“Using data analytics is a very effective way to have an influence on an organization if you’re able to go to a meeting, and other people have opinions, but you have data to support your arguments and your recommendations, you’re going to be influential”, an excellent statement by Professor Jan Hammond, Professor of Business Analytics, Harvard Business School. Every organization strives for better efficiency and greater revenue and every employee strives for notable validation in the organization. In order to achieve this, a quantitative method of Business analytics has come up. Using data and numerical to reach a decision or initiate planning is called Business Analytics. Not every individual is capable of handling numerical and statistics thereby several institutions have been set up with a view to producing data analytics professionals.
One intensive inter-disciplinary program- Post Graduate Diploma in Business Analytics (PGDBA) offered jointly by The Indian Institute of Management Calcutta (IIM), The Indian Institute of Technology Kharagpur (IIT) and The Indian Statistical Institute (ISI) aims to produce such mathematical and data-driven individuals as professionals in leading Indian and foreign organizations. The 2-year course is a residential program, i.e. accommodation will be provided to the students. The students will be taught different areas of business analytics in the three different schools. The application of analytics in functional areas will be covered by IIM Calcutta, the technology aspect of analytics will be covered by IIT Kharagpur, and the statistical and machine learning aspect of analytics will be covered by ISI. The last six months will be allocated for internships in Business organizations.
Like any other program the eligibility criteria for PGBDA are:
1. Having a graduate or post-graduate degree from a recognized Institute;
2. Having a CGPA of 6.5 on a 10-point scale or a minimum of 60% marks in the
qualifying degree;
3. Having a CGPA 6.0 on a 10-point scale or a minimum of 55% marks in the
qualifying degree for SC/ST/PwD;
4. Final year students are eligible provided they have to submit the required
documents and final mark sheets within the stipulated time;
The final selection of candidates will be conducted on the basis of the points
achieved in the written test, personal interview, class X marks, class XII marks, and
work experience.
There are notable advantages of taking education from the IIM-IIT-ISI PGDBA. Since the course is exclusively dedicated to data science and analytics, the students are clear whether they should take the course or not. The 2-year course is very rigorous and disciplined which is advantageous for the fruitful learning of the students. The program does not emphasize one domain rather linking several aspects with data science. Students have the privilege to experience the role and functions of a manager through the education provided by IIM Calcutta, inculcate the core knowledge of technology and software provided by IIT Kharagpur, and also know about the statistical theories and applications given by the ISI Calcutta. The 6-month tenure for the internship will help the students to showcase their knowledge and skills before the recruiters. The faculty for the program is brilliant owing to the reputation of the Institutes.
There is not much competition for the course as of yet, however, the students for the course have an excellent IQ that creates a competitive and diligent environment within the curriculum. Time management and discipline are also imparted to the students besides the theoretical application. Since the Institutes are preparing the students for professional work in leading organizations the professional ethics and rules are also taught. Punctual, hard-working, and disciplined students are only entertained by the Institutes. appearing late for the classes, skipping classes, using mobile phones during lectures are strictly prohibited failing which the students can be debarred from the particular course. Maximum attendance is mandatory failing which the students might not be able to clear the semesters. These rules may seem to be harsh but following them
might be fruitful for the students while working in the organization. Punctuality and hard-work are highly recognized by business organizations besides intellectuals. Since the program is 2 years long there is emphasized training and enhancement of skills of the students thereby preparing them for the challenges in the analytics industry. Having prior knowledge about QA comes in handy in case you are an average candidate; you can try out the course from https://www.percentilers.in/
There is no doubt regarding the validation of IIM, IIT, and ISI in India. Having a certificate of PGDBA from these Institutes makes a significant difference in the resume of the students. The Industry of business analytics demands for students having enrolled in this program. Further, the program has its own placement facilities in notable firms in India as well as abroad. The first batch of the program (2015-2017) consisting of 51 students who witnessed 52 job offers from 38 companies. The second batch (2016-2018) consisting of 51 students received 74 job offers. The batch of 2018-2020 with a total of 56 students has received 60 job offers from 18 firms with an average package of 26.31 lakhs per annum. With the emergence of digital networks and technology, there is no doubt that
statistics and data have acquired an important position in every sector, be it government or private. There is an increasing demand for data scientists in every sector. Intuition has been replaced by calculation and derivation due to the changing needs and wants of the increasing population. Therefore there is greater demand for business analytics professionals in India as well as abroad. Individuals who have excellent analytical skills and wish to become the driving force of intellect behind the generation of profit and revenue of an organization as well as have good pay can definitely consider this field. The IIM IIT PGDBA program is surely one that will help the individuals stand as excellent professionals in this field with their rigorous training and brilliant faculty.
Launch your Graphy