The IILM Blog
  • Home
  • Blog Category
    • Alumni
    • Campus Life
    • Career Development
    • Center for Emotional Intelligence
    • Center for Teaching Research and Learning
    • Center for Family Business, Entrepreneurship, and Innovation
    • Conferences
    • Events
    • Exam Watch
    • Faculty
    • General Blog
    • Global Study
    • Guest Blog
    • IILM Stories
    • Testimonials
    • Uncategorized
  • Campus Blog
    • IILM Lodhi Road
    • IILM Univeristy
    • IILM GSM
    • IILM UBS
    • Latest Blogs
  • Podcast
  • Authors
  • IILM.edu
Home / Campus Blog Category / IILM University / Internship and Job Placement Opportunities for MBA in Business Analytics Students

Internship and Job Placement Opportunities for MBA in Business Analytics Students

IILM University27 OctoberAaravIILM University, MBA in Business Analytics, MBA in business analytics colleges in India
Business Analytics Students Blog Thumbnail

The field of business analytics is growing exponentially as organizations realize the value of data-driven insights for strategic decisions. Pursuing an MBA in Business Analytics from a leading private college like IILM University equips students with skills like statistical modelling, data mining, and data visualization to derive impactful business insights. The practical training and strong industry linkages facilitate exciting internships and placements with top recruiters, enabling students to establish rewarding careers in business analytics.

/*! elementor – v3.17.0 – 25-10-2023 */
.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}

Why Choose an MBA in Business Analytics?

The MBA in Business Analytics provides extensive training in using data analysis, statistical modelling, predictive analytics, and data visualization to solve critical business problems. Students learn to derive impactful insights from data to drive growth, optimize operations, manage risks, and gain strategic advantage.

Key skills gained include:

  • Statistical analysis and modeling
  • Data mining and predictive modeling
  • Machine learning and AI techniques
  • Optimization methods
  • Data visualization and dashboard creation
  • Leveraging tools like Python, R, SAS, Tableau

Armed with these in-demand skills, MBA Business Analytics students become extremely attractive to recruiters across sectors.

Abundant Internship Opportunities during MBA

Best Private Colleges for MBA for Business Analytics in India , IILM University emphasizes real-world training through summer internships. These provide a launchpad for career progression besides enhancing employability.

Why Internships are Crucial

Internships provide several benefits for MBA Business Analytics students:

  • Practical training: Students get to apply classroom concepts to real business challenges and hone analytical skills.
  • Domain expertise: Exposure to the workings of different industries like BFSI, retail, IT, and manufacturing.
  • Networking: Building connections with managers aids in future job search.
  • Job-readiness: The experience makes students seasoned professionals, increasing campus placement potential.
  • Funding MBA: Internship stipends provide a means for financing MBA expenses.
  • Full-time offers: Outstanding interns may get PPOs (pre-placement offers) from companies.

Top Recruiters for Analytics Interns

Some major recruiters of MBA Business Analytics interns include:

  • Management Consultancies: McKinsey, BCG, Bain, AT Kearney
  • Investment Banks: Goldman Sachs, JPMorgan, Morgan Stanley
  • IT Services Firms: TCS, Infosys, Wipro, Cognizant
  • E-Commerce Companies: Amazon, Flipkart, Uber, Ola, Swiggy 
  • Automakers: Maruti Suzuki, Tata Motors, Mahindra & Mahindra
  • Analytics Firms: Fractal Analytics, LatentView, Tiger Analytics, Mu Sigma, Bridgei2i

/*! elementor – v3.17.0 – 25-10-2023 */
.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=”.svg”]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block} MBA in Business Analytics Students

Internship Roles and Responsibilities

During their 8-10 weeks long summer internships, students undertake diverse analytics projects such as:

  • Marketing analytics – campaign ROI analysis, predictive lead scoring, churn modelling
  • Supply chain analytics – demand forecasting, inventory optimization, shipment tracking
  • Risk analytics – credit risk models, fraud detection systems, portfolio stress testing
  • Healthcare analytics – patient referral analysis, clinical trial analytics, predictive healthcare
  • People analytics – recruitment analytics, retention modelling, predicting attrition

This hands-on experience equips students with business acumen and elevates job prospects.

