Iraq relies heavily on oil exports for its economic stability. Iraq needs to diversify its economy to achieve sustainable growth and reduce its oil dependency. It has created a surge in demand for skilled professionals in all fields, especially in data analytics. According to the US Bureau of Labor Statistics, an estimated 17,700 new data analyst positions will be created each year for the next decade. So, it is evident that professionals using data to interpret decision-making will be in high demand. Are you looking to enhance your data analytics skills? Then, this blog post covers the top 9 data analytics courses in Iraq for you.
Let’s break down data analytics: what it is, what career outcomes it can lead to and what are the top picks for data analytics courses in Iraq.
What is Data Analytics?
Data analytics is the most booming field in any country seeking to modernize its economy and improve industry efficiency. It involves using statistical methods, algorithms, and various tools to process and analyze data, enabling organizations and individuals to take a data-driven approach.
For example, in retail, data analytics can predict customer buying patterns, optimize stock levels, and customize products accordingly.
Data analytics utilizes structured and unstructured data to discover hidden patterns, correlations, trends, and insights. Structured data is large databases, whereas unstructured data includes images, videos, social media posts, text documents, etc.
Data analytics can be divided into four categories: descriptive, diagnostic, predictive, and prescriptive analytics. Apart from the above types, the Internet of Things(IoT) and environment analytics are the following emerging sectors in data analytics. They analyze data from connected devices to improve product performance and user experience.
Why Choose Data Analytics?
Every minute, vast amounts of data are generated, creating a dire need for individuals who can derive actionable insights. Large organizations, enterprises, start-ups, and local businesses are looking for skilled data analysts. As Iraq aims to rebuild its economy, studying data analytics offers you a unique opportunity to prove yourself. From optimizing resource management to driving innovation in public and private sectors, data analytics is a critical skill set for the modern workforce.
Here Are the Reasons Why You Should Choose Data Analytics as Your Career:
Every industry, from oil and gas to health care, finance, and marketing, now processes through data. It’s the source of the operation, from inventory management to storing information, etc.
With the advancement of AI, the world is moving fast toward digital transformation. Data analytics help you in national projects helping to optimize resources, improving public services, and driving innovation in both the public and private sectors.
Global MNCs and many Middle Eastern countries are looking for skilled data analysts to work for them, leading to lucrative career opportunities.
Addressing and tackling local challenges such as urban planning, resource management, and health care delivery is possible.
Segmenting audiences based on customer data analysis, and their preferences can help to create targeted marketing campaigns. This results in increased conversion rates and a reduction in the marketing budget.
Career Outcomes for Data Analysts
The data analytics field offers a promising future with a projected market growth from $271.83 billion in 2022 to $655.53 billion by 2029, at a compound annual growth rate (CAGR) of 13.4%.
Showcases the translation into diverse career paths and competitive salaries across industries.
The Most Critical in-demand Data Analyst Roles Are as Follows:
Business Intelligence Analyst
Data Visualization Specialist
Marketing Analyst
Financial Analyst
Operations Analyst
Salary Expectation: Data analysts earn competitive salaries depending on their experience, skill set, and location. Entry-level positions typically range from $15,000 to $25,000 annually, while senior roles can command upwards of $40,000.
Career Progression: As you gain experience and develop your skill set, you can progress into specialized roles like data scientist, machine learning engineer, analytics manager, or chief data officer, offering more significant earning potential and career growth.
Skills Required: Data analytics demands both technical and soft skills. Essential technical skills include statistical analysis and programming languages like Python and R. Data visualization tools like Tableau and Power BI are also important. Additionally, strong SQL and database management skills are crucial. On the soft skills side, problem-solving, critical thinking, and effective communication of complex insights are essential.
Job Satisfaction: A 2022 survey revealed that 73% of data professionals find their jobs satisfying or very satisfying. It is driven by intellectual stimulation and the ability to impact business decisions.
How do Businesses Use Data Analytics?
Businesses across various sectors leverage data analytics and AI to improve efficiency, drive innovation, and gain a competitive edge. Here are some key benefits:
Enhancing Customer Experience: Businesses can personalize product recommendations, predict customer behaviour and preferences, and optimize pricing strategies in real time, leading to improved customer satisfaction and loyalty.
Streamlining Operations: Data analysis allows for automating routine tasks, which increases productivity and leads to better resource management.
Risk Management: Businesses can use data analytics to assess and detect fraud and security threats, mitigate financial risks, and ensure regulatory compliance, protecting their interests and maintaining stakeholder trust.
Innovation-Driven Mechanisms: Data analysis helps identify emerging market trends and allows businesses to simulate and test new product ideas. It also supports the development of intelligent, self-learning systems, keeping businesses at the forefront.
Supply Chain Management: Predictive analysis can foresee the potential errors in the supply chain, allowing businesses to take precautions and thereby reduce costs
Top 9 Data Analytics Courses In Iraq With Placements
Now that we’ve explored the importance of data analytics and how businesses utilize it, let’s discover the data analytics courses in Iraq.
1. IIM SKILLS
IIM Skills is an Ed-Tech company that provides world-class education at affordable prices through its online self-paced programs. Over the eight years of experience, 1500+ trainings and more than 45000+ students are trained from 35+ countries across the globe. IIM SKILLS is headquartered in Delhi and 23+ Asian cities, including Dubai and Singapore.
They have started their journey with a content writing master course and now provide training in finance, marketing, data science, and multiple educational domains. IIM SKILLS provides Iraq’s #1 data analytics courses with a self-paced learning curriculum ideal for both freshers and professionals.
Why IIM SKILLS?
IIM SKILLS programs are led by experts who have 12+ years of experience in the industry. They have reached 1 million people digitally through their educational blogs for people who require career guidance. Vaibhav Kakkar, the founder of IIM SKILLS, aims to provide best-class training and make individuals industry-ready.
IM SKILLS has 500+ hiring partners and is providing internship opportunities for their students with companies like Microsoft, PwC, Accenture, TCS, Quantum, etc.
Unichrone is a leading Ed-Tech company that offers data analytics courses in Iraq. They help professionals in developing the necessary skills for the evolving business environment. Unichrone is in 170+ countries, offering interactive sessions in different formats.
Through their advanced training programs, professionals have easily found opportunities with Fortune 1000 companies and over 700+ multinational corporations.
Course Name
Advanced-Data Analytics Certification Training in Baghdad, Iraq
Course Duration
4 Days Interactive Online Training
Course Curriculum:
Introduction to Data Analytics
Introduction to Statistical Analysis
Data Wrangling with SQL
Presto
Feature Engineering
Introduction to Data Analysis with MS Excel
Cleaning Data with Text Functions
Sorting and Filtering
Exploring Lookup Functions
Introduction to Power Pivot and Formula Auditing
Course features:
4 Day interactive instructor-led online/classroom training
Study materials designed by subject matter experts
Mock Tests
Course Benefits:
24*7 Support
Industry Experts
Resume & Interview Preparation
Internship Opportunities
A Few More Data Analytics Courses That We Insist You to Explore Near You:
Madrid Software is a data analytics institute with over nine years of experience. With the advancements of technologies and developments in the data analytics field, their only aim is to serve their students quality content with highly experienced trainers.
Their mission is to help students upskill with data analytics training. The founders are ex-employees of Cognizant who have left their careers to train over 20,000 students with data analytics courses in Iraq.
Course Details
Data Analytics Course Training in Iraq
Course Duration
12 Months
Academy Partner
Hewlett Packard
Batches
Weekdays & Weekends
Course Curriculum:
Introduction to Data Analytics
Data Analytics Roadmap
Role Of Data Analyst In Companies
Data Analytics Core Components
Python Basics – Basic Syntax & Data Structure
Core Python Programming Concepts
Numpy Concepts
Pandas package
Data Manipulation Using Pandas
Data Mugging With Pandas
Data Visualization With MatplotLib
Introduction To Tableau
Working With Tableau
Introduction To MySQL
Constraints
SQL Commands
Introduction To Excel
Formatting Essentials
Functions & Formulas
Dashboard Designing In Excel
Data Analysis Tools
Excel Charts
Pivot Tables
Case Studies
Capstone Projects
Course Benefits:
Live Project Based Training
Recorded Sessions
Assignments & Assessments Test
Resume Building
LinkedIn Profile Review
Job Placement Assistance
24/7 Support
4. University of Technology, Baghdad
The University of Technology is one of the leading institutes, having expertise in various engineering and scientific disciplines. They have set high standards of knowledge and technical ability that provide graduates specialized in their fields to achieve their goals.
UOT is the best among the data analytics courses in Iraq that ensures students learn from the basics of data analytics to data collection, optimization, and visualization.
Course Curriculum:
Data modeling
Intro to NoSQL
Data Structures
Data Definitions Commands
Data Normalisation, keys, & indexes
Design methods
Dimensions vs. Measures
Intro to MongoDB
Advanced Database Object
Data Querying Commands
Onhand dashboarding and visualizations
PowerBI
NOSQL & BIG DATA
SQL & Advanced SQL
Intro to Big Data & Cloud Platforms
Data Manipulation Command
Intro to Python & Spark
5. University of Mosul
The University of Mosul offers the best data analytics courses in Iraq. It adapts the modeling of the concepts of logic and statistics in cognitive interaction. It elevates the student’s ambitions of serving Iraqi society, making it a prominent country.
The data analytics training in Iraq is conducted virtually, which allows participants to engage in open discussion sessions to address their queries. The curriculum provides a balanced approach for advanced digital marketing courses, blending practical and theoretical orientations appropriate for marketing professionals.
AI Nahrain University is one of the leading institutes that offers data analytics courses in Iraq. They aim to create high-quality, trained professionals for data analytics developments and statistics analysis. Critical thinking, creativity, and innovation are their growing parameters for their trainees.
Students can gain hands-on experience in data analytics with live projects and case studies.
Course Curriculum:
Foundations
Data Wrangling
Introduction to relatable database
Basic Visualisations using Excel
Data problem-solving using Excel
Integrity Constraints and Normalisation
SQL commands
Pandas-building blocks
Visualization building blocks
Exploratory Data Analysis
Introduction to Machine Learning
Dashboard & Storytelling
Blends & Actions
7. University of Kufa
The University of Kufa offers data analytics courses in Iraq to enable learners with the right skills to succeed in data analytics. This course is designed for professionals considering upgrading their careers in 2024. From fundamental concepts and tools to advanced techniques, they cover all the aspects of data science. Students get real-time experience with case studies in critical areas like machine learning and data visualization.
360DigiTMG is the leading training institute that offers data analytics courses in Iraq. They provide world-class training with the main headquarters in India. The course curriculum is designed according to the market trends. Their certification courses are accredited by the State University of New York(SUNY). In three months, learners can gain real-time experience in machine learning, regression analysis, and algorithms using Python and R programming.
Course Curriculum:
Python Introduction
SQL
Forecasting/Time Series
Black Box method (ANN, CNN, RNN)
Data Science – Preliminaries
Power BI
Data Mining – Unsupervised Learning
Generative AI & Transformers New!
Data Mining – Supervised Learning
Prompt Engineering New!
SUNY Syllabus:
AWS Certified Machine Learning New!
