Business Analytics

Edumilestones; Hyderabad; On-site; INR 450,000 - 550,000; Full time

Job summary

A leading education consultancy in Hyderabad is seeking a Business Data Analyst to leverage data for strategic decision-making. The ideal candidate will possess strong analytical problem-solving skills, with proficiency in R, SAS, and SQL. Expected tasks include analyzing industry trends, developing software applications, and ensuring data accuracy. With a high demand for analytics, the role offers competitive salary levels for freshers, exceeding 5 Lacs annually.

Qualifications

• Strong analytical skills with a foundation in statistical methods.
• Proficient with data analysis software including R, SAS, and SQL.
• Familiarity with business strategies and market analysis.

Responsibilities

• Analyze industry trends to inform business strategies.
• Adapt statistical methods for problem-solving.
• Develop software applications for data analysis.

Skills

Analytic problem solving

Understanding of statistical methods

Data Analysis

Problem Solving

R

SAS

SQL

Excel

Education

BBA or B.Tech followed by MBA in Business Analytics

Job description

Is career in Business Data Analytics good choice for me?

Do you like working with data and numbers? Do you like businesses? Do you want to solve business problems by doing data analysis? If yes, you should explore the career path of business analytics.

Business Analytics is a combination of data analytics and business intelligence. It is a process that enables the business analyst to make data-driven decisions to improve business performance. Business analytics helps a company make better decisions by a clear understanding of reality.

Organizations use business data analytics to:

• Reduce costs
• Gauge the effectiveness of a marketing campaign
• Launch a new product or service etc

Example: Based on historical data of hotel bookings, the company wants to predict how many hotel bookings they can make in the next month?

“Companies that use analytics are five times more likely to make faster decisions.” (BetterBuys.com)

What are the roles and responsibilities for Business Data Analyst?

• Business analytics helps organizations harness and use data to plan business strategies, improve operational efficiency, identify new opportunities and generate higher profits.
• Identify and analyze industry or geographic trends with business strategy implications.
• Analyze technology trends to identify markets for future product development or to improve sales of existing products.
• Adapt statistical methods to solve business problems.
• Develop software applications or programming to use for statistical modelling and visual analysis.
• Develop and test experimental designs, sampling techniques, and analytical methods.
• Prepare data for processing by organizing information, checking for inaccuracies, and adjusting and weighting the raw data.
• Business analysts process large amounts of data for statistical modelling and visual analysis, using computers.
• Evaluate the statistical methods and procedures used to obtain data to ensure validity, applicability, efficiency, and accuracy.

What are the key skills required for Business Data Analytics?

• Analytic problem solving
• Understanding of statistical methods
• Data Analysis
• Problem Solving
• R
• SAS
• SQL
• Excel

What are the career opportunities in Business Data Analytics?

• Budget Analyst
• Business Analyst
• Data Analyst
• Data Scientist
• Management Analyst
• Marketing Research Executive
• Marketing analyst
• Operations Research Analysts
• Project Manager
• Sustainability Specialist

What is the salary and demand for Business Data Analyst?

• Demand is High for Business Data Analytics.
• Salary levels are High for Business Data Analytics. For fresher average salary is more than 5 Lacs.
• Fees levels of the course is Medium. To pursue this course student need to spend 3 to 4 Lakhs.
• Level of preparation for Business Data Analytics is Medium. Students spend 1 year to prepare for entrance test of Business Data Analytics.

Career Videos for Business Data Analytics as a career curated from Youtube

What education is required to become a Business Data Analyst?

• Student can do 12th with Maths (Preferred). Then complete BBA . Further you can Proceed with MBA business analytics.
• Student can do 12th with Maths (Preferred). Then complete B.Tech . Further you can Proceed with MBA business analytics.
• Student can do 12th any stream. Then complete BBA . Further you can Proceed with MBA Marketing Research. Further you can Proceed with SAS/R Certification.

What are the best colleges for Business Data Analytics in India?

For Graduation

• Nirma University - [NU], Ahmedabad
• Symbiosis International University - [SIU], Pune
• Guru Gobind Singh Indraprastha University - [GGSIPU], New Delhi
• Symbiosis Centre for Management Studies - [SCMS], Pune
• Shree Guru Gobind Singh Tricentenary University - [SGT], Gurgaon
• ICFAI Foundation for Higher Education - [IFHE], Hyderabad
• SP Jain School of Global Management -[SPJSGM], Mumbai
• Banasthali Vidyapith, Jaipur

For Post Graduation

• Indian Institute of Management - [IIMB], Bangalore
• Indian Institute of Management - [IIMC], Kolkata
• Indian Institute of Management - [IIM], Lucknow
• University of Delhi, Faculty of Management Studies - [FMS], New Delhi
• Indian Institute of Management - [IIMK], Kozhikode
• Management Development Institute - [MDI], Gurgaon
• Indian Institute of Foreign Trade - [IIFT], New Delhi
• SP Jain Institute of Management and Research - [SPJIMR], Mumbai
• Institute of Management Technology - [IMT], Ghaziabad