Today I am going to Explain about how to start a business analytics career. The major role of BA is
--> data mining
--> statistical analysis
--> predictive modelling and
--> multivariate test business analytics
Scope :
Career in all contries has emerged as the preferred role of choice in IT and itës industries. business analyst is also required to support decision making roles with real-time analysis business analysts. Also work closely with a senior management and provide support in data-driven decision-making that impacts matters related to product development to marketing according to an article.
India has at least 1.2 million business analysts and by 2020. India is pegged to have highest number of business analysts. some of the major sectors where business analysts have a promising starts are retail banking health care ecommerce, hospitality manufacturing etc.
so now how to kick start a business analytics career if you are interested in business analysts roll a background in mathematics and engineering is a must backed by a good analytical and communication skills. however there are those who believe candidates with a business background may also take a career in BA by upscaling themselves with short online courses. these candidates can get a good grip on business analytics and can start a career so now coming towards the skills required by business analytics candidate.
Essential requirement :
A business analyst should be proficient in applied statistics and have a good knowledge of statistical suits such as SAS R SPSS and should also know SQL hype and knowledge of ST BG framework and a working knowledge of business intelligence tools such as kulick table au Spotfire etc skills may vary depending on the organization's requirement however this is the basic knowledge framework required for making the cut. so coming towards the job opportunities for business analysts from leading financial institutions to consultancy such as Deloitte en Y and global retailers Walmart and online leader Amazon requires business analytics professionals top employers who oftenly recruit business analysts are Tata Consultancy Services, cognizant Accenture, Genpact, Wipro, Infosys, IBM, Deloitte, HPE etc some of the startups that provide an excellent opportunity to pursue business analytics career.
Salary :
Now I write about the most interesting part and awaited part that is the pay scale one of the most sought after jobs business analysts have a rare blend of business and analytical skills and are rewarded of good pay packages. the average salary of senior business analyst is 8.50 lacs per year and the average salary of business analyst is 6.45 lacs per year.
If you are looking for a job there are severel scop in this field.
I hope you like this information.
what guys you think about this ?
please comment below...Thank you.