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The internet is revolutionizing businesses upside down and inside out, fundamentally changing how companies operate. E-business management is an evolutionary step in the coming up of the business process redesign movement of the 21st century and the continuing innovation and investment in communication and information systems. As a result, good management teams have started seeing the advantages of looking outside their internal processes to imagine how a “virtual value chain” could increase their sales and decrease expenses, driven by a more competitive global environment.

The exponential increase in Internet users—from a small number in late 1995 to over 100 million today has introduced a new factor and sparked a significant shift in marketing approach. Now that producers no longer need to go via merchants to reach end users directly, the internet offers a new distribution channel. This change in marketing also resulted in the development of entirely new categories of e-businesses, which has raised demand and boosted user numbers, putting pressure on conventional retailers to establish an online presence.

While the full effects of the e-business phenomena are still being felt by many organizations, the internet has created a valuable e-commerce retail arena by offering a flexible and affordable platform to integrate an organization’s value chain virtually. The power equation has evolved from product and service to information and speed of information, and the internet has significantly altered many aspects for individual users. As a result, information and the speed of information have emerged as the primary differentiators in the virtual market, where there is intense rivalry and a wide range of goods and services.

Understanding MBA in E-Business Management

Electronic business management or e-business management combines business processes with the Internet to help organizations achieve their business goals. An e-business manager aims to develop how a company’s ideas and products are presented to customers. As Internet-accessible customers increase, running an e-business plays an increasingly important role in the modern business world.

Managing an e-business requires individuals with web design aptitude and strong verbal and written communication skills. Good problem-solving and investigative skills are also very important in running an e-business. E-business jobs require strong leadership skills, strong sales or marketing skills, and sometimes the ability to speak multiple languages ​​to reach customers in other parts of the world. E-business managers must master digital technology and track internet trends to assess how successful they are in reaching their target group.

Different types of E-Business models

Electronic business or e-business refers to online business processes performed over the Web, Internet, or via intranets, extranets, and other business process-supporting networks. E-business includes a broad range of activities in the field, enhancing commercial processes through frequent communication and collaboration between companies and customers.

• Business to Consumer (B2C): Basic business model, where the consumers can purchase from a business via the internet directly.
• Business to Business (B2B): Here, businesses conduct transactions with each other and gradually move through the supply chain process.
• Consumer to Business (C2B): The customers are responsible for creating demand for certain goods and services and giving business to the companies.
• Consumer to Consumer (C2C): The buyers and sellers are consumers. Platforms such as eBay are great examples of this model, where business is facilitated through a third party.

The internet is changing the way companies operate. It permeates management-oriented business practices, buying and selling goods and services. As a result, organizations are rethinking their business models and redesigning their strategies.

A few examples of E-Business

IBM was one of the first to use E-Business terminology back in October 1997 to address the confusion its consumers had with an internet-based business. Since then, they have worked on their E-business model, captured its benefits, and were successfully able to triple their income nearly.

Taxi service Uber is another such example. The company utilized an E-Business opportunity and broadened its vertical by entering into food ordering and delivery services under the UberEats name.

Most travel sites such as Booking.com or Trip Advisor use consumer data to give a personalized itinerary concerning price and location based on multiple factors such as ratings, prior experiences, travel history, etc.

What does MBA E-Business Management comprise?

Any traditional company looking to transform, like all e-businesses today, digitally needs people with the skills and expertise to match the needs of the Online businesses that are revolutionizing retail, and demand for digitally skilled workers is growing exponentially. E-business remains booming, with increased sales and revenues remaining intact during Covid-19 uncertainty, a good sign for this profession and job security. E-business salaries vary; entry-level candidates can earn up to 7.35 LPA. After gaining some experience, you can earn up to 11.35 LPA; after being in the game for good, you can earn up to 38 LPA.

An MBA in E-Business Management will give you knowledge of internet business models, all things e-commerce, an understanding of customer relationship management, and all the skills you need to do business online. Doors open to multiple areas such as Product Management, Digital Marketing, Project Management, and Analyst Firms.

E-Business Career Outcomes

Almost all successful companies today use e-business and e-commerce to achieve their goals. There are many opportunities for this in various industries. From social media marketing to online sales, we rely increasingly on the Internet to conduct our business, so we may need someone who understands e-business.

Whether you want to understand e-commerce better to complement your current business skills or start your own online business, an MBA in e-business management will give you a deeper understanding of internet marketing and prepare you to sell. The primary objective of an MBA in E-Business Management is to introduce graduate and undergraduate students to the concepts, tools, and approaches of e-business. Additionally, this subject can help students develop the skills to run a business in the digital world.

E-business management consists of implementing communication technology to carry out business activities. This is a shift in traditional business concepts based on Internet access to markets and resources in a connected, globalized world. This new approach encompasses all economic activities on the Internet, such as selling products or providing services.

The Master’s Degree in e-Business is aimed at digital enthusiasts who want to expand their skills and become high-level executives in management, marketing, communications, and advancement in highly technological environments. In addition, future students should have an entrepreneurial spirit and wish to optimize the design, configuration, and integration of related processes. Therefore, a set of elements of a virtual business project, both in the field of management and administration and in the field of technology, is needed. The program has three purposes: acquiring management skills in the digital sector, using all digital means to generate economic activity in the digital sector, and achieving high positions in the digital sector.

As organizations increasingly leverage new Internet technologies, e-business professionals must thoroughly understand this. The program is designed to give participants a 360-degree view of e-business management, covering digital marketing, standard business models, customer acquisition, tools and techniques, ongoing e-commerce operations, emerging and global trends, and applicable legal and regulatory frameworks. Specialists who have completed the program are already qualified to work in the Indian and overseas markets. Graduates can also work in large corporations or private sector small businesses, corporate and consulting firms, various offices and ministries, or even private sector management positions.

MBA in E-Business from Prestige University: The way forward

With the exponential growth of e-business activity worldwide, there is a tremendous demand for e-business professionals who can offer specific knowledge and skills. As a result, E-business is an ever-growing area of ​​opportunity, and Prestige University offers this Master’s Degree to help you focus on specific areas of interest and specialization. Prestige University’s MBA program in E-Business Management is designed for aspirants who want to work effectively in an e-business environment and manage or lead the transformation of existing business processes or the creation of new e-business activities. This program provides techniques for guiding the strategic development of e-business-based organizations and appropriate e-business technologies. As a student, you will develop the skills and knowledge to assess, manage, and improve an organization’s operational functions and apply system integration concepts through market analysis to the design and development of products and services.

This program is intended for those who want to work effectively in an e-business environment and manage the transformation of existing business processes or create new e-business activities. Suitable for a wide range of natural, engineering, and business graduates, as well as graduates with IT qualifications, characteristics of E-Business that deliver digital transformation include agile methodologies, value stream mapping, change management, and stakeholder buy-in. Under product and revenue management, capabilities include consumer behavior and engagement models, technology and consumer interfaces, understanding market economies and value drivers, and differentiated user-centric products and experiences.

Whether you want to start your own online business or learn about e-commerce, Prestige University’s E-Business Management program can prepare you to acquire the skills and industry knowledge you need to process online transactions. Advance your current role or improve your small business performance on your schedule. It can prepare you to understand Internet business models and e-commerce, customer relationship management, website project management, and other fundamental fundamentals. By the end of this program, you will have the right combination of technical knowledge and management know-how to become a successful leader in planning and managing complex IT and technology-based projects.

The MBA in E-Business Management has a six-semester, industry-relevant curriculum at Prestige University. It provides intensive practical experience through internships and thesis projects. They are designed to help students design end-to-end technology product strategies, find and create turnkey solutions, and ultimately build future-ready organizations.

Graduates recognize and sustain innovation and business opportunities in the electronic environment, information and e-business processes, IT applications in social contexts, social challenges, and innovative solutions for the rapidly changing e-business environment. As a result, you can manage and create possible e-business environments and a sustainable competitive advantage.

MBA in Supply Chain is a growing education program popular for students interested in becoming leaders and managers for a company’s supply chain and logistics processes. Specialized education in Supply Chain confers multiple benefits. This field of study is one of the fastest growing sectors in business, and therefore, students who graduate with an MBA in Supply Chain Management have smooth sailing in finding a job.

Supply chain management and global logistics influence every organization, person, and entity. It is one of the fastest-growing and most prominent areas of business that is also witnessing significant levels of innovation in process and technology year after year! Logistics is a crucial success factor for businesses as they continue to rely more and more on supply chains with a global footprint. If done well, logistics can have a beneficial effect on the performance of the company. On the other hand, if done correctly, logistics can directly increase speed and reduce cost.

There will always be a need for supply chain talent as long as products are produced in one location and purchased in another, especially as globalization becomes the norm for every industry. In addition, many supply chain executives are essential members of senior management and boardroom teams because of the value of this discipline to the bottom line.

As the recent global disruptions in supply chains have showcased clearly, the increasingly globalized world has done the job of supply chain managers considerably vital and more complex. An MBA in Logistics & Supply Chain Management elucidates the operational and strategic role played by logistics and supply chain in the business environment, with a focus on global logistics system as it relates to sourcing, production, operations management, materials management, storage, warehousing, and distribution or last-mile delivery operations.

