Mukesh Ambani recently said that ‘data’ is the new ‘oil’, which signals towards the multifold growth opportunities in the world of Data Analytics. A fresh departure from the traditional streams, Data Analytics stands as a great alternative for a management graduate who wishes to get an early bird advantage in the field.
In today’s modern economy, data is very easy to gather and store, thanks to the rapid developments in the field of mobile computing and network technology. However, the real obstacle is knowing what to do with all the data. According to a study by IBM, one in three business leaders do not know how to transform their data into meaningful intelligence. The Master of Business Administration (MBA) with Data Analytics is designed to help you unlock that ability.
The MBA in Business Analytics focuses on two aspects of the data science field: using theoretical models in the collection, design, and analysis of quantitative and qualitative data, and the real-world process of creating and implementing solutions based on that data. You’ll gain an understanding of the entire life cycle of big data: capturing, organizing, analyzing, drawing conclusions and taking strategic action to gain leverage or a competitive advantage.
MBA post-graduates in Business Analytics can find jobs in various sectors like Information Technology, Healthcare, Financial Institutions, E-Commerce, etc. Thanks to the growing importance of analytics in business, the average salary of MBA Business Analytics professionals in India is Rs. 11 lakhs per annum, making it one of the highest preferred streams for management graduates.
The various job positions available to a MBA (Data Analytics) candidate include,
- IT Systems Analyst,
- Healthcare Data Analyst
- Operations Analyst
- Data Scientist
- Data Engineer
- Quantitative Analyst
- Data Analytics Consultant
- Digital Marketing Manager
- Project Manager
- Transportation Logistics Specialist