PGDM in Business Analytics: What You Need to Know
Business analytics is the process of using data to derive insights and make decisions that can improve the performance and profitability of an organisation. PGDM in Business Analytics involves applying skills, technologies, applications and processes to analyse data from various sources and present it in a meaningful way.
Business analytics is a rapidly growing field that has applications in almost every sector and industry. According to a report by McKinsey Global Institute, there will be a huge demand for business analytics professionals in the coming years, as more and more businesses look for ways to increase efficiency and save costs.
If you are interested in pursuing a career in business analytics, you might want to consider doing a PGDM in Business Analytics. A PGDM or Post Graduate Diploma in Management is a 2-year management course that is equivalent to an MBA degree. A PGDM in Business Analytics will equip you with the knowledge and skills required to become a successful business analyst.
What are the benefits of doing a PGDM in Business Analytics?
A PGDM in Business Analytics will help you to:
- Learn the fundamentals of management and business administration along with specialised subjects related to business analytics.
- Develop your analytical, problem-solving, communication and presentation skills that are essential for any business analyst.
- Gain hands-on experience in using various tools and techniques for data collection, analysis, visualisation and reporting.
- Work on real-world projects and case studies that will expose you to the challenges and opportunities of business analytics.
- Enhance your employability and career prospects in the field of business analytics.
What are the eligibility criteria for doing a PGDM in Business Analytics?
To be eligible for doing a PGDM in Business Analytics, you need to:
- Have a bachelor’s degree from a recognised university with at least 50% aggregate marks.
- Have no active backlogs and clear all the subjects in your graduation.
- Have studied Mathematics as a subject in Class 12th or Graduation. This is preferred or required by most colleges as Mathematics is an important foundation for business analytics.
- Qualify the entrance exam conducted by the college or institute offering the PGDM in Business Analytics course. Some of the common entrance exams are CAT, XAT, MAT, CMAT, ATMA etc.
- Clear the group discussion and personal interview rounds conducted by the college or institute after the entrance exam.
What are the career options after doing a PGDM in Business Analytics?
A PGDM in Business Analytics will open up many career options and job opportunities for you in various sectors and industries. Some of the top job profiles are:
- Business Analyst: A business analyst is responsible for understanding the business needs and requirements of an organisation and providing solutions using data analysis and modelling techniques.
- Data Analyst: A data analyst is responsible for collecting, cleaning, processing, analysing and interpreting data from various sources and presenting it in a meaningful way using charts, graphs, dashboards etc.
- Data Scientist: A data scientist is responsible for applying advanced statistical methods, machine learning algorithms and artificial intelligence techniques to extract insights and patterns from large and complex data sets.
- Data Engineer: A data engineer is responsible for designing, building, testing and maintaining the data infrastructure and pipelines that enable data collection, storage, processing and analysis.
- Data Consultant: A data consultant is responsible for providing expert advice and guidance on data-related issues and projects to clients across various domains and industries.
Some of the top recruiters for PGDM in Business Analytics graduates are:
- Hindustan Unilever
- Wipro
- Accenture
- Standard Charted Bank
- HCL
- Amazon
- S&P Global
- Tata Consulting Services (TCS)
The average salary for PGDM in Business Analytics graduates ranges from INR 10 to 30 LPA depending on the job profile, experience, skills and location. However, some candidates can also earn higher salaries depending on their performance and potential.
Why Taxila Business School for doing a PGDM in Business Analytics?
Taxila Business School is one of the best business schools in India that offers a PGDM in Business Analytics course with a unique curriculum and pedagogy. Taxila Business School has the following features that make it an ideal choice for doing a PGDM in Business Analytics:
- 100% collateral-free education loan to its students who need financial assistance to pursue their studies.
- 100% placement record with an average salary of INR 11.50 LPA and a highest salary of INR 28.60 LPA. The students get placed in top companies like Hindustan Unilever, Tata Administrative Services, S&P Global, Asian Paints, Berger Paints, Rajasthan Government etc.
- 12-hour learning schedule that ensures maximum exposure and learning for its students. The students attend classes from 9 am to 9 pm and also work on live projects and assignments.
- Global exposure program that allows its students to visit foreign universities and companies and learn from their best practices and experiences.
- Highly qualified and experienced faculty that includes PhDs, IITians, IIMians and industry experts who mentor and guide the students throughout their course.
How to apply for admission in Taxila Business School?
If you want to know more about Taxila Business School and its PGDM in Business Analytics course, you can visit their website or contact them directly. To apply for admission in Taxila Business School, you need to follow these steps:
- Fill the online application form available on their website and pay the application fee of INR 1200.
- Submit your academic documents, entrance exam score card and other relevant documents as per the instructions given on their website.
- Appear for the online aptitude test conducted by Taxila Business School.
- If shortlisted, appear for the group discussion and personal interview rounds conducted by Taxila Business School through online mode.
- If selected, confirm your admission by paying the admission fee and submitting the required documents.
Conclusion
A PGDM in Business Analytics is a great option for anyone who wants to pursue a career in the field of data analysis and decision making. It will help you to develop your skills, knowledge and confidence to become a successful business analyst. However, you need to choose the right college or institute that offers the best quality education and placement opportunities. Taxila Business School is one such college that can help you achieve your dreams of becoming a business analytics professional. So, what are you waiting for? Apply now and get ready to embark on an exciting journey of learning and growth.