What is Data Analytics?
Data analytics is commonly described as a process of examining data sets to draw conclusions on the basis of information available in them with the help of various software or specialized systems. Data analytics has become a very crucial part of commercial industries over the last few years as it enables more-informed business decisions based on scientific data and research.
Data science is an interdisciplinary field that uses scientific methods, processes, algorithms and systems to extract knowledge and insights from structured and unstructured data. Data science uses techniques and principles of Mathematics, Statistics, Computer Science and Information Technology to get actionable insights from data. Data science is related to Data Mining, Machine Learning and Big Data.
Difference between Data Analytics and Data Science
To understand the difference between Data Analytics and Data Science. Data analysis involves answering questions generated for better business decision making whereas Data science focuses on discovering new questions needed to drive innovation.
| Parameter |
Data Science |
Data Analytics |
|---|---|---|
| Scope |
Macro |
Micro |
| Goal |
To ask the right questions |
To find actionable data |
| Major Industries |
|
|
| Skills Required |
|
|
Data analytics and Data Science tools help scientists and researchers in verifying or reject scientific models, theories and hypotheses, thereby helping the company improve operational efficiency and customer service, gain a competitive edge and increase revenues. Data Analytics tools use historical data or the data being processed in real-time.
Data analytics methodologies include exploratory data analysis (EDA) and confirmatory data analysis (CDA). The former aims to find patterns and relationships in the given data; the latter examines whether hypotheses about a data set are true or false.
There are two forms of data analysis: quantitative data analysis which includes analysis of numerical data that can be statistically compared; and qualitative data analysis which is more interpretive and draws the conclusion from non-numerical data.
Other types of data science include data mining, predictive analytics and machine learning.
After completing a data analytics course one can get jobs like data engineer, data scientist, data architect, database administration and data analyst. The starting salary of a data analyst as per payscale.com is Rs 4 lakh and upwards.
Data Analytics and Data Science Eligibility Criteria
Data Science courses are available at the postgraduate level as a stream of specialization in Engineering, Computer Science and Management. The minimum eligibility criteria for a Data Analytics course is Bachelor's degree with at least 50% marks in aggregate or equivalent preferably in Science or Computer Science from a recognised university
Required Skillset for Data Analytics
To be good at data analysis, one needs to have strong analytical and numerical skills and must have a thorough understanding of computer software(s) like Querying Language (SQL, Hive, Pig), scripting Language (Python, Matlab), Statistical Language (R, SAS, SPSS), and Excel.Â
Essential soft skills required to be a successful data analyst includes good interpretive and communication skills, i.e. to be able to explain the process of data analysis and its outcome to a different set of audience (technical and non-technical). He/she must also possess attention to detail and problem-solving skills.
Data Analytics Course Fee & Data Science Course Fee
One can pursue Data Analytics at UG, PG and doctorate levels. The most popular Data Analytics courses are mentioned below:
| PG courses |
UG Courses |
|---|---|
| MBA/PGDM |
BE/BTech |
| MSc/MCA/MTech |
BSc |
Apart from the above-mentioned degree courses, one can also pursue short term online certification courses. These courses are ideal for working professionals who wish to add Data Analytics to their list of professional skills.
Data Analytics courses with fee
Various online and offline Data Analysis courses are mentioned in the table below:
| Certificate Name |
Provider |
Duration |
Fee |
|---|---|---|---|
| Data Analytics Master Certificate |
SimpliLearn |
1 year |
RS 44,999 |
| Introduction to Data Analytics for Business |
Coursera |
4 weeks |
Free |
| Business Analytics Course |
Edupristine |
10 weekends |
RS 25,000 onwards |
| Data Science and Analytics |
IMS Pro School |
140 hours |
RS 90,000 + GST |
| Programming in R |
NIIT |
44 hours |
Not Available |
| PG Certification in Data Science |
IIIT Bangalore |
7 months |
RS 3,736 per month |
Data Science courses with fee
Various online and offline Data Science courses are mentioned in the table below:
| Certificate Name |
Provider |
Duration |
Fees |
|---|---|---|---|
| IBM Data Science Professional Certification |
Coursera |
10 months |
RS 2,912 |
| Applied Data Science with Python |
Coursera |
5 months |
Free |
| HarvardX’s Data Science Professional Certificate |
edX |
1 year 5 months |
RS 33,000 |
| Amazon AWS Big Data Certification |
AWS |
170 minutes |
RS 22,500 |
| Data Curation Professional |
SAS Academy |
3-18 months |
RS 18,700 |
| Data Science Certification Course Using R |
Edureka |
5 weeks |
RS 22,409 |
| Elements of Data Science |
RICEx |
6 months |
RS 47,998 |
| Business Analytics and Data Science Course |
IMS Proschool Pvt. Ltd., Delhi |
1-3 months |
RS 50,000 to 1 lakh |
| Graduate Certificate Program in Data Science & Engineering (Big Data and Visual Analytics) |
SP Jain School of Global Management, Mumbai |
24 months |
RS 5 lakh |
Along with the above courses, students can also pursue a course on Big Data Analytics. It is also a part of Data Science. Big Data is now being used by almost every industry. In today’s scenario, it is very important for every organization to collect, preserve and analyse whatever data is being generated to avoid the fear of missing out on something important. Big Data Analytics has become crucial as it aids in improving business, decision makings and providing the biggest edge over the competitors. For professionals, who are skilled in Big Data Analytics, there is an ocean of opportunities out there. A study suggests that 77% of the companies and verticals across industries (including non-IT) are adapting to use Big Data. Thus many are recruiting data analysts and scientists.
