MBA in Data Science: Course Fees, Eligibility, Admission, Syllabus, Top Colleges, Salary & Scope

Updated on Dec 10, 2024 01:17 IST
Rashmi Karan

Rashmi KaranManager - Content

The MBA in data science course 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 MBA in data science colleges, career prospects, potential salaries, and recruiters.

Also Read: Kick Start Your Career in Data Science without Coding Knowledge

Table of Contents
  1. What is Data Science?
  2. MBA in Data Science Highlights
  3. MBA in Data Science Eligibility Criteria
  4. MBA in Data Science Skill Set
  5. MBA in Data Science Entrance Exams & Admission
  6. MBA in Data Science Syllabus
    • 6.1 Semester 1: Core Management and Data Science Fundamentals
    • 6.2 Semester 2: Data Analysis and Machine Learning
    • 6.3 Semester 3: Advanced Data Science and Big Data
    • 6.4 Semester 4: Data Science in Business and Emerging Trends
  7. Top MBA in Data Science Colleges in India
  8. MBA in Data Science Career Prospects: Jobs and Salary
  9. MBA in Data Science: Top Recruiters
  10. MBA in Data Science FAQs

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 the Result

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, distance learning modes, and online MBA in data science

MBA in data science 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 MBA in data science salary

INR 8 Lakh Per Annum (LPA)

Job profiles

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

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 data science for MBA admission process includes 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

The admission process for an MBA in Data Science course is the same as the MBA General course. The institutes shortlist candidates for Group Discussion (GD) and Personal Interview (PI) based on an entrance exam score. Admission criteria include academic record (class 10, 12 & graduation), entrance exam score, GD/PI round performance, 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 Visualization, etc. Given below are the topics commonly included in the MBA in data science course:

Semester 1: Core Management and Data Science Fundamentals

Subject

Topics

Subtopics

Management Concepts

Business Environment

Business Functions, External Environment, SWOT Analysis

 

Organizational Behavior

Motivation, Leadership, Team Dynamics

 

Strategic Management

Corporate Strategy, Competitive Advantage, Strategy Formulation

Mathematics for Data Science

Linear Algebra

Vectors, Matrices, Eigenvalues and Eigenvectors

 

Probability & Statistics

Probability Distributions, Hypothesis Testing, Statistical Inference

Data Science Basics

Introduction to Data Science

Data Collection, Data Types, Data Wrangling

 

Data Preprocessing

Data Cleaning, Handling Missing Data, Data Transformation

Semester 2: Data Analysis and Machine Learning

Subject

Topics

Subtopics

Data Analysis Techniques

Exploratory Data Analysis (EDA)

Descriptive Statistics, Identifying Patterns

 

Data Visualization

Tools (Matplotlib, Seaborn, Tableau), Graphical Representations

Machine Learning I

Supervised Learning

Linear Regression, Logistic Regression, Decision Trees

 

Unsupervised Learning

K-Means Clustering, Principal Component Analysis, Hierarchical Clustering

 

Model Evaluation

Cross-validation, Bias-Variance Tradeoff, Performance Metrics

Business Analytics

Predictive Analytics

Forecasting, Time Series Analysis, Demand Forecasting

 

Data-driven Decision Making

KPIs, Data Interpretation, Decision Support Systems

Semester 3: Advanced Data Science and Big Data

Subject

Topics

Subtopics

Machine Learning II

Advanced Supervised Learning

SVM, Random Forest, Gradient Boosting, XGBoost

 

Neural Networks and Deep Learning

ANN, CNN, RNN, Backpropagation

 

Reinforcement Learning

Q-Learning, Policy Gradients, Applications in Business

Big Data Technologies

Hadoop Ecosystem

HDFS, MapReduce, YARN, Pig, Hive

 

Apache Spark

Spark RDDs, DataFrames, Spark MLlib

 

NoSQL Databases

MongoDB, Cassandra, Data Modeling in NoSQL

Advanced Business Analytics

Prescriptive Analytics

Optimization Models, Simulation Techniques

 

Business Intelligence 

BI Tools (Power BI, Tableau), Data Warehousing

Semester 4: Data Science in Business and Emerging Trends

Subject

Topics

Subtopics

Natural Language Processing

Text Mining and Sentiment Analysis

Tokenization, NLP Tools (NLTK, spaCy), Text Classification, Sentiment Analysis

 

Speech Recognition

Voice Data, Acoustic Models, Deep Learning for Speech Recognition

AI and Data Science in Business

AI for Business Solutions

Chatbots, Personalization, Recommendation Systems

 

Ethical AI and Data Science

Bias in AI, Fairness in Machine Learning, Ethical Implications

Data Science Capstone Project

Project Development & Presentation

Data Collection, Model Building, Final Report, Presentation to Stakeholders

Electives (Optional)

Blockchain and Data Science

Blockchain Fundamentals, Smart Contracts, Cryptography

 

Cloud Computing for Data Science

AWS, Azure, Google Cloud, Cloud-based Data Solutions

Top MBA in Data Science Colleges in India

Given below are some of the best colleges for 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

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, thus drawing professionals to take up an MBA in data science for working professionals. 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 your next data science interview.

