Frequently Asked Questions

A business analyst also may be referred to as a management analyst or management consultant. Business analysts determine ways to enhance the efficiency of many types of organizations and businesses. They provide advice to senior managers to make a company more profitable by reducing costs and boosting profits. Some of the tasks that a business … Continue reading “How to Become a Business Analyst”

Business intelligence analysts, a type of management analyst, study data, and systems at an organization and propose ways to make it more profitable and efficient. (BLS.gov). Business intelligence analysts provide advice to managers about how to make companies more profitable by increasing revenues and decreasing costs. Typical duties are: Collect and organize information about the … Continue reading “How to Become a Business Intelligence Analyst”

Data scientists mine complex data and systems-related data for their companies. These scientists are responsible for designing new ways to incorporate large amounts of information with a focus on IT topics. Data scientists work with teams of related technical professionals to manage massive amounts of statistical data and create different models based on the organization.  … Continue reading “How to Become a Data Scientist”

Financial analysts offer detailed guidance to businesses and individuals about investment decisions. They gauge the performance of stocks, bonds, and many other types of investments. (BLS.gov). They also study the strength of individual businesses to determine if they are suitable for investment. Financial analysts usually have the following tasks: Provide recommendations for individual investments and … Continue reading “How to Become a Financial Analyst”

Most roles that deal with data and information are in high demand, but fewer are as sought-after as data analyst. One big reason for that is that the job title of data analyst is quite broad, and these professionals can be found in virtually every industry. Organizations large and small, both for profit and not, … Continue reading “How to Get a Data Analyst Degree”

Our career expert dives deep into the aspects of business & data analytics and provides a one-of-a-kind analysis of how to start a career in this exploding field. Published on January 21st by Jen Hood. Reviewed by Jennifer Gaskin and Robert Steele. In This Section Pick a Business Analytics Specialty Business Analytics Skills Needed How … Continue reading “How to Get Started With a Career in Business Data Analytics – With Advice from a Career Expert”

Data rules our world, and nowhere is this truer than in the realm of business. Without a steady influx of accurate and useful data, it is difficult (if not impossible) for businesses to stay competitive and relevant today. That data flows in from a thousand different sources each and every day, such as: Customer and … Continue reading “What is Business Analytics?”

Risk management is the process of predicting and assessing risks and developing a strategy for avoiding or mitigating the impact they have on the organization. Risk management is crucial to businesses because without it, a company can’t thrive. We all accept that in life, things will inevitably go wrong — despite our wishes to the … Continue reading “Why Is Risk Management Important?”

Data science is on the rise, and it is increasing the demand for STEM (Science, Technology, Engineering, and Mathematics) students. The greater need for STEM students in because of the growing importance of data science and how it can change the world for the better. This fact means more educational institutions want to produce more … Continue reading “Why STEM for Data Analytics?”