Data analyst and business analyst roles are becoming increasingly important in today’s corporate world. They both assist the firm in making highly effective data-driven decisions that benefit its consumers.
While data analysts work closely with data, business analysts are primarily concerned with answering business requirements through the use of corporate data.
Here, we compare business analysts with data analysts to help you decide which career path is right for you.
We’re also seeing an increase in the number of mathematicians, computer scientists, and statisticians working in diverse businesses to use data analytics approaches to make sense of large data. The rise of big data has increased the demand for data scientists all across the world.
Following the popularity of data science, a slew of new positions arose, including business analyst and data analyst. When the volume of data and the business requirements grew, a gap between business analysts and data analysts emerged.
As a result, we walk you through the fundamentals of both career paths and assist you in making your decision.
The primary responsibility of a business analyst in a company is to monitor all aspects of the business and ensure that everything is running well. One is tasked with sustaining and accelerating the company’s expansion. Business analysts, as previously said, work closely with business teams to assist them in making efficient business choices based on big data.
Because the business analyst’s job entails making business decisions, they must be critical thinkers, problem solvers, and great communicators. One should be able to surpass others by being skilled at making data-driven judgments while also being well-versed in the organization’s goals and processes.
This will enable them to collaborate closely with business teams in assessing performance, discovering flaws, and advising and implementing remedies.
In simplest terms, data analysts are more concerned with the company’s data than with its effects. Even though they are allocated to work in both contexts, their job function requires them to be quite knowledgeable about big data. Their focus will be on the data warehousing, data tables, and SQL code built to achieve those business KPIs, rather than on providing insights to stakeholders.
Data analysts are concerned about the data effect they can have when compared to rivals’ data since they are directly related to big data. They are put in a position where they must build unique business solutions as well as do statistical analysis on data to deliver insights.
Because of its close ties to statistics, the data analyst role necessitates experts with strong mathematical skills and the ability to analyze large amounts of data to get insights.
So, which one will you opt for?
While a passion for data is a must for becoming a business analyst or data analyst, candidates should also double-check their schooling credentials and intended job path.