IIMA - ePG Diploma In Advanced Business Analytics: Revealing The Truth About This Valuable Programme
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- jaro education
- 17, September 2024
- 4:00 pm
The ePG Diploma in Advanced Business Analytics is offered by IIM Ahmedabad. This 16-month, full-time, online and campus session programme is designed for working professionals who want to advance their careers with PG in business analytics. The post graduate diploma will provide participants with the skills and knowledge necessary to excel in roles such as data scientists, business analysts, and consultants. In addition, participants will also learn how to use analytical tools and techniques to solve real-world business problems. So why enrol in this programme? Read on to find four reasons why this could be the best decision for your career in business analytics.
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Introduction to Business Analytics
In the data-driven world today, business operations are experiencing an overload of information. Business analytics comes forth as the prime tool that lets business organizations translate this crude data into actionable insights. Applying statistical analysis, predictive modelling, and data visualization helps businesses make decisions in areas related to improvement in terms of operational efficiency while staying ahead in the game. It takes the shape from retail to finance, health care to manufacturing, as business analytics becomes a backbone in the strategies that shape growth.
Whether it is for process improvement or the creation of customer experiences, the scope of business analytics is simply indispensable in all cases.
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How Business Analytics is Becoming a Growing Sector?
Here’s a closer look at why Business Analytics is a rapidly growing field:
| Factors | Description |
|---|---|
| Rising Data Volumes | With the generation of mass amounts of data, the need for professionals to be able to analyze and interpret the amounts of data has been on the increase. A PG Diploma in Business Analytics provides the person with the right skills so that he could manage such volumes of data and probably make sense of them. |
| Technological Advancement | There is the development and evolution of technologies such as AI, machine learning, and big data. This means more companies find it easier to adopt business analytics practices. A PG Diploma in Business Analytics keeps the professional updated with advancements in technology. |
| Industry Acceptance | The finance, healthcare, and retail industries are embracing business analytics as an enabler of innovation and competition. Given the surging demand for analyst roles, a PG Diploma in Business Analytics is likely to have great market demand. |
| Data-Driven Decision-Making | Organizations are shifting toward data-driven decisions for greater efficiency, profitability, and customer satisfaction, thus increasing their demand for trained business analysts. |
By pursuing a PG Diploma in Business Analytics, individuals can tap into the rising demand for experts in this fast-expanding sector.
What is the IIM Ahmedabad Programme About?
The IIM Ahmedabad’s ePG Diploma in Advanced Business Analytics programme is a 16-month, full-time course that helps working professionals gain the skills and knowledge needed to take their careers to the next level. The programme combines classroom learning and online learning, allowing students to learn at their own pace and fit their studies around their busy schedules.
Through the PG in business analytics programme, learners will develop an understanding of advanced business analytics concepts and techniques and learn how to apply these tools to real-world business problems. They will also gain exposure to advanced data management and visualisation technologies and be able to work with large datasets to identify trends and patterns. Professionals will be well-prepared to take on senior roles in data science and analytics within organisations after successfully completing the programme.
What are the benefits of enrolling in this programme?
There are numerous benefits of enrolling in this programme which include:
- The ePG Diploma in Advanced Business Analytics is designed and taught by industry experts from IIM Ahmedabad, one of the leading business schools in India.
- The ePG Diploma in Advanced Business Analytics offers a comprehensive curriculum that covers various aspects of advanced business analytics, from data mining and machine learning to predictive modelling and optimisation techniques.
- Students will be able to work on real-world projects and gain hands-on experience with cutting-edge analytical tools and techniques.
- The ePG Diploma in Advanced Business Analytics provides excellent placement opportunities in top companies for those who wish to pursue a career in business analytics.
Who is this programme suited for?
The IIM Ahmedabad ePG Diploma in Advanced Business Analytics programme is ideal for working professionals who wish to upskill themselves and gain expertise in data analytics. The programme is also suited for those who want to transition into a career in data analytics.
How is the programme structured?
The IIM Ahmedabad’s PG in Business Analytics programme is one of the best PG diploma courses. It is structured around five core modules and a capstone project. The core modules consist of pre-term data management, data analytics, and advanced business analytics, including statistical methods, machine learning, optimisation, and much more. They also allow learners to learn from a range of more specialised topics such as text mining, big data analytics, and predictive modelling. The capstone project gives learners the opportunity to put their knowledge into practice by working on a real-world data analysis problem.
