PGDM in Business Analytics - International School of Management and Research (ISMR), Pune

  • Years 2 Years
  • Type Course Post Graduate
  • stream Management
  • Delivery Mode

(1). About the Course

PGDM in Business Analytics is a two-year control path that objectives a hastily developing zone of enterprise analytics. It is associated with the statistics analytics subject and entails the examination of topics concerned in the theorems, applications, technologies, and techniques hired inside the evaluation of information to derive business-associated insights.

PGDM in Business Analytics course is offered at the postgraduate level and is accessible to graduates of all streams. However, colleges usually prefer candidates who have studied Mathematics in school or graduated from this course. It builds information in a scholar at the operations worried in processing uncooked facts into usable statistics on which enterprise choices may be based. It is an excellent choice of course for a candidate who wishes to work in Big Data Analysis.

PGDM in Business Analytics is a course that covers subjects like Financial Accounting, Managerial Economics, Optimization Analytics, Financial Analytics, Statistical Analysis, etc. The PGDM in Business Analytics course falls under the umbrella of the PGDM course.

This software complements Business Analytical abilities in decision-making at the very best degree of the organization. This software addresses a number of problems that are essential to enterprise choices via case studies, dynamic school presentations, and institution discussions.

The course offers good placement opportunities and its scope is only expected to increase in the future as emerging technologies make it easier than ever to collect, store and analyze data. From small companies to large organizations, the influence of business analytics can be seen on every scale.

Employment in Data Analytics is projected to grow 11% over the next 10 years, much faster than the average for all occupations. A hike in the demand for these individuals' skills is expected as businesses continue to look for methods to increase efficiency and save expenses. As per McKinsey Global Institute research, almost 1.5 million additional analytical candidates will be needed for various management roles.

Course Highlights

PGDM in commercial enterprise analytics is an expert path this is gaining recognition among college students pursuing control after graduation. Technology is making its way into the business in a big way, and a PGDM in business analytics puts students at the forefront of this development.

Here is the path highlights so one can come up with a short evaluation of the PGDM in the enterprise analytics program.

Particular Value
Course Name Post Graduate Diploma in Management in Business Analytics
Course Level Postgraduate Diploma
Course Duration 2 years
Age No Limit
Eligibility Criteria Graduation in any stream with at least 50% aggregate marks
Entrance Exams CAT, MAT, XAT, NMAT
Course Specialization Business Analytics
Course Mode Full Time / Distance
Examination Type Semester-based
Internship Mandatory
Admission Process Entrance exam Based
Average Annual Fee Rs. 4,00,000-10,00,000
Average Annual Salary Rs. 5,00,000-10,00,000
Employment Areas IT, Finance, MNCs
Job Profiles Business analyst, market research analyst, quantitative analyst data analyst, IT system analyst, Data Scientist, Data Engineer
Top Recruiters Dell, Hitachi, IBM, Tata Consultancy, Accenture, Wipro, Google, Citi Bank, FSSAI, HCL, Amazon, etc.

Why study PGDM Business Analytics?

In the cutting-edge age, generation is making its manner into all guides and sectors. Information is needed to be collected, analyzed, sorted, and organized with the usage of technology. This comes under the Business Analytics specialization. Hence, it is one of the fastest-rising specializations among students today. A career in business analytics is highly rewarding with great future prospects.

Here are some reasons you should choose Business Analytics as your specialization:

(1). Professional Prospects

PGDM in business analytics students is high in demand in the professional world. This is a specialized field that is growing at a fast pace, there are many different areas students can put their talents to use.

(2). Trend

This is a subject that is on-trend regarding the current business scenario. Technology is now becoming an integral part of many industries, so why should business be different?

(3). Easy Adaptability

PGDM Business Analytics is required in a wide range of industries and sectors. From the top MNCs to even the Hospitality and Entertainment industry, it includes all. It is relatively easier to switch and adapt between industries with this as your specialization. Past experience and professional background are not a restriction on these choices as the degree is quite wide and far-reaching.

