The business analytics and intelligence program at IIM Bangalore is a very prestigious course, but according to my brother's suggestion, you should keep some points in your mind before opting for the course.
Categories | IIM Bangalore |
Course Fee | 14 lakhs |
Highest CTC | 60 LPA |
Average CTC | 28-29 LPA |
Recruiting Companies | Mindtree, Asian Paints, Mercedes, HSBC, etc. |
Last but not least we can conclude that keeping the above points in mind you can take admission into the business analytics and intelligence program at IIM Bangalore.
To begin with, you should get some formal education in the background but doing a Business Analytics course specifically is not necessary. You can join online classes like Edureka for the same but you will need to be highly self-motivated.
Once you have 2 years of professional experience, you will have a lot of opportunities. As a fresher, you might struggle a little initially so look for some experience at the side and you will be able to get into your analytics career easily later.
Here is a table showing some standard salary analytics:
Job Location | Experience | Software knowledge | Salary offered |
MNCs | 0 to 4 years | R, Python, and Excel | INR 10 to 12 LPA |
Startups | INR 5 to 8 LPA |
If you are planning to study on your own, you will take about 6 months of diligent practice with 4 to 5 hours weekly commitment. With this, you will be able to learn a lot of concepts like Hive, Scala, Java, and Python. Before joining any company, ensure that your concepts are clear because these play a major role in business analytics.
You can join internships in startups. This will help you gain the exposure you need and then you can switch over to MNCs with a larger skillset.
One of my friends did the BUsiness Analytics Intelligence executive education course from IIM Bangalore and was able to provide some information regarding the course.
Pros of BAI course at IIMB -
Cons of BAI course at IIMB -
So, the course is definitely good. However, doing it just for the brand name won't help. The corporate will think of the value and knowledge you bring to the table too.
Yes, Commerce students can opt for Business Analytics and Data Science from IIM Bangalore. Your domain knowledge of Finance and Commerce will help you get good career opportunities in Financial Analytics. From credit score prediction to stock prices, Data Analytics has a huge implementation in the Financial and Banking sector. This course will help you explore the various use of financial data.
You certainly need to invest some time to get comfortable with the technological tools. Apart from IIM, there are plenty of resources available online that can help you learn the technology.