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Who is Eligible to Apply to the Programme?
The eligibility criteria for the IIM Ahmedabad ePG Diploma in Advanced Business Analytics are as follows:
| Criteria | Requirement |
|---|---|
| Academic Criteria | Candidates should hold a bachelor’s degree with strong quantitative and analytical problem-solving abilities. |
| Work Experience | A minimum of 2 years of work experience is preferred, ideally in business analytics, though this requirement may be waived for those with outstanding academic or professional achievements in a related field. |
| Entrance Test | A valid test score is required (GMAT/GRE/CAT/GATE or the ePGDABA qualifying-cum-aptitude test). |
What are the course fees?
IIM Ahmedabad’s PG in Business Analytics programme is one of India’s most sought-after business analytics programmes. The course fee for the programme is Rs. 12 lakhs including all applicable taxes for the entire duration of the ePG Diploma in Advanced Business Analytics.Â
| Application Fee | INR 2,000/- |
| Total Programme Fee | INR 12,00,000/- (inc. of all taxes) |
How to apply for the programme?
To apply for the ePG Diploma in Advanced Business Analytics programme, interested candidates must possess a minimum of two years’ work experience in preferably analytics-related fields. Candidates must also have a bachelor’s degree or equivalent qualification from a recognised university. They must also have valid test scores such as GMAT, CAT, or GRE. A candidate can also get in based on the ePGD-ABA qualifying-cum-aptitude test score.
Interested candidates can apply online through the IIM Ahmedabad website. The application process consists of two steps – registration and submission of the completed application form. Candidates will be required to upload their resumes, transcripts, and other supporting documents as part of the application process.
Scope of Business Analytics
Business Analytics has emerged as one of the most vital drivers of decision-making across industries, giving deep insight into market trends, consumer behaviour, and operational efficiency. The scope of Business Analytics is huge and continues to expand as digital change takes place in all industries. Professionals with a PG Diploma in Business Analytics can navigate through varied roles in introducing data-driven solutions. BA has made a significant impact in these areas:
| Domain | Applications |
|---|---|
| Market and Customer Insights | BA tools enable a firm to identify patterns of consumer data and segment targeted customers thus enhancing customer experience and sales increases. |
| Operational Efficiency | BA helps the organization analyze supply chains, logistics, and resource use efficiency and streamline operations, cut costs, and increase productivity. |
| Financial Analysis | Professionals with a PG diploma in Business Analytics can help analyze historical data as well as market dynamics in forecasting revenues and managing risks for improving financial performance. |
| Predictive Modeling | Predictive analytics are used to forecast future trends. It gives sufficient time for an organization to mitigate a problem and capitalize on a new opportunity. |
| Analytics on Human Resource | BA tools are used for analyzing performance within an organization and managing the acquisition of talent and improving the planning of workforces. Thus, it helps in having a better organizational culture and retention. |
| Healthcare Analytics | In health, BA improves patient care, manages healthcare operations, and optimizes resource utilization in hospitals. |
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IIMA x Jaro Education: The Ultimate Upskilling Combo
A significant development for the world’s learners to get a world-class education, this is going into its next phase as IIM Ahmedabad and Jaro Education come together to offer the ePG Diploma in Advanced Business Analytics. It brings to the table industry tie-ups, innovative online learning, and student support for a technical edge in learning on technology-driven platforms, while also opening up outreach efforts. This partnership further strengthens the brand offering from IIM Ahmedabad in both visibility as well as access, whereby the learners – whether across any distance of any India and an international location – could have access to the best faculty and leading-edge content. Jaro’s highly personalized learning management systems and a strong alumni network ensure professionals learn beyond the virtual classroom holistically, focusing on real analytical skills relevant to real life and success in a data-driven world.
Conclusion
The IIM Ahmedabad ePG Diploma in Advanced Business Analytics programme is a great way to gain the skills and knowledge you need to excel in the field of business analytics. With this programme, you’ll be able to learn from some of the best minds in the industry and get a thorough understanding of how to use data to make better business decisions. If you’re looking to take your career in business analytics to the next level, then this is the programme for you.
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