The underlying technology on the MCSE: Data Management and Analytics was primarily SQL, SQL databases, and especially Microsoft SQL Server. The MCSE: Data Management and Analytics certification from Microsoft covered how to administer and manage a data center specifically designed for taking in and processing huge amounts of business intelligence. The MCSE: Data Management and Analytics was first and foremost for server and network administrators working on BI servers.
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Microsoft MCSE: Data Management and Analytics FAQs: Cost, Training, Value
Yes, all of the exams for the MCSE: Data Management and Analytics certification have been retired. 70-464, 70-465 and 70-466 are all retired (core exams for MCSE: Data Management and Analytics), and 70-467, 70-762, 70-767, 70-768, and 70-777 are all retired as well (all the elective exams). It's no longer possible to take any of the exams needed to earn the MCSE: Data Management and Analytics and there are no replacements planned for any of them.
No, the MCSE: Data Management and Analytics is not valid any longer. Microsoft retired the MCSE: Data Management and Analytics, all of the exams related to it, and all the other MCSA and MCSE certs on January 31, 2021. Microsoft retired the MCSE: Data Management and Analytics because they moved their entire certification program away from certs like it, which focused on deep knowledge of one particular piece of technology.
No certification replaced the MCSE: Data Management and Analytics directly. Certifications like the Microsoft Certified: Azure Data Scientist or Microsoft Certified: Azure Data Engineer Associate are close to being replacements for the MCSE: Data Management and Analytics. But Microsoft's certifications are now aimed at job roles and broad responsibilities, so they may be more difficult to earn for someone who prepared for the MCSE: Data Management and Analytics.
Yes, this MCSE: Data Management and Analytics training is still valuable. Just because Microsoft retired the certification and its exams doesn't mean the information in the training isn't still valuable. Microsoft retired the MCSE: Data Management and Analytics because as a certification it was too focused on Microsoft SQL Server. But for someone who needs to learn everything there is to know about Microsoft SQL Server, this training is definitely still valuable.