Provideing a fillip to the sporadic attempts at industry-academia collaborations, Tata Consultancy Services (TCS) and Chennai's Loyola Institute of Business Administration today said they are jointly designing a first-of-its-kind management programme with a specialisation focused on Business Analytics.
This course will be offered by Loyola Institute from the academic year 2017-18.
The partnership will mark a milestone in the industry-academia collaboration to fulfil the growing demand for business analytics in India.
Considering the increasing demand for business analytics, TCS and Loyola Institute collaborated to design a management course that specialises in this segment to bridge the existing skill gap in industry. This will be offered under full time and part time MBA (PGDM) in business administration.
Fr P Christie SJ, director, Loyola Institute of Business Administration, said, ''It is a momentous event for LIBA to sign a MoU with TCS, the largest IT Company in India, as an Industry Partner to offer programs in the area of Business Analytics. With its expertise, TCS will be able to add value to the students of LIBA. LIBA is the first B-School in India which is forging ahead in signing an agreement with TCS to offer Business Analytics as a specialization for the full-time PGDM students''.
Commenting on the launch of the course, Ranjan Bandyopadhyay, vice president, HR, TCS, said, ''Analytics is emerging as a key growth area spanning industries. The need of the hour is talent that can work on delivering carefully crafted analytics solutions insights and recommendations to businesses.
"TCS-designed courses bring in contemporary application oriented inputs to the class room thorough its academic collaboration. We are delighted to partner with LIBA in the field of analytics."
One of the key highlights of the course is the 'Train the Trainer Program (TTT) Program', in which TCS specialists will train the faculty with the Industry knowledge. TCS designed courses will also comprise of I year Executive diploma in Business Analytics, to train experienced professionals through part time/weekend programs offered at the Institute.