(4). A Dynamic Career

This career makes way for professional development throughout their career. The nature of the task urges one to hold up to date with diverse departments and sectors, that's a non-stop and enriching getting-to-know process.

(5). 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 5,00,000-10,00,000 PA.

(2). Admission Process

PGDM in Business Analytics admission is possible by both entrance examination and merit-based selection. Candidates applying for the PGDM in Business Analytics degree might have their results from the respective entrance exam boards required by the selected/opted universities.

Types of PGDM in Business Analytics Courses

Aspirants can pursue the PGDM in Business Analytics path in the full-time, part-time mode and Distance modes. Below are the varieties of PGDM in Business Analytics publications in detail:

(1). Distance

PGDM Business Analytics Distance learning is provided by lots of institutions and colleges in India and like full-time, it is for 2-4 years. This course is for students for whom it is unaffordable to attend classes on campus or who are working full-time and are unable to devote the time necessary to complete a full-time course.

(2). Full-Time

The full-time PGDM in Business Analytics duration is of 2 years, during which students attend classes in person, submit assignments, and write their exams on-campus.

(3). Part-Time

The part-time PGDM in Business Analytics course is for 2-4 years and is designed for students who cannot attend regular classes. Part-time courses either occur at weekends or at night, depending on the type of course.

Eligibility Criteria

The candidates who are interested in taking admission to the PGDM in Business Analytics course must first ensure that they meet the eligibility criteria for the course. Given below are the eligibility criteria specified by AICTE for PGDM in Business Analytics. Colleges may have additional or different conditions than the ones specified below:

(i). The candidate must have completed a bachelor's degree course from a recognized university.
(ii). The candidate must have no active backlogs and must have received at least 50% aggregate marks in the graduate degree.
(iii). Colleges either prefer or require candidates who have studied Mathematics as a subject in Class 12th or Graduation. Thus, Science and Commerce candidates get a preference when being selected for this course.

Admission Process

Here are the details regarding the process of admission to the PGDM in Business Analytics course.

(i). The admissions are entrance-exam based and colleges also consider other details such as previous academic performance.
(ii). The candidates need to appear for MBA the front exams which incorporate CAT / MAT / XAT / IPMAT etc. Some private colleges have seats reserved under the management quota for which direct admissions are conducted.
(iii). The candidates who qualify for the cutoff of the college are shortlisted for selection. Shortlisted candidates are then called for a GD/PI round of the institute.
(iv). Final admissions are granted primarily based totally on the general overall performance of the candidates.

Accepted Entrance Exams

Entrance exams are a popular way for many colleges to have an evaluation to decide which student should be admitted to the course. These faculties need the front exams, as the name for the faculties of the one is higher than the huge form of seats available. Listed underneath are a number of the famous PGDM in Business Analytics front exams:

MAT CAT
ATMA XLRI XAT
MAH-CET SNAP
TISS NET NMAT
IBSAT CMAT

Skill Required

Candidates who wish to pursue a PGDM in business analytics are required to inherit a diverse set of skills that can help them become successful in the field of business. Those who want to pursue Business Analytics as a profession have to own or expand the subsequent skill set:

Problem-solving ability Analytical Skills Keen Observation
Proficient in verbal and written communication Business Acumen Knowledge of algorithm designing
Programming languages Interpersonal Skills Knowledge of DBMS
Quantitative reasoning Critical Thinking Logical reasoning 
Strong in Mathematics Data interpretation Numerical ability
Time Management Eye for Detail

Fee Structure

The PGDM in Business Analytics course fee is variable and relies on many factors. Some of the elements which have an effect on the PGDM in Business Analytics costs include the Location of the college, faculty, demand, infrastructure, and the provisions for the students. The average PGDM in Business Analytics fees in India is around INR 10,00,000-23,00,000 PA.

