Decoding the Value of an MBA in Analytics From a Top-tier B-school - Mumbai

Data is often compared with oil in terms of its necessity. Peter Sondergaard, Senior Vice President and Global Head of Research at Gartner, Inc, however, has a different spin on it. Hesays, “Information is the oil of the 21st century, and analytics is the combustion engine”, implying that just like oil, data needs to be extracted and analysed so that it can be used.[1] This makes data analytics one of the most salient tools in current times.

Today, data is the primary driver of decisions across organisations, helping govern growth trajectories and strategic developments in the corporate world. As such, working professionals are increasingly pursuing executive MBA degrees that offer a specialisation in analytics.

MBA is one of the most sought-after degrees across the globe, and adding a data analytics specialisation makes it even more relevant and indispensable. The combination of both the managerial and the data aspects makes it a more appealing choice for employers who are now scouting for more than one skill set and specialisation.

Career Pathways For MBA Analytics Graduates

As per reports, graduates with regular MBA specialisations – such as finance- from average B-schools earn up to 4.6L per annum (approx), whereas HR managers earn about 7.2L per annum (approx). In contrast with this are individuals with an MBA in business analytics from top-tier B-Schools whose average salary ranges from 8 to 16 lakhs per annum (appox).[2]

Executive MBA in Analytics is specially designed for early to mid-career professionals who wish to upskill and gain better opportunities. Owing to the multidisciplinary nature of MBA Analytics, those who have pursued it are able to advance faster in their career, gain more promotions and other career growth opportunities. The figure below shows the salary profiles of MBA in Analytics graduates, and how they typically progress in their careers.

Benefits of an EMBAA

The gains experienced after and even during an <a href="about:blank"><strong>Executive MBA in Analytics</strong></a> are endless. Along with developing an entirely new skillset, learners get to know about gaps in their existing skillset. Acquiring these analytical skills opens door to many job opportunities from different industries. The theoretical content and practical experience assist the learners in getting knowledge under their belt in abundance.

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