Prestige University, Indore is dedicated to offering industry-relevant education that prepares students to become next-generation, value-based leaders. It is a UGC-recognized and MPPURC-approved institution and a member of the Association of Indian Universities (AIU). The university is committed to solving real-world problems through innovative teaching methodologies. The MBA in Data Analytics & Business Intelligence is designed for aspiring professionals eager to navigate the complexities of data-driven decision-making. This program empowers students with the analytical tools and insights needed to thrive in an increasingly data-centric business environment.
The Evolving Landscape of Data Analytics
Business analytics has emerged as a strategic priority across various sectors, with the demand for skilled professionals evolving significantly. According to the Mordor Intelligence Report (2019), 44% of CIOs globally report facing a skill shortage when recruiting for data analytics profiles, highlighting a critical gap in the workforce. In India, the situation is equally pressing, with an estimated demand-supply gap of 140,000 data analytics professionals, as noted in the NASSCOM Talent Demand and Supply Report (2018). Furthermore, there has been a remarkable year-on-year increase of 16% in the demand for data analytics professionals in India, underscoring the growing importance of data-driven insights in decision-making processes. This rising demand makes the MBA in Data Analytics & Business Intelligence at Prestige University an invaluable investment for aspiring professionals.
Industry Insights on Data Analytics Talent
Industry leaders have highlighted the critical skills gap that exists in the field of data analytics. The Head of Strategy, Data Science and Innovation at Viacom 18 notes, “Analytics talent currently lacks skills that can help in scaling implementation of analytics and drive business adoption. Talent is not sufficiently trained in model automation, tech infrastructure, cloud, data visualization, etc.” The Group Head of Human Resources at Infosys emphasizes the importance of domain understanding: “Business domain understanding to be able to effectively communicate with the client and put analytics in perspective is a very crucial skill that typically fresh talent lacks. Business teams really like the combo of analytics and domain expertise.”
MBA in Data Analytics & Business Intelligence at Prestige University
The MBA in Data Analytics & Business Intelligence at Prestige University is designed to equip students with the skills and knowledge required to excel in the data-driven business landscape. With an agile and industry-relevant curriculum, this program combines rigorous academic training with hands-on practical exposure through a comprehensive 5-month internship and a capstone project. The application of this program spans diverse sectors, including Banking, Financial Services, and Insurance (BFSI), Fast-Moving Consumer Goods (FMCG), Manufacturing, Consulting, and Start-ups. Additionally, students can build domain expertise in the final two terms by choosing one of three specialization tracks: Financial & Risk Analytics, Supply Chain Analytics, or Manufacturing Analytics. This blend of theoretical insights and practical experience ensures that graduates are well-prepared to meet the demands of employers in an increasingly competitive market.
Employment Scope of a Business Analyst
The demand for Business Analysts is projected to rise significantly, with the Bureau of Labor Statistics estimating a growth rate of 14% by 2024, positioning it as one of the fastest-growing occupations in contemporary job markets. As business analytics increasingly integrates into larger organizational strategies, new roles such as Chief Analytics Officer or Chief Data Officer are emerging, highlighting the growing importance of analytics professionals. The industry requires individuals who possess a strong understanding of technology and business domain knowledge, enabling them to develop a holistic perspective that drives value creation in collaboration with business stakeholders. At the entry level, the median salary for a Business Analyst in India is approximately ₹6.90 LPA, reflecting the lucrative opportunities available in this dynamic field.
Admissions Now Open for the MBA in Data Analytics & Business Intelligence
Prestige University invites aspiring professionals to take the next step in their careers by enrolling in the MBA in Data Analytics & Business Intelligence program. This comprehensive curriculum not only equips students with vital analytical skills but also provides practical experience through internships and projects, ensuring they are well-prepared to tackle the challenges of a data-driven business environment. With an increasing demand for skilled professionals in this field, this program offers a unique opportunity to become a leader in analytics and drive strategic decision-making within organizations. Admissions are now open, providing a pathway for students to unlock their potential and make a significant impact in the world of business analytics.
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