Top 10 MBA Colleges for Business Analytics 2024

When it comes to pursuing a career in Business Analytics, India’s top MBA colleges for business analytics offer specialised programs that stand out for their rigour, global recognition, and impressive placements. 

In this blog we will discuss the top 10 MBA colleges for business analytics in India alongwith the other offerings which includes their courses, fees, placement and much more. Read on to explore these MBA colleges for business analytics and make an informed choice!
Top 10 MBA Colleges for Business Analytics

Top 10 MBA Colleges for Business Analytics

Here’s a list of top MBA colleges for business analytics with their programs, offerings and other details;

1. Indian Institute of Management, Bangalore (IIM Bangalore)

IIM Bangalore was founded in 1973 and is one of India’s prestigious MBA colleges for business analytics and is one of the highly rated Indian management institutes. The centre is located in a dynamic and encouraging place for creativity and business, thus making it fit for business oriented individuals.

Programs Offered:

IIM Bangalore provides an array of offerings which includes:

  • Master of Business Administration (MBA): This is a 2-year full time programme providing managerial and leadership competencies to students.
  • Executive MBA: A full-time degree program of one-year duration, and aimed at seasoned managers who wish to step up their management prowess.
  • Doctor of Philosophy (PhD): An advanced degree requiring extensive research oriented studies in various spheres of management.
  • Fees: Rs. 24.5 Lakh  
  • Average package: Rs. 35.31 LPA  
  • Top Recruiters: McKinsey & Company, Deloitte, Accenture, Goldman Sachs, Microsoft, Amazon, Bain & Company.

2. IIM Calcutta – Indian Institute of Management

Founded in 1961, IIM Calcutta is one of the pioneering MBA colleges for business analytics considered to be the first national level management institute in the country for postgraduate studies. In addition to this, it is an institution which has earned respect for its academic imposition and is accommodated on a 135-acre of land located at Joka, Kolkata.

Programs Offered: 

IIM Calcutta offers provision of many programs out of which common ones are:

  • MBA: A comprehensive two-year course designed to prepare students for a career in management.
  • PGPEX-VLM: Phase two (expansion) of the Executive MBA curriculum for seasoned professionals, shifting from a domestic to an international cohort.
  • MBAEx: The program is an AMBA accredited Executive MBA which is offered on a full time basis to applicants with work experience lasting a minimum of seven years.
  • Doctorate in Business Administration: A research degree that prepares the student for effective performance within an academic or research environment.
  • Post Graduate Diploma in Business Analytics: A business analytics program that spans over two years and is offered in a full time mode.
  • Total Fees: Rs. 31 Lakhs  
  • Average Package: Rs. 35.07 LPA 
  • Top Recruiters: Boston Consulting Group, JP Morgan, PwC, Google, Flipkart, HDFC Bank, Tata Consultancy Services (TCS). 

3. Management Development Institute (MDI), Gurgaon

One of India’s top business schools MDI Gurgaon is the most reputable MBA colleges for business analytics was founded in 1973, it is located within the commercial hub of Gurgaon city, not far from Delhi, hence its dedicated focus to this inspiring institution is mainly managerial growth and its sustainability.

Programs Offered:

MDI provides diverse courses that include the following:

  • Post Graduate Program in Management: This is a full-time course that offers wide-ranging management training.
  • Executive Programs: Short programs designed for individuals who already work.
  • Fellowship Programs: Programs that are geared towards individuals who wish to pursue a career in academics.
  • Fees: Rs. 16.7 Lakhs 
  • Average Package: Rs. 27.67 LPA 
  • Top Recruiters: KPMG, EY, American Express, ICICI Bank, Infosys, Cognizant, Reliance Industries. 

4. Narsee Monjee Institute of Management Studies (NMIMS) Mumbai

Established in 1981, NMIMS is one of the prominent MBA colleges for business analytics located in Mumbai has come a long way to become a world-class institution for management education. NMIMS being a private deemed university has a wide range of programs to suit the requirement of industries in general.

Programs Offered:

NMIMS provides a number of management programs, e.g.:

    • MBA: A full-fledged two-year program with many options like Business Analytics MA program.
    • MBA-HRM: Special Program in Human Resource Management.
    • MBA in Pharmaceutical Management: For aspirants willing to thrive in the healthcare business.
    • Fees: Rs. 24 lakhs  
    • Average Package: Rs. 26.63 LPA  
  • Top Recruiters: Capgemini, HSBC, Aditya Birla Group, Wipro, Tata Group, Larsen & Toubro, Mahindra Group

5. Indian Institute of Management of Kashipur  

Founded a few years back in 2011, IIM Kashipur is the youngest member in the family and one of the emerging MBA colleges for business analytics.

Programs Offered:  

IIM Kashipur offers a number of programs, among which are the following:

  • MBA: A regular two-year management program aimed at developing an overall management perspective for the students.
  • Executive MBA: A program designed for working professionals who seek career enhancement and management education.
  • Doctoral Programs: Program of study involving research targeted at individuals wishing to pursue a career in academia.
  • Fees: Rs. 17.3 lakhs  
  • Average Package: Rs. 18.11 LPA  
  • Top Recruiters: Tata Steel, ICICI Prudential, Infosys, Deloitte, Cognizant, Tata Power, EY.

