Admin | July 20, 2022
- Choosing the best business analytics college for your M.Sc. in Business Analytics is a crucial decision that will have a lasting impact on your future career prospects.
- Certain aspects of every college that you should carefully consider before enrolling in that school, especially if you have personal preferences or specific goals/interests that drive your choice.
- The courses offered by the Business Analytics programme are highly industry-oriented, which helps students know the expertise they would be expected to exhibit upon graduation.
- The essence of these courses is that students learn how to create algorithms and analyse data to reach a conclusion without having any prior experience with such responsibilities at their level.
With the rise of data analytics and big data, there has been a lot of demand for professionals who can help companies make sense of their data. Business analytics is one field that is growing rapidly and has become a preferred career option for many people.
This article will help you find the best business analytics colleges in India.
However, let us first understand what business analytics is? And why is it important?
Business analytics refers to the use of advanced statistical and quantitative techniques for business decision-making, such as forecasting future performance, identifying potential risks and opportunities, understanding customer behaviour, etc.
The demand for professionals with business analytics skills is increasing rapidly as companies are looking to better understand their customers using advanced analytical methods like predictive modelling or machine learning algorithms.
What is M.Sc in business analytics?
A Master of Science in business analytics (M.Sc.) is a graduate-level programme that builds upon undergraduate-level business, computer science, mathematics, statistics and other related fields of study. The goal of an MS in Business Analytics degree aims to prepare students for jobs requiring advanced quantitative skills and knowledge about how to use data to make strategic decisions for the organisation.
M.Sc in business analytics prepares you to work as a data scientist or a business analyst. It teaches you how to work with large amounts of data and how to use it for various purposes like marketing and sales, product development etc.
The course focuses on preparing students for the industry needs and helping them get the best job offers after graduation. The course will help you learn about the different tools and techniques used by companies for data analysis and how they can be used effectively.
It will also help you gain skills such as using the R language, Python language, SQL language etc. This will help you easily find jobs in big companies or startups where these skills are required.
Is business analytics a good career?
Business analytics careers are in high demand, and they are growing fast. In fact, the US Bureau of Labour Statistics predicts that the number of jobs related to business analytics will grow by more than 28% between 2016 and 2026.
So, why is there such a high demand? For one thing, business analytics is an umbrella term for a broad range of skills and roles. There are lots of different ways you can use your skills in business analytics—and there’s something out there for everyone!
You don’t have to have a computer science or mathematics background to succeed in this career. A lot of people with backgrounds in marketing, finance, or other business fields find themselves drawn to this exciting field after reading about its benefits and growth potential.
However you get here, whether you love technology or want to make an impact on your company’s bottom line, it is never too late to learn more about this exciting career path!
Why are M.Sc. programmes in data science booming?
M.Sc. programmes in data science are booming for several reasons.
First, there’s been a growing demand for people who can analyse and interpret large amounts of data. It’s an important skill to have, as it helps companies make better decisions.
Second, these programmes are relatively new and not as established as master’s programmes in other fields. They’re still finding their footing, and as a result, they’re more flexible and open-minded than many other programmes.
Third, there’s been a lot of investment into research in this area, which has given rise to many new tools and techniques that the industry hasn’t yet had time to adopt. People who study data science now will be ahead of the curve when it comes time for them to enter the workforce.
Is a master’s in business analytics worth it?
Master’s in Business Analytics is a degree that can be extremely useful in a variety of careers, but it’s not for everyone. Before you commit to an expensive programme, you should consider whether or not the degree is right for your career goals.
If you’re interested in working as a data analyst, business intelligence developer, or other related role, then you should strongly consider pursuing this degree.
The value of the degree depends on what you want to do with it. The demand for business analysts has increased over the last few years, so getting a master’s degree can put you at the top of the list when employers are hiring.
If you’re planning on getting an MBA anyway, then consider adding a specialisation in business analytics so that you can stand out from other applicants when applying for jobs later down the road!
Which is better – MBA or MS in business analytics?
If you’re considering an MBA and a MS in Business Analytics, you’re probably wondering which is the better choice. While both programmes will prepare you for a career in business, they do have some differences that may make one a better fit than the other.