Name of College Average Annual Fee(INR)
NIT Trichy INR 4,00,000
BVDU, Pune INR 6,50,000
IIM Bangalore INR 23,00,000
XLRI, Jamshedpur INR 23,60,000

Selection Criteria

The selection process for PGDM in Business Analytics in India is largely similar, regardless of the subspecialty. In many circumstances, universities make their very last choice of applicants primarily based totally on their admission examination rankings after receiving a utility for a program. Furthermore, the instructional achievements of the applicants in the course of their undergraduate tiers have an enormous impact.

(3). Course Comparison

PGDM in Business Analytics v/s MBA Business Analytics

PGDM in Business Analytics path normally catered to college students inquisitive about and willing toward principles of Data analytics, logistics, etc. The table below showcases the differences between PGDM in Business Analytics and MBA in Business Analytics:

Parameter PGDM in Business Analytics MBA Business Analytics
Course Name Post Graduate Diploma in Management in Business Analytics Master of Business Administration in Business Analytics
Course Overview PGDM in Business Analytics is a two-year control path that objectives a hastily developing zone of enterprise analytics. It is associated with the statistics analytics subject and entails the examination of topics concerned in the theorems, applications, technologies, and techniques hired inside the evaluation of information to derive business-associated insights. The MBA Data Analytics course is designed to study the process of collecting and analyzing and processing raw data to provide insights into the data to the required domain. This course is designed in a manner that emphasizes knowledge of data analytics along with the basic knowledge of data analytics will help the students in application analytics such as neural networking, prediction algorithm, and forecasting methods that can be applied to business strategies.
Course Duration 2 years 2 years
Eligibility Criteria Graduation from any stream from a recognized university Graduation from any stream from a recognized university
Admission Process Merit-Based/Entrance Exam Merit-Based/Entrance Exam
Course Stream Business Analytics Business Analytics
Entrance Exams CAT, MAT, CMAT, SNAP CAT, MAT, CMAT, SNAP
Average Fees INR 3,00,000-12,00,000 INR 5,00,000-15,00,000
Top Colleges Welingkar, IFIM Business School, NMIMS, LBSIM, ITM Business School NIT Trichy, Amity University, IFMR Graduate School of Business, LPU

(4). Top Colleges

Mentioned under are the top PGDM Business Analytics Colleges in conjunction with their rate shape in pinnacle towns around India. Some of the top PGDM Business Analytics Colleges in India are tabulated below:

Name of College Average Annual Fee(INR) Location
Siva Sivani Institute Of Management (SSIM) INR 6,50,000 Secunderabad
Narsee Monjee Institute of Management Studies INR 8,50,000 Mumbai
NITTE School Of Management (NSOM ) INR 6,80,000 Bangalore
Lal Bahadur Shastri Institute of Management INR 5,84,000 Delhi
NIT INR 14,01,520 Trichy
ICBM - School Of Business Excellence (ICBM SBE) INR 5,76,000 Hyderabad
IIM INR 23,00,000 Bangalore
IFIM Business School INR 8,00,000 Bangalore
ASM's Institute Of Management And Computer Studies (IMCOST) INR 6,50,000 Mumbai
ITM Business School INR 4,95,000 Navi Mumbai
Jagannath International Management School INR 3,60,000 New Delhi
IIM INR 24,00,000 Calcutta
Indus Business Academy INR 4,31,000 Greater Noida
Vishwa Vishwani Institute Of Systems And Management (VVISM) INR 7,20,000 Hyderabad
Welingkar Institute of Management INR 1,10,0000 Mumbai
IIT INR 20,00,000 Kharagpur
ISI INR 10,00,000 Kolkata
Lovely Professional University INR 3,04,000 Punjab
Gitam School Of International Business INR 3,00,000 Visakhapatnam

Top City-wise PGDM Business Analytics Colleges

Some of the top city-wise PGDM Business Analytics Colleges in India are tabulated below:

Name of City Name of College Average Annual Fee(INR)
Hyderabad JOHN’s Business School INR 4,50,000
VJIM INR 7,50,000
ISTTM Business School INR 4,50,000
Aurora’s Business School INR 5,40,000
SSIM INR 7,60,000
DCM INR 6,55,000
Chennai BSAU INR 7,48,000
PGSBE INR 3,50,000
ITM Business School INR 9,90,000
RSB INR 6,00,000
LIBA INR 12,20,000
Bangalore ISB&M INR 7,40,000
Sunstone Eduversity INR 1,25,000
ISME INR 8,25,000
ASM INR 7,00,000
AIMS Institute INR 9,00,000
IFIM Business School INR 12,00,000
GIBS B School INR 7,40,000
Indus Business Academy INR 9,62,000
ISBR Business School INR 9,00,000
SIUB INR 1,31,000
Pune Dr, DY Patil B- School INR 7,50,000
Dr. DY Patil Vidya Pratishthan Society INR 6,50,000
ISMR INR 6,00,000
ASM Group of Institutes INR 6,50,000
PIBM INR 7,95,000
IIBR INR 1,94,000
KIAMS INR 12,50,000
CIM INR 7,00,000
Lexicon Mile INR 8,30,000

Top PGDM in Business Analytics Government & Private Colleges

Government colleges for higher education provide high-quality affordable education to deserving candidates. There are a variety of options when it comes to PGDM in Business Analytics in Government Colleges.

Check the list tabulated below regarding the top PGDM in Business Analytics government & private colleges in India:

Type of College Name of College
Government BVDU, Pune
IIM Ranchi
Parul University, Vadodara
IIM Bangalore
NIT Trichy
Private SCMHRD
KIIT School of Management
Amity University
XLRI
NMIMS

(5). Job & Placements

PGDM Business Analytics has a huge utility and makes use of it throughout industries over a spectrum of roles. There are a plethora of opportunities in various sectors such as banking, retail, finance, insurance, healthcare, automobile, etc. Based on your skills and aptitude you can get jobs in some of the more advanced areas of analytics, ranging from machine organizing to artificial intelligence, and more.

Job Profiles

The table below shows some of the popular PGDM Business Analytics jobs, along with the job description:

Job Profile Job description
Business Analyst A business analyst is a professional who is responsible for studying various business data and manipulating that data to be used by an organization for its own profit. A business analyst uses different data sets to analyze the current market trends and infer what is gaining profit and what is making a loss.
Market Research Analyst Responsibilities include monitoring and forecasting marketing and sales trends, measuring the effectiveness of marketing programs and strategies, and devising and evaluating methods for collecting data, such as surveys, questionnaires, and opinion polls.
Economist An economist is a professional who is responsible for conducting studies related to society’s wealth and resources and their production value. They perform these studies with the help of different algorithms and data sets to analyze the overall production value of a society. All the major decisions pertaining to the national or global economy are taken on the basis of results derived by an economist.
Health Care Analyst Responsibilities consist of comparing clinical information to enhance the commercial enterprise a part of hospitals and clinical facilities, preparing status reports, creating record-keeping processes, and assessing data from different sources.
Investment Banker Investment Banker is a professional who is responsible for analyzing the current financial trends involved in stocks and investment and inferring proper results which can be used to improve an organization’s investment, profits, and overall marketing value.
Quantitative Analyst The duties consist of retaining and enhancing pricing analytics, coordinating and sharing know-how with quants in other locations, optimizing code, and adhering to the team's best practices.
Financial Analyst A financial analyst is a professional who is responsible for conducting various algorithm tests and experiments on large data sets in order to reduce them into significant information which can be processed for financial profit. A financial analyst generally works with an organization. However, there are a few financial analysts that also work independently on a contract basis.
Computer System Analysts The obligations encompass making sure that each one pc structure inside a corporation assists organizational goals, determining the strengths and weaknesses of existing systems, and identifying areas for improvement.
Data Scientist Responsibilities include scrutinizing information using data analysis tools. The significant consequences they pull from the uncooked statistics assist their employers or customers make vital choices via way of means of figuring out numerous statistics and trends.