To sustain and improve their competitive advantage, businesses increasingly rely on and work with downstream and upstream channel partners in the value chain to render products and services that satisfy their customers’ preferences and needs. Therefore, whether you aspire to become an entrepreneur or work in a corporate setup, you must know how a supply chain operates. An MBA in Supply Chain Management program is meant for entrepreneurs and professionals looking forward to mid or senior management roles in e-commerce, logistics, manufacturing, shipping, warehousing, aviation, consulting, research, and other related industries within India and globally.

An overview of MBA in Supply Chain Management

When you think of Supply Chain Management, you usually envision companies like Amazon, FedEx, or Safexpress. Undoubtedly they account for a large percentage of this industry. But today, any organization that aims to streamline its processes and increase efficiency wants to keep supply chain professionals in their teams.

Managing the flow of goods and services, including transforming raw materials into final goods, is termed supply chain management. It helps cut companies’ high costs and deliver products to consumers efficiently. Supply Chain Management comprises five critical elements: sourcing raw materials, production, distribution, and returns.

Unknowingly, supply chains have existed for ages but have only garnered attention recently as companies have started recognizing them as value adds to their operations. However, it is an important part and parcel of businesses nowadays as it successfully has achieved business objectives showing visible results. For example, supply chain processes help improve product quality, which minimizes the risk of product recalls and sometimes saves the companies from lawsuits, thereby aiding in maintaining the brand name. It also helps with controlling shipping procedures. As a result, the company can save on stock charges and avoid oversupply or shortages.

The requirements for an MBA in Supply Chain Management are like any other MBA program. To qualify, you must appear for an entrance exam, garner valid test scores with a letter of recommendation, and have an updated resume. Some B-Schools also prefer to have test scores, a group discussion, and a personal interview to select a candidate.

What an MBA in Supply Chain Management comprises?

Undertaking an MBA in Supply Chain Management to get a sustainable superior customer experience that is efficient and cost-optimized, you will design complex supply chains, learn integrating technologies, develop managerial and technical capacity and equip for evolving channel models. With a degree in Supply Chain Management, you will learn the following skills:

• Auditing and Quality Management
• Transportation and Logistics Management
• Problem-Solving
• Effective Communication
• Leadership
• Business Modelling and Forecasting
• Project and Operations Management
• Purchasing and Inventory Management

For any right person, an inclination towards Supply Chain can be an excellent opportunity to enhance and work upon what interests you, along with being an incredible career option. To beat the crowd, you need to have a degree from a reputed institute, post which you can see the direct impact of your contributions in a stable yet well-played field. The market for professionals in Supply Chain is fast growing. Is a master’s degree in Supply Chain Management worth it? The simple answer is Yes! Previously a candidate without much education and degree was also considered for such positions. Still, with the ever-increasing demands of jobs, educational qualification has become the need of the hour. From a technical and analytical point of view, the degree is worth it in today’s business scenario.

If you are ready to take the plunge in pursuing an MBA in Supply Chain Management, an MBA degree will equip you with cutting-edge technologies and some critical thinking skills that will pave the way to success ahead. So buckle up and be ahead in this fast-paced and dynamic field with an MBA degree.

At Prestige University, an MBA in Supply Chain & Logistics Management is an industry-relevant course with an extensive curriculum offering internships and capstone projects that equips an individual to design supply chains for superior customer experience, help innovate business solutions to build complex supply chains, and deploy innovative tech-based supply chain solutions. In addition, you can build domain expertise during the last two terms by choosing from any specialization tracks, such as Procurement and Sourcing, Process Excellence and Supply Chain Planning, and Warehousing and Logistics.

After this program, you will be able to:

• Understand the fundamental supply chain management concepts
• Apply valuable skills to evaluate and manage an effective supply chain
• Learn to evaluate the effectiveness of emerging technologies in logistics and project management
• Recognize the fundamental role of logistics as it relates to transportation and warehousing
• Learn how to align supply chain management with corporate goals and strategies
• Learn techniques for project planning, cost reduction, and optimization
• Apply real-world expertise in a variety of areas, including purchasing, materials management, supply-chain management, transportation, customs regulations, international trade, and information technology
• Demonstrate strategic planning and analytical abilities in Logistics & Supply Chain management concerns

An MBA in Supply Chain Management is worth it for several reasons

According to the Indian Logistics Industry Outlook 2020, the Logistics sector is supposed to grow by $350 billion by 2025.

• First, the field of supply chain management is in high demand. The global economy continues to boom, and so does the need the effective supply chain management. Professionals with an MBA in Supply Chain Management have the requisite knowledge and skills to identify and implement solutions that can save companies millions of rupees.
• Second, an MBA in Supply Chain Management provides a strong foundation in business. This broad-based education equips graduates with a comprehensive understanding of how businesses operate. This knowledge is valuable for anyone looking to advance their career.
• Third, an MBA in Supply Chain Management offers many career opportunities. Graduates can work in various roles, including logistics, procurement, production planning, and inventory management. They can work in manufacturing, retail, pharma, oil & gas, and healthcare industries. They can also work in different organizations, including large multinational corporations, small and medium-sized enterprises, and government agencies. A Supply Chain Management degree entails many job positions, such as working as an Industry Analyst, Project Manager, Transportation Director, Supply Chain Sales & Marketing, Supply Chain Consultant, Transportation Director, Material Manager, Demand Planner, and Procurement Analyst/ Purchasing Manager.
• Fourth, an MBA in Supply Chain Management can lead to higher earnings. According to a study by PayScale, the average salary for an MBA in Supply Chain Management is around INR 10-12 lakhs per year. This is significantly higher than the median salary for all MBA graduates, which is around INR 8-9 lakhs per year.

In addition to these points, the Indian government has also been focusing on infrastructure development, which has increased the demand for supply chain professionals. There are also many opportunities to work in the e-commerce and retail sector, which are rapidly growing in India. The ‘Make in India’ initiative, which aims to increase the manufacturing sector in the country, also requires professionals with skills in supply chain management to succeed. So, hone your managerial and administrative skills and couple them with a solid global logistics understanding with an MBA in Supply Chain Management from Prestige University.

An MBA is one of the most desired postgraduate study programs pursued by students nationwide and globally. Whether you work in finance, technology, healthcare, operations, business analytics, marketing, or manufacturing, an MBA degree opens up several opportunities that lead to greater responsibility, improved communication, decision-making, leadership abilities, career advancement, and increased rewards. Doing an MBA is an investment in your future. If you are keen on taking on a leadership role and grasping better-earning opportunities to climb the corporate ranks, enrolling for an MBA degree is a promising path. The benefits of an MBA program rely heavily on the abilities necessary to take on high-level corporate strategic decisions and inspire others to perform their best. 

The skills featured in an MBA program include understanding management principles and developing excellent managerial capabilities that will equip you for any lucrative job you may encounter as your career advances. An MBA from a top B-school helps you quickly switch from a mid-level role to a senior managerial role, where you are presented with diverse opportunities to make strategic decisions. An MBA is preferred, though not mandatory, for most job descriptions of senior positions across industries. Once you acquire an MBA degree, you begin to embrace challenges that come your way, and you start appreciating and welcoming possible changes. You get to expand your specialized business skills, which enables you to be better prepared for your role as a manager in the global business world. An MBA degree helps you become agile, future-oriented, and progressive and preps you for broader business developments such as globalization and economic or financial crises.

An MBA requires commitment, perseverance, time, and dedication to qualify. Once you gain knowledge and start putting it into practice, it creates a sense of accomplishment, boosting your confidence as you navigate this competitive professional world. In unprecedented times like these, you will be confident and boost your career credibility to overcome any professional challenge by applying the knowledge and skills you’ve garnered through an MBA. It reveals to potential employers that you have a rich and varied understanding of the business world. In other words, it exhibits your comprehension of the challenges plagued by modern organizations and your ability to mitigate risks by making the most efficient decisions for the organization. With credibility for your career also comes increased confidence that you possess the necessary skills employers are looking for and the ability to market yourself accordingly. Gaining additional knowledge and self-awareness enables you to confidently take on new challenges and responsibilities in classwork and outside the professional sphere. These opportunities will further earn you experience and expertise in a self-reinforcing cycle.

What benefits does an MBA offer?

If you are considering working your way up the corporate echelons and want to learn and hone your skill set, it is the opportune time to enter an MBA program. However, if you are still wondering does an MBA make a difference, this blog will help you decipher the top 6 reasons and the attached career benefits of doing an MBA that will help you make the coveted decision about whether to earn an MBA or not.

1. Opens up new job opportunities for you

Once you acquire your MBA, your number of jobs increases significantly. Human resource management, accounts, statistics, finance, technology, and economics are the only required fields in an MBA program. All these areas qualify an MBA degree holder to work in diverse industries. The advantages of an MBA degree entail applying for positions at a higher level and expanding your professional options.

To move up the chart and get ahead in this performance-oriented professional world successfully, a specific qualification of an MBA degree will help a great deal. You will explore the latest business trends and practices, apply the most naïve management tools and techniques, and better position yourself to improve the business, teams, and organization that you are associated with. Unfortunately, global companies, including household names such as Google, Pepsi, Microsoft, Amazon, Facebook, and Netflix, often hire business school students. Unfortunately, this trend hasn’t changed drastically in the hard-hit pandemic economy.

