Career in Business Analytics-How to succeed

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Our webinar on the 5th of may was suitably used by many students and working professionals to ask their Analytics related questions and get their doubts cleared about career options in Analytics. Do take out time to read this valuable insight.

Business Analytics Industry & Career Opportunities

Analytics Gartner defines analytics as a process by which insights are extracted from operational financial and other forms of electronic data, internal or external to an organization.

Analytics can be used to create value using different types of Data:

  1. Structured data-Relational db, spreadsheets etc
  2. Unstructured data-social media blogs, web pages, chat history, call center data etc

Global Analytics Industry

Analytics Industry today- USD 121 billion

CAGR- 9.7%-Analytics Software Market

CAGR- 14.3%-Analytics Services Outsourcing

webinar 5th May1

 

Indian Analytics Industry

1 billion USD revenue generating market and it is to cross 2 billion USD by FY2018

Analytics Firms in India  (2014)  –  600+ out of which there are

  • Startups 500+
  • Product Firms 200+
  • Integrated Firms 100+

 

Analytics Implementation across Industries according to extent of use

webinar 5th may 2

 

Analytics job market in India

webinar 5th may 3

Highest % given to Risk Analytics (18%) followed by BI/Reporting at 14%. The Customer Insight function featured among the least for job postings at 2%.

Job Designations in Analytics

  • Business Analyst
  • Big Data Analytics
  • Lead Analytics
  • Analyst-Financial Analytics
  • Bi/Reporting
  • Data Scientist
  • Director-Machine Learning Analytics
  • Quantitative Analyst/Data Analytics

 

Skill sets to get into Analytics

  • SAS,
  • R,
  • HADOOP,
  • PYTHON,
  • Machine Learning

 

Analytics Salaries

Experience(in years) Avg. Salary(P.A)
0-2 4.5 Lacs
3-4 7 Lacs
4-6 9.5 Lacs
6-8 12 Lacs
8-10 16 Lacs
10-12  24 Lacs
12 & Above 27 Lacs & Above

Im sure this has motivated you to attend our next webinar. Look out for the next webinar date!

Team Ivy

 

 

 

 

 

 


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