by Gouri Dixit | Nov 2, 2024 | Courses, Tally
Noida is a hub of educational and career opportunities which help individuals gain the necessary knowledge and skills for a successful accounting career. With so many options available, finding the best Tally courses that provide quality learning and job placements can be challenging. We’ve put up a list of the top 8 Tally courses in Noida to make it easy for you to finalize your decision.
What is Tally?
In simple terms, tally means the summation or calculation of some quantity. In accounting, Transactions Allowed in a Linear Line Yards (Tally) is software used for accounting and auditing purposes. It helps to manage all the financial information of a company in an organized manner.
Tally is user-friendly and enables users to create invoices, generate reports, analyze financial data, and more. It has become one of the most popular accounting software packages in India and is widely used by businesses of all sizes.
Tally is considered one of the most important tools for the accountant job. It plays a crucial role in Business Accounting. Many aspiring accountants take up diploma courses for Tally. But the certification courses offer similar value in less duration and are often preferred.
Types of Tally
There are three types of Tally software available: Tally ERP 9, TallyPrime, and Tally.ERP 9 Auditors Edition. These types are determined by the three versions used for the purpose of three different groups it’s used for. In this article, you’ll find Tally courses providing training on all three types of Tally.
Tally ERP 9: It is the most widely used Tally software, and it offers a comprehensive range of features to manage business operations. It includes financial management, inventory management, payroll management, and statutory compliance.
Small and medium-sized enterprises who want to manage their money better use it. It is particularly well-liked in India, where it is the most used accounting software program.
Several people, including accountants, business owners, and finance experts, use Tally ERP 9. Accounting, inventory management, payroll administration, GST compliance, reporting, and security are some major aspects of Tally ERP 9.
TallyPrime: It is the most recent version of Tally, offering a simpler and more user-friendly interface. It provides sophisticated services, including banking, inventory control, and payroll.
Some of TallyPrime’s key features are a Simplified user interface, remote access, advanced security, GST compliance, reporting, and bank connectivity.
Tally.ERP 9 Auditors Edition: It is specifically designed for chartered accountants and auditors. It includes audit tools, financial statements, and remote access capabilities. Chartered accountants and auditors primarily use the software to perform various accounting tasks, including auditing, analysis, and compliance reporting.
It includes several features that are specific to auditing, such as the ability to perform multiple audit assignments at once, compare current and past year’s data, and generate audit reports.
Some of the key features of Tally.ERP 9 Auditors Edition includes Audit tools, compliance reporting, data analysis, multi-tasking, and security. Its range of auditing features and compliance reporting tools make it a popular choice for those who need to manage and analyze financial data for multiple clients.
What is Taught in The Tally Courses?
Tally courses in Noida are designed to provide students with a comprehensive understanding of Tally software and its practical applications in accounting and finance. The courses cover various aspects of Tally, such as financial accounting, inventory management, payroll management, and statutory compliance.
The syllabus is structured to cover both theoretical and practical aspects of Tally, enabling students to gain hands-on experience and develop the necessary skills for a successful accounting career.
The average duration of a Tally course is typically between 2 to 6 months, depending on the course’s depth and the institution offering the course. Some institutes also offer fast-track courses that can be completed in weeks.
Does Tally Have a Huge Market Demand?
Tally and accounting have a huge demand in the market, and the statistics speak for themselves. According to a report by Statista, the accounting software market is expected to grow from USD 12.01 billion in 2020 to USD 19.59 billion by 2026, at a CAGR of 7.8% during the forecast period.
The increasing demand for automated financial management solutions and the growing adoption of cloud-based accounting software drives this growth. Moreover, the Indian government’s push towards digitalization and implementing GST has created a massive demand for Tally specialists.
According to a report by the Economic Times, there is a shortage of over 1.5 lacks Tally professionals in the Indian job market. Hence, if you love crunching numbers, now is the time to join Tally courses in Noida to increase your chance of landing the best job.
Qualifications Required to Enroll for a Tally Course
The qualification to enroll for a Tally course varies depending on the institution offering the course. However, most institutes require students to have a basic understanding of accounting principles and basic computer skills. Some institutes also require students to have completed their 12th standard or equivalent.
Benefits of Joining Tally Courses
Joining a Tally course provides several benefits, such as:
- Career Opportunities: Tally is one of the most in-demand accounting software packages, and completing a Tally course can lead to several career opportunities in accounting and finance.
- Practical Skills: Tally courses provide students with practical skills and hands-on experience, enabling them to become proficient in Tally software.
- Increased Efficiency: Tally software can automate several accounting and finance processes, and completing a Tally course can help students become more efficient in their work.
- Flexibility: Tally courses are available in different formats, such as online, classroom, and hybrid, giving students the flexibility to choose a format that suits their schedule.
Companies That Hire Tally specialists
Several companies in India hire Tally specialists, some of the big companies are:
- Wipro
- Infosys
- Deloitte
- Accenture
- Genpact
- Tata Consultancy Services (TCS)
- Ernst & Young (EY)
- KPMG
- PwC
Salary Range of a Tally Operator
After completion of the Tally course, you can get a job from the job profiles of an accountant to a tax associate. The salary range of an accountant is from INR 1,26,000 to INR 4,63,000. And the highest salary for the job of a Tax Associate ranges from INR 2,16,000 to INR 7,45,000.
Other best courses in Noida
Top 9 Tally Courses in Noida With Placements
Many institutes have started to conduct online courses for the ease of learners all around the world. It has now become easy to enrol for any online tally courses in Noida from the ease of your home. Even if you don’t reside in Noida, you can choose from the list of tally courses in Noida that we have listed.
1. IIM SKILLS
Have you just completed your 10+2 or are you a fresh graduate or pursuing your graduation and you are keen to take up a tally course but want a flexible learning option which is also certified? Then IIM SKILLS is the best platform. IIM SKILLS offers the best tally courses in Noida and ranks the number one position in the list of top tally courses in Noida. This course perfect fit for anyone who wants to learn tally, which means there is no particular sector required also for this course one must possess a basic understanding of computer operations and functions.
