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mba colleges in himachal – Study in Himachal

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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.

Keep Reading !!

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

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.
May 17, 2024
Top 7 MBA Specializations in Demand in 2024
In this blog, we’ll discuss which MBA specialization is in demand in 2024.

Master of Business Administration (MBA) offers relevant knowledge and guidance to the students to gain dynamic management expertise in different domains.

It also instills leadership skills and helps them to foresee future trends. Leading educational institutions throughout the country offer advanced MBA programs that prepare the candidates with resourcefulness and vision to grow with strong problem-solving skills.

List of MBA Specialisations are given below:

MBA in Human Resource Management

The MBA in Human Resource Management curriculum includes the study of people in an organization. This MBA specialization is in high demand and trains learners about recruiting, training, salary, performance updates, employee policies, and safety. The skills imparted include communication skills, teamwork, decision-making, and empathy.

Subjects in MBA Human Resource Management:
- Human Resource Management, Development, and Planning
- Managerial Economics
- Organizational Development and Change
- Personnel Management Concepts
- Industrial Relations Management
- Labour Laws
- Corporate Communication
- Operations and Compensation Management
MBA in Finance

The MBA in Finance focuses on planning and understanding the financial resources of a specific sector. The applicants learn about budgeting, costing, capital management, and international finance along with the development of skills such as communication skills and strategic thinking.

Subjects in MBA Finance:
- Financial Risk and Bank Management
- Fixed Income Markets
- Treasury and Risk Management
- Trading Strategies
- Acquisitions and Merges
- Corporate investment management
- Portfolio Management
- Human Resource Management
- Managerial Economics and Macro Economics
- Business and Corporate Laws
MBA in Marketing

MBA in Marketing is one of the best MBA specializations in Himachal. It is centered on marketing, training the applicants to master different marketing skills such as entrepreneurship, strategic thinking, market research, advertising, branding, sales, and promotion.

Subjects in MBA in Marketing:
- Marketing Concepts and Ethics
- Consumer Behaviour
- Business Communication
- International Marketing
- Industrial Marketing
- Sales Forecasting
- Economic Analysis
- Customer Relationship Marketing
- Business Management
MBA in Healthcare Management or Hospital Management

MBA in Healthcare Management or Hospital Management trains MBA graduates to manage all aspects of healthcare organizations. The learners learn different aspects such as human resource management, marketing management, operations management, and financial management.

Subjects in MBA in Healthcare Management or Hospital Management:
- Health Service Management
- Medical Ethics Quality Management
- Hospital Information
- Operations and Services Management
- Medical Emergency Systems
- Financial and Costing Accounting for Hospitals
- Healthcare Policies and Regulations
- Information Management in Healthcare
- Medical Tourism Financial
Some of the organizations where you can pursue jobs after completing the course include health insurance companies, private and government hospitals, diagnostic laboratory chains, and primary healthcare organizations.

MBA in International Business

The MBA in International Business program includes planning and running businesses on a global level. The students master different aspects such as foreign capital and exchange, export and import, documentation, and trade practices.

Subjects in MBA in International Business:
- Foreign Trade and Policy
- Global Marketing Management
- International Logistics Management
- Financial Management
- Marketing Management
- International Business Law
- Management of a Multinational corporation
- Cross-Cultural Business Management
- Global Financial Markets and Instruments
You can opt for a career as a management analyst, consultant, finance lead, and foreign exchange expert after this course.

MBA in Operations Management

The MBA in Operations Management focuses on teaching students how organizations operate. It explains the processes and methodologies for creating and distributing products successfully.

Subjects in MBA in Operations Management:
- Logistics
- Supply chain Management
- Inventory Control
- Project Management
- Enterprise Resource Planning
- Manufacturing Strategy
- Operations Research
- International Logistics
- Marketing Management
Applicants who complete this course successfully can pursue careers in marketing and sales, import and export, packaging, and logistics information systems.

MBA in Information Technology

MBA in Information Technology involves skill development and learning in different fields of information technology. It is one of the most popular in the list of MBA specializations. The applicants master skills such as problem-solving skills, logical skills, analytical skills, and knowledge of IT.

Subjects in MBA in Information Technology:
- Computer Security
- Technology Entrepreneurship
- Legal and Ethical Business Practices
- Systems Analysis and Design
- Database Management
- Management of Information Systems
- Financial Analysis for Technology Managers
- E-Business
- IT Consulting and Advisory Practice
- Information Technology Infrastructure
Some of the most common career choices are IT leads, Information System Managers, Business Development Managers, Project Managers, IT specialists, and Chief Technology Officers.

Conclusion

Choose which mba specialisation is in demand in 2024 and it depends on different factors such as curriculum and syllabus, career scope of specialization, strengths, aptitude areas, area of interest, salary, and preferred job roles.

