Unlock 7 Best Career Paths After MBA In Business Analytics

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Unlock-7-Best-Career-Paths-After-MBA-In-Business-Analytics

Today’s modern business world which is woven in the thread of digital technology is dependent on data. Here we are not talking about data relating to just numbers, but a voice that every business needs nowadays to survive, evolve, and earn success in industries. The world runs on data. From your daily spending habits to an athlete’s average wins can be calculated, tracked, and interpreted. Now you must be wondering what’s the use of such data. Well, it helps companies to make better choices in the future based on the patterns of the past.  In simple words, companies are now looking for solutions not only just to grow, but “smartly grow”.

Now as the demand for these data grows, so does the requirement of data analysis. Private and public companies alike are looking for business analysts who can not only increase business visibility but also put data-driven plans into action. So, if you’re curious to know what the future holds after successfully completing your MBA in business analytics, this blog is for you. But before that let’s take a quick overview of what business analytics is.

Components of Business Analytics

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What is Business Analytics?

Business analytics involves leveraging statistical methods and information technologies to enhance business success and strategies. This is achieved through a thorough examination of data, particularly business data. Key contributors to data analysis include data collection and presentation, data science, statistical analysis, data aggregation, and data warehousing.

By employing business analytics, organizations can evaluate and predict trends related to costs and revenue, brand image and competition, as well as consumer behaviour. These insights enable evidence-based decisions that maximize strategic effectiveness and overall success.

Furthermore, business analytics assist teams to be agents of change by improving business processes. It also helps team members study data to identify ways to maximize efficiency and refine information organization.

Business Analytics careers

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Exploring 7 Exciting Career Paths After Your MBA in Business Analytics

This is a golden opportunity if you are about to venture after an MBA in business analytics in India ​through an MBA. The degree will open a whole trunk of options, and with the growing dependence of businesses on data for decision-making, your skill will be much sought after in business analytics. Let us look at seven of the best career options after doing your MBA from the field that is gaining momentum.

1. The Data Analyst

The first one on our list is a data analyst who can be viewed as the detective of the world of business. Data analysts gather and analyse data from various sources, such as sales figures, market research, and logistics. Your role will be to ensure that the data is not only accurate but also presented in such a way that it can assist the business in making decisions.

On a day-to-day basis, your tasks might vary depending on which industry you’re in. Your daily activities may often involve collaboration with data scientists, IT teams and management to align on the organisation-specific domains. Some skills a data analyst must possess include:

Knowledge of Programming Languages: If you are familiar with R or SAS, they would do wonders for you.

Creative and Analytical-Nature: You should be an out-of-the-box thinker, besides being clinical in approach.

Data Visualization: It becomes vital to make your recommendation visually appealing.

Communication Skills: You’ll need to share your insights with several stakeholders, hence communication is important.

Knowledge of Database Querying Languages: SQL proficiency is compulsory.

Data Mining and Data Cleaning: You’ll assess the data for extraction of meaningful insights.

Machine Learning Techniques: A smattering of knowledge would help.

Proficiency in Excel: Not only useful for spreadsheet types, Excel is a powerful tool in the arsenal of any analyst.

2. Supply Chain Analyst

Next on our list is the supply chain analyst. If you enjoy optimising processes and improving efficiencies, this job may well suit your calling. Typically, a supply chain analyst improves operating performance by assessing project requirements and combining with various teams to implement successful strategies.

You’ll work closely with engineers and quality assurance professionals to test new supply chain methods. Your insights will help to lower costs and improve inventory management. In India, the average salary is ₹469,747. Here’s a quick salary breakdown based on experience:

Years of ExperienceAverage Salary
Less than 1 year₹350,000
1-4 years of experience₹439,198
5-9 years of experience₹702,049
10-19 years of experience₹982,635

Source: Payscale

3. Big Data Analyst

Let’s move toward Big Data Analyst, which is one of the most demanding careers after an MBA in business analytics in India and worldwide. This is the position for someone who loves to work on massive amounts of data. Big data analysts recognize trends and patterns that can guide course corrections for a business. Screening through complex datasets and extracting hidden insights that prove to change the direction of a company is what you are going to be doing.

The desirable skills for a Big Data Analyst are problem-solving critical thinking capacity, and creativity. You will need to be versatile with the following tools:

  • MapReduce
  • Hadoop
  • Hive
  • Apache Spark


All these tools will carry out effective and diverse massive data management and analysis.

4. Business Analyst

Ever wondered how businesses adapt to changes? That’s where Business Analysts come in. They help figure out the navigating business needs as they evolve, take care of impacts, and document requirements from time to time. Hence, they become the glue that aligns and informs the stakeholders themselves.

With the fact that closer to 90% of all companies have started employing data analytics over the recent years, the demand for business analysts is booming. The average national salary for Business Analysts in India is about ₹666,084. You will shine as a Business Analyst if you are well aware of: 

  • Statistical Analysis Software: Tools like R, SAS, SPSS, or STATA are essential.
  • Business Intelligence: Understanding how to use data for decision-making is crucial.
  • Python and R: These programming languages are becoming increasingly important.
  • Survey Software: Gathering data effectively is key.
  • Database Design and SQL: Knowing how to navigate databases is a must.
  • Data Visualization: Presenting your findings in an understandable manner is vital.

5. Chief Data Officer

If aiming for the highest role available, you could look into becoming a Chief Data Officer (CDO). This is increasingly becoming a very prestigious role, leading CDOs in organisations responsible for overseeing data collection, organization, storage, and usage. As part of the executive team, you guide strategies that use data to improve business outcomes.

The responsibilities of CDOs can range dramatically. CDOs used to work on compliance and governance; presently, they are charged with driving data administration and being strategic leaders. With the skills you will acquire through your MBA in business analytics, you will in fact have an important edge that will help you get jobs at high pay.

