Data science and data analytics are very popular careers today. Its worldwide application and its presence in almost all technological fields are one reason that data science and data analytical courses are in demand and are expected to be in the forecoming future. No matter where you are placed, or where you belong, data analytics can give your career a boost. If you are looking for data analytics courses in Tonga, then this article will guide you well.
Before we learn the top data analytics courses in Tonga, let’s throw some light on Tonga and what is data analysis.
Tonga
Tonga is a country that is divided into 140 islands in the southwest Pacific Ocean. Agriculture is the major source of income for the majority of the population of Tonga. Education is free and compulsory for the residents of Tonga.
Their education system is compartmentalized into primary, secondary, and vocational training courses. To develop Tonga’s economy, they need to expand their field of expertise in data analytics. Here we will discuss all the major aspects of data analytics and the top data analytics courses in Tonga.
What is Data Analysis?
In data analysis, data analytics tries to make meaningful and sensible data through a series of processes such as reviewing, cleaning, altering, and exhibiting the data to represent it in a structured style to make it look presentable.
This further helps in decision-making, drawing useful conclusions, and driving appropriate information out of the cluttered and unstructured data. This involves multiple steps to its completion, in which they use many techniques and methods.
Data analysis enables any institution, organization, or business owner to learn about the risk factors, helping them make informed decisions by predicting the trends and increasing operating efficiency. It aids in strategy planning in many fields.
In today’s time of modern digitalization, data analysis has become a key aspect in more fields and sectors than we can count. The high amount of data that is produced by digital corporations has led to the existence of something called ‘big data’.
A huge amount of data that is being produced, if handled and analysed correctly, will provide some really important visions that can bring a revolution in respective businesses.
With the help of data analysis, we can understand and utilize the full potential of ‘big data’. They help organizations make the data into sensible information and transform it into actionable insights.
These insights further help to improve goods and services and the overall experience of working, decreasing the probability of any loss and increasing the chances of profits.
Steps in Data Analysis
In the process of data analysis, there is a systematic approach divided into many different stages where each step helps in the precision and utility of the final result. Hence, we will discuss each step.
a. Objective Clarification
The first step in the process of data analysis is to clearly state the objectives to frame a clear and definitive line of questions that you aim to analyse and answer. This step is vital in the process because it paves the path for future courses of action and gives direction to the entire research.
Here, we understand what the actual problem is that is to be handled, how we should handle the data that is provided, properly address it, and perfectly define and determine the kind of techniques or methods to deploy for the desired final product.
b. Collecting the Data
After the first step of properly defining the aim and objectives, the next step is to collect the appropriate data. The data is of two types: the first is quantitative [numerical], and the second is qualitative [non-numerical].
The type of data mainly depends upon the nature of the question at hand. Various types of methods can be applied to collect the data, such as interviews, surveys, observations, or taking the data from an already existing database.
c. Cleaning the Data
Cleaning the data is one crucial step in the data analysis process. Here we check the data for any error or inconsistency. They remove any of those by correcting them.
With the help of this step, the worth and dependability of the data remain integral and undamaged. This is essential to obtain exact, precise, and meaningful outcomes for the entire process of data analysis.
d. Analysing the Data
Once all of the above steps are followed, we get cleaned data, which now starts the actual process of data analysis. Here the application of arithmetical or scientific techniques is used to discover forms, inclinations, and tendencies.
With the help of tools such as Python, Excel, R, and other specialized software, this process moved ahead.
e. Interpreting and Visualizing the Data
After completing the proper analysis of the data, we now come to interpret and visualise the data, which makes it easier to understand and comprehend. There are many visualization techniques, such as charts, graphs, and many other visual representations of data.
Data visualization helps to break down complex and complicated data, make it more understandable to the masses, and help in examining the current form of things more efficiently.
f. Data Storytelling
This is the final step of the data analysis process. Here is the narration of all the findings in a way to makes it more engaging and easier to comprehend.
This is a process that relies more on communication of the results and findings to an audience that is not accustomed to the technical aspects of things and helps them reach a decision that is data-driven and has a significantly lesser chance of any loss in the future.
Application of Data Analysis in Real-life
Data analysis has become a vital part of our day-to-day life without us even recognizing it. Here, we shall discuss a few of real-life usages of data analysis.
1. Healthcare-
In recent times, medical science has made a lot of progress and is still progressing, but even after so much development, it is still costly and out of the reach of the common man. Many big and small medical institutions are still struggling with cost reduction and are looking to seriously reduce their costs through better machinery, cost-effective medicines, and many more things.
With the help of data analysis, this might be possible. Medical facilities can keep track of the patient’s health records and can maintain the usage of healthcare equipment being used in the hospitals. 1% efficiency gain could be achieved by proper and integral use of data analysis in healthcare systems.
2. Education-
A set of courses and administration pronouncements could be made a lot easier and better organized with the help of data analytics. With the help of those policies, policymakers can enhance education and organizational management.
Students’ input in the form of a survey can be collected to create a well-crafted and balanced syllabus that can benefit them and their interests. This can bring a lot of variety as well as options for students in their curriculum.
3. Manufacturing-
Manufacturing processes in any field require a lot of assessment, for which data analysis is the perfect companion. With the help of productive maintenance, perfecting the production system, and enhancing the products manufactured, manufacturers could make good use of data analysis in the long term.
Data analysis can help in preventing any technical glitches in equipment, reducing the processing time, and maintaining the good working of machines by doing a thorough analysis of data and studying all previous records.
With the help of data analysis, they can monitor production lines, create high-production systems, and provide cost-cutting.
4. Retail Marketing-
The retail market requires constant feedback and insights from customers for a better idea of what is going on in the market, and data analytics plays a vital role in that. Here, the retailers analyze data based on sales, take customer feedback into account, and study market trends to understand and identify the popular items and products.
They can also provide personalized and attractive offers and can assume what the next item in demand will be. Through the preference of the targeted customer base, enhancing the pricing of the items, and managing the inventory, the market base can be strengthened for a better marketing experience for retailers.
Using data analytics as a regular instrument, retailers can magnify their efforts, earn customer support and loyalty, and in fact, enlarge their business through multiple store outlets.
5. Risk Management-
Data analytics plays a major role in pointing out the budding risks and hazards prevailing in any business, helping to calculate their influence on them, and helping to put into use strategies to minimize their effects. Data analysis plays a major role in most of the big sectors of industries, such as insurance and finance.
By studying the preexisting data, quantifying the current existing market trends, and all the other factors, data analytics helps to prepare strategies that can minimize the risk factor and enhance the margins of any product.
Top 10 Data Analytics Courses In Tonga With Placements
1. IIM SKILLS:
IIM SKILLS is one of those institutions that has become a stop-go for all students and working professionals in 35+ countries. IIM SKILLS is one of the premier institutions in India. IIM SKILLS entered the field of education in the year 2015.
Their array of courses available makes them a strong competitor in the field of online education. They provide constant 24*7 support. They provide a superlative data analytics courses in Tonga, complete information of which is discussed below:
The dynamic nature of technology and business demands that individuals from diverse fields remain proficient. More than 170 countries have benefited from the services offered by Unichrone.
Their course provides professionals with much-needed support; they need to acquire the skills they require for the ever-evolving corporate world. Cybersecurity, project management, cloud computing, IT governance, and quality management are the areas in which they offer worldwide training sessions. Professionals’s demands can be catered to and adapted during their training sessions.
Unichrone helps professionals close knowledge gaps and advance their careers by offering interactive training in various formats. Their constant motivation to spread knowledge to multiple areas has made them more worthy of the name they made among students and professionals. They do offer well-crafted data analytics courses in Tonga.
Key Features Of Their Data Analytics Training Programs in Tonga:
They offer 3-day interactive instructor-led online classroom or group training for Power BI Data Analyst certification.
Course materials are created by specialists in the field.
They have top-class faculty and trainers.
A Must-Check for Best Data Analytics Courses Near You:
When it comes to a distinguished data analytics course in Tongo, the courses offered by Advance Institutions are one of the leading institutes in the market. Their data science and data analytical courses in Tongo are reliable and top-notch in comparison to their leading competitors.
Their instructional modules are very new and advanced and cover all major topics to be learned. Their course provides in-depth learning and understanding of data visualization techniques, Tableau learning, and R programming. Their course is appropriate and valuable for those who do not have a technical background.
One of the most sought-after data analytics courses in Tonga, the course offers 90 hours of in-depth live online instruction covering analytical tools like R programming, SQ Learning, and Tableau. Students also receive dedicated placement assistance. Advance offers well-rounded data analytics courses in Tonga.
4. Skillslash:
Skilled and talented professionals both find Skillslash a boon to further their skills in their respective fields, enhancing their careers. Skillslash does offer well-circulated data analytics courses in Tonga that are also pocket-friendly. They offer fundamental courses in the parts like software development, analytics, and data science. Their courses are quite popular in the region.
Topics Covered In Their Data Analytics Training Programs in Tonga-
They are among the biggest and most well-known providers of training courses in the world, having over 30,000 courses available in more than 1000 locations around 190 countries.
They have effectively trained more than a million delegates, proving to all of their aspirant students our globally recognized trust and unparalleled premium quality.
They invest in each delegate that takes their courses, helping to build enduring relationships with clients and equipping them to be responsive contributors in the ever-demanding digital age, all the while inspiring their clients to gain important business skills. They offer the best data analytics courses in Tonga.
Every data point tells a story. In addition to providing you with the conceptual knowledge and software skills you need to become an excellent data storyteller, this course also introduces you to the duties and responsibilities of data analysts.
Application of Python, SQL, Talend, and Tableau, which are all programming languages and apps and are very important and necessary for data analysts, will be covered in the curriculum. Based on their service and curriculum, theirs is one of the best data analytics courses in Tonga.
7. Develearn:
Develearn has earned its reputation as one of the leading institutions that presents itself in IT training. They have a huge number of courses in their institute, such as master’s degrees in programming languages, data science courses, Python, DevOps, and Java, as well as engineering courses that have also been provided.
They have a one-year and two-month data analyst course in Tonga where they teach their students in-depth instruction in SQL databases, R and Python programming, and data visualization techniques to perfection. Application modules on statistics and predictive analysis in the business area are also provided.
Being one of the best data analytics courses in Tonga, the course includes real-world projects on real data sets and a master class on data analytics that offers insightful information on company successes and data potential.
8. Seven Mentor:
Seven Mentor offers a wisely curated curriculum to its students in various courses such as networking, cyber security, data analysis, full stack development, and many other fields of study. They are well known all over the world for their expertise in the field of software training and other educational fields. Right now offer a well-rounded data analytics course in Tonga.
The course is covered in almost 90 to 110 hours, and they also provide hands-on experience by providing actual assignments and projects. They also provide placement support after the completion of the course.
Udacity offers a wide range of study programs and a comprehensive syllabus. They do offer a Data Analytics course in Tonga. Udacity is a premier and well-known software learning and online certification platform that offers both technical and non-technical courses that give professionals and beginners a competitive edge.
To assist with learning about data gathering and visualization, pattern recognition, and developing well-informed insights from precise conclusions and crucial results using a variety of data science tools and processes, it is providing an advanced data analyst course.
They are one of the best institutes that offer data analytics courses in Tonga. It lasts for three months and is designed for intermediate learners with a focus on establishing a portfolio for job applications using data analytics libraries like NumPy and Pandas.
