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BUSINESS ANALYTICS
FOR MANAGERS Harness the power of analytics to make real-time, data-driven decisions
Harness the power of analytics to make real-time, data-driven decisions
GET PROGRAMME INFO
STARTS ON TBD
DURATION 7 Months Live Online Sessions 3 Hours/ Sunday 3:30 PM - 6:30 PM
PROGRAMME FEE
INR 1,52,500 + GST (Inclusive of Registration Fee) View Payment Plan Loan offered at EMI of INR 6,217 Special Corporate Enrolment Pricing
ELIGIBILITY Graduates in any discipline with minimum 4 years of work experience Prerequisite
Starts on TBD
Duration 7 Months
Programme Fee INR 1,52,500 + GST (Inclusive of Registration Fee)
PROGRAMME HIGHLIGHTS
It's the era of big data. Companies around the world are eager to expand their data science expertise and advance rapidly by leveraging the power of data analytics. XLRI VIL's Business Analytics for Managers programme has proven beneficial for professionals across industries, interested in utilising analytics to help apply organisational data analytics for effective real-time business decision-making.
Learn from One of India's Leading B-schools
Interact with Leading XLRI Faculty and Industry Experts
Explore Peer-to-peer Learning & Feedback
Gain Industry-oriented Learning Through a Capstone Project
Receive a Certificate of Completion from XLRI
Learn from One of India's Leading B-schools
Interact with Leading XLRI Faculty and Industry Experts
Explore Peer-to-peer Learning & Feedback
Gain Industry-oriented Learning Through a Capstone Project
Receive a Certificate of Completion from XLRI
LEARNING OUTCOMES
Gain a robust understanding of the tools and techniques used in analytics, data science and artificial intelligence
Take the lead in building a data-driven organisation and facilitate its growth
Develop expertise in managing teams adept in data analytics
Evaluate investment decisions for analytics projects in your organisation
Identify areas in your organisation where business analytics can be productively and seamlessly applied
Understand data privacy and ethical concerns around data management, along with strategies on how to mitigate them
PROGRAMME DIRECTORS
Dr Abhishek Chakraborty
Production, Operations & Decision Sciences
Dr Supriya Kumar De
Production, Operations & Decision Sciences
PROGRAMME MODULES
- Data and data literacy in organisations
- Types of analytics - descriptive, predictive and prescriptive
- Use cases of Analytics - An introduction
- Good and bad analytics
- Deriving organisation’s data science objectives from strategic business objectives
- Building hypothesis for organisational decision-making: use cases from different verticals
- Limitation of analytics – where intuition still wins!
- Case Study: Harvard article on "Data Science and Art of Persuasion"
- Describing and presenting data
- Applying measures of central tendency in business metrics
- Probability and its application in business
- Sampling theories and their application in business
- Hypothesis testing, use cases in business
- Analysis of variance, use cases in business
- Correlation and regression, use cases in business
- Principal types of algorithms
- Application of Bivariate and Multiple linear regression models
- Classification algorithms – concepts and use cases
- Clustering algorithms – concepts and use cases
- Design of recommendation systems
- Modelling approach to decision-making
- Linear Programming approach to solving a business problems, example:
- a. Make-Buy decision
- b. Investment decision
- c. Blending problem
- d. Production and inventory planning problem
- e. Multi-period cash flow problem
- Sensitivity Analysis and Simplex Method
- Data management and querying
- Data extraction, transformation and loading (ETL) techniques
- Fundamentals of data warehouse
- Overview of the technology stack to support analytics
- Scope and benefits of digital media analytics
- Types of digital media analytics
- Consumer insights using web and mobile app analytics
- Social media analytics
- Overview of text mining and sentiment analysis
- Online reputation management
- Understanding Big Data
- Understanding applications of Big Data
- Big Data application tools – Hadoop, MapReduce
- Exploiting Big Data for business decision
- Examples from Facebook & Google
- Fundamentals of Deep Learning
- Deep, Convolution and Recurrent Neural Network – concept
- Use cases of Deep Learning in different industry verticals
- Fundamentals of Reinforcement Learning
- Use cases of Reinforcement Learning in industry
- The art of storytelling with data
- Data visualisation – concept and application
- Using self-service data visualisation tools (e.g. Tableau) to generate management reports and dashboards
- Visualising data using infographics
- Evaluating an Analytics report
- Data Science project management methods and governance
- Application of Agile
- Managing organisational change
- Developing and managing a data science project contract
- When is investment in data science justified and when not
- Identifying and quantifying benefits of a data science for an organisation
- Estimating investments in a data science project
- Estimating return on investment in a data science project
- New organisation roles and governance for a data-driven organisation
- Recruiting and retaining data science talent pool
- Scaling a data team
- Vendor eco-system for data science services
- Ethical concern on data privacy and trust in Analytics
- Methods to preserve the privacy of sensitive data
- Legal issues on data privacy
- Recent case studies
The participants will be asked to work on a Capstone Project for an industry domain of their preference. It is expected that the participants will work on a live data set from their own organisation.