Big Data Analytics Certifications
Various globally renowned organisations conduct courses on Big Data Analytics. These courses help a person to become successful in the field. A few of such certification courses are as follows:
- Mining Massive Data Sets Graduate Certificate
- Oracle Business Intelligence Certification
- Data Science Council of America Certification
- SAS Certified Data Scientist
- EMC Data Science and Big Data Analytics Certification
- Hortonworks Hadoop Certification
- Microsoft’s MCSE: Data Management and Analytics
Data Analytics Syllabus
A data analytics course consists of the following topics:Â
| Syllabus of Data Analytics | ||
|---|---|---|
| Data Structures and Algorithms |
Probability and Statistics |
Relational Database Management Systems |
| Business Fundamentals |
Text Analytics |
Data Collection |
| Data Visualization |
Statistical Analysis |
Forecasting Analytics |
| Simulation |
Machine Learning |
Optimization |
| Marketing Analytics |
Pricing Analytics |
Social Network Analysis |
| Retail Analytics |
Customer Analytics |
Supply Chain Analytics |
Some of the software tools taught in the course are:
| R |
@Risk |
| MySQL |
Simio |
| Hadoop (AWS) |
Tableau |
| Python |
XLMiner |
| Stata |
NodeXL- MeXL |
Data Analytics & Data Science Job Profiles and Top Companies
Some of the areas where you can work as a data analyst include Data Assurance, Finance, Higher Education, Sales & Marketing, Business Intelligence and Data Quality.
For a Data Analyst, the daily grind includes, identifying areas where the company can improve efficiency; collecting data to extract resolution, applying tools and methods to audit the data, and create a blueprint of the solution and share it with the concerned people in a simple and understandable way, mainly through graphs, reports and charts.
Top Job Roles
Data Scientist: Data scientists clean and organise scientific data collected for a particular project with the help of programming languages like SAS, R and Python. They are required for the enormous amount of research and help app developers in creating data definition for a particular data, extract relevant data, create the blueprint and methodologies to be used. The starting salary of a Data Scientist in India is Rs 6 lakh and upwards.
Data Architect: Data Architects design the blueprint of the data science project to be undertaken by the company. This includes collating, organizing, centralizing, maintaining and protecting the source of data from all the data management systems and technologies used. In short, they are supposed to ensure the data is available, stable and secure. The starting salary of a Data Architect in India is Rs 18 lakh and upwards.
Data Engineer: Data engineers build algorithms, prototypes, and conceptual models according to the blueprint designed by data architects. Their main responsibility is to provide valid data to statisticians and data analysts for the analysis. The starting salary of a Data Engineer in India is Rs 5 lakh and upwards.
Data Analyst: As the name suggests, a Data Analyst is required to analyse the given data to extract important insights needed for a particular project. The job responsibility includes identifying trends and creating predictive models on the basis of data collected. He is also expected to present the data and inferences in a meaningful format like graphs, charts, reports, dashboards, etc. The starting salary of a Data Analyst in India is Rs 4 lakh and upwards.
Statistician: The Statistician collects, analyzes and interprets quantitative data with the help of theories and methodologies specific to statistics. Their job responsibility includes determining methods for collecting data and decide what data are needed to solve the given problems. The starting salary of a Statistician in India is Rs 4 lakh and upwards.
Database Administrator:Â The job of a database administrator (DBA) is to ensure that the database is secure, is available to all the concerned users and is performing properly at all times. The DBA uses specialised software to store and organise the data. The starting salary of a Database Administrator in India is Rs 4 lakh and upwards.
*The salary data is obtained from payscale.com
Read More:Â Advance Your Career Through Post Graduate Course in Data Science
Data Analytics & Data Science Top Companies
In today’s world, Data Analytics is the need of the hour. If a business enterprise has to excel in its field, it has to take the help of data analysis and data science. With the help of data analytics companies can not only increase their revenue, expand the customer base, provide better customer satisfaction, cut cost, but also get an edge over their competitors.
