Business Intelligence

This course analyzes the structured and unstructured data of the organization and helps in the long-term stability of businesses. The key benefits of Business Intelligence are to speed up business activities & improve decision-making, increase efficiency and productivity, and enhance internal business processes. Also, notifying of business problems, spotting appearing business and market trends, developing stronger business strategies, operating with higher sales and new revenues, and acquiring a competitive edge over rival companies. To get into this field, candidates must have the technical skills. Here we have discussed further career details...

What is Business Intelligence? Business Intelligence is the process by which organizations use technology and technologies to examine the data for business. They also look at past and present records and analyze them. They care about future decisions(financial decisions). Some usual functions include business performance management, prescriptive analytics, dashboard development, process mining, data mining, benchmarking, online analytical processing, predictive analytics, text mining, complex event processing, and many more. Business Intelligence helps in the simplification of vast amounts of data. It establishes long-term stability for enterprises and competitive market advantages. Organizations and individuals find new opportunities and execute effective strategies based on the insights they get from the business intelligence sector.

Types of Courses: UG/ PG/ Diploma level.

Courses Availability:

UG: Computer Science or Business Intelligence,

PG: Business Intelligence & Business Analytics and more.

Eligibility Criteria: Candidates must pass 10+2 (Science or Commerce stream) with a minimum pass percentage. You must have a degree in computer science or business intelligence. Further, you can also pursue higher education, such as an MBA in Business Intelligence, an Advanced management program in Business Analytics, a Post Graduate Diploma in Business Analytics, and more. Entrance Exams: JEE Mains/ JEE Advanced/ BITSAT/VIT/ DUET/ IPUCET etc.

Business Intelligence Fee: The fee will depend upon the institution you have selected for the course.

How to get into that career? This course mainly focuses on analysis, and it has a wide scope for numerous job roles. To get into this course, you will need a bachelor’s degree in a relevant field(Computer science/ Business Analytics, Data Analytics, etc.) with a minimum passing percentage required from the recognized board/ university. After that, completing an internship and gaining entry-level experience, completing an interest in pursuing an advanced course, viz, an MBA in Business Intelligence, an Advanced management program in Business Analytics, or a Post Graduate Diploma in Business Analytics may proceed and enhance a career progression more.

Skills Required:

❖ Excellent Communication skills

❖ Logical and Analytical skills

❖ Problem-solving skills

❖ Attention to detail

❖ Time Management skills

❖ Leadership qualities

❖ Research skills

❖ Data Analysis

❖ Interpersonal skills more.

Top Institutions:

❖ SMS Hyderabad

❖ BITS Pilani

❖ IIM Bangalore

❖ School of Business

❖ HITS Chennai more.

Top Sectors:

❖ Human Resources

❖ IT Sector

❖ Market Analysis

❖ Healthcare industry

❖ Banking sector

❖ Food and Beverage Industry more.

Job Roles/ Designations with salaries:

❖ Business Intelligence Analyst

❖ Data Analyst

❖ Data Scientist

❖ Quantitative Analyst

❖ Customer Insight Analyst

❖ Business Intelligence Engineer

❖ Data Visualisation Specialist

❖ Developer

❖ Architect

❖ Manager more. 
❖ Salary may vary  according to job role and experience. The average salary in India will be between INR. 3.2 - 16.5 lakhs.
 
How is career? Business Intelligence graduates will have many business-related careers. They can also work as analysts or researchers. They have the chance to work as a Data Visualization Specialist, Data Analysts, and Business Intelligence Analysts, and by gaining experience Analysts will be Senior Data Analysts also. Candidates should be updated with the latest technological changes and business strategies. Business intelligence mostly works with dashboards. By analyzing the past & present data, they make further decisions to maintain the longer stability of the organization, so BI plays a vital role in an organization. A skilled professional will have a good career in this sector.

Top Hiring Companies:

❖ Apple

❖ Accenture

❖ Hitachi Group

❖ Eli Lilly and Company

❖ FedEx Corporation
❖ Marriott International more.

Conclusion:  Business Intelligence plays a vital role in an organization, as it analyzes the past & present data of the business & takes future decisions for a profitable business. It has different job roles too, viz. Business Intelligence Analyst, Data Analyst, Data Scientist, Data Visualisation Specialist. It helps with long-term stability for businesses and competitive market advantages. It also deals with dashboarding. This course mainly focuses on analysis, and it has a wide scope for numerous job roles a good packages. As the candidate gains experience, they will be getting more packages in the job market.