With the advancement of technology and foreseen exponential growth in the digital arena, the importance and usage of data have witnessed a radical change. Today the world revolves around data. What once seemed impossible is now made feasible through different data uses such as Artificial Intelligence, Machine Learning, Blockchain, Big Data, Digital Augmentation, etc. Organizations worldwide are now harnessing data for their strategic goals, following which the next decade will pace rapidly towards technologies and digitalization. Professionals can now leverage the opportunity to become in-demand data analytics experts by learning future-ready skills and becoming a part of an exciting and expanding field that’s only growing stronger.
Today, data has become one of the world’s most vital and valuable commodities. And the storage and retrieval of this data will come through the professions of data analysts, data scientists, or business analysts. Hence, with increasing data repositories, the demand for skilled data individuals is set to rise multifold in the coming years.
What is Data Analytics?
As is clear from the terminology, data analytics is concerned with analyzing data trends and processes to draw meaningful conclusions from the heaps of data through advanced technologies and techniques, helping organizations make better-informed decisions. For those intimidated by data analytics, it gradually covers visualization tools such as Tableau, SAS, Power BI, etc., along with programming languages like Python, R programming, etc. A data analyst works with the management team to set goals and paves the way for achieving them through data extraction and exploration.
Along with a thorough understanding of technical skills with cloud platforms like Azure, IBM, machine learning, and data visualization tools, these professionals also need to learn interpersonal skills for rendering their service in any organization.
What is the Future of MBA Data Analytics Courses?
The scope and opportunities for data analysis abound in a world increasingly relying on data and information. With the effective use of different data analytics tools and techniques, you can do wonders on just a set of raw numbers and convert them into excellent and informative insights.
Having a grip on the different aspects of data analytics will open doors of opportunities for you. It finds wide usage in nearly every business sector today- retail for understanding customer needs and optimizing the supply chain process; healthcare for analyzing patients’ data. In the banking sector, customer churn-out rates, loan defaulters, logistics, manufacturing, travel, and tourism, among others.
Having a degree in MBA Data Analytics Courses will increase your chances of being hired by some of the top tech companies in the world. Every business owner is looking to optimize their business performance; this trend has increased the industry demand for data analysts. In addition, this field has gathered momentum with the doubling of internet penetration in the past decade. With this, the data analytics course has seen a tremendous jump, with increased data collection and ultimately tapping that data to understand current trends leading to efficient business running.
MBA Data Analytics Syllabus
One of the most trending courses, Data Analytics, is a bridge connecting us to the world of automation. It has spread its wings far and wide and is today applied in all organizations ranging from the top MNCs to start-ups and unicorns. This domain of study encompasses and teaches how to deal with vast volumes of unorganized data to derive meaningful information. Pursuing an MBA in Data Analytics will acquaint you with analytics, data mining, machine learning, automation, etc., which will equip you with handling heterogeneous data sets. A variety of courses falling under the ambit of data analytics, such as artificial learning, statistics, data engineering, etc., combined with real-world projects and classroom activities, has slowly turned into one of the most sought-after career choices for future aspirants.
Crunching enormous amounts of data for businesses involves rigorous analysis through various tools. If Google Maps, Robots, Chatbots, and Tesla’s self-driving cars are certain things that spark interest in you, then choosing one of the best data analysis courses is the right thing for you. A data analyst engulfs computational skills and helps set up business models by identifying problems and resolving them through intensive data-driven insights.
MBA Data Analytics Job Prospects
MBA Data analytics courses have become the new buzzword in B-Schools across India. An MBA in data analytics helps you acquire knowledge and expertise in various analytical tools, along with several exciting opportunities to explore. The challenging work leverages different business domains and technical knowledge while promising high growth and reward. For example, one can work in a management consulting or financial service firm where one can utilize the skills to analyze the risks and study the uncertainty in identifying profitable customers and determining specific strategies. One can also venture into marketing or financial roles and apply analytics to make critical business decisions. In short, the possibility of growth and opportunity in this domain is endless.
Data analytics & visualization courses prepare you to apply data exploration, data mining, python programming, and machine learning tools to data science theory and practice. They also help you understand the community impact of data analysis, including ethical and legal issues and privacy and security norms regarding data science practice. With the Indian government’s push towards digitalization and brilliant initiatives like Digital India Programme, Digilocker, MyGov platform, etc., it is crystal clear that the future of MBA data analytics courses followed by a career in data analytics seems bright. Data Analytics, as an industry, is projected to grow at an astonishing rate, with almost 11 million jobs expected by 2026*.