Coding Ninjas offers a Data Analytics course in Tonga and is an online course provider and technical educational forum covering a range of specializations, including advanced data creation and programming, offering boot camp instruction to both novices and professionals. Their course is one of the best data analytics courses in Tonga.
Various tools and techniques are being taught to the students to teach the students basic and advanced analytical skills. They have a well-rounded course and also offer expert placement coach training. They have a 7-month course option and another one of 9 months.
FAQ’s:
How much is the annual package of a data analyst?
A data analyst gets a good paycheck almost worldwide. The actual amount of salary depends on multiple factors, such as the country or the area where a data analyst chooses to work. The worth of a data analyst also depends upon background, region, the structure of the organization, as well as the skills a data analyst possesses.
If anyone opts for a data analysis course in Tonga, there is a high possibility that they will get a good advantage to move ahead in their career and boost their income considerably. So, to summarize, a data analyst course in Tonga could someday fetch you a big check.
What is the most important aspect of data analytics in Tonga?
Data analytics is a deeply complicated subject, and it has various technical concepts one needs to keep in mind while pursuing a data analysis course in Tonga. But to pinpoint, two main aspects of data analytics will be artificial intelligence and machine learning.
So, if anyone wants to pursue a full-fledged career in a data analytics course in Tonga, one needs to have full control over these two topics.
What is required to become a data analyst in Tonga?
You can start by pursuing a degree in data science or a similar field, attending workshops, or enrolling in online courses. You can enrol in any of these kinds of courses at the data analytics course in Tonga through any institute listed above.
Conclusion:
Data analytics in Tonga is essential for growth in the economy of Tonga. Data analysts are paid fairly well these days, and the pay rise can be visualized in the future. Almost every field of our lives, such as healthcare, retail marketing, tourism, and manufacturing businesses, is directly or indirectly dependent on data analysis. So, to conclude, it is highly advisable to enrol in top data analytics institutes in Tongo.
Imagine going through voluminous sets of raw data for days together just to come up with a simple one-line conclusion. Sounds like a nightmare? While the conclusion might look simple, the process of manually analyzing raw data isn’t easy at all. However, Data Science and Data Analytics do the tricks here, which is why they are one of the most sought-after skills today. Want to upskill yourself in Data Science with a professional certification? Read further to know everything in detail about the IBM Data Analytics Course.
What is Data Analytics?
Data Analytics is a branch of Data Science that deals with analyzing and interpreting raw data into useful facts and figures that help in decision-making. To simplify this further, Data Analysis is a part of everyday life. Every small decision we make is based on various aspects like past incidents, current scenarios, our personal choices, etc.
For Example, you choose a restaurant for dinner based on various criteria such as ambiance, cuisine, the time needed to travel, etc. Similarly, various kinds of Data and Data Analytics are used at multiple levels to help run an organization, business, or government.
Data Analytics helps an organization understand the environment they are in – in terms of employees, customers, government, etc. It facilitates organizations to tackle problems efficiently and come up with viable and beneficial solutions.
Data Analytics is broken into 4 kinds to answer different kinds of questions in dealing with a critical situation – Descriptive, Diagnostic, Predictive, and Prescriptive. Take an example of a problem statement to understand these better:
“Children’s increased addiction to electronic devices”
Descriptive Analysis of Data: This helps in understanding the problem statement thoroughly. It talks about what the current situation is in comparison to what it used to be. Understanding the problem in detail is the basis on which solutions are derived. Hence, this kind of data analysis can be considered the first step in problem-solving.
In the case of our example, Descriptive Analysis of Data will revolve around the number of children considered for analysis, age group, location (Rural/Urban), average time spent on electronic devices per child, family background, etc.
Diagnostic Analysis of Data: This helps in understanding the cause of the problem statement i.e., why something has happened. Based on facts gathered under descriptive data, a relationship is established between each factor and the problem statement.
In the above example, Diagnostic Data Analysis helps in understanding why children are addicted to electronic devices and why the addiction has been increasing constantly. One of the reasons could be that both parents of the child are working and aren’t able to effectively monitor the child.
While Descriptive Analysis talks about the family background, Diagnostic Analysis talks about why family background has an impact on the child’s behavior. Understanding the cause of a problem is half the problem solved.
Predictive Analysis of Data: This kind of analysis gives an insight into what can happen in the future. Understanding how a problem can affect in the long run will help in determining the criticality and immediate actions that have to be taken to ensure things are in control. Predictive Analysis, in our example, will help in ascertaining how addiction to electronic devices will affect children’s behavior when they are adults.
Prescriptive Analysis of Data: As the name suggests, this analysis prescribes necessary precautions and corrective measures to tackle problems efficiently and ensure losses are minimized. In the example above, the prescriptive analysis will help in coming up with measures to reduce addiction to electronic devices such as increasing parental control of devices, educating children and parents about the pros and cons of electronic devices, etc.
Understand the problem – This step deals with deciding the problem statement and collecting all facts and figures around it. The problem can either be to tackle a pain point start a new line of business or improve the current line of business but the end goal is to increase efficiency and maximize profits.
Data Collection – Data collection revolves around collecting raw facts from various sources. Surveying is a popular way of data collection. This data acts as the basis for further analysis.
Data Cleaning – This process involves the cleaning or removal of unwanted or redundant data. Raw data is generally not organized and hence, it will require a thorough check to understand its relevance. Sometimes, secondary data collected may not be relevant at all. Cleaning of data will reduce data size, increasing the speed and ease of data analysis.
Data Exploration and Analysis – Raw data by itself will not add any value. Hence, various data analytics tools are applied to raw data to come up with meaningful results.
Interpretation – The final step of data analysis is to interpret the results of the analysis. A connection is made between the analyzed data and the problem statement and is published in a manner that is understandable to those who need this data set for decision-making.
Scope of Data Analytics
There is a steady increase in the importance of Data Analytics today since its techniques are proven to be effective in almost every sector. As stated earlier, Data Science is one of the most demanded skills in the market today with lucrative job opportunities.
Based on a report published by Acumen Research and Consulting, the global market size of Data Analytics is expected to grow to USD 330 billion (Approx.) in 2030 from USD 31 billion (Approx.) in 2021.
Here are some ways different industries use Data Analytics to increase their business:
Media – A show’s success or failure majorly depends on its audience’s taste. Data Analytics in media helps in analyzing the location, gender, age group, tastes, and preferences of its audience, which will then aid in creating content that will suit the requirements of its audience.
Education – The education system can use data analytics to understand where the students stand in terms of their knowledge. This will help teachers improve or change their teaching strategies and methods to facilitate students learning faster and
Government – Data Analytics is used immensely in government sectors as it helps in understanding the current situation of the country from various angles such as poverty, employment rate, death and birth rate, literacy rate, etc.,
Data Analytics act as strong evidence for all policies and laws laid by the government. It also supports the government in planning better to cater to the needs of its citizens.
Manufacturing, Retail, and Wholesale – While the manufacturing sector uses data analytics to understand the needs and tastes of its customers and create products accordingly, retailers and wholesalers use data analytics to understand customers better to give them a customized experience, offer discounts and attractive sales, thereby benefitting their business along with increasing customer satisfaction.
Banking – Similar to the retail industry, the Banking Industry uses Data Analytics to understand customers’ requirements and customize plans accordingly to offer value-driven services.
You should check the courses in other rewarding cities
Based on an article published in Education Times in December, Data Analysts are considered indispensable parts of any organization. As per the report, 45% of the overall increase in jobs in India was due to data analytics requirements. With a booming and competitive career, every aspiring data analyst should be thoroughly skilled to meet the employer’s expectations.
There are various courses that equip students with knowledge of Data Science and IBM Data Analytics Course is one such. The IBM Data Analytics Course is one of the best certifications available for all Data Analyst Aspirants.
IBM Data Analytics Course
IBM – International Business Machines Corporation is a multinational tech firm with close to 300,000 employees (Approx.) globally. It is prominently known for the production and sales of computer software and hardware along with cloud computing and data analytics.
With an annual revenue of $60.53 billion in 2022, IBM is undoubtedly one of the tech giants in the world. IBM Data Analytics Course is a self-paced course designed and taught by employees of IBM who have in-depth knowledge of the field of Data Science.
The link to this course “IBM Data Analyst Professional Certificate” on IBM’s official website directs you to Coursera, however, there are other online institutes like edX and Simplilearn offering the same course with IBM certification as well. IBM Data Analytics Course has 8 modules, all of which have to be completed in order to be eligible for the certificate.
Module 1: Introduction to Data Analytics
The first module of this course gives an insight into the world of Data Analytics. Starting from who a data analyst is and the difference between Data Analysts, Data scientists, and engineers, you will understand the scope of a data analyst. You will also be given exposure to data ecosystems, databases, and data lakes.
You will understand the career opportunities and career progression prospects of senior industry leaders. Towards the end of this, you will know the fundamental analysis of data, communicating end results, and use of visual tools like dashboards.
Module 2: Excel Basics for Data Analytics
Excel is one of the essential tools for working with data. This course will help you understand Excel thoroughly along with its advanced functions such as VLOOKUP, pivot tables, etc., which will help in analyzing data. This module is helpful for those who aren’t interested in data analytics too.
Module 3: Data Visualisation and Dashboards with Excel and Cognos
Visuals and picture representations give a bird’s eye view of the data analyzed. Similar to line, pie, and bar charts, you will learn advanced visualization tools like Treemaps, Scatter Charts, and Histograms. Cognos Analytics is a business intelligence tool that helps in creating dashboards with interactions, which will also be covered in this module.
Module 4: Python for Data Science, AI & Development
Python is a programming language and the demand for individuals with knowledge of Python is always high. Without any prior experience, this course is sufficient for you to understand in detail the concepts of Python and become a programmer.
Module 5: Python Project for Data Science
This module deals with the application of techniques learned in the previous module to real-world scenarios.
Module 6: Databases & SQL for Data Science with Python
SQL knowledge is a compulsory requirement for analysts and scientists who deal with data. Large volumes of data are stored in databases and are extracted using SQL. This module helps in creating SQL queries to extract the right set of data.
Module 7: Data Analysis with Python
As discussed earlier, Python is a programming language to deal with data sets. This module helps with the analysis and creation of data models using Python.
This module helps you learn in detail about all advanced tools for visualizations and the creation of dashboards.
IBM Data Analyst Capstone Project
This is a real-world project which will give you hands-on experience in Data Analytics. You will apply all tools and techniques learned in the other modules to complete this project. This project is a great add-on to your portfolio and is a good opportunity to showcase your data analytical skills. Upon completion of all the above modules along with the project, you will be entitled to receive your professional certificate.
Why IBM Data Analytics Course?
IBM Data Analytics Course is a self-paced, in-depth course that will transform you into an efficient data analyst in a short span. This course awards you with a professional certificate which means that it is intended to get students job-ready with hands-on projects and career support.
Certain modules in this course have hiring partners which will help you kick start your data analyst career right after completion of this course. The course is also widely recognized in the industry and gives you the authority to publish the certificate on networking sites like LinkedIn.
Faculty of IBM Data Analytics Course
The faculty for this course comprises 9 people out of which 5 are from IBM. Each of them with vast experience in the field of data science adds largely to the popularity and demand of this course.
Career Prospects and Salary for Data Analysts
You begin your career as a data analyst or a junior data analyst. As you gain experience, you move into the role of a specialist i.e., financial analyst, business analyst, etc.., You can then choose to grow in the same line and become a team leader/manager or decide to be a data scientist.
