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.
Data analytics is all about examining data gathered from many sources, and then turning it into something significant that others can understand. Visual representations of the end result, such as graphs and charts that show the research’ precise findings, are all parts of it. Let’s today look at two organizations that offer data Analytics course. Here is a detailed review of IIM SKILLS vs Coursera Data Analytics Course.
Who is a Data Analyst and How to Become One?
A data analyst is in charge of gathering, and analyzing data that may be applied to better business judgments. They need to be able to explain their results clearly to people who will be making the choices. Data analysts frequently have excellent backgrounds in computer science and mathematics.
Having a high earning potential and a rising need for qualified workers make being a data analyst a desirable career choice.
An Instruction Manual on How to Become a Data Analyst is Provided Below:
Learn the Fundamentals of Data Analytics
It’s crucial to establish the foundational tenets of data analytics before starting on the path to becoming a data analyst.
Additionally, you must learn how to use a variety of data analytic tools, including advanced Microsoft Excel, SQL, Python, and R programming, as well as Spark and Hadoop for sophisticated computations. Additionally, you can produce spectacular visuals that help bring your data to life with the use of tools like ggplot2, Tableau, or Matplotlib.
Data Analytics Courses
These courses will provide you with a solid foundation to help you grow your skills throughout time.
Focusing on getting practical experience by working on problems from the real world is essential as you grow. As a result of this experience, your capacity to demonstrate your talents to potential employers will increase.
In addition, networking is crucial in many fields, including data analysis. By taking part in hackathons, going to meetings, and joining data analysis forums, you may network with other industry specialists and learn from their experience. It could provide you with new opportunities and help you stay current with industry trends.
Working on a Variety of Projects
It’s important to initially have a solid understanding of the fundamental tools and abilities needed for the position if you’re interested in becoming a data analyst. You may use your knowledge to work on projects in the real world after you have a firm understanding of these principles. It’s also critical to keep up with the most recent tools and technologies being utilized in the industry to be a great Data Analyst.
Spreadsheets, querying languages like XML and SQL, programming languages and frameworks like Python, R, and Hadoop, and visualization tools like PowerBI, Tableau, Matplotlib, Plotly, and Bokeh are just a few of the crucial tools and abilities needed for data analysis. Additionally, knowledge of popular tools for data analysis, such Google Analytics and Adobe Analytics, can be quite valuable.
It’s imperative to work on projects that cover all aspects of data analysis in order to gain practical experience, including investigating businesses and market opportunities, finding and gathering pertinent data, cleaning and preprocessing that data, and modeling and analyzing it using specially created algorithms.
Once you’ve gleaned insights from your investigation, it’s critical to make them accessible to viewers through lovely visualizations or interactive dashboards.
To advance and demonstrate your skills as a Data Analyst, you must work on a variety of practice projects that give you the chance to work with various data types. Making predictions and determining causation may include processing audio, processing video, dealing with text and pictures, and mining structured data.
You will be able to develop and show off your abilities in statistical analysis, data modeling, and machine learning—all of which are essential for success as a data analyst—by taking on these various projects. You may also acquire the soft skills that set top-performing data analysts apart from their contemporaries by working on a variety of projects.
It’s important to think about how you’ll present your data expertise to companies if you’re hoping to work as a data analyst. Sharing the code you’ve developed on websites like GitHub is a key first step in developing a professional portfolio. It allows you to demonstrate your technical prowess and compile a portfolio of your best work.
It’s crucial to choose data projects for your portfolio that you are actually interested in. It will make the task more interesting and inspire you to finish it. After deciding on a subject, create a question that may be addressed using facts, then employ your analytical abilities to discover the solution.
An excellent method to show off your data analysis skills and leave a lasting impression on potential employers is to complete a data project successfully.
Apply for Jobs as an Entry-Level Data Analyst
For people with data skills, the field of data analytics provides a variety of work prospects. Data analyst, business analyst, data scientist, data engineer, data architect, and marketing analyst are a few well-known jobs that need proficiency in data analysis.
New applications for data analysis are, however, continually being created as the discipline of data analytics continues to evolve. As a result, job descriptions and duties may alter and grow in the future.
Keeping up with the most recent data analysis tools and technologies and consistently honing your abilities via practice projects and practical experience are crucial for increasing your chances of success. By doing this, you may establish a solid body of work for your portfolio and establish yourself as a highly qualified and in-demand data specialist.