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

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
1 L - 15.5 L
4.2

Selected Applications open. Apply Now

47.8 K - 6.87 L
11 - 14.1 LPA
20 K - 24 L
7.7 - 24 LPA

Popular Private MBA in Data Science Colleges in India

0 - 42 L
15 - 19.63 LPA
1 L - 15.5 L
4.2

Selected Applications open. Apply Now

47.8 K - 6.87 L
11 - 14.1 LPA
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.

19 Dec ' 24

CAT 2024 result announcement

3 Dec ' 24 - 5 Dec ' 24

CAT 2024 answer key challenge

25 Dec ' 24 - 10 Feb ' 25

MAH CET 20245 registration process

Mar '25

MAH MBA CET 2025

TENTATIVE

24 Dec ' 24 - 2 Mar ' 25

MAT 2024 Registration Process PBT (February)

24 Dec ' 24 - 9 Mar ' 25

MAT 2024 Registration Process CBT (February)

31 Jan ' 25 - 2 Feb ' 25

CMAT 2025 Answer Key Release and Challenge

25 Jan ' 25

CMAT 2025 exam date

Important Exam Dates

DatesUpcoming Exam Dates

31 Jan '25 -

02 Feb '25

CMAT 2025 Answer Key Release and Challenge

ONGOING

25 Dec '24 -

10 Feb '25

MAH CET 20245 registration process

ONGOING

24 Jan '25 -

21 Feb '25

TANCET 2025 Registration

ONGOING

24 Dec '24 -

02 Mar '25

MAT 2024 Registration Process PBT (February)

ONGOING

24 Dec '24 -

09 Mar '25

MAT 2024 Registration Process CBT (February)

ONGOING

09 Mar '25

MAT 2025 PBT (February)

Mar '25

MAH MBA CET 2025

TENTATIVE
DatesPast Exam Dates

13 Jan '25 -

17 Jan '25

NMAT 2024 Exam Window (second phase)

05 Jan '25 -

10 Jan '25

NMAT 2024 Registration Window (second phase)

21 Dec '24

SNAP 2024 session 3

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Answered 23 hours ago

The Bangalore Central Campus of Christ University offers a Bachelor of Science (B.Sc.) programme in Statistics and Data Science. This multidisciplinary curriculum is designed as a dual major that lasts three years, with the possibility of extending to a fourth year to obtain an honours degree. Stude

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Nidhi Kumari

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  • Eligibility: 10+2 or equivalent with at least 55% marks

  • Fee: ?75,000 per semester (For Indian Students)

  • Duration: 2 years

The BCA Data Science programme at Chandigarh University prepares students with foundational knowledge in data analytics, machine learning, and big data technologies. It fosters a re

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Nidhi Singh

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Answered 2 days ago

ASU MS in Data Science Analytics and Engineering course is eligible for an Optional Practical Training for up to 24 months. This work authorization period may help international students gain skills and experience in the U.S. To take admission to this course, the applicants must have a Bachelor's or

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Nishtha Shukla

Contributor-Level 6

Answered 5 days ago

Dear Kannamani,

If you're interested in pursuing a career in Artificial Intelligence (AI) and Data Science, several entrance exams can help you gain admission to reputable institutions. Here are some options:

  1. GATE (Graduate Aptitude Test in Engineering):

    • Conducted by IITs, GATE offers a paper in Data

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Ankit kumar

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Answered 6 days ago

Hello!

