Top 6 Business Analytics Courses in Visakhapatnam
Business analytics is the process of using data and statistical techniques to understand and improve business performance. It involves collecting, organizing, and analyzing data to gain insights and inform decision-making. Business analytics can also be used to forecast future performance, by using statistical models to predict outcomes based on past data. This can help the company plan for the future and make strategic decisions about how to allocate resources. Read further to know about the best business analytics courses in Visakhapatnam.
Real World Example of How Business Analytics Can Be Used to Gain Better Insights Into Businesses
For example, a retail company might use business analytics to understand how its sales are performing. They might gather data on factors such as the number of customers who visit their stores, the average amount each customer spends, and the most popular products. They could then use this data to identify trends and patterns, such as which products are selling well and which stores are performing better than others.
With this information, the company could make informed decisions on how to optimize its operations, such as by adjusting inventory levels or promoting certain products more heavily, or probably making sure that certain products are more visible in the stores.
What Are the Steps in Business Analysis?
Business Analysis typically involves several steps, including:
- Identifying the problem or opportunity: This step involves gathering information and identifying the specific business problem or opportunity that needs to be addressed.
- Defining the requirements: This step involves working with stakeholders to understand their needs and requirements and to develop a clear, detailed description of what the solution should achieve.
- Analyzing the current state: This step involves researching and analyzing the current systems, processes, and data to understand how they are being used and identify any problems or inefficiencies.
- Designing the solution: This step involves creating a detailed design of the solution, including the processes, systems, and data that will be used.
- Implementing the solution: This step involves building and deploying the solution, including testing, training, and documentation.
- Monitoring and evaluating: This step involves monitoring the performance of the solution and evaluating its effectiveness in achieving the desired results.
- Maintaining and improving: This step involves maintaining and improving the solution over time to ensure it continues to meet the needs of the business.
Some steps may not be necessary in some cases, depending on the scope of the project and the type of problem or opportunity being addressed.
Top 6 Business Analytics Courses in Visakhapatnam
Rank #1. Business Analytics Courses in Visakhapatnam
Coursera is an online learning platform that offers a wide range of courses and programs in business analytics, including both individual courses and online degrees. Coursera partners with top universities and organizations to offer high-quality educational content.
Advanced Business Analytics Specialization
- Data Analysis
- Data Visualization (DataViz)
- Mathematical Optimization
- Data Model
- Data Quality
- Regression Analysis
- Data Cleansing
- Predictive Modelling
- Exploratory Data Analysis
- Business Analytics
Duration: 5 months self-paced approx. 3 hours per week
Coursera Project Network, which is a basic guided project of a 1 ½ hour duration free course, teaches the basics of spreadsheets software
Business Analysis for Managers by Tufts- This is a 6-monthly online course that consists of 5 courses that include analysis for gaining insights into the Business, marketing, product development, and finance.
- Business Analytics
- Project management
- Marketing and sales
- Product development
- Statistical methods
- Product management
Duration: 4 Months
Rank #2. Business Analytics Courses in Visakhapatnam
2. 360 Digi TMG-
Their business analytics courses in Visakhapatnam are designed to equip students with the necessary skills and knowledge to work with various data sources, generate business reports and dashboards, and draw meaningful insights to inform business strategies. Through the course, students will learn to apply descriptive, predictive, and prescriptive analytics to solve real-world business problems and develop prediction models for practical use.
The course also emphasizes the use of data visualization techniques to effectively represent and interpret data. The program aims to provide students with a professional education in Business Analytics, equipping them with the ability to critically analyze unstructured business problems and provide solutions using the language, theory, and models of analytics.
Course Duration: 72 hours of classroom sessions, 140 hours of assignments, and live projects
Skills Learned: Python, Tableau, R Studio, R
Rating: 5 stars rated on their website, 513 reviews
Rank #3. Business Analytics Courses in Visakhapatnam
3. IIM Visakhapatnam –
Professional Certificate in Business Analytics and Data-Driven Decision Making
Course Fees: INR 2,56,000
Ranking: #2 ranked on Naukri Learning
Course Curriculum: This course consists of 20 modules.
Module 1- Foundations of Business Data Analytics3 Topics
Module 2. Frameworks for Business Data Analytics4 Topics
Module 3. Foundations of Business Data Modelling2 Topics
Module 4. Hands-on Tool Training #01: RDBMS & SQL3 Topics
Module 5. Visual Analytics3 Topics
Module 6. Hands-on Tool Training #02: Visual Analytics Tool Environment: Producing Elementary Graph Data Manipulation, Building Formulas & Calculations4 Topics
Module 7. Business Cases #01: Visual Analytics
Module 8. Text Analytics
Module 9. Hands-on Tool Training #03: Text Analytics
Module 10. Business Cases #02: Text Analytics
Module 11. Causal Inference and Discontent
Module 12. Foundations of Predictive Analytics
Module 13. Hands-on Tool Training #04: Predictive Analytics-1-4 Topics
Module 14. Business Cases #03: Predictive Analytics-1-2 Topics
Module 15. Hands-on Tool Training #05: Predictive Analytics-22 Topics
Module 16. Hands-on Tool Training #06: Predictive Analytics-22 Topics
Module 17. Business Cases #04: Predictive Analytics-2-Machine Learning 2 Topics
Module 18. Group Project Work – 1/3 3 Topics
Module 19. Group Project Work – 2/3 2 Topics
Module 20. Group Project Work – 3/ 3
Duration and Course Content: The 12-month program for working executives offered by IIM Visakhapatnam includes a campus immersion module of three days, a focus on real business use cases, peer-learning and networking opportunities, and Executive Education Alumni status. Additionally, the program features workshops on data collection, research, Tableau, R, and Python.
- Bachelor’s degree with at least 50% marks or equivalent CGPA
- Minimum post-qualification experience of one-year
- Business Analytics Courses in Varanasi
- Business Analytics Courses in Kota
- Business Analytics Courses in Coimbatore
- Business Analytics Courses in Bangalore
- Business Analytics Courses in Chennai
- Business Analytics Courses in Mysore
Rank #4. Business Analytics Courses in Visakhapatnam
4. SPJIMR –
Certificate Programme in Business Analytics for Strategic Business Decisions from SPJIMR in Mumbai teaches students how to analyze data and make informed business decisions through a modular, sequential approach. It covers various tools and real-world applications in various industries to develop problem-solving skills.
Fees: INR 87,000
Duration: 7 months of online classroom training
Rank #5. Business Analytics Courses in Visakhapatnam
5. Applied Business Analytics ISB Executive Education
The Indian School of Business (ISB) offers a business analytics course as part of its Executive Education program. The course is designed to provide working professionals with the skills and knowledge necessary to make data-driven decisions in their organizations. The course covers topics such as:
- data mining,
- statistical modeling,
- machine learning, and
- big data analytics,
Tools Covered Include:
- Tableau (Optional)
The course also includes case studies, hands-on exercises, and group projects to provide participants with real-world experience. The course is offered in a flexible part-time format, which allows working professionals to balance their work and learning commitments.
Duration 12 Weeks Online (4-6 hours/ week)
Programme Fee INR 1,08,000 + GST
Rank #6. Business Analytics Courses in Visakhapatnam
6. GITAM School of Business (GSB)
It is a business school of Gandhi Institute of Technology and Management (GITAM) University, located in Visakhapatnam, Andhra Pradesh. GSB offers a range of undergraduate, graduate, and doctoral programs in business and management, including an MBA in business analytics.
This is one of the well-known Business Analytics Courses in Visakhapatnam and this MBA at GSB is a two-year, full-time program that is designed to prepare students for careers in data-driven decision-making. The program covers a range of topics in business analytics, including data mining, machine learning, and statistical analysis, and includes coursework in subjects such as data visualization, predictive modeling, and business intelligence.
What Should You Take Into Account Before Selecting Business Analytics Courses in Visakhapatnam?
Here are a few things to consider when choosing a course:
- Level of difficulty: Make sure the course is at a level that is appropriate for your current knowledge and skill level. If you’re a beginner, you may want to start with a course that covers the basics and builds up to more advanced concepts. If you have some experience with business analytics, you may want to look for a course that covers more advanced topics or focuses on specific tools or techniques.
- Course format: Consider whether you prefer a self-paced or structured course. Self-paced courses allow you to learn at your own pace, but may not provide as much support or guidance as a structured course. Structured courses may have set deadlines, assignments, and quizzes, but may also provide more opportunities for interaction with instructors and other students.
- Quality of the course material: Look for a course that has high-quality content and is taught by experienced instructors. You may want to read reviews or ask for recommendations from people who have taken the course.
- Relevance to your goals: Consider whether the course aligns with your career goals or interests. If you’re looking to learn specific skills or tools, make sure the course covers those topics.
Which Are the Most in-demand Courses in the Field of Business Analytics?
Business analytics courses are in high demand as organizations increasingly rely on data-driven decision-making. Some of the most in-demand courses in this field include:
- Data Science: Data science courses cover techniques for collecting, cleaning, analyzing, and visualizing data, as well as machine learning algorithms for predictive modeling.
- Business Intelligence: Business intelligence courses focus on tools and techniques for collecting, storing, and analyzing data to inform business decisions. Some specific skills that you can expect to learn in a BI course would be Data warehousing, Data Visualization, dashboarding, and reporting. For example, some courses mention Power BI which is nothing but a BI tool developed by Microsoft that can help support the above activities.
- Data Visualization: Data visualization courses teach students how to use visualization tools and techniques to communicate data insights effectively.
- Machine Learning: Machine learning courses cover algorithms and techniques for building predictive models using large datasets.
- Big Data: Big data courses focus on the tools and technologies used to process and analyze large datasets, including distributed systems and data lakes.
- Statistical Analysis: Statistical analysis courses teach students how to use statistical methods to analyze data and make informed decisions.
- Predictive Analytics: Predictive analytics courses cover techniques for building models to forecast future outcomes based on past data.
- Data Mining: Data mining courses teach students how to discover patterns and relationships in large datasets using machine learning algorithms.
Overall, the most in-demand business analytics courses will depend on the specific needs and goals of your organization. It may be helpful to assess your organization’s current capabilities and identify areas where additional training or expertise could be beneficial.
What Are the Common Tools Taught in Typical Business Analytics Courses in Visakhapatnam?
One can expect to learn a wide range of tools and technologies for collecting, cleaning, analyzing, and visualizing data. Some of the tools that are commonly taught in data science courses and programs include:
- Programming languages: Data scientists often use programming languages such as Python, R, Java, and C++ to manipulate and analyze data.
- Data storage and processing tools: Data scientists may use tools such as SQL databases, Hadoop, and Spark to store and process large datasets.
- Data visualization tools: Data visualization tools such as Tableau, matplotlib, and D3.js are often used to create charts, graphs, and other visualizations to communicate data insights.
- Machine learning libraries and frameworks: Data scientists may use machine learning libraries and frameworks such as sci-kit-learn, TensorFlow, and PyTorch to build predictive models using large datasets.
- Collaboration and project management tools: Data scientists may use tools such as Git, Jupyter notebooks, and Trello to collaborate with team members and manage projects.
- Statistical analysis tools: Data scientists may use statistical analysis tools such as SPSS, SAS, and STATA to analyze data and test hypotheses.
Overall, the specific tools and technologies taught in a data science specialization will depend on the specific focus and goals of the program. Some programs may have a more technical focus, while others may have a more applied or business-oriented focus.
These are just a few examples of degree programs in business analytics that are available in India. There may be other programs available as well, and the specific focus and content of each program will depend on the institution offering it. It may be helpful to review the course descriptions and syllabi of different programs to get a better understanding of the specific topics that are covered.
Q. What is the average salary of a Business Analyst at the entry-level position?
The average salary of a business analyst at the entry-level in India will vary depending on a number of factors, including the industry, location, and specific skills and experience of the individual. In general, entry-level business analysts in India can expect to earn salaries in the range of 3 to 8 lakhs per year.
