data science & analytics BANNER

NO. OF UNIVERSITIES

4

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GRADUATE

DURATION

2 - 4 YEARS

Online MBA in Data Science and Analytics

An Online MBA in Data Science and Analytics enables students to specialize in two distinct areas, combining expertise in both fields for a comprehensive skill set. Dual MBA programs may offer specializations like Marketing and Finance, Healthcare Management and Information Technology, or, in this case, Data Science and Analytics. An advanced business education program delivered online, providing a dual focus on business administration and the application of data science and analytics. Curriculum includes business strategy, management principles, and specialized courses in data science, analytics, and machine learning.

BENEFITS OF PURSUING ONLINE MBA IN DATA SCIENCE AND ANALYTICS

Pursuing an online MBA in Data Science and Analytics can offer several benefits, including:

• High Demand: With the increasing importance of data-driven decision-making, professionals with expertise in data science and analytics are in high demand across various industries. 

• Versatility: Graduates gain expertise in both business management and data science, making them highly versatile and valuable in the job market.

• Career Advancement: This dual degree can lead to leadership roles in various industries, such as finance, healthcare, and technology, where data-driven decision-making is crucial.

• Flexibility: Online programs allow professionals to balance their studies with work and personal commitments, enabling continuous learning without disrupting their careers.

• Skill Development: Students develop a wide range of skills, including analytical thinking, strategic planning, and technical proficiency in data analysis tools and methodologies.

• Networking Opportunities: Online programs often provide platforms for students to connect with peers, faculty, and industry professionals, expanding their professional network.

• Cost-Effectiveness: Online programs can be more affordable than traditional on-campus programs, with potential savings on commuting, accommodation, and other expenses.

• Personalized Learning: Many online programs offer customizable coursework and self-paced learning, allowing students to tailor their education to their interests and career goals.

• Increased Earning Potential: A dual MBA in Data Science and Analytics can significantly enhance earning potential, as professionals with these combined skills are in high demand.

• Innovation and Creativity: The program encourages innovative thinking and problem-solving, equipping graduates to tackle complex challenges in today's data-driven business environment.

Overall, an online dual MBA in Data Science and Analytics can provide a strong foundation for a successful career in the data-driven business world, offering both flexibility and a comprehensive skill set.

Online MBA in Data Science and Analytics

ONLINE MBA ELIGIBILITY

Individuals who have successfully completed their undergraduate degree in any field are eligible to apply for an Online MBA program. Admission requirements may vary among universities. Some institutions require aspirants to pass entrance exams, while others offer direct admissions based on their eligibility criteria.

An online MBA has a broad eligibility scope, making it accessible to a diverse range of students. Prospective candidates must hold a bachelor's degree with a minimum aggregate of 45% to 50% from a recognized university.

WHO SHOULD DO AN ONLINE MBA IN DATA SCIENCE AND ANALYTICS

An online MBA in Data Science and Analytics is well-suited for individuals who:

  • Aspire to Leadership Roles: Professionals seeking to advance to managerial or leadership positions in data-driven industries.

     

  • Have a Background in STEM: Individuals with a background in science, technology, engineering, or mathematics looking to enhance their business acumen.

     

  • Are Working Professionals: Those who wish to continue working while pursuing further education, as online programs offer flexibility to balance work and study.

     

  • Seek Career Transition: Professionals aiming to switch careers into data science, analytics, or related fields within various industries.

     

  • Want to Enhance Their Skill Set: Individuals looking to acquire a combination of business management and data analytics skills to remain competitive in the job market.
  • Are Interested in Data-Driven Decision Making: Those who want to learn how to leverage data analytics for strategic business decisions.

     

  • Have a Passion for Data: Professionals with a keen interest in data analysis, machine learning, and using data insights to drive business success.

     

  • Seek Global Opportunities: Individuals looking to expand their career prospects globally, as data science and analytics skills are in demand worldwide.

     

  • Are Entrepreneurs: Entrepreneurs or aspiring entrepreneurs who want to build data-driven startups or incorporate data analytics into their business strategies.

     

  • Value Flexibility: Those who prefer the convenience of online learning, allowing them to study from anywhere and at any time.

     

Overall, an online MBA in Data Science and Analytics is suitable for anyone looking to integrate data-driven insights into business strategies and decision-making, regardless of their industry or background.

ONLINE MBA DURATION

Online MBA offers a minimum completion time of 2 years and allows a maximum of 4 years for candidates to fulfill all the degree requirements. This extended timeframe provides an additional 2 years for successfully passing all the required exams. The program's curriculum is structured into four semesters of six months each.

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Most Common Job Opportunities

Table
Data Scientist: Business Intelligence Analyst: Data Analyst:
Analyzing complex datasets to extract valuable insights, build predictive models, and support strategic decision-making. Transforming raw data into actionable business intelligence, creating dashboards, and providing insights to support organizational strategies. Collecting, processing, and analyzing data to help organizations make informed decisions and solve business challenges.
Analytics Manager: Quantitative Analyst: Market Research Analyst:
Overseeing the analytics team, setting objectives, and ensuring data-driven insights contribute to business goals. Applying mathematical and statistical methods to analyze financial and business data, often in finance or investment-related roles. Collecting and analyzing data about market conditions, consumer preferences, and competitive products to inform business strategies.
Operations Analyst: Data Engineer: Risk Analyst:
Using data to optimize internal processes, improve efficiency, and enhance overall operational performance. Designing, developing, and managing the architecture for data systems and ensuring the flow of data across the organization. Assessing potential risks to the organization by analyzing financial and market data, helping in risk management strategies.

