May 21, 2021
How a Masters in Business Analytics Could Help Your Career
A business analytics masters online can be a valuable addition to your resume and help you grow both professionally and personally. If you are looking for a career change into a more analytical area in which you can help shape the future of an organization, or if you are continuing on your journey to working in business analytics, then this course could be the right option for you. Furthermore, it is taught completely online, which allows you to continue with your job and other life commitments while you study. The course will give you plenty of valuable transferrable skills to help you progress in your business analytics career, in whichever industry you choose. Here are just a couple of the ways in which a masters in business analytics could help your career.
What is business analytics?
In general, business analytics is the process of compiling and reviewing data to inform future decisions within a company. Business analysts work in a range of positions and industries and help organizations with data-driven decision-making by looking at historic data and events, understanding why they happened, and implementing solutions to prevent the recurrence of negative events. The business analytics masters online can be customized so that you can fit it to the industry that you already work in, such as marketing, cybersecurity, or leadership. This means that you can build upon skills and knowledge that you already have, which is especially useful if you want to move into a different career within the same field or organization.
What is the course?
The business analytics masters online is a masters of science that is available to be studied by almost anyone. There are no GRE/GMAT requirements, and the only prerequisites are a BA or BS in any subject. This course can be completed in around two years and is taught 100% online, giving you the ultimate flexibility in your studies. There are many different modules, such as data visualization and analysis, prescriptive analysis, predictive analysis, and analytics capstone. You will also have the opportunity to use technology and software that you would be using in the workplace, including Tableau, SQL, Python, and SPSS. Being able to confidently use these technologies will help you work efficiently within a real-world setting, making you a valuable addition to any team. Furthermore, the course is competitively priced, making it a more affordable study option than some other in-person courses. If you are looking to gain new skills, meet new people, boost your career, and progress within your industry, then a business analytics masters online can help you achieve this and more.
Why should you study online?
There are multiple benefits to studying online, and they can all mean that this option is much more affordable and accessible for a larger number of people. If you cannot commit to full-time, in-person study for whatever reason, then the business analytics masters online can help you achieve your career aims while providing you the flexibility to continue with your other commitments such as a family or your job.
When you study in person, your location is important. You may need to move or commute daily, which is both expensive and time-consuming. Furthermore, your local educational institution may not offer the courses or levels of qualification that you need. This can delay your career advancement and cause you to waste time and money studying something you don’t really need or want. The business analytics masters online is completely remotely taught, which means you can log in whenever and wherever you are, regardless of your physical location.
Learning online also gives you more control over your learning environment. You will be able to create an atmosphere that caters to your needs and helps you become a productive and efficient learner who can take control of their own workload. If you do not enjoy working in a classroom environment, as it may feel overwhelming or intimidating, then online courses can be the perfect choice for you to further your education from the comfort of your own home.
Being a student can be very expensive, and you may not see the point in furthering your education if you already have a degree and a job. However, it is generally seen that the higher your level of education, the higher the level of jobs that become available to you, often with higher salaries. Therefore, investing in a master’s degree could pay off in the future. There are many financial expenses that come with being a student of any age in any area of study, such as tuition fees, living costs, rent, and travel. All of these can add up to make further education seem unachievable. When studying a business analytics masters online, you could reduce or remove some of these costs. For example, the tuition fees of the business analytics masters online are competitively priced, and you may also still be eligible for financial support or student discounts. Furthermore, learning from home means that you don’t have to commute to classes every day or worry about renting campus accommodation. Many online courses are designed to be completed alongside your other commitments, and the ability to work alongside your studies means you can continue to earn money and carry on with the rest of your life, making your course work around your schedule.
The business analytics masters online will, of course, teach you the important technical skills and the information you need in order to succeed in this field. It will also give you the opportunity to develop important personal skills that you will also need when working as a business analyst. These are called soft skills and are a set of non-technical, personal skills that help you excel in any workplace. You may already have many of them, but they can always be explored and developed. When you learn online, there are many unique challenges that you will have to overcome, and this will be done partly by using your soft skills. These include communication, problem-solving, conflict resolution, organization, and self-motivation, many of which are specifically useful for business analysts. Not only will you have the chance to develop these skills, you will also have practical examples to give to potential employers in an interview setting.