Lucrative Stipends

Based on the analytics role and firm, stipends range from ₹25,000 to ₹1 lakh per month. The earnings potential is higher for candidates with prior experience. Internships provide a good source of funding for the MBA program.

Key Job Profiles and Salaries

Some coveted high-paying profiles are offered:

  • Business Analytics Manager – ₹16-22 lakhs p.a.
  • Marketing Analytics Specialist – ₹12-18 lakhs p.a.
  • Credit Risk Analyst – ₹10-15 lakhs p.a.
  • Data Scientist – ₹15-20 lakhs p.a.
  • Analytics Consultant – ₹18-25 lakhs p.a.
  • Fraud Analyst – ₹8-12 lakhs p.a.
  • Business Intelligence Developer – ₹10-14 lakhs p.a.

The average salary package ranges between ₹8-18 lakhs p.a. Candidates from the best online MBA colleges in India and with work experience can earn even higher salaries.

Placement Preparation

IILM University has a robust industry interface and placement preparation activities. These include:

  • Resume building workshops
  • Mock interviews and GDs
  • Aptitude and technical training
  • 1:1 mentorship for interview guidance
  • Connecting students with alumni working in top firms

The rigorous training combined with summer internships results in excellent placements.

MBA Students Discussing

How to Choose the Right MBA Business Analytics Program?

Choosing the right MBA program is crucial to gaining the skills and exposure required to excel in the business analytics domain. Here are some key factors to evaluate when selecting an MBA Business Analytics program:

Curriculum and Specializations Offered

Look for a comprehensive curriculum covering areas like statistical analysis, predictive modelling, optimization methods, data mining, machine learning, AI/ML techniques and data visualization. MBA in business analytics colleges in India, like IILM University, offer electives and specializations such as marketing analytics, operations analytics, financial risk modelling, healthcare analytics, etc. This enables gaining domain expertise to apply analytics in specific industries.

Experiential Learning Opportunities

Best Private Colleges for MBA for Business Analytics in Greater Noida, India, IILM University provides ample opportunities for hands-on learning through summer internships, capstone projects, live case study competitions, consulting projects, etc. Working on real-world business problems under expert guidance is invaluable for honing analytical skills. The program should have a strong focus on experiential learning pedagogy.

Faculty and Industry Connections

Look for highly qualified faculty with proven expertise in business analytics and data science. They should have strong academic credentials and research experience. IILM University also has to visit faculty from the industry, which enhances learning. Robust industry linkages facilitate guest talks, workshops, company visits and aid recruitment.

Start an Exciting Career in Business Analytics

For MBA aspirants keen to establish a rewarding career in business analytics, graduating from IILM University provides the ideal foundation. The rigorous training curriculum focused on experiential pedagogy equips students with cutting-edge analytics skills blended with business acumen. The strong corporate connects and placement cell assistance enables graduates to get recruited by leading analytics firms, IT bigwigs, management consultancies, the BFSI sector and other top recruiters. Alumni are part of blue-chip companies driving analytics initiatives.

Summing Up

The MBA Business Analytics opens up a world of internship and job opportunities across diverse sectors. Through domain internships, students get practical exposure to applying analytical techniques to business challenges.

The strong industry linkages and placement preparation by the best online MBA colleges in India ensure students are career-ready. Graduates are highly valued by recruiters for their technical expertise combined with management knowledge. Pursuing MBA in business analytics colleges in India, IILM University provides a gateway to rewarding career in analytics.

