Direct MBA Admission in B-Schools for Business Analytics
Direct MBA Admission in B-Schools for Business Analytics .For a graduate it is necessary to make a choice according to his/her preference and MBA in Business Analytics is one of the best courses that can be taken up by a student, particularly if he/she is interested in solving the complex business problems by implementing data-driven strategies. The message is clear. Your MBA is incomplete unless you throw in a bit of Business Analytics into it. Less than a month back, McKinsey advertised global positions for MBA graduates (Marketing and Finance) who understand the science behind decision making. In other words, the company was looking for professionals who understood analytical tools and had familiarity with concepts of data science, in other words, Business Analytics professionals.
Visit us to check MBA admission notification for 2020 and 2021 for different specialization that are available , Application dates & eligibility for MBA in Top Colleges in India, Get Direct MBA Admission in B-Schools for Business Analytics contact us and reach us for more Details .For further information Contact Ace1Guru Visit our website www.direct-mba.com o Call @ 9742479101 (Ankit Mishra) || 9742886036 (Anis) || 9035556036 (Mayur Gautam)
Top Reasons Why Business Analytics Is a Must for MBA Grads!
Business Analytics: Making sense to both Business and IT
A Busines Analyst typically uses tools like R to spot trends, manage a reporting dashboard and ensure that data is presented in a personalized, meaningful manner for consumption by the busines and IT departments of an organization. Today, this is an integral skill that is expected from M.B.A degree holders. According to KPMG, M.B.A holders need to be technical enough to speak the language of data science, and also need to know how to use data to solve busines problems and deliver results.
Business Analyst vs. Data Scientist- (Direct MBA Admission in B-Schools for Business Analytics)
The role of a Busines Analyst involves researching and extracting valuable information from data sources to explain busines performance (present and future). A Busines Analyst also determines the right approach to improve the busines. Busines Analysts come with domain expertise but limited statistical abilities. This gap is filled by Data Scientists who are advanced statisticians.
Expanding roles in Business Analytics-(Direct MBA Admission in B-Schools for Business Analytics)
For M.B.A holders, specifically from Finance and Marketing backgrounds, having familiarity with basic analytics and statistics is a must. This can range from advanced knowledge of Excel to skills around tools like R and SPSS. An overview of visualization tools like Tableau will be of great help. Having said that, the role of a Business Analyst is fast changing and the lines between a Busines Analyst and Data Scientist are blurring, day by day. A traditional Busines Analyst job description was more focused around using a system or a set of systems to derive data and present to the Busines. Today, they have the opportunity to shift towards the Tech side by learning the requisite skills to create advanced algorithms, and understand concepts of Regression and Modelling.
Bright Future-(Direct MBA Admission in B-Schools for Business Analytics)
With experts predicting that 40 zetabytes of data will be in existence by 2020, careers hinging on analytics will only shoot through the roof. Shortage of skilled professionals in a world which is increasingly turning to data for decision making has also led to the huge demand for Busines Analysts and Data Scientists in start-ups as well as well-established companies. Got a question for us? Please mention it in the comments section and we will get back to you.
What you can do With a Business Analytics M.B.A? – (Direct MBA Admission in B-Schools for Business Analytics)
- You’re probably well aware that you’re every mobile app usage, debit card purchase, and website visit generates data.
- Globally, we generate a mind-boggling quantity each day: a cool 2.5 quintillion bytes. All that data is a potential goldmine for companies.
- Busineses have always sought to figure out just who is using their services, how they make purchasing decisions, and how companies can better capture their busines through new products and strategies.
- Once upon a time, that meant looking into the company sales ledger and projecting next quarter’s performance.
- Nowadays, companies have massive volumes of data to work with, with today’s digital purchases tracked right down to the penny and the second.
- The data (both structured and unstructured) that busineses collect every day is called Big Data, and it’s as much a corporate asset as a company’s equipment or securities.
- But it’s one thing to gather raw data, and another thing to analyze it in order to generate actionable information.
- Through busines analytics, companies can uncover trends and patterns underlying their data.
What is an MBA in Business Analytics? – (Direct MBA Admission in B-Schools for Business Analytics)
- If you have an analytic mindset, a flair for statistics, and busines savvy, you may be interested in tapping into this challenging and in-demand field.
