Specialisation : Business Analytics

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  • icon Overview
  • icon Average Salary
  • icon Skill Set

Business Analytics focuses on leveraging data to inform business decisions, making it one of the most sought-after specializations in today's data-driven world. This field emphasizes the use of statistical analysis, predictive modeling, and big data technologies to derive insights from vast amounts of data. Students learn how to apply these insights to optimize business operations, improve customer engagement, and drive innovation. With businesses increasingly relying on data to gain a competitive edge, this specialization prepares graduates for roles in industries ranging from finance and retail to healthcare and technology.

SKILL SETS

Business Analytics professionals need skills in predictive analytics, big data management, statistical modeling, risk analytics, and data science applications. These abilities enable them to extract insights from data, forecast trends, and drive data-informed decision-making, helping organizations optimize operations and improve business strategies.

Predictive Analytics

Using historical data to predict future trends.

Big Data Management

Handling large datasets and deriving actionable insights.

Statistical Modelling for Business

Applying statistical techniques to solve business problems.

Risk Analytics

Identifying and mitigating potential risks using data.

Data Science and AI Applications

Utilizing machine learning and artificial intelligence to enhance decision-making.

Average Salaries

Job Roles Average Salary (Per Annum)
Business Analyst ₹10-15 lakhs
Data Scientist ₹12-18 lakhs
Data Consultant ₹10-16 lakhs