Certificate from SUNY University
Implementing a Data Science solutions with Azure
Course Features:
150+ hours of assignments
Lifetime LMS access
Live free webinars
24* 7 Support
100% guaranteed job assistance
Mock interviews
Resume & LinkedIn reviews
9. American University of Iraq, Sulaimani(AUIS)
The Center for Information Technology and Data Analysis(CIDA) is a research, consultancy, and training center established recently at the AUIS. CIDA is a training institute that provides data analytics courses in Iraq. Their objective is to support the government in making data-driven decisions. CIDA aims to develop intellectual qualities and research abilities by utilizing information technology. Their data analytics training is designed for students who want to pursue their career in information science along with interview preparation.
Course Curriculum:
Data Structures
Data Type
Data Management & Visualization
R language and the computing environment
Writing R Functions
Visualisation in R
Python Fundamentals
Python Programming
Data Science & ML Algorithms in Python
Data and AI Paradigm
MS Excel for Analytics
S/W tools
SQL for Querying and Databases
PoweBI or Tableau for dashboard
FAQs
Is a certification in data analytics course worth it?
A data analytics certification will be a valuable asset to your professional identity. It shows the employers that you are the right fit for the data analyst role. Considering your requirements, expertise, and career goals, select the certification course.
Are there any financial aids and scholarships available in data analytics courses in Iraq?
Financial aid options for data analytics training are limited. Some universities provide scholarships and fee concessions. Researching their financial aid options can help you find the right fit. Consider self-paced learning courses like IIM Skills which are affordable compared to others.
I have completed a data analytics course. How can I differentiate from other job seekers?
The data analytics field is competitive. You need to build your portfolio with data analysis projects to stand out. Research and perform case studies on specific industries emphasizing real-time development; additionally, network with industry experts through webinars and events.
How can I use data analytics skills to make a positive impact?
Data analytics skills can be used to address social and economic challenges in society. You can analyze and interpret solutions for various problems in public health, environmental management, and infrastructure development sectors.
Conclusion
Iraq has a competitive landscape of natural resources like oil, natural gas, and sulfur which occupy a large part of its revenue. Iraq needs to rethink its dependency on natural resources. As technology advances rapidly, data analysts are at the front line, utilizing data insights to optimize operations and workflows.
The top 9 data analytics courses in Iraq mentioned here are the starting point of your journey. By exploring and selecting the right course, you are positioning yourself ahead of your competitors.
All these courses provide you with real-time projects, case studies, and hands-on experience in data analysis. Remember. If you invest your time, money, and effort in yourself. Then, success is your ROI. What are you waiting for? Start learning today!
Curious about the many possibilities and gateways data science creates in Baltimore? Wondering how, where, and which data science courses in Baltimore will give a boost to your career? Well, Data science has proved to be an ever-growing field with immensely increasing prospects in 2024. For individuals situated in Baltimore, who want to create and build a career in data science the rapidly growing landscape of the region opens a dynamic gateway for growth and opportunities. It’s exciting to see these educational options alongside a growing number of data-driven companies in Baltimore.
Before we move to the list of top data science courses in Baltimore, let us know what is data science.
If you wish to enter and explore data science courses in Baltimore, then this article is intended for you. We have covered all the necessary details and aspects of data science and have included the top data science training programs in Baltimore & the leading data science institutes in Baltimore for your career.
This article will guide and drive you in making the best selection and decision for your data science journey.
An Overview of Data Science
Data Science
First of all, let’s understand data science. In simple terms, it is the study or analysis of data by seasoned professionals to derive meaningful conclusions from it.
It goes beyond simple analysis, diving deeper and focusing on the management and structuring of data by using many statistical methods such as regression analysis, standard deviation and t-tests, as well as employing additional tools and resources such as artificial intelligence to reveal and uncover hidden patterns and market trends.
This will further enable sectors and enterprises to make more educated and informed choices as well as predict future trends and outcomes.
What Does It Require?
You will need to have a thorough understanding of all the basic concepts of computer science, statistics, and mathematics, as these are essential subjects and skills, all of which are required for working in this industry.
Pursuing a bachelor’s degree in the relevant subjects will add to your skillset and competency for building a career in data science.
What is Its Importance?
It is a dynamic field with growing applications in the digital age. It is being employed across all sectors and industries to facilitate growth and shorten the company-to-consumer divide. It helps companies comprehend the needs and requirements of their customers which ultimately adds to the benefits and advantages of both parties.
With increasing emphasis on technologies and digital advancements, large amounts of data are produced every single day. Data scientists use various tools, technologies and processes to dig and dive within these large chunks of data to uncover and create meanings from them to understand the ever-changing market demands and trends.
But the question arises, how exactly are businesses leveraging data science in the real world? Well, firms use it to uncover and understand valuable insights and knowledge, ultimately leading to process optimization, better decision-making, and the construction of data-driven models that fuel expansion and advancements.
Additionally, being a constantly evolving discipline, it will also provide you with several options and possibilities as learners and proves to be a compelling career option for individuals striving to succeed in this industry today.
Why Pursue Data Science Courses in Baltimore?
With the expansion of the world of data, there has been an uprising and a significant growth in the number of data science courses along with data science institutes in Baltimore in recent times. The region presents a compelling option for those interested in pursuing data science.
Baltimore has many good educational institutions that provide data science training programs. These levels vary from beginner or basic to focused and advanced. Regardless of your level of experience, you can simply discover a program that fulfils all of your needs and expectations.
These programs are taught by qualified professionals who will guide and walk you through the key concepts and essential aspects of data science, such as data analysis and data collection, statistics, machine learning, data visualization, data preparation, programming, data cleansing, and all of the other tools required to succeed in the field.
Data science skills are in high demand with a prominent increase of data science training programs in Baltimore and data science training institutes in Baltimore.
Pursuing or studying data science or data science courses in Baltimore will enable you to gain the crucial and necessary skills and knowledge employers are looking for in the market, increasing your chances of landing exciting jobs in various fields.
Additionally, Baltimore offers a more affordable cost of living. This can be a major advantage for students seeking to pursue data science there, especially when combined with the scholarship and financial aid options available for many data science training programs in Baltimore.
Baltimore has a growing and vibrant data science community. By taking data science courses in Baltimore, also get the opportunity to connect with a network of students as well as professionals from the field.
This will further help you progress in your career as having a rapport with experienced personnel in the field will aid you by gaining valuable guidance and mentorship along with probable collaboration opportunities boosting your experience and enhancing your expertise in the field.
For individuals striving to succeed in the field of data science, Baltimore is a top choice as its modern lifestyle and top-notch education provide a fostering environment for data science.
Top 7 Data Science Courses In Baltimore With Placements
1. IIM SKILLS
The first one is IIM SKILLS, which is a highly recommended option when pursuing an online data science training course in Baltimore.
It is widely recognized and has established itself as a premier platform for professional courses and learning and offers many courses in a range of subjects such as writing, analytics, finance, and marketing.
Their courses are quite reasonable and also provide certifications for learners, which are globally recognized. Their courses and programs are considered to be ideal for upskilling, both for beginners and seasoned professionals.
IIM SKILLS programs also include lifetime access to their Learning Management System, which has an array of training materials including recorded lectures and classroom presentations for greater understanding.
To thoroughly train and equip you for the data science world, their “Data science master course” consists of more than 160 hours of lectures, 100 hours of practical assignments, 16+ live projects, 7+ tools, and 10+ case studies.
All in all, they provide 11 months of training at an affordable fee of 771.98 USD. Along with certification they also provide full placement support to students.
Their curriculum consists of all necessary facets of data science and is broken up into eight modules, which cover every important topic and tool, making it one of the most comprehensive and flexible data science courses in Baltimore.
Another great institute for data science is the Johns Hopkins University which is a highly regarded private university and is an established data science institute in Baltimore. They provide a variety of courses and programs, including data science courses in Baltimore.
You can pursue them on-site at their university or online through learning platforms such as edX and Coursera. Their programs are accredited all around the globe and offer quality education and training to their students. They provide both online and onsite courses.
Their ‘Data Science Master’s program’ is an entirely residential program for students and offers training in subjects like statistics, applied mathematics and computer science to build the foundational knowledge for gaining an understanding of data science techniques.
Their program places a strong emphasis on mastering the abilities required to convert real-world data-driven problems into mathematical ones and solve them utilizing a wide range of scientific methods required to ace the data science domain.
You can gain additional information about their curriculum, course eligibility, duration, and fees from their website. If you are not located in Baltimore, you can also enrol on their data science courses online. They provide online data science courses for learners, outside of Baltimore, to facilitate distance learning.
You can easily enrol yourself in their online data science courses available in edX and Coursera to upskill yourself in the world of data. John Hopkins University is a great institute for learners to enhance themselves and set foot in the data science sphere of Baltimore.
Datamites is an excellent option for data science courses in Baltimore. It is renowned and accredited by organizations such as IABAC, and delivers an array of services, including courses, classes, training, and certification.
It is a well-known training institute in Baltimore that specializes in Artificial Intelligence, Data Science, and Machine Learning. They provide a wide range of courses aimed to prepare students for this rapidly expanding sector.
Their courses are priced very reasonably and also provide the option of learning by attending classes or taking online courses. Datamites additionally emphasizes practical experience through projects and internships.
You will learn more about data science by doing real-world projects with the guidance of expert instructors. Datamites also assist students in finding jobs once they have completed their courses.
Their data science course covers several fundamental principles in data science including python/R, statistics, Tableau, machine learning algorithms, business aspects and so on. They provide 8 months of training with 700 hours of learning for a reasonable charge of 2060 USD.
This course caters to both the functional as well as practical aspects of data science. Along with quality intensive training, they will also provide unlimited access to data science cloud labs to students for practice.
There are no mandatory prerequisites for this course however, a basic knowledge of statistics would be advantageous for learners. Along with certification, they will also provide placement guidance to students.
This is a highly recommended option when it comes to data science training programs in Baltimore and is a great way to boost your theoretical and practical knowledge of the field.
Name of the Course
Data Science Course
Curriculum
The curriculum is divided into 10 topics covering all concepts of data science; refer website for more information
Mode of Learning
Onsite and Online
Contact
Refer Website
Check These In-demand Data Science Courses Near You:
Certsaffix is a great learning platform for students wanting to pursue data science courses in Baltimore. They offer a number of courses in data science and related subjects. They also provide a wide range of computer and business skills training.
Learners also have the facility to attend live online sessions, study at their own pace online, or receive in-person instruction at one of their many locations, even in Baltimore.
Their programs and courses can be accessed by both Individuals and businesses, wanting to upskill and excel in this field.
They offer a wide range of data science courses in Baltimore to aspiring individuals. You can easily enrol yourself in the course of your choice according to your level and needs. One such course is their ‘Data Science and Machine Learning with R eLearning Bundle Course’ it is a self-paced course for students and includes two Data Science and Machine Learning with R courses, you can refer to their website for additional information.
They have also included 4 career-oriented and boosting courses focusing on career management and growth which tackle areas including time management, digital skills, creativity and soft skills. This course costs around $825 per participant and includes access to course materials for up to 6 months after payment.
Certsaffix is a great data science training platform, especially for those who want to upskill themselves in a short duration of time, honing their skills and bettering their knowledge about the field and the booming data science market in Baltimore.
Name of the Course
Data Science and Machine Learning with R eLearning Bundle Course
Curriculum
The curriculum is divided into 6 parts covering the concepts of data science; refer website for more information
Mode of Learning
Onsite and online
Contact
Phone: 888-330-6890
5. NobleProg
NobleProg is a reputable global training and learning platform for students. They offer live, instructor-led training on the latest technology that caters to both individuals and businesses. Their classes can be taken up both onsite and online.
