Will MBA Business Analytics Salaries Rise in 2026? Get a Detailed Analysis Report

An MBA in Business Analytics is one of the most popular postgraduate programs today. This two-year program blends core business management principles with advanced data analysis skills. Leading schools such as the IIMs, IITs, and top private B-schools have varied Business Analytics paths with elective courses, enabling students to delve deeper into arenas such as AI, Machine Learning, and Data Visualization beyond the standard curriculum.

From 2020 to 2024, average MBA Business Analytics salaries at India’s leading programs climbed by about 5.4% annually. IIM Calcutta’s PGDBA program had a post-pandemic recovery and steadied just around ₹30 LPA. IIM Bangalore’s MBA-BA, hit ₹35.3 LPA by 2023 before correcting slightly. Meanwhile, IIM Ranchi experienced a constant growth from ₹16.4 LPA in 2022 to ₹19.9 LPA in 2024.

In the future, the sustained demand among companies, fast digitalization, and an enhanced valuation approach for analytics will need to drive some salary changes. The better programs are expected to have a pay scale ranging from ₹32 LPA to ₹37 LPA by 2026, which is an 8-12% compound annual increase, re-emphasizing how relevant Business Analytics abilities are in today’s economy.

MBA Business Analytics Salary Trends in IIMs

The IIMs continue to set the benchmark in MBA Business Analytics salaries. IIM Calcutta, for example, saw its PGDBA average salary rise from ₹26.31 LPA in 2020 to ₹30 LPA in 2024, with top offers reaching ₹83 LPA. IIM Bangalore, which introduced its MBA in Business Analytics in 2020, boasts 100% placement rates with over 160 recruiters. Its average salaries reached ₹35.31 LPA in 2023 before stabilizing at ₹32.5 LPA in 2024.

Newer programs like IIM Ranchi have also shown strong growth, with average salaries increasing from ₹16.4 LPA in 2022 to ₹19.87 LPA in 2024. These trends underscore the growing demand for analytics expertise across the country’s top business schools.

IIM Calcutta PG Diploma in Business Analytics Salary (Tri-Institute Partnership)

The Post Graduate Diploma in Business Analytics (PGDBA), jointly offered by IIM Calcutta, ISI Kolkata, and IIT Kharagpur, has emerged as the flagship program in this domain:

The MBA Business Analytics consistently maintains a 100% placement rate, with 70% students receiving PPOs. The Median salary has grown from ₹24.59 LPA in 2020 to ₹31.2 LPA in 2024, representing a 27% increase over four years.

IIM Bangalore MBA-Business Analytics Salary Trends

IIM Bangalore's MBA in Business Analytics, launched in 2020, has shown impressive growth. The program has 100% placement rates with 160+ recruiters offering diverse roles in consulting, analytics, and product management. The table below showcases the IIM Bangalore MBA Business Analytics salary trend over the years and its growing demand in today's industry settings.

IIM Ranchi MBA-Business Analytics Salary Trends

IIM Ranchi's Business Analytics specialization shows steady growth:

Key Growth Drivers and Market Factors

The explosive growth in MBA Business Analytics salaries is driven by several key factors:

• Digital Transformation Acceleration: Following the COVID-19 pandemic, post-COVID digital transformation has driven a 30-40% annual increase in demand for analytics professionals. Companies across sectors are investing heavily in data-driven decision-making.
• Skill Premium: Graduates with expertise in Python, R, SQL, Tableau, and cloud technologies command 20-30% salary premiums. The combination of business acumen and technical skills creates unique value propositions.
• Sector Diversification: Beyond traditional IT and consulting, sectors such as healthcare, retail, fintech, and manufacturing are actively recruiting MBA graduates with a focus on Business Analytics.

MBA Business Analytics Salary based on Experience

The salary ranges for business analytics professionals are going to differ according to the years of experience and educational background. Starting salaries can range from ₹6-12 LPA at an entry-level, and top institutes' fresh graduates can command between ₹25-35 LPA.

Mid-level professionals with 3-5 years of experience can expect between ₹12 to 20 LPA, and MBA graduates from premier institutes may expect salaries between 30–45 LPA. For experienced candidates, it can extend from ₹20-35+ LPA to reach up to ₹40-60 LPA for management roles and easily hit the highest bracket of ₹80 LPA and above for C-suite designations.

MBA Business Analytics Salaries based on Job Roles

Top Career Opportunities and Salaries for MBA Business Analytics Graduates They start as freshers under the title of Business Analyst, Data Analyst, Reporting Analyst, etc. with a salary of ₹4–8 LPA while mid-level professionals move into roles like Data Scientist, Analytics Consultant, or Business Intelligence (BI) Manager getting paid ₹8–20 LPA.

Analytics Manager, Senior Data Scientist, Head of Business Analytics, etc., are some of the senior roles in this domain with salaries up to ₹20 LPA- 35 LPA or even more, if one has over 7 years of experience in top firms.

There have recently been strong year-on-year salary increases of 5–8% per annum for most of these roles over the last five years, with tech giants, global consultancies, and financial services being some of the biggest recruiters. This salary is expected to get higher due to the explosive growth in data analytics, AI, and Automation.

MBA in Business Analytics average salary shall increase to ₹6-b ₹12 LPA as entry level and ₹20–35+LPA for experienced professionals, managers by 2026. Niche skills in AI, cloud analytics, and domain-specific analytics (finance, healthcare, marketing) would add to the earnings further. Leadership and specialist roles could be crossing the ₹40 LPA mark at top companies soon.

Read: Factual Analysis of how Job Roles in Business Analytics will evolve by 2026 and impact salaries

MBA Business Analytics Career Prospects