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Microsoft Power BI training basically is MS Excel on a larger and more advanced scale. It involves gathering data from unrelated sources and interactive visualization of this data so that it can offer valuable insights about the business.
Although there are many such tools like tableau or Qlikview, Microsoft Power BI training is preferred by many organizations as it is pocket friendly and very interactive. Power BI can be accessed online, on the desktop, or the mobile with the help of mobile apps.
Why is there a demand for Power BI?
Since most of the businesses today are digitally driven in one way or another, data is a crucial asset that must be appropriately and implemented for the business to grow rapidly with a rapidly evolving world. So there is great demand and need for professionals who can turn this data into an asset for the company. Individuals proficient in Power BI are offered a huge variety of jobs and the demand for professionals is higher than ever.
What is the Average Salary?
Power BI proficiency is proving to be an asset for various business analysts. With the ever-increasing demand, the roles of Power BI professionals are evolving accordingly. The average annual salary of entry-level Power BI professionals ranges from 1 lakh to 4 lakh per annum. As for experienced Power BI professionals, the salary ranges from 10 lakh to 20 lakh per annum or more.
However, the salary is subject to job titles. The average salaries as per designations are mentioned below:
Data analyst: 4 lakh per annum, 8 lakh per annum (for senior data analyst)
Business intelligence developer: 5 lakh per annum
Software engineer: 4.5 lakh per annum, 6 lakh per annum(for senior software engineers)
Business analyst: 6 lakh per annum, 10 lakh per annum (for a senior business analyst)
What are the jobs where Power BI is used?
Power BI can be used by many professionals in a wide range of industries from hospitality, software companies to healthcare. The various jobs that use Power BI to perform various functions are:
Data analyst: the role of a data analyst is to interpret data and use it to infer patterns and trends that play a key role in steering the business ahead and derive insights that make any business organization more efficient.
Software engineer: it is impossible to imagine a business without devices like laptops, mobiles, etc. hence; any business must have software that is compatible with the needs of the company and/or the customer. The role of the software engineer is to develop, test, and deliver such software to the company.
Business intelligence analyst (BI analyst): the role of a business intelligence analyst is to oversee the deployment of data and review all the data that is collected. The business intelligence analyst may work closely with the business development team to deliver better results.
What are the skills needed?
The ability to make quick decisions and derive conclusive decisions from data accumulated through a variety of sources is a pre-requisite for a job in this industry. The various skills required are:
Organize and transform data
Advanced ms excel knowledge
Data modeling
DAX formulas
Power Query
Structured Query Language(SQL)
Making interactive dashboards.
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Published on November 13, 2020
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