Another large benefit of online study is the amount of flexibility and control the courses can offer you over your learning experience and schedule. You will be able to learn from any location, at a time that suits you, fitting your studies around the rest of your life. Self-paced learning can be very beneficial, as you can study in your own time and at a pace that works for you. You will be able to take more time over certain areas and ask for support when you need it. This offers the ultimate flexibility, and you can also continue working and earning money while studying, developing your multitasking skills in the meantime. You will also get the chance to become a great independent learner and understand more about the way in which you work and take in information. This is very beneficial for a business analyst, as you will need to always be learning new information as methods and technologies change and advance.
Is this the right course for you?
If you are interested in business analytics, helping shape future decisions, and have a keen eye for detail and problem-solving, then the business analytics masters online could help you boost your career and your personal skills. There are multiple qualities and traits that make a great business analyst, and the business analytics masters online can help you understand how to develop and utilize these skills. They include:
As a business analyst, a large part of your role is identifying and solving problems. You will need to be a creative problem solver with a wealth of knowledge in order to interpret data and help shape decision-making to ensure the future of the company. There are also conflict resolution and negotiation skills that will come into play, as you may be working with people who have differing aims and goals, and you will need to help them reach the most appropriate conclusions. Business analytics is a mixture of technical skills and personal skills, and you will need to be a confident team player and communicator, as well as staying up to date with the latest technologies and ideas.
A large part of being a business analyst is working and communicating with many different people. You are essentially acting as a bridge between the advanced technologies at the businesses that need them, so you will have to have excellent communication skills in order to convey this complex information to a range of people. Communication also involves listening as much as speaking, and you will have to be able to listen and understand the requirements of the businesses that you are working for before taking this information to come up with appropriate solutions.
. Critical thinking
This is the ability to assess a situation objectively and make a judgment about it, which is one of the main roles of a business analyst. You will be looking at the data that is reported objectively and using this and the requirements of the client in order to recommend and implement the best solutions. You will have to quickly think of the various outcomes and solutions, which requires a lot of in-depth and up-to-date knowledge of various technologies and techniques. You will then need to efficiently identify the best ones and be able to communicate them to the client.
These are just a handful of the many personal and professional skills you will need in order to be a successful business analyst, and the business analytics masters online will help you identify and develop these skills, as well as teach you how to apply them in practical situations that could be encountered in the workplace.
What are the career outcomes?
A business analytics masters online can help prepare you to work in a range of roles and industries, helping to make data-driven decisions and improve the revenue of the organization. It is a role that combines personal and technical skills and a large range of technical knowledge. A few of the potential jobs and roles you could be doing include:
. Data scientist
Data scientists specialize in specific areas, such as speech analytics or video processing. As a data scientist, you will often have to communicate complex ideas to a wide range of people, and some may not have the same level of technological understanding as you. Therefore, you will need to have a high level of communication skills in order to accurately convey information and ideas and avoid any misunderstandings or miscommunications. Data scientists analyze complex digital data, often big data, in order to find solutions that work with businesses’ aims and boost revenue.
Data reporting is often where the first issues are spotted. This is an important role that is concerned with looking at events and not the causes behind them. Data reporters collate, analyze, process, and submit data which is then used to make the decisions. Accuracy and attention to detail are vital, as there is plenty of software that can help do this; however, many businesses prefer to do this manually with the use of data reporters.
Data strategists take the data that has been reported and analyze it in order to find appropriate solutions for the client. You will work with the data as well as the requirements of the business in order to match them up with the best solutions. As a data strategist, you will be changing or implementing strategies and working to ensure that problems do not reoccur.
A business analytics masters online can provide you with a high level of training in order to progress your career into more decision-making roles within an industry or company. The ability to learn online means that you can make the course work for you, continuing with your other commitments while working towards achieving your new career goals.