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Organizations employ Business analytics so they can make data-driven decisions. Business analytics gives business an excellent overview and insight on how companies can become more efficient, and these insights will enable such business optimize and automate their processes.

Types of Business Analytics

Descriptive Analytics — analyzing data to learn more about the past

Diagnostic Analytics — analyzing data to understand why something happened in a particular manner

Predictive Analytics — Making use of insights from descriptive and diagnostic analytics to understand what is likely to happen in the future

Prescriptive Analytics — analyzing data to understand what should be done to obtain favorable results in the future

Cognitive Analytics — create analytics with human-like intelligence so that technologies can reveal context and find hidden answers

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The finance job roles are constantly evolving and changing. Therefore, the professionals of this field have high chances of career development in a short period as they can always keep shifting to new roles based on their strengths and interests.

While finance requires some mathematics training and some knowledge and skills in accounting and economics, it’s not necessarily more difficult than any other field of study, particularly for people with an aptitude for math

Finance can be a fiercely competitive field. After all, it’s a famously high-paying industry known to deal out six or seven figures in salaries and bonuses for those at the top. Even those on the bottom rung can expect to start at a good wage compared with other fields.

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A price floor is the lowest price that one can legally pay for some good or service. Perhaps the best-known example of a price floor is the minimum wage, which is based on the view that someone working full time should be able to afford a basic standard of living.

Many agricultural goods have price floors imposed by the government. The most important example of a price floor is the minimum wage. A price ceiling is a maximum price that can be charged for a product or service.

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Cash reserve ratio

Cash reserve ratio (CRR) is the percentage of a bank's total deposits that it needs to maintain as liquid cash. This is an RBI requirement, and the cash reserve is kept with the RBI. A bank does not earn interest on this liquid cash maintained with the RBI and neither can it use this for investing and lending purposes.

it ensures the security of the amount in case of any emergencies. The cash is readily available when customers want their deposits back. At the time of high inflation, the government needs to ensure that excess money is not available in the economy. CRR helps in keeping inflation under control. If there is a threat of high inflation in the economy, RBI increases the CRR, so that banks need to keep more money in reserves, effectively reducing the amount of money that is available with the banks. This curbs excess flow of money in the economy.

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One can share their experiences with other’s virtually to clear any of their doubts/ ask suggestions/ receive feed backs in their groups.)

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"Established in 2004, IMT Nagpur is now one of the finest management colleges in India today. We are accredited by AICTE, AIU and NBA and we have successfully been nurturing and educating budding talents in fields of Marketing, Finance, Business Analytics, Human Resources and Operations.

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One can share their experiences with other’s virtually to clear any of their doubts/ ask suggestions/ receive feed backs in their groups.)

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Affiliate marketing is an advertising model in which a company compensates third-party publishers to generate traffic or leads to the company's products and services. The third-party publishers are affiliates, and the commission fee incentivizes them to find ways to promote the company.

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Influencer marketing is the process of using external content creators, or influencers, to advocate and engage with your brand's message. As part of this, the influencers present their content to their audience, increasing brand awareness and helping to convert their audience into your customers.

The idea of influencer marketing is that the influencer builds trust with their audience through authentic presentation and engagement—which matching brands can then leverage. This way, influencers help to foster deeper customer relationships through their association with the brand.

80% of marketers say influencer marketing is effective, and 89% say it works just as well (if not better) than other marketing channels. 71% of marketers say the quality of customers and traffic from influencer marketing is better than other sources.

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Monetary policy is a set of actions that can be undertaken by a nation's central bank to control the overall money supply and achieve sustainable economic growth.

Monetary policy can be broadly classified as either expansionary or contractionary.

Some of the available tools include revising interest rates up or down, directly lending cash to banks, and changing bank reserve requirements.

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Fiscal policy is the use of government spending and taxation to influence the economy. Governments typically use fiscal policy to promote strong and sustainable growth and reduce poverty.

The usual goals of both fiscal and monetary policy are to achieve or maintain full employment, to achieve or maintain a high rate of economic growth, and to stabilize prices and wages.

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A budget deficit occurs when expenses exceed revenue, and it can indicate the financial health of a country. The government generally uses the term budget deficit when referring to spending rather than businesses or individuals. Accrued deficits form national debt.

The two main causes of a budget deficit are excessive government spending and low levels of taxation that don't cover expenditure. Tax cuts can cause declines in revenue can result in a budget deficit, or, a massive fiscal stimulus can increase government spending over and above the income it receives.

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Deficit financing means generating funds to finance the deficit which results from excess of expenditure over revenue. The gap being covered by borrowing from the public by the sale of bonds or by printing new money.

In developing economies the main objective of deficit financing is to remove the vital issue such as unemployment, poverty and income inequality.

It increases the financial strength of the government. It leads to inflation which can prove to be beneficial under certain circumstances. It can have a multiplier effect on economic development as it encourages the government to utilize unemployed and underemployed resources.

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IMT Nagpur Placement

The placement percentage increased to 98%.

Around 85 recruiters participated in the placement drive.

The highest CTC stood at INR 23.57 LPA.

