MBA in Analytics – A Way to Learn Intricate Aspects of the Business

 The business analytics programme equips students with technical skills and business acumen to learn and get insights about contemporary issues and practices in analytics-driven economies. It also provides an opportunity to learn and explore modern management tools, machine learning, databases, big data, digitisation, artificial intelligence, key software (e.g., Python, R, SQL, etc.), and analytics in the context of business operations and builds leadership skills.

Pursuing an MBA in Business Analytics will be your saviour if you are keen to nurture your Business Analytics. MBA in Business Analytics is the study of amalgamating, collecting, processing, using, and sorting statistical methodologies to convert data into business insights.

MBA in Analytics – An Overview

MBA in Analytics is a two-year master's degree program that trains students in technical and management skills both. In addition, the course plays a vital role in business through consultancy and research. Students can enrol in a full-time or part-time course depending on their requirements. 


During the course, students will study concepts that are important for the discipline, marketing intelligence, predictive analysis, econometrics, data visualisation, text and data mining, and more.


Pursuing an MBA in Analytics degree offers hundreds of thousands of job opportunities for students as employer demand is increasing rapidly, and as per reports, the International data analytics market is projected to grow by 25% by 2030. 


The Broad Scope of Business Analytics


The descriptive analysis professional role is to understand and analyse the past and present situation:


  • Predictive analysis has been commonly used to examine and study business execution.

  • A prescriptive examination professional helps define advancement systems for more vigorous business execution.

  • A market research analyst professional gains insights into present market trends by evaluating and collecting daily, weekly and monthly performance surveys, reports, client feedback, etc.

  • A prominent data analyst professional has several tasks ranging from conducting marketplace research to mining data for information.


MBA in Business Analytics Syllabus List


Pursuing this degree helps students to understand which dataset is useful and how it can be leveraged to solve real-life problems and increase efficiency, revenue and productivity. This is why the demand for this course is rising, and almost every university offers this course.

Every university has little change in MBA in Business Analytics syllabus list. Below-mentioned is the list of four-semesters syllabus. Read on to know.

Semester 1st - In the 1st semester, students will study the core courses in management. These include managerial economics, financial accounting, and Computational Methods and Statistical Analysis courses.


  • Managerial Economics

  • Organisational Behaviour

  • Quantitative Methods

  • Management Information Systems, etc


Semester 2nd - MBA in Business Analytics syllabus for the second semester will introduce subjects such as research methods, business intelligence, optimisation, etc.


  • Financial Analytics

  • Stochastic Modelling

  • Corporate Communication

  • Human Resource Management, etc


Semester 3rd – In the 3rd semester, students will study how to design market analysis systems, including subjects such as predictive analysis, data mining, risk management, etc. 


  • Simulation Modelling

  • Professional Development

  • Analytics Systems Analysis & Design

  • Marketing Analysis, etc


Semester 4th - MBA in Business Analytics syllabus will train students in business regulations, analytics and strategy used in businesses during this semester. They will also gain industry or business exposure and work on real-time projects. Check out the list below.


  • Big Data Analytics

  • HR Analytics

  • Operations and Supply Chain Analytics

  • Project Management

  • Legal and Ethical Aspects of Analytics, etc


Conclusion


Pursuing MBA in Analytics program trains and educates students in gaining deep knowledge and skills in various analysis methods, which they can eventually use to analyse and collect the data for business analytics generation to serve various functional fields in an organisation. 


There are a lot more benefits students will gain after completing this course. So don’t waste time and apply for an MBA in Analytics course now.

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