How an MBA in analytics or ms in business analytics can help a business school application students achieve a job outcome. See few examples below when analytics is applied in real world.
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TAKE A LOOK AT SOME OTHER EXAMPLES OF COMPANIES THAT REALIZED VALUE FROM BIG DATA AND ADVANCED ANALYTICS.
- A retailer increased sales by $160 million through loyalty program analysis based on a big data engine.
- A bank identified and addressed an attrition rate of 60% using advanced analytic tools.
- A grocery chain increased its margin by $70 million through promotional effectiveness based on advanced analytics.
- A bank identified 15 behavior clusters by using advanced analytics in transaction data. This led to new selling opportunities, such as identifying 7% of potential premium clients who were not in the correct segment.
- A bank deepened its share of wallet with young professionals by becoming relevant at key life events, such as a new baby. The company mined customer transaction information and built a predictive model to identify life-event indicators, leading to 2.5 times more effective targeting.