The aim of this course is to provide high quality education along with training the students with all the new advancements in the field of computers. The department also takes initiative to improve the soft skills, analytical capabilities & verbal communication of the students so that they can face the competition in the corporate world confidently. Our teaching pedagogy focuses on “learning-by-doing” which aims to bridge the gap between industry and academia. Business Analytics (BA) with B-Tech refers to the skills, technologies, applications and practices for continuous interactive exploration and investigation of past business performance to gain insight and drive business planning. Analytics may be used as input for human’s decision or may drive fully automated decisions. Analytics have been used in business since the time management exercises that were initiated late 19th century.
Career prospects in B-Tech with Business Analytics and Optimization
This program provides students a comprehensive understanding to use advanced data mining technology to identify any risk factors, thereby helping reduce any fraudulent activities that might take place. It helps them analyze the big data properly so as the turn them into actionable insight at the right time. Moreover, it gives the students a better insight as to how they can sync an organization’s operations with demand and benefit from the upcoming opportunities in a jiffy.
A career in Business Analytics and optimization is one of the primary focus areas in the industry and is gaining lot of recognition and adaption across many industries. Since there are very few companies in the end to end hardware to software solution for business Analytics and optimization IBM is very poised to leverage on this space. Many companies in are in need of knowledgeable resources in this area and has become a main challenge. This course will help the professionals to tap on the huge requirements and help the society.
The world has become smarter – The humans have started interacting in various modes in their normal life and the way they are interacting for their business and domestic needs is drastically changing. The amount of data generated because of these actions is tremendous. So the enterprise wants to understand this data and provide them a better customer service and gain their confidence to improve their business. The effect is profound and can be seen across all the industries i.e. Telco, Insurance, Healthcare, etc.
The major reason for growth of business analytics and intelligence is the fact that since the whole concept of analytics revolves around data, it is very challenging to successfully complete the course. Hence, there is a scarcity of expert analysts. According to Forbes (2015) – there was a 123.60% jump in demand for Information Technology Project Managers with big data expertise, and an 89.8% increase for Computer Systems Analysts. Does this ring a bell? It’s going higher by every single passing day, now is the time to grab every opportunity you have to become an analyst. An increase in demand of professionals in certain area is directly proportionate to the rise in compensation in that sector. So, if you’re the one looking to divert the flow of money towards you, this is the time to be in analytics.
Scope of Business Analytics and Optimization
Percent of the IT executive respondents toComputerworld’s “Forecast 2014 Survey” said they planned to hire for business analytic skills in the next 12 months.
- As demand for business analysts has continued to grow, their compensation has followed. Computerworld’s“Salary Survey 2013” listed an average total compensation for IT technology/business system analysts at $79,628, up 3.8 percent from 2012.
Job Prospectus in B-Tech with Business Analytics and optimization
The B-Tech program in computer science/ IT with specialization in Business Analytics and Optimization prepares you for an exciting career in the following areas:
- Database Administrator.
- Business Analytic Specialist.
- Business Analytic Modeler.
- Data Mining Specialist.
- Statistical Analyst (SPSS).
- Business Intelligence Specialist (Congos).
- Data Warehousing Specialist.