The Analytics industry has grown manifold in recent years. Organizations are increasingly adopting Analytics to find solutions to critical business issues. Businesses apply Analytics to target customers, optimize supply chain, accelerate product development, develop promotional plan, optimize portfolio etc. In the past decade, the field has taken giant strides in coverage and sophistication straddling across multiple sectors such as FMCG, Retail, BFSI, Pharma, Telecom, Infrastructure and myriad areas in the government.
India has achieved a unique position in this global development as it has built a reputation for its excellent talent. It has attracted numerous global majors to setup Analytics operations in India which is in addition to Analytics process outsourced to Indian third party service providers. There has also been a significant growth in the adoption of Analytics in Indian organizations too. Thus, India is today recognized as a global hub for Analytics.
India currently has about 90,000 Analytics professionals. The projections made by a number of industry watchdogs suggest that the demand for Analytics professionals is conservatively estimated to grow at 8 percentage per annum in the foreseeable future. This requires fresh talent as well as experienced professionals with knowledge of Analytics.
NMIMS Bangalore has carved out a niche in Analytics by providing Analytics courses for the past few years. Starting with the current batch, it is offering Analytics as a specialization for PGDM students; a first in India. The successful placement of this batch in a short time period is evidence that the program has been well received by industry. The institute would therefore like to offer this niche program to working executives desirous of upgrading their skills or seeking a change in career path.