Data analytics is a popular field of study that can be pursued independently or in conjunction with specializations such as Big Data, Machine Learning, and Business Analytics. Obtaining a certification is a practical way to start a career in data analytics. Some of the best websites for online data analytics courses are Coursera, Simplilearn, edX, and Udemy. Students can also pursue a degree in data analytics at the undergraduate or graduate level. Various colleges and universities offer data analytics programs with different eligibility criteria and course fees.
The BSc in Data Science is a three-year program that combines computer science, business analytics, and artificial intelligence. Students are admitted based on academic standing and achievement on entrance exams.
Data analysts are responsible for collecting, organizing, and analyzing large sets of data to extract valuable insights and patterns. They use tools and techniques to identify trends and contribute to business growth. To become a data analyst, one needs a strong foundation in statistics, programming, and data visualization, as well as critical thinking and communication skills. The demand for skilled data analysts continues to rise, making it a promising career path. Data analysts gather, process, cleanse, evaluate, and communicate data to support decision-making and problem-solving.
Data analytics is the study of analyzing raw data to draw inferences and gain insights. It is beneficial for businesspeople and students looking to operate their own company as it helps in obtaining consumer insights from a data set. There are four types of data analytics: descriptive analysis, diagnostic analysis, predictive analysis, and prescriptive analysis. Descriptive analysis provides historical insights, while predictive analysis makes predictions about future events. Diagnostic analysis delves deeper into the data to identify underlying causes, and prescriptive analysis determines the optimal course of action. Companies choose different types of analytics based on their decision-making process.
Market research analysts play a crucial role in helping organizations enhance product specifications, broaden product outreach, and strategically promote their offerings.