With businesses and companies growing day by day, business analytics is gaining mammoth significance for studying and analyzing the performance of these businesses. This is the major reason why the demand for professional and erudite business analysts has reached the saturation level. So, the aspirants who are willing to shape their career in business analytics must understand how important business analytics is for businesses in the current times.
Business Analytics – An Overview
Business analytics actually refers to the process of collecting, sorting, scrutinizing, and processing business data, as well as, using the interactive methodologies and statistical models to convert data into prolific business insights.
With its main goal to determine all useful datasets and leverage them to solve business problems, business analytics eventually help businesses with increased efficiency, boosted revenue, and enhanced productivity.Manoj Singh Rathore
Considered to be a subset of Business Intelligence, Business Analytics is usually implemented for identifying all types of actionable data. It is important for you to know that Business Intelligence is characteristically descriptive, and it focuses on the tools and strategies which are used for procuring, identifying, and categorizing raw data as per the past or current events.
On the other hand, Business Analytics is quite more prescriptive and is completely devoted to the efficient methodology that is used for analyzing data, recognizing patterns, developing models to clarify previous events, formulating predictions for future events, and recommending actions for exploiting desired outcomes.
Components of Business Analytics
The different components of Business Analytics include:
- Data Aggregation
- Data Mining
- Sequence Identification
- Text Mining
- Association Identification
- Predictive Analytics
- Data Visualization
All these significant components of Business Analytics help organizations and businesses to leverage their datasets in order to drive new goals, which eventually helps them with increased revenues and productivity, as well as, improved customer relations.
Importance of Business Analytics
Business Analytics is a methodology that can influence the functioning of the whole organization and is used for making sound commercial decisions. In this way, business analytics helps in improving the profitability of businesses, increasing their revenue and market shares, and providing better returns to shareholders.
- Business Analytics facilitates a better understanding of available datasets, which eventually affects the operational efficiencies of different organizations.
- Business Analytics proffers a competitive advantage to companies and businesses. It combines the available data with different models in order to improve commercial decisions.
- Converts all available data (primary and secondary) into valuable information, which can be further presented in any requisite formats.
Top 10 Business Analytics Institutes in Delhi & Noida
Amidst the increasing number of colleges and institutes that offer business analytics courses, finding the right one for you can be quite daunting and troublesome. Therefore, we bring to you our list of top 10 business analytics institutes in Delhi and Noida. So, make sure you go through our list of top 10 business analytics institutes and vouch the right one for you as per your analytical needs.
- A leading education provider offering proper training in data science and business analytics.
- Geared towards fulfilling the complex and contemporary demands of the business analytics industry.
- With an overall rating of 4.52, Techstack is led by a house team of over 20 data scientists who work on progressive research work and other industry leading projects.
Course – Techstack is a leading business analytics institute that offers a PGP program in business analytics and artificial intelligence and optimization as its flagship analytics program. Techstack’s course curriculum is specially designed to meet the requirements of the analytics industry. The business analytics course programs by Techstack are designed such that it can emphasize on the cutting-edge technology, as well as the conventional business-analytic methods. The flagship big data analytics course program by Techstack aims to deliver industry-ready professionals, who are Big Data Analytics certified and have high expertise along with excellent problem-solving skills.
Pedagogy – Techstack’s pedagogy is at par with the leading analytics institutes and universities in the world. According to the CMU or Carnegie Mellon University, Techstack’s business analytics course in delhi program is equivalents to its own flagship analytics program. The syllabus of the program is designed in such a way that it encompasses all requirements and inputs as taken from 3 major stakeholders – the industry, the universities, and the fellow practitioners.
Faculty – Most of the faculty members at Techstack hold PhD from the some of the world’s leading universities. Techstack has a faculty to student ratio of 1:10. The faculty members at Techstack not only have unparalleled industry experience in consulting, senior leadership, and advisory roles but some of the faculty members also have different publications in global journals.
External Collaborations – Techstack’s flagship analytics program in big data analytics and optimization is the only course program that is certified in Asia for its quality content, pedagogy, and assessment.
Other Attributes – In addition to offering a full-fledged classroom system, Techstack also uses several popular and efficient online learning platforms for assisting students with business analytics learning.
Website – www.techstack.in
- A leading capability-building and training-solutions institute led by IIT, IIM, and ISB alumni with proper industry experience.
