Business Analytics is an implementation of business skills, technology and practices to gain insight into the future business planning. It is useful for fraud detection, analyzing customer relationship management and Human resource management. Successful business analytics depends on the quality of data, skilled analysts who understand the technologies and the business, and an organizational commitment to data-driven decision-making. The other concepts which are the key features in analyzing business are statistical analysis and predictive analysis which carves out the profit or loss for future undertakings.
Business analytical course will impart insight into how data is used for recruiting and performance evaluation, the various tools for predicting customer behavior, solving business problems with data-driven decision-making approach, implementing regression analysis and analytical techniques in MS Excel.
One opting for the course is required to have great visualization skills, a detailed oriented mind, good communication skills, should be a critical thinker, inquisitive and should possess great problem-solving skills.