Skip to main content

MBA in Artificial Intelligence: Admission, Colleges, Syllabus, Placement, Salary 2023

Students who are looking for a career in MBA AI have come to the right place. Below we have gathered information about the MBA in Artificial Intelligence, Formfees has also mentioned a list of MBA in artificial intelligence colleges from which you can apply along with the MBA in artificial intelligence eligibility and much other information.

 Kanhaiya Kumar
25/02/2023
|25/02/2023 | Share:
 Kanhaiya Kumar 25/02/2023
mba artificial intelligence

Table of Contents

MBA in Artificial Intelligence

Students who are looking for a career in MBA AI have come to the right place. Below we have gathered information about the MBA in Artificial Intelligence, Formfees has also mentioned a list of MBA in artificial intelligence colleges from which you can apply along with the MBA in artificial intelligence eligibility and much other information. 

Students will acquire and build the skills and knowledge required to handle the complexity that comes with an increasingly artificial intelligence-driven environment in the MBA in Artificial Intelligence Course. Students will also comprehend and investigate how AI technology may be applied to produce income and commercial prospects.

They will be taught how to apply AI in a company to increase productivity more effectively. The degree seeks to provide the most recent approaches for using AI technology to produce income and commercial prospects.

It will be taught by highly educated academics with actual industry expertise from a range of fields, including AI, accounting, business, and commerce.

They use a variety of instructional methods such as technical workshops, live projects, AI labs, skill improvement courses, and so on. The program offers an ideal blend of traditional business courses and cutting-edge AI issues.

MBA in Artificial Intelligence Overview

MBA in Artificial Intelligence Course LevelPostgraduate
MBA in Artificial Intelligence Duration2 years
MBA in Artificial Intelligence Admission Bachelors’ in any discipline/ Entrance exam based
MBA in Artificial Intelligence Entrance ExamsCAT, XAT, GMAT, CMAT, etc.
MBA in Artificial Intelligence Course fee3 LPA- 6 LPA

MBA in Artificial Intelligence Synopsis

MBA Artificial Intelligence

Artificial intelligence has been expanding fast in recent years, and several MBA schools offer degrees in the topic. Whilst there is no one best way to study AI, earning an MBA will equip you with the fundamental business acumen that will set you apart in the fast-expanding AI industry.

Machine learning, NLP, and knowledge representation are frequent electives in AI-focused MBA programs. Students will also learn about algorithms, data mining, and decision trees. In addition, students will attend courses in company management and marketing. Students who earn an MBA in AI will be well-equipped for careers in a wide range of sectors, including healthcare, finance, and manufacturing.

Business institutions all across the globe offer two-year, full-time MBA programs with an AI specialization. Grads are well-suited for positions in software engineering, product management, marketing, and consulting. They may get the experience and education necessary to create AI software for commercial use.

MBA in Artificial Intelligence Quick Question

Q. Why do students pursue an MBA in Artificial Intelligence?

Ans. Graduates will have improved professional prospects and progress after graduation. If students want to be a part of something both global and current, here is the place to be.

This field offers higher pay. A skilled fresher’s income will begin at 8 lpa, and this is just at the beginning of their career. At home, a skilled expert may take up to 15 lpa.

If they learn the requisite Data Science and AI abilities, their future in the sector will be quite bright.

Q. What are some of the Top MBA Colleges for AI?

Ans. MBA in Artificial Intelligence Colleges in India

The following are a few most popular colleges in India to study MBA in Artificial Intelligence courses. These colleges hold the status of producing successful MBA graduates along with notable growth in the overall placement records of the universities.

College/University Name

MBA in Artificial Intelligence Placements

Virtually all B-Schools take the initiative to establish MBA in Artificial Intelligence Placements and internship programs in which students are expected to get practical experience by completing an eight-week (depending on the institution) internship at an enterprise.

During placement drives, the colleges’ alumni network is quite beneficial.

Several top recruiters attend the college during campus recruiting because of their network with the firms.

They accept the duty of grooming students via various placement procedures such as mock interviews, seminars, communication, and conferences in order to produce ethical professionals as desired by organizations.

An MBA graduate with Business Analytics may expect to earn between 6 and 12 lakhs per year. Students from top MBA programs get the highest salaries.

Top recruiters for MBA AI

InfosysReliance
ADAMicrosoft
AmazonOracle

MBA in Artificial Intelligence and Machine Learning

For managers, the MBA is the most important management degree. The MBA is designed to produce unique managers who are well-versed in the most recent business techniques.