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ONLINE MBA SPECIALIZATIONS

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General Management

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Global Finance Market

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Banking & Insurance Management

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Travel & Tourism Management

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Integrated Marketing

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ONLINE DUAL MBA

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Analytics and Data Science (Dual)

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System & Operation Management (Dual)

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Business Intelligence & Analytics Management (Dual)

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Petroleum & Natural Gas Management (Dual)

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Operations & Data Science Management

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Financial Service and Planning Management (Dual)

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Production & Operations Management

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Hospital Administration and Health Care Management(Dual)

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International Finance and Accounting Management (Dual)

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MBA in Data Science & Analytics

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Yes, Degrees obtained through Online or Distance mode are valid provided approval is given by the UGC-DEB to the University/Deemed to be University to offer the said programme. Details of the Universities/ Deemed to be Universities empowered to offer courses under Online/distance mode are available at UGC website https://deb.ugc.ac.in/

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Yes, UGC via its notification dated 02-09-2022 has clearly mentioned that any degree received via Online or Distance mode is equivalent to the degrees offered through regular mode. The link for the same is

. Accordingly, we can be sure that a MBA done via Online or Distance mode is as good as a regular MBA

The Accreditations or Approvals required by Indian Universities to start Online and distance learning programmes are: -

• University Grants Commission (UGC) Approval: Indian universities, whether traditional or open, need to obtain approval from the UGC to offer online courses. The UGC  had issued specific regulations for open and distance learning, which also apply to online education. These regulations specified the norms and standards that institutions had to adhere to while offering online programs.

• Compliance with Distance Education Regulations: In addition to UGC regulations, universities offering online programs also had to comply with the Distance Education Bureau (DEB) regulations, which governed open and distance learning programs.

• Approval from AICTE: The AICTE primarily focuses on technical education, including engineering, management, pharmacy or applied sciences and Indian Universities specifically do not require AICTE approval to start online courses. Its role is to regulate and promote technical education in India. These regulations are mainly applied to traditional universities and institutions that offer online or distance education programs.

• Quality Assurance: Indian universities are required to maintain the quality and standards of education in online programs. This often involves regular assessment and accreditation by bodies like the National Board of Accreditation (NBA) or the National Assessment and Accreditation Council (NAAC).

• Rankings: The National Institutional Ranking Framework (NIRF) is a ranking system for higher education institutions in India. It was launched by the Ministry of Education in 2015 to assess and rank Indian universities and colleges based on various parameters. NIRF rankings aim to provide prospective students and other stakeholders with valuable information about the quality and performance of educational institutions

  1. Aspiring Data Scientists and Analysts: Individuals aiming for roles in data science and analytics, wanting to develop a deep understanding of both the technical and business aspects of these fields.
  2. Business Professionals Seeking Analytical Skills: Business professionals looking to enhance their analytical skills and leverage data-driven insights for strategic decision-making within their organizations.
  3. IT and Technology Professionals: IT and technology professionals seeking to broaden their skill set and specialize in data science, preparing for roles that involve extracting meaningful insights from large datasets.
  4. Mid-Career Professionals Seeking Career Transition: Mid-career professionals aiming to transition into the rapidly growing field of data science and analytics, leveraging an MBA to acquire the necessary skills and knowledge for the role.

On average, entry-level positions for MBA graduates in this field might offer salaries ranging from INR 6 to 10 lakhs per annum. However, with experience and expertise, professionals in managerial or leadership roles could command significantly higher salaries, potentially exceeding INR 15 lakhs per annum or more. It's essential for individuals to consider the reputation of the educational institution, their own work experience, and the specific job role when evaluating salary expectations in the banking and insurance sector.

Online education can include live lectures through video conferencing or webinars, but it depends on the specific course or program. Some online courses offer live, interactive sessions with instructors, while others are entirely self-paced with pre-recorded content. The format can vary, so it's important to check the course details to determine whether live lectures are part of the online education experience.

Tuition fees can vary significantly among universities. Depending on your choice of institution, the approximate annual tuition fees can range from INR 50,000 to INR 4,00,000.

After completing an MBA in Data Science and Analytics, you can pursue various high-demand roles such as Data Scientist, Business Intelligence Analyst, Analytics Manager, Data Engineer, or Chief Data Officer. This qualification equips you to leverage data-driven insights for strategic decision-making, lead data-driven initiatives, and contribute to the competitive advantage of organizations across diverse industries.

The salary package you receive upon completing this course is on several factors, including the organization you join, the position you assume, your accumulated years of experience, and your expertise within your domain. As your skills and knowledge grow, so does the potential for an increase in your salary. The projected salary range after completing an MBA in Data Science and Analytics typically falls between INR 3,00,000 and INR 10,00,000 per annum.