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  • 7 High paying jobs after MBA in Business Analytics

    7 High paying jobs after MBA in Business Analytics

    In this blog, we will deep dive into 7 high paying jobs after MBA in Business analytics.

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    The business world is rapidly evolving and new age trends have highlighted the relevance of data science and big data in this sector. Employability of analytics for betterment of business viability has also shown an upswing.

    If working on data driven strategies is your forte and you love to take challenges for solving business related problems, an MBA degree in business analytics could open the gateways of success for you.

    What is MBA in business analytics

    MBA in business analytics is usually a two-year program with specialization in business analytics. In general, business analytics is the process of collecting, combining, sorting and using statistical models so that business insights could be generated from this data. Once this statistical data is ready, it is put in use for solving problems and increasing overall business productivity.

    Shoolini university in Kasauli Hills, Himachal Pradesh is one of the best MBA university to pursue this professional degree. It has been ranked as number 1 private university in India as per The World University rankings 2024.

    This university offers a unique combination of business management principles and data analytics and by the time you complete this degree, you would develop deep rooted understanding on leveraging data driven insights.

    Scope of MBA in Business Analytics

    MBA in Business Analytics is a two year post graduate degree program in the field of management. The scope of MBA in Business Analytics is quite wide and any successful candidate can consider career position in wide category of segments. Some of the prominent segments in this field are Marketing analytics, Risk analytics, Customer analytics, Supply chain analytics, Human Resource analytics and Web analytics.

    Apart from above listed segments, the scope also includes employability in public sector with positions in data analysis, data mining and qualitative analytics in different public sector undertakings.

    High Paying job options after MBA in Business Analytics

    7 High Paying Jobs

    The scope of jobs after MBA in business analytics has widened over the years with the students’ finding employments across sectors and niche categories.

    1. Data Scientist

    In literal terms, a data scientist puts data to work and uses it to make organizational decisions. A data scientist typically handles the following:

    • Works on patterns and trends in datasets
    • Designs data models for forecasting of outcomes
    • Improves quality of products by using Machine Learning techniques
    • Responsible for deployment of data tools like Python, SAS, SOL

    The salary of a data scientist ranges from 8 Lakh to 20 Lakh per year with average base salary being 12.75 Lakh/year.

    2. Data Analysis

    Among jobs after MBA in business analytics, the role of data analytics is also of prominence. A data analyst not only gathers data but also interprets it for solving data related problems. The common tools that any data analyst should have knowledge about include Microsoft Excel, Google Sheets, SQL, Tableau, Phyton, SAS, Microsoft Power BI etc.

    In addition, a data analyst should know about different programming languages and data visualization.

    The salary of a data analyst ranges from 5 Lakh to 10 Lakh per year with average base salary being 6.75 Lakh/year.

    3. Business Development Manager

    This is a traditional job segment in MBA and also interests students who are looking for jobs after MBA in business analytics. As a business development manager, you would be responsible for driving business growth, create development plans and forecast sales targets.

    In addition, a business development manager is also required to meet existing and new clients, liaison with colleagues, prepare financial projections, attend events, prepare sales presentations and train business development teams.

    The salary of a Business Development Manager ranges from 5 Lakh to 12 Lakh per year with average base salary being 8.80 Lakh/year.

    4. Business Intelligence

    Business intelligence has also emerged as one of the promising jobs after MBA in business analytics. In the role of business intelligence analyst, you would be responsible for analysing the company data and mining the same to derive valuable insights. Critical business decisions are then taken based on the insights derived. The future strategy which any company will devise depends upon the decisions taken by the Business Intelligence analyst. A person should have strong problem solving, analytical and critical thinking skills to qualify for the role of a business intelligence analyst.

    The salary of a Business Intelligence analyst ranges from 5 Lakh to 12 Lakh per year with average base salary being 8.80 Lakh/year.

    5. Data Architect

    Jobs after MBA in business analytics are also open in the field of data architect. As a data architect, a person is required to review and analyse organizational data infrastructure, plan for future databases and implement solutions accordingly.

    In addition, they are also create procedures for ensuring data accuracy, analysing planning, collaborate with other teams, research data acquisition and develop application programming.

    The salary of a Business Intelligence analyst ranges from 18 Lakh to 30 Lakh per year with average base salary being as high as 27 Lakh/year.

