What is Artificial Intelligence (AI)?
Artificial intelligence is the capacity of a computer or robot under computer control to carry out operations typically performed by intelligent entities. The phrase is commonly used to describe the endeavor of creating artificial intelligence systems that include human-like cognitive functions, like reasoning, meaning-finding, generalization, and experience-based learning.
What is Data Analytics?
Data analytics is used to analyze unprocessed data to identify patterns and provide answers. It covers a wide range of fields. This process involves a wide range of methods and objectives that vary depending on the industry. There are parts of the data analytics process that can support numerous efforts. An effective data analytics project can assist in providing answers to business inquiries about past trends, forecasts for the future, and decision-making by integrating these elements.
What is an MBA degree?
The most common management degree in the world is the MBA. Students are enthralled with it, and employers adore it. Every year, thousands of driven professionals submit applications to various MBA programs. As a generalist degree, the MBA equips you with core management knowledge, allowing you to build those crucial soft skills and leadership abilities while gaining a comprehensive understanding of business across domains like marketing, finance, and accounting.
How Artificial Intelligence is Transforming MBA?
The MBA field has been greatly impacted by the growing usage of AI, which has forced it to change with the business environment. Over the past ten years, business schools have begun including AI-focused coursework in their MBA programs in response to the growing demand for graduates who can handle business strategy and technological developments. By bridging the gap between conventional procedures and modern methods, this modification teaches students how to apply AI-driven insights for better decision-making and operational effectiveness.
In order to show how artificial intelligence enhances decision-making and business strategies in MBA programs, business schools have integrated AI tools like Tableau for data visualization, IBM Watson for analytics and natural language processing, Salesforce Einstein for customer relationship management, Google Analytics for understanding customer behaviour, Rapid Miner for predictive analytics, and programming languages like Python and R for data analysis.