Once deemed as a new entrant in the business world, Business Analytics has now emerged as a mandate no enterprise can ignore. A powerful tool for big organizations to propel forward into the future with big profits, it is an essential ingredient start-ups need to be successful and sustain themselves.
Followed by advanced concepts of Artificial Intelligence and Machine Learning, it has a wingspan that shadows every single industry today. Hence, recruiting top talent in these fields is becoming a priority for companies across the globe with several positions open for competent Data Scientists, Machine Learning Engineers, and Architects who can scale businesses with AI-driven solutions. A hot market, with a plethora of job roles and titles in the aforementioned technologies, awaits the IT professionals smart enough to ride the data science wave before their current job profiles become obsolete.
Indian professionals have become the biggest beneficiaries of this rising trend with professionals looking to upskill themselves in areas of Machine Learning and AI. Companies are looking to further enhance their products and offerings, and are setting up data centers and teams to ace the task of designing and manipulating machine learning algorithms.
While certain tools like AutoML are making Machine Learning simpler to apply, interpreting data and specific business challenges are best done by data scientists. Working knowledge of Python or learning languages or tools is not the only prerequisite to make a mark in this field. Business acumen and a working knowledge of how data should be used, the science behind Machine Learning algorithms, the outcome that will enhance business value, along with a deep understanding of the business problem at hand are all necessary.
While there are several programs in the country claiming to offer Machine Learning expertise for enrollees, one program that stands out is Praxis Business School’s Post Graduate Program in Data Science (formerly known as PGP in Business Analytics Program). It is a 9-month full-time program that equips learners with all the necessary tools and techniques to excel in the fields of Machine Learning and Artificial Intelligence. The program is offered at two campuses, Bengaluru and Kolkata and has two intakes per year, January and July.
The program offers more than 500 hours of classroom training and almost equal hours of practice through lab work, case discussions and capstone projects. It focuses on offering its students a comprehensive analytics experience, a deep-dive that ensures extensive coverage, rigor and hands-on lab-work in the following:
- Technology Skills: an understanding of a wide range of tools like Python, R, Spark, SQL, SAS, Hadoop, MongoDB (NoSQL), Amazon AWS (EMR / EC2), TensorFlow, and Tableau that are commonly used to extract, analyze and visualize data.
- Statistical Modeling and Analytical Skills: knowledge of statistics, data mining, machine learning, and deep learning techniques and the ability to create predictive models.
- Applying analytics to business situations: a fair understanding of business functions like marketing, finance, operations and the application of Analytics in verticals like BFSI, retail, telecom, Healthcare, etc.
- Communication and Visualization Skills: the ability to tell an effective story.
What truly sets the program apart is a well-established Campus Placement program that enables the students secure their first job in the highly competitive Data Science/Analytics domain. While 93% of the 2017-18 July session was placed with an average salary of 8.2 lacs, the January 2018 batch placement stats rose to 94% with an average salary of 8.86 lacs per annum.
A Praxis alumnus, Pravin Cumar (Manager – Analytics in L&T Financial Services) says about the program “My Experience with Praxis was great and it helped to shift my career after 3 years of experience from Sales to Analytics. Classes from faculty members working in the Industry helped me learn about on-the-ground projects and practices in the domain. Rigorous projects, assignments, and competitions prepared us to meet the Industry requirement. It is an institute that gives the best ROI when compared to its peers in the Industry.”
Hard Facts About Praxis PGP Data Science Program
A 9-month full-time classroom training program with a focus on 3 key disciplines; Statistics & Machine Learning, Programming, and the targeted Business Domain.
Python, R, Spark, Tensor Flow, SQL, SAS, Hadoop, MongoDB (NoSQL), Amazon AWS (EMR / EC2), QlikView and Tableau. The detailed curriculum can be accessed here.
9 months (Divided in 3 semesters, with 9 months of classroom training.)
Fees: INR 5,75,000 including Tuition, Library and Academic activity fee.
Candidates with a minimum of 60% in their class X, XII and Graduation in the following can apply:
BA/MA – With Economics, Econometrics, Statistics & Mathematics
BSc/MSc – With Mathematics/ Statistics as one of the subjects
Any other Graduate with Mathematics/ Statistics as one of the subject.
Short-listing is based on Test Score, Academic Performance, Professional Qualifications, and Work Experience. Final selection is basis performance in Essay & Personal Interview.
A scholarship of up to 10 Lacs can be availed under 2 categories (Director’s Merit List and Praxis Business School Foundation Scholarships – 5 intakes in each category).
Bangalore and Kolkata.
The program is still accepting late applications for its July 2019 session. For more information about the program and download the brochure, visit this page.