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MBA in Business Analytics at Datta Meghe Institute of Medical Sciences (Deemed to be University)

Datta Meghe Institute of Higher Education and Research, a premier Deemed to be University established in 2005 in Wardha, Maharashtra, is recognized for its academic strength across diverse health sciences, engineering, and management programs. Accredited "A++" by NAAC and ranked 42nd among Indian universities by NIRF 2024, DMIHER offers a vibrant campus ecosystem and strong career outcomes for its students.

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Wardha, Maharashtra

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About the Specialization

What is Business Analytics at Datta Meghe Institute of Medical Sciences (Deemed to be University) Wardha?

This Business Analytics program at Datta Meghe Institute of Higher Education and Research focuses on equipping students with advanced analytical skills to interpret complex business data. It addresses the growing demand in the Indian industry for professionals capable of driving data-informed decision-making. The program differentiates itself by blending core management principles with cutting-edge analytics tools and techniques.

Who Should Apply?

This program is ideal for fresh graduates from commerce, science, or engineering backgrounds seeking entry into the high-growth field of data analytics. It also suits working professionals looking to upskill in analytics or career changers aiming to transition into data-driven roles across diverse Indian industries. A foundational understanding of mathematics and statistics is beneficial.

Why Choose This Course?

Graduates of this program can expect diverse career paths such as Business Analyst, Data Scientist, Analytics Consultant, or Market Research Analyst in India. Entry-level salaries typically range from INR 4-7 LPA, with experienced professionals earning significantly more. The program prepares students for industry-recognized certifications in analytics tools, boosting their growth trajectories in Indian and multinational companies.

Student Success Practices

Foundation Stage

Master Core Analytical Tools & Software- (Semester 1-2)

Dedicate time to thoroughly learn foundational analytical tools like MS Excel, basic SQL, and introductory statistical software (e.g., R or Python basics for data handling). Attend workshops, complete online tutorials, and practice regularly with sample datasets to build a strong base.

Tools & Resources

MS Excel (Advanced features), SQL (W3Schools, HackerRank), Python (DataCamp, Coursera), R (R-Studio, Swirl), College workshops

Career Connection

Proficiency in these tools is non-negotiable for entry-level analytics roles, demonstrating practical skill and speeding up initial job performance. It''''s often assessed in technical rounds during placements.

Develop Strong Statistical & Mathematical Foundations- (Semester 1-2)

Beyond classroom learning, actively reinforce concepts from Business Statistics and Managerial Economics. Solve extra problems, participate in study groups, and use online resources to solidify understanding of probability, hypothesis testing, and regression analysis. Focus on the ''''why'''' behind the methods.

Tools & Resources

Khan Academy (Statistics), NPTEL courses, Textbooks (e.g., Business Statistics by Levin & Rubin), Peer study groups

Career Connection

A strong theoretical foundation is crucial for understanding complex algorithms in later semesters and for critical problem-solving in data science roles, giving an edge in competitive analytical positions.

Cultivate Effective Business Communication- (Semester 1-2)

Actively participate in presentations, debates, and group discussions to hone both oral and written communication skills. Practice articulating technical concepts in simple business language. Read business journals and case studies to understand industry lexicon and improve comprehension.

Tools & Resources

Toastmasters International (if available), college''''s communication labs, Harvard Business Review articles, Mock presentation sessions

Career Connection

Effective communication is vital for presenting analytical insights to non-technical stakeholders, securing internships, and excelling in client-facing or management consulting roles post-MBA.

Intermediate Stage

Engage in Applied Projects and Case Studies- (Semester 3-4)

Seek opportunities to apply theoretical knowledge by working on mini-projects, participating in case competitions (e.g., those by top Indian companies or B-schools), or undertaking faculty-guided research. Focus on solving real-world business problems using analytics techniques learned.

Tools & Resources

Kaggle competitions, LinkedIn Learning (case study analysis), College''''s incubation center, Faculty research projects

Career Connection

Practical project experience is highly valued by recruiters as it demonstrates problem-solving ability, technical application, and teamwork, significantly boosting internship and placement prospects.

Build a Portfolio of Analytical Work- (Semester 3-4)

Create a repository of your projects, code (e.g., Python/R scripts), and visualizations on platforms like GitHub or a personal website. Include detailed explanations of problem statements, methodologies, and key findings. Ensure proper documentation and clear presentation of results.

Tools & Resources

GitHub, Tableau Public, Power BI Desktop, WordPress/Wix for personal portfolio website

Career Connection

A well-curated portfolio serves as a tangible demonstration of your skills and initiative, often being a deciding factor for hiring managers in analytics roles, especially in Indian tech and consulting firms.

Network with Industry Professionals and Alumni- (Semester 3-4)

Actively connect with professionals in the analytics domain through LinkedIn, college alumni networks, and industry events/webinars. Seek informational interviews to understand industry trends, job roles, and required skills. This can lead to mentorship and internship opportunities.

Tools & Resources

LinkedIn, Alumni Association events, Industry conferences (e.g., NASSCOM, TiE events), Virtual networking platforms

Career Connection

Networking opens doors to hidden job markets, provides valuable career guidance, and helps secure referrals, which are often critical for securing desirable positions in competitive Indian job markets.

Advanced Stage

Undertake a Comprehensive Dissertation/Capstone Project- (Semester 4)

Choose a challenging, industry-relevant topic for your dissertation project that allows you to apply multiple analytical techniques. Work closely with faculty mentors and, if possible, collaborate with an industry partner. Aim to deliver actionable insights and demonstrable business value.

Tools & Resources

Advanced R/Python libraries (e.g., scikit-learn, TensorFlow, PyTorch), Cloud platforms (AWS, Azure, GCP), Industry datasets (if available)

Career Connection

A robust capstone project showcases your ability to independently tackle complex problems, a key requirement for senior analyst or data scientist roles, and provides an excellent talking point during placement interviews.

Prepare Rigorously for Placements & Interviews- (Semester 4)

Beyond technical skills, focus on developing strong problem-solving, critical thinking, and behavioral interview skills. Practice aptitude tests, mock interviews (both technical and HR), and group discussions. Stay updated on current affairs and specific company knowledge for potential employers.

Tools & Resources

Placement cell workshops, Online aptitude platforms (e.g., IndiaBix), Mock interview sessions with career counselors/alumni, Glassdoor for company-specific interview questions

Career Connection

Thorough preparation ensures you perform confidently in all stages of the recruitment process, increasing your chances of securing placements with top-tier companies in the Indian business analytics landscape.

Specialize and Acquire Advanced Certifications- (Semester 4 and post-graduation)

Based on career interests, delve deeper into a specific niche within business analytics (e.g., AI/ML, Cloud Analytics, Financial Analytics). Pursue advanced certifications from reputable platforms or vendors to validate specialized skills and demonstrate continuous learning.

Tools & Resources

Google Cloud Professional Data Engineer, Microsoft Certified: Azure Data Scientist Associate, IBM Data Science Professional Certificate, SAS/Tableau certifications

Career Connection

Specialized certifications make you highly competitive for niche roles, demonstrate commitment to continuous professional development, and often lead to higher starting salaries and faster career progression in India''''s dynamic analytics market.

Program Structure and Curriculum

Eligibility:

  • A candidate should have a Bachelor’s Degree with 50% marks in aggregate (45% for reserved category) or an equivalent qualification recognized by the University, UGC or equivalent bodies.

Duration: 2 years (4 semesters)

Credits: 115 Credits

Assessment: Internal: 40% (for theory subjects), External: 60% (for theory subjects)

Semester-wise Curriculum Table

Semester 1

Subject CodeSubject NameSubject TypeCreditsKey Topics
MBA101Management Concepts and ProcessesCore4Introduction to Management, Planning and Decision Making, Organizing and Staffing, Directing, Leading and Controlling, Social Responsibility and Ethics
MBA102Managerial EconomicsCore4Introduction to Managerial Economics, Demand and Supply Analysis, Production and Cost Analysis, Market Structures and Pricing Decisions, Macroeconomic Environment and Business Cycles
MBA103Accounting for ManagementCore4Introduction to Accounting, Financial Statements, Analysis of Financial Statements, Cost Accounting, Budgetary Control and Standard Costing
MBA104Business StatisticsCore4Introduction to Statistics and Data, Measures of Central Tendency and Dispersion, Probability and Probability Distributions, Sampling and Hypothesis Testing, Correlation and Regression Analysis
MBA105Organizational BehaviorCore4Introduction to Organizational Behavior, Individual Behavior, Group Behavior, Organizational Structure and Culture, Organizational Change and Development
MBA106Business CommunicationCore4Fundamentals of Communication, Oral Communication, Written Communication, Effective Presentation Strategies, Cross-Cultural Communication
MBA107Computer Applications in Management (Practical)Practical2MS Word for Business, MS Excel for Data Analysis, MS PowerPoint for Presentations, Internet and Web Applications, Database Management Basics
MBA108SeminarPractical/Project1Seminar Topic Selection, Literature Review, Presentation Skills, Report Writing, Oral Defense

