10 Benefits of Starting Your Career As A Data Analyst
Is a career in data analysis a good choice? Yes. Data analysis is a good career choice.
Every day the amount of data that is created, copied, captured, and consumed keeps increasing rapidly. That is why the need for people to process data will also keep increasing.
The work of a data analyst is to process raw data into meaningful information that managers can use to make important business decisions. As a result, there are astounding career growth opportunities in data analytics in various industries such as manufacturing, marketing, travel, energy and even government and defense.
This includes transforming data through inspecting, cleaning, and modeling raw data into useful information. If you are thinking of choosing a career in data analysis you are likely to see many data jobs now and in the future.
How to Find a Data Analyst Job
Registering with job boards and recruitment companies like onlydatajobs will help you position yourself for data analysis job opportunities. You will regularly receive the latest data jobs in your inbox. Other information that you will receive include Business intelligence & analytics and insights in the UK.
Receiving notifications about open positions as soon as they are available helps you apply early and make a good impression on HR.
Positions like data analysis have many benefits, and that is why job seekers are looking out for such opportunities. Here are the benefits of starting your career as a data analyst.
1. Data Analysts Are In High Demand
Skilled experts in data analysis are some of the most sought-after professionals in the world. This is because of the high demand for data analysis and the limited supply of experts in this field.
Any organization that uses data needs a data analyst. This means data collection is growing in sophistication, and many organizations are collecting and using data. It’s inevitable that companies will need experts to process their raw data and produce meaningful information that can help move their agenda forward.
2. High Salary Perks
The high demand for data analysts makes data analysis a well-paying career. A data analyst position commands a high salary and competitive perks from entry-level to senior-level positions.
Junior and senior data analysts get competitive salaries that range from $57,000 to $74,000 in a year. This range includes bonuses, overtime, and tips. The attractive financial compensation in salaries and perks makes data analysis a good career to consider. Compared to other jobs, a junior-level position in data analysis earns higher than professionals in different fields.
3. Contribute to Decision Making Process
The type of job data analysts does make them part of companies or organizations’ decision-makers. Data analysts interpret data and show trends and statistics that will determine the direction of a company.
They process huge amounts of data to produce meaningful information that businesses use to make investment decisions. Business leaders also use this information to target customers, assess risks and allocate capital.
This makes data analysts a key part of the decision-making process. They collaborate with other managers in higher positions and contribute to determining the future of the business.
4. Opportunity for Promotions
Opportunities for growth in the data analysis field are many. You can start as a junior data analyst and progress to a senior analyst or analytics manager. Developing your technical and leadership skills and experience can make it possible to move to higher positions and scale your career.
5. Opportunity to Travel
Data collection and analysis may require you to travel to different locations. In some situations, you may be required to travel internationally and work remotely.
Traveling exposes you to new environments and new ways of doing your job. Learning from other professionals makes you more efficient and valuable to your company. It also looks good on your profile and makes you more marketable.
6. Job Security
There is a high demand for data analysts as data creation and collection increase. A report according to IBM predicts that jobs for data analysts will continue to surge. The report forecast 364,000 to 2.72 million jobs in data analysis.
These include analysis jobs like business intelligence analyst, Data analyst consultant, marketing analyst. Others are Operations analysts, data scientists, data engineers, and qualitative analysts. This creates a sense of job security with the many available options.
7. Many Job Opportunities
Opportunities for skilled data analysts are many across different industries. Companies have adopted big data, and they need professionals to work in this field.
Job seekers can look for work in telecommunication, technology, advertising, insurance. Other sectors include health, finance, and research and development. The opportunities are plenty for those who want to pursue a career in data analysis.
8. Application of Data Analytics
Most industries will soon transform as they continue to apply data analytics. Industries will continue to apply machine learning and big data in their operations.
For example, there will be changes in how businesses operate their departments. Marketing will be more data-activated. More industries will continue to use data analytics for manufacturing.
This means studying data analysis and pursuing a career in data analytics makes you relevant and ready for the expected transformation in these industries.
9. Personal Satisfaction
Transforming raw data into meaningful information that can move an organization forward comes with a sense of accomplishment. It makes you one of the key decision-makers in an organization that brings personal and professional fulfillment.
10. Respect from Colleagues
Data analyst is an important position in any company that heavily depends on data. Most of the decisions that managers make in such companies are data-driven which means the company relies on the expertise of data analysts.
This makes data analysis a respectable position in a company. Data analysts get respect from their colleagues, who understand the importance of the role.
Jobs in data analysis will continue to increase, and HR in different industries will keep recruiting more experts in this field. Many companies use data, and they need data analysts to help them make critical business decisions.
This makes data analysis an excellent career to pursue. The future of data analysis looks bright as many industries continue to embrace machine learning and big data. The number of data analyst jobs will continue to increase.