Job description: Data analysts are responsible for collecting, organizing and analyzing data to help businesses make informed decisions. They may also be responsible for creating reports and visualizations to help summarize data.
Data analytics is needed in a variety of industries, including healthcare, finance, retail and manufacturing. The duties of a data analyst vary according to industry but may include creating reports, conducting research and developing recommendations based on data analysis.
Salary range: The annual salary range for data science professionals in May 2021 was between $59,430 to $167,040. The starting salary for entry-level data analytics positions is typically lower than the median annual salary, but with experience and qualifications, salaries can increase significantly.
Skills and qualifications: BLS does not provide education requirements for data scientists, but it does for the related fields of operations research analysts and computer and information research scientists. According to BLS, an operations research analyst typically needs at least a bachelor’s degree, although some employers may require a master’s degree. Computer and information research scientists typically require a master’s degree, such as a Master of Science in Data Science or a related field such as mathematics, statistics or computer science.
Data analysts typically need strong analytical and problem-solving skills. Candidates with experience in statistical analysis software, such as SAS and SPSS, as well as database software, such as SQL, may have an advantage in the job market.
Outlook: BLS does not track employment data for data analysts as a single category, as they can work in many different roles and industries. However, BLS projects strong demand for computer and information technology occupations overall.