Business Analytics

It is difficult to pinpoint an exact official ranking for ILAM Jaipur specifically in BBA (Business Analytics & Data Science) programs. However, it's important to consider that rankings can vary depending on the source and methodology used. To find a relevant ranking, you may need to check reputable sources like NIRF, various business ranking publications, or university-specific rankings. Additionally, you can explore Justdial, which lists several BBA colleges in Jaipur, including ILAM, and also provides user ratings. 

After completing an MS in Business Analytics, students can expect an average salary of INR 9L to INR 8 Cr depending on the location, experience, and industry.  In India, an MS in Business Analytics can range between INR 3L and INR 17 L annually. On the other hand, the salary can range between INR 66L and INR 8Cr in the USA.

There is a huge scope for pursuing Business Analytics. Industries like technology, finance, healthcare, marketing, and consulting, depend on data-driven decisions taken by skilled professionals. Students can pursue roles such as data analyst, business intelligence analyst, data scientist, and even strategic consultant. Also, they are equipped with leadership roles with a focus on both technical and business strategy. Due to the excessive demand for big data, artificial intelligence, and machine learning, the need for analytics professionals has increased, offering a broad range of career opportunities worldwide.

Students must fulfill the basic eligibility to pursue an MS in Business Analytics and submit the mandatory documents to complete their admission process. The eligibility criteria for MS in Business Analytics are discussed below:

• A bachelor's degree in a field like Business, Engineering, Computer Science, or Mathematics
• A GPA of 3.0 or higher (on a 4.0 scale)
• GRE or GMAT scores, though some programs may waive this for candidates with work experience or a high GPA.
• English Proficiency scores may be required
• Relevant work experience (1-3 years)
• Academic or professional references supporting your application
• Statement of Purpose/Essays

MS in Business Analytics can be challenging for those having no interest, but it's very manageable with interest and effort. The programme includes technical subjects such as statistics, programming (Python, SQL), machine learning, and data modeling with business strategy and communication. If students are comfortable with numbers, logic, and problem-solving, they will enjoy studying MS in Business Analytics irrespective of having a technical background as most of the programs start with foundation courses.

An MS in Business Analytics includes both technical and business-focused topics like statistics and probability, data management, programming, and more, designed to turn raw data into smart decisions. Some core topics covered in MS in Business Analytics are discussed below:

• Statistics & Probability
• Data Management
• Programming
• Machine Learning & AI
• Data Visualization
• Optimization & Decision Models
• Big Data & Cloud Computing
• Business Strategy & Communication

The four types of Business Analytics are descriptive, diagnostic, predictive, and prescriptive. Students can check the table below for the types and how these types help:

MBA or MS in Business Analytics, are equally valuable degrees. It depends on the student's goal whether they want a leadership responsibility or want to be an analyst. An MBA in Business analysis focuses more on business roles, startups, and executive paths whereas, an MS in Business Analytics is more technical, and deals with data analysis, programming, statistics, and mechanical learning. MS in Business Analytics is best for those who love working with data and want to become an analyst, data scientist, and consultant.