The Integrated Program In Business Analytics (IPBA) is a 10-months Programme provided only by IIM Indore in collaboration with Jigsaw Academy. It is ideal for candidates who wish to be Business Leaders and aspiring Managers and have a minimum of 1-year of working experience. The course teaches students about machine learning, data analysis and business analytics.
The fees of the IPBA course is INR 2,95,000 and candidates can earn a salary of INR 10 - 15 LPA after successful completion of the Integrated Program in Business Analytics. Some of the top recruiters are Amazon, Cognizant, Mahindra etc and some of the business profiles for IPBA graduates are Business Analyst, Data Analysts etc.
Integrated Program In Business Analytics: Highlights
| Course Duration | 10 Months |
| Type | Part Time |
| Eligibility | 50% Marks in Graduation and minimum 1 year of work experience |
| Admission Criteria | GMAT/CAT/ GRE/ Jigsaw Administered Test |
| Annual Course Fee | INR 2,95,000 |
| Average Annual Salary | INR 10-15 LPA |
About IPBA
- Integrated Program In Business Analytics (IPBA) is a Part-time program that is available Online Via Jigsaw Academy and On-Campus at IIM Indore.
- IIM Indore charges INR 2.95 lakhs plus taxes from Indian Students and INR 6000 from the foreign students for its IPBA course.
- IIM Indore’s IPBA is open to all Nationalities
- IIM Indore’s IPBA is ranked 1 among the ‘Top Part-Time PG Programs in India’ by Analytics India Magazine in 2020
Why do an Integrated Program In Business Analytics course?
The Integrated Program in Business Analytics is a specialised program for working professionals offered by the Jigsaw Academy in collaboration with IIM Indore. There are several reasons to pursue the IPBA Course. Some of them are:
- To develop a technical and practical knowledge of data science, business analytics, visualization, Big Data, and machine learning
- It is a part-time, flexible course as it is online and only lasts for 10 months.
- In the modern world Business analytics is very important. So pursuing an IPBA course will help you get a career boost and also procure a high salary job.
- The course will help you in refining and improving your skills.
- The course will also help you in building a long time career in Data analytics.
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Who should do an IPBA course?
This course is meaningful for working professionals and aspiring data analytics professionals. The following are some of the ideal students for the course:
- If you are a fresher, working professional and an aspiring data analyst, then you must seek to pursue this course for rebuilding your skills and increasing your knowledge.
- This course is helpful for candidates who do not have any knowledge about Data Science, Data Analytics etc, but want to work in the corporate world.
- Anyone who is a working professional and wants to learn more about Data, Technology and pursue a machine learning course.
- Candidates who are interested in gaining practical knowledge regarding data science and use it on their own projects.
IPBA: Admission Process
The admission to the IPBA course is based on a valid entrance exam score. Candidates must fulfil a minimum eligibility criteria to be eligible for admission to the course.
Integrated Program In Business Analytics (IPBA): Eligibility
To be eligible for admission to the IPBA Course, candidates must fulfill the following minimum eligibility criteria:
- Candidates must have scored a minimum of 50% marks in their undergraduate degree.
- Candidates must have a minimum of 1 year working experience.
- The candidate must have a valid GMAT / CAT / GRE / Jigsaw Administered Test score which is not older than 5 years since the date of application.
- Candidates from all nationalities are eligible to apply for the IPBA program
IPBA: How to Apply for the course?
To apply for the IPBA course, candidates must follow the steps mentioned below:
- If the students fulfil the minimum eligibility criteria, they must fill the application form along with the necessary documents.
- Upload your resume after filling the application form.
- Based on the application form filled, their resumes, a valid CAT/GMAT/GRE score, a selection or rejection letter will be sent to all the applicants by IIM Indore.
- All the selected candidates will then be required to pay the course fee and enroll themselves to the program.
IPBA: Entrance Exams
To take admission to the IPBA course, candidates must qualify one of the following entrance exams not earlier than 5 years from the date of application.
| Exam | Dates |
|---|---|
| CAT | Check CAT Dates |
| GMAT | Check GMAT Dates |
| GRE | Check GRE Dates |
IPBA: Course Comparison
The following table compares the IPBA Course with IIM Ahmedabad's popular ePGD in Advanced Business Analytics program.
| Parameters | Integrated Program In Business Analytics (IPBA) | ePGD in Advanced Business Analytics |
|---|---|---|
| College | IIM Indore in collaboration with Jigsaw Academy | IIM Ahmedabad |
| NIRF ranking | 7 | 1 |
| Placement salary | 22 lakhs | 24 lakhs |
| Ownership type | Collaborated | Public |
| Total intake for course | 30 seats | 60 seats |
| Mode | Part Time | Part time |
| Duration | 10 months | 1 year |
| Eligibility | Bachelor’s Degree or its equivalent in any discipline with 50% marks from a recognized board along with A valid GMAT/CAT/GRE/Jigsaw Administered Test Score ( Score should be <5 years on the date of Application Submission) Minimum 1 year of Working Experience | A minimum of two years of work experience (ideally in the field of business analytics) is required; however, individuals with extraordinary academic credentials may be exempt from this requirement. Bachelor's degree holders with good quantitative and analytical problem-solving abilities; and A legitimate exam score (GMAT/GRE/CAT/GATE or the ePGD-ABA qualifying-cum-aptitude test). |
IPBA: Syllabus
This Future Leaders program's curriculum includes both technical and business elements of Analytics & Data Science application. It begins with a solid foundation of important tools and techniques, including descriptive and inferential statistics, SQL data extraction and manipulation, Python and R data manipulation and processing, and Tableau data visualisation.
