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Updated at : October 18, 2023
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In the age of high efficiency and competition, commercial organizations are increasingly looking for ways to maximize their profits. This requires dealing with large amounts of data and analyzing them strategically so as to make scientific conclusions and gain meaningful insights from such information. In such a situation, business analytics is growing in demand at an exponential rate.
The online course in MSc Business Analytics is similar to the remote/physical course offered, except that students can complete the course without the need for relocation and at their own convenience. In India, it is offered as a two-year postgraduate course that can be pursued after one has completed their graduation degree, usually from any stream/discipline.
Some of the major features of M Sc in Business Analytics as offered in India are listed below:
The course is usually offered as a two-year course, divided into 4 semesters. It is a postgraduate-level course. The course provides in-depth knowledge of areas such as business statistics, database management, financial management, data visualization, machine learning, project management, large data analytics, etc. The common syllabus offered in MSc in Business Analytics is listed below:
Subjects of Semester I |
Subjects of Semester II |
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Subjects of Semester III |
Subjects of Semester IV |
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The course is designed to create a balance between theoretical knowledge and practical, applicable skills that are useful for professional fields.
Since this is a postgraduate course, one can pursue this course only after completion of their graduation. The eligibility criteria for a course in MSc. Business Analytics in India are:
This is a postgraduate level course and is usually 2 years long in duration. The course is pursued in four semesters. Some universities may, however, offer extra 2 years to pass all the exams if the need occurs.
Most universities that offer an online course in MSc Business Analytics usually have an online admission procedure. Some common steps that students need to follow for applying to this course are listed below:
After these steps, the university usually reviews the application and then approves them to confirm the candidate’s admission to the course.
There are few government universities that offer an Online course in MSc Business Analytics. In the case of private universities, the course tuition fee ranges between INR 2,00,000 to 3,00,000. There generally are additional charges in the form of examination fees, admission fees, and application fees added to the tuition fee.
MSc Online In Mathematics | MSc Online In Data Science |
MSc Online In Applied Finance | MSc Online In Artificial Intelligence and Machine Learning |
MSc Online In Information Technology |
There is a wide scope of job opportunities after you complete Online MSc Business Analytics since this is one of the highest in-demand qualifications in professions related to STEM and data science.
Some of the job prospects along with average salaries in India are listed below:
Job Prospect |
Average Salary in INR |
Machine Learning |
7,50,000 PA |
Data Analysis |
4,30,000 PA |
Chief Data Officer |
25,34,655 PA |
Project Management |
14,30,000 PA |
Data Scientist |
11,00,000 PA |
Statistician |
5,00,000 PA |
Some of the popular companies where a Business Analytics graduate can seek a job include:
Accenture |
Intel |
Aditya Birla Group |
Amazon |
Tata Consultancy Services |
Deloitte |
Yes, a degree in MSc. Business Analytics is highly valued and growing in demand in India and one can explore a large number of job alternatives after completing this course, e.g. data scientist, data analytics, machine learning etc.
Yes, most universities that offer this course require the student to have a statistical background, but there are no major restrictions for any academic stream.
An interested student needs to ensure that the university they are pursuing the course from is well-accredited and recognized by bodies such as UGC-DEB, AICTE, NAAC, NIRF. Online degrees from recognized universities are valid and recognized across India and abroad.
In India, Manipal Online University and BITS Pilani offer this course in the online mode.
If you are looking to establish a career in data management, analysis, data science or in large business management, business analytics is a good career alternative for you as there is a wide scope of career development after this course.
Yes, an MSc. in business analytics is a STEM course.
A person who has completed a Bachelor’s degree from a recognized university, with statistics as one of the subjects and from any stream is eligible to pursue this course in India.
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