Data Analyst vs Business Analyst - What should you choose?
Do the potential impact of data analysis on important business decisions intimidate you frequently? Are you considering a career in analytics but unsure whether to choose a Business Analyst or a Data Analyst? You've come to the right place because we're going to talk about crucial guidelines that will aid you in selecting the appropriate role today.
What Will You Choose: Data Analytics or Business Analytics?
If you enjoy working with data, you may be faced with the decision of whether to pursue a career as a business analyst or a data analyst. How do you decide whether to pursue a career in business analysis or data analysis? The good news is that both positions allow you to capitalize on your passion for data. What distinguishes a business analyst from a data analyst, then? In today’s article, we’ll attempt to find answers to all these questions.
To help organizations make wise decisions, data business analysts examine large data sets and identify trends. Professional business analysts, on the other hand, possess critical thinking, problem-solving skills, and excellent communication skills. These experts are well-versed in the goals and procedures of their organization, enabling them to assess performance, spot weaknesses, offer advice, and put fixes into place.
If you want to know, can a data analyst turn into a business analyst? The truth is that a data analyst may eventually transition into a business analyst position, and vice versa.
Let's now examine how a business analyst and a data analyst differ from one another.
Data Analyst vs Business Analyst: Roles
It is the responsibility of a business analyst to assist in finding a solution when a company needs to address a current or potential issue. Business analysis involves a variety of tasks, including:
Establishing a business case
Investigating the needs of the business
Having knowledge of business needs
Project development and management
Verifying the results
Collaborating with stakeholders to make informed decisions
Executing quality assurance
Examining work practices, interacting with coworkers, and staying current with technology
Researching data and producing reports that demonstrate insights occupy the majority of the time of data analysts. To the appropriate teams, the experts present their findings. Compared to business analysts, the workers operate more independently. Depending on the day, a data analyst could:
cleaning up data
maintaining and producing reports for various departments
producing reports for both internal use and external clients
Let's now compare the differences between business analysts and data analysts in terms of skills and prerequisites.
Data Analyst vs Business Analyst: Abilities/Skills
Typically, business analysts have a bachelor's degree in a business-related subject like economics, finance, or business administration.
Business analysts must meet the following criteria:
knowledge of data analysis
a focus on mathematics and strong analytical skills
investigating and recognizing important information
Skills with SAP that have been proven
Strong proficiency with Microsoft Word, Excel, and PowerPoint
Having worked on projects
exemplary communication abilities
Comparatively speaking, data analysts are more focused on numbers. These experts typically have a bachelor's degree in a STEM field, as well as expertise in computer science, modeling, and predictive analytics.
Data analysts must have the following skills.
Pro at reporting accuracy, intellectual curiosity, and analytical abilities
a thorough understanding of data mining techniques
working knowledge of machine learning, data frameworks, and emerging technologies
Experience with R, Python, and SQL/CQL
familiarity with agile development methodologies
Next, let's examine how business analysts and data analysts differ in their responsibilities.
Data Analyst vs Business Analyst: Responsibilities
Companies benefit from the work of data analysts who examine data and produce insights that can be presented to key stakeholders. In addition to providing competitive analysis, data analysts can also spot market or business trends by using their highly specialized skills. The following are some of the duties of data analysts:
utilizing statistical methods to draw conclusions from data
handling of databases
improving the accuracy and efficiency of statistics
the gathering of information from primary or secondary sources
finding, examining, and comprehending trends or patterns in large, complex data sets
the data is filtered, and errors in the code are found and fixed.
Prioritizing business needs with management
identifying opportunities for process improvement
Depending on the industry, business analysts' duties vary, but their primary goal is to analyze data and draw conclusions from it so that they can make wise business decisions. The following are some of the duties of business analysts:
analyzing vast amounts of intricate data to find areas that require improvement
taking care of business needs
To ramp up and resolve these issues, collaborate with internal stakeholders and outside parties.
analyzing data to determine new trends
Providing suggestions for potential solutions
We have arrived at the concluding part of the article. To summarize what we've discussed, we have differentiated between a data analyst and a business analyst taking roles and responsibilities, and skills into consideration.
Regardless of whether you've been able to decide which career you wish to go towards, Skillslash will act as the guide which helps you successfully make a future in any of these two popular domains. The Data Science course in Bangalore with placement guarantee has helped millions of students create rich and fulfilling careers. The same feat goes for the Business Analytics and Data Engineering courses. To know more, Get in Touch with the support team.