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

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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.

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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.

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Its Purpose

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

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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.

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Types of Business Analytics

• Prescriptive Analytics
• Predictive Analytics
• Descriptive Analytics

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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.

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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.

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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 
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Source Informatica Corporation.
13
Command for Analytics Hotshot in India
Domestic Market
Analytics Market
Job Vacancies
Source NASSCOM
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• 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.

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Business Analytics Tools

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

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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)

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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.

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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
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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

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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.

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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.

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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.

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Thank You..