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1. What is Analytics?
Analytics is the "the science of analysis". In practical terms, it would be- how an entity (i.e., business) arrives at an optimal or realistic decision based on existing data.
2. How big is the Analytics industry?
Analytics is viewed as a fast growing field with various opportunities available for people. The common applications of Analytics are numerous. Data and Business Analytics also have a very bright future in India. Meanwhile, the wide use of Analytics in the Banking & Financial Services, FMCGs, Pharmaceutical Industry all of which is provided in the form of KPO and BPO services in India are also very beneficial.
3. What are the employment opportunities available in the Analytics industry?
In India, there are about 4000 statisticians graduating every year of which less than 6% are from premium Statistics-Schools. The number of engineers with specialization in operations research are also very few in number. With increasing opportunities to offshore Analytics to India, the demand for Analytics talent pool is going to rise steeply in the next couple of years.
As India is positioning itself as a favorite offshoring destination in the world, rising salaries may call for fresh graduates\engineers from premium institutes to take up a career in Analytics.
4. What are my opportunities for growth in the Analytics field?
Professionals with thorough knowledge of the subject matter or the related discipline with basic knowledge of analytical tools and techniques have a very good future in Analytics. Opportunities exist, to work on real business problems in order to generate distinct and lasting client impact. Further, depending on performance, they could also move on to the expert consulting track. There is an alternate career track that enables a person to manage and lead big teams within the Analytics group.
5. What are the jobs available in the Analytics Industry?
6. What are the salaries offered in this field?
Average salaries for Analytics position range from $31,000-212,000, while experienced business analytics people get a salary of $18,000-22,000. People in Analytics jobs in other areas are also well-paid.
7. Why do I require training to work within the Analytics Industry?
Training is required to enhance job efficiency. Training enables you to enhance your skills in the following areas:
- Team Work
- People Skills
- Communication Skills
- Innovativeness
- Problem Solving and Conflict Management
8. What does the TWB Analytics training offer?
TWB gives you the opportunity to grow within your organization and the industry. It equips you with the skills and knowledge required to grow in the Analytics industry. TWB’s quality training will help you to become more effective and efficient in your work.
9. Why should I choose TWB?
TWB’s popularity as a training institute has been growing. TWB’s training will give you the edge you require to enhance your opportunities for growth within the industry. TWB’s constant interaction with analysts enables it to provide hands-on and relevant training in this field. The training programs offered by TWB are comprehensive and practical. Knowledge imparted during these training sessions can be applied in everyday situations.
10. What can I learn from Analytics@TWB training program?
Analytics@TWB is a comprehensive course designed to provide you with the required skills and knowledge to increase your growth potential phenomenally. Some of the well researched topics covered under this program include:
- Introduction to Business Research and Analytics
- The Research Process: An Overview
- Starting the Research Process
- Collecting Primary Data
- Sampling and Fieldwork
- Applications of Business Research
- Academic Research
- Research Tools
- Introduction to Analytical Report
11. What is the minimum educational qualification I require to attend this training?
This program can be undertaken by anyone who has completed the Pre-University certification level.
12. What are the durations of the programs?
72 hours (classroom training)
13. I am currently employed. Will I have the option of attending the program during the weekend?
Yes. We have scheduled programs for the convenience of those who are currently employed and need to continue with their employment.
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