January 13, 2022: Times Professional Learning (TPL), under its brand Times TSW, has launched the Executive Master of Business Administration in Analytics (EMBA-Analytics) in collaboration with the Indian Institute of Management, Kashipur. It aims to impart multidimensional skills for learners to critically analyse data to improve business practices, optimise and automate business processes, build analytical competencies and support working professionals to leverage the power of data to drive growth in their companies.
The two-year EMBA (Analytics) programme by IIM Kashipur, launched recently, will train learners in interdisciplinary areas of analytics, technology, and management through cross-functional academics and practical learning skills that focus on domains like business analytics, artificial intelligence, machine learning, deep learning, management, and strategy. The EMBA in Analytics programme generates immense significance, owing to the dearth of skilled professionals in Industry 4.0 that has led to a demand for business analysts, data scientists and management leaders with analytical competencies. The programme will bridge this gap for learners to improve their employment prospects, gain higher packages and appraisals, faster promotions, and accelerate mobility in their career trajectory.
The six-term programme offers flexibility in choosing credits from over 40 electives spread across nine domains that will be dispensed through hybrid learning including both online and on-campus modules and an immersive pedagogy comprising case studies, simulations, peer learning, industry workshops, and capstone projects. Learners will equip themselves with skills in emerging technologies like AI, Machine Learning, Deep Learning, Spatial Data Science, and Cloud Computing required to succeed in Industry 4.0.
EMBA (Analytics) programme is suited for working professionals looking to upskill their career graph with an in-depth knowledge of analytics along with entrepreneurs and business owners who foresee its applicability in their business domains. Graduates, junior to mid-level executives, and engineers looking to build a career in analytics will find it beneficial. According to the “Big Data and Business Analytics Market by Component, Deployment Model, Analytics Tool, Application, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021–2030, the market is projected to reach to a staggering $684.12 billion by 2030, growing at a CAGR of 13.5% from 2021 to 2030. The report added that lockdown world over has created a significant demand of cloud-based big data analytics to manage critical information for organisations, thus creating lucrative opportunities in the market. The IMARC Report ‘Business Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026’ also expects the global business analytics market to grow at a CAGR of around 10% during 2021-2026.
To be eligible for the programme, candidates must possess a full-time bachelor’s degree in any discipline or an equivalent academic pursuit with a minimum of 45% marks or equivalent CGPA and three years of full-time work experience. Eligible applicants will have to undergo an entrance test followed by a personal interview. It also allows an early exit option for learners after completing their first year and will receive a certificate for the same. They can re-enter within four years of the programme to complete their EMBA.
Speaking on the launch of the EMBA (Analytics) programme, Mr. Anish Srikrishna, Chief Executive Officer, Times Professional Learning said, “The demand for professionals having expertise in business analytics has seen an exponential rise especially since businesses have become highly dependent on data to make strategic decisions. The EMBA (Analytics) envisages industry requirements and best practices to build competencies in this domain. The programme is delivered through a blended medium by eminent faculty from IIM Kashipur and industry experts to assist learners to analyse data to drive organisational growth.”
Prof. Kulbhushan Balooni, Director, Indian Institute of Management, Kashipur said, “Considering the exponential growth of the big data analytics market, the Indian Institute of Management, Kashipur, started a two-year MBA programme in Analytics in 2020. We are the first IIM to offer such a full-time programme in this domain. The skills and practical experience expected to gain throughout the Executive MBA journey will build expertise to thrive in a world of analytics-driven competition. Today’s executives need new capabilities and disruptive thinking to succeed in the Age of Analytics. We have designed this Executive MBA programme to train learners to embrace complexities arising from technology-driven disruptions and build strategies to lead their organisations. The life-changing and transformative educational experience at IIM Kashipur will actively shape the future of Industry 4.0.”