Business Analytical Systems

With the reduction in cost of electronic storage, most of corporations are sitting on large data warehouses with lot of tacit business intelligence which can be extracted to gain competitive advantage. Business analytics refers to the skills, technologies, practices for continuous iterative exploration and investigation of past business performance from organization's historical data to gain insight and drive business planning. Business analytics focuses on developing new insights and understanding of business performance based on data and statistical methods. There is an acute shortage of business analytic professionals worldwide. MBA in business analytic professionals have good scope and career opportunities.