Which Is Best Choice For Masters Degree Between Data Science & Business Analytics?

Nov 10, 2018 | 47367 Views

Business Analytics is more suitable for folks who enjoy work which will involve leveraging both business and technical skills in order to create value for the clients. On the other hand, Data Science is a little bit heavier on the coding and technology. During the interview process for Data Science courses, you can expect to be grilled much more on your coding skills as compared to a Business Analytics program.

Career-wise, they both offer good value. Here is a comparison that may help you understand the difference/similarities bit more.

However for being successful either as a Data Scientist or Business Analytics professional, following are the must-have skills-

  • Love for numbers and quantitative stuff
  • Grit to keep on learning
  • Love for coding and programming
  • Structured thinking approach
  • Passion for solving problems
  • Good knowledge of statistical concepts
Here are my Top 10 Pointers to ensure durable success in either field-

  • Learn as much as possible. Spend 4 to 5 hours every week on the learning and development and knowing the latest in the industry

  • Challenge status quo. Never assume that whatever is being done is following the most effective approach

  • Believe that you are equal to everybody else in the hierarchy. Don't be afraid to speak your mind

  • Focus on Innovation and coming out with the earth-shattering ideas rather than doing the business as usual.

  • Focus on developing great communication skills and soft skill as this is one of the biggest gaps I have seen in the analytics professionals

  • Don't become a one trick pony. try to get exposure in different industries and different functional areas.

  • Participate in competitions and events such as Kaggle, to know where you stand vis a vis your peer group.

  • Try to write white papers and blogs on your subject matter expertise.

  • Develop domain expertise as without that analytics is not effective.

  • Finally, always maintain a clear visibility of your strength and opportunities and any blind spots. Actively seek feedback from your peer group and your superiors.

Hope this helps.

Source: HOB