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MBA/PGDM in Business Analytics has wide scope. PIBM Pune Two Years program in Business Analytics which is industry aligned will train students and make them Business Professional with deep knowledge in AI, Data Quality, Data Analytics and many more. This will help students to start their career with Top MNCu2019s. <br> <br>
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What 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 explain past events, establish forecasts for future • events, and suggest measures to optimize ideal results. • The goal of a Business Analyst is to determine which data is useful for an organization that can increase revenue of an organization.
TYPES 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 won’t 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
CAREERS IN BUSINESS ANALYTICS • Management Analyst: This profile ensures that organization’s 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 organization’s 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 organization’s entire sales and marketing initiatives, campaigns, and reporting to upper management.
CAREERS 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.
HOW 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.
HOW 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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