“Business analytics is one of the few careers that has shown resilience against recession and will see a greater demand as enterprises try to utilise all available data to recover from the downturn,” says Dr Bhat
NMIMS’ Centre of Excellence in Analytics & Data Science initiated admissions in Mumbai for its widely esteemed MBA (Business Analytics). The course, established in partnership with faculty and industry experts from NMIMS, is intended to inculcate management training with critical thought. Until December 14, students will apply for the two-year course. The industry-focused pedagogy emphasizes, is a multi-faceted business relationship, on delivering real-world preparation.
“Business analytics is one of the few careers that has shown resilience against recession and will see a greater demand as enterprises try to utilise all available data to recover from the downturn. Proof of its steady demand comes from the fact that most IT companies, including TCS, Capgemini, and Accenture are now offering end-to-end analytical services for the BFSI sector,” said Dr Ramesh Bhat, officiating Vice-Chancellor SVKM’s NMIMS, Provost and Dean, School of Business Management. He further added, “Crucially there is a lag between the demand for experts in business analytics and their supply. As Big Data and analysis grows in significance, the requirement for analytics experts will only grow. An MBA in Business Analytics offers students an opportunity to work in this rapidly growing domain.”
The program is expected to meet the high demand for business analytics in the corporate world. It is one of the few careers which has seen minimal impact due to the COVID crisis. According to one study, business analytics was one of the most rapidly developing domains in 2019-20 with a 19% growth over the previous year. While the current pandemic has caused a contraction of jobs across domains, data from multiple job websites show that business analytics is one of the few job areas that are still in very high demand.
Dr Anuja Agarwal, Professor and Associate Dean MPSTME and In-charge MBA (Business Analytics) explained the program, “The MBA curriculum is designed to help students apply analytical skills to every aspect of business management, including, Marketing, Finance, Economics, Technology and HR. It lays a heavy emphasis on corporate partnerships through internships, roundtables, webinars, and live projects as part of their hands-on training.”
To equip students with emerging technologies, the course includes key areas like Information Management, Advanced Analytics, Artificial Intelligence, Visualisation and Reporting. As one of the highly sought after management profiles, an MBA in business analytics can open up opportunities to work in the field of business intelligence, IT business analysis, Financial Analysis, Supply Chain Analysis, Market Analysis, and business analysis consultant.
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