Wondering how to become a business analyst in India? What if we told you that you could learn business analytics free and enter this sector? With our new upStart program, it is now possible to learn business analytics online for free. All you have to do is go to our upStart page, select the course you want to study, and register.
In this article, we’ll talk about the benefits of learning business analytics, how our course can help you understand this skill, and what its contents are. Let’s get started.
Why Learn Business Analytics?
Using data as effectively as possible is the need of the hour for businesses. That’s why the demand for business analysts is continuously on the rise. They use data to generate insights through which they propose solutions to a business’s existing problems. Another reason why you should learn business analytics online free is because of the handsome pay this sector offers.
The average salary of a business analyst in India is INR 6 Lakh per year. With more experience, it can grow up to INR 10 Lakh per year too. Business analysts find roles in multiple sectors, including Finance, Technology, Automotives, etc.
Why Choose Business Analytics Starter Pack from upGrad?
You’re sure about becoming a business analyst but wonder whether you should learn business analytics online free through upGrad. So here are some reasons why you should learn business analytics free through upGrad.
1 to 1 Industry Mentorship
You get to learn exclusively from a leading industry expert. You get dedicated attention, which helps in learning quickly and adequately.
Cutting Edge Content
upGrad creates some of the best online courses in partnership with premier institutes. The detailed and professionally curated content will enhance your learning experience substantially.
Weekly Live Lectures
You’ll get live lectures per week during the duration of the course. The instructor will explain every topic in detail, and you’d be free to ask questions or share doubts.
After the completion of the business analytics free course, you’ll earn a certificate. It will enhance your resume considerably.
What Will You Learn?
upGrad’s business analytics free course will help you learn all the necessary skills you need to get started in this field. Business analytics is a complicated sector that deters many people from entering it. Our course will give you all the tools you need to simplify this sector for yourself.
The course material is suitable for students and professionals who want to learn about business analytics. It covers the fundamentals of this field so you can make progress comfortably. The course lasts for six weeks, and you would only have to invest 30 minutes every day during this period.
It has the following sections:
- Jargon Busting
- Understanding the Business Problem and Formulating Hypothesis
- Anatomy of Decisions
- Data Analysis in Excel
- Analyzing Patterns and Storytelling
- EDA (Excel)
This structure helps you learn all the necessary concepts step-by-step while removing your doubts. Let’s discuss each of these sections in detail:
The first section of the course will cover the technical terms business analysts use regularly. A common reason why people deter from pursuing a career in this field is the number of technical terms present in it. The jargon seems scary to many because it restricts their ability to understand what is actually being said in the study material. The terminology makes it difficult for new students to understand the concepts.
That’s why we begin our business analytics free online courses by demystifying the jargon. This section will make you familiar with the vocabulary of the data science field. It would help you in understanding the meaning behind the various technical terms.
Understanding the Business Problem & Hypothesis
A business problem is a short or long challenge a business faces. They might be preventing the company from achieving a particular goal or implementing a plan. They can even threaten the long term existence of the enterprise.
Business analysts’ primary task is to identify the issues their organization is facing and propose solutions accordingly. So, to become a business analyst, you should know how to spot business problems and create hypotheses for them. A hypothesis is your proposed explanation for a specific occurrence. A hypothesis doesn’t have a predetermined outcome.
Our course teaches you about what a business problem is, which is one of the building blocks of business analytics. By understanding the concept of business problems, you’d find it easier to identify them in real life and formulate solutions for them. The course teaches you the stepwise process of recognizing and understanding a business problem and the process of building a hypothesis around that issue.
Anatomy of Decisions
Decision-making is a highly complicated subject. It is among the major sections of business analytics too. There are multiple steps in a business decision: collecting information, analyzing the data, identifying or developing alternatives, choosing an alternative, implementation, and following up on the same.
This section will explore all of these steps of business decision-making. You’ll learn how you can utilize analytics and its tools and concepts to make better-informed decisions. The section will give you use cases of business problems where data science has been successful (and where it hasn’t) to help you understand the use of business analytics in decision making.
Data Analysis in Excel
Microsoft Excel is a spreadsheet tool from Microsoft for macOS, Windows, iOS, and Android. It has many tools and features that allow data handling and performing operations such as pivot tables, calculation, graphing methods, etc. For data science professionals, MS Excel is a must-have.
You can use Excel to perform many business analysis operations, and this section will help you learn about the same. This section will explore different aspects of Excel you’d be using as a business analyst, from simple keyboard shortcuts to dedicated tools. Moreover, MS Excel boasts of having dedicated functions for performing analysis of available data. This section of our course will cover the basics of using Excel in business analysis. We’ll discuss the more advanced MS Excel implementations and its uses in business analysis in a later section of our business analytics free course.
Analyzing Patterns and Storytelling
In this section, you’ll get to learn how business analysts recognize patterns in their data to analyze the same. Identifying patterns and generating insights from them is one of the vital sections of business analytics. However, pattern recognition and insight generation aren’t enough. You might have found something spectacular, but if you can’t convey it correctly, your effort would go in vain.
That’s why we’ll also explore storytelling in our business analytics free online courses. Mastering storytelling takes effort, and this section of our course will help you learn this vital skill. You’d know how to convey your thoughts and information in an exciting and useful manner.
It’s the final section of our course, and it will cover another prominent area of data analysis, EDA. EDA stands for exploratory data analysis, and it focuses on analyzing data to summarize its primary highlights through visual representations.
You’d learn how to use MS Excel to analyze, summarize, and display your findings through the right representations. Graphical representations are vital for business analytics professionals because they help them share their insights with non-technical audiences.
Also Read: Career Options in Business Analytics
How to Start
To learn business analytics online free, you only have to go to our upStart page, select our business analytics course, and register. The process is quick and easy to follow.
Once you register, you can start your learning journey through upGrad. By investing mere 30 minutes every day for a few weeks, you’d have developed a new professional skill.
Sign up here today, and start learning.
If you have any questions or doubts, feel free to contact us by dropping a comment below or through the Contact Us page. We’d love to help you out.
If you are interested to learn more about business analytics, upGrad’s Global Master Certificate in Business Analytics from Michigan State University with separate courses on “Data Mining and Management Strategies” and “Applying Business Analytics” can help you enhance your business performance and drive growth. Since the course is conducted 100% online, it doesn’t require you to compromise focus on business operations.