Make sure you prepare well for the entrance exams to seek admission to reputed colleges. Shoolini University is a top-rank university where you can enroll in an MBA program if you want to study in Himachal Pradesh.

Also Read : 7 Popular MBA in Finance Colleges in Himachal Pradesh
February 6, 2024
9 Best Private Colleges for MBA In Himachal Pradesh

Are you aspiring to study in Himachal for the MBA program? Himachal Pradesh is home to reputed colleges and universities that offer world-class infrastructure and quality education. Also, they ensure placements of the students in various national and international companies. In this blog, we have compiled a list of the best private colleges for MBA where you can enroll for MBA courses.

9 Best Private Colleges for MBA are listed below:

Shoolini University

Started in 2009, Shoolini University is a popular private university and is approved by AICTE and UGC. It offers undergraduate, postgraduate, and PhD programs in disciplines such as engineering, food technology, design, science, and law.

You can enroll in an MBA program at Shoolini University for the following specializations – Digital, General, and International Relations. The applicants must have completed graduation with 50% marks along with a valid score in GMAT/CAT/MAT/SAT/HPCMAT.

The university offers both online and offline modes of application. You can also visit their official website for recent updates.

Bahra University

Bahra University is one of the best private colleges for MBA in Himachal Pradesh. Started in 2011, Bahra University holds the rank of Number 1 University and offers UG and PG courses in management, science, engineering, law, and hospitality.

It offers MBA programs in the following disciplines – Finance, Human Resources, and Information Technology Management. The applicants must have at least 50% marks in a Bachelor’s degree. The university offers admissions depending on merit and accepted entrance exam marks.

The students get placed in top companies such as Tech Mahindra, Airtel, Wipro, Kotak Life, Havells, Google, Flipkart, and Bajaj. Bahra University also offers scholarships to students based on merit scores, BUCET, and other achievements.

Eternal University

Eternal University is a private MBA university in Himachal and provides UG, PG, and doctorate courses (only for girls) in health, engineering, technology, basic science, and agriculture, management, and arts.

The students can get admission to Eternal University based on entrance exams (CMAT / CAT / MAT / HPCET) and merits. For the MBA program, the students must have graduated from a recognized institution with 50% marks along with a valid CAT score.

Himalayan Institute of Management

Set up in 2007, Himalayan Institute of Management is a self-financed institute backed by the Himalayan Group of Professional Institutions. Approved by the All India Council for Technical Education (AICTE), the institute offers programs for Master of Business Administration (MBA), Post Graduate Diploma in Management (PGDM) and Business Administration. It has 120 seats for MBA and offers 100% scholarships to students from scheduled castes and scheduled tribes. Also, it ensures placements in top companies with lucrative salary packages.

Abhilashi University

Abhilashi University was established in 2015 and offers flagship programs of MBA and M.Tech. To apply for the MBA 2-year program, the applicants must have completed a Bachelor’s degree with 50% marks and 45% marks for the reserved category.

Also, they must have a valid score in CAT/MAT/CMAT/HPCET. It offers 100% placement in top companies such as HCL, Infotech, Mankind, Eureka Forbes, ALPS, and Hindustan Times.

The applicants who enroll for an MBA at Abhilashi University get scholarships based on different criteria. The university has two libraries equipped with books, reference books, journals, and other educational resources.

Sri Sai University

Founded in 2010, Sri Sai University at Palampur in Himachal Pradesh offers Undergraduate, Post-graduate, and doctoral courses in domains including management, engineering and technology, commerce, applied sciences, social sciences computer applications, and humanities. It is approved by UGC and AICTE and provides state-of-the-art infrastructure to deliver quality education. The eligibility criteria for admission to the MBA program include valid scores in CAT/MAT or other state/national level entrance exams. The applicants can apply online.

Indus International University

Located in Bathau, Una district of Himachal Pradesh, IIU isapproved by UGC and is a non-profit organization that aims to offer quality education to students in rural parts. The IIU has the following schools – the School of Engineering & Technology, the School of Basic and Applied Sciences, the School of Arts, Media & Education, and the School of Business & Management. The University offers courses in UG, PG, and doctoral programs. It offers 100% concession in the tuition fees of excellent students, along with scholarships for students belonging to the SC/ST/and OBC categories. IIU offers placements in top-notch companies such as Ocean Oil, Adani Group, Hexaware Technologies, and others.

Maharaja Agrasen University

MAU is a private university approved by UGC and AICTE. It was founded in 2013 and is popular for its excellent academics, research, and exposure to global opportunities.

The university has the following colleges: Maharaja Agrasen Institute of Technology, Maharaja Agrasen School of Management, Maharaja Agrasen School of Basic & Applied Sciences, Maharaja Agrasen School of Law, Maharaja Agrasen School of Pharmacy, Maharaja Agrasen School of Architecture & Design.

