In today's dynamic business landscape, the online business analytics certificate stands out as a strategic career move. The PG certificate in business equips you with a comprehensive curriculum that covers key skills such as data analysis, visualisation, and predictive analytics. These skills are not only in high demand in the current job market but also set you apart from your peers, enhancing your career prospects and earning potential.
This online business analytics certificate helps professionals stand out from the crowd and opens doors to various career opportunities in data analytics, business intelligence, and managerial positions.
In this blog, we will learn how the online PG Certificate in business analytics will benefit professionals and help them thrive in their career trajectory.
Business analytics is a method of determining, analysing, and concluding meaningful results from data. It aims to turn basic data, information, or values into insight for making the best decisions. Business analytics is useful in businesses that record a lot of data or information pertaining to clients, customers, products, services, etc.
A mix of business analytics and business intelligence can create many capabilities for any business/ company/ industry to thrive effectively and efficiently. Business analytics and Big Data are among the main functional areas in all large ventures/ companies.
Business Analytics builds the ability to support the business decisions derived through analytic reasoning using various statistical and mathematical approaches.
PG Certificate Business Analytics Online program enables concepts of techniques and analytical tools required to engage with complex data to optimise business performance. This program is designed to help learners gain relevant skills and qualifications needed to pursue a career in business analytics. By completing this programme, learners will improve their employability skills by gaining the business expertise required to analyse data, improve decision making, improve critical thinking, and help companies gain a competitive advantage.
Let's explore the goals of the Online Business Analytics Certificate.
-> Analyse modern business analytics methods
-> Formulate business analytics issues.
-> Incorporate historical analysis, conflict analysis, trend analysis, value-based analysis, correlation, time series analysis, regression, machine learning and deep learning methods.
Here are the six reasons why opting for a PG Certificate Business Analytics Online program is worth it:
The big data analytics market is estimated to be worth US$18.9 billion in India by 2025, as it efficiently analyses and interprets data. The demand for data analysts is rapidly increasing as businesses rely on data-driven decisions to stay competitive. With industries embracing digital transformation, skilled data analysts are vital across finance, healthcare, retail, and tech sectors.
According to a survey issued by the Graduate Management Council, 52% of employers tend to hire data analysts from the fresh graduate batch, as they have innovative ideas to transform key data insights into actionable strategies, bringing fresh perspectives and adaptability to evolving business challenges.
The average salary for a senior business data analyst is INR 14,00,000 according to a Glassdoor report. Similarly, the U.S. Bureau of Labour Statistics (BLS) projects that the employment of management analysts, a common title for business analysts, will grow by 11% between 2023 and 2033, which is faster than the average for all occupations.
This will increase the salary prospects for professionals as they progress in their career journey.
According to Gartner, a business analyst's role involves analysing data, documenting processes, and identifying opportunities to improve business efficiency. They bridge business needs and IT solutions, ensuring processes are designed effectively to meet user experience requirements.
Gartner also emphasises the importance of business analysts in understanding and applying various analytics techniques, including descriptive, diagnostic, predictive, and prescriptive analytics, to drive better business decisions.
Data is not confined to any sector professionals who know how to collect, cleanse, and quantify it can apply their expertise across various industries. Whether you are interested in business statistics, operations research/management, or management information systems, the knowledge you gain through your graduate certificate program will help you add value to your job roles across many types of businesses.
The Online Business Analytics Certificate offers an overview of its three pillars within the 12-credit program. Each step must be completed precisely for the data to make sense.
-> Descriptive analytics teaches professionals to collect, store, process and visualise data.
-> Predictive analytics aims at quantifying uncertainty, estimating parameters, and building forecasting and prediction models.
-> Finally, prescriptive analytics focuses on making optimal business decisions when firms face limited resources.
The Business Analytics PGD Online program comprises four courses, three of which are necessary and one elective to tailor the certificate to your goals. Each of those 8-week courses is the same, and the elite faculty teaches it during the online certification course for business analytics.
Another benefit is that you will also learn side by side as a working professional, and you can choose to take online classes or attend on-campus learning.
Here are the advantages of pursuing a PG Certificate in Business Analytics online program, which include:
Study at your own schedule while working
Become proficient in tools and analytics methodologies
An Online Business Analytics Certificate helps professionals gain key knowledge which opens doors to jobs in analytics, consulting, and strategy
PG Certificate Business Analytics Online Program helps you earn a certificate from top universities or platforms like SCDL.
Online certification courses are more affordable than a full-time degree.
The online business analytics certification course helps you engage with peers, mentors, and industry experts to gain career perspectives in various industries.
This cross-industry relevance is why an online business analytics certificate program has become a core pillar of modern business strategy.
After completing an online business analytics certificate, you can apply your knowledge in various domains, including:
Customer segmentation, campaign optimised performance.
Risk modeling, fraud detection, portfolio management
Inventory optimisation, logistics forecasting
Attrition analysis, workforce planning
Predictive diagnostics, patient management
With the rapid growth of the workforce, HR is focused on providing opportunities for employees to upskill and reskill in response to changing demands.
Job Roles | Average Salary in INR |
---|---|
Analytics Manager | 18,00,000 |
Business Analyst | 9,00,000 |
Market Research Analyst | 8,00,000 |
Financial Analysts | 8,00,000 |
Data Business Analyst | 7,00,000 |
Predictive Modeller | 10,00,000 |
Technical Team Lead | 11,00,000 |
Data Analyst | 7,00,000 |
Please Note: The salaries mentioned above are subject to change and can vary according to educational background, work experience and geographic location.
Here are some key tips to help you pick the best business analytics PGD online program:
Before enrolling for the program, ensure that the online business analytics certificate program covers tools like case studies and real-world projects
Choose a well-known university or ed-tech platform.
Access to industry professionals is a bonus for gaining business expertise and conceptual knowledge.
Check for programs with career placement and networking events.
Read students' testimonials and past students' LinkedIn profiles to get an overall impression of the university.
The future is driven by professionals who can interpret and leverage data effectively. Obtaining an online business analytics certificate can equip you with the practical skills and fast-track your career route to gain the most lucrative and in-demand business analytics careers, leading you to a higher salary.
With learning flexibility, affordability, and real-world experience, a PG Certificate in Business Analytics Online can be an excellent choice for those who want to develop a career in the digital age.
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