Artificial Intelligence and Machine Learning have become mainstream business technologies, with applications across sectors for a range of purposes such as cost reduction, improved customer experience, and increased profitability – in essence, paying less to accomplish more. Artificial Intelligence and Machine Learning have already begun to revolutionize the business sector, with many companies using such technology to gain a competitive edge.

The MBA Artificial Intelligence is designed to provide you with the skills and information needed to navigate the complexities of an artificial intelligence-driven environment. Through modules on Information Management, Artificial Intelligence, and Data Analytics, you will have the opportunity to study the key issues that arise from the deployment of AI technologies, the impact that AI has on management and business strategy, and the actions executives should take when developing a strategy for their company.

This program allows you to study MBA Artificial Intelligence in a flexible and distributed learning environment, which will enhance your learning experience. Robert Kennedy College offers a bespoke series of MBA modules via distance learning that, within a set time frame, allow you to study at your own pace, place, and location.

The MBA program benefits immensely from the internationality that comes from enrolling students from all around the world and relying on highly trained mentors.

MBA in Artificial Intelligence Eligibility 

MBA Artificial Intelligence qualifying standards demand a minimum of 45%-50% academic aggregate in any bachelor’s degree (10+2+3) from a reputable institution or university in any field. For admission to the MBA Logistics Management program, students must have obtained a minimum of 80-90 on any standard entrance test.

  1.  There are varied criteria for enrolling in an MBA in Artificial Intelligence program depending on the school. Individuals who have earned their bachelor’s degree and wish to continue their education may enroll in a range of management colleges’ MBA in Artificial Intelligence programs.
  2. A bachelor’s degree in any discipline is required for students. This programme is also open to students who have completed their BBA and desire to pursue an MBA in Artificial Intelligence.
  3. To pursue an MBA in Artificial Intelligence, candidates must first pass admission tests.

MBA in Artificial Intelligence Admissions Procedure

Students may learn more about the MBA application process by researching it online. Students are accepted to the MBA in Artificial Intelligence program based on their performance on normal entrance examinations. Numerous other deemed institutions and private colleges provide university-level entrance examinations as well.

  1. National-level examinations are often only offered through internet portals. Private colleges and recognized universities may apply both online and offline. After that, there will be an admissions test, a group discussion, and a personal interview.
  1. After obtaining their admission test cut-off scores, students are invited to a counseling session. Admission is based on a student’s total weightage in the entrance test, personal interview/group discussion, and academic accomplishment.
  1. Candidates should prepare well in advance for admission to any of the country’s best universities providing an MBA in Artificial Intelligence. Most prestigious management colleges in India accept qualifying CAT, XAT, MAT, ATMA, JMET, and other exam results to screen promising students for admission.

MBA in Artificial Intelligence 

Types Of Learning In Artificial Intelligence

  • Artificial Narrow Intelligence (ANI): ANI, also known as Weak AI, is a stage of Artificial Intelligence in which robots can only execute a tightly specified set of specialized activities. At this point, the machine has no thinking capacity and just executes a set of predefined tasks. Weak AI examples include Siri, Alexa, self-driving vehicles, Alpha-Go, Sophia the humanoid, and others. Nearly all AI-based systems produced to date fall within the Weak AI category.
  • Artificial General Intelligence (AGI): AGI, also known as Strong AI, is the stage in the development of Artificial Intelligence at which robots will be able to reason and make choices in the same way that humans do. There are presently no instances of Strong AI, but it is expected that we will soon be able to develop robots that are as intelligent as humans.
  • Artificial Super Intelligence (ASI): Artificial Super Intelligence is the level of Artificial Intelligence in which computers’ capabilities transcend those of humans. ASI is presently a fictitious scenario presented in films and science fiction novels in which machines have taken over the planet.

MBA in Artificial Intelligence Syllabus & Subjects

NOTE: MBA in Artificial Intelligence Syllabus is essentially the same as that of other universities. Nonetheless, the MBA in Artificial Intelligence Syllabus may differ from one institution to the next. The following is the curriculum for the MBA in Artificial Intelligence programme.

Introduction to Artificial IntelligenceMachine Learning AlgorithmsInternational Business LawDesign Thinking
Language LabFinancial Reporting and Management ControlStrategic ManagementIntroduction to Data Science
Discrete StructureFuture with AIMarketing ManagementHuman Resource Management
BOT creation Using PythonCryptographyApplications of Artificial Intelligence in BusinessStatistical Decision Making
Database Management SystemsRobotic Process AutomationGlobal OutsourcingData Visualization for Managers
Analytics Integrated Decisions Makinglinear algebraInterface TechnologiesBusiness Analytics Intelligence NLP and Text
EdX, CourseraInternet of ThingsSQLDeep Learning
StatisticsComputation TheoriesPlotting for Data AnalysisSignal Processing
Foundations of Machine LearningProgrammingVisualizing High-dimensional DataFoundations of AI
Essential Artificial IntelligenceDimensionality ReductionPython Machine LearningProbability
AI FrameworkAdvanced Optimization MethodsThesis

Scope of MBA in Artificial Intelligence

AI is regarded as a distinct high innovation that is continually evolving over time. In India, both the state and national governments have begun to prioritize the AI industry for the country’s growth. The Indian government has launched the Digital India program. Eventually, it will catch up to western AI such as Alexa, and so on.