    6. Database design

    Among the options for career progression, as jobs after MBA in business analytics, the role of database designer is also open. The database designer is expected to define and detail database design by including data specific indicators like tables, stored procedures, indexes, triggers etc. Specifications might vary as per data storage mechanism for the project but the database designer has to be ready for any such eventualities.

    For this role, the candidate has to develop expertise in data modelling, database design, object-oriented analysis, system architecture and database administration.

    The salary of a Database designer ranges from 2 Lakh for beginners to 21 Lakh per year with average base salary being 8 Lakh/year.

    7. Operations Analyst

    This is also a key career choice which can be considered among jobs after MBA in business analytics. As an operations analyst, you would be required tocollect data on current company operations, analyse these data sheets, design operational processes and ensure compliance of assigned tasks so that it translates into profits for the company.

    The salary of Operations Analyst ranges from 4 Lakh to 10 Lakh per year with average base salary being 6 Lakh/year.

    FAQs

    Ques 1: Is an MBA in business analytics a good career?

    Yes, MBA in business analytics is a good career. Lucrative career options await in the position of data scientist, business analytics, database designer and host of other roles. With experience and expertise in this niche, a person can earn upto 25 Lakh/year in leading Indian companies in this segment.

    Ques 2: Which university is best for business analysts?

    If you decide to study in himachal for your MBA in business analytics, Shoolini university is the best options. With 5000+ placements including 100% for MBA students over the years through its active placement cell, Shoolini has set unique standards. It is also the leading private university in India as per The World University Rankings 2024.

    The faculty is from University of Berkeley, IIT, IIM, McKinsey and ISB with experience and expertise in their niche.

    Summer internships, hands on workshops with industry and other corporate leaders also horn the skills of students and prepare them for a competitive career.

    Ques 3: What is the highest salary of business analytics?

    The highest salary which a business analyst can expect in India can go up to 21 Lakh/ year. The salary also varies with experience and expertise and the niche you have chosen to work in. On an average, a fresher can expect an average salary of 5Lakh/year which increases as the candidate gains experience.

    Ques 4: Is MBA in business analytics in demand?

    As the role of predictive AI is increasing so is the demand for business analysts. Data mining and analysis play a vital role in establishing a leading foot in the competitive market and so the demand for those with professional degree of MBA in business analytics is also on the rise.

    Ques 5: Who earns more MBA in finance or business analytics?

    While both these career options are good in their category, when it comes to financial gains, MBA in business analytics scores a point above. This is also due to realization that analysis of data could propel the growth of company. A business analytics on an average earns between INR 7 to 12 Lakh/ year while those with MBA in Finance make INR 6 to 10 Lakh/year.

  • Opportunities After Gate Exam: Check Career Options In Himachal

    Opportunities After Gate Exam: Check Career Options In Himachal

    In this blog, we will discuss the various career options and opportunities after GATE exam, especially in the state of Himachal Pradesh.

    The Graduate Aptitude Test in Engineering (GATE) is one of the most popular exams in India for engineering graduates. Successfully clearing the GATE exam opens up a world of opportunities for a bright career ahead.

    About GATE Exam

    GATE or Graduate Aptitude Test in Engineering is conducted jointly by the Indian Institute of Science (IISc) Bangalore and seven Indian Institutes of Technology (IITs) on behalf of the National Coordination Board (NCB)-GATE.

    It is a national-level entrance exam for admission to postgraduate programs in engineering, technology, architecture and PhD programs in various disciplines of these fields. The GATE score is also used by many Public Sector Undertakings (PSUs) for their recruitment process.

    The exam comprises three types of questions – Multiple Choice Questions (MCQs), Multiple Select Questions (MSQs), and Numerical Answer Type (NAT) questions. It is a 3 hour long exam conducted in computer-based mode.

    The standard GATE exam syllabus includes General Aptitude, Engineering Mathematics, and topics from the candidate’s chosen undergraduate field. Some of the major subjects include Computer Science & Information Technology, Electronics & Communication, Electrical Engineering, Instrumentation Engineering, Production and Industrial Engineering, etc.

    Career Options After GATE

    Let us look at some of the best career opportunities after cracking the GATE exam:

    1. Higher Studies

    One of the main benefits of a good GATE score is that it opens up admissions to prestigious postgraduate programs in engineering institutes like IITs and IISc. It improves your chances of getting admission in reputed institutes for ME/M.Tech or direct PhD admissions.

