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SWOT analysis of MSc Business Analytics

According to Allied Market Research, the business analytics software industry was valued to be worth $177 billion in 2023. This shows that business analytics is not only a thriving industry, but it also offers an opportunity to create a lucrative career. The MSc Business Analytics is a vibrant and revolutionary academic program that provides learners with the necessary skills to tackle the complex world of modern-day business using data-driven decision-making. 

This necessitates conducting a SWOT analysis of the MSc Business Analytics to steer your career better. A program becomes essential in addressing its internal characteristics and the external environment it operates. This SWOT analysis helps determine major strengths that set the program apart, weaknesses that should be addressed for continuous improvement, opportunities available in a changing business analytics environment, and threats likely to hinder its success.

This SWOT analysis is a working instrument that will help the MSc BA program contribute and lead the process of cultivating analytical leaders. It also delves into different Job prospects after MSc Business Analytics.

Strengths

Knowing the strengths of MSc business analytics helps you understand what’s working and what’s not. It enables you to pinpoint its advantages over other programs and its strong points. The strengths of MSc business analytics are as follows:

Comprehensive curriculum

The curriculum is carefully developed to ensure that students gain a deep appreciation for the basics of business analytics. Both students and professionals can access various approaches, from statistics to data visualization tools. In addition, incorporating case studies from real-life situations helps bring in more practice in theory.

This integration enables the students to integrate what they learn in class with real-world situations. It promotes a good understanding of analytics implementation in different business environments. By going into the practical applications, students are not only given pure theory but also get ready to make decisions in the real business world.

Also Read: Roles to explore after an MBA in Business Analytics

Industry-relevant skills

The program is also designed with knowledge of keeping up with the latest trends in the industry. Integrating state-of-the-art technologies and methodologies into the syllabus enhances students’ ability to meet the growing demands of an emerging business environment. This future-oriented vision allows graduates to be effective in the industry immediately and guarantees their sustainability over time.

The MSc business analytics program functions as a center for nurturing professionals aware of traditional analytics and capable of dealing with problems related to modern technologies. This emphasis contributes to the program’s prestige and ensures that its students are in high demand among employers operating in the dynamic world of business analytics.

Weaknesses

The weaknesses of MSc business analytics help you recognize its shortcomings and areas needing development. An MSc business analytics program can become more competitive and prosperous by fixing these flaws. The weaknesses of MSc business analytics are as follows:

Program duration and intensity

Students’ schedules can be overwhelming because the curriculum is usually full of a wide range of courses, projects, and assignments that can force students to handle a difficult load in terms of academics. The nature of the program could be intensive and potentially lead to burnout or lack of work-life balance. However, students may struggle to balance their coursework, research projects, and other aspects of their personal or professional lives due to the limited time available within a shortened timeline.

Also Read: Tools covered in MAHE’s MSc in business analytics

Opportunities

Opportunities in MSc business analytics help you identify potential prospects after completing the program. An industry that is expanding, for instance, offers more work prospects. These are outside elements that students believe would advance their careers. Following are the opportunities in MSc business analytics:

Increasing demand for analytics professionals

The increasing demand for skilled analytics professionals in different industries is one of the key opportunities presented to MSc Business Analytics program graduates. With businesses becoming more aware of how data-generated insights can be transformative, the market for business analytics graduates continues to grow. The best example would be the embedded analytics market, which is expected to reach $77.52 billion by 2026.

Across all industries, from finances to healthcare, retail to technology, organizations are searching for people with the analytical skills taught in the MSc BA program. This increase in demand provides graduates with a wide range of job opportunities and enables them to consider positions within industries that best suit their interests and aspirations. The MSc BA program ensures it creates well-rounded professionals best positioned on the frontlines of such a growing job market.

Careers that you can pursue after MSc in business analytics:

Jobs
Business analyst
Financial analyst
Programmer analyst
Operations research
Market research

Networking and industry connections

MSc BA students are also presented with another significant opportunity. The program focuses heavily on networking and industry connections. Creating strategic alliances with key industry players and nurturing relationships with former students can also offer learners invaluable learning and experience.

These links are not only effective in improving the learning experience but also open doors for internships and placement opportunities. By working with reputable professionals, students can get insights from real life and some mentorship, if not internships, that help them apply what they have learned. This makes the MSc BA program much more capable of getting its students gainfully employed and ensuring they have a strong base to start their careers.

Rewards and remuneration

Business analytics is one of the highest-paying sectors where professionals can earn lucratively and advance their careers. Modern organizations have been using data for decision-making, and the need for analytics professionals has made their salary structures highly competitive. It happens due to the ability of MSc BA program graduates, who obtain specialized skills and have learned how to turn raw data into valuable knowledge, to receive profitable remuneration packages.

In addition to immediate monetary benefits, the program positions students for continued career advancement as they realize that analytics professionals often occupy critical roles in organizational strategies and decision-making. Therefore, emphasizing impressive financial returns and long-term career growth, the MSc BA program defines itself as a bridge toward a rewarding professional path for its alumni.

Also Read: MBA in Business Analytics vs MSc in Business Analytics

Threats

Threats in MSc business analytics allow you to perceive possible roadblocks to their achievement in the course work or in their future careers. It helps you better lead your rewarding and lucrative career. Below are the Threats in MSc Business Analytics:

Rapid technological advancements

Business analytics is one of the highest-paying sectors where graduates can earn a lot and advance their careers. Modern organizations have been using data for decision-making, and the need for analytics professionals has resulted in their salary structures being highly competitive due to the ability of MSc BA program graduates, who obtain specialized skills and have learned how to turn raw data into valuable knowledge, to receive remuneration packages that can be considered profitable.

In addition to immediate monetary benefits, the program positions students for continued career advancement as they realize that analytics professionals often occupy critical roles in organizational strategies and decision-making. By emphasizing impressive financial returns and long-term career growth, the MSc BA program defines itself as a bridge toward a rewarding professional path for its alumni.

Never outdated: MSc in business analytics from MAHE

The Master of Science in Business Analytics (MSc BA) program provided by the Manipal Academy of Higher Education (MAHE) remains a thoughtful investment into data-driven decision-making. This comprehensive course has been carefully structured to offer students the latest and most advanced analytics, keeping them ahead of field trends.

The curriculum is designed so that theoretical knowledge and practical implementation are merged. It helps the graduates cope with the changed challenges of business. The MSc BA course in MAHE is undoubtedly one of the best and most reliable options for up-skilling needs. The faculty includes professionals with years of experience and field experts who offer students invaluable tips on approaching issues.

What sets this program apart is its provision of practical experience in real conditions through working on projects and cooperation with industry. The graduates of the MSc BA program from MAHE are well prepared to add value to organizations from day one, having been given the necessary skills and knowledge to analyze complex data that informs strategic managerial decisions.

Conclusion

Business analytics is one of the most demanding careers that allows you to create a lucrative career and excel in a thriving industry. The MSc BA offered by MAHE is proof of the institution’s dedication to providing quality education and a guiding star for those looking at future-proof and never-outdated business analytics. Its progressive curriculum, seasoned faculty, and dedication to keeping up with industry trends make this program a dependable option. Therefore, it enables learners to improve their skills in dynamic data analytics.

Data engineer interview questions

In the digital world, technology constantly and consistently evolving. Here, data is the foundation for making relevant decisions across various sectors. Since companies seek better ways to use data, there has been a greater need for highly qualified specialists who can develop and implement a comprehensive system of solid infrastructure. 