PROGRAMME CERTIFICATE
Participants will be awarded a completion certificate in Executive Development Programme in Business Analytics for Managers from XLRI on completing all evaluation components, including the capstone project and maintaining a minimum attendance of 70%. Participants who complete all evaluation components but have attendance less than 70% and more than 50% shall be awarded a participation certificate.
Note: All certificate images are for illustrative purposes only and may be subject to change at the discretion of XLRI VIL.
PARTICIPANT TESTIMONIALS
"The topics covered have helped my decision-making capabilities as these will now be more data-driven."
Paresh Narula
Country Manager, Crane Payment Innovations Inc.
"The best part of the programme was learning the available technologies like Google Analytics, KNIME and Amazon Sage. Some real-life examples from Prof. Atanu were excellent."
Amlan Bhattacharya
Senior Engineering Team Leader, Schlumberger Tech Corp
PAST PARTICIPANT PROFILES
Work Experience
Limited seats available. Early applications are encouraged.
View Payment Plan
Loan offered at EMI of INR 6,217
Special Corporate Enrolment Pricing
Registration Deadlines
ROUND 1 Last Date: TBD Registration Fee: INR 2,500 + GST
ROUND 2 Last Date: TBD Registration Fee: INR 2,500 + GST
Erulearning Solutions Private Limited (a company incorporated in India) is a subsidiary of Eruditus Learning Solutions Pte Ltd (a company incorporated in Singapore), and operates under the brand name of 'Eruditus' and 'Emeritus'.
View Payment Plan
The following instalment options are available for XLRI VIL's Business Analytics for Managers:
Programme Fee: INR 1,52,500 + GST
(inclusive of registration fee)
| Instalment Amount | Remarks | |
|---|---|---|
| Booking Amount | INR 22,500 + GST | At the time of registration |
| Instalment 1 | INR 50,000 + GST | TBD |
| Instalment 2 | INR 50,000 + GST | TBD |
| Instalment 3 | INR 30,000 + GST | TBD |
Note: The booking amount is inclusive of registration fee.
Registration Deadlines
| Registration Fee | Dates | |
|---|---|---|
| Round 1 | INR 2,500 + GST | TBD |
| Round 2 | INR 2,500 + GST | TBD |
Note:
1. Admissions are on a first-come, first-serve basis. There might not be subsequent rounds if seats are filled in the initial rounds.
2. GST (currently @ 18%) will be charged extra on these components.
Eligibility for XLRI VIL's Business Analytics for Managers is graduates (10+2+3) in any discipline from a recognised university with minimum 4 years of work experience.
Please visit https://www.xlri.ac.in/ to explore more programmes with respect to your education and work experience.
Prerequisite
- Mathematics or Statistics as a subject in Class XII or Graduation
- Working knowledge of Excel
- Additionally, familiarity with any programming language could be helpful but not necessary
Special Corporate Enrolment Pricing
Special pricing up to 15% discount is available if you enrol with your co-workers.
Student Loans and Financing
Emeritus has partnered with student loan provider who can provide loans to Emeritus' students. You may be able to avail a student loan if you meet the conditions set by the loan provider. The loan providers that we have currently partnered with are:
- Propelld (https://propelld.com)
- Eduvanz (https://eduvanz.com)
Student Loan Details
| Programme Fee | Maximum Loan Amount Available | Tenure (months) | EMI |
|---|---|---|---|
| INR 1,52,500 + GST | INR 1,68,150 | 36 | INR 6,217 |
Note:
- The above EMI's are indicative. The EMI's offered by each of the loan providers might vary from the above figures, depending upon tenure and loan amount to be disbursed.
