Why Study PGDM in Business Analytics & Data Science Program

Business Analytics and Data Science are the hottest fields of the 21st century that will enhance every segment of everyday life by 2025, from logistics and transport to healthcare and customer service.

PGDM Course in Data Science & Business Analytics is a two-year business management course that helps aspirants develop relevant skills to become business-ready management professionals. It is a diploma program rather than a degree program because only universities governed by the University Grants Commission (UGC) can award this degree.

According to a KPMG survey, market leaders manage risk while improving performance through Data Science and Business Analytics. Compared to only 47% of the other respondents to the study, 59% of market leaders relate the management of enterprise risk and performance using data analytics.

The PGDM Business Analytics and Data Science program is an interdisciplinary field of study that has gained the status of being all-pervasive across various domains and functions. Why? Because every individual's life depends on technology and data nowadays.

A KPMG survey predicted that 50% of the workforce would prepare for Data Science PGDM and related technologies in the next few years.

Data Science PGDM teaches students to analyse organisations' data using different software and systems. Also, it has become an essential part of companies which make conclusions based on scientific and research data. The course helps students learn the skills, applications, technologies, and processes that large organisations use, giving them a head start in data science.

Why is PGDM in Business Analytics And Data Science Course Unique?

The Data Science PGDM diploma program enables the students to succeed in business and management roles using data analytics by covering the curriculum with real-world case studies. The PGDM Business Analytics and Data Science course is unique in the following ways:

-Case studies and application-based curriculum

-Industry-relevant topics covered in detail

-Job-friendly and help you build a career in Data Science

-Hands-on experience with exposure to different tools such as Python, Tableau, R, and Advanced Excel.

Comparing Data Science to Business Analytics

PGDM Business Analytics and Data Science is one course, but to know the value of the domain separately, let's compare them-

Data Science PGDM

- It is the study of data using algorithms, technology, and statistics.

- Coding is widely used. This field combines traditional analytics practice with good computer science knowledge.

-Uses both structured and unstructured data.

-Studies almost every trend and pattern.

-Statistics is used at the end of the analysis following coding.

-Top industries where data science is used: finance, e-commerce, manufacturing, and machine learning.

Business Analytics PGDM

-It is the statistical study of business data to gain insights.

-Does not involve much coding. It is more statistics oriented.

-Uses primarily structured data.

-Studies patterns and trends specific to the business.

-The complete analysis is based on statistical concepts.

-Top industries where business analytics is used: healthcare, finance, marketing, supply chain, retail, and telecommunications.

Skills Honed by Course Graduates

The diploma program is designed with a vision of skills or knowledge students need in data science and analytics for a better job and career prospectus. It is designed to educate students on the effective use of statistics to enable better business or company decisions. Also, it provides a hands-on approach with a focus on skill-based learning. Have a look at essential skills that every student needs to excel in their career –

-Neural Networks,

-Descriptive Statistics

-Exploratory Data Analysis,

-Data Wrangling,

-Batch Processing of Data,

-Specialised learning with advanced statistics

-Machine Learning

-Deep Learning,

-Inferential Statistics,

-Hypothesis Testing

-Data Visualisation

-Data Mining & Big Data Analytics

The PGDM Business Analytics and Data Science course is known for its latest increasing breed of experts, which are highly needed today. It focuses on principles and techniques of Statistics, Computer Science, Data Technology and Mathematics to get an actionable vision from data. In short, if candidates are interested in pursuing this degree, they will undoubtedly end up with rewarding career options.