Few lines about Analytics
Analytics is the creation of ad hoc analysis to answer specific business questions and forecast possible future financial scenarios. The goal of the analytics is to shape the strategy for business through reliable, factual insight rather than intuition.
The analytics provides the tools for firms to gain deep knowledge of key trends and take action to improve their performance. The analytics involves using massive amounts of financial and other relevant data to identify patterns to make predictions such as what the customer might buy or how long an employee’s tenure might be. With a wealth of financial and other relevant data from various departments throughout their organisations, corporate financial teams are increasingly leveraging this data to help company leaders make informed decisions and boost the company’s value.
Brief description of B.Com Analytics
B.Com Analytics is a 3-years undergraduate course that is divided into 6-semesters. The course is designed to provide the students an experience of a contemporary business environment that thrives on adaptability, optimization of resources and the ability to function prospectively. The course provides a detailed understanding of key different business analytical skills like identification of key solutions, trends, market patterns in a structural manner.
The course develops the students to pursue a career in the area of analytics and continue their professional development in specialising in different domains related to analytics who can apply for analytics tools and techniques to solve business analytics problems.
Eligibility for B.Com Analytics course
The students who have passed their PUC or 10+2 in any stream with 50% aggregate from recognised board are eligible to apply for B.Com Analytics course.
Admission Procedure
The students with relevant qualifications can join the B.Com Analytics course by two modes. The first one is Merit based admission and the second one is direct admission.
Let’s discuss in detail
1. Merit Admission
There are many top educational institutes that conduct entrance exams for the B.Com Analytics course. This mode is called merit admission mode. The entrance exams are conducted to select the serious and hardworking students from the group of non-serious candidates to the available limited number of seats in the colleges. The qualified students are allotted the merit seats and are given admission, the fees are fairly nominal for merit admissions.
2. Direct Admission
The students have another option of getting admission to B.Com Analytics course by direct admission process. Under this mode of admission, the students are given direct admission to their desired colleges under management quota. The direct admission students enjoy many special privileges like they are not required to apply for any institution-based entrance exam for getting admissions. They have an option to choose their desired colleges and book their seats even before the starting of the academic year. The students who are interested in direct admissions are required to contact Galaxy Educational Services for more details.
Course Curriculum for B.Com Analytics
The students of B.Com Analytics will be studying the following subjects during their course duration
| Sl.No | Subjects of Study |
|---|---|
| 1 | Financial Accounting |
| 2 | Principles of Management |
| 3 | Mathematics |
| 4 | Business Statistics |
| 5 | Corporate Accounting |
| 6 | Business Law |
| 7 | Business Economics |
| 8 | Programming for Analytics |
| 9 | Financial Management |
| 10 | Marketing Management |
| 11 | Business Statistics with R Programming |
| 12 | Human Resource Management |
| 13 | Theory & Practice of Banking |
| 14 | Income Tax |
| 15 | Cost Accounting |
| 16 | Principles and Practice of Auditing |
| 17 | Multivariate Data Analysis |
| 18 | Data Visualisation |
| 19 | Management Accounting |
| 20 | Operations Research |
| 21 | Company Law and Secretarial Practice |
| 22 | Data Mining with |
| 23 | Text Mining |
Career and Scope
There is a good demand for analytics students in recent years. The demand for analytics continues to increase in the future. The B.Com Analytics students can work in top MNC companies especially in data science and data analytics fields.
Salary and Emoluments
The fresh B.Com Analytics students will easily earn nearly around 4 lakhs to 6 lakhs per annum. The experienced professionals will be earning around 6 lakhs to 8 lakhs per annum.
Job Roles available for B.Com Analytics students
Some of the job roles available for B.Com Analytics students are:
- Data Engineer
- Data Analyst
- Data Miner
- Data Scientist
- Business Analyst
Top organisations hiring B.Com Analytics students
Some of the top organisations hiring B.Com Analytics students are:
- Wipro
- Capgemini
- Cognizant
- IBM
- SAP
- HP
- TCS
- Amazon
- Flipkart
Concluding Lines
Analytics is the upcoming field with enormous demand and requirements. The B.Com Analytics students can easily find jobs in abundant companies. With the increase in availability of data the B.Com Analytics students are required to extract this huge data. The B.Com Analytics students are skilled professionals. The B.Com Analytics students are paid handsome salaries and also have an excellent opportunity to grow in their career.