- With an overall rating of 4.64, this institute offers individual professional training to aspiring candidates.
- Delivers training programs for renowned clients like Cisco, American Express, Genpact, Times Group, Tech Mahindra, EXL Services, and Indian Army.
Courses – The business analytics courses that are offered here at AnalytixLabs are fussily mapped to different job roles rather than simply focusing on the students’ tool learning. Most of these courses are specifically designed and validates by seasoned professionals. Periodic updates are also prepared for these courses in order to make them match with the continuously evolving analytics industry.
Pedagogy – The business analytics courses that are offered here at AnalytixLabs are designed and delivered in a special way to provide experiential learning to the students. The general structures of these courses are also well-aligned with the typical analytics project-flow.
Faculty – AnalytixLabs boasts a faculty to student ratio of 1:30, with most of its faculty members having core industry experience. The team of faculty members at AnalytixLabs have over 30 years of experience in business analytics and consulting. The trainers at AnalytixLabs also have a worthy experience with leading firms such as Deloitte, Fidelity, McKinsey, Facebook, and Genpact.
External Collaboration – Talking about the external collaborations of AnalytixLabs, one of their biggest associations has been the partnership with ADAE (Asean Data Analytics Exchange), Malaysia. As per the reports, this collaboration of AnalytixLabs has not only been recognized by the HR Ministry of Malaysia but the delivery of programs has also started.
Other Attributes – After the successful completion of the course, the aspiring candidates are offered training and assistance for profile building and interview preparation. There is also a concept of job referral which is generally based on the HR consultants and the large pool of AnalytixLabs’ ex-students who’re currently working in different companies. Besides this, AnalytixLabs also allows candidates to register for a discussion forum through ILMS or integrated learning management system. Through these discussion forums, students of AnalytixLabs can easily access study materials, live classes, and recordings.
Website – www.analytixlabs.co.in
City of Operation – Delhi, NCR
- Headquartered in Bengaluru, Jigsaw Academy is a leading business analytics training provider in India.
- Founded in the year 2011, this institution is backed by its strong focus on learning as well as external collaborations.
- Funded by Manipal Global Education Services, Jigsaw Academy has helped over 40,000 students with business analytics course programs.
Courses – Jigsaw Academy offers its flagship business analytics program in Data Science Specialization. The course content is basically driven by the unique ‘Catalyst Method’ which offers industry driven contests, case-study workshops, industry webinars, live interaction sessions, internships, live projects, and placement preparations. In fact, the business analytics course program that is offered here at Jigsaw Academy is best-suited for freshers, as well as working professionals. This course not only covers all essential aspects of machine learning and data science but also strongly aligns with the crucial job roles in data science, data wrangling, model building, EDA, and productive insight generation.
Pedagogy – The ‘Catalyst Method’ approach is actually the unique training methodology of Jigsaw Academy’s analytics courses which ultimately enhanced career growth. This methodology provides everything that a candidate needs to grow as a skilled analytics professional.
Faculty – The faculty members at Jigsaw Academy have a rich industry experience, across the domain as well as the industry.
External Collaborations – This is one of the very strong points of Jigsaw Academy that ultimately helps this analytics institute to outshine. It is important for you to know that Jigsaw Academy has external collaborations with SDA Bocconi, University of Chicago, IBM, Asian Institute of Management, and other renowned corporates like Microsoft, Reliance, Gramener, HCL, Mahindra, Genpact, WNS,Societe Generale, Swiss, Flipkart, GSK, Nokia, and Cognizant.
Other Attributes – Jigsaw Academy offers job postings and extensive placement assistance to students that do not have any previous experience in business analytics. This business analytics institute also conducts live contests, mock interviews and offers questions banks. Besides all this, Jigsaw Academy allows its students to stay connected with the Jigsaw Learning Center for any type of assistance.
Website – https://www.jigsawacademy.com/
- UPX Academy
- Founded in the year 2016, UPX Academy has grown to become one of the top 10 business analytics institutes in Delhi.
- A leading education provider offering cutting-edge training in data analytics, big data, and machine learning.
- With an overall rating of 4.56, UPX Academy helps students, as well as businesses, to ascend in the global analytics space.
