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online executive programs in business analytics

Updated at : April 4, 2024

Online Executive Programs In Business Analytics

In today's data-driven world, there is a growing demand for business analytics specialists. Companies across sectors use data to make better decisions and gain a competitive advantage. As a result, business analytics has emerged as an essential skill set for executives seeking to remain relevant in their areas and improve their careers.

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No. of Universities

5

Course Duration

3 - 24 Months

Eligibility

Graduation + Work Experience

Learning Mode

Online

EMI Facility

Available

Business Analytics Program Overview

Professionals may now gain essential knowledge and abilities in business analytics without disrupting their work schedules thanks to the introduction of online executive programs. Online executive programs in business analytics are training programs that are particularly developed for working professionals who want to improve their knowledge and abilities in business analytics. These programs are usually given online, allowing participants to access course materials and complete assignments quickly and conveniently.

These programs' major goal is to give executives a thorough grasp of business analytics and its applications in diverse sectors. Data management, statistical analysis, data visualization, machine learning, and predictive modeling are frequently included in the curriculum. Executives who master these skills may successfully evaluate massive datasets, draw significant insights, and make data-driven choices to enhance company outcomes.

Online executive programs in business analytics allow participants to match their learning goals with their work duties. In addition, because the coursework is asynchronous, executives may access lectures, readings, and assignments anytime and from anywhere. This freedom allows people to further their studies without disrupting their job schedules or jeopardizing their careers.

Furthermore, these programs frequently combine experiential learning approaches, like case studies and projects, to give possibilities for practical application. Real-world scenarios are presented to executives, allowing them to apply their knowledge and talents to solve challenging business challenges. This hands-on approach improves their problem-solving and critical thinking abilities, preparing students to face obstacles in their professional jobs. 

Key Highlights of Business Analytics In India

Online executive programs in Business Analytics have numerous key advantages. Some of the key highlights are mentioned below:

  • Because the coursework is asynchronous, individuals may access materials and complete assignments at their own pace and convenience without interfering with their professional responsibilities.
  • The curriculum for these programs is intended to give a thorough grasp of business analytics, such as data management, statistical analysis, data visualisation, machine learning, and predictive modelling.
  • Many online executive programs use case studies, projects, and simulations. These hands-on exercises allow participants to apply their knowledge to real-world circumstances, which improves their problem-solving and critical-thinking abilities.
  • Participants learn the practical use of business analytics methodologies which prepares professionals to make data-driven decisions and solve complicated business challenges, allowing them to succeed in their careers.
  • Faculty of these programs are industry professionals who offer real-world expertise and insights to the virtual classroom, ensuring that participants receive industry-relevant education that is current and best practices.
  • Virtual networking platforms are provided by online executive programs, allowing participants to engage with peers and industry experts from various backgrounds and geographical regions.
  • Successful completion of these programs culminates in a certificate and alums status by the university or institution that offers the program.
  • Online executive programs frequently incorporate live sessions where participants may communicate in real-time with instructors and other participants.
  • Some online executive programs provide EMI (Equated Monthly Instalments) payment alternatives to make the program more affordable.
  • Many programs provide daily doubt-resolution sessions where members can seek clarification and acquire answers to their instructor queries. These sessions guarantee that participants comprehend the course material and may advance their study with understanding.

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Business Analytics Course Subjects/Syllabus

The curriculum of online executive programs in business analytics may differ based on the program and university that offers it. However, the following themes are often covered in these programs:

Introduction to Business Analytics

Data Management and Data Warehousing

Statistical Analysis and Data Visualization

Predictive Analytics and Machine Learning

Big Data Analytics

Text Analytics and Natural Language Processing

Decision Support Systems and Business Intelligence

Industry Applications and Case Studies

Business Analytics Eligibility & Duration

The criteria for admission to online executive programs in business analytics differ based on the university and program. Here is an example of qualifying criteria based on the information provided:

  • A Bachelor's degree is typically necessary to be considered for an online executive program in business analytics. However, the degree can be in any subject.
  • Many universities require candidates to have a minimum aggregate score of 50% or equivalent at the undergraduate level. This criterion guarantees participants a strong basis for advanced business analytics studies.
  • For executive programs, relevant job experience is frequently required. The time and nature of the requisite experience may differ. Some programs may need a certain number of years of professional job experience, whilst others may prefer applicants with management or analytical experience.
  • Standardized assessments such as the TOEFL or IELTS may require applicants to show their language proficiency.

It's crucial to remember that these qualifying requirements are only examples; actual program requirements may change. It's a good idea to look through the precise qualifying requirements provided by the university offering the online executive degree in business analytics you're interested in. Furthermore, certain universities may assess applications individually, considering variables such as professional accomplishments and credentials in place of strict qualifying requirements.

The duration of online executive programs in business analytics varies according to the program and the institution. As you indicated, the period usually ranges from three to twenty-four months. The program length is frequently structured to meet the demands of working professionals, allowing them to balance their education with their professional obligations.

Shorter programs of 3 to 6 months in length frequently give a condensed and rigorous learning experience, concentrating on critical themes and abilities in business analytics. These programs are appropriate for professionals searching for a rapid upskilling opportunity or wanting to quickly obtain specialized information.

Longer programs, lasting 12 to 24 months, provide a complete curriculum, allowing learners to dive deeper into various facets of business analytics. In addition, these programs provide extra time for in-depth study, practical applications, and networking and cooperation possibilities. 

