Eligibility criteria

Bachelor’s degree in any stream

Admission process

Entrance exam

+

GD/PI

Course fee

INR 1 lakh to INR 15 lakh and above

Average salary

INR 8 Lakh Per Annum (LPA)

Job profiles

Risk Analyst, Business Analyst, Data Analyst, Data Scientist, Stock Analyst, Project Manager

Explore and Compare Top Data Science Courses in the World

 

MBA in Data Science Eligibility Criteria

  • The basic eligibility criteria to pursue an MBA in Data Science is graduation. However, since Data Science is all about data crunching, having an academic background in Mathematics, Statistics, Information Science, Computer Science, Artificial Intelligence and Machine Learning will be valuable.
  • Some of the MBA programs in data science colleges have minimum score criteria of 50 percent aggregate in graduation.

MBA in Data Science Skill Set

Apart from academic eligibility, one must have a flair for Data Science, as it is a niche and a highly specialised field. Some of the skill sets, one must possess for an MBA in Data Science are listed below:

  • Strong base in Mathematics and Statistics
  • Analytical thinking
  • Critical thinking
  • Interpretive skills
  • Communication skills
  • Problem-solving skills
  • Team management
  • Decisive
  • Adaptive
  • Eye for detail

MBA in Data Science Entrance Exams & Admission

The MBA in Data Science admission process include an entrance exam, Group Discussion (GD) and Personal Interview (PI). Given below are some of the top national-level MBA entrance exams for MBA in Data Science:

 Entrance Exams for MBA in Data Science

CAT

IBSAT

MAT

CMAT

XAT

ATMA

NMAT

SNAP

Admission process of MBA in Data Science course is same as the MBA General course. The institutes shortlist candidates for Group Discussion (GD) and Personal Interview (PI) on the basis of an entrance exam score. Admission criteria includes academic record (class 10, 12 & graduation), entrance exam score, performance in the GD/PI round and work experience (not mandatory).

MBA in Data Science Syllabus

The MBA in Data Science syllabus includes general management subjects, business analytics and technical topics such as Machine Learning, Spreadsheet Modelling, Data Visualisation, etc. Given below are the topics commonly included in the MBA in data science course:

Syllabus for MBA in Data Science

Semester I

Semester II

Business Communication

Corporate Finance

Managerial Economics

Human Resource Management

Financial Accounting

Operations Management

Marketing Management

Statistical Modelling

Organisational Behaviour

Data Visualisation

Statistics for Business: Decision Science I

Spreadsheet Modelling II

Introduction to Business Analytics

Introduction to Machine Learning

Spreadsheet Modelling I

--

Semester III

Semester IV

Advanced Machine Learning

Supply Chain Analytics

Natural Language Processing

HR Analytics

Web & Social Media Analytics

Marketing Analytics

Finance and Risk Analytics

Capstone Project

Healthcare Analytics

--

Deep Learning I

--

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Top MBA in Data Science Colleges in India

Given below are some of the popular colleges in India offering an MBA in Data Science programme along with the course fee:

MBA in Data Science Colleges

MBA in Data Science Course Fee (INR)

Amity University Online

4.50 lakh

Kirloskar Institute of Advanced Management Studies

5.25 lakh

Symbiosis Centre for Information Technology, Pune

12.20 lakh

KJ Somaiya Institute of Management

16.29 lakh

Indian Statistical Institute, Kolkata

24.00 lakh

Fore School of Management, Delhi 

15.98 lakh

Christ University

2.75 lakh

IIM Calcutta

4.00 lakh

MET Institute of Software Development and Research

1.20 lakh

Goa Institute of Management

18.07 lakh

 Also Read:

MBA in Data Science Career Prospects: Jobs and Salary

Data Science jobs are highly responsible roles that require excellent analytical and data interpretation skills and knowledge of the latest technology and tools. Since it is a highly specialised job and critical to the good health of a business enterprise, the remuneration offered is also high. Given below are the Data Science job roles and average salaries:

MBA in Data Science Job Roles

MBA in Data Science Average Salary (INR)

Data Science Manager

21 LPA

Data Architect

19 LPA

Product Manager

17 LPA

Data Science Consultant

10 LPA

Data Engineer

8.38 LPA

Product Analyst

6.20 LPA

Business Intelligence Analyst

5.94 LPA

Operations Research Analyst

4.00 LPA

Clinical Data Analyst

3.50 LPA

 

Check out data science interview questions to ace the interview round.

 

MBA in Data Science: Top Recruiters

The demand for MBA in data science graduates is high in sectors such as e-commerce, manufacturing, healthcare, banking and finance, transport and information technology. Some of the top recruiters are listed below:

Top MBA in Data Science Recruiters

1.       Amazon

2.       IBM

3.       Deloitte

4.       Accenture

5.       Fractal Analytics

6.       Citrix

7.       LinkedIn

8.       Myntra

9.       MuSigma

10.   Dexlock

11.   Flipkart

12.   Rudder Analytics

Also Read:

 

Check out data analytics interview questions to ace the interview round.

 

MBA in Data Science FAQs

Q: Which are the top B-Schools for MBA in Data Science?

A: The MBA in Data Science colleges in India include Amity University, Kirloskar Institute of Advanced Management Studies, Symbiosis Centre for Information Technology-Pune, KJ Somaiya Institute of Management, Indian Statistical Institute-Kolkata, Fore School of Management-Delhi, Christ University, IIM Calcutta, MET Institute of Software Development and Research and Goa Institute of Management.

Q: What is the eligibility criteria for MBA in Data Science?

A: The basic eligibility criteria for MBA in Data Science is graduation with 50 per cent aggregate or equivalent from a recognised university. The academic background should preferably be Mathematics, Statistics, Computer Science, Machine Learning, etc.

