Ramakrishna Mission Vivekananda Educational and Research Institute (RKMVERI) at Belur Math signed a Memorandum of Understanding (MoU) with Tata Consultancy Services (TCS) to launch India’s First Masters Level degree course in Big Data Analytics designed by TCS. Swami Atmapriyananda, Vice Chancellor of RKMVERI and Ranjan Bandyopadhyay, Global Head –HR – BPO Services, TCS, signed the MoU in the presence of Prof. Bimal Roy, a renowned computer scientist, Padmashree awardee and former Director of Indian Statistical Institute, Kolkata, on 23 May 2016.
Current developments around the world along with the availability of the right technologies have made it possible for large amounts of data to be gathered and stored. Organizations have realized the need to utilize these large volumes of data to fuel effective and better decision making. To make the best use of this huge volume of data, it needs to be analyzed and comprehended to facilitate effective decision making. This enormous task is enabled through Big Data Analytics.
Global big data market is expected to reach USD 48.3 billion by 2018. The analytics market in India is expected to grow at a rate of 15% annually. This gigantic business need has generated a huge requirement of skilled talent to undertake such analytical jobs. Skilled manpower, educated and trained in the field of Big Data Analytics, will be required to meet this huge challenge. By 2018, the demand for those trained in this fast emerging area will reach 4.4 million globally, but only one-third of these jobs is likely to be filled. And this demand will keep increasing by leaps and bounds as years roll by.
TCS, the Industry leader in Information Technology, has envisaged a whole new long term initiative called Academia Interface Programme. One such initiative is the launch of a full-fledged two-year programme (four semesters) at the Masters level, called M. Sc. in Big Data Analytics at leading science Colleges/Universities and another programme called M.Tech. in Big Data Analytics in Engineering Colleges. With TCS’s rich expertise in the field of Big Data Analytics, it foresees huge employment opportunities for professionals in this area of Big Data Analytics across several organizations globally.
This Postgraduate Progamme spans four semesters. The contents will be Mathematics, Statistics, Economics and Computer Science and their applications in Big Data Analytics. The students shall learn the fundamentals of data modelling and migration, manipulation, cleansing and so on. They will lean business functions and analytics in various domains from Finance to Retail to Pharma etc. The fourth and last semester will be a full time internship in the area of Big Data Analytics at a reputed organization.