Q. What are the factors that can influence the salary of an entry-level business analyst in India?
There are several factors and variables that affect the entry-level salary of a Business Analyst:
- Industry: The industry in which a business analyst works can have a significant impact on their salary. Business analysts working in industries such as finance, consulting, and technology may have higher salaries than those working in other industries.
- Location: The location of a business analyst’s job can also impact their salary. Business analysts working in major cities such as Mumbai, Delhi, and Bengaluru may have higher salaries than those working in smaller cities or rural areas.
- Skills and experience: The specific skills and experience of a business analyst can also influence their salary. Business analysts with specialized skills or experience in areas such as data science, machine learning, or project management may have higher salaries than those with more general business analytics skills.
Overall, the salary of an entry-level business analyst in India will depend on a range of factors, and it is important to consider these factors when evaluating job offers or negotiating salary. It may also be helpful to research salary data for business analysts in your specific industry and location to get a better understanding of the market rate for these roles.
Q. Are there any free Business Analytics Courses in Visakhapatnam?
- There are many free courses available online that can help you learn about business analytics. These are available online so one can take them anywhere in the world. Here are a few examples:
- Introduction to Business Analytics: This course, offered by the University of Pennsylvania through Coursera, covers the basics of business analytics, including data analysis, statistical modeling, and decision-making.
- Business Analytics Fundamentals: This course, offered by the Massachusetts Institute of Technology (MIT) through edX, covers the principles of business analytics and how to apply them to real-world problems.
- Data Analysis for Business: This course, offered by the University of Virginia through Coursera, covers the basics of data analysis, including data visualization, statistical analysis, and machine learning.
- Business Analytics: This course, offered by the University of Colorado Boulder through Coursera, covers the basics of business analytics, including data analysis, statistical modeling, and decision-making.
- Introduction to Business Analytics: This course, offered by the University of California, Berkeley through edX, covers the principles of business analytics and how to apply them to real-world problems.
These are just a few examples of the many free courses available on business analytics. It’s a good idea to do some research and compare different options to find the course that best meets your needs and learning style.
Q. What are some of the potential advantages that a business analyst would have over a software engineer?
Business analysts and software engineers are both important roles in the field of technology, and each role has its own set of skills and responsibilities. Here are a few potential advantages that a business analyst might have over a software engineer:
- Business acumen: Business analysts are expected to have a strong understanding of business operations and the role that technology plays in supporting those operations. This can give them a unique perspective on how to use technology to solve business problems and improve efficiency.
- Communication skills: Business analysts are often required to communicate complex technical concepts to a non-technical audience, which can require strong communication and presentation skills. This can be an advantage in situations where software engineers might struggle to effectively communicate their ideas to a wider audience.
- Problem-solving skills: Business analysts are often responsible for identifying and analyzing business problems, which requires strong problem-solving skills. They may also be responsible for developing and implementing solutions to these problems, which can involve working with software engineers to design and build custom solutions.
- Flexibility: Business analysts often work on a variety of projects and may be required to adapt to new technologies and business domains quickly. This can give them a certain level of flexibility and adaptability that may be less common among software engineers, who may specialize in a particular programming language or technology.
Again, these are just a few potential advantages that a business analyst might have over a software engineer. It’s important to note that both roles are important and valuable, and each role has its own unique skills and responsibilities.
Q. How would Business Analytics Courses in Visakhapatnam help you in your career?
The wide array of Business Analytics Courses in Visakhapatnam could help in your career by providing you with the skills and knowledge necessary to perform the responsibilities of a business analyst. Business analysts are professionals who work to improve the efficiency and effectiveness of an organization by analyzing its business processes and systems and recommending solutions.
A business analyst course can teach you how to identify and document the business needs of an organization, how to analyze and design business processes, and how to communicate effectively with stakeholders. This can help you become a valuable asset to any organization, as you will be able to use your analytical skills to identify problems and opportunities and develop solutions that can improve the organization’s performance. Additionally, obtaining a business analyst certification can help you stand out in the job market and can make you a more competitive candidate for business analyst positions.