You can also choose to be a freelancer if you prefer your work to be flexible in nature. Upon gaining the required experience, companies hire you to work as a Data Analytics consultant for them.
The average salary of a fresh data analyst in India is ₹ 4.3 lakhs (Approx.) Data Analyst jobs are considered one of the most rewarding careers in terms of salaries, as you grow up the ladder.
Top Companies Hiring Data Analysts
Data Analysts may be called by different titles but they are required in every organization. Some of the many companies hiring Data Analysts are:
Accenture
Tata Consultancy Services
Cognizant Technology Solutions
Amazon
Capgemini
Deloitte
EY
WIPRO
S&P Global
IBM
Institutes Offering Data Analytics Courses Aligned With IBM along with Fee Details
As mentioned earlier, IBM on its official website has the Data Analytics course with Coursera. However, there are other online platforms like Simplilearn and edX offering the same course with certifications from IBM.
Coursera:
Coursera offers a free trial for 7 days. You can avail of the course free of cost if you complete it in 7 days. However, the suggested time to complete this course is 4 months (Under 10 hours of study per week) and the subscription fee with Coursera is $39/month, which is $156 in total for 4 months (INR 13,000 Approx.) This course is rated 4.6/5 with over 11,800 reviews and 1.09 lakh enrollments.
Simplilearn:
This is a self-paced course too, that will take 12 months to complete with a few hours of learning on a daily basis. This course is ranked as the best data analytics course by Career Karma. Course Fee: INR 54,000 (incl. tax). EMI Options are available too. This course is rated between 4.5 to 5/5 stars with over 61,500 ratings.
edX:
This is a self-paced course that will take 10 months to complete with 2-4 hours of reading per week. This course is priced at INR 64,861.
FAQs
1. Who can enroll in the IBM Data Analytics Course? What are the eligibility criteria?
If dealing with numbers and large amounts of data interests you, this course is for you. There are no specific eligibility criteria required for the course. However, a basic understanding of computers and knowledge of school-level mathematics is essential.
2. Is there any age restriction for the IBM Data Analytics course?
There is no age restriction to enroll in this course.
3. Are there any discounts for the course offered by Coursera?
There is a free trial for 7 days. There is also an option to ask for financial aid if you need help in paying the course fee.
4. Does the IBM Data Analytics course have in-person classes?
The course is fully online and does not require you to be present in person.
5. Does IBM offer jobs right after completion of this course?
No, IBM doesn’t offer guaranteed jobs after this course. However, each module has a list of hiring partners and you can apply accordingly to start your data analysis career with them.
6. Does the certification of the IBM Data Analytics course have industry-wide recognition?
Yes, this course is formulated keeping in mind the skills required for a data analyst in the industry. It is designed by experienced people in this field and the certificate is widely accepted by various multinational tech firms.
7. What are the risks and complexities of Data Analytics?
The basis of data analysis is raw data that is acquired from various sources. Some of these sources may not have data that is fully genuine. This will lead to the wrong interpretation of data and may not help in making the right decisions. There is also a breach of privacy to customers’ information. Another complexity here is the cost of Data Analytical tools. However, being cautious and aware of the information and tools that are being used will help in mitigating these risks.
Conclusion
Data Analysis is a part of every organization – from a small start-up to a tech giant, every company relies on data of one kind or another for running its daily activities, formulating its policies, coming up with plans and goals, meeting the needs of its customers and most importantly to run the business efficiently with minimum losses. Considering the importance of data today, Data Analytics is a skill that is needed by employees at all levels, irrespective of their academic background.
Data Analytics not only offers corporate jobs but is also one of the most popular freelancing careers in the present day. Acquiring the skill of Data analysis will help you have your own set of clients and work flexibly at the convenience of your home and all of this is backed with rewarding monetary benefits.
At present, business analytics is the most formidable course for business enthusiasts. It focuses on extensive analysis of any sort of business by studying previous data on performance, identifying its problems, and providing solutions for better results. This article is tailored to inform you everything about the course and the best places to pursue business analytics courses in Vadodara
This professional course as a discipline started in the early 1900s with Mr. Henry Ford. But exclusive use of computers has brought it to a whole new level. The author of the celebrated book “The Principles of Scientific Management”(1911) Frederick Winslow Taylor is regarded as the father of Business Analytics.
With the advance of technology and management, Business Analytics has evolved to a great extent and has become one of the most sought courses. To fulfill the demand, a number of institutes have mushroomed to offer Business Analytics Courses in Vadodara too.
What is Business Analytics?
Business Analytics is a specialization or professional course in the field of business studies. This branch of study investigates the present status of any business by probing into the data of past performance and formatting business plans. The task of a business analyst of any organization is to explore the whole situation by means of its structure, staff development, and IT system.
Thus, he/she will evaluate the complete situation and will provide solutions according to its requirement. There are four different methods of analytics to transform the collected data into useful information:
Ø Decision Analytics: This is basically a visual approach that supports the decision the user made. The ultimate goal is to systematically establish that the best decision is made from available information.
Ø Descriptive Analytics: Using a statistical approach for analyzing data, Descriptive Analytics finds out what has already happened in that business. The result is represented with pie charts, lines, bars, etc.
Ø Predictive Analytics: Like Descriptive Analytics, this method is used to calculate logical assumptions about what can happen with that business in the future. To identify future opportunities, data mining, machine learning, and statistical modeling methods are used.
Ø Prescriptive Analytics: This method helps the organization in final decision-making. This is done by gathering all relevant information collected through Descriptive and Predictive Analytics. Prescriptive Analytics is hugely beneficial for any organization since it measures the consequences of any decision and helps to achieve the optimal goal in less time.
Why Business Analytics is an Important Course?
· Business analytics Courses in Vadodara teach you to gather reliable data about your organization and dig into them for the most reliable decision-making.
· There is no room left for assumption when the collected data are thoroughly studied with the proper method to make a concrete decision.
· The organization having expert analysts will save time in decision-making in today’s fast-paced competitive world.
· The course teaches an analyst to create a visual representation of the data. This helps him to have a clear picture of the business organization. In any emergency, you can make fast-decision observing the visual representation.
· The course not only teaches you to collect data on previous performance but also teaches you to quantify those data. You can create far better opportunities for your company using those quantifiable data.
· With the knowledge of business analytics, you will be better able to make any type of commercial decision. Your company’s functioning will be improved as a result.
· Business analyst assists in gaining a competitive edge. When you know the method of data collection and study them, you will better know what is best for your organization.
Future of Business Analytics:
· At present, customer data and information are spread all over through social media and other search engines. Analyzing those data is really crucial to understand the nature of your customer to provide better service to them. All you need for this is to hone your analytical skill through a structured course.
· Business Analytics course deals in detail with how to gather the data available, how to read them, and most importantly transform the information to form a profitable business strategy. In this regard, the Business Analytics course aligns with Data Science, Machine Learning, and Artificial Intelligence that will rule the future world.
· A trained analyst will be able to make not only Descriptive analytics but also Predictive and Prescriptive analytics for the business. This will help the business create a fact-based decision. Moreover, the analyst will be able to manage multiple functions with those acquired tools.
· All these techniques are very much crucial to be adapted in the fast-paced competitive business world. Thus, the Business Analytics course will become indispensable to leading one’s business in the future.
Top 10 Institutions to Provide Business Analytics Courses in Vadodara
Let’s look at the list of top institutes to select the best Business Analytics Courses in Vadodara:
1) Analytix Lab
Course name: Business Analytics 360 Courses
Mode of study: Online
Duration: 6 months
Fee: 28000 / 42000
About the Course:
The most reliable online platform has brought in the most demanding course on Business Analytics. They have two types of online courses if you are searching for Business Analytics Courses in Vadodara- Self-paced e-learning and fully Interactive Online class. Anyone with Science, Engineering, Mathematics, Finance, or Statistics background is apt for the course. The free demo class by the organization wins everyone’s confidence before final enrolment.
Key Highlights:
The main tools taught in the course are mentioned below-
In association with IBM, NASSCOM, futureskills, EXCELR has brought in one of the best course structures in Business Analytics. The curriculum is delivered to the students in two mediums and one can choose any one of them. The live Virtual Classroom Training costs Rs 39999/- comes with placement assurance.
The other one, i.e., Self-Paced Training is a lucrative chance for professionals who lack stipulated time. After completion of any one of these, students are certified by the institute.
Key Highlights:
Topics covered in the curriculum are-
1) MySQL
2) Tableau
3) SAS
4) Basics of programming
5) Python
6)Excel
3) Parul University
Course name: CERTIFICATE PROGRAM IN BUSINESS ANALYTICS
Duration: 6 months
Fee: 30,000/-
About the course:
Parul University has chalked out a course that infuses the practical experience with theoretical knowledge of analytics. It combines Computer Programming, Data Analysis, and Business Intelligence as its core topics. The students complete project work in order to gain hands-on experience.
This course promises to enable students to apply the acquired skills of statistical quantifiers, data aggregation, etc for solving real-world problems of business. This certificate program can really be helpful for anyone willing to move up the corporate ladder.
4) ACTE
Course name: BUSINESS ANALYTICS CERTIFICATION COURSE
Duration: 40 hrs
Mode of study: Online
About the course:
The top-quality faculty at ACTE determines the students to educate from the basic to advance concepts of Business Analytics. It emphasizes the learning of Rstudio to explain statistical data, an advanced topic like regression, etc. The dedicated team of ACTE supports its students thoroughly during the training and at the time of project submission. Besides being a very much job-oriented program, the training covers topics such as-
1) Analytical Technologyy
2) PMP
3) Web Development
Key Highlights:
The well-built course gains the attention of aspirants with the following features-
1) Offers opportunities for placement
2) Free Demo class gives a clear idea before final enrolment
3) ACTE partners with Amazon, Microsoft Gold Partner, Oracle, etc.
4) Module 1 & Module 2 elaborately deal with almost everything about Business
5) UpGrad
Course name: Certification Program in Business Analytics
Mode of study: online
Duration: 4.5 months
Fee: 40,000/-
About the course:
This is one of the best platforms to ace your career with the knowledge of Microsoft Excel and SQL. The course starts with basic concepts like statistics and data analysis and then leads to data visualization, problem-solving, and decision-making techniques. This short course is a great way to kickstart your career with an understanding of Business Analytics.
Key Highlights:
The course focuses on-
1) Business Forecasting, Market Basket Analysis, Regression, Tableau, SQL, and SaaS along with the core topics.
2) Gives a holistic idea of Business Analytics.
3) Helps build an appealing portfolio and assists in placement.
The specialization is a great opportunity for even a novice to understand marketing, human resource, data analysis, finance, and decision-making. Data literacy helps you grow your career with a better understanding of how the market works worldwide. The project done at the end will give students hands-on experience in business strategy making.
Key Highlights:
In this specialization, there are a total of5 courses, they are-
1) Customer Analytics
2) Operation Analytics
3) People Analytics
4) Accounting Analytics
7) Amity University
Course name: MBA with specialization in Business Analytics
Mode of study: online
Duration: 2 years
Fee: 63,250/- per semester
About the course:
This is a Master’s Degree course for freshers and professionals. The course structure is crafted by the effort of internationally renowned experts. The classes are taken by mighty faculty. So, for any graduate who has a zeal for Entrepreneurship, this is a great scope to promote their degree and skill. Toward the end of the course, the students are interview-trained by special faculty.
