In today’s modern world, technology is making a way in all companies and sectors. All the information required to be sorted, arranged, analyzed, and collected with the use of technology which comes under PGDM in business analytics.
PGDM stands for post-graduation diploma in management which is offered by autonomous institutes.
PGDM in business analytic comprises skills, technologies, and applications. The courses offered can be used to aid decision making across functions. This program is recommended for those who are involved in planning, implementation and measuring the effectiveness of big data strategy.
Students are required to have several market visits except for studying theory.
The most basic key highlights of PGDM in business analytic are:
|PGDM in business analytic: key highlights
Full form: Post-Graduation Diploma in Management in Business Analytics.
Duration: 2 years.
Eligibility: Batchelor in any subject from a respective college.
Entrance exams: CAT, MAT, GMAT, NMAT, etc.
PGDM in Business Analytics Subjects: management functions, business statistics, data analysis, business law, and corporate govt, etc.
PGDM in Business Analytic Fees: INR 3-12 LPA
PGDM in Business Analytics Salary: INR 5-10 LPA
PGDM in Business Analytic Jobs: data analytics, healthcare analytics, market research, computer system analytics, etc.
Top recruiting companies: Amazon, HP, Flipkart, Dell, HCL, IBM, Hitachi, etc.
Many colleges offer the course of PGDM in Business Analytic if you score well in the entrance exams like CAT, MAT, GMAT, NAMT, etc.
Top colleges for PGDM in Business Analytics are:
|Narsee Monjee Institute of Management Studies||Mumbai||INR 8,50,000|
|IIM Calcutta||Kolkata||INR 2,40,000|
|IIM ( Social Welfare and Business Management)||Kolkata||INR 2,34,000|
|Symbiosis School of Management and Human Resource||Pune||INR 1,94,000|
|Lal Bahadur Shastri Institute Of Management||Delhi||INR 1,24,000|
|Welingkar Institute of Management||Mumbai||INR 1,10,000|
|Lovely Professional University||Jalandhar||INR 3,04,000|
The entrance exams required to be given for admission in various colleges are:
CAT: It is a Common Admission Test which is conducted by the Indian Institutes of Management every 3rd week of November.
GMAT: It measures the verbal, qualitative, and analytic concept of the person, this test is conducted by the Graduate Management Admission Council.
NMAT: It is a national-level test conducted by the Graduate Management Admission Council.
MAT: It is a Management Aptitude Test which is conducted by All India Management Associations.
PGDM in Business Analytics provides wide applications. They have the opportunity in various sectors of the industry such as banking, healthcare, retail, finance, etc. based on skills and aptitude one can be offered a more advanced job.
Salary offered to a freshly graduated student INR 56 per annum based on the skills and aptitude.
Popular hiring organizations for such students include:
- JSW Steel
The table below shows some of the jobs in PGDM in Business Analytics:
|Job Position||Description||Average Annual Salary|
|Data Scientist||Responsibilities include scrutinizing information using data analysis tools.||INR 7 LPA|
|Market Research Analyst||Responsibilities include monitoring and forecasting marketing and sales trends, measuring the effectiveness, and devising and evaluating methods for collecting data, such as surveys.||INR 8 LPA|
|Healthcare Analyst||Responsibilities include evaluating medical data to improve health care in hospitals.||INR 6.5 LPA|
|Quantitative Analyst||The duties are to maintain and enhance pricing analytics, co-ordinate, and share knowledge with quants in other locations, optimize code, and follow the team’s best practices.||INR 13 LPA|
|Computer System Analysts||The duties are to ensure that all computer systems within an organization serve to support organizational goals.||INR 6 LPA|
Lastly, we will discuss the reasons to choose PGMD in Business Analytics and how it will help us in the future.
It gives a wide exposure to a range of industries. One doesn’t need a professional background to work and the choices are open widely with far-reaching.
Development in career
PGDM in Business Analytic makes a way for professional developers throughout the career and update in various departments.
Companies like Amazon, HP, Dell, Flipkart, etc provide recognition to employees.
PGDM in Business Analytic professional can easily get high paying jobs in both the private and government sectors.
A career in PGDM in Business Analytics is highly rewarding with a great future. The vision is to make students world-class leaders and business professionals.