It seems like you're interested in pursuing an M.Tech degree in the AIDS (Artificial Intelligence and Data Science) stream, or something similar. To help you get started, M.Tech in AI and Data Science is offered by many universities, and each institution has its own eligibility requirements, e

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Manish Jaiswal

Contributor-Level 9

Answered a week ago

Yes, commerce students can also pursue an MBA in Data Science and Artificial Intelligence. This program is typically open to graduates from diverse academic backgrounds, as long as they meet the eligibility criteria, which usually include a bachelor's degree with a minimum percentage and qualifying

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Amit Saini

Contributor-Level 10

Answered a week ago

Pursuing an MBA in Data Science and AI with a commerce background can be a good option if you are interested in leveraging analytical and technical skills for business decision-making. Most MBA programs in this field are designed for diverse backgrounds and typically start with foundational courses

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81253636
Amit Saini

Contributor-Level 10

Answered a week ago

The University of Queensland fees for MS in Data Science is around INR 29 L for first-year. The table below includes complete first-yaer cost of stuyding MS in Data Science at the university:

Fees components

Amount (for 1 year)

Tuition & fees

INR 28,89,062

Hostel & Meals

INR 15,87,265

Insurance

INR 35,038

Transportation

INR 67,712

Application fee

INR 8,061

Student Services and Amenities Fee

INR 18,863

Housing Membership fee

INR 7,524

Housing Other Fees and Charges

INR 10,211

Acceptance Fee

INR 42,992

Mobile phone

INR 54,815

Total approximate fees

INR 47,21,543

78592280
Chandra Shekhar

Contributor-Level 10

Answered a week ago

IIIT Lucknow offers an MSc course in Data Science that is offered as a regular course lasting for two years. The course offers students knowledge on analyzing and using large ddataand use data tolls. To secure admission in the MSc data Science candidates must have a Bachelor's degree (BA /BSc /BStat

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Abhishek Rastogi

Contributor-Level 6

Answered a week ago

NTU Singapore BSc in Data Science and Artificial Intelligence is a 4 years bachelor's course for students. International students can pursue low cost BSc course in Data Science and Artificial Intelligence at the university. The table below includes the complete first-year cost of studying BSc in Dat

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Vikram Kumar

Contributor-Level 6

Answered 2 weeks ago

To be eligible for the M.Sc in Data Science at SASTRA University, the typical requirements are as follows:

 

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Samiksha Pendor

Contributor-Level 7

Answered 2 weeks ago

The University of Michigan offers an affordable MS in Data Science course to students. The duration of the course is 18 months and first-year cost is around INR 45.76 L. The table below includes complete first-year fees to study UMich MS in Data Science course:

Fees components

Amount (for 1 year)

Tuition & fees

INR 45,75,945

Hostel & Meals

INR 11,31,409

Insurance

INR 2,51,714

Transportation

INR 33,708

Mandatory Fees

INR 27,978

Books, Course Materials, Supplies

INR 1,10,899

Misc Personal

INR 5,75,058

Application Fee

INR 7,584

International Student Fee

INR 84,270

Total approximate fees

INR 67,98,565

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Aayush Kumar

Contributor-Level 6

Answered 2 weeks ago

To apply for the MS in Data Science programme at Columbia University, applicants must meet the following requirements:

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Misha

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Misha

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Kristu Jayanti College offers MSc in Data Science that lasts for two-years. The MSc course fee ranges as per the specialisations candidates wants to apply in.  The course fee for MSc in Data Science is around INR 1.20 lakh in first year and INR 1.25 Lacs in second year. Students need to pay the cour

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Abhishek Hazarika

Contributor-Level 8

Answered 2 weeks ago

No professional experience is required to get admission to Columbia University's MS in Data Science program. However, students are expected to have a strong academic background with prior coursework in subjects like calculus, linear algebra, and introductory programming. 

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Misha

Contributor-Level 10

Answered 2 weeks ago

The cost of the Master of Science in Data Science programme at Columbia University is approximately $51,680 (INR 44,70,560) per year. The duration of this programme is 18 months. Students should take living expenditures into account in addition to tuition, as these can greatly raise the total cost o

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Misha

Contributor-Level 10

Answered 2 weeks ago

Following are the application requirements for the MS in Data Science programme at Columbia University:

  • Online application
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  • GRE score (optional)
  • $85 non-refundable appl

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Misha

Contributor-Level 10

Answered 3 weeks ago

  • NIT Suratkhal
  • NIT Jalandhar
  • NIT Dehli

There are some other NITs but they don't offer Data Science courses exclusively. 

As for fee, it'll cost around 190000 per annum without hostel but it's different for every college. 

As for eligibility, you just need to really well in JEE mains.

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Abhignan bollam

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Raushan Piplani

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Himanshi Gupta

Contributor-Level 6

Answered 3 weeks ago

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Yatendra Shukla

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Answered 3 weeks ago

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Aashi Tiwari

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Aayushi Dhawan

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Rupali Singh

Contributor-Level 6

Answered 3 weeks ago

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Satyendra Rastogi

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