Why study Business Analytics?

We live in the age of data. Businesses need a way to sift through data to figure out which data matters and which doesn’t. “Not everything that can be counted counts, and not everything that counts can be counted,” aptly articulated by Albert Einstein, perfectly explains the purpose of business analytics.

Also known as a student city, Pune has many colleges to choose from to study business analytics. Some of the top PGDM colleges in Pune offer specializations in the same. These institutions teach their students to grapple with the reality of using big data analytics to succeed in today’s global economy. An example of one such institute is Balaji Institute of Modern Management (BIMM), a highly ranked MBA College in Pune.

The approach to teaching in BIMM is tailored to empower students to harness their true potential and emerge as well-informed, confident and positive individuals when they graduate from here.

It is a field focused on understanding how to use data to make better business decisions. Many tools of data sciences as used in BA thus it is also thought of as ‘data science for business.’

A quote from a well-known report by the McKinsey Global Institute encapsulates the importance of not just having data but also the people who can make sense of it: “Big data promises big things—but only if organizations have the right people in place who know what to do with it. A recurring theme among senior leadership across all sectors is a shortage of professionals trained and experienced at the intersection of disciplines necessary to capture, analyze, and generate meaningful business insights from big data. In addition to deep analytics talent, organizations need management with the right balance of business judgment and statistical skills to translate analysis into action.”

Having completed a course in BA prepares students in the forefront of their field, with them being equipped with skills that enable them to solve problems using models, statistics and machine learning. After gaining sufficient experience, graduates can be well-suited to even lead an analytics team.

Take a step towards becoming a dynamic analyst and change the face of data crunching! Choose to study data analytics!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Designed by CyFocus.com
Powered by CyFocus.net