2 Years
Post Graduate
Management
(1).
About the Course
PGDM
in Business Analytics is a two-year control path that objectives a hastily
developing zone of enterprise analytics. It is associated with the statistics
analytics subject and entails the examination of topics concerned in the
theorems, applications, technologies, and techniques hired inside the
evaluation of information to derive business-associated insights.
PGDM
in Business Analytics course is offered at the postgraduate level and is
accessible to graduates of all streams. However, colleges usually prefer
candidates who have studied Mathematics in school or graduated from this
course. It builds information in a scholar at the operations worried in
processing uncooked facts into usable statistics on which enterprise choices
may be based. It is an excellent choice of course for a candidate who wishes to
work in Big Data Analysis.
PGDM
in Business Analytics is a course that covers subjects like Financial
Accounting, Managerial Economics, Optimization Analytics, Financial Analytics,
Statistical Analysis, etc. The PGDM in Business Analytics course falls under
the umbrella of the PGDM course.
This
software complements Business Analytical abilities in decision-making at the
very best degree of the organization. This software addresses a number of
problems that are essential to enterprise choices via case studies, dynamic
school presentations, and institution discussions.
The
course offers good placement opportunities and its scope is only expected to
increase in the future as emerging technologies make it easier than ever to
collect, store and analyze data. From small companies to large organizations,
the influence of business analytics can be seen on every scale.
Employment in Data Analytics is projected to grow 11% over the next 10 years, much faster than the average for all occupations. A hike in the demand for these individuals' skills is expected as businesses continue to look for methods to increase efficiency and save expenses. As per McKinsey Global Institute research, almost 1.5 million additional analytical candidates will be needed for various management roles.
Course
Highlights
PGDM
in commercial enterprise analytics is an expert path this is gaining
recognition among college students pursuing control after graduation.
Technology is making its way into the business in a big way, and a PGDM in
business analytics puts students at the forefront of this development.
Here is the path highlights so one can come up with a short evaluation of the PGDM in the enterprise analytics program.
| Particular | Value |
| Course Name | Post Graduate Diploma in Management in Business Analytics |
| Course Level | Postgraduate Diploma |
| Course Duration | 2 years |
| Age | No Limit |
| Eligibility Criteria | Graduation in any stream with at least 50% aggregate marks |
| Entrance Exams | CAT, MAT, XAT, NMAT |
| Course Specialization | Business Analytics |
| Course Mode | Full Time / Distance |
| Examination Type | Semester-based |
| Internship | Mandatory |
| Admission Process | Entrance exam Based |
| Average Annual Fee | Rs. 4,00,000-10,00,000 |
| Average Annual Salary | Rs. 5,00,000-10,00,000 |
| Employment Areas | IT, Finance, MNCs |
| Job Profiles | Business analyst, market research analyst, quantitative analyst data analyst, IT system analyst, Data Scientist, Data Engineer |
| Top Recruiters | Dell, Hitachi, IBM, Tata Consultancy, Accenture, Wipro, Google, Citi Bank, FSSAI, HCL, Amazon, etc. |
Why
study PGDM Business Analytics?
In
the cutting-edge age, generation is making its manner into all guides and
sectors. Information is needed to be collected, analyzed, sorted, and organized
with the usage of technology. This comes under the Business Analytics
specialization. Hence, it is one of the fastest-rising specializations among
students today. A career in business analytics is highly rewarding with great
future prospects.
Here
are some reasons you should choose Business Analytics as your specialization:
(1).
Professional Prospects
PGDM
in business analytics students is high in demand in the professional world.
This is a specialized field that is growing at a fast pace, there are many
different areas students can put their talents to use.
(2).
Trend
This
is a subject that is on-trend regarding the current business scenario.
Technology is now becoming an integral part of many industries, so why should
business be different?
(3).
Easy Adaptability
PGDM
Business Analytics is required in a wide range of industries and sectors. From
the top MNCs to even the Hospitality and Entertainment industry, it includes
all. It is relatively easier to switch and adapt between industries with this
as your specialization. Past experience and professional background are not a
restriction on these choices as the degree is quite wide and far-reaching.
