First of its kind
Daniels College of Business at University of Denver was one of the first graduate schools in the country to offer a master’s degree in business analytics. Additionally, in response to employer feedback, they have recently retooled the business analytics program to have greater depth in analytics and critical thinking.
The program features a Capstone course with a real-world, client-based project
Gain invaluable experience and put your lessons into action as you collaborate with your student colleagues on real-time projects for a variety of clients.
Connect with an industry professional that serves as a mentor to offer professional coaching and assist you with your career goals.
You’ll take business intelligence courses, business ethics and courses from each of the primary disciplines of statistics, marketing and information technology, plus an elective from one of these disciplines. The final is a practicum related to one or a combination of the business intelligence disciplines.
|First Year: PGPM - Business Information & Analytics Total credit hours: 46|
|Second Year: MS - Business Information & Analytics, Denver. Total credit hours 46|
|Credits transferred from ITM to University of Denver: 12|
|Credits offered free at University of Denver: 12|
|In effect, students will benefits from a total tuition fee savings equivalent to 24 credits (6 courses).|
The PGPM program with specialization in Business Information & Analytics will help to build, develop deep quantitative capabilities and technical expertise. This program will equip participants to create business value by extracting useful insights from data and apply them in a variety of career settings with no prerequisites. A customized program or experienced professional in this field this would be an ideal program to enhance your career growth. The objective of the program is to impart knowledge on how to apply quantitative modeling and data analysis techniques to provide solutions to real world business problems, communicate findings and effectively present results using data visualization techniques.
It will help in developing information into knowledge and converting that intelligence to action by learning:
|Statistical analysis & Quantitative analysis – Explaining why a certain result occurred.|
|Predictive modeling & Predictive analytics – Forecasting future results.|
|Big data Analytics.|
|Marketing & Digital Marketing Analytics, Financial Analytics, HRMS & HR Analytics.|
|To Analyze data on latest tools|
|To use the above analysis to aid decision making.|
Candidates who successfully complete the PGPM + MS BIA program at University of Denver are eligible for a total of 3 years Optional Practical Training, as opposed to the standard 1 year OPT. This allows candidates to work full-time in the USA for 3 years before either applying for a H-1 visa or returning to their home country.
The PGPM + MS BIA is a STEM degree according to the Department of Homeland Security (DHS). The DHS expanded list includes designated degrees that qualify for 17 month Optional Practical Training (OPT) Extension for F-1 Nonimmigrant Students.
|Selected candidates will start their course of study in India at ITM Business School, Navi Mumbai taking up the first year of courses towards the Dual Certification.|
|Candidates who successfully complete the first year of study will transfer to University of Denver to take up the MS in Business Information & Analytics program. Some of the academic credits earned at ITM shall be transferred towards the MS.|
|At University of Denver, candidates will undergo one year of full-time post-graduate study, upon completion of which they shall be eligible for the award of the MS degree from University of Denver as well as the PGPM degree from ITM.|
|Optionally, students may choose to complete the second year of study in India, leading to the award of PGPM from ITM only, forgoing the Dual pathway.|
ITM Group of Institutions and University of Denver have come together to create a unique opportunity for aspirants to earn two highly recognized and sought after qualifications within the span of 2 years. In addition, the unique credit transfer agreement between the two Institutions results in a significant cost savings for the student.
Successful candidates will earn an PGPM + MS BIA from University of Denver. This is achieved by a unique program structure and credit acceptance between the two institutions.
Globalization has led to businesses having access to similar components for business operations such as resources (material, capital & human). There is business in similar line i.e. telecom or retail who use similar technologies and leverage the same to outperform their competitors. Hence technology is one aspect which can when leveraged appropriately be the USP for an organization.
In simple words, decision making using analytics refers to gathering “quality & effective data” (either procured/purchased or generated in house). Subsequently it is very critical the data collected is then analyzed to facilitate in decision making. The application of analytics to decision making facilitates organization to identify both gaps and opportunities which it can leverage to innovate thereby enhancing their performance. It is also expected based on the current trends of usage of “Big Data” application of analytics and its importance will increase in the coming years. One can see over the years the organizations have increased their focus on generating and analyzing data - thanks to technology. With technology, it is expected the organization would prefer to have online data (i.e. sales) to enable them to make “real time” decisions.
According to one executive of a global entertainment firm analytics must be able to do three things: solve a problem, be predictive, and be implementable. However according to Gartner, more than half of all analytics projects fail because they aren’t completed within budget or on schedule and fail to deliver the features and benefits that were agreed to.
