Business analytics (BA) comprises of practice of iterative, methodical exploration of an organization's data, with emphasis on statistical analysis. Data Science is the science of data study using statistics, algorithms.
Facts & Figures:
Analytics industry currently accounts for almost 21% of the whole IT/ITeS industry in India.
Business Analytics Market is expected to reach $71.1 billion by 2022 growing at a CAGR of 6.9%.
The data analytics market in India is growing at a fast pace, with companies and startups offering analytics services and products catering to various industries.
The domestic analytics market stands at $3.03 billion in size and is expected to double by 2025.
How many jobs available in Business Analytics & Data Science industry?
2.7 million jobs will be vacant in the sector
Future of Business Analytics & Data Science Industry?
With the enhancement of IoT (Internet of things) and Big data analytics, it is forecasted that this combination of technology will grow exponentially by the year 2020.
More than 40 percent of Data Science tasks will become automated by 2020.
Analytics will play an important role in data security.
What is the initial salary package:
Business Analytics & Data Science professionals can get a starting package of INR 6 lacs to INR 8.5 Lacs per annum.
How to join Business Analytics Industry?
Business Analytics Industry needs skilleds professionals, as the industry is set for exponential growth, you will need a proper UGC recognized degree to get hired by the employers. Once you complete with your bachelors, for upskilling your career in the same field to get high salary packages you can opt for Post Graduate Diploma's with the same specializations.
Courses available to join Business Analytics Industry? BBA in Business Analytics & Data Science.
Eligibility: All 10+2 candidates with PCM with min 60% from a recognized board are eligible to join this course.
About the course: BBA Business Analytics & Data Science is a UGC recognized course which will prepare aspirants to solve business problems with data-driven decision-making. Aspirats will learn core management skills.
What will you become: Data Scientist | Quantitative Analyst/Modeller | Big Data Scientist | Data Business Analyst | Business Analyst Manager or Consultant | Big Data Engineer | Financial Analyst | Marketing Analytics Manager | Business Intelligence and Analytics Consultant | Analytics Associate Metrics | Analytics Specialist Database Administrator | Retail Sales Analyst | Big Data Analyst
Who will recruit you: Amazon, Google, Apple, Adobe, Accenture, Dell, E-bay, Microsoft, Flipkart, Snapdeal, Oracle, Infosys etc.