PGDM in Business Analytics

The PGDM Business Analytics program is a two-year postgraduate management degree that teaches students how to collect and analyse data using technology to draw company insights and build business plans.

Financial Accounting, Financial Analytics, Managerial Economics, Optimization Analytics, Statistical Analysis, and other courses are covered in the PGDM Business Analytics Syllabus.

Admission to top PGDM Business Analytics colleges such as NMIMS, IFIM Business School, and Welingkar Institute of Management is usually granted after passing the respective exams.

This course typically costs between INR 1 and 10 LPA. Therefore, students who complete the degree can expect an average salary of INR 10-15 LPA.

Data analytics employment is expected to expand 11 per cent over the next ten years, substantially faster than the average for all occupations. Moreover, the demand for these individuals' abilities is projected to rise as firms continue to look for ways to boost efficiency and cut costs.



According to McKinsey Global Institute research, about 1.5 million more analytical individuals will be required for various managerial posts.


Business Analytics PGDM Course Information

  • Postgraduate Diploma in Management in Business Analytics is the full name of PGDM Business Analytics.
  • The PGDM Business Analytics program lasts two years.
  • Bachelor's degree in any stream is required for admission to the PGDM Business Analytics program.
  • Admissions to the PGDM in business analytics are based on merit and entrance exams at the national and state levels.
  • The CAT, MAT, SNAP, NMAT, GMAT, XAT, and other top entrance exams are listed below.
  • A PGDM in Business Analytics costs between INR 1 and 10 lakh per year.
  • The top employers are Amazon, HCL, Wipro, JSW Steel, IBM, Dell, and others.
  • The PGDM Business Analytics average annual pay is in the region of INR 5- 12 lakh.


What is business analytics for PGDM?

The Association of Indian Universities and the All India Council of Technical Education approve institutions providing the PGDM Business Analytics program. The PGDM degree is comparable to an MBA in the latter's case.

The points listed below will help you learn more about the course details:

  • For enterprises to acquire data-driven insights, they need to leverage a combination of skills, technology, applications, and procedures known as PGDM Business Analytics.
  • Findings from the course could be applied to improve decision-making in management, marketing, and finance.
  • Anyone participating in developing, implementing, monitoring, and evaluating Big Data strategy is advised to earn a PGDM in Business Analytics.
  • The curriculum focuses on Analytics, a combination of the arts, sciences, and technology that has grown to be one of the most well-known uses of technology worldwide.
  • In addition to learning theory, the course mandates that students tour several markets.
  • The main emphasis is on students' growth to train them to be elite business leaders and professionals.


Why pursue PGDM business analytics training?

Technology is permeating all fields and industries in the present day. Therefore, employing technology to gather, analyse, sort, and organise information is necessary.

The Business Analytics speciality covers this. Thus, among students today, it is one of the specialisations that is growing the fastest. As a result, business analytics careers are enriching and have bright futures.



The following are some justifications for selecting business analytics as your area of study:

  • Easy Adaptability: Many industries and sectors want PGDM business analytics. It contains everything, from giant MNCs to the hospitality and entertainment sectors. With this specialisation, switching and adapting between industries is relatively easier. Moreover, these options are not limited by prior experience or professional background because the degree is broad and all-encompassing.
  • A Dynamic Position: This career offers opportunities for ongoing professional growth. Due to the nature of the work, learning is a continual and rewarding process that requires one to stay current with many departments and industries.
  • Top Employers: Graduates with this degree can work with renowned employers like Amazon, JSW Steel, HCL, HP, Dell, Flipkart, GODREJ, IBM, Hitachi, etc. These businesses reward their employees with appreciation in addition to decent starting salaries.
  • High packages: People with PGDMs in business analytics can readily find high-paying employment in the public or private sectors. These graduates expect an average salary of INR 5–10 LPA.


Who ought to do PGDM Business Analytics courses?

Both new and seasoned workers can succeed in the PGDM Business Analyst program.

  • The PGDM Business Analytics Course is best suited for professionals who want to build a successful career, regardless of their educational background.
  • Professionals regularly conduct business analyses, including managers, project leads, and administrators.
  • Students who are good with numbers and have an analytical attitude can enrol in this course and test analytics.
  • Students who wish to experience and participate in technological developments while working as analysts.
  • Students passionate about math, analysis, and decision-making are interested in data mining and warehousing.


When should I start a PGDM in business analytics?

Due to ongoing technological and business model advancements, analytics has risen unprecedentedly. The PGDM Business Analytics program gives students the tools they need to stay current with industry standards.

Recent graduates may pursue PGDM Business Analytics after earning their bachelor's degree. Business analytics in the PGDM program is quite rewarding.