They provide a selection of data science courses in Baltimore that focus on various aspects and topics of data science and cover all the necessary modules required to hone your knowledge in a short period. It also contains a user-friendly online learning management system for continuous training and education.
Their courses are accessible at many places around the globe and also provide certification upon course completion.
A Practical Introduction to Data Science Training Course’, is one of their data science courses curated for training learners to gain and equip themselves with the necessary knowledge and tools to develop a real-world comprehension of Data Science and its relevant procedures and technologies.
This course will provide you with an elementary introduction to the fundamentals of data science and then go on to introduce and explain the many tools and technologies used in the area. The course duration is 35 hours and you will be requiring a foundational understanding of database concepts and statistics for this course.
They will also provide lectures and discussions to help you develop your theoretical understanding, as well as incorporate exercises and hands-on practice to help you gain practical knowledge of the field.
All in all, this course will polish your skills as a data scientist and prepare you to tackle real-world obstacles in the data science domain.
Name of the Course
A Practical Introduction to Data Science Training Course
Curriculum
9 modules covering important aspects of data science; Refer website for more information
Mode of Learning
Onsite and online
Contact
Phone: +1 332 282 5666
6. The Knowledge Academy
Another similar option to NobleProg is The Knowledge Academy. It is a great option for students as it is well-known international training company with over 30,000 courses offered in approximately 190 countries.
It is globally recognized by accrediting exam institutions and provides a range of professional development courses in multiple subjects. Their extensive course selection caters to both individuals and businesses, and their innovative, high-quality teaching strategies are customized to accommodate any taste.
individuals can opt for any mode of training they require since they offer many modes of teaching like online classes, instructor-led and self-paced study, as well as classroom learning. It is definitely one of the leading choices for data science courses in Baltimore.
Their ‘Data science analytics training course’ is a wonderful choice and especially advisable for those who want to enhance their skills and knowledge in a shorter period. The course is taught by experienced professionals and the duration of this course is 1 day.
This course provides a thorough learning experience at a very reasonable price in Baltimore, offering training sessions and quality learning materials for better understanding.
The course additionally provides a certification in data science analytics along with a Digital Delegate Pack. If you want to upskill yourself in the field of Data Science, The Knowledge Academy would be a suitable choice to consider.
Name of the Course
Data science analytics training course
Curriculum
7 modules covering all important topics of data science; Refer website for more information
Mode of Learning
Onsite and online
Contact
24/7 assistance
Phone: +1 7204454674
7. University of Maryland, Baltimore County
The next option that comes to mind for studying data science in Baltimore is UMBC. It is a globally esteemed institute and a reputable public university and is widely known for their top-quality education and various courses and programs they offer.
UMBC delivers many data science training programs in Baltimore. This institute offers certification courses, individual courses as well as a master’s program. Their courses are very flexible and enable learners to easily opt for the course or degree of their choice that meets their needs.
Their curriculum encompasses many fundamental concepts of data science like data analysis, machine learning and other necessary skills and tools required to succeed in the field. They also emphasize practical learning by incorporating projects and studies in their curriculum that allows students to comprehend the data science market in Baltimore.
Moreover, they provide both in-person, evening, and online classes to accommodate full-time working students as well. UMBC’s data science programs aim to help you to mindfully and successfully respond to the increasing demands of this ever-expanding domain.
Interested learners can go through and browse all the data science training programs and courses they offer on their website and register as per their requirements.
One such course is their ‘Master of Professional Studies: Data Science’. This course will prepare you for building a career in data science and comprehending the data sector.
Their course curriculum comprises all the wholistic aspects and implications of data and will help you polish your thinking abilities, hone your skills and techniques as well as make you familiar with the market of data science expanding your knowledge and experience in the sector.
Name of the Course
Master of Professional Studies: Data Science
Curriculum
Refer website for more information
Mode of Learning
Not mentioned; refer website
Contact
Phone: +1 410-455-1000
Website: University of Maryland, Baltimore County
Other Institutes Offering Data Science Training Programs in Baltimore
Some other top choices and most sought-after institutes by students wanting to pursue data science training programs in Baltimore are Community college of Baltimore County, Loyola university and Towson university.
They offer many data science courses which are curated with working professionals in mind and are built in a way that will both equip and enable learners to apply theoretical knowledge practically and learn to navigate the challenges and roles of being a data scientist.
Their curriculum comprises all the fundamental concepts of the domains of data and will equip you to tackle real-world challenges and ace the data domain as a competent data scientist.
FAQ’s
Q1) What are the opportunities for data science courses in Baltimore?
You’ll find a lot of fresh career prospects once you finish your data science courses. It provides and gives you all the information you need to know about the profession and helps you hone your skill set while gaining experience.
It facilitates the career development of working professionals and opens doors and exciting prospects for newcomers to build a successful career in the industry.
Q2) What is the average salary a data scientist earns in Baltimore?
In Baltimore, data scientists can expect to make up to $118,556 annually. However, the exact amount differs and is heavily influenced and determined by factors such as education, experience, skill set, certifications, competency, background, and the type of organization you work for.
Q3) Are there any preliminaries required for these courses?
Mostly no. Anybody with an aptitude and interest in data science can pursue these courses. However, having fundamental knowledge in relevant subjects will be beneficial to understand and grasp the concepts better. Possessing a degree in relevant fields will be helpful but isn’t mandatory.
Conclusion
There are countless options and applications available in today’s vibrant and constantly growing data-driven world. For those looking to pursue a career in data science, this article intends to shed some light and help guide you in making the best decision and choosing the most suitable route for improving your skills and advancing your career in this sector, bringing you one step closer to your data science dreams.
According to the World Data Science Initiative, the Data Science Industry is projected to grow from 95.9 billion in 2021 to USD 322.9 billion by 2026. In today’s world, businesses are information-driven and require professionals who can clean, interpret, and give valuable insights that can translate into millions of dollars. Data Analytics courses by NIIT are industry-oriented and have some of the top demanding professions. Data Analytics courses by NIIT are one of the top options in the market that can help you get ahead of the game.
What is Data Science?
Data Science is used to focus on solving data problems to extract the most accurate insights and get the most exact decision-making. It involves several fields that complement each other such as Statistics, Computational Science and Programming, Maths, Business Intelligence, Analytics, Data Engineering, and Machine learning Techniques.
Information has become an ocean of data. Businesses require real-time information with 100% accurate insights. The correct interpretation of data is the difference between getting ahead or staying behind the competition. The industry requires highly qualified professionals to fulfill an ambition with crescent demand, and the professions involved in the Data Science lifecycle.
The National Institute of Information Technology (NIIT) is always at the forefront of the most recent trends and market demand. Data Analytics Courses by NIIT offer one the best programs in the market with the commitment to launch the best professionals in the market.
Data Analytics courses by NIIT offer the possibility to perform several roles after learning the right set of skills. Among those roles are Big Data Engineer, Business Intelligence Analyst, Data Scientist, Database Administrator, etc. The roles just mentioned above offer a wide range of opportunities in the IT sector but are not restricted to them.
According to Successive Cloud, an International Consulting Company, there top 7 industries in which Data Science professionals have the most demand. Data Analytics courses by NIIT, through its services, can help you get a slice of that growing market.
Banking, Finance, Services, and Insurance: Banks, Hedge Funds Trade companies, and Insurance corporations handle big amounts of data that needs to be processed to detect things like fraud detection, market sentiment, trade volumes, market risks, etc.
Media & Entertainment: Giants like Netflix or Disney stay up to date to provide a better service than their competition. Data Professionals can help these companies stay up to date with consumers’ tastes and new trends as well as the optimization in the ad buying process.
Healthcare: It’s important to have ordered and structured information to have electronic medical records per patient, diagnosis, appointments, billing information, etc.
Education:Education is global and the competition gets tougher every day. The Data Analytics course by NIIT provides a better learning experience by learning where students have more difficulties and therefore fill in the gaps.
Retail and Wholesale: Giant retails require data professionals to analyze consumer patterns, demands, and sentiment and provide a more personalized customer service that translates into sales.
Automotive and Transportation: Massive data is released every day in the production process, defect ratios, market trends, and supply chain processes. The correct interpretation of information can help reduce costs and create better technologies and supply chain efficiency.
Digital Marketing: Companies like Google and Facebook predict user behaviors, and improve ad experience, among others through data analysis.
Data Analytics courses by NIIT offer a variety of programs that give a holistic focus to its learners by combining all the disciples and tools required to be an outstanding professional.
The Data Analytics Courses by NIIT Include:
Professional Data Science Program
Data Science program
Machine Learning Program
Testing: Adv PGP in DC and ML
Advanced PGP in Data Science Machine Learning
Data Science Foundation Program
Data analytics courses by NIIT offer entry and professional-level focus and are tailored-made for a busy professional or a student with flexible study hours, and part-time and full-time courses. Depending on the program of your choice, the programs have a duration between 18 and 40 weeks.
Each program has a theoretical and practical structure, in which students get hands-on experience through real-life scenarios. NIIT knows the importance of quality, which is why the Data Analytics by NIIT programs offer a personalized service that will launch you successfully into the market.
The institute offers a Stack Route certificate, as well as, complementary services like carrier guidance, CV writing services, placement assurance, mastering of interview skills, interviews with companies, and salary negotiations.
You should check the courses in other rewarding cities
This program is for students in their final year of university who wish to give their careers an extra boost It’s an online mentor-led program with 40-45 flexible study hours, in which students get their coding designs reviewed regularly.
The subjects covered in this course are:
Data Analytics
Introduction to Programming
Python for Data Science
Exploratory Data Analysis
Story Telling
Capstone project 1
After learning the basic skills, the course provides more advanced skills and tools that will give the learner a deeper understanding that will set a solid base to launch the student into the market and be job-ready to work as an entry-level Data Analyst, Business analyst, or Data Scientist.
No Data Science course would be complete without software tools. NIIT is always up to date with the most current industry software like Python, RDBMS, SQL, Tableau, and Excel. This program is suitable for students with bachelor’s in Engineering, Technology, Science, Administration, and Arts.
The program is designed for entry-level professionals who have already been immersed in the working world or for college graduates actively searching for a job. The program offers the same learning concepts and experiences as the Professional Data Science Program with some differences:
The program has a duration between 23 to 45 weeks depending on the eligibility category.
The categories are based on your study background:
Placement assistance for learners
Placement assurance
Data Science Foundation Program
This is a 6-week program that has similar content to the Data Science Program and covers the following topics:
Analyse discrete data and structured data.
Apply statistical tools and techniques
Summarize and represent data visually
Work with data to store, retrieve, manipulate, and analyze data
Write programs to do data analysis
At the end of the course, the learner will be able to use thoroughly tools like RBDMS, Phyton, SQL, Excel, etc. These data analytics courses by NIIT have no placement assistance or job assurance, please check the candidate eligibility on the Data Science Program on the official website.
This program is designed for working professionals who wish to have a competitive advantage in their careers. This is an online mentor-led program with 40 flexible study hours in which, at the end of the course, the students will be able to perform ML Engineer code at an entry level.
No Machine Learning program would be complete without the most used tools in the market. At the end of the program, the student will know how to use Python, SQL, Tableau, Excel, etc. Please keep in mind that this course is best suitable for students with backgrounds in Maths, Statistics, Engineering, Information Technology, or any other field related.
