In today’s rapidly evolving professional landscape, certifications have become instrumental in enhancing one’s career prospects and skill set, particularly in the data-driven business environment where the ability to extract valuable insights from data is crucial for making informed decisions.
In this article, we will provide all the details on CBDA Certification.
What is CBDA?
CBDA stands for Certification in Business Data Analytics. It’s offered by International Institute of Business Analysis (IIBA), Canada.
It’s a business Analysis certification in the field of Data Analytics. A unique certification which recognizes your ability to execute analysis activities in Data Analytics or Data Science Projects.
CBDA Certification allows you to master business analytics skills through six domains. These domains cover end-to-end data analytics life cycle:
- Identify the Research Questions
- Source Data
- Analyze Data
- Interpret and Report Results
- Use Results to Influence Business Decision Making
- Guide Organization-level Strategy for Business Analytics
CBDA Eligibility Requirements
There are no eligibility requirements for this exam. However, it is recommended that you have 2-3 years of experience in data analytics field.
We believe that this certification is best suited for:
- Data analysis professionals seeking to expand their competencies.
- Business Analysis professionals seeking to work in Data Analytics initiatives.
Is CBDA worth it?
How relevant is the CBDA Certification in today’s world? Is CBDA worth it?
Here are some of the reasons, why getting CBDA certified is worth it:
- A recent article* ranked Analytics and Problem-solving as two of the most in-demand skills in 2024. Certification in Business Data Analytics is the key to help you prepare for these in-demand skills and to remain on top of industry trends.
(LinkedIn Article – The Most In-Demand Skills for 2024)
- Data analytics is a fast-growing field and it will continue to grow over the next decade. The U.S. Bureau of Labor Statistics (BLS) estimates 22% growth through 2030, which is considered much faster than average. This means that more than 3,000 positions will need to be filled annually.
- The global data analytics market size is projected to grow from $51.55 billion in 2023 to $279.31 billion by 2030, at a CAGR of 27.3%. This indicates a high demand for qualified Data Analysts.
(Source – Fortune Business Insights)
- The average salary for a Data Analyst in the United States is $90,218 per year, as of April 2024.
(Source – Glassdoor)
- The average salary for a Data Analyst in India is ₹7,00,000 per year, as of April 2024.
(Source – Glassdoor)
CBDA Certification Cost
The cost of CBDA Certification consists of two components: Membership Fees and Exam Fees. The membership fees vary based on your country of residence.
Membership Fees
Membership fees are dependent on the country, you reside in. IIBA has segregated the countries in three regions as shown below.
Region I Countries: USA, Canada, Australia, United Kingdom, United Arab Emirates & more…
Region II Countries: Singapore, Taiwan, South Africa & more…
Region III Countries: India, Argentina, Pakistan & More…
|
|
Region I |
Region II |
Region III |
|
Membership Fees |
USD $ 139 |
USD $ 89 |
USD $ 55 |
Exam Fees
The exam fees is fixed for applicants. It differs for members and non-members as shown below.
|
Exam Fees (Members) |
US $250 |
|
Exam Fees (Non-members) |
US $400 |
Exam Retake Fees
If you are not able to clear the CBDA exam in the first attempt, you can retake the exam. The retake fees also differ for members and non-members, as shown below:
|
Exam retake Fees (Members) |
US $ 195 |
|
Exam retake Fees (Non-members) |
US $ 350 |
CBDA Fees – Summary
All the CBDA related fees are summarized in the table below:
|
CBDA Cost head |
Region I |
Region II |
Region III |
|
Membership fees |
$139 |
$89 |
$55 |
|
Exam Fees (Members) |
$250 |
$250 |
$250 |
|
Exam Fees (Non-members) |
$400 |
$400 |
$400 |
|
Exam Rewrite Fees (Members) |
$195 |
$195 |
$195 |
|
Exam Rewrite fees (Non-members) |
$350 |
$350 |
$350 |
(Note: There is no application fee for CBDA Certification)
CBDA Validity & Recertification
- The CBDA Certification is valid for one year from the date of certification
- During this one-year period, certification holders are required to earn a minimum of 20 Continuing Development Units (CDUs) to ensure the continued validity of their certification
- If recipients earn more than the required 20 CDUs in a year, they can carry over up to 5 extra CDUs to the next year
- Recertification is done through an online process on the IIBA® website (Note – Make this link no-follow)
- The recertification fee is non-refundable.
- For IIBA members, the CBDA Certification renewal fee is $30, while non-members are required to pay a renewal fee of $50
CBDA Exam Information
The CBDA Exam assesses the competency of business analysis professionals who perform analysis-related work in support of business analytics initiatives. Here are the key aspects of the CBDA Exam pattern and syllabus.
Exam Pattern:
- Duration: The CBDA exam is a two-hour exam.
- Question Format: The exam consists of 75 multiple-choice, scenario-based questions.
- Weightage: The exam is weighted across six knowledge areas (domains).
- Real-World Scenarios: The exam focuses on assessing your ability to answer questions based on real-world scenarios.
Syllabus:
The following table provides an overview of the syllabus :
|
Knowledge Area |
Exam Coverage |
|
Identify Research Questions |
20% |
|
Analyze Data |
16% |
|
Interpret and Report Results |
20% |
|
Use Results to Influence Business Decision Making |
20% |
|
Guide Company-level Strategy for Business Analytics |
9% |
|
Source Data |
15% |
CBDA Preparation
How to prepare for CBDA?
Are you ready to embark on your journey to become a Certified Business Data Analytics (CBDA) professional? Techcanvass is here to support you every step of the way. We offer comprehensive resources designed to help you effectively prepare for and excel in the CBDA Certification.
Techcanvass provides the CBDA Certification Training Course, a comprehensive program specifically designed to enhance your skills in Business Data Analytics. With our training course, you will receive expert guidance and support from experienced instructors who are committed to your success.
With the CBDA course, you get a question bank with 500+ questions, four full-length practice tests, flashcards, mind map, and a study guide to help you crack the exam in the first attempt.
CBDA Preparation Resources
I. Guide to Business Data Analytics:
The Guide to Business Data Analytics is a comprehensive resource provided by IIBA. It covers the knowledge areas and provides essential concepts, techniques, and best practices for business data analytics. This guide serves as a valuable reference for CBDA Certification preparation.
II. CBDA Mock Test:
Taking a CBDA mock test can be highly beneficial in your preparation for the certification exam. It helps familiarize you with the exam format, assesses your knowledge and understanding of the topics, and allows you to practice answering scenario-based questions similar to those in the actual exam.
By utilizing these resources and adequately preparing for the CBDA Certification exam, you can enhance your knowledge and skills in business data analytics, increasing your chances of earning the certification successfully.
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