- Other EMI tenures available (Months):
Propelld: 6/12/18/24/30/36/42/48
Eduvanz: 12/24/36/48
How to apply for a student loan?
STEP 1: You must complete the
- Application process for the programme
- Pay the application fee or booking amount (as appropriate for the programme)
- Receive an email from the educational institution confirming your selection for the programme
STEP 2: You must complete the loan application form available at the below mentioned URLs
- For Propelld at https://propelld.com/signin
- For Eduvanz at https://eduvanz.com/emeritus-india
If you need assistance in filling out the loan application form please email Emeritus at info@emeritus.org.
STEP 3: An agent from the loan provider will call, email or visit you and assist you with your loan application. Loan approvals take varying amounts of time. You can discuss how long it would take with the agent who speaks to you.
Please Note:
- Emeritus does NOT make any recommendation on whether students should or should not avail of a loan to enroll into its programmes. The decision of whether to avail of a loan is exclusively your decision to make.
- Approving of a loan is a decision made exclusively by the loan provider. The loan provider may decline your loan application.
- Emeritus does not recommend any specific loan provider. You are required to conduct your own due diligence before making a choice of the loan provider. Please note that loan providers will charge an interest in providing you with a loan. Loan providers may include other charges such as a processing fee, documentation charges etc. before disbursal of loan.
- Emeritus encourages students to carefully read the terms and conditions of loan providers before availing of a loan.
- Emeritus does not bear any financial obligation related to the loan you apply for. Your financial obligation on the loan you avail of is to the loan provider.
- If you default on your loan repayment obligation to a loan provider, Emeritus may notify you to meet your loan repayment obligation.
- Your loan provider may initiate loan recovery proceedings as per applicable law.
- Your loan provider will transfer the loan amounts directly to Emeritus as required under the arrangement that the loan provider has with Emeritus.
- On specific request by the loan provider, Emeritus may inform the loan provider about your employment status, the programme fee, the programme duration and your attendance information on the programme.
- Failure to obtain a loan by you cannot be a reason to seek delayed payment schedule from Emeritus and the grant of admission may be withdrawn, if payments are not made by the student as per the listed payment schedule.
FAQs
Does XLRI have business analytics? ›
XLRI VIL's Business Analytics for Managers programme has proven beneficial for professionals across industries, interested in utilising analytics to help apply organisational data analytics for effective real-time business decision-making.
Which business analytics course is best in India? ›The field of Business Analytics drives practical and data-driven changes in business and the analytical study of data. MBA in Business Analytics is the most popular business analytics course and offers the best career opportunities in the field.
Is it worth doing MBA in Business Analytics? ›Is an MBA in Business Analytics worth it? Yes. From marketing managers seeking data about customers to financial analysts calculating investment decisions, data has become a fundamental part of the business.
Which is better MS in Business Analytics or MBA in Business Analytics? ›Ans. After completing the course, MBA graduates can expect extraordinary salary growth compared to MS in business analytics courses. Therefore, if you want a better package, choose the MBA between master of business analytics vs MBA in business analytics.
Is it easy to crack XLRI? ›Having a good understanding of the syllabus and pattern of the exam - XAT, being one of the tough MBA entrance exams, requires hard work and dedication. To crack XLRI' s entrance exam in the first attempt only, it is necessary to start preparation six to seven months prior to the XAT 2023 entrance exam.
Can an average student crack XLRI? ›If you study hard and practise mock tests regularly and also answer the question section wise avoiding negative marking, then one average student too can crack XAT examination and get admission in XLRI.
What is the starting salary of an MBA in business analytics? ›Business Analytics salary in India ranges between ₹ 1.8 Lakhs to ₹ 27.7 Lakhs with an average annual salary of ₹ 7.0 Lakhs. Salary estimates are based on 104 latest salaries received from Business Analyticss.
What is the highest salary of business analyst in India? ›The salary of business analysts in India ranges from ₹300,000 p.a. to ₹1,290,000 p.a. The average salary of a business analyst in India is ₹625,000 p.a.
What is the salary of business analytics in India per month? ›Average salary for a Business Analyst in India is 6.9 Lakhs per year (₹57.5k per month).