6. Indian Institute of Management, Ranchi (IIM Ranchi)

Formed in 2009, IIM Ranchi has gained attention as one of the best MBA colleges for business analytics and is one of the institutes which has been in the news for providing quality education and good placement records in particular Business Analytics.

Programs Offered: 

Management programs at IIM Ranchi are as follows.

  • MBA: A full-time program consists of several specialisations including Business Analytics, Human Resource Management among others.
  • Executive MBA: Fully operational contemplating one’s busy work schedule.
  • Doctoral programs: Pursuing this programme means you are looking to keenly do research and academic work.
  • Fees: Rs. 17.2 Lakhs  
  • Average Package: Rs. 17.30 LPA
  • Top Recruiters: L&T, Cognizant, Bosch, Bajaj Finserv, ICICI Lombard, Infosys, Maruti Suzuki, Accenture.

7. Indian School of Business  (ISB) Hyderabad

Incorporated in the year 2001 and having gained immense prominence in recent times, ISB is a top choice for MBA colleges for business analytics that offers an innovative syllabus and has established several global collaborations. The Hyderabad campus, which is spread across 260 acres of land, provides a superior learning environment.

Programs Offered:

The ISB provides various program offerings such as;

  • Post Graduate Program in Management (PGPM): A one-year program for working professionals.
  • PGPMAX: Advanced management program focusing on management practices aimed at senior executives.
  • Fees: Rs. 41.78 lakhs  
  • Average Package: Rs. 33.26 LPA  
  • Top Recruiters: Google, Amazon, Bain & Company, Morgan Stanley, Microsoft, Flipkart, Apple, KPMG.

ISB’s extensive alumni network and strong industry connections make it an ideal choice for those seeking to excel in Business Analytics.

8. Symbiosis Centre for Management and Human Resource Development (SCMHRD), Pune  

Established in 1993, SCMHRD Pune is a well regarded name among MBA colleges for business analytics. It is situated in the education hub of Pune, which is an ideal atmosphere for teaching and learning.

Programs Offered:

SCMHRD conducts various management programs including:

  • MBA: Regular full-time course with specialisations in Marketing, Finance, Human Resource Management, and Business Analytics.
  • Executive Program: Short-term courses for skill enhancement amongst working professionals.
  • Fees: Rs. 23.90 lakhs  
  • Average Salary: Rs. 23.71 LPA  
  • Top Recruiters: Accenture, ITC, Tata Motors, Godrej, Deloitte, Nestle, Wipro, IBM, HUL.

The centre’s SCMHRD emphasis on experiential learning approaches and its industry networks makes the centre appealing to prospective business analysts.

9. Great Lakes Institute of Management (GLIM) Chennai

Established in 2004, Great Lakes is a leader among MBA colleges for business analytics and is one of the best known management institutes in India. The campus is situated off the coast of Mahabalipuram in a tranquil campus ideal for learning.

Programs Offered: 

Great Lakes has many management programs such as:

  • Post Graduate Program in Management (PGPM): A Professional program for work experience holders structured for a period of one year.
  • PGDM: A comprehensive management study program of two years duration.
  • Corporate Learning and Development Programs: These programs are specifically for the organisations that wish to enhance the skills of their staff.
  • Fees: 14.77 Lakhs  
  • Average Package: 14.5 LPA  
  • Top Recruiters: Cognizant, Infosys, Deloitte, HSBC, EY, Accenture, HDFC Bank, Capgemini.

Such orientation towards experiential learning and analytics is an added advantage for students interested in Great Lakes.

10. Birla Institute of Technology and Science (BITS), Pilani  

Established in 1964, BITS Pilani is among the top higher education institutions in India that earned its place among the top MBA colleges for business analytics for its unique blend of technical and managerial education. 

Programs Offered:

BITS Pilani provides a few programs including:

  • MBA: Focused on Business Analytics, a two-year full-time program.
  • Integrated First Degree Programs: Education in Management and Engineering is combined in a single innovative program.
  • Fee :Rs. 12.6 lakhs  
  • Average Salary: Rs. 15.90 LPA  
  • Top Recruiters: Microsoft, Facebook, Amazon, Accenture, Flipkart, ZS Associates, TCS, Google. 

Due to the unique combination of technical and management aspects, BITS Pilani is a perfect destination for anyone who intends to go further in Business Analytics.

Also learn the Top 10 MBA Colleges in Bangalore

Conclusion  

According to the ranking each of these MBA colleges for business analytics in India bring  its unique strengths and specialisations. These colleges have well-laid academic structures, a wide range of programs and impressive placement records making it easier for the young business analyst aspirants. 

Picking the right college includes the examination of other factors among them being the programme design, faculty profile, facilities availed and career connections available. In this way, a person can prepare himself or herself to take advantage of the opportunities that the job market for Business Analytics presents.

Also learn the Top 10 MBA Colleges for HR 2024