In Data Mining and Data Science there are two different schools of thought. One school of thought is based in the UK and one is based in Australia. Which school of thought you choose will depend on your location. In this article, look at how the two compare and help determine what exactly a Data Analyst is by 2021.
Demand for data analysts is increasing dramatically. In fact, demand for Data Analysts is skyrocketing globally. In recent months, we’ve seen an incredible rise in applications for Data Analyst jobs, particularly in Quantitative Platforms for Finance.
Job Description: Data analysts are now required in every aspect of finance. This includes credit crunching, operational forecasting and overall data analysis. Analyzing large amounts of data is required by Finance and accounting departments across the globe. Therefore, those with a Bachelor’s degree in Business or Management are likely going to have a high probability of finding a job as a data analyst within their field.
Training: A data analyst must have a thorough knowledge of statistics and computing in order to perform their job. Data analytics training can be obtained through online courses and/or a degree program. As with most graduate employment opportunities, the salary you receive will depend on several factors such as your specialization, experience, the type of employer and even your talent and intelligence.
Average Annual Data Analyst Salary in the United Kingdom: The United Kingdom has one of the highest numbers of positions requiring data analysts. There are positions for analyzing large quantities of data, including natural resources, health care and government. As a result, there is a high probability that a person with a Bachelor’s degree in Business, Economics or Health Care will earn a higher salary than someone with the same educational background who decides to become a data analyst. Although the salary may be higher, it is important to note that most entry level positions requiring a data analyst salary in the United Kingdom require at least a Master’s degree. The salary for data analysts in this type of position depends on many factors such as the size of the company, the number of employees and many other aspects.
Other Countries: International businesses also have a need for data analysts. Because of the huge amount of data available for analysis in these countries, there is a great need for professionals with a Bachelor’s degree in Business, Economics and Health Care. There are also many other countries where the average annual data analyst salaries vary depending on the industry they work in. In addition, the salary for this position may be affected by factors such as location and industry.
Jobs Listings: Data analysts can find jobs in both the private and public sectors. A person looking for a job may choose to go through recruitment agencies, on the Internet, through newspapers or even to regular job listings on networking sites. Data analysts in the private sector are usually recruited through major corporations, like Microsoft, Cisco, and others. Due to their specialized knowledge, these analysts are usually required to have more experience and are usually hired on a full-time basis.
LinkedIn and Other Social Networking Sites: Many professional agencies and companies recruit analysts for a variety of positions. The salaries and perks associated with the various jobs are not the only thing to consider when searching for these jobs. Before applying for a position with an analytics firm, you should also determine if the company has an official application process, if they are linked up with any major staffing databases, if the company maintains regular training programs, if they offer any perks for being connected with them and if they have access to the latest trends in the field they are working in. Data analysts can also find jobs in the public sector, which is slightly more competitive than the private sector but more financially rewarding in some ways.