Top Online MBA in Business Analytics Colleges in India 2024: Fees, Admissions, Placements & Rankings

Highlights of the Best Online MBA in Business Analytics

Leading online MBA in business analytics India programs for 2023 include offerings by NMIMS Mumbai, Jigsaw Academy, UPES Dehradun, SRM University, IIIT Bangalore, and Great Lakes Institute of Management.

Their rigorous curriculum, extensive hands-on training, access to cutting-edge analytics tools, industry-sponsored projects, virtual internships, and placement support prepare graduates for high-growth careers in business analytics.

The premier online MBA in business analytics in India facilitates valuable campus recruitment opportunities through their corporate partnerships. Graduates receive lucrative job offers with average salaries of 12–15 LPA from marquee analytics employers.

Top 10 Online MBA Colleges for Business Analytics Studies

The leading online MBA colleges renowned for business analytics studies and excellent placements include IIM Bangalore, SPJIMR Mumbai, NMIMS Mumbai, IIFT Delhi, SIBM Pune, etc.

Their rigorous curriculum, expert faculty, robust industry partnerships, and a strong focus on data-driven decision-making, predictive modeling, statistical analysis, data visualization, and database management equip students with in-demand skills.

Through quality analytics training, impactful capstone projects, and recruitment assistance, these institutes ensure graduates secure highly paid roles in analytics and leadership. Below is the list of the top 10 online MBA colleges for business analytics studies:

Eligibility and Requirements for an Online MBA in Business Analytics Program

The basic eligibility criteria for the online MBA in business analytics are:

• Bachelor's degree (50%+ marks) in STEM backgrounds

• Minimum 2 years of work experience

• Valid CAT/XAT/GMAT/CMAT scores

• Strong analytical, logical, and quantitative skills

Some colleges also evaluate candidates on math, statistics, and computer skills through qualifying exams and interviews. Proficiency in programming, database management, statistics, and software like Excel, SQL, Python, and Tableau is highly desired for the online MBA in business analytics. Make sure you are adept in any one of them.

What are the courses and fee structure for an online MBA in business analytics?

The 2-year online MBA in business analytics covers core management subjects along with specialized training through courses in statistical analysis, data modelling, data mining, optimization, data visualization, predictive analytics, business intelligence, and database management.

This equips students with skills in analytical tools and techniques to drive data-based business strategy and decisions. The top online MBA in business analytics by private colleges charge INR 10–15 lakhs for the program.

Leading government institutes provide the same quality curriculum and placements at nominal fees of INR 2–5 lakhs. Check out the online MBA in business analytics fee structure below:

Admission process: Online MBA in Business Analytics

The online MBA in business analytics admission process involves:

Step 1: Application with CAT, XAT, CMAT, etc. scores.

Step 2: Shortlisting based on eligibility criteria.

Step 3: Online aptitude tests and interviews evaluating analytical, coding, and math skills.

Step 4: Final selection based on a comprehensive performance review.

Which are the most popular entrance exams for an online MBA in Business Analytics?

The major entrance exams accepted for the online MBA in business analytics include CAT, XAT, CMAT, MAT, ATMA, and institute-specific qualifying tests evaluating analytical ability, data interpretation, quantitative skills, coding proficiency, and logical reasoning. High scores in these exams help secure admission to premier online MBA analytics programs. Some of the popular entrance exams for the online MBA in business analytics are listed below:

1) CAT (Common Admission Test)

• Registration Date: August 4, 2024

• Last Date: September 15, 2024

• Exam Date: November 24, 2024

CAT is widely accepted for admission to premier online MBA colleges for business analytics like IIM Bangalore, SPJIMR Mumbai, and MDI Gurgaon. The exam comprises 100 MCQs testing quantitative aptitude, data interpretation, logical reasoning, and verbal ability in a 2-hour duration.

2) XAT (Xavier Aptitude Test)

• Registration Date: July 15, 2023

• Last Date: 10 December 2023

• Exam Date: 7 January 2024

XAT is conducted for admission to highly ranked online MBA colleges like XLRI, SPJIMR Mumbai, and IMT Ghaziabad. It comprises MCQs testing verbal, logical reasoning, quantitative skills, and general awareness over 3 hours.

3) CMAT (Common Management Admission Test)

• Registration Date: 1st week of February 2024

• Last Date: 1st week of March 2024

• Exam Date: April 7, 2024

CMAT evaluates quantitative techniques, logical reasoning, language skills, and general awareness through 100 MCQs in 3 hours. It is accepted by leading online government MBA colleges, like ISI Kolkata.

4) MAT (Management Aptitude Test)

• Registration Date:  NF

• Last Date: March 5, 2024

• Exam Date: March 10, 2024

MAT with 200 questions tests intelligence, language, data analysis, math, and reasoning skills. It is widely accepted by private MBA online colleges like JAGSOM and MISB Bocconi.

5) ATMA (AIMS Test for Management Admissions)

• Registration date: November 30, 2023

• Last date: February 11, 2024

• Exam Date: February 18, 2024

ATMA has 180 objective questions testing analytical reasoning, quantitative, verbal, and reading comprehension skills in 3 hours. It provides entry to reputed online MBA colleges like Great Lakes. The exam is conducted multiple times a year allowing flexibility to applicants. With moderate difficulty level and acceptance in quality institutes like TAPMI, ATMA serves as a popular gateway exam for admission into business analytics programs offered online mode by reputed B-schools across India.

Government MBA Colleges: Business Analytics with Top Placements Online

Leading government institutes like IIM Bangalore and IIT Kharagpur offer an affordable online MBA in business analytics with top placements, despite nominal fees of INR 2–5 lakhs. Their strong industry partnerships facilitate internships and projects to equip students with in-demand analytics skills for lucrative career growth. Some of the government MBA colleges offering best online MBA in business analytics with top placements are:

Top Private Colleges: The Best Online MBA in Business Analytics with Excellent Placements

The premier private institutes like SPJIMR Mumbai, NMIMS Mumbai, and BIM Trichy are renowned for their online MBA programs in business analytics, resulting in excellent placements.

Despite high fees of INR 8–15 lakhs, their robust industry linkages and rigorous training in the latest analytics tools and methodologies through industry projects, capstones, and mentoring ensure graduates receive highly paid packages averaging INR 12–15 lakhs per annum.

Their strong corporate networks facilitate outstanding placement support for students in coveted analytics job roles. Some of the private colleges offering the best online MBA in business analytics are listed below:

ROI of an Online MBA in Business Analytics: A Brief Analysis

Pursuing an online MBA in business analytics from a premier institute cost around INR 8–12 lakhs on average. With average post-MBA salaries going up to 15–18 LPA and beyond in top analytics roles, graduates can expect to recover their investment comfortably within 3–4 years of completing the program. The significantly enhanced career prospects and leadership trajectory in data-driven roles further boost the ROI of the online MBA in business analytics. Below table summarizes the list of online MBA colleges offering highest ROI.