PGDM Business Analytics is a 2 year postgraduate management degree that teaches students to collect and analyse data with help of technology to derive business insights and formulate business planning.
PGDM Business Analytics Syllabus consists of subjects like Financial Accounting, Financial Analytics, Managerial Economics, Optimization Analytics, Statistical Analysis etc. Check MBA Full Form
Admission in PGDM Business Analytics top colleges like NMIMS, IFIM Business School, Welingkar Institute of Management is generally offered after qualifying the respective exams. The average fee to pursue this course is INR 1 to 10 LPA. After successful completion of the course students can get an average salary of around INR 10-15 LPA.
Employment of Data Analytics is projected to grow 11% over the next 10 years, much faster than the average for all occupations. 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.
2.1 Why Study?
2.3 When to do PGDM Business Analytics
2.4 Benefits of PGDM Business Analytics Course
2.1 Eligibility
2.4 Entrance Exam Preparation Tips
4.1 Subjects
6.2 Bangalore
6.3 Pune
6.4 Chennai
6.5 Hyderabad
7.1 PGDM Business Analytics vs MBA Business Analytics
8.1 Top Job Profiles
8.2 Top Recruiters
8.3 Salary
PGDM Business Analytics Course Details
- PGDM Business Analytics full form is Post graduate Diploma in Management in Business Analytics.
- PGDM Business Analytics course duration is 2 years.
- PGDM Business Analytics eligibility is Bachelor’s degree from any stream.
- PGDM business analytics admissions are based on both merit as well as entrance examinations conducted both at the national and state level.
- Top Entrance Exams include CAT, MAT, SNAP, NMAT, GMAT, XAT etc.
- PGDM Business Analytics fees range from INR 1- 10 lakh per annum.
- Top recruiters include Amazon, HCL, Wipro, JSW Steel, IBM, Dell etc.
- The average salary of PGDM Business Analytics ranges between INR 5- 12 lakh per annum.
What is PGDM Business Analytics?
PGDM Business Analytics is generally offered by institutes approved by either the All India Council of Technical Education or the Association of Indian Universities. In the case of the latter, the PGDM degree is equivalent to an MBA degree.
Following are some of the points to help you know more about the course details:
- PGDM Business Analytics is the combination of skills, technologies, applications and processes used by organizations to gain data-driven insights.
- The course's findings may be utilized to help judgement across functions like finance, marketing, and management.
- A PGDM Business Analytics is recommended to anyone involved in the planning, implementation, monitoring and measuring the effectiveness of Big Data strategy.
- The program focuses on Analytics as an amalgamation of arts, science, and technology, which has become one of the most prominent applications of technology in the world.
- The course requires students to have several market visits apart from studying theory subjects.
- The primary focus is on the overall development of students with the goal of preparing them to be world-class leaders and business professionals.
Why study PGDM Business Analytics?
In the modern age, technology is making its way into all courses and sectors. Information is required to be collected, analysed, sorted and arranged with the use of technology. This comes under the Business Analytics specialization. Hence, it is one of the fastest rising specialisations 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 specialisation:
- Easy Adaptability: PGDM Business Analytics is required in a wide range of industries and sectors. From the top MNC’s to even the Hospitality and Entertainment industry, it includes all. It is relatively easier to switch and adapt between industries with this as your specialisation. Past experience and professional background is not a restriction on these choices as the degree is quite wide and far reaching.
- A Dynamic Career: This career makes way for professional development throughout their career. The nature of the job urges one to keep updated with various departments and sectors, which is a continuous and enriching learning process.
- Top Recruiters: Graduates with this degree get exposed to top recruits like Amazon, JSW Steel, HCL, HP, Dell, Flipkart, GODREJ, IBM, Hitachi, etc. These companies not only offer decent starting packages but also provide recognition to the employees.
- 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 5-10 LPA.
Who should study PGDM Business Analytics?
- PGDM Business Analyst as a profession is suited for both new and experienced professionals.
- Professionals of any educational background with an analytical frame of mind are best suited to pursue the PGDM Business Analytics Course who want to make a successful career out of them.
- Professionals such as administrators, managers, and project leads who are performing business analysis on a daily basis.
- Students with Analytical mindset and good with numerics can opt for this course and try their hand in Analytics.
- Students who want to work as Analysts and experience the technological changes and want to be a part of it.
- Students who are interested in Data mining and warehousing and have a niche for numbers, analysis and decision making.
When to do PGDM Business Analytics?
Constant changes in technology and business models have given rise to Analytics at an unprecedented level. PGDM Business Analytics provides the platform for the students to keep up the pace with the industry standards.