Courses – UPX Academy offers its 6-months comprehensive data science course as its flagship analytics program. This data science certificate program covers a wide array of topics like exploratory data analysis, data extraction, python, machine learning algorithms, advanced deep learning, NLP, and many more. The business analytics course program of UPX Academy provides the right opportunity to the students to undertake any projects on global data sets from big organizations like Walmart, Twitter, and Amazon. It is also important for you to know that the business analytics course program of UPX Academy is best-suited for professionals who have an experience of around 1 to 5 years. This course can provide the right exposure to business analytics students by giving them the access to cloud lab.
Pedagogy – The comprehensive analytics program that is offered here at UPX Academy not only helps students with conceptual learning but also allows them with hands-on experience in relevant subject matters using real-life examples and case-studies.
Faculty – UPX Academy boasts a diverse range of faculties who have a combined experience of over 40 years in the industry. The faculty department of UPX Academy is adorned with many experienced professionals like Mr. Ratnakar, a seasoned business analytics professional with more than 14 years of experience in data science and business analytics.
External Collaborations – It is important for you to know that UPX Academy is powered by the renowned IT major – Tech Mahindra.
Other Attributes – UPX Academy not only guides the aspiring business analytics candidates for employment but also helps them to craft their resumes with acquired business analytics skills. In addition to this, UPX Academy also conducts various industry immersion sessions in order to help students interact with the industry professionals.
Website – www.upxacademy.com
- Founded in the year 2013, Edvancer is one of India’s top business analytics training institutes.
- Offers training in data science, business analytics, and big data and has trained over 5000 professionals.
- An IIT-IIM alumni venture and a leading online analytics knowledge hub, designed to meet the learning needs of all interested analytics students.
Courses – Edvancer offers its flagship business analytics program in certified data science specialist. This analytics course program is suited for both working professionals and freshers. It is important for you to know that this analytics course by Edvacer is specifically designed to proffer crucial hands-on capabilities to the students using multiple projects and real case-studies. Students who undergo the flagship analytics program by Edvancer are allowed with the lifetime access to all course materials and videos.
Pedagogy – Edvancer has live instructor-led online classes which are usually delivered by the analytics industry experts. The students at Edvancers are also ensured a full interaction with the program trainers and participants through voice and chat. It simply means that even the virtual classes of Edvancer’s flagship analytics program works like a normal class.
Faculty – Most of the faculty members of Edvancer are industry professionals, with each of them having a minimum of 5-10 years of experience in the field of analytics and data science. The faculty members at Edvaner are rigorously evaluated before their training, and then they are being trained extensively during the online pedagogy before being allowed to interact with students and take classes. Edvancer has a faculty to student ratio of 1:10.
External Collaborations – It is important for you to know that Edvancer has collaborated with Wiley, one of the world’s largest education providers with a certification in Hadoop and Big Data.
Other Attributes – Edvancer offers placement assistance to its candidates using its wide-industry network. The comprehensive industry network of Edvancer may include many renowned names like Cognizant, TCS, Hansa Cequity, ICICI Lombard, Accenture, Happiest Minds, HCL, L&T, and Wipro. Edvancer also offers Q&A forums, as well as discussion forums, in its LMS, which can be easily accessed by the students and the faculty members.
Website – www.edvancer.in
IMS Pro School
- Founded in the year 2014, IMS Pro School is associated with MSTB – Fovt. Of Maharashtra.
- Offers data science programs and other professional learning courses in accounts, finance, and business analytics.
- With an overall rating of 4.34, IMS Pro School has trained over 30,000 candidates for different professional courses.
Course – IMS Pro School offers a data science and analytics course as its flagship business analytics program. This program is basically divided into 3 essential terms. The first terms includes the fundamental statistical concepts along with regression, excel proficiency, clustering, and market based analysis. The second term of this course talks about Hadoop, tableau, python, and SQL database. Finally, the third term of this analytics course by IMS Pro School includes the crucial concepts of text mining, machine learning, retail analytics, and marketing analytics.
Pedagogy – The flagship analytics program of IMS Pro School is specially designed and prepared with inputs from professionals and practitioners in the academic side of business analytics. This course program is best for working professionals as well as freshers who don’t have any prior domain or IT knowledge. IMS Pro School also adopts a case-study based approach in order to train its students with several datasets assignments.
