Approach to Analytics

Rahul, an undergraduate of commerce stream want to continue further studies in Analytics asked what I should need to do. What is the best way to get into this particular domain? Which are big companies in India? Like Rahul, Swati, a graduate from science stream have the same queries. She also wants to know the prospective career options and the best approach to start studies into this area?

Today, for all organizations big data management became the key tool to ensure growth, so, they all are seeking for talent that can help them to make the most out of the available data. With increasing demand for smarter talent in Big Data Management, the number of study courses related to this area is also increasing. Well, choice of college comes later, first you need to decide on is it a right decision to continue your studies in ‘Analytics’? May the below given real facts will help you to understand the potential of the analytics field.

In 2011, the McKinsey Global Institute reported,
“The United States alone could face a shortage of 140,000 to 190,000 people with deep analytical skills as well as 1.5 million managers and analysts with the know-how to use the analysis of big data to make effective decisions.”

Added to this, Harvard Business Review confirmed in its Oct, 2012 edition;
“Job of a data scientist is the sexiest job of 21st centaury”
Analytics became big with the development of Advanced Analytics Techniques and Big Data Tools. Different organizations have started embed analytics into their operations to leverage maximum values from the data they already have all along enticing to new data.