PGDM in Business Analytics is a 2-year management course that targets a rapidly growing sector of business analytics. It is related to the data analytics field and involves the study of subjects involved in the theorems, applications, technologies and processes employed in the analysis of data to derive business-related 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 graduation for this course. It builds expertise in a student on the operations involved in processing raw data into usable information on which business decisions can be based. It is an excellent choice of course for a candidate who wishes to work in Big Data Analysis.
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 analyse data. From small companies to large organisations, the influence of business analytics can be seen on every scale.
PGDM in Business Analytics Highlights
Course Name | Post Graduate Diploma in Management in Business Analytics |
|---|---|
Short Name | PGDMBA |
Course Level | Post Graduate |
Course Type | Diploma Course |
Degree | Post Graduate Diploma in Management |
Specialisation | Business Analytics |
Course Duration | 2 years |
Internship | Mandatory |
Course Mode | Full Time / Distance |
Minimum Qualification Required | Graduation in any stream with at least 50% aggregate marks |
Age | No Limit |
Selection Process | MBA Entrance Exam + GD / PI round of colleges |
Average Course Fee | Rs. 4 – 10 lacs |
| Average Salary | Rs. 3 – 6 LPA |
| Top Recruiting Companies | Accenture, Wipro, Google, Citi Bank, FSSAI, HCL, Amazon etc. |
PGDM in Business Analytics 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 is the eligibility criteria specified by AICTE for PGDM in Business Analytics. Colleges may have additional or different conditions than the ones specified below.
- The candidate must have completed a bachelor\’s degree course from a recognized university.
- The candidate must have no active backlogs and must have received at least 50% aggregate marks in the graduate degree.
- 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.
PGDM in Business Analytics Admission Process
Here are the details regarding the process of admission to the PGDM in Business Analytics course.
- The admissions are entrance-exam based and colleges also consider other details such as previous academic performance.
- The candidates have to appear for MBA entrance exams such as CAT / MAT / XAT / IPMAT etc. Some private colleges have seats reserved under management quota for which direct admissions are conducted.
- The candidates who qualify the cutoff of the college are shortlisted for selection. Shortlisted candidates are then called for a GD/PI round of the institute.
- Final admissions are granted based on the overall performance of the candidates.
PGDM in Business Analytics Career Options and Job Prospects
PGDM in Business Analytics deals with a relatively new stream that has immense scope for development in a digital world that is generating data at an unprecedented rate. Professionals who can help businesses make sense of this data and make better business decisions in today\’s world. Almost all of the modern companies are investing in Data Analytics as a means of business and the data market has grown to be worth more than USD 50 billion.
Business and Data Analytics is influencing an increasing number of sectors and has potentially transformed how businesses are conducted. Jobs for Analysts are not only available in private industries but also in the Government sector. The graph below provides a rough estimate of the distribution of employment opportunities in the analytics field.
Here are the common areas of employment for PGDM in Business Analytics graduates.
- Banks
- Business Consultancies
- MNCs
- Market Research Agencies
- Advertisement Agencies
- Telecoms etc.