Key highlights:
1) The certificate of completion is issued in collaboration with Harvard Business School online
2) Virtual job fares are organized for students’ placements.
Frequently Asked Questions About Business Analytics Courses in Vadodara:
1) What are the scopes in choosing Business Analytics Courses in Vadodara?
· Business Analytics is very crucial in establishing any organization in today’s competitive world. It is a combination of important topics like Data Science, Artificial Intelligence, Machine Learning, Statistical mining, and so on, and can really leap any business to great heights.
· A trained analyst becomes able to decipher collected data from past performances and understand the present situation better. Prescriptive Analysis enables him to chalk down the most profitable plan for the company.
· The backbone of every business is its service. Business analytics explores the outcomes of the service and also researches the gap in meeting the need of the customer. This helps the company to improve its service and efficiency.
· During unforeseen situations, business analytics help in building inventory management. Be it a small-scale industry or a big company, this helps in managing the supply chain.
· Almost every sector needs an analyst starting from healthcare to election campaigns. Apart from working in companies, or leading one’s own business, an analyst can also work as a freelancer. In India alone, there is a growing demand for business analysts. So, undoubtedly Business Analytics proves to be a promising course to study.
2) What is the difference between Business Intelligence and Business Analytics?
· Business Intelligence and Business Analytics have things in common and that makes them appear almost interchangeable. Some people are of the opinion that one is the sub-top of the other. But, when looked closely, there is a distinct line between the two.
· Business Intelligence consists of very limited metrics to understand the present conditions. Business Intelligence counts on data and statistical quantifiers and also helps in forming the best plan for the future. With Predictable Analytics, the analyst can speculate future challenges also.
· Business Analytics is a trendier topic with new-age tools and techniques. The subject is rapidly advancing to bring about change using data. Many business schools have started this course to meet the need of the market. Thus BA gives more opportunity to strengthen any business in the modern aggressive world.
3) What points to consider while selecting one of the Business Analytics Courses in Vadodara?
While finalizing one Business Analytics course, one must remember the following rubrics-
Ø Course structure: In India and worldwide, various institutions are offering certificate and diploma courses for professionals and job seekers. Some of these courses are showing off attractive offers. But while choosing one from these options, one should search for the best course structure.
Since the subject of Business Analytics is continuously adding up different topics under its umbrella term, and evolving with many modern subjects like Artificial Intelligence, it is necessary that you choose the best and newest course structure.
A good course in Business Analytics consists of important topics such as Accounting Analytics, Customer Analytics, CSM, Python, etc.
Ø Placement Assistance: Apart from the course structure, another important thing to remember is career or placement assistance. The institution should be responsible to assist its students in the real world. Only training the students is not enough in today’s tough world. The institution should guide the students till they start to earn on their own.
Ø Faculty: A good mentor can give good results. When taught by experienced and well-educated teachers, even a layman enjoys learning thoroughly and ends up with a good career opportunity.
Good teachers are really needed for studying such a vast subject like Business Analytics. So, one should check the faculty strength of the institution before enrollment.
Ø Time flexibility: There are many professionals who want to pursue a Business Analytics course to boost their career but end up with a lack of time. For such enthusiasts, many organizations are offering an online mode of study. Some of the online courses even occur on the weekends. In addition to it, they may send the recorded class lectures to the enrolled students. So, one with a packed schedule can also avail of such a course. This is a key factor for many professionals before finalizing the Business Analytics courses in Vadodara.
Ø Course review: An institution with a good review is always more trustworthy than a brand-new institution. Organizations like IIM SKILLS have years of experience and expertise in the subjects they deal in . So, you should see the reviews of the alumni before investing your money and valuable time in a course.
Ø Demo class: Whatever elaboration an institution may give to describe its salient courses, the reality may always differ. So better than taking a risk, it’s safer to attend one or two demo classes before choosing the best institution for Business Analytics courses in Vadodara.
4) Is it difficult to learn one of the Business Analytic Courses in Vadodara?
· Apparently the course may seem full of jargon and complex technical concepts. But when taught methodically, the concepts will become clear. A good institution will teach from the basics and resources are also available to clear further doubts. For analyzing data, statistical software can be used. Coding is not mandatory for business analytics.
· Any graduate can learn Business Analytics. Science and Commerce graduates may get some advantages for their knowledge of Mathematics.
5) What are the prerequisites to enroll in Business Analytics Courses in Vadodara?
· There are no prerequisites to study the course. However, people working in the field of finance, healthcare, insurance, and banks are the prime candidates for the field of study.
· It is always advisable that one should understand the amount of value it will add to your existing career. You should not go for it only after hearing the buzz around.
· The course teaches you to gain information, analyze them and design solutions for a problem in the organization. In this regard, having basic written and vocal communication skill is really helpful.
6) Can I expect a good income as a Business Analyst?
· An efficient business analyst can improve the company’s overall performance to a great height. He or she can also predict future challenges to save the company from big losses and take the best decision. So this role is very crucial in the development of the business or organization. So, there is no dearth of work for a good business analyst.
· The salary varies according to the experience and expertise of an analyst. In India, the salary of a fresher starts from 400,000/- and the salary of an experienced analyst starts from 700,000/-. However, there is no limit to a skilled analyst.
· Apart from this, one can work as a freelancer business analyst and can earn independently after successfully accomplishing one of those Business Analytics Courses in Vadodara.
Conclusion on Business Analytics Courses in Vadodara:
The skills and techniques learned during the Business Analytics course help mid-career professionals accelerate their professional journey and transform them into leaders. New insights for business are developed by an analyst using statistical methods. Beginning with Descriptive Analytics and ending with Prescriptive Analysis, an analyst implements his knowledge gathered from the course to solve business problems. For hypothesis testing, conducting surveys, and understanding upcoming business trends, the methods of Business Analytics are executed.
The techniques will demystify the complex functions in challenging times. Eventually, the everyday performance of the business organization will be upgraded. With the rising use of digitalization, it is vital for any business to use the plethora of accessible information. With the help of analytics, these data on the web can be collected and utilized to understand your customer better and thus grow your business. To sum up, this course is a one-stop solution to get insights into marketing, research, competition, operations, and consumers.
This article has covered various aspects of the Business Analytics course in order to assist you to select the most suitable Business Analytics Courses in Vadodara. To sum up, the popularity of the Business Analytics course has surpassed many other disciplines due to its relevance and utility in the job market. Its function can be noticed in many different sectors today. So, it is high time for the aspirants to register themselves in the best Business Analytics Courses and add fuel to their careers.
We have seen Apple opening its first store in India, why was it such a big deal? Apple opened its manufacturing plant in India & subsequently opened its store. Many companies like Apple are now queuing up to invest in India, as per a recent RBI report India will be a 4 Trillion dollar economy by the end of 2023. With foreign Investments lining up India is becoming a hotspot for Investments, these companies need banks as financial intermediaries to handle their investments. In this article, we will have a look at what is Investment banking. What are its scope, Applications, and benefits? And what are the Institutes that offer Investment banking training programs? We will look into it more below and also look into the institutes offering investment banking training programs.
This has opened up huge prospects for Investment banking as employment and the market in Investment banking here in India is booming.
Not only Banks like HDFC, Axis Bank, and SBI, & Kotak Mahindra Bank but international banks like Morgan Stanley, JPMorgan Chase & Goldman Sachs have also stepped up noticing this opportunity and are making inroads towards Indian Markets to have their share of their pie.
What is Investment Banking and Its Role and Functions?
Investment banking is a special type of banking that helps individuals and organizations raise money and provides them with financial advising services. They act as a go-between for security issuers and investors and support newly formed businesses with their IPOs.
For example, Imagine if Company ABC purchases Company XYZ. ABC is unsure about the true value of company XYZ and what the long-term advantages will be in terms of sales, costs, etc.
In this case, the investment bank will perform due diligence to assess the company’s value, close the deal by assisting ABC in putting together the required paperwork, and give it advice on the best time to close the deal.
Investment banks generally support significant, complex financial transactions. Investment bankers may provide advice on a company’s value and the best ways to structure a deal if their client is thinking about an acquisition, merger, or sale.
The work of investment banks may also involve producing documents and issuing securities to raise money for their clientele. But before we delve into Investment banking Training Programs, let’s understand a brief history of Investment banking In India.
The 19th century was when it all began. India was the location where European banks initially launched their trading businesses during that time.
Foreign banks now control the majority of India’s investment banking since that era in antiquity. However, that lasted for only a short time. The State Bank of India began to grow and established a commercial banking department in the 1970s. A variety of merchant banking services were first made available by ICICI Bank during the same decade.
After ten years, banking became a popular activity, and more than thirty merchant banks, financial institutions, and commercial banks began to establish their businesses. But until the 1980s, banking didn’t receive the attention it merited. When more than 1500 people entered the banking industry in the 1990s.
It was necessary to create an entity that could help banks adhere to compliance and rules to regulate these significant numbers of banks. This way, the Association of Investment Bankers of India (AIBI) was established. Numerous banks and financial institutions are authorized under AIBI.
The production of IPOs, or initial public offerings, is the most important task of investment banking. Investment banks carry out this task by organizing all the assets into different portfolios and afterward selling them to the general public.
An investment bank helps to make a stock offering through an IPO possible. Some of the Services provided and roles of an Investment banker are as follows:
Mergers & Acquisitions Advice:
Businesses need to increase sales and market share. They must therefore look for a better chance to merge with or buy other businesses that can aid them in achieving their goals. The proper deals (mergers and acquisition deals) and wise choices are made by these businesses with the aid of investment banks in India, maximizing ROI and minimizing risk.
Capital Issues Administration:
Investment banks in India typically provide management of public issues using either the fixed price approach or the book-building method. Additionally, they provide rights issues, preferential issues, follow-on public offers, initial public offerings (IPOs).debt placement, qualified institutional placement (QIP), and QIP. The goal is to provide long-term guidance on various expansion methods for large organizations.
Debt Syndication:
Most businesses don’t have enough cash on hand to take advantage of fresh prospects. They can get assistance with project financing, term loans, working capital loans, mezzanine financing, external commercial borrowing, etc. if they speak with investment bankers. These services help public and private businesses to seize the appropriate chances at the appropriate moment and guarantee steady growth.
Takeovers/Buybacks:
Indian investment bankers counsel their customers to buy back their shares at the appropriate time. They also assist them in conducting their due diligence, identifying the target company, and determining whether takeovers are required. They also aid businesses in adhering to SEBI-mandated compliances and rules.
Corporate Consultants:
Investment bankers in India provide corporate advising services to a variety of businesses, particularly large corporations, and corporate organizations. Given the scope of corporate advising, they first ascertain the demands of the businesses before presenting specialized services.
They begin with business evaluations, and the Indian investment banks assist the businesses in creating a business strategy. Following the creation of the business plan, they seek out strategic project advisory. Then they assist businesses with project identification, business valuation, and corporate restructuring.
Investment banking is a type of fulfilling work that offers both financial benefits and opportunities for both professional and private growth. It is a fast-paced work with lots of room for growth. You can advance your career through investment banking by entering fields like entrepreneurship, wealth management, and venture capital.
For those seeking to have a significant effect in the financial industry, investing in banks in India is a fantastic career choice. It grants the opportunity to work with fascinating clients, earn bonuses, and receive a fantastic salary.
It provides a sizable income with the possibility of even bigger bonuses based on success. The annual salary of an investment banker in India ranges from Rs 5 lakh to Rs 15 lakh, with experienced workers easily earning above Rs 20 lakh.
