3 Reasons to Pursue an MBA in Data Analytics

The modern workplace is a data-driven environment. Here, data plays a huge role in helping business leaders make decisions based on facts, statistics and trends. In order to make sense of so much data and use it for the benefit of the business, every organisation needs the right professionals. This is where an MBA in Data Analytics and Data Sciences comes in.

Candidates who have completed their MBA in Data Analytics help businesses understand what has happened, what is happening and what will happen. Keep reading to know more about this specialization and why you should get an MBA in Data Analytics.

Demand

Data analysis is a process of identifying, evaluating, and modelling data into something useful. This data is used by companies for long-term and strategic operational decision-making. According to a report, almost 53% of companies are using big data, and this percentage is expected to increase in the coming years. As the requirement for data analysis increases, so does the demand for professionals with sound knowledge of this field.

Diversity

Data analysis is used everywhere. With an MBA in Data Analytics and Data Sciences, you can work in diverse fields such as IT, banking, e-commerce, healthcare, manufacturing, and more. This makes sure your scope of work is not stagnant, and you can gain expertise in various fields.

Career Prospects after an MBA in Data Analytics

As mentioned earlier, an MBA in DA and DS opens doors to a lot of different fields for you to work in. Hence, there are numerous job prospects available for you to choose from. The following are a few common job profiles for Data Analytics aspirants:

• Data Analytics consultant: Here, you will be responsible for creating data mining projects and use that information to increase revenue and consumer brand awareness.

• Data Engineer: As a Data Engineer, you will build an infrastructure or framework which is essential for data generation.

• Data Solution Architect: Often, the Data Solution Architect works closely with IT architects to address big data problems and requirements.

Skills required for a successful career in Data Analytics

Along with sound knowledge about your field, there are a few traits that can help you stand apart from others. Some of these skills are:

• Presentation

Your analysis holds value only if you present it in a meaningful way. Hence, you are expected to have basic presentation skills that will help others understand it and draw inferences.

• Communication

Along with being good at presentation, you need to be an excellent communicator. This will help you conduct meetings, explain your analysis in a simple and confident manner to your audience.

• Attention to Detail

There’s lots of data available out there. You need to understand and identify what matters and what doesn’t.

These are a few reasons that explain the importance of an MBA in Data Sciences and Data Analytics. If you find any of these job prospects interesting, you should start applying for top universities in India and get closer to a successful career ahead!

Symbiosis Centre for Information Technology