Education & Career Trends: November 15
Curated by the Knowledge Team of ICS Career GPS
- Excerpts are taken from an article published on analyticsinsight.net.
Engaging in business analytics involves processing historical business data to unveil trends, patterns, and root causes, enabling informed, data-driven decisions. This field encompasses understanding requirements, development and management, and functional testing, making it a relatively new yet increasingly popular specialization in management.
A Master’s in Business Analytics can significantly impact your career, offering increased job opportunities, and valuable skills. The relevance of these skills is expected to grow in the future. Let’s explore the top 10 career paths attainable with a Master’s in Business Analytics:
1. Data Analyst
- Involves collecting and evaluating data, focusing on sales numbers, market research, and logistics.
- Conducts surveys to gather essential information for analysis and presents data in an understandable manner.
2. Data Scientist
- Responsible for extracting valuable insights from large data sets, aiding informed decision-making.
- Utilises algorithms, AI, and ML to transform raw data into meaningful information for strategic business improvement.
3. Supply Chain Analyst
- Aims to enhance business operation performance by determining project requirements and coordinating with team members.
- Collaborates with different organisational teams to assess and optimise the current supply chain.
4. Marketing Analyst
- Gathers insights on products and services from a marketing perspective.
- Analyses marketing programmes and industry trends using customer profiling, data analysis, and predictive statistics.
5. Big Data Analyst
- Identifies, collects, and analyzes data to guide future business decisions in the dynamic realm of big data.
- Works with unknown data, patterns, and hidden trends.
6. Business Analyst
- Focuses on understanding changing business needs, evaluating their impact, and analysing data requirements.
- Facilitates communication among all stakeholders involved in the business process.
7. HR Analyst
- Uses computer applications to analyse human resources data, aiding in recruitment, employee motivation, and addressing staffing issues.
8. Predictive Modeller
- Develops and utilises predictive models to make informed predictions based on provided data.
- Requires expertise in statistics, analysis, and technology.
9. Chief Technology Officer
- Masters strategic thinking and technical analysis to ensure organisational competitiveness through business data.
- Plays a crucial role in guiding technological strategies.
10. Technical Team Lead
- Ensures proper technical development, high-quality products, and timely delivery.
- Requires technical expertise, strong leadership qualities, and managerial skills.
Embark on a journey into the dynamic world of business analytics and discover the diverse and rewarding career paths available to you.
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Have you checked out yesterday’s blog yet?
How to Become a Technical Writer
(Disclaimer: The opinions expressed in the article mentioned above are those of the author(s). They do not purport to reflect the opinions or views of ICS Career GPS or its staff.)
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