MBA in Data Science

 Usually, the MBA in Data Science is a 1 to 2 years postgraduate degree program suitable for undergraduates in engineering, computer science, etc., and business undergraduates. In this course, the business bachelor's degree holders can enhance their technical skills and vice versa. In addition, it's a professional qualification that unlocks diverse (almost unlimited) job opportunities after graduation.

MBA in Data Science: Course Details

The following table summarises the MBA in Data Science program.

Program

Postgraduate

Course

MBA in Data Science

Duration of the Course

Between 1 and 5 years (based on the top 5 institutes)

Eligibility Criteria

{High school (10 + 2 equivalent), 60 percent recommended}, a bachelor’s degree, preferably in data science or business administration such as BBA, Bachelor of Data Science, GMAT or GRE,  and  {IELTS, PTE, or TOEFL (IELTS 6.5 or equivalent recommended)}

Entrance Exams

{IELTS, PTE, or TOEFL (IELTS 6.5 or equivalent recommended) and GMAT or GRE 

Tuition Fees

Between 4,78,986 and 48,36,288 INR (based on the top 5 universities)

Jobs 

Data Analyst, Data Engineer, Business Analyst, etc.

Average Salary

6,04,000 INR (based on 5 jobs)

What is an MBA in Data Science?

Data Science specialises in the popular MBA degree program worldwide, which prepares students to solve future complex business issues requiring data-driven decision-making modules. After graduation, students can take up various roles in business management and data analytics.

MBA in Data Science: Colleges

Following are the top 5 colleges abroad for pursuing an MBA in Data Science qualification.

These universities may not have an impressive QS World Ranking, but they are the leading institutes for this degree.

S.NO 

University Name 

Country 

QS World Ranking

1

The University of California, Davis

The USA

102

2

Glyndwr University

The UK

NA

3

The University of Delaware 

The USA

Between 581 and 590

4

The University of New Haven

The USA

NA

5

The University of Alabama

The USA

Between 1001 and 1200

MBA in Data Science: Subjects

The degree program covers core business administration and data science topics, preparing students for various roles as data scientists, business managers, or business managers with analytical skills. 

Below we have mentioned the syllabus to give you an idea of what you are in for.

  1. Accounting for Managers.
  2. Applied Statistics for Decision Making.
  3. Financial Analysis and Reporting.
  4. Macroeconomics in the Global Economy.
  5. Organizational behaviour.
  6. Research Methodology.
  7. Applied Operations Research.
  8. Data Cleaning, Normalization, and Data Mining.
  9. Econometrics.
  10. Foundation Course in Business Analytics.
  11. Project Management.
  12. Spreadsheet Modeling.
  13. Applied Business Analytics.
  14. Foundation Course in Descriptive Analysis.
  15. Foundation Course on Predictive Analysis.
  16. SAP FICO.
  17. SAP HCM.
  18. Stochastic Modeling.
  19. Ethical and Legal Aspects of Analytics.
  20. Healthcare Analytics.
  21. HR Analytics.
  22. Project Work.
  23. R Programming.
  24. Social and Web Analytics.

Cost of Studying MBA in Data Science

The cost of studying for any MBA in Data Science degree program can be between 3,00,000 and 50,00,000 INR for the top universities in this article, given that you haven't applied for a scholarship and are including your living budget, which depends on your lifestyle, chosen nation, etc. Overall, we recommend a budget of around INR 60,00,000 to smoothly sail through your MBA in Data Science qualification.

S.NO 

University Name 

Course

Duration

Tuition Fees in INR

1

The University of California, Davis

Master of Science in Business Analytics (MSBA)

1 year

NA

2

Glyndwr University

MBA in Big Data Analysis 

2 years

4,78,986

3

The University of Delaware

MBA in Business Analytics

NA

10,48,992 (Delaware), 11,72,332(non-Delaware), or 11,37,606 (online)

4

The University of New Haven

Business Administration, MBA, Data Analytics (STEM) Concentration

NA

33,43,856

5

The University of Alabama 

STEM Path to the MBA

5 years

48,36,288

Eligibility Criteria for MBA in Data Science

Every course has specific guidelines that students must adhere to qualify for an MBA in Data Science. 