Q: What is taught in MBA in Data Science?

A: The MBA in Data Science course curriculum includes general business management subjects and Data Science topics such as Machine Learning, Statistical Modelling Advanced Machine Learning, Supply Chain Analytics, Natural Language Processing, Web & Social Media Analytics, Marketing Analytics, Finance and Risk Analytics and Spreadsheet Modelling, etc.

Q: What are the job roles offered to MBA in data science graduates?

A: Top job roles offered to Data MBA in data science graduates include, Science Manager, Data Architect, Product Manager, Data Science Consultant, Data Engineer, Product Analyst, Business Intelligence Analyst, Operations Research Analyst and Clinical Data Analyst.

Q: Which companies hire MBA in Data Science degree holders?

A: MBA in data science graduates are in high demand in IT, e-commerce, manufacturing, BFSI and infrastructure industries. Some of the top companies that hire MBA in data science degree holders include Amazon, Accenture, Citrix, Deloitte, Dexlock, Fractal Analytics, Flipkart, IBM, LinkedIn, MuSigma, Myntra and Rudder Analytics among others.

Q: What is the admission process for MBA in Data Science?

A: The admission process for MBA in Data Science colleges in India includes entrance exam, group discussion and personal interview. The academic criteria could vary for every institute.

Q: What is the average fees of MBA in Data Science course in India?

A: The average fees of MBA in Data Science course in India ranges between INR 1 lakh and INR 15 Lakh. The course fee of a government college is lower than that of a private college.

Q: I want to pursue MBA in Data Science. Do I need to clear an entrance exam for it?

A: Yes, to pursue MBA in Data Science, one needs to clear a national-level MBA entrance exam or a test conducted by the particular institute. Some of the national-level MBA entrance exams for MBA in Data Science include CAT, MAT, XAT, CMAT, NMAT, GMAT and SNAP.

Q: Does IIM offer MBA in Data Science?

A: IIMs do not offer MBA in Data Science. However, IIM Calcutta and IIM Kozhikode offer Data Science and Business Analytics courses but as certificate programmes.

Q: What is the course duration of MBA in Data Science?

A: The course duration of MBA in Data Science is same as that of MBA General, i.e. two years. Executive MBA in Data Science or PG programmes are usually of 11 to 15 months.

Q: I have a BTech Computer Science degree, can I go for MBA in Data Science?

A: Yes, MBA in Data Science is one of the best options for a BTech in Computer Science graduate to have a rewarding career in the present business environment.

Popular MBA in Data Science Colleges in India

Following are the most popular MBA in Data Science Colleges in India. Learn more about these MBA in Data Science colleges (Courses, Reviews, Answers & more) by downloading the Brochure.
0 - 42 L
15 - 19.63 LPA
47.8 K - 6.87 L
10.26 - 14.1 LPA
1 L - 15.5 L
3.6 - 9 LPA

Selected Applications open. Apply Now

20 K - 24 L
7.7 - 24 LPA

Popular Private MBA in Data Science Colleges in India

0 - 42 L
15 - 19.63 LPA
47.8 K - 6.87 L
10.26 - 14.1 LPA
1 L - 15.5 L
3.6 - 9 LPA

Selected Applications open. Apply Now

20 K - 24 L
7.7 - 24 LPA

Popular MBA in Data Science UG Courses

Following are the most popular MBA in Data Science UG Courses . You can explore the top Colleges offering these UG Courses by clicking the links below.

UG Courses

Popular MBA in Data Science PG Courses

Following are the most popular MBA in Data Science PG Courses . You can explore the top Colleges offering these PG Courses by clicking the links below.

PG Courses

Popular Exams

Following are the top exams for MBA in Data Science. Students interested in pursuing a career on MBA in Data Science, generally take these important exams.You can also download the exam guide to get more insights.

3 Dec ' 24 - 5 Dec ' 24

CAT 2024 answer key challenge

Dec '24

CAT 2024 result announcement

TENTATIVE

2 Dec ' 24 - 4 Dec ' 24

Karnataka PGCET Counselling Fee Payment and Admis...

30 Nov ' 24

Karnataka PGCET Counselling Final Seat Allotment ...

Jun '24

CT SET 2024 Counselling Start

TENTATIVE

Jun '24

CT SET 2024 Result

TENTATIVE

6 Nov ' 24 - 17 Dec ' 24

NMAT 2024 Retake Registration

1 Aug ' 24 - 17 Dec ' 24

NMAT 2024 Rescheduling Window

Important Exam Dates

DatesUpcoming Exam Dates

02 Dec '24 -

04 Dec '24

Karnataka PGCET Counselling Fee Payment and Admission Order Download - Round 2

ONGOING

03 Dec '24 -

05 Dec '24

CAT 2024 answer key challenge

ONGOING

07 Sep '24 -

07 Dec '24

MAT 2024 Registration Process PBT

ONGOING

15 Jul '24 -

10 Dec '24

XAT 2025 Exam registration

ONGOING

14 Nov '24 -

13 Dec '24

CMAT 2025 registration and application process

ONGOING

07 Sep '24 -

15 Dec '24

MAT 2024 Registration Process CBT 2

ONGOING

05 Nov '24 -

20 Dec '24

NMAT 2024 Exam Window

ONGOING
DatesPast Exam Dates

30 Nov '24

Karnataka PGCET Counselling Final Seat Allotment - Round 2

29 Nov '24

Karnataka PGCET Counselling Provisional Seat Allotment - Round 2

26 Nov '24 -

29 Nov '24

Karnataka PGCET Counselling Option Entry - Round 2

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