Data Science and Business Analytics

Let's understand the difference between the two - Data Science and Business Analytics. Data science is the science of studying data using statistics, algorithms, and technology. BA is the statistical study of business data. 

Both Data Science and Business Analytics add a lot of value to the companies, and the profit drawn is reaped by these big companies as well. This calls for hiring proficient developers and experts both for Data Science and Business Analytics roles.

We will take a look at the following concepts on this Data Science vs Business Analytics career path blog:

• Data Science Career
• Data Science Skills
• Business Analytics Career
• Business Analyst Skills
• Career Paths for Data Scientists and Business Analysts
• Which is a better career option for you?
• Conclusion

Let’s learn about the key differences between Data Science and Business Analytics now!

To gain a quick insight into the roles that are involved, corresponding to handling data, take a look at this:

Data Scientist: Responsible for solving data-related problems to bring a sense of usefulness to the company by converting a raw entity, such as data, and applying transformations onto it to eventually convert it into useful information.

Also read: What is Data Science?

Business Analyst: Responsible for handling the business decisions that take place in day-to-day activities. A Business Analyst acts as a bridge to actively gap the differences between the working of IT and the business side of operations.

In today’s competitive and enthusiastic world, there are a lot of people aspiring to build a career around these technologies. But to do so, it calls for immense research, clarity, and oversight about which career path would be the right one for you!

Check out our Data Science vs Data Analytics video on YouTube designed especially for beginners:

Data Science Career

In production environments and most IT firms, Data Scientists are a part of the frontend team who handle the process of data collection, perform organized analysis, and tie it all up later using numerous tools and techniques. You can enjoy a career in data science, the demand for an individual with these Data science skills keeps on increasing.

A Data Scientist will have the technical skills that are immeasurable when working with data collection and analysis.

Algorithm design to collect and analyze data to eventually help deploy these to various systems spanned across networks is a very vital skill.

Mathematics and concepts on Machine Learning and Deep Learning take the centerstage when one talks about becoming proficient in this field. The emphasis on these concepts is rightly put because the job demands a lot of trend seeking and the ability to perform exceptional predictive analytics.

A certification with a specialization in Data Science can help students or enthusiasts in developing the skills required for the industry and eventually help secure a good job.

Data Science Skills

Following are some of the skills and tools that a Data Scientist must have in his/her arsenal:

• Python
• Keras
• PyTorch
• Computer Vision
• Deep Learning
• Natural Language Processing
• Problem-solving
• Analytical Thinking

A Data Science role can span across a lot of dimensions, including a Research Scientist role or even a Senior Data Analyst role.

Also read: Learn Data Science from free resources

One thing is for certain, in today’s world, businesses are driven by data, and this adds nothing but immense value to the field and the confidence of learners.

Next up on this Data Science vs Business Analytics blog, is to know all about Business Analytics.

What are the top careers in Business Analytics? Read our detailed blog on Business Analytics careers now!

Business Analytics Career

Business Analytics revolves around the world of data extraction from structured and unstructured datasets.

Data governs certain decisions that are used to look back at past performances, analyze current standings, and forecast potential future performance.

Also read: What Is Data Analytics?

A Business Analyst is involved in aiding business leaders by providing them with ample information and results from analytics to help drive the company towards success.

The important aspect of Business Analytics comes from a strong foundation in the concepts of statistical analysis and data management. Along with this, Business Analysts must also be adept in analytical planning and predictive analytics.

Business Analytics is a field that revolves around data visualization. It forms an integral part of this career path as it is one of the elegant ways to provide insights to the leaders based on the analysis.

Next up in this Business Analytics vs Data Science post, let us check the vital skills a Business Analyst must-have.

Business Analyst Skills

Following are a few of the technical and business skills that aspiring Business Analysts should consider having:

• Programming skills
• Statistical analysis
• Data querying tools
• Business Intelligence tools
• Data mining
• Analytical problem-solving
• Data visualization

As you might have already taken a guess, since data analysis is key to businesses across the globe, an ample number of job opportunities are being created every day.

Certification in Business Analytics will help prospects and learners secure roles such as Systems Analyst, Senior Business Analyst, Lead Data Analyst, and more.

Also read: 7 Reasons You Should Go for Data Analytics Training

The difference between Data Science and Business Analytics should be clear after you go through the following section.