- An M.B.A in busines analytics is an ideal way to launch your busines analytics career, particularly if your primary interest is in the applied aspects of the field- namely, guiding busines practices through data-driven decision-making.
- Simply put, an M.B.A in Busines Analytics is a traditional Master of Busines Administration (MBA) degree with a concentration (major) in Busines Analytics.
- That means that when you graduate, you’ll be a busines administration professional first and foremost, but with an enhanced understanding of data analytics tools, and how to leverage data insights to make busines decisions.
- Also Read: IFIM Business School Bangalore Direct MBA Admission
M.B.A in Business Analytics: Admission Process
(Direct MBA Admission in B-Schools for Business Analytics)
Admission of the student in the course is strictly done on the basis of marks obtained by them in graduation. Preference will be given to the students who have cleared CAT/ MAT/ XAT/ GMAT entrance exam. Admission process varies across colleges. Below are some entrance exams conducted for the admission in the course:
- CAT Common Admission Test
- MAT Management Aptitude Test
- GMAT Graduate Management Admission Test
- XAT Xavier Aptitude Test
- CMAT Common Management Admission Test
- Candidates must have passed Bachelor’s degree or Master’s degree from any recognized university with minimum 50% aggregate marks and 45% marks must be obtained by candidates belong to SC/ ST category
- Students who are appearing or waiting for their result can also apply for admission
What is the scope of pursuing MBA in Business Analytics?
(Direct MBA Admission in B-Schools for Business Analytics)
Although you may get to hear that the world of busines analytics usually revolves around ‘Big data’ but it is partially true. Here is how pursuing this course might take your career to:
Descriptive analysis- Direct MBA Admission in B-Schools for Business Analytics .You would be assigned to get a thorough insight into ways to apply data to understand and find solutions of past and future busines situations.
Predictive analysis- Direct MBA Admission in B-Schools for Business Analytics You owe a very fat chance to get placed in this job role, as it requires you to the busines performance of your organization in the past. And to hunt out the fallacies so that it wouldn’t get repeated in the future.
Prescriptive analysis- Direct MBA Admission in B-Schools for Business Analytics Though a name sounds a bit peculiar, you would be given sufficient training for these, so don’t be stressed. You would be responsible to explore and sort out optimization procedures to ensure stronger productivity and other factors. This in a way will ultimately lead to you earn higher annual returns for your company.
Also Read : IFIM Business School Bangalore Direct Admission
Benefits of Opting for MBA in Data Analytics
(Direct MBA Admission in B-Schools for Business Analytics)
Now, while you may find several benefits during the tenure of the course as well as after getting recruited. Here are some benefits arising from a report to keep you sorted:
Predictive Modelling- This procedure implements the utilization of data mining to analyze current trends in productivity and customer relations. With this methodology, you would explore the probable options of your customers of their future purchase. These skill sets are beneficial to the company because it keeps them updated about their customer preferences.
Decision Making- You would be stunned at your newly gained decision-making skills. It would make you all confident and bold taking away traces of fear and hesitation. Thus you would be able to take an active part in the decision-making sessions organized by your company.
Data Analysis- Direct MBA Admission in B-Schools for Business Analytics If you are keen to explore and make your way into the goldmine of the big data analytics, then here is your chance. Big data has evolved to be an essential component of giant busines sectors. If you manage to get your dream role, to be sure to explore it to its fullest.
Kick-start a Promising Career- Direct MBA Admission in B-Schools for Business Analytics Contrary to the popular belief, pursuing this particular stream can give your career a kick-start it has been waiting for. And since it is yet to get into the limelight, which is a way favors the students opting for it.
Also Read: SCMHRD Pune Direct MBA Admission 2019 Batch
Name of the Institute that provide Business Analytics – (Direct MBA Admission in B-Schools for Business Analytics)
- Alliance University
- Galgotias University
- Rama University
- Siva Institute of Frontier Technology
- Institute of Management and Entrepreneurship Development
- Indian School Of Busines
- Great Lakes Institute Of Management
- Indian Institute of Management Bangalore
- MISB Bocconi
- SP Jain School of Global Management
- Praxis Busines School
- Indian Institute of Technology
- Narsee Monjee School of Management
- Jindal Global Business School
- Lovely Professional University
- AIMS Institutes Karnataka
- EMPI Business School
- Bridge School of Management
- ISBR Business School
(Direct MBA Admission in B-Schools for Business Analytics)
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