(4).
A Dynamic Career
This
career makes way for professional development throughout their career. The
nature of the task urges one to hold up to date with diverse departments and
sectors, that's a non-stop and enriching getting-to-know process.
(5).
High Packages
PGDM Business Analytics professionals can easily bag high-paying jobs in either private or government sectors. The average salary offered to these graduates ranges from INR 5,00,000-10,00,000 PA.
(2).
Admission Process
PGDM in Business Analytics admission is possible by both entrance examination and merit-based selection. Candidates applying for the PGDM in Business Analytics degree might have their results from the respective entrance exam boards required by the selected/opted universities.
Types
of PGDM in Business Analytics Courses
Aspirants can pursue the PGDM in Business Analytics path in the full-time, part-time mode and Distance modes. Below are the varieties of PGDM in Business Analytics publications in detail:
(1).
Distance
PGDM
Business Analytics Distance learning is provided by lots of institutions and
colleges in India and like full-time, it is for 2-4 years. This course is for
students for whom it is unaffordable to attend classes on campus or who are
working full-time and are unable to devote the time necessary to complete a
full-time course.
(2).
Full-Time
The
full-time PGDM in Business Analytics duration is of 2 years, during which
students attend classes in person, submit assignments, and write their exams
on-campus.
(3).
Part-Time
The part-time PGDM in Business Analytics course is for 2-4 years and is designed for students who cannot attend regular classes. Part-time courses either occur at weekends or at night, depending on the type of course.
Eligibility
Criteria
The
candidates who are interested in taking admission to the PGDM in Business
Analytics course must first ensure that they meet the eligibility criteria for
the course. Given below are the eligibility criteria specified by AICTE for
PGDM in Business Analytics. Colleges may have additional or different
conditions than the ones specified below:
Admission
Process
Here
are the details regarding the process of admission to the PGDM in Business
Analytics course.
(i). The
admissions are entrance-exam based and colleges also consider other details
such as previous academic performance.
(ii). The candidates need to appear for MBA the front exams which incorporate
CAT / MAT / XAT / IPMAT etc. Some private colleges have seats reserved under
the management quota for which direct admissions are conducted.
(iii). The candidates who qualify for the cutoff of the college are shortlisted
for selection. Shortlisted candidates are then called for a GD/PI round of the
institute.
(iv). Final admissions are granted primarily based totally on the general
overall performance of the candidates.
Accepted
Entrance Exams
Entrance exams are a popular way for many colleges to have an evaluation to decide which student should be admitted to the course. These faculties need the front exams, as the name for the faculties of the one is higher than the huge form of seats available. Listed underneath are a number of the famous PGDM in Business Analytics front exams:
| MAT | CAT |
| ATMA | XLRI XAT |
| MAH-CET | SNAP |
| TISS NET | NMAT |
| IBSAT | CMAT |
Skill
Required
Candidates who wish to pursue a PGDM in business analytics are required to inherit a diverse set of skills that can help them become successful in the field of business. Those who want to pursue Business Analytics as a profession have to own or expand the subsequent skill set:
| Problem-solving ability | Analytical Skills | Keen Observation |
| Proficient in verbal and written communication | Business Acumen | Knowledge of algorithm designing |
| Programming languages | Interpersonal Skills | Knowledge of DBMS |
| Quantitative reasoning | Critical Thinking | Logical reasoning |
| Strong in Mathematics | Data interpretation | Numerical ability |
| Time Management | Eye for Detail |
Fee
Structure
The PGDM in Business Analytics course fee is variable and relies on many factors. Some of the elements which have an effect on the PGDM in Business Analytics costs include the Location of the college, faculty, demand, infrastructure, and the provisions for the students. The average PGDM in Business Analytics fees in India is around INR 10,00,000-23,00,000 PA.
| Name of College | Average Annual Fee(INR) |
| NIT Trichy | INR 4,00,000 |
| BVDU, Pune | INR 6,50,000 |
| IIM Bangalore | INR 23,00,000 |
| XLRI, Jamshedpur | INR 23,60,000 |
Selection
Criteria
The selection process for PGDM in Business Analytics in India is largely similar, regardless of the subspecialty. In many circumstances, universities make their very last choice of applicants primarily based totally on their admission examination rankings after receiving a utility for a program. Furthermore, the instructional achievements of the applicants in the course of their undergraduate tiers have an enormous impact.
