The average salary after an MBA in Business Analytics is USD 75,000 (INR 62 lakhs). By merging business strategy with data science, graduates gain a unique perspective to drive organisational growth.
An MBA in Business Analytics helps professionals with the ability to collect, analyse, and interpret complex data to make informed business decisions. Read this blog to learn how much you can earn after an MBA in Business Analytics.
Key Highlights :
- In India, the average salary for MBA graduates specialising in Business Analytics generally ranges from INR 12 Lakhs to 36 Lakhs.
- The average salary for MBA graduates specialising in Business Analytics abroad ranges from approximately USD 80,000 to USD 130,000 annually (INR 66 lakh to INR 1.07 crore).
- The cost of studying an MBA in Business Analytics abroad typically ranges from $40,000 to $120,000 (INR 33 lakh to INR 1 crore), while in India, it generally ranges between INR 10 lakh to INR 30 lakh.
- Top business schools for pursuing an MBA in Business Analytics abroad include MIT Sloan, Wharton, IIM Bangalore, and ISB Hyderabad.
- 1. Brief Overview of Salary After MBA in Business Analytics
- 2. Average Salary After MBA in Business Analytics in India vs Abroad
- 3. College-wise Salary Offered to MBA Graduates in Business Analytics
- 4. Top Companies Hiring for MBA in Business Analytics Graduates
- 5. Eligibility Criteria for MBA in Business Analytics in India vs Abroad
- 6. Benefits of Pursuing MBA in Business Analytics
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Brief Overview of Salary After MBA in Business Analytics
MBA graduates in Business Analytics can expect average starting salaries ranging from USD 80,000 to USD 120,000 (INR 67 Lakhs - INR 1.1 cr) annually abroad, while in India, it typically ranges from INR 8 to 20 lakh per annum. Salaries vary by location, industry, and experience, with higher figures in top tech and consulting roles.
An overview of salaries after MBA in Business Analytics is given below:
- Salary Range: Average entry-level salary is around 27 LPA, while experienced professionals can earn an average of INR 31 LPA.
- Key Factors Affecting Salary: Salaries vary based on job role, company, industry, region, skills, and experience level.
- Top Hiring Companies: Leading employers include Microsoft, Google, Tata Group, Facebook, LinkedIn, Wipro, and Infosys.
- High-Paying Roles: Lucrative roles include Marketing Manager, Financial Analyst, Business Intelligence Analyst, Management Consultant, and Operations Analyst.
- Industry Opportunities: Graduates have opportunities across sectors like marketing, finance, consulting, information technology, and operations.
Average Salary After MBA in Business Analytics in India vs Abroad
In India, entry-level positions after an MBA in Business Analytics typically start around INR 6 lakhs per year, while experienced professionals earn upwards of INR 15 lakhs annually. If you’re considering opportunities abroad, salaries can be higher, ranging from INR 12 lakhs to INR 30 lakhs, depending on the job role and country.
The average salary after an MBA in Business Analytics for various jobs is listed below:
|
Role |
Salary in India (INR) |
Salary Abroad (INR) |
|---|---|---|
|
Data Analyst |
11.6 LPA |
USD 60,000-USD 90,000/year or (INR 50 lakh - INR 75 lakh/year) |
|
Data Scientist |
15 LPA |
USD 90,000-USD 130,000/year INR 75 lakh - INR 1.07 crore/year |
|
Market Research Analyst |
8 LPA |
USD 70,000 - USD 100,000/year (INR 58 lakh - INR 83 lakh/year) |
|
Business Intelligence Expert |
7 LPA |
USD 85,000 - USD 120,000/year (INR 70 lakh - INR 99 lakh/year) |
|
Project Manager |
12 LPA |
USD 90,000- USD 140,000 (INR 75 lakh - INR 1.15 crore/year) |
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College-wise Salary Offered to MBA Graduates in Business Analytics
The average salary for MBA graduates specialising in Business Analytics varies by college. Top institutes like IIMs and IITs in India report salaries ranging from INR 32.79 LPA to INR 34.2 LPA, highlighting strong placement outcomes and competitive earning potential in this field.
India
|
Name of College |
Average Salary |
|---|---|
|
IIM Ahmedabad |
INR 32.79 LPA |
|
IIM Bangalore |
INR 33.89 LPA |
|
IIM Calcutta |
INR 34.2 LPA |
|
IIT Kharagpur |
INR 34.2 LPA |
|
Indian Statistical Institute, Kolkata |
INR 34.2 LPA |
Abroad
For MBA graduates in Business Analytics from top international universities, salaries generally range from USD 90,000 to USD 120,000 (INR 75 Lakhs to INR 1.01 Crore) annually. Leading institutions in the US and Europe, such as MIT, London Business School, and INSEAD, offer competitive placements with high earning potential.
|
Name of College |
Average Salary |
|---|---|
|
MIT Sloan School of Management |
USD 110,000 (INR 91 Lakhs) |
|
London Business School |
USD 100,000 (INR 83 Lakhs) |
|
INSEAD |
USD 95,000 (INR 79 Lakhs) |
|
University of Texas at Austin (McCombs) |
USD 92,000 (INR 76 Lakhs) |
|
UCLA Anderson School of Management |
USD 90,000 (INR 75 Lakhs) |
Suggested: All About MBA in Business Analytics Abroad
Top Companies Hiring for MBA in Business Analytics Graduates
Business analytics careers are growing rapidly in today's data-driven generations. Many MNCs and leading companies in India and worldwide are actively seeking professionals skilled in business analytics.