- Data Handling and Extraction with SQL and Python
- Data Visualization with Tableau and Python
- Statistical Data Analysis with R and Python
- Feature Engineering with R
- Predictive Statistical Modeling Algorithms
- Machine Learning with Python
- GLM – Predictive Statistical Modelling in R
- Generating Business Values and Effective Storytelling with Tableau
- Big Data and Machine Learning with Spark
IPBA: Subject List
The following are the module wise subjects that are taught to the students of the IPBA course in the 10 months of their course duration.
| Module | Topic |
|---|---|
| 1 | Introduction to Analytics and CRISP DM Data Collection and Biases Summary Statistics |
| 2 | Data Manipulation Data Preprocessing |
| 3 | Probability Distributions and Sampling Theory Hypothesis Tests – AB tests Hypothesis Tests – Chi Square, ANOVA Confidence Intervals |
| 4 | (MySQL) Server as Data Sources Data Normalization and Consequence Basic SQL DML Queries SQL Joins |
| 5 | Data Exploration – Sanity Checks Preparing Data Quality Reports Data Preparation -Outliers and Missing Value Treatments Variable Profiling Using Information Value |
| 6 | Linear Regression – BLUE Estimators and Interpreting Model Results Linear Regression – Checking Model Assumptions and Improving Models Logistic Regression – Logistic Cost Function and Interpreting Model Results Logistic Regression – Measuring Classification Performance – AUC, ROC, Confusion Matrix Time Series Forecasting |
| 7 | Basic Data Structures Data Manipulation Pandas Seaborn and MatPlotLib |
| 8 | Tree Models – Regression Trees and Classification Trees Feature Importance Purity Measures – GINI Purity Measures – Entropy MSE Building and Pruning Trees Ensemble Methods – Bagged Ensembles Ensemble Methods – Random Forests Ensemble Methods – Gradient Boosting – Xgboost Clustering – K Means and Hierarchical Models |
| 9 | Handling text data Handling image data NLP SVM for Text Mining Naive Bayes for Text Mining |
| 10 | Introduction to Big Data Ecosystem Hadoop and HDFS Querying with Hive Data Engineering Case Study Introduction to Spark Spark Streaming PySPark ML with Spark Case Studies |
| 11 | Basics of Data Visualization Models to Value Pitfalls of Predictive Models in Business Storytelling with Data |
| 12 | Project:- Using Github and Kaggle to Build an Analytics Profile Bring Your Own Project (BYOP) |
IPBA: Jobs Prospects
Integrated programs in Business Analytics at IIM have good placements with good packages in top companies of the country.
IPBA Placement Trend
IIM Indore in Collaboration with Jigsaw Academy opens an exciting career for its students. More than 2500 Companies visit the campus to hire IPBA Graduates
The highest Salary earned by a jigsaw alumni with less than 3 years of experience is 15.3 Lakhs. IPBA Certification holder Salaries have a 32% hike than those without it.
| Company | Position | Package |
|---|---|---|
| Cognizant | Business Analyst | 16-18 LPA |
| Mindtree | Business Analyst | 15-17 LPA |
| Comviva | Analyst | 18-20 LPA |
| Microland | Product, tech Consulting | 20-21 LPA |
| Tech Mahindra | IT Strategy | 17-18 LPA |
| TCS | Business Analyst | 14-18 LPA |
| CapGemini | IT Consulting | 15-16 LPA |
| Business Analyst | 24-25 LPA | |
| GE | Business Analyst | 19-20 LPA |
| AppDynamics | Business Analyst | 18-20 LPA |
| MAQ Software | Business Analyst | 17-20 LPA |
| Wipro | IT Consulting | 16-17 LPA |
| ABG | Leadership Associate | 24-25 LPA |
| CapGemini Elite | Analyst | 19-20 LPA |
| Tech Mahindra | Analyst | 17-18 LPA |
| ACT Fibernet | Management Trainee | 18-20 LPA |
IPBA Top recruiters
| amazon | American express | Anand bazar patrika |
| cavinkare | cipla | cognizant |
| dell | deloitte | Edelweiss securities |
| Godrej | HCL | |
| HDFC bank | Flipkart | Hindustan unilever |
| IDBI bank | Infosys | Jindal steel |
| Johnson johnson | JP Morgan chase | Kotak mahindra bank |
| KPMG | LnT | Mphasis |
| nestle | Network 18 | panasonic |
| pidilite | Ramco Bosch | ranbaxy |
| Tech Mahindra | SBI | TCS |
IPBA: Job Profiles
Some of the top job profiles and salaries of IPBA Graduates are given below:
| Job title | Average annual salary |
|---|---|
| Business management analyst | INR 25,98,000 |
| Business performance analyst | INR 20, 60,678 |
| Business analyst | INR 25, 64,981 |
| Junior IT business analyst | INR 19,65,330 |
| Application business analyst | INR 32,66,882 |
| Business intelligence analyst | INR 29,66,791 |
| ITSM business analyst | INR 28,66,891 |
| Technical business analyst | INR 30,71,489 |
| Agile business analyst | INR 31,74,000 |
| IT business analyst | INR 29,74,000 |
| Business solutions analyst | INR 32,75,243 |
| Systems business analyst | INR 29,78,095 |
| Senior IT business analyst | INR 30,90,201 |
| Job Profile | Job Role |
|---|---|
