Much like business administration, business management and other types of business programs, business analytics jobs run the gamut from database administrator to data scientist and everything in between.
According to a recent study, Data Science is the fastest-growing job field in India. Companies ranging from manufacturing to retail to healthcare are all becoming technology companies, and the need for skilled data analysts has never been greater.
Fortunately, there exist new and innovative programs across the world to help with this pressing need.
Here are a few of the best high-paying business analytics jobs worth pursuing with the right kind of business analyst training:
DATA SCIENTIST/DATA ANALYST
A data scientist or data analyst collects and interprets data using qualitative analysis. From their analyses, they can predict, evaluate and share information that impacts a variety of departments and operations within the company. They often use technologies such as SQL, R, SAS and Python, so getting data analyst certification in these areas will help you tackle even the most complex data sets with ease.
Data scientists are perfectly at home analyzing large and complex data sets and leverage a wide range of machine-learning and visualization tools to help them coalesce such information into a more meaningful form. Proper business analyst training helps teach these tools using cloud-based software, hands-on teachings and online mentorship from around the world.
And the timing has never been better. Many well-known companies are starting to set up the foundations for data sciences in these emerging markets, including Walmart, PayPal, Mercedes-Benz and more. And because data science tools are always changing and evolving, you’ll need to be adaptive and pragmatic about using different tools to solve varied problems. In short, becoming a data analyst helps give both form and function to the information collected, so that the company, in turn, can make impactful decisions with measurable results.
Today’s companies make considerable investments in data, and the data engineer is the person who builds, upgrades, maintains and tests the infrastructure to ensure it can handle algorithms thought up by the aforementioned data scientists.
The good news is that the need for data engineers spans many different types of industries. As much as 46% of all data analytics and data engineering jobs originate from the banking and financial sector, but business analyst jobs can be found in e-commerce, media, retail, and entertainment industries as well.
The best business analytics courses in India make use of all of the skills needed to become a proficient data engineer, including getting hands-on training in Hive, SQL, R, Ruby, Java, C++, and Matlab. Many data engineers are also expected to have experience working with popular data APIs and ETL tools as well.
For those that have these skills, you’ll be glad to know that the job market in analytics is growing by leaps and bounds. From April 2016 to April 2017, the number of analytics jobs almost doubled, following a pattern of nearly doubling the previous two years.
And all of these jobs rely on a data science engineer to make sure the data infrastructure is solid, sound and scalable.
The database administrator oversees the use and proper functioning of enterprise databases. They also manage the backup and recovery of business-critical information. It doesn’t sound like much on the surface, but when you realize that everything about the business’ operation relies on properly functioning databases, you’ll see just how critical this job really is.
Because of the sheer demand for database administrators across all sectors learning about data backup and recovery, as well as security and disaster management, are crucial to moving up in this field.
You’ll also want to have a proficient understanding of business analyst courses like data modeling and design.
The best part is, the market for database administrators is wide open. Even if you don’t live or work in one of the major cities, you’ll be glad to know that even smaller cities are experiencing a surge in business analytics jobs thanks to many start-ups establishing their respective presences there.
The data architect is responsible for creating the blueprints that help with data management, thereby allowing the databases to be centralized, integrated and protected. The data architects provide the data engineers with the tools and platforms they need to able to carry out their tests with accuracy and precision.
Data architects typically have experience in data modeling and data warehousing, as well as extraction transformation and loan (ETL). Proficiency in technologies like Hive, Pig and Spark are often required.
If you’re looking for a job as a data architect, you’ll be glad to know that captive centers, GICs, and back offices have seen the highest analytics growth in recent years. Over half of all analytics demand is found in captive centers and even though they typically use analytics for their own internal use (and thus spread the data to their respective global businesses), they nevertheless need knowledgeable data architects to help them manage it all.
Last, but certainly not least, is the analytics manager. An analytics manager oversees all the aforementioned operations and assigns duties to the respective team leaders based on needs and qualifications. Analytics managers are typically well-versed in technologies like SAS, R, and SQL.
But beyond the technical requirements, analytics managers also need to have good interpersonal and social skills as well as good leadership qualities. They need to be creative, “outside the box” thinkers who can easily manage a team with far-reaching abilities and skills.
GETTING STARTED WITH A BUSINESS ANALYTICS JOB
You may be surprised to learn that over half of those recruiting for business analytics jobs are looking for candidates with less than five years of experience. On the flip-side, there’s also a definite surge in the need for senior analytics professionals as well – reaching a high of 20% in 2017.
No matter what your experience with business analytics, companies both large and small are scrambling to hire qualified individuals with a plethora of data literacy skills. This makes now the perfect time to take advantage of rewarding career opportunities that span these and many other types of analytics jobs.
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