The MBA is more traditional and designed to help students develop management skills and gain an understanding of how businesses are run. It tends to be more generalist in nature and offers a broad overview of business while specialising in one area. The MS in Business Analytics focuses on using data analytics to solve business problems, so it requires more technical knowledge and experience with statistics. It also provides more hands-on experience working with data than an MBA programme does.
If you’re interested in learning about how data can be used to improve your company’s performance or solve problems, then an MS in Business Analytics may be the right choice for you. However, if you’re looking for broader career options that allow you to work across departments or specialise in different areas of business management, then an MBA may be a better fit for your needs.
The best college for M.Sc. in business analytics
If you are looking for the best business analytics college in India where you can get an M.Sc. degree in Business Analytics, here is a list of some of the top universities to choose from:
- Manipal Academy Of Higher Education
Manipal Academy Of Higher Education (MAHE) is the best institute for an M.Sc in Business Analytics because they have a reputation for offering rigorous, relevant courses that are designed to prepare students for the challenges of a career in business administration.
Manipal Academy of Higher Education has been educating many students per year since its inception in 1953. The school has over 5 campuses across India and is consistently ranked as one of the best universities in India by several newspapers, magazines and websites.
It also offers a wide variety of programmes that cover all areas of business administration including accounting, economics, finance, marketing and international business. Students can choose from over 100 different majors. This allows students to focus on their interests while still receiving a quality education that will prepare them for success after graduation.
This NAAC A++-ranked institute has been awarded ‘Institute of Eminence’ status by the Government of India for its high standard in education curriculum and delivery. MAHE has entered the online learning space by launching online degree and certificate programmes in Data Science, Business Analytics, Business Administration, and Supply Chain Management. Online M.Sc. in Business Analytics is delivered through the state-of-the-art learning management system (LMS) on the Online Manipal platform, wherein learners can access learning materials and interact with teachers and peers.
- IIM Bangalore
IIM Bangalore is one of the most prestigious business schools in India. It is also one of the best business schools in the world and has been ranked as such by several prominent organisations.
IIM Bangalore is among the best Business Analytics colleges and was founded in 1973, and it was India’s first IIM. It currently has a student body of over 2,500 students from over 50 countries worldwide, including India. The school offers courses in management, economics and commerce at all levels: undergraduate, postgraduate and doctoral levels.
The school provides excellent facilities to its students. These include an e-library with over 70 computers and access to internet resources; a state-of-the-art computer lab; a centre for research; an auditorium; a cafeteria; hostel accommodation; gymnasiums; sports facilities; medical care centre; bank on campus; campus police station; student union office; language lab etc.
It offers a two-year full-time MBA programme for students who have completed their undergraduate studies in any field from any university overseas or within India. Students are admitted based on a Common Admission Test (CAT) score plus their academic performance at the undergraduate level.
- IIM Ahmedabad
Indian Institute of Management Ahmedabad (IIM-A) is one of the most recognised business schools in India and the world. IIM-A was ranked 8th by the Financial Times in its global MBA rankings for 2019. It was also ranked 6th by Business Today in their 2019 MBA ranking and 5th by The Economist in their 2019 global MBA ranking.
The Association has accredited the institute to Advance Collegiate Schools of Business (AACSB) since 1996, which means that it meets the highest standards for business education. It also has international accreditation from EQUIS, a European Foundation for Quality Management.
The institute offers courses at both the undergraduate and postgraduate levels, and there are many different programs available, including:
- Master of Business Administration (MBA)
- Postgraduate Diploma in Financial Markets (PGDFM)
- Postgraduate Diploma in Business Analytics (PGDBA)
The courses are designed for students who have completed their undergraduate studies in any discipline other than business administration or management. Students can choose from one of five streams: Finance, Marketing, Human Resource Management, Operations Research & Information Systems Management or Strategy & Consulting.”
The business analytics programme at Online Manipal includes theoretical and practical training and many additional opportunities that help students get additional industry-oriented qualifications. Students who have passed out from the institutes mentioned above can easily find a good job in the field of management and administration in various areas, including both public institutions and private companies.