| Data Analyst | A data analyst collects and stores information on market research, deal figures, coordinations, and other processes. They gain specific abilities to ensure the worth and exactness of those records, after which they cycle, plan, and incorporate it in ways that enable people, firms, and organisations to make superior decisions. |
| Business Analyst | The business analyst is primarily responsible for breaking down and planning viable approaches to solve company problems with its assistance. |
| Machine Learning Engineer | Data scientists create models for machine learning developers to use. They are also in charge of enticing hypothetical data science models and assisting in scaling them out to production level models that can handle terabytes of continuous data. |
| Supply Chain Analyst | One of the primary objectives of a supply chain analyst is to enhance an operation's performance. They accomplish this by determining the needs for a certain project and coordinating it with the other personnel. Because engineers and quality assurance specialists are required to test their new supply chain processes, a supply chain analyst communicates the facts to them. |
| Big Data Analyst | A Big Data Analyst's job is to research the industry by identifying, collecting, analysing, and communicating data that will assist guide future business choices. A Big Data Analyst is someone who works with undiscovered data, patterns, hidden trends, and other things. |
| Predictive Modeller | Predictive models are programmes that generate predictions depending on data provided to them. A predictive modeller is responsible for developing these models. They must also be well-versed in statistics, analysis, and technology. |
What after IPBA?
With an IPBA, you have access to a wide choice of attractive entry-level and leadership opportunities. These positions are discussed in further depth below.
- Marketing Manager
- Financial Analyst
- Personal Financial Advisor
- Operations Analyst
- Supply Chain Analyst
- Business Analytics Specialist
- Management Consultant
Business Analytics positions in Hyderabad, Mumbai, Bangalore, Chennai, and Delhi are in high demand and well-paying in every firm. Business Analysts are now employed not just by manufacturing firms, but also by industries such as information technology, the stock market, banks, and other financial organisations. Business Analytics is becoming more popular in India and throughout the world. However, after successfully completing the course, one may choose to pursue a higher degree. In such a situation, M.Phil. or Ph.D. management courses are common options. A higher degree in the same field will not only make an individual more professional, but it will also aid in gaining a thorough comprehension of the topic. Organizations are increasingly relying on data-driven analysis. The function of business analytics is integrated with data analytics, which will play an essential function in an organization's data security systems.
IPBA: FAQs
Ques. I have about 10+ Years of working experience. Can I pursue IPBA from IIM Indore?
Ans. Yes, 10+ years of working experience is considered Great and IPBA enhances your Career prospects. Currently, About 30% of candidates with working experience above 10 years pursued IPBA.
Ques. Which Industry Hires Maximum of IPBA Graduates?
Ans. IT & Telecom Industry is the major industry hiring IPBA candidates(45%), second being Research, Consulting & Business Services(12.7%) and Infrastructure & Real Estates hires least IPBA candidates (2.7%)
Ques. I have completed M.Tech. Am I eligible for IPBA by IIM Indore?
Ans. Yes, the candidate with a bachelor’s in any discipline is eligible. Currently about 23% of candidates belonging to B.E/B.TECH/M.TECH pursued IPBA.
Ques. Is IPBA categorised as a Business Analytics program or a Data Analytics program?
Ans. Both mean the same. It means using Data Analytics for business purposes.
Data analytics is the process to study a huge amount of data in order to draw meaningful conclusions about the information they contain, increasingly with the aid of specialized tools and systems. The application of analytics is wide.
Ques. Are sponsorships allowed at IIM Indore for the IPBA programme?
Ans. Yes, several types of sponsored students are accepted by the institute. Corporate contributions are welcome and welcomed. In truth, the institution occasionally assists students with the process.
Ques. Are the software subscriptions included in the fees?
Ans. Yes, all students receive a 6-month licence to Tableau Desktop.
Ques. How much time does students need to give even after daily lectures?
Ans. To successfully finish the programme and develop excellent knowledge, all students are required to commit 3-4 hours per week in self-learning in addition to attending weekend live classes.
Ques. What are the criteria for evaluation of a project?
Ans. The following measures will be used to assess each project:
- Data examination
- Visualization of data
- created insight
- Displaying
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