These include minimum qualifications, entrance exams, etc. Read below these prerequisites.

  1. To qualify for an MBA in Data Science, the first qualification you need is a bachelor's degree, preferably in business, engineering, computer science, or data science.
  2. Some institutes also require work experience. However, it is mandatory for Executive MBA courses.
  3. GMAT is also compulsory. However, some universities have waivered it off in the present.
  4. Overseas students are also required to prove their proficiency in the English language unless they are from a native nation or their schooling was in the English medium. Otherwise, test scores such as IELTS, PTE, etc., are accepted worldwide. 

Exams Required For MBA in Data Science

Regardless of the specialisation, a GMAT exam is also mandatory to qualify for an MBA program internationally. However, many universities have waivered it off regarding the coronavirus pandemic. Some universities may compensate it with a work experience requirement. Here's an overview of marks you should consider.

Name of the University

Exam Name 

Minimum Band Requirement

The University of California, Davis

IELTS, GMAT

7.0, NA

Glyndwr University

IELTS, GMAT

6.0 (no band less than 6.0), NA

The University of Delaware

IELTS, GMAT

7.5, NA (600 for a tuition fee waiver)

The University of New Haven

IELTS, GMAT

6.5, NA

The University of Alabama 

IELTS, GMAT

7.0, 600

Scholarships To Study MBA in Data Science

Regardless of the specialisation, any MBA overseas is an expensive venture. However, you can apply for any scholarship you qualify to compensate for your MBA in Data Science course costs. These awards can sometimes cover your entire study expenses. Thus we recommended them to every study abroad aspirant.

S.NO 

Scholarship Name 

Description 

Eligibility 

Amount in INR

1

David A Francko Fellowships

These fellowships are a great way to finance your postgraduate education – offered by the University of Alabama in the American subcontinent

NA

19,98,466 per year for up to 5 years 

2

Provost Assistantship Program

The University of New Haven in the USA runs this scheme to provide financial benefits to its master’s students

NA 

Experiential learning, work opportunity, 75 percent tuition fee discount, and hourly wages

3

MSBA Awards: Dean’s Fellowships and MSBA Scholarships) 

These scholarships are particular to the MSBA program offered by the University of California, Davis, America

NA

Up to 9,56,934

4

Graduate Scholarships 

The University of Delaware in the American subcontinent offer these awards to provide financial benefits to its master’s students

NA

Up to 25 percent of tuition fee for up to 2 years 

5

Care Leaver Award

This award is a part of the Glyndwr University in the UK

NA

79,767

MBA in Data Science: Jobs & Salary

Regarding career diversity, the MBA in Data Science has an enormous scope as students can work in the data science or business management fields, which offer almost unlimited job designations. Plus, the data science industry is constantly evolving, so the demand for new, qualified, skilled, and updated professionals will never cease to exist, including the scope for growth and development. 

Here are some of the best jobs in this sector.

Job Profile 

Salary in INR

Data Analyst

500000

Data Engineer

600000

Business Analyst

400000

Data Scientist

800000

Risk Analyst

720000

How To Study For A MBA in Data Science?

The MBA in Data Science combines the business administration part of management and the technical concepts of data analytics and science. So, learning this course is also complicated; if you take it lightly, you will not get anywhere. So here are some key notes to get the best out of your course.

Step 1: Enroll at one of the top universities offering this course. That way, 50 percent of your learning will be done in classes only.
Step 2: Study the general MBA and data science concepts separately and combine them to see how you can apply information science techniques to solve business problems. It is helpful in academics, but you will also have an edge in your career with a unique skill set.
Step 3: For the data science part, maximum practice is recommended, and for the management and business administration part, we recommend reading as many management books as possible.
Step 4: Done

Got any questions for us?

Connect with AECC India to get satisfactory answers and expert guidance in your study abroad journey. 

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.


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