2. Gives rise to new career paths

Shifting gears and opting for a new career path can sometimes be daunting, mainly if you have worked in a similar industry for years. However, gaining new skills could be the catalyst that can ignite and kick-start your professional journey from one career to the other. Even if your background is not relevant to the positions you are considering, the benefits of doing an MBA extend beyond getting the requisite education needed to help you become a more qualified candidate in today’s fast-paced world. Further, adding to the number of graduate degrees you already possess, an MBA degree does increase the value of your resume, and you can gain the multiple benefits of your hard work and commitment once you earn your degree.

3. Improves your professional skills

One of the significant advantages of doing an MBA is that it confers improved theoretical and practical knowledge of business operations. And a critical component of business success today is having a complement of “soft skills,” such as communication, leadership, business analysis, and teamwork. So whether it’s a promotion you desire or a new venture you are eyeing, having these skills could just be that thin line of difference between success and failure.

Modern MBA programs increasingly stress fostering a student’s personality, soft skills, and communication, allowing them to develop into outstanding advisors ready to take on the world with a fresh perspective on life and the business world. These qualities have emerged as the core skills in recent years, key in managing increasingly complex business and workplace realities. Companies increasingly prefer MBA graduates better positioned to work in a strategic thinking environment. These candidates are more likely to hold top managerial positions owing to their better understanding of the business environment and ability to operate efficiently in a global market.

4. Renders greater job security

Today’s job market is more volatile than ever, leaving many unsettled and afraid of being left behind. A more marketable skill set and increased job stability are just two of the many advantages of an MBA, which may add to your peace of mind. You will be a valuable part of any team thanks to the abilities you acquire as part of an MBA program. Your business credentials will follow you even if you leave your employment, increasing the likelihood that you’ll get back to work more quickly.

Earning an MBA can be a crucial step on an advanced career path that leads to high-level opportunities. This earning potential comes with those positions of authority and leadership and a greater security level in those much-coveted jobs. Besides, an MBA from a prestigious University also broadens your business acumen and aids in your comprehension of the complexities of conducting business nationally and internationally. Selecting an MBA program that attracts students from across the world increases variety in the classroom and makes the conversations more interesting.

5. Expands your professional network

A robust professional network is touted to be one of the most critical yet undervalued assets you can possess in business. Attending business school helps you develop a solid professional network, enabling you to access many job opportunities. In addition, it may come in handy later down the line if you decide to establish your own business. You get to learn invaluable skills essential to succeed in your chosen career from the correct MBA program and have the opportunity to collaborate and build your business circle with a diverse mix of people and establish a long-term network. Unlike specialist courses focusing on one niche, the advantages of an MBA are multi-faceted and focus on a diversified curriculum.

People committed to a specific vocation or industry may benefit from specialized MBA programs, like E-Business, Food & Agribusiness Management, Data Analytics, and Logistics & Supply Chain Management, that have merit and should not be discounted. Even in a general MBA program, you learn various skills that apply to practically any industry or job function, which may be crucial if you’re thinking about changing careers. Pursuing an MBA from a reputed B-school allows you to network and connect with intelligent, talented, and experienced people who can hold top strategic positions in major companies or become great business leaders someday. The credibility of your career will increase as you stand out from the rest. It will increase even further as you are confident in creatively and efficiently handling risks.

In the MBA program at Prestige University, you will collaborate with like-minded students and get your hands on plenty of networking opportunities to meet other professionals. You also foster meaningful connections with several people who can foster a deeper understanding of the business world.

6. Makes you a respected member of the business community

An MBA commands respect from peers and others in your professional community. While the specialization you decide to pursue eventually carries a lot of weight, your enhanced skills ultimately set you apart. Whether you’re launching a new product, reorganizing a department, or starting your own business, do it confidently. Executive Recruiters seek individuals who can lead companies and departments through strategic challenges while providing vision and clarity. Even if you are successful in your current career, you can still benefit from completing an MBA program. An MBA opens up myriad new opportunities, enabling you to seek a promotion, shift careers, or fulfill your entrepreneurial ambitions. After earning your MBA, you connect to an alum network with shared experiences. Then, after you graduate and march forward in your career, this batch of former students can help you discover new opportunities.

 

Prestige University provides you with a firm footing in the business world. It allows you to learn how to make business decisions, maximize production and create effective strategies for your potential employer. In this 2-year Master in Management course, you gain qualifications in management with a scientific and practical orientation and learn the different analysis tools and techniques to tackle complex business problems. In addition, it allows you to focus on your choice of specialization, from Data Analytics & Business Intelligence, E-Business, logistics, and & Supply Chain to Food & Agribusiness and Sustainability Management.

Prestige University offers an ideal opportunity for students seeking an MBA. As one of the most sought-after universities in Central India, Prestige has consistently produced graduates with top skills that employers are looking for. Designed for graduates and working professionals alike, it allows you to engage in interactive networking sessions with your program peers and industry stalwarts for a more immersive learning experience. In addition, the University offers best-in-class content by leading faculty and professionals in the form of videos, case studies, and projects, along with the flexibility to choose a single track or a combination of specializations that allow you to have exposure in inter-related business fields.

If that doesn’t sound convincing enough for you to consider enrolling in the program, Prestige University offers:

• Rigorous and innovative curriculum from leading universities across India and abroad
• Networking opportunities with 2,000+ alums and leading industry experts
• The study material aids professionals in refining their discernment in making confident and potent decisions in uncertainty and risk.
• International learning environment
• Focus on interdisciplinary, solution-oriented learning approaches
• Enhanced experience through industry visits, site visits, and community involvement
• Robust corporate interface through internships, mentoring, lectures, and more
• Industry-oriented curriculum
• Wide range of specialized electives

 

Are you looking to advance your career to the next level? An MBA is one of the most demanded postgraduate degree programs in India. More than 5,00,000 students enroll in MBA programs in India each year, which is increasing yearly. An MBA from a reputed university can open up opportunities and take your career up several notches. You can choose one of the best value MBA programs in India from the several specializations available.

If you can decide on the right specialization early on, it will help you gain a competitive edge and garner added benefits over the years. Traditionally, finance, sales & marketing, HR, operations, and entrepreneurship have been some of the most sought-after MBA programs in India and are considered the safest by many students. However, as time passes, business needs have evolved drastically, especially in the post-COVID era. As a result, greater emphasis is being placed on MBA programs such as digital marketing, agri-business, business analytics, risk management, sustainability management, rural health, e-business, etc.

In today’s job market, the supply-demand gap of trained professionals is either unaddressed or wrongly approached. With faster-than-ever evolving technologies and the ensuing change in consumption trends, we need new-age trained professionals to re-configure business processes. To address this transformation, even the global higher education trendline is moving from general to specialized programs. There is no wonder that with an MBA degree, you are poised to accomplish a lot in life that may not otherwise be possible with any ordinary degree. And while there are industry specializations for nearly every field, it also makes it an overwhelming decision to choose the right one out of many. Each has its merits, and you can have a hard time deciding, but you need to boil down to the one best suited to your interests and skills while keeping in mind the career prospects for the future. To fuel growth and fulfill your dreams, doing just any MBA program may no longer suffice.

Best Value MBA Programs in India Today

While traditional two-year MBA courses are top-rated, short-term executive PGDM courses have recently gained traction because they expose you to real-life business situations and help you leverage business networking opportunities. In addition, colleges are increasingly providing varied specializations that prepare students to harness particular skills in the niche they are most keen towards. For example, Prestige University helps you develop a strong business foundation before dwelling into the best value MBA programs for strategy, from Business Analysis, Logistics and Supply Chain Management to Data Analytics, AgriBusiness, E-Business, and Sustainability Management.

With the constantly changing technology, multiple companies are constantly looking for talented professionals from top-ranked MBA colleges. To ensure you’re aware of your options before you make the coveted decision, we have prepared a list of the most in-demand MBA programs in India you can consider choosing in 2022-23.

1. MBA in Data Analytics & Business Intelligence

As we continue with the growth of the digital revolution, more and more traditional methods of analyzing data are evolving. From big companies like Apple, Starbucks, and Nike to the supermarket near you, everyone is harnessing the power of data in one way or the other, leading to a rise in the demand for data analyst professionals, which will continue to advance at a burgeoning pace. Business Intelligence professionals provide data-driven recommendations to help support and bridge the gap between information technology and business. Both these professions require a strong understanding of data, statistics, maths, and computer science. Those interested in augmenting their understanding of this challenging field should opt for this specialization. The program covers data infrastructure, testing, data visualization, data science, machine learning, big data, artificial intelligence, and decision-making through interactive case studies, independent assignments, group work, and lectures around real-life business problems.

