How to Start a Career in Business Analytics
Business analysts are highly sought-after professionals in today’s competitive market. By combining technology, analysis, and domain knowledge, they are able to identify trends and recommend solutions to improve a business’s bottom line. If you’re looking to break into business analytics, here are some steps to get you started on your journey.
1. Learn the Basics of Business
The ability to understand business operations is a key competency for any business analyst. If you don’t already know the basics of business, take a class or read widely to become familiar with the core concepts. Topics to explore could include:
- Accounting: Gain an understanding of how a business captures, records, and evaluates its financial performance.
- Marketing: Analyze how the organization approaches growth, from identifying the target market to creating messaging engagement.
- Strategy: Learn proven models and frameworks to create plans, set goals, and capitalize on external opportunities.
2. Develop Technical Skills
Programming skills are invaluable for any business analyst. The ability to query databases to retrieve relevant information or to understand the basics of visualization software can take your career to the next level. You can find boot camps, online classes, and even self-study options to help build your technical capabilities.
3. Get Hands-On Experience
It’s one thing to learn the theory and quite another to actually apply it. Consider joining a startup accelerator or taking on an apprenticeship at a consulting firm to gain experience and valuable insights. Even if it’s a volunteer position, you could get the opportunity to shine in a variety of different areas.
4. Take on Certification Courses
Investing in certification courses to build your skills and knowledge can be an excellent option, especially if you don’t have a lot of work experience. Courses vary in length and cost, so you should be able to find one that fits your needs and budget.
Finally, don’t forget the importance of relationships and networking. Building relationships with your peers, mentors, and potential employers can open up more opportunities for you to collaborate and enhance your skills. Invest the time and resources to build meaningful relationships, and you’ll be well on your way to a successful career in business analytics.
Breaking into the business analytics field can be an intimidating task. But, with dedication and commitment, you can gain the foundational knowledge and skills you need to get started. Start by learning the basics, build your technical skills, gain hands-on experience, invest in certification courses, and network with the right people. Soon, you’ll be on track to a successful and rewarding career.