Data Analytics courses by NIIT are always at the forefront bringing their learners the best personalized experience therefore this program offers placement assistance and assurance.
Testing: Adv PGP in DC and ML (Advanced Post Graduate Program in Data Science and Machine Learning)
The data analytics courses by NIIT are for postgraduates who wish to immerse in the Data Science Industry hand in hand with Stack Route and Fraunhofer Research Organisation. It’s a full-time online program with a total of 18 weeks. The program consists of three levels of which each level has a duration of 6 weeks.
Level 1, in which the student will learn:
Analyze discrete data and structured data
Apply statistical tools and techniques
Summarize and represent data accurately
Data analysis using the most advanced tools in the market
Level 2, in which the student will learn:
Source, validate clean, store, and consult data to perform a clear analysis for accurate insights.
Create data dashboards & visualizations
Break down information to generate hypotheses
Story-telling
Predictive analysis through ML models
Level 3, in which the student will learn:
Modeling data
Analyse unstructured textual data
Learn the logic to construct reliable ML models
Use NLP to do an analysis of data
Complete a project with the tools and knowledge learned in the course.
The student will get access to the most current and used tools in the market: Python, NumPy, Excel, Pandas, etc. This course is best suitable for post-graduate students in the fields of science, technology, engineering, and maths. At the end of the program, the students will be able to perform thoroughly as Data Analysts, Business Analysts, and Jr. Data Scientists.
Data Analytics courses by NIIT provide its learners with the best-personalized experience therefore this program offers placement assistance and assurance.
Advanced PGP (Post Graduate Program) in Data Science and Machine Learning (Full time)
This program is for postgraduates who wish to immerse in the Data Science Industry hand in hand with Stack Route and Fraunhofer Research Organisation. The course has a full-time approach of 18 weeks. The full-time program contains 3 levels, with a duration of 6 weeks each:
Level 1
Analyse discrete data and structured data
Apply statistical tools and techniques
Summarize, interpret, and represent data visually
Data Analysis with the most sophisticated programs and tools used in the market.
Level 2
Source, validate, clean, store, and consult data to perform a clear analysis for accurate insights
Break data into pieces to generate hypotheses and validate it.
Apply story-telling techniques
Learn how to create reliable ML models.
Level 3
Machine learning tools and techniques to model data.
Analyse unstructured textual data
Learn the functioning of ML Models
Use NLP technology for data analysis
Complete a project including ML modeling.
The student will get access to the tools of the most current and used programs in the market such as Python, NumPy, Tableau, Excel, Panda, RDBMS, etc. This course is best suitable for post-graduate students in the fields of science, technology, engineering, and maths. At the end of the program, the students will be able to perform thoroughly as Data analysts, Business Analysts, and Jr. Data Scientists. Data Analytics courses by NIIT offer placement assistance and assurance.
Advanced PGP (Post Graduate Program) in Data Science and Machine Learning (Part-time)
This program is for postgraduates who wish to immerse in the Data Science Industry hand in hand with Stack Route and Fraunhofer Research Organisation. The course has a part-time approach of 50 weeks and it offers the same learning experience and the same eligibility prerequisites as the Advanced PGP (Post Graduate Program) in Data Science and Machine Learning (Full-time). Unlike the full-time program, this one is covered in two levels.
About NIIT
Rajendra S. Pawar and Vijay K. Thadani founded the National Institute of Information Technology, which today is known as NIIT. Pawar and Thadani, two visionaries, realized the human resource challenges in the IT sector and the growth potential in years to come.
In 1981, they embarked on a mission to fill that gap and launch the best professionals into the market. Forty years later, NIIT has become a Global Talent Corporation with a presence in over 30 countries with locations in North America, Europe, Asia, and Oceania.
NIIT has set itself apart from its competitors through constant innovation in its learning platforms, and systems, combined with strong partnerships.
As a result, the company has been awarded various prestigious awards and recognitions such as the “Institutions with Excellent Training and Placements 2022” award at the BW Education, and most recently the “Gold for Excellence in Employee Rewards and Recognition Strategy 2023” at ET Human Capital Awards.
NIIT has assumed a leadership role in this Digital Transformation expanding its services to individuals, schools, and corporations and offering tailor-made services and experience not just in IT, but in other areas like Banking and Finance, Marketing, Emerging, Technologies, Fintech, and Data Science.
In addition to its role in the business world, NITT knows the importance of giving back to the community. NIIT Foundation was established in 2004 as a not-for-profit education society to tackle issues like child education, digital literacy, and vocational training.
Among its most prominent programs, we find Hole-in-the-wall, which consists of small computer kiosks at rural schools, where children are given access to technological and educational resources and programs with a focus on enabling girls to access education.
Overall, NIIT’s success is the result of innovation, hard work, quality, value, and social responsibility. As their vision states, “Growth is the derivative of the growth in each one of us. It is the duty of each of us to espouse and give effect to the values, motives, and beliefs we state here.”
FAQs
Why should I choose Data Analytic courses by NIIT?
NIIT is an internationally renowned company that’s constantly innovating to provide the best quality education for its students. Along with world-class instructors, each course offered by the institution is at the forefront of current market trends and needs. The courses ensure the student gets the course competencies, knowledge, and attitude to face real-world challenges. In addition to receiving a top-quality education, NIIT offers guidance services to write a CV, helps prepare for the toughest interviews, and helps its candidates position in the market.
How do I know if Data Analytics courses by NIIT is right for me?
Review the information on the landing page. On the official site, there’s a detailed brochure with the information for each program. For any further inquiries, please feel free to apply with your name, phone number, and email. The staff will get in touch shortly afterward, and will gladly answer any questions. The link to this form can be found at the bottom of the page, of the program of your choice, under the legend “Ask a career expert”.
Does NIIT provide the software tools required to complete the course?
NIIT provides access to the software tools while in the program. Once the program is over and you wish to acquire the software tools, you must make the necessary arrangements on your own for the licenses and permissions.
What are the financing options for the courses?
NITT offers various payment plans and loans, depending on the program. Please keep in mind that if you’re applying for a loan, the candidate needs to pay a non-refundable booking fee to reserve the spot in the selected batch. The candidate doesn’t need to get a loan through NIIT, in that case, the candidate should make the payment upfront. For more information, please contact the staff at NIIT through an application form with your name, email, and phone number. The link to this form can be found at the bottom of the page, of the program of your choice, under the legend “Ask a career expert”
What would happen if I applied for the loan with NIIT and the loan wasn’t approved by the start of the selected course?
The candidate will be accommodated in the next available batch and the enrolment process will start by the time the loan is approved.
Who is eligible for the Data Analytics courses by NIIT?
The programs are designed for undergraduates, graduates, postgraduates, and working professionals with a background education in fields related to statistics, mathematics, IT, Technology, and Engineering. Please keep in mind that NIIT isn’t just focused on Data Science programs. NIIT has a wide range of programs that go from Finance to Marketing to Software engineering.
What are the StackRoute certificates and why are they beneficial?
StackRoute is an NIIT initiative born in 2015 with the purpose of providing world-calling learning IT solutions that give professionals de functional tools they need for the everyday challenges of the working environment. StackRoute is industry-recognized, as it works with large global organizations, like IBM, Sapiens, Boening, and CGI, among others, as well as, Global Incubation Centers. The institution has been awarded the most prestigious awards such as the Brandon Hall Award Group HCM Excellence Award in 2020.
How can NIIT guarantee job placement?
The job placement can vary depending on the program, for more specific information take a look at each program page and brochure. NIIT has a median of 92% job placements in 30 days and has several partnerships with the most prestigious firms such as HAYS, Tata, Oracle, Accenture, etc. However, it’s important to mention that the success rate can vary from person to person. For further inquiries, please contact the NIIT staff, who are more than happy to help.
Before presenting detailed information on the Business Analytics Courses in Ranchi, a brief mention of the concept of Business Analytics is mandatory. Simply defined, Business Analytics comprises the advanced tools and techniques which are used by companies to make an assessment of their overall performance. The relevant data of the company which has wide applicability is often highlighted by business analytics professionals.
Business Analytics professionals can help in spotting the malpractices of the company which is responsible for their poor performance. In this way, the information provided by these professionals is utilized by the business houses to tackle their existing and future challenges.
In technical jargon, Business Analytics is the process of transforming data into insights to create improvement-driven business decisions. Business Analytics assist to generate a better understanding of the primary and secondary data that emerge from the various initiatives of the companies.
This helps the companies to fine-tune their procedures, measure their performance and hence give a push to their productivity. For corporate houses, data is considered to be of utmost significance as it can pave way for them in order to gain a competitive edge over their rivals.
Business Analytics ensures the empowerment of the Corporate Sector so that it can make beneficial optimum business decisions. In today’s world of advanced technology and Big Data, where companies crave nothing but data to encounter cut-throat competition. Under such circumstances, qualified Business Analysts are the much sought-after professionals to render information on data.
What Do Business Analytics Professionals Do?
The primary role of Business Analytics Professionals is to thoroughly evaluate the performance of the company, and provide insights, and recommendations to improve its performance. To accomplish this task, Business Analytics professionals use information, statistical methods, and documentation of the company to investigate the various parameters contributing to the overall performance of the company.
They are expected to collaborate with both internal and external clients. They primarily focus on building strategies to improve the product, its sales and marketing, and the customer experience as well as using data insights.
Key Competencies of Business Analytics Professionals
The increased scope of a particular profession increases the demands regarding the quality standards of the professionals working in that field. Following are some key competencies of Business Analytics Professionals that, if honed constructively, can jump-start the careers of this community:
Problem – solving Aptitude
In a job where Business Analytics professionals attempt to transform facts into solutions, an inherent aptitude for problem-solving is a big boon. Analytics professionals employ an amalgamation of statistics, rational reasoning, and predictive analytics to resolve issues faced by companies and help them march ahead.
Apt Visualization
Disorganized data of a company can play havoc, if not managed properly and timely. Analytics professionals must be skilled enough so they could display disorganized data accurately in the simplest of all forms to create value from it.
Good Communication and Interpersonal Skills
A Business Analytics professional should showcase excellent communication and interpersonal skills during the launching of the project, collaborating with the clients, collecting the required data, and validating the final solution.
Analytical and Critical Thinking
Critical and Analytical thinking is the very basic trait required to be a good Business Analytics professional. Though it is an underrated virtue, professionals in this field should learn to analyze their client’s needs and expectations. Critical thinking helps these professionals to examine various options before opting for a feasible solution.
Good Decision-making Skills
A Business Analytics professional’s decisions have a powerful impact on the business of a company. Such professionals should be skilled in interpreting the problems and consequently look for alternative business approaches. Finally, they should be careful enough to test and implement the solution.
Other than the above-mentioned non-technical skills, Business Analytics professionals should possess certain technical skills as well. Some of the must-have technical skills are mentioned below:
Programming Languages
Hands-on experience with Programming Languages is a must to have a better understanding of quicker and more accurate data–analysis. Knowledge of R and Python is highly beneficial for such professionals.
Database and SQL
Sound knowledge of Relational Databases like Microsoft SQL Server, Oracle DB, and MySQL Database is recommended for Professionals working in the field of Business Analytics. This is required for the storage and processing of huge amounts of heavily structured data. They should also be well aware of the usage of Statistical Software and Tools like SAS, MS Excel, and Mathematica in order to manage and analyze data.