Eligibility Criteria for MBA in Data Analytics
In the information age, data professionals with the skills to uncover insights in large volumes of data and apply them to actionable solutions are critical to an organization’s performance. Designed by renowned data scientists, MBA Data Analytics courses introduce you to data science foundations (including databases, mathematical foundations, and algorithms). This sets you up for success in advanced research areas such as data exploration, data wrangling, and big data processing.
The course bridges the gap between data analytics theory and practice, focusing on job readiness. As you build your expertise in advanced data analysis topics, you’ll also have the chance to implement it in an analytics-focused professional development project. The MBA Data Analytics syllabus is designed around a curriculum emphasizing data management and analytical tools that you can apply across various disciplines. It is a full-time course spanning two years and may include internships, dissertations, industry visits, hands-on training in analytics laboratories, and professional certifications. It revolves around studying big data, data mining, database management, data analytics, and data warehousing.
Bright Future that entails Data Analytics
Touted as one of the most lucrative career options worldwide, data analytics is every organization’s need of the hour. As data becomes increasingly ubiquitous, the need for experts handling it for transformative usage has escalated. Millions of gigabytes of data are generated daily, just waiting to be put to better use for the benefit of the organization and society, which is enough to highlight the importance of making a career in data analytics and the umpteen prospects it offers. Businesses are increasingly looking for professionals skilled at creating, managing, and using informational data sets for drawing meaningful conclusions, thereby helping companies gain an upper edge and maintain competitive advantage. A fruitful career in data analytics has tremendous opportunities, and apart from the perks, the industry offers high salaries. And as with most in-demand jobs, the salaries are competitive amongst organizations to get their hands on the best pool of candidates. Candidates can expect to make six-figure salaries if they are serious about their careers and choose them wisely. As a result, there is a burgeoning demand for data analysts in healthcare, marketing, retail, insurance, and tech.
Data runs the world today! It’s time to ride the Big Data wave!
Down the line, data analysts will enjoy a comfortable position with high-earning income capacities. However, the trends and analysis of automation and digitization reveal that the requirement for skilled labor will soar. The primary reason for the heightened demand for data analysts is that every company wants to earn profits today. As data plays a vital role in every industry, analysts derive information from this data to maximize profits, thereby increasing the profession’s popularity. As a result, the jobs in data analytics are one of the fastest growing today. The fact that companies that use data for their decision-making are more profitable and productive than their peers is also noteworthy for all those who want to pursue a career in data analytics.
A bright future full of seamless opportunities awaits students who want to pursue MBA data analytics courses and master the art of playing with data. Both nationally and internationally, there is an abundance of jobs that require the skills and expertise of data analytics. We now live in a data-driven world, where the volume of information and data at our exposal is growing exponentially and will continue to do so. These well-paid jobs offer job security that will only multiply in the future.
MBA in Data Analytics Course Details
The Data Analysis program by Prestige University helps you gain the knowledge you need to turn your future organization’s data into a tactical asset to generate business value. It covers the in-demand concepts around data analytics, such as statistical analysis, data visualization, predictive analytics, prescriptive analytics, machine learning, neural networks, and more. It helps you make data-driven strategic decisions for your organization, enabling business growth and staying ahead of peers. Besides, the course also helps develop a data mindset and the analytical skills to interpret and communicate data to solve business problems. Students can leverage this data analysis course to demystify data analysis and equip themselves with the required skills for strategic decision-making.
- Learn data analytics and its wide applications
- State-of-the-art curriculum designed and delivered by Prestige faculty
- Real-world data analytics applications
- Live online masterclasses delivered by instructors
- Practical exposure through hands-on projects
- Specially designed case-based learning for future managers and executives
- Industry insights through masterclasses by specialists from the corporate world
- Interactive doubt-clearing sessions to ensure clarity of concepts
Data Analytics – Your ladder to success
Data generated by humans and machines has witnessed exponential growth in the last few decades, and businesses are no exception to this phenomenon. As a result, organizations are increasingly beginning to tap the hidden knowledge using data analytics and Big Data technologies.
Talking about MBA in Data Analytics course details, this course helps participants to apply analytical concepts to varied aspects of managerial decision-making. It enables them to understand how big data technologies and data mining techniques draw on data-driven decisions. Participants are introduced to contemporary technologies in the Big Data ecosystem along with analytical techniques for performing predictive analytics, sentiment analysis, and market segmentation, among others. They also learn about best practices using open-source programming language and machine learning frameworks. Besides, this course benefits participants interested in a career in data science, analytics, and consulting careers.
The course aims to enhance your prospects by developing your ability to apply the latest thinking to organizational development and change in a competitive global environment. Completing one of the leading MBA Data Analytics courses highlights your potential to have a transformational impact on your organization. Whatever you decide to do, completing your MBA will lay a strong foundation for you to bring about a positive change in any organization and be a change-maker for the added value of a dynamic and innovative organizational ecosystem.