Q: What is the future scope of MBA Business Analytics in India?
A: As per a recent survey, the CAGR (Compounded Annual Growth Rate) of jobs in the emerging fields like Business Analytics, ML (Machine learning), AI (Artificial Intelligence) and BlockChain is 40%. India is going to be the biggest supplier of such resources and manpower to the world soon and this will generate a large number of opportunities.
Q: What can we learn before going for an MBA in Business Analytics?
A: You can simply introduce yourself to some of the important concepts of statistics like sigma, sample, sampling techniques, mean, median, mode, normal curves, graphs, R, etc.
Q: Which college is best for doing MBA Business Analytics in India?
A: There are many top colleges that offer an MBA in Business Analytics like IIMs, XLRI, FMSMDI, IIFT, UPES, etc.
Q: Does an MBA Business Analytics require command over programming languages like Java or PHP?
A: Programming Languages are not required unless you are getting into analytical product development However, you will mostly have to learn to code in SAS, R, Python, SQL, etc. for data processing. Again, if you are joining in a managerial role, you can get away with basic familiarity with these programming languages. But, if you really want to learn the skills of the trade, you will need to learn these in greater detail.
Q: What are career prospects after MBA Business Analytics?
A: Successful postgraduates can secure jobs as Business Analyst, Business Analyst Industry Expert, Business Analyst Project Manager, Data Analyst, Big Data Analyst, Data Warehousing Expert, Business Intelligence Expert, and Data Mining Expert, etc.
Industries such as Financial Services, Retail, Manufacturing, Healthcare, Oil and Gas, Social Media, Gaming, will also offer employment to candidates.
Some of the well-known employers are Accenture, HP, IBM, Cognizant, Tata Consultancy Services, American Express, and so on.
Q: What are the top entrances for getting admission into MBA Business Analytics?
A: Below are some entrance exams conducted for the admission in the course: