13 Best Business Analytics Courses in Ranchi

Before presenting detailed information on the Business Analytics Courses in Ranchi, a brief mention of the concept of Business Analytics is mandatory. Simply defined, Business Analytics comprises the advanced tools and techniques which are used by companies to make an assessment of their overall performance. The relevant data of the company which has wide applicability is often highlighted by business analytics professionals.

Business Analytics professionals can help in spotting the malpractices of the company which is responsible for their poor performance. In this way, the information provided by these professionals is utilized by the business houses to tackle their existing and future challenges.

In technical jargon, Business Analytics is the process of transforming data into insights to create improvement-driven business decisions. Business Analytics assist to generate a better understanding of the primary and secondary data that emerge from the various initiatives of the companies.

This helps the companies to fine-tune their procedures, measure their performance and hence give a push to their productivity. For corporate houses, data is considered to be of utmost significance as it can pave way for them in order to gain a competitive edge over their rivals.

Business Analytics ensures the empowerment of the Corporate Sector so that it can make beneficial optimum business decisions. In today’s world of advanced technology and Big Data, where companies crave nothing but data to encounter cut-throat competition. Under such circumstances, qualified Business Analysts are the much sought-after professionals to render information on data.

What Do Business Analytics Professionals Do?

The primary role of Business Analytics Professionals is to thoroughly evaluate the performance of the company, and provide insights, and recommendations to improve its performance. To accomplish this task, Business Analytics professionals use information, statistical methods, and documentation of the company to investigate the various parameters contributing to the overall performance of the company.

They are expected to collaborate with both internal and external clients. They primarily focus on building strategies to improve the product, its sales and marketing, and the customer experience as well as using data insights.

Key Competencies of Business Analytics Professionals

The increased scope of a particular profession increases the demands regarding the quality standards of the professionals working in that field. Following are some key competencies of Business Analytics Professionals that, if honed constructively, can jump-start the careers of this community:

Problem – solving Aptitude

In a job where Business Analytics professionals attempt to transform facts into solutions, an inherent aptitude for problem-solving is a big boon. Analytics professionals employ an amalgamation of statistics, rational reasoning, and predictive analytics to resolve issues faced by companies and help them march ahead.

Apt Visualization

Disorganized data of a company can play havoc, if not managed properly and timely. Analytics professionals must be skilled enough so they could display disorganized data accurately in the simplest of all forms to create value from it.

Good Communication and Interpersonal Skills

A Business Analytics professional should showcase excellent communication and interpersonal skills during the launching of the project, collaborating with the clients, collecting the required data, and validating the final solution.

Analytical and Critical Thinking

Critical and Analytical thinking is the very basic trait required to be a good Business Analytics professional. Though it is an underrated virtue, professionals in this field should learn to analyze their client’s needs and expectations. Critical thinking helps these professionals to examine various options before opting for a feasible solution.

Good Decision-making Skills

A Business Analytics professional’s decisions have a powerful impact on the business of a company. Such professionals should be skilled in interpreting the problems and consequently look for alternative business approaches. Finally, they should be careful enough to test and implement the solution.

Other than the above-mentioned non-technical skills, Business Analytics professionals should possess certain technical skills as well. Some of the must-have technical skills are mentioned below:

Programming Languages

Hands-on experience with Programming Languages is a must to have a better understanding of quicker and more accurate data–analysis. Knowledge of R and Python is highly beneficial for such professionals.

Database and SQL

Sound knowledge of Relational Databases like Microsoft SQL Server, Oracle DB, and MySQL Database is recommended for Professionals working in the field of Business Analytics. This is required for the storage and processing of huge amounts of heavily structured data. They should also be well aware of the usage of Statistical Software and Tools like SAS, MS Excel, and Mathematica in order to manage and analyze data.

Creation of Reports and Dashboards

These professionals should be well-versed in using the various Business Intelligence Tools for writing reports and creating dashboards. Sound understanding of Power BI, Tableau, and QlikView is the preferred choice.

Microsoft Excel

Microsoft Excel is one of the strongest Analytics and Reporting Tools. Business Analytics professionals should know the usage of this tool for data and budget analysis to unravel the business pattern.

Considering the immense scope of Business Analytics leading to an escalating demand for Business Analytics professionals, various educational institutions have started offering courses in Business Analytics. This course equips the candidates with the superior knowledge and skill – set to make data-driven decisions in the corporate world.

One such educational hub for courses in Business Analytics is the city of Ranchi, nicknamed the “City of Waterfalls” in India. As the Capital of the state of Jharkhand, Ranchi is rapidly expanding its economy. There have been many good educational institutions that are offering many Professional Courses, one of them being the Business Analytics course.