This organization is considered as one of the top suppliers of online programs with a professional skills emphasis. Being a student-friendly institution, the main reason this organization was founded was to help bright, young people land jobs with reputable businesses.
These professional courses cover everything from the most elementary to the most complicated areas through a blend of theory and practicals.
With excellent professional courses that increase your competence, sharpen your existing abilities, and prosper in the workplace, IIM SKILLS supports you in achieving your goals. These courses are applicable to both careers and industries. The course material is carefully planned to help students develop their abilities and receive the best instruction.
Data Analytics Course at IIM SKILLS: An overview
Tools and software expertise are necessary in today’s computer and technology-driven environment to succeed in any given industry. While AI bots cannot totally replace human intelligence, they can certainly contribute by streamlining and automating some processes. These large instruments end up being much more crucial in the case of data.
In light of this, at IIM SKILLS they make it a priority to strengthen your working understanding of the essential tools for the data analysis sector. Consequently, you will receive training in this direction to give you a competitive advantage when applying for positions in the real-market business. You will be able to shine and truly make a difference in demonstrating your professionalism at the job if you possess the necessary tool and software expertise. It will not only enable you to make the most of your data drills but also unlock your hidden potential.
Course Modules
IIM SKILLS has developed this advanced data analytics course to teach and educate students about the real-world trends of data analysis in recognition of the growing relevance of data in market trends. This excellent program puts the complexities of Data Analytics front and center to prepare you for employment as soon as you finish the course.
Below Are the Course Modules:
Data Analytics Using Advance Excel (9 Hours)
Data Analytics Using VBA (15 Hours)
Data Analytics Using SQL (39 Hours)
Data Analytics Using Power BI (24 Hours)
Data Analytics Using Python-1(10 Hours)
Data Analytics Using Python-2 (10 Hours)
Data Analytics Using Tableau (15 Hours)
R For Data Science (20 Hours)
Data Analytics Using Alteryx (18 Hours)
Course Objectives
This sophisticated Data Analytics course is designed by professionals with the following specific objectives in mind:
To acquaint learners with the fundamentals of data analysis, including its many forms, data mining, etc.
To enable students to do data-pulling, -cleaning, -manipulating, and -analyzing business analytics jobs.
To increase your understanding of how to use data analytics tools like Excel, Power BI, and Tableau.
Using Python as an alternative to spreadsheets to handle datasets
To have a thorough understanding of statistical Data Analysis, which supports corporate decision-making
Features of the Course
Free Trial
You are welcome to participate in a brief trial demo session at IIM SKILLS to get an idea of the format, speed, and mentor’s teaching style. You may move to enroll yourself in this excellent data analytics education program after you feel at ease with the demo session.
Learning Materials
Our comprehensive Learning Management System (LMS) offers a library of pre-session readings, recordings of sessions, and other reference materials to help you progress step-by-step. In the LMS, you may keep track of your progress and obtain any additional materials as needed. No time limits, restrictions on the amount of views, etc.
Outstanding Faculty
The genuine glory of the institute is its outstanding professors, each of whom has years of expertise in their field. In addition to being skilled experts with in-depth topic knowledge, they also possess a deep understanding of effective instructional techniques. Before presenting you to more advanced concepts, tools, and practical advice, they cover the basics.
But there’s more! Making the most of the acquired abilities will enable you to tackle challenges encountered in the field. Mentors provide trade secrets among other things to prepare you for potential issues at work.
IIM SKILLS’ Master Certification Data Analytics Course
IIM SKILLS, a reputable brand in the field, provides a master’s certification in Data analytics. You may attract potential employers by adding the shareable certificate to your accounts on LinkedIn and other social media platforms. Additionally, you can include it in your resume and CV to increase your employability in the eyes of recruiters.
Special Features of This Course:
Live Data Analyst Training for 6 Months
160 hours of lectures, 100 or more hours of practical assignments, and tool-based instruction
Master 7+ Tools | 7+ Live Projects | 10+ Case Studies
IIM SKILLS’s Data Analytics Master Certification is acknowledged by the Indian government.
How to take IIM SKILLS Data Analytics Course
Registration
Registration is the first step in enrolling in this popular Data Analytics course. You can gain access to your LMS account by entering your name, email address, and phone number, followed by the payment of the course cost. The module will include information from all of the course modules and pre-study materials to assist you in determining your course objectives. Access your account and fully explore the course’s components.