Career Paths for Data Scientists and Business Analysts

A Data Scientist’s primary assets are being involved in research, writing good code, and being proficient in Mathematics. This continues along the career path as well.

A Business Analyst, on the other hand, is involved with the development of strategies, building business-driven insights, and more.

One can compare the skills, and it is easy to notice that a Data Scientist’s role is more technical when directly juxtaposed with the role of a Business Analyst.

You must understand the fundamental differences that lie in Data Science and Business Analytics jobs.

Check out our blog on Business Analyst vs. Data Scientist to learn in detail.

The following is the order in which a Data Scientist and a Business Analyst can go about climbing the corporate ladder in the respective domains:

1. Data Scientist
2. Senior Data Scientist
3. Chief Data Scientist
4. Entrepreneur

Coming to a Business Analyst:

1. Business Analyst
2. Senior Business Analyst
3. Analytics Expert
4. Strategy Leader

Which is a better career option for you?

Before we move on to discuss which career path should be chosen, let us first look at some facts. As per Markets and Markets reports, the Data Science market is expected to grow to USD 140 Billion by 2024, and the Business Analytics market is expected to grow to USD 100 Billion. It is estimated that both the domains would grow further and prove to be a good career option. The only point that needs to be considered is which role do you find interesting and would love to do.

Both Data Scientist and Business Analyst roles are data-based roles but they differ a lot in terms of their usage in an organization. Data Science typically works on complex and very specific problems for the long-term growth of the company. Whereas, a Business Analyst is involved in both the analytics and business side of the organization. He drives data-driven business decisions and is responsible for communicating with IT and management simultaneously.

As a Business Analyst, you will be working with tools like Excel, Tableau, SQL, Python. Whereas, the commonly used tools by a Data Scientist are R, Python, Keras, scikit-learn, etc. The two roles may sometimes overlap based on the organization’s internal preferences, decisions, etc. Hence, knowing and understanding the exact day-to-day job in both roles is essential before deciding the career path.

Check out the comparison between Business Analysis and Analytics in our comprehensive guide on the difference between Business Analysis and Business Analytics.

Be it a Data Science role or a Business Analysis one, the number of job opportunities are virtually endless. The concepts are very elegant to learn and implement to solve a variety of problems. Be it Data Science and Business Analytics salary, the numbers have been nothing but impressive both in the USA and the rest of the world.

Conclusion

We hope the differences between Data Science and Business Analytics are clear to you now!

An important aspect to take away here is that each of these career paths has numerous advantages. Depending on what your inclination is and the factors mentioned above, you could go on and consider one of these top career paths to follow!

If you are looking forward to learning and mastering all of the Data Science concepts and earning a certification in the same, do take a look at Intellipaat’s latest Data Science Certification offerings.

Difference between the job nature of a PO in a bank or an AO in Insurance

 

A PO in a bank or an AO in the insurance sector?

JOB Profile
Insurance AO: An Administrative Officer in General Insurance company is the Primary Supervisor. The Work of an AO is very simple, they need to do administrative jobs. Which includes Claim Settlements(Mainly) or Accounting or Verification and Supervising Assistant's works.
Bank PO: A PO(Probationary officer/AssistantManager) in a Bank is the lowest position in the Officer's cadre.  He/She has to do all the work starting from Customer dealing to back office job. A PO has to verify the work
has been done by a SWO/Clerk such as Cheque passing, NEFT/RTGS Verification, Issuing a Cheque Book and many others. From Day begin to Day end, a PO has to take all the reports and also report them to account
offices.
Pros
Pros as AO:
5 Days of Work
Limited Workload
Best Laptops(for Specialists)
Less likely to get Rural Posting
Happiness in Work(Specially in Claim Settlements)
Huge chances of Growth
No customer dealing
Pros as PO:
Loan Benefits
Overdraft Facilities
Good Salary(similar to AO)
Fast Growth
Cons
Cons as AO:
Less Facilities
Slower Growth Rate than PO
Less Exposure than PO
Bonds from 3‐4 Years
Cons as PO:
6 Days of Work
A lot Work Load
Less time preparing for other exams
Very much transferable job
Have to Deal Customer
Why Insurance AO
If you want to work and keep your work in the office(most of the time) and come home with not much work load then AO is for you. Plus the working
days are only Mon‐Friday from 10 ‐ 6.30(Maximum). Specialist also get the best laptops in the market. You get to see many things while settling claims. People have reported funny/fake claims which makes the
work easy for you.
Why Bank PO
"I am a Banker". Sounds awesome isn't it? Well if you want to serve the people directly, then PO is best.You get a lot of chance to express your qualities and you also get a lot added bonanza in your
job profile.(Furniture, House Rent Allowances)

Note: As the govt. has started privatizing insurance sector, many changes are blowing over. Pls study before taking a decision.  

