According to a survey of more than 1,000 senior executives conducted by PwC, highly data driven organizations are three times more likely to report significant improvement in decision making compared to those who rely more on intuition and less on data. Companies who are committed to making data driven decisions largely uses Business analytics. Business analytics is the process of collating, sorting, processing and studying business data and using statistical models to convert data into business insights. With more number of companies adapting to data driven decisions, Business analytics skills are in very high demand. Below are few online courses available to develop business analytics skills for free and from comfort of your home.
Business Analytics Specialisation : Offered by The Wharton school via Coursera
Time commitment: Approx 104 hours.
This is 100% online course and has received 4.5 star rating reviews on Coursera with almost 82000 already enrolled for the course.
This course provides introduction to big data analytics for all business professionals, including those with no prior analytics experience. You’ll learn how data analysts describe, predict, and inform business decisions in the specific areas of marketing, human resources, finance, and operations, and you’ll develop basic data literacy and an analytic mindset that will help you make strategic decisions based on data. In the final Capstone Project, you’ll apply your skills to interpret a real-world data set and make appropriate business strategy recommendations.
Advanced Business Analytics Specialisation : Offered by University of Collorado Boulder via Coursera
Time commitment: Approx 100 hours
This is 100% online course and requires some related experience. This course has received 4.4 star rating with almost 14,000 already enrolled for the course.
The Advanced Business Analytics Specialization brings together academic professionals and experienced practitioners to share real world data analytics skills you can use to grow your business, increase profits, and create maximum value for your shareholders. Learners gain practical skills in extracting and manipulating data using SQL code, executing statistical methods for descriptive, predictive, and prescriptive analysis, and effectively interpreting and presenting analytic results.
Analytics for Decision making: offered by BabsonX via edx.org
Time commitment: approx 20 hours
This is 100% online course with almost 28000 already enrolled for it. The course and learning is Free but if you want certificate than you need to pay the fees.
This statistics and data analysis course will help you understand the fundamental concepts of sound statistical thinking that can be applied in surprisingly wide contexts, sometimes even before there is any data! Key concepts like understanding variation, perceiving relative risk of alternative decisions, and pinpointing sources of variation will be highlighted. This course will explore questions like : How are traditional statistical methods still relevant in modern analytics applications? How can we avoid common fallacies and misconceptions when approaching quantitative problems? How do we apply statistical methods in predictive applications? How do we gain a better understanding of customer engagement through analytics?
So what are you waiting for. Use this lock-down period to enhance your skills and be more relevant to organization once we resume the work.
Looking for more tips on which skills will be in demand this year, read 15 top skills in demand in 2020 after Corona crisis