- Doing PGDM Business Analytics after completing your Bachelor’s degree is an option for the recent graduates.
- PGDM Business Analytics is highly rewarding in nature. There is a huge influx of aspirants in this course. This has led to high costs associated with the degree. Make sure you are financially strong enough while opting for the course.
Benefits of PGDM Business Analytics Course
PGDM Business Analytics is a professional course which is gaining huge popularity amongst the students pursuing management after graduation. PGDM Business Analytics puts the students in the forefront of technological advancements around the world through its course.
The benefits of choosing PGDM Business Analytics program are:
- Trend: Technology has become an integral part of every industry around the world. PGDM Business analytics is a trending course particularly in today's business scenario.
- Future Scope: Data is the new oil. It is the future of everything according to the experts and the role of Business Analytics is about making use of the data to make business decisions.
- Different Course: PGDM Business Analytics is different from other Management courses. It is quite versatile and deals in technology, numbers, analysis and decision making.
- Professional Prospects: PGDM Business Analytics professionals are high in demand all around the world due to modern day business working. The field is growing at a fast pace as the technological advancements are taking place around the world.
PGDM Business Analytics Admission Process
Admissions to the PGDM Business Analytics courses are offered through the common aptitude test (CAT) conducted by top institutes like Indian Institutes of Management. Other entrance tests accepted are XAT, MAT, GMAT, NMAT, etcil.
Based on the test scores of the relevant examination, applicants are selected and called for personal interviews or group discussions. On cracking all the rounds, candidates are granted admission to the course.
Following are the common admission procedure details for PGDM Business Analytics.
- Online Registration: Log on to the website of the respective college and go to the online admissions portal. Create an account by providing details such as email id, contact number, and password. An application number will be generated.
- Form Fill Up: Fill in the application form with the correct details. In most cases, you will have to also select the desired course in the application form. Be sure to carefully choose Business Analytics as the desired specialization.
- Documents Upload: Upload the scanned copies of the documents, images and signatures according as per the requirement.
- Application Fee: Pay the application fee through the appropriate mode using a Credit Card, Debit Card or Net Banking.
- Save and Download: Download the application form and save it. Also keep a hard copy of the same, along with a copy of the fee receipt.
- Group Discussions and Personal Interview: The selected candidates may then have to appear for group discussion and personal interview rounds. In group discussions, common topics will be given to a group of students for their individual views. Questions based on hobbies, interest and academics are asked in the personal interview round.
PGDM Business Analytics Eligibility
Following is a list qualifications required to be eligible for the PGDM Business Analytics course:
- Students must have a minimum of three-year graduate degree with a minimum 50% aggregate marks from any University recognized by AIU /AICTE are eligible.
- Students who are sitting for their final exams can also apply provided they maintain a minimum of 50% aggregate marks at the time of graduation.
- Any graduate can pursue Business Analytics. However, a Science or Commerce background is generally more helpful as it provides a link to maths and statistics which is involved in Business Analytics.
Entrance-Based Admissions
It is essential to give an entrance exam to gain admission into PGDM Business Analytics and make the cut off selected by the university or college.
Students should check which entrance tests are accepted by the college they wish to apply to and give those.
Entrance Exam Dates
| Exams | Registration Dates | Exam Dates |
|---|---|---|
| CAT | August 3 – September 21, 2022 | November 27, 2022 |
| XLRI XAT | August 10 – December 12, 2022 | January 08, 2023 |
| SNAP | August 04 - November 24, 2022 | December 10, 18, and 23, 2022 |
| NMAT | August 01- October 12, 2022 | October 10 - December 19, 2022 |
| CMAT | December 26 – February 25, 2023 | March 26, 2023 |
| MAT (February Session) |
December 27 – February 14, 2023 (PBT Mode) December 27 – February 21, 2023 (CBT Mode) December 27 – February 27, 2023 (CBT Mode) |
February 19, 2023 (PBT Mode) February 26, 2023 (CBT Mode) March 04, 2023 (CBT Mode) |
| ATMA | December 24, 2022 – February 17, 2023 |
February 25, 2023 (February session) May 28, 2023 (May session) July 23, 2023 (July session) |
| MAH-CET | March 2023 – May 2023 | August 2023 |
| TISS NET | December 14, 2022 – January 15, 2023 | January 28, 2023 to February 28, 2023 |
| IBSAT | To be Announced | To be Announced |
Entrance Exam Preparation Tips
The primary examination concerned for entrance to all PGDM courses is the Common Aptitude Test. However, most entrance exams follow similar patterns and are designed to assess candidates' aptitude.