Data engineers are involved in establishing and managing the systems architecture that allows organizations to transform raw information into meaningful insights. As big data, cloud computing, and advanced analytics continue to increase across industries such as finance, health care, e-commerce, etc., the demand for skilled data engineers has also increased tremendously.

For this reason, an interview process while hiring data engineers is essential. Due to the technical nature of this role, you must evaluate a candidate’s knowledge and understanding, including programming skills, database management, data modeling, system architecture, etc. Further, assessing problem-solving skills, communication, and teamwork performance with cross-functional groups is critical. Let’s look at the common interview questions for data engineers.

Also read- Data Visualization Best Practices

Fundamental technical questions

Below are some technical queries in Data Engineer job interviews.

  1. What is the difference between an SQL INNER JOIN and a LEFT JOIN? 

INNER JOIN: It retrieves records whose values match in both tables. It yields only the standard rows between these tables.

Example:

SELECT employees.employee_id, employees.employee_name, departments.department_name

FROM employees

INNER JOIN departments de on e.department_id = de.department_id;

LEFT JOIN: It gets all records from the left table and those that match on the right. If there is no coincidence, NULL values are given to the table’s columns.

Example:

SELECT employees.employee_id, employees.employee_name, departments.department_name

FROM employees

LEFT JOIN departments using (employees.department_id = departments.department_id);

Also read- Best Infosys Information Security Engineer Interview Questions and Answers | UNext

  1. What is normalization, and why should it be important in database design?

Normalization helps set up data in a database, hence minimizing redundancy and dependency. Reducing data redundancy and the likelihood that an insert, update, or delete anomaly occurs is critical.

  1. Detail how a primary key differs from a secondary key.

The primary key identifies every record in a table and guarantees no duplicate values within that column.

Example:

CREATE TABLE students (

student_id INT PRIMARY KEY,

student_name VARCHAR(50)

);

A foreign or secondary key refers to another table’s primary key that creates a relationship between two tables.

Example:

CREATE TABLE grades (

    grade_id INT PRIMARY KEY,

    student_id INT,

    grade VARCHAR(2),

    FOREIGN KEY (student_id) REFERENCES students(student_id)

  1. What is denormalization, and in what scenarios would you consider using it?

It is all about intentionally introducing redundancy into a table by combining or duplicating data.

Scenarios for using denormalization:

  • Read-heavy applications where performance is critical
  • Situations where frequent complex joins can be avoided

Also read- Deloitte Interview Process and Questions for Data Analysts (2022-23) | UNext

  1. What are the ACID properties in database transactions? Explain each property.
  • Atomicity guarantees that the transaction is viewed as a unitary entity. All the changes in a transaction or none are committed.
  • Consistency ensures that a transaction takes the database from one valid state to another. The database stays consistent before and after the transaction in a steady state.
  • Isolation ensures that the execution of a transaction is isolated from the effects of other transactions. 
  • Durability guarantees that once a transaction is committed, its effects will persist and survive any subsequent failures, such as power outages or system crashes.

Also read- Top AWS Solutions Architect Interview Questions and Answers | UNext

Big Data Technologies

  1. Explain the key components of the Hadoop ecosystem and their roles in distributed computing.

The Hadoop ecosystem includes the Hadoop Distributed File System (HDFS) for storage, MapReduce for processing, and others like YARN, Hive, and Pig. They are essential for distributed storage, breaking large files into blocks across the cluster.

  1. What is the role of YARN in the Hadoop ecosystem, and how does it facilitate resource management?

YARN (Yet Another Resource Negotiator) is the resource manager in Hadoop. It is responsible for managing and allocating resources to applications. YARN enables multiple applications to share resources on a Hadoop cluster.

  1. Differentiate between the batch processing model of MapReduce and the interactive processing model of Apache Spark.

MapReduce handles data using divisions and conquests to formulate Map (divide) and Reduce. It is batch-processable. Contrastingly, Apache Spark caters to both batch and intermediate processing by relying on in-memory computing.

  1. How does data partitioning in Hadoop contribute to parallel processing?

Data partitioning refers to the situation in which data is split into small pieces and processed in parallel on different nodes. It fosters better parallel processing as each node manages its own data set.

  1. How does Hadoop handle fault tolerance, and what is the significance of data replication in HDFS?

The haploid is where fault tolerance in HDFS occurs through replication. With data replication, there is a copy of the data that can be accessed from another node if one fails.

Job RolesSalary Packages (INR)
Data AnalystINR 4.11 LPA
Data EngineerINR 8.69 LPA
Data ArchitectINR 19.31 LPA
Machine Learning EngineerINR 9.58 LPA
Data ScientistINR 7.07 LPA
Note: All the numbers mentioned above is only indicative and may vary based on role and industry

Payscale

Become a Data Engineer with MAHE

The MAHE MSc-Data Science is a 24-month online course that prepares professionals with the necessary occupational requisites of a data science career. The curriculum is designed for machine learning, big data analytics, stats, visualizations, and perfect basic data science knowledge.

The online mode enables individuals to undertake the program without necessarily deterring from their work schedules or other obligations.

Conclusion

In conclusion, MAHE’s MSc-Data Science program is a complete and customizable choice for people who want to become data engineers. The combination of theoretical knowledge and essential skills assessed in Data Engineer interview skills is a perfect preparation for the dynamic field.

Exciting supply chain project ideas

From streamlining processes to enhancing customer service, supply chain management is an indispensable tool that helps businesses gain a competitive edge. In fact, 55% of manufacturing organizations prioritize improving supply chain visibility to optimize complex processes. Modern integration has made supply chains more efficient and less costly in operation expenses. This change represents a paradigm shift, emphasizing that organizations must adopt innovative solutions to succeed in modern business.

Exploring new concepts in supply chain through projects not only offers insight into the field but also helps you address real-world challenges. Taking on projects can give organizations a competitive edge, delivering better operational effectiveness and shorter lead times while improving customer satisfaction. Let’s learn about innovative project ideas for supply chain management.

For you: Supply Chain Management and Industry 4.0

Unique supply chain project ideas

The three main objectives of supply chain management are cost reduction, efficiency maximization, and productivity growth. However, supply chain management in itself is open to inefficiencies. These supply chain projects for academic and professional growth help you find ways to get rid of those inefficiencies:

IoT-Based Inventory Management

This project highlights the deployment of sensors and connected devices throughout the supply chain for different companies. These companies benefit by receiving accurate real-time information about stock levels or warehouse conditions. It shows the movement of products from production to consumption and allows them to track stock accuracy.

Pursuing this project enables professionals to learn proactive decision-making about their stock. It prepares them to capitalize on the reordering process, minimize stockouts, and reduce excess inventory through an IoT-based Inventory management system. Therefore, it ensures an optimized supply chain.

Also Read: Marketing vs Supply Chain Management: Which is a better career option

Blockchain for supply chain transparency

The blockchain supply chain project helps students and professionals learn about the immutable and decentralized ledger to document every transaction of goods. It also includes the movement of the goods to track their traceability and guarantee the authenticity of the source of products. 

This project will be helpful for the food and pharmaceutical industries. In these industries, customers are often curious to know the product’s source and consumption route. Here, blockchain implementation alleviates fraud, promotes security, and verifies the supply chain network.

Predictive analytics for demand forecasting

Businesses in this digital world need highly accurate models to predict future demands from previous statistics. They can also analyze their market patterns and external influences. The project completion helps employees prepare inventory accurately and minimize risks of overstocking or understocking.

