Data Science & Business Analytics

FAQs

• What is Data Science and Business Analytics?

  Data Science : Data Science refers to the extraction of insights from the data gathered using different methodologies. The process involves identifying the problem, performing an exploratory study on the data, modeling the data using various algorithms, and finally visualizing the results through graphs, dashboards, and more.

  Business Analytics : Business Analytics is a field that involves building simulations and analysis models to understand realities, create scenarios, and predict future states of business. In simpler words, it’s a practice of combining key data about organizational performance to improve the planning and performance of a business

• What are the best foundation courses in DS & BA for beginners?

  Here are some of the best foundation courses in DS & BA for beginners:

  • Introduction to Data Analytics

• What are the best courses in DS & BA for intermediates?

  Here are some of the best courses in DS & BA for intermediates:

  • Data Science with R Programming
  • Data Science with Python
  • Tableau Training
  • Power BI Certification Training

• What are the advanced level courses in Data Science and Business Analytics?

  Here are some of the best advanced-level courses in Data Science and Business Analytics:

  • Data Scientist Master’s Program
  • Data Science course with Placement Guarantee
  • Data Analyst Master’s Program
  • Data Visualization Expert Master’s Program
  • Business Analyst Master’s Program

• Do you offer any university partnered programs?

  Yes, Simplilearn provides you with multiple Professional Certificate Programs and Bootcamps in collaboration with universities

  • Professional Certificate Program in Data Science – with Purdue University
  • Data Science Bootcamp – with Caltech University
  • Professional Certificate Program in Data Analytics – with Purdue University
  • Post Graduate Program in Business Analytics – with the University of Minnesota
  • Business Analytics Bootcamp – with the University of Minnesota
  • Business Analytics Program For Strategic Decision Making – with IIT Roorkee

• What does the DS & BA job market look like?

  IBM had predicted that the demand for Data Scientists will grow by 28% in 2020. Going by the recent trends, there are more than 54,000 global data science jobs posted on LinkedIn alone. In fact, “Data Scientist” was one of the top 50 job profiles in the United States and is considered the most promising career in 2021. And so is the case with Business Analytics. As per a report by McKinsey Global institute, there is a requirement of 140,000 - 190,000 individuals possessing Business Analytics skills in the USA alone.

• What are the top job titles in this field?

  Here are some of the top job titles in this field:

  • Data Analyst
  • Data Scientist
  • Data Architect
  • Analytics Business Partner
  • Business Analytics Specialist
  • Business Intelligence Analyst
  • Statistical Programming Specialist
  • Business Intelligence Engineer

• What is the recommended career path for DS & BA aspirants?

  For a DS & BA aspirant it is mandatory that he/she invests a great amount of time and effort in mastering today’s most important data science and business analytics concepts. Aspirants need to have an in-depth knowledge of databases, data engineering, and programming languages such as Python and R. Additionally, an understanding of machine learning, and data visualization tools like Tableau gives aspirants a competitive edge in the field of data science.

• What is the average salary of Data Science and Business Analytics professionals?

  Data Scientists and Business Analytics managers are offered lucrative salary packages globally. The average annual salary of a data scientist is around $96,494 in the United States. An experienced data science professionals can command even higher salaries ranging up to $137,000 annually. On the other hand, a Business analytics manager earns around $95,920 annually, with experienced professionals earning up to $127,000 per annum.

• What are the top industries suitable for professionals in this field?

  Data-driven decisions have helped companies achieve higher ROI and various sectors across industries are hiring data scientists and business analytics professionals now. Information technology, retail, eCommerce, BFSI, manufacturing, biotechnology, and telecommunication are some of the top industries seeking data science and business analytics professionals

• What are the top companies hiring professionals in this field?

  Here are some of the top companies hiring professionals in this field:

  • Oracle
  • Salesforce
  • JP Morgan Chase
  • Intuit
  • Amazon.com
  • Amazon Web Services
  • Lenovo