Today with the increase in digitalization and its expansion multiple businesses, organizations, industries, multinational companies and corporations are dealing with large volumes of datasets which they are collected from various different types or sources. This oversupply of data volumes increases the demand or requirement for trained data or business analysts in their business in order to manage data-driven activities. The career opportunities in the industry of data analytics are rapidly growing and evolving. Many institutes and learning platforms are offering data analytics courses but unfortunately, they are unable to provide industry-based education and training in data analytics. This article presents a comparison between IIM SKILLS vs ISB data analytics course and advises every individual to go through the comparison and select the option of the suitable course according to their requirement.
Table of Content
- What is Data Analytics
- How Data Analytics Help Businesses
- IIM SKILLS Data Analytics Course
- ISB Data Analytics Course
- IIM SKILLS vs ISB Data Analytics Course: Course Eligibility
- IIM SKILLS vs ISB Data Analytics Course: Course Syllabus
- IIM SKILLS vs ISB Data Analytics Course: Course Highlights
- IIM SKILLS vs ISB Data Analytics Course: Course Duration & Mode of Study
- IIM SKILLS vs ISB Data Analytics Course: Course Certification
- IIM SKILLS vs ISB Data Analytics Course: Course Fees
- Conclusion
- Frequently Asked Questions
What is Data Analytics?
Data analytics is a significant business process which is executed by expert data analysts or related professionals under which they analyze collected raw datasets in order to extract valuable information and meaningful insights to support the data-driven informed decision-making process. These analysts leverage numerous tools, techniques, methodologies and algorithms to research, analyse and process large datasets to discover styles, patterns, trends, traits, and correlations among each dataset. In simple words, the power and scope of data analytics enable business organisations and companies to make smart business decisions based on data-driven information rather than just intuitions in order to achieve desired business goals.
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How Data Analytics Help Businesses
Data analytics plays a significant part in helping many business concerns irrespective of their business size by assisting them in various essential aspects. Here are some key points mentioned below on how businesses get benefits from data analytics.
- Data analytics helps in extracting valuable data-driven insights after processing, analyzing and transforming raw data into structured as well as organized formats.
- Data analytics provide analyzed or processed results in a visualized format which helps businesses in understanding about market trends, customer behavior, needs and preferences along with current economic patterns.
- Data analytics contribute to effective or enhanced decision-making by analyzing real-time data together with historical data which assists businesses in reducing irrelevant decisions and dependency on intuition and guesswork.
- Through leveraging data analytics tools and techniques, businesses are able to identify significant areas where money is irrelevantly expended. Data analytics provides advanced strategies and solutions by which businesses can lead to cost optimization along with mitigating inappropriate expenses.
- Data analytics also help businesses in determining or identifying various types of risk factors that may negatively impact business processes and impedes business growth. However, data analysts use data analytics techniques to develop and implement risk management or mitigation strategies to support business concerns and ensure business continuity.
- Predictive modelling is an important tool that comes under data analytics which helps businesses in forecasting and anticipating upcoming future trends in the market, predict evolving or changing market conditions and the rising demands of customers for specific products or services.
These are the most common benefits of data analytics that business organizations, companies and industries can avail only if they are able to utilize data analytics tools or techniques properly and efficiently with due diligence.
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Advantages of a Career in Data Analytics
Before discussing a thorough contrast between IIM SKILLS vs ISB data analytics course let us explore multiple advantages in the realm of data analytics career in today’s data-driven world. There are numerous career benefits interested individuals can achieve by starting their career profession in the field of data or business analytics. Here are mentioned some relevant points that describe the advantages of pursuing a career in data analytics.
- In today’s data-centric world data analytics experts are in high demand because numerous business organisations as well as companies are seeking expert data analysts in order to streamline and manage their data-associated tasks efficiently.
- Handsome or lucrative salary packages consider one of the significant advantages of building a career in the data analytics profession. Individuals after completing their data analytics course from an authentic institute or online learning platform are able to secure placement in renowned companies at a decent salary package.
- Individuals after starting their career in the field of data analytics have the opportunity to work in diverse industries, including finance, hospitality, healthcare, marketing and more.
- Managing data and extracting significant information from enormous datasets is a continuous process which helps business concerns in achieving their desired or pre-planned business goals and this establishes job security among competent data analysts.
- The data analytic field is totally dependent upon technology and tools, individuals will get many opportunities in their career profession as data analysts to master or adapt themselves according to the industry demands and needs which help them to expand their knowledge in data analytics.
IIM SKILLS Data Analytics Course
IIM SKILLS is regarded as one of the renowned and globally recognized online learning platforms which was established in 2015 after the foundation of a successful educational blog. Their major focus is on providing world-class trending education through a medium of online learning at an affordable price structure. IIM SKILLS ranks within the top ten online/offline institutes offering data analytics courses globally. Their data analytics master course guides many interested individuals, including graduate freshers and working professionals who desire to build a successful career profession in the field of data analytics. The data analytics master course by IIM SKILLS is comprehensively designed by industry experts and curated under the observation of professional data analysts delivering individuals or course participants with a structured and organised course format which helps them in enhancing core knowledge of data analytics, equipping necessary qualifications and developing the requisite skills to excel in the realm of data analytics. Apart from the Data Analytics course they also offered multiple courses in the domain of finance, marketing and writing.
Later in this article, we are going to discuss IIM SKILLS data analytics master course eligibility criteria. course syllabus, major highlights, course duration or mode of study and certification along with fee structure. We will also explore IIM SKILLS vs ISB Data Analytics Course.
ISB Data Analytics Course
The Indian Business School (ISB) is a globally famous and prestigious business school situated in India which was established in the year 2001. The ISB differentiates itself from other business schools by providing world-class as well as top-notch education and training in a diverse range of course programs, including graduate and postgraduate courses along with flagship one-year post-graduate programs in the subject of management. The data analytics course offered by ISB is delivered to or open for all interested individuals under the course name Applied Business Analytics in collaboration with Emeritus. Their course structure is crafted under the supervision of industry experts and taught by professionals along with eminent programme leaders helping course participants in equipping the required or necessary knowledge and skills in order to construct a successful professional career as a data or business analyst.
In the next section of the article, we are going explore the more crucial information about the data analytics course by contrasting IIM SKILLS vs ISB Data Analytics Course. Individuals are advised to understand the comparison with full of attention and decide according to their preferences requirements and needs.
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IIM SKILLS vs ISB Data Analytics Course: Course Eligibility
The eligibility requirement is the most concerning and important factor that needs to be discussed and clearly mentioned by every course-providing institute and platform. Let us explore and look into IIM SKILLS & ISB Data Analytics Course eligibility criteria.
IIM SKILLS Data Analytics Master Course: Eligibility Criteria
- Candidates must have completed their bachelor’s Degree in any discipline.
- Candidates should have basic knowledge of computer applications & technology.
- Candidates who have knowledge in the subject of mathematics & statistics are considered an advantage.
ISB Applied Business Analytics: Eligibility Criteria
- Individuals who have completed their graduation in any specialization are eligible to apply.
- Diploma holders are also eligible to register themselves for the course.
- Individuals with knowledge of computer applications and the tech world have an advantage.
IIM SKILLS vs ISB Data Analytics Course: Course Syllabus
In this section of the article, we are going to explore the data analytics course syllabus of both renowned institutes IIM SKILLS and the Indian School of Business (ISB). Here mentioned the syllabus structure in a comprehensive manner.
IIM SKILLS Data Analytics Master Course Syllabus
The syllabus or curriculum structure of the data analytics course offered by IIM SKILLS is divided into nine modules. Let us explore each module separately in detail.