Data Analysts are the most sought after skilled professionals in the current world, not only in the Information Technology industry but also in Finance, Insurance, Banking, Marketing & Sales, Consumer Goods, Electronics, Heavy Industries and all other sectors; as all of them require someone to do the number crunching for them.
| Companies Hiring Data Analytics Graduates | ||
|---|---|---|
| |
MachinePulse |
The Smart Cube |
| Fractal |
Amazon |
Novartis |
| Fractal Analytics |
JP Morgan Chase |
Capital One |
| RBS |
ICICI Bank |
Flipkart |
| Kotak Mahindra |
Accenture Consulting |
KPMG |
| Yahoo |
|
Tumblr |
| Tredence |
Cartesian Consulting |
Quantium Analytics |
| Deloitte |
HSBC |
Credit Suisse |
| Barclays |
Axis Bank |
E-bay |
| Expedia |
AT Kearney |
CRISIL |
| Microsoft |
|
Mu Sigma |
| BRIDGEi2i |
Flytxt |
Tata iQ |
| Citi Bank |
Deutsche Bank |
Nomura |
| HDFC Bank |
Yes Bank |
Snapdeal |
| Make My Trip |
E&Y |
Walmart Labs |
| |
|
ZS Associates |
| Brillio |
Bank of America |
 |
FAQs Regarding Data Analytics & Data Science
Which is better Data Science or Data Analytics?
Is Data Science and Data Analytics the same?
Is Data Analytics a part of Data Science?
Can a Data Analyst become a Data Scientist?
Is Data Analytics in demand?
What is the eligibility criteria for Data Analytics?
How much does the average Data Analyst make?
Is Data Science in demand?
What is the average salary of a Data Scientist in India?
Which is the best institute to pursue a Data Science course?
What are the best sites to learn Data Science?
Popular Data Analytics Colleges in India
Christ University
Hosur Road, BangaloreJain Deemed-to-be-University, Bangalore
Jayanagar, BangaloreK J Somaiya Institute of Management
Ghatkopar East, MumbaiPopular Private Data Analytics Colleges in India
Narayana Business School
Sarkhej, AhmedabadNew Delhi YMCA
Connaught Place, DelhiAdamas University
Barasat, KolkataTop Rated Courses
Courses
- B.Sc. in Data ScienceFaculty of Engineering and Technology, Manav Rachna International Institute of Research and Studies
- B.Tech. in Information Technology (Data Analytics)MIT School of Engineering, MIT-ADT University
- B.E. in Computer Science and EngineeringChitkara University, Himachal Pradesh
- B.E. in Computer Science EngineeringChitkara University Institute of Engineering and Technology, Chandigarh
- Post Graduation Diploma in Data ScienceIIIT Bangalore - International Institute of Information Technology
- Data Analytics and Business IntelligenceShaheed Sukhdev College of Business Studies
- Bachelor of Computer Application (BCA)MATS University
- Master of Business Administration (MBA)G H Raisoni Institute of Business Management, Jalgaon
- MBA in Data Sciences and Data AnalyticsSCIT Pune - Symbiosis Centre For Information Technology
- M.Tech. in Information Technology (Data Analytics)Faculty of Engineering, Christ University
Popular Data Analytics UG Courses in India
UG Courses
- BE / BTech
26 Colleges
- BSc
15 Colleges
- BBA
9 Colleges
- BCA
4 Colleges
- UG Diploma
4 Colleges
Popular Data Analytics PG Courses in India
PG Courses
- MBA / PGDM
22 Colleges
- MSc
19 Colleges
- ME / MTech
14 Colleges
- PG Diploma
13 Colleges
- MCA
2 Colleges
News & Updates
Comments
MBA in business analytics from IIT Delhi, IIM, NIT, ISB Hyderabad, Symbiosis would be more job oriented & make one preparenfor managerial role. Whereas an M.Sc. In Data Analytics make skilled in data domain. Both are equally demanding & paying. So, I suggest MBA in business analyt...MBA in business analytics from IIT Delhi, IIM, NIT, ISB Hyderabad, Symbiosis would be more job oriented & make one preparenfor managerial role. Whereas an M.Sc. In Data Analytics make skilled in data domain. Both are equally demanding & paying. So, I suggest MBA in business analytics from reputed b school. Later on you can distance Diploma courses in data Science from IIIT B, IIT Madras etc.
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N
2021-05-03 11:07:39
M.Sc. In Data analytics or MBA in analytics, which one should I pursue after my BBA (analytics) graduation to bag a Business Analyst job?
Reply to Nikil s