(3).
Course Comparison
PGDM
in Business Analytics v/s MBA Business Analytics
PGDM in Business Analytics path normally catered to college students inquisitive about and willing toward principles of Data analytics, logistics, etc. The table below showcases the differences between PGDM in Business Analytics and MBA in Business Analytics:
| Parameter | PGDM in Business Analytics | MBA Business Analytics |
| Course Name | Post Graduate Diploma in Management in Business Analytics | Master of Business Administration in Business Analytics |
| Course Overview | PGDM in Business Analytics is a two-year control path that objectives a hastily developing zone of enterprise analytics. It is associated with the statistics analytics subject and entails the examination of topics concerned in the theorems, applications, technologies, and techniques hired inside the evaluation of information to derive business-associated insights. | The MBA Data Analytics course is designed to study the process of collecting and analyzing and processing raw data to provide insights into the data to the required domain. This course is designed in a manner that emphasizes knowledge of data analytics along with the basic knowledge of data analytics will help the students in application analytics such as neural networking, prediction algorithm, and forecasting methods that can be applied to business strategies. |
| Course Duration | 2 years | 2 years |
| Eligibility Criteria | Graduation from any stream from a recognized university | Graduation from any stream from a recognized university |
| Admission Process | Merit-Based/Entrance Exam | Merit-Based/Entrance Exam |
| Course Stream | Business Analytics | Business Analytics |
| Entrance Exams | CAT, MAT, CMAT, SNAP | CAT, MAT, CMAT, SNAP |
| Average Fees | INR 3,00,000-12,00,000 | INR 5,00,000-15,00,000 |
| Top Colleges | Welingkar, IFIM Business School, NMIMS, LBSIM, ITM Business School | NIT Trichy, Amity University, IFMR Graduate School of Business, LPU |
(4).
Top Colleges
Mentioned under are the top PGDM Business Analytics Colleges in conjunction with their rate shape in pinnacle towns around India. Some of the top PGDM Business Analytics Colleges in India are tabulated below:
| Name of College | Average Annual Fee(INR) | Location |
| Siva Sivani Institute Of Management (SSIM) | INR 6,50,000 | Secunderabad |
| Narsee Monjee Institute of Management Studies | INR 8,50,000 | Mumbai |
| NITTE School Of Management (NSOM ) | INR 6,80,000 | Bangalore |
| Lal Bahadur Shastri Institute of Management | INR 5,84,000 | Delhi |
| NIT | INR 14,01,520 | Trichy |
| ICBM - School Of Business Excellence (ICBM SBE) | INR 5,76,000 | Hyderabad |
| IIM | INR 23,00,000 | Bangalore |
| IFIM Business School | INR 8,00,000 | Bangalore |
| ASM's Institute Of Management And Computer Studies (IMCOST) | INR 6,50,000 | Mumbai |
| ITM Business School | INR 4,95,000 | Navi Mumbai |
| Jagannath International Management School | INR 3,60,000 | New Delhi |
| IIM | INR 24,00,000 | Calcutta |
| Indus Business Academy | INR 4,31,000 | Greater Noida |
| Vishwa Vishwani Institute Of Systems And Management (VVISM) | INR 7,20,000 | Hyderabad |
| Welingkar Institute of Management | INR 1,10,0000 | Mumbai |
| IIT | INR 20,00,000 | Kharagpur |
| ISI | INR 10,00,000 | Kolkata |
| Lovely Professional University | INR 3,04,000 | Punjab |
| Gitam School Of International Business | INR 3,00,000 | Visakhapatnam |
Top
City-wise PGDM Business Analytics Colleges
Some of the top city-wise PGDM Business Analytics Colleges in India are tabulated below:
| Name of City | Name of College | Average Annual Fee(INR) |
| Hyderabad | JOHN’s Business School | INR 4,50,000 |
| VJIM | INR 7,50,000 | |
| ISTTM Business School | INR 4,50,000 | |
| Aurora’s Business School | INR 5,40,000 | |
| SSIM | INR 7,60,000 | |
| DCM | INR 6,55,000 | |
| Chennai | BSAU | INR 7,48,000 |
| PGSBE | INR 3,50,000 | |
| ITM Business School | INR 9,90,000 | |
| RSB | INR 6,00,000 | |
| LIBA | INR 12,20,000 | |
| Bangalore | ISB&M | INR 7,40,000 |
| Sunstone Eduversity | INR 1,25,000 | |
| ISME | INR 8,25,000 | |