2. MBA in Sustainability Management

Businesses have evolved from society and hence cannot be distinguished from it. The need for Sustainable managers has grown steadily over the last decade, elevating environmental concerns and stringent government policies. However, there is a shortage of managers who can actively support an organization’s long-term goals and resilience through cost savings and lowered risks. To home and creative professionals who can work on today’s complex challenges, embedding sustainability in an organization’s different functions and verticals from all perspectives: economic, social, and environmental, has become paramount. Hence, an MBA in Sustainability Management helps equip students with the intellect to nurture in a resource-sensitive world amid scaling competition and concern for sustainable development. This top-ranked program covers fundamental sustainability concepts, climate change, sustainability reporting, corporate social responsibility, strategies for sustainable business, natural ecosystems, community living, and accounting for sustainability. These help students recognize and appreciate the varied challenges, needs, and ways of addressing the long-term viability of businesses through proper management and optimization of resources without compromising on long-term profitability and competitiveness.

3. MBA in Logistics & Supply Chain

The logistics and supply chain industry has garnered a lot of popularity in recent years. Supply chain management is a cross-functional activity of an organization that requires a broad understanding of business strategy and relationship management in supply networks. Logistics and Supply Chain Management is one of the core pillars of a business, and an MBA specialization in this field is an ideal choice for students who want to run a business efficiently and profitably. It is one of the most sought-after MBA programs in India that produce professionals who form the backbone of an organization’s day-to-day operations. These professionals are instrumental in rendering quality products/services on schedule and at an optimum cost.

With global resilient supply chains becoming an essential part of today’s business, extracting competitiveness and increasing sustainability for an organization from its supply networks calls for particular skills, competencies, and special tools for exploring and managing global supply networks. In this program, students study supply strategies, global sourcing challenges, and the development of purchasing and supply chains. In addition, students are exposed to the different elements of supply strategies and factors of interaction in supply networks. The MBA degree in Logistics and Supply Chain Management from Prestige University provides expertise in strategic supply and supplier management and corresponds to the growing needs of today’s changing business.

4. MBA in Food & Agribusiness

A career in Food & Agribusiness opens doors to a wide range of industries, including, but not limited to, farming, retail marketing, consulting, real estate, and food processing. It encompasses a significant number of lucrative careers nationally as well as internationally. It is ideal for candidates with a background in agriculture, food engineering/technology, and Agri engineering and a graduate in agriculture science or biotechnology. Those keen on agriculture and allied businesses can also pursue this MBA specialization for working professionals in India with promising and high growth prospects. Students enrolled in this program take an integrative approach to different business disciplines and functions of agribusiness and analyze and solve complex business problems in agribusiness.

5. MBA in E-Business

It can be rightly said that online business has revolutionized the global retail industry today. Owing to this, E-Businesses and contemporary businesses undergoing digital transformations need talent with specialized skills. The demand for digitally skilled non-core IT professionals in India is projected to rise by 1.5 lakh in the next two years. E-Business has been booming despite the Covid-19 uncertainties, with sales and revenue growing manifold. This specialization aims to provide students with extensive knowledge about the differences between carrying out business in a traditional set-up and e-commerce. This helps them amplify their ability to strategically manage online business activities while taking care of the common pitfalls of the industry. Students also develop skills to critically evaluate online business decisions’ consequences from a responsible perspective. As a result, they develop a profound understanding of discipline-specific responsibility issues.

Take the Plunge into Your Managerial Career with Prestige University’s MBA

Regardless of which one of the MBA programs you choose, pursuing an MBA can significantly enhance the success of your career. However, it’s crucial to ensure that you’re completing the program from a top-ranked and reputed college to reap the maximum benefits. At Prestige University, we are dedicated to providing students with the most recent in-demand skills in close collaboration with the leading corporates and top business schools worldwide. Furthermore, we aim to offer super specialization programs to fill the evident supply-demand gaps. Best MBA programs for leadership fill the demand-supply gap of trained professionals capable of transforming business processes by adapting ever-evolving technologies & consumer preferences.

The MBA programs offered by the university aim to provide widespread access to management education. It provides adequate study materials, video lectures, sufficient doubt-clearing sessions, and regular assessments. As a result, the university is one of the finest management hubs in Central India today, offering industry-relevant and immersive business education for the driven and determined- changemakers who meet unprecedented challenges with unparalleled grit, vision, and accountability.

• Dynamic Partnerships: Prestige University connects passionate students, expert faculty, and leading organizations to drive innovation and ignite the potential in all by offering diverse perspectives that lead to comprehensive solutions that neither academic nor industry could accomplish in isolation. Prestige University’s partnerships with leading organizations drive innovation, provide thought leadership and infuse academics with the latest insights gained through real-world experience.
• Real-world learning: Experiential learning is at the core of everything at Prestige University, providing students with robust knowledge and influential networks gained in real-world business environments. There is access to various learning opportunities beyond the classroom to gain deep insights, broad perspectives, and the essential soft skills needed to succeed in business and life.
• Research-driven solutions: Faculty at Prestige University design game-changing solutions for business and beyond.
• Experienced faculty: Prestige’s faculty are experienced in several vital areas, spanning leadership for business, business analytics with data science, e-business, and more. They serve as experienced mentors to support graduates’ growth as business leaders.
• Stay up-to-date: From business analytics to change leadership and industry specializations, Prestige’s best value MBA programs allow students to stay up-to-date with best practices and emerging technologies. In addition, it offers diverse options for entrepreneurs who want to advance their businesses and gain real-world skills.

 

The adage goes, “The manager works the produce, and the farmer works the soil.”

Food and Agribusiness is a highly specialized sector that has grown through leaps and bounds in the last few years. With the country’s escalating population, food processing tools and techniques in agriculture production have picked up the pace, and this trend is slated to continue in the years to come. Food and agribusiness is an important industry that affects everyone and is also considered vital economic driver. India’s economy primarily depends on the food and agricultural sectors. Since agriculture makes up a large portion of India’s GDP, students would be wise to opt for agribusiness management in India.

Food and agribusiness education has gained traction and is getting due attention in recent years. It is thus an opportune time to explore and grab opportunities in various fields, including MBA in Food & Agribusiness Management, Food Marketing Economics, Food Technology & Processing, and Post-Harvest Management, among others. As part of these programs, students are prepared for various vocations, including those in the food and fiber sectors, education, agro-business groups, research centers, and retail food businesses.

What is an MBA in Food & Agribusiness Management?

The term agribusiness combines agriculture with business and covers research, development, and training on the food spectrum of production, safety, and security. In addition, it engulfs the impact of various food on cultures, the environment, and the economy. MBA in Food & Agribusiness Management includes crop production, distribution, seed supply, farm machinery, fruit production, breeding, agriculture, retail, sales, and marketing. This field also explains the relationship between demand and supply of different agricultural production yields and food consumption along with food and non-food agro-processing industries thriving today.

Why Agribusiness Management?

While the fundamentals of doing any MBA will remain the same, what makes Food and Agribusiness management a unique and worthwhile specialization is its immense growth potential. Agriculture and allied sectors like forestry, horticulture, and fishing account for 13.9% of the GDP and continue to be the linchpin of the Indian economy. As the industry gains momentum, so will your career trajectory. Hence entering this industry early will give you some of the best opportunities that will dictate the terms for a bright and secure future. 

The other benefit is Food and Agribusiness is a specialized concentration that is still unknown by many; hence the industry has a shortage of professionals, making it the right time to get an MBA degree in the field. This is an industry where, with timely growth, the numbers are sure to improve only in terms of salary and other benefits. 

The industry comes with its challenges and problems. As a trained professional, your problem-solving skills are put to great use. However, even the challenges faced daily in and out of a food and agribusiness unit are unique. Hence this plays a role in helping you realize your true potential.

What is the Scope of an MBA in Food & Agribusiness Management?

Agribusiness is the new future, a multi-disciplinary field that gives ample opportunities in sales, management, research, production, etc. A qualified workforce is required to enter this unorganized sector and take over, making this sector unique and worth studying. According to the US Bureau of Labor Statistics, projected agriculture and food scientists’ jobs are expected to grow 9% between 2020-2030*.

An MBA in Food & Agribusiness Management is an extensively tailored program that forms a strong base and foundation to enter the industry well-acquainted. It is increasing and poses numerous career options. The MBA in Agri-Business Management Scope is not only limited to India but also has its wings spread with opportunities in other parts of Asia and Africa. With the population rising, the scope is brighter than ever and will not likely diminish soon. With digitalization and industrialization spanning the country, traditional means of farming, processing, and other agriculture practices, will soon be replaced by modern and electronic means. As a result, the industry will need skilled and professionally trained food and agribusiness executives to take care of the various operational and management roles in the field.

What are the Objectives of Agribusiness?

Unlike most other Post Graduation programs, MBA in Food & Agribusiness Management will not only prepare you to be a mid-level manager or a team leader, but it will also go beyond. It will help those who want to develop a successful career in the field with associated opportunities in agriculture, land management, input supply, commodity assembly, and allied sectors.

The focus of this program at Prestige University aims to give interested students exposure to both micro and macro environmental factors, along with equipping them with current trends, technologies, and market tools. An MBA in Agribusiness will help you assess the market imperfections, find fixes, and ultimately develop competencies to cope with the complexity and dynamism faced in today’s agriculture market. Regular guest lectures and workshops led by industry experts, hands-on internships, and a cross-disciplinary approach to management and agrifood science will bring together high-achieving students from diverse academic backgrounds.

What is the Eligibility for an MBA in Food & Agribusiness Management?