Companies also provide very competitive bonuses, which can range in value from Rs. 50,000 to several lakhs of rupees annually. Additionally, as a person gains expertise in this area, they may be able to access extra advantages like stock options or restricted shares of their employer’s stock.
Investment banking is a category of financial service offered in India that aids in the capital raising and portfolio management of businesses and individuals. Underwriting, M&A, asset management, portfolio management, securities trading, risk management guidance, and other related services are offered by investment banks. Investment banking businesses also do research and analysis on companies for possible investors in addition to these operations.
Investment Banking can be broadly divided into 4 assets classed
Cash and Cash Equivalents
Cash and its equivalents represent real cash on hand and securities resembling cash. Given that there is almost no chance of losing money, this kind of investment is considered a shallow risk. The returns are also lower than those of other asset types because of this peace of mind.
Fixed Income
An investment with a fixed income is known as one. In essence, you lend money to a company, and in return, they pay you a fixed sum until the loan’s maturity date, when you get your original investment back (the loan).
Equities
When people discuss equities, they typically refer to holding stock in a corporation. Companies frequently turn to selling ownership stakes to the public at large to grow and achieve their goals. Purchasing these shares is a fantastic way to benefit from a company’s success.
Commodities
Basic products that can be converted into various other products or services are known as commodities. Metals, energy sources, and agricultural products are among the examples.
The economy depends heavily on commodities, which are occasionally seen as a good inflation hedge. Instead of profitability, their return is determined by supply and demand dynamics. By buying shares in companies that make commodities, many investors make indirect investments in those assets.
But there is also a sizable market for investing straight up, whether that means purchasing a physical good to sell it for a profit down the road or buying futures.
Dig in to find the other rewarding courses for career upliftment:
Top 5 Investment Banking Training Programs in India
Investment banking training programs are one of the fastest-growing courses in India a lot of Institutes offer online as well as offline programs to cater to the demand below are some of the most preferred institutes.
Rank #1. Investment Banking Training Program
1. IIM SKILLS
IIM SKILLS is the leading education training platform that was started in the year 2015 by Vaibhav Kakkar to provide skill development and professional courses for all types of students from beginners to working professionals.
The very first course launched by IIM SKILLS was a content writing master course. After the successful response, they launched a few more wide range of courses in many sectors to enhance professional skills and provide certifications that are globally authorized.
IIM SKILLS investment banking course is one of the many recommended courses that have global recognition. This course is focused on providing practical knowledge with 100% tool-oriented training.
They have a team of world-class efficient mentors who are experts in their domain and have years of professional experience to share and train their students to make them career-ready.
Despite being the top-ranking institute, IIM SKILLS has the most affordable range of courses which also gives flexible EMI payment options with zero interest to their students who are economically underprivileged and strive to seek their professional goals.
Course Duration: 3 Months Of Comprehensive Training with 1 Month Of Guaranteed Internship.
Course Fees: INR 39900 + Taxes
IIM SKILLS also provides 100% of job placements. They have 24*7 live online services that help and guide their student in setting and achieving their professional career. Students also get assistance in portfolio building and LinkedIn profile building.
You May Also Be Interested With Other Courses Offered By IIM SKILLS:
The Best Investment Banking training program is available through DataTrained. Their industry-ready and certified PG Programme in Investment Banking and Financial Modelling is well-known in India and abroad.
In addition to receiving the best instruction and experience, students who use highly sought-after tools, strategies, and technologies for investment banking also receive 100% placement support.
The goal of DataTrained’s partnership with GoDaddy Academy is to offer the most comprehensive, certified curriculum that is industry-ready for those who want to learn about the most in-demand investment banking tools, techniques, and technology.
The three financial statements, knowledge of macro- and microeconomics, investment banking, financial modeling, and valuation, advanced Excel, cash flow valuation, cash flow technique, etc. are among the subjects that are covered in the courses.
The Key Highlights Include
Comprehensive Syllabus in Investment Banking Program
Industry-ready training by experienced Industry leaders
They have a 100% Placement guarantee record
Exhaustive practical case studies
Flexible training time for working professionals
They train through a 13-module program which is as below :
Module 1
Fundamentals of Finance and its Objective on Management
Module 2
Preparation of Financial Statements including interlinking cash flow analysis, Income & balance sheet
Module 3
Fundamentals and understanding of Micro & Macroeconomics
Module 4
Understanding Investment Banking
Module 5
Preparation of Financial modeling and valuation
Module 6 & Module 7
Introduction and learning Microsoft Excel & PowerPoint
Module 8
Understanding and preparation of cash flow analysis using the DCF method
Module 9
Without knowing the Cost of Capital, you cannot utilize the Discounted Cash Flow approach for valuation. As a result, students will learn how to calculate the cost of different capital components including debt and equity.
Module 10
Relative valuation considers how the market has valued businesses that are comparable to the ones we’re seeking to value. This method, which is more focused on the market, is frequently employed in equity research and valuation.
Module 11
The current age is known as the startup era. Now, you cannot simply estimate the value of companies using methodologies like discounted cash flow or relative valuation. Therefore, the focus of this subject will be on how to model a start-up’s finances and determine its value.
Module 12
Mergers and acquisitions – Understanding and preparation of financial modeling of merger and acquisition using LBO.
Module 13
Understanding Startups and learning fundamentals of how to manage finance in a start-up
Bring top-notch education from renowned universities throughout the world, and create challenging programs that are practical, worthwhile, and innovative. They aim to strike a balance between classroom learning and real-world experiences by putting a heavy emphasis on experiential and hands-on learning.
The Certified Investment Banking Training Program from IMARTICUS is their flagship program which is for 150 hrs and covers all aspects of finance like Financial Markets, Trade life cycle, and Risk Management.
Their syllabus includes:
Introduction to Financial Markets
Students are taught the landscape and fundamentals of financial markets along with In-depth knowledge of various financial instruments
Trade Life Cycle
The lesson provides the learner with an introduction to the various procedures used in the IB operating environment. Reconciliation and other related concepts are covered in detail.
Risk Management
The module will center on the financial market’s regulatory structure and provide an overview of the numerous restrictions that were put in place during the 2008 subprime mortgage crisis to maintain market efficiency and transparency.
They have an 80% success rate in Job Placements
The Course fee is Rs.1,40,000 (including GST)
Rank #4. Investment Banking Training Program
4. AIWMI
The Certified in Investment Banking (CIIB) certification is a thorough, international exam that measures a candidate’s mastery of investment banking techniques.
With the use of LBOs, IPOs, restructurings, and other investment decisions, this Investment Banking Training program assesses a candidate’s ability to create a methodical and disciplined approach to determining the value of public and unlisted companies.
The majority of analysts, both aspiring and seasoned, concur that investing is about facts, models, math, and analysis. The broad corpus of investment banking information covered by the IB certification exam is integrated holistically.
To thrive in the financial sector, which is always evolving, one requires strong technical knowledge and a firm understanding of the subject. The specific information required to enter the field of investment banking is tested in IB certification exams.
The course emphasizes:
Basics of Investment Banking Analysis of Financial Statements
Including DCF Corporate Actions and Restructuring in Asset Class Valuations
Mergers and Acquisitions IPO, Listing, and Fund Raising
Transactions Leverage Buyouts (LBO) Analysis
The acclaimed Certified International Wealth Manager (CIWM®) program is offered by AIWM India, a leading educational institution in the field of Investment Banking & advanced wealth management, along with a comprehensive range of excellent executive education courses.
The Investment Banking Training Program offered by AIWM India integrates cutting-edge wealth management knowledge and abilities with real-world expertise and insights into how the financial system operates.
There is a rigorous and practical curriculum for all AIWM India courses and educational activities. Participants are made aware of the most recent advancements in the wealth management industry.
Rank #5. Investment Banking Training Program
5. NSE India
Established in 2016. NSE offers various training in various programs like Financial services, financial markets, and Financial literacy along with a specific investment Banking training program. NSE’s program for Investment Banking Training Program is approved by the All India Council for technical education that is thought in 4 terms for a year.
The course aims to provide
A demanding 12-month full-time academicInvestment Banker training program is followed by a 3-month corporate internship
Based on the SDMIMD-established selection standards, high-achieving select students are eligible for the Student Exchange Programme (SEP) at renowned partner institutions across the world.
NSE Academy subject matter experts will provide training on capital markets and certain fundamental investment banking topics.
Some of the subjects covered are
Financial Reporting and Analysis
Marketing Management
HR Management
Analysis of Business Data
Business Communication
Corporate Finance
Computer Application in Investment Banking
Credit research
Taxation and Understanding Money Laundering
Capital market operations
The course fee is around 590000
Frequently Asked Questions
1. What is the difference between Commercial Banking & Investment banking?
The key difference is that commercial banking functions as a type of depository, with its primary functions being the provision of business loans as well as providing capabilities to handle financial concerns of both individuals and companies, whereas investment banking refers to a financial institution, dealing with capital raising and strategic transaction advisory services for companies.
In other words, investment banks don’t lend money to businesses or put money into them. Commercial banks cater to individual clients and medium-sized to large enterprises, whereas investment banks typically deal with larger and more complex organizations. Investment banks assist businesses with complex funding requirements, bond and stock issuance, bond and stock purchases and sales, and mergers and acquisitions.
Contrarily, commercial banks offer their customers assistance with retirement plan services, mortgages, loans, treasury management, and foreign exchange in addition to checking and savings accounts, Retirement planning services, mortgages, loans, treasury management, and foreign exchange in addition to checking and savings accounts.
2. Is a career after learning in the Investment Banking Training Program Rewarding?
Yes, a career in Investment banking after completing a course in an Investment Banking training program is extremely rewarding the average salary for a Banker varies between Rs.7.5 Lakhs Per Annum to as high as 18 Lakhs per annum a senior professional In Investment Banking can easily earn anywhere between 20 – 30 Lakhs PA. Not only is it rewarding monetarily in terms of job promotions too depending on their efficiency and talent he can start from an associate to VP in Investment Banking.
3. What is the minimum qualification required for completing the Investment Banking training program?
Most people who want to work in investment banking start by earning a bachelor’s degree in economics, business administration, or finance. The basis for success as an investment banker is provided by this. People should look for entry-level jobs like a financial analyst or associate at a bank, asset management company, private equity fund, or other financial services institution related to investments and capital markets activities like merger & acquisition advisory firms and brokerages, etc. after completing the necessary educational requirements.
Conclusion
In conclusion, anyone seeking to have an effect in the financial industry can consider a career in Indian investment banking after completing the Investment Banking training program. Excellent income, job security, the possibility to work with interesting clients, and the chance to receive bonuses are all provided once working for a long period. To achieve this, nevertheless, one must put in a lot of long hours of arduous labor and dedication. An investment banking training program can offer a successful career that is both gratifying and fulfilling with the right commitment and attention.
The role of an Investment Banker is becoming more and more important as the market gets bigger and bigger and more and more companies looking for services and expertise in mergers and financial analysis and management the scope and demand for Investment banking training programs are Increasing steadily and offers a very lucrative and a rewarding career option for finance students and professionals.
Investment Banking works like a consultancy to make its clients aware of the financial risk they are taking. It helps to assist individuals, institutions, and government organizations in complex and big and small investments. Investment banking studies the financial aspects of the banks themselves and the clients. This article is a complete guide to the best certificate courses in investment banking.