However, this course is experiencing a massive rush of applicants. As a result, the cost of the degree has increased significantly. Ensure your financial stability before choosing the system.


PGDM Business Analytics Course Benefits

A professional course that is rapidly gaining traction among students seeking management after graduation is PGDM Business Analytics. PGDM Business Analytics places its students at the cutting edge of global technological breakthroughs through its curriculum.

Choosing the PGDM Business Analytics program has the following advantages:

  • The use of technology has permeated every sector of the global economy. As a result, the PGDM in Corporate Analytics is a popular course, especially given the current business climate.
  • Future Potential: The new oil is data. According to experts, it is the future of everything, and the purpose of business analytics is to use data to guide business decisions.
  • Different Program: The PGDM Business Analytics course is unique compared to other Management courses. It deals with technology, numbers, analysis, and decision-making. It is highly diverse.
  • Professional Prospects: Due to how businesses are run nowadays, PGDM Business Analytics experts are in great demand everywhere in the world. The field is expanding quickly as technological advances take place all over the world.


Admissions for the PGDM in Business Analytics

Top institutions like the Indian Institutes of Management administer the common aptitude exam (CAT) to candidates seeking admission to their PGDM Business Analytics programs. In addition, the XAT, MAT, GMAT, NMAT, and other admission exams are also accepted.



A selection of applicants is made, and they are contacted for individual interviews or group talks based on their performance on the pertinent exams. Candidates are admitted to the course after passing all of the rounds.

Details about the general application process for the PGDM in Business Analytics are provided below.

  • Online Registration: Access the online admissions portal by logging onto the relevant college's website. You can create an account by entering information such as your email address, phone number, and password. Then, you'll get an application number.
  • Fill out the application form completely and accurately. You will typically need to choose your preferred course on the application form. Choose your preferred specialisation in business analytics wisely.
  • Documents Upload: According to the requirements, upload scanned copies of the documents, images, and signatures.
  • Application Fee: Use a credit card, debit card, or net banking to pay the application fee adequately.
  • Download and save: Save the application form after downloading it. Maintaining a copy of the fee receipt, keep a hard copy of the same document.
  • The chosen applicants may next be required to participate in group discussions and rounds of individual interviews. Common subjects will be presented to a group of students for their unique perspectives during group discussions. During the personal interview phase, you will be asked questions about your interests, hobbies, and academics.


Eligibility for PGDM in Business Analytics

A list of prerequisites for the PGDM Business Analytics course is provided below:

  • Students must possess a minimum of a three-year graduate degree from an institution accredited by the AIU or AICTE, with minimum cumulative grades of 50%.
  • Students taking their final examinations may also apply as long as they retain an overall GPA of at least 50% when they graduate.
  • Business analytics is open to all graduates. A background in science or commerce is often more beneficial, though, as it offers a connection to the arithmetic and statistics used in business analytics.


Admissions Based on Entry Exams

To be accepted into the PGDM Business Analytics program and meet the cutoff set by the university or college, you must take an entrance exam.

  • Students should research the entrance exams and the colleges they want to apply to accept and take those.
  • Other PGDM Business Analytics Entrance Exams include the following:
    • The Common Aptitude Test, or CAT, is administered online. The majority of business schools, including IITs and IIMs, accept it.
    • The Management Aptitude Test (MAT) is given four times a year. Both online and offline delivery options are available. It is accepted by NSHM Knowledge Campus, PIET, and other universities.
    • NMAT: The Graduate Management Aptitude Council administers the NMAT. The 75-day online test takes place between October and December.
    • The National Testing Agency administers the CMAT, or Common Management Admission Test, a three-hour online test. It is accepted by universities like Great Lakes Institute, IIMR Indore, and others.
    • XAT: For more than 60 years, XLRI Jamshedpur has administered it on behalf of XAMI. This aptitude test has a national scope.


Dates of Entrance Exams

 

ExamsRegistration DatesExam Dates
CATAugust - September 2022November 2022
XLRI XAT2nd week of September 20221st week of January 2022
SNAPAugust 2022 – Nov 2022Dec 2022 – Jan 2022
NMATJuly 2022October 2022 – December 2022
CMAT1st week of November 2022Last week of January 2023
MATMay 10, 2022, and May 23, 2022May 15, 2022, and May 28, 2022
ATMAMarch 1, 2022 – May 21, 2022May 29, 2022
MAH-CETJune 2022September 2022
TISS NET1st Week of December 20223rd Week of February 2023
IBSATJuly 2022December 2022


Preparation advise for entrance exams.