Predictive analytics can highlight different supply chain disruptions, which helps the company reduce its risks and increase overall operational resilience. All these data-based approaches make supply chain management more agile and responsive.

Autonomous vehicles in logistics

Autonomous vehicles in logistics is an excellent supply chain management project topic. It helps students or professionals to understand the reliance on recent technologies like artificial intelligence and sensor systems. 

It helps companies to use autonomous vehicles within the supply chain. Innovation in logistics improves efficiency, decreases transportation expenses, and reduces human errors. This project shows that self-driving vehicles can work faster and deliver faster results. Therefore, it is more reliable, creating a new paradigm in logistics.

Also Read: Best MBA specialization for product management

Sustainability and green supply chain

Environmental issues such as global warming are increasing and getting severe. This necessitates supply chain management focusing on projects highlighting adopting environmentally friendly innovations. In this manner, business companies and their practices on environmental safety are rising.

Sustainability-focused supply chain projects include using renewable sources, minimizing carbon emissions throughout the value chain, and carrying out recycling practices. It helps students and working professionals to understand corporate social responsibility and meet customers’ needs with environmental practices.

Augmented Reality (AR) in warehouse operations

Augmented reality (AR) is one of the most intriguing and innovative project ideas for supply chain management within warehouse operations. A project on warehouse management in the supply chain helps people understand order picking, inventory control, and training processes using AR technology.

The project highlights real-time worker information through AR interfaces. It helps companies organize operations, decrease production mistakes, and enhance productivity. It also shows how advanced technology can revolutionize warehouses.

Supply chain risk management system

Developing a comprehensive SCRM System to identify, assess, and address supply chain risks is an important supply chain project that professionals must complete. The project shows the significance of sophisticated software to the students. This software enables real-time data, predictive analytics, and machine learning algorithms.

These benefits help the companies to evaluate their risks and discover solutions. A supply chain risk management system addresses company disruptions resulting from natural disasters, geopolitical events, or economic instabilities. Therefore, it ensures resilience in their supply chains.

Collaboration platforms for supply chain partners

Developing specialized collaboration platforms for supply chain partners is one of the best supply chain projects for academic and professional growth. It improves communication and coordination among different parties in the value stream.

The project highlights real-time tracking, stock management, and information sharing to simplify the supply chain process. The project aims to improve cooperation and efficiency, reduce delivery times, and minimize costs. It creates a more responsive supply chain ecosystem.

3D Printing in manufacturing and distribution

Supply chain models change radically in manufacturing and distribution operations due to 3D printing technology. The topic included in the project demonstrates individual production, elimination of administrative costs, and personalized manufacturing.

The technology also decreases transit and warehousing requirements in distribution centers implementing 3D printing. Thus, the project discusses technology, feasibility, and new supply chain strategies for this innovative manufacturing method.

Robotic Process Automation (RPA) for supply chain Processes

If you are looking for final year project suggestions for supply chain management, RPA should be on your list. RPA allows companies to enhance profits and cost-effectiveness. The project can involve the construction and deployment of robots to facilitate data entry, order fulfillment, and invoice handling.

It reduces errors and lets humans tackle more software supply chain management. Thus, based on a structured approach to automation that matches the current workflows in place, supply chain processes can implement RPA.

Also Read: How will an MBA in Operations Management benefit engineers?

MAHE: Get the ideal mentorship for Supply Chain Management

The MBA in Supply Chain Management at MAHE equips you with the necessary skills and knowledge to create a lucrative career. It gives students an in-depth understanding of how goods and services are transported between points A and B. Additionally, it has a mentorship program that aims to guide every student from industry management one-on-one.

The program offers professionals and fresh graduates a chance to dive into the world of supply chain management. The curriculum also takes into account the diverse backgrounds of its students. It is ideal for beginners or youngsters in the discipline and professionals with prior exposure to supply chain management.

On the other hand, the program is also made financially affordable. The transparent fee structure has a semester fee of INR 43,750 and total course fees equal to INR 1,75,00. MAHE provides an EMI facility where students can pay as little as INR 7,292 monthly.

Conclusion

More than 48% of businesses believe that they are under immense pressure to enhance supply chain sustainability. This clearly states the demand for supply chain management professionals. Exploring project topics to enhance skills in supply chain management shows innovative opportunities for productivity and effectiveness in different organizations.

These project topics show the future of supply chains and the usage of data analytics, automation, and blockchain technologies to optimize processes. In this journey, choose Manipal Academy of Higher Education (MAHE) as your partner in growth and excellence. The online MBA in Supply Chain Management equips you with extensive and in-depth domain knowledge to secure lucrative career positions.

Meet Naina Goel: A seasoned CA and a budding, aspiring YouTuber 

In today’s fast-paced world, the ability to strike a balance between a full-time job, academic commitments, and a burgeoning social media presence is no small feat. We caught up in a candid conversation with Naina Goel, a Chartered Accountant (CA) by profession working at one of the big fours- Deloitte USI, and an influencer by passion. This blog throws light on how she enjoys the limelight as a social media influencer, apart from her corporate job.  

Hailing from Meerut, Uttar Pradesh, Naina is a 22-year-old Chartered Accountant pursuing her online MBA from Manipal University Jaipur, who enjoys singing, painting, travelling, and believes in constant learning. Naina insists that one should always try to do something, without sitting idle, even if it’s something small. Walking the talk, she is also slowly but surely becoming quite the influencer running a successful YouTube channel: @purpleora_canainagoel.  

Naina Goel was drawn towards making her own videos by participating in various debate competitions, reading novels, and watching several hundred YouTube videos.  

“I love motivating people around me” 

Naina decided to start her own YouTube channel to motivate and connect with people. “Providing the boost that everyone needs sometimes to get started is very necessary. I share productivity hacks, journaling tutorials, finance tips, and life management techniques on my channel, that motivates people,” she says. 

A video from Naina Goel’s YouTube channel about e-rupee by RBI

“Devoting time towards making videos regularly is challenging” 

Working as a Chartered Accountant and making videos to stay active on social media was quite challenging for Naina. But speaking about her passion to connect with her followers regularly, she says, “I started my YouTube channel two years back. It was difficult for me to devote time towards creating videos regularly, so I stopped working on it after 13 videos. But creating content that guides and motivates people is something that I’m deeply passionate about. So, I decided to revive my channel. It’s been four months since I’ve been able to balance between my studies, work commitments, and making videos. I like to be creative, and that’s my motivation.” 

Speaking about the creative process she follows while making her videos, Naina says, “Whenever I get an idea for a new video, I make sure to jot it down immediately so that I can refer to it while executing. I then start my research around that topic, script it, and then start shooting. The next step is editing which takes a huge chunk of time, so I keep a lot of buffers for this.” 

“Time management is key” 

Managing multiple commitments everyday involves managing time effectively. Since the entire process involves a lot of steps and I must juggle between my work and studies along with creating videos, time management is something I need to be very particular about. 

“My name was top search in Google” 

Speaking about her most memorable moment so far, Naina shares, “One day, a close friend, Neeraj, typed my name (CA Naina Goel) on Google and I couldn’t believe that I was on the top of the search results! Not just my LinkedIn profile but one of my YouTube videos as well. It was an amazing feeling to be seen on the world wide web. I only have 590 subscribers as of now but recently my video on e-rupee got 13K views.” 