Choose Your Batch
The last step is to choose a batch—weekday or weekend, whichever suits your schedule best. You may choose your batch easily depending on your work schedules, past commitments, and other factors.
Attendance
You must attend class regularly in order to be qualified to take the final assessment exam. To be eligible to take the test, each candidate must have at least a 70% attendance rate. Backup recordings will count as attendance, provided that unavoidable circumstances caused the absences. In other words, if necessary, session recordings do qualify as attendance.
Examination
Candidates must show up for the course-ending test after successfully completing the course, which evaluates their overall knowledge and development. Candidates must receive a score of at least 50% on the MCQ-based test in order to qualify for the Master’s certification.
Now, let’s talk about Coursera’s Data Analytics Course.
Daphne Koller and Andrew Ng started Coursera in 2012 with the goal of giving students all around the world educational opportunities that would change their lives.
Currently, Coursera is a global platform for online learning and professional development that provides access to online courses and degrees from prestigious organizations and businesses to anybody, anywhere.
Coursera obtained B Corp accreditation in February 2021, which means that while they continue to work to remove obstacles to top-quality education for everybody, they have a legal obligation to have a good impact on society as a whole.
In order to access top-notch education whenever and wherever they choose, more than 7,000 institutions, corporations, and governments, together with 113 million learners, have turned to Coursera.
Data Analytics Course by Coursera: An overview
Data analytics specialists are in great demand since it cannot be avoided in any industry, including manufacturing, banking, commerce, and healthcare.
Globally, Coursera is the top platform for learning. The free courses and paid courses offered by Coursera for data analytics will aid in your learning of many data analytics topics, such as the big data ecosystem, data mining, and cloud data mining technologies.
In order to deliver online data analytics courses, Coursera works with several universities and online course providers, including HSE University, Google, IBM, the University of Illinois, Hong Kong University of Science and Technology.
With beginning, intermediate, advanced, and all-levels data analytics courses accessible on Coursera, students of all skill levels may learn data analytics. The option of choosing Coursera data analytics courses and certificates with varying lengths of a few hours, weeks, or months is also available to students. This makes it easier for students to enroll in data analytics courses with appropriate lengths for their learning. Additionally, Coursera offers its data analytics courses in a number of other foreign languages. Nearly all of Coursera’s data analytics courses are available for free auditing for students.
Course Features
The courses and credential programs in data analytics offered by Coursera are distinctive and unusual in many ways.
All students, regardless of ability level—beginners, intermediate learners, or advanced students—can discover a Coursera data analytics course that is appropriate for them.
Students from all around the world can enroll in Coursera data analytics courses because they are available in a variety of other languages.
Best Courses on Coursera for Data Analytics
Online data analytics courses on Coursera come with a variety of features. The best Coursera data analytics courses are listed here:
Python-based accounting data analytics
Foundations of Data Analytics for Accounting II
Data Analytics for Team Management and Sports Law
After completing a Coursera data analytics course, professionals and students with data analytics abilities can choose from a variety of professional alternatives and employment. Several job opportunities include:
Data Analyst
Data Engineer
Big Data Engineer
Project Manager
Data Architect
Coursera’s Google Data Analytics Professional Certificate
Prepare for a new career with this course in the quickly expanding field of data analytics, with no prior degree or experience needed. Get access to Google-designed professional training and the chance to network with leading businesses.
You will acquire in-demand skills that will equip you for an entry-level position throughout the course of eight courses. You’ll hear from Google staff members whose training in data analytics helped launch their careers. You can earn the certificate in fewer than six months if your job schedule is less than ten hours each week.
Whether you want to change careers or start a new one, professional certificates on Coursera can help you land a job. Learn whenever and wherever it fits you most, at your own speed. Become a member and benefit from a 7-day free trial to find a new job path. Anytime your membership may be canceled or ended.
Conclusion on IIM Skills vs Coursera Data Analytics Course
You must study everything you can if you want to master data analytics. This page contains several data analytics courses at Coursera that you may select from, regardless of whether you want to earn a bachelor’s or master’s degree.
A professional certificate or certification shows future employers and present employers your expertise. To improve your analytical abilities, you can either take a flexible online course from IIM SKILLS or Coursera’s catalog of data analytics courses after going through their demo classes.