Investment banking provides underwriting, and merger and acquisition services.
Underwriting: This is the process through which one raises money by selling shares stocks or bonds to investors.
Merger and Acquisition: A big company wants a small company to be merged into it. Investment banking steps in to play the role of a mediator between a seller and a buyer.
Investment banking plays an important role when any organization wants to make any kind of financial decision or wants to invest big or small amounts or raise funds to grow businesses.
Investment banking helps any business in marketing and raising funds. The present article gives detailed information on the top 5 certificate courses in investment banking.
1. Investment banking is a growing and popular field to work in but it’s a bit challenging to enter in it. There are several reasons why it is in demand and many want to enter the field. Because it offers various opportunities to get handsome salary packages. If you are interested in investment banking, there are a few career paths available and waiting for you out there.
Discussion about those paths may give you a clear idea of what path you want to choose or fit in. In this article, you will get to know about a few career paths you may look for or knowledge about these paths may clear your understanding of what career option you may choose in this field.
2. Bankers: They are corporate financial advisors to advise their clients; investors and banks, look after the management of investment portfolios and accounts, and help design financial portfolios on the basis of clients’ financial needs and risk-taking capacity. They may play an important role in sanctioning/ approving loans and big transactions.
They must have knowledge of government regulations. They are a direct point of contact for clients, meaning they have front-door duties. They find prospective and potential targets and advise the companies in merging and acquisition.
Bankers are highly paid jobs but require consistent efforts and long working hours to reach the targets. They also work in sales and marketing which require good communication and presentation skills. They offer solutions to their client’s financial needs.
3. Investment banking analysts: Aspirants who have completed certificate courses can become investment banking analysts. They have back office or door duties. They do research and prepare presentations or small pitches that bankers or authorities present.
Their role is really important as they work on the basics and foundation for the presentation. They study and evaluate the current financial condition of the company, its market position, and its prospects.
They study the current economic trends for the clients to decide their stock prices. It is an entry-level job and it requires long working hours. It also offers a good salary package for freshers or beginners in the investment banking field.
4. Investment banking associate: After working as an analyst for a few years one can be promoted or acquire an investment banking associate position. They are responsible for the crosschecking of analysts’ work. They may also guide them in their presentations and pitches.
Their duty is more on the side of checking than doing. They play the role of a mediator between the VP MD, and analysts. They are also responsible for answering queries from the client’s side.
They need to have good knowledge of PowerPoint as they might need to edit the presentations done by an analyst, sometimes even drafting of the presentations may require. An investment banking associate is a handsomely paid job profile though reaching there needs a lot of hard work and requires consistently long working hours.
5. Financial advisors: Advise their clients about the kind of investments their clients can make or other financial actions they can take. When one needs advice from a financial advisor, it is not limited to investments but it can be for insurance, savings, and also tax policies/ tactics.
They make financial plans according to the client’s financial aims and work for individuals as well as any institution or organization. In a way, they may have a lot of job opportunities if they upgrade themselves with a piece of prior knowledge in finance. Financial advisor studies about client’s present financial condition including income, investments, budget planning, savings, tax management, etc
6. Client associate: Connects with clients directly. S/he answers clients’ phone calls or queries. S/he also works on the necessary documentation, tracking money transactions, preparing important forms filing them properly, etc. S/he manages or schedules meetings meets the customers and also takes their feedback.
The client associate is responsible for building healthy relations with clients. S/he needs to be active and prompt in answering the clients’ queries by sending them emails or talking with them in person or on the phone.
7. Financial modeler: It is a very impressive and famous career path in investment banking. One can enter the field by completing any certificate courses in investment banking. A financial modeler is responsible to do research and prepare financial models based on the evaluation and analytical research of the financial execution of an organization or a company.
The modeler studies and analyses market tendencies and gives her/his client accurate guidance and direction. They play a crucial role in advising companies or organizations through mergers and acquisitions. A modeler is also responsible for maintaining the financial health of his/her firm/bank. S/he must have analytical skills and knowledge of IT to do research and make accurate needful presentations.
Top 6 Certificate Courses in Investment Banking
1. IIM SKILLS
Vaibhav Kakkar is the founder of IIM SKILLS. He started this company with the very course in the year 2015. They are headquartered in Delhi, India, and function globally through the digital platform.
They have students from all over the world. IIM SKILLS is the most recommended online platform that has a top rating as the best educational company that offers a wide range of courses in sectors like banking, data science, finance & digital.
EMI facilities are available with zero percent interest.
Money back if the participant is not happy after the first session of their course.
The course is conducted on a digital platform which is recorded and shared with all their students which offers flexibility in learning. The course learning material also has a access for lifetime with zero charges.
The students are additionally assisted and guided on their professional goals which are cost-free. The students can seek help for their portfolio-building and interview preparations.
Course: Executive Programme in Investment Banking and Capital Markets
About the Course:
The Indian Institute of Management (IIM Calcutta) is globally reputed and renowned. The government of India established it in 1961. This one of the certificate courses in investment banking by IIM Calcutta has been launched to train the participants in the investment banking field and to equip them with in-depth knowledge of this area and a deep understanding of the global financial markets.
The course is designed to fulfill all the requirements of deep knowledge and understanding of investment banking and its importance in the financial markets.
It enhances the participants’ knowledge of the vital concepts and essential techniques to become better and sustainable and makes them professionally well-knowledgeable in the field of finance and banking so that they can enter the area with full understanding and knowledge.
Course Duration and Mode: The mode of the course is online and the duration is one year. Besides candidates can visit the campus twice during the course duration.
Course fee: the course fee is Rs. 3,26,000/- + GST
Eligibility: Any graduate/ postgraduate with a minimum of 50% marks can apply for this course. Any professional in finance, accountancy, or other field related to finance with prior knowledge or experience in the field can apply for the course.
Syllabus/ Curriculum: The course provides nine modules divided into foundation and advanced modules. Candidates get to learn all the modules in detail with live examples and case studies. Foundation modules include two modules;
Financial Management
Analysis and Financial Accounting
Advanced modules include seven modules;
Trading and Securities Market Sales
Market Research and Valuation
Debt Capital Markets
Securities Market Regulations
Acquisitions, Advisory, and Mergers
Equity Capital Markets
Portfolio Fund Management
Job hiring companies or job opportunities – Innumerable job opportunities are available for candidates who have successfully completed the course. They can be analysts, financial modelers, brokers, financial advisors, etc.
Morgan Stanly
Goldman Sachs
JP Morgan Chase
Bank of America Merrill Lynch
Barclays Bank
Citi Bank
This is the list of some reputed companies the candidates should apply to for a job after completing the course.
Dig in to find the other rewarding courses for career upliftment:
Course: Certificate Programme in Investment Banking
About the Course:
BSE Institute Limited proposes this course which has the agenda to make students well-aware and well-equipped in the field of investment banking. The course aims to make students able to face rigorous and tough challenges in the field.
The investment banking field has been creating a lot of job opportunities and it will be a flourishing area that will be creating a lot more opportunities in the future for newcomers and working professionals who have an interest in the investment banking field and want to launch themselves in this field.
After completing certificate courses in investment banking with BSE Institute Limited, students will find themselves with a deep knowledge of financial modeling skills, risk management, financial markets, etc.
Course Duration and Mode: The course duration is 7 months and the mode of the course is online.
Eligibility: Any graduate or anyone who possesses an equivalent degree from a recognized university or institute can apply for the course. Professionals who are already working in investment banking can also apply.
Syllabus/ Curriculum: The course syllabus includes three main topics; risk management, financial markets, and investment banking. Each of these topics includes sub-topics, which are as follows.
Risk Management
Resolution Plan and Recovery
CCAR
DFAST
Risk Management
Introduction to Regulators
Financial Markets
Financial System
Equity
Investment Banking
Debt
Foreign Exchange
Money Market
Securitization
Derivatives
Commodity Markets
Investment Banking
Investment Banking
Corporate Actions
Collateral Management
Reconciliations
Settlements and Global Security Operations
Reference Data Management
Trade Life Cycle
Asset Management
Job hiring companies or job opportunities: The certificate courses in investment banking operations open numerous opportunities to work since the investment banking field is profit-making though challenging. Below is the list of companies that are recruitment partners of BSE Institute Limited.
Course: Post-Graduate Programme/Course in Banking and Finance
About the Course:
BSE Institute Limited proposes certificate courses in investment banking and finance. This advanced-level course gives intuitions into several facets of banking and finance. Due to its massive contribution to the world economy, investment banking is a rapidly growing sector.
The course is designed to give practical as well as theoretical knowledge of not only banking and finance but also money management, economics, and information technology. BSE Institute Limited is a well-known training center among the popular centers in India.
This post-graduate certificate program is globally recognized which gives students detailed practical knowledge of the area. It opens a gate for plenty of job opportunities.
Course Duration and Mode: The course duration is one year and the mode of the course is offline/classroom.
Eligibility: Any graduate who has scored 60% in their graduate or anyone who possesses an equivalent degree from a recognized university or institute can apply for the course. Professionals who are already working in investment banking or interested in investment banking can also apply.
Syllabus/ Curriculum:
Since it is a post-graduate certificate course in investment banking and finance having an offline mode, it is delivered in two semesters.
Semester I
Microsoft Excel Basic
Macro Economics
Mathematics for Bankers
Introduction to Financial Markets
Commercial Banking Operations
Introduction to Financial Accounting Bank
Technical Analysis
Leadership Development part-I
Credit Management and Legal Aspects of Banking
Financial Management Principles and Practice
Semester II
Introduction to Investment Banking
Leadership Development-II
Rural Banking
Information Technology Related to Banking
Relationship Management and Customer Services
Money Management
Derivatives and Commodities
Marketing Financial Products
International Finance/Banking and Foreign Exchange Markets
Intro to Financial Spreadsheets
Fixed Income Securities in India
Internship
Job hiring companies or job opportunities: This Post-Graduate certificate courses in investment banking and Finance is the gate to numerous work opportunities in the flourishing and challenging investment banking field. Below is the list of companies that are recruitment partners of BSE Institute Limited.
Axis Bank
Motilal Oswal
Angel Broking
Morgan Stanly
VCreatek
AnandRathi
BNB Paribas
Integreon
Standard Chartered
Morningstar
5) Imarticus Learning
Course: Certified Investment Banking Operations Professional
About the Course:
As we have seen in the article before, the investment banking field has become the most wanted and popular to work in. Many aspirants fancy themselves as an investment banker. It is a dream job for many aspirants who are ready to work hard, surrender themselves to long working hours, want to earn good money, have big dreams, and are very passionate about this field.
This professional one of the certificate courses in investment banking operations makes a candidate prominent in understanding stock markets, fluctuations in financial markets, financial and investment management, knowledge of mergers and acquisitions, knowledge of equity finance, and investment-related bits of advice.
A candidate with this course may start her/his career as an analyst and can become an associate after 2 -3 years. S/he may become an investment banker, a financial modeler, a financial consultant, a financial advisor, a broker, etc.
Course Duration and Mode: The course duration is 2 months for aspirants who apply for a full-time course including weekday sessions and 3 months for aspirants who apply for Saturday and Sunday sessions. The mode of the course is a classroom/ live online training.
Eligibility: The certificate courses in investment banking are the best for learners who have o-3 years of professional experience in an investment banking field or any finance, commerce, and business management graduate, or anyone who possesses an equivalent degree from a recognized university or institute can apply for the course.
