MBA Business Analytics by Nirma University- AI Monks’ View: MBA in Business Analytics is an elaborate two-year full-time regular classroom program with a curriculum suiting the current industry standards.
If you need help finding out if the course is apt for you, read further to know AI Monks have to say.
About Nirma University
Institute of Management Nirma University embodies the principles of entrepreneurship, excellence & professionalism. It aims to impart top-class business education & has produced new generation leaders and managers over the years.
Nirma strives to develop high-quality professionals who reflect and demonstrate values that the Institute stands for through continuous improvement and innovation in learning, research & extension activities.
Curriculum
Nirma has benchmarked its curriculum against the courses offered among other best B-schools. It also invites suggestions from industry experts & alumni to design the curriculum. The curriculum consists of compulsory (core: the foundation of business) and elective courses(an option to specialize in an area).
To make the teaching-learning process more participative and experiential, the Institute leverages lectures, simulations, case studies, live projects, role play, MOOCs, group discussions, movie screenings, etc.
The pedagogy ensures that analytical skills through concepts & practice. This helps the students improve their decision-making skills. Nirma has also set up an “Idea-lab” to generate innovative ideas to solve business and societal problems. Moreover, the curriculum emphasizes entrepreneurship with courses being offered, which are entirely hands-on to inculcate entrepreneurship spirit among the students.
If you want to become a data scientist, is this course for you ?
Most of the courses in the curriculum are aligned with the business domain. Just the Business Analytics Elective courses cover topics like Big Data, Business Analytics, Data Visualisation, Data Mining, Data Science, Machine Learning & Artificial Intelligence, and Python & R. This is not enough to become a full-fledged data scientist.
The curriculum also has a mandatory summer internship at the end of the first year. Wherein students are required to undertake a project assignment in an organization. The summer project is about eight to ten-week long. But this duration is not enough to give the exposure that a student needs for experiential learning.
Faculty
The Nirma Institute of Management has a highly qualified and experienced faculty. Along with their efforts, the Institute has strong support and patronage of industry. The faculty members regularly contribute to management research’s growing field through their case studies and articles in reputed journals and management publications. Additionally, the Institute emphasizes assigning a faculty mentor to every student of the Institute, who guides their academic and career aspirations.
Brand Name
Nirma Institute of Management, established as one of the leading B-schools in the country, is a brand name in itself. Upon a survey by various leading business magazines, like Business World, The Pioneer, Business Standard, etc. Nirma is one among the top twenty B-schools in India. Students can piggyback their way to top companies because of the same.
Infrastructure
Along with classroom teaching, the infrastructure facilitated by the university makes a huge difference in the student’s overall growth & development. The Institute offers centrally air-conditioned, Wi-Fi enabled building, has flat classrooms, several amphitheaters, a 450-seats auditorium, a communication lab, a computer center, a fully automated library, an art gallery, and faculty and administrative blocks, conference rooms, and other facilities. The campus has modern sports facilities, too.
Effective and Interactive Learning
The institute has classrooms furnished with audio-visual equipment and multimedia to facilitate effective learning. The design of the classrooms is such that promotes maximum interaction between the students and faculty. Moreover, each classroom has Internet connectivity through a wireless local area network.
Computation Facilities
Computing facilities include a well-equipped lab to promote experiential learning. The Institute has a state-of-the-art gigabit network with a networked laptop computer at every student and faculty member’s disposal. High-speed servers, a 256 Mbps dedicated optic fiber leased line & Wi-Fi hotspots enable24x7 Internet connectivity. Moreover, the Institute has also acquired the latest software, namely Oracle v8 and SPSS v23.
Such facilities encourage the students to absorb the program’s real essence through hands-on experience, which will come handy in real life.
Application Based Learning
Simulations
IMNU has a tie-up with Harvard Business Publishing (HBP) which enables highly application-oriented learning.
Live Projects
Live projects provide the students with the opportunity to get industry Exposure, opportunity to implement their learning of the classes, and groom themselves for their summers as well as final placements.
Business English Certification (BEC)
The BEC certification, offered by Cambridge University through its partners, is a globally recognized program. It has 3 CEFR levels, C1 (Advanced), B2 (Vantage), and B1 (Entry). The workshop aimed at honing the students’ business communication skills and prepare them to face the corporate world.
Workshops
The Institute conducts regular workshops on MS Excel, SPSS, R, Lean Six Sigma, Financial Accelerator Program, and other tools to acquaint students with financial and statistical functions. The Institute offers various workshops on Personality Development such as Effective Presentations and Interview Skills, Psychometric Test, Business Etiquettes, Creativity and Innovation, Brain Mapping, Skills of Highly Effective People, etc. These workshops are in addition to the workshops related to specific areas of management, such as Analysing Financial Statements, Logistics Management, and Selling Skills.
Outbound Training
Nirma Institute of Management has been focusing on Outbound Training for enhancing managerial performance through experiential learning. This training generally revolves around activities designed to improve leadership, communication skills, planning, change management, delegation, teamwork, and motivation. The training involves dividing participants into teams and assigned tasks or activities for completion at a specified time.
Equal Opportunity Cell
Formed under Nirma University, EOC makes the education system inclusive and responsive to disadvantaged social groups’ needs and constraints.
Corporate Interaction and Industry Exposure
The Institute has functional Corporate Relationship Cell (CRC), which facilitates the entire process of placement. The students and faculty members are actively involved in the placement process. The students themselves constitute a Placement Committee (PlaceCom), coordinating the placement process from pre-placement interaction to postplacement follow-up with the corporate.
Corporate Stake Holders
For the students, their employability is one of the most important criteria while selecting a B-School. IMNU allows its students to interact with prospective employers by inviting employers to the campus for guest lectures, seminars, MDPs, live projects, mentoring sessions, etc. This way, the students get first-hand information from the professionals about their expectations and requirements. Students can also showcase their talents and prepare themselves for their future careers.
Fee
Nirma Institute of management charges a fee of INR 12,98,500 for the 2-year MBA course. If compared to the IIM fees for MBA or Post Graduate Programme (PGP) ranges between Rs 9 Lakhs to Rs. Twenty-two lakhs, Nirma’s fee looks genuine.
Placements
Nirma ensures its students’ placement in top MNCs, Private & Public sector enterprises. This season campus witnessed 100% placements. This year, while the average or mean compensation package stood at INR 9.00 LPA, the median salary at IMNU rose from INR 8.5LPA earlier to INR 8.75LPA. The maximum salary(CTC) offered by Dell Technologies was INR 12.33 LPA in the ITES sector. Compared to reputable institutes like IIMs, it is significantly lower, as IIMA saw average CTC recorded at 25.83 LPA, and Highest CTC at 70 LPA. The difference is humongous.
Conclusion
In a nutshell, Nirma Institute of Management is one of the top 20 B-schools in India. Students who want to make a career in Business and Management can benefit from the MBA Business Analytics course, but this is not the course for someone who wants to excel in the data science domain. The placement opportunities are plentiful, the fee charged is apt. Moreover, you get access to labs for experiential learning. If all these interests you, you can definitely go for this course.
We hope that after going through MBA Business Analytics by Nirma University- AI Monks’ View, you’d be able to decide better if you want to pursue this course.
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