| ASM | INR 7,00,000 | |
| AIMS Institute | INR 9,00,000 | |
| IFIM Business School | INR 12,00,000 | |
| GIBS B School | INR 7,40,000 | |
| Indus Business Academy | INR 9,62,000 | |
| ISBR Business School | INR 9,00,000 | |
| SIUB | INR 1,31,000 | |
| Pune | Dr, DY Patil B- School | INR 7,50,000 |
| Dr. DY Patil Vidya Pratishthan Society | INR 6,50,000 | |
| ISMR | INR 6,00,000 | |
| ASM Group of Institutes | INR 6,50,000 | |
| PIBM | INR 7,95,000 | |
| IIBR | INR 1,94,000 | |
| KIAMS | INR 12,50,000 | |
| CIM | INR 7,00,000 | |
| Lexicon Mile | INR 8,30,000 |
Top
PGDM in Business Analytics Government & Private Colleges
Government
colleges for higher education provide high-quality affordable education to
deserving candidates. There are a variety of options when it comes to PGDM in
Business Analytics in Government Colleges.
Check the list tabulated below regarding the top PGDM in Business Analytics government & private colleges in India:
| Type of College | Name of College |
| Government | BVDU, Pune |
| IIM Ranchi | |
| Parul University, Vadodara | |
| IIM Bangalore | |
| NIT Trichy | |
| Private | SCMHRD |
| KIIT School of Management | |
| Amity University | |
| XLRI | |
| NMIMS |
(5).
Job & Placements
PGDM
Business Analytics has a huge utility and makes use of it throughout industries
over a spectrum of roles. There are a plethora of opportunities in various
sectors such as banking, retail, finance, insurance, healthcare, automobile,
etc. Based on your skills and aptitude you can get jobs in some of the more
advanced areas of analytics, ranging from machine organizing to artificial
intelligence, and more.
Job
Profiles
The table below shows some of the popular PGDM Business Analytics jobs, along with the job description:
| Job Profile | Job description |
| Business Analyst | A business analyst is a professional who is responsible for studying various business data and manipulating that data to be used by an organization for its own profit. A business analyst uses different data sets to analyze the current market trends and infer what is gaining profit and what is making a loss. |
| Market Research Analyst | Responsibilities include monitoring and forecasting marketing and sales trends, measuring the effectiveness of marketing programs and strategies, and devising and evaluating methods for collecting data, such as surveys, questionnaires, and opinion polls. |
| Economist | An economist is a professional who is responsible for conducting studies related to society’s wealth and resources and their production value. They perform these studies with the help of different algorithms and data sets to analyze the overall production value of a society. All the major decisions pertaining to the national or global economy are taken on the basis of results derived by an economist. |
| Health Care Analyst | Responsibilities consist of comparing clinical information to enhance the commercial enterprise a part of hospitals and clinical facilities, preparing status reports, creating record-keeping processes, and assessing data from different sources. |
| Investment Banker | Investment Banker is a professional who is responsible for analyzing the current financial trends involved in stocks and investment and inferring proper results which can be used to improve an organization’s investment, profits, and overall marketing value. |
| Quantitative Analyst | The duties consist of retaining and enhancing pricing analytics, coordinating and sharing know-how with quants in other locations, optimizing code, and adhering to the team's best practices. |
| Financial Analyst | A financial analyst is a professional who is responsible for conducting various algorithm tests and experiments on large data sets in order to reduce them into significant information which can be processed for financial profit. A financial analyst generally works with an organization. However, there are a few financial analysts that also work independently on a contract basis. |