Creation of Reports and Dashboards
These professionals should be well-versed in using the various Business Intelligence Tools for writing reports and creating dashboards. Sound understanding of Power BI, Tableau, and QlikView is the preferred choice.
Microsoft Excel
Microsoft Excel is one of the strongest Analytics and Reporting Tools. Business Analytics professionals should know the usage of this tool for data and budget analysis to unravel the business pattern.
Considering the immense scope of Business Analytics leading to an escalating demand for Business Analytics professionals, various educational institutions have started offering courses in Business Analytics. This course equips the candidates with the superior knowledge and skill – set to make data-driven decisions in the corporate world.
One such educational hub for courses in Business Analytics is the city of Ranchi, nicknamed the “City of Waterfalls” in India. As the Capital of the state of Jharkhand, Ranchi is rapidly expanding its economy. There have been many good educational institutions that are offering many Professional Courses, one of them being the Business Analytics course.
These courses are designed to empower and equip the aspirants for professions in which they employ modern data science to address the issues influencing the growth of business houses. A greater need is felt for people who can analyze and decipher data using modern Artificial Intelligence tools.
With the growing relevance of corporate analytics, the Curriculum of these courses has been developed to provide an in-depth understanding of challenges faced by businesses. At the same time, it aims to make them learn to employ analytics, tools, and approaches, to take the lead in this rapidly advancing software industry.
These courses also assist the candidates to comprehend real-world challenges, acquire insights, and based on these insights establish business strategies to make effective management decisions.
The curriculum is an amalgamation of the numerous disciplines of Management and Data Science. Most of the courses in Business Analytics offers Live Training Sessions and Projects along with Placement Assistance.
Here is a Bird’s Eye View of the Institutions Offering Full–time Business Analytics Courses in Ranchi –
1. Indian Institute of Management (IIM), Ranchi
Out of all the Business Analytics courses in Ranchi, the Business Management programs in Business Analytics at IIM–Ranchi are the most coveted ones. These programs are carved to equip students for those in-demand professions in which they employ and govern modern data science to address significant business issues.
With the increasing emergence of analytics in the Corporate sector, there is a greater need for a qualified workforce that can analyze and decipher data into meaningful insights. It is one of the best Business Analytics courses in Ranchi as it provides excellent placement assistance along with world-class sessions.
Key Features –
IIM-Ranchi offers the following courses in Business Analytics:
MBA in Business Analytics –
Duration – Two years
Tuition Fee (Two Years) – INR 14.90 lakh
This course curriculum covers the topics like –
Data Management
Business Statistics
Legal Aspects of Business
Managerial Computing
Information Systems
Business Intelligence
Data Visualization, etc.
Executive Program in Business Analytics and Business Intelligence –
Duration – 1 month
Tuition Fee – INR 80,000
This program covers-
Machine Learning
Data Mining
Using Python for Analytics
Supply Chain Analytics
Social Media Analytics
Analysing Social Media Content
Analytics in Business Process Improvement
Marketing Analytics, etc.
Certificate Program in Business Analytics and Business Intelligence –
Duration – 18 months
Tuition Fee – INR 4 lakh
The courseware of this program includes-
Introduction of Business Analytics
Business Intelligence
Fundamentals of Marketing Management
Data Mining
Analytics in Finance
Supply Chain Analytics
Human Resources Analytics
Deep Learning
Spreadsheet Modelling
Analysis, etc.
2. Birla Institute of Technology (BIT), Mesra, Ranchi
Name of the Course – MBA in Business Analytics
Key Features –
BIT, Mesra, Ranchi offers a 2-year full-time MBA program. Based on CAT/MAT/XAT/CMAT percentile/score and GD and PI, BIT, Mesra, Ranchi grants admission to the candidates in MBA.
Tuition Fee – INR 5.18 lakh
The course curriculum includes-
Information Technology Management
Financial Accounting, and Management
Managerial Economics
Business Communications
Strategic Management
Cost Management
Multivariate Data Analysis
IT-enabled Business Intelligence
Legal Environment for Business
Business Research
Human Resource Management
Business Ethics, etc.
3. The ICFAI University, Ranchi
Name of the Course – BBA in Business Analytics
Key Features –
At the undergraduate level, ICFAI University, Ranchi offers a 3-year full-time program in Business Analytics. This program prepares the students with skills such as data analysis and data-driven decision-making in today’s digital era.
Tuition Fee – INR 1.8 lakh
This program includes:
Financial Accounting
Data Science
Digital Transformation of Business
Digital Marketing
Business Laws
Database Management Systems
Operations Management
Marketing Management
Banking & Insurance
Cyber Security
Management Information System
Data Mining, etc.
4. Manipal University, Jaipur, Rajasthan
Name of the Course – Online Master of Business Administration (For Working Professionals)
Key Features –
Manipal University, Jaipur offers a 2-year online MBA program for working professionals, wherein, aspirants get access to live and as well as recorded classes.
Tuition Fee – INR 2.6 lakh
The curriculum includes-
Advanced Machine Learning
Data Scraping
Business Analytics
Programming in Data Science
Game Theory and Simulation
Duality Analysis
Visualization
Unstructured Data Analysis
Legal Aspects of Business
Research Methodology
International Business Management
Strategic Management
Exploratory Data Analysis, etc.
5. Amity University
Name of the Course – Online MBA/PGDM Program in Business Analytics
Key Features –
Amity University, NOIDA is one of the top-ranking Private-Universities in India. It offers a 2-year online full-time MBA in Business Analytics. The comprehensive curriculum of this course prepares the aspirants well to work as Business Analytics professionals. This course is one of the most popular Business Analytics courses in Ranchi.
Tuition Fee – INR 2.55 lakh
Some of the topics covered in the courseware of this program are-
Name of the Course – Online Post-graduate Diploma in Management (PGDM) in Business Analytics
Key Features –
Jaipuria Institute of Management, NOIDA offers an AICTE-approved 2-year online Post-graduate Diploma in Management in the field of Business Analytics. It offers weekend classes, wherein, microlearning is ensured through short videos.
7. Birla Institute of Technology & Science (BITS), Pilani, Rajasthan
Key Features –
Yet another course that is on top of the popularity chart of Business Analytics courses in Ranchi is the one offered by BITS, Pilani, Rajasthan. BITS, Pilani, Rajasthan offers a 2-year post-graduate degree course along with a 1-year diploma in Business Analytics. These online management programs are Work Integrated Learning Programmes (WILPs) designed for working professionals.
Online MBA in Business Analytics
Duration – 2 years
Tuition Fee – INR 2.42 lakh
Topics included in the course curriculum are-
Financial and Management Accounting
Managing People and Organizations
Quantitative Methods
Strategic Management and Business Policy
Analysis of Competitive Advantage
Predictive Analytics
Foundations of Data Sciences
Operations Management
Analytics for HR
Models in Marketing
Analytics in Retail Industry
Online Post Graduate Diploma in Business Analytics
Duration – 1 year
Tuition Fee – INR 1.21 lakh
The course curriculum includes-
Data Visualization and Communication
Quantitative Methods
Advanced Statistical Methods
Advanced-Data Sciences
Predictive Analysis
Financial Risk Models
Analytics for Investment Banking
Project Management
Managerial Economics
Advanced Statistical Methods
Quantitative Methods
Strategic Management and Business Policy
8. Indian Institute of Management, Kozhikode, Kerala (Via Eruditus)
Name of the Course – Online Advanced Management Program in Business Analytics
Key Features –
IIM, Kozhikode’s Online Advanced Management Program in Business Analytics is a techno–business focussed program. It is one of the most sought-after Business Analytics courses in Ranchi. It is being run in collaboration with Eruditus Executive Education. The course duration is 1 year.
Tuition Fee – INR 2.94 lakh
The curriculum includes-
Data to Information
Intro to R: Collection, Cleaning, and Sources
Business Transformation and Leadership
Analytics for Business Strategy
Basic Statistics and Probability
Linear Regression
Logistics Regression
Time Series Analysis
Prescriptive Analytics – Game theory and Operations Research
Supervised and Unsupervised Machine Learning
Overview of Artificial Intelligence
Building Data-driven Teams
Big Data, etc.
9. Indian Institute of Technology (IIT), Madras, Tamilnadu (Via BSE Institute Limited, Mumbai)
Name of the Course – Online Business Analytics Program
Key Features –
The prestigious IIT, Madras offers a 1-year online Business Analytics Program in which sessions are held on alternate weekends. This program is also a rank-holder amongst the various Business Analytics courses in Ranchi. The program aims to provide in–depth understanding of the tools and techniques used in the field of Business Analytics.
Tuition Fee – INR 2.06 lakh
Some of the topics in the course curriculum include-
Business Metrics
Introduction to Data Sciences
Business Statistics
Tools of Data Visualization and Communication
Time Series Modelling
Regression and Classification for Business Applications
Machine Learning
Statistics using R
Introduction to Applied Business Statistics
Management
Data Management
10. Indian Institute of Management (IIM), Kolkata, West Bengal (Via Hughes Global Education)
Name of the Course – Online Executive Program in Business Analytics
Key Features –
Taking the lead among the online Business Analytics Courses in Ranchi is the Executive Program in Business Analytics offered by IIM-Kolkata. This program extends excellent executive education in the field of Business Analytics. The duration of the program is one year with one session of three hours each every Sunday.
Tuition Fee – INR 4.9 lakh
The curriculum for this course includes:
Mathematics for Business Analytics
Operations Analytics
Time Series Models in Business
Statistics for Business Analytics
Machine Learning
Marketing Analysis
Big Data
Cloud Computing
Data Mining Applications in R
Data Visualization and Descriptive Analytics
Predictive Modelling
Financial Analytics
11. Indian School of Business, Hyderabad, Andhra Pradesh
Name of the Course – Online Advanced Management Program in Business Analytics
Key Features –
This program is designed for management professionals in order to enrich their learning experience with minimal disruption to their professional schedules. The duration of this program is 15 months.
Tuition Fee – INR 10.85 lakh
This career-enriching course trains students in fields like:
Data Management
Programming for Analytics
Statistics
Machine Learning
Artificial Intelligence
Business Ethics
R Programming
Data Science
Data Visualization
Deep Learning
Python
Data Analytics
12. The University of Petroleum and Energy Studies (UPES), Dehradun, Uttar Pradesh
Name of the Course – Online MBA in Business Analytics
Key Features –
MBA in Business Analytics program run by UPES focuses primarily on the application of Business Analytics for Corporate Houses. Out of the many accessible online Business Analytics courses in Ranchi, this is a unique specialization that helps in gaining the knowledge needed to drive key business decisions. The course duration is two years.
Tuition Fee – INR 1.35 lakh
Some of the topics covered in the syllabus of this course include-
Business Modelling with Spreadsheets
Data Environment
Economics and Management Decisions
Operations Research
Executive Communications
Enterprise Risk Management
Consultancy Management
Energy Analytics
Programming for Analytics
Big Data Analysis
Business Process Management
Business Intelligence
13. 360DigiTMG, Ranchi, Jharkhand
Name of the Course – Certificate Course in Business Analytics
Key Features –
360DigiTMG, Ranchi is a pioneer institute for the training of a future-ready workforce. Their Certificate Course in Business Analytics is an outcome of their incessant efforts in the field of designing skill-development programs. As a result, this program is considered to be a well-designed program among the various available Business Analytics courses in Ranchi. The total term of this course is four months.