MAU offers UG, PG, and doctoral programs in law, management, pharmacy, architecture and design, and basic and applied sciences. To get admission to an MBA, the students must have completed graduation from a recognized university with 50% marks and a valid score in CMAT/ CAT/ MAT-AIMA/ HPCET.

Manav Bharti University

MBU is a state-private university that offers undergraduate and postgraduate courses in management, engineering, law, humanities, commerce, and pharmacy. For an enrollment in MBA course, the applicants must have completed graduation in any stream and possess a valid score in the entrance exams.

Visit the website to know more details. Make sure you fill out the form timely to secure admission to a college or university of your choice.

Also Read : Top 7 Universities in Himachal for Pursuing MBA in Marketing

January 31, 2024
Top 7 Universities in Himachal for Pursuing MBA in Marketing

You’re not alone in this quest. This blog aims to simplify your search by highlighting the top 7 universities in Himachal Pradesh for an MBA in Marketing, ensuring you make an informed decision that aligns with your career trajectory.

Embarking on the journey to master the art of marketing through an MBA can be both exhilarating and daunting. In the picturesque state of Himachal Pradesh, the quest for the perfect university to pursue an MBA in Marketing is not just about academic excellence but also about finding a place that resonates with your aspirations and career goals. With a plethora of options, ranging from the serene campuses of IIM Sirmaur to the dynamic classrooms of Shoolini University, the decision can be overwhelming.

Are you grappling with questions about eligibility, entrance exams like CAT, MAT, or CMAT, or concerned about the return on investment?

Top 7 Universities in Himachal for Pursuing MBA in Marketing

1. Shoolini University, Solan

Shoolini University in Solan is renowned for its innovative approach to education, particularly in the field of business and marketing. The MBA in Marketing program here likely covers a comprehensive syllabus, including subjects that blend traditional marketing theories with modern digital practices. Students can expect a curriculum that is both rigorous and relevant, preparing them for the dynamic world of marketing. The university’s focus on research and practical application ensures that graduates are well-equipped to meet industry demands.

2. Himalayan Institute of Management, Sirmaur

The Himalayan Institute of Management in Sirmaur is known for its commitment to providing quality education in various disciplines, including marketing. An MBA in Marketing from this institute would typically involve studying subjects that cover market research, consumer behavior, digital marketing, and strategic planning. The institute’s emphasis on ethical and value-based education ensures that graduates are not only skilled in marketing techniques but also in understanding the societal impact of marketing strategies.

3. Dr. YS Parmar University of Horticulture and Forestry, Solan

Dr. YS Parmar University, with its unique focus on horticulture and forestry, offers an MBA program that might include marketing as a specialization. This program is likely to integrate marketing principles with a focus on the agricultural sector, providing students with a unique perspective on marketing in these industries. The course details would typically include market analysis, branding, and sustainable marketing practices relevant to horticulture and forestry.

4. Eternal University, Sirmaur

Eternal University is known for its holistic approach to education. An MBA in Marketing from this university would likely emphasize not just the technical aspects of marketing but also the development of soft skills and ethical considerations in marketing. The program might cover a wide range of marketing subjects, from digital marketing strategies to global marketing, along with a focus on leadership and ethical decision-making.

5. Maharishi Markandeshwar University, Solan

Maharishi Markandeshwar University in Solan is recognized for its comprehensive academic programs. An MBA in Marketing here would typically offer a blend of theoretical knowledge and practical application, covering areas such as advertising, sales management, and digital marketing analytics. The university’s focus on real-world applications ensures that students are job-ready upon graduation.

6. Sri Sai University, Palampur

Sri Sai University in Palampur is known for its diverse academic offerings. An MBA in Marketing at this university would likely encompass a wide range of marketing subjects, including international marketing, consumer behavior, and marketing research. The program is designed to equip students with the necessary skills to navigate the complex world of marketing in various sectors.

7. IEC University Baddi

IEC University Baddi is recognized for its focus on innovative and industry-relevant education. The MBA in Marketing program here is expected to cover essential marketing topics such as strategic marketing management, digital marketing, and brand management. The university’s emphasis on practical learning ensures that students gain hands-on experience in the field of marketing.

Conclusion

In conclusion, Himachal Pradesh offers a diverse range of universities that cater to the aspiring marketing mavens. Whether it’s the prestigious IIM Sirmaur, the innovative Shoolini University, or the other notable institutions, each university presents a unique blend of academic rigor, practical exposure, and scenic beauty. Remember, the right university does more than just impart knowledge; it shapes your future in the world of marketing. Consider factors like faculty expertise, campus culture, industry connections, and placement records as you make your choice. Armed with the insights from this guide, you’re now better equipped to embark on a journey that’s not just about earning an MBA in Marketing, but about transforming into a marketing leader of tomorrow. Embrace the journey ahead, for the mountains of Himachal Pradesh are not just a backdrop for your education, but a metaphor for the heights your career can reach.

Also Read: 10 Best MBA Colleges in Himachal Pradesh

January 2, 2024