MBA in Business Analytics |Best MBA Colleges in under PGCET in Bangalore

Posted by Prof. Manoranjan R On 26/10/2021 12:03:47

Curriculum:

Like other MBA courses, MBA in Business Analytics is a two-year course. The objective of this program is to create a breed of Techno managers with an analytical approach towards business problems and decision-making. The First-year of the program comprises general management subjects and analytics specific subjects like digital transformation, mathematical models for data sciences, e-commerce, data warehousing and business intelligence etc.

In the second year, students are exposed to the application of various data analytics tools used in the domains of HR, marketing, operations and finance. This includes courses like HR Analytics, marketing analytics, operations analytics, Business forecasting etc.

Pre-requisite skills:

The pre-requisite skills required for a Business Analytics specialization are comfort with mathematics and statistics. Beyond that, it is more about a love for numbers and an analytical, learning and hard-working mindset.

There is thus no doubt that Business Analytics is an incredibly powerful decision-making tool driving people and performance across organizations. Future is even more exciting when it says it is the most attractive profession while Gartner Research predicts it to be the most important technology trend in the coming decades.

Business Analytics Basics:

Analytics includes the application of three main things:

  1. Statistical techniques (for example, Mean, standard deviation, etc.)
  2. Information system software (data mining, sorting, etc.)
  3. Operations research (methodologies like linear programming)

The ability of understanding data, build models, use tools, decipher results and taking informed decisions has become a personal differentiator for people seeking jobs. Given the impact of business analytics on decision-making in every functional domain, there is a huge demand for this skill if it comes with functional domain knowledge. And there lies the value of an MBA with a combined specialization in the functional domain as well as business analytics. Truly, the Business Analytics specialization is a gateway to a great career and a clear differentiator on CVs and Profiles.

Career:

With an MBA in business analytics, you are open to a broad range of lucrative entry-level prospects and leadership positions. These roles are described in detail below. 

  • Marketing Manager
  • Financial Analyst
  • Personal Financial Advisor
  • Operations Analyst
  • Supply Chain Analyst
  • Business Analytics Specialist
  • Management Consultant

Leading Recruiters:

The MBA hiring trends disclose that many industry leaders select and employ business analytics professionals.

These include:

Management consulting firms

  • Boston Consulting Group (BCG),
  • McKinsey and Company

Multinationals

  • KPMG,
  • Accenture,
  • Deloitte;

Financial services corporations like

  • Morgan Stanley
  • American Express;

Technology giants

  • Microsoft,
  •  Amazon,
  •  Google,
  • Facebook,
  •  Wipro,
  • Infosys,
  • HCL;

Conglomerates

  • Tata Group,
  •  Larsen & Toubro,
  •  Reliance, etc.

 

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