Is business analytics difficult? ›The short answer is no. Business analytics is less about hardcore technical aptitude – especially compared to something like data science – and more about generating real-world insights from large bodies of data.
What is the highest salary for MBA in business analytics? ›
MBA in Business Analytics: Salary
At an entry level, one can get Rs 4.50 lacs to 7.50 lacs salary per annum. Below is a distribution of remuneration based on job titles and experience. Data Scientist, Qualitative Analyst, Predictive Modeller etc.
- USA. The USA is home to some of the best business schools and universities and demand for business analysts is the highest. ...
- Switzerland. ...
- Netherlands. ...
- United Kingdom. ...
- Ireland. ...
- France. ...
- Germany. ...
- Singapore.
The average data analyst's salary could go up to $72,250 per year. It also depends on the company, job role, and geographical location matters. A data business analyst's salary is typically higher, averaging $78,500/year. Again, the candidate's skillset, profile, company brand, and location factor in.
Is business analytics better than marketing? ›No matter the career path, business analysts exceed their marketing counterparts in average salary. A business analyst with an IT background earned an average salary of $68,401, according to PayScale (source). Top earners in this line of work made an average of $96,000.
Is there a demand for business analytics? ›The demand for business analysts has increased in recent years and is projected to continue. The US Bureau of Labor Statistics (BLS) projects job growth between 2020 and 2030 for similar roles to range from seven percent (computer systems analysts) to 25 percent (operations research analysts) [2, 3].
What is lowest package at XLRI? ›...
| Institute | Year | Lowest salary package (maximum earning potential) |
|---|---|---|
| XLRI, Jameshedpur | 2014 | INR 10-11 lakh per annum |
XLRI Jamshedpur and XLRI Delhi NCR has successfully achieved 100% placements for the outgoing batch of 2021-23 for its flagship programs Two-year PGDM (BM) and Two-year PGDM (HRM) with all 463 candidates securing offers through the Final Recruitment Process. The Final Placement process was conducted in two stages.
Is 2 months enough for XAT? ›...
Top MBA Entrance Exams.
| CAT 2022 | XAT 2023 | MAT 2022 |
|---|---|---|
| CMAT 2023 | IIFT 2023 | SNAP 2022 |
| TISSNET MBA 2023 | IBSAT 2022 | NMAT 2022 |
XLRI – Xavier School of Management (XLRI or formerly Xavier Labour Relations Institute) is a private business school run by the Society of Jesus (Jesuits) in Jamshedpur, Jharkhand, India.
Can CAT be cleared in 3 months? ›Yes, though it seems like an arduous tak, it is possible to crack CAT in 90 days. Whether or not you ace CAT depends not on the time you have in hand but how effectively and strategically you utilise that time. With the right guidance, preparation and exam strategy you can be prepared for CAT in lease than 3 months.
Can XAT be cleared in 3 months? ›
XAT preparation in 3 months - tips and tricks
If you want a favourable XAT 2023 result, start XAT preparation at least three months before the exam day. If you start from October, you will have three months to prepare for XAT 2023. The XAT question paper consists of questions from four sections: Decision Making.
An MBA professional in India can earn a starting salary of Rs. 10-12 lakhs per year. The average starting salary for an MBA graduate in India is Rs. 9 lakhs per year.
What is the highest MBA package in India? ›Many companies offer the Highest MBA Salary in India which ranges up to INR 32 Lakhs after completing the course in any management college.
Which business analyst has highest salary? ›- Business Systems Analyst ($93,000 average salary). ...
- Business Intelligence Analyst ($87,000 average salary). ...
- Business Process Consultant ($110,000 average salary). ...
- Business Development Director ($195,000 average salary).
Contrary to popular belief, business analytics does not involve extensive coding, math, or knowledge of computer science. It's a great career fit for those who enjoy solving complex problems and offering practical conclusions based on real business data.
Which company gives highest salary in India for MBA? ›- EY, HDFC BAnk, Accenture, TCS, ICICI Banks are the top recruiters for MBA Finance candidates. ...
- MBA salaries in India will depend on your experience level. ...
- The average salary of entry-level MBA salary in India is of Rs 290,000.
Yes, being a business analyst is a stressful job.
This is because their role is involved with looking at huge amounts of data, synthesizing it, and using that information to help their company make decisions. This can be stressful as a wrong analysis can have massive repercussions.