When deciding on the length of an online executive program in business analytics, keep your goals, availability, and personal circumstances in mind. Longer programs may give a more comprehensive and immersive learning experience, whilst shorter programs may provide targeted information and skill gain in a shorter time frame.

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Program Fees for Business Analytics

Starting at ₹ 6,776/month

Program Fee: ₹25,000 - ₹1,53,000

Low Cost EMI Available

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This online executive program can be completed in the fee range of 1-1.5 lakhs INR. This price range varies as per your choice of university or institution. At some universities, you can even get special discounts which will lower the price of this course for you. However, you need to meet the terms & conditions decided by the university for it.

Business Analytics Admission Procedure

The admission process for online executive programs in business analytics may differ depending on the university offering the program. However, some systematic processes in the admissions process can help you complete it smoothly. The first step is to fill out and submit the online application form given by the university. Personal details, school history, job experience, and any extra paperwork or declarations necessary by the program are normally requested on the form. 

You must give information about your educational qualifications and work experience, such as transcripts or certificates from prior academic institutions, job titles, responsibilities, and experience letters. The university sometimes requires a bachelor's degree or equivalent from an approved university. Some programs may additionally demand a minimum GPA or aggregate score. Submit all the other required documentation, including your Statement of Purpose and letters of recommendation. These letters contain information about your personality, talents, and potential as a candidate for the program. 

Pay the application and program fees after submitting all the documents. Depending on the program and university, you may be invited for an interview as part of the admissions process. The interview might be in person, over the phone, or via video conferencing. It allows the program faculty or admissions committee to assess your suitability for the program. The university will notify you of its admission decision after considering your application, credentials, and supporting documentation. This could be a letter of acceptance, conditional acceptance, or rejection.

It is critical to thoroughly research the entrance requirements and deadlines set by the individual university offering the online executive program you are interested in. In addition, each institution may have its standards and protocols, so it's critical to follow their directions and submit all relevant papers on time.

 
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Growth of Online Education in India

  • Online education in India is set to grow at a CAGR of 19.9% by 2030.
  • Skill development and employment are the major driving forces for this growth.
  • Higher education is gaining popularity in this online medium.
  • Financially affordability is a significant contributor to this boom.
  • The increased adoption of technologies, i.e., the Internet and smartphones, has increased accessibility significantly.
  • The advantage of flexibility in terms of time and location is the key highlight.
Growth of Online Education in India

Education Loan/EMI Facilities for Business Analytics

As a working professional, you might be stepping back from upskilling with this online program because of its high fee packages. However, you can now opt for the education loan facilities offered by your university in collaboration with some fund-releasing organizations to fund this higher education of yours. This facility is open to all applicants but you need to submit some additional documents & must meet all the criteria to avail of it. Generally, the eligibility criteria for education loans are quite simple & can be confirmed after finalizing the university for your program.

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Is Business Analytics Worth it?

Pursuing an online business analytics executive program makes you a competent business professional who is equipped with the ability to recognize the latest trends, detect outliers, & summarize the data precisely based on your organization's needs. The technical understanding of developing & testing hypotheses to make informed & beneficial business decisions is one of the key highlights of this course. This program not only enhances your knowledge in the field of data management & statistics but also elevates your judgment capabilities to quickly resolve real industry problems. 

The technicalities learned in this program transform you into a professional who holds expertise in this field from a learner. Thus, the learning outcomes of this program are quite beneficial for your personal & professional growth. With a certification in this domain, you can grab some amazing job opportunities in the top-rated organizations in the country. Moreover, the big-fat payscales of the job profiles offered after this online program are some of the best you can earn in the industry.

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Job Opportunity after Business Analytics

Applicants pursuing online executive programs in business analytics may expect to find rewarding employment opportunities in various sectors and jobs. As firms increasingly appreciate the importance of data-driven decision-making, the area of business analytics is expanding rapidly. Applicants might expect the following work opportunities. 

Data Analyst

Business Intelligence Analyst

Data Scientist

Data Engineer

Business Analyst

Consultant

Product Manager

Risk Analyst

Marketing Analyst

Strategy Analyst

Top Recruiters for Business Analytics

In India, a business analyst earns a package between 3 to 15 LPA with an average of 6.7 LPA. The variation in your earning package is based on your level of education in this domain, experience, skills, & the reputation of the hiring firm. The top MNCs in the country frequently hire business analytics professionals at relatively higher salary packages. Thus, an online executive course can enhance your growth in both designation & financial terms.

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Let's clear up some doubts about Business Analytics

Company analytics is extracting insights from data utilising data analysis tools, statistical models, and prediction algorithms to make educated company choices and generate strategic objectives.

Professionals who want to use data-driven insights to improve their decision-making and progress their careers can consider enrolling in an online executive degree in business analytics.

Online executive programs include learning schedule flexibility, convenience, access to top schools and professors, networking opportunities, updated content, interactive learning technologies, cost-effectiveness, and ongoing support and resources.

Eligibility criteria vary but often include a bachelor's degree in any discipline and a minimum aggregate score at the undergraduate level, such as 50%. In addition, relevant job experience is frequently required, although the length and kind of necessary experience may vary.

The length of these programs might range from three to twenty-four months, depending on the curriculum and institution.

 

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