MBA in Artificial Intelligence: A Detailed Guide

In today's rapidly evolving world, where technology and innovation have become the driving forces behind success, the pursuit of higher education takes on new dimensions. Amid this digital transformation, an MBA degree has emerged as a beacon of opportunity, offering professionals a unique chance to navigate the intersection of business acumen and cutting-edge technology. One such path is the realm of "MBA in Artificial Intelligence," a program that fuses the art of management with the science of AI.

In this blog, we will answer your question on “What is Artificial Intelligence?” and how can you build a successful career in the same.

What is Artificial Intelligence?

AI's full form is Artificial Intelligence, which refers to the simulation of human intelligence processes by machines, particularly computer systems. It involves the development of algorithms and technologies that enable computers to perform tasks that typically require human intelligence, such as understanding natural language, recognising patterns, making decisions, and learning from experience. 

AI encompasses a broad range of techniques and approaches, each designed to achieve specific goals. Some key components and subfields of AI include:

• Machine Learning
• Deep Learning
• Natural Language Processing
• Computer Vision
• Robotics
• Expert Systems
• Autonomous Systems
• Cognitive Computing

MBA in Artificial Intelligence

• An MBA in Artificial Intelligence is a specialised business degree program that merges the realms of business administration with the transformative power of artificial intelligence (AI). 
• This unique program is designed to equip aspiring professionals and seasoned executives with a comprehensive understanding of both business management principles and advanced AI technologies. 
• The AI MBA program has a duration of two years with an average AI course fee of ₹3 - ₹6.5 Lakhs.
• MBA eligibility for this program requires students to have a minimum of 50% marks in their bachelor's in any discipline from a recognised university. 
• There are many universities which accept direct admission on the basis of merit, while few conduct MBA entrance exams for their admission intake. 
• An MBA in AI attracts students from diverse backgrounds, creating a dynamic learning environment where individuals with varied expertise collaborate to solve complex problems.

Syllabus of MBA in Artificial Intelligence

The syllabus of an MBA in Artificial Intelligence can vary depending on the specific program and the university offering it. However, here is a general outline of the topics that are commonly covered in AI MBA program. 

• Introduction to Artificial Intelligence
• Machine Learning Algorithms
• International Business Law
• Financial Reporting and Management Control
• Applications of Artificial Intelligence in Business
• Database Management Systems
• Analytics Integrated Decisions Making
• Foundations of Machine Learning
• Essential Artificial Intelligence
• Python Machine Learning

Jobs after MBA in Artificial Intelligence

Completing an MBA in Artificial Intelligence opens up a wide array of career opportunities that blend business acumen with advanced technological expertise. 

Here are some potential job roles you could pursue after earning an MBA in Artificial Intelligence:

Job Profile	Job Description	Average Salary
AI Strategist	You will be responsible for developing AI-driven strategies that align with their goals.	₹14 LPA
Data Scientist	You will be responsible for extracting valuable insights from large datasets.	₹9.2 LPA
AI Project Manager	You will be responsible for overseeing the planning, execution, and successful implementation of AI initiatives within organisations.	₹22 LPA
Business Intelligence Analyst	You will be responsible for using AI tools to analyse data and generate actionable insights for decision-makers.	₹8.5 LPA
Machine Learning Engineer	You will be responsible for designing and implementing machine learning algorithms and models to solve specific business challenges.	₹6.2 LPA
AI Product Manager	You will be responsible for focusing on the development and management of AI-powered products and services.	₹26 LPA
Data Analytics Manager	You will be responsible for overseeing teams that analyse data to extract valuable insights.	₹22 LPA

Top Recruiters for MBA in Artificial Intelligence

The demand for professionals with expertise in both business administration and artificial intelligence is rapidly increasing across various industries. Here are some top companies that actively seek candidates with an MBA in Artificial Intelligence:

• Google 
• Microsoft
• IBM
• Deloitte
• Accenture
• Goldman Sachs
• Johnson & Johnson
• Uber
• Amazon
• JP Morgan 

About Sunstone

Sunstone is a higher education service provider through which you can apply for an MBA course in reputed colleges. Not only that, with Sunstone by your side, you can become job-ready as there are various advantages provided. Some of the benefits to take into consideration are:

• A capstone project to work on every semester
• 70+ training and development sessions by top recruiters and industry experts
• 50+ guaranteed job interviews with Placement Protection Plan
• Learn from expert guest faculty who are ex-IIMs and IITs
• Helps in building a professional portfolio that improves your chances of getting hired.
• 0-cost EMI option available according to course duration
• If you appear in the Sunstone scholarship test, you can get a scholarship worth ₹10 Cr.