Conclusion 

Naina, a seasoned professional and budding influencer, was able to manage her current commitments with the help of Manipal University Jaipur’s flexible online MBA degree. The online MBA offered by Manipal University Jaipur is UGC-entitled, flexible, and affordable. You can elevate your career to new heights through our industry-oriented curriculum, taught by expert faculty, most of them who are PhD holders. Want to know more about our online programs? Visit our website stg-onlinemanipalnew-staging.kinsta.cloud to drive the change in your life. 

A comprehensive guide to online portfolios

Job hunting requires an online portfolio that showcases your skills well. This guide will help you create a compelling online portfolio that not only highlights your capabilities but leaves a lasting impression on employers. We delve into the art and science of constructing a portfolio. This is done by offering insights on design elements and strategies to effectively communicate your unique strengths. This guide provides a roadmap to curate an online portfolio that aligns with your career aspirations.

As we embark on this journey of digital self-presentation, prepare to unlock doors of opportunity and present yourself as the ideal candidate employers are eager to engage with. Discover how Online Manipal‘s industry-aligned courses can further enhance your skill set, making your online portfolio even more compelling in the eyes of prospective employers.

Check out: Crafting an Impactful Online Portfolio: Showcasing Your Skills in the Digital Era

What is an online portfolio?

An online portfolio is a digital document that includes an individual’s professional journey. It also includes the skills and accomplishments of an individual. It goes beyond the limitations of a traditional resume because it provides a visually engaging platform to showcase your work. It serves as a hub where you can display several of your projects and accomplishments. It acts as a dynamic supplement to your resume by offering a more interactive glimpse into your capabilities.

It is like your digital collection of things that show how good you are at your work. It is a special place where you can put reports and things you have made to let others see what you can do. Imagine it as a more interesting version of a resume. You can share short stories about who you are and what you’ve done. Making it look nice and easy to use is important so people enjoy looking at it. You can add fun things like buttons or links that others can click on to explore more. It’s like a cool digital storybook about the professional journey that you create, making sure others see all the awesome things you’ve done.

Check Out: How to Build a Robust Data Science Portfolio

Components of an online portfolio

Your online portfolio is like a digital exhibit showcasing your professional journey and skills. Let’s break down the essential components that form its foundation:

  • Work Samples: These are the stars of your portfolio—actual examples of your work. Include projects, reports, designs, or anything that illustrates your skills and achievements.
  • Bio and Professional Overview: Introduce yourself with a short bio. Share key details about your professional background, skills, and aspirations. This section gives visitors a quick snapshot of who you are.
  • Resume and CV: Provide your resume on your portfolio. This provides a more detailed overview of your education and work experience. This allows interested parties to delve into your professional history.
  • Recommendations: Boost your credibility by including notes from your supervisors. Positive feedback adds weight to your profile. It offers a glimpse into how others perceive your work.
  • Accessibility: Make your portfolio viable on both mobile and computer devices. Potential employers could be using either device, so this is crucial.
  • Contact Information: Include professional contact details so that potential employers can reach out easily.
  • Interactive Elements: Improve your portfolio with clickable links and embedded media. These will make your portfolio engaging and easy to explore.
  • SEO Optimization: Implement basic SEO strategies to make your portfolio more discoverable online. 

Check Out: Top Business Analytics Projects To Enhance Your Resume & Portfolio 

How to build your online portfolio

Building your portfolio involves thoughtful planning. Let’s get into the process of transforming the concept of your digital portfolio into a visually appealing and impactful reality:

Define your purpose and audience 

Clearly, you understand why you are creating the portfolio. Tailor your content and design choices to resonate with your target audience. This could be potential employers or collaborators.

Choose the right platform 

Explore various online platforms that cater to portfolio creation. Options like Behance or personal website builders such as Wix offer diverse features. Select a platform that aligns with your goals and provides the flexibility you need.

Curate your work 

Select the best examples of your work that align with your professional goals. Showcase a variety of projects to highlight your skills. Remember that quality matters more than quantity.

Craft a compelling bio and overview 

Write a brief but impactful bio that introduces you professionally. Communicate your skills and aspirations. This section serves as the initial hook to invite visitors to learn more about you.

Design an engaging layout 

Opt for a clean and visually appealing layout that enhances the user experience. Ensure that your portfolio is easy to go through, with sections logically organized. Use consistent fonts to create a cohesive visual identity.

Incorporate interactive elements 

Add clickable elements such as buttons or links to make your portfolio interactive. This guides visitors through your content and adds an engaging touch.

Include testimonials and recommendations 

Showcase positive feedback from supervisors. They add credibility to your portfolio. They offer a third-party perspective on your capabilities.

Optimize for SEO 

Implement basic search engine optimization strategies. This will enhance the discoverability of your portfolio. Use relevant keywords in your content. Use meta descriptions to improve your visibility on search engines.

Regularly update your portfolio 

Treat your online portfolio as a living document. Regularly update it with new projects or achievements. This ensures that your digital showcase stays current and relevant.

Seek feedback 

Seek feedback from peers or friends before publishing your portfolio. Constructive input can help refine your content and design choices. This will ensure that your portfolio is well-received by its intended audience.

Craft a compelling online portfolio to attract potential employers

Online Manipal is a leading digital education platform that stands at the forefront of transformative learning experiences through which prestigious Manipal universities  offer a range of UGC-entitled degrees. These programs are distinguished by the advanced Learning Management System (LMS) and their industry-aligned curriculum. Students benefit from a wealth of resources like highly qualified faculty and access to an extensive e-learning content library. With UGC-entitled degrees, NAAC A+ accreditation, and unique offerings like free access to Coursera content, Google cloud computing foundation curriculum, and virtual labs for practical experience, Online Manipal paves the way for a future-ready education.

As you embark on the journey of crafting your online portfolio, the alliance with Online Manipal becomes a strategic catalyst for enhancing your career prospects. The placement assistance provided by Online Manipal gains an extra layer of effectiveness when complemented by a well-crafted online portfolio. Your portfolio serves as an exhibit of your projects and achievements. It provides tangible evidence of your capabilities to potential employers. Your portfolio becomes a powerful extension of your professional identity when it is integrated seamlessly with Online Manipal’s placement assistance. It offers a comprehensive view of your expertise and bolsters your chances of securing coveted opportunities in your chosen field. The combination of transformative education and a visually compelling online portfolio positions you at the forefront of the competitive job market.

Check Out: Where Can I Make a Good Portfolio of Data Science Projects?

Conclusion

The creation of an online portfolio emerges as a pivotal tool for professionals aiming to leave a lasting impression. As you go through how you showcase your skills, the integration of a vibrant online portfolio becomes important. It amplifies the impact of Online Manipal’s placement assistance. Together, they form a seamless pathway toward professional success, where your skills, achievements, and academic credentials converge in a visually compelling narrative. The culmination of education through Online Manipal and a well-curated online portfolio positions you as a standout candidate.

Republic Day 2024: Empowering India with educational growth through online degrees

India is a culturally distinctive nation in the globe and is home to one of the world’s oldest cultures. Each Indian state exhibits a unique approach to education which are highly influenced by cultural values, economic conditions and historical perspectives. On the occasion of Republic Day, we deep dive into the diverse educational paradigms existing in India, the role of Online Manipal in connecting learners, and how this contributes to the overarching objective of enhancing India’s educational landscape. 