Click here for the Course Info: Tally Course
It is a course combined with 20 lectures online which covers software tools with practical assignments. The course also offers internship opportunities.
Modules Covered:
- Business Accounting
- Tally Prime
- Advanced Tally ERP 9
- Advanced Accounting in Tally
Other Professional Courses from IIM SKILLS
Contact Information:
+919580740740, info@iimskills.com
2. TEPL
Tally Education Pvt. Ltd. (TEPL) offers multiple Tally and Accounting courses under its umbrella. The “Tally Prime with GST” is one of the many courses offered by TEPL. It has earned its spot on the list of best Tally courses in Noida.
Course Highlights:
- The course duration is 5 hours 30 minutes.
- The course fee is INR 1,500.
- The course offers accessibility to the content for 6 months.
- Students can learn the course using self-learning videos.
- The course is created by Vedanta Soft Solutions.
- Lifetime access to the Tally job portal.
- Course completion certification, which is recognized by industries.
- The course is designed for professionals in accounting, MIS, finance, Data analysis, Business management, and taxation sectors.
- The course includes real-world scenarios, observations, solved illustrations, and charts.
Course Curriculum:
- Module 1 covers TallyPrime Start-up.
- Module 2 focuses on Tally Prime with GST.
- Module 3 is about Tally Prime printing configurations.
- Module 4 includes GST-filling concepts
- Module 5, the last module, covers E-invoicing.
3. NIIT – Tally Prime Course
NIIT is a 35-year-old organization. Through its various courses, the corporation has trained more than 3,00,000 learners. With the course, Accounting with Tally.ERP9, NIIT has established itself as one of the best tally courses in Noida.
Course Highlights:
- The course duration is 36 hours of classroom training.
- You can visit the course website to learn more about the fee structure.
- The tutors have experienced industry experts.
- The eligibility criteria are undergraduates and graduates interested in learning the basics of Tally. It is preferable that the student had the commerce stream in classes XI and XII.
Course Curriculum:
- The course modules are designed to help the learners become proficient in using Tally.ERP9 for accounting.
- The modules also cover creating and managing professional documents using Microsoft word.
- They also include presenting and managing data using Microsoft excel.
- After completing the course, students can apply accounting principles and become proficient in using Tally for accounting to process and manage business transactions and accounts.
4. ACTE Tally With GST
Association for Career and Technical Education (ACTE) is one of India’s leading associations preparing learners for a successful career in the technical field. The course Tally with GST Training has brought ACTE to the list of leading tally courses in Noida.
Course Highlights:
- The course duration is 40 hours of online training.
- The course fee is INR 12,000 for online batches.
- A free demo class is available on the course website for students to help them finalize the decision to enroll in the course.
- Job-oriented training is provided.
- The tutors are experts having industry experience.
Course Curriculum:
- The course is divided into 11 modules.
- The first module is about the basics of accounting.
- The second module covers the fundamentals of Tally ERP 9.
- The next module is about accounting in Tally ERP 9.
- The fourth module is about inventory in Tally ERP 9.
- Modules 6 and 7 cover the advanced accounting and inventory in Tally EPR 9.
- The next two modules are about Taxation using Tally EPR 9.
- Modules 10 and 11 are technical advantages and payroll accounting in Tally ERP 9.
5. Udemy
The Tally Erp 9 + Tally Prime + GST -Certificate Course by Udemy is created to learn the skills of the latest Tally ERP 9, Tally Prime, E-way bills, payroll, TDS, and more.
Course Highlights:
- Course duration – Self-paced learning. Ideally, it takes 16 hours to complete the course.
- Course fee – INR 2,499
- This course is for any accounting and Tally enthusiast who has a basic knowledge of computers.
- Video lectures that provide knowledge about Tally ERP 9 and Tally Prime.
Course Curriculum:
The course covers the basics of accounting, computerized accounting using Tally ERP 9 and Tally Prime, Integrating accounts and inventory, recording GST with Tally, GST Transactions, Reverse Charge Mechanism, and E-way.
Also, Check out:
6. Talent Magnifier – Tally ERP 9 with GST Course
Association for Career and Technical Education (ACTE) is one of India’s leading associations preparing learners for a successful career in the technical field. The course Tally with GST Training has brought ACTE to the list of leading tally courses in Noida.
Course Highlights:
- The course duration is 40 hours of online training.
- The course fee is INR 12,000 for online batches.
- A free demo class is available on the course website for students to help them finalize the decision to enroll in the course.
- Job-oriented training is provided.
- The tutors are experts having industry experience.
Course Curriculum:
- The course is divided into 11 modules.
- The first module is about the basics of accounting.
- The second module covers the fundamentals of Tally ERP 9.
- The next module is about accounting in Tally ERP 9.
- The fourth module is about inventory in Tally ERP 9.
- Modules 6 and 7 cover the advanced accounting and inventory in Tally ERP 9.
- The next two modules are about Taxation using Tally ERP 9.
- Modules 10 and 11 are technical advantages and payroll accounting in Tally ERP 9.
7. Coursera
Coursera offers a beginners level Tally and bookkeeping course. The Tally Bookkeeper Professional Certificate helps students understand the basics of accounting and finance and land a job after completing the course. With its easy and beginner-friendly course, Course has become one of the best tally courses in Noida.
Course Highlights:
- The course duration is 4 months. It’s a self-paced course.
- The course is offered by Tally and TEPL (Tally Education Pvt. Ltd.)
Course Curriculum:
- The course teaches the fundamentals of accounting.
- Hands-on experience with Tally Prime is taught.
- Modules on managing accounts transactions.
- How to apply statutory and taxation is taught in the next modules.
8. Naukri Learning
The Certificate in Tally.ERP 9 course by Naukri Learning has made them a pioneer in providing online data analytics courses in Qatar. The course aids in developing big data analytics skills and hands-on experience using the Tally software.
Course Highlights:
- Students get lifelong access to e-learning.
