PGDM in Business Analytics: Course Details, Eligibility, Admission, Fees

Duration: 2 Years
Avg Fees: ₹3 LPA
Shristi T
Shristi T

Updated on - Sep 7, 2023

PGDM in Business Analytics is a two-year PG management program designed to equip individuals with the skills to leverage data and technology for strategic decision-making. PGDM Business Analytics requires prospective candidates to have a minimum of 55% in the bachelor's degree with a relaxation of 5% for candidates from SC/ST/PwD categories.

PGDM Business Analytics delves into data analysis, offering insights into financial accounting, managerial economics, optimization analytics, and statistical analysis. The average costs for the PGDM Business Analytics program range from INR 1 LPA - INR 15 LPA 

Students after graduation can get career opportunities as a Data Scientist, IT analyst, Quantitative Analyst, and Market Research Analyst with an average salary between INR 3 LPA - 12 LPA.

PGDM Business Analytics Course Details

Degree Postgraduate Diploma
Full Form Post Graduate Diploma in Management Business Analytics
Duration 2 Years
Age No age restriction
Entrance Exam CAT, MAT, XAT, ATMA
Minimum Percentage 55% marks in Bachelor’s Degree from a recognized university. [5% Relaxations for the Reserved Category]
Average Fees ₹3 LPA
Similar Options of Study MBA in Business Analytics
Average Salary INR 3 - 12 LPA
Employment Roles Data Analyst, Business Analyst, Data Scientist, Business Intelligence Analyst, Analytics Consultant, Market Research Analyst
Top Recruiters TCS, Cognizant, Accenture, Wipro, Infosys, Amazon, Ernst & Young

What is PGDM Business Analytics?

PGDM in Business Analytics is a postgraduate diploma program that encompasses a diverse range of subjects, including management foundations like financial accounting managerial economics, and business analytics

PGDM Business Analytics consists of four semesters and the course falls under the umbrella of the PGDM course. The development of business analytical skills is an important component of the program. Case studies, faculty lectures, and group discussions all contribute to the development of skilled problem solvers.

Table of Contents

PGDM Business Analytics Eligibility Criteria

To apply for a PGDM course, candidates must meet varying eligibility criteria set by different universities. Here's a general outline of common requirements:

  • Candidates need a three-year bachelor's degree with at least 55% aggregate score.
  • Relaxation of 5% for candidates belonging to the reserved category.
  • Final-year students can apply provisionally while awaiting their degree results.
  • Candidates should clear the necessary cut-off in national-level entrance exams like CAT, MAT, etc.

Why Choose a PGDM Business Analytics Course?

Pursuing a PGDM in Business Analytics positions you at the forefront of a booming industry, offering ample growth prospects, and lucrative salaries. Listed below are some valuable insights to consider when opting for a PGDM Business Analytics course

  • Career Opportunities: The PGDM in Business Analytics paves the way for diverse roles, spanning from analysts to managerial positions, across industries such as marketing, media, FMCG, and telecommunications. The analytics industry in India is set to reach $98.0 billion by 2025.
  • High Demand for Analytics Professionals: Data analytics roles have seen a substantial 46% surge in demand since 2019, as highlighted by LinkedIn. This increase includes positions such as data scientists and data management analysts.
  • High Placement Rates: Many colleges offering PGDM in Business Analytics showcase remarkable placement rates along with a growing placement package rate of up to INR 25 LPA.

Why Choose PGDM Business Analytics

PGDM Business Analytics Admission 2023

Admission to the PGDM Business Analytics course is based on merit or entrance exams depending on the institution. Listed below is a step-by-step outline of the admission procedure for the PGDM in Business Analytics program at leading colleges:

  • Step 1: Prospective students are required to complete the registration form either online through the college website or offline by visiting the admission desk.
  • Step 2: Applicants must provide all the necessary documents in the specified format.
  • Step 3: Candidates are evaluated based on their eligibility criteria for PGDM and their scores in entrance exams, if applicable.
  • Step 4: Shortlisted candidates are invited to participate in personal interviews, group discussions, and possibly aptitude tests
  • Step 5: Admitted students need to submit the required documentation and pay the relevant PGDM course fees to secure their enrollment.