In order to enhance living circumstances for Indian inhabitants, healthcare and agriculture will be among the most essential areas of concentration in India.

There are several MBA and AI courses relevant to this industry, such as MBA in Agro Business Analysts, and with government backing, private enterprises will emerge to create new technologies and spin off new AI and data science-related start-ups.

Data ScientistData Engineer
AI EngineerAlgorithm Engineer
Principal Data Scientistmachine learning developer
Computer ScientistAI developer
Data ScientistHuman-Centered Machine Learning Designer
Robotics ProgrammerVideo Game Programme

Graduates need not worry as many new AI domains are emerging. They are:

  1. Neural Networks
  2. Robotics
  3. Virtual Agents
  4. Speech/Voice Recognition
  5. Cognitive AutomationData Science
  6. Machine Learning
  7. Deep Learning
  8. Natural Language Processing
  9. Virtual & Assisted Reality

Salary of an MBA in Artificial Intelligence Graduate?

The statistics below are an estimate of how much an MBA in Artificial Intelligence graduate may earn. By completing a quick search on employment sites, students may obtain a better idea of what MBA in Artificial Intelligence graduates makes. According to the report, the greatest annual remuneration for an AI specialist is INR 22 lakh. In contrast, the minimum yearly pay is between INR 3 lakh and INR 5 lakh. The following are various job positions and their typical pay depending on experience and abilities.

  • As a Business Intelligence Developer, the estimated salary is around 6 to 9 lakh
  • As a Software Developer, the estimated salary is around 5 to 8 lakh
  • As a Research Scientist, the estimated salary is around 5 to 8 lakh
  • As a Data Scientist, the estimated salary is around 5 to 7 lakh
  • As a Data Mining Analyst, the estimated salary is around 4 to 8 lakh

Varieties of MBA in Artificial Intelligence Courses

Artificial intelligence is one of the most predicted MBA programs following a bachelor’s degree. Prospective students may pursue an MBA in Artificial Intelligence in either of three modes of study: full-time, part-time, or online/distance learning. Details are provided below:

Full-Time MBA in Artificial Intelligence Courses

Full-time two-year students must attend in-person courses, complete regular assignments, and take offline examinations on-campus semester after semester. As part of the course curriculum, they must also present projects and undertake practicals. Full-time students acquire practical experience in the topic as well as in-depth learning by actively interacting with their professors and other students.

Part-Time MBA in Artificial Intelligence Courses

There is a part-time MBA in Artificial Intelligence course accessible for those who cannot commit to the full-time program or who are working full-time in their professions. The part-time program is two to three years long.

Distance/Online MBA in Artificial Intelligence Courses

Distance/online MBA in Artificial Intelligence courses, like part-time courses, take two to three years and may be completed from anywhere. This course is intended for students or researchers who are working professionals and are unable to attend full-time or part-time classes. This programme is offered by colleges such as SRM School of Management (Kattankulathur), D Y Patil International University (Pune), Amity University (Noida), and others.

Top Colleges for MBA in Artificial Intelligence

In order to help students embark on innovative careers, the placement office has implemented new training procedures and forged partnerships with relevant industries. The University’s overall rankings have increased significantly, and the colleges’ success rates have increased significantly, thanks to the holistic, all-encompassing approach they use.

Top Colleges

Here are some of the Best Colleges for Artificial Intelligence in India:

Name of CollegeFees (in INR)/year
IIT BombayINR 1,50,000
Amity University, NoidaINR 3,20,000
IISc BangaloreINR 25,000 to INR 43,500
SRM University Delhi-NCRINR 2,25,000
IIT KharagpurINR 4,00,000
BML Munjal University, GurugramINR 6,50,000
IIT MadrasINR 2,00,500
Graphic Era UniversityINR 2,80,000
University of HyderabadINR 2,00,000
GEHU DehradunINR 2,70,000

Below mentioned are some of the Best City-wise Colleges for Artificial Intelligence in India:

