How MBA with Specialization in Data Science Can Skyrocket Your Career?
20 November 2024, 6:10 pm IST
MBA programs have always been a familiar post-graduation degree for IT and management aspirants. It consists of finance, human resources, management, and many other domains required in the business world. However, an MBA specialisation in Data Science is one such field that is brought up by seeing the demand from multiple corporations.
It intertwines management and its other aspects with technology and programming language, which makes it more valuable than ever. An MBA in data science for working professionals opens the door to data analytics, MBA for data scientists, business analytics, data deployment strategists, and many other paths.
Amity Online offers just the right curriculum for students who want to make a well-established career in the IT sector. Our MBA, specialising in Data Science, offers training in programming languages and tools required to be the best in the IT sector. Some of the programming languages and development tools we cover are– R programming, tableau, spark, hive, SQL, and many others.
Besides that, we also put forward robust learning management systems and flipped learning models for maximised learning outcomes. We have real-world projects and case studies that help you acquire hands-on experience with some of the most used software, thereby enhancing your expertise.
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Highlights of MBA in Data Science Program
Particular | Details |
Course Name | MBA in Data Science |
Duration | 2 years |
Course Fees | 1,95,000 |
Top Recruiting Companies | Accenture, Wipro, Genpact, IBM, MU Sigma |
Average Salary | INR 07 LPA – 08 LPA |
Job Positions | Data Scientist, Business Intelligence Analyst, Machine Learning Engineer, Data Analyst |
Gearing Up for an MBA in Data Science: Eligibility, Skills & Admissions
Earning an MBA in Data Science can unlock a world of exciting career opportunities. But before diving in, let's explore the key requirements for admission.
Eligibility:
- Bachelor's Degree: A bachelor's degree from a recognized university is the baseline requirement. Minimum percentage requirements can vary, but many programs ask for a minimum of 50% overall (or 45% for SC/ST candidates).
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While a background in any discipline can qualify you, a strong foundation in these areas is especially beneficial:
- Mathematics
- Statistics
- Information Science
- Computer Science
- Artificial Intelligence
- Machine Learning
These subjects will equip you with the technical skills needed to excel in data science courses.
Essential Skills:
Beyond academic qualifications, data science demands a specific skillset:
- Quantitative Prowess: A strong foundation in mathematics and statistics is crucial for understanding and manipulating data.
- Analytical Thinking: The ability to dissect problems, identify patterns, and draw insightful conclusions is key.
- Critical Thinking: You'll need to question assumptions, evaluate evidence, and make sound judgments based on data.
- Data Interpretation: Extracting meaning from complex datasets and translating them into clear, actionable insights is essential.
- Communication Skills: Effectively conveying your findings to both technical and non-technical audiences is a must.
- Problem-Solving Skills: Data science is all about tackling challenges, so strong problem-solving abilities are crucial.
- Teamwork: Collaboration is essential in data science projects. You'll need to work effectively with teams to achieve shared goals.
- Decisiveness: Being able to make data-driven decisions under pressure is a valuable asset.
- Adaptability: The field of data science is constantly evolving, so the ability to learn and adapt to new technologies is essential.
- Attention to Detail: A keen eye for detail is crucial for ensuring data accuracy and avoiding errors.
The Admission Hurdle:
Most universities require you to clear an entrance exam to be considered for an MBA in Data Science program. Here are some of the top national-level entrance exams you might encounter:
- CAT (Common Admission Test)
- MAT (Management Aptitude Test)
- CMAT (Common Management Admission Test)
- GMAT (Graduate Management Admission Test)
Also Read:- Best Online Degree Courses for Working Professional
Importance of MBA in Data Science
Here are the key benefits of pursuing a master's in data science:-
- The data science masters program helps you build advanced data science skills. It helps you acquire, manage, and analyse data necessary to study the upcoming trend, growth patterns, customer acquisition, and many other elements.
- A master's degree in data science makes you well-versed in technology and skills required in the competitive IT sector. As the demand for data science is growing every year, the eligibility and expectations are also increasing, which can be covered by data science programs.
- Data science comes with agility and an ever-evolving nature. You can learn new skills, languages, and tools anytime you want if you have prior knowledge of data science.
- Data sciences and business management is the next evolutionary step for both organisations and candidates as it comes best of both worlds and puts the best to the table.
Landing Your Dream Job: Career Paths and Salaries After an MBA in Data Science
An MBA in Data Science equips you for high-impact careers demanding top-notch analytical and data interpretation skills. These roles are crucial for a company's success, reflected in the attractive compensation packages they offer. Here's a breakdown of popular data science jobs and their average salaries (in INR) to give you an idea:
High-Level Leadership:
- Data Science Manager (Salary 21 LPA): Overseeing data science teams, managing projects, and ensuring data-driven solutions align with business goals are key responsibilities.
Technical Expertise:
- Data Architect (Salary 19 LPA): You'll design, develop, and manage the infrastructure that supports data collection, storage, and analysis.
Product Development:
- Product Manager (Salary 17 LPA): Leveraging data insights, you'll define product strategy, roadmap, and user experience to bring successful products to market.
Consulting:
- Data Science Consultant (Salary 10 LPA): You'll provide data science expertise to clients, helping them solve complex business problems through data analysis and modeling.
Data Engineering & Analysis:
- Data Engineer (Salary 8.38 LPA): Building and maintaining the pipelines that collect, clean, and transform data for analysis is your core function.
- Product Analyst (Salary 6.20 LPA): Using data to understand user behavior and market trends, you'll inform product development decisions.
- Business Intelligence Analyst (Salary 5.94 LPA): You'll translate data into clear insights that guide strategic decision-making across the organization.
Specialized Fields:
- Operations Research Analyst (Salary 4.00 LPA): Applying advanced analytical techniques to optimize operations, logistics, and resource allocation.
- Clinical Data Analyst (Salary 3.50 LPA): Managing and analyzing clinical trial data to ensure research integrity and drug development effectiveness.
Also Read:- Benefits of an Online MBA Degree
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Conclusion
MBA specialisation in data science is the right fit for individuals who want to excel in the IT sector. We are ranked amongst the top 3% of online universities globally and offer 50,000+ placement opportunities. With the MBA specialisation in data science, you can skyrocket your career and create an impactful experience for data science professionals along with management. Visit the Amity Online website link to learn further about the course.
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