These courses are designed to empower and equip the aspirants for professions in which they employ modern data science to address the issues influencing the growth of business houses. A greater need is felt for people who can analyze and decipher data using modern Artificial Intelligence tools.

With the growing relevance of corporate analytics, the Curriculum of these courses has been developed to provide an in-depth understanding of challenges faced by businesses. At the same time, it aims to make them learn to employ analytics, tools, and approaches, to take the lead in this rapidly advancing software industry.

These courses also assist the candidates to comprehend real-world challenges, acquire insights, and based on these insights establish business strategies to make effective management decisions.

The curriculum is an amalgamation of the numerous disciplines of Management and Data Science. Most of the courses in Business Analytics offers Live Training Sessions and Projects along with Placement Assistance.

Here is a Bird’s Eye View of the Institutions Offering Full–time Business Analytics Courses in Ranchi –

1. Indian Institute of Management (IIM), Ranchi

Out of all the Business Analytics courses in Ranchi, the Business Management programs in Business Analytics at IIM–Ranchi are the most coveted ones. These programs are carved to equip students for those in-demand professions in which they employ and govern modern data science to address significant business issues.

With the increasing emergence of analytics in the Corporate sector, there is a greater need for a qualified workforce that can analyze and decipher data into meaningful insights. It is one of the best Business Analytics courses in Ranchi as it provides excellent placement assistance along with world-class sessions.

Key Features –

IIM-Ranchi offers the following courses in Business Analytics:

MBA in Business Analytics –

Duration – Two years

Tuition Fee (Two Years) – INR 14.90 lakh

This course curriculum covers the topics like –

Data Management
Business Statistics
Legal Aspects of Business
Managerial Computing
Information Systems
Business Intelligence
Data Visualization, etc.

Executive Program in Business Analytics and Business Intelligence –

Duration – 1 month

Tuition Fee – INR 80,000

This program covers-

Machine Learning
Data Mining
Using Python for Analytics
Supply Chain Analytics
Social Media Analytics
Analysing Social Media Content
Analytics in Business Process Improvement
Marketing Analytics, etc.

Certificate Program in Business Analytics and Business Intelligence –

Duration – 18 months

Tuition Fee – INR 4 lakh

The courseware of this program includes-

Introduction of Business Analytics
Business Intelligence
Fundamentals of Marketing Management
Data Mining
Analytics in Finance
Supply Chain Analytics
Human Resources Analytics
Deep Learning
Spreadsheet Modelling
Analysis, etc.

2. Birla Institute of Technology (BIT), Mesra, Ranchi

Name of the Course – MBA in Business Analytics

Key Features –

BIT, Mesra, Ranchi offers a 2-year full-time MBA program. Based on CAT/MAT/XAT/CMAT percentile/score and GD and PI, BIT, Mesra, Ranchi grants admission to the candidates in MBA.

Tuition Fee – INR 5.18 lakh

The course curriculum includes-

Information Technology Management
Financial Accounting, and Management
Managerial Economics
Business Communications
Strategic Management
Cost Management
Multivariate Data Analysis
IT-enabled Business Intelligence
Legal Environment for Business
Business Research
Human Resource Management
Business Ethics, etc.

3. The ICFAI University, Ranchi

Name of the Course – BBA in Business Analytics

Key Features –

At the undergraduate level, ICFAI University, Ranchi offers a 3-year full-time program in Business Analytics. This program prepares the students with skills such as data analysis and data-driven decision-making in today’s digital era.

Tuition Fee – INR 1.8 lakh

This program includes:

Financial Accounting
Data Science
Digital Transformation of Business
Digital Marketing
Business Laws
Database Management Systems
Operations Management
Marketing Management
Banking & Insurance
Cyber Security
Management Information System
Data Mining, etc.

4. Manipal University, Jaipur, Rajasthan

Name of the Course – Online Master of Business Administration (For Working Professionals)

Key Features –

Manipal University, Jaipur offers a 2-year online MBA program for working professionals, wherein, aspirants get access to live and as well as recorded classes.

Tuition Fee – INR 2.6 lakh

The curriculum includes-

Advanced Machine Learning
Data Scraping
Business Analytics
Programming in Data Science
Game Theory and Simulation
Duality Analysis
Visualization
Unstructured Data Analysis
Legal Aspects of Business
Research Methodology
International Business Management
Strategic Management
Exploratory Data Analysis, etc.

5. Amity University

Name of the Course – Online MBA/PGDM Program in Business Analytics

Key Features –

Amity University, NOIDA is one of the top-ranking Private-Universities in India. It offers a 2-year online full-time MBA in Business Analytics. The comprehensive curriculum of this course prepares the aspirants well to work as Business Analytics professionals. This course is one of the most popular Business Analytics courses in Ranchi.