Tweet
Rising Demand for Bioinformatics Professionals
Rising Demand for Bioinformatics Professionals: Complete Admission Procedure
←
BBA in Artificial Intelligence
Internship and Job Placement Opportunities for BBA in AI
→

Aarav

Recommended for you

MBA in Business Analytics

Mastering Analytics: MBA in Business Analytics Colleges for Tomorrow’s Leaders

IILM University12 OctoberAaravMBA in Business Analytics, MBA in Business Analytics Colleges, top MBA colleges in India

Data is the backbone of our world. Nations worldwide are dedicating substantial resources to safeguard and manage their data effectively. Moreover, prominent enterprises depend on data to steer decisions and maintain a competitive advantage. This heightened reliance on data fuels a growing demand for skilled data analysts and business professionals. If you’re contemplating your career Read more

0Shares
Great-Management-Apps

Top 6 Management Apps for Small Business Owners in 2023

Faculty03 JulyHimani Sardar#APPS, IILM University, Small Business

  In today’s time we all have different goals or resolutions as individuals. If it is to read more, think less or finally taking some time off. Apart from personal aspirations, we might have some for our businesses too. And we probably wish to get things faster, better and more efficient. Small business owners sometimes Read more

0Shares
IILMUniversity-Fee

COLLEGE FEES, NO LONGER A BURDEN DURING PANDEMIC

IILM University02 JulyHarshita JainCOLLEGE FEES, IILM University, Law Fee

Living in the age of competition makes everyone choose the best. While choosing the best, we also need to protect our financial pockets, especially during the pandemic when it is in the most vulnerable situation. During this time getting admission, for a professional course like Law in a good college will scar the pockets a Read more

0Shares

Top Course Links

  • Global BBA
  • PGDM
  • MBA
  • BBA / BCom
  • School of Law
  • School of Design and Fashion
  • School of Technology
  • School of Humanities and Social Sciences

Recent Posts

  • Navigating the Path To Top MBA Colleges in India and Private Universities in Gurgaon
  • Eligibility for B.Tech after 12th for Finding the Best Colleges in Gurugram
  • The Reality of Getting Into the Best Colleges for MBA in India
  • Understanding Fee Structure and Quality Education at Right BBA College in Delhi
  • Exploring the Curriculum of B.Tech Biotechnology Colleges in Delhi and the Best Colleges in Gurugram

Categories

  • Alumni
  • Blog Catgeory
  • Campus Blog Category
  • Campus Life
  • Career Development (Placement)
  • Center for Emotional Intelligence
  • Center for Family Business, Entrepreneurship, and Innovation
  • Center for Teaching Research and Learning
  • Conferences
  • Events
  • Exam Watch
  • Faculty
  • General Blog
  • Global Study
  • Guest Blog
  • IILM Graduate School of Management
  • IILM Institute for Higher Education
  • IILM Stories
  • IILM Undergraduate Business School
  • IILM University
  • podcast
  • Testimonials
  • The Edge
  • Uncategorized

Tags

#COVID19 #IILMUNIVERSITY BBA BBA colleges in Delhi BBA course BBA in Entrepreneurship Brand Building Business School Placements Campus Life Campus Placements Career Coaching company visit Design Economy Engagement entrepreneurship Faculty Finance Global Study Global Study Program Global Study Program at IILM Human Resource IILM IILM BBA IILM Blog IILM Gurgaon IILM PGDM IILM PGDM Placements IILM University industry visit jobs Management Marketing MBA MBA admission Mentoring optimism PGDM Placements Student Engagement study tour Technology top business schools in India Workplace

About Us

IILM has ranked consistently as one of the top MBA colleges in Delhi. It offers three campuses that are advantageously located. The Delhi campus is well established at the heart of the nation’s capital, Lodhi Road. The Gurgaon Campus is situated on the Golf Course Road and the Greater Noida Campus is located at Knowledge Park, amidst the most affluent corporate hub in the NCR.
IILM offers hostel accommodation with state-of-the-art facilities to out-station students. Further, it provides a vibrant residential community to create a homely atmosphere. Besides its world-class facilities, the Institute is extremely safe for its students, staff and faculty. It boasts a fully functional safety department that works round-the-clock to maintain a safe and secure environment.
  • IILM HOME

    IILM Institute for Higher Education

    IILM Undergraduate Business School, Lodhi Road

    IILM University

  • IILM Graduate School of Management

Follow On Twitter


Tweets by @IilmInstitute

The IILM Blog