To be eligible for this MBA program, you need to have a bachelor’s degree with a minimum score of 55% in any discipline from a renowned university. You can also have a bachelor’s degree in agriculture, Forestry, Fishery, Horticulture, Food Technology, Plant Sciences, Biotechnology, etc. Suppose you plan to opt for specialized courses, for example, Commodity Management. In that particular case, you also need a Bachelor’s Degree with 55% marks or equivalent in Agriculture Science, Economics, Food Science, or Horticulture.

If you are more inclined towards a specialization in Horticulture or Farm Management, you need to have a Bachelor’s Degree with 55% marks or equivalent in Forestry, Botany, and Agriculture. For admission, you must brace yourself for national-level competitive exams, such as CAT, MAT, CMAT, etc.  The final evaluation also depends on specific personal assessments such as interviews, group discussions, case study analyses, etc.

What is the Syllabus for an MBA in Food & Agribusiness Management?

As part of the program, you will thoroughly understand the foundational principles of food and agribusiness management. Along with the core MBA courses such as Managerial Accounting, Financial and Human Resource Management, Marketing Practices, Business Ethics, and Leadership, etc., you have specific optional concentrations such as:

• Food Retail Management,
• Dairy Products and Management,
• Agri- Supply Chain and Logistics,
• Poultry Management,
• Animal Health Management,
• Commodity Management,
• Irrigation and Farm Machinery Management,
• Food Value Chain & Performance
• Supply Chain in Agriculture
• B2C Food Marketing
• Agribusiness, Strategy & Leadership, and
• Food Innovation & Design Thinking

What Are the Career Options in Agribusiness Management?

The agriculture sector has seen remarkable growth in the last few years, with several government and private sector initiatives mushrooming. This, along with the evolving global norms such as the WTO rulings and enhanced global competitiveness, calls for a dire need for professional programs in Agribusiness Management, making it one of the most exciting and challenging sectors in 2023, either as a professional or entrepreneur. Food and agribusiness jobs are thus a possible solution to this growing need for professionals who can participate, contribute to and engineer the agribusiness revolution. Undertaking an Agribusiness management education, you can expect to have doors opened to a lot of opportunities. A few of them are:

• Agricultural Economist
• Field Officer
• Farm Manager
• Product Manager
• Nutrition division manager
• Market researcher
• Commodity consultant
• Sales and Marketing Coordinator
• Risk Analyst
• Agricultural Manager

The insights and experience you gain from leading global agribusinesses throughout the program at Prestige University will qualify you for a range of positions and industries, and several government jobs, such as:

• Research Associate
• Farm Technician
• Agriculture Field Officer
• Research Scientist

The fields span across a wide range as well; you can expect to be placed under the following fields post an MBA in Food & Agribusiness Management:

• Food processing companies
• Rural banking business
• Dairy products manufacturer
• Import-export firms
• Agribusiness financing or trading companies
• Farming technology companies
• Fertilizer and crop protection companies

What is the Salary for an MBA in Food & Agribusiness Management in India?

The pay scale depends on many factors; it matters the university from where you choose to study, the experience in terms of practical exposure through projects and internships, the area of specialization you choose, etc. It draws on the strength of food and agriculture to provide an experience that elevates students’ career potential in an industry that affects every human being. While an Agribusiness Manager can earn between 5-10 Lac per annum, this also varies in terms of the industry and job title. The average salary one can expect nearly around 5.5 lac per annum.

What is the Learning Outcome of a Post Graduate program in Agribusiness?

The Agribusiness program will not only help you build solid managerial foundations such as critical decision-making, teamwork, corporate communication, etc. but will also be beneficial in imparting an understanding of emerging food and agriculture perspectives, agribusiness supply chain and logistics, rural sector lending, and banking, etc. among others.

At Prestige University, you’ll gain the tools and concepts to design innovative solutions for challenges faced by companies in food and agribusiness. You also learn to oversee all aspects of agribusiness operations and how to market food products. The industry-oriented content, case-based learning, regular practicals, and internship programs are some of the main highlights of the program. This fascinating program brings students from all over the country and focuses on scalability and sustainability.

Prestige University is one of the pioneers in food and agriculture research. You can take advantage of the thriving food and agribusiness environment and develop an understanding of the varied possibilities in the food sector from farm to fork. As a student, you will learn both within the classroom walls from leading faculty and outside it by brainstorming and engaging with the dynamic local ecosystem. With world-class global food and beverage companies and intriguing startups attempting to alter how we grow and consume food, the university provides many prospects to aspirants. In addition, you also get to explore and liaison with a wide range of companies that directly impact the landscape of food and agribusiness.

Prestige University also provides unique opportunities for students of MBA in Food & Agribusiness Management not just to acquaint themselves with the business of food but also to build connections with their research peers in the field. So whether you’re looking to advance your career or pivot to new opportunities, this program can help you get there!

 

With an MBA (Master of Business Administration) becoming one of the most demanding and well-recognized master’s programs to attain the necessary business and management skills, every graduate wants to pursue an MBA to give their career the perfect Launchpad. The availability of many different formats lets you choose an MBA that best suits your career and long-term goals. Even if you are debating your career plans of becoming an entrepreneur or looking to join one of the big MNCs, an MBA program can expose you to different forms and sizes. Irrespective of one of the several types of MBA courses you decide to pursue, an overall holistic development with an understanding of modern business trends and techniques can be assured.

An MBA equips and prepares you for an executive career as a business leader. Universities in India and abroad have various MBA programs, such as full-time, part-time, executive, distance, or online MBA courses. In addition, some universities offer only one type of MBA program, while many others provide the option to choose between full-time and part-time MBA programs.

What are the different types of MBA?

There are different kinds of MBA. So, if you have set your eyes and are ready to undertake a master’s degree, depending on the time you need to invest along with your current profiling, you can easily opt-in for any of these various types of MBA courses.

• Two-year full-time MBA program
• One-year full-time MBA program
• Executive MBA program
• Part-time MBA program
• Online MBA program
• Global MBA program

With these different formats available, how to decipher which type would be the best for you? Well, this article takes you through the breakdown and details of each one of them to allow you to make the coveted decision.

Two-year Full-Time MBA Program

A full-time MBA is a management program that prepares you for a complete knowledge of management and business concepts. In India, the duration of a full-time MBA is two years; meanwhile, in most European and American universities, the duration of a full-time MBA is one year. Therefore, a full-time MBA is one of the most common programs for a person planning to undertake an MBA. The program is divided into multiple semesters and usually involves compulsory internships or training that add value to your profile.

The first year at most colleges is focused on general managerial subjects that help build the core skills such as Business Communication, Business Strategy, Finance, Accounts, Law, Ethics, etc. The second year is more specific and covers the concentration of your preferred choice, such as subjects in Finance, Operations, E-Business, Food & Agribusiness, Data Analytics & Business Intelligence, Global Management, Marketing or HR, etc.

A two-year full-time MBA program acquaints you with many benefits while offering practical exposure through internships, consulting projects, etc. However, this type of MBA requires financial capacity and time commitment.

In terms of eligibility criteria, you need at least 50% marks in your under graduation and a good score in exams such as CAT, GMAT, MAT, SNAP, etc.; the higher the score, the better the chances of selection, as these exams are highly competitive.

One-Year Full-Time MBA Program

These are residential 12-15 months MBA programs that are more extensively curated, with much of the same course content compiled, keeping in mind the constraints in time. Many of these programs require prerequisites such as work experience or a certain level of academic experience in some cases. Candidates seeking to advance their career trajectory and earn a degree in a shorter period, especially working professionals, should opt for these types of MBA courses.

Given the shorter period of the program, the curriculum is maintained correctly within the time frame. Hence, these intense programs provide fewer breaks, taking away the internship period or providing limiter internships, if any. This format suits those already on their career path toward a brighter future and looking forward to bringing more experience to the table.

This variant’s eligibility criterion is work experience and a good GMAT/CAT or GRE score. In addition, the admission process differs from the rest, requiring candidates to submit statements of purpose, verbal and analytical tests, and a letter of recommendation. The typical salary for a 1 Year full-time program is 15-18 Lacs.

 Executive MBA Program

An executive MBA program is designed for professionals with extensive work experience. Specifically designed for those who want to take the next leap in leadership roles, an executive MBA program is tailored so that you can attend classes on weekends or in the evening and keep working in a company simultaneously. An additional benefit of earning an executive MBA is that companies occasionally pay for training for their valuable employees.

The program provides you with all the business disciplines needed for effective leadership, such as communication, time management, project management, international business, strategy & consulting, management information systems, entrepreneurship, etc. What you learn in the classroom can be implemented in real life; learning takes place inside and outside the classes. You get a chance to meet similar-minded people, and your networking grows stronger, thereby preparing you to be a better and more successful professional.

For these types of MBA programs, you need to have a minimum of 50% marks at the higher secondary level and a minimum of 50% in your graduation. In addition, preference is usually given to those with a particular work experience level.

However, the admission process remains more or less the same; candidates are made to go through an entrance test, group discussions, and a personal interview to seal the candidature ship. The salary post an executive MBA ranges from 25-35 lacs, as these candidates already bring significant work experience, and a degree acts as a feather in the cap.