The multicultural education approach in India 

Multicultural education is based on the philosophy of liberalism and promotes ideals of freedom, justice and equality. Multicultural education is essential in the Indian context, considering India is a country that is bound by several unique cultures. The goal of multicultural education includes- 

  • Developing a democratic society in which cultural democracy and empowerment are experienced by all groups. 
  • Promoting social justice, peace and harmony 
  • Instilling a sense of cultural competence among students 
  • Assisting students in gaining the skills, knowledge and abilities to function effectively in their own microcultures 
  • Eliminating prejudices against people of varied cultures and religion 

Diverse educational approaches in India  

India’s education landscape has adopted multiple educational approaches. While some states prioritize conventional education, placing a premium on academic rigor and traditional learning methodologies. In contrast, others embrace vocational or skill-based learning, recognizing the need for practical expertise in a rapidly evolving job market. These divergent approaches stem from a combination of cultural values, economic conditions, and historical legacies, reflecting the complexity of India’s socio-economic fabric.  

Online Manipal’s vision for educational connectivity 

Keeping these aspects in mind, Online Manipal stands as a pioneer in the online education space, transcending geographical boundaries by bringing together learners from diverse backgrounds. Our vision aligns seamlessly with the national objective of fostering educational growth and development. By providing a flexible and accessible online learning environment, Online Manipal serves as a catalyst for bridging educational gaps, irrespective of the diverse approaches prevalent in different states. 

Connecting learners across the nation 

Online Manipal’s commitment to connecting learners is exemplified through its diverse student community, representing various states and educational backgrounds. We are proud to have a learner footprint from 1500+ cities and towns in India over 60+ students nationalities. We have played a key role in empowering the lives of thousands of online learners by way of providing UGC-entitled online degrees that are flexible, affordable and accessible. Through this, earners not only gain exposure to varied perspectives but also foster a sense of unity in diversity, mirroring the ethos of the nation.  

Read more: How online degrees empower learners from diverse backgrounds 

Contributing to India’s educational growth 

The success stories emerging from Online Manipal echo the broader narrative of India’s educational growth. As learners from different states come together, they contribute to a collaborative learning environment. The online courses available on Online Manipal are designed to me the evolving demands of the job market, empower students with in-demand skills and knowledge aligned with the diverse needs of the global workforce.  

Flexibility & accessibility: The core objective of Online Manipal 

One of the key goals of Online Manipal includes providing flexible and accessible degrees. Recognizing the diverse socio-economic conditions prevalent across states, we empower learners with the freedom to pursue education at their own pace and convenience. This inclusivity ensures that individuals from various walks of life, irrespective of their geographical location, can access quality education and contribute to the collective educational growth of the nation. Online Manipal caters to learners from cities and empowers learners from small towns by giving them access to flexible and accessible online degrees.  

Read more: How our online degrees have empowered women from small towns & villages of India 

Empowering learners for a dynamic future 

Online Manipal’s role in the life of online learners extends beyond just giving access to online degrees from premium universities like Manipal University Jaipur (MUJ), Manipal Academy of Higher Education (MAHE), T.A. Pai Management Institute. Through a blend of cutting-edge curriculum, industry-relevant courses, and personalized learning experiences, Online Manipal aims at equipping students with the skills and knowledge needed to rapidly thrive in the job market. 

Read more: How Online Manipal is #DrivingTheChange in the lives of online learners 

Here’s how Online Manipal has transformed the lives of learners from diverse backgrounds.

Muskan Jain, online MBA 

“It was a great opportunity to get a degree from a renowned university like Manipal University Jaipur. I would say it was life changing in a way that this degree is going to uplift my career in many ways and I’m very glad I chose MUJ.” 

Swati Kashyap, online MBA 

“I can say that my life has changed completely after pursuing this online MBA from Manipal University Jaipur. Halfway through my MBA degree, I was promoted to the position of manager. I gained immense knowledge and skills in human resources through the live lectures, which has helped me excel in my current job role.” 

Conclusion 

Online Manipal strives towards achieving one goal ultimately: to help India grow in educational growth and development. At Online Manipal, we aim to connect learners across the country and help them achieve their dreams. Want to know more about the online courses you can access on Online Manipal? Well, check out our website stg-onlinemanipalnew-staging.kinsta.cloud and pave the way for your dream career.  

Success stories: Tales of triumph with MUJ’s online BCom program 

In the ever-evolving landscape of education, flexibility and quality are paramount. Two individuals, Isha Jain and Ananya Agarwal, found their paths to success intertwined with the Online BCom program at MUJ. Their experiences shed light on the exceptional opportunities and support provided by MUJ’s online platform. 

Juggling multiple options 

Isha Jain, in her journey, stumbled upon MUJ’s online BCom program while exploring various correspondence courses. Drawn by the glowing reviews and supported by exemplary admission counsellors, Isha embarked on a learning journey that exceeded her expectations. Elaborating about her learning journey, she says, “I stumbled upon the online BCom program at MUJ while exploring correspondence courses, and I must say, the reviews were glowing. The admission counselors were incredibly supportive, guiding me through every step with exceptional care. The learning journey was nothing short of exceptional, offering flexibility that allowed me to peacefully pursue my CS alongside my BCom studies. Not once did I encounter exam clashes, making the entire process seamless. Furthermore, the concept of extensions proved to be a lifesaver, particularly for individuals like me juggling multiple courses.” 

One stone two birds 

On the other hand, Ananya Agarwal’s quest for a reputable institution to complement her CA studies led her to MUJ’s online platform. Captivated by a newspaper advertisement, Ananya discovered a treasure trove of resources tailored to her needs. The recorded sessions became her guiding light, offering invaluable support in revisiting critical concepts at her convenience. Absolutely elated by her learning options, she says, “I discovered the online BCom program through a newspaper advertisement. Already committed to my CA studies, I sought a reputable institution for my BCom degree, leading me to choose MUJ’s online platform. The recorded sessions provided prove invaluable, allowing me to revisit crucial concepts at my leisure, enhancing my understanding and convenience.” This flexibility not only enhanced her understanding but also streamlined her learning process, allowing her to excel in both her CA and BCom pursuits. 

MUJ: Helping learners realize all learning needs and dreams 

In the realm of online education, MUJ emerges as a beacon of excellence. With dedicated admission counsellors, flexible learning options, and a commitment to student success, MUJ’s online BCom program stands as a testament to their unwavering dedication to education. For individuals seeking to carve their paths to success amidst busy schedules and diverse academic interests, pursuing online degrees from MUJ proves to be a wise and rewarding choice. 

  • Reputation and Accreditation: MUJ is renowned for its academic excellence and holds accreditation from reputable bodies, ensuring that your BCom degree is recognized and respected in the professional world. 
  • Flexible Learning: MUJ’s online platform provides flexibility in scheduling, allowing students to balance their BCom studies with other commitments such as work or further education pursuits like CA, as highlighted by the testimonials of Isha Jain and Ananya Agarwal. 
  • Supportive Environment: MUJ’s dedicated admission counselors and faculty members are committed to providing exceptional support and guidance throughout your academic journey, ensuring that you have the resources and assistance you need to succeed. 
  •  Seamless Experience: With MUJ’s online platform, students can expect a seamless learning experience, free from exam clashes and disruptions. The concept of extensions further enhances this experience, providing a safety net for students managing multiple courses. 
  • Innovative Resources: MUJ’s online BCom program utilizes cutting-edge technology and resources, such as recorded sessions, to enhance learning outcomes and cater to diverse learning styles, ensuring that students have access to the tools they need to excel. 
  • Career Opportunities: Graduating with a BCom degree from MUJ opens up a world of career opportunities across various industries. MUJ’s strong industry connections and career support services empower students to pursue their professional aspirations with confidence. 