6. Business Intelligence Manager

If you love analysing raw data to create insightful reports, this is probably one of the best opportunities. Business Intelligence Managers play an integral role in providing actionable insight from organizational data to support the executive management in decisions aimed at forming the strategies of the organization.

You will not only analyze data but also manage a team of analysts, specialists, or developers. Stronger leadership and communication skills are essential for this role, where you will lead a team to generate valuable business insights. The average salary for this position is $135,000 (approximately ₹10,800,000). This represents a significant opportunity for individuals passionate about data science to transition from a broad understanding of the field to its technical core.

7. Marketing Analyst

Finally, we have the Marketing Analyst. If you have a knack for understanding consumer behaviour and market trends, this role could be your perfect fit. Marketing analysts focus on tracking and analyzing marketing data, including advertising costs, consumer preferences, and market opportunities.

Your insights will help organizations determine what products to sell, who to target, and how to price them effectively. The average salary for a Marketing Analyst is around $86,000. If you’re drawn to market research rather than the creative side of marketing, this role offers a fantastic opportunity to apply your analytical skills.

Why Pursue an Online MBA in Business Analytics?

Considering an online MBA in business analytics today? You have so many compelling reasons at your disposal:

  • Access to Programs: The single best thing about an online MBA in business analytics is the luxury of flexibility. You can study at your own pace, without putting your personal and professional lives on hold. This way, you’ll be able to complete your degree without the hassle and pressure.
  • Curriculum Relating to the Work Environment: The online MBA in business analytics syllabus​ designed is to equip you with practical skills. You study subjects important in business, such as analytics tools, big data, and business strategy, to meet the requirements of the current job market.
  • Great Demand: The need for data analytics professionals is waiting to be fulfilled! Since more companies are turning to the data-driven process of decision-making, there are many jobs after MBAs in business analytics​ today. Now is a great time for these professionals to enter the field.
  • Networking: An online setting allows you to connect with others around the globe. This variety in your study expedites your learning experience as well as builds your professional network among like-minded individuals.
  • Career Mobility: Getting your MBA could take your career opportunities several notches up. It serves as a magical key for getting leadership positions. It also paves the way for a broad range of salaries as you move forward in your working life.

Choosing the Right MBA Finance Program

Whether you’re an entrepreneur or a working professional, now advancing knowledge and building a career in business analysis is more easy. The credit goes to the availability of online programmes. There are many prestigious MBA in business analytics colleges in India​ offering online programmes to learn at your own pace, allowing professionals to juggle between work and other commitments. Here are some of the top colleges which are NAAC accredited and ranked among the best in India, ensuring strong job prospects for MBA Finance graduates. These institutions offer dedicated campus placement cells, expert faculty, a comprehensive project-based curriculum, and peer-reviewed learning.

UniversityCourse
Manipal University Jaipur Online MBA Programme
Symbiosis School for Online and Digital Learning (SSODL) Online MBA Degree Programme
IIM Mumbai Executive MBA
Chandigarh University Online Master of Business Administration
Dr. D.Y. Patil Vidyapeeth University Online MBA Degree Programme

How Jaro Education Can Help You?

To build a successful career in finance, it’s crucial to have the right skills and knowledge, but guidance is just as important. That’s where Jaro Education can step in to help you achieve your career goals. We’re a top online education provider focused on helping individuals with personalised career counselling and academic support.

With Jaro, you can enrol in high-quality online MBA programmes that prepare you for roles in business analysis,  investment banking, financial analysis, and corporate finance. We serve as your gateway to high-quality MBA programmes from leading universities across the country.  If you choose to register for any of the online MBA programmes that we have mentioned above through Jaro, you can enjoy the given below benefits:

  • Dedicated academic assistance for students
  • Engaging and lifelong learning experiences
  • Opportunities to build a strong network
  • Learning from experienced faculty and mentors

Conclusion

An MBA specializing in Business Analytics could be the key to a myriad of opportunities in the contemporary data-driven business landscape. The scope of an MBA in Business Analytics is wide and encompasses diverse career paths such as Data Analyst, Business Intelligence Manager, and Chief Data Officer. With organizations becoming data-driven in their decision-making, the demand for skilled professionals continues to grow. A sound understanding of business analytics will set the candidates in running for a plethora of good career options, such as Data Analyst, Business Analyst, or Chief Data Officer.

If you are looking to create a leap in your current job or change careers altogether, an MBA in Business Analytics offered through Jaro Education will set you up to succeed as the job market is changing. Once you have the right education and support, you can pursue your career with confidence and grab all the bright opportunities awaiting you ahead.

Frequently Asked Questions

What is an MBA in Business Analytics different from an MBA?

Good question! The MBA in Business Analytics delves into data-driven decision-making, statistical analysis, and machine learning to teach how to interpret data to get useful strategic insights. An MBA covers a broader spectrum of business management topics without placing a strong focus on analytics.

Are there high-paying jobs in Business Analytics?

Absolutely! The Business Analytics field encompasses some great career paths that offer high salaries. Positions such as Data Scientist, Analytics Manager, and Business Intelligence Analyst usually fetch six-figure salaries, especially in the finance, health, and technology industries.

What are the technical skills needed for a career in Business Analytics?

You have to be completely comfortable with tools such as SQL, Python, R, Tableau, and Excel. Familiarity with data visualization, machine learning algorithms, and statistical analysis tools will make it easier for you to thrive in this field.

Is it necessary to know any coding languages for jobs in Business Analytics?

You don’t need to be a coding genius, but if you can learn SQL, Python, or R, it will come in useful. A lot of analytics tools offer low and no code tutorials, even for those who are not geniuses!

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