Part-Time MBA Program

A part-time MBA program is designed for aspirants who want to earn their MBA degree while simultaneously continuing to work their jobs. Considered one of the most flexible options for masters, you can schedule your classes according to your timetable and complete the program at your own pace in a year or three to four years as per convenience. This option works well when you don’t want to put a hold on your career but, at the same time, want to earn a master’s degree to enhance your professional qualification. In addition, these programs typically run year-round, making it easy to choose subjects along with a flexible timeline that does not coincide with your working hours.

Without compromising their work timings, this type of MBA program allows the applicants to study part-time, during their free time, or when they are not working. This means an extended duration of course completion, making it suitable for those wanting an economic MBA and increased flexibility compared to full-time MBA programs. The opportunities are vast upon completion of a part-time MBA. It helps you climb the corporate ladder and fetch better earnings via managerial roles.

 Online MBA Program

An online MBA program targets aspirants who cannot attend classes physically. The study mode is through correspondence schools, live classes, recorded lectures, webinars, and teleconferencing. Online MBA programs are similar to part-time MBA programs. Suppose you have personal reasons or are a professional working currently.

In that case, you can opt for an online MBA. Then, you can choose the time for scheduling your classes and study in the comfort of your home, anywhere in the world!

Though an online MBA offers a remote experience, it provides the same content and learning through an entirely different mode. There are no age restrictions for this type of MBA; a student in the final year or even a corporate-level employee can apply. 50% minimum marks are required at the undergraduate level to appear for the entrance exam. In addition, the admission process calls for clearing specific entrance tests such as CAT, GMAT, etc. Apart from this, some colleges also conduct their entrance exam.

Global MBA Program

On the same trail as a regular MBA, an international or a global MBA offers wholesome business development skills, with the difference of having an edge by incorporating international management and business trends. Pursuing such a type of MBA helps you develop a more comprehensive network with people of different diversities and prepares you for global job opportunities worldwide post-successful completion of the degree. 

Classes for these graduate business programs are held in various learning settings, sometimes in other countries and cultures. Because of the exposure to other cultures that students receive from their universities, professors, and classmates, a significant proportion of them discover employment chances in multinational organizations abroad. As a result, they can establish a solid network to advance their careers in the ways they want.

A global MBA program intends to give exposure to global business and helps you gain a worldwide perspective for your work in business and leadership. It is offered by international colleges and covers a wide range of business-related topics across multiple specializations, ranging from Marketing, Business Analytics, Risk Management, and Finance to Hotel Management and International Business.

To sum up, depending on the right time and other available resources, you need to focus on the best MBA type that suits your requirements. After deciding on the location, such as an on-campus or online MBA works in your favor or the duration and timeline are the determinants, make sure you analyze why you want this degree and accordingly make your decision. Additionally, examine the variety of MBA programs offered based on the different concentrations they provide, such as Accounting, Economics, Leadership, Marketing, Finance, Information Systems, etc. Finally, try answering the following questions before you take the plunge:

• How soon do you want to have the degree?
• What are your current and future goals and aspirations?
• Are you flexible with balancing MBA with other personal or professional commitments?

Different types of MBA programs from Prestige University help students and working professionals develop their skill sets, align them with current market demands, and advance to managerial and leadership positions across functional areas. The programs are perfect for mid-level to senior-level managers who want to use the most recent management ideas and assume more responsibility.

The university is open to working executives looking to move from technical to managerial jobs and entrepreneurs and business owners looking to scale their operations by adding more management skills. Explore select MBA programs in Data Analytics & Business Intelligence, Sustainability Management, Food & Agribusiness, E-Business, and Logistics & Supply Chain, as you decide whether an advanced business degree is right for you. The programs offered by Prestige University:

• It helps you gain new knowledge and skills to accelerate growth in emerging market scenarios
• Advances current careers in the right direction for better and brighter prospects
• Connects with people who share the same interests as yours
• Builds a strong network of professionals

The right MBA degree can open up doors of opportunities for you and is the perfect way to showcase your knowledge and skills learned to excel in different positions. So make a wise choice today!

 

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.

All significant companies today need dedicated logistics & supply chain management to remain competitive and run efficiently. To survive, companies must adapt to changing supply chain demands and deliver value to customers increasingly efficiently. The supply chain & logistics industry is one of the largest employment generators in the country. Career opportunities lead the way, and students can have challenging careers with specializations and prospects for advancement. In addition, the industry is relishing global outreach daily. The MBA in Logistics & Supply Chain Management is among the most popular programs. A career in logistics & supply chain management is perfect for those with logical thinking and various innovative ideas.

Logistics & Supply Chain Management is a multidisciplinary field combining key concepts from Operations, Logistics, Procurement, Information Technology, Marketing, Transportation and Distribution, Warehousing and Inventory, and Systems Engineering, among others. As a result, you will significantly expand your professional skills and gain in-depth knowledge of emerging and challenging supply chain and distribution issues. 

For freshers, it is essential to understand that logistics refers to those activities that occur within the boundaries of a single organization and cover under its gambit activities such as procurement, distribution, maintenance, and inventory management. On the other hand, a supply chain refers to a network of companies working together to deliver a product in the market. The supply chain encompasses logistics activities and includes related functions such as marketing, financing, and customer services.

While both areas of study focus on understanding the flow of goods from the point of origin to the endpoint, taking into consideration the careful coordination of supplies, labor, facilities, etc., it is necessary to know how they differ from one another when it comes to making a career choice. Pursuing an MBA in any specialization is a vital decision that must be carefully thought through. While knowing the various fields available when you choose to do an MBA in Logistics & Supply Chain is essential, this article will help ease your decision process.

What Beholds an MBA in Logistics?

Traditionally viewed as mere transportation (Rail/Road/Air/Sea), logistics is more complex and multi-layered than meets the eye. As the business environment transforms into a more mature space, strong demand for cross-functional skills is bound to grow. In such a quickly evolving environment, perfect knowledge and experience in International and National Business Procedures, Regulations, and Cycles, the knowledge of International Geography, route planning, and end-to-end connectivity will be critical to determining a successful career in logistics. According to a report by TeamLease, the logistics sector in India is expected to create 3 million new jobs over the next four years, primarily driven by GST implementation and significant investment in infrastructure.

For anyone looking to pursue an MBA in logistics, the opportunities are umpteen, as this program equips you with the necessary knowledge to match the broad spectrum of the fast-paced business environment and sectors, including transportation, IT, Marketing & Sales, E-Commerce, and Supply Chain. As a student of an MBA in logistics, you will be introduced to the basic concepts of Business Logistics, the analytical models, and the principal tools under subjects like Business Statistics, Total Quality Management, Strategic Management, etc.

MBA in logistics also encompasses goods handling, product supervision, sales, client relationships, etc. The prerequisites are robust management control, excellent communication, and a team-building spirit. The management degree is sure to offer numerous options for majors to choose from; among them can be Logistics Strategy, Customer Service, Import & Export, Operations, Inventory Management, etc. The latest tools and technologies include: SAP SCM, Watson Supply Chain, E2open, etc. In a nutshell, an MBA in logistics is about planning, executing, automating, and scaling processes that ultimately lead to customer satisfaction. This two-year logistics program usually entails logistics & supply chain management along with business administration logistics.

What are the Career Prospects with an MBA in Logistics?

Planning a logistics and supply chain management career, you should know what it holds for you before taking the plunge and what to expect in this career with short-term and long-term goals. With technological advancements, the scope and career prospects of an MBA in logistics have increased manifold over the last decades. As a result, there is a growing demand in the market; multinationals worldwide are looking for trained business professionals who can overcome complexities, resolve the inefficiencies in logistics management, and move toward profitability. All this comes when you undertake a management course in Business with a specialization in Logistics.

Even for students looking forward to a career in Distribution, Operation Management, or Procurement, this course provides a strong foundation by opening up positions like that of Logistics Consultants, Warehouse Operations Managers, Inventory Managers, Transportation Managers, Supply Chain Consultants, Industry Analysts, etc. Though it can be a high-pressure job, performing well can help and lead your way up the corporate ladder. With constant innovations and modernization, the starting salary can be expected to be around 4.5-5 Lac per annum, eventually increasing as per the skill sets and experience.

The reasons that will help you make the right career choice with an MBA in logistics are- foreseen demand, with projections mounting nearly 4% growth from 2019-2029 as per the Bureau of Labor Statistics*. Today, a logistics manager is the backbone of any organization, as all firms see global import and export. They are the principal agents responsible for shipping, tracking, and final product delivery to the customer. This, combined with the lucrative pay scale and career growth, makes it one of the most rewarding career options.

Understanding MBA in Supply Chain Management

The supply chain covers a whole range of activities associated with the flow and storage of goods, services, and related activities for a business. It’s vital to ensure that businesses deliver efficiently for their customers and stay competitive in today’s markets. With the world becoming increasingly globalized, the challenge of procuring, storing, and dispatching resources has grown significantly. As a result, supply chains have become more complex, and organizations are keen to recruit and retain the best talent to keep processes running smoothly and efficiently and to ensure they continue to innovate and improve.