Name of College
Amity University, Noida
Indian Institute of Management,,Bangalore
Chandigarh University, Chandigarh
Indian Institute of Management, Luckow
Indian Institute of Management (IIM), Hyderabad
Chaitanya Bharathi Institute of Technology, Hyderabad
Indian Institute of Science (IISc), Bangalore
Dy Patil International University, Pune
Sharda University, Greater Noida
Indian Institute of Management, Ahmedabad
XLRI Xavier School of Management, Jamshedpur
SRM Institute of Science and Tech

nology, Chennai
Vellore Institute of Technology (VIT), Vellore
Indian Institute of Management, Calcutta
Indian Institute of Management, Kozhikode
National Institute of Industrial Engineering, Mumbai

MBA in Artificial Intelligence Conclusion 

The MBA in Artificial Intelligence, also known as the Master of Business Administration in Artificial Intelligence, is a two-year postgraduate degree program that focuses on developing cutting-edge thinking and methods for AI technologies to generate revenue and plant the seeds of future business opportunities. Students in this course will be taught by highly educated academics with real-world expertise in sectors such as accounting, law enforcement, artificial intelligence, business, and commerce. An MBA in AI teaches students how to tackle issues using complicated algorithms.

Students must pass admission tests such as the CMAT, CAT, and GMAT to be eligible for MBA in Artificial Intelligence programs. Several of these courses are offered in both offline and online/distance learning formats in India. BML Munjal University (Gurugram), SRM Institute of Science and Technology (Chennai), Amity University (Noida), and others are among the best institutions that offer these degrees. The course price typically varies between INR 3 and 6.5 LPA. Graduates in this industry get good beginning wages ranging from INR 7 to INR 17 lakhs per year.

Frequently Asked Questions About MBA in Artificial Intelligence

Q. What exactly is an MBA in Artificial Intelligence?

Ans. The MBA in Artificial Intelligence is a two-year postgraduate degree program focused on establishing cutting-edge ideas and approaches using AI technology to generate money for businesses. This course will be taught by highly educated academics with real-world expertise in accounting, law enforcement, artificial intelligence, business, and trade. An MBA in AI teaches students how to address problems using complex algorithms.

Q. Is an MBA in Artificial Intelligence a good job in India?

Ans. Absolutely, an MBA in Artificial Intelligence is a viable job option in India. As AI continues to revolutionize the world, it is undeniably a great professional path. It is expected to be the most in-demand career of the next generation, in addition to being financially lucrative. Graduates in this area will have better job chances and opportunities following graduation. This course is suitable for those who wish to be a part of something both global and modern.

Q. What are the opportunities for an MBA in Artificial Intelligence?

Ans. Even for recent graduates, the career opportunities for an MBA in Artificial Intelligence in India are broad. Some of the most sought-after positions for MBAs with artificial intelligence degrees include business analyst, software engineer, data analyst, and product manager. Graduates may anticipate high pay and a speedy route to promotion in these fields. Additionally, the field of artificial intelligence has a promising future, with the Bureau of Labor Statistics predicting a 31.4% increase in employment opportunities for data scientists and mathematical science specialists — both of which are required for AI — by 2030.

Q. Can MBA students do Artificial Intelligence without prior programming experience?

Ans. Certainly, MBA students with no programming experience may work with artificial intelligence. Students in the MBA in Artificial Intelligence program are prepared for careers in management consulting, marketing, product management, and software engineering. This course is unusual in that artificial intelligence (AI) is used to educate business management. It also equips students with the knowledge and skills required to develop artificial intelligence solutions for enterprises.

Q. Is an MBA in Artificial Intelligence difficult to obtain?

Ans. Definitely, an MBA in Artificial Intelligence is difficult to learn. Learning AI is challenging, particularly if you are not a programmer, yet it is vital to learn some AI. If they put forth the effort, any student may pursue this subject. The course provides all you need to know, from basic understanding to full-fledged master’s degrees.

Q. Do MBA courses in Artificial Intelligence include mathematics?

Ans. Absolutely, the MBA in Artificial Intelligence program includes mathematics and algorithms. All significant breakthroughs, including artificial intelligence, are built on mathematics. Calculus, linear algebra, game theory, advanced logistic regressions, statistics, probability, and gradient descent are all important foundational concepts in data science. As a result, if a student is poor in Math, it may be tough for them to deal with MBA course courses in Artificial Intelligence.

Q. What should I know before enrolling in an MBA program in Artificial Intelligence?

Ans. Before enrolling in an MBA in Artificial Intelligence degree, one needs have a firm grip on various things. Before you can start constructing AI, you must first understand the basic concepts of computer science, algorithms, and programming, which are made up of theory and processes such binary mathematics, Boolean algebra, and computing theory. Python is the greatest programming language for AI, thus you should master it well.


Testimonials