The average MBA in Data Science salary in India is approximately Rs. 8.4 lakhs per annum. This is the number that a candidate can expect at the start of their professional career post-MBA. The data science specialization in MBA is fairly new. With companies becoming more and more data-driven in their major decision making the demand for data science MBA professionals is also increasing significantly. An MBA with a focus on data science can lead to a promising career not just in India but also abroad. With experience candidates also can seek the opportunity to serve in international roles of data science manager.
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The MBA in data science salary can vary for different colleges. Educational background will also play an important role as candidates with an engineering background in data science are preferred for certain positions. The different factors that influence the MBA in data science salary are mentioned in the table below.
Factors | Impact on MBA in Data Science Salary |
Industry/Sector | Some industries rely much more heavily on consumer and other data factors to derive their operations efficiently than others. Consumer sectors like retail and e-commerce can pay a higher MBA in data science salary than others. |
Job Location | Top-tier countries where data science has already been in action for some years can hire MBA candidates with Data Science skill sets for senior roles in the organization. |
Job Role | Job roles such as data science manager, business intelligence analyst, and senior data architect can have great salary packages for which to be compensated. |
Demand | The demand of data science MBA professionals also plays a crucial role in determining the MBA in data analytics salary. A higher demand among companies generally leads to a higher salary package and vice versa. |
Experience Level | Candidates with prior experience in similar roles tend to get higher compensation as compared to the freshers. |
Company Specific Factors | Different companies have factors specific to them when it comes to compensating employees. Some companies would give ESOPs to employees other than the salary packages. Some can offer a one-time joining bonus along with a fixed salary package. |
The average package for an MBA in data science for different data-related roles is given in the table below.
Data Science Job Roles | Data Analytics MBA Salary Average Package |
Data Analyst Salary | Rs. 6 to 15 Lakhs per annum |
Data Scientist Salary | Rs. 8 to 25 Lakhs per annum |
Data Analytics Manager Salary | Rs. 15 to 30 Lakhs per annum |
Data Science Lead/Director Salary | Rs. 20 to 50 Lakhs per annum |
Chief Data Officer Salary | Rs. 40 to 70 Lakhs per annum |
Executive Roles Salary | Rs. 40 to 60 Lakhs per annum |
The top companies offering MBA data analytics salaries along with specific roles are listed in the table below.
S No. | Top Companies Offering MBA in Data Science Salary | Job Roles |
1. |
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2. | Amazon |
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3. | Meta |
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4. | Microsoft |
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5. | IBM |
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6. | Accenture |
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7. | TCS |
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8. | Infosys |
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9. | Wipro |
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10. | HCL Technologies |
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Frequently Asked Questions (FAQs)
The various job roles for MBA in data science include Product Data Scientist, Data Analytics Lead, Data Analytics Manager, Analytics Consultant, Business Analytics Lead, and Senior Data Consultant.
An MBA in data science equips candidates with skills like data analysis, data insights, data management, etc which are important to make data-driven decisions at the senior levels in an organization.
Data scientist can pursue an MBA in data science for more advanced learning. It helps develop data-driven management skills for companies to make operations more efficient and products more customer-centric.
The average MBA in Data Science salary in India is approximately Rs. 8.4 lakhs per annum. This is the number that a candidate can expect at the start of their professional career post-MBA.
On Question asked by student community
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