Big data is only getting bigger and bigger. This means that the surrounding industry is also experiencing enormous growth. The data sector is best understood as a subsection of every other sector, as the leveraging of data is now essential to all industries. This means that it’s an incredibly dynamic labour market, with lots of opportunities for people with the right skills. And not just dynamic opportunities, but lucrative ones.
The successful interpretation of data can make or break a company because it underpins how they position themselves in the market. As a result, firms are willing to pay big money to those employees with the ability to transform data into profit. If you’re interested in entering this growing field, check out these 5 exciting career options!
Logistics Analyst
If you’ve got a management mindset and like to be in the know on all fronts, then Logistics Analyst is the job for you. This highly skilled position requires that you know what’s going on at every stage of your product or service’s life-cycle. This includes coordinating supply chains, acquisition, transport, delivery, and everything in between. In order to be able to successfully manage all of these diverse elements, Logistics Analysts have to be skilled in high functioning Enterprise Resource Planning (ERP) software, such as SAP ERP.
Statistician
Statisticians require a head for numbers, and if you’ve got one, then this could be an incredibly rewarding career path to pursue. With this transferable skillset, you’ll be able to move across sectors and try your hand in a variety of different fields and work environments. Essential to this role, is a grounding in Data Science. This course will teach you everything you need to know about processing, structuring and modelling data, and will set you on the right path towards a successful career as a statistician.
Financial Analyst
A financial analyst is a role that comes with a lot of responsibility, as they are the ones tasked with shaping a company’s financial policy based on the available data. Based on their advice, a company will plan its investments, alter its budgets and plan for the future. The role requires expertise not just in data analysis, but in finance and accounting. While that may sound daunting, this fantastic primer course will cover all the topics you need to understand to successfully turn data into effective financial policy.
Biostatistician
The leaps and bounds medical science have made in recent years (including covid-19 vaccines!) haven’t come out of the blue. Underpinning each new breakthrough in medical science are hundreds of hours of work, and millions of crunched numbers. And we have biostatisticians to thank for all this hard work going on behind the scenes. They work closely with medical experts to understand the behaviours of diseases and the development of cures. Biostatisticians thus play a crucial role in progressing science and improving the world’s health. In order to carry out this vital work, they need to be versed in advanced analytics software such as Alteryx.
Credit Analyst
Lending money is a risky business, particularly in commercial settings where the sums in question can run to millions. Credit Analysts perform the vital task of making sure that the person their institution is loaning money to is creditworthy and will be able to pay the money back. The role comes with huge responsibility because one bad loan – if it’s big enough – can spell the end of a financial institution. To make sure that loans are only given to reliable borrowers, Credit Analysts need to be experts in Risk Management.
