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Online MBA In Business Analytics - Amity University

This world has become data-based, and the businesses require individuals who decode this data and convert it into actionable insights. Business analytics intervenes at this stage. Students pursuing an online MBA in Business Analytics can be better equipped by Amity University. The article explores the category of business analytics-what business analytics is; the outline of the program; its benefits; and, career prospects.

What is Business Analytics?

Business analytics refers to the application of data and statistical techniques towards an understanding of business performance while making informed decisions. In other words, gathering data, analysing it, and interpreting findings to strategically improve business processes form part of this process. Companies apply analytics to know more about the way customers behave and optimise all-around business operations and decisions.

Why an MBA in Business Analytics?

Rising Demand As businesses are becoming more and more data-dependent, so is the demand for analytics-skilled professionals. Companies require people who can help them make decisions based upon proper data analysis.

Skill Set This MBA in Business Analytics prepares the person with really wide ranges of skills from something as basics of data analysis to statistical modelling to business strategy. It prequalifies a graduate for almost any portfolio or role that could come along.

Development of analytics and leadership skills: MBA is a program which develops analytics and leadership skills in students. They will learn to manage a team, monitor projects, as well as develop good communication skills.

Flexibility of online learning: In regard to the online nature of this program, these types of programs are done when such students can conveniently learn; therefore, the student creates a balance between work commitment and personal engagements.

Program Overview

Program Duration and Structure

The Amity University provides a two-year online MBA in Business Analytics, spanning over four semesters. Every class structure developed for each semester encompasses core subjects along with electives that would provide much-needed variety for the students in customising their learning activities.

Core Subjects

1.Data Analysis for Decision Making: It revolves around straightforward data analysis, enabling the student to apply statistical tools for well-informed business decisions. 

2.They learn various statistical techniques to be applied in utilising business analytics like regression analysis, hypothesis testing, and forecasting.
 
3.Business Intelligence: It is basically the tools and techniques for gathering, processing, and analysing pertinent data on a business. And, of course, reports and dashboards are made for the presentation of insights.
 
4.Predictive Analytics: This course teaches students the strategy on how to forecast the future trend of data by merely using the past trend of data. Without doubt, businesses will require this so that they could strategize subsequently.
 
Electives

Amity University has many stores of electives to be specialised within a particular field of interest. A few of the most popular ones could be listed as follows:
 
1.Big Data Analytics
2.Marketing Analytics
3.Financial Analytics
4.Operations Analytics
5.Practical Learning
Mostly, most benefits of this course are that it focuses on practicality in studying. It would instead let them practise their knowledge by using real-world projects and case studies. Such experience plays a vital role toward understanding ways through which an actual business problem can be solved.

Program Syllabus

Semester 1

  • Managerial Economics
  • Statistics for Management
  • Professional communication
  • Accounting for Managers
  • Marketing Management

Semester 2

  • Legal Aspects of Business
  • Business Research Methods
  • Financial Management
  • Human Resource Management
  • Conflict Resolution and Management

Semester 3

  • Analyzing and Visualizing Data with Power BI
  • Forecasting Techniques
  • Introduction to Business Analytics
  • Minor Project
  • Professional Ethics
  • Strategic Management
  • Supervised Learning Techniques

 

Semester 4

  • Big Data Analytics
  • Digital Marketing
  • Major Project
  • Management in Action – Social Economic and Ethical Issues
  • Optimization and Dimension Reduction Techniques

Benefits from Online MBA by Amity University

1.Good Academic Standards: The institution is well reputed, and their academic standards have always been good along with sufficient research work. A graduate from a good reputed university has more promising career prospects.

2.Experienced Faculty: It can be well inferred that more professionals from the business analytics industry are present in the faculty at Amity. Advice and contributions coming from them in class will help the students in real context.

3.Networking Opportunities : With the online MBA from Amity comes the opportunity to be hooked up with a massive list of alumni contacts and industry contacts. Opportunities for jobs, even collaborations, could result from it.

4.Global Exposure: The delivery mode allows students belonging to diverse demographic backgrounds and even countries to participate in the program. This diversity will enrich learning experiences that would have otherwise lacked a global perspective on the firm’s analytics.

Career Opportunities

There are numerous opportunities for graduates who have earned an online MBA in Business Analytics. A few of them include the following:

1.Business Analyst: They are responsible for providing data analysis of trends and offering advice on how the business can be improved.

2.Data Analyst: These professionals are concerned with large datasets to create insights for better support of decision-making processes within the organization.

3.Market Research Analyst: They analyze the conditions prevailing within a given market to provide insights into the probable sales of a product or service, hence gaining insights on consumer preferences.

4.Operations Analyst: Implement improvements in serving and process efficiencies through business processes and data analysis.

5.Data Scientist: The job of this professional involves the application of advanced analytics, machine learning, and statistical techniques to derive insights from complex data that inform organizational decisions.

Admission Process

Application to the online MBA program at Amity University is not too strict. General steps that one has to follow are as follows:

1.Eligibility: In general, a bachelor’s degree issued by any recognized university is required to be held by the candidate applying for the course. Experience in work related to the concerned area is always desirable but not essentially required.

2.Application: The student, who is willing to seek admission to the course, can apply through the website of Amity University. Application Form- The details of the applicant, his academic record, and details related to his work experience are available on the application form.

3.Entrance Test Candidates may or may not be required to appear for an entrance test or submit scores of other exams like GMAT or CAT depending upon course requirement.

4.Interview A few candidates may be short-listed for a personal interview. Hence, that’s an interview to assess the candidature of the candidate for a particular course.

5.Enrollment Once the student gets admitted to the university, he will be given all the information regarding enrollment and starting his courses.

Conclusion

Making an MBA in Business Analytics in Amity University offers new avenues for those interested in furthering their careers in the corporate world. Comprehensive courses, experienced faculty, and flexible learning options make this program ready to give students success in various roles in business analytics. If you’re interested in using data to drive business success, then apply for this course. It may be the first step toward an absorbing career in a vastly growing field!

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