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The future growth of a career as a business analyst its role and Responsibilities

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Business Analyst plays a vital role in all organization. Business Analyst is a person who understanding business change needs by capturing, analyzing, researching and documenting requirements and supporting the communication of a specific business to improve the productivity of a business and provide the solutions to the client and to different companies. For more information about Business Analyst certification & training Institute Log on to – PowerPoint PPT presentation

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Title: The future growth of a career as a business analyst its role and Responsibilities


1
The Future Growth of a career as a Business
Analyst Its roles responsibilities
  • Presented By
  • Abhipsa Pani

2
What is Analytics?
  • The meticulous process of mutating data into
    insight for forming effective decisions and
    presenting new opportunities for a ambitious
    benefit.

3
Business Analytics
  • Business analytics (BA) is the custom of redo,
    systematic survey of an Corporation's data, with
    an prominence on statistical anatomy. 
  • Business analytics is worn by Organizations
    engaged to data-driven resolution.
  • The Business Analytics is a key coordinator
    within an enterprise, who acts as a connector
    between the clients, shareholders and the
    service-providers team.

4
Growing Need for Business Analytics
  • Now-a-days the business environ is more
    complicated than before.
  • The line of businesses are presumed to be
    heedfully responsive to the growing demands of
    clients, regulators and stakeholders.
  • The creation of Large volume of data from
    business affairs and pact.

5
Its Purpose
  • The main objective of an organization that hunt
    for analytics is
  • Revenue boom
  • Optimize expenses

6
Role of the Business Analyst
  • Typically allocated to a project after it has
    commenced.
  • BA is accountable for linking the space between
    the Business and Information Technology.
  • Research the line of work in-depth.
  • Basically focus onto the architect of productive
    business solution.
  • To review the inconsistent job definition and
    responsibilities across the industry.

7
Types of Business Analytics
  • Prescriptive Analytics
  • Predictive Analytics
  • Descriptive Analytics

8
Types of Analytics
Prescriptive Analytics Guidance on feasible
outcomes
Why do airway terms alter every hour?
How do market place grocers know to assist you
vouchers you might literally use?
Predictive Analytics Know-how the prospects
How does Netflix constantly endorse just the
upright movie?
Descriptive Analytics Intuition into the prior
Source imarticus.org
9
KNOW-HOW
  • Profound Communication Skills.
  • Knowledge of the SDLC(System Development life
    cycle).
  • Conciliation and solidarity building.
  • Impressive interpersonal and customer management
    capability.
  • Mathematics and engineering is a must background.

10
Actionable
  • Detail-oriented and Analytical skills.
  • Listens to Client (Organization).
  • Assists SMEs to describe the method as well as
    the purpose to perform job.
  • Certify the product is fabricated right according
    to the demand.
  • Fix the business complications.
  • Directs requisites change call.
  • Carry-out requirements-related job in the work
    breakdown structure.

11
Big Data Analytics?
  • Big data analytics aids business enterprises to
    exploit their data and hold it to pick out new
    chance for employment or promotion. This leads to
    percipient business headway, further productive
    operations, high-earned profits and contented
    customers.

Source Crossing Technologies 
12
Source Informatica Corporation.
13
Command for Analytics Hotshot in India
Domestic Market
Analytics Market
Job Vacancies
Source NASSCOM
14
  • There are many certification courses available on
    long-term and short-term basis in India for
    freshers and working professionals.
  • We can also skill-up by learning different
    open-source and commercial tools of business
    analytics.
  • There are many institutes that facilitates
    different certification courses for choosing a
    career in BA such as certification in R, python,
    SAS, etc.