Semester 2

Subject CodeSubject NameSubject TypeCreditsKey Topics
MBA201Human Resource ManagementCore4Introduction to HRM, HR Planning and Recruitment, Training and Development, Performance Management and Compensation, Industrial Relations and HR Challenges
MBA202Marketing ManagementCore4Introduction to Marketing, Market Segmentation, Targeting, Positioning, Product and Pricing Decisions, Place and Promotion Decisions, Services Marketing and Digital Marketing
MBA203Financial ManagementCore4Introduction to Financial Management, Time Value of Money and Capital Budgeting, Cost of Capital and Capital Structure, Working Capital Management, Dividend Policy and Corporate Finance
MBA204Operations ManagementCore4Introduction to Operations Management, Process Design and Layout, Capacity and Production Planning, Inventory Management, Quality Management and Supply Chain
MBA205Research MethodologyCore4Introduction to Business Research, Research Design and Data Collection, Sampling Design and Data Preparation, Data Analysis and Hypothesis Testing, Report Writing and Ethics
MBA206Legal Aspects of BusinessCore4Indian Contract Act, Sale of Goods Act, Negotiable Instruments Act, Companies Act, Consumer Protection Act
MBA207Business AnalyticsCore4Introduction to Business Analytics, Descriptive Analytics, Predictive Analytics, Prescriptive Analytics, Data Visualization Tools
MBA208Project Viva VocePractical/Project1Project Selection, Methodology, Data Collection, Analysis and Findings, Presentation and Defense

Semester 3

Subject CodeSubject NameSubject TypeCreditsKey Topics
MBA301Strategic ManagementCore4Introduction to Strategic Management, Environmental Analysis, Strategy Formulation, Strategy Implementation, Strategic Control and Evaluation
MBA302Entrepreneurship DevelopmentCore4Concept of Entrepreneurship, Entrepreneurial Environment, Business Idea Generation and Opportunity Evaluation, Business Plan Formulation, Sources of Finance and Institutional Support
MBA3BA01Data Mining and WarehousingElective - Business Analytics4Introduction to Data Mining, Data Preprocessing, Data Warehousing Concepts, Association Rule Mining, Classification and Prediction
MBA3BA02Big Data AnalyticsElective - Business Analytics4Introduction to Big Data, Hadoop Ecosystem, MapReduce Framework, Big Data Technologies, NoSQL Databases
MBA3BA03Business ForecastingElective - Business Analytics4Introduction to Forecasting, Time Series Analysis, Regression Analysis for Forecasting, Qualitative Forecasting Methods, Forecasting Model Evaluation
MBA3BA04Optimization Techniques for Business AnalyticsElective - Business Analytics4Introduction to Operations Research, Linear Programming, Transportation and Assignment Problems, Network Analysis, Game Theory and Simulation
MBA3BA05Web and Social Media AnalyticsElective - Business Analytics4Introduction to Web Analytics, Web Metrics and KPIs, Social Media Data Collection, Social Network Analysis, Tools for Web and Social Media Analytics
MBA3BA06Data Visualization for BusinessElective - Business Analytics4Introduction to Data Visualization, Principles of Effective Visualization, Types of Charts and Graphs, Dashboard Design, Data Storytelling
MBA303Summer Internship Project (Part I)Project3Industry Exposure, Project Identification, Problem Definition, Literature Review, Preliminary Data Collection

Semester 4

Subject CodeSubject NameSubject TypeCreditsKey Topics
MBA401International Business ManagementCore4Introduction to International Business, Theories of International Trade, Global Financial Environment, International Marketing Strategies, Global Human Resource Management
MBA402Total Quality ManagementCore4Introduction to TQM, Quality Gurus and Philosophies, Statistical Process Control, Quality Management Tools, Quality Standards and Certifications
MBA4BA01Machine Learning for Business AnalyticsElective - Business Analytics4Introduction to Machine Learning, Supervised Learning Algorithms, Unsupervised Learning Algorithms, Model Evaluation and Selection, Applications in Business
MBA4BA02Artificial Intelligence in BusinessElective - Business Analytics4Introduction to AI, Knowledge Representation, Expert Systems, Natural Language Processing, AI Applications and Ethics in Business
MBA4BA03Predictive ModelingElective - Business Analytics4Introduction to Predictive Modeling, Linear and Logistic Regression, Decision Trees and Random Forests, Time Series Forecasting Models, Model Deployment and Monitoring
MBA4BA04Text Mining for Business AnalyticsElective - Business Analytics4Introduction to Text Mining, Text Preprocessing, Sentiment Analysis, Topic Modeling, Text Summarization and Visualization
MBA4BA05Cloud Computing for Business AnalyticsElective - Business Analytics4Introduction to Cloud Computing, Cloud Deployment Models, Cloud Service Models (IaaS, PaaS, SaaS), Big Data on Cloud, Cloud Security and Analytics Platforms
MBA4BA06Ethical Hacking and Data Security in AnalyticsElective - Business Analytics4Introduction to Cybersecurity, Vulnerability Assessment, Network Security, Data Privacy and Regulations, Ethical Hacking Methodologies
MBA403Dissertation ProjectProject8Research Problem Formulation, Methodology Design, Data Analysis and Interpretation, Findings and Recommendations, Report Writing and Viva Voce
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