Frequently Asked Questions on IIM Skills vs Coursera Data Analytics Course
Q. What skills do I require to become a data analyst?
You need good quantitative and analytical abilities to succeed as a data analyst. To answer issues logically, you must be able to pay attention to detail. You must also be able to clearly explain your conclusions to others who will use them to make judgments.
Q. What kind of qualifications are required to be a data analyst?
A bachelor’s degree in math, statistics, economics, computer science, can be very beneficial. However, you can work as a data analyst without a degree in this field if you have the necessary abilities and expertise.
Q. Which software applications are often utilized by data analysts?
Spreadsheet tools like Microsoft Excel or Google Sheets are frequently used by data analysts. They help to organize and analyze data. They can also employ statistical analysis tools like SAS or SPSS. Additionally, database management programs like MySQL or Oracle are used.
The end goal for any business is to earn profit. So, to earn a profit, one has to make proper business decisions that lead to success. One of the major decisions in business is financial decisions. Investment Banking helps organizations in getting capital funding and making financial decisions beneficial for the company. Investment banks also help in the merger, acquisition, & underwriting of organizations. Before beginning with the top 6 institutes offering investment banking courses in London, let us understand what investment banking is, its types, and the importance of investment banking.
What is Investment Banking?
Investment banking is a division of the financial industry that provides a range of services like issuing securities (such as stocks, and bonds), strategic financial advice to companies, underwriting, capital raising, asset management, risk management, Merger & Acquisitions to corporations, governments, and other institutions.
Investment Banking is a type of banking that provides financial services to governments, organizations, corporations, and large institutions. They manage the corporation’s IPO and give advice to various companies regarding mergers, acquisitions, or reorganizations.
They act as the median between the ones looking for capital and those who are looking to invest their money. Investment Banks help other banks and organizations in large and complicated financial transactions.
Businesses and institutions seek advice from investment banks relating to how to plan their finances, from where to seek funds, advice relating to mergers, acquisition or reorganization, issuing of stocks, and sale of securities.
Some of the biggest investment banks are Goldman Sachs, Morgan Stanley, JP Morgan Chase, Bank of America, Citigroup, Barclays Investment Bank, Merrill Lynch, and Deutsche Bank.
Let us understand investment banking and its roles through an example
Suppose Rayon Fabrics (an MNC Company dealing with all types of fabrics) approaches an investment bank to assist them with their IPO process. Firstly, the investment bank’s researcher and analyst team does the financial analysis of Rayon Fabrics.
They will assess its business model, financials, market position, growth prospects, and competitive landscape. Based on their analysis, they determine the appropriate valuation for the company.
The investment bank then advises Rayon Fabrics on the optimal capital structure and share offering size. They also help the company determine the initial offer price for its shares.
They ensure that the IPO complies with all the relevant securities laws and regulations. Then they will work with the company’s legal team to prepare the necessary documentation and filings with the appropriate regulatory authorities.
The Bulge Bracket Banks are the largest in terms of size and in terms of handling the biggest corporate clients and largest deals. The majority of clients belong to the Fortune 500 or at least on the list of Fortune 100.
Bulge Bracket Banks works globally, they have a presence in the domestic market as well as the international market. They provide their clients with all the financial services including asset management, equity research and issuance, M&A Services, business asset management, underwriting, and every service included in the finance sector.
These banks also have retail and commercial sectors to gain additional revenue by cross-selling financial products. Some of the famous Bulge Bracket banks are Bank of America, Merrill Lynch, Goldman Sachs, Credit Suisse, and JPMorgan Chase.
Boutiques
Boutique investment banks are sub-categorized into two types: Regional Boutique Banks and Elite Boutique Banks.
· Regional Boutique Banks
Regional Boutique Banks are the smallest investment banks in terms of firm size and deal size. These banks specialize in a particular area and work in that field only. They handle smaller deals ranging from $50 million or less up to $100 million.
They work for smaller firms and organizations and their offices are also in specific regions only. Some of the famous Regional Boutique Banks are SunTrust, Wedbush Securities, KeyCorp, Piper Jaffray, and Duff & Phelps.
· Elite Boutique Firms
Elite Boutique Banks resemble Bulge Bracket banks in terms of dollar value which is over $1 billion. They handle smaller deals as well. However, they do not provide all the investment banking services like Bulge Bracket banks and limit their services to handling M&A-related issues.
