As per McKinsey, Business Analytical capabilities are projected to create $ 9.5 trillion to $  15.4 trillion annual economic growth across tech industries, worldwide. Business Analytics is  the process of systematic analysis of a company’s statistics to gain insights into the past  performance records, ongoing business performance, and industry trends to encourage strategic  planning and decision-making capabilities to drive the growth of a company. This field is  widely known for its predictive and prescriptive use that gained tremendous benefits in the  healthcare as well as the finance industry. To carry the same forward, Prestige Institute of Management, Gwalior offers MBA in Business analytics for the students to be industry driven and analyse the in and out of the organisation.

The scope of an MBA in Business Analytics

Globally, we generate a tremendous quantity of data every day- approximately 2.5 quintillion  bytes. All that data is the fuel of companies as it is useful in expanding their reach. The data is  used to make purchasing decisions, and make better products and strategies. A professional  managing these data is a huge asset to a company as: 

  • It helps in enabling data-driven decision-making with the ability to boost profits and  increase the effectiveness of the company. 
  • It enables companies to plan for the future in ways that were previously impossible with  predictive analytics. 
  • It helps make companies, better choices, 
  • It presents straightforward and relevant data to facilitate decision-making and keep the  stakeholders informed. 

As Data Science is hailed as the “sexiest job of the century” by many major institutions, and  with all the changing technologies that connect to Data, the companies are concentrating on  expert professionals who can handle statistics and give a direction to the companies based on  those analyses.

Courses taught in MBA Business Analytics

  • Spreadsheet Modeling 
  • Accounting Analytics 
  • Marketing Analytics 
  • Financial Analytics 
  • Business Statistics 
  • Applied Regression 
  • Principles of Management Science 
  • Data Mining 
  • Forecasting and Modeling 
  • Business Analytics Strategy 

Jobs after graduating from MBA Business Analytics

  • Client Relationship Management: Client service and client experience are the  backbones of consumer relationships. When an organization accurately monitors and  appropriate corrections and ensures client satisfaction, profits increase manifold. To  efficiently manage customer relationships, the organizations have to likewise place  priorities to serve vital clients and to understand the buying behavior of customers.
  • Inventory Management: It is necessary to efficiently manage the inventory for profit  maximization and growing customer satisfaction. Business intelligence can help  companies efficiently observe inventory levels and facilitate inventory optimization  decisions. 
  • HR Professionals: HR professionals can data on various candidates, their academic  background, their track records at various organizations, and find out the high functioning applicants amongst the group of applicants. 
  • Banking: Due to the internet and increasing mobile devices, economic organizations  can penetrate into the houses of potential customers. Banks with the help of analytics  can assess the borrower’s ability to repay the loan. Business Analytics help in  examining the past data and predict how valuable a candidate’s asset will likely be  in the future. 

MBA Business Analytics at PIMG Gwalior

MBA (Business Analytics) is a UGC-recognized full-time program. It is a 2-year AICTE  approved post-graduate program in management, expanded into 4 semesters. Having been  affiliated to Jiwaji University, Gwalior, the institute is NAAC ‘A’ accredited and established  as an institute of repute. The program of MBA (BA) is designed to provide balanced  development in the field of management and data science and make students understand the  conceptual foundations and practical functions. This field of Business Analytics is growing  tremendously and the demand for business analyst managers is in huge demand.

It is expected  that the analytics industry will reach $ 71.1 billion by 2022, having a growth rate at a CAGR  of 7%. In India alone, the demand for business analysts grew by 400%. Hence, we are  determined to work up the demand and give the best professionals to the job market of data  analytics. A degree in MBA Business Analytics will help students to learn to sort and analyze data,  make a valuable organizational impact based on those data, and grow the prospects of the  business, finance, marketing, supply chain, logistics, etc. 

Eligibility:

Candidates seeking admission in MBA (Business Analytics) program must have secured a  minimum of 50% marks in Bachelor's Degree in any discipline from any Indian or Foreign  University/Institute recognized by Jiwaji University. A candidate who has appeared in the final year of the qualifying degree examination during  the current academic session as a regular or private candidate, and also whose result is yet to  be declared can apply on a provisional basis. But such candidates must produce the certificate  of passing the qualifying degree examination, before the last date, as per the institute. 

Key Highlight of the course

  • Every year 30 hours of Specialized Training in Business Analytics by Industry  Experts, 
  • Hands-on training on MS-Excel, Tableau, & R Programming, 
  • Certificate Programme in Python & Analytics, 
  • 240 Hours Lab session to each student every year, 
  • 45 days industrial training program, 
  • Advanced Computer software Law for the students 

Placements at PIMG Gwalior

PIMG Gwalior is considered to be one of the best colleges in terms of placements in Gwalior. Some of the salient placement details are mentioned below: 

  • 103 organizations came to campus for recruitments. 
  • 12 LPA was the highest package offered 
  • 4.66 LPA is the average package 
  • 209% Return on Investment 
  • 143 Organizations provided Summer Internship Opportunities. 

At PIMG, we encourage you to take advantage of the best curriculum available, as well as  your own independent thoughts and study. We believe it is our duty to groom students with  the full-fledged growth of mind and ethics.