Yes, the PGDBA courses offered by IIT, ISI, and IIM are definitely worth the investment. You get to have the best of the 3 Institutes:
ISI: It’s rigorous statistics
IIT: Machine learning and CS courses
IIM: Management (mainly finance)
The combination of all three will not go in vain. Apart from these other benefits you will be getting are
Guidance from the best professors in India
Study with people from diverse backgrounds
Experience the culture and academic style of 3 institutes
Such a diverse experience shall make you open to multiple perspectives. You can see your role in society and how you can mold yourself for the better to contribute the most to it.
As far as the placements are concerned, you can voice your preferences. All the 3 institutes offer the best job prospects and placement opportunities and that is something you should not worry about.
In the end, it all depends on your own hard work and determination whether you are willing to avail the opportunities that lie in front of you.
The PGDBA program offers a rare opportunity for students to get a blend of academic patterns from 3 institutes (IIT, ISI, and IIM).
Test pattern: 3 hours and 50 questions
Marking scheme: 3 marks for every question, negative marking (-1)
Syllabus:
VERBAL ABILITY: Reading & Comprehension; Grammar/correction of sentences.
LOGICAL REASONING: Logical connectives, Statements and Conclusions, Matching and sequences.
DATA INTERPRETATION AND DATA VISUALIZATION: Data driven questions (pie charts, graphs, trends).
QUANTITATIVE APTITUDE: Sets, combinatorics, Algebra (solutions of quadratic equations, inequalities, simultaneous linear equations, binomial theorem, series, AP, GP, HP, matrices), Euclidean geometry, Coordinate geometry (lines, circles, conic sections), Trigonometry (triangles, trigonometric identities, heights, and distances), Calculus (functions, limits, continuity, derivative, maxima & minima, methods of integration, evaluation of areas using integration).
The level of difficulty of these questions is that of class 12th.
Choosing PGDBA over a regular MBA program is definitely worth it. With technology becoming the foundation of every company today a regular MBA program is not sufficient. You need to be well versed in data analytics, machine learning, and artificial intelligence. This is when PGDBA comes into picture. This course offers a perfect knowledge of handling data to meet the competitive edge.
I have listed some major benefits of the PGDBA course that might assure you of its worth.
The course helps to automate things and take a more technological approach to every business decision.
This course will provide you with the brand name of 3 best institutes all together. This makes it better than the regular MBA program.
Interacting with faculties of 3 different institutes does not stagnate your thought process. The diverse opinions help you add to your ideas.
This course will enable you to open your own technology based start-up.
The only major disadvantage of this course is the lack of management skills you will develop. Although you will study management, not as much as you could have studied in a regular course. But this in itself is not a factor big enough to hinder your success.
Despite the economic slowdown, the Post Graduate Diploma in Business Analytics (PGDBA) program offered jointly by IIM Calcutta, ISI Kolkata, and IT Kharagpur witnessed a growth in the average and median remuneration of students from the previous year. The average remuneration and median remuneration grew by 12.75% and 14%, respectively, with an average salary of INR 29.71 LPA achieved and the highest offer of INR 42.50 Lacs. Additionally, 77.41% of the class received full-time job offers (PPO).
The PGDBA program is a rigorous academic program that spans three semesters, with each semester being held at one of the three premier institutes. During the coursework at ISI Kolkata, students develop expertise in statistical learning theories for analytics, while at IT Kharagpur, they apply these theories to Machine learning and Artificial intelligence. At IIM Calcutta, candidates learn how to utilize these tools in functional areas of management.