- Ideally, a learner requires 19 hours to complete.
- After successfully completing the course, students get a certificate of completion from Vskills.
Course Curriculum:
- The course has 8 modules.
- The modules cover the following:
Introduction to Tally.ERP 9, stock and Godwon in tally, groups, ledgers, vouchers, orders, reports in Tally, payroll, taxation, and Tally.NET.
9. TallyPrime with GST by Udemy
The TallyPrime with GST course by Udemy is one of the best courses for Tally in Noida. It is for Accounting, Financial, MIS, Data Analysis, and Tax Professionals.
Course Highlights:
- Course duration – Self-paced learning. Ideally, it takes around 8 hours to complete the course.
- Course fee – INR 2,699
- Video lectures that provide knowledge about Tally ERP 9 and Tally Prime.
Course Curriculum:
The course covers the installation of Tally Prime, fundamentals of accounting, Bill wise accounting, Tally Prime with Banking, TallyPrime with GST, and inventory management.
Frequently Asked Questions
Q1. What are the best job profiles after completion of a Tally course?
The above-listed Tally courses in Noida provide job assistance and placements. After successful completion of the Tally course, you can acquire the following job profiles:
- Accountant: With Tally’s expertise, individuals can work as an accountant in various industries and organizations, managing financial transactions and preparing financial statements.
- Accounts Executive: As an accounts executive, individuals can oversee accounting tasks such as preparing balance sheets, profit and loss statements, and tax returns.
- Accounts Manager: With a Tally course, individuals can gain the skills and knowledge required to become an accounts manager and manage accounting teams, oversee budgets and forecasts, and provide financial analysis.
- Financial Analyst: With Tally proficiency, individuals can work as financial analysts and assist companies with financial planning, budgeting, and forecasting, as well as financial modeling and data analysis.
- Tax Consultant: Individuals with a Tally course certification can work as tax consultants, assisting clients with tax planning, compliance, and filing tax returns.
- Auditor: With Tally’s expertise, individuals can work as auditors, examining financial records and ensuring compliance with laws and regulations.
Q2. Do I need to have a commerce background to make a career as a Tally operator?
No, you don’t necessarily need a commerce background to make a career as a Tally operator. While a background in commerce or accounting may provide some foundational knowledge that can be helpful, it’s not a prerequisite to learning and working with Tally software. Tally software is designed to be user-friendly, and it provides an easy-to-use interface.
Many Tally courses are designed for individuals from diverse academic backgrounds who want to gain expertise in using the software. The courses we listed as the best tally courses in Noida cover the basics of accounting and finance and the features and functionalities of Tally software. With the right training, anyone can become proficient in using Tally and pursue a career as a Tally operator, accountant, or in various other roles.
Q3. Can a business use Tally for the HR department?
Yes, Tally can be used to maintain employee data, track attendance and leaves, and generate salary statements. However, Tally is not a dedicated HR management software, and it may not offer all the features that an HR department may require.
Q4. Is the Tally software free?
Yes, the Tally software comes in a free version and a paid version as well. You can download the free version from Tally’s official website. The paid versions vary in price with the silver, gold, and rental premium models. The prices start from INR 600 for silver rental to INR 54,000 for the gold premium version.
Q5. What kind of jobs can I get after completing a Tally course?
Completing a Tally course can open up many career opportunities for you. You can work as an accountant, financial analyst, bookkeeper, tax consultant, auditor, or in various other roles.
Conclusion
Tally is comprehensive accounting software that can be used for various financial activities such as invoicing, payroll management, and more. With the help of its easy-to-use interface, it has become one of the most popular accounting software programs in India. The best tally courses in Noida provide individuals with a comprehensive understanding of Tally software and equip them with the necessary skills to make a career in Tally operations.
With the right training and dedication, you can become proficient in using the software and pursue a career as a Tally operator, accountant, or in various other roles. So far, you must have made up your mind about which course you are going to enroll in according to your needs and preference. Now is the time to take action and join the training to gain real-time experience while working on the Tally software. Good luck.
by Gouri Dixit | Nov 2, 2024 | Business Analytics
Do you wish to participate in India’s booming business community? You might be curious about the range of Business Analyst salaries in India. Recently, the country is witnessing a surge in new businesses. All these successful unicorns have a coherent business analyst who can utilize the data generated to project their future trajectory. Hence, business analysts are the most sought-after professionals. This leads to a higher business analyst salary in India than other specialists.
In this article, we’ll discuss how the business analyst salary in India is influenced by the factors like upskilling and staying up-to-date.
What is Business Analytics?
Before we jump on to what business analysts do, let’s first discuss business analytics. Business analytics can be defined as simply analyzing the past to predict the future of the business. It entails analyzing the data generated by businesses in the past to predict insights for the business’s future.
Business analytics explores the data generated by an organization or business and uses statistical analysis, data analysis, and other predictive models to help with better decision-making. To make this educated decision, Business Analysts analyze data using broadly three analysis methods:
Descriptive Analytics
It entails looking at the data, typically manually, to figure out “What is happening?” It analyses the current state of the firm using the Key Performance Indicators (KPIs).
Predictive Analytics
With predictive analytics, data patterns in the past and present are examined to see if they are likely to occur again. It helps businesses and decision-makers invest their resources to yield an advantage in the future.
Prescriptive Analytics
It uses past performance to suggest the measures to be taken in the future when a similar situation arises.
Together these methods are built upon each other. Descriptive analytics examines past data trends. Predictive analytics predicts the likelihood of these patterns appearing in the future, and prescriptive analytics suggests measures should the patterns appear again.
A business analyst can help make decisions that lead to the growth of a business. Hence the business analyst salary in India depends on the skills you bring to the table.
What Do Business Analysts Do?
Business analysts are a bridge that connects data analytics with business. Making arbitrary assumptions is one thing, but thorough comprehension is needed to access the data, gather pertinent information, identify trends, and make wise recommendations.
A business analyst collects acute data from the business and runs a comprehensive analysis to develop strategic solutions. The data collected from past trends, processes, and KPIs holds the power to guide the business toward growth. It also works as a guide to avoiding the mistakes of the past.
But accurately analyzing these features and landing on an effective and attainable solution requires an assiduous procedure. Business analysts interact with business stakeholders to understand business requirements and processes. Depending on the requirements, a business analyst should be able to improve processes and services using the data.
Business analysts should not only be able to predict and interpret the right information from humongous datasets but also need to be able to convey their knowledge to the concerned people. To be able to perform these tasks seamlessly, a Business Analyst is required to follow the procedure meticulously.
● Asking the Right Questions.
Before even starting to scratch the surface of the data warehouses, a business analyst must first understand what the business aims to achieve in the analytics process. The business analyst should ask the right questions to all stakeholders involved to gather accurate and current information.
● Searching for the data at the right place.
Businesses store their daily transactions and other data in massive databases. To gather useful insights, a Business Analyst should first be able to locate where the answers to all the questions would lie.
● Data cleaning.
The extracted data from databases might not always be in the optimal state to be used for gathering insights. The data needs to be cleaned to remove inconsistencies, duplication, blank entries, and garbage values to maintain only the relevant information.
● Analysis and Interpretation.
The business analysts look over the cleaned data for any trends, patterns, or other elements that might have an impact now and in the future.
Based on these forecasts, the analysts evaluate the findings and provide advice and solutions to assist in the future decision-making process. Being able to conduct this procedure can influence the rise in the business analyst salary in India.
Skills Required To Become An Efficient Business Analyst
Analytical thinking and problem-solving
Analytical thinking is one of the core skills required in a business analyst. A business analyst should be able to analyze the requirements of the business and use problem-solving skills to reach a desired solution. Analytical thinking and problem-solving help a business analyst to prioritize the needs of the business rightly. It helps achieve goals even with a lack of resources and unfavorable situations.
Having an impressive eye for detail
Needless to say, a business analyst needs to have great attention to detail. Analyzing the hidden patterns in the data and interpreting a solution that would best work for the growth of the business needs detailed attention to the slightest change in patterns and trends.
Business acumen
When contributing to the decision-making of any business, the business analyst needs to understand how the business works, what factors affect the results, relevant metrics, and more. S/he should have the knowledge and understanding of business. Deep business knowledge majorly affects landing a high business analyst salary in India.
Organizational skills
Business analysts are required to complete delegated tasks within stringent deadlines. Hence a business analyst needs to possess organizational skills like time management, goal setting, and project management.
Knowledge of databases and SQL, networks, and related technologies
Because they frequently work with databases, business analysts need to know how to utilize SQL to obtain data for reporting and analysis. Knowledge of SQL can be advantageous to a business analyst.
Creating reports and dashboards
A significant amount of a business analyst’s time is spent on creating reports and dashboards. Business analysts use dashboards to convey their findings, insights, and solutions to business owners and stakeholders. If you want to convey your thoughts effectively, you need to be skilled at creating reports and dashboards.
Cost-benefit analysis
Cost-benefit analysis compares the anticipated or forecast costs and benefits (or opportunities) associated with a project option to see whether it makes sense from a business perspective.
Programming
The two programming languages needed for analytics are R for statistical analysis and Python for general programming. Every business analyst should be able to code in these languages.
Communication
Be it business analytics or any other field, communication is a key skill every professional should possess. A business analyst needs to be an effective communicator to easily communicate the interpretations and findings of the analytics process to everyone concerned.
Job Responsibilities of a Business Analyst
A business analyst is responsible for
- Analyzing and assessing the current business methods and coming up with areas of improvement.
- Developing strategies to optimize business processes.
- Researching and reviewing the latest IT advancements and staying up-to-date with the trends.
- Collecting information from stakeholders in meetings and formulating reports.
- Performing requirement analysis and communicating the results effectively.
Also Read: Business Analytics Techniques
Business Analyst Salary in India
A business analyst’s salary in India ranges from INR 400,000 to INR 1,500,000 per annum. The average business analyst’s salary in India is INR 700,000. Over the years, the demand for business analysts has massively increased to cater to the increasing data and business opportunities.
Hence, with good analytics skills and business knowledge, even a newcomer can land an average pay scale. Though it should be noted that the pay scale also depends on factors like location, expertise, experience, education, ability to perform the job well, and the company itself.
Factors Influencing Business Analyst Salary in India
The business analyst salary in India is majorly affected by some factors. Let’s dive deep into each of them:
Experience
Experience plays a key role in determining salary in many professions. Business analytics is no exception, as it plays a crucial part in shaping businesses. On average, a fresher can earn up to 4 lac per annum. A business analyst with an experience of 5-10 years earns up to 9 lac per annum.
For an experienced professional with more than 10 years of experience, the average salary can go up to 15 lac per annum. The amount of experience you garner always adds up to your income. With experience, your salary as a business analyst will also increase.
Location
The city you are located in or the location of your company affects the pay scale. The same job profile can offer a higher salary in certain cities than in others. Some corporations pay remote workers according to the same pay scale, no matter where they reside. In some companies, a cost-of-living factor is used to adjust compensation.
The pay scale of employees is decided based on the market price. It includes the taxation rates, cost-of-living, to some extent, the business’s needs. In Banglore, the IT hub of India, business analysts make INR 660,000 annually on average. Whereas in Chennai, they earn about INR 775,000 per annum. In New Delhi, this goes to about INR 600,000 annually. Hence, work location plays a role in determining the business analyst’s salary in India.
Education
A graduate business degree is the best place to start if you want to work as a business analyst because it will cover several crucial topics, including business administration, business acumen, operational management, human resources, logistics, finance, and accounting. The knowledge required to fill this position can also be obtained through a master’s degree in business, such as an MBA.
Applying for a position as a business analyst at the entry level also requires industry experience. This can refer to any industrial training or internship you can complete while working for a bachelor’s or master’s degree.
Company
The salary range for a business analyst also depends on the size of the organization you work for and the nature of your projects. A large multinational corporation with thousands of workers will offer higher wages than a local or national small business.
In-demand Business Analyst Career Paths
Let’s look into a few in-demand career paths that offer a high business analyst salary in India.
● Business Analyst Managers
They are responsible for recruiting a team of business analysts’ team, overseeing the analytics process, and executing goals.
● Data Business Analyst
They analyze large datasets, identify patterns and trends, and prepare dashboards, reports, and charts to help decision-making for the business.
● IT Business Analyst
By converting the stakeholders’ business objectives into tangible deliverables and then monitoring their technological progress, IT business analysts help IT personnel and corporate management communicate. They look at the data flow and predict what infrastructure changes will be needed as the business grows.
● Quantitative Analyst
They specialize in developing and applying mathematical models that underpin any company’s financial choices. The risk management, price, and investment goals of these choices.
You can also check: Business Analytics Courses in Bangalore
Companies Paying Highly for Business Analysts
Some of the big companies that offer a high business analyst salary in India are:
- Tata Consultancy Services
- Deloitte
- Accenture
- Cognizant Technology Solutions
- Wipro
- Infosys
- American Express
- IBM
- Amazon
- HCLTech
- Zomato
- Capgemini
Jobs Similar To Business Analyst
There are several jobs that are similar to that of a business analyst, including:
- Management consultant: By analyzing an organization’s operations and making ideas for improvement, management consultants assist organizations in performing better.
- Data analyst: To find patterns and trends that can guide corporate decisions, data analysts gather, handle, and analyze vast amounts of data.
- Process analyst: Process analysts concentrate on examining and enhancing corporate procedures to boost productivity and effectiveness.
- Systems analyst: Systems analysts create and put into place IT systems to assist with business operations.
- Product manager: Product managers are in charge of overseeing the development of a product, analyzing market trends, specifying features, and managing the product launch process.
- Project manager: Project managers plan, execute, and close projects, and work closely with stakeholders to ensure that project objectives are met.
- Financial analysts use financial data to recommend investment and financial management strategies to organizations.
- Operations research analyst: Operations research analysts use mathematical modeling and data analysis to help organizations make better decisions.
The Estimated Average Salaries for These Jobs Are:
- Management consultant: The average salary range of INR is 6-20 Lakhs per annum.
- Data analyst: Average salary range of INR 4-12 Lakhs per annum.
- Process analyst: The average salary range of INR is 4-8 Lakhs per annum.
- Systems analyst: Average salary range of INR 4-12 Lakhs per annum.
- Product manager: Average salary range of INR 8-20 Lakhs per annum.
- Project manager: Average salary range of INR 6-20 Lakhs per annum.
- Financial analyst: Average salary range of INR 4-12 Lakhs per annum.
- Operations research analyst: The average salary range of INR is 4-8 Lakhs per annum
Myth Busters
Let’s blow off the leaf from some common myths about the business analyst job.
1. Business analysts are required only after the project commences.
Many employers and businesses often think that a business analyst comes after the project starts. However, the primary job of a business analyst is to identify opportunities to change patterns that will bring an advantage to the business or organization. This will become difficult if the business analyst is brought in after starting the project.
Involving a business analyst before the project kicks off helps understand the indicators and factors that can lead to success or prevent unnecessary losses. Being associated with the projects before they start and monitoring every aspect of it is one of the reasons why the business analyst salary in India is so high
2. It takes years of studies to become a business analyst.
While formal education can be a valuable asset to start as a business analyst, it is not the only path; there are other ways of developing the skills and knowledge needed to succeed in this profession.
- On-the-job training: Many organizations have programs to train individuals to become business analysts. These programs often provide hands-on experience and mentorship, which can be more valuable than formal education in some cases.
- Professional certifications: There are several professional certifications available for business analysts, such as Certified Business Analysis Professional (CBAP), Certification of Competency in Business Analysis (CCBA), and others which can be achieved by passing an exam, attending a course, or through work experience.
- Self-study: With online resources and training materials available, individuals can learn the skills and knowledge needed to become business analysts through self-study.
- Alternative education: Many business analysts come from non-traditional educational backgrounds, such as engineering or finance, but have been able to transition into the field by developing the necessary skills and knowledge.
3. Business analytics is only about numbers and statistics.
There is a prevalent misconception that statistics and number crunching are what business analytics is primarily used for. While there are undoubtedly parts of the job that demand a technical mindset, business analytics specialists focus more on strategically synthesizing data and producing useful business decisions.
Consider a few professions that the role of a business analytics expert is frequently confused with to gain a better understanding of the position.
4. A business analyst is only the project manager’s shadow.
The role of a business analyst is significant for the success of a project by providing valuable insights and analysis that inform the project’s direction, goals, and objectives. They work closely with the project manager to deliver the results on time, within budget, and meet the needs of the stakeholders. Business analysts are not shadows but essential parts of the project team, bringing unique skills, knowledge, and perspectives to the table.
Must Check: Business Analytics Courses in Pune
Key Indicators for Becoming a Business Analyst
Following indicators usually affect the decision to become a business analyst:
Diverse and challenging projects
Business analysts have the opportunity to work on a variety of projects across different industries and functional areas, which keeps the work interesting and challenging.
Analytical and problem-solving skills
Business analysts use their analytical and problem-solving skills to identify and solve business problems, which can be a fulfilling and rewarding experience.
Career advancement and professional growth
Business analytics offers opportunities for career advancement and professional growth through roles such as Senior Business Analyst, Business Analysis Manager, or Project Manager.
Positive impact on the organization
Business analysts play a vital role in ensuring that the organization’s resources are used effectively and efficiently, which can positively impact the organization’s performance and stakeholders.
High salary and good job security
Business analysts are in high demand and typically have good job security and the potential for a high salary.
Fast-paced and dynamic environment
Business analysts typically work in fast-paced and dynamic environments, which can be exciting and stimulating for those who enjoy this type of work.
FAQs
1. What is the highest business analyst salary in India?
The highest business analyst’s salary in India is 15 lac per annum, i.e., 1.3 lac per month.
2. Is business analytics an IT sector job?
It’s not necessary to have IT experience to be a business analyst. Business analysts typically have finance, marketing, business administration, or data analytics backgrounds. However, they should be aware of the basics of how IT tools and systems operate. Having said that, some business analysts may also focus on information technology.
3. What challenges does a business analyst face?
The major challenges faced by a business analyst are:
- Unclear expectations from the stakeholders about the project.
- Changing business needs.
- The created specifications do not meet the development team’s needs.
- Undocumented processes.
4. How can a business analyst aim for a higher income?
You can earn more as a business analyst by various means:
Specialization: Generalists can make it big, but there’s always a reserved place for a specialist who truly understands the business. Companies look forward to hiring and retaining specialists and often offer high pay.
Changing employer: It’s good to consider changing jobs to a company that can pay more for the expertise you bring to the table.
Education: Pursuing higher education or degrees like MBA can offer a chance to land a higher business analyst salary in India.
Conclusion
About 97 zettabytes of data were created globally in 2022. Hardly would there be any business or organization not working with data. Without any doubt, analysis of the data follows its generation. And for this reason, businesses are looking for skilled business analysts who can help them predict the organization’s trajectory and make profitable decisions. Thus, business analyst salary in India is rising like never before.
If you possess the analytical and decision-making skills required for business analytics with a flair for playing with data, this article might have helped you understand the salary structure for this job. These are just an estimate. The success and salary rate ultimately depends on your ability and skills. The more equipped you are, the better you’ll grow as a business analyst.
by Gouri Dixit | Nov 2, 2024 | Courses, Data Analytics
Data has become the next gold with the increasing upsurge of digital technology. Every business relies on data to answer specific questions about better opportunities. Hence, a data analyst becomes one of the most desired professionals who can utilize and analyze raw data to create insightful conclusions for the business. If you have a knack for data analysis, you have come to the right place. We have compiled the 9 top online data analytics courses in Qatar in this article. Qatar is a productive land for aspiring data analysts as they get paid handsomely for their skills.
Data analytics has grown into a colossal industry in the last ten years. As a result, finding a good job has grown more complicated. Candidates are chosen based on their educational background and capacity for dynamic project collaboration. Thus, there is a high demand for students to enroll in value-adding courses that provide appropriate hands-on training and internships.
One of the leading countries experiencing a boom in the data analytics sector is Qatar, which will soon have plenty of job opportunities. So, dive deeper into a complete breakdown of the top data analytics courses in Qatar.
What is Data Analysis?
Data analysis is the process of looking at unprocessed, known data in order to gain knowledge and draw valuable conclusions. Data analytics focuses on performing statistical analysis of existing data. Data analytics helps a business answer questions to understand why something happened. For example, a business can figure out the reason for the drop in sales with the help of data analytics.
Data analysis works with data to solve tangible business problems, the solutions to which can otherwise get lost in the vast amount of data. It usually uses tools like SQL, R, or Python programming languages and includes processes like data visualization and statistical analysis. You can learn about these processes and tools in the data analytics courses in Qatar listed below.
Process followed for Data Analysis
- Data analysis starts with data collection. For each department, businesses typically maintain a different database. In these situations, the data is dispersed among databases and needs to be gathered in one location.
- Although data analysts work with structured data, it is essential to organize the data to meet the company’s needs. Never is the data readily available in the best format to begin the analytical process. The crucial phase of the process is data cleansing and transformation. Eliminating noise, unused entries, duplicate values, and null values from the data makes the analysis process easier and produces reliable results.
- Finally, the actual data analysis is performed employing the various tools and techniques required depending on the data’s requirements.
Types of Data Analytics
Descriptive analytics uses current and past data to identify what changes have occurred in the business.
Predictive analytics creates forecasts based on historical data about what is expected to happen. It makes it easier to spot patterns and trends in the data and predict whether they will continue.
Diagnostic analytics pinpoint why something occurred, while descriptive analytics concentrate on what happened.
Prescriptive analytics examines the data to determine the future course of action. It is used to respond to the query, “What actions must be conducted to achieve the desired result?”
Commonly Used Techniques for Data Analytics
Data analysts employ various techniques to extract valuable information from the data. The most popular data analytics techniques include:
Two variables or a group of variables are considered in regression analysis. The analysis is done on the correlation between one variable and another. Based on changes in the independent variable, the behavior of the dependent variable is examined for changes.
A real-world example of regression analysis can be the analysis of the relationship between lead generation and time spent developing one’s personal brand. The independent variable here is the amount of time dedicated to personal branding, and the time and effort invested into personal branding will determine how many leads you generate.
A time series analysis is performed to find trends and cyclical patterns in the data points across time. To look at these trends, multiple points in time are used to analyze the same variable. With the aid of time series analysis, analysts can successfully forecast future fluctuations. Most frequently, time series analysis is employed in stock market forecasting.
Factor analysis is a technique used by data analysts to divide a big set of variables into smaller components. It operates under the premise that because numerous distinct, observable variables are all linked to a common construct, they correlate with one another.
Not only does this help to reveal hidden patterns, but it also breaks down big datasets into more manageable, smaller samples. It enables you to investigate ideas like prosperity, happiness, fitness, or, for a more applicable example in business, customer loyalty and satisfaction that are difficult to quantify or observe.
Cohort analysis puts related data points into groups rather than examining each one separately, and cohorts are the name for these connected groups. The clubbing is based on shared traits that are common across all of the individual data units during a specified time frame.
Most people see data as numbers. However, data is not only about quantity. Sentiment analysis uses qualitative data, which also contains a wealth of information that can be gleaned.
Natural Language Processing (NLP) is used in sentiment analysis to analyze the textual material. Understanding the customers’ reactions and making adjustments in response may be accomplished by analyzing customer evaluations, which is a wonderful approach to identifying emotions like happiness, satisfaction, anger, dislike, and more.
The Monte Carlo method, also called Monte Carlo simulation, is a computational approach for creating models of potential outcomes and their probability distributions. It determines the likelihood that each specific outcome will materialize after considering a variety of potential outcomes. Data analysts do advanced risk analysis using the Monte Carlo method to predict better what might occur in the future and take appropriate action.
Cluster analysis identifies structures in a dataset. The clusters formed are internally homogeneous and externally heterogeneous. That is, the data points within the cluster are similar to each other. But they are dissimilar to the data points in another cluster.
A great example to consider would be Netflix. The data consists of all viewers. With cluster analysis, the data points can be divided into clusters of viewers watching similar genres of movies or having watched the same movies. The data points in one cluster will not be similar to another.
Tools used for Data Analytics
A data analyst has to master using multiple tools to handle the varied data analytics tasks successfully. A few of the most commonly used data analytics tools are:
- Python
- Excel
- R
- Jupyter Notebook
- SAS
- SQL
- Tableau
- Apace Spark
- KNIME
The Annual Salary of a Data Analyst
A beginner or junior data analyst earns 22,536 QAR per month. The average annual salary in Doha, Qatar, is 75,000 QAR. The additional compensation for a data analyst in the Doha, Qatar area is from QAR 2,500 to QAR 4,500, with an average of QAR 3,500.
Best Online Data Analytics Courses in Qatar
With digitization taking over the education sector, learners can now take their skills to the next level with online courses. Qatar is evolving as a global data analytics hub and offers some of the best courses. We have listed down the top 9 data analytics courses in Qatar.
IIM SKILLS
IIM SKILLS is the leading ed-tech company that ranks in the top list of institutes that offer the best online learning platform for professional and skill development courses. They have a wide range of courses in finance and other skill-enhancing courses. They have a team of the most efficient teachers who are professionally experienced with more than 12 years.
IIM SKILLS is popularly known for offering best data analytics courses in Qatar and across the world. The course is 100% practical and tool oriented.
Tools Covered:
- R
- Python
- Tableau
- Alteryx
- SQL
- Excel
- Power BI
Why Should You Choose IIM SKILLS:
- Well-trained & experienced mentors who are industry experts.
- 24*7 support and guidance
- Best career-building support
- Lifetime free access to their learning materials
- Practical oriented training
- Assured internship
- Job placement
Other Professional Courses from IIM SKILLS
NIIT Qatar
The 35 years old global corporation, NIIT, has had franchises in Qatar for the last 15 years. Through its myriad courses, the corporation has trained more than 3,00,000 learners. It has established itself as one of the best data analytics courses in Qatar.
Course Highlights:
- Course duration – 50 hours.
- Live onsite classes with an option to attend online classes.
- Projects to learn real-world simulations.
- Tutors with at least 15 years of industry experience.
Course Contents:
- Data analysis using Excel
- Statistics
- R programming
- Machine learning
To know more about the fee structure, you can contact the numbers available on their website.
Contact Details:
Phone Number: +974 5065 6051, +974 4455 1796, +974 4455 1798
ExcelR
By providing courses on a wide range of subjects like Data Science, Digital Marketing, Data Analytics, and more, ExcelR has carved a space for itself in the field of online courses. ExcelR provides the Data Analyst Training course in collaboration with IBM. Professionals in commerce, engineering, finance, accounting, management, and science can opt for this course.
Course Highlights:
- Course duration – 160 hours.
- Course fee – INR 39,999
- Placement guidance and assistance.
- Online live classrooms.
- More than 60 case studies and assignments for hands-on learning.
- Trainers having industry experience and working in MNCs.
- Real-life projects.
Course Contents:
- Business Statistics
- Excel: Basics to Advanced
- MySQL
- Tableau
- Power BI
- SAS
- R Basics
- Python Basics
Contact Details:
Phone Number: 18002122121
Knowledgehut
Founded in 2011, Knowledgehut is one of the pioneers in providing online data analytics courses in Qatar. The Big Data Analytics Course Training offered by Knowledgehut aids in developing big data analytics skills and hands-on experience using various data analytics tools. The course provides training with data analytics tools like Pig and Hive, and Hadoop.
Course Highlights:
- Course duration – 30 hours.
- 15 hours of MCQ assignments.
- 3 real-time projects using the Hadoop ecosystem.
- 24 hours hands-on training on Pig and Hive.
- One-on-one big data training.
- Placement assistance.
Course Contents:
- Performance real-time analysis
- Hadoop ecosystem
- Big data analytics tools like Pig and Hive.
- Data analytics using Pentaho
You can check out the course website to learn more about the course and fee structure. You can also download the course curriculum before enrolling for the course. The website provides different contact numbers for different countries.
Must check the best:
QuickXpert Infotech
The Data Analytics course by QuuckXpert Infotech is one the best data analytics courses in Qatar, offering training in MySQL and Oracle SQL. The course comes in three training packages – Data analytics, Advanced data analytics, and customized data analytics. The course suits freshers who want to build data analytics skills and experienced professionals who wish to hone their skills.
Course Highlights:
- Training for skills like MySQL, Python, Python analytics, Excel analytics, Tableau, and Power BI.
- Hands-on training on tools like matplotlib, seaborn, NumPy, and more.
- Live projects and case studies.
- Interview guidance and preparation.
- Placement assistance.
Students of QuickXpert Infotech are placed in Accenture, Capgemini, Tech Mahindra, Datamatics, Puratech, and more MNCs. To inquire about the fee structure, you can check the course website.
The Knowledge Academy
The Knowledge Academy provides online Big data and Analytics training with two sections. One section covers Hadoop, and the other one focuses on big data. The training covers storing and processing big data, developing big data strategy, implementing big data solutions, and hands-on projects on Hadoop.
Course Highlights:
- Available in online self-paced, online instructor-led, classroom, and onsite mode.
- Course duration – 2 days.