 

 

Government Jobs vs Private Jobs

Comparison Chart

Parameter	Government Job	Private Job
Job security	Job security is guaranteed. Public sector is bound by employee protection and has to show valid cause of conduct violation in order for a termination.	No job security. Security is dependent on performance and market. Poor economic condition and performance can lead to termination of employment.
Job growth	Little to average job growth. Senior positions in government jobs come after years of patience.	Private sectors are rewarding with respect to promotions. Good performance can lead to quick growth.
Job benefits	Apart from a fixed monthly salary, the public sector provides other perks and benefits such as medical coverage, insurance,etc.	Private companies do not invest in the insurance company and provide other perks that government jobs do.
Job opportunities	Fewer opportunities and are dependent on factors like age, vacancy and openings.	Greater opportunities and recruitment drives happen all year long.
Job salaries	Fixed salaries with scope of increment only after the release of new pay commissions.	Higher salaries offered as compared to government jobs. Not all companies offer high salaries.
Work-life balance	Flexible and fixed timings and comfortable work life.	Highly competitive work culture, long working hours,
Ease of getting job	Depending on the vacancies, openings have to appear for a national level exam therefore very difficult to get in.	Relatively easier to find a private job. Good grades, great communication skills often help land a private job.
Post retirement	Government jobs provide pension, medical benefits post retirement.	No such post retirement benefits or pension.
professionalism	Work setting may lack professionalism and punctuality.	Private job settings are famous for their professionalism and cut – throat work ethic.

 

Steps to Improve general knowledge and current affairs 

\ Written exams like CDS, NDA, T.A. and AFCAT  have different patterns and verity in levels of questions. Understanding these GK and  current affairs question is the biggest problem for most of the candidates, especially for those who are appearing in CDS and NDA exams as the UPSC G.K. pattern is very complex. 

    Well, there is no direct or shortcut way for it, but it can be overcome by constant efforts. Candidates can follow the following steps to raise their knowledge of current affairs by opting the following steps.

1. Newspaper – Newspaper is the best source that can raise your current affairs knowledge. But don’t read irrelevant and unnecessary news in the newspaper. Just read what is required or can be asked in exam or SSB interview. It is hard to keep reading newspaper in continuity, but it has several pros. . Improves grab over English
   . Detailed news
   . Good and affordable source
2. Television – The most relevant way to improve your current affairs and stay in touch with current events is to watch news channels. Prefer DD news to get selected news of different sections. News channels cover most of the current affairs news and are the easiest way to get more in less time. avoid commercial news and focus on the news that can be a beneficial for you.
3. Online Sources – Internet has become a strong power of youth. Well, the judicious use of it is crucial to bring favorable results. To brush up your current affairs, which you have skipped in newspaper can be read on various current affairs websites. Several online sources give current affairs in point form, while some websites release PDF file having creamy news classified in different sections.
4. Magazines – Current affairs can be easily improved by reading current affair magazines. Monthly, semi-annual and annual editions of such magazines are released. It doesn’t need any internet connection or any gadget to read and is more relevant in reading. E-magazines are also their on the respective websites of the publishers and can be bought online.
5. Apps – With the deep penetration of smartphone in current generation, apps have become a convenient way to operate things over smartphones. Several current affairs apps are there on mobile app stores that can be beneficial for you, as it will save your time and are easy to handle.
6. GK Books: GK books in various formats are available. Arihant, Udyogasopanam and many more. Select the one that is suitable for you. 

Conclusion – Every defense exam has questions about current affairs and dealing with them is the toughest task of every candidate. But staying up-to-date with the current happenings and making it a hobby can bring rise in such knowledge. Stay connected with the current events and happenings that can be either asked in SSB or can be a question in any competitive exam. So, those who have a clear targets, should start putting efforts and ensure their success this time. Constant and determined efforts are always necessary for reaching to your aim.

