Pursuing a Career in Data

Pursuing career in data

Over the years skilled data analysts have become one of the most sought-after professionals in the world. The reasoning? Supply and Demand. With the mass increase in companies relying on data as a business tool, the need for analysts has boomed. As a result, trends are in favor of those pursuing a career in data.

The pool of educated and experienced data analysts is limited.

On the supply side of the equation, there has been a consistent lack of skilled and experienced professionals to fill the increasing demand. Due to this shortage, even at the entry-level, data analysts can command huge salaries and excellent perks.

What do Data Analysts do?

Right now, some of the top jobs in data analysis involve helping employers make investment decisions, target customers, assess risks or help decide on capital allocations.

As data analysts, you probe through mountains of data to spot trends, make forecasts, and extract information. This, in turn, helps employers make better-informed business decisions. 

The career path a data analyst can take depends, in large part, on what industry holds there interest. As a result, they could work at big investment banks, hedge funds, and private equity firms. They could also work in health care, marketing, retail, and/or insurance.

In general, data analysts are everywhere.

As a matter of fact, financial institutions such as investment banks are a great entry-level career direction. Doors to management can be opened when highly-skilled data analysts excel in this area.

After all, who better to shepherd new hires into the company than you?

Tech companies are big business.

Big tech companies such as Facebook and Google analyze big data to a dizzying degree. To do so, they employ many of the top data analysts for a variety of purposes including advertising and internal and user analysis.

Moreover, it’s widely known that technology changes rapidly.

Due to this, the structