Blog > Gain an in-depth Understanding of Business Analytics for Your Career Advancement
Gain an in-depth Understanding of Business Analytics for Your Career Advancement
March 23rd, 2023
![Gain an in-depth Understanding of Business Analytics for Your Career Advancement](https://upgradcampus.com/wp-content/uploads/2023/03/Gain-an-in-depth-Understanding-of-Business-Analytics-for-Your-Career-Advancement.jpg)
- Business Analytics: A Brief Overview
- Difference between Business Analytics & Data Science
- Advantages of Business Analytics
- Certification Program in Business Analytics by UpGrad Campus
- Conclusion
Business Analytics: A Brief Overview
Business Analytics is the use of quantitative methods to gain insights from data to inform business decisions. It involves four primary techniques:- Descriptive: This analysis looks at past data to identify trends and patterns.
- Diagnostic: Through this technique, we can use the same data to examine why certain events occurred.
- Predictive: This uses statistics to predict future outcomes.
- Prescriptive: It applies techniques to determine the best outcome for a given situation.
Difference Between Business Analytics & Data Science
![Difference Between Business Analytics & Data Science](https://upgradcampus.com/wp-content/uploads/2023/03/Difference-Between-Business-Analytics-Data-Science.jpg)
Advantages of Business Analytics
![Advantages of Business Analytics](https://upgradcampus.com/wp-content/uploads/2023/03/Advantages-of-Business-Analytics.jpg)
Importance of Studying Business Analytics
Studying Business Analytics can be immensely beneficial when looking to take a data-driven approach to business. According to LinkedIn, Business Analysis is one of the top skills that companies need most in 2020. The Bureau of Labor Statistics also predicts an increase of 23 percent in operations research analyst jobs from 2020 to 2031, which is faster than the average for occupations. By studying Business Analytics, professionals can learn how to interpret data findings in relation to their business-related processes. Some people may be good at crunching numbers, but it's those who can interpret the data in the context of the business that will thrive in our ever-changing world.Certification Program in Business Analytics by upGrad Campus
![Certification Program in Business Analytics by upGrad Campus](https://upgradcampus.com/wp-content/uploads/2023/03/Certification-Program-in-Business-Analytics-by-UpGrad-Campus.jpg)
Key Highlights of the Business Analyst Course
- 4.5 Month Duration - Live and Recorded Sessions - 300+ Hiring Partners - Guaranteed CertificationConclusion
![Conclusion](https://upgradcampus.com/wp-content/uploads/2023/03/Conclusion-4.jpg)
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