Learn Business Analytics with Online Courses
What is business analytics?
Many businesses are prioritizing the use of data in decision-making. But businesses don’t always know how to gather the right kind of data or interpret the data they do have. That’s where business analysts come in.
Business analytics includes the gathering, understanding, and application of data within an organization to make informed business decisions and solve problems.¹ A business analyst will use analytics tools and statistical methods to uncover critical information about a business’s past performance and develop predictive modeling. A more traditional function for a business analyst might be making predictions about inventory needs based on seasonal sales trends. But the nature of data collection has changed with the growth of the digital landscape. Now, business analysts can find themselves mining through unstructured data like product reviews to help companies set policies and goals.
For those interested in understanding how to become a business analyst, there are a number of different options for learners. Business analytics jobs require some specialized knowledge, although you don’t necessarily need prior experience to enter the field. Depending on your career goals, you can develop your skills in a business analytics course online, or you may choose to pursue a business analytics certification or a business analytics degree.