But besides having “quality data and analytics” and having people who have the skills to manipulate it successfully is not enough. Organizations need people who can “partner” with both “internal & “external” stakeholders effectively thereby ensuring their output facilitates to better strategic and tactical decision making. The inability to leverage the available data could be due to several reasons. One of the primary reasons is the “drive” of the people in the organization to analyze the data and define “action based approach” leading to “results’. ‘Data sharing” as mentioned earlier is another critical aspect of leveraging data. The various stakeholders (internal & external) should both share data – and to certain extent based on the company polices data be shared with both these stakeholders. Availability of data and leveraging data to have an agreed outcome is the key to leverage data analytics. The “outcome” for any business comprises of the ‘Enhance Revenue” and “Reduce Cost”.
The qualification is the ability to be an asset to an organization by enabling data analytics facilitating the organization to take highly effective strategic and tactical decisions. This program will prepare participants for role of data analyst who will be equipped to arrive at conclusions using scientific statistical techniques and latest technology. The contents of the program emphasize on making business decisions based on real time data to meet the needs of corporates across the globe.
The global Business Analytics is a USD 105 billion market, growing at a CAGR of 8%. India, with its surfeit of talent, has become the Analytics hub for organizations across the world. Large corporate like Walmart, Target, Citibank, ICICI Bank, Airtel, Vodafone are increasingly adopting analytics in their processes. Consulting giants like PwC, IBM, Accenture, and Infosys have large teams offering Analytics solutions to their clients. Global organizations have less interest in historical events and want to focus on forecasting future trends substantiated by a report which confirms predictive analytics. According to a new forecast from International Data Corporation (IDC) in 2013, the worldwide business analytics software market grew 8.2% to reach USD 37.7 billion. The market is now forecast to grow at a 9.4% compound annual growth rate (CAGR) through 2020.
A study by McKinsey projects that “by 2018, the U.S. alone may face a 50 percent to 60 percent gap between supply and requisite demand of deep analytic talent.” McKinsey projects that by 2020 demand for data scientists may be as much as 60 percent greater than the supply According to NASSCOM, the Indian analytics industry is expected to touch $16 billion by 2025 One has an opportunity to work for companies like Deloitte Touche Tohmatsu Limited, most commonly referred to as just Deloitte (the world’s largest professional services network in terms of revenues and number of employees), PricewaterhouseCoopers, most commonly referred to as PwC an MNC, Genpact, Ernst & Young, KPMG etc.
At present, there are over 600 analytical companies operating in this industry in India (NASSCOM). Analytics provides individuals with the opportunity to work across sectors with the same skills, technology, and techniques. The flexibility to work in different sectors and domains is something that is unique to learning outcome of this program.Sectors which use data analytics
The sectors that will leverage big data analytics in the next decade would include Retail, Government services, Energy & Resources, E Commerce, Telecom, Banking, Computer Services, Education, Health care, Insurance, Manufacturing, Retail, Automobile etc.
GMATMinimum score of 540
TOEFLMinimum score of 94
Note: *Candidates who take admission to the program will be given coaching assistance to take the GMAT and TOEFL exams at ITM.
Candidates will be short-listed for interview based on online aptitude test and their past academic performance, quality of work experience (if any) and fitness for analytic's job.
The campus is equipped with the best educational infrastructure classrooms, Seminar halls, computer labs, boarding and lodging facilities, recreation and sports facilities, etc. The residential nature of the program ensures that the Assistant Acquisition Manager imbibes the culture and values of ITM-Group of Institutions.
ITM Group of Institutions was established in 1991 by Dr. P. V. Ramana, Founder and Chairman. ITM is known to offer the best quality education (higher and technical education) at our Institutions located across India. It offers courses ranging from Engineering, Management, Health Sciences, Hotel Management, Culinary Arts, Fashion, and Interior Design.
Founded in 1864 just a few years after the city of Denver itself was founded the University of Denver is one of the country's premier private universities. The University's 125-acre campus, a few miles south of downtown Denver, is home to more than 11,500 students hailing from all regions of the United States and 83 other countries.
|ITM PGPM Kharghar/ Denver FEE||Year 1||Year 2 - Denver||Year 2 - India|
|Tuition Fee in India||INR 6,00,000||USD 44880||INR 6,50,000|
|Hostel+Food+ Transportation||INR 1,47,000||INR 1,47,000|
|Estimated Living Expenses||NA||USD 12000||NA|
|Total Fees||INR 7,47,000||INR 7,97,000|
|First Installment of Tuition Fee payable on selection||INR 25,000||INR 25,000|
|On or before the last date specified in offer of admission letter||INR 7,22,000||INR 7,72,000|