To improve one's performance, consider the following suggestions:
- Focus on improving your fundamentals: An examination like the CAT necessitates absolute conceptual clarity and a thorough understanding of the fundamentals. Attempt to identify your own weaknesses and strengths, and then work to improve them.
- Practice managing your time: Time yourself and make sure you stick to the alloted time for each question while preparing. Also work on accuracy on the attempted questions, instead of attempting all questions hurriedly. Keep practicing mock tests and solve previous year papers.
- Organisation of work:There is no shortage of study material for a popular exam like CAT. However, having multiple study resources can be confusing and stressful. Therefore, students are advised to research well about their choice of study material and stick to the same instead of trying to cover topics from everywhere.
- Comprehension: Candidates should primarily focus on the reading and solving comprehension passages as a majority of questions will be from this topic. For a good attempt to score 95 percentile, candidates should attempt to answer 26+ questions.
- There are three main sections in these exams:
-
Verbal Reasoning and Reading Comprehension
-
Logical Reasoning and Data Interpretation
-
Quantitative Aptitude/ Reasoning
- Apart from this, some entrance exams also have a General Knowledge (GK) section.
- For verbal reasoning, read books, journals, magazines, newspapers, etc. of international standards like Economic Times, Wall Street Journal and more.
See More:
PGDM Business Analytics Syllabus
The programme is generally divided into 4 semesters, each of which last approximately 6 months. From Management Functions, Business Statistics to subjects like Data Analytics, Business Law & Corporate Governance and more, PGDM Business Analytics Syllabus revolves around the core of Business Analytics.
Throughout the duration of the course, students are required to do several industry visits, market surveys and other relevant projects related to the course. This shows how the PGDM Business Analytics is not only oriented towards theoretical approaches, but an amalgamation of both theory and practice.
PGDM Business Analytics Subjects
Mentioned below is a tabulation of the PGDM Business Analytics syllabus of each semester.
| Module 1 | Module 2 |
|---|---|
| Management Functions & OB | Operations Management |
| Business Statistics | Human Resource Management |
| Managerial Economics | Marketing Management |
| Introduction to IT Systems | Research Methodology |
| Business Communication | Financial Management |
| Financial Accounting | Economics and Social Environment |
| Module 3 | Module 4 |
| Introduction to Big Data | Business Law |
| Data Analytics Using R | International Business |
| Data Analytics Using SAS | Entrepreneurial Management |
| Advanced Analytics using R | Enterprise Systems |
| Applied Statistics | Management Accounting |
| Study Development | Corporate Governance |
| Case Business Simulation | Project Work |
PGDM Business Analytics: Distance Education
PGDM Business Analytics Distance Education is a 2-year correspondence postgraduate degree program in management. Distance PGDM Business Analytics is one of the lucrative study options for students who are unable to pursue regular PGDM Business Analytics due to some constraints.
Some of the common points under Distance PGDM Business Analytics Eligibility are:
- Qualifying Bachelor’s in any discipline
- Securing aggregate 50% marks in 10+2 and graduation
- Qualifying marks in entrance exams.
PGDM Business Analytics Distance Top Colleges
The top colleges offering PGDM Business Analytics in a distance learning mode along with their fee structure is mentioned below.
