There are several high-paying jobs you can obtain with a data analyst degree after graduation. According to recent statistics, data analyst jobs are projected grow by nearly 20% through 2028. Now more than ever, companies are seeking professionals who can transform AI and IoT business models into actionable insights. For example, the information technology, healthcare, and finance industries are all actively hiring data experts to make strategic business decisions. As a job seeker, you need to know different career paths you can follow with your data analyst degree. This way, you can find a long-lasting job to succeed in this growing field. Read on to learn about what can you do with a data analyst degree after graduation.
Become A Data Scientist
First, you can use your data analyst degree to become a data scientist. Typically, data scientists are a step above analysts in that they understand data from a more informed perspective. Often, these professionals need to be proficient in machine learning. In addition, data scientist jobs often require programming, SQL, and statistical knowledge. Ideally, you should know programming languages like Python or R. Indeed, these are typically important for data visualization when you need to communicate your findings. In the United States, data scientists usually make an average salary over $85,000. Thus, consider becoming a data scientist with your data analyst degree.
Become A Front Office Quantitative Analyst
Next, you can use your data analyst degree to become a front office quantitative analyst. Typically, these professionals work for companies that sell and trade financial securities. They tend to focus on developing profitable investing models that run as efficiently as possible. Sometimes, they work with the raw numbers as well. Of course, you must also be intimately familiar with the trading process to take on this role. Some financial institutions also rely on quantitative analysts to manage risk. For example, you might conduct stress tests on a banks to determine their ability to withstand a financial crisis. Absolutely, consider becoming a front office quantitative analyst with your data analyst degree.
Become A Market Research Analyst
In addition, come companies look for employees with a data analyst degree as they hire market research analysts. In this role, you can study consumers’ buying habits to help businesses make strategic marketing decisions. Often, market research firms decipher which products consumers are most interested in, who will buy them, and for how much. As an analyst, you can help companies use pharmaceutical analytics and other metrics to understand their position in the marketplace. Then, offer advice to help them get ahead of their competitors. According to recent statistics, employment for market research analysts is projected to grow nearly 22% through 2026. In short, consider entering this fast-growing career path with your data analyst degree.
Become A Operations Research Analyst
Moreover, you can also use your data analyst degree to become an operations research analyst. In this role, you can perform math and statistical analysis to help different companies and organizations solve their problems. For example, you may use simulations or predictive modeling to develop practical solutions for team. In addition, operations research analysts often track and analyze key metrics. Then, they deliver reports to their team, explain their findings, and offer recommendations. With employment projected to increase 25% over the next ten years, this is a great job for data analyst degree holders.
Become A Business Intelligence Analyst
Furthermore, you can also become a business intelligence (BI) analyst with your data analyst degree or undergraduate business degree. Usually, BI analysts gather, clean, and analyze different sets of data for a business. For example, you may assess revenue, customer engagement metrics, or market information. Then, you might program tools and data models to help visualize and monitor data. Once you have the visualizations, you can look for patterns that signal a potential for improvement. Additionally, share findings in the form of charts, graphs, and reports to present in front of clients. Certainly, consider becoming a business intelligence analyst with your data analyst degree.
There are several high-paying jobs you can obtain with a data analyst degree after graduation. First, consider becoming a data scientist if you have an interest in machine learning and programming. Next, many people with a data analyst degree also become a front office quantitative analyst for financial institutions. In addition, market research analysts are also in high-demand as companies look to improve their tactics. Moreover, become an operations research analyst if you enjoy math and statistical analysis. Furthermore, you can also become a business analyst to help businesses improve their marketing and sales strategies. Consider these points to learn about what can you do with a data analyst degree after graduation.