Business analytics as a sector has grown significantly in the last few years. The business analytics market size in 2020 was USD 206.95 billion. In 2021, it grew to 231.43 billion. And experts speculate that by 2028, the business analytics market size will be USD 549.73 billion.
The growing market size also opens up multiple career options. Almost all organizations today realize the value of business analytics. It has a lot of potential for companies and has become a hot topic of discussion.
With a field in such demand, it is no shocker that the need for business analytics certifications and courses has also increased. If you are a fresher who wants a career in business analytics, you need to get these certifications. Undecided still? Don’t worry. We have got you covered.
We have listed five advantages of business analytics certifications in this blog. Keep reading to find out more.
5 Advantages of Business Analytics Certifications
Before business analytics became a part of organizations, reliance on error-ridden data to make decisions was common. Business analytics has allowed companies to analyze data better, only with a more reliable outcome. In short, business analytics has made decision-making easier.
Here are the top five usefulness of getting business analytics certifications.
a. It Opens Up Opportunities to Better Your Career Growth
The first advantage of getting business analytics certifications is its correlation to improving your career. It may seem obvious, but organizations nowadays want business analysts who are adequately trained. In a survey, 82% of companies said they are looking to create separate business analytics vertical. Out of those, only 12% said they had found a business analyst who meets their requirements.
There is a massive demand for business analysts, but the number of business analysts available is deficient.
You may not have a background in business analytics; however, a course in the field will introduce you to the basics. This is particularly valuable if you want to grow your career as a business analyst.
Also, business analytics certifications will make you competitive in terms of the job you get and the salary you quote. It places you in an advantageous position in the competitive job market.
b. It Teaches Popular Business Analytics Tools
A business analyst is expected to perform various tasks. Now, most of these tasks require different tools. While you have gathered knowledge of these tools by reading about them, attending business analytics certifications will help you comprehend how these tools work.
Theoretical knowledge is good, but having hands-on experience will boost your career. The business analytics certifications provided by AnalytixLabs ensure that you get a basic understanding of these tools and gather knowledge using them.
Some of the tools that you will learn with business analytics certifications from AnalytixLabsinclude, but are not limited to:
- Python
- SciPy
- NumPy
- Tableau
- SAS
- Excel
Each of these tools is essential for business analysts. Register for the courses, and you will become an expert in using these.
c. It Keeps You Updated with the Latest Industry Trends
The world is identified by its fast pace. Today’s industry is dynamic, and things keep changing with the drop of a ball.
And also, with the introduction of modern, flexible workplaces, the need to keep up with the industry trends is essential. When you undertake business analytics certifications, you get valuable insights on how to analyze these trends. And such insights can be of immense value when making proper decisions.
For instance, if you engage in marketing business analytics, you can collect your customer feedback and understand what they are looking for. With such information at your disposal, you can make informed decisions that will keep your customers happy and engaged.
d. It Teaches You to Better Explain Yourself
This might not seem a point, but trust us when we say that business analytics has much to do with presentation. Most organizations, when hiring a business analyst, look for exceptional communication skills. This is because a business analyst has to explain the data they uncovered to the management. Basically, they have to explain the data to ensure that the correct decision is made.
And let’s be all clear. Explaining data to the management requires a lot of visual representation. Charts and graphs become pivotal. Data visualization is an important aspect of business analytics.
When you opt for business analytics certifications, you learn how to better explain yourself with the help of visuals. You learn how to make clear and self-explanatory charts and graphs. And with such skills, your job can become easier.
e. It Opens Up Options to Work in Any Industry of Your Choice
All industries use business analytics. From healthcare to retail, finance to marketing, everyone uses business analytics to make informed decisions. When you get business analytics certifications, you open up several avenues for yourself.
With such courses, you can work in any industry you want to. Also, getting business analytics certifications gives you the flexibility to work in a multitude of other job roles. You can work as a product analyst, a business architect, or even a business solution designer.
These roles are in demand, and getting a certification will only increase your career options.
To Conclude
Business analytics is a happening career. It has immense potential, and with time, it will only grow. If you want to start a career in this field, you need to acquire business analytics certifications. AnalytixLabs is a leading provider of such courses that cover the basics of business analytics and teach you the tools and techniques that further your career.