Conclusion 

Isha Jain and Ananya Agarwal’s testimonials underscore the transformative power of education facilitated by MUJ’s online platform. Their stories serve as inspirations for aspiring students, showcasing the boundless opportunities awaiting those who choose to embark on their academic journeys with MUJ. 

Unconventional job roles after an MBA

From entrepreneurial opportunities to lucrative career options, pursuing an MBA offers professionals the right set of circumstances where they can grow and thrive. It also offers proficiency in the advanced business abilities required to excel in administrative and managerial roles. The demand for an MBA can be highlighted by a report that states a staggering 92% of business recruiters indicate a strong intention to acquire new MBA graduates.

The job market has evolved due to rapid developments, resulting in the rise of unconventional roles. To follow strong job opportunities or have a bigger social impact, degree holders look for non-traditional MBA job options. The U.S. Bureau of Labor Statistics (BLS) anticipates job growth for social and community services managers at 17% and for health services managers at 32% between 2019 and 2029. There are many emerging roles after an MBA. Let’s explore unique and unconventional job opportunities post-MBA in detail.

Entrepreneurship and start-up ventures

Besides executives and managerial opportunities, having an MBA degree opens a door for you to launch and manage your start-up. An MBA program gives you the thorough business education and skill set you need to successfully navigate the complex realm of business processes. Entrepreneurial opportunities after MBA also offer access to numerous traditional and non-traditional career opportunities.

MBA graduates can find entrepreneurial opportunities within established companies by building sustainable business models, effective marketing and communication strategies, efficient resource management, and the ability to expand their ventures. It is achieved by utilizing their understanding of finance, marketing, operations, and strategy.

Nike, co-founded by Phil Knight, was effectively taken to new heights and elevated to a very prestigious status. Even if Knight had a natural gift for business, we can’t ignore the fact that he graduated with an MBA from Stanford Business School, where he realized he was a true entrepreneur.

Top Emerging Roles after MBA in 2024

SpecializationCareer Opportunities
MBA in Artificial Intelligence & Machine LearningAI Product Manager, AI Strategy Consultant, AI Business Analyst, AI Project Manager, and more
MBA in Business Analytics & Big DataChief Data Officer, Business Intelligence Manager, Business Analytics Manager, Marketing Analyst, and more
MBA in EntrepreneurshipBusiness Consultants, Sales Managers, Product Managers, Marketing Analysts, or more
MBA in Rural & Agri-BusinessFarm Manager, Agriculture Officer, Agricultural Analyst, Marketing Manager, and more
MBA in Public Administration & GovernmentPolicy Analyst, Public Affairs Specialist, Budget Analyst, Urban planner, and more

Also Read: MBA Healthcare Management final year project topics

Corporate ocial Responsibility (CSR) and sustainability roles

Environmental issues, such as climate change, are a major concern in our daily lives. More companies than ever are searching for professionals to assist them in managing their environmental and sustainable initiatives. Understanding sustainability’s social, economic, and environmental facets, as well as how they relate to corporate objectives, is made possible by an MBA. This information supports your capacity to make business cases for sustainability and promote long-term organizational transformation.

Digital Marketing Strategist

An expert who directs a business in organizing and launching marketing initiatives is known as a digital marketing strategist. With internet shopping becoming more and more prevalent, recent MBA grads may choose to consider opportunities in digital marketing or online retail. Expertise in online advertising, customer analytics, digital strategy, and e-commerce operations is highly regarded. For businesses working in the digital sphere, this unconventional route involves using technology, data analytics, and online platforms to increase revenue growth, consumer engagement, and brand recognition.

Chief Happiness Officer (CHO) and Employee Well-being Roles

This is one of the unique MBA career paths that MBA graduates can opt for. A chief happiness officer (CHO) typically works in the human resources (HR) division, offering managers and staff consultation and guidance. To create work environments where employees feel content and joyful and to address mental health and employee engagement, CHOs often work in collaboration with other members of the HR team, including managers, employee relations managers, and HR generalists. A CHO looks more closely at the psychological and behavioral components of work to identify strategies and actions that improve worker satisfaction.

Data Analytics and Business Intelligence Consultant

Professionals with backgrounds in business intelligence and data analytics are in more demand in the big data era. Strong data analysis abilities enable MBA graduates to work in a variety of industries as analysts, business analysts, or data scientists. MBA graduates may support data-driven decision-making, acquire insightful knowledge, and promote strategic growth inside firms using their analytical abilities and business acumen. The opportunity to engage with cutting-edge technologies and contribute to the data revolution across industries is provided by this unconventional career path. This makes data analytics and business intelligence stand strong as one of the most specialized industries for MBA grads.

Innovation Manager

The responsibility of innovation managers includes establishing an innovative culture in companies. This is one of the unique MBA career paths that MBA graduates can follow. The innovation managers collaborate with other departments to identify problem areas and create plans of action to boost output and efficiency. Innovation managers identify and apply cutting-edge technology, drive organizational transformation and growth through innovation, and assist in forming the culture and procedures necessary for innovation to flourish in a particular business. 

Also Read: Roles to explore after an MBA in Business Analytics

Chief Learning Officer (CLO) and Training Specialist

A senior-level executive who designs and manages an organization’s training and education initiatives is known as the chief learning officer. Chief learning officers (CLOs) can have a variety of job roles, but they typically report directly to chief executive officers or talent officers and collaborate closely with HR. They support the creation of staff development training programs, the improvement of organizational learning and skill development, and the integration of training activities with the overall business plan.

Brand Evangelist and Customer Experience Manager

Evangelists increase product value and promote loyalty by taking on cross-functional duties throughout the customer journey. Creating plans to enhance a brand’s entire consumer experience is another duty that may fall to brand experience managers. This could involve anything from raising sales through more effective marketing initiatives to raising the caliber of goods or services a business offers. They act as the real brand ambassadors, contributing to the building and maintaining of powerful brand identities as well as the improvement of consumer experiences via strategic efforts.

Also Read: High-paying finance roles to explore after MBA BKFS 

Sports Management and Event Planning

Sports teams and facilities need administration of different areas of their operations, much like any other form of business. You will learn the strategic planning, leadership, strategic thinking, and financial management skills necessary to successfully navigate the business side of the sports or entertainment industry and make wise decisions that will drive success. Also an MBA graduate may also work in entertainment or media management, which would put their analytical, negotiating, and communication talents to use.

Futurist and Trend Analyst

The world we live in is evolving quickly. Everything has been on the rise in recent years, from client behavior to technology innovation. Finding changes in the market over a given time frame is the main goal of trend analysis reports. To stay up-to-date, a futurist or trend analyst must analyze market trends, project future industry landscapes, establish strategic plans based on developing technologies and societal changes, and then shape corporate strategies for long-term success following those predictions to ensure business growth.

Remote Work Consultant

The arrival of the digital age has resulted in a considerable surge in remote consulting employment in recent times. If you have experience in a certain industry and wish to work independently, becoming a remote consultant can be a fulfilling career decision. They support businesses in implementing successful remote work policies, managing productivity and employee well-being in virtual workplaces, and navigating the transition to remote and hybrid work environments for the smooth functioning of businesses.

Also ReadCourses after MBA Marketing to scale up your career

MAHE and the various MBA specializations it offers

Manipal Academy of Higher Education is one of the top academic institutions in India that offers specialized MBA programs. It is recognized as an Institution of Eminence by the Indian Ministry of Education. From MBA in Analytics and Data Science to Marketing, the institute offers 10 career-focused electives to choose from. It is a globally engaged school that actively collaborates with over 250 esteemed universities across the globe.

