Postgraduate Diploma in Business Analytics - Careers, Salary, Jobs, Scope

Post Graduate Diploma in Business Analytics: Brief Summary

Why Post Graduate Diploma in Business Analytics (PGDBA)?

Post Graduate Diploma in Business Analytics (PGDBA) is largely emphatic on analysis methods in the field of business work. Employees of this field keep a check on the alteration in marketing and production trends; brainstorming problems for feasible solutions for use and being competitive in the market.

Students with a PG Diploma in Business Analytics can get employed in Insurance Corporations, Banks, media houses, Finance firms and a number of other industries as Business Analysts, Data Scientists and others.

The fee of the course varied per college/university. The range is between Rs 2.0 lakh per annum to Rs 8.5 lakh per annum.

Some of the top institutes offering PG Diploma in Business Analytics are as follows:

• Symbiosis Institute of Business Management, Bangalore
• Indian Institute of Management, Kolkata
• Loyola Institute of Business Administration, Chennai
• Xavier Institute of Management and Entrepreneurship, Bangalore
• International School of Management Excellence, Bangalore

Students can also check out our MBA in Business Analytics Article.

PGDBA: Job and Career Opportunities

Any student willing to practice the knowledge gained during his or her Business analysis diploma can get into the following job profiles:

• Data Scientist
• Management Analyst
• Market Researcher
• Project Manager
• Consultant
• Logistician
• Business Analyst
• Sales and Market Analyst
• Data Management Operator
• Predictive Analysis Professional
• Customer Service Analyst
• Relationship Manager
• Project Manager
• System Analyst

Some of the jobs are explained in detail below-

Data Scientists

Data Scientists have a categorised role of assimilating and analysing business data to gauge the contemporary business trends and fads. The work should help to profit the business with manipulation of its performance.

A data scientist should be well versed with Information Technology as the job demands it. Data mining, developing resourceful ways to grasp the information required in minimum time duration, trimming the extraneous details and excavating essential figures is part of a data scientist’s duty.

Employed by top innovative brands like Hewlett-Packard, Wipro, HCL etc. Data scientists manage to get Rs 6.2 lakh per annum as their average salary.

Management Analysts

Management Analysts also known as Management Consultants contribute towards the maximum utilisation of profitable resources by an organisation. This job expects the candidates to have brilliant skills in communication and an energetic and convincing attitude, as it is the foundation for this line of employment.

Travelling is frequent for Management Consultants as they meet staff and clients to help them save the industry’s revenues and resources by scheming and planning.

Accenture, Convergys, Repro India ltd, are some of the companies hiring Management Consultants. The average salary offering is Rs 3.6 lakh per annum.

Logisticians

Logisticians cooperate in the Supply Chain Department of an organisation, they are required in most of the organisations.

Their tasks involve, maintaining good rapport with customers and staff, cultivating utilitarian strategies to maximise products with resourceful and timely supply of products, preparation of daily, weekly, monthly data of work progress and being mindful towards the latest technology to be used for production.

Travelling is a part of this profile. Coca Cola, Accenture, McDonalds are some of the recruiters from this field. The average salary goes up to Rs 5.3 lakh per year.

Business Analyst

Business Analyst does not merely analyses data, he or she must have generous skills of leadership, gauging ways to optimise profits, management of both human and material resources, studying colossal quantitative and qualitative data and formulating strategies according to the company’s current requirement.

Any of the telecommunication, marketing, IT, Finance sectors are open for Business Analyst graduates, such as Microsoft, Bharti AIRTEL, American Express and a number of other companies.

These employees generally earn Rs 5.8 lakh annually.

Sales and Market Analyst

Sales and Market Analyst monitors the stock market and supply-demand trends. The main agenda for them is the maximum sale of the product produced by the company.

The different roles performed can be as survey researchers, statisticians, advertising and promotion manager, PR specialists etc.

The average remuneration they earn annually goes up to Rs 4.5 lakh. Almost each organisation needs analysts, such as Flipkart, Dell, Shell India, Philips etc.

Salary for Post Graduate Diploma in Business Analytics

The pay scale for postgraduates with Business Analytics degree is based on the experience, extra skills, location and job profile of the candidate. For instance, a project manager in an urban area earns up to Rs 4.7 lakh per year as an average.

The table below shows how income is proportional to experience, in the following manner-

PGDBA: Recruiters

Postgraduate Diploma in Business Analytics can lead candidates to some top notch work organisations mostly in private and government sectors. The top ten recruiters from this field are the following-

• Citibank
• HCL
• Food and Safety Standards Authority of India
• IMRB International
• Neilson India
• Wipro
• Accenture
• Dell
• Google
• Amazon

The Information Technology, Communication and Manufacturing sectors are a greenhouse for incubation of Business Analysis skills, Business Analysts must aim for such organisation.

Specialisations offered

Specialisations in the course of Post Graduate Diploma in Business Analytics are few but industry oriented. Here’s a list of different additions that can make this program field worthy-

• Business Analytics and Intelligence course is made for employees of IT, Marketing, Finance or Banking, Stock Exchange and other similar areas of work. This profile needs the candidate to know mathematical, statistical and management skills.
• Social Media Marketing and Analysis is a trendy specialisation nowadays, with social media marketers and data analysts on the fore of promoting a product and organisation through platforms such as Facebook and Twitter and analysing through ranking system of their reach to the audience.
• Predictive Analysis is a stream used mostly for prognosticating upcoming changes in the market, in sales, demand and supply, profit and loss rates, competitiveness in future etc.
• Healthcare Analytics is an ever-morphing and growing sector, especially in India where medical tourism is quite popular. Health analysts are needed by high tech medical institutions to analyse the acceleration or decrease of certain diseases, infrastructure quality analogy etc.

PGDBA: Syllabus

The syllabus hugely varies depending upon the specialisation chosen. Some of the topics which a Postgraduate Diploma in Business Analytics student studies are as follows:

• Business Intelligence
• Business Forecasting
• Data Analysis
• Data Mining- Data Preprocessing
• Structured Query Language and Excel
• Statistical Analysis System for Business Analysis
• Advanced Analytics with R and Tableau
• Business Communication
• Forecasting Methods

Popular Colleges Offering Post Graduate Diploma in Business Analytics (PGDBA)

Below is a list of top Indian Institutes offering PG Diploma in Business Analytics course along with other essential details-

Requirements for PGDBA

The PG Diploma in Business Analytics has the following eligibility criteria:

• Complete schooling with matriculation and intermediate levels.
• A graduation degree with 50% or 60% marks from a recognised university.
• Personal Interview (only in some institutes)

NOTE- Prior experience of at least 2 years in the related industry is a preferable advantage.

Should You Choose Post Graduate Diploma in Business Analytics (PGDBA)?

With the rapid growth of new and innovative startups, the competitiveness between them and established brands has escalated to a massive scale. Trends are altering every month and each year brings in unprecedented evolution. Companies have to maintain their reputation along with making profits and utilizing its resources to the fullest.

The need of a business analyst is required today more than ever as it facilitates facts, strategizes plans and analyses data to keep the company afloat on the ocean of success.

The manufacturing companies are not the only one to employ Business Analysts; sectors like The Information Technology sector, the Media and Communication sector, The Stock Market, Banks and other Financial Institutions recruit Business Analysts because capitalism is the essence of growth in today’s world.