About The Department
Big Data and analytics are the in-demand sectors at the moment. Industry estimates suggests that enough data exists to fill stack of DVDs to reach to the moon and back, and data is only expected to grow further. With the increasing volume, velocity and variety in the data, the ability of organizations to derive meaningful insights from this knowledge base is getting diminished. In a tough economic environment, the ability to make smart decisions will be the difference between being a leader versus being a laggard. This is where Business Analytics makes its mark.
The acute shortage of trained analytical resources in the USA has caused a significant demand for analytical services from India. The Business Analytics market is estimated at over US$15 billion as an outsourcing market for India, and as career option, is seen to be one of the biggest growers in the past couple of years.
Business Analytics goes beyond statistics and report writing, integrating multiple disciplines into a toolset for high-quality decision making. The objective of Business Analytics program is to appreciate the Analytical point of view, benefit from the insights of the Analytics industry, use the analytics framework to define realistic business objectives, understand how to use Analytics for making business decisions, and understand how to measure performance.