Business Analytics

The term Business Intelligence (BI) refers to technologies, applications and practices for the collection, integration, analysis, and presentation of business information. The purpose of Business Intelligence is to support better business decision making. Essentially, Business Intelligence systems are data-driven Decision Support Systems (DSS). Business Intelligence is sometimes used interchangeably with briefing books, report and query tools and executive information systems. Business Intelligence systems provide historical, current, and predictive views of business operations, most often using data that has been gathered into a data warehouse or a data mart and occasionally working from operational data. Business intelligence analysts use data to figure out market and business trends for companies to increase profits and efficiency. They may work directly for a company or as a consultant. Business intelligence analysts gather this data through a number of ways, from mining a company's computer data through software, looking at competitor data and industry trends to help develop a picture of where the company stands in the industry, where they can improve and where they can reduce costs. Business intelligence analysts spend most of their time analyzing data, Past trends, current conditions, etc. They are able to look at large chunks of data and understand trends and then communicate those trends to the company for efficient decisions.

Hi,
Process of business analytics step by step.
Step 1) - Gather all information about the project
It is business analysts responsibility to gather all the details related to the project. By asking questions to people connected with the project (project manager, project sponsor, manager or business owner). Step 2) Set up a review meeting with Project manager/ Stakeholder/ Team members
An unclear agenda may lead to a failure of the project. Be specific in what is expected out of the project. Involve Project manager/ Stakeholder/ Team members in meeting and ask questions related to project
It is very likely that you might be working on completely new project, in that case, ask project manager or contact person who has worked in that domain before. Step 3) Analyze all the project relevant documents like
Business process documentation
Business and system requirements documents
Business cases
Charts and flow diagrams
Project plans
organisation chart
Strategy documents and business plans
Policies and legislation
Step 4) Record all the facts and information that you discover
From your research and analysis, you may discover many useful information relevant to the project that has to be changed or implemented in the project. Record them. Step 5) Understanding the problem domain
By now, you will have a good insight of the project, now you can identify the problem domain in the project. You need to find out:
Exactly which business function will be affected
Risks and factors affecting the business
Policies and constraints that influence the project
Values that determines the level of importance of the project
System currently supports the business activities
Document giving brief about the problem domain- e. g. , Annual Report
Issues currently blocking the business to achieve the desired outcomes
On proposed change does it make any difference to problem domain.Step 6) Presenting your Business Requirement
Once you have gather all your business requirement and understand the problem domain. The next step is presenting your Business Requirement to Stakeholders or Project Manager. There are numerous techniques which can be used for presenting requirements like:
A table or spreadsheet
A diagram or graph
A prototype or simulation
A structured text template or structured sentence.

Hi,
Speaking very frankly, except some negative review almost all are positive. University has to remain in touch with corporate world, so that students come to know about the practical implementation of their bookish knowledge, and it also helps them to remain knowledgeable about current happenings. Faculties also help students in this context. But, overall the reviews are very positive.
Fee Structure and Facilities:
Fee structure is feasible, as it is a government University. I mean, it is between the ranges of a common economical background student. In my course, it is Rs 1.40 lakhs for first 3 years and in Masters Level, it is around INR. 3,500. In Master's level for science subject, it is around INR. 3, 500 and in arts subject it is around INR. 2,500, as they do not have any laboratory sessions. So, it is quite normal corresponding to any government University.
Placement Wing
Technically University does not provide internship. But, one can do that on his own. Also, there is no placement cell at all. Department gives placement every year with the help of their alumni association and their faculties also help them in this context.
Hostel Facilities
The hostel infrastructure is quite good. There are separate hostels for boys and girls, and they are a far distance apart. Girls hostel have very strict restrictions about entry timings in evening. Every student has one single room and cupboard and desk inside the room. The bathroom and dining halls are clean enough.
Alumni:
Alumni network in department is very good. But, when it comes to entire University, it somehow tears apart. But, in every department annual reunion has organized by the senior most students and in that program many seniors come and share their experiences and helps recent students as much as they can.
Faculty:
Faculties are very good in University and they are helpful. But, some new recruits should be added, as number of faculty is now quite less. This is only for subject. But, in many department there are available teachers. Almost every teacher of each department is helpful. They also guide their Ph.D students and mentor them to achieve big success in life.
Campus Life:
Every department has their own labs including computer and other research instruments. Besides, there is a central lab computing facility and one central library. Almost every year sports meet has organized by sports department and sometimes many department have played different matches respect to their own interest.