Skills required to be a analytics consultant


#1

@kunal sir,

What skills do you see a consultant in analytics should have? How far the functional/business knowledge plays a role for a consultant? Do you think that a consultant need to be an expert in specific business domain or can he or she know something about every industry and provide solutions based on the need?


#2

You may be talking about too many things referring to “analytics”. Consultancy does always require a solid knowledge of whatever it is you are going to perform, plus the experience provided by the employees of your client. You don’t need to become an expert in a specific industry, but you will have to be open to new learning experiences: training in business administration, tax law, industry specific KPI’s (casino management has different KPI’s than, say, an enterprise on Civil Engineering).

That’s what makes consultancy interesting: you always need to learn something new.

I’d say you need to have some of the following:

  1. training in business administration (KPI, Budgeting, understanding of Corporate Finance);
  2. programming, statistical inference, forecasting techniques… those skills are of great use in assessing how a company has performed of late, and how the company is expected to perform in the upcoming weeks/months.
  3. networking skills. Analysts who pretend to be paid for their services have to find their own clients, or be too good to have people looking for them.

#3

@ocarreon - Thanks for the answer !!!