analytics and mba is a great career choice

28
Career Opportunities with Analytics

Upload: worldmovers

Post on 13-Apr-2017

79 views

Category:

Data & Analytics


0 download

TRANSCRIPT

Page 1: Analytics and MBA is a great career choice

Career Opportunities with Analytics

Page 2: Analytics and MBA is a great career choice

WHAT IS ANALYTICS ???

“Analytics is the discovery of meaningful patterns in a given set of data”

Source : Wikipedia

Page 3: Analytics and MBA is a great career choice
Page 4: Analytics and MBA is a great career choice

– Too much information in various different formats– 80% of data is unstructured … the challenge is put it all together and

make sense– Analytics provides lucrative business opportunities, certainty and

predictability in decision making process– Spot hidden trends, predict outcomes in everything from weather

forecasting to transportation scheduling to financial performance

Analytics is “converting information to insights”

What have we learnt

Page 5: Analytics and MBA is a great career choice

Analytics - Examples

Finance

Business Problem : How to check credit worthiness of 1st time borrowers.Issues: No credit scoresHow to get the data : We need to get some feedback on customers from some 3rd party. So the bank companies approached Telecom companies for the payment history of their customers.

On the basis of the payment patterns from telecom, utilities and other parameters such as Income, age etc. they deduced an algorithm to predict their credit worthiness.This model came out to be 85 % accurate , reducing the number of defaulters significantly.

Page 6: Analytics and MBA is a great career choice

Analytics - Examples

Marketing

Business Problem : Reduce customer churn of good customers

• Applied analytics on various parameters like monthly bill, VAS usage, timely payments etc. to figure out the “Good” customers.

• Studied patterns to understand which customers might leave and provided customized offers for every customer based on their behavior which are most likely to help in retention.

This model came out to be 70 % accurate , reducing the number of churn.

Page 7: Analytics and MBA is a great career choice

Analytics - Examples

Operations

Business Problem : Optimize inventory across locations.Approach : Applied Analytics on parameters such as Purchase trends, Income group, age distribution and many more.

Based on this Inventory optimization, Best Product Mix, Offer optimization was achieved across numerous locations

An increase of 5% in sales was achieved.

Page 8: Analytics and MBA is a great career choice

Analytics - Examples

HR

• What if you could predict which high performers were at risk of leaving six months before they walked out the door?

• What if you could merge external data with your own business metrics to project workforce demand six, nine or even eighteen months from now?

• What if you could triage incoming resumes overnight to predict employee success and tenure – before you hire?

These are key questions that we believe you should consider addressing with Workforce Analytics

Page 9: Analytics and MBA is a great career choice

Why should I care about it ?

Page 10: Analytics and MBA is a great career choice

MBA + Analytics

Functional Knowledge

Analytical ability

Big Picture

Domain

Statistics

Presentation

MBA SKILLS

Basic Programming

ANALYTICS SKILLS

Page 11: Analytics and MBA is a great career choice

Industry Speaks

-Corporations want data science “unicorns” – those with the quant skills, computer science skills, presentation skills, and deep domain knowledge in areas like finance, marketing and the supply chain.

Sangeet Chowla, CEO, GMAC

-“A combination of digital skills, industry knowledge and client-facing skills is a powerful combination in the current market,”

Sanjeev Bikhchandani, CEO, Naukri.com

-“NASSCOM predicts big data to be worth around $0.5 billion by 2015 in India, growing to $1.3 billion by 2018”

Page 12: Analytics and MBA is a great career choice
Page 13: Analytics and MBA is a great career choice
Page 14: Analytics and MBA is a great career choice
Page 15: Analytics and MBA is a great career choice

Analytics as a career

Job opportunities are increasing and will go on increasing for next few years

Page 16: Analytics and MBA is a great career choice

SalariesThere are two areas that you can work for :• Captives like BFSI, Retail, e-commerce, Telecom etc.• IT companies/Analytics companies who work for these captivesCaptives usually pay higher because one is bound in a particular domain.

• Professionals with skills in Big Data & Analytics domain command a premium of 30% over others working in similar role

Analys

t

Sr. Ana

lyst

Asst M

anag

er

Mange

r

Sr. Man

ager

0

5

10

15

20

25

Salary (in Lakhs/annum)

Salary (in Lakhs/annum)

IT Consulting Retail e-commerce BFSI0

2

4

6

8

10

12

14

Salary (in lacs/annum)

Salary (in lacs/annum)

Page 17: Analytics and MBA is a great career choice

Career Progression

Analyst (0-2 years)

Sr. Analyst (2-5 years)

Assistant Manager (5-8 years)

Manager (8-10 years)

Sr. Manager (10+ years)

Page 18: Analytics and MBA is a great career choice

Industries

Page 19: Analytics and MBA is a great career choice

How can I get into this ??

Page 20: Analytics and MBA is a great career choice

Skills Required

For a career in analytics - • Business Skills • Analytics skills, and hands on experience with Analytical tools• Knowledge of modeling techniques and econometrics• Basic programming • Good presentation and communication skills

Domain Knowledge ProgrammingStatistics

Page 21: Analytics and MBA is a great career choice

Course Details

Machine Learning

Descriptive Statistics

Data Analysis with R

Data Visualization

Inferential Statistics

Duration - 60 hours (15 sessions of 4 hours each)

Course Content -

Page 22: Analytics and MBA is a great career choice

Companies200+ Analytics companies have come up to fill the demand being generated in

Analytics. Some major ones are listed here.

Page 23: Analytics and MBA is a great career choice
Page 24: Analytics and MBA is a great career choice

Dimensionless Tech. Pvt. Ltd.A-1103, Tulsi Gagan Apt.,

Near Apeejay School, Sector-21, Kharghar

Navi MumbaiContact --: 8108094992, 9923170071

[email protected] us @ www.dimensionless.in

Page 25: Analytics and MBA is a great career choice
Page 26: Analytics and MBA is a great career choice

About the company

Dimensionless Technologies Pvt. Ltd., was established by IIT graduates with an

aim to improve the employability quotient of students by imparting dedicated

trainings for different skill sets.

Operational since June 2015, it is headquartered in Pune with another office at

Navi Mumbai. We have trained around 100 students in Analytics, Big Data and

Hadoop.

Mission : Be the market leader in providing quality technical education to

students at affordable cost.

Using our portfolio of courses we seek to develop the skill set of students in their

field of interest leading to a more satisfying and rewarding career.

Page 27: Analytics and MBA is a great career choice

Trainer Profiles

Vikas Sharma

B.E. and MBA(GIM)

An expert in Data science and Advanced analytics

with 7+ years of experience in Industry. Conducted statistics

courses for students at GIM

Priyanka Gupta

B.E. & MBA(NMIMS, Mumbai)

Rich experience of 9+ years in IT and Marketing

space with special focus on Digital marketing

Himanshu Arora(FOUNDER)

With a B.Tech. degree from IIT, Powai

Over 8 years of rich

experience in manufacturing industry. He loves to teach and has taught in various

training institutes

Kushagra Singhania(FOUNDER)

B.Tech and MBA from IIT, Delhi

Around 7 years of experience in IT and teaching domain with around 3 years in Social, Mobility, Analytics

& Cloud

Page 28: Analytics and MBA is a great career choice

Embrace the future with us !!!

Industries are changing fast and so are

their needs. Basic skills will not take

you far ….

Are you up for the challenge ??