In recent years, the
need for Data Science and Business Analytics has skyrocketed. Based on
different market studies led by different institutions, the Global Data Science
market platform is expected to cross USD 200.00 billion by 2026.
Moulding and analyzing
company data has become critical to helping organizations navigate a constantly
evolving, data-driven environment. Globally, the continuing epidemic has
accelerated the digitalization of enterprises across all fields of endeavour. Businesses
have quickly accepted the potential of these technologies to remain competitive
in today's market.
However, a few
surveys were conducted where it was found that 83% of data-driven firms in
India benefited from Covid-19. Every day, the importance of Data Science and
Business Analytics to organizations becomes more apparent. ICRI is one of the
prestigious institution to launch a Bachelor in Business Analytics and Data
Science.
But first, let us
know what it is exactly!
What
is Data Science and Business Analytics exactly?
Globally, data is always being created, and what
we do with it is what matters. Almost everything we do online creates data. As
a result of the vast volume of data, we can categorize and anticipate hidden
patterns to draw useful insights from them.
With the right data clarity and analysis,
companies may increase their profitability. According to the reputed survey
associations Tableau Software and YouGov, nearly 76% of data-driven Indian firms,
as opposed to non-data-driven companies, are positive about their future
company health in the next months.
On top of that, they utilize it to develop
analytical models for problem-solving, identify the target audience, design
company plans, and forecast future trends.
For this reason, companies aggressively recruit
data and business analytics experts to join their teams to assist them in
meeting business objectives. ICRI India reviews the career option as one of the
fastest-growing careers in India. The need and sudden rise of business analysts
and data scientists have opened doors to ample opportunities.
You should also gain
knowledge in this area for two more reasons:
Prospective Career Paths: There is a wealth of chances for professional
advancement in data science and analytics. Learners will get the skills and
knowledge to become a Data Scientist, Business Analyst, Analytics Manager or
Business Analytics Specialist by building their careers as a Data Scientist or
a Data Architect or data engineer.
Lucrative Payscale: Experts in these fields may expect to earn a lot
of money depending on their expertise. An early-career Data Analyst with 1-4
years of experience makes an average of Rs 4 lakhs up to Rs 6.8 lakhs per year,
whereas an early-career business analyst earns up to Rs 5 lakh to Rs 8 lakhs
per year. A person's compensation grows with experience.
ICRI Delhi provides
its students with placement opportunities to gain more experience after
completing their degrees.
Based on a new report
from Linkedin reveals that Data and Analytics job profiles are among the
fastest-growing in-demand. Analytical enthusiasts should take advantage of this
opportunity to improve their skills and establish a lucrative profession.
In addition to
helping new graduates and early-career professionals get a head start in their
careers, improving Data Science and Business Analytics skills may assist
workers at all levels in altering their careers. Contemplating this growth, ICRI
boasts of having this programme in their curriculum, which boosts the career of
their prospective students.
For more information
about Business Analytics and Data Science, you can talk with the career
counsellors at ICRI.
0 comments:
Post a Comment