Careers in Data Analytics: What to Know About Becoming a Data Analyst

Take charge of your future and enroll in the Master of Data Analytics program offered by NMSU Global Campus.

Do you consider yourself a tech enthusiast or a person who loves to analyze numbers? In today’s tech-driven world, data analysis isn’t just a fancy buzzword — it’s the key to unlocking critical information that helps companies and firms remain agile in today’s competitive landscape. From the healthcare market to financial sectors, companies are drowning in information and need skilled professionals to collect, analyze and interpret crucial data.

If data is gold in nearly every market, then those who know how to mine it are in high demand. The U.S. Bureau of Labor Statistics predicts data scientist and analyst jobs will grow 35% by 2032, way faster than most other careers.

Why? Because companies are realizing data isn’t just numbers on a screen — it’s the secret sauce to making intelligent decisions and staying ahead of the curve.

Earning a Master of Data Analytics opens a world of possibilities for career choices. In this article, you can learn how a data analytics degree is not just limited to working with numbers but also about finding meaningful insights, interpreting hidden patterns, and using these insights to solve real-world problems.

New Mexico State University (NMSU) Global Campus developed a master’s in data analytics program attuned to industry trends, offering courses that provide students with the needed skill sets to succeed. Read on to learn more.

What Can You Do With a Master of Data Analytics?

Everything from marketing to education, finance, and beyond uses data in some way. Data analytics roles are diverse and highly dependent on a company’s needs, projected goals, and future vision. As a growing field, the intent behind data analytics is to help businesses make better decisions and improve operations. By using analytical skills to examine data, these professionals can help identify solutions to major business problems. 

Benefits of a Master’s in Data Analytics

A master’s in data analytics equips you with advanced skills and knowledge in data analysis, extracting meaningful insights, guiding informed decisions, and tackling the trickiest of challenges. Data analytics is a fast-growing and highly sought-after field that you will be well positioned to secure employment in after graduation.

Processes and teachings within a data analytics program can incorporate: gathering, processing, and analyzing data from all corners of the internet. You may apply statistical techniques and machine learning algorithms to provide actionable insights for strategic business moves.

The best part? The skills you’ll hone in data analytics can open doors to a lucrative career.

Jobs That Require Data Analysis Skills

Explore a degree in Data Analytics, which equips graduates with the skills needed to unlock a treasure trove of exciting and well-paying data analysis careers. Want to know what types of jobs you can apply for after graduation? Here’s a list of jobs that require data analysis skills:

Data Analyst

In this role, you’ll sift through data, solve its mysteries, and present insights to guide intelligent decisions. Earnings are around $50k-$80k annually, with room to grow as you gain experience and industry know-how. Businesses constantly ask, “What does the data say?” and you hold the answer. 

Coding languages like Python and R, statistical wizardry, and data visualization tools like Tableau become your best friends.

Business Intelligence Analyst

This role is all about turning raw data into gold for businesses. You gather, analyze, and present info to help them make winning moves. Expect salaries between $60k-$90k and demand across all industries. Your secret weapons are data modeling, SQL skills, and a deep understanding of how businesses tick. You’ll help them turn data into profits and watch them soar.

Data Scientist

These data wizards use advanced analytics and machine learning to uncover hidden patterns in data. Finance, healthcare, tech — everyone wants them! Salaries range from $80k-$120k, and the future is bright thanks to the ever-growing reliance on data-driven decisions. Mastering machine learning algorithms, statistical modeling, and Python and R is vital.  

Financial Analyst

Numbers talk, and you understand their language. You analyze financial data to guide intelligent investment decisions and strategic planning. Businesses need you to manage their money wisely, and that’s worth $60k-$100k annually. Analytical prowess, financial modeling skills, Excel mastery, and an eye on economic trends make you the financial guru.

Healthcare Data Analyst

Here, data helps improve patients’ lives and streamline operations. Expect a salary range of $70k-$100k for your expertise in navigating the complex healthcare world. Analyzing data, crunching numbers, and understanding healthcare standards are your tools to optimize patient care, resource allocation, and overall healthcare management. You’ll be making a real difference!

What Does a Data Analyst Do?

Have you ever wondered about the day-to-day life of a data analyst? Let’s break it down:

• Collect data from various sources, such as databases, surveys, and social media
• Clean and prepare data for analysis, which may involve removing errors, duplicates, and outliers
• Analyze data using statistical methods and data visualization tools
• Identify trends and patterns in data
• Communicate findings to stakeholders clearly and concisely
• Use insights to develop recommendations for business decisions

Sound like your jam? If you’re an undergrad, a career-changer, or someone looking to advance in your field, our program could be just the ticket. We’ve got all the details about prerequisites, time commitments, and more.

NMSU Global Campus: Master of Data Analytics

Ready to discover a world of career possibilities with a Master of Data Analytics? NMSU Global Campus has your back with our 100% online Master of Data Analytics. This program offers the latest knowledge and techniques that’ll hone your data skills to professional levels.

Whether you’re a recent graduate, considering a career switch, or simply aiming to enhance your expertise, this degree is designed to fit your life and your budget.

FAQ: Learn More About Data Analytics Degree Requirements

Navigating the path to a Master of Data Analytics involves understanding the prerequisites and time commitment required for success. Data analytics degree requirements typically include a relevant bachelor’s degree and proficiency in mathematics, statistics, and programming languages.

Let’s address the most common questions.

How Long Does It Take to Complete a Data Analytics Degree?

It depends on a few things — how fast you want to sprint through it, whether you’re going full-time or part-time, and the program structure. To earn your master’s in data analytics, online programs typically range from 1.5 to 2 years. 

What Prerequisites Are Required for a Data Analytics Degree?

First things first, you’ll need a relevant bachelor’s degree under your belt. If you’ve got a solid grasp of math and statistics, that’s a big plus. And while it’s handy to know your way around programming, it’s okay if you’re still getting the hang of it.

Find Degree Requirements and Apply for Our Data Analytics Master’s Degree Here