Faculty – Most of the faculties at IMS Pro School are graduates from India’s premier educational institutions like IITs, IIMs, and ISB. Some of the faculty members at IMS Pro School are the founders of start-ups functioning in the business analytics industry.
External Collaborations – IMS Pro School has external collaborations with MSTB – Govt. of Maharashtra, and an additional certification from NSE Academy. In addition to this, IMS Pro School also has academic collaborations with over 5 business analytics consulting firms for content development, project delivery, etc.
Other Attributes – IMS Pro School offers placement assistance to all aspiring candidates who have successfully completed its flagship analytics program. Besides placement assistance, IMS Pro School also helps analytics students with resume formulation and interview preparation. This leading business analytics institute also offers quick access to all its students to Q&A forum and other discussion forums which are updated regularly. IMS Pro School also has its own LMS to help students with their analytics course programs.
Website – www.proschoolonline.com
Ivy Pro School
- Founded in the year 2007, Ivy Professional School is the official learning partner of large corporates like IBM, Genpact, Accenture, Oracle, Deloitte, Infosys, GE, and Moody’s.
- With an overall ranking of 4.22, this leading business analytics institution in Delhi has trained more than 14,500 students and working professionals.
- Launched a new and unique study option of ‘Learn now, Pay when you earn’ for merit-based career acceleration.
Courses – Ivy Professional School offers a certification program in data science with machine learning. This course is not only designed for individual participants but it can also help freshers and working professionals to learn about the essential concepts of data science and machine learning. Ivy Pro School also offers endorsed comprehensive course programs like Business Analytics Certification Course. This certification course program of 200 hours may include excel dashboards, statistical modeling, SAS, SQL, VBA, etc.
Pedagogy – It is important for you to know that Ivy Professional School follows a model of ‘See-Act-interpret-Assess’ to train its students. The analytics course programs that are offered here at Ivy Professional School focuses on the right amount of theory, as well as concept coverage, using the carefully designed reference materials. It eventually ensures that the participating students are understanding the essential analytics concepts without much difficulty.
Faculty – Ivy Professional School has 100% faculty with deep industry experience. Most of the faculty members at Ivy Professional School are PhD. The core faculty team at Ivy Professional School has a combined experience of over 100 years of experience in data science, business analytics, and consulting.
External Collaborations – Ivy Professional School has trained different batches of P.G. students from Jadavpur University, Calcutta University, and other reputed US universities. In addition to this, Ivy Professional School has also launched an executive risk analytics program with Genpact.
Other Attributes – More than 100 business analytics companies and organizations have recruited the analytics candidates of Ivy Professional School through Ivy Pro’s dedicated career centre team. This business analytics institution offers lifetime access to its students to Ivy’s exclusive job portal. This analytics exclusive job portal helps students to prepare for interviews with the help of case-studies and mock-interviews.
Website – http://ivyproschool.com/
- Set up in the year 2008, Edupristine is a premier finance training provider in India and other parts of the world.
- Edupristine is founded by industry professionals from different MNCs like Accenture, S&P, Standard Chartered, and Goldman Sachs.
- With an overall rating of 4.02, Edupristine offers different courses and certification programs in business analytics to its students.
Courses – Edupristine offers a joint certification course in business analytics as its flagship analytics program. This business analytics certification course mainly offers predictive modeling, data mining, logistic regression, and predictive analytics. It is important for you to know that this certification course is divided into 3 different modules and it basically covers all essential aspects of data science and analytics, such as central tendency, data variables, random variables, etc.
Pedagogy – The online training that Edupristine offers to its analytics students is about 8 days long. This online live-instructor based training includes over 65 video tutorials of about 1200 minutes each, as designed by the topic experts.
Faculty – Talking about the faculty at Edupristine, most of its faculty members are PhDs. With a faculty to student ratio of 1:30, Edupristine embraces a mix of industry and academic experts who’ve worked on large analytics projects. With a relevant experience of around 5 to 15 years, the faculty members at Edupristine are dedicated to help aspiring analytics students with theory and other essential analytics concepts.
External Collaborations – Edupristine has its collaboration with Dun & Bradstreet, one of the world’s leading providers of knowledge, global business information, and insights. It eventually allows Edupristine to offer a wide range of solutions to finance, operations, sales, and marketing professionals.
