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Learning business analytics; an in-demand role.
The world of business analytics is booming, and the talent crunch has never been greater. That's because there are more and more tools that businesses need to understand their data, and it's never been easier to collect data from consumers. This means that there's a huge demand for people who can analyze that data to help drive business decisions.
Unfortunately, there is a shortage of people in the field, and this shortage is expected to continue into the next few years. That means that it's a great time to get into the field, but you'll still need a competitive edge. Here are some skills you'll need to have if you want a lucrative career in business analytics:
Math Skills: You don't need to be an expert in linear algebra or statistics, but you will need to know how to calculate mean and median values, as well as how to manipulate data sets with functions like SUM() and COUNT().
Programming Skills: If you want to work in this field, having programming skills isn't optional—it's imperative. There are some companies that focus more on statistical programming languages (like R), while others favor SQL or Python. It's important for you to know at least one of these languages so that you can work with large datasets.
When you start out in a new field, it can be hard to find the right resources—and even harder to know what questions to ask. When you're just starting out in business analytics, it's not enough to just find the right information: you need to figure out how it applies to your work.
That's why we've put together this simple guide.
How to get started!
A career in business analytics is a great way to diversify your skillset, learn about the relationship between data and business processes, and develop valuable analytical tools that can be used across all kinds of industries.
But before you dive into the field, you might be wondering what sort of skills you'll need to be successful. We've put together 5 tips for starting out in business analytics to help get you started on the right foot.
1. Get comfortable with data
The first step to success as a business analyst is to make sure you're comfortable with data. The field is all about knowing how to work with it in different ways—so whether it's collecting data, analyzing it, or presenting it to others, it's important to be able to handle the entire process confidently.
2. Learn the basics of Excel
You should also learn how to use Excel. There are tons of tutorials online that can help you understand how this program works, but our favorite way is just experimenting with different functions and formulas until they become second nature!
3. Understand SQL, Python or R
Get familiar with SQL and Python. These are two languages that are commonly used in business analytics but don’t worry if they seem overwhelming at first—there are plenty of
Have you been wondering what it takes to start a career in business analytics? Are you ready to take your first steps, but not sure where to start?
If so, you're in the right place! We've created this simple and straightforward guide for diving in and becoming a business analytics master in no time.
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