Business Analytics in India

Hi, you can refer below for the top job profiles for Business Analytics in India:Job ProfileDescriptionAverage Salary (INR Lakhs per annum)Data AnalystCollects, cleans, and analyzes data to uncover insights. Uses statistical methods and data visualization tools.4.5 - 8Business AnalystBridges the gap between IT and business. Identifies business needs and translates them into technical requirements.6 - 12Data ScientistApplies advanced statistical and machine learning techniques to extract insights from large datasets. Builds predictive models.10 - 20Business Intelligence (BI) AnalystDesigns and develops reports and dashboards to monitor business performance.6 - 15Marketing AnalystAnalyzes market trends, customer behavior, and campaign performance to optimize marketing strategies.5 - 10Financial AnalystAnalyzes financial data to assess a company's financial health and make investment recommendations.5 - 12Risk AnalystAssesses potential risks to an organisation and develops strategies to mitigate them.7 - 15Supply Chain AnalystOptimizes supply chain operations by analyzing data on inventory, transportation, and logistics.6 - 12BI ManagerOversees the development and implementation of BI solutions within an organization.15 - 25BI ArchitectDesigns the overall architecture of a BI system, including data warehousing, reporting, and analytics.20 - 30  

Absolutely, pursuing a career in Business Analytics in India is highly worthwhile.India is experiencing a burgeoning demand for skilled business analysts across various industries. Here's why:Indian businesses are rapidly adopting digital technologies, creating a vast pool of data that needs to be analyzed for insights.Companies are recognizing the value of data-driven decision making, leading to a higher demand for professionals who can extract meaningful insights.India offers a large pool of skilled and cost-effective talent in analytics, making it an attractive destination for businesses.The Indian government's focus on digital India and data-driven governance has further boosted the analytics industry.The field is becoming increasingly competitive, requiring continuous upskilling.There's a gap between the demand for advanced analytics skills and the availability of talent with such expertise.While there's a general demand for business analysts, specialisation in specific domains can enhance career prospects.Overall, a career in Business Analytics in India offers excellent growth prospects and opportunities to contribute to the success of organizations.

First of all you should be clear that what is the business analytics and what it means. A Master of Science in Business Analytics gives you the skills to apply modern data Science and machine learning capabilities at work to solve real-world business problems. The degree is for working professionals or recent graduates who want to launch, or accelerate, their career in a business analytics role. The Master in Business Analytics curriculum is an ideal combination of business knowledge and analytical training. The rigorous and fast-paced programme comprises of fundamental business courses, along with advanced classes in analytics methods, technical skills courses, and problem-solving. What are the Skills Required to be a Business Analyst? Analytical Skills: To be a Business Analyst, you need to be good with analytical tools. This is important to efficiently design and implement the process of forecasting and gap analysis in an organisation. Computer Skills: As a business analyst in this era of technological advancement, you should be able to work on different data-oriented software. Also, you should know Microsoft Office Suite, Vision, SharePoint, and Software Design Tools. You should stay updated with the latest developments in IT and tech sectors. Problem-Solving Skills: To be a business analyst, you have to understand the problems of business and come up with strategies that would resolve those particular issues. Critical Thinking Skills: While working on a project, you must evaluate several choices before leading your team towards a solution. You need to thoroughly review data, the workflow, and user input surveys. There might be examining questions until each issue is evaluated in its totality to know the best resolution. Interpersonal and Communication Skills: Interpersonal and Communication skills help you and your team to work together and provide quality service in an organisation. Such skills include giving presentations, resolving conflict, facilitating meetings, along with having the ability to negotiate, and influence others.

Every programme has its significance, it depends on your interest whether you want to pursue it in your life or not. There are a couple of good universities which offer MBA Supply Chain and Analytics programme.
1.Amity University
2.Kalinga
3.Lovely Professional University
SP Jain University is one of the universities which offer MBAs in Supply Chain and logistics. I would like to highlight some of the features of the LPUs programme. MBA (Supply Chain & Logistics) programme is designed to give students the knowledge, hands-on skills, analytical and leadership abilities they need for fast-track global careers in supply chain and logistics companies. The programme provides orientation and competencies to students to build careers as entrepreneurs, consultants or to manage their family businesses successfully. The programme provides academic rigor and application orientation to students to build their careers as effective teachers in the global academic arena
The programme is accredited by the Accreditation Council for Business Schools and programme (ACBSP). Collaboration/Tie up with the companies like NSE, Safeducate, ICICI Direct, IDFC, etc. To allow students to pursue live projects and/or professional certifications like NCCMP, NCFM, etc. The curriculum is equipped with 21st-century digital technologies required for managing their specialised area. Entrepreneurship projects are an integral part of the curriculum and help establish themselves as successful entrepreneurs. In addition to core curricula, the course offers subjects like communication, analytical and soft skills to enhance personality and employability. The highest salary offered to the students was INR 21 LPA.