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Online Executive MBA In Business Analytics
The purpose of an online executive MBA in business analytics is to help seasoned professionals use data to improve their strategic leadership. This curriculum combines in-depth analytics training encompassing topics like big data, machine learning, predictive analytics, and data visualization with advanced management concepts. It equips leaders to use data to make smart decisions that encourage innovation and corporate expansion.Â
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For busy executives, the online model provides the flexibility to manage professional duties and study at the same time. Graduates can effectively spearhead data-driven projects, streamline corporate procedures, and boost their competitive edge in a range of sectors.
Online Executive MBA Business Analytics: Overview
An online executive MBA in business analytics is intended for seasoned professionals who want to use data-driven insights to improve their ability to make strategic decisions. With a focus on big data, machine learning, predictive modeling, and data visualization, this curriculum blends advanced business management education with in-depth analytics instruction.
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It gives CEOs the know-how to decipher complicated data, see trends, and come to well-informed judgments that propel their companies to success. For working professionals with demanding schedules, the online model offers flexibility in juggling job and school obligations.
Key Highlights of Online Executive MBA in Business Analytics
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PARAMETERS
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DETAILS
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LEVEL OF COURSE
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MBA
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COURSE DURATION
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2 Years
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ADMISSION PROCESS
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Direct/ Merit-based/ Entrance exam-based
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ENTRANCE EXAM
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CAT, XAT, MAT, SNAP, GMAT
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COURSE PEDAGOGY
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Online classes and Learning Management System (LMS)
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FEE RANGE
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5 - 20 Lakhs
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TOP UNIVERSITY
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ICFAI University Distance Learning, Amity University Online, NMIMS Global Access School for Continuing Education (NGA-SCE)
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JOB PROFILE
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Business Analyst, Data Analyst, Data Scientist
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AVERAGE SALARY
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11 - 12 LPA
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Why Choose an Online Executive MBA in Business Analytics?
- Value for Money : Compared to conventional on-campus education, online programs may be more affordable. Relocation, transportation, and lodging costs can be reduced, and a lot of online schools provide financial help and scholarships.
- Worldwide Approach : Students from all over the world are frequently drawn to online programs, which offer a global perspective on analytics and business. Your comprehension of worldwide markets and various business processes can be improved by this exposure to other countries.
- Enhanced Knowledge Established : Possessing both business acumen and analytical proficiency, an MBA in Business Analytics gives you a distinct advantage. Along with gaining a solid understanding of finance, marketing, and management, you will also acquire expertise in machine learning, statistical modeling, and data analysis. This dual emphasis equips you to lead analytical projects in your company and make data-driven decisions.
Who is Eligible to Choose the Online Executive MBA in Business Analytics?
- Knowledge in Education : The majority of programs call for a bachelor's degree from a recognized university. Numerous programs allow degrees from any subject, however, some favor applicants with a degree in business, economics, or a similar topic.
- Employment Background : Professional job experience, usually spanning from two to five years, is preferred or required by many online MBA programs. This practice makes it possible for students to participate in and gain from the program's practical, real-world focus.
- Quantitative Abilities : Having a foundation or basic grasp of statistics, data analytics, and related technical abilities can be helpful and occasionally expected, even if it's not usually a formal necessity.
Duration of Online Executive MBA in Business Analytics
- One-Year Programs : Designed for professionals who wish to finish their MBA fast, these programs are intense and expedited. They frequently have more demanding entrance criteria in terms of past job experience and academic standing, as well as a large time commitment.
- Two-Year Programs : In these more traditional two-year MBA programs, the coursework is spread out. They provide a more leisurely pace, which may be more manageable for professionals in the workforce.
- Part-Time Programs : These flexible courses can take two to four years to complete, depending on how many classes a student enrolls in each term. For those who have other duties on top of their studies, they are ideal.
Universities that Provide Online Executive MBA Program in Business Analytics
- ICFAI University Distance Learning : ICFAI provides a business analytics and data analytics concentration in its online MBA program. Business intelligence, statistical modeling, and data analysis are some of the subjects covered in the curriculum.
- Amity University Online : Amity University provides an online MBA program with concentrations in business intelligence and analytics. Predictive analytics, statistical modeling, data visualization, and data analysis are among the subjects covered in the curriculum.
- NMIMS Global Access School for Continuing Education (NGA-SCE) : NMIMS provides an online MBA program with a focus on business analytics. Predictive modeling, statistical analysis, data mining, and data management are among the subjects covered in the curriculum.
