Title: Scope of MBA-PGDM in Business Analytics
1MBA/PGDM IN BUSINESS ANALYTICS
2What is Business Analytics?
- Business Analytics is a combination of skills,
technologies, application and processes used by
organization to gain insight into their business
based on data and statistics to drive business
planning. - Business Analytics gives insight to make informed
business decision, automate and optimize business
processes. - Business analytics is more prescriptive, committed
to the approach by which data can be
analyzed, trends recognized, and models built to e
xplain past events, establish forecasts for future
- events, and suggest measures to optimize ide
al results. - The goal of a Business Analyst is to determine
which data is useful for an organization that can
increase revenue of an organization.
3TYPES OF BUSINESS ANALYTICS
- Descriptive Analysis It means you will be
assigned to get insight to understand data and
find solution for business situation. - Predictive Analysis This means to see the
business performance of organization and to see
the mistakes so that it wont be repeated. - Diagnostic Analytics Diagnostic Analysis focus
on past performance to see which factors
influence trends. - Prescriptive Analysis Their responsibilities is
to explore and optimize the process to ensure
stronger productivity which will ensure high
return for company
4CAREERS IN BUSINESS ANALYTICS
- Management Analyst This profile ensures that
organizations business operation is running
efficiently. Management Analyst works closely
with all departments to identify business
process, what can be improved and find solution
for improvement. - Data Scientist Data Scientist or Analyst
collect, organize, and analyze data to enhance
productivity of organization. - Business Intelligence Analyst BI analyst are
tasked for gathering and analyzing information to
gain advantage in their organizations associated
with the market which gives upper management a
clear idea of where their business stands in
market. - Program and Marketing Managers These profile
generally have responsibility of developing and
deploying their organization marketing
strategies, which means managing organizations
entire sales and marketing initiatives,
campaigns, and reporting to upper management. -
5CAREERS IN BUSINESS ANALYTICS
- Big Data Specialist Big Data Specialists utilize
latest modern technology to solve challenges.
This position are expected to deliver improved
business performance. - Operations Research Analyst Operational Research
Analyst are responsible for analyzing
organizations operational performance. They are
require to use Informational Technology to
complete their analysis and build solutions to
their problem. - Market Research Analyst Market Research Analyst
are expected to collate, manage and see insights
from huge amount of marketing data. The data
analysis will help to identify potential customer
which will ensure increase in companies revenues.
6HOW PIBM STUDENTS ARE TRAINED IN BUSINESS
ANALYTICS
- CASE STUDY ANALYSIS Case Study Analysis method
is used to train students and give them in depth
knowledge of Data Analysis, Statistical Method
and Data Visualization Models making students
capable to analyze and take decision across
various domains. - LIVE BUSINESS PROJECTS AND INTERNSHIPS Students
are sent to various internships and live projects
in different sectors so that they can understand
the conceptual, analytical, interpersonal skills,
experience leadership and knowledge in a
real-time environment. -
-
7HOW HOW PIBM STUDENTS ARE TRAINED IN BUSINESS
ANALYTICS STUDENTS IN BUSINESS ANALYTICS
- ADVANCED ANALYTICAL TOOL PIBM students are
trained in various Analytical tools such as R,
Python, SAP, SPSS, MS-Excel, Tableau and also
providing thorough training on Microsoft Project,
Data Manipulation and Navigation so that students
can help organization for future growth and
challenges. - LEARNING THROUGH EXPERIENCE PIBM believes in
learning by doing so students are given data to
analyze, Role plays, etc. which will help them to
implement theoretical knowledge into practical. - https//www.pibm.in/Business-Analytics.html
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Contact details
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