Their presence is global like Bulge Bracket banks. Most elite boutique banks start as regional boutique banks and through handling bigger and larger deals with prestigious clients they turn up into Elite Boutique banks. Some of the famous Elite Boutique Banks are Lazar LLC, Moelis & Company, and Evercore Group LLC.
Middle-Market investment banks, as the name suggests are in the middle between smaller regional investment banks and bulge bracket banks. They work on deals ranging from about $50 million up to around $500 million.
As the name suggests they are in the middle ground geographically, having a larger scale than regional banks and a smaller scale than bulge bracket banks.
They provide the same services as Bulge Bracket Banks but their geographic pace is smaller. Some of the famous middle-market banks are Cowen Group, William Blair & Co., and Lincoln International. The Investment Banking sector is in high demand and investment bankers are paid extensively high based on their roles and designations.
How Much Does an Investment Banker Earn?
Here is the list of the Top 10 investment banks paying the highest salary ranked by Pay
Centerview- $220,000
Evercore- $210,000
Lazard- $205,000
Rothschild- $198,000
Guggenheim- $190,000
Bank of America-$186,000
Citi- $180,000
Goldman Sachs- $178,000
P.Morgan- $175,000
Morgan Stanley- $170,000
These are the annual salaries of first-year investment analysts including bonuses. Fascinating isn’t it?
Many more reasons to join Investment Banking Courses in London.
Now let us see the Salary structure of an Investment Banker in various positions:
Position
Base Salary
All-In Compensation
1st Year Analyst
£60,000 is the standard
Some give a signing bonus of up to £5,000
£95,000 to £105,000
2nd Year Analyst
£65,000
£100,000 to £125,000
3rd Year Analyst
£70,000
£125,000 to £145,000
Associate
£120,000 to £220,000
£1,95,000
Vice President
£250,000 to £350,000
£3,92,000
Managing Director
£1.1 Million or above
£782,000
Source: wallstreetprep.com
The UK and Europe have been the financial capital cities globally for a long time. They are considered the hub for finance. As investment banking is a huge part of the finance sector and financial institutions there are tremendous scopes for Investment Banker in London. So, Investment Banking Courses in London are high in demand as they offer a decent pay scale to sustain a good life.
Looking for practical-oriented courses with placement? Dig in here:
Top 6 Institutions Offering Investment Banking Courses in London
1. IIM SKILLS
IIM SKILLS has been serving the best training and educational courses to students since 2015. They have trained more than 35000 students across the globe with expert faculties having experience of more than 12 years in their specialized fields.
The courses offered at IIM SKILLS are as follows:
Digital Marketing Master Course
Data Analytics Master Course
Content Writing Master Course
Advanced SEO Course
Financial Modelling Master Course
Investment Banking Master Course
Technical Writing Master Course
GST Practitioner Certification course
Business Accounting & Taxation Course
IIM SKILLS is one of the leading institutes providing Certified Investment Banking Courses in London. Their course structure is entirely based on the latest industry concepts and practices.
Their Investment Banking Master Course Certificate is recognized by the MSME Government of India. They customize courses based on the geographic location of the student. So, any student located anywhere in the globe can learn Investment Banking from IIM SKILLS.
DataTrained is an ed-tech company providing various institutional courses and programs in fields like Data Analytics, Data Science, Investment Banking, Artificial Intelligence, Financial Modelling, Machine Learning, Digital Marketing, and many more.
DataTrained offers Investment Banking Courses in London as a PG Program in Investment Banking and Financial Modelling.
Here you will learn about the most in-demand investment tools, financial technologies, and various approaches to becoming a successful investment banker.
Key Features:
Globally recognized certificate
Weekend classes for the working professionals and weekly classes for the rest
Learning job-relevant skills
8 live case studies and projects assigned
100% career assistance
Classes are taken by trained industry experts
Profile building and interview preparation based on industry standards
Course Structure:
Module 1- Basics of Finance
Module 2- Introduction to Financial Statement
Module 3- Basics of Economics
Module 4- Introduction to Investment Banking
Module 5- Introduction to Financial Modelling and Valuation
Module 6- Basic to Advanced Excel
Module 7- Microsoft PowerPoint
Module 8- Discounted Cash Flow Valuation
Module 9- Cost of Capital
Module 10- Relative Valuation
Module 11- Start-up Valuation
Module 12- Merger & Acquisition
Module 13- Financial Management of Start-Ups
Their top placement partners are Yes Bank, RBS, Axis Bank, Accenture, Infosys, Bank of America, aureus, cognizer, Redington
Duration of the course: 6 Months
Course Fee: £3800
Contact Details:
Phone: +919560084091
Mail: admissions@datatrained.com
Looking for other in-demand courses for career development? Dig in here:
IMARTICUS was started in 2012 and currently, they have trained 10,00,000+ students, they have tie-ups with more than 500+ companies and their placement record is 85%.
