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.
Q: Â How are MBA placements at Praxis Business School?
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.
Q: Â What is the median package offered during Praxis Business School placements?
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.
Q: Â How are the placements at Praxis Business School?
The 2022-2023 group of Praxis Business School received good placements. The average package was INR 9.46 LPA, and the highest package available was INR 17.60 LPA. PwC, HDFC Bank, ICICI Bank, EY, Bandhan Bank, and Tata Metaliks were among the top employers.
In recent years, Praxis Business School's placement rate has been consistently high. Over the past five years, the average package offered has exceeded INR 8 LPA. Top employers have included Titan, HSBC, Axis Bank, Deloitte, KPMG, and Axis Bank.
A major emphasis of Praxis Business School is on placements. A specialised placement cell at the school works with pupils to get them ready for the placement procedure. Additionally, the institution has a robust alumni network that aids in connecting students with potential opportunities.
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.
Q: Â Who are the top recruiters during Praxis Business School placements?
The top recruiters at the Praxis Business School 2023 are HDFC Bank, ICICI Bank, Bandhan Bank, Tata Metaliks, Deloitte, Axis Bank, HSBC, Titan, Tata Steel, Vedanta, and so on.
These are just a few of the several recruiters who took part in the Praxis Business School 2023 placements listed here. The school's robust alumni network makes it easier for students to get in touch with prospective employers.
Q: Â Does Praxis Business School have better placements than ISB&M - International School of Business and Media, Kolkata?
Good business schools in India with a strong placement track record are Praxis Business School and ISB&M - International School of Business and Media, Kolkata. ISB&M - International School of Business and Media, Kolkata, often has worse placements than Praxis Business School, nevertheless.
Here is a comparison of the two schools' placement results for the class of 2022–2023: The highest package in PBS is 17.6 LPA and in ISB&M the highest package offered is 16.5 LPA.
As you can see, Praxis Business School outperforms ISB&M - International School of Business and Media, Kolkata, in terms of both average package and maximum package. The International School of Business and Media, Kolkata, ISB&M, and Praxis Business School both have a few more prestigious recruiters than ISB&M.
It is crucial to remember that a school's placement record can change from year to year. When selecting a business school, it's crucial to take into account additional aspects including tuition costs, faculty standards, and the institution's location.
Q: Â What is the highest package offered at Praxis Business School?
The highest compensation at Praxis Business School was INR 17.60 LPA for the 2023 batch. A premier consulting company presented this package to a PGDM student. The placement process is a major priority of Praxis Business School, and the institution has a specific placement cell that works with students to get them ready. Additionally, the institution has a robust alumni network that aids in connecting students with potential opportunities.
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 5 days ago
Understanding whether Globsyn Business School is better than Praxis is difficult, as both institutions are highly reputed. When you are deciding, it is important to consider various factors such as the course syllabus, faculty, infrastructure, and career goals.
Prospective students should conduct tho
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Contributor-Level 8
Answered a month ago
Both Jaipuria Institute of Management Noida and Praxis Business School Kolkata have strong reputations for marketing programs. Jaipuria Noida is very famous for industry connections, which has quite robust placement support, thus giving a very high placement rate in several reputed companies. At the
Contributor-Level 10
Answered a month ago
The batch strength for the PGDM in Business Analytics program at Praxis Business School is around 60-70 students. Smaller batches like these have allowed for more individual attention by faculty and, subsequently, a great learning environment.
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Contributor-Level 8
Answered 2 months ago
Scores for a range of entrance tests such as CAT, XAT, CMAT, MAT, ATMA, and GMAT are accepted. A valid score in any one of these entrance exams is required while admitting the candidate.
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Contributor-Level 10
Answered 2 months ago
The selection process at Praxis Business School involves four steps: filling out an online application on the official website, evaluation of the candidate's profile and entrance exam scores, submission of a valid score in exams like CAT, XAT, CMAT, MAT, ATMA, or GMAT, and completing a Written Abili
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Contributor-Level 10
Answered 3 months ago
Praxis Business School can be considered a good college for students willing to pursue a degree in management courses. The college is approved by the All India Council for Technical Education (AICTE). The college is also accredited by the National Board of Accreditations (NBA). In 2023, the Times ra
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Contributor-Level 10
Answered 3 months ago
The highest and average package offered during Praxis Business School PGDM placements 2023 stood at INR 17.60 LPA and INR 9.08 LPA, respectively. Further, more than 45 recruiters visited the campus during Praxis Business School placements 2023. The top recruiters during Praxis Business School Kolkat
A
Contributor-Level 10
Answered 3 months ago
According to the official website, 85% of the total students were placed on Day 0 of the placement drive 2023. Further, the number of total recruiters and new recruiters during PGDM placements 2023 are presented below:
Particulars | PGDM Placement Statistics (2023) |
|---|---|
Total recruiters | 45+ |
New recruiters | 23+ |
Students placed on Day 0 of placement drive | 85% |
In addition, the domain-wise placement distribution recorded during PGDM placement
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Contributor-Level 10
Which B-school is better among Globsyn and Praxis?