Data Science

MBA in Data Science is a fast emerging as one of the most sought after specialisation in the field of management. Since every industry is adopting technology and scientific methods to run their operations, the assessment of data and its management is the need of the hour. MBA in Data Science is a professional programme that trains and prepares an individual in steering business innovations.

Data science is a combination of multiple disciplines such as Statistics, Mathematics, Information Science, Computer Science, Artificial Intelligence and Machine Learning. Therefore, MBA in Data Science is ideal for candidates from Engineering and Technical background. 

It is said that, by the year 2025, the world would have generated 463 exabytes of data. Thus the high demand for Data Science experts and managers. IT, e-Commerce, Healthcare, Manufacturing, BFSI are some of the top sectors for a career in Data Science. Read below all about MBA in Data Science including eligibility criteria, admission process, course, syllabus, top colleges, career prospects, salary and recruiters.

Also Read: Data Science – Career & Future Scope

What is Data Science?

Every online activity by users is useful data for companies that they can use to understand and reach out to their potential customer. However, given the vastness and complexity of the data, it is impossible to sort out relevant information using traditional methods.

To be able to utilize the data for making a future business plan, organisations need to extract relevant information from the data of the past and present.

Data Science is a set of tools that includes scientific methods, processes, algorithms - to derive meaningful co-relation between different datasets and convert that into information to make a profitable business decision or develop organizational, cross-functional management skills. This process comprises the following steps:

1. Extracting data
2. Scrubbing data
3. Exploring data
4. Model building
5. Interpretation

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MBA in Data Science Highlights

Given below are the key highlights of MBA in Data Science course:

MBA in Data Science Eligibility Criteria

• The basic eligibility criteria to pursue MBA in Data Science is graduation. However, since Data Science is all about data crunching, having academic background in Mathematics, Statistics, Information Science, Computer Science, Artificial Intelligence and Machine Learning will be valuable.
• Some of the MBA in Data Science colleges have minimum score criteria of 50 per cent aggregate in graduation.

MBA in Data Science Skill Set

Apart from academic eligibility, one needs to have a flair for Data Science, as it is a niche and a highly specialised field. Some of the skill set, one must possess for MBA in Data Science are listed below:

• Strong base in Mathematics and Statistics
• Analytical thinking
• Critical thinking
• Interpretive skills
• Communication skills
• Problem solving skills
• Team management
• Decisive
• Adaptive
• Eye for detail

MBA in Data Science Entrance Exams & Admission

MBA in Data Science admission process include entrance exam, Group Discussion (GD) and Personal Interview (PI). Given below are some of the top national-level MBA entrance exams for MBA in Data Science:

Admission process of MBA in Data Science course is same as the MBA General course. The institutes shortlist candidates for Group Discussion (GD) and Personal Interview (PI) on the basis of an entrance exam score. Admission criteria includes academic record (class 10, 12 & graduation), entrance exam score, performance in the GD/PI round and work experience (not mandatory).

MBA in Data Science Syllabus

MBA in Data Science syllabus includes general management subjects, business analytics and technical topics such as Machine Learning, Spreadsheet Modelling, Data Visualisation, etc. Given below are the topics commonly included in the MBA in data science course:

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Top MBA in Data Science Colleges in India

Given below are some of the popular colleges in India offering MBA in Data Science programme along with the course fee:

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MBA in Data Science Career Prospects: Jobs and Salary

Data Science jobs are high responsibility roles that require excellent analytical skills and data interpretation skills along with knowledge of latest technology and tools. Since it is a highly specialised job and critical to the good health of a business enterprise, the remuneration offered is also high. Given below are the Data Science job roles and average salaries:

MBA in Data Science: Top Recruiters

The demand for MBA in data science graduates is high in sectors such as e-commerce, manufacturing, healthcare, banking and finance, transport and information technology. Some of the top recruiter are listed below:

Also Read:

• Advance Your Career through a Post Graduate Course in Data Science
• Data Science Career Opportunities - Data Science Job Opportunities in Top Companies
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MBA in Data Science FAQs

Q: Which are the top B-Schools for MBA in Data Science?

Q: What is the eligibility criteria for MBA in Data Science?

Q: What is taught in MBA in Data Science?

Q: What are the job roles offered to MBA in data science graduates?

Q: Which companies hire MBA in Data Science degree holders?

Q: What is the admission process for MBA in Data Science?

Q: What is the average fees of MBA in Data Science course in India?

Q: I want to pursue MBA in Data Science. Do I need to clear an entrance exam for it?

Q: Does IIM offer MBA in Data Science?

Q: What is the course duration of MBA in Data Science?

Q: I have a BTech Computer Science degree, can I go for MBA in Data Science?