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Business Analytics Skills

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Presentation on theme: "Business Analytics Skills"— Presentation transcript:

1 Business Analytics Skills
DSI 11-15

2 What skills are in demand vs. what should be taught/supplied.
Analytics skills Demand-side perspective What skills are in demand vs. what should be taught/supplied. But… should supply = demand? Who are you teaching? What jobs they wish to pursue Interests, strengths, abilities

3 Look at job titles, listings and required skills
Analytics Skills 3 concepts today Look at job titles, listings and required skills Analytic maturity and trends in skill sets Analytics practice > analytic methods

4 Big data Business analyst Data scientist Analytics
Job titles… generally speaking Some definitions Big data Business analyst Data scientist Analytics Source: Chakraborty, Zolbanin, Bowers, Camm, How does Industry define analytics, Text mining study of job postings, Informs Analytics Conference 2015

5 Preferred skills are a function of Job title (n=676)
Chakraborty et.al. Subject by Job Title Preferred skills are a function of Job title (n=676) Source: Chakraborty, Zolbanin, Bowers, Camm, How does Industry define analytics, Text mining study of job postings, Informs Analytics Conference 2015

6 Preferred skills are a function of Job title (n=676)
Chakraborty et.al. Subject by Job Title Preferred skills are a function of Job title (n=676) Source: Chakraborty, Zolbanin, Bowers, Camm, How does Industry define analytics, Text mining study of job postings, Informs Analytics Conference 2015

7 Preferred skills are a function of Job title (n=676)
Chakraborty et.al. Subject by Job Title Preferred skills are a function of Job title (n=676) Source: Chakraborty, Zolbanin, Bowers, Camm, How does Industry define analytics, Text mining study of job postings, Informs Analytics Conference 2015

8 Preferred skills are a function of Job title (n=676)
Chakraborty et.al. Subject by Job Title Preferred skills are a function of Job title (n=676) Source: Chakraborty, Zolbanin, Bowers, Camm, How does Industry define analytics, Text mining study of job postings, Informs Analytics Conference 2015

9 Source: Chakraborty, Zolbanin, Bowers, Camm, How does Industry define analytics, Text mining study of job postings, Informs Analytics Conference 2015

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11 Big Data DB/IT Data Scientist

12 Analytics Pro Business Analyst

13 Industry sectors have preferences for job titles
Chakraborty, et.al. Job Title vs Industry sector Industry sectors have preferences for job titles Source: Chakraborty, Zolbanin, Bowers, Camm, How does Industry define analytics, Text mining study of job postings, Informs Analytics Conference 2015

14 Hot Jobs! Industry sectors have preferences for job titles
Chakraborty, et.al. Job Title vs Industry sector Hot Jobs! Industry sectors have preferences for job titles Source: Chakraborty, Zolbanin, Bowers, Camm, How does Industry define analytics, Text mining study of job postings, Informs Analytics Conference 2015

15 Minimum Education by Job Title
Chakraborty, et.al. Minimum Education by Job Title Source: Chakraborty, Zolbanin, Bowers, Camm, How does Industry define analytics, Text mining study of job postings, Informs Analytics Conference 2015

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17 asking the right questions, framing the problem,
Analytical value Why are “Some Models useful”? Context is key… asking the right questions, framing the problem, applying the right tools, gleaning appropriate insights from data and analysis, communicate effectively, visually, persuasively.

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19 Stats/Analytics courses are methods courses.
In-Demand skills But Stats/Analytics courses are methods courses. Soft skills are taught elsewhere

20 Technique problem/data-driven pedagogical approach
In-Demand skills What + How & Why Technique problem/data-driven pedagogical approach Tools used to calculate explore and discover Students asked for a numeric answer presenting a solution visually Do they work alone teams

21 Video and one page guides Concept tools Books
JMP Resources Helping teach practical skills Case Studies Video and one page guides Concept tools Books

22 Training SAS Bootcamps December 16-18, 2015 University of Central Florida June 6-9, 2016 California State University Fullerton July 11-15, 2016 SAS HQ July 25-29, 2016 SAS HQ

23 Questions?

24 Thank you! Worldwide advanced and predictive analytics software 2014 vendor shares Source: IDC, Worldwide Advanced and Predictive Analytics Software Market Shares, 2014: The Rise of the Long Tail (Doc # ). , July 2015.

25 Additional slides Curriculum

26 Integrated tools sets = integrated curriculum
MIS Statistics Basic Statistics Enterprise Systems Data Mining Databases & Data warehousing Regression & Forecasting Data Visualization Programming Modeling Problem Solving Communication Multivariate DOE Business Intelligence Six sigma Process Modeling & Simulation OR/MS Optimization Decision Analysis Based on Klimberg, Business Intelligence, INFORMS 2011

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28 Big data/database/IT administrator: data management and reporting
Job titles… generally speaking Some definitions Big data/database/IT administrator: data management and reporting Data scientist: descriptive, predictive, prescriptive (CS/Programming focus) Business analyst: descriptive analysis and reporting Analytics: descriptive, predictive, prescriptive (application/decision focus)

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