Data Analytics for Business Students

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The major theme of the following article is the issue of introduction to data analytics as one of the essential tools in terms of business and accounting education due to the aspects relevance in the context of the 21st century. When addressing the article, in brief, it should be outlined that some of the major discussion points mentioned in the paper concern the evaluation of data analytics in the context of accounting, the overview of the three most widespread and efficient tools for analytics, and the efficiency of the case studies provided by the existing educational resources.

Hence, the topic of the article encompasses the specifics and relevance of the introduction of data analytics as a mandatory course in the curriculum for business students. It goes without saying that the following issue should be considered a beneficial endeavor in terms of accounting. First, the introduction to data analytics provides future professionals with some major insights concerning the enterprises financial capability and risk management patterns. Secondly, such knowledge helps accountants categorize data and define the variances in performance in the most efficient way.

When speaking of the conclusions drawn in the article, the three major aspects may be outlined:

  • The notion of data analytics has become one of the integral parts of business management due to the efficiency rates it introduces to the sphere.
  • The introduction to data analytics has become a full-scale necessity in terms of the academic curriculum due to increasing demand from employers.
  • Data analytics, as a concept, should now be regarded more like a mindset rather than a hard skill required to find a job in the business sector.

Having considered the aforementioned statements, it may be concluded that all the arguments are quite sell-developed and justified by the quantitative data provided by the author, indicating the overall employers response to knowledge of analytics. Moreover, the very notion was described in the context of todays major business trends that encourage accountants to use analytic tools in the working process. Finally, the last conclusion was described from the perspective of agile mindset definition and its influence on the overall business lifestyle.

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