Tuition Fee – INR 2.55 lakh

Some of the topics covered in the courseware of this program are-

Economics
Accounts
Behavioral Sciences
Optimization Techniques
Business Analytics
Data Mining for Intelligence Management
Entrepreneurship and New Venture Creation
Data Sciences
Statistical Analytics
Machine Learning using Python, etc.

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6. Jaipuria Institute of Management

Name of the Course – Online Post-graduate Diploma in Management (PGDM) in Business Analytics

Key Features –

Jaipuria Institute of Management, NOIDA offers an AICTE-approved 2-year online Post-graduate Diploma in Management in the field of Business Analytics. It offers weekend classes, wherein, microlearning is ensured through short videos.

Tuition Fee – INR 1.9 lakh

The curriculum includes-

Block Chain Analysis
Data Visualization and Big Data
Operations Analytics
Human Resources Analytics
Machine Learning
Artificial Intelligence
Applied Analytics Modelling
Dashboard Reporting using Advanced Excel
Text Analytics
Tax Planning and Management
Strategic Management
Compensation Management
Talent Acquisition
Business Forecasting
Total Quality Management
Lean Six Sigma
Supply Chain Analytics, etc.

7. Birla Institute of Technology & Science (BITS), Pilani, Rajasthan

Key Features –

Yet another course that is on top of the popularity chart of Business Analytics courses in Ranchi is the one offered by BITS, Pilani, Rajasthan. BITS, Pilani, Rajasthan offers a 2-year post-graduate degree course along with a 1-year diploma in Business Analytics. These online management programs are Work Integrated Learning Programmes (WILPs) designed for working professionals.

Online MBA in Business Analytics

Duration – 2 years

Tuition Fee – INR 2.42 lakh

Topics included in the course curriculum are-

Financial and Management Accounting
Managing People and Organizations
Quantitative Methods
Strategic Management and Business Policy
Analysis of Competitive Advantage
Predictive Analytics
Foundations of Data Sciences
Operations Management
Analytics for HR
Models in Marketing
Analytics in Retail Industry

Online Post Graduate Diploma in Business Analytics

Duration – 1 year

Tuition Fee – INR 1.21 lakh

The course curriculum includes-

Data Visualization and Communication
Quantitative Methods
Advanced Statistical Methods
Advanced-Data Sciences
Predictive Analysis
Financial Risk Models
Analytics for Investment Banking
Project Management
Managerial Economics
Advanced Statistical Methods
Quantitative Methods
Strategic Management and Business Policy

8. Indian Institute of Management, Kozhikode, Kerala (Via Eruditus)

Name of the Course – Online Advanced Management Program in Business Analytics

Key Features –

IIM, Kozhikode’s Online Advanced Management Program in Business Analytics is a techno–business focussed program. It is one of the most sought-after Business Analytics courses in Ranchi. It is being run in collaboration with Eruditus Executive Education. The course duration is 1 year.

Tuition Fee – INR 2.94 lakh

The curriculum includes-

Data to Information
Intro to R: Collection, Cleaning, and Sources
Business Transformation and Leadership
Analytics for Business Strategy
Basic Statistics and Probability
Linear Regression
Logistics Regression
Time Series Analysis
Prescriptive Analytics – Game theory and Operations Research
Supervised and Unsupervised Machine Learning
Overview of Artificial Intelligence
Building Data-driven Teams
Big Data, etc.

9. Indian Institute of Technology (IIT), Madras, Tamilnadu (Via BSE Institute Limited, Mumbai)

Name of the Course – Online Business Analytics Program

Key Features –

The prestigious IIT, Madras offers a 1-year online Business Analytics Program in which sessions are held on alternate weekends. This program is also a rank-holder amongst the various Business Analytics courses in Ranchi. The program aims to provide in–depth understanding of the tools and techniques used in the field of Business Analytics.

Tuition Fee – INR 2.06 lakh

Some of the topics in the course curriculum include-

Business Metrics
Introduction to Data Sciences
Business Statistics
Tools of Data Visualization and Communication
Time Series Modelling
Regression and Classification for Business Applications
Machine Learning
Statistics using R
Introduction to Applied Business Statistics
Management
Data Management

10. Indian Institute of Management (IIM), Kolkata, West Bengal (Via Hughes Global Education)

Name of the Course – Online Executive Program in Business Analytics

Key Features –

Taking the lead among the online Business Analytics Courses in Ranchi is the Executive Program in Business Analytics offered by IIM-Kolkata. This program extends excellent executive education in the field of Business Analytics. The duration of the program is one year with one session of three hours each every Sunday.