The Common Aptitude Test is the main exam for admission to all PGDM programs. However, most entrance exams have a similar format and aim to gauge students' aptitude.



The student might consider the following advice to enhance performance:

  • Concentrate on strengthening your basics: A test like the CAT demands complete conceptual clarity and a solid grasp of the principles. Therefore, please try to recognise your skills and limitations to strengthen them.
  • Practice time management: While preparing, keep an eye on the clock and make sure you don't exceed the time allotted for each question. In addition, focus on answering questions correctly rather than rushing through them all. Finally, continue taking practice tests and finishing year-old homework.
  • Work organisation: Study materials for a well-known exam like the CAT are in plentiful supply. Multiple study options, meanwhile, can be overwhelming and exhausting. Therefore, rather than attempting to cover everything, students are recommended to do thorough research on the study material they choose and stick with it.
  • Reading and comprehension problems should be the candidates' immediate attention because they will make up most of the exam's comprehension questions. Candidates should make an effort to respond to at least 26 questions to achieve the 95 percentile.
  • These tests consist of three primary sections:
    • Comprehension of reading and verbal reasoning
    • Using logic and interpreting data
    • Quantitative reasoning and aptitude
  • In addition, some entrance exams include an area of general knowledge (GK).
  • Read publications of worldwide reputation, such as the Economic Times, Wall Street Journal, and others, for verbal reasoning.


PGDM Business Analytics Course Outline

The program is often broken up into four semesters, each lasting roughly six months. The PGDM Business Analytics Syllabus covers various topics, including Management Functions, Business Statistics, Data Analytics, Business Law & Corporate Governance, and more.

Students must complete some industry visits, market research projects, and other pertinent assignments during the course. This demonstrates how the PGDM Business Analytics program blends theory and practice rather than being solely theoretically focused.


Business Analytics Subjects for PGDM

A table of the PGDM Business Analytics syllabus for each semester is shown below.

 

Module 1Module 2
Management Functions & OBOperations Management
Business StatisticsHuman Resource Management
Managerial EconomicsMarketing Management
Introduction to IT SystemsResearch Methodology
Business CommunicationFinancial Management
Financial AccountingEconomics and Social Environment
Module 3Module 4
Introduction to Big DataBusiness Law
Data Analytics Using RInternational Business
Data Analytics Using SASEntrepreneurial Management
Advanced Analytics using REnterprise Systems
Applied StatisticsManagement Accounting
Study DevelopmentCorporate Governance
Case Business SimulationProject Work


Business Analytics for PGDM: Online Learning

PGDM Business Analytics offers a two-year correspondence postgraduate degree program in management. One of the advantageous study options for students who are unable to pursue a traditional PGDM in business analytics due to certain limitations is a distance PGDM in business analytics.



The following are some characteristics shared by distance PGDM Business Analytics Eligibility:

  • Bachelor's degree in any field is sufficient.
  • Achieving an overall grade point average of 50% in 10+2 and graduate
  • requisite scores on admission examinations.


Distance PGDM Business Analytics Top Colleges

The top universities and schools that offer the PGDM in Business Analytics through distance learning are listed below, along with their costs.

College NameFees(INR)
Venkateswara University, Pune1,40,000
Dr DY Patil School of Open and Distance learning76,000
Venkateswara University, Itanagar24,000- 84,000


Business analytics colleges with a PGDM

The finest PGDM Business Analytics Colleges in the best Indian cities and their tuition costs are listed below. Below is a list of some of India's best PGDM business analytics colleges:


Indian PGDM Business Analytics Colleges

 

College NameAverage Annual Fees
IIM Bangalore23,00,000
IIM Calcutta24,00,000
IIT Kharagpur20,00,000
ISI Kolkata10,00,000
Narsee Monjee Institute of Management StudiesINR 8,50,000
Welingkar Institute of ManagementINR 1,10,0000
IFIM Business SchoolINR 8,00,000
Lal Bahadur Shastri Institute of ManagementINR 5,84,000
ITM Business SchoolINR 4,95,000
Indus Business AcademyINR 4,31,000
Gitam School Of International BusinessINR 3,00,000
Jagannath International Management SchoolINR 3,60,000
NIT TrichyINR 14,01,520
Lovely Professional UniversityINR 3,04,000


Colleges for PGDM Business Analytics in Hyderabad

College NameFees(INR)
Aurora's Business School5,40,000
DCM6,55,000
VJIM7,50,000
SSIM7,60,000
ISTTM Business School4,50,000
JOHN's Business School4,50,000


Colleges for PGDM Business Analytics in Chennai

 