Become a competitive leader in today’s industry by enrolling in MAHE’s online Master of Business Administration (MBA) program. To build successful career paths in the field and industry of their choice, learners can select from both traditional & non-traditional MBA job options, which include 10 career-focused electives, including HR, Finance, Marketing, Operations, International Business, IT & Fintech, Analytics & Data Science, and more.

Conclusion

Identifying the programs that will help you achieve your professional and personal objectives is crucial when considering the types of jobs you can obtain with an MBA. There are many non-traditional emerging roles after MBA you can choose. Therefore, obtaining an online MBA has become essential to improving career results as technology continues to transform the business landscape. From 2023 to 2032, the size of the worldwide MBA education market is projected to grow at a 15.6% CAGR.

As societal requirements evolve, the non-traditional and specialized industries for MBA grads will become popular. The comprehensive and engaging learning environment provided by the MAHE online MBA program gives professionals the technology know-how and business acumen they need to succeed in the cutthroat job market of today. Choose MAHE to start your journey toward a fulfilling professional transformation. 

SWOT analysis of MSc data science

The market for data science platforms is predicted to grow from $112.12 billion in 2022 to around $501.03 billion by 2032. During this time, the employment opportunities of data scientists are also predicted to grow by 35%. These numbers show that data science offers access to thriving industries with lucrative careers. The MSc in Data Science is the best way to ensure that you reap the full benefits of this growing industry. It is a holistic course that equips you with different choices in the emerging decision-making world.

Before making a decision, it is essential to carry out a SWOT analysis of MSc data science. It enables aspirants to understand the strengths, weaknesses, opportunities, and threats linked with the program and the career following it. Professionals need to be adaptable to different dynamic data science trends. The blog delves into the MSc Data Science program SWOT analysis and the skills needed for MSc Data Science jobs.

Also Read: MapReduce: Simplifying big data processing

Strengths

The strengths of MSc data science allow you to pinpoint the differentiating factors of the program. By analyzing a program’s strengths, you can determine its successful aspects and distinguish it from other programs. Following are the Strengths of MSc Data Science:

Comprehensive curriculum

MSc in Data Science has a profound curriculum that gives students detailed knowledge about data science tools and strategies. The program provides knowledge beyond the normal level and explores in-depth concepts defining data science. It has a formal structure to ensure that students gain skills in statistical analysis, data visualization, and programming languages. All these are essential for implementing data usage within organizations.

Professionals must incorporate practical examples, such as case studies, to enrich the real-life use of theories. When students understand theoretical subjects apart from solving practical problems, they gain experience working in real-life situations. Hence, it prepares them to face reality.

Industry-relevant skills

The MSc Data Science curriculum helps students and professionals develop industry-specific technical skills. It highlights the program schedule and the current demands of modern data science. It focuses on data analysis, machine learning, and predictive modeling skills. These skills are among the strengths that develop their focus building.

Professionals are taught fundamental data science concepts and interact with real-life cases through practical experiences. The program curriculum sets them apart because it keeps aspirants updated on the latest trends in their respective industries. On the other hand, all the data science modules are designed to inform about emerging technologies, and methodologies are incorporated. All the master’s graduates in Data Science are well-equipped to face different developmental challenges.

Also Read: Top open-source big data tools you must consider for data science projects

Weaknesses

The weaknesses of MSc data science help you recognize the program’s shortcomings and enable pupils to see where they need to grow. They may improve their learning process and raise their chances of succeeding in the program by addressing these flaws. The following are the Weaknesses of MSc Data Science:

Program duration and intensity

Besides several benefits of opting for an MSc in Data science, there are some weaknesses. The curriculum has a wide range of topics, from technical to soft skills, with limited time. It is challenging for specific students, especially those with other personal necessities like employment or family demands. 

The master’s program has a shorter completion time, making it impossible for students to implement vast concepts. Students find it difficult to absorb all the topics within a limited time and learn them. Moreover, it does not reach the depth level for some topics due to attempted coverage in a shorter time. It leads to insufficient knowledge about particular domains within data science.

Opportunities

The opportunities in MSc data science help you identify prospective careers after the completion of the program. It also enables you to explore different industries and the range of career prospects it offers. Below are the Opportunities in MSc Data Science:

Increasing demand for analytics professionals

The demand for data science professionals is growing because they hold technical efficinecy in several programming languages. It teaches critical thinking and problem-solving skills to analyze complex data. It helps them to extract essential information from the complex data. All these opportunities exist in healthcare, finance, and e-commerce domains. 

On the other hand, graduates in data science master programs can choose their branch depending on their interests and plans. There has been an emergence of data-driven decision-making places in several organizations and industries. The MSc Data Science graduates are in the middle of innovation and creativity.

Also Read: Types of resumes for data science aspirants

Networking and industry connections

Networking is one of the indispensable components of the MSc Data Science program. The program creates an academic environment by building collaboration with influential leaders and involving alumni in a dynamic ecosystem.

The students can opt for different internship programs, collaborative projects, and mentor-pairing arrangements. It helps you learn practical knowledge of this industry’s dynamics. It makes learning productive and enables students to get quick employment after passing. 

The focus on networking brings potential placements in a job part of data science. Also, it provides an opportunity for research and innovation in diverse fields, including media studies, psychology, art history, and architecture.

Rewards and remuneration

The salaries of data science graduates are competitive and generous because their expertise is extensive and essential. The professionals possess specific abilities and the capacity to analyze data or research. This way, there has been an unprecedented demand for data specialists, securing them a beneficial point in wage negotiations.

The data science industry has high employee growth, making them gain leadership positions in a blink. Therefore, recruiting graduates of this program enables businesses to get top talent and true leaders in an industry. Professionals can get exposure to a high premium on skills earned through experience. In fact, the employment rate for data scientists is expected to increase by 36% from 2021 to 2031.

Data science is an attractive career choice where the focus stays on decision-making. Professionals with an MSc in Data Science get financial and career benefits depending on the skills they apply in their employment.

Job RolesAverage Annual Salary
Data AnalystINR 4.11 LPA
Data EngineerINR 8.69 LPA
Data ArchitectINR 19.31 LPA
Machine Learning EngineerINR 9.58 LPA
Data ScientistINR 7.07 LPA
Note: The information provided above is only indicative and may vary according to market standards

Source

Threats

Addressing threats in MSc data science allows students to reduce risks by being aware of potential hazards. It helps you create a leading career that is full of recognition and rewards. Below are the Threats in MSc Data Science:

Rapid technological advancements

Threats to the MSc Data Science program include the challenge posed by rapid technological advancements. New technologies and tools are evolving daily at an accelerated pace, so the program’s curriculum may need to be updated. Moreover, the technologies are ever-evolving and require a proactive approach to curriculum development.

It ensures that students are equipped with the latest knowledge and skills demanded by the industry. To address the threats of data science, professionals should ensure constant learning. They should incorporate practical projects and experiments into the curriculum. In this manner, students are exposed to hands-on applications of cutting-edge technologies and theories. This approach allows students to adapt to the latest tools and methodologies, fostering a mindset of continuous learning.

Also Read: Top movies every data science enthusiast must watch!

Never outdated: MSc in Data Science from MAHE

The Master of Science in Data Science program offered by Manipal Academy of Higher Education (MAHE) is one of the most innovative and excellent programs in data science. The program is curated to help aspirants master all the skills needed for MSc data science jobs. The curriculum of this program ensures that every student is equipped with the current and relevant skills of the industry. All the subjects are curated to incorporate the latest advancements in machine learning and artificial intelligence.