| College Name | Fees(INR) |
|---|---|
| Venkateswara University, Pune | 1,40,000 |
| Dr. DY Patil School of Open and Distance learning | 76,000 |
| Venkateswara University, Itanagar | 24,000- 84,000 |
PGDM Business Analytics Colleges
Mentioned below are the top PGDM Business Analytics Colleges along with their fee structure in top cities around India. Some of the top PGDM Business Analytics Colleges in India are tabulated below:
PGDM Business Analytics Colleges in India
| College Name | Average Annual Fees |
|---|---|
| IIM Bangalore | 23,00,000 |
| IIM Calcutta | 24,00,000 |
| IIT Kharagpur | 20,00,000 |
| ISI Kolkata | 10,00,000 |
| Narsee Monjee Institute of Management Studies | INR 8,50,000 |
| Welingkar Institute of Management | INR 1,10,0000 |
| IFIM Business School | INR 8,00,000 |
| Lal Bahadur Shastri Institute of Management | INR 5,84,000 |
| ITM Business School | INR 4,95,000 |
| Indus Business Academy | INR 4,31,000 |
| Gitam School Of International Business | INR 3,00,000 |
| Jagannath International Management School | INR 3,60,000 |
| NIT Trichy | INR 14,01,520 |
| Lovely Professional University | INR 3,04,000 |
PGDM Business Analytics Colleges in Bangalore
| College Name | Fees(INR) |
|---|---|
| IFIM Business School | 12,00,000 |
| Indus Business Academy | 9,62,000 |
| AIMS Institute | 9,00,000 |
| ISBR Business School | 9,00,000 |
| ISME | 8,25,000 |
| SIUB | 1,31,000 |
| GIBS B School | 7,40,000 |
| ASM | 7,00,000 |
| Sunstone Eduversity | 1,25,000 |
| ISB&M | 7,40,000 |
PGDM Business Analytics Colleges in Pune
| College Name | Fees(INR) |
|---|---|
| PIBM | 7,95,000 |
| KIAMS | 12,50,000 |
| Lexicon Mile | 8,30,000 |
| ISMR | 6,00,000 |
| CIM | 7,00,000 |
| IIBR | 1,94,000 |
| ASM Group of Institutes | 6,50,000 |
| Dr. DY Patil Vidya Pratishthan Society | 6,50,000 |
| Dr, DY Patil B- School | 7,50,000 |
PGDM Business Analytics Colleges in Chennai
| College Name | Fees(INR) |
|---|---|
| LIBA | 12,20,000 |
| ITM Business School | 9,90,000 |
| RSB | 6,00,000 |
| PGSBE | 3,50,000 |
| BSAU | 7,48,000 |
PGDM Business Analytics Colleges in Hyderabad
| College Name | Fees(INR) |
|---|---|
| Aurora’s Business School | 5,40,000 |
| DCM | 6,55,000 |
| VJIM | 7,50,000 |
| SSIM | 7,60,000 |
| ISTTM Business School | 4,50,000 |
| JOHN’s Business School | 4,50,000 |
PGDM Business Analytics College Comparison
The table below shows the comparison made between two of the top PGDM Business Analytics Colleges in India:
| Parameters | NIT Trichy | Narsee Monjee Institute of Management Studies |
|---|---|---|
| College overview | NIT Trichy offers 10 undergraduate and 28 graduate programs. It is one of the 31 National Institutes of Technology in India. | Narsee Monjee Institute of Management Studies (NMIMS) was founded in 1981 under the patronage of SVKM. It is one of the top 10 B-Schools of the country. |
| Business Today Ranking | 47 | 9 |
| Location | Tiruchirappalli | Mumbai |
| Average Annual Fee | INR 14,01,520 | INR 8,50,000 |
| Average Annual Package | INR 15-18 LPA | INR 17.79 LPA |
| Top recruiters | Cognizant, Amazon, Google, Intel, Microsoft, Cisco, Oracle, L&T, , HCL, Deloitte US & India, ZS Associates, etc | ICICI Bank, Honeywell, L&T Infotech, Kotak Mahindra Bank, Aditya Birla Capital, HDFC bank, Cognizant, Max Life Insurance, OYO, etc |
PGDM Business Analytics: Course Comparison
PGDM Business Analytics is very much similar when compared with other courses such as MBA Business Analytics. Both the courses teach the students to deal with technological and data driven environments in the business world.
PGDM Business Analytics vs MBA Business Analytics
PGDM Business Analytics stands for a Post Graduate Diploma in Management (Business Analytics) while MBA is a Master of Business Administration (Business Analytics). Both these courses have their own objectives and subjects.
Below we have discussed the major differences between both the courses on major parameters.
| Parameters | PGDM Business Analytics | MBA Business Analytics |
|---|---|---|
| Degree Type | Post Graduate Diploma in Management | Master of Business Administration |
| Course Overview | This course is offered by the universities Approved by AICTE. It revolves around both the technical aspects and theoretical aspects of business analytics. | This course is offered by the universities Approved by AIU or affiliated to other such institutions. The field focuses on technical and business domains which aim to deal with technology and data driven environments. It follows a business and industry approach of study |
| Duration | 2 Years | 2 Years |
| Eligibility | Graduation in any stream from any recognized university. | Completed Bachelor’s degree or Master’s degree from any recognized university with minimum 50% aggregate. |
| Admission Criteria | Merit Based/Entrance Exam | Merit Based/Entrance Exam |
| Average Annual Fees | INR 3-12 LPA | INR 5- 15 LPA |
| Top Colleges | Narsee Monjee Institute of Management Studies, Welingkar Institute of Management, IFIM Business School, Lal Bahadur Shastri Institute of Management ITM Business School, etc | NIT Trichy, Lovely Professional University, Amity University, IFMR Graduate School of Business, etc |
| Average Salary | INR 5-10 LPA | NR 8- 16 LPA |
PGDM Business Analytics Jobs & Placements
PGDM Business Analytics has a wide application and uses across 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, artificial intelligence and more.
