A career in data analytics – Learn about online courses and certification

March 11, 2022

A data Analyst is one who digs up the data from different sources, analyzes them with techniques and algorithms to predict upcoming circumstances and prepares a counter plan to resolve them in the best optimum way. To work with exact information in order to extract the best business decision. They work in almost every industry like healthcare, marketing, sales, retail, etc. Their visions are strong enough to observe the insights and skills are presentable to explain others in the form of charts or graphs.

Careers on Data Analysis

There is a wide range of career scope available in the field of data analysis, salaries are also offered high as compared to other sectors of development. It offers a wide range of opportunities in the corporate and industrial sectors. The expected growth of this field by an organization is 22%. Technology companies are unique as it deals with scientific data and products. The change in technologies is frequent, one needs to be updated every time and prepare themselves to cope with the new trend and technology. Technological data analysts are the first ones to be approached by any company to get the details of forthcoming circumstances and every other department may need a separate analyst to make a decision with good strategies. Graduating or completing a course on data analysis program, one can easily start their career as a basic entry-level data analyst.

Job profile of a Data Analytics

Business Analyst: analyses business-related data of specific criteria.
Management Reporting: prepares data and reports related to business functions with different approaches.
Corporate Strategy Analyst: is one who is responsible for advising strategic management direction related to acquisitions and business mergers.
Compensation and benefits analyst: comes under HR department; responsible for analyzing company and its employer's budget benefits and compensations.
Budget Analyst: specifically focuses on budget-related strategies for the company's benefit, analyzing the pros and cons of each budget sanctioned.
Actuary: analyzes the forthcoming/existing accidents or sickness, disability, retirement rates to create liability planning for insurance companies. so that if in future fatalities occurs-company won't get affected and claim for the compensation related to issues.
Sales Analyst plays an important role in analyzing sales data, current market rate, and demand to improve the overall sales process for the development of the company.
Web analyst: analyzes the specific web page, site, and dashboard to understand the present trend.
Fraud analyst: to save fraud-related occurrences, pre-assume the situation and come up with a proof plan.
Credit analyst: credit reporting, lending risk are the main focus areas to be analyzed by a credit analyst.
Business product analyst: focus on features, durability, demand of a particular product before the official launch in the market. so that necessary optimization can be done to prevent upcoming losses.
Social media data analyst: focus on details of the trends going on -in the industry and prepare strategies for the technologies and offer best for the company.
Machine learning analyst: is one who observes developing technology that includes programming and software, different algorithms, etc. To prepare specific data and present a report.

Roles and skills of a Data Analytics

should have a dynamic skill set to come with strategic planning.
should be confident enough to perform multiple tasks at the same time.
should be able to coordinate well with other departments.
Should be organised with respect to data and strategic planning.
Should have strong presentation skills.
Should have communication skills to present their perspective to lead others.

Some courses available on Data Analytics: there are several courses available from certification course of duration 6-12 months, diploma course, post-diploma course and graduation courses, some other courses related to same are MBA (financial Analytics), etc.

Indian School Of Business

ISB offers AMPBA (Advanced management program in business analytics) courses in both online and classroom format. It is designed for business professionals and provides skills in business analytics and data science. It is one of the career-enriching programs available to the students who are desirable to start their career in data analysis. Beyond theoretical knowledge, it has designed its academic brochure in such a way that includes machine learning, practical data training, data management, programming, and artificial intelligence.

Eligibility

Aspirants must have a bachelor’s degree/master’s degree in engineering, technology, statistics, mathematics, science, or equivalent.
Aspirants must have at least 2 years of work experience.

UpGrad

Executive PG program in Data science

UpGrad has been associated with the International Institute of Information Technology Bangalore.

Format of course-online.
Duration of course- 12 months or 1 year.
Batch start date- 31 march 2022.
Eligibility- bachelor’s degree with at least 50% is mandatory.
Fee- 2,99,000 (EMI is also available in Rs. 7,992 per month)

Coursera

IBM Data Analyst Professional Certificate

Enrollment began from-9 march 2022.
Format of the course- online.
Duration of course- 11 months (3 hours/week is suggested).
Flexible schedule-yes.
Eligibility- no prior degree or experience is required before enrolling in this course. Basic computer literacy and mathematics are sufficient.
Language - English with subtitles available in Arabic, French, Portuguese, Dutch, German, Russian, Spanish, Korean, Persian, Turkish, etc.

Institutes offering courses on Data Analysis