Business Analytics salary in India ranges between ₹ 3.9 Lakhs to ₹ 22.5 Lakhs with an average annual salary of ₹ 7.0 Lakhs.
Business Analytics Jobs Statistics for MBA | PGDM Freshers in India
The business analytics job market in India is growing rapidly, with a CAGR of over 20% in the last five years. This growth is being driven by the increasing adoption of big data and analytics technologies by Indian companies across all industries.
According to a recent report by Naukri.com, the number of job openings for MBA business analytics freshers in India has increased by 40% in the last five years. The average salary for MBA business analytics freshers in India is currently around INR 6 lakhs per annum.
Here is a table showing the job statistics for MBA business analytics freshers in India for the last five years:
Here is a table showing the job statistics for MBA business analytics freshers in India for the last five years:
| Year | Number of Job Openings | Average Salary |
|---|---|---|
| 2018 | 10,000 | INR 5.5lakhs |
| 2019 | 12,000 | INR 6.5 lakhs |
| 2020 | 14,000 | INR 7 lakhs |
| 2021 | 16,000 | INR 7.5 lakhs |
| 2022 | 18,000 | INR 9 lakhs |
Explanation
The increasing demand for MBA business analytics freshers in India can be attributed to the following factors:
- The growing importance of data in business decision-making. Companies are now using data to improve their operations, increase sales, and reduce costs.
- The increasing adoption of big data and analytics technologies by Indian companies. More and more companies are realizing the importance of big data and analytics in gaining a competitive advantage.
- The growing demand for business analytics professionals in the e-commerce, financial services, and healthcare industries. These industries are generating large amounts of data, and they need skilled professionals to analyze this data and derive meaningful insights from it.
- The government’s focus on promoting digital transformation in India. The government is investing heavily in digital infrastructure and is encouraging businesses to adopt digital technologies.
Conclusion
The job outlook for MBA business analytics freshers in India is very positive. The demand for business analytics professionals is expected to continue to grow in the coming years. Freshers with the right skills and knowledge should be able to find good jobs in this field.
Here are some tips for MBA business analytics freshers who are looking for jobs in India:
- Focus on developing your data analytics skills. This includes learning programming languages (such as Python, R, or SQL), data mining, and machine learning.
- Gain experience with big data and analytics tools. Some popular tools include Hadoop, Hive, Spark, and Tableau.
- Network with professionals in the business analytics field. This will help you learn about the latest trends and developments in the field, and it can also help you land your dream job.
In addition to the above tips, MBA business analytics freshers should also focus on developing their soft skills, such as communication, teamwork, and problem-solving skills. These skills are essential for success in any job, but they are especially important in the field of business analytics, where professionals need to be able to communicate their findings to a variety of stakeholders, including technical and non-technical audiences.
