Future of MBA in Business Analytics & Data Science in India
What is the scope of MBA in Business Analytics in India?
Business Analytics plays an important role in the growth and development of companies. It requires technical skills, analytical thinking, and business acumen required to turn data into insight for a business plan.
What is Business Analytics?
The processes that are used to assess and analyse past data to make informed decisions is known as business analytics. These processes depend on statistical analysis and simulations. For people who are hoping to make their mark in the corporate world, an MBA in Business Analytics is a good option. There is plenty of scope for students who have an MBA in Business Analytics, as there is a growing demand for such professionals in the corporate world.
Scope of MBA in Business Analytics in India.
The scope in the field of Business Analytics is constantly growing, and exploring this field requires the right technology, the right skills, the right focus, as well as proper management skills. Companies like Deloitte, IBM, and Accenture, have started using business analytic tools that are profitable and useful.
Doing an MBA in Business Analytics, opens many doors in terms of career opportunities like Client Relationship Management, Market Analysis, Inventory Management, Banking, etc. While business analytics was initially limited to predicting the performance of companies, with the growth of data analysis it started gaining popularity. Now business analytics is used to predict impact decisions of the consumers in real time.
An MBA in Business Analytics is useful for people who want to enter the corporate world. However, there are not too many colleges that are equipped to teach an MBA in Business Analytics in India. Bengal Institute of Business Studies (BIBS) is among the top MBA colleges in Kolkata that offers an MBA in Business Analytics and Data Science.
The faculty is extremely knowledgeable, and the college offers many opportunities for internships and interactions with mentors and leaders who are part of the corporate world. BIBS also has an excellent placement cell, through which they have had over 400+ companies that have come for recruitment to the college.