Module 1: Data Analytics Using Advance Excel
- Introduction to Data Handling
- Understanding Data Visualization in Excel
- Concept of Data Manipulation
- Introduction to Data Analysis & Reporting
- Dashboards Overview
- Creating Dashboards in Excel
Module 2: Data Analytics Using VBA
- Introduction to Visual Basic Analysis
- Understanding the Components of Programing Language
- Working on Visual Basic Analysis
- Programing Constrruction in VBA
- Understanding Functions & Procedures in Visual Basic Analysis
- Concept of Object & Memory Management
Module 3: Data Analytics Using SQL
- Introduction to Structured Query Language (SQL)
- Concept of Relation Database Management System (RDBMS)
- Understanding Data-Based Objects Creation
- Introduction to Data Manipulation in SQL
- SQL Server Reporting Services
- SQL Server Integration Services
Module 4: Data Analytics Using Power BI
- Introduction to Power BI
- Power BI & Functions
- Concept of Data Preparation
- Understanding Data Modeling
- Learning Adding & Removing Columns or Rows
- Introduction to Data Analysis Expression
- Understanding the Development of Reports through Power BI
Module 5: Data Analytics Using Python-1
- Introduction to Statistics
- Introduction to Mathematical Foundations
- Understanding Analytics & Data Science
- Introduction to Python Essentials
- Concept of Numerical Python
- Understanding Pandas
- Learning Cleansing Data with Python
Module 6: Data Analytics Using Python-2
- Introduction to Data Analysis Using Python
- Understanding Basic Visualisation Tools
- Data Visualization With Python
- Introduction to Advanced Visualisation Tools
- Concept of Statistical Methods
- Learning Hypothesis Testing
Module 7: Data Analytics Using Tableau
- Introduction to Tableau
- Understanding Data Handling
- Building Advanced Report
- Concept of Table Calculations
Module 8: R for Data Science
- Introduction to Data Importing & Exporting
- Understanding Data Analysis
- Concept of Data Visualization with R
- Data Manipulation with R
- Understanding Regression Models
- Testing of Statistical Methods
Module 9: Data Analytics Using Alteryx
- Introduction to Alteryx
- Fundamental of Alteryx
- Understanding Alteryx Settings
- Concept of Alteryx Designer Interface
ISB Applied Business Analytics Syllabus
The syllabus or curriculum structure of the applied business analytics course offered by the Indian School of Business (ISB) is categorized into twelve different modules. Let us comprehensively and separately explore each module in detail.
Module 1: Introduction to Business Analytics
This module covers a basic and significant introduction to business analytics, including examples, preliminaries, problem formulation and an overview of various analytics algorithms along with machine learning frameworks.
Module 2: Data Preliminaries for Analytics
- Introduction to Data Basic
- Data Dichotominies
- Types of Data
- Data Cleaning
- Data Wrangling
- Understanding Common Sources of Data
Module 3: Regression – Descriptive & Predictive Analytics
- Linear Regression
- Descriptive & Predictive Analytics
- Evaluation of Regression Models
- Interaction Effect
Module 4: Logit Model: Classification Analysis
- Introduction to Logistic Regression
- Understanding Multinomial Legit Model
Module 5: Factor Analysis & Business Analytics Expression
- Factor Analysis
- Factorising Data
- Examples of Factor Analysis
- Introduction to Business Analytics Expression
Module 6: Visualisation – Perceptual Mapping for Business Analytics
- Introduction to Visulisation
- Understanding Visulizing Data
- Text Mapping
- Interpretation of Visulizing Output
Module 7: Decision Tree for Business Analytics
- Introduction to Decision Tree
- Understanding Classification of Trees
- Concept of Regression Trees
Module 8: Cluster Analysis – Segmentation for Business Analytics
- What is Cluster Analysis
- Introduction to Cluster Action
- Understanding Segmentation in Business
Module 9: Elementary Text Analysis
- Introduction to Elementary Text Analysis
- Understanding Basic Descriptive Text Analysis
- Concept of Sentiment Mining in Text Analysis
Module 10: Network Analytics for Business Analytics
- Introduction to Network Analytics
- Concept of Social Network Analysis
- Network Analytics App
- Testing Networks
Module 11: Experiments & Casual Inference
This module helps course participants in understanding the use of business analytics in the real world through practical experiments and hypotheses for business analytics in casual research.
Module 12: Capstone
This module helps course participants in skilling themselves in the field of business analytics by doing assignments and capstone projects.
IIM SKILLS vs ISB Data Analytics Course: Course Highlights
Data analytics courses or Business Analytics courses are somewhat the same types of courses in which data is utilized in order to achieve business goals and objectives. Every course-providing institute or online learning platform offers comprehensively designed courses in the subject of data analytics. However, each course provider provides different types of perks and benefits to every individual who is looking forward to registering for their courses. The perk and benefits are considered course highlights which we are going to discuss below in a detailed way.
IIM SKILLS Data Analytics Master Course Highlights
- The course program is based on data-driven tools training.
