Sarita Digumarti is the Chief Learning Officer at UNext Learning. She is responsible for academics, content and delivery for online degrees, certifications and enterprise (B2B) programmes at UNext. Prior to assuming her current role in UNext Learning, she was the COO and Co-founder of Jigsaw Academy. She also worked as a Group Manager for 5 years and as an AVP for 1 year in Genpact LLC and with GE Capital International Services as an Assistant Manager for 8 months in Bangalore. She holds an M.B.A. in Finance from T.A. Pai Management Institute and a Master in Arts, Quantitative Economics from Tufts University.
We all know that the lion is considered the King of the Jungle. This is because the lion is on top of its game. Imagine if you could be on top of the game in the Data jungle!
Data is everywhere and has slowly seeped into every facet of our lives and work in today’s world. According to Statista, global data generation is predicted to grow over 180 zettabytes by 2025. Companies cannot afford to miss anything crucial by not collecting and storing it. This is why Data Analytics is at the forefront of businesses across industries. It has become pivotal because it aids in improving business, decision making, and providing the most competitive advantage. And needless to say, there exist a plethora of opportunities for professionals who possess expertise in Data Analytics.
Why This Is The Right Time For A Career In Data Analytics?
Proficient Data Analytics professionals are in high demand as organizations seek ways to harness the power of Big Data. In the aftermath of the Great Shuffle and India’s employment crisis, the need for skilling and upskilling has reached skyrocketing heights, with an increasing number of recruiters looking for skilled professionals. According to the recent Monster.com report, in 2022, 96% of businesses plan to hire new employees with relevant skills to fill future Aig Data Analytics-related roles. It will most likely be the most sought-after position in 2022.
Having said that, Data Analytics is not only the most in-demand job in today’s market, it is also a profile that offers lucrative packages. According to PayScale.com’s survey, an early career Data Analyst with 0-4 years of experience earns INR 4 lakhs to 7 lakhs annually, while a mid-career Data Analyst with 5-7 years of experience can earn up to INR 8 lakhs to INR 10 lakhs annually. And this number goes on increasing with years of experience in the domain.
Sounds interesting? Let’s dive into the skills you’ll need to master and the diverse roles you can explore in the Data Analytics domain.
Skills Required For A Job In Data Analytics
Having a solid command over Programming Languages, such as Python or R, along with Database Querying Languages, like SQL for Data Analytics, will give you a competitive edge when showcasing the value you can bring to the table to potential employers.
It is critical to visualize and communicate data, especially in companies where Data Analytics professionals are considered the people who assist others in making data-driven decisions.
Business Detail-oriented Skills
In addition to handling complex data, Data Analytics professionals should also understand how their recommendations will affect a company’s bottom line and help enhance business processes and strategies.
The capability to articulate how insights can help them increase revenue for the business is a must for Data Analytics professionals.
Top Roles To Explore In The Data Analytics Space
As the job title suggests, Data Analysts precisely do the same – they analyze the company and industry data to identify opportunities. They can be found in any sector, though their job titles may vary. (Some jobs will have industry-specific titles, such as Healthcare Data Analyst)
While Data Scientists perform the same tasks as Data Analysts, like collecting and analyzing data and communicating actionable insights, they are often a technical step above them. They are responsible for understanding Data from a more informed standpoint and using it to make predictions.
Business Intelligence Analyst
The primary task of a Business Intelligence (BI) Analyst is to find patterns and value in the organization and industry data. They must be capable of analyzing data, working with SQL, and performing data visualization and modeling.
Apart from these three roles, you can also venture into other career opportunities in this domain like Data Engineer, Quantitative Analyst, Data Analytics Consultant, and more.
While the figures in this article represent the state of career growth in Data Analytics in India, there are opportunities for Data Analytics professionals worldwide. Whether your goal is to get a full-time job in a new industry, advance in your current career, or work for yourself in this booming field, pursuing a certification course will help you get there.