The Course Curriculum includes:
Hypothesis Testing
Simple Linear Regression
Black Box Technique
Time–Series Analysis
Data Mining – Unsupervised and Supervised
Data Visualization using Tableau and Basic Graphs
World of Maps
Dashboards, and Stories
Multiple Linear Regression
Regression of Attributes
Count Data
Visual Analysis in-depth
Text Mining
Frequently Asked Questions on Business Analytics Courses in Ranchi:
Q.1 Can we pursue a Business Analytics Course after the MBA?
It would be a wise decision to pursue a course in Business Analytics after the completion of the MBA. Many Indian companies are absorbing Business Analytics and Artificial Intelligence professionals to streamline their decision-making process. Hence, it becomes imperative for every MBA graduate to upgrade his/her qualification which is in consonance with the latest technological happenings of this computer era.
Q.2 What are the benefits of the Business Analytics course?
The key benefits of the Business Analytics course are:
The candidates will become technologically sound in learning the application of Statistical Methods for the purpose of business decision-making and forecasting.
Automation of key business processes becomes easy through the usage of Artificial Intelligence and Machine Learning solutions which are an integral part of the curriculum of this course.
Aspirants can get good pay hikes as Business Analytics professionals.
Q.3 Are there any pre-requisite for this course?
This technical course requires certain prerequisites which ensure that the aspirants excel in this field for sure. The candidates must have sound mathematical skills along with basic computer knowledge. Moreover, an analytical mindset and critical thinking would be of added value.
Q.4 What are the learning outcomes from this course?
The learning outcomes from this course are mentioned below:
Learn to forecast the able decision-making for the business.
Attain proficiency in the usage of various Analytics tools.
Learn to build prediction models.
Learn Text Mining to generate Customer Sentiment Analysis.
Q.5 Which Business Analytics course in Ranchi is suitable for me?
There are various parameters for the aspirants while they seek enrolment in a particular course. For some, it is the duration of the course, for others, it might be the timings of the class and for yet another lot of students, it’s the fee structure of the course which is of utmost significance. So, it is better to decide your priority and then compare the offers of the various available Business Analytics courses in Ranchi.
Conclusion
Regarding Business Analytics courses in Ranchi, we can conclude that enrolling in a Business Analytics course can be a smart career move in today’s automated world which is witnessing a steep rise in the demand for well-qualified and trained Business Analytics professionals. Business Analytics is turning out to be the bedrock of the new-age businesses that follow a data-driven approach.
With the apt usage of this approach, they make informed decisions, and thus problem-solving becomes easier. It is estimated that Data creation will touch the mark of 164 Zettabytes by 2025, and so will escalate the demand for Business Analytics professionals who are wizards in deriving meaningful insights from the big volume of Big Data. Hence, this field is the most coveted field of choice amongst management professionals.
Did you know investment bankers are one of the highest-paid personnel in the banking sector? As prospective as this career sounds, it’s equally competitive. Investment bankers synergize their financial expertise with analytical and persuasive skills to help their clients accomplish financial goals. If this piques your interest, then investment banking courses can be your stepping stone to breaking into this field. These courses prepare you to pursue this lucrative career. So, let’s explore the top 10 institutes with investment banking course duration and how they help you up your skills.
The time is always right for those who strive to upskill their financial competence. The same holds true for investment banking. The remunerative realm of investment banking revolves around investments (as the name suggests), raising funds from capital markets, administering securities, and more.
Whether you are a novice exploring a career in finance, an experienced professional, or just graduated, there’s probably a training program for everyone. When it comes to training courses, not all of them are paid. You would be surprised to know how many free courses out there are exceptionally good at imparting knowledge.
However, some paid courses entail takeaways from the real world, thereby empowering you with unique skill sets. These are for those who seek specialization. Let’s break down the courses into two categories – paid and free versions- and explore each of them separately.
Although the term “free” invokes a mixed response of sounding exciting to some candidates and setting many people off, these are the most valuable courses that are often overlooked. Free courses provide substantial training on financial advising, financial risk management, financial and government institution services, and more. Following are some of the top free training courses that are popular.
1. IIM SKILLS
Vaibhav Kakkar is the founder of IIM SKILLS. He started this educational company in the year 2015 with their first course in content writing. IIM SKILLS is headquartered in Delhi and operates globally through an online platform.
They now have a wide range of certified courses that they offer on a digital platform which gives their students learning in their comfort zones with their current commitments.
Among the list of their high-ranking courses, the Investment Banking Course has top ratings. The investment banking course syllabus by IIM SKILLS covers all the important topics that are as per the current market standards.
It is a 3-month course that has live training sessions with weekly practical assignments followed by a 1-month guaranteed internship. IIM SKILLS also gives 100% assurance on job placements after completing the course.
Key Benefits You Have With IIM SKILLS:
Certifications which has global recognition.
Guaranteed internship.
Guaranteed job placements.
100% focused on practical & tool-oriented training.
Live recordings of the live training sessions are shared after every training session with each of their course participants.
zero charges with lifetime access to their learning materials.
24*7 helpline services to guide and support their student to achieve their career goals.
Full assistance in portfolio building & interview preparations.
2. Erasmus University, Rotterdam – Advanced Valuation and Strategy
Designed to impart an in-depth understanding of financial valuation strategies and techniques used by analysts and investors, this course trains students on how to evaluate various investment opportunities.
Investment Banker Course Duration: 4 weeks
Format: Online
Offered By: Erasmus University, Rotterdam
Course Overview:
Financial Modeling: This covers complex financial models to analyze and evaluate a wide range of investments, such as equity and debt securities, derivatives, real estate, and more.
Financial Valuation Techniques: This includes basic and moderate valuation techniques to evaluate companies and investments, including option pricing models and real options analysis.
Portfolio Risk Management: Managing risk and building a diversified investment portfolio are covered in this module. This includes portfolio optimization techniques.
Corporate Finance Strategies: Capital structure optimization, share repurchases, and dividend policy are some of the top advanced corporate finance strategies covered here.
Wall Street Mojo offers a free online course on investment banking. The course lasts for about 30+ hours and covers all the basics. It is designed to provide students with an in-depth understanding of the investment banking sector.
Investment Banker Course Duration: 30+ hours
Format: Online
Offered By: Wall Street Mojo
Course Overview:
Financial Statement Analysis: The students are trained to read and analyze financial statements, such as income statements, cash flow statements, and balance sheets.
Valuation Strategies: This involves evaluating a business using multiple techniques, such as Comparable Company Analysis (CCA), Precedent Transaction Analysis (PTA), and Discounted Cash Flow (DCF) analysis.
Merger and Acquisition Modeling: Candidates learn to create financial models for analyzing mergers and acquisitions.
Leveraged Buyout Modeling: Here, training is provided to build financial models for analyzing leveraged buyouts.
4. Bocconi University – Private Equity and Venture Capital
This course is divided into four modules and the training given in one module builds on the skills imparted in the previous module. Such gradual knowledge-building empowers candidates to go out and explore new opportunities.
Investment Banker Course Duration: 4 weeks
Format: Online
Offered By: Bocconi University
Course Overview:
Basics of Venture Capital and Private Equity: This covers the history of venture capital and private equity, various types of venture capital and private equity firms, and key industry players.
Assessment Techniques: Explains how to evaluate companies through Discounted Cash Flow (DCF) analysis, Precedent Transaction Analysis (PTA), and Comparable Company Analysis (CCA).
Deal Structuring: Elucidates how private equity and venture capital deals are structured. This includes the terms of investment and control provisions.
This course is ideal for beginners and provides a primer on essential topics, which can be fortified with additional courses. The best part is it provides the foundation for a career in investment banking by covering all the basics.
Investment Banker Course Duration: 3 hours
Format: Online
Offered By: Khan Academy
Course Overview:
Financial Statements Analysis: Explanation on how to analyze a company’s financial statements, such as balance sheet, income statement, and cash flow statement, to assess its financial health.
Financial Modeling Strategies: It trains candidates to build financial models to forecast future performance and determine a company’s intrinsic value.
Valuation Models: This includes valuation techniques used by investors/analysts to estimate Discounted Cash Flow (DCF) analysis, Precedent Transaction Analysis (PTA), and Comparable Company Analysis (CCA).
Investment Analysis: Explains evaluation techniques to identify potential investment opportunities, such as stocks, bonds, and other securities.
6. Udemy
Advanced Valuation and Strategy course focused on M&A, Private Equity, and Venture Capital provides students with an in-depth understanding of valuation techniques, financial modeling, and strategic considerations related to mergers and acquisitions (M&A), private equity, and venture capital transactions.
Investment Banker Course Duration: 1 hour 10 mins
Format: Online
Offered By: Udemy
Course Overview:
M&A Analysis: This includes building complex financial models to analyze and value potential merger and acquisition transactions, including cash and stock deals, accretion/dilution analysis, and pro-forma analysis.
Private Equity and Venture Capital Valuation: This involves learning financial models to evaluate investment opportunities in private equity and venture capital, including leveraged buyouts (LBOs) and early-stage start-ups.
Strategic Considerations: Here students are taught to evaluate strategic considerations related to private equity, venture capital transactions, and M&A. It also includes deal structuring and post-merger integration.
Due Diligence: Candidates will be trained to conduct due diligence in the context of private equity, M&A, and venture capital transactions.
If you plan to spend your hard-earned money on training and education, then it better be on courses like these. The following courses are sure to give you a head start in the investment banking path of your choice:
7. Charted Finance Institute
This is an online certification program offered by the Corporate Finance Institute (CFI). The program is designed to provide candidates with the necessary skill sets to build financial models and perform valuation analysis in professional settings.
Excel Skills: Students learn to use advanced Excel functions and tools, such as macros and pivot tables, to build financial models.
Financial Forecasting: Here, forecasting models are built in Excel, which are used to forecast, budget, and make informed financial decisions.
Business Valuation: Students are trained to evaluate company assets using multiple valuation methods, including discounted cash flow analysis, precedent transaction analysis, and comparable company analysis.
Corporate Finance: Candidates learn about various aspects of corporate finance, such as capital structure, capital budgeting, and dividend policy.
8. New York Institute of Finance (NYIF)
This course provides participants with a basic understanding of the investment banking sector and the skills required to succeed in the niche. Always offered by a professional organization, you can expect this course from the Chartered Financial Analyst (CFA) Institute or the Investment Banking Council of America (IBCA).
Investment Banker Course Duration: 30 hours
Format: Online
Cost: $990
Offered By: New York Institute of Finance (NYIF)
Course Overview:
Economic Analysis: The course explains the analysis of financial statements and company performance to assess investment opportunities.
Monetary Valuation: Candidates learn to evaluate company assets using various methods, including discounted cash flow analysis, comparable company analysis, and precedent transaction analysis.
Mergers and AcquisitionsProcess: Clearly explains the M&A process, including deal structuring, post-merger integration, and due diligence.
Capital MarketsAnalysis: Here various types of capital markets are analyzed by the students and they learn how investment bankers help businesses raise capital through debt and/or equity offerings.
9. M&A Science Academy
M&A Science Academy is an online learning platform that offers a wide range of courses on mergers and acquisitions. This particular course is designed for professionals who plan to work in M&A and teaches the practicalities of working in this sector.
Investment Banker Course Duration: 100 hours
Format: Online
Cost: $175/month
Offered By: M&A Science Academy
Course Overview:
M&A Foundation: All the basics of M&A are covered here, including deal types, deal structures, and the M&A process.
