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Advaintage
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Switching from a services company to a in-house analytics team! Bravo! Great Move for direct assessment of impact of your work. Also, I would say less clutter and more continuity. Congrats.

In terms of MBA, I see this as a logical progression and wouldn't hamper your application in any way. Go ahead, but spend atleast 2 years before you can think of B-School.

You shunned managerial post to revert to the work that you love. Now I don't see the reason why you want an MBA to become a manager again. Frankly, I don't think you'd an MBA to manage a Data Analytics team.

May be a PhD in Business Analytics will deepen your expertise and enhance your reputation at work. Think about it. My 2 cents.
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I believe you decision in wise and consistent with your career track. With real compelling essays to show connection between your past and, short and long term goals, your profile will be attractive to many business schools. I agree about above advice, you may also consider Phd in analytics.
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Thank you guys. This definitely helps me believe in my decision.
Regarding doing an MBA/PhD, I will let time take that call. As of now, all I know is I want to be as close to business as I can be, and data analytics is an excellent means to drive business decisions. Hence, inclining towards MBA.
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