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  • Hi everyone!

  • Welcome to another 365 Data Science Special!

  • It's time to discover one more way to break into data science!

  • Yes, you guessed it rightwe'll talk about becoming the BFF of business performance

  • the Business Intelligence analyst!

  • We'll take a good look into who the BI analyst is, what they do, and how much zeroes are

  • tacked on the end of their salary.

  • Last but not least, we'll discuss what skills and academic background will help you become

  • one.

  • And if you yourself are considering a career as a BI analyst, great choice!

  • BI analysts are some of the most in-demand data science professionals across many, many

  • industries and business fields at the moment.

  • However, if you lack the academic background or relevant skills for the job, it's easy

  • to get discouraged.

  • That said, you should know that acquiring these skills is absolutely possible, even

  • for complete beginners.

  • There are plenty of qualification programs and online certificate data science trainings.

  • One of these is the 365 Data Science Program, so, before we move on, we'd like to quickly

  • tell you about this awesome all-around training.

  • The program contains the full set of data science courses you need to develop the entire

  • set of skills for the job.

  • It's completely beginner-friendly, so even if you don't have any maths or statistics

  • knowledge, it will help you first build those foundations before moving on to more advanced

  • topics.

  • Building up your programming skills happens naturally, with courses on Python, SQL and

  • R, and plenty of exercises and projects to really make your knowledge stick.

  • Once you're comfortable with programming, the program teaches you how to create machine

  • and deep learning models with the latest frameworks like TensorFlow and TensorFlow 2.

  • And if you'd like to build a more specialized skillset, you can do that with courses on

  • Time Series Analysis, Credit Risk Modeling and more.

  • As we mentioned, there are plenty of real-world exercises and projects and as data science

  • as a field evolves, so does the training, with new courses and resources getting added

  • on almost monthly bases.

  • So, if you'd like to learn more or enroll using a 20% discount, there's a link in

  • the description you can check out.

  • Alrightlet's talk about the BI analyst and everything you need to know about that

  • career choice.

  • First things firstbecoming a BI analyst is one of several ways to get yourself on

  • the data science track, and if that's what you're aiming for, just keep in mind the

  • other options, too: • data analyst;

  • data architect; • data engineer;

  • and, of course, the data scientist.

  • We'll be making videos for each one of these, so keep an eye out on our channel.

  • So, who is the BI analyst and what makes them so special?

  • BI analysts are fierce business performance ninjas who possess a blend of business vision,

  • consultant abilities and profound understanding of data.

  • They join forces with senior management to shape and develop a data strategy.

  • Analysis of Key Performance Indicators (KPIs), accurate overview of business performance

  • and identifying areas that need improvement are also specialties in the BI analyst's

  • domain.

  • So far, so good.

  • But what exactly does a BI analyst do?

  • Well, they focus primarily on analyses and reporting of past historical data.

  • Once the relevant data is in the hands of the BI Analyst (that's… monthly revenue,

  • customer, sales volume, etc.), they must quantify the observations, calculate KPIs, and examine

  • the measures to extract insights.

  • Of course, the most important aspect of a BI analyst's job is to continually improve

  • their company's competitive positioning.

  • Therefore, they examine their competitors, data trends, seasonality, and other random

  • effects to quickly identify issues and best practices.

  • On top of that, they create killer graphs and dashboards to review major decisions and

  • measure effectiveness.

  • So, in a word, if you want to have an impact on the business world, become a BI analyst.

  • Well, maybe that's easier said than done.

  • But let's see how much a BI analyst makes per year, maybe that'll have some inspirational

  • effect on you.

  • Well, according to Glassdoor and PayScale, if you're new to the profession (with 1

  • year of experience or less), you can count on $66,000 average pay.

  • Once you've gained a few years of experience and you've honed your persuasion skills,

  • your median annual pay can reach $79,000 (plus $5,185 average bonus).

  • You want to work across the pond?

  • That's alright!

  • An entry-level BI analyst in the UK can expect to earn an average total salary of £26,000.

  • And, by all means, 1-4 years of experience will grant you a total compensation of £29,000.

  • So, what are the steps and qualifications you need to become a BI analyst in the first

  • place?

  • Well, if you want to pursue the BI analyst career path, consider gaining some experience

  • as a data analyst or a business analyst.

  • A BI analyst career has a lot to offer but you definitely need some high-level skills

  • to get started.

  • That said, it makes sense to talk about the education and the skills themselves.

  • We'll start with the academic background.

  • In general, landing a job as a BI analyst should come relatively easy, if you have a

  • BA in one (or more) of the following: • computer science;

  • mathematics; • statistics;

  • finance; • business administration;

  • or economics or related field.

  • But don't be quick to discourage if your background is in contemporary dance or Classical

  • Indian literature, because, as we mentioned in the beginning, there are plenty of specializations

  • and all-around online certificate courses that will give you the knowledge and confidence

  • required for the job.

  • And here's a small tip: if you're new to the data science field, an internship in

  • the financial industry would be a great start.

  • Not only will this help you understand all business processes, but you'll also get

  • a good idea of what projects a BI analyst undertakes.

  • Okay!

  • From academia to the competitive data science job markethere are the skills you need

  • to become a full-fledged BI analyst.

  • A data science job is all about the skillset, and the BI analyst path makes no exception.

  • There's a plethora of technical, practical, and soft skills you should work on to fit

  • the bill.

  • First, let's take a look at the technical side of things!

  • To become a BI analyst, you'll have to demonstrate excellent Excel, SQL and Power BI skills,

  • along with some serious Tableau Desktop and Server abilities.

  • Such competencies are key to developing graphs, dashboards, reports, and presentations of

  • project results.

  • And those are of major importance to a BI analyst's job.

  • What about Python and R?

  • Highly desirable, so make sure you put them on your things-to-learn list, too!

  • All in all, if there's a tool or technique that will help you identify, analyze, and

  • interpret trends or patterns in complex data sets, just master it!

  • You'll thank yourself later.

  • Okaywhat about practical skills.

  • It's right here:

  • strong planning and organization skills; • learning concepts quickly, and applying

  • them to come up with creative solutions; • analytical skills;

  • impeccable attention to detail, • working independently in a fast-paced

  • and rapidly changing environment; • designing rich data visualizations and

  • dashboards to communicate complex ideas to business partners and leadership;

  • presentation skills; • persuasion, flexibility, and adaptability.

  • But, if you want to really stand out, there's one more secret ingredient you should add

  • to your BI analyst qualifications - soft skills.

  • You'll need: • team-player mindset in a high-pressure

  • environment; • verbal and written communication skills;

  • willingness to assist and coach other project teams when required.

  • Combine those with a fast understanding of other people's needs and

  • You're moving right on top of any data science company's recruitment list!

  • Alright!

  • That's our review of the BI Analyst job.

  • Hopefully, you got a sense of what to expect from the position and what you need to aim

  • for if you want to land a job in the field.

  • However, some extra career insights are always desirable.

  • So, if you feel like you still need additional career advice and a more detailed analysis

  • of the career opportunities in data sciencewe wrote a very long article about this,

  • and the link is in the description, if you want to learn more.

  • In the meantime, thanks for watching and good luck on your

  • data science journey!

Hi everyone!

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B1 中級

2020年にビジネスインテリジェンスアナリストになる方法 (How to Become a Business Intelligence Analyst in 2020)

  • 3 0
    林宜悉 に公開 2021 年 01 月 14 日
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