PGDM Business Analytics Admission 2023

PGDM Business Analytics Entrance Exam

Entrance exams serve as a prevalent method of evaluation for colleges, aiding in the selection of students. Among the prominent entrance exams for PGDM in Business Analytics are CAT, CMAT, SNAP, and NMAT. The entrance exams encompass English, Logical Reasoning, Analytical Thinking, and subject-specific questions following an objective and MCQ-based format. Variations in syllabus, examination methodology, and question patterns are contingent on the university or conducting body.

Listed in the table below are some of the common entrance exams for PGDM in Business Analytics:

Entrance Exam

Registration Date

Registration Details

Accepting Colleges

CAT

Aug 2 - Sep 13, 2023

CAT Application Form

XIME, ISBM, ISBR, N.L. Dalmia IMS, GIBS

MAT

Aug 17 - Sep 14, 2023

MAT Application Form

XIME, ISBM, N.L. Dalmia IMS, GIBS

CMAT

February 2024

CMAT Application Form

XIME, ISBM, N.L. Dalmia IMS, GIBS

NMAT

Aug 1 - Oct 10, 2023

NMAT Application Form

XIME, ISBM

Top PGDM Business Analytics Colleges with Fee Details

Renowned institutes across India offer PGDM in Business Analytics, focusing on a comprehensive curriculum encompassing management principles, data analytics, statistics, machine learning, and data visualization. The fee structure for the program may vary based on factors like location, faculty expertise, and additional facilities.

Listed in the table below are some of the best universities offering PGDM in Business Analytics, along with their indicative fee structure. 

Sl No. College Name Average Fee
1 XIME INR 6 LPA
2 Prin. L.N. Welingkar IMDR INR 7 LPA
3 ISBM INR 5.5 LPA
4 ITM, Mumbai INR 5.2 LPA
5 N.L Dalmia, IMSR INR 7.3 LPA
6 Lal Bahadur Shastri Institute of Management INR 7.7 LPA
7 ISBR INR 5 LPA
8 St. Teresa’s College Autonomous, Ernakulam INR 68,687 PA
9 GIBS  INR 4 LPA

Note: These figures are approximate values and subject to change at the institution’s discretion

Top Five Colleges for PGDM Business Analytics

Types of PGDM Business Analytics Courses

Due to the rising demand for PGDM programs, different ways for students to enroll have emerged substantially, based on their background, goals, and qualifications. Below are the different types of PGDM in Business Analytics courses along with their details:

Type

Eligibility for PGDM in Business Analytics Courses

PGDM Duration

PGDM in Business Analytics Full Time

Candidate should have completed a bachelor's degree with a minimum of 50% marks 

2 Years

Distance PGDM in Business Analytics 

Candidate should have completed a bachelor's degree with a minimum of 45-50% marks 

1-2 Years

PGDM in Business Analytics Distance Mode

Students who want to study remotely can pursue distance mode for PGDM in Business Analytics. Students will be supplemented with E-Learning materials, case studies, online projects, and assignments, helping them with in-depth learning of core areas of business analytics. Some key information regarding  Distance PGDM in Business Analytics is given below: 

  • The Distance PGDM in Business Analytics course duration usually ranges between 1 to 2 years
  • The average course fees for Distance PGDM in Business Analytics range between INR 30,000-40,000 PA
  • Students can pursue the Distance PGDM in Business Analytics course from IMT, Ghaziabad

PGDM Business Analytics Syllabus and Subjects

The PGDM Business Analytics program presents a comprehensive syllabus meticulously designed to equip students with a profound understanding of the dynamic world of data analytics. Spanning four semesters, this curriculum bridges the gap between foundational knowledge and specialised expertise.