Graduates of data science master’s programs have the current updated knowledge because of regular curriculum changes. Here, students are well-prepared to face real-life problems and challenges after getting the degree.

MAHE’s MSc in Data Science program is the best and most reliable upskilling course. The institution’s faculty has the best professionals and industry experts who emphasize hands-on learning.  It encourages students to apply theoretical knowledge to real-world scenarios through projects, internships, and case studies. 

Conclusion

The SWOT analysis of the MSc in Data Science program is evident that each theoretical knowledge must be able to provide a competitive education. For professionals, the advanced curriculum, trained educators, and hands-on learning options are still the best. All professionals who work seek the most dependable upskilling choice for data science. As a result, graduates come out with a degree and the skills and flexibility to succeed in the dynamic world of technology. MAHE offers a comprehensive MSc data science program that enables you to master skills needed for MSc Data Science jobs.

Pursuing business analytics after BBA/BCOM

Data is king in the business world. It helps organizations learn, improve efficiency, and make informed decisions. However, data alone is not any good. It requires a professional to extract meaningful insights from it. Business analytics entails the interpretation of complicated data sets.

BBA or BCOM graduates benefit from business analytics by gaining analytical skills to navigate current business challenges. It goes beyond conventional business knowledge. It gives students a competitive edge by utilizing data-driven insights.

Must read: Data: A fuel that drives business decisions

Importance of business analytics for BBA/BCOM graduates

The high demand for analytics graduates is due to their proficiency in managing large data. Thus, pursuing business analytics after completing BBA/BCOM can give you a competitive advantage. Companies seek experts who can provide valuable data-driven insights. BBA/BCOM graduates who specialize in business analytics can fulfill these industry standards. Graduates in business administration and economics enhance decision-making with business analytics. These skills aid in creating strategic plans aligned with company goals.

Key skills required for business analytics

Advanced studies in analytics for BBA/BCOM graduates require some key skills. These are:

A. Analytical skills

Analytical abilities are essential for business analytics. They allow workers to decipher complicated data and extract valuable knowledge for decision-making.

B. Statistical proficiency

To effectively understand data, professionals must possess statistical proficiency. This knowledge enables them to spot patterns, draw dependable conclusions, and make data-driven decisions.

C. Data visualization expertise

Proficiency in data visualization enables experts to visually convey intricate insights through charts and graphs, rendering data understandable and accessible to stakeholders.

D. Programming knowledge 

An important skill is being proficient in programming languages such as Python, R, and SQL. It makes data manipulation, analysis, and model development easier.

E. Business acumen and communication skills

Communication is key in presenting findings to the stakeholders. Business understanding is needed to connect data insights with organizational objectives.

For a detailed read: Skills to become a good data scientist

Career opportunities in Business Analytics

There are plenty of jobs with business analytics options for BBA/BCOM graduates. Some of these include the following:

A. Data Analyst roles

A data analyst collects and interprets large datasets to extract valuable insights. They use this data to address problems in an organization. They also present their findings to the stakeholders.

B. Business Intelligence Analyst positions

The goal of a business analyst is to enhance an organization’s systems, procedures, goods, and services. They are on the lookout for improvement. Business intelligence analysts determine whether choices are both financially and technologically viable for their organization.

C. Data Scientist opportunities

An analyst and interpreter of complicated digital data is a data scientist. The most straightforward path is to get sufficient experience and master the different data scientist competencies. Advanced statistical analysis, a thorough grasp of machine learning, data conditioning, etc., are some examples of these abilities.

D. Analytics Consultant positions

Analytics consultants provide consultancy to organizations on how to best use data for accomplishing their goals. They are essential for an organization’s ability to use data to make well-informed decisions.

E. Career paths in various industries

MarketingCampaign OptimizationTargetting Audiences
Finance Risk AssessmentFraud DetectionPortfolio Optimization
HealthcareResource Allocation
RetailConsumer Behavior AssessmentInventory ManagementPersonalized Shopping Experience

Post-graduate options for Business Analytics

  • Master’s in Business Analytics from MAHE

Manipal Academy of Higher Education (MAHE) offers a thorough program in business analytics. It places a strong emphasis on experiential learning to make sure students apply their theoretical knowledge to practical situations. The Business Analytics program at MAHE prepares graduates for in-demand professions by focusing on popular tools and offering industry-aligned projects. This facilitates a smooth transfer from academics to the practical world.

To enroll in MAHE’s Master’s in Business Analytics, you need a Bachelor’s degree in Business, Economics, Statistics, or a related field from an accredited university, with a minimum of 50% overall or an equivalent qualification.

Just for you: Who should do an MSc in Business Analytics?

  • Online Certification Programs

Learners can study at their own pace with the unmatched flexibility and accessibility of online certification programs for business analytics. The certification’s worth is increased by industry recognition, which makes it an advantageous addition to resumes. These courses emphasize the development of particular skills and offer focused, useful knowledge that is directly relevant to the needs of the business analytics industry.

In case you were wondering: Does data science require coding? A guide for non-programmers

Transitioning to Business Analytics after BBA/BCOM

Here are some tips to make your transition easier:

  • Identifying transferable skills

For a smooth transfer, evaluate how well-suited the problem-solving and teamwork abilities from BBA/BCOM are to Business Analytics.

  • Building a strong foundation in data analysis

Develop the necessary data analysis abilities to bolster your competence to make a smooth shift to business analytics.

  • Networking and seeking mentorship

Make connections with experts in the field of business analytics to gain advice and insights for changing careers.

  • Showcasing relevant coursework and projects

Emphasize your data analysis coursework and projects to show potential employers that you have real-world experience as you shift to business analytics.

Read now: How to get into the business analytics industry?

Industry perspectives on hiring BBA/BCOM graduates in business analytics

For positions in business analytics, employers look for BBA/BCOM graduates with a good foundation in business principles, flexibility, and strong analytical and communication abilities.

Businesses are starting to place more value on a combination of data capabilities and business acumen, which is indicative of the growing significance of holistic individuals in the recruitment process for business analytics.

A business analyst in India makes INR 7,34,632 annually.

Check this out: Business Analytics: Top 6 career options

Challenges and Opportunities in Business Analytics

Business analytics has innumerable benefits as well as challenges in the present environment. Overcoming problems with data quality, protecting data privacy, and managing changing technology are all necessary to address common obstacles. It is necessary to improve one’s skills continuously, keep up with industry developments, and investigate specialized fields like machine learning and predictive analytics to take advantage of growth and specialization prospects.

The difficulty is striking the correct balance between removing obstacles and utilizing business analytics’ enormous potential for creativity and strategic decision-making. To create success and make a meaningful contribution to their industry, professionals must traverse this complex terrain as organizations seek excellence driven by data.

Online MSC in Business Analytics from MAHE and why it’s the best!

The curriculum of MAHE’s online MSc in Business Analytics is designed for both recent graduates and working professionals. It gives pupils freedom so they may manage their schoolwork and responsibilities. By utilizing industry-relevant skills, the program ensures graduates are prepared for the workforce. MAHE is the greatest option for students looking for excellence in business analytics because of its esteemed staff and strong online learning environment, which provide students with an elite education.

Conclusion 

Business analytics is essential in the current business climate for graduates with backgrounds in BBA or BCOM. MAHE’s MSc in Business Analytics has an industry-aligned curriculum and a focus on experiential learning, preparing graduates for success. So, go ahead and embrace business analytics to stay ahead of the curve and access a wealth of opportunities.

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