Study MBA in Business Analytics to Analyse Data
Among the hottest talks about technology stands the topic of analytics that is a mixture of sciences, arts and other technologies. The term is an umbrella concept that refers to the technologies, processes and techniques that turn data into knowledge and information driving crucial business decisions. Aspirants who wish to take up this subject as a course of study at the undergraduate level, can develop competencies and knowledge on different analytical tools to collate and analyse data that can generate business intelligence and supplement various functional areas of different industry domains.
Scope and Career Prospects
Business analytics are useful in several sectors like retail, finance, manufacturing, healthcare, oil and gas, energy, sports, telecom, gaming, social media, e-governance, e-commerce etc. The industry has wider career prospects for students who wish to take up this discipline at the graduate level. They can work as a business analyst and go up to the level of an industry expert or project manager. Students can also end up being employed as a data analyst, data warehousing expert, business intelligence expert, business intelligence expert and data mining expert.
Minimum Eligibility
If you want to pursue an MBA in Business Analytics, you just need to enrol with a minimum requirement of 50 percent marks at higher and senior secondary stage. Also, a B. Tech or BE in any area is highly appreciated. Students with a background in B. Sc. (PCM) or B. Sc. (Maths) with a BA in Statistics, Maths or Economics are a plus factor. However, aspirants with B. Com. or BBA with at least 50 percent score at a recognised university may also opt for Business Analytics MBA Programme.
The objective behind studying this subject is to gain necessary analytical skills in the given area. The business analytics include both business and technical aspects. Other things falling under its purview are data visualisation, performance management, business drivers as well as business metrics delivery.
Course Structure
This discipline of study is insightful as it covers organisational behaviour, business communication, accounting for managers, economics and management decisions, marketing management, operational and marketing research, econometrics and applied statistics. Domain specific courses have also been designed to include data analytics lab, applied statistics lab, database and query languages, applied business intelligence as well as data cleaning, normalisation and data mining.
In the second year of masters of business administration, future professionals can gain sound knowledge of strategic management, enterprise risk management and legal aspects of business. Getting further domain specific, educational institutions offer lessons in data visualisation, applied big data analytics, marketing and retail analytics, time series analysis as well as social and web analytics to offer you a sound knowledge of the field.