The table below contains an overview of the topics covered in PGDM Business Analytics syllabus:

Subjects

Topics Covered

Financial Analytics

Financial Risk Models, Analytical Models in Finance, Pricing & Revenue Analytics, Time Series Forecasting.

Analytics Fundamentals

Programming for Analytics, DBMS and Data Warehousing, Multivariate Data Analysis.

Predictive Modeling

Predictive Modeling using SAS, Big Data Analytics, Data Mining for Business Analytics, Time Series Econometrics

Applied Analytics

Applied Business Intelligence, Financial Analytics, Risk Modeling

Consumer Insights

Consumer Analytics, Pricing & Revenue Analytics, Web & Social Media Analytics

Strategic Decision Making

Project Management Analytics for HR, Models in Marketing, Supply Chain Analytics

Market and Industry Focus

Analytics for Marketing, Analytics for Retail Industry, Operations Research Models, Analytics for Investment Banking

PGDM Business Analytics vs MBA in Business Analytics

PGDM Business Analytics Offers a specialized curriculum tailored to the intricacies of data analytics, emphasizing hands-on skills and practical applications whereas MBA in Business Analytics Combines business administration fundamentals with specialized training in data analytics, catering to individuals seeking a broader managerial skill set. The following table represents the major differences between the two courses. 

Parameters

PGDM Business Analytics

MBA Business Analytics

Full Form

Post Graduate Diploma in Business Analytics

Master of Business Administration in Business Analytics

Duration

2 Years

2 Years

Eligibility

50% in graduation for general category and 45% for reserved categories

50% in graduation for general category and 45% for reserved categories

Average Fee

INR 1 - 15 LPA

INR 5 - 15 LPA

Job Role

Data Analyst, Business Analyst, Data Scientist,  Business Intelligence Analyst, Analytics Consultant, Market Research Analyst

Analytics Manager, Data Analytics Manager, Business Analytics Strategist, Project Manager (Analytics),  Analytics Solutions Architect.

Average Salary

INR 3 - 12 LPA

INR 3 - 20 LPA

Courses After PGDM Business Analytics

Graduates of a PGDM in Business Analytics can pursue a variety of advanced educational and career paths. These post-PGDM options allow for further specialisation and career advancement. These alternatives cater to a wide range of goals, including advanced research, industry-specific specialisation, and honing leadership and managerial skills in the field of data analytics. Here are a few notable courses and opportunities:

PGDM Business Analytics Salary in India

Having completed a specialised PGDM in Business Analytics, professionals attain a blend of management insights and advanced analytical skills. Detailed in the table below is a breakdown of salaries for PGDM Business Analytics job roles, including average starting salaries for freshers and average salary of those with 5 years of experience.

Jobs

Description

Average Salary for Freshers

Average Salary After 5 Years

Data Analyst

Analyses data to discover insights that drive business decisions.

INR 3 LPA

INR 7 LPA

Data Scientist

Develops advanced models to predict outcomes and extract insights from complex data.

INR 3 LPA

INR 9 LPA

Analytics Manager 

Oversees a team of analysts, ensuring data-driven strategies are implemented effectively.

INR 4 LPA

INR 12 LPA

Market Research Analyst

Studies consumer behavior and market trends to inform marketing strategies.

INR 3 LPA

INR 7 LPA

Risk Analyst 

Assesses potential risks and opportunities by analysing data to support informed decision-making.