| Computer System Analysts | The obligations encompass making sure that each one pc structure inside a corporation assists organizational goals, determining the strengths and weaknesses of existing systems, and identifying areas for improvement. |
| Data Scientist | Responsibilities include scrutinizing information using data analysis tools. The significant consequences they pull from the uncooked statistics assist their employers or customers make vital choices via way of means of figuring out numerous statistics and trends. |
Top
Recruiters
PGDM Business Analytics professionals are hired across industries due to technological advancements and a globalized supply chain network. The top hiring organizations in PGDM Business Analytics include:
| Maruti Suzuki | Hyundai Motor India Ltd. | |
| Motorola | IBM | HCL |
| RBS | JSW Steel | Amazon |
| Tata Consultancy Services Ltd. | Le Meridian | Godrej |
| Wipro | Mahindra and Mahindra Ltd. | Hitachi |
| Cognizant | Capgemini | Accenture |
| Dell | Flipkart | HP |
| EY (Ernst and Young) | Genpact |
Employment
Areas
One of the biggest reasons why students choose to do PGDM in business analytics is as it offers them the liberty to be part of any enterprise they want. Any enterprise that generates a number of facts on customers can advantage of it. Here are a few industries that rent PGDM to commercial enterprise analytics graduates.
| Hotels & Resorts | Business Consultancies | Advertisement Agencies |
| Market Research Agencies | Consultancies | Banks |
| MNCs | Educational Institutions | Entertainment Industry |
| Telecoms |
Average
Salary
The
salary of PGDM Business Analytics professionals depends upon the skills
acquired and experience gained over the period of time. The job role and
responsibilities do also play a huge role in the remuneration.
Some of the job roles and their average salary are listed below:
| Job Role | Average Annual Salary(INR) |
| Predictive Modeller | Rs. 9,05,000 |
| Data Scientist | Rs. 8,10,000 |
| Health Care Analyst | Rs. 3,50,000 |
| Data Analyst | Rs. 3,91,000 |
| Computer Systems Analyst | Rs. 6,50,000 |
| Data Architect | Rs. 7,47,000 |
| IT Analyst | Rs. 6,10,000 |
| Analytics Manager | Rs. 10,00,000 |
| Business Analyst | Rs. 6,10,000 |
| Data Engineer | Rs. 4,50,000 |
(6).
Career/Scope
PGDM Business Analytics jobs in Hyderabad, Mumbai, Bangalore, Chennai, and Delhi have substantial progress and are lucrative in every organization. Business Analysts are now not best employed via way of means of Manufacturing Companies, but additionally via way of means of sectors like the Information Technology sector, stock market, Banks, and different financial institutions. The scope of Business Analytics has been expanding all over India as well as the world.
Career
options after PGDM in Business Analytics
Jobs
and careers are the main reasons why we pursue higher education. Those
considering PGDM in business analytics, have a bright future ahead of them.
There are many careers and jobs they can pursue. These jobs come with a good
salary and benefits packages, along with plenty of opportunities to grow.
Here is the top career option you can consider after PGDM in BA degree:
| Data Scientist | Customer Service Analyst | Consultant |
| Healthcare Analyst | Data Management Operator | Relationship Manager |
| IT Analyst | Market Research Analyst | Sales and Market Analyst |
| Logistician | Predictive Analysis Professional | Business Analyst |
| Management Analyst | Project Manager | System Analyst |
Scope
of Business Analytics in India and Abroad
Business analytics is one of the maximum famous and sought-after fields in enterprise management. There are numerous alternatives in employment and better research that you may pick out after the entirety of an enterprise analytics program. Almost every organization calls for enterprise analysts to put together reviews and examine the contemporary marketplace scenario referring to production, resources, finances, and management. All the foremost choices are taken after the research is completed with the aid of using a commercial enterprise analyst. Hence, the scope of commercial enterprise analytics within the contemporary state of affairs is huge.
