Core components of business analytics

•    Descriptive analytics: Understanding past performance by analyzing historical data
•    Diagnostic analytics: Delving into data to determine causes of past outcomes
•    Predictive analytics: Utilizing statistical models to forecast future trends
•    Prescriptive analytics: Recommending actions based on data-driven insights

Industries that evolved with business analytics

•    Retail & E-commerce: Personalizing customer experiences and optimizing inventory
•    Banking & Finance: Detecting fraud and assessing credit risks
•    Healthcare: Predicting disease outbreaks and improving patient care
•    Manufacturing: Enhancing supply chain efficiency and forecasting demand
•    Telecommunications: Reducing customer churn and optimizing network performance
•    Government & Public Sector: Allocating resources effectively and formulating policies
•    Sports & Entertainment: Analyzing performance metrics and audience preferences

Eligibility criteria for pursuing business analytics
Undergraduate Programs:
•    Eligibility: Completion of 10+2 with Mathematics/Statistics.
•    Popular Courses: BBA / BSc / B Tech in Business Analytics or related fields.
Postgraduate Programs:
•    Eligibility: Bachelor’s degree in any discipline; entrance exams like CAT, XAT, CMAT.
•    Popular Courses: MBA/MSc/PGDM in Business Analytics.

Career prospects after studying business analytics

Embarking on a career in Business Analytics opens doors to roles such as:
•    Data Analyst
•    Business Intelligence Analyst
•    Data Scientist
•    Product Analyst

With India emerging as a global hub for analytics services, professionals in this field are witnessing unprecedented growth and lucrative opportunities.

Consider a career in Business Analytics if you:
•    Have a penchant for numbers and data interpretation
•    Enjoy solving complex problems and uncovering insights
•    Are intrigued by the convergence of business strategy and technology
•    Possess a curious mind and an analytical approach

Right Mentors guiding you to success

At Right Mentors, we specialize in providing comprehensive career counselling and Indian universities admission guidance services. Our team of professionals is dedicated to helping students and parents discover individual strengths, passions, and aptitudes through methodical assessments, including psychometric tests. We offer guidance on both Indian and global educational opportunities, ensuring students make informed decisions about their academic and career paths.

Take the next step

Embrace the future with Business Analytics — a field where your analytical skills can shape industries and drive innovation. Let Right Mentors be your compass in this journey, illuminating the path to a fulfilling and dynamic career.

Embark on your Business Analytics journey today and transform data into destiny.