Other Attributes – Edupristine not only offers 100% placement assistance to its students but also provides them with online forums on the website to get all their doubts solved by experts. The students at Edupristine can also initiate discussions through their online forums posts.
Website – http://www.edupristine.com
- Started in 2012, Nikhil Analytics aims to train and deliver industry-ready candidates in the world of data science and analytics.
- With a rating of 3.90, Nikhil Analytics has trained over thousands of candidates.
- Focuses on producing skilled professionals who can easily survive in the company they’re working for.
Course – Nikhil Analytics, a leading institution in data science and business analytics, offers data science and modeling power pack to the aspiring students as its flagship analytics program. This institution provides hands-on training to its students on python, SAS, Excel with VBA, tableau, statistical modeling, SQL, and other machine learning concepts. It is important for you to know that Nikhil Analytics covers its course training according to the industry requirements.Not only are its course programs updated at regular intervals but most of its courses focus on modeling, data science, machine learning, and data visualization.
Pedagogy – Nikhil Analytics offers proper training to its students, where candidates are allowed to use their own systems. Initially, concepts are explained and then the candidates are assigned with practical work.
Faculty – Nikhil Analytics has a faculty to student ratio of 1:10, with over 6 of its faculty members having deep industry experience. All the faculty members at Nikhil Analytics hold the highest graduation degrees with additional certification programs from renowned universities like MIT, NTU, etc.
External Collaborations – Nikhil Analytics has a collaboration with NTU Singapore for offering Advanced machine Learning training to the interested candidates.
Other Attributes – Nikhil Analytics claims to offer 100% placement assistance to its students. This renowned business analytics institution also conducts mock interview sessions for ensuring better performance of its candidates.
Website – http://nikhilanalytics.com/
- Established in the year 2013, Imarticus has now become one of India’s leading business analytics education institutes.
- Empowers large organizations and individuals to meet their skill set requirements and human capital.
- With an overall rating of 4.20, Imarticus has trained more than 20,000 analytics candidates globally.
Course – Imarticus offers a pro-degree program in data science and business analytics as its flagship analytics program. This course program covers all the foundational concepts along with hands-on learning of different analytics tools like python, SAS, R, and tableau. The best part of this course program is that it not only offers theoretical knowledge of data science tools to its students but also helps them with gaining exposure to different business perspectives.
Pedagogy – The pro-degree course program in data science and analytics that is offered here at Imarticus is extremely practical. It eventually helps the students to get equipped with the requisite skill sets to master various analytics job responsibilities.
Faculty – Imarticus has a faculty to student ratio of 1:15, and most of the faculties here at Imarticus have over 10 to 15 years of industry experience.
External Collaborations – It is important for you to know that the DSP program of Imarticus is mainly endorsed by Genpact, a global leader in digitally powered services and process management.
Other Attributes – Imarticus own a CAS or Career Assistance Services team which provides 100% support to the students through its data science and analytics program alongside helping them to navigate through ample career options.
Website – www.imarticus.org
Scope of Business Analytics Career in India
It is a well-known fact that the scope of business analytics profile is constantly growing in India and other parts of the world. Today, business analytics has turned out to be a significant part of any business for enlisting all significant data insights. It is also essential for you to know that investigating business analytics includes certain crucial aspects like right resources, right business objectives, right business culture, right technologies, and right top-management commitment. There are lots of companies hiring trainees after completion of business analytics course in noida.
Talking about the scope of business analytics career in India, business analyst is now termed as one of the most desirable jobs because it has an incredible combination of business and analytic abilities. In addition to this, the business analyst role offers a profitable salary, which is why it is considered the most desirable jobs for many working professionals. Even though the future career path of business analysts is not well-defined, there are still numerous opportunities that exist for an experienced business analyst. Some of these lucrative job opportunities may include:
- Career Business Analyst
- Business Analyst manager
- Business Analysis Competency manager
- Relationship manager
- Business Architect
- Project manager
- Subject matter expert
Scope of Business Analytics Career Outside India
If we talk about the scope of business analytics career outside India, an undergraduate or a master’s degree in business analytics or data science can eventually widen the job opportunities along with enhanced value. There are different career options available in business analytics outside India, some of which are listed below.
