Is an MBA in Data Analytics a good decision?


Posted June 18, 2021 by sidtmpune

Data Analytics has emerged as one of the most lucrative and high-paying career paths today.

 
An MBA in Data Analytics in India has a lot of potential and will unlock endless opportunities for you in the field. The need for capable Data Analytics professionals outweighs the number of applicants, hence doing a degree in the subject is an astute choice.

Let us take a brief look at an MBA in Data Analytics.

Course Overview

An MBA in Data Analytics is a two-year-long program. It is designed to teach students how to collect raw data and convert it into information that provides valuable insights, enabling a firm to make smarter, data-driven, and informed business decisions. It deals with theoretical knowledge of data analytics as well as the practical application of these methods in neural networking, forecasting methods, prediction algorithms, etc.

Course Syllabus

Here are some of the subjects that are commonly included in an MBA Data Analytics course-

● Accounting for Managers
● Econometrics
● Project Management
● Financial Analysis and Reporting
● Data Cleaning, Normalization and Data
● Applied Statistics for Data Analytics
● Organizational Behaviour
● Macroeconomics in the Global Environment
● Applied Business Analytics
● Research Methodology
● HR analytics
● SAP HCM
● SAP FICO
● Descriptive Analysis
● Predictive Analysis
● Healthcare Analytics
● Stochastic Modeling
● R Programming
● Ethical and Legal Aspects of Analytics
● Social and Web Analytics


Course Eligibility

Many colleges offering this program conduct their own entrance exams. Some colleges accept students on the basis of merit, i.e. their undergraduate degree exam scores. You need to score at least 40% in your undergraduate studies to be eligible for merit-based admission.

Salary and Job Prospects

The average salary of fresher MBA in Data Analytics graduates is around 8-10 LPA. Depending on the university, the packages may vary from 4 to 20 LPA. Here are some of the common job profiles of these graduates-

● Data Analyst
● Data Scientist
● Data Engineer
● Business Analyst
● Risk Analyst

Students can opt for higher education such as an M.Phil degree or a PhD in Data Analytics which will unlock higher-paying research Data Science Research positions.

Conclusion
Data Analytics is one of the best fields to get into in today’s times. The field is constantly evolving as we observe new developments in technology, software, machine learning, and artificial intelligence. Hence, the role of a data analyst will also change to keep up with the times. This makes it an exciting career to work in.

It is also one of the highest-paying roles all around the world and the opportunities are endless. The role of a Data Analyst and Data Scientist ahs even been coined as the “Sexiest Job of the 21st Century” by Harvard University.

If you are planning to opt for an MBA in Data Analytics in Pune, SIDTM is the perfect choice which offers an excellent curriculum and an experienced teaching staff.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By SIDTM Pune
Country India
Categories Education
Tags mb ain data analytics in india , mb ain data analytics in pune
Last Updated June 18, 2021