Govt Job without coaching is possible

 

How to crack government exam without coaching?

 

Government jobs have always attracted the youth of India and whether after college, with job or after job they make sure that they are preparing for some government exam given the special amenities that come along with a government job. The government exams are very popular and also have a lot of rumours around them, and one of them is that it is almost impossible to crack these exams without coaching.

So are you planning to prepare for a competitive exam? Are you looking for a government job? Are you confused whether to join a coaching or not? Well, for the first two questions you should be answerable and for the third one we can help solve your problem in a very simple and easy way.

Coaching or no coaching is a tough topic to discuss, but we can surely draw a valid and simple conclusion for the same by looking at various facts and figures and subsequent to that you can choose what suits you best and see if you want to join any coaching or not.

Contents

• Why join coaching?
• Crack exam without coaching
  • Primary Stage
  • Secondary stage
  • Tertiary stage
  • Suggestions 

Why join coaching?

While coaching institutes are a great help in your preparation, some of the reasons why this is so is:

1. Guidance: The coaching institutes have experienced faculty which can guide you through the exam and help you understand the insights of the exam.
2. Classes: Also the classes in these coaching institutes are taken by experienced professionals who themselves have qualified the exam, so it really helps in preparing in the right direction.
3. Competition: There are lots of students in these coaching institutes and through the regular exams that are conducted in these institutes the students become aware of the competition they will be facing in the main examination and thus work harder in order to get a rank in the examination. Thus, these coaching institutes help the students in testing how deep the water is.
4. Study Material: Running since years, the coaching institutes have dedicated study material for various exams which have been prepared after studying the best books that are available on the following subject.

Thus, there are lots of reasons for one to join any coaching institute. While these points are important for your preparation they are surely not exclusive to the coaching institutes. Without joining any institute too you can get the right guidance, study material and test your competition.

Crack exam without coaching

While coaching is a great option, you can crack any govt exam without coaching as well. Stats have shown that most of the students who crack the government exams do it on their own and do not join any coaching. Most of the students travel to different cities to take coaching; however with the new age coaching is not necessary. The basic benefits of preparing without coaching are:

• You can stay in the comfort of home.
• No worries about food or shelter
• No financial tension
• You have your family as your support system.
• Coping up with rough days becomes easy.
• You do not have to look out for ways to rejuvenate yourself.

With so many basic benefits, preparing for any government exam without joining any coaching can be done at ease and in an efficient manner.

Now we shall discuss how to crack the govt exam without coaching. The preparation phase without coaching consist of 3 stages the primary, secondary and tertiary stage. Today we shall be discussing each phase in complete detail and break the Myth that no govt exam can be cracked without coaching.

1. Primary Stage

   This is the first and foremost stage of the exam when you make up your mind that you want to prepare for any specific govt exam. You go around asking your friends, seniors and family about the exam, you also spend searching on the internet about the exam and the inside out of the exam procedure and pattern. Thus, he primary stage is extremely necessary and some of the things that you must do while on this stage is:

1. Know the exam: Whether it is the GATE exam, the ESE exam or any other govt exam, it is necessary to know the exam before you pounce on it. So the first important thing is to study all about the exam. While in coaching you will get an introductory class for the same, when preparing from home or college Google is you guide so search for the exam and know the exam. Some things that you must search and make notes of about the exam are:

• The exam syllabus, the subjects that are asked.
• The pattern of the exam including the type of questions, the time duration of an exam, the previous year cut off, the number of questions and the stages in which the exam is conducted.
• The future prospects after clearing the exam.
• If there are optional subjects, then the posts related to each optional subject. These are some of the things that one must know about the dam to ensure that you want to prepare for the exam and accordingly make your study plan.

2. Read and watch about the topper: Every year lots of students clear the govt exams , once you have chosen the exam that you want to appear for, search for the toppers-talk of the students who have cleared the exam. Watch these videos and read their interviews to know what it takes to clear the exam and get you motivated for the same. You cab find these videos on YouTube or the website of the coaching institute where the student might have prepared.
3. Get an idea of the type of questions asked: Before you start your preparation you must know the type of question whether conceal or application based questions are asked in the examination. This you will get to know by scanning through the previous year questions. The previous year questions will be of great help to you in each step to know where your preparation is going and how much more effort is needed. So download the previous year questions of the exam and read brought the questions.