Top Recruiters

PGDM Business Analytics professionals are hired across industries due to technological advancements and a globalized supply chain network. The top hiring organizations in PGDM Business Analytics include:

Maruti Suzuki  Hyundai Motor India Ltd. Google
Motorola IBM HCL
RBS  JSW Steel Amazon 
Tata Consultancy Services Ltd. Le Meridian  Godrej 
Wipro Mahindra and Mahindra Ltd.  Hitachi
Cognizant Capgemini Accenture
Dell  Flipkart  HP 
EY (Ernst and Young)  Genpact 

Employment Areas

One of the biggest reasons why students choose to do PGDM in business analytics is as it offers them the liberty to be part of any enterprise they want. Any enterprise that generates a number of facts on customers can advantage of it. Here are a few industries that rent PGDM to commercial enterprise analytics graduates.

Hotels & Resorts  Business Consultancies Advertisement Agencies
Market Research Agencies Consultancies  Banks
MNCs Educational Institutions  Entertainment Industry 
Telecoms

Average Salary

The salary of PGDM Business Analytics professionals depends upon the skills acquired and experience gained over the period of time. The job role and responsibilities do also play a huge role in the remuneration.

Some of the job roles and their average salary are listed below:

Job Role Average Annual Salary(INR)
Predictive Modeller Rs. 9,05,000
Data Scientist Rs. 8,10,000
Health Care Analyst Rs. 3,50,000
Data Analyst Rs. 3,91,000
Computer Systems Analyst Rs. 6,50,000
Data Architect Rs. 7,47,000
IT Analyst Rs. 6,10,000
Analytics Manager Rs. 10,00,000
Business Analyst Rs. 6,10,000
Data Engineer Rs. 4,50,000 

(6). Career/Scope

PGDM Business Analytics jobs in Hyderabad, Mumbai, Bangalore, Chennai, and Delhi have substantial progress and are lucrative in every organization. Business Analysts are now not best employed via way of means of Manufacturing Companies, but additionally via way of means of sectors like the Information Technology sector, stock market, Banks, and different financial institutions.  The scope of Business Analytics has been expanding all over India as well as the world.

Career options after PGDM in Business Analytics

Jobs and careers are the main reasons why we pursue higher education. Those considering PGDM in business analytics, have a bright future ahead of them. There are many careers and jobs they can pursue. These jobs come with a good salary and benefits packages, along with plenty of opportunities to grow.

Here is the top career option you can consider after PGDM in BA degree:

Data Scientist Customer Service Analyst Consultant
Healthcare Analyst  Data Management Operator Relationship Manager
IT Analyst  Market Research Analyst  Sales and Market Analyst
Logistician Predictive Analysis Professional Business Analyst
Management Analyst Project Manager System Analyst

Scope of Business Analytics in India and Abroad

Business analytics is one of the maximum famous and sought-after fields in enterprise management. There are numerous alternatives in employment and better research that you may pick out after the entirety of an enterprise analytics program. Almost every organization calls for enterprise analysts to put together reviews and examine the contemporary marketplace scenario referring to production, resources, finances, and management. All the foremost choices are taken after the research is completed with the aid of using a commercial enterprise analyst. Hence, the scope of commercial enterprise analytics within the contemporary state of affairs is huge.

