Earn $95,000 as a data analyst

What is a business data analyst?

Business data analysts are designed to identify opportunities to grow, optimize, and improve the organization’s business processes. They are usually responsible for specific business areas, such as supply chain management, customer service, or global trade practices. Business data analysts tend to be committed to solving problems similar to the problems that business analysts may aim to solve, and they use similar skills in their methods. There are two main differences between business data analysts and business analysts: Business data analysts will use database tools such as Excel and SQL, as well as programming languages such as R and Python to collect and analyze new data. Business data analysts use data analysis processes to understand, explain, and predict business models, and then use these data-driven insights to enhance their business practices.

In essence, a business data analyst is a data analyst who specializes in advancing key business goals.

Data analyst degree: What should I major in?

Not all universities offer a bachelor’s degree in data analysis. So, if you want to pursue a career as a data analyst, what should you major in? Even if your university does not have this particular degree, it may offer other majors with

overlapping skills.

*How to become a data analyst: A step-by-step guide

Data analysts must have extensive and rich skills. From domain expertise to various tools, here is everything you need to become a data analyst.

  1. You must have a degree in any related field and should have domain knowledge in your field. If you come from a different background but want to become a data analyst, then this is possible if you have the required skill

2 You should have practical experience in programming languages such as python, R, and JavaScript. Writing programs will help you solve complex problems

  1. You should have experience using databases and data analysis tools. You should be proficient in writing SQL queries and processes, understand Microsoft Excel, Matlab, and IBM SPSS to analyze trends and plan to drive accurate insights.

 

4.You must understand concepts such as probability distribution, hypothesis testing, regression analysis, and various classification and clustering techniques.

  1. Data analysts must be able to use multiple data visualization tools to create different business reports. You should know how to use tools such as Tableau, QlikView, and Power BI. In addition, you must also have good communication and expression skills. This will help you communicate your ideas to stakeholders and customers. Once you have the above skills, you are very suitable to become a data analyst. *Data analyst salary

How to become a data analyst is the real question, but there is a motivation that will definitely drive you forward to become one-and this is your potential! According to Glassdoor, data analysts in the United States can earn a minimum salary of $43k to a maximum of 995k per year.

 

The following are some degree options that usually teach common data analysis skills. If you are looking for a career as a data analyst, these majors may be a good choice.

  • Data science: In response to the growing demand for data professionals, more and more schools are offering bachelor’s degrees in data science. In this degree program, you usually take courses in computer science, statistics, and mathematics. Some courses allow you to specialize in fields such as economics, finance, business, or healthcare.

*Computer science: Many computer science courses emphasize statistical and analytical skills, making them ideal for aspiring data analysts. This degree is also widely available. Depending on the program, you may learn artificial intelligence concepts, algorithm design, and programming languages, which you can use in your future career. *Applied mathematics or statistics: Traditional mathematics degrees usually prepare learners for a career in academia. Degrees in applied mathematics and statistics shift the focus to real-world applications, such as helping companies make data-driven decisions. The course may include other important skills, such as programming languages or statistical software packages. *Finance/Economics: If you think you may be interested in working as a financial or business analyst, please consider obtaining a degree in finance or economics. Many of these degree programs include statistics and analysis courses, and some courses focus on business analysis.

*Psychology: It may not be obvious at first glance, but psychologists have always used data to describe, explain, and even predict human behavior. The Bachelor of Science in Psychology may expose you to mathematics and statistical analysis courses. *Management Information System (MIS): Through this degree, you can understand the behind-the-scenes situation of the database and how it works. As a data analyst, this can be useful. MIS courses usually cover topics such as database design, data management, and business theory. Through some programs, you can focus on data analysis, business intelligence, or data management. No matter what degree you choose, be sure to take courses in statistics, calculus and linear algebra, as well as some computer science courses covering databases and statistical software. If you already have an industry idea, it can help to take some industry-specific courses (finance, healthcare, or business, for example).

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