- Course fee – INR 19,995
Contact Details:
Phone number: +971 8000311193
Email id: info@theknowledgeacademy.com
Simplilearn
The Data Analyst course by Simplilearn is ranked number 1 by Career karma. Simplilearn collaborated with IBM to design the course. Students get to learn and master data analytics tools like SQL databases, R, Python, and techniques like statistics, data visualization, and more.
Course Highlights:
- Course duration – self-paced
- Course fee – INR 54000. No-cost EMI is available at INR 4500 per month.
- A masterclass from IBM experts.
- Tools covered – Excel, NumPy, pandas, SciPy, Power BI. python, R, tableau, and MySQL.
Course Contents:
- Data Analytics
- Business analytics with excel
- Programming and data analytics with Python
- Tableau
- Capstone projects
- Electives are available for the learners to choose from.
You can download the course syllabus from the website.
Thinkful
Thinkful offers flexible payment and course duration options. The course can be completed in self-paced mode, either in a cohort for full-time or independently for part-time. The course offers live video mentoring sessions and daily live online lectures and workshops.
Course Highlights:
- Course duration: 4 months for full-time and 6 months for part-time availability.
- Course fee: USD 13,475 for the full-time duration and USD 8,240 for the part-time duration.
- 4 hours-long self-paced preparatory course available for full-time option.
- Career coaching and placement assistance.
- Resume writing support.
- Technical interview practice.
Students of Thinkful are placed at Google, Webflow, IBM, Amazon, Twitter, Walmart Labs, and more. With its unique fee payment options, Thinkful has curated one of the most flexible and affordable data analytics courses in Qatar.
Udacity
The Data Analytics course by Udacity is also one of the best data analytics courses in Qatar. The course is designed in collaboration with Kaggle. The course teaches data analytics fundamentals like Python, SQL, and statistics.
Course Highlights:
- Course duration – 4 months
- Course fee – INR 22,849 for monthly access and INR 77,676 for 4-month-long access
- Career Guidance
- Mentor support
- Flexible learning hours
- Review of Github account and LinkedIn profile optimization.
The course syllabus can be downloaded from the course website.
LearnBay
The Data Analytics Certification program by LearnBay is specifically designed for working professionals in the beginner stage of their careers. The students of LearnBay have a salary package ranging from 14 LPA to 22 LPA.
Course Highlights:
- Course duration – four and a half months
- Course fee – INR 75,000 + 18% GST. You can opt for EMI options with INR 14,750 per month.
- Hackathons and coding competitions.
- Custom-fit training.
- One-on-one mentoring.
- Hands-on experience with real-world projects.
- Subscription for 1.5 years.
Course Contents:
- Python Programming
- Statistics and Machine Learning
- Data analytics tools
Contact Details:
Phone number: +91 77956 87988
Myth Bursters
Let’s find the truth around the prevalent myths about data analytics.
- Data analytics is needed by only big companies generating huge data.
If your business is small or medium-sized, you might believe investing in data analytics is pointless. However, data analytics can be applied more skillfully to quicken business growth. Analytics insights can help a corporation identify problem areas by accurately approximating client expectations. This gives companies the crucial edge they require to contend in the industry.
- Data analytics is time-consuming.
The enormous volume of data created is one of the reasons this fallacy is widespread. Another explanation is that your data are unsuitable for the technique you utilize. The correct methods and tools will facilitate quicker and more accurate analysis. Self-service business intelligence solutions and apps enable you to assess enormous amounts of data with a few simple clicks, saving you time if you know what to search for. The data analytics courses in Qatar listed above provide knowledge of using the right techniques for your data.
- Only online businesses need data analytics
The use of data analytics is not limited to only online businesses. Even if you are not scaling to the online platforms, data analytics can still help you in marketing campaigns, understanding customer preferences, improvising products and services, and much more.
Frequently Asked Questions
Q1. How much time is needed to become a data analyst?
Though data analytics is demanding, the time required to acquire the needed skills and become a data analyst is much less. A person can become a data analyst in 2-3 months with thorough practice and implementation of data analytics techniques and tools. You can start by acquiring mathematical and statistical skills, followed by Business Intelligence tools.
A deep understanding of business acumen is also required. Next, it’s ideal for learning programming, especially Python and R. Finally, you can learn SQL. It goes without saying that all these learnings can be implemented in real-world projects to build your portfolio and qualify for better job opportunities. All of these steps are covered in the data analytics courses.
Q2. Does a data analyst need to use a lot of math?
As answered in the first question, a deep foundation in mathematics and statistics is essential for any data analyst. Learning or polishing your mathematical skills is beneficial before you get into coding and data analytics techniques.
Q3. Does a data analyst require coding?
Coding skills are not normally needed for data analysts, but some data analysts do have to do it on a daily basis. With the rise of big data, coding is much more likely to come up, and having those technical skills will certainly be valued if you want to become a Data Analyst. Hence, most of the data analytics courses in Qatar include modules on Python and R programming.
Q4. What career paths can an experienced data analyst take?
You can explore and advance more with positions like data scientist, specialist, consultant, or analytics manager after earning experience as a competent data analyst. All of these positions require the knowledge and skills of a data analyst, but they can be specialized into more specialized positions with better chances and income.
Q5. What stream is most relevant to become a data analyst?
A bachelor’s degree in mathematics, statistics, economics, or computer science is ideal for a data analyst job. However, following the right learning curve, any professional can start a career as a data analyst. The data analytics courses in Qatar listed in this article are the right place for anyone without experience or a relevant degree to start as a data analyst and excel.
Conclusion
Without a doubt, data is revolutionizing the analytics industry. Every company generates zettabytes of data every year, prompting the necessity for a diligent data analyst who can deliver insights from the data that could otherwise go overlooked. Data analytics has emerged as a new, lucrative professional option in the last decade. Due to the vastly increased creation of data, it will gain even greater exposure and demand in the future.
Qatar is one of the several UAE nations emerging as a center for data analytics. The moment is now to stake out your position as a knowledgeable data analyst in the data-driven world. If you are looking to start your career as a data analyst, we hope this article will help you make an informed decision to choose any one of the data analytics courses in Qatar.
