Written by Advitya Singh, a second-year BBA (Business Analytics) undergraduate at Symbiosis International University, Noida
Studying Business Analytics is pretty cool; here’s how you can go about it
First things first, business analytics is the application of
- Data Information
- Information Technology
- Statistical Methods
- Obtaining a better understanding of corporate operations and make more fact-based decisions
Data analytics is a broader term for the modern analytics process. Business analytics suggests a narrower focus
Tools used in business analytics
Many individual components of business data analytics work together to offer insights. At the same time, business analytics solutions handle the processing of data and the creation of insights through reports and visualization, which lead to a fruitful interpretation of the data. To help with this, we have Business, Analysis and collaborative tools.
You don’t have to be proficient in all of these from your school days, as these are taught in college right from the basics.
What does a business analyst do?
Business analysts play a vital function in bridging the gap between IT and business. They assist firms in improving their processes, products, and services. The modern corporate environment is relentless, complicated, and the business analyst’s responsibility is to sustain needs through ongoing change by utilizing innovation.
A business analyst needs both hard skills and soft skills. Unlike purely technical skills, the skills required are acquired through training and experience combined with understanding situations.
To list a few:
- Competent Verbal Communication
- Good Listening Skills
- Knowing the Objectives Well
- Documenting and Writing Reports
- Basic programming skills
- Creative thinking
The path to becoming a business analyst
It all begins with 11th and 12th. At the same time, your stream is not as important initially as your undergraduate degree, but it makes some difference initially as to how easy it will be and how well-versed you will be with your subjects. With that in mind, commerce is usually the best combination to go with. It introduces you to the finance subjects and gives you the platform to understand technical terms, concepts, and applications. Besides this, you can also do courses to learn various software required across the industry like Excel, Tableau, etc.
The next step is selecting an Undergrad/Bachelor’s degree. Bachelor’s is the gateway for entry-level careers in analytical professions. A bachelor’s degree in a quantitative discipline such as economics, finance, computer science, data science, statistics, information management, or a related field will help you arm with the correct institutional knowledge to make business analysis a career for you.
You could also pursue a Master of Business Administration (MBA) degree; numerous institutions offer specialities in business analytics. Obtaining a master’s degree in business analytics or business administration could help you enhance your abilities and knowledge while also providing you with a competitive advantage in the job hunt arena.
Colleges that offer undergrad in Business Analytics
- 1. Symbiosis International University
- 2. Christ University
- 3. Delhi University
- 4. NMIMS
- 5. Jindal Global School
- 6. Amity Business School
My journey in this field
It all started back in 12th when I was filling out forms for various entrances, interviews and exams. I stumbled upon business analytics as a career option; still unsure, I filled up forms for the colleges offering Business analytics as the major or specialization within the degree. Knowing little, I started researching, and this career resonated with me. I mean, to put it simply, my work life would be computers, excellent software and next-gen technology.
Keeping all of this in mind, I cleared the entrance for Symbiosis and am currently majoring in Business Analytics myself.
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