15
Business Analytics Tools
  • Open Source Analytic tools
  • R
  • Python
  • Apache Spark
  • Apache Storm
  • PIG and HIVE
  • Commercial Analytic Tools
  • SAS
  • Tableau
  • Excel
  • QlikView
  • Splunk

16
Certificate Programmes for BA
  • CBA Programme (Certified Programme in Business
    Analytics)
  • CAP (Certified Analytics Professional)
  • EMCDSA (EMC Data Science Associate)
  • SAS predictive modeler
  • CCP-DS (Cloudera Certified Professional Data
    Science)
  • PGPBA (Post Graduation in Big Data analytics)
  • CPBAE (Certificate Program in Business Analytics
    for Executives)
  • EPBA (Executive program in Business Analytics)
  • BAI (Business Analytics and Intelligence)

17
Business Analytics Jobs in India
  • Communication Technology 1
  • Oil and Gas- 3
  • Banking- 11
  • Insurance- 7
  • Pharma- 24
  • Analytics Services- 54
  • Analytics Services and Pharma Industries head the
    group in the high-rise percentage of Business
    Analytics jobs being created in India.
  • Total number of job employment created is
    approximately 32000 in numbers.

18
Career Options in Business Analytics
NON-PREDICTIVE ANALYTICS
PREDICTIVE ANALYTICS
MACHINE LEARNING
MIS REPORTING
FIELDS IN ANALYTICS
  • Segmentation
  • Customer profiling
  • Portfolio Analysis
  • Trend Analysis
  • Forecasting
  • Data management
  • Data Exploration
  • MIS and report creation
  • Automation of reports
  • Probability models
  • Classification and regression trees
  • Time series models
  • Neural networks
  • Multi-layer Perceptron
  • Geospatial models
  • Associative rule learning
  • Inductive logic programming

KEY FEATURES
  • B.Com
  • B.E
  • B.Tech
  • B.E
  • B.Tech
  • MSc (Statistics)
  • MBAs
  • MCA
  • B.E
  • B.Tech
  • MSc (Statistics)
  • MBAs
  • MCA
  • B.Com
  • B.E
  • B.Tech
  • MBAs

TARGET AUDIENCE
Data Scientist Statistician Advanced Analytics
Team Manager Market / Global Research
Analyst Analytics Manager
MIS Analyst Data Analyst Strategy Analyst Cost
Analyst
INDICATIVE JOB ROLES
Source imarticus.org
19
Career Flight Path
  • Average Salaries-
  • Analyst(0-2years) 4-6lacs
  • Senior Analyst(2-4yrs) 6-8lacs
  • Manager(4-6yrs) 9-15lacs
  • AVP(6-10yrs) 15-20lacs
  • VP(10-15yrs) 15-20lacs
  • Director(15years) 15-20lacs

20
Salary Study
  • Average analytics pay in India for the year-end
    2016 was 11.7 Lacs  among the experienced staffs.
  • Increase in 22 i.e. highest average salary for
    analytics professionals.
  • Percent of Analytics professionals salary more
    than INR 15 Lacs has extended from 33 in 2016
    to 37 in 2017.

21
Business Analytics versus Other domain
  • The salary comparison between BA and other
    sectors such as IT, Financial Research -
  • Analytics earn 30 high salaries as compared to
    IT professionals.
  • The salary bracket for Business Analytics is
    10-25lacs, which is much higher than other
    sectors.
  • The average salary bar for Analytics is ranked
    highest among all.

22
Conclusion
  • From large scale Industries to confined analytics
    merchandising, the market for standard data
    analysts is fulfilled with a bankable pay.
  • With data analytics navigating all the integrant
    of an enterprise, the ventures are accessible to
    offer more salaries to these type of
    professionals.
  • The payment have perceived a favorable route
    where skills are supported by experience.
  • It is the best period, primarily when data
    analytics office worker take 30 high pay than IT
    professionals in India.
  • In recent times, R, Storm, Hadoop, Spark and
    Python endure the most search for tools by the
    managers, with a desirable package.
  • Finally, Analytics study is an approach in the
    right inclination and will stimulate desires of
    making a career in analytics discipline.

23
Thank You..
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