The Indian supply chain industry is increasing, supported by strong industrial demand. Supply chain managers must be experts in diverse skills to execute their duties, and the ability to analyze and multi-task is crucial for them to succeed. It’s a combination of analytical abilities, interpersonal skills, and managerial skills that make a complete logistics professional, one who’s well-equipped to handle infrastructure and organizational challenges. The National Skill Development Corporation (NSDC) report outlines that India will need around 28.4 million strong Supply Chain workforce to cover the country’s booming Transportation, Logistics, Warehousing, and Packaging sectors by 2022.

Learning Outcomes of MBA in Supply Chain Management

• Understand primary theoretical concepts in supply chain management
• Apply learnings to evaluate and manage an effective supply chain
• Learn about the effectiveness of emerging technologies in logistics and project management
• Understand the pivotal role of logistics and its relation to transportation and warehousing
• Align the management of a supply chain with broader corporate goals and strategies
• Demonstrate analytical skills and strategic planning in supply chain management issues

Prestige University believes in the excellence of quality education catered in relevance to the current times and industry demands, giving students a complete educational experience. The institute’s strategy of responding efficiently and effectively to the changing needs of the industry and student community brings it into the league of leading business schools across India. At Prestige University, all the business management courses are tailored to give a clear understanding of Management subjects and are well-structured to enhance students’ functional and soft skills development. A perfect blend of modern and traditional teaching methodologies helps students to gain knowledge in the best way possible while also helping them realize and believe in their ability to evolve as successful role models and decision-makers in the professional world.

The MBA in Logistics & Supply Chain by Prestige University helps develop skills for professionals to optimize organization profitability through effective supply chain management. The program helps the participant sharpen their skill to leverage the advantage of a proper supply chain. It is a program that should be chosen by future managers who incline cost optimization of an organization and maximum market penetration of its product.

Prestige Post Graduate Program in Logistics & Supply Chain Management highlights:

• Course curriculum designed based on professional inputs from diverse fields, including both industry and academia
• Course content planned with an affluent theoretical and practical approach
• Can be adapted by all freshers, supervisors, Jr level executives, and middle-level managers who wish to make their career in logistics and supply chain management 
• Study material that gives an adequate working knowledge of several subjects to the students in the management field

Additionally, the course allows you to put theory into practice, delivering simple supply-chain solutions and recommendations, enabling you to analyze and solve real-world business problems and address key industry challenges.

 

The education sector has increasingly been assessed for sustainability because of its significance to socio-economic development. Notably, a significant amount of private and public resources is being committed each year by different stakeholders, including students, parents, governments, institutions, teachers, researchers, etc., to pursue the necessary qualifications and skills to support the country’s economic development. In this regard, the sustainability approach has been reevaluated and incorporated into management education in the post-COVID era, making students search for sustainability management. This has accelerated the speed of significant changes in the dynamics that once made earning a management degree one of the top paths to a corporate career.

The emergence of new MBA fields, including Environmental Accounting, Sustainable Tourism, and Sustainable Development, results from the growing awareness of the need to save the environment. The MBA in Sustainable Management is a specialization that will enable you to help save the environment. Read on.

It is generally acknowledged that environmental issues, energy economics, and sustainability present some of the most critical concerns and exciting opportunities for businesses today. Business success in the future is primarily stated to depend on how organizations manage these concerns and connect themselves with the requirements of society and the environment, from climate change to energy economics. Many stakeholders, including customers, shareholders, and the government, are exerting pressure on organizations as they recognize the value of integrating sustainability into business processes. Due to this, professional managers are now needed in various sectors, including the public, commercial, and not-for-profit ones, to maintain the harmony between the three pillars of sustainability, i.e., people, planet, and profit.

MBA Sustainability Management equips graduates with the insight to lead in a resource-sensitive world amid increasing competition and concern for sustainable development. The program teaches students how to manage resources effectively and efficiently without sacrificing profitability and competitiveness to ensure long-term corporate survival.

What is MBA Sustainability Management?

Global organizations are undoubtedly one of the most significant driving forces for sustainability for themselves and the environment. However, one common misconception about Sustainability Management is that it promotes “green” or environmentally sound business policies. While that is true to some extent, MBA in Sustainability Management prepares graduates for much more. It is also about advocating a sustainable relationship with stakeholders through corporate social responsibility; a sustainable relationship with the planet and natural resources through environmentally friendly practices. This includes thinking about economic, environmental, and social sustainability and discovering noble ways to ensure longevity and sustainability in these contexts.

MBA Sustainable Management: A Field that is Constantly Expanding in Ways that Improve the Lives of People

An MBA in sustainable management follows an approach that balances commercial profits with environmental sustainability. Throughout the program, various applications and strategies are employed to protect the environment without harming the corporate world. In addition, students learn to predict, monitor, and analyze various green business practices and local economic development in the functional business domains.

Sustainable management incorporates the environmental and social costs of doing business into management decisions to focus on long-term gain. With the program’s help, you can achieve success while being fiscally, socially, and environmentally responsible. Graduates can:

• Discuss cutting-edge conceptual and theoretical models, problems, and challenges in worldwide commercial enterprise administration;
• Systematically inspect sustainable problems within the context of environmental effects in the worldwide context;
• Develop a shift in the paradigm of commercial enterprise questioning as a method of setting up sustainable marketing strategies;
• Outline a method to sustainability for small agencies and governmental and non-governmental organizations;
• Evaluate commercial enterprise problems within the context of ethics and social sustainability and specify the sorts of laws, guidelines, and expert opinions that endure on moral decision-making.

What is the Syllabus of MBA Sustainability Management?

MBA Sustainability Management aims to familiarize students with the broad corporate and organizational management areas. Sustainability principles and concepts are discussed, such as climate change and development. Several courses are taught throughout the program. There are also several other courses that graduates can pursue.

• Data Analytics
• Human Resources
• Financial Accounting
• Operations Management or Logistics
• Microeconomics for Management
• Strategic Thinking
• Managerial Accounting
• Marketing Management
• Managerial Finance
• Project Management

Students are equipped with detailed sustainability topics, which helps them examine the different perspectives. The topics include climate change law, policy, & opportunity, managing sustainable organizations, environmental management & strategy, risk management, sustainable investing, and sustainable marketing, among others.

What are the MBA Sustainability Management Eligibility Criteria?

This is, in fact, precisely the same way you would gain admission to any MBA. Sustainability MBAs are, after all, primarily MBA programs that just happen to offer a concentration or specific focus area in sustainability. The admission process for most Sustainability MBA programs, including online and offline, is generally the same. A key element of admission that requires early preparation is competitive entrance exams such as the CAT, SNAP, and MAT. Many MBA programs have strict minimum CAT or MAT scores, so you’ll need the required score to get into the program you are interested in. Also, the minimum requirement for admission to the program is a three-year Bachelor’s degree (or equivalent) in any subject with at least a 60% overall grade from an accredited university.

What are the Future Scopes of MBA Sustainability Management?

70% of the Earth’s surface is water, though only 2.5% is fresh, and only 1% is readily accessible. This means that the direct answer to ‘what can I achieve with an MBA in sustainability management is ‘almost anything!’ With that said, students are often interested in a particular concentration with an MBA program because they are seeking a job or growth prospect in that specific subject area.

At the end of pursuing an MBA in Sustainability Management, students garner the ability to formulate, evaluate and implement crucial business strategies with core facets of finance, marketing and sustainability and have the desired competence to make ethical business decisions with social and environmental consciousness. They also gain leadership skills in a resource-sensitive world amid increasing competition and learn the tools, techniques, and frameworks for recognizing the need, challenges, and ways to approach sustainable businesses through resource optimization. Lastly, they also gain hands-on experience applying business, economic, management, legal, and sustainability concepts and practices and training in quantitative and qualitative research methods.

One of the career entry points after studying Sustainability Management is as a Sustainability Consultant. As more and more organizations incorporate sustainability thinking into their strategies, not all have teams dedicated to addressing these issues. Many organizations work with external sustainability consultants to gain insight into some of the opportunities, risks, and total costs of sustainability initiatives before truly improving their footprint. Sustainability consultants develop research methodologies, collect data on client organizations, produce detailed reports containing specific and general policy recommendations related to sustainability, conduct original research, and be a leader in possibilities. Experts in environmental policy and green business practices are the domain of sustainability consultants. They advise companies on how to reduce their environmental impact, for example, by improving production processes or finding ways to reduce the use of non-renewable energy sources.