Syllabus/ Curriculum:
The syllabus of the professional certificate courses in investment banking operations covers important topics which are as follows;
Introduction to Financial Markets
Introduction to Investment Banking
Fixed Income and Cash Equities
Foreign Exchange and Money Market
Derivatives Market
Trade Life Cycle
Reference Data Management
Asset Management
Corporate Action
Stock, Borrow, and Lending
Introduction to ISDA
Collateral Management
Risk Management
Resolutory Environment and Risk Management
KYC and anti-money Loundering
Besides these main topics, the course also covers Job Readiness sessions after every topic which include interview preparations and developing communication skills required for the job profiles in an investment banking field.
Job hiring companies or job opportunities: Imarticus Learning is one of the prestigious institutions. There are some reputed companies the learners may seek opportunities to work in.
Goldman Sachs
Cap Gemini
BNB Paribas
Bank of America
RBS
UBS
Morgan Stanley
J.P. Morgan
Genpact
Citi Bank
6) E & ICT Academy IIT Guwahati
Investment Banking Course
About the Course:
This one of the certificate courses in investment banking gives aspirants deep knowledge of financial management, cash equities, fundamentals of investment banking, financial consultation, etc. It also provides career services through Intellipaat. Live sessions will be conducted by industry professionals.
This certificate course may open an ample range of career opportunities as a freelancer as well as in various companies. Interested candidates may start their career in investment banking because they are financial experts.
Course Duration and Mode: The duration of the course is 5 months and the mode of the course is live online.
Eligibility: Professionals who are already in the field of finance or business management who want to dive deep into investment banking can apply for the course. Any student who is interested in investment banking can apply for the course.
Syllabus/ Curriculum:
The course is divided into 15 modules. And 15th module is followed by the important session, Job Readiness. The modules are as follows:
Module 1: Preparatory Session – Data Transformation Using MS Excel
Module 2: Fundamentals of Investment Banking
Module 3: Cash Equities and Fixed Income
Module 4: Introduction to Foreign Exchange and Money Market
Module 5: Derivatives Markets
Module 6: Introduction to Reference Data Management
Module 7: Corporate Actions
Module 8: Asset Management and Concepts
Module 9: Introduction to ISDA and Reconciliation
Module 10: Stock Borrow Lending and Related Concept
Module 11: Managing Collateral
Module 12: Mergers and Acquisitions
Module 13: Trade Life Cycle
Module 14: Regulatory Environment and Risk Management in Investment Banking
Module 15: Customers and Anti-Money Laundering
Job hiring companies or job opportunities:
There are many reputed companies one can seek a job after completing this course.
Amazon
Google
Microsoft
Genpact
Saint Gabbain
Ericsson
Sony
Wipro
Adobe
TCS
FedEx
Persistent
PayPal
Bosch
FAQs
Below are the FAQs about certificate courses in investment banking.
How do I become an investment banker?
Though the investment banking field is glamorous and attracts aspirants towards it, entry into the field is not an easy task. But no limitations and nothing is impossible for ambitious and passionate candidates. Candidates who have a bachelor’s degree and are already enrolled or want to enroll themselves for certificate courses in investment banking, MBA in Finance or Banking, CFA, CA, etc. are welcome in the field. With a prior degree or certificate, one must have financial and analytical ability, good knowledge of PowerPoint, MS Excel, stock market, taxation, and capital markets, and good management and communication skills.
What duties should I have as an investment banker?
The duties of an investment banker are listed here
S/he is responsible for researching the stock market and financial fluctuations in the market.
S/he is responsible for presentations and pitches given to the clients.
S/he is responsible for making financial models for the clients.
S/he is responsible for solving the queries of clients and giving them appropriate information about the current market situation.
How many courses do I need to complete to enter investment banking?
If one is appearing for the CA exam, qualifying will be sufficient to enter investment banking.
Anyone who has a bachelor’s degree in finance and accounting may also start his/her career as an investment banker
CFA level 1 qualified candidate is eligible and fully prepared to enter this field
CPAs can also be a part of investment banking since they are proficient professionals in finance and accounting.
Any PG or course ensures their entry into this field.
MBA in finance or banking are suitable for the various job profiles in investment banking
Is choosing investment banking as a career option the right path for me? Why?
It is the right career path for the graduates. Since Investment banking organizes large, complex financial transactions investment banker works on a fixed and variable salary. Variable salary has no limits. Investment banks earn through mergers and acquisitions on a commission basis that can be in millions. In investment banking, a team of 4-5 people looks after deals worth millions in a way they receive a good commission after every successful deal.
Which set of skills are required to become a successful investment banker?
To become an investment banker, one should have a very good knowledge of PowerPoint as s/he needs to prepare or edit presentations and pitches for every client. And also have advanced knowledge of MS Excel as s/he needs to make Excel Sheets of numerical financial data.
Good financial management skills should be an asset for an investment banker.
An investment banker must have analytical abilities, and mastery over accounting and should know the basic and needful maths.
S/he should have good communication skills and convincing power since they deal with investors and businessmen and need to convince them to put their money into it.
Why certificate courses in investment banking are important to enter investment banking?
The field requires deep practical knowledge about financial strategies and current market status, related to finance. One can choose a particular certificate course to dive into deep knowledge about that particular job profile. One can rely on courses for knowledge and understanding in order to enter this extremely competitive field with confidence.
These certificate courses in investment banking provide a disciplined structured curriculum that can help the aspirants to grasp detailed knowledge systematically and also help to acquire must required practical skill set for investment banking. And also last but not least, the students can test their ability to row their steps in this field.
Data analytics has gained popularity over the past several years since data is at the foundation of technology. The need for data analysts with the necessary skill set and knowledge will continue to rise as billions of data are produced every day. Therefore, choosing a data analyst as a career will take you to gratifying future. To work in this industry you need that skillset and expertise that you can gain through data analytics training. Here in this article, we have provided a career in data analytics and the best institution that will help you to get into the industry. We have given a comparative detail of the IIM SKILLS vs. UpGrad data analytics course in depth to make your choice easy.
What is Data Analytics?
Analyzing data collections to identify trends and make conclusions about the information they contain is known as Data Analytics.
Data analytics is increasingly carried out with the use of specialist hardware and software.
In order to help businesses make better decisions, data analytics technologies, tools, and methodologies are used extensively in the commercial sector.
Activities including data analytics may support a company’s attempts to boost customer service, optimize marketing campaigns and generate revenue.
Data analytics gives businesses the capacity to respond quickly to changing market trends and gain a benefit over rival businesses.
Depending upon the application, the data examined can either be made up of fresh data that has been processed for real-time analytics or it might be made up of old data that has been preserved.
Additionally, it can be originated from a combination of within the system and outside data sources.
Data analytics is a rapidly expanding profession and as more businesses realize they must have to incorporate data analytics into their everyday operations, more job opportunities in this sector are arising.
Their diversity also enables them to readily integrate into most sectors, including banking, education, the public sector, healthcare, IT, networking, etc.
Here are a few factors that may influence your decision to pursue a profession in data analytics.
Popular Demand
Data is useless until it is used properly. Companies always look for employees with the proper skills to make use of modern technologies and a strong command of the programming language to build software that can handle a high number of datasets in order to transform raw and unstructured data into relevant insights.
The data analyst is extremely trained and assists the business in growing, identifying data loss, and most importantly better understanding their customers.
These factors also contribute to the rising need for data analysis professionals.
Great Benefits and High Starting Pay
Data analysts are compensated extremely highly in the field even at entry-level due to the shortage of data analysts on the market. There is no doubt that one of the highest-paying careers is data analysis.
The average annual salary of a data analyst is 5 lakhs. The average annual salary ranges from 2 to 11 lakhs. One’s income bracket keeps growing as one advances in their career and concentrates on developing new skill sets, staying current with their knowledge, and getting more experience.
The degree of education, job experience, industry they work in, location, skills, and certification all affect the salary range of data analysts.
Lack of Professionals Data Analysts
There is a huge need for data analysts, but there are relatively few individuals that are qualified to fill this position. This creates a huge number of options for you to launch your career in this industry.
For data professionals, the demand-supply gap is now quite large. Organizations need data experts who can provide them with a competitive advantage over their rivals. As a result, the professional earns high pay and has a great career. Because competent professionals are in great demand, organizations put a strong focus on attracting and maintaining them by offering those benefits and higher pay.
Variety of Roles
Based on their years of experience and talents, professional data analysts are frequently exposed to a variety of roles and responsibilities. There are many different roles in different industries to choose from. All you have to do is figure out your areas of strength, expertise, and specific career goals.
The industry can be better understood by enrolling in a data analytics course. Data analytics courses can help you gain the skillset and knowledge you require in the field.
Here is the List of Factors You Will Gain Through the Data Analytics Course:
Industry-relevant Projects and Hands-on Experience
Industry Network Building
Now, let’s go through the in-depth details of the data analytics course from the best institution that will provide you with everything that is mentioned above.
About IIM SKILLS
The best professional courses are offered by the top online educational technology institute in India, IIM SKILLS, which was established by Mr. Vaibhav Kakkar in 2015.
IIM SKILLS provides courses in finance programs, writing programs, marketing programs, analytics programs, and competitive exam coaching. Since 2015, they have trained more than 35000 professionals in 35+ countries through their innovative courses.
For professionals, job seekers, freshers, and even entrepreneurs interested in learning about the latest career-oriented programs and wanting to fulfill their career goals, IIM SKILLS provides skill development courses that are in high demand.
Their goal is to upskill professionally by offering self-paced and live online learning programs that are of world-class education at affordable prices.
Overview of IIM SKILLS Data Analytics Master Course
IIM SKILLS Data Analytics Course is a 6-month certification program that takes beginners through all the necessary steps to become proficient as a data analyst.
The program is comprehensive and can be completed within 6 months of 150+ hours of instructor-led live online lectures and 100+ hours of practical assignments.
In this part of the program, learn the fundamentals of data analytics through 9 modules that cover every aspect of data analytics, and you will master 7+ tools. As you work through each module and project, you gain more knowledge and tools that are needed in the professional industry.
Pre-session study materials, session recordings, and other resource materials are all kept in their Learning Management System (LMS) which also shows the step-by-step progress of the student.
Additionally, you will create a portfolio of data analytics from 7+ live projects and 10+ case studies that demonstrate your ability to handle complex project details.
This program also comes with a 2-month internship and guarantees an interview with placement assistant services such as resume building, and interview preparation.
About UpGrad
With a global learner base distributed across 85+ countries, UpGrad is the largest higher Ed-tech organization in South Asia. Top universities from around the world collaborated to design and execute the programs that UpGrad offers.
UpGrad has a solid foothold in the Indian education system thanks to its 85% program completion rate, outcome-based learning, solid tech platform, strong mentorship, industry-relevant curriculum, and placement support. UpGrad is working towards realizing its vision of letting career success for every member of the global workforce their lifelong learning partners.
UpGrad offers an immersive online learning experience to influence students globally by combining the most recent technology, top-notch teachers, and business partners.
Overview of the UpGrad’s Certification Program in Data Science and Analytics
UpGrad’s Certification Program in Data Science and Analytics program is a 6-month online program. This course curriculum is created specifically for college students.
You’ll receive 300+ learning hours with 100+ hours of live sessions. The program features 6+ hands-on projects and 4+ case studies to help you understand the practical applications of theoretical concepts. The curriculum includes AI-integrated marketing and covers fundamentals and advanced concepts of data analytics with 8 modules and 15+ tools. The 1:1 mentorship session with industry experts will help you resolve doubts and learn complex concepts easily and efficiently.
