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Lucrative Career Opportunities After Mba In Data Science
Since the advent of big data, businesses in India have put great emphasis on incorporating data science and data analytics in their method of operations. It reflects on the revenue generated by India’s big data industry in 2018, which amounted to a whopping Rs 1980 crore, increasing at a rate of 18% per year. By phasing out traditional data reporting with augmented analytics tools, Indian companies are starting to value data processing and analysis. As a result, there is an enormous demand for data science professionals in the market.
To supply such professionals, various B-schools in India are offering an MBA in Data Science. It is a two-year postgraduate program that aims to make students competent in the use of analytics and data science tools. If you’re one such student planning to pursue a career in data science, here are some lucrative career opportunities you can grab after completing your MBA.
1. Financial Analyst
The role of a financial analyst is a coveted one in the finance industry. If you secure this job role, your immediate task will be to analyze the organization’s financial data with ...
... the use of analytics and recommend improvements based on your findings. You will base your research on factors such as market trends, your company’s financial status, and forecasting their economic growth over a period. Moreover, you will be designing statistical, financial models that predict the outcome of business deals, and therefore, help your company’s management to make strategic decisions. Overall, you will play a significant role in your company’s decision making.
2. Business Intelligence Analyst
The role of a business intelligence analyst (BI) compulsorily requires professionals to have a sound knowledge of data science. Therefore, you can pursue this role after completing your MBA in Data Science. As a BI, you will be analyzing your organization’s data, and produce detailed reports that will support their decision making. You will be using tools such as SQL or Cognos to acquire the necessary data to produce these reports. Moreover, you will be working with the development team to deliver new business solutions that align with contemporary market trends in any domain. You will also guide your organization on how to apply this data to achieve profitable results.
3. Supply Chain Analyst
As a supply chain analyst, your primary responsibility would be to increase efficiency and reduce the costs of your organization. For that, you have to gather data, analyze the problematic areas, and suggest improvements. Moreover, you must make sure the supplies reach their destination on time by optimizing specific processes such as warehouse-slotting, route planning, etc. You must also oversee inventory procedures, discover useful shipping modes, and maintain excellent relationships with the organization’s business partners.
If the above job roles convince you to opt for data science, you can pursue this MBA in Pune at Symbiosis Centre of Information Technology. It is one of the top B-schools in India for IT, Data Science and Business Management.
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