Scope
for Higher Education
Under
the PGDM in Business Analytics program, students can decide from a plethora of
Niches. Graduate students with a PGDM in Business Analytics degree have several
higher education alternatives available to them, which can help them better
comprehend the field. Furthermore, if students desire to proceed with a career
in research, receiving additional knowledge can help them in doing so. Some of
the most desirable higher education alternatives for students are listed below:
(i). Ph.D.
Auditing
(ii). Ph.D. Agribusiness
(iii). Ph.D. Business and Management
(iv). Ph.D. Business Analytics
Skills
that make you the Best Business Analyst
To
be successful in their employment, PGDM in Business Analytics course graduates
must possess a variety of complex and soft skills. These are not always
abilities that may be found in a classroom. Instead, those are abilities that
may handiest be obtained via practice. Students have to make each try and move
out of doors in their consolation sector and obtain as a lot revel in as they
can. Among these abilities are:
(i). Database
and SQL
(ii). Decision-Making Skills
(iii). Negotiation and Cost-Benefit Analysis
(iv). Programming Languages
(v). Understanding the Business Objective
(vi). Analytical and Critical Thinking
(vii).Communication and Interpersonal Skills
(viii). Creation of Reports and Dashboards
(7).
FAQs
(1). What is Business Analytics?
(2). What is a PGDM in Business Analytics?
(3). What are the common costs for the
commercial enterprise analytics course?
(4). What is the average salary for
business analytics graduates?
(5). Is PGDM Business Analytics better
than MBA Business Analytics?
(6). What is the position of a
Business Analyst?
(7). What are the eligibility standards
for PG guides in enterprise analytics?
(8). Is PGDM in Business Analytics course
of 1 or 2 years duration?
(9). What are the other specializations
I can do besides PGDM Business Analytics?
(10). What are the pinnacle front
tests for PG guides in commercial enterprise analytics?
(11). Is there any age limit to apply
to the course?
(12). What are some good colleges for
PGDM in Business Analytics?
(13). What are the career options
available after PGDM in Business Analytics?
(14). What are the areas of employment
after PGDM in Business Analytics?
(15).
Is Maths compulsory for the Business Analytics course?
The Post Graduate Diploma in Management (PGDM) in Business Analytics at [University Name] in [City Name] is designed to prepare students for successful careers in business analytics. The PGDM in Business Analytics course at [University Name] covers a broad range of topics related to the analysis of business data and the use of data to make informed business decisions.
In PGDM in Business Analytics program, students learn about at [University Name] various aspects of business analytics, including data analysis, statistical modelling, data visualization, and predictive analytics. The students study at [University Name], [City Name] how to analyze business data, how to interpret data patterns, and how to make data-driven business decisions. The curriculum includes subjects such as data analysis, statistical modelling, data visualization, and predictive analytics.
The teaching methods used in the PGDM in Business Analytics program include classroom lectures, case studies, group projects, and real-world simulations. These [University Name] methods help students apply theoretical knowledge to practical situations, enhancing their problem-solving and analytical skills. The [University Name], [City Name] program also includes internships and industry visits, providing students with hands-on experience in the business analytics field.
The faculty at [University Name], [City Name] are experts in business analytics. They bring a wealth of knowledge and practical experience to the classroom, ensuring that students receive a high-quality education. The [University Name] faculty members also provide mentorship and career guidance, helping students to navigate their career paths in business analytics.
Networking is a key component of the PGDM in Business Analytics program. The [University Name], [City Name] organizes various events, including business analytics workshops, industry conferences, and networking sessions with business analytics professionals and industry leaders. These [University Name] events offer PGDM in Business Analytics students the opportunity to build connections, gain insights from experienced professionals, and explore career opportunities in business analytics. The [University Name] career services team also assists students in securing internships and job placements with top business analytics companies.
The PGDM in Business Analytics at [University Name] in [City Name] is an excellent choice for students who aspire to pursue careers in business analytics. The program offers a comprehensive curriculum, expert faculty, and extensive networking opportunities. Graduates of the PGDM program are well-equipped with the knowledge and skills needed to excel in business analytics, make data-driven business decisions, and contribute to organizational success.
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