UAE (Dubai, Sharjah, Abu Dhabi), Saudi Arabia ( Jeddah, Dammam, Al-Khobar, Riyadh), Oman, Bahrain, Kuwait, Qatar, USA, UK, Canada, Nigeria, Ghana, South Africa, Lebanon, Namibia etc. No, Harvard Business School Online offers business certificate programs. If you do not receive this email, please check your junk email folders and double-check your account to make sure the application was successfully submitted. This goes a long way in making decision making more efficient, but also easy. Organizations employ Business analytics so they can make data-driven decisions. found that businesses able to quantify their gains from analyzing data report an average eight percent increase in revenues and a 10 percent reduction in costs. There are three primary methods of business analysis: Deciding which method to employ is dependent on the business situation at hand. Our platform features short, highly produced videos of HBS faculty and guest business experts, interactive graphs and exercises, cold calls to keep you engaged, and opportunities to contribute to a vibrant online community. In light of this trend, gaining an in-depth understanding of business analytics can be a way to advance your career and make better decisions in the workplace. Across industries, organizations are generating vast amounts of data which, in turn, has heightened the need for professionals who know how to interpret and analyze that information. expand leadership capabilities. “People that have those capabilities—as well as an understanding of business contexts—are going to be the ones that will add the most value and have the greatest impact.”. Learn how completing courses can boost your resume and move your career forward. Business analytics is a powerful tool in today’s marketplace. Business analytics collates a considerable volume of data in a timely manner, and also in a way that it can easily be analyzed. Beyond financial gains, analytics can be used to fine-tune business operations. Download our free Guide to Advancing Your Career with Essential Business Skills to learn how enhancing your business knowledge can help you make an impact on your organization and be competitive in the job market. Before diving into the benefits of data analysis, it’s important to understand what the term “business analytics” means. It is no surprise that data-driven companies, and also make use of business analytics usually outperform their contemporaries. Echoing this trend, a recent study by BARC Through learning how to recognize trends, test hypotheses, and draw conclusions from population samples, you can build an analytical framework that can be applied in your everyday decision-making and help your organization thrive. 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