Data has become the cornerstone for any business decision-making today, and anyone can succeed using data properly. In this regard, PGDM Business Analytics is a niche programme that prepares the candidates for rigorous Business Analytics work, training, strategies, understanding and opportunities to serve as data scientists for organisational development. This course combines creativity with rationality or the craft of management with the science of analytics so that students can translate data into solutions for real business problems. Being able to analyse operations, enhance business communication and make sound financial decisions, this programme prepares you for the rapidly becoming more data-reliant world. Therefore, in this article, we will decode some of the aspects of PGDM in business analytics.
Why Pursue a PGDM in Business Analytics?
Business analytics is an area that most companies seek today in making their decision. And with the fast-emergence dependency on data, Business Analytics has been one of the hottest specialisations ever. Here are some compelling reasons why a PGDM in Business Analytics is a wise idea:
1. Extensive Industry Demand: PGDM in Business Analytics opens doors to various industries, from top MNCs to hospitality, entertainment, and healthcare sectors. This versatility makes it easier to transition across industries, regardless of your previous experience, as business analytics applies universally.
2. Dynamic Career Growth: Business Analytics is a constantly evolving field. Professors are expected to keep up-to-date with the latest technologies and approaches, making it a career that will always be in a growth mode and learning and growing with the individual.
3. Best Jobs: Graduates of PGDM in Business Analytics are in high demand by well-known companies such as Amazon, IBM, HCL, Flipkart, Godrej, and many more. These firms offer competitive salaries and immense opportunities for career advancement.
4. Attractive Salary Packages: With a PGDM in Business Analytics, one can always draw fat salaries. The average salary for graduates in this area is between INR 5-10 LPA, thus a highly remunerative career choice.
Business analytics also promises career growth and the opportunity to influence real change across industries with actual business insights from data.
PGDM Business Analytics Admission Process
PGDM admission in Business Analytics courses is given through a common aptitude test (CAT) by top institutes such as the Indian Institutes of Management. Other entrance tests accepted are XAT, MAT, GMAT, NMAT, etc. Applicants are selected and called for personal interviews or group discussions based on the test scores of the relevant examination. On cracking all the rounds, candidates are granted admission to the course.
The following are the common details of the admission procedure for PGDM Business Analytics.
1. Online Registration: Log into the respective college's website and admissions portal. Create an account by providing details such as email ID, contact number, and password. An application number will be generated.
2. Form Fill-Up: Filling the application form with authentic details. Most of the time, you may have to choose the desired course you want to specialise in in the application form. So, properly choose Business Analytics as the specialised course.
3. Documents Upload: Upload scanned copies of documents, signatures, and images according to requirements.
4. Application Fee: Pay the application fee through the appropriate mode using a Credit Card, Debit Card or Net Banking.
5. Save and Download: Download the application form and save it. Also, keep a hard copy of the same and a copy of the fee receipt.
6. Group Discussions and Personal Interview: The selected ones must attend the group's discussion and personal interviews at this stage. In this round, common topics are given to a bunch of students, which are to be dealt with according to their perceptions; in the personal interview, one gets questions about hobbies and interests as well as academics.
Conclusion
The PGDM in Business Analytics is not just a degree; it's an opportunity to become a vital asset in the modern, data-driven business world. By equipping professionals with the skills to transform raw data into actionable insights, this program opens the door to dynamic career growth, attractive salary packages, and opportunities with top-tier recruiters. With the increasing reliance on data for decision-making, a PGDM in Business Analytics is your ticket to becoming a leader in driving strategic innovation and success in various industries.
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