Due Diligence: This includes an introduction to the due diligence process, including legal, financial, and operational due diligence. Identifying and mitigating risks in M&A transactions are also included in this.
Post-merger Integration: This entails post-merger integration, including cultural integration, change management, and communication.
Post-merger Valuation: This covers valuation techniques, such as comparable company analysis, discounted cash flow analysis, and precedent transaction analysis.
10. Harvard University
This is an intense course that covers 7 hours of material every week for 5 weeks. Although this sounds simple, the material is challenging and keeps the students on their toes. However, this course is for those who already have post-graduate or undergraduate degrees in finance.
Investment Banker Course Duration: 5 weeks
Format: Online
Cost: $1600
Offered By: Harvard University
Course Overview:
Overview of Alternative Investments: Students learn about various types of alternative investments and their unique characteristics, such as liquidity, return, and risk.
Venture Capital and Private Equity: Candidates are taught to help companies invest in private holdings, such as venture capital, leveraged buyouts, and more.
Real EstateInvestment Options: This includes investing in residential and commercial real estate, including financing, management, and property valuation.
Commodities: Students learn about investing in commodities, such as oil, agricultural products, and gold, along with the unique risks associated with such investments.
11. Institute of Mergers and Acquisitions (IMAA)
This course is offered by IMAA, which is a breeding ground for world-class investors. Although the cost looks like a drawback, updates on financial concepts and an academic degree make this course a worthy investment. So, this course is mostly chosen by students from finance or finance-related backgrounds.
Offered By: Institute of Mergers and Acquisitions (IMAA)
Course Overview:
Cross-Border M&A Strategy: This includes strategic considerations involved in cross-border mergers or acquisitions, and includes target identification, deal structuring, and market analysis.
Due Diligence: Here due diligence is conducted in the context of cross-border transactions, such as regulatory, financial, and legal due diligence.
Legal and Regulatory Considerations: The legal and regulatory frameworks are explained to the students. This framework governs cross-border transactions, such as foreign investment regulations, tax laws, and antitrust laws.
Valuation and Financial Modeling: Students are exposed to valuation and modeling cross-border transactions, including managing the risks associated with foreign currencies, cultural differences, and cross-border synergies.
Investment Banker Course Duration – The Key to All Your Duration-related Queries
The duration of an investment banking course varies depending on the type of course and the level of expertise being offered. Here are some popular investment banking courses and the duration needed to complete these:
Basic and Introductory Courses: This course ranges anywhere between a few hours a week and a few days. The duration varies based on the number of topics covered.
Advanced Investment Banking Courses: These types of courses generally range from a few weeks to a few months and in some cases it takes up to a year or more.
Professional Certification Programs: Investment banking certification programs, such as the Certified Financial Model and Valuation Analyst (FMVA), take several months to complete. These programs require participants to complete multiple modules of online courses and clear the test to get certified.
Graduate Programs: Investment banking degree programs, such as a Master of Business Administration (MBA) with a focus on finance, take 1 to 2 years to complete. These programs are a blend of carefully curated coursework and practical experience, such as case studies and internships.
Apart from these, it’s essential to note that the duration of a course may depend on the level of commitment and pace of the participants. Some courses are completed at a faster pace or offer flexible timelines to accommodate various learning styles and schedules.
Top Trends to Watch Out
If you are curious about the investment banker course duration and are eager to make a career in this field, here are some top trends for you to watch out for.
Digital Learning: The COVID-19 pandemic induced a significant paradigm shift towards digital learning. Investment banking courses are not an exception and institutes continue to offer more digital options to accommodate candidates who prefer remote learning.
Technology-focused: Like any other industry sector, investment banking is becoming increasingly technology-driven. So, the revised courses emphasize automation, artificial intelligence, and data analytics.
Sustainability: Environmental, social, and governance (ESG) investing is a crucial aspect that investors keep an eye out for. Hence, investment banking courses include chapters on topics such as responsible investing and sustainability.
Communication and Interpersonal Skills: Investment bankers deal with larger corporations, high-net-worth individuals, and other prominent entities. So, their soft skills matter as much as their technical knowledge. Strong communication and interpersonal skills are also included in the training programs to help students stand out in the job market.
Specialized Courses: As investment banking is a broad field, courses are fine-tuned and specialized to fit specific areas of expertise, such as real estate, technology, and private equity.
Career Advancement Options in Investment Banking
Investment banking is a highly competitive field, but there are several career advancement options available if you are willing to work hard and stay committed. Some of these options include:
Intra-organizational Promotions: Investment banks have a hierarchical structure with various levels. These start with the position of an analyst and gradually rise to sequential positions of associate, vice president, director, and managing director. Advancement within an organization is possible through dedication, efficient work, and strong performance.
Switching Organizations to Explore Evolving Positions: If you are an experienced investment banker, then you can switch companies. This helps you take on higher roles or explore a new area of expertise. Positions like these also offer much higher payments and benefits, which are otherwise hard to get.
Exploring Venture Capital and Private Equity Firms: You can transition to venture capital and private equity firms. Here, you can leverage your expertise to assess all the lucrative investment opportunities and manage advanced investment portfolios.
Corporate Finance: As an investment banker you can easily transition to corporate finance roles. Here you can work for large corporations and manage the company’s finances and investment strategies.
Entrepreneurship: Does this sound like the most dreaded term? Well, not anymore. As digitization expands and reaches new realms, investment bankers are working remotely by leveraging their skill sets. You can either start your own business or work for a budding firm.
Frequently Asked Questions (FAQs) Related To Investment Banker Course Duration
Here are some frequently asked questions on investment banker course duration:
What are investment banking courses?
Investment banking courses are educational programs that impart to individuals the skills and knowledge required to work in the investment banking industry.
What are the prerequisites to take investment banking courses?
Prerequisites typically vary based on the complexity of the course. Most of the advanced training programs require a basic understanding of accounting and finance. Some courses may also require prior work experience or completion of other foundation training.
Who should take investment banking courses?
Investment banking courses are suitable for any individual who is interested in investment banking or related fields. However, the courses are highly beneficial for finance and accounting students, recent graduates, and experienced professionals looking to transition into their careers.
What are the benefits of taking investment banking courses?
Investment banking courses offer numerous benefits. These include career advancement opportunities, improved job prospects, networking opportunities, personal growth, skill development, and more.
Do investment banking courses guarantee a job in investment banking?
No, investment banking courses do not guarantee a job. However, the training providers offer personalized placement assistance for all candidates. Growing from there depends on individual skills and capacities. Training programs also provide networking opportunities, which are the goldmine of lucrative career options. The job market is always impacted by prominent factors such as professional experience, individual performance, and market conditions.
Summing Up
Investment banking courses offer several benefits. This is a highly competitive field, and having specialized knowledge and training can give you an edge in the job market. Employers often look for candidates who have completed relevant courses or certification programs. These courses help you develop the skills and knowledge needed to fast-track your career. Be it taking on higher-level roles, exploring newer areas of expertise, or transitioning into related fields, this course equips you with everything that you want to accomplish.
Completing courses formally offers networking opportunities with industry professionals, such as guest speakers and instructors. This is a terrific way to make connections and tap into new job opportunities in the field. These courses are surely challenging. However, it helps you develop resilience, a strong work ethic, and problem-solving skills. These skills are invaluable not just in your career, but also in your personal life. Overall, investment banking courses are a valuable investment that helps you accelerate your career and boost your personal development.
The business analytics certification in India helps to identify skilled professionals in business analytics to associations seeking these in-demand skills. With the help of this certification, one can learn how an analyst describes, predicts, and also informs the decisions of business in the specific areas of human resources, marketing, finance, and many more.
Business Analytics Certification in India is very common nowadays because many firms are searching for well-trained employees in this field as there is a lot of demand for expertise in the young markets these days. One needs to have a clear idea of business analytics so that one can proceed further to create a strong career relying on this field. For help, information is provided below in detail.
What is Business Analytics?
In simple terms, Business Analytics is a type of technology or skill that investigates past performances to improve insights and business planning. It involves the iterative process and also an exploration by methods of an organization’s data which emphasizes the analysis statistically to improve decision-making.
Companies that are data-driven treat their data as an asset of the business and actively look for ways that it can be turned into a competitive advantage. There are some things on which success with business analytics depends – data quality, a commitment to using data to gain insights that inform business decisions, and skilled analysts who understand the technologies and the business.
How does Business Analytics Work?
Business Analytics starts with the foundational process before any data analysis takes place:
The business goal of the analysis should be determined.
An analysis methodology is to be selected.
Get business data often from various systems and sources to support the analysis.
On a smaller sample data set of data, an initial analysis is performed. In the raw data patterns and relationships are revealed. A statistical process known as scoring is involved in deploying predictive models and using the records in a database. The enterprises make more real-time and informed decisions within applications and business processes with the help of scores.
In response to unforeseen events, Business Analytics also supports tactical decision-making. To support real-time responses, often decision-making is automated using artificial intelligence. There is also a life cycle in business analytics, it is a scientific method for Analytics, a true and tried way of doing things.
Crisp-DM is the most common business analytics life cycle. This business analytics life cycle starts with business understanding which is followed by data understanding then data preparation then modeling and then lastly evaluation and deployment of the model.
What Are the Types of Business Analytics?
There are three types of business analytics used by analysts to help their businesses grow and to work on data. They are: –
a) Descriptive Analytics – It naturally deals with what happened in the past solving the present business problem. Analysts review past data to understand and analyze past trends and make use of it. Data mining and data aggregation techniques are mainly used in this which is one of the most basic types of Analytics.
It allows easier access to data to the members of an organization such as investors shareholders marketing executives and sales managers. It can provide inside into client behavior as well as aid in the identification of strengths and short comments which helps in the development of targeted marketing strategies.
b) Predictive Analytics – It generally deals with what might happen in the future. After carefully analyzing and understanding the data one makes predictions about customer behavior based on the data received. To perform predictive analysis machine learning specialists are used. Rather than only using business intelligence they will be able to obtain a high level of accuracy. It is also closely related to the third type of analytics which is predictive analytics.
c) Prescriptive Analytics – It makes recommendations for the next best force of action and also goes beyond predictive analytics. It advises the correct steps required to achieve the intended conclusion as well as all the desired outcomes based on a given force of action. There are two factors on which it is primarily based –
1) A robust feedback mechanism
2) Continuous iterative analysis
This analytics discovers the connection between acts and their consequences. The popular application of this form of analytics is the creation of recommendation systems. There is also another type of analytics that is not one of the main types of business analytics which is Diagnostic Analytics.
d) Diagnostic Analytics – This type of analytics identifies the elements that influence friends and AIDS in shifting the focus from past to current performance or occurrence. Determining data Discovery and drilling down are the techniques that are used to find the root cause of occurrences. Diagnostic analytics uses likelihoods and probability to explain why events happen.
What Are the Components of Business Analytics?
Like any other field, Business Analytics is also comprised of multitudinous factors that one must see before picking it up as their career path. Each of these factors is inversely important and serves some purpose in the larger picture of data-driven analytics.
To understand the individual factors of Business Analytics, an understanding of the overall business analytics process can be largely important. The process of business analytics starts from realizing that there’s some case or there’s a scope for enhancement.
This is where good business wit is needed whereby reasoning the inner working of the business, one can support and guide in the area of interest. The coming step is frequently retracing the way and checking if the process is going in the right direction or not. This is where business analysts must check the commodity that they’re esteeming as a problem or scope of enhancement exists or not.
