Career Options Involving Data Analysis
There is much need for data analysis in the current economy. Analysis informs companies about the popularity of their products and can help them make more money. Below are some great career options for people who like working with data analysis.
|Job Title||Median Salary (2016)*||Job Growth (2014-2024)*|
|Operations Research Analyst||$79,200||30%|
|Computer Systems Analyst||$87,220||21%|
|Market Research Analyst||$62,560||19%|
Source: *U.S. Bureau of Labor Statistics
Career Information Careers Involving Data Analysis
Operations Research Analyst
Operations research analysts assist the owners of companies in making their businesses run more efficiently. They gather data about how operations are running, from sales to customer feedback to employees. They then analyze and organize this data in order to furnish their companies with relevant information that helps to solve problems. Analysis is the main task of this career. Operations research analysts need at least a bachelor's degree for entry-level jobs, but employers look more favorably on a master's or Ph.D. in operations research or something similar.
Statisticians use their skills in the mathematical discipline of statistics to solve problems in the real world in industries like engineering and healthcare. They decide what type of data will be most useful to analyze, then interpret it and make determinations based on their analysis. They often use software on computers to organize data and assist in analysis. Statisticians need a master's in statistics, math, or a similar quantitative field.
Computer Systems Analyst
Computer systems analysts examine the computer systems in place at different organizations and come up with solutions that make these systems run more efficiently. They synthesize the two disciplines of math and information technology (IT) in this way. The core of this job is taking computer systems data and analyzing and interpreting it to solve problems. They need at least a bachelor's degree in a computer field.
Market Research Analyst
Market research analysts spend their time analyzing market data, determining the future success of product sales based on their studies. This data, analysis, and interpretation helps companies produce items that customers want, thereby making more sales and more profits. They need a bachelor's degree in math or analytics, and some positions may require a master's degree.
Financial analysts help companies predict the success or failure of their investments. They are able to take data from investments in the stock market, bonds, and other places, then analyze it and either make their clients money or save their clients money. Financial analysts need at least a bachelor's degree, but many employers prefer a master's in this field.
Sociologists study the behavior of societies in order to assist public leaders in making decisions that benefit society. Their main occupation is social research, then they collect the data their research yields and analyze it. Their conclusions are used in many areas of society, including health, education, and racial relations. Sociologists should have a master's or Ph.D. in this discipline.