Data Analytics: What Is It and How To Become One Online

March 30, 20223 Minutes Read

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Many companies worldwide are experiencing a digital transformation. Hence, there is a lot of data generated but limited knowledge of how to process, manage or use it. This is why one of the most demanded work profiles is that of a Data Analyst. Data analysts use technical skills to make a valuable interpretation of that data and apply it to benefit the business. They collect and analyse data to form meaningful conclusions expressed through visual, written and verbal communication.

The scope of the task is immense, creating a great demand for them. In India, the national average salary for a Data Analyst is ₹6,00,000 per year.

Some of the jobs and fields requiring Data Analysts are

Telecommunications
Insurance
Advertising and digital marketing
Financial services,
Healthcare,
Technology
Transport
Research
Database Administration
Data Engineer
Data Analyst
Data Architect
Data Scientist
Business Analyst
Systems Analyst
Operations Analyst
Quantitative Analyst
Statistician

The education, manufacturing and government industries are expected to adopt big data analytics in the future.

The responsibilities of Data Analysts include collecting, cleansing, transforming, and modelling data to find helpful information to support decision-making processes. In order to make the correct investment decisions, every data-driven business needs data analysts to understand their available data. This also helps them understand customer behaviour, assess risks, and decide on funds.

To become a Data Analyst, you would need the following to fit the following criteria:
Have problem-solving skills and ease to come up with practical solutions.
Be comfortable with numbers
Have an analytical mind.
Enjoy using your mind.
Strong communication, both verbal and written.
Good concentration and focus.

If you fit the criteria, you may find the field of Data Analyst to be a good fit for you. Here's what you need:

Degree and Domain ExpertiseIt is essential to have a relevant degree and domain knowledge to work in the field. But, even if you don't, it is possible if you have knowledge of the required skill sets. A lot of classes online teach you the basics.
Programming skillsYou can learn programming languages such as Python, R, and JavaScript online. To solve complex problems, you will need to write programs.
Learn Data Analytics Fundamentals Data analysis tools are crucial in the field. Familiarise yourself with spreadsheets, excel, programming languages SQL, Python and R; number-crunching tools like Spark and Hadoop; Tableau, Matplotlib, or ggplot2 to create visualisations. Opt for online Data analysis courses from theGlow & Lovely Careers Foundation (formally known as the Fair & Lovely Careers Foundation) to learn fundamental data skills. Learning probability distributions, hypothesis testing, regression analysis, and various classification and clustering techniques will give you a firm footing.
Knowledge of Data Analysis and Visualisation Tools Gain experience in working with databases and data analysis tools. Practice and improve your skills in writing SQL queries and procedures, know Microsoft Excel, Matlab, and IBM SPSS to analyse trends and plan to drive accurate insights.Learn to create different business reports using several data visualisation tools like Tableau, QlikView, and Power BI.

Once you've learned all the required skills, practice on projects with actual data. This will also help you gain hands-on experience with data management, statistical programming, programming languages, data cleaning, data visualisation on all platforms. Use this to develop a portfolio of your work and show it while applying to a job.

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Social Entrepreneurship: Women Driving Impactful Change in India

A powerful force is reshaping communities and driving positive change -- women-led social entrepreneurship . As the narrative of entrepreneurship evolves, so does the role of women who are not just creating businesses but building ventures with a profound impact on society. Let's explore the realm of women's entrepreneurship and the significant strides in social entrepreneurship .

Social entrepreneurship is about harnessing the power of business to address social and environmental challenges. In India, many women embrace this approach, positioning themselves as business leaders and catalysts for positive change. Their ventures aim not just for profit but also for meaningful impact on the communities they serve.

The landscape of women entrepreneurship in India is growing, with female entrepreneurs actively participating in diverse sectors, including social entrepreneurship. This shift is breaking stereotypes and showcasing the multifaceted roles women can play as business leaders with a mission beyond just financial gains.

One compelling aspect of this transformation is the variety of startup ideas for women in social entrepreneurship. From ventures addressing healthcare disparities to those focused on education, women are bringing innovative solutions to the forefront. These ventures are not just about economic empowerment but about creating sustainable change in the fabric of society.

Social entrepreneurship ideas are often born from a deep understanding of local challenges. As the architects of many of these initiatives, women bring a unique perspective to problem-solving. Whether providing access to clean water, improving healthcare facilities, or promoting sustainable agriculture, these entrepreneurs are at the forefront of impactful change.

The intersection of entrepreneur ideas for women and social entrepreneurship creates a space where purpose-driven businesses thrive. Women are not just looking for financial success; they seek ways to contribute meaningfully to society. The spirit of collaboration and community building is embedded in their ventures, fostering a sense of shared responsibility and collective well-being.

One notable example is Preeti Singh, a social entrepreneur who founded a venture focused on menstrual hygiene in rural India. Her initiative addresses a critical health issue and empowers women by providing them with sustainable and affordable solutions. Preeti's story represents the transformative potential of women's entrepreneurship in tackling societal challenges.

The emphasis on social entrepreneurship among women is also generating a ripple effect regarding mentorship and support networks. Established female entrepreneurs are actively encouraging and guiding the next generation. This mentorship is crucial in nurturing a culture of innovation and resilience among women venturing into social entrepreneurship.

The momentum of women entrepreneurship in social impact ventures is not just a trend; it signifies a paradigm shift in how businesses operate in India. Organisations and institutions recognise women's value in terms of empathy, collaboration, and a deep understanding of community needs.

The rise of social entrepreneurship driven by women in India is a testament to the transformative power of purpose-driven businesses. As more women explore and invest in entrepreneurial ideas for women that focus on social impact, the future promises a more equitable and sustainable society. These women entrepreneurs are not just building businesses but driving impactful change and leaving an indelible mark on the nation's socio-economic fabric.

At Glow & Lovely Careers (formerly known as Fair & Lovely Career Foundation), we believe in empowering women to be independent. We provide online career guidance, existing jobs and other online courses to help them nurture their dream of driving social entrepreneurship in India.

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