Tuition Fee – INR 4.9 lakh

The curriculum for this course includes:

Mathematics for Business Analytics
Operations Analytics
Time Series Models in Business
Statistics for Business Analytics
Machine Learning
Marketing Analysis
Big Data
Cloud Computing
Data Mining Applications in R
Data Visualization and Descriptive Analytics
Predictive Modelling
Financial Analytics

11. Indian School of Business, Hyderabad, Andhra Pradesh

Name of the Course – Online Advanced Management Program in Business Analytics

Key Features –

This program is designed for management professionals in order to enrich their learning experience with minimal disruption to their professional schedules. The duration of this program is 15 months.

Tuition Fee – INR 10.85 lakh

This career-enriching course trains students in fields like:

Data Management
Programming for Analytics
Statistics
Machine Learning
Artificial Intelligence
Business Ethics
R Programming
Data Science
Data Visualization
Deep Learning
Python
Data Analytics

12. The University of Petroleum and Energy Studies (UPES), Dehradun, Uttar Pradesh

Name of the Course – Online MBA in Business Analytics

Key Features –

MBA in Business Analytics program run by UPES focuses primarily on the application of Business Analytics for Corporate Houses. Out of the many accessible online Business Analytics courses in Ranchi, this is a unique specialization that helps in gaining the knowledge needed to drive key business decisions. The course duration is two years.

Tuition Fee – INR 1.35 lakh

Some of the topics covered in the syllabus of this course include-

Business Modelling with Spreadsheets
Data Environment
Economics and Management Decisions
Operations Research
Executive Communications
Enterprise Risk Management
Consultancy Management
Energy Analytics
Programming for Analytics
Big Data Analysis
Business Process Management
Business Intelligence

13. 360DigiTMG, Ranchi, Jharkhand

Name of the Course – Certificate Course in Business Analytics

Key Features –

360DigiTMG, Ranchi is a pioneer institute for the training of a future-ready workforce. Their Certificate Course in Business Analytics is an outcome of their incessant efforts in the field of designing skill-development programs. As a result, this program is considered to be a well-designed program among the various available Business Analytics courses in Ranchi. The total term of this course is four months.

The Course Curriculum includes:

Hypothesis Testing
Simple Linear Regression
Black Box Technique
Time–Series Analysis
Data Mining – Unsupervised and Supervised
Data Visualization using Tableau and Basic Graphs
World of Maps
Dashboards, and Stories
Multiple Linear Regression
Regression of Attributes
Count Data
Visual Analysis in-depth
Text Mining

Frequently Asked Questions on Business Analytics Courses in Ranchi:

Q.1 Can we pursue a Business Analytics Course after the MBA?

It would be a wise decision to pursue a course in Business Analytics after the completion of the MBA. Many Indian companies are absorbing Business Analytics and Artificial Intelligence professionals to streamline their decision-making process. Hence, it becomes imperative for every MBA graduate to upgrade his/her qualification which is in consonance with the latest technological happenings of this computer era.

Q.2 What are the benefits of the Business Analytics course?

The key benefits of the Business Analytics course are:

The candidates will become technologically sound in learning the application of Statistical Methods for the purpose of business decision-making and forecasting.
Automation of key business processes becomes easy through the usage of Artificial Intelligence and Machine Learning solutions which are an integral part of the curriculum of this course.
Aspirants can get good pay hikes as Business Analytics professionals.

Q.3 Are there any pre-requisite for this course?

This technical course requires certain prerequisites which ensure that the aspirants excel in this field for sure. The candidates must have sound mathematical skills along with basic computer knowledge. Moreover, an analytical mindset and critical thinking would be of added value.

Q.4 What are the learning outcomes from this course?

The learning outcomes from this course are mentioned below:

Learn to forecast the able decision-making for the business.
Attain proficiency in the usage of various Analytics tools.
Learn to build prediction models.
Learn Text Mining to generate Customer Sentiment Analysis.

Q.5 Which Business Analytics course in Ranchi is suitable for me?

There are various parameters for the aspirants while they seek enrolment in a particular course. For some, it is the duration of the course, for others, it might be the timings of the class and for yet another lot of students, it’s the fee structure of the course which is of utmost significance. So, it is better to decide your priority and then compare the offers of the various available Business Analytics courses in Ranchi.

Conclusion

Regarding Business Analytics courses in Ranchi, we can conclude that enrolling in a Business Analytics course can be a smart career move in today’s automated world which is witnessing a steep rise in the demand for well-qualified and trained Business Analytics professionals. Business Analytics is turning out to be the bedrock of the new-age businesses that follow a data-driven approach.

With the apt usage of this approach, they make informed decisions, and thus problem-solving becomes easier. It is estimated that Data creation will touch the mark of 164 Zettabytes by 2025, and so will escalate the demand for Business Analytics professionals who are wizards in deriving meaningful insights from the big volume of Big Data. Hence, this field is the most coveted field of choice amongst management professionals.

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13 Best Business Analytics Courses in Ranchi

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