- Course participants can get lifetime Acess to lectures, Resources and Recordings
- 24*7 support is also provided to each participant
- Participants also get a 2-Month Guaranteed Internship
- 100% money-back guarantee if individuals are not satisfied
- Free Demo of the Course is also available
- Taught by faculty of professional industry-experts
- Interview guarantee & job support
- Participants have the opportunity to work on 7+ live projects or 10+ case studies
- Master 7+ data analytical tools
- Participants also have a choice of model selection according to their interest.
ISB Applied Business Analytics Course Highlights
- Taught by top ISB faculty members and trained experts.
- Candidates also get pre-recorded to support self-paced learning.
- Industry-based assignments & quizzes
- Participants also are able to get on 17+ discussion boards.
- Participants also get faculty built-in apps
- Resume building & interview preparation
- IIMjobs pro membership
- LinkedIn profile optimization
IIM SKILLS vs ISB Data Analytics Course: Course Duration & Study Mode
In this section of the article, we are going to discuss the course duration and mode of study of the data analytics course provide by IIM SKILLS or the applied business analytics course provided by the Indian School of Business.
IIM SKILLS Data Analytics Master Course Duration & Study Mode
The course duration of the data analytics master course is 6 months program with 2 months of internship and the mode of study is online live learning classes.
ISB Applied Business Analytics Course
The course duration for the ISB applied business analytics course is 12 weeks program with 4-5 hours/week and the mode of study is live online classes.
IIM SKILLS vs ISB Data Analytics Course: Course Certification
The certification is the most important criterion for which individuals are interested to register themselves in their choice of courses. Certification helps course participants to get globally recognized in their area of study and it also supports in building their resume credentials and achieving desired desired career profession.
IIM SKILLS Data Analytics Master Course Certification
The certification offered by IIM SKILLS is recognized by the government of India under MSME to all course participants after completing their data analytics course. Their certificate holds significant value on a global level.
ISB Applied Business Analytics Course Certification
The Indian School of Business awarded an industry-recognised and globally acknowledged certificate after successfully completing their applied business analytics course.
IIM SKILLS vs ISB Data Analytics Course: Course Fees
The course fee is a significantly important aspect which many individuals consider before taking admission or registering themselves for any courses. This section of the article is going to explore the fee structure of data or business analytics courses offered by IIM SKILLS and ISB.
IIM SKILLS Data Analytics Master Course Fee Structure
The fee for the data analytics master course offered by IIM SKILLS is INR 49,900 excluding GST.
ISB Applied Business Analytics Course
The fee for the applied business analytics course offered by the Indian School of Business is INR 1,80,000 + Gst which is paid by participants within 7 days of post-selection or admission. The No-Cost EMI option is also available.
Conclusion
Data analytics courses are considered one of the digitally modern-world trending courses which offer many individuals a diverse career path in the field of data analytics. Individuals who sincerely desire to build a successful career in the domain of analytics are advised to choose the best institute to pursue data analytics courses efficiently. This article aims to provide a thorough comparison between IIM SKILLS vs ISB data analytics course which helps numerous individuals in taking favourable decisions according to their needs and requirements.
Frequently Asked Questions
Q. What are the top 10 institutes providing data analytics courses in India?
There are several renowned institutes providing data analytics courses in India. Below mentioned a list of the top 10 institutes and online learning platforms providing data analytics courses in India.
- IIM SKILLS
- Imarticus Learning
- Indian School of Business
- Simplilearn
- IMS Proschool
- Edvancer Eduventures
- Learnbay
- Ivy Professional School
- Udacity
- Analytixlabs
Q. What skills should I possess to pursue data analytics courses?
Below mentioned are the top skills which individuals should possess prior to starting any data or business analytics courses.
- Knowledge of Basic Programming Language
- Understanding of Statistics, Mathematics & Probability
- Problem-Solving Skills
- Critical Thinking Ability
- Have Keen Curiosity
- Communication Skills
- Decision-Making Skills
- Multitasking
- Observation & Management Skills
- Attention to Details
Q. Are data analytics courses hard to pursue?
The answer to this question is dependent on an individual’s background. For example, if an individual has prior knowledge in analytics-associated subjects then they do not face any difficulty in purse data analytics courses. On the contrary, some individuals may find it challenging and hard to pursue due to its technical nature. Overall, data or business analytics courses often demand and require dedication as well as significant amounts of effort to grasp or understand the concepts and practical applications effectively.