Join one of the Fastest-Growing Industries with an MBA in Sustainability Management

Some of the most common sustainability-focused jobs in business include the following:

• Sustainability consultant roles
• Supply chain and logistics roles
• Project management roles
• Analytics management roles
• Director of Compliance roles
• Management roles in sustainability-focused industries
• Engineering roles
• Human resources roles
• Director, sustainability roles

Prestige University’s MBA in Sustainability Management has been designed to ensure that students receive hands-on knowledge and learn from case studies that mimic real-life situations. In addition, the program trains students to manage complex operations within these sectors. Some of the sought-after areas for career entry or enhancement after completing this program are as follows:

• Sustainability Specialist
• Climate Change Analyst
• Sustainability Consultant
• Energy Consultant
• Project Manager
• Associate Market Manager
• Lecturer and Professors
• Outreach Managers
• Research Analysts
• Environmental Specialist
• Corporate Sustainability Strategist

An MBA focusing on sustainable management teaches students about the various aspects of sustainable development from a social science perspective. This program acquaints the students with the skills and expertise necessary to develop and evaluate strategies for managing natural resources and capital, focusing on sustainable economic development, global sustainability principles, and sustainability. In addition, it is designed to teach students about possible innovation and design economics. Besides looking for a job, students can continue their education in the same subject by opting for a Ph.D. in Sustainable Development, Ph.D. in Business Administration, etc. Ph.D. programs in all relevant fields are available to students. Students can also start their careers after completing a management degree. Various public and private organizations are looking for management professionals to help them achieve environmental sustainability in their business practices. Those pursuing a career in this field will be entitled to an average salary of 12 to 15 lacs per annum.

With an MBA in Sustainability Management, Your Opportunities are Ceaseless!

MBA in Sustainability Management by Prestige University aims to develop management skills and increase competitiveness in sustainability management and its application in various business sectors and industries. Prestige University’s program provides a comprehensive understanding of all functional organizations, including operations, finance, accounting, and communications, focusing on sustainability. Students are encouraged to participate in research projects and business simulations during this challenging program to improve their leadership skills.

This specialized program helps you develop a global understanding of business know-how and teaches you how to design and apply innovative and sustainable solutions in diverse business environments. It provides the tools and techniques needed to analyze, understand and evaluate strategic decisions related to energy production, sustainability, and climate protection. The MBA program at Prestige University is open to both Indian and international students/professionals. It offers hands-on training through summer internships, industry visits, case study discussions, role-plays, simulation exercises, and corporate and other institutions. Prestige’s MBA Sustainability Management highlights include:

• International learning environment
• Focus on interdisciplinary, solution-oriented learning approaches
• Focus on critical thinking and sustainable behavior
• Experiential learning based on case discussions, simulations, and classroom role-plays
• Internationally recognized lecturers from various universities in India and abroad
• Enhanced experience through industry visits, site visits, and community involvement
• Strong corporate interface through internships, mentoring, lectures, and more
• Industry-oriented curriculum
• Wide range of specialized electives

Whatever you decide to do, pursuing an MBA in sustainable management 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.

 

We 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. Data is involved in almost every interaction with technology: e-commerce purchases, Facebook feeds, Amazon Prime recommendations, and even the facial recognition needed to log into our smartphones. Data science is widely being used by computer professionals with the skills to collect, shape, store, manage, and analyze data as a critical resource for enabling organizations to make data-driven decisions. Nearly every industry today, from research institutes to dating applications, requires data science professionals. Data science and Big data are, in fact, the need of the hour for the success and improved customer service of millions of organizations and government agencies.

One of the most trending courses, Data Science, 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 science is expected to acquaint you with analytics, data mining, machine learning, automation, etc., equipping you with handling heterogeneous data sets. A variety of courses falling under the ambit of data science roles, 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.

A career in data science is in high demand, and this trend will likely continue. Crunching big data for businesses involves rigorous analysis through various tools. If Google Maps, Robots, Chatbots, and Tesla’s self-driving cars spark interest, then choosing a career in data science is the right thing. A data scientist engulfs computational skills and helps set up business models by identifying problems and resolving them through intensive data-driven insights.

Career in Data Science & Job Opportunities

As data becomes increasingly ubiquitous, the need for experts handling it for transformative usage has escalated. Millions of gigabytes of data are generated every day, just waiting to be put to better use for the benefit of the organization using it as well as society at large. This is enough to highlight the importance of making a career in data science 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 science 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.

Data Science for Strategic Decision-Making

Data Scientist has also been ranked among the most promising career choice by LinkedIn*.  Down the line, data science roles will enjoy a comfortable position with high-earning income capacities. Moving towards automation and digitization, trends and analysis reveal that the requirement for skilled labor will soar. The primary reason for the heightened demand for data scientists is that every company wants to earn profits today. As data plays a vital role in every industry, data scientists derive information from this data to maximize profits, increasing the profession’s popularity. As a result, jobs in data science are one of the fastest growing today. According to the US Bureau of Labor Statistics, they are expected to increase by 27.9% in 2026*. The fact that companies that use data for their decision-making are seen to be more profitable and productive than their peers is also significant for all those who wish to pursue a career in data science.

The role of a data scientist does not end here; the scope is ceaseless. Once you have the proper knowledge garnered through courses from a reputed college, you become eligible for several data science roles. These include Machine Learning Engineer, Applications Architect, Data Scientist, Enterprise Architect, Business Intelligence Developer, Statistician, Functional Consultant, Product Analyst, etc. 

The opportunities and pay scale that come along the data scientist career path are no less. You not only have a challenging environment to work in, but also no boundaries exist when applying your skills in any industry. A bright future full of seamless opportunities awaits students who want to pursue data science roles 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 scientists. These well-paid jobs offer job security that will only multiply in the future.

MBA Data Science Syllabus

An MBA in Data Science is designed around a curriculum emphasizing all the data management and analytical tools that can apply across varied disciplines such as healthcare, finance, hospitality, retail, banking, etc. An MBA in data science usually is a full-time course spanning one to two years. It may also include internships, dissertations, industry visits, hands-on training in analytics laboratories, live case studies, and professional certifications, among many other valuable experiences. It involves studying big data, data mining, database management, data science, and data warehousing.

Data science is a multidisciplinary field involving different concepts in its learning path. The data science course syllabus typically includes concepts around machine learning, Python/R programming, data interpretation, data science lifecycle, statistics, decision trees, linear and logistic regression, data visualization, recommendation engines, and more. It also covers a complete overview of widely used data science tools like Tableau, TensorFlow, SciPy, and QlikView.

Core Data Science Skills

Data science is a 21st-century job skill that millennials should have. Moreover, students with a background in data science learn a much more robust skill set in whatever career they choose.

Big data: Data can be very large or complex, which can’t be managed with traditional data processing software alone. This is the primary reason why data scientists must keep themselves abreast with Apache Hadoop or Apache Spark, an open-sourced distributed processing system.

Data modeling: This involves formatting specific data into a database.

Data visualization is the graphic representation of data that reveals useful trends and insights.

Machine learning constitutes a series of techniques used to predict and forecast data.

Programming: It is important to know programming languages such as Python and R if you desire to automate data manipulation.

Statistics: It is equally important to know some form of applied statistics to interpret data.

Teamwork: Data scientists don’t work in silos; they are often part of more extensive data science teams composed of data engineers, software developers, and others.

In a world full of uncertainty, data is more critical than ever. As businesses continue to change, they’re looking for people with data science and analytical skills to help them optimize their resources and make data-driven decisions. If you enjoy complexity and ambiguity, like delving into a single question, and are okay with not finding an answer to a problem, you might be a good fit for a career in data science.

MicroStrategy research reveals that companies worldwide use data to make processes and costs more efficient, drive strategy and change, and monitor and improve financial performance. Therefore, 71% of global companies expect their investment in analytics to accelerate over the next few years. Therefore, a career in data science counts as a wise choice.

The data science roles require a mix of experience, know-how, and correct tools and technologies. It is a good career choice for both new and experienced professionals alike. Aspiring professionals from any educational background who possess an analytical frame of mind are best suited to pursue data science programs, including, but not limited to:

• IT Professionals
• Analytics Managers
• Business Analysts
• Banking and Finance Professionals
• Marketing Managers
• Supply Chain Network Managers
• Recent Graduates

Getting Started in the Field

There are several ways you can brace yourself to take on some demanding yet attractive tasks if you want to enter the field of data science. Prestige University offers master’s degree programs in data science and data analytics that are created to help students gain the skills that businesses are actively seeking. The program offers students a lucrative opportunity to participate in co-ops and experiential learning opportunities, allowing them to gain practical experience before they graduate. It aims to accelerate your career in data science by providing you with the world-class training and skills required to succeed in this field. 

You can become a data scientist by diving deep into the nuances of data interpretation, mastering technologies like machine learning, and mastering powerful programming skills to take your career in data science to the next level. Participants of the program get to develop a foundation for advanced understanding of these areas using hands-on training using in-demand tools and techniques, case studies, and capstone projects.

The data science 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 science, such as statistical analysis, data visualization, predictive analytics, prescriptive analytics, machine learning, neural networks, and more. It is aimed at helping you make data-driven strategic decisions for your organization to enable business growth and stay 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 science course to demystify data analysis and equip themselves with the required skills for strategic decision-making.

• Gain a thorough understanding of data structure and data manipulation
• Learn data science and its wide applications
• State-of-the-art curriculum designed and delivered by Prestige faculty
• Real-world data science applications
• Live online masterclasses delivered by instructors
• Industry insights through masterclasses by specialists from the corporate world
• Practical exposure through hands-on projects
• Ability to analyze data using Tableau and build interactive dashboards
• Case-based learning specially designed for future managers and executives
• Interactive doubt-clearing sessions to ensure clarity of concepts

This data science program includes 10+ industry-relevant projects from various domains to help you master data science concepts. These projects encompass all the critical aspects of data extraction, cleaning, mining, and visualization to build and tune data models.