calender_icon.png 24 September, 2025 | 7:54 AM

‘AI is the Need of the Hour; Relevant Skills Matter’

23-09-2025 12:00:00 AM

Parents and students today are searching for one clear answer: which degree leads to future-proof jobs? Business analytics is one of the strongest answers. It sits at the intersection of data, technology, and management, helping companies make sense of information and act on it. Artificial intelligence (AI) is now amplifying this impact, making analytics faster, smarter, and essential across industries.

But what exactly is business analytics?

At its heart, business analytics is about asking the right business question, gathering relevant data, and turning patterns into practical insights. Analysts look at the past to describe what happened, explore why it happened, predict what might happen next, and recommend what should be done.

For example, a retailer may use analytics to see why sales dipped in one region, forecast festive season demand, and adjust prices to maximise profit.

What good courses typically offer

High-quality undergraduate and master’s programmes in business analytics are designed to build both hard skills and soft skills. This is a multidisciplinary course in which students typically learn:

Business communication and teamwork: presenting insights clearly, persuading stakeholders, project management and collaborating across functions.

Programming and data: Python, statistics, SQL, visualisation, and managing data.

Artificial intelligence and risk: applications of AI and increasingly generative AI in business, ethical and responsible AI practices, and risk management.

Analytics in action: building analytics solutions for real-world applications, project management, and storytelling with data.

Look for programmes that are professionally accredited by industry bodies. Industry accreditation ensures the course is reviewed regularly with input from employers, so the content remains aligned with current industry needs. A good programme also offers real projects, internships, and opportunities to build a portfolio of dashboards, reports, and case studies.

How AI is changing the game

AI is not replacing analytics; it is supercharging it in multiple ways:

Time-saver: Generative AI helps analysts write code, summarise reports, and prepare first drafts of presentations.

Sharper insights: Automated tools can quickly test many models, so analysts spend more time interpreting results than building them.

Risk management: Companies increasingly need graduates who can check if AI systems are fair, accurate, and trustworthy.

Take the example of customer service: instead of just counting complaints, AI can read thousands of messages, group them into themes, and even suggest improvements. Analysts then focus on what action to recommend, rather than spending hours sorting data.

Career pathways and why they matter

Graduates in business analytics find roles such as business analyst, data analyst, product analyst, marketing or supply chain analyst, and, with advanced study, data scientist or AI governance specialist. These jobs are found in banking, insurance, consulting, retail, technology, healthcare, government, and startups.

Because data is everywhere, skills are globally portable. In many countries, these roles are in high demand and often appear on skilled migration lists, creating opportunities not only for careers but also for longer-term settlement abroad.

Consider an example from banking: a data analyst may study transaction data to spot unusual patterns, which can signal credit card fraud. In insurance, analysts help detect risky claims early, saving companies and customers time and money. These are real-world problems where analytics delivers measurable impact.

Final words

Business analytics with AI is more than learning tools; it’s a thinking profession. Employers look for graduates who are “T-shaped”: strong technical knowledge, plus the ability to think critically, communicate clearly, and work responsibly.

Hard skills—statistics, coding, AI techniques—will get a foot in the door. But soft skills—creativity, ethical judgement, collaboration, and storytelling—are what turn data into decisions. AI can generate outputs, but only humans can frame the right problem, weigh trade-offs, and decide with empathy and responsibility.

For students who are curious about technology, care about impact, and enjoy problem-solving, business analytics with AI offers a career path that is both relevant and resilient. Choose a programme that is industry-accredited, updated with AI, and balanced between technical and human skills. Then practise, build projects, and grow. AI will be your accelerator—but your judgement will always be your edge.

The author is the Head of the Department of Actuarial Studies and Business Analytics, Macquarie Business School, Macquarie University