Artificial intelligence has been evolving rapidly in recent years, and many MBA programs offer degrees in the field. While there is no single correct method to learn about artificial intelligence, pursuing an MBA can give you the critical skills & knowledge you need to succeed in this rapidly growing field.

MBA programs in AI typically cover machine learning, natural language processing, and knowledge representation. Students will also learn about algorithms, data mining, and decision trees. In addition, they will take courses on business management and marketing. With an MBA in AI, graduates will be prepared to work in various industries, including healthcare, finance, and manufacturing.

MBA in Artificial Intelligence: Course Details

MBA with a concentration in Artificial Intelligence is a two-year full-time program offered by various business schools worldwide. The degree program prepares students for management consulting, marketing, product management, and software engineering careers. It also offers them the skills and knowledge required to develop artificial intelligence applications for businesses.

Program

Postgraduate

Course

MBA in Artificial Intelligence

Duration of the Course

2 years (based on the top 4 universities)

Eligibility Criteria

Graduation from a recognised university with a minimum aggregate score of 60%

Entrance Exams

English language proficiency test score and GRE or GMAT

Tuition Fees

INR 3,00,000 to 10,00,000

Jobs

Data Scientist, AI Data Analyst, Product Manager, etc.

Average Salary

INR 3,00,000 to 12,00,000

What is an MBA in Artificial Intelligence?

An MBA in Artificial Intelligence is a postgraduate degree program that prepares students for careers in the high-tech industry. The program focuses on designing and managing intelligent systems, including computer networks, software applications, and industrial robots. In addition, students learn about the principles of artificial intelligence and how to apply them to business problems.

Top Colleges for MBA in Artificial Intelligence

There are many top colleges for MBAs in Artificial Intelligence. Below are some top colleges:

S.NO

University Name

Country

QS World Ranking

1

Coventry University

UK

NA

2

Exeed College

UAE

NA

3

University of Cumbria

UK

NA

4

Ball State University

USA

NA

MBA in Artificial Intelligence: Syllabus

There is a rigorous curriculum for an MBA in Artificial Intelligence degree program. Not only do you have to study business administration subjects, but also technical subjects related to programming, etc. 

Here's an overview of the syllabus to help you understand it better.

  • Artificial Intelligence Technologies for Business & Management
  • Artificial Intelligence Issues
  • Innovation & Entrepreneurship
  • Leadership & Change Management
  • Strategy & Decision Making
  • Global Marketing
  • The Geopolitical, Economic & Legal Environment
  • Financial Analysis
  • Organizational Behavior & Learning

Cost of Studying MBA in Artificial Intelligence

An MBA in Artificial Intelligence is a trendy degree these days. The coursework for such a degree includes machine learning, natural language processing, and data mining. As a result, the demand for AI experts has grown exponentially in recent years, and an MBA in AI can help you land a high-paying job in this field. However, the cost of studying for such a degree can be pretty high depending on the program you choose and where you live. The table below mentions the estimated expenses for looking for an MBA in Artificial Intelligence.

S.NO

University Name

Course

Duration

Tuition Fees in INR

1

Coventry University

MBA in Artificial Intelligence

2 Year

2,50,000 To 4,00,000

2

Exeed College

MBA in Artificial Intelligence

2 Year

3,00,000 To 5,00,000

3

University of Cumbria

MBA in Artificial Intelligence

2 Year

4,00,000 To 5,00,000

4

Ball State University

MBA in Artificial Intelligence

2 Year

3,00,000 To 6,00,000

Eligibility Criteria for MBA in Artificial Intelligence

To be eligible for admission to an MBA program specialising in AI, you must have a bachelor's degree from an accredited institution. Most programs also require at least two years of professional work experience. Admission requirements vary by school, so check with your chosen program for specific requirements.

  • A bachelor's degree with 60% in a relevant field such as computer science, mathematics, or engineering
  • The eligibility criteria for MBA in Artificial Intelligence programs vary, but most require a bachelor's degree and GMAT/GRE scores.
  • Some programs may also require work experience, so check the requirements of your desired program.
  • An MBA in Artificial Intelligence can open up many doors and lead to a highly successful career.

Exams Required For MBA in Artificial Intelligence

Along with the English language proficiency test, another significant exam needed for any MBA, AI specialisation included abroad is the GMAT. However, some universities have waivered this criterion.

Name of the University

Exam Name

Minimum Band Requirement

Coventry University

GRE/GMAT

NA

Exeed College

GRE/GMAT

NA

University of Cumbria

GRE/GMAT

NA

Ball State University

GRE/GMAT

NA

Scholarships To Study MBA in Artificial Intelligence

AI is one of the most rewarding fields in business, with enormous growth potential. If you're interested in pursuing an MBA in AI, you'll want to know the many scholarships available. 

Here are just a few:

S.NO

Scholarship Name

Description

Eligibility

Amount in INR

1

The Professor Mike Walker OBE Scholarships 2022

Offered By Royal Holloway University of London

NA

1,50,000

2

Fulbright Foreign Student Scholarship Program USA

NA

Masters, PhD level program(s) in the field of All Subjects

2,00,000

Jobs After MBA in Artificial Intelligence

After graduating from an MBA program in artificial intelligence, many graduates are already in high-demand jobs.

Some of the most in-demand positions for MBAs with artificial intelligence degrees include data analyst, business analyst, software engineer, and product manager.

Graduates can expect high salaries and a fast track to career growth in these fields.

How To Study For A MBA in Artificial Intelligence?

If you are considering a degree in artificial intelligence, there are a few things you need to know before starting your studies. 

Below, we will list what you need to know to obtain an MBA in AI.

  • Make a study plan: Break down what you need to study into manageable chunks, and create a schedule that fits into your lifestyle.
  • Get organised: Create a dedicated study space, and ensure you have all the materials you need.
  • Stay focused: Avoid distractions, set goals, and reward yourself for making progress.
  • Take practice quizzes and exams: Familiarise yourself with the format of MBA exams, and test your knowledge regularly.
  • Get help when needed: Don't be afraid to ask for help from professors or classmates when you're stuck.

If you're looking to admit an MBA in artificial intelligence, AECC India can help you find the right colleges with guidance and advice. We have a team of experienced counsellors who can provide you with all the information you need about different colleges and universities, their programs, and their admission requirements.

AECC is one of the world's leading educational consultancies with versatile expert professionals who are ready to help you with any queries you may have. Contact us so we can be of assistance to you in your journey of fulfilling your dream.