Lexicon MILE introduced PGDM Business Analytics

Lexicon MILE has introduced a new specialization in the field of PGDM namely Business Analytics. Established in 2009 under the aegis of the Pune-based Lexicon Group of Institutions. The institute was awarded Best Private Institute 2020 by CEGR and is one of the Top 50 B-Schools in all prominent Business Surveys. PGDM syllabus for Business Analytics is designed in such a way that its first year consists of theoretical learnings and the final year consists of practical application–based internships. Lexicon MILE provides the most updated and relevant subjects to every student.

What is PGDM in Business Analytics?

PGDM Business Analytics or Post Graduate Diploma in Management Business Analytics is a 2-year management postgraduate degree. As per the report of McKinsey Global Institute, nearly 1.5 million new candidates with analytical abilities will be required for different managerial positions. The program is generally offered by AICTE or AIU-approved institutions. In the case of AIU, the PGDM degree is equivalent to an MBA degree. The course includes:

Business Analytics is the process of studying, collating, sorting, processing business data using various iterative (involving repetition) methodologies and statistical models.
Business Analytics is considered an excellent research technique to transform data into business insights.
It requires a thorough understanding of statistics to understand trends in data, good knowledge of information systems and computer science & the ability to use various operations research tools.

Check: Lexicon MILE Admissions

Scope of PGDM Business Analytics

In today’s age, technology is making its way into all courses and sectors. Information is required to be collected, analyzed, sorted, and arranged with the use of technology. This comes under the Business Analytics specialization. Business Analytics is one of the fastest-rising specializations among students today. Some of the reasons you should consider Business Analytics as your specialization are:

Easy Adaptability: PGDM Business Analytics is required in a wide range of industries and sectors. From the top MNC’s to even the Hospitality and Entertainment industry, it includes all. It is said to be easier to switch and adapt between industries with this as your specialization. Experience and professional background are not a restriction on these choices as the degree is quite far-reaching.
Dynamic Career: A career in Business Analytics makes way for professional development throughout their career. The nature of the job urges one to keep updated with various departments and sectors.
Top Recruiters: Graduates with this degree get exposed to top recruits like Amazon, JSW Steel, HCL, HP, Dell, Flipkart, GODREJ, IBM, Hitachi, etc offering decent starting packages along with providing recognition to the employees.
High Packages: PGDM Business Analytics professionals can easily bag high-paying jobs in either private or government sectors. The average salary offered to these graduates ranges from INR 5-10 LPA.

Why PGDM Business Analytics from Lexicon MILE?

Lexicon MILE is one of the premier colleges in Pune offering postgraduate management courses with global exposure. The institute has signed several MoUs with manifold universities such as the University of South Wales (UK), to promote student-centric activities. The programs are structured to provide the best management instructions and curriculum.

Here are some of the reasons you should consider Lexicon MILE:

Lexicon MILE’s International Collaborations: Lexicon MILE Pune has the following collaborations:
- University of South Wales
- World Meditation Organization
- Yashwantrao Chavan Maharashtra Open University, Nashik
- University of New Haven, Connecticut
- Indian Institute of Material Management
Gateway to joining the super CEO’s list: MBA/PGDM imbibes necessary knowledge and skillset in the students which will be needed in their life not only in the professional but also in the personal walks of the life. The courses imbibe in the students the capability and skills to maximize individual and organizational productivity.
Placement Opportunities: The average salary during placement drive stood at 6.6 LPA in 2021 rising 2% from 2020 and the highest salary for batch 2021 stood at INR 19.0 LPA rising by 90% from 2020. Some of the top recruiters include Amazon, Aditya Birla, ICICI, Byjus, Unacademy, Piaggio, S&P Global, Bennett & Coleman (Times of India), etc.
Practical application-based Internships: Lexicon MILE Pune offers a minimum of 9 months of practical application-based internship in the final year.
Variable recruiting areas: One of the most important reasons for choosing a PGDM Business Analytics is that students can be a part of any industry they want. Industries that hire Business Analytics graduates include Banks, Educational institutions, Consultancies, Entertainment Industry, Hostels, and Resorts.

Jobs after PGDM Business Analytics

Business Analyst: Business Analysts are the professionals who conduct deep analysis in the Business Sector. Their analysis forms a base for the reports on improvement, predictions, and plans of action for the future.

Data Scientist: It is the most specialized profession that requires multiple mathematical and scientific methodologies to get insight into unstructured data.

Market Research Analyst: A Market Research Analyst analyses the financial markets and provides reports and advice based on the investment.

Healthcare Analyst: Healthcare Industry is the fastest growing industry. A Healthcare Analyst works in the industry to provide the best insight into all the aspects related to healthcare.

IT Analyst: Technically sound students can pursue a career as IT, analysts. They are the experts who perform the analysis on the IT infrastructure and IT business of a company. They also guide to improve them.