To begin with, you should get some formal education in the background but doing a Business Analytics course specifically is not necessary. You can join online classes like Edureka for the same but you will need to be highly self-motivated.
Once you have 2 years of professional experience, you will have a lot of opportunities. As a fresher, you might struggle a little initially so look for some experience at the side and you will be able to get into your analytics career easily later.
Here is a table showing some standard salary analytics:
Job Location | Experience | Software knowledge | Salary offered |
MNCs | 0 to 4 years | R, Python, and Excel | INR 10 to 12 LPA |
Startups | INR 5 to 8 LPA |
If you are planning to study on your own, you will take about 6 months of diligent practice with 4 to 5 hours weekly commitment. With this, you will be able to learn a lot of concepts like Hive, Scala, Java, and Python. Before joining any company, ensure that your concepts are clear because these play a major role in business analytics.
You can join internships in startups. This will help you gain the exposure you need and then you can switch over to MNCs with a larger skillset.
One of my friends did the BUsiness Analytics Intelligence executive education course from IIM Bangalore and was able to provide some information regarding the course.
Pros of BAI course at IIMB -
Cons of BAI course at IIMB -
So, the course is definitely good. However, doing it just for the brand name won't help. The corporate will think of the value and knowledge you bring to the table too.
Well, my brother is currently enrolled in the DEM program. So, I can tell you about what he has learned so far and what was his experience as he’s still in the first term of the course.
About the course:
Faculty:
To summarise, my brother’s experience there has been excellent so far, and like every other student he too enrolled in this course, he has high expectations for the following semesters.
As of now, only the first batch has had placements. According to the placement highlights, around 93% of the batch got job offers. Some of the major recruiters were Deloitte, CGI, Accenture, etc.
NICMAR Pune offers an excellent PEM course. The department boasts of a brilliant faculty. The recent highlights of NICMAR placements show the average CTC to be INR 6.75 LPA. Many top companies such as ICICI, KPMG, ITC, Principle ACS, KEC Internationals, Goldman Sachs, Juniper Hotels, etc. take part in the campus placements of the institute.
DoMS IIT Madras is the best option for MBA. The management faculty of the institute are highly experienced. Faculty-student ratio is 1:7. Other than faculties there are also TAs to help you with any problems. Due to the small batch size, every student gets the required attention from faculties.
IIT Madras MBA placements have been pretty good over the years. During the 2022 placement drive, a total of 61 students received placement offers. The average CTC was INR 16.66 LPA. For the top 10% of students, the average CTC was INR 21.62 LPA. While the highest CTC offered was INR 25.30 LPA. IBM, Zycus, Amazon, etc. were the major recruiters that visited the placement drive.
If you are an HRM enthusiast, you certainly won’t regret joining XLRI HRM program. In the Asia-Pacific region, it is the best HRM program. XLRI offers a conducive learning experience. You will have the freedom to study beyond the confines of the course structure. The HRM faculties are the best in their field.
The exposure and placement opportunities are ample. As per the recent highlights of XLRI placements, HRM students receive an average CTC of around INR 23-25 LPA.
The PG Diploma in Industrial Safety and Environmental Management at NITIE focuses on the environment and safety concerns as a strategic business opportunity and addresses its need in the industries.
The candidate will receive ample opportunities. It is also easier to get placed after PGDISEM compared to other courses as the batch size is really small.
Here are some of the profiles offered after PGDISEM.
Here are the recent placement highlights for NITIE.
Highest CTC | INR 44 LPA |
Average CTC | INR 20.8 LPA |
Top recruiters | EY, IDFC First, Bain & Co, ETLI, Landmark Group, Flipkart |
You have to decide whether this course will be right for you or not.
Yes, Commerce students can opt for Business Analytics and Data Science from IIM Bangalore. Your domain knowledge of Finance and Commerce will help you get good career opportunities in Financial Analytics. From credit score prediction to stock prices, Data Analytics has a huge implementation in the Financial and Banking sector. This course will help you explore the various use of financial data.
You certainly need to invest some time to get comfortable with the technological tools. Apart from IIM, there are plenty of resources available online that can help you learn the technology.
Whether pursuing MBA from Jaipuria Institute of Management Noida is worthwhile or not depends entirely on your individual circumstances and goals.
If you have scored well in any of the MBA entrance exams such as CAT, MAT, or XAT, you may consider exploring other top colleges that may offer better ROI. However, if your scores are average or below average, you may consider pursuing MBA from low budget college preferably from UP, where the fee structure is much lower than that of Jaipuria.
While Jaipuria offers good academics and placement records, getting placed in a good company can be challenging. It is advisable to contact a few seniors who are working or have worked in the same company before applying for the job.
In conclusion, if you are investing your money in your dream, you obviously want a return on investment. While Jaipuria Institute of Management Noida can help you build confidence, improve your public speaking skills, and meet intelligent people during guest talks, you may not get the return on investment you desire.