The Certified Investment Banking Operations Course at IMARTICUS Learning is for learners with 0-3 years of experience in the finance, commerce, or business fields.
This course will help you transform your career into an investment banking expert or analyst. IMARTICUS investment Banking courses in London help you understand the fundamentals of finance, trade market, trade life-cycle, and risk management.
Key Features:
Extensive career support by taking mock interviews and building resumes.
A certificate recognized by top industries
Learning Job-Specific Skills
Live training by expert faculties
Learning with live projects and solving business problems and case studies designed by expert industry partners
Job Guarantee with full-fledged interview preparations
Course Structure:
Module 1: Introduction to Financial Markets
· Introduction to Investment Banking
· Cash Equities and Fixed Income
· Foreign Exchange and Money Markets
· Derivatives Market
· Job Readiness
Module 2: Trade Life Cycle
· Reference Data Management
· Corporate Actions
· Asset Management
· Reconciliation
· Introduction to ISDA
· Stock, Borrow & Lending
· Collateral Management
· Trade Life Cycle
Module 3: Risk Management
· Risk Management & Regulatory Environment
· Anti-Money Laundering & KYC
· Job Readiness
Duration of the course: 2 months for the weekday batch and 3 months for the weekend batch.
Course Fee: £1328
Contact details:
Phone: +919319746164
Email: info@imarticus.com
It can be paid in two installments
The Certified Investment Banking Course Operation at IMARTICUS is internationally recognized and accredited by CISI. The top recruiting companies at IMARTICUS are Goldman Sachs, RBS, Capgemini, TESCO, TCS, HSBC, KPMG, and UBS.
Is finance your niche? Here are the best courses for you:
The Queen Mary University of London was established by great charitable institutions of London’s East End in 1785. At QMUL you will find students from across many countries globally. QMUL is an established name in the fields of economics, finance, business studies, and various business master courses.
QMUL Investment Banking Courses in London include the study of commercial and investment banking, financial derivatives, risk management, asset management, trading, and mergers & acquisitions.
Investment Banking Courses in London Key Features:
Computer labs with the latest trading software
Learning from visiting city professors and research special experts
Comprehensive learning in the financial sector
Option to choose from a wide range of subjects based on your interest area
One-on-one support with job applications, interviews, and internships
Campus Accommodation for International Students Staying there
Course Structure:
The course structure is as follows:
6 compulsory modules + 5 elective modules+ research project of 2500 words
6 compulsory modules+ 3 elective modules+ dissertation of 7000 words
Compulsory Modules are:
Mergers and Acquisitions
Dissertation
Financial Modelling in Excel
Practical Valuation
Primary Markets and Securities
Leadership, Strategy, and Management of Investment Banking
Foundations of Corporate Finance
Research Project
Elective Modules are:
Financial Derivatives
International Finance
Behavioural Finance
Risk Management for Banking
Asset Management
Principles of Accounting
Bond Market Strategies
Applied Wealth Management
Credit Ratings
Portfolio Construction Theory
Strategic Asset Allocation
Real Estate Finance
Empirical Finance
Private Equity and Venture Capital
Interest Rate Derivatives
Big Data Applications for Finance
Financial Engineering
Statistical Machine Learning in Finance
Fintech
Climate Finance
ESG Investing
Financial Data Analytics
R for Finance
Entry Requirements for Applying:
Degree of graduation in any subject
English Language Proficiency Certificate
Certificate of passing IELTS or other examining institute as per the country
Approved Visas and Immigration
Duration of the course: 1 year
Course Fee: Home-£20,850
Overseas-£28,950
Contact Details:
Phone: +44(0)2078825555
Email: studentrecruitment@qmul.ac.uk
5. University of Hertfordshire
UH has more than 30000 students studying from over 140 countries with high-quality and expert teaching faculties. They have more than 550 career-focused degree options to choose from.