MBA salary in India ranges from INR 7,00,000 to INR 12,00,000 per year for various MBA programmes. The average MBA salary in India in 2021, according to payscale, was INR 7,71,801. MBA is the one of the most well-paid postgraduate courses.
Which job has highest salary in India? ›- Medical Professionals (Doctors and Surgeons)
- Data Scientist.
- Machine Learning Experts.
- Blockchain Developer.
- Full Stack Software Developer.
- Product Management.
- Management Consultant.
- Investment Banker.
On average, the US typically pays the highest data analyst salaries, followed by countries including Germany, Australia, the Netherlands, and Canada.
How do I pass business analytics exam? ›
- Keep your eye on the time.
- Don't change your mind if you are unsure of the answer.
- Skip questions you don't know the answer for.
- Read the questions first, then the answer, and then the scenario.
While the ability to program is helpful for a career in analytics, being able to write code isn't necessarily required to work as an analytics professional. Apart from the above languages, statistical software such as SPSS, SAS, Sage, Mathematica, and even Excel can be used when managing and analyzing data.
Is business analytics an IT job? ›IT business analysts are knowledgeable in both business and information technology. Liaising between IT and the executive branch, enhancing the quality of IT services, and understanding business needs are among their major roles.
Which branch of MBA is highly paid? ›The highest paying MBA specialisation is Business Analytics and Finance.
Is MBA in Business Analytics in demand in India? ›The answer is yes, it definitely is! In the MBA, students learn how to use various statistical and analytical tools in business.
What job can I get after MBA in Business Analytics? ›- Marketing Manager.
- Personal Financial Advisor.
- Financial Analyst.
- Management Analyst.
- Business Intelligence Analyst.
- Business Analytics Specialist.
- Management Consultant.
- Operations Analyst.
What are the requirements that students must meet to pursue their MS in Business Analytics? Work experience is not necessary to pursue an MSBA program. The programs are usually structured to cater to people from all backgrounds and all levels of work experience, unlike an MBA program where work experience is a must.
Which MBA is highest in-demand? ›- International Management. ...
- Strategy. ...
- Consulting. ...
- Finance Leadership. ...
- Entrepreneurship. ...
- Marketing. ...
- Operations Management. ...
- IT or Technology Management. A specialized MBA in IT or Technology Management puts MBA graduates at the cutting edge of UX, design, and the flow of information technology.
...
Table of Contents
- MBA in Digital Marketing.
- MBA in Business Analytics.
- MBA in Data Analytics.
- MBA in Entrepreneurship.
Business analysts must have at least a working knowledge of the technology involved in analytics, though the need for hard technical skills is generally lower than for data analysts.
Can an analyst be CEO? ›
Analyst took the third-ranking spot as the most common first job of CEOs, following consultants and software engineers.
Is business analytics high paying? ›The national average salary for a Business Analytics is ₹8,44,734 in India.
Is business analytics a high paying job? ›Business analytics helps gain insights into processes to improve decision-making strategies. Business analytics is one of the highest-paid data analytics jobs.
Is IT worth doing business analytics in USA? ›A career in Business Analytics in the USA
The USA is always in demand of professionals dealing with data. The data analytics market in the USA is worth around USD 30 billion. In the past year, international students with required skills in demand have been hired 30-32% more.
| The Top 10 Universities for Masters in Business Analytics Degrees in 2020 | ||
|---|---|---|
| Global Rank | Location | University |
| 1 | United States | MIT Sloan School of Management |
| 2 | US | UCLA Anderson School of Management |
| 3 | France & Singapore | ESSEC/CentraleSupélec |
B.S. in Business Administration: This degree is ideal for business analytics professionals because it provides a strong foundation in business theory and strategy.
What courses does XLRI offer? ›- PGDM - General Management. 15 months. Strategic Management. Information Systems. Human Resource Management. Organization Behaviour. ...
- PGDM - Business Management. Finance. Information Systems. Marketing. Organisational Behaviour. ...
- Global MBA. August. Marketing. Finance. Strategy. ...
- PGDM - Human Resource Management.
IIM Bangalore, IIM Calcutta, Great Lakes, LBSIM have more or less common courses and syllabus for MBA in Business Analytics.