The average and median CTC stood at INR 9.8 LPA and INR 8.3 LPA respectively.

The maximum percentage of students were placed in the Consulting and IT / ITES sector.

Top recruiters like Goldman Sachs, Adani Wilmar, Nielsen, eClerx made offers to the students.

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usiness analytics is the study of historical business performance and results and the application of the findings to future planning. To do so, data engineers must first collect and clean the data before converting it into the datasets and structures required for analysis. The data scientists and analysts then analyse the data using models, algorithms, and tools. With the use of data visualisation tools and methodologies, the findings of this investigation are made understandable.

Business analytics is becoming increasingly important in a variety of businesses around the world. Organizations are using business analytics to keep their product offers relevant, maximise reach, uncover new business prospects, anticipate bottlenecks, plan for adversity, and tap into new revenue sources. Organizations can also use business analytics to give optimised solutions to their customers, which improves customer experience and loyalty.

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Students who want to enhance leadership skills, get a higher-paying career, and/or build networking possibilities should consider pursuing a Master of Business Administration. MBA programmes often provide a curriculum that covers a wide range of topics related to current business management.

Many MBA candidates choose to specialise in a narrowly defined area of business administration, and human resources is quickly becoming one of the most popular options. The study of human resources is centred on the relationship between employees, employers, managers, and the workplace. Students take courses like organizational behavior and strategic management and are trained to serve as advocates for employees as well as to participate in the recruiting and interviewing process of new hires.

Students who pursue this degree can attain a variety of skills that they will take with them into the workforce. Skills in negotiation, organizational behavior and mediation are just a few that may be gleaned from this course of study.

An MBA in Human Resource Management costs vary depending on the length of the programme, the school’s location, and whether the programme is provided online or in a classroom setting. Students have a wide range of choices and should be able to pick a programme that meets their specific financial needs.

There will always be a demand for human resource specialists as long as there are employers and employees. HR consultant, human resources manager, international human resources professional, nonprofit human resources expert, employee education consultant, training and development manager, executive recruiter, and human resources IT specialist are common jobs for MBA in Human Resource Management graduates.

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IMT Nagpur was founded in 2004 and is now considered one of India’s best management schools. It has been effectively developing and training budding talents in the sectors of Marketing, Finance, Business Analytics, Human Resources, and Operations, and is accredited by AICTE, AIU, and NBA. The Institute’s mission is to give students with a value-driven and technology-driven academic environment that will enable them to realise their aspirations and visions. In their approach, IMT Nagpur places a high importance on honesty and long-term sustainability. As a result, it is the Institute’s aim to enrich their students in order for them to excel. IMT Nagpur aspires to be acknowledged as a vital contributor in India’s innovative management education through a variety of programmes and professional faculty.

HIGHLIGHTS

Established in 2004

Ranked among India’s premier B-Schools

Offers multi-faceted academic program & curriculum

38+ International university collaborations

Strong network of over 4,000+ alumni spread across the globe

Strong placement records with complete placement assistance

Corporate engagement with more than 100 senior corporate experts

Accreditations IMT Nagpur has National Accreditations: AICTE , NBA & AIU

Placements IMT Nagpur Highest CTC INR 23.57 LPA ( Batch 2020–22) I Average CTC INR 10.16 LPA

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Working from home can help firms increase productivity, reduce turnover, and cut costs, while employees benefit from the flexibility and lack of a commute.  To work efficiently from home, make sure you have the necessary technology, a distinct workplace, adequate internet connectivity, a manageable schedule that you can keep to, and opportunities to connect with others.

It’s critical to make sure that your setup suits your needs, whether you’re working remotely a few days a week or full time, either by choice or due to a health condition or a weather disaster.

A good remote work experience requires a defined workspace with the necessary technology, such as videoconferencing, child care arrangements, pet care, and a schedule that allows for the social contact and stimulation that normally comes with being present in a workplace with others.

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(TRULYEX is a place where:

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Masters in Business Administration (MBA) and Post Graduate Diploma in Management (PGDM) or Post Graduate Programme in Management (PGPM) are both master’s level management programmes. Both courses are commercially focused, and there isn’t much of a distinction between the PGDM and MBA programmes. “Both the MBA and the PGDM are business-oriented programmes. The major goal of these courses is to prepare people who desire to advance in their careers or work in management.

Students must be cautious when applying for PGP or PGDM courses because they are given by autonomous organisations. Many smaller colleges and institutes make claims without having the necessary accreditation. Because MBA degrees are awarded by universities, there is a decreased risk of fraudulent claims. Genuine accreditations should be sought by management hopefuls. Management schools are accredited by NAAC, AACSB, AMBA, and Equis, in addition to the UGC.

Most MBA degrees have lower tuition prices than PGP or PGDM courses, according to research. This could be because MBA degrees are usually offered by government-approved universities. The government provides financial help and subsidies to certain colleges, lowering the cost of a degree for students. In the case of a PGP or PGDM degree, students are responsible for the entire expense of the programme. This is not, however, a hard and fast rule. There are MBA programmes with hefty tuition costs.