Data Science: What is the difference between business analyst, data analyst, data scientist, business intelligence analyst, business systems analyst, and product manager?
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Will an MBA with an emphasis on analytics fetch me any of the above mentioned jobs?
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Answer:
Well, this is a very important question as people are often confused between these designations and if the same skill set qualifies to get one of these roles.A business analyst is one who understands the specific domain of the project (ex. retail, merchandising to be specific, supply chain etc.). His/her role is to understand the business problem, analyse the current state and capture requirements using various tools like surveys, interviews, group discussions and then provide recommendations and create a Requirements document for sign off.A business systems analyst is kind of extension to the business analyst role. A person will need to have some technical knowledge of the area he/she is in working in order to perform detailed analysis of the current state and test the proposed solution. Ex. you will need to know SQL while working on implementing a new product to check if the data setup is correct etc.A data analysts role is one that works with lots of data to derive meaningful insights to either address business problems or discover hidden trends and patterns that can be leveraged to meet the business objectives.A data scientist role will involve analyzing data but more importantly to come up with proprietary algorithms and mathematical equations to develop business tools and products that address the business need. A data scientist will also be involved in creating new tools/products.Business Intelligence(BI) Analyst works specifically in the area of BI and it is important for him/her to understand data related concepts. Few years back it would have been enough to know SQL, data transformation tools like Informatica, Reporting tools like MicroStrategy. However, with the advent of Big Data, one will need to understand those concepts as well to succeed in the role.Product Manager is an overarching role, who has responsibility to ensure that the development of a particular tool runs on course. He/She may or may not fully understand the technology/domain but is required to know enough to provide guidance to the team, steer them in the right direction and eradicate any obstacles that arise.An MBA will only help you get your foot in the door for any of these roles. You need to to have specific knowledge about the domain/technology based on the area of work. MBA with focus on analytics can help prepare for these roles, it is a good skill to have, however, it is the application that will help you succeed. That said and MBA is often a requirement for Business Analyst, Business Systems Analyst, BI Analyst and Product Manager role.
Mohit Chopra at Quora Visit the source
Other answers
So, there is a lot of confusion regarding the terminologies, but more or less they all overlap. Another point to mention here, it really doesn't matter since they keep on changing! Well, I have never discussed much about BSA and PM, and therefore will refrain myself from making guesses! The demand of most businesses in today's time is, in context of the question asked, data collection, data cleaning, reporting and gathering insights/ answering business problems/ suggesting methods and ways to boost business. And so it comes down to two broad categories Business Intelligence and Data Warehousing, and Business Consulting. Business Intelligence Analyst, Data Analyst and Data Scientist- This person is going to perform almost all the tasks except the data collection and delivering insights part. They will work on crude data using the many tools available in the market to clean data, generate reports/ dashboards. That's how they play, give them loads of data and they'll draw graphs/ charts out of that textual stuff and present it over to the client. Also, technically this profile is a part of Data Warehousing and Business Intelligence domain, now you can attach some more meaning. Business Analyst- This guy kind of performs the 'after BI' part. The BI guy sends over the impeccable graphs and dashboards but then who is going to tell the client what is to be done, what does this mean, what should you do .. blah blah i.e. every nuance dealing with the clients Business aspect. So this is the most important task of the BA guy, to deliver relevant business insights that can be implemented and that helps answer the question posed by the client, which a dashboard or an excel report rarely do. Also, the BA profile comes under the Business Consulting Domain. As you might also infer that Business Consulting needs the support of BI to generate their insights (mostly), and so they go hand in hand. Yes, at the front end a BA shines more than a BI guy, but then what can a BA do alone!
Smriti Singh
With the exception of product manager, these are all jobs that fall under the umbrella of data science. If you love data science, and have experience in any of these fields, an MBA with an emphasis on analytics will help you get any of these jobs. An MBA alone is not enough of a pedigree to get into the highly competitive field of data science.If you do not have experience in data science, but love it, then I'd go back for a bachelor's in data science while working on an MBA with emphasis on analytics. This will give you the solid background in the field that will make up for your lack of experience. An MBA is de rigueur for a product manager position, but not for the other jobs you list. If data analysis is your thing, then consider an MS in data science, followed by a PhD. This is the shortest path to a data scientist position compared to putting in years of haphazard learning in the corporate world. It will guarantee you the highest salary and most rewarding assignments.SOURCE: Analyzing the Analyzers: An Introspective Survey of Data Scientists and their Work. http://cdn.oreillystatic.com/oreilly/radarreport/0636920029014/Analyzing_the_Analyzers.pdf
Kerry Watson
Resources you can read to learn more about the careers you are interested with based on the career and salary research site, PayScale:http://bitly.com/18rAeeZ http://bitly.com/12Rd7kHhttp://bitly.com/1xCyW9nhttp://bitly.com/1v65yp2http://bitly.com/1ZbgUJshttp://bitly.com/1Ewyflz
George P. Adams
Data Scientists are people who are Socrates, Homer, Euler, Steve Jobs, Da Vinci, Fischer and have skills of all of the above mentioned names. Which is why they are also extraordinarily well paid.The rest of them use IT skills in various degree to help corporations achieve their end goals, by improving process, or optimizing platforms, building web analytics, etc.
Cansu Sueliman
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