INR 3 LPA

INR 7 LPA

Career Options After PGDM Business Analytics 

With a PGDM in Business Analytics, graduates possess a strong foundation in management concepts alongside a specialised analytical skill set. This unique blend prepares them for a range of impactful careers where data-driven insights fuel strategic decisions. Below is a selection of promising career paths, underlining the program's ability to bridge the gap between management principles and modern data science 

  • Data Scientist
  • Business Analyst
  • Analytics Manager
  • Market Research Analyst
  • Financial Analyst
  • Supply Chain Analyst
  • Healthcare Data Analyst
  • E-commerce Analyst
  • Risk Analyst
  • Operations Analyst
  • Marketing Analytics Manager

Top Recruiters for PGDM Business Analytics

PGDM Business Analytics graduates are highly sought after by a wide range of industries. Top-tier companies across various sectors actively recruit individuals who possess expertise in Business Analytics. Listed below are some top recruiters along with their average salary

Jobs

Top Recruiters

Average Salary

Data Analyst

TCS, Cognizant, Accenture, Wipro, Infosys

INR 7 LPA

Data Scientist 

IBM, Capgemini, Tech Mahindra

INR 9 LPA

Data Analytics Manager 

Publicis Sapient, EXL, Capgemini, S&P Global

INR 12 LPA

Market Research Analyst 

Factset, ArcGate, Markets And Markets

INR 6 LPA

Risk Analyst

Amazon, Ernst & Young, Wipro, Accenture 

INR 6 LPA

Top five recruiters in PGDM Business Analytics

Skills to Be the Best PGDM Business Analytics Graduate

To thrive in their professional roles, graduates of the PGDM in Business Analytics program need a blend of intricate technical skills and soft abilities. These proficiencies often extend beyond classroom teachings, necessitating hands-on practice and real-world exposure.

Listed below are some key skills required for excelling in this field:

  • Statistical Skills - One of the fundamental skills students should have is a working knowledge of statistics and probability to draw conclusions from the data at hand.
  • Programming Skills - Business analysts can work with big data with the aid of programming languages like R and Python other than Database management systems. In order to do this, they should have sound knowledge of languages like SQL to retrieve, generate, and alter data from databases.
  • Data Visualization Skills - Data visualization skills are necessary for converting raw data into usable digital representations to assist clients in comprehending data and making strategic decisions to meet business goals.
  • Analytical Skills - Students should develop logical and research skills with an analytical mindset which helps to make rational decisions and evaluate performance substantially. 
  • Critical Thinking - Students need to think critically because it helps with their analysis of the data and allows them to draw accurate conclusions for meeting client's demands. 
  • Decision-Making Skills - Students should develop decision-making skills that help to carry out business operations effectively and help companies gain a competitive advantage over rivals and rise to new heights.

FAQs

Which is better PGDM Business Analytics or MBA in Business Analytics?

PGDM Business Analytics is inclined to derive an analysis of data to act accordingly and MBA focuses more on business planning, expansion and improving management.

What other specializations can be done besides PGDM Business Analytics?

PGDM offers many specializations like Marketing, International Business, Finance, Logistics-Supply Chain Management & Operations, and many more.

Is CAT compulsory for PGDM Business Analytics?

PGDM Business Analytics admission can be applied through other examinations such as XAT, MAT, NMAT or GMAT. 

Is there any age limit to apply to the course?

There is no age limit for applying to the PGDM Business Analytics course.

Does PGDM Business Analytics have a good scope in India?

Business Analysts are no longer only hired by Manufacturing Companies, but also by sectors like the Information Technology sector, stock market, Banks, and different financial institutions. The scope of Business Analytics has been expanding all over India as well as the world.

How long is PGDM in Business Analytics?

PGDM in Business Analytics typically lasts for a duration of 2 years.

What is PGDM in Business Analytics?

PGDM in Business Analytics is a two-year postgraduate diploma program that focuses on imparting skills in data analysis, interpretation, and strategic decision-making for business growth and optimization.

Which is better: PGDM in Business Analytics or MBA in Business Analytics?

Both PGDM and MBA in Business Analytics offer valuable insights. PGDM is usually more industry-focused and practical, while MBA often includes broader business aspects. Choose based on your career goals and program structure.

What is the average salary after PGDM in Business Analytics?

The average salary after PGDM in Business Analytics ranges from INR 3 to 12 lakh per annum, depending on factors such as skills, experience, and employer.

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