MBA in Analytics: Beyond Data Analysis Skills
The specialized MBA program in Analytics is not just about acquiring data analysis skills but rather focuses on a business case, creating new opportunities in business orchestration. The essence lies in understanding that any organizational process bringing a product or service closer to the point of consumption generates quantitative or qualitative data.
Recently Professor Vivek Roy from IIM Kashipur sheds light on the career prospects of an MBA in Analytics, emphasizing the role of analytical administration. An analytical administrator is tasked with establishing organizational policies related to data fields, addressing questions about the adequacy of current data considerations and how to measure untapped data.
The program aims to weave a data analytics ecosystem that provides actionable insights to every stakeholder in the processing chain, enhancing knowledge about impacts at the point of consumption. Beyond data analysis, an MBA in Analytics becomes a neo-administrative agenda, transforming businesses to operate on data vigilance and data-driven decisions, steering away from arbitrary choices.
Recognizing the ‘A’ of MBA, which stands for ‘administration,’ an analytical administrator plays a crucial role in shaping organizational strategies related to data fields. This approach is crucial in the face of market competition and shrinking margins, aiming to captivate consumers with offerings.
Analytics is gaining recognition across various industrial sectors, influencing roles from product experts to finance professionals. An MBA in Analytics revolutionizes businesses by starting from where data is generated to shaping organizational strategies at the top. Ultimately, it goes beyond mere data analysis, becoming a transformative force in the business landscape.