IIM SKILLS vs. UpGrad Data Analytics Course: Eligibility Criteria
IIM SKILLS
UpGrad
Anyone may start from the beginning to enter this leading-edge field if they are interested in data analytics.
Bachelor’s degree in any field
Basic expertise in computer and technology
It may be advantageous to have prior knowledge in mathematics and statistics, but it is not required.
Passion for data and problem-solving.
The entire course has been designed for newbies and starts with the very fundamentals, including Python Programming.
Therefore, having no coding experience is not required but an understanding of programming languages such as Python, Java, or C/C++ is an added advantage.
Must be pursuing graduation and post-graduation coursework.
Must have a functional laptop.
Must be fluent in spoken English.
IIM SKILLS vs. UpGrad Data Analytics Course: Duration of the Course
IIM SKILLS
UpGrad
6 Months
6 Months
IIM SKILLS vs. UpGrad Data Analytics Course: Mode of Learning
IIM SKILLS
UpGrad
Live Online Classes
Live Online Classes
Every Saturday and Sunday from
10 AM to 1 PM
Every Saturday and Sunday from
7 PM to 9 PM
IIM SKILLS vs. UpGrad Data Analytics Course: Fees of the Course
IIM SKILLS
UpGrad
Rs.49,900 + Taxes
Rs.19,900 + Taxes (For any single module)
IIM SKILLS give a 100% money-back guarantee if you do not like their course, after your first session.
They also provide a 10% group discount for three or more enrolling.
Rs.40,000 + GST
EMI Option Rs.5245/month
IIM SKILLS Course Curriculum
Course Modules
Topics Covered
Moduel:1
Data Analytics Using Advance Excel
Introduction to Data Handling
Data Visualization in Excel
Data Manipulation Using Functions
Data Analysis and Reporting
Overview of Dashboards
Create Dashboards in Excel – Using Pivot Controls
Module:2
Data Analytics Using VBA
Introducing VBA
Key Components of Programming Language
How VBA Works with Excel
Programming Constructs in VBA
Functions and Procedures in VBA – Modularizing Your Programs
Objects and Memory Management in VBA
Communicating With Your Users
Others
Module:3
Data Analytics Using SQL
Basics RDBMS Concepts
Utilizing The Object Explorer
Data Based Object Creation (DDL Commands)
Data Manipulation (DML Commands)
SQL Server Reporting Services
SQL Server Integration Services
Other
Module:4
Data Analytics Using Power BI
Introduction
Data Preparation and Modelling
Remove and Keep Rows, Go to Columns and Remove, Add
Data Analysis Expression (DAX)
Reports Development (Visuals in Power BI)
Module:5
Data Analytics UGreat Benefits and High Starting Paysing Python-I
Introduction to Basic Statistics
Introduction to Mathematical Foundations
Introduction to Analytics and Data Science
Python Essentials (Core)
Operations With NumPy (Numerical Python)
Overview of Pandas
Cleansing Data With Python
Module:6
Data Analytics Using Python- II
Data Analysis Using Python
Basic Visualization Tools
Visualizing Geospatial Data
Data Visualization with Python
Advanced Visualization Tools
Statistical Methods and Hypothesis Testing
Module:7
Data Analytics Using Tableau
Getting Started
Data Handling and Summaries – I
Data Handling and Summaries – II
Building Advanced Reports / Maps
Table Calculations
Calculated Fields
Module:8
R for Data Science
Data Importing/Exporting
Data Manipulation
Data Analysis
Data Visualization with R
Using R With Database
Introduction to Statistics
Linear Regression: Solving Regression Problems
Testing
Module:9
Data Analytics Using Alteryx
Data Analytics Using Alteryx
UpGrad Course Curriculum
Course Modules
Topics Covered
Module:1
Problem Solving Skills
Introduction to Problem-Solving
Approach to Problem-Solving
Aids to Business Problem Solving
Module:2
Intro to Python Programming
Data Types and Variables in Python
Data Structure in Python
Control Structures and Functions in Python
Object-Oriented Programming (OOP) in Python
Problem-Solving in Python
Module:3
Python for Data Science
NumPy Arrays and Operations
Data Manipulation with Pandas
Data Cleaning in Python
Introduction to Kaggle
Various Plots in Matplotlib
Data Visualization with Seaborn
Module:4
Introduction to SQL
Data Warehouse and Database Design
Data Modelling
SQL Querying
Joins and Set Operations
Business Problem-Solving using Data Modelling
Module:5
Data Visualization
Introduction to Data Analysis
Creating and Formatting Charts
Creating a Pivot Table
Analyzing Data in a Pivot Table
Getting Started with Tableau
Charts, Plots, Hierarchies
Grouping and Tree-Maps
Dashboard Creation
Storytelling
Module:6
Exploratory Data Analysis and Statistics
Inferential Statistics
Hypothesis Testing
Data Sourcing
Data Cleaning
Univariate Analysis
Bivariate Analysis
Derived Metrics
Module:7
Machine Learning
Math’s Essentials for ML
Linear Regression
Decision Trees
Clustering
Module:8
Business Understanding
Data Storytelling and Effective Communication
Business Problem Solving
Module:9
Capstone Projects
Data Cleaning Project – Movies Dataset
SQL Project – RSVP Movies
Linear Regression Project – Car Rate Prediction
Lead Scoring Project
IIM SKILLS vs. UpGrad Data Analytics Course: Tools and Techniques Covered
IIM SKILLS
UpGrad
Excel
SQL
Power BI
Tableau
Python
R for Data Science
Alteryx
Excel
My SQL
Kaggle
Tableau
Python
Pandas
IIM SKILLS vs. UpGrad Data Analytics Course: Learning Materials Access
IIM SKILLS
UpGrad
Lifetime
3 Years
Through the LMS you get lifetime access to all of the learning resources.
There is no restriction on the number of views and time limits to access the LMS.
Following the end of your courses, you will have three years to access the learning materials.
IIM SKILLS vs. UpGrad Data Analytics Course: Best for
IIM SKILLS
UpGrad
The greatest candidates for the Data Analytics course, are aspiring professionals with an analytical mindset.
But, IIM SKILLS thinks anyone with different educational background can also opt for this course such as,
Fresher
UG/PG Students
IT Professionals
Marketing Executives
Finance and Banking Experts
Sales Executives
Supply Chain Network Managers
Fresher or College students looking for jobs in the field of data science.
IIM SKILLS vs. UpGrad Data Analytics Course: Certification
IIM SKILLS
UpGrad
IIM SKILLS offers govern. recognized certification after completing the course and exams.
This master’s certification will serve as a marker of your skill development in the field of data analysis and also be globally recognized.
Duel certification from Golden Gate University California and UpGrad Campus.
IIM SKILLS vs. UpGrad Data Analytics Course: Placement Assistance
IIM SKILLS
UpGrad
IIM SKILLS specialist placement cell will help you in any way possible, to plan your career in the industrial sector.
They provide career guidance, interview tips, and job suggestions.
The fact that guaranteed placements are only given to deserving candidates and IIM SKILLS only guarantees 100% assured interview.
UpGrad Campus provides Internship Plus and Placement Plus, two uniquely crafted programs that will teach and mentor you to land a job at your ideal firm.
With the use of employability exams, group discussions, profile building, mock interviews, resume building, and other services, this program will assist you in becoming job ready.
IIM SKILLS vs. UpGrad Data Analytics Course: Program Offerings
Program Offerings
IIM SKILLS
UpGrad
Industry Accredited Course
✓
✓
Discount Coupon
✓
×
24×7 Support
✓
✓
100% Money-Back Guarantee
✓
×
EMI Option
×
✓
Doubt Clearing Session
✓
✓
Learning Materials
✓
✓
Exams
✓
✓
Assignments
✓
✓
Live Projects
✓
✓
Case Studies
✓
✓
Govern. Recognized Certificate
✓
×
Internship
✓
×
Placement
✓
✓
What You Will Learn in IIM SKILLS Data Analytics Course?
Understand statistical concepts including correlation, central tendency, regression, and dispersion – Excel at SQL fundamentals like query universal tool and SQL command.
Learn the specifics of Python such as contributions, dictionaries, branching, sets, lists, and other objects
Use the ideas of conditions, functions, variables, loops, etc. to develop Python programs.
Learn how to interact with loading and saving data with Pandas while reading and writing in Python.
Using NumPy’s multi-dimensional arrays, Pandas data frame management, and Scikit-learn’s machine learning implementation, you may get a solid understanding of data interpretation in Python
Using Python libraries, analyze the performance of data analytics.
Exhibit a solid understanding of classification approaches, linear and nonlinear regression models, and both for data analytics work process
Learn how to effectively use hierarchical techniques and clustering techniques including DBSCAN and K-means
Proficiency in the use of Excel for business analytics
Discover visualization tools such as Power BI and Microsoft analytics
Gain knowledge of Tableau’s model and statistics and develop your ability to create interactive dashboards
Acquire knowledge of visualization techniques including waterfall, treemap, heat map, Market Basket, and Pareto analysis.
What You Will Learn in UpGrad Data Analytics Course?
Learn how to make use of the most recent data analytics technology to improve your problem-solving skills.
Knowledge of latest analytics tools and software including NumPy, Pandas, Python, SQL, and Tableau
Demonstrate Intermediate competency in presenting information and patterns found in data through visualization
Learn tools of statistical and machine learning will be accessible at the initial level of expertise that will allow them to query and discover patterns
Contact Information
Phone Number:
1800 210 2020
Email ID:
customercare@upgrad.com
IIM SKILLS vs. UpGrad Data Analytics Course: Frequently Asked Questions
Q. Which course is best for data analytics?
Unfortunately, we are unable to provide you with an answer because it fully depends on your unique situation and future professional aspirations.
We have provided some in-depth details of both of the courses and institutions, but in the end, you’ll need to choose the one that is most suitable for you based on your unique requirements, circumstances, and goals.
Q. Why data analytics is becoming more popular right now?
Data helps organizations to more accurately and thoroughly understand their customers. The most accurate approach to data analytics is to extract insights from business data and put those insights to good use.
Additionally, data analytics helps a corporation in identifying future patterns along with assisting in the fixing of current business issues. This is the main reason for the arrival of data analytics into the market.
Q. Is data analytics a promising career for fresher?
This can depend on a variety of things, from your knowledge and expertise to the particular field you are interested in. Data analysis, however, can be a great field for new graduates because it provides so many chances for progress.
There is a constant need for qualified individuals in this industry because data analysts are vital for helping firms make meaning of their data and take better decisions. An exciting career in data analysis can be yours if you are driven and enthusiastic about dealing with data.
Q. What is the career path for a data analyst?
Senior data analyst, analytics manager, director, vice president, or even chief data officer are all possible career paths for data analysts. All of these career paths exhibit themselves when a person continually pushes themselves and strives to improve.
IIM SKILLS vs. UpGrad Data Analytics Course: Conclusion
Online data analytics courses are widely available. You should decide on your requirements and career prospects before choosing a course. We hope this IIM SKILLS vs. UpGrad data analytics course article would greatly simplify your decision-making. Check out both of the courses if you are interested in learning data analytics to keep up with the rapid advancements in the industry.
We have also provided contact information, if you have any questions about these programs, you can also get in touch with the institute.