Once all of this is cross-checked, then business analysts need to identify the relevant data wanted to do the job. This includes the identification of the data source, the type of data needed, the quantity of it, and the format in which it can become useful.
This is where Data engineers also come into the scene as they’re frequently responsible for creating the architecture to perform ETL operations that permit the Business Analysts to get hold of relevant data in a fairly short period.
Once the data is achieved, it’s treated, cleaned, prepared, and eventually put to apply. Here various methodologies are put to the position that provides miscellaneous sort of information from the data. While some are just factual in nature, some give predictive information.
All these aspects of the analytical process form the distinctive factors that are namely: –
a) Data Aggregation –
Data application is a type of process in which data is expressed and gathered in the form of a summary. From multiple sources atomic data rules typically gathered are replaced with summary statistics or totals. Based on those of the vision the groups of observed aggregates are replaced with summary statistics.
Aggregate data can dramatically reduce the time to query large sets of data and can also give answers to analytical questions, so the data is typically found in a data warehouse. The process of data aggregation is frequently used to create useful summary data for business analytics and to provide statistical analysis for groups of people.
A data aggregator is a software tool through which aggregation is often done on a large scale. In a reasonable time when data aggregation can enable analysts to examine and access large amounts of data.The most important and frequently existing data can benefit aggregation as the amount of data stored by the organization.
Data mining for business analytics filters through a normal data set using statistics machine learning and database says to detect trends and establish links. To uncover patterns in data so they can learn more about products and customers’ internal processes and more they utilize programming languages like R and Python.
Data mining mainly looks for data in analytics and is a process of getting information from larger data sets. The rules or patterns are known from the start of data mining. It relies on human decisions and involvement. It extracts the information from data sets and compares it which helps a business to make decisions. Though data mining is utilized in Data Analytics they are not the same.
c) Text Mining –
Text mining is also sometimes known as text analysis it is an automatic process. Natural language processing is used to extract valuable insights from unstructured text. It is a process that explodes and analyzes large amounts of constructor data aided by software that can definitely identify keywords concepts topics and other attributes in data.
With the help of text mining complex and large sets of data are being analyzed by the businesses in a fast, effective, and simple way. The algorithm of text mining also helps to identify the trendy topics in the comments of the customers and the way they feel about those topics.
The main keywords can also be identified about a given topic by the customers. Due to the development of deep learning algorithms and big data supplied forms that can analyze massive safe of constructor data text my name has become more practical for data scientists and other users.
d) Forecasting –
Forecasting is utilized by businesses to determine how to distribute their budgets or plan for predicted expenses for the future and it is based on projected demand for the services and goods offered.
It is utilized by companies to estimate other data or estimate earnings for subsequent periods in finance. Forecasts are used in valuation models by traders and analysts, to identify trends and to time trades. Forecasts must be often revised as the future is uncertain, and real results can vary to a great extent.
e) Optimization –
Optimization is the process of making improvements to a business strategy or process in order to reduce prices or efficiency in business and increase revenues. It is also an important factor in the market economy. It can be done when the resources can be used more efficiently, investing in labor technologies or cutting prices.
Once, the predictions have been made and the patterns have been discovered, to test out best-case-out scenarios, businesses can use simulation tools. It is the search for the most effective and best solution. It also benefits the market by reducing the heavy burden of responsibility and inefficiencies.
f) Data Visualization –
The practice of transforming raw information like numbers, texts, or symbols, into a graphic format is known as Data Visualization. To show logical interrelations between units and define inflations, tendencies, and patterns, the data is visualized with clear intention.
Visualization can be done in a suitable format, depending on the type of data itself and the logical connection. Indeed, data visualization is storytelling and the more the data is collected the more accurate and genuine the story becomes, due to which it becomes easy to deliver and also forms a strong message. It provides actionable and clear insights into the business process.
g) Association and Sequence Identification –
Association and sequence Identification is involved in business analytics. It is a process that refers to the identification of predictable actions. These are carried out in a continuous order or in co-occurrence with other acts.
Association – for example, multiple books or toothbrushes and toothpaste frequently being purchased in the same transaction.
Sequencing – for example, a customer booking an airline ticket followed by a reserving car or booking a hotel room.
Top 3 Institutes for Business Analytics Certification in India
Business analytics certification in India has become a rapidly evolving field, and pursuing a career in it can help many students to learn the importance of analytics and make the most of the data. Business analytics certification in India is available as part of a fight time full-time executive MBA program. Apart from this students can put you online business analytics certification in India as well as a diploma.
1) Excelr- Raising Excellence –
It is one the best institute in Bangalore providing business analytics certification. ExcelR’s Business Analytics Course with Excel, Tableau, MySQL, Power BI, Agile, and more applicable tools is a good course, and comes with profound interview preparation from Day 1, to prepare the students to secure their dream job with this institute’s network of 2000 hiring partners.
Program Highlights
Top-notch faculty- the trainers of this Institute have at least 12 years of Experience and all are passionate about the training
Exhaustive course curriculum – The curriculum of the scores is adapted to provide practical subjects with the Theory.
Boot Camps and Real-life Projects – to get application knowledge students will work on real-life Data Analytics scenarios from various domains
Skills Covered
database concepts
data analysis concepts
functions charts and slicers
data visualizations
The certification
There is three in one certificate provided by this Institute
course completion certificate from Excel arts
IBM certification
internship certificate from the AI variant
Course duration and fees
The course provides 180 hours of learning and the course duration is of 6 months. The average fee for this course in classroom training costs 64999/- and in a live virtual classroom the average fee costs 49 999/-.
The 10.5- month online Integrated Program in Business Analytics (IPBA), by the Indian Institute of Management, Indore, is a robust state-of-the-art program for aspiring leaders.
Apart from that, the course exposes its learners to cutting-edge advanced motifs and technologies Like Big Data, Statistical Modelling, Data Visualization, Machine Learning, and so on to support them address complex business challenges optimally.
One another point that sets it apart from other Business Analytics certification in India is the Executive Education Alumni status of IIM Indore. The program offers access to IIM Indore’s vast network by giving learners lifetime access to all the IIM alumni benefits once they make a one-time cost (which is an additional cost over and above the program cost).
Program Highlights
It conforms to the 5 D Framework of Business Analytics, designed and provided by the best heads from IIM Indore & UNext.
Through exclusive Kaggle’s in-class competitions solve real-life business challenges.
Through self-assessment, effective understanding and retention of the knowledge
quizzes & assignments.
For hands-on learning practice, bring Your Own Project (BYOP) feature.
Throughout the course, concepts were covered with the help of case studies.
22 Months of Access to UNext’s Learning Management System Content.
By paying a one-time charge (which is an additional fee over and above the program fee), get IIM Indore’s Executive Alumni Status* of INR 1,000/- (plus GST) per person for two years and INR 10,000/- (plus GST) per person for a lifetime.
The Certification
By IIM Indore, the certificate is awarded.
Course Duration and Fees
The duration of this course is 10.5 months and the average fee can also be paid in easy EMI – INR 20,049*/month for 18 months. The classes are provided on weekends.
3) Indian Institute of Management Kolkata –
There will be some traces of ignorance in handling the business although the business was established a long time ago. Business Analytics deals with modeling and statistical tools that support to detect the profitable client, proper placement of innovation in clients’ heads, gaining the minute financial matters, and making better opinions. These skills need data analytics and the managers’ critical thinking. It provides a course named Executive Program on Business Analytics (EPBA).
Program Highlights
This program aims to extend excellent skills for executives in business analytics.
This program helps the executives and highlights their leadership skills.
Professionals who want to make a career in business analytics can apply for this course.
This course demands knowledge of high academy mathematics or higher mathematical techniques.
The Course Duration and fees
The average fee for this course is 5,10,000 INR plus taxes and the duration is one year. The mode of learning, here is hybrid (campus visit for 8 days)
What is the Importance of Business Analytics?
Business analytics has many moving parts, so it is obvious that one may not understand why it is used in companies in the first position. To begin, business analytics is the device that one company requires in order to make accurate opinions. These opinions will most probably have an effect on the whole company because they will support enhancing profitability, and market share, and deliver a developed return to potential shareholders.
There is no disputing that technology has an effect on consequently numerous enterprises, but when exercised rightly, business analytics has the potential to enhance one’s business by delivering a competitive advantage to a number of enterprises.
Advantages of Business Analytics
Business analytics has multitudinous advantages, whatever the size of a company or the industry in which it works. One of the topmost advantages is that it allows a company to prepare for the unanticipated. In an association’s deals, earnings, and other vital indicators, business analytics can forecast unborn patterns by modeling current trends.
Companies can now note changes that may take place annually, seasonally, or on any scale, giving away the opportunity to prepare and frame ahead. To prepare for an unhurried season, one may need to slice back on spending or involve in fresh marketing strategies. To estimate order quantity and waste with business analytics larger organizations may detect it easier.
One company can also utilize business analytics to try new marketing tactics and can analyze the impact of advertising campaigns on distinctive followership and demographics since business analytics gives data about client behavior.
One can also explore delivering targeted deals to reclaim the client’s business if it can be discovered that they’re less likely to return. There will be a competitive advantage over the competition when business analytics will be utilized for advantage, whatever of the industry.
Challenges Faced in Business Analytics
For newcomers, you will have the most success with it if everyone in your association is on board with its relinquishment and perpetuation. It’ll invariably bear top leadership buy-in and an outlined commercial unreality. This should also carry specific, quantifiable aims to help people who are reluctant to accept business analytics advantages.
Business analytics, in addition to supervisory ownership, necessitate IT involvement, i.e., the proper IT framework and tools to manage the data. For business analytics to be authentically prosperous, business and IT crews must collaborate.
Make sure you have the necessary project supervision software in your position to apply predictive models and take a graceful approach while you are at it. It’s overcritical to stay promised to the end result during the early months of an analytics project.
Stay promised, even if the cost of analytics software is significant and the return on investment is not immediate. Over time, the analytical models will enhance, and forecasts will run more accurately. A company that fails to make it through the investment period is likely to abandon the notion altogether.
Is Business Analytics Certification Worth It?
Short or part-time business analytics certification in India and online programs can provide valuable skills. Scholars and professionals can have a positive and productive effect on their literacy industrial career after completing an online business analytics certification in India or a program.
What and how- Respondents understand their responsibility while dealing with industry work and getting their control dirty in the water of practicality and workability. After completing business analytics certification in India, scholars can get better positions within a company.
They know their titles changing. May gain a promotion. Many understand if it’ll be better to go for an advanced degree after completing the business analytics certification in India with a genuine educational institution.
Skills Required for Business Analysts in India
Need to understand the business objectives.
Analytical and critical thinking is required.
Should have communication and interpersonal skills.
Should a have the skill to negotiate and analyze the cost-benefit?
Decision-making skills should be strong.
Should have some knowledge of Programming Languages.
Required the skills to create reports and dashboards.
FAQs: Business Analytics Certification in India
1) What does Business Analytics Certification in India actually do?
Business Analytics Certification in India helps to develop an understanding of business operations, improve efficiency, predict customer demands, monitor production, and many more.
2) Who is eligible for business analytics certification in India?
Students must complete their undergraduate degree from a recognized Indian University with a specialization in any subject.
3) What is the average duration of a Business Analytics Certification in India?
The average duration of business analytics certification is about 6-12 months.
