Top career paths after PGDM in Business Analytics
In times of this disruptive technology upheaval, rightfully, data has become a prominent asset to a business enterprise mainly because of its endless uses and channel options. In the past years, various multinational companies have grown bigger because they can leverage data to their advantage. In simple words, Business Analytics means analyzing business data to make decisions for the future. It is a process of studying, analyzing, sorting, and processing business data of the past to improve business decisions of the future. Analysis of business data needs a combination of applications, skills, and technology to gain an understanding that can be useful to various departments like finance, marketing, and management.
The course of PGDM in Business Analytics helps businesses in dealing with data-driven and technology environments in the world of business where there is a need to save expenses and increase efficiency.
Top career paths for the Business Analysts
1. Investment and banking sector:
Career profile includes Financial Analyst, Investment Analyst, and bank analyst. Special financial decisions such as generating summary reports, looking over financial models, structuring documentation relating to financial arrangements, ensuring compliance with federal regulations, etc., are some responsibilities and roles of a business analyst who works in this sector.
Praxis Business School 2023 provided MBA students with a median package worth INR 9.08 LPA. In other words, half of the students received a package of at least INR 9.08 LPA, and the other half received a package worth at most INR 9.08 LPA. Because it is unaffected by a small number of extremely high or extremely low wages, the median package is a more accurate depiction of the normal salary offered to MBA graduates than the average package.
2. Advertising and marketing industry:
Career profile includes Campaign Manager, Marketing Manager, and Market research Analyst. The marketing industry uses the qualification of data analysts by taking their marketing mix ideas. Pitching a product, the target customers at the perfect time, or forecasting fluctuations are the decisions that can be made through the expert guidance of the business analyst.
3. Healthcare sector:
Executing and devising policy frameworks as well as maintaining databases for the medical facility as the key responsibilities of a healthcare analyst, alongside evaluating and providing input that substantiates plausible solutions.
4. Software and Information technology sector:
The career profile includes Project Manager, IT Analyst, and Software Analyst. The role of a business analyst in the tech industry spans different responsibilities that range from the initiation of any project to its execution. Establishing effective communications between developers and stakeholders to lay out the needs, taking over research specifications, defining the scope, and conducting acceptance tests come under the working bracket of the business analyst.
5. Human Resource sector:
Career profiles include HR Director, HR Analyst, HR Strategist, and HR Consultant. Candidates in search of work as an analyst in the HR sector need to fulfill responsibilities like analyzing statistics to bring out patterns in recruitment, turnover, hiring practices, employment regulations, and organizational policies.
As a profession, Business analytics is becoming a largely pursued domain for its applicability across various industries. Mining and crunching data to squeeze a lot of strategic resolutions and to implement them for the purposeful movement is a skill excelled by business analysts. Hence students taking up this degree shine to work in dynamic, respectable, and challenging roles with many career opportunities.
Note: The views expressed in this article are that of Praxis Business School and do not reflect/represent those of Shiksha
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Anything you would want to ask experts?Answered 2 months ago
Praxis Business School courses are offered to students at the PG and PhD levels. The college is mainly concerned with the Business Management stream and offers courses in full-time mode. The flagship programme offered at the Praxis Business School is PGDM. Further, the college offers this programme
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Answered 2 months ago
Praxis Business School provides several opportunities to students for industry exposure, internships, and placement assistance by a dedicated placement team. The college has a team that assists student to develop and clarify their academic and career interests. Some of the top recruiters at Praxis B
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Contributor-Level 8
Answered 2 months ago
Praxis Business School courses are offered to students at the PG and PhD levels. The college is mainly concerned with the Business Management stream and offers full-time courses to students. Praxis Business School courses are offered to students across several specialisations, including Marketing, F
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Contributor-Level 8
Answered 2 months ago
Praxis Business School admission 2026 is done based on entrance exam scores. The application process at Praxis Business School is conducted both online. Candidates can check the list of documents required for admission at Praxis Business School below:
- Class 10,12, graduation or post-graduation mark s
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Contributor-Level 8
Answered 2 months ago
Praxis Business School courses are offered to students at the PG and PhD levels. The flagship programme offered at the Praxis Business School is PGDM. To get admitted to Praxis Business School Kolkata, candidates must meet the eligibility criteria set by the college. The college offers admission bas
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Contributor-Level 8
Answered 3 months ago
The Praxis Business School is considered good for MBA placements. Check out the key insights for the Praxis Business School placements 2022-2024 for PGDM tabulated below:
Particulars | Placement Statistics (2022) | Placement Statistics (2023) | Placement Statistics (2024) |
|---|---|---|---|
the highest Package | INR 10.5 LPA | INR 17.6 LPA | INR 11 LPA |
Average Package | INR 7.32 LPA | INR 9.08 LPA | INR 7.4 LPA |
Total Students | 56 | 67 | 79 |
Students Placed | 55 | 65 | 78 |
Placement Rate | 98.20% | 97% | 99% |
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Contributor-Level 10
Answered 3 months ago
The college offers two courses, i.e., PGDM and FPM. Candidates must complete graduation as the basic eligibility criteria for the PGDM courses. Students can check the table below to know the course-wise eligibility criteria:
| Course Name | Eligibility |
|---|---|
| PGDM | Graduation with a minimum of 50% in any discipline from a recognised or Deemed University |
| FPM | Master's degree with at least 55% aggregate Four-year Bachelor's (BTech/ Hons. with Research) with 75% aggregate |
Contributor-Level 10
Answered 3 months ago
Praxis Business School is a premier B-School for Post-Graduate Diploma in Management (PGDM), located on the Southern outskirts of Kolkata. The college is recognised by the UGC and offers AICTE-approved courses to students. Further, Praxis Business School has been accredited by the NBA & AIU. Some of
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Contributor-Level 9
MBA placements at Praxis Business School are generally good. In the 2023 placement season, the average salary package offered to PGDM students was INR 9.46 LPA, and the highest package offered was INR 17.60 LPA. Some of the top recruiters included Goorej, LG, Kantar, TATA Steel, Vedanta, and HSBC.
Praxis Business School also offers a PGPDS programme in Data Science, and the average salary package offered to students in this programme in 2023 was INR 10.5 LPA. The highest package offered was INR 23 LPA.
Overall, Praxis Business School has a good track record of placing its MBA students in top companies with competitive salary packages. However, it is important to note that placements also depend on the individual student's performance and skills.