The average pay scale for a fresher is INR 5-6 lakh per annum based on the skill and organization. After 2 years the average pay scale increases to 7-10 lakh per annum. Staying consistent throughout the field can even help an individual earn more than INR 10 LPA.
Check:
Top Job Profiles
The table below shows some of the popular PGDM Business Analytics jobs, along with the job description and their average annual salary.
| Job Position | Description | Average Annual Salary |
|---|---|---|
| Data Scientist | Responsibilities include scrutinising information using data analysis tools. The meaningful results they pull from the raw data help their employers or clients make important decisions by identifying various facts and trends. | INR 7 LPA |
| 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. | INR 8 LPA |
| HealthCare Analyst | Responsibilities include evaluating medical data to improve the business part of hospitals and medical facilities, preparing status reports, creating record-keeping processes, and assessing data from different sources. | INR 6.5 LPA |
| Quantitative Analyst | The responsibilities include maintaining and improving pricing analytics, coordinating and sharing knowledge with quants in other locations, optimizing code, and adhering to the team's best practices. | INR 13 LPA |
| Computer System Analysts | The responsibilities include ensuring that all computer systems within an organization support organizational goals, determining the strengths and weaknesses of existing systems, and identifying areas for improvement. | INR 6 LPA |
Top Recruiters
PGDM Business Analytics professionals are hired across the industries due to the technological advancements and a globalised supply chain network. The top hiring organizations in PGDM Business Analytics include:
| Amazon | Dell |
| JSW Steel | Flipkart |
| HCL | Godrej |
| Wipro | IBM |
| HP | Hitachi |
PGDM Business Analytics 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 is listed below:
| Job Role | Average Salary(INR) |
|---|---|
| Data Scientist | 6,37,000 |
| Data Analyst | 3,91,000 |
| Analytics Manager | 10,00,000 |
| Business Analyst | 5,38,000 |
| Business Analyst(IT) | 3,57,000 |
| Data Architect | 7,47,000 |
| Data Engineer | 4,50,000 |
After PGDM Business Analytics
PGDM Business Analytics jobs in Hyderabad, Mumbai, Bangalore, Chennai, and Delhi have substantial progress and are lucrative in every organization. Business Analysts are no longer only hired by Manufacturing Companies, but also by 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.
However, after successfully completing the course, one can opt to get a higher degree as well. In that case, M.Phil or Ph.D courses in management are the popular ones to choose from. A higher degree in the same domain will not only make an individual more professional but will also help to have a strong understanding of the subject.
Organisations are mostly following a data driven analysis. The business analytics role is combined with data analytics which is going to play an important role for data security systems of an organization. This, in turn, acts as a contributor in making the future of PGDM Business Analytics prosperous and bright.
PGDM Business Analytics FAQs
Ques. What is NMAT?
Ans. NMAT is an important national level MBA entrance test leading to PGDM admission 2023 in top PGDM colleges like NMIMS Mumbai, ITM Business School, etc. It used to be conducted by the Narsee Monjee Institute of Management Studies but is now conducted by the Graduate Management Admission Council.
Ques.Is PGDM Business Analytics better than MBA Business Analytics ?
Ans. Both PGDM Business Analytics and MBA Business Analytics are postgraduate degrees in the management field. The basic difference between them is that MBA Business Analytics provides a more practical approach than PGDM Business Analytics . There is a difference in the course fees as well.
Ques.What are the other specializations I can do besides PGDM Business Analytics?
Ans. PGDM offers many specializations like Marketing, International Business, Finance, Logistics-Supply Chain Management & Operations, and many more.
Ques. What are the top colleges in Maharashtra to do PGDM Business Analytics from?
Ans. Maharashtra has some of the leading colleges in this field. These include NMIMS, Welingkar Institute of Management and ITM Business School. Check the PGDM Business Analytics college in Maharashtra.
Ques.How do I become a strong contender to be selected for this course?
Ans. Besides fulfilling the requirement, you should present a strong educational background (excellent grades and test scores), outstanding intellectual capabilities, potential to engage in high quality research, a high level of motivation and drive to become a scholar in this course.
Ques. I have not given the CAT this year. Can I still apply for the course?
Ans. If you have given CAT within the last three years, you can still apply. In addition, you can also apply through the other examinations such as XAT, MAT, NMAT or GMAT.
Ques.Is there any age limit to apply to the course?
Ans. No, there is no age limit.
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