Topics Covered in Online Executive MBA In Business Analytics
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Semester 1
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Semester 2
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Management Concepts & Organizational Behavior
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Business Environment & Legal Aspect Of Business
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Managerial Economics
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Data Mining Techniques – Predictive Modeling & Pattern Discovery
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Financial Accounting For Managers
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Business Research Methods
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Business Statistics and Analytics
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Financial Management & Corporate Finance
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Marketing Management
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Operations Management
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Introduction To Data Science and Analytics & Data Science
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Quantitative Techniques For Managers
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Design Thinking
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Data Visualization & Descriptive Analytics
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Semester 3
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Semester 4
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Strategic Management
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Emerging Technologies in Global Business Environment
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Artificial Intelligence & Machine Learning
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HR Analytics
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Human Value And Professional Ethics
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Social Media & Web Analytics
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Supply Chain Analytics
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Data Analytics
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Marketing Analytics
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Business Applications of Block chain Technologies
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Summer Training Project Report & Viva Voce
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Database management system
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Skills Needed for Online Executive MBA in Business Analytics
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Quantitative and analytical abilities
Data analysis : Capacity to decipher and examine intricate data sets.
Solution-Oriented Ability : Capability to recognize problems, evaluate information, and formulate calculated solutions. -
Artificial Mastery
Software Proficiency : Working knowledge of data analysis programs including Tableau, SAS, R, Excel, and SQL.
Tech Savvy : At ease with a range of online learning resources and platforms. -
Analytical Reasoning
Decision-making : Assessing possibilities and utilizing data to make well-informed business decisions.
Flexibility : The capacity to pick up new ideas and adjust to changing procedures and technology.
Recommended Books for Online Executive MBA in Business Analytics
- “Competing on Analytics: The New Science of Winning" by Thomas H. Davenport and Jeanne G. Harris
- “Data Science for Business: What You Need to Know about Data Mining and Data-Analytic Thinking" by Foster Provost and Tom Fawcett
- “Data Mining: Practical Machine Learning Tools and Techniques" by Ian H. Witten, Eibe Frank, Mark A. Hall, and Christopher J. Pal
- "Storytelling with Data: A Data Visualization Guide for Business Professionals" by Cole Nussbaumer Knaflic
- “Big Data at Work: Dispelling the Myths, Uncovering the Opportunities" by Thomas H. Davenport
Application Procedure For The Online Executive MBA In Business Analytics
- Academic Transcripts : Copies of your academic records.
- Work Experience Certificates : Proof of relevant work experience.
- Entrance Exam Scores : GMAT/GRE/CAT/XAT/MAT scores, if applicable.
- Resume/CV : A detailed resume highlighting your academic and professional achievements.
- Personal Interview : Some institutions may conduct a personal interview (in-person or online) to assess your suitability for the program.
Educational Expenses for an online MBA in Business Analytics
- Highest Level Institutions : For the whole program, fees range from INR 8,00,000 to INR 20,00,000.
- Mid-Level Organizations : For the full program, fees range from INR 3,00,000 to INR 8,00,000.
- Similar Organizations : For the full program, fees range from INR 1,00,000 to INR 3,00,000.
Is Enrolling in this Online Executive MBA Program Worthwhile?
- Promotion in Career : Gaining highly sought-after abilities in data analysis and strategic decision-making with an MBA in Business Analytics will help you advance your profession and earn more money.
- Usefulness : The discipline of business analytics is expanding quickly. Businesses are depending more and more on insights gleaned from data, which makes this specialty extremely pertinent.
- Opportunities for Socializing : Many programs, even though they are online, provide opportunities for virtual networking, group projects, and access to a broad peer demographic.
Job Opportunities MBA in Business Analytics
- Business Analytics: Provide insights and suggestions for strategic decision-making, process enhancement, and company optimization through data analysis.
- Data Analytics Gather, purify, and evaluate data to find correlations, trends, and patterns that can guide corporate choices.
- Data Analytics To tackle challenging business challenges, leverage cutting-edge statistical and machine learning approaches to draw conclusions from data and create predictive models.
Leading Employers for MBA in Business Analytics
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Consulting Firms :
McKinsey & Company
Bain & Company
Boston Consulting Group (BCG)
Deloitte
Accenture -
Technology Companies:
Google
Amazon
Microsoft
IBM Oracle -
Financial Services:
JPMorgan Chase & Co.
Goldman Sachs
Morgan
Stanley
Citigroup
American Express
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