College NameFees(INR)
LIBA12,20,000
ITM Business School9,90,000
RSB6,00,000
PGSBE3,50,000
BSAU7,48,000


Colleges for PGDM Business Analytics in Pune

 

College NameFees(INR)
PIBM7,95,000
KIAMS12,50,000
Lexicon Mile8,30,000
ISMR6,00,000
CIM7,00,000
IIBR1,94,000
ASM Group of Institutes6,50,000
Dr DY Patil Vidya Pratishthan Society6,50,000
Dr DY Patil B- School7,50,000


Colleges for PGDM Business Analytics in Bangalore

College NameFees(INR)
IFIM Business School12,00,000
Indus Business Academy9,62,000
AIMS Institute9,00,000
ISBR Business School9,00,000
ISME8,25,000
SIUB1,31,000
GIBS B School7,40,000
ASM7,00,000
Sunstone Eduversity1,25,000
ISB&M7,40,000


Jobs & Placements in PGDM Business Analytics

PGDM Business Analytics covers a wide range of applications and professions across sectors. As a result, there are several opportunities in various industries, such as banking, retail, finance, insurance, healthcare, automobiles, etc. In addition, you can acquire positions in more sophisticated analytics fields, such as machine learning, artificial intelligence, and more, based on your talents and ability.



Based on expertise and company, the typical salary scale for a fresher is INR 5-6 lakh per year. After two years, the average annual salary rises to 7-10 lakh. Consistency in the field might even let a person earn more than INR 10 LPA.


Top Job Descriptions

The table below lists some of the most common PGDM Business Analytics careers, job descriptions and typical yearly salaries.

 

Job PositionDescriptionAverage Annual Salary
Data ScientistResponsibilities include scrutinising information using data analysis tools. The meaningful results they pull from the raw data help their employers or clients make important decisions by identifying various facts and trends.INR 7 LPA
Market Research Analyst

Responsibilities include:

  • Monitoring and forecasting marketing and sales trends.
  • Measuring the effectiveness of marketing programs and strategies and devising and evaluating methods for collecting data, such as surveys.
  • Questionnaires.
  • Opinion polls.
INR 8 LPA
HealthCare Analyst

Responsibilities include:

  • Evaluating medical data to improve the business part of hospitals and medical facilities.
  • Preparing status reports.
  • Creating record-keeping processes.
  • Assessing data from different sources.
INR 6.5 LPA
Quantitative Analyst

The responsibilities include:

  • Maintaining and improving pricing analytics.
  • Coordinating and sharing knowledge with quants in other locations.
  • Optimising code.
  • Adhering to the team's best practices.
INR 13 LPA
Computer System AnalystsThe responsibilities include ensuring that all computer systems within an organisation support organisational goals, determining the strengths and weaknesses of existing systems, and identifying areas for improvement.INR 6 LPA


Best Recruiters

Because of technical improvements and a globalised supply chain network, PGDM Business Analytics specialists are engaged across sectors. The following are the top PGDM Business Analytics recruiting organisations:

AmazonDell
JSW SteelFlipkart
HCLGodrej
WiproIBM
HPHitachi


Salary for PGDM Business Analytics

The compensation of PGDM Business Analytics experts is determined by the abilities and experience earned over time. The work function and duties also play a significant effect in pay.



The following are some of the job roles and their typical salaries:

 

Job RoleAverage Salary(INR)
Data Scientist6,37,000
Data Analyst3,91,000
Analytics Manager10,00,000
Business Analyst5,38,000
Business Analyst(IT)3,57,000
Data Architect7,47,000
Data Engineer4,50,000


Business Analytics after PGDM

PGDM Business Analytics jobs in Hyderabad, Mumbai, Bangalore, Chennai, and Delhi are in high demand and highly paid in every firm.

Business Analysts are now employed not just by manufacturing firms but also by industries such as information technology, the stock market, banks, and other financial organisations. As a result, business Analytics is becoming more popular in India and worldwide.

However, one has the option to pursue a higher degree as well after successfully finishing the course. In such a situation, M.Phil. or PhD management courses are standard options.

However, a better degree in the same field will not only make an individual more professional but will also aid in gaining a thorough comprehension of the topic.

Organisations mostly use data-driven analysis. Therefore, business analytics is integrated with data analytics, which will play an essential part in an organisation's data security systems. This, in turn, contributes to the flourishing and bright future of PGDM Business Analytics.

Mentr Me
Follow us on:
Instagram
Youtube
Reach Out to us:
MentR-Me Education Pvt. Ltd.
Fourth Floor, Vijay Tower, Panchsheel Park North, Panchsheel Park, New Delhi-110049
Copyright © 2021 MentR-Me. All rights reserved.