In order to pursue Business Analytics from IIM Bangalore, you should have a Bachelor's degree in Engineering/Science/Commerce/Arts with mathematics as one of the subjects during your Bachelor’s program. The candidates who are shortlisted are then interviewed based on their performance on the online aptitude test and past academic performance, quality of work experience, and suitability for an analytics position.
Although the preferable work experience is 3 years, in certain cases, people with lesser work experience are also granted admission.
Overall, in order to pursue a Business Analytics course, you need excellent grades, 3 years of work experience, and a decent knowledge of statistics. Additionally, you will have to prepare well to answer Why you want to pursue the course and how are you planning to apply analytics in your work.
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.