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Career in Data Analytics

We are in a digital era .

With so much information being embedded in bits and code, the need to manage such a huge amount of data is becoming essential. Due to rapid advancement in technologies, terms like Big Data, Hadoop, Artificial Intelligence, Business Analytics, Data analytics are getting popular day by day.

In such a scenario, there has been a dearth of data science specialists in recent times. The demand for an expert in data analytics is rising momentarily. Almost every organization or company has a space for a professional related to data analytics. The market has a huge opportunity for those with a graduate degree in Data analytics and related fields. The industry is in an urgent requirement of professionals adept in data science and analytics. Not only this, due to such a high demand, the paycheck for professionals in this area of expertise is really high.

In fact, it won’t be a hyperbole to say that considering the current situation, it is the best time to pursue a career in data science or data analytics.

In order to provide you the facts and figures for a career in data analytics, read ahead.

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Job roles for data analytics

Career in Data Analytics Jobs

Data  Management Professional

A Data scientist has nothing to do with science and inventions. Their jobs are mainly focused on the stats and maths of a company. They solve complicated data models and understanding the trends for the benefit of a firm. Data analyzing and data mining of the extracted data are other tools of their trade.

Average salary: $120,931

 

Data Engineer

Data Analyst, also known as a Business analyst is there to go through the data and provide appropriate information to the company. With this data, the company can easily make beneficial decisions. They use different tools and techniques which help them understand complex data models.

Average salary: $65,470

 

Data Scientist

A Data scientist has nothing to do with science and inventions. Their jobs are mainly focused on the stats and maths of a company. They solve complicated data models and understanding the trends for the benefit of a firm. Data analyzing and data mining of the extracted data are other tools of their trade.

Average salary: $120,931

 

Machine Learning Expert

A machine learning expert is a professional who is adept in machine learning and digging data. He needs to be innovative and possess strong mathematical and critical thinking abilities. His job role includes designing and developing algorithms and performs advanced data analyses in order to novel solutions to complex data problems arising within the organization.

Average Salary : $104,437

 

Business Analyst

A Business  Analyst is a pure gold for the companies. Every company looks to hire BI Analysts as they can help maximizing the benefits of their data collection. Most companies rely on the expertise of analysts to make data-driven decisions and help the company bloom.

Average salary: $79,613

 

Data Analytics Specialist

Data Analysis is somewhere similar to the Data Analysts. The only difference is that they are specialized in managing the big data which a regular data analyst cannot do. They are well-versed to obtain a result from a bulk of large datasets.

Average salary: $65,470

Top Universities to pursue a Data Science and Data analytics

Career in Data Analytics Top Universities
  • Carnegie Mellon University 

  • Stanford University 

  • Georgia Institute of Technology 

  • University of Washington

  • Columbia University

  • New York University 

  • University of Minnesota, Twin Cities

  • North Western University 

  • North Carolina State University 

  • Cornell University 

  • University of Texas, Austin

  • University of Massachusetts, Amherst

  • University of California, San Diego

  • University of Pennsylvania 

  • University of Chicago 

Factors affecting your Career as a data scientist

University

Earning a degree is itself a milestone and a baby step towards your career but earning a degree from a top international university is like a brownie point during the advent of your career. The university you attend and graduate from plays a major role in your employment and subsequently your earnings from it. 

Geographical Location

The location you reside in and the cost of living while working is integral when determining your salary for a particular job role. Your salary varies vastly on your job location. Thus, be very wise in making a choice about it as turns out to be a major part of consideration while deeming your pay.

Work experience

Undoubtedly, the more work experience you have, the higher you are likely to get paid. Thus, never miss an opportunity to get experience in such a field, as it pays you both in your personal and professional growth.

Industry

The industry you step in is cardinal to your salary. Your job role and salary is vastly dependent on the industry you sign up with. Bigger industries have bigger job roles and responsibilities and thus higher pay.

Quick tip

Here is a chart representing how to hike your pay as a professional in data analytics-

Career in Data Analytics Quick Tip

Conclusion

Pursuing a career in data analytics is undoubtedly challenging, but it is worth it. As a professional in data analytics, you encounter complex problems at the workplace which drives you to deduce a systematic and algorithmic approach towards it, making you a solution-oriented individual. Professionals in this field do not only get a high paycheck but are also duly respected and looked up to. 

So, if you are an individual inclined towards pursuing a career in data analytics, then don’t wait anymore. It is the perfect time to grab on an opportunity to pursue a career in the same.

Good luck!

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