UH’s MSC in Finance and Investment Banking course provides comprehensive and coherent learning in various financial sectors with practical exposure. Their Investment Banking Courses in London include group seminars, web-based resources, statistical software, and working experience to enhance job profiles.
Key Features:
Fast-track option available to complete the course in one academic year than the regular two-year course
Two years complete course includes advanced research and work placement opportunities
Great industry connections with top companies
Providing IT analytical skills to get theoretical and practical exposure
The course structure is as per the standards of the Chartered Financial Analyst Institute(CFA)
Course Structure:
Module 1: Financial Statement Analysis 1
Module 2: Financial Statement Analysis 2
Module 3: Quantitative Analysis
Module 4: Financial Data Analysis
Module 5: Asset Valuation
Module 6: Financial Markets and Institutions
Module7: Economics, Finance, and Banking
Module 8: Dissertation(Msc FIB)
Module 9: Research Methods Msc FIB
Entry Requirements:
Honors Degree (2:2 or equivalent) in the field of economics, banking, finance, engineering, accounting, or mathematics
A professional degree like ACCA, CIMA, CIPFA, CFA, ICAEW, and ICS is given priority
English Language proficiency certificate with an IELTS score of 6.5
Duration of the course: 1 year (Full-Time)
2 years (Part-Time)- Academics+ Working
Course Fee: Full-time -£15450
Part-time -£1290 per 15 credits
Contact Details:
Phone: +44(0)1707284800
Email: ask@herts.ac.uk
6. Bayes Business School
If you are planning to make a successful career in the finance sector their Investment Banking Courses in London is specifically designed for you. Bayes Business School provides practical and strategic learning with the assistance of senior bankers and finance professionals.
Key Features:
Learn from the world’s largest and most highly respected finance professionals
Work experience with academic banking fields.
They have a center for Banking Research where they host seminars, workshops, and events with industry partners.
Course Structure:
Terms
Core Modules
Elective Modules
Term 1
· Global Banking
· Financial Statement Analysis
· Principles of Finance and Valuation
· Data Analytics for Banking and Finance
· Research Methods in Modern Finance
Term 2 ( you have to choose 2 core and 2 elective modules)
· Bank Risk Management
· International Finance
· Corporate Finance
· Fixed Income
· Alternative Investment
· Topics in M&A
Term 3
· Business Research Project and one elective
· Applied Research Project and 3 electives
· Five Electives
· Behavioural Finance
· Ethics, Society, and the Finance Sector
· Financial Crime
· Financial Statement Analysis
· Hedge Funds
· Investment Banking in Corporate Finance
· Mergers & Acquisitions
· Private Equity Investment
· Trading and Market Microstructure.
Bayes Business School’s MSC in Banking and International Finance is recognized by the Chartered Bankers Institute (CBI) and the Institute of Chartered Accountants in England and Wales(ICAEW).
Duration of the course: 1 year
Course Fee: £31,700
Contact Details:
Phone: +44(0)2070408877
Email: bayes-mastera@city.ac.uk
These are the Top 6 institutes providing Investment Banking Courses in London.
Frequently Asked Questions (FAQ) About Investment Banking Courses in London
What are the qualifications required before joining Investment Banking Courses in London?
A bachelor’s degree in finance, economics, accounting, or business is required primarily to join any postgraduate or master’s course in Investment Banking. A keen interest in the finance sector helps you learn the course with full enthusiasm and zeal.
Is Investment Banking a Good Career Option in the UK?
The UK is considered the financial capital city of the world. So, there are ample opportunities for an investment banker in the UK. The top investment banks like JP Morgan, Morgan Stanley, and Goldman Sachs pay an excellent salary to their investment bankers. The average salary of an investment analyst is £30,000 to £40,000 and it increases in millions as per experience and work designations. Also, not just in terms of pay-scale investment banking is a rapidly growing sector in today’s time.
What are the job opportunities available after completing Investment Banking Courses in London?
As an investment banker, you can work as an Investment Banking Associate, Investment Banking Analyst, Investment Banking Trainer, Internal Audit Associate, Executive Financial Assistant, Investment Administrator, Managing Director, Vice-President, and M&A Analyst in any investment bank as per your skills and experience.
