Learn Guide with Expert Tips for a Thriving Career in Business Analytics

Learn Guide

Learn Guide with Expert Tips for a Thriving Career in Business Analytics

Team Careervira

11 August 2023

Add To Wishlist

Learn Guide with Expert Tips for a Thriving Career in Business Analytics

A Quest For Data-Driven Solutions: Business Analytics.

Features

ALL LEVEL

Table of Contents

1. What is Business Analytics?
2. Business Analytics Learn Guide: Introduction
8. Educational Requirements
9. What Learning Path Can You Take
10. Soft Skills
11. Technical Skills
12. Beginner Level Skill for Business Analytics
13. Intermediate Level Skill for Business Analytics
14. Advanced Level Skill for Business Analytics
18. Conclusion
21. Explore Management Category

Business Analytics Learn Guide: Introduction

Holding extreme value, especially in Silicon Valley, Business Analytics is used by top companies worldwide. Starbucks, the beloved coffee house, collected data of millions of customers through its loyalty card program, which was then used to predict the best possible offers for the customers. This, in turn, helped them drive up sales. But how did Starbucks find the right answers? How did they decide what steps to take to drive up sales? They sought help from the discipline of Business Analytics.

What is Business Analytics?

Business Analytics is the deriving meaningful information from large amounts of data using quantitative methods. It helps in making business decisions based on data insights. It is predominantly of three types:

Predictive: Using statistics to forecast future results and outcomes
Prescriptive: Determining which outcome will yield the best results through testing and using other techniques
Descriptive: Identifying trends and patterns by analyzing historical data

Educational Requirements

Business Analysts are involved in identification of areas that are improved to increase the productivity and performance of a business process. To become a Business Analyst, the following prerequisites are a must.

Bachelor’s degree

A Bachelor’s degree in Commerce, Economics, Business or Computer Science is typically required. If you already have a bachelor’s degree in any quant-intensive course, you can set f...

Master’s degree or a Ph.D.

Employers highly value a Master’s degree or a Ph.D. from renowned institutes like IIBA and BCS as they provide foundation certifications in Business Analytics.

Certifications

Certifications such as CBAP, Tableau and Data Analysis and Visualisation with Python are preferred.

What Learning Path Can You Take

We have curated a list of courses and skills required to help you grow in your career

Soft Skills

These include the innate qualities one looks for in a Business Analyst. Some of the most important ones are:

These are the soft skills that will be necessary before entering this sector.

Analytical Skills

Analytical skills help you find data-driven solutions and develop models by critically analyzing and extracting relevant information from the data. You can develop and enhance these skills by simply ...

Strong Communication Skills

Commercial Awareness

Time Management

Technical Skills

Apart from the soft skills, you will need to build a good grasp over a few of the key technical skills, which will help you in climbing your way to the top.

Beginner

Tableau

Excel

SQL

Power BI

Intermediate

Six Sigma or Kanban

Jira

Advanced

Programming

Predictive Modeling

Optimization

Choose Your level & Explore

Beginner

Intermediate

Advanced

Beginner Level Skill for Business Analytics

In addition to basic soft skills, Business Analyst at the entry level must have the necessary beginner-level technical skills. The following are the essential beginner-level skills for Cloud Computing:

How to Learn Business Analytics Beginner skills

If you are a beginner and confused about where to start, then worry not as Careervira gives the learners access to courses offered by top course providers, which can help them gain all the fundamental technical skills. Here are some of the course option for learning beginner level technical skills:

Conclusion

Business Analytics has become a crucial part of any and every organization. While learning all the relevant skills might feel overwhelming, they will help you advance alongside technology and innovation. The process to become a professional business analyst can also be made easier by going ahead with a postgraduate degree instead of the skill-by-skill approach. We at Careervira offer information on the following postgraduate courses, however, each will come with a set of prerequisites:

How to learn Business Analytics

For comprehensive learning, Business Analytics courses are available at Careervira that help learners gain all the industry-relevant skills from beginner to advanced. Learn at different pace modes in all major formats, including certifications, labs, bachelor's programs, etc. Upgrade your professional journey to showcase your expertise to potential employers.

Explore Management Category cv-icon

To know more on how to learn the skill required to be a Management expert

Course Instructors

Team Careervira

Content Analyst

Careervira.com is India’s first Integrated, Intuitive and Actionable career planning platform for professionals. We are reimagining learning, assessments, jobs and upskilling ecosystems across key...

Features

ALL LEVEL

Table of Contents