Scope for Higher Education

Under the PGDM in Business Analytics program, students can decide from a plethora of Niches. Graduate students with a PGDM in Business Analytics degree have several higher education alternatives available to them, which can help them better comprehend the field. Furthermore, if students desire to proceed with a career in research, receiving additional knowledge can help them in doing so. Some of the most desirable higher education alternatives for students are listed below:

(i). Ph.D. Auditing
(ii). Ph.D. Agribusiness
(iii). Ph.D. Business and Management
(iv). Ph.D. Business Analytics

Skills that make you the Best Business Analyst

To be successful in their employment, PGDM in Business Analytics course graduates must possess a variety of complex and soft skills. These are not always abilities that may be found in a classroom. Instead, those are abilities that may handiest be obtained via practice. Students have to make each try and move out of doors in their consolation sector and obtain as a lot revel in as they can. Among these abilities are:

(i). Database and SQL
(ii). Decision-Making Skills
(iii). Negotiation and Cost-Benefit Analysis
(iv). Programming Languages
(v). Understanding the Business Objective
(vi). Analytical and Critical Thinking
(vii).Communication and Interpersonal Skills
(viii). Creation of Reports and Dashboards

(7). FAQs

(1). What is Business Analytics?

Ans. Business Analytics is a course in the field of business and management that deals with business data and its refinement.

(2). What is a PGDM in Business Analytics?

Ans. PGDM in Business Analytics is a postgraduate diploma awarded to a candidate to has completed the prescribed curriculum in the field of Business Analytics. It is a course in which students are trained in the operations, software, and practical aspects used in the field of Data Analytics and how to use it in making business decisions.

(3). What are the common costs for the commercial enterprise analytics course?

Ans. Rs. 10,00,000-15,00,000  is the common charge for the enterprise analytics course.

(4). What is the average salary for business analytics graduates?

Ans. Rs. 8,50,000  per annum is the average salary for business analytics graduates.

(5). Is PGDM Business Analytics better than MBA Business Analytics?

Ans. Both PGDM Business Analytics and MBA Business Analytics are postgraduate stages within the control field. The simple distinction among them is that MBA Business Analytics presents a greater realistic technique than PGDM Business Analytics. There is a distinction with inside the route charges as well.

(6). What is the position of a Business Analyst?

Ans. The essential function of a Business Analyst is to collect information, pick out beneficial information from it; analyze, interpret, and communicate the findings to the stakeholders for making critical business decisions.

(7). What are the eligibility standards for PG guides in enterprise analytics?

Ans. Candidates desiring to pursue a PG direction in enterprise analytics ought to entire their undergraduate diploma from a diagnosed Indian college with any specialization.

(8). Is PGDM in Business Analytics course of 1 or 2 years duration?

Ans. A PGDM in Business Analytics course is a 2-year course approved by AICTE. 1-year PGDM courses do not receive AICTE approval. Instead, you can go for 1-year Post Graduate Certificate program.

(9). What are the other specializations I can do besides PGDM Business Analytics?

Ans. PGDM offers many specializations like Marketing, International Business, Finance, Logistics-Supply Chain Management & Operations, and many more.

(10). What are the pinnacle front tests for PG guides in commercial enterprise analytics?

Ans.CAT, XAT, GMAT, SNAP, NMAT, and CMAT are the pinnacle front assessments for PG publications in enterprise analytics.

(11). Is there any age limit to apply to the course?

Ans. No, there is no age limit.

(12). What are some good colleges for PGDM in Business Analytics?

Ans. NMIMS Mumbai, LBSIM New Delhi, MMDU Ambala, IIMC, IBMR Bangalore, etc. are some of the good colleges offering a PGDM in Business Analytics course.

(13). What are the career options available after PGDM in Business Analytics?

Ans. Career options such as Data Scientist, Data Analyst, Business Analyst, Data Modeller, IT Analyst, etc. can be taken up after a PGDM in Business Analytics.

(14). What are the areas of employment after PGDM in Business Analytics?

Ans. Career opportunities after PGDM in Business Analytics can be found in MNCs, Banks, other Financial Service Providers, and Service Aggregators such as Uber / Ola, E-Commerce Companies, Business Consultancies, etc.

(15).   Is Maths compulsory for the Business Analytics course?

Ans. Maths is not compulsory but desirable for Business Analytics courses. Since Business Analytics is all about analyzing data with the help of tools and codes, those who have studied Maths in HSc and graduated will have to struggle less during the course and in their careers.

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