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Career in Analytics Consulting

Feb 9, 2021 | Recruitment

The future for a career in data analytics is dazzling, holds enormous opportunities, and reaches out to a huge number of industries. Careers in this horizon are employee-friendly with the opportunities to switch to working remotely or get self-employed.

This booming career offers a relatively higher salary, including the promise for higher pay even at the entry-level. Being relatively newer, this domain is still growing and newer jobs are being created at a very rapid rate. IBM predicted that the US will witness an increase to 2,720,00 jobs for data professionals, by 2020. Being so vibrant and full of scope, data analytics professionals are one of the most trendings and demanded across the globe.

The job roles in the field of data analytics can be categorized among technical horizon and analytics consulting. This article aims at highlighting what analytics consulting is and what are its various competencies.

COMPETENCIES

Analytics consultants are skilled in the technical domain, framed with consulting skills such as communication ability, problem-solving, and much more.

Technical Horizon

  1. Being able to talk to data using SQL, which is analyzing data and extracting it out.
  2. Proficient in building statistical models and data visualization using R or Python (AI/ML models).

Establish Business-Analytics Relationship and Project Management

The greatest responsibility of any analytics consultant is to have the potential of modeling a business problem into analytics problems, finding out the optimal solutions, and implementing them back to the business. This capability is known as establishing a business-analytics relationship, or the ability to translate business into analytics, and vice versa.

Structuring out the Problems

The companies sought to the analytics team with the client problems, and the team breaks those problems into sub-problems. The solutions are then found out for each sub-problem, which are then combined to obtain the overall best solution for the entire problem. This is commonly known as the approach of problem structuring.

Project Management

The analytics consultant’s job is to divide the problem and hand over the sub-problems to different members of the analytics team, motivate them constantly, and instill a sense of teamwork among all the members. Thus, the consultants are expected to be rich in skills like multitasking, teamwork, communication, and much more.

What does it require to become a good analytics consultant?

After covering the responsibility and required skill-set part, let us now look at what are the expected qualifications and other requirements for getting hired as an analytics consultant professional.

  • Graduation degree in statistics and mathematics
  • A stronghold over the data analysis tools such as Hadoop, Qlik, Tableau, Python, R, etc.
  • Rich in soft skills such as communications, presentation, and much more
  • Deep knowledge of descriptive and predictive analysis.