Here’s a list of some top organisations that frequently hire for these roles :
|
Companies in India |
Companies Abroad |
|---|---|
|
Tata Consultancy Services (TCS) |
Amazon |
|
Wipro |
|
|
Infosys |
Microsoft |
|
Cognizant |
Apple |
|
Accenture |
IBM |
|
Mu Sigma |
|
|
Deloitte |
McKinsey & Company |
Eligibility Criteria for MBA in Business Analytics in India vs Abroad
The Eligibility criteria for an MBA in Business Analytics generally require a bachelor’s degree, work experience of 2+ years, and scores that typically range from 650-730 on the GMAT, 315-330 on the GRE and 90-99 percentile on the CAT (India).
Strong analytical skills, English language proficiency (IELTS/TOEFL), and letters of recommendation are also typically required. Generally, a graduate degree with 50% marks and professional experience is what universities look for.
Eligibility Criteria
Eligibility criteria for MBA in Business Analytics in both India and abroad are discussed below:
|
India |
Abroad |
|---|---|
|
Bachelor's degree with at least 50% marks in aggregate from a recognized university/institute. If you belong to a reserved category (SC/ST/OBC), you may need only 45% marks. |
Bachelor’s degree with a minimum GPA (typically 3.0 on a 4.0 scale) from an accredited university. Some universities may have higher GPA requirements. |
|
You can graduate in any stream to be eligible. |
A quantitative or business-related UG degree is preferred |
|
You’ll need valid scores in national-level entrance exams like CAT, MAT, CMAT, or institution-specific exams are accepted |
GMAT or GRE scores are typically required. |
|
Work experience is not usually required but can strengthen your profile. |
2+ years of work experience required |
|
Language proficiency tests not needed |
Proficiency in English is required. Minimum TOEFL (usually 90+) or IELTS (usually 6.5+) scores are commonly needed if English isn’t your native language. |
Admission Requirements
Admission requirements for an MBA in Business Analytics include a bachelor's degree,( GMAT 650-730, GRE 315-330) or CAT (India) 90-99 percentile scores, and often 2-3 years of work experience. International programs also require IELTS/TOEFL for non-native English speakers with a resume, SOP, and recommendation letters.
The admission requirements for MBA in Business Analytics in both India and abroad are discussed below:
|
India |
Abroad |
|---|---|
|
Official transcripts from all previously attended institutions |
Official transcripts from all previously attended institutions |
|
Professional resume, CAT score and interview needed |
Professional resume, SOP, LOR, application essays |
|
Brief essay on motivations, goals, and reasons for pursuing MBA in Business Analytics |
Detailed SOP explaining career goals, motivation for Business Analytics, and alignment with program objectives |
|
Often 1-2 letters are required by top Indian institutes |
Typically, 2-3 letters from academic or professional contacts |
Suggested: A Guide to MBA in Business Analytics in USA
Benefits of Pursuing MBA in Business Analytics
An MBA in Business Analytics focuses on collecting, analysing, and interpreting complex data, and turning it into actionable insights. An MBA in Data Analytics will teach you to use data visualisation tools, statistical models, and machine learning techniques to drive business growth.
You should pursue an MBA in Business Analytics for the following reasons:
- High Demand: Businesses need professionals who can turn data into actionable insights, making you highly desirable.
- Career Growth: You can boost your prospects, salary, and leadership opportunities.
- Versatility: You can apply analytical skills across industries, functions, and geographies.
- Competitive Edge: You can stay ahead with expertise in data analysis and interpretation.
- Networking: You can connect with professionals and organisations leveraging business analytics.
- Personal Growth: You can enhance problem-solving, communication, and strategic thinking skills.
Benefits of Pursuing MBA in Business Analytics
An MBA in Business Analytics focuses on collecting, analysing, and interpreting complex data, and turning it into actionable insights. An MBA in Data Analytics will teach you to use data visualisation tools, statistical models, and machine learning techniques to drive business growth.
You should pursue an MBA in Business Analytics for the following reasons:
- High Demand: Businesses need professionals who can turn data into actionable insights, making you highly desirable.
- Career Growth: You can boost your prospects, salary, and leadership opportunities.
- Versatility: You can apply analytical skills across industries, functions, and geographies.
- Competitive Edge: You can stay ahead with expertise in data analysis and interpretation.
- Networking: You can connect with professionals and organisations leveraging business analytics.
- Personal Growth: You can enhance problem-solving, communication, and strategic thinking skills.
From the Desk of Yocket
With average salaries in India starting around INR 6 lakhs and reaching up to INR 30 lakhs, a career in business analytics can be rewarding. Schedule a consultation call with our Yocket experts, who will take you through our best plans and make all your dreams come true. Take the first step toward a successful future in business analytics with Yocket’s expert support today!