2. Secondary stage: While the primary stage is mainly to know about the exam and get prepared for what you will be going through ahead, the secondary stage is for you to make a plan based on what you read in the primary stage and start with your preparation without relying on the coaching. The pointers to be taken care of in the secondary stage are:

1. Make a Plan: Based on the syllabus of the exam and the type of questions that are asked in the exam (which you have seen in the primary stage) make a study plan. This study plan will act your guide during the preparation and will help you keep focused and complete your syllabus on time. So write down your syllabus somewhere on topic basis, and then make a study plan about how you want to go about reading each topic and thus completing the syllabus before the exam. Get insights into making the perfect study plan.
2. Finalize your resources:

Now that the plan has been made, you need to finalize on the resources that you will be using while preparation. These resources can include the various books that are available for each subject, some online videos that you may watch or the study material of various coaching institutes that are available for purchase. So while you can avoid joining a coaching you can always refer to their study material which is made by experts taking into consideration the exam syllabus and pattern.

3. Notes: When following your study plan do not forget to make notes of what you are reading. These notes though may seem very tedious and extra work will come in really handy in the tertiary stage where you will have to revise the entire syllabus before the exam. So whether you are reading through a book, taking online classes, using study material o not forget to make notes. Know the art of making notes.
4. Prepare for all stages: In the primary stage you made a note of all the stages to crack that particular out exam. Well, when you make a pan ensue to include the syllabus and preparation for all the stages. The time period available between different stages of the exam is rather less, so instead of doing last minute studies keep yourself prepared beforehand for all the stages.

Stay away from distractions:

With time there will come some distractions which one has to avoid. During your preparation stay away from distractions which will hamper your studies. Some of the distractions include:

• Scrolling through social media every now and then
• Chat with friends for hours.
• Video streaming apps like Netflix, YouTube, Hotstar and many more.
  Day Dreaming
• Going out with friends daily

If you are indulging in any such activity daily, then you need to stay away from them, however practising them once a blue moon will help you resent up and rejuvenate.  Instead, you can use these distractions in a positive way.

Use social media for getting n touch with students who are also preparing and discussing with them important topics and clearing your doubts.
Chat with friends on important topics that are in the news, as it will help you prepare for the general studies and the interview.

You tube can be used for your studies as there are lots of youtube channels that provide you guidance for the exam and help clear your doubts regarding the same. Indulge in discussion with your friends about important topics, this will you all in better preparation.

Instead of Daydreaming, utilize the time to read the newspaper, solve quant questions, reading novels which will help you.

Thus the secondary stage is crucial and determines your study patter and whether you will be able to crack the exam or not. Students who stay motivated at this stage excel in the exam and those who take it casually are unable to clear the exam.

3. Tertiary stage

The last and final stage of preparation, the tertiary stage is right before the exam ad determines your final dedication. This stage is important as you have to ensure that all you read and studied in phase 2 is properly revised and practiced. So some important practices for stage 3 are:

1. Revise: In the secondary stage we discussed about the importance of noes, here is where it will be utilized. Before you sit for the exam, you have to revise all that you have read and only then the mind will be able to recall everything. This revision is not possible by going through the books again; here is where the notes come in handy. On daily basis revise your notes and if there is anything you want to add do so.
2. Practice: Apart from revision, another important thing is to practise. This practise can include previous years paper and the test papers of the exams that are available online You an also join the online test series of any coaching institute catering to your exam. Though you may not join any coaching but joining the test series can help you know where you stand in the competition and find the parts of the syllabus you still need to work on.
3. Motivated: While all the points mentioned above are important, what is of utmost importance is to stay focussed and motivated. At any point of the preparation if you lose out on your confidence it may take a toll on your exam, so stay motivated and stay focused for your exam. If you feel low you can read some motivational book or watch any video.
4. Take Rest: This is not specific to stage 3 but overall. You need to ensure that amidst the preparation you do not sacrifice your sleep and health. While in the short term it may look like a great idea, in the long term it will hamper your studies.

While there are a lot of benefits of preparing through coaching, the online classes have given an easy solution to it.  Still if you do not want to join any coaching, you can always study from home and crack any exam as it is not the place that matters but your dedication towards the exam which will help. Every competitive exam is about a strategy and its execution if you are able to formulate your strategy and bring it into action then yes you can crack the exam without any coaching. So believe in yourself and the power of self study and before you know you will ace the exam that you are now dreaming of.

We hope this article will help you and keep you motivated. We wish you all the very best for your exam and let us know if you have any more queries.

You can also watch at YourTube for further guidance: https://youtu.be/gBHE7P9ou0E

We LOVE Reading: An app sponsored by AP Govt

We LOVE Reading: An app  sponsored by AP Govt

 వేసవి సెలవుల్లో కూడా విద్యార్థుల్లో పఠనా సామర్థ్యం, నేర్చుకునే తత్వం పెంచేవిధంగా ఏపీ విద్యాశాఖ కొత్త తరహాలో యాప్‌ను అందుబాటులోకి తీసుకువచ్చింది.  ‘ఉయ్‌ లవ్‌ రీడింగ్‌’ సెలవుల్లో కొనసాగించేలా సమగ్ర శిక్ష అధికారులు చర్యలు తీసుకున్నారు. దీనిలో భాగంగా గూగుల్‌ సంస్థతో ఏపీ సమగ్ర శిక్ష అధికారులు ఒప్పందం కుదుర్చుకున్నారు. గూగుల్‌ సంస్థ ఎడ్యుకేషన్‌ విభాగంలో ప్రవేశపెట్టిన ‘గూగుల్‌ రీడ్‌ అలాంగ్‌’ యాప్‌ను ఏపీ విద్యార్థులు వినియోగించుకునేలా అధికారులు చర్యలు తీసుకున్నారు. స్మార్ట్‌ఫోన్లు ఉన్న విద్యార్థులు ఈ యాప్‌ను డౌన్‌లోడ్‌ చేసుకుని  చదువుకునే అవకాశం ఉంది. 

తెలుగు, ఇంగ్లిష్‌పై పట్టు.. 
వినోదాత్మక ప్రసంగ ఆధారిత రీడింగ్‌ యాప్‌లో ఒకటి నుంచి ఆరో తరగతి వరకు ఉపయోగపడే విధంగా పదాలు, కథలు, ఆటలు రూపొందించారు. వీటిని రోజూ చదివితే ఆయా భాషల్లో పఠనా నైపుణ్యాలను మెరుగుపరిచేందుకు సహాయపడుతుంది. ఆసక్తి కలిగిన కథనాలను చదవమని, ‘దియా’ పేరుతో ఉన్న యానిమేషన్‌ బొమ్మ విద్యార్థులను ప్రోత్సహిస్తుంది. ఈ యాప్‌లో స్వరాన్ని గుర్తించే సదుపాయం ఉంది. పిల్లలు పదాలు, కథలు చదివినప్పుడు తప్పులు దొర్లితే యాప్‌ ద్వారా గుర్తించబడి తప్పులు సవరించే సదుపాయం ఉంది. దీనిని ఒకసారి డౌన్‌లోడ్‌ చేసుకుంటే చాలు నెట్‌ అవసరం లేకుండా ఆఫ్‌లైన్‌లో పనిచేస్తుంది. దీనిలో ఎటువంటి ప్రకటనలు ఉండవు. పుస్తకాలు, పిల్లల కథలు, చోటా భీమ్‌ నుంచి వివిధ పఠన స్థాయిలో వెయ్యికి పైగా పుస్తకాలతో లైబ్రరీ ఉంటుంది.  విద్యార్థులు  యాప్‌ను డౌన్‌లోడ్‌ చేసుకుని మంచి కథలు నేర్చుకుంటున్నారు. 

పఠనా సామర్థ్యం పెరుగుతుంది.. 
యాప్‌ను డౌన్‌లోడ్‌ చేసుకుని దాని ద్వారా మంచి పాఠాలు, భాష నేర్చుకోవచ్చు. తద్వారా పఠనా సామర్థ్యం పెరుగుతుంది. వేసవిలో విద్యార్థులకు మంచి మార్గదర్శకంగా ఉపయోగపడుతుంది.