Introduction
We’re living in a time where data is everywhere, and decisions need to be sharper than ever. Whether it’s deciding where to launch a new product or how to cut costs without hurting quality, companies rely heavily on data to get things right. That’s where business analytics quietly does the magic in the background. If you’re someone considering a future in this field, finding the right business analytics course in Delhi could be your first smart move.
We at the Indian School of Business and Finance (ISBF) have seen how business analytics has evolved and how it now stands at an exciting intersection with Artificial Intelligence. That’s exactly why we designed our B.Sc. (Hons) Data Science and Business Analytics program to help students navigate and lead in this new, data-driven world. The program is designed not just to teach data but to prepare students for the very real ways data shapes business today.
But there’s a question we often hear: Now that AI is here, is business analytics still relevant?
Absolutely yes! In fact, AI and Business Analytics are more connected than most people realise. In this blog post today, let’s unpack how the two complement, not compete with each other.
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Machine Learning Efficiency:
Speaking of Business Analytics and AI, we can seldom overlook the contribution of the former in machine learning, which is a subset of AI. With most techies today looking to develop powerful machine learning models, business analytics provides the preliminary expertise for collecting, cleaning, and interpreting data, ultimately used by AI.
However, apart from practical insights, a solid machine-learning foundation becomes key to understanding the how and why of things. Foreseeing the same, we at ISBF have introduced our B.Sc. (Hons) Data Science and Business Analytics program, where we offer machine learning as one of the electives, thus preparing our students for the business analytics-AI career scenario.
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Getting the Context Right:
AI works well in situations where patterns need detection or predictions need to be made. However, there is a possibility of AI zeroing down on generic outcomes because of its lack of understanding of context.
This is where business analytics can fill in the gap by offering insights on a case-to-case basis while also bringing human expertise and past data reports into the picture.
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Optimum Utilisation of Mathematical Methods:
As a part of ISBF’s B.Sc. (Hons) Data Science and Business Analytics program, we have made it a point to deliver a curriculum at par with the London School of Economics, with Mathematical Methods being offered as a subject in the first year itself with an intent of opening up global opportunities for our students.
This is primarily because mathematical methods like statistics and linear algebra help with the structuring and modelling of data — a must for feeding the AI algorithms. This is again proof of the strong correlation between business analytics and AI.
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Polishes the AI-Human Connection:
We can say with confidence that if it wasn’t for business analytics, the number of individuals who could access and interpret AI outcomes would be very limited. That is because hard-core AI outputs are heavily tech-driven, limiting non-tech users’ understanding of the same.
Here again, business analytics steps in to bridge the gap between the two, ensuring more people can engage and benefit from AI-based solutions. At ISBF, we are all for real-world skills dissemination, which is why we equip our students with similar skills and understanding so that they can flourish as data scientists and data analysts.
Summing Up:
We all remember the Aarogya Setu app, one that acted as a saviour during the pandemic times, don’t we? What do you think its functioning was based on? A spot-on combination of business analytics and AI, which joined forces to identify hotspots, keep track of infection rates, and provide health resources during turbulent times.
That said, who doesn’t want to be a part of groundbreaking initiatives like this? For everyone who wants to walk this path and be a frontrunner in the world where business analytics meets AI, ISBF has its B.Sc. (Hons) Data Science and Business Analytics program to ensure a solid foundation and entry ticket to this rapidly growing field. If you’re searching for a business analytics course in Delhi that blends academic rigour with real-world relevance, this program can be the stepping stone to your future.