    In Himachal Pradesh, NIT Hamirpur and IIT Mandi offer excellent opportunities for higher studies after GATE. You can choose your specialization and pursue your post graduation from these premier technical and research institutes.

    2. Jobs in PSUs 

    Many Public Sector Undertakings (PSUs) like ONGC, IOCL, HPCL, NTPC, PGCIL, etc. use GATE scores to recruit graduate engineers every year. This provides a great job opportunity for candidates within a year or two of their undergraduate studies.

    The pay packages and work profiles offered in these organizations are quite lucrative. Since these companies have a strong presence in Himachal Pradesh, clearing GATE can open up many job roles for you in the state itself.

    3. Jobs in Private Sector

    Apart from PSU jobs, a good GATE score also improves your prospects of getting hired by reputed private companies. Various multinational corporations visit engineering campuses for recruitment. They often use GATE scores as a benchmark or qualifying criteria during the hiring process.

    Scoring high in GATE examinations demonstrates your technical knowledge and aptitude. This can give you an edge over other candidates during private company placements.

    4. Jobs in Government Sector

    GATE qualified candidates also have the advantage of being eligible for certain technical positions in Government departments.

    For instance, candidates with valid GATE scores can apply for prestigious positions like Scientists at DRDO and ISRO. The experience and exposure gained in such organizations can be invaluable for your career.

    5. Teaching Profession

    Opting for the teaching line is another alternative after GATE. You can apply for teaching positions in government engineering colleges as well as private institutes and universities. 

    Most colleges set GATE qualification as the minimum criteria for hiring lecturers and assistant professors. A postgraduate degree also boosts your teaching career prospects significantly.

    Why Choose Himachal Pradesh for Your Career?

    Situated in the scenic Himalayan mountain ranges, Himachal Pradesh is one of the most beautiful states in India. Major industries in the state include power, tourism, agriculture and now – education.

    Some key reasons why Himachal Pradesh presents a great destination for higher education and career opportunities after GATE are:

    1. Serene Environment – Clean and peaceful settings providing an ideal environment for learning. The pleasant weather is conducive to health and productivity.
    2. Excellent Institutes – Presence of premier institutes like IIT Mandi, NIT Hamirpur, Shoolini University, Jaypee University imparting quality technical education.
    3. Government Support – The Himachal Government is focused on developing the state as an education hub and promoting technical education.
    4. Lower Cost of Living – Compared to metro cities, the cost of living as a student is comparatively cheaper in Himachal.
    5.  Job Avenues – Apart from campus placements, many PSUs & private companies have offices in Himachal, especially in the hydropower and tourism sector.
    6.  Tourism Potential – Can supplement your career by tapping into lucrative tourism opportunities in the state.

    Thus, Himachal Pradesh offers the complete package of quality education, career exposure and amenities required to shape your career after GATE.

    Shoolini University: A Leading Option for Post GATE Education 

    Established in 2009, Shoolini University is a leading private university located in Solan, Himachal Pradesh. It is recognized for its excellence in research, innovation and teaching.

    Some key highlights of Shoolini University:

    •  Top Class Infrastructure – State-of-the-art labs, high-tech classrooms, 800 seat auditorium and modern hostel facilities.
    • Innovative academics – Over 200 programs including unconventional degrees like Biotechnology, Food Technology, Biomedical Sciences, etc.
    • Acclaimed Faculty – 600+ faculty members including senior scientists and researchers from leading institutes.
    • Scholarships – Lucrative scholarships based on CAT/GATE scores and extracurricular achievements.
    • Placements – Record placements with top companies like Havells, Dabur, Voltas, Cipla visiting for recruitment.
    • Startup Support – India’s leading university in terms of patents filed. Great ecosystem for budding entrepreneurs and startups.

    The university offers postgraduate, doctoral and postdoctoral programs in disciplines like Engineering, Pharmacy, Management, Sciences, etc. For a GATE qualified candidate, it provides the perfect launchpad to build an illustrious career in Himachal Pradesh.

    Summing Up

    Cracking the GATE exam opens up a world of promising opportunities for engineering graduates. You can choose to pursue advanced studies at premier institutes or get recruited in leading PSUs and private companies.

    Opting for a career in Himachal can provide you the right environment and exposure needed for success after GATE. With quality education, growing industries and unbeatable natural beauty, the state is poised to be the next career destination for today’s youth.

    Also Read: GATE Exam 2024: Released Dates – Exam, Admit Card and Result