Online MBA In Data Science

An online MBA in data science is one of the best specialisations for tech graduates. It makes you understand the core of the data science world without leaving your job. Thus, it is highly beneficial for those who want to get their postgraduate degree in this field without making any major changes in their professional lives. The best part of this MBA online degree is that it does not require any prior experience in the data science field for applicants. Even if you have completed your bachelor’s in the Arts domain, you can still apply for this course.

Another benefit of this online course is that it has the approval from UGC-DEB, which makes it equally recognised in the job market as a standard MBA degree. Thus, if you have been doubting the scope of this MBA online degree, it is high time you go for it for a promising career. As far as the curriculum of this course is concerned, you get to learn the general management topics like Managerial Economics, Accounting, Business Communication, and others, in addition to the domain-specific topics. Thus, you not only earn an MBA degree in a flexible format but also gain an in-depth understanding of the data science topics while choosing this program.

Online MBA in Data Science: Driving Careers in an AI Industry

Data science is all over the place, which means it should stick around for a while. More than 70% of companies all over the world say they use data to help decide what to do. Organisations that deal with money, healthcare, stores, factories, phones, and online shopping all depend on data science to catch fraud, guess what people want, make things personal, fix stuff before it breaks, and figure out risks. No matter what happens to one of these areas, data science will still be needed.

The data science world is getting bigger fast because we have so much digital stuff now, and everyone is using AI to make choices. By 2025, we're talking about way over 180 zettabytes of data! That means we need lots of people who can look at this stuff, figure it out, and make it worthwhile. And for that, an online MBA in data science is a smart choice, as it makes you join one of tech's fastest-growing areas with unmatched flexibility!

In the future, data science will be tied to new tech stuff. AI is set to add over 15% to the world's money by 2030, and data science is where it all starts. Things like AI that makes stuff, real-time data analysis, AI that is fair, and data analysis that uses IoT devices are going to create tons of new jobs all over the world. Data science is a great job now, but it will also be good for the future.

Cool Career Paths: Data science jobs are blowing up around the world. Jobs using data analysis and AI are growing super-fast, like over 30% each year. So, lots of places like IT, finance, hospitals, and online stores need people who know this stuff.

Mix of Smart Business and Awesome Data Skills: An online MBA in Data Science does something cool. It mixes business smarts with skills in data analysis, machine learning, and AI. This helps you make smart choices based on data, not just tech stuff.

Easy for Working Folks: Online programs let you learn new skills without quitting your job. They have flexible schedules, let you learn at your own speed, and use real projects, perfect for getting ahead without taking a break.

Better Money and Roles: With this degree, you can make way more money, like 30–50% more, than people with regular MBAs. You can also move up into leadership jobs like Analytics Manager or Data Strategy Lead.

Top Affordable Universities for Online MBA in Data Science Courses

The MBA online data science syllabus is a perfect mix of analytical and management topics. With a semester-based format, it makes your learning quite easy. With the internal assessments and online semester-end exams, the program remains quite engaging for its entire duration.

The semester-wise curriculum for this data science online MBA degree is given below:

Cost is the most important factor for most applicants because it affects the decision for the university they choose. Since this factor varies significantly depending on the type of institution, we will provide you with a quick summary of both public and private institutions.

At government colleges, the cost for an MBA online in a data science course is between INR 1 - 2 lakhs, and the options that offer this major are quite rare in this category. At private universities, the starting fee range is INR 2 lakhs and goes up to a value of approximately INR 15 lakhs. A difference in the course fee for these categories of universities is mainly due to the type of services that they offer.

Top Online MBA in Data Science Colleges in India and Course Fees

Students can avail a collateral-free, No-cost EMI option to reduce the financial burden on the online MBA program fee. Most online universities collaborate with a banking partner that provides no-cost EMI and hassle-free loan disbursement. It includes minimal documentation, eligibility criteria, a 100% online process, and instant disbursement to make the career-aligned course accessible with ease.

The university has a simple online MBA admission process. While the admission may vary as per the university, here are some common step-by-step guides for MBA online admission:

Step 1- Registration:

• Visit the university’s official website and click on Register/ Apply Now.
• Fill in basic details, mobile number, email, and download the brochure for your preferred course.
• Pay Registration Fee

Step 2 - Application Form:

• Fill in your academic, personal, and work experience details.
• Make sure to verify your details before submitting.

Step 3 - Upload Documents:

Upload scanned copies of:

• Identity Proof: Aadhar, PAN, Visa/Passport (International Students)
• Academic certificate: X, XII, and a Bachelor’s degree.
• Scanned signature, photograph
• Experience or Offer Letter (Preferred by some online universities)

Step 4 - Pay Program Fee:

• Pay your online MBA full program/semester-wise/annual fee
• The university allows multiple payments and No-cost EMI.

Step 5 - Admission Confirmation

• After completing payment and the basic process, wait for admission confirmation.
• The student will get confirmation within 24 hours of submission via SMS and e-mail.

Step 6 - Get LMS Credentials:

Students will get their LMS login credentials and ID-cards via sms and email after admission confirmation.

Documents Required for Online MBA Admission

Given below is a list of some documents required for online MBA admission in India:

Rise in Job Opportunities: Loads of new jobs are popping up in data science and analytics! We're talking about a 30–35% increase in the next 10 years, which is way better than most jobs out there.

High Industry Demands: Companies are really looking for data science professionals. Like, over 70% of them are trying to hire data folks to help with AI, machine learning, and going digital.

High Salary Potential: The sky's the limit when it comes to earnings for Data Scientists, ML Engineers, and Analytics Managers. They can make ₹12–25+ lakh a year (or the same amount somewhere else), and experienced people can earn even more.

Better Pay Than IT: You can make some serious cash with this data science program. If you have just started in data science, you will usually get paid 30–50% more than those in regular IT or business jobs.

Reports show that data science and analytics jobs go up by about 25–35% each year. That's way faster than regular IT jobs. In India, the data science market is worth over USD 45–50 billion, and they will need over 1.5 million people soon. Because it’s hard to find people with the right skills, it’s a great place to start if you're a student or already working.

You can make good money in data science. People just starting usually make 30–50% more than regular IT people. If you're a data scientist or manager with some experience, you can often see your pay go up by 15–25% each year. And if you're really good at machine learning, AI, or big data, you could make 2–3 times the average IT salary.

The table below contains the list of job profiles and the average salary package that are currently being offered in the job market to MBA in data science graduates.

Source: Ambitionbox

Companies hire data analysts or scientists to assist their businesses in turning basic data into useful ideas. This improves their business choices, makes things better, lowers costs, and brings in more profit. Moreover, since AI, machine learning, and automation have become quite popular, companies need data experts who can create models that predict future trends, spot errors, and help with planning.

Data skill is something that is needed in almost every field, like finance, healthcare, retail, factories, and online stores, and data scientists have these in them which makes them super important. In addition to that, the difference between the need and availability of data science professionals in the market makes these recruiters hire data experts, even at high packages.

Here is a list of some renowned firms that currently have an opening for data scientists, and the average package being offered to them.

Source: Ambitionbox