How to Break into the Lucrative Field of Data Analysis

In a world that is becoming more data-oriented, companies are prioritizing data analysis to make best use of the outcomes. Successful businesses hire data analysts to look for trends and patterns to make decisions, avoid potential risk, and make best use of opportunities. Companies need to collect, house, access, measure, and analyze data; therefore, the need for qualified professionals to fulfill these roles is on the rise. Being a relatively new field, the demand heavily outweighs the supply, so opportunities for well-qualified professionals are available with bright growth prospects.

There are plenty of jobs related to data. From data collecting to final analysis, there are numerous roles to be filled. One of the best high-demand roles and one of the easiest to get into is  data analysis.

A Promising Job in a Promising Market

Data analysts are responsible for making use of the collected data. They are responsible for analyzing collected company data and making useful conclusions from them, providing a fact-based image to upper management. This is essential for making good, well-informed decisions by any company’s management. Data analysts have a wide array of skills, including analyzing data and using  programming languages to handle the huge amounts of data and making use of them. To prepare for this job, a specialized master’s degree is the best route.

Among the available options, Maryville’s Online Master of Science in Business Data Analytics really stands out. This program can be completed online, so working professionals can easily integrate studying into their schedules without having to leave their jobs. In addition to the flexibility, the program has many other perks and accreditations:

  • Accredited by ACBSP and Higher Learning Commission
  • Has an overall job placement of 97%
  • Listed as “Best College Values 2017” by Kiplinger’s
  • Made the Forbes list of “Top Colleges” for the past three years

Graduating students acquire many job-relevant skills. Learning outcome include:

  • Learning how to combine operational data with analytical tools
  • The ability to present complex information in an easy-to-understand way
  • Providing valuable, high-quality data analytics for the business team

In addition to preparing students to handle data, this degree prepares students to sit for the Microsoft SQL and AZURE certification exam; both are very valuable for data analysis professionals.

The prospects for the data analytics market are very promising. The industry has a compound annual growth rate of 11.7% through 2020, with worldwide revenue of $203 billion in 2020. The time to get into this promising industry could never be more suitable. The right degree with the right credentials can pave the way into this promising and lucrative field.