I’m guessing you’re thinking about a business analytics degree, and wondering what jobs you can get with a business analytics degree. Well I’ll tell you.
Business analytics is a growing field, but it’s still pretty new—so you may be wondering what kinds of jobs you can get with a business analytics degree.
The truth is that the world of business analytics is really just getting started, and there are tons of new jobs being created every day. But that doesn’t mean there aren’t certain kinds of jobs that are more common than others. Here are some examples:
Data analyst: Data analysts use their knowledge of statistics and data collection to help businesses make better decisions by analyzing information and presenting it to decision-makers in an easy-to-understand way.
Data scientist: Data scientists are experts in machine learning and artificial intelligence who use their knowledge of computer science and statistics to analyze large amounts of data while uncovering meaningful patterns or connections within it.
Statistical programmer/analyst: Statistical programmers/analysts combine technical skills like coding with statistical knowledge to create mathematical models for predicting or simulating future events based on past experience (e.g., sales figures). They also work on developing algorithms for automating these processes so they can run faster than humans alone would be able to manage manually.”
What jobs can i get with business analytics degree
Introduction
The growing field of business analytics provides a wide range of career opportunities. The nature of the work and the skills required open up many different job types, settings, industries and responsibilities. The highest-paying business analytics jobs are in management consulting, but there are plenty more options to choose from. Business analytics professionals can focus on project management or specialize in specific areas such as finance or marketing. If you’re considering a degree in business analytics but aren’t quite sure what job you would pursue after graduation, check out our list of 10 top opportunities for business analytics majors.
1. Business analyst
As a business analyst, you’ll be responsible for providing information and analysis to help improve the organization’s efficiency. You’ll work with the company’s leaders to develop strategies that will help them reach their goals. These professionals are critical in helping companies make informed decisions about how they allocate resources and run their businesses.
A bachelor’s degree in business administration or computer science is sufficient if you want to become a business analyst. However, some companies may require candidates with master’s degrees from graduate programs such as management information systems (MIS) or information technology (IT). Business analysts should also possess strong communication skills, as well as proficiency in Microsoft Office applications including Word and Excel.
2. Management analyst
As a management analyst, you’ll use data and information to make decisions and improve business processes. You could find yourself improving efficiency, performance or outcomes at any kind of organization by analyzing data in a variety of ways. A management analyst might be responsible for researching, collecting and testing data; creating new methods for gathering information; evaluating the effectiveness of existing systems; providing recommendations based on findings; and reporting results to other members of an organization.
- Researching
- Collecting/collecting
- Testing/testing
3. Data scientist
Data scientists work with large amounts of data, including structured (such as databases) and unstructured types (such as text or video). They’re responsible for analyzing that data to make recommendations to business stakeholders. Data scientists also have responsibility for the quality and accuracy of their organization’s data.
Because data science is such a broad field, there are many different areas where you could specialize. The skills you develop in this role will be highly transferable across industries: it’s important to have a firm grasp on statistics and computer science concepts, but knowledge of specific tools like Hadoop isn’t required since they change so often.
An important part of being able to use big data effectively is knowing how machine learning works; this course will teach you how machines can learn independently from humans using algorithms that analyze past experiences with similar problems in order to come up with solutions on their own without any human involvement whatsoever!
4. Financial analyst
A financial analyst is responsible for analyzing financial data, making recommendations and providing advice to a company’s management team. Financial analysts use data to make decisions about the company’s financial future.
Financial analysts must have a bachelor’s degree in finance or business administration and must be certified by the CFA Institute. Their courses may include accounting, finance, statistics and economics
5. Marketing analyst
Marketing analysts are responsible for analyzing data to help companies develop marketing strategies. They need to be able to understand customers and the market, as well as use a variety of tools and data sources in order to do their job. They also need to be able to communicate their findings effectively, so they can work well with other people on teams.
If you like working with numbers but want more of an interpersonal element in your career, this could be a good fit for you!
6. Operations research analyst
- An operations research analyst is a professional who uses mathematical models and data to help companies make better decisions.
- Operations research analysts typically work for larger corporations or government agencies, as they require extensive experience and qualifications. In fact, the majority of these professionals have PhDs in operations research or statistics.
7. Analysis and Strategy Consultants
If you love analyzing data and using it to make strategic decisions, a business analytics degree can prepare you for jobs as an analysis and strategy consultant. These professionals use their expertise in analytical modeling and forecasting to help businesses make better decisions. They work with companies across many industries, including manufacturing, health care and finance.
The skills required for this position include:
- Statistics fluency (linear algebra, probability theory)
- Business acumen (market research)
- Advanced computer skills (sophisticated software tools)
8. Corporate Training and Development Manager
- Train and develop employees.
- Design and implement training and development programs.
- Develop employee performance appraisal systems.
- May be responsible for the development of employee career development plans, including assessing an employee’s strengths and weaknesses, identifying opportunities for self-development, creating a plan for improving skills, measuring progress toward goals and monitoring results over time.
9. Fraud Investigation and Compliance Analyst
A fraud investigation and compliance analyst is someone who works in the financial services industry and specializes in detecting, investigating, analyzing and preventing fraudulent activity.
These analysts often use their business analytics skills to analyze data from various systems. They must be able to find patterns that indicate possible fraud or misuse of funds by staff or customers. Fraud investigators also educate others on proper financial processes to prevent future incidents from occurring. In order to be successful in this role, you need excellent communication skills so that you can explain complex information simply and clearly to others. Problem-solving ability is also important since these professionals often have multiple tasks at once that require prioritization and critical thinking skills for resolution.
In addition these professionals must have excellent attention to detail as well as expert knowledge of relevant laws governing their industry such as anti-money laundering regulations (AML).
10. Data Engineer/Architect
If you’re interested in data engineering, consider pursuing a business analytics degree. As an undergraduate, you can begin to develop your skills by taking courses such as Computer Programming and Data Management, which teach you how to manage and manipulate data through software. To gain even more technical knowledge for your career aspirations, take classes like Database Management Systems and Relational Databases.
As an MBA student, it’s important to be aware of the hybrid nature of this job title: while many companies expect their data engineers/architects to have strong technical skills (for example, they might need them to write code), they also look for someone who has a strong business acumen as well. Courses like Organizational Behavior give students an understanding of how organizations work—an invaluable skill in any industry where issues arise between employees or managers and workers on a day-to-day basis.
Business analytics jobs are varied and interesting
Business analytics jobs are varied and interesting. There are many different types of business analytics jobs, including roles in marketing, finance, human resources and operations. Business analysts help companies make better decisions by analyzing data from multiple sources to discover patterns and trends that will improve performance.
A business analyst with a degree in business analytics can get a job in any industry—it’s not limited to companies that have their own BI teams or dedicated IT departments (although those companies do tend to hire more people who have this background). Business analysts are also hired by consulting firms who offer support services for companies without the resources to develop their own internal BI capabilities.
Business analytics is one of the fastest-growing fields in technology right now, so there’s never been a better time than now to start training yourself with an online degree program that prepares you for today’s high demand job market!
Conclusion
If you’re interested in working as a business analyst or in one of the other many jobs listed above, your next step should be to contact an admissions counselor at a business analytics school. Find out how you can get started on your path towards one of these careers and what kinds of professional opportunities might await you!