- Data Scientist/Analyst
- Management Analyst
- Management Consultant
- Business Intelligence Analyst
- Big data Analytics Specialist
- Program managers
- Marketing managers
- Operations Research Analyst
- Market research Analyst
Various Interview Questions for Business Analytics Course Aspirants
If you are one of those working professionals who is looking forward to attending the business analyst interview recently, here are some of the most common interview questions and answers that could help you in the right way.
Question 1 – What are the key responsibilities of a business analyst?
Some of the important roles and responsibilities that are anticipated from any business analyst are:
- Planned thinking method
- Client facility skills
- Co-operating with other staff
- Upright communication skills
- Management skills
- Logical skills
- Capability to drive changes
- Client oriented
Question 2 – What is a flowchart?
Flowchart basically displays the complete flow of system via diagrams and signs. Flowcharts are extremely important because they can make any system simple to recognize by the developers, as well as concerned individuals.
Question 3 – What is the meaning of an activity diagram?
An activity diagram refers to an easy and intuitive type of flow chart which eventually allows the experts to present a simple and strong graphical workflow. The main aim of an activity diagram is to display numerous events that are taking place in diverse sections of an association.
Question 4 – Mention all significant elements of an activity diagram.
The important elements of an activity diagram include:
- Initial Nodes
- Control Flows
- Guard Conditions
- End Nodes
Question 5 – What do you mean by project management?
Project management actually refers to the procedure of planning, establishing, stimulating, and governing events, resources and other essential procedures in order to attain a definite goal. Project management is basically used for establishing all types of technical glitches. Its primary task is to obtain all crucial project areas, which may include periods, opportunity, excellence, budget, etc.
Question 6 – What is a use-case model?
A use-case model refers to a business analysis presentation that includes the steps used for defining the interactions between the system and the user. As a matter of fact, a use-case model gives all essential details about the user-system interactions and at the same time, sets expectations about how the user will work within the system. A use-case model mainly consists of 2 parts:
- Use-Case Diagram – A graphical representation that details which user can operate which use-cases.
- Use-Case description – A well-detailed textual presentation of dialogues and interactions between the user and the system.
Question 7 – What is UML modeling?
UML stands for unified Modeling language. UML actually refers to the standard that the industry uses for documenting, constructing, and visualizing different components of a system. UML modeling is basically a modeling standard that is primarily used for software development. However, it can also be used for different conceptual models like business processes, job roles description, and organizational functions.
For business analysts, UML modeling represents all essential requirements within the class diagrams, state diagrams, and use case models. Therefore, it is imperative for the business analysts to understand UML modeling in order to understand diagram tools and their applications.
Question 8 – Define SaaS?
The full form of SaaS is ‘Software as a Service’. In fact, SaaS is associated with cloud computing. Basically, it is an online software which can be easily operated with the help of a proper internet connection and a web browser. SaaS is different from other software because you don’t need to install it in your machine. It is actually a software delivery model through which the user can easily host the data and the software in the cloud.
Question 9 – What is the meaning of benchmarking?
Benchmarking refers to the process of measuring the quality of programs, policies, rules, and other essential measures of an organization against the standard measures or other companies. Benchmarking can also be used for measuring the performance of any business or an organization to compete in the industry. The main purpose of benchmarking is to determine the areas of improvement in any business or a company, and at the same time, analyze how the neighboring organizations are accomplishing their goals.
Question 10 – What is PEST analysis and what is its significance?
The full form of PEST is Political, Economic, Social and Technological. PEST analysis is mainly used for assessing these 4 crucial factors in the current business situation. PEST analysis is extremely beneficial for businesses because it helps in understanding how these four vital factors will affect any business or organization in the long term.
The business analyst career is actually an excellent career opportunity for all those individuals who have the capability of developing solutions, analyzing and evaluating data, and handling numerous individuals at a time. There is an excellent career opportunity for business analysts in India, as well as outside India.
In fact, having a sound knowledge of analytical tools, domain area, and database management experience can eventually lead to a promising career in business analytics. From leading financial institutions to consultancies, business analysts are required everywhere. So, if you want to progress in your career path as a business analyst, make sure that you choose the right career opportunities and opt the right business analytics institute in order to outshine as a skilled and successful business analyst. For more details on the subject, reach out to www.techstack.in/blog/