Business Analysis - A Rewarding Career Option
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Transcript of Business Analysis - A Rewarding Career Option
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BUSINESS ANALYTICS A REWARDING CAREER OPTION
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Business analytics is Data-driven decision making.It is a process of –• Continuous exploration and investigation of
past performance• Detecting new patterns and relationships• Gaining insights from data which in turn fuels
business decisions
What is Business Analytics?
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What Does Business Analytics Consist Of?
The objective of BA is to show you aggregated data and charts that reveal some pattern or trend in the ongoing performance of your business that you may not have known before. Typically, this is done by comparing trends to one another to look for correlations.
What Questions Does Business Analytics Answer for you?
What factors influence the growth of your business?
Is there a trend emerging?
Which products bring you the maximum business?
What can be the reason for drop in traffic on my website?
And Many More...
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HOW DOES BUSINESS ANALYTICS BENEFIT BUSINESSES?
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Where do Employees Spend Maximum Time?
Retrieving & Manipulating DataAnalyzing Information & Decision Making
Need to reduce
Need to increase
Employees spend their 80% of the time retrieving and manipulating data from various sources
After spending maximum of their time, remaining 20% is spent on analyzing the retrieved data and making decisions
This results in a huge wastage of cost & resources
Businesses can gain more profit when the time spent in collecting data decreases and time spent in making decisions increases
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How Does Business Analytics Solve the Problem?
COMPETITIVE ADVANTAGETo be able to survive the cutting competition by drawing insights from data, helping it to stay ahead of the curve
Maximize Revenue
Minimize Operating Expense
Manage ROI
Business Analytics
supports the end goal of every
business – TO GENERATE REVENUE
GENERATING REVENUETo be able to increase output by data-driven decision making, helping minimize operating expenses and maximize revenue
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HOW DOES A CAREER IN BUSINESS ANALYTICS BENEFIT INDIVIDUALS?
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Why Build a Career in Business Analytics?
FAT SALARIESYou can get the salary of
your dream with good knowledge and
experience
LOTS TO LEARNYou can learn a lot about businesses and decision
making
SOLUTION ORIENTED
The decisions made always have a mapped solution benefitting the
business
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Source: http://profit.ndtv.com/news/careers/article-linkedin-reveals-25-hottest-skills-in-demand-717634
• Growing requirement in the field of business analytics
• Ranked in the list of the 25 hottest skills of 2014 by LinkedIn
• Skills like business intelligence, data engineering, etc. are application-oriented, practical and IN DEMAND
Why Build a Career in Business Analytics?
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Companies are Looking for You!Big Industry Giants are in a grave need of Business Analysts!
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SO, DO YOU HAVE IT IN YOU?
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Are You the Right Candidate?
Business Analytics can be the right option for you if you have the following qualities:
You love working on data and have good analytical
skills
You have basic knowledge of Mathematics
You have the drive in you to get to the top!
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How to Start a Career in Business Analytics?
Straight after College Through Experience Business Analytics Certifications
After earning a bachelor’s degree in business administration, management and other related fields, you can directly get a job as a business analyst. This will equip you with necessary skills needed for the job!
After getting good work-experience in related fields, you can switch to become a business analyst. You have the benefit of industry exposure and expertise!
After attending a good business analytics training course, you can get competitive advantage by giving globally acclaimed certification examinations. The certificate on your back will get you great jobs!
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Business Analytics Certifications at NIIT
See our offerings
We at are aware of the growing opportunity in business analytics and are offeringBusiness Analysis Certification programs that are equipping learners with the
skills they need to succeed in this emerging space.
We offer,
Post Graduate Certificate in Business analytics
The Post Graduate Certificate in Business Analytics is a comprehensive training program that has been designed on the basis of industry inputs. Developed by practitioners, it is delivered by experts. The program focuses on concepts as well as the hands-on skills development through assignments, cases and projects and helps you to succeed in a career in Analytics.
See our Offerings
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To know more about our training programs,
Visit us at http://www.niit.com/india/training/
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