Becoming Qualified in Business Analytics
When it comes to boosting your career prospects, gaining new qualifications is a great tactic to use. It shows employers that you’re serious about your job and personal development, plus enables you to learn valuable skills. Often the trickiest part is deciding exactly which certificates to study for, with the idea being to find something that is both interesting to you and beneficial for your career. Not sure where to start? If you have strong analytical and problem-solving skills and are comfortable working with numbers and computers, business analytics could be a fantastic choice. Here’s why.
What Are Business Analytics?
Business analytics is all about data. These days an unbelievably large amount of data is generated daily, and business analytics is how companies examine and interpret the data they’ve gathered. This involves using quantitative methods, tools, and technologies to analyze performance, gain important insights, and make informed decisions about what to do in the future. Thus, it can help companies to be more efficient and productive, save money, and improve customer experience and satisfaction.
The sort of topics you might cover when studying business analytics include data mining, data modeling, data visualization, data warehousing, natural language processing, risk analysis, and machine learning. Don’t worry if this all sounds intimidating. You can always begin with an introductory level course, such as the Kelley School of Business Predictive Analytics Digital Badge, before deciding whether to progress to a graduate certificate program or even a Master’s degree in the subject.
What Are the Benefits of Studying Business Analytics?
Studying business analytics can be hugely beneficial to those who have an interest in the field. Many firms have stated that they do not have enough employees with good business analytics skills, meaning that having a qualification in this subject can boost your employability and job security. It’s also an excellent way to achieve a higher salary and better financial stability because your talents will be in high demand. Having any sort of postgraduate qualification also demonstrates that you are committed to continued learning and personal development, which is a key attribute that many employers look for when hiring.
Achieving an accredited business analytics qualification can open doors for you to work in many different industries, from finance and the media to healthcare, retail, and marketing. Likewise, you could work for a big corporation or a small firm, act as a consultant, or even start your own company. That means you have many options available to you, allowing you to carve out your ideal career. Some possible job titles to aim for include data scientist, business intelligence analyst, data architect, and technology analyst.
Finally, studying for a business analytics qualification will do more than simply boost your knowledge and skills in this specific area. You will also develop a number of useful transferable skills such as communication, creativity, research, critical thinking, organization, and time management. All of these will help you no matter what career you progress to after completing your studies.
