Data is the new oil, a brimming gold mine, an untapped treasure trove, and a precious commodity, making itself indispensable to every organisation.
With data increasing every minute, the demand for data analysts is through the roof. The time is ripe for skilled data analysts to climb the career ladder with handsome pay packages. Remember that your choice of data analytics course and where you choose to do it significantly impacts your career trajectory.
Let’s analyse a little more about data analytics jobs before we unveil the highest-paying jobs in this IT field.
Data analytics is the science of analysing raw data to draw conclusions and identify meaningful patterns. By gaining insights from data, companies and organisations can gain a deeper understanding of their target market and industry.
The worldwide data analytics market is expected to grow from $23 billion in 2019 to a significant $133 billion by 2026, leading to intense competition for highly skilled professionals.
What is the reason for this surge in the demand for proficient data analysts? Generally, IT careers are fluid and flexible in nature. They are, therefore, subject to drastic fluctuations. However, that is not the case with data science. Career prospects in this field are steadily increasing, and the number of data analysts, in particular, is expected to grow by 25% by the year 2030.
Basically, the prime responsibility of data analysts is to collate and interpret data into actionable insights that help identify and address specific issues. They are also responsible for:
It comes as no surprise why data scientists are bagging job roles with rewarding salaries. If you want to launch your career in data science, now is the time.
By conducting some research, you can discover a lucrative career path that aligns with your interests and offers opportunities for advancement. Let’s now explore the list of highest paying data analyst jobs that you will want to pursue in your career.
Data architects build suitable data structures and create blueprints and designs for data management and storage systems. As more businesses gather and store their own data, data architecture is a highly sought-after role in data analytics.
To become a well-paid data architect, you need the following skillset:
An IT Systems Analyst evaluates an organisation’s technology infrastructure and business processes to recommend solutions for enhancing efficiency.
Key responsibilities include:
As far as skills are concerned, IT system analysts should have:
IT systems analysts also require the following educational qualifications:
Quantitative analysts earn one of the highest data analyst job salaries. They use mathematical and statistical methods, relying on objective measurements and numerical data to guide companies in making key decisions.
To master this job profile, you need:
Also Read:Â Understanding the Types of Data Analytics
Data scientists are responsible for collecting, cleansing, applying statistical and machine learning models, analysing outcomes, visualising results, and making recommendations to business leaders. They are also responsible for unearthing patterns and trends from the data.
This coveted job requires the following skills:
Data engineers are responsible for building and maintaining data infrastructure for insightful data extraction.
To bag this high-paying job, you need the following skills:
The role of a business intelligence analyst involves enhancing collaboration and communication between various departments within business management. Their job includes duties such as:
Basically, BI analysts require an MBA degree specialising in analytics. To excel in their job, they should have:
Data analysts are entrusted with a plethora of responsibilities, such as:
To become an entry-level data analyst, you will need a Bachelor’s degree in statistics, math, or science.
You will also need aptitude in:
The demand for skilled data talent is growing as organisations recognise the value of meaningful insights. They are increasing salaries to attract the best professionals. Aimore Technologies offers Data Analytics courses to provide practical skills for high-paying roles.
Join Aimore, the best software training institute in Chennai, with placement. Capitalise on this trend and enhance your skills to bag lucrative job offers.