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Nobody likes chaos. You want clarity so that you can make the next move which will lead you to the one after that and so on. This is how you do business: Make good decisions based on analysis of clear data. No clutter, no confusion. Hence, step in, business intelligence.
Vast amounts of data is churned out day after day about consumer interests, competitive products, financial decisions of bodies (private and public) around the world. So for a business, not just to thrive but to grow and expand, they need to make sense of all this information. Then they need to make the right decisions. One wrong step could lead to failure. This is where you come in. If you have the analytical mind with a creative spin to go toe to toe with the market, then you are the person all companies will be after. Choose from some of the best business intelligence courses to forge a strong career for yourself.
What is Business Intelligence?
It is the process by which enterprises use strategies and technologies to analyse data for their business. They look at the past and present records (structured and unstructured data), make sense of them by analysis and then make future decisions (new products, financial decisions). Some of the common functions include analytics, reporting, predictive analytics, online analytical processing, business performance management, benchmarking, text mining, data mining, process mining, dashboard development, complex event processing, and prescriptive analytics.
So in simple words, Business Intelligence allows easier interpretation of vast amounts of data. Companies, individuals discover new opportunities and implement effective strategies based on the insights they got from Business Intelligence. It ensures the enterprises a long-term stability and a competitive market advantage.
Who can pursue Business Intelligence courses?
- You are a professional who has experience in programming with SQL and complex data.
- You are in college pursuing a related field (data analytics/ programming) and wish to learn more
Do any of the above reasons appeal to you? Then Business Intelligence courses are for you.
Eligibility Criteria for Business Intelligence courses
To have a career in Business Intelligence, there are different ways you can go about it.
Whether it is BI specialist, Developer or analyst, you must have a bachelor’s degree in computer science or business intelligence.
Then you can go for advanced programs such as MBA Business Intelligence, Advanced management program in Business Analytics, Post Graduate diploma in Business Analytics, etc.
For the above, you will need a bachelor’s degree in a relevant field (computer science/ business analytics, data analytics, etc.) with a minimum passing percentage.
You can also take Business Intelligence certification courses. You should have an understanding of SQL. Thus computer science/ computer applications/ computer science engineering courses (which teaches programming) becomes useful.
Important skills for Business Intelligence courses
- Logical and Analytical skills
- Problem solving skills
- Attention to detail
- Time Management
- Research skills
- Data Analysis
- Interpersonal skills
- Communication skills
- Business acumen
What will you learn in Business Intelligence courses?
Depending (certification, PGDM, MBA) on the course you can learn the concepts of Business Intelligence, data analytics, data visualisation, programming, knowledge of data warehouses, etc. Here are some of the prominent concepts you will learn in Business Intelligence courses.
- Data collection, NoSQL and SQL, APIs, geocoding
- Python algorithms, object-oriented programming, data frames/data warehouse
- Dashboards via tools(Tableau, Folium and PowerBI)
- Business Analytics
- Dynamic and interactive data visualisations (Bokeh and Plotly)
- Database theory
- Data Science
- SQL + Tableau
- Performance Dashboards
- Data Visualization Pitfalls and Guidelines
- Balanced Scorecards Versus Six Sigma
- Performance Measurement System
Popular Business Intelligence certification courses
These courses aim to make you familiar with the processes in BI. i.e. how business intelligence technologies help the company make a decision. You also get to use these theoretical concepts in practical application. Here are some of the best Business Intelligence courses
Wild Code School
University of Colorado via Coursera
Career Opportunities after Business Intelligence courses
Business Intelligence Analyst
You analyse the past and current trends by going through the data and then provide clear information to the companies which helps them to understand their market better. You also chair meetings providing organizational data as well as give insights for taking future directions.
You use your expertise in programming as well as analytical skills, effectively convey analyse data. Then you relate this information to the team, clients. You will find work in different environments such as IT, banking, healthcare, etc.
Data Visualisation Specialist
You present complex, cluttered data into a visually appealing, accessible format for everyone. You create visual content in the form of charts, graphs, maps, etc. You also help your colleagues, clients, etc. by providing them visual, technical and editorial guidance.
You can expect the best remuneration desired by professionals in any industry. You will find great offers both in the private as well as public sector. Here is a list of professions related to Business Intelligence and their compensations (average base salary)
Average Base Salary p.a.
Business Intelligence Analyst
Data Visualization Specialist
Senior Data Analyst
Business Intelligence (BI) Developer
** Source of Salary Details: Payscale
Note: The given salary details may vary depending on experience, skill, company, location etc.
Scope after Business Intelligence courses
Experts predict that by the year 2030, the role of business intelligence will evolve from a simple passive tool used by humans to find information to something which has the capabilities to seek information and provide it to its consumer. This is possible because of feats in Artificial Intelligence. Instead of humans, business intelligence will be through advanced bots which are almost sentient like beings. Source: Medium, Writer: John Thuma) So ask yourself whether you want to be left behind in what is about to come. Every new era leads to new kinds of professions, so knowing the foundation of BI can enable you to be riding the first wave itself and not swimming behind it.
Your expertise will be needed in every industry that you can think of. So take some of the best Business Intelligence courses.
Eli Lilly and Company
Q: Is it possible to take online Business Intelligence courses?
A: Yes. Industry experts as well as academics have created many online Business Intelligence courses for you. So you can learn not just the basics but also various nuances within the industry and get certified from the comfort of your home.
Q: Is it difficult to learn Business Intelligence certification courses?
A: While it is quite a challenging subject, with a good analytical mind and technical knowledge it is not difficult to master it. Hence before taking Business Intelligence certification courses, make sure you have some relevant experience in the field.
Q: What is the duration for different Business Intelligence courses?
A: For UG courses in a related field (Data science, Engineering, Business analytics), it is around 3-4 years. For PG Business Intelligence courses the duration is around 2 years. When it comes to online Business Intelligence courses , you can complete them within a few months.
Q: What is the cost for different Business Intelligence certification courses?
A: There are both free and paid courses. The paid courses can range from a few thousand rupees to around 4.5 lakhs.
Q: What are some of the basic tasks in Business Intelligence?
A: Here are some of the basic tasks in Business Intelligence
- Data sourcing
- Data analysis
- Situation awareness
- Risk assessment
- Decision support
Q: What are some of the important features and functionalities in Business Intelligence?
A: Here are some of the prominent this question
- Predictive Analytics
- Data Mining
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