Description

Analytics managers are accountable of coordinating the analytics functions for their company, which includes developing effective strategies to collect information, analyze data as well as conduct research and develop analytics solutions for the products and services they offer. They also need to be able to evaluate the performance of their business, financial risks and the customer experience, and also inspire a team of experts to meet their goals quickly.

Managers must share information with their managers in order to complete projects within deadlines and possess the ability to share important performance indicators. They frequently attend meetings of the company to recommend efficient methods to achieve their goals. They they are also accountable for directing the processes and controls to ensure quality. They are required to look for new business opportunities and study the trends in customer purchases and purchase patterns in various ways to increase satisfaction.

Analytics managers are employed in offices equipped with personal computers to perform analyses of data and produce complex reports. They may also communicate their findings to a vice-president within the organization. They also have the responsibility of providing progress to operations, evaluating the performance of production, and establishing the development schedules of the future and also facilitating technological strategies, implementing new equipment, and enhancing the customer experience. They are also responsible for cost and benefit analysis as well as efficiency utilization and setting goals across all aspects of business, and after gathering enough information from concept research, release, and concept they have to estimate the cost, performance and other forecasts.

An undergraduate degree from data management, analytics or another similar field is usually required for this job, and previous experience in analytics is advantageous. Industry certifications can also be helpful.

Roles & Responsibilities

As an Analytics Manager with 3-6 years of experience in India, here are some main responsibilities:

  • Conduct in-depth analysis of large datasets, identify trends, and uncover insights to drive data-driven decision making.
  • Lead a team of analysts, provide guidance, set goals, and ensure timely and accurate delivery of analytics projects.
  • Effectively communicate complex data findings and insights to non-technical stakeholders, such as senior management and clients.
  • Collaborate with cross-functional teams to develop data-driven strategies, optimize business processes, and improve organizational performance.

Qualifications & Work Experience

Major educational qualifications required for Analytics Manager are:

  • A bachelor's degree in analytics, computer science, or a related area.
  • A Master's degree is preferred.
  • Experience in the Analytics Manager position or a similar position is required.
  • Excellent presentation and communication abilities.
  • Highly efficient and capable of handling many tasks.

Essential Skills For Analytics Manager

1

Business Analysis

2

Business Intelligence

3

Data Analysis

4

SQL

Skills That Affect Analytics Manager Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Business Analysis

10%

Leadership Management

38%

Business Strategy

30%

Team Management

16%

People Management

33%

Project Management

4%

R

11%

Python

8%

Career Prospects

The role of an Analytics Manager is vital in driving data-driven insights and decision-making. For individuals with 3-6 years of experience in India's analytics industry, here are four alternative roles to consider:

  • Data Scientist: A position focused on using statistical analysis and machine learning techniques to extract valuable insights from large and complex data sets.
  • Business Intelligence Analyst: A role that involves designing and implementing reporting tools, dashboards, and data visualization to support business operations and strategic planning.
  • Marketing Analyst: A position that focuses on analyzing consumer behavior, market trends, and campaign performance to optimize marketing strategies and drive business growth.
  • Product Manager: A role involving defining and executing product strategies, conducting market research, and collaborating with cross-functional teams to develop and manage high-impact products.

How to Learn

The Analytics Manager role in India is projected to experience significant growth in the market. According to a 10-year analysis, there has been a consistent increase in demand for this position. The role is expected to continue growing due to the rising need for data-driven decision-making and digital transformation initiatives. Google's latest data points suggest that the demand for Analytics Managers is likely to further escalate in the coming years. With the increasing adoption of analytics across various industries, a larger number of employment opportunities are expected to be available in the future, making it a promising career path in India.