What is Business Analytics?

Business Analytics as a process can be understood as combining data analytics and business intelligence on a given set of data make future business strategies and plans. It is taught as a specialization in Master of Business Management (MBA). This branch of management involves exploration and analysis of present data to gain insight for planning and execution of future business strategy and goals. Business Analytics helps in optimizing operations, increasing revenue by saving on operational cost, improve better customer relation, and predict future trends in the market thereby enabling accurate strategic decisions and business plans. MBA in Business Analytics offers training and knowledge to develop skills for making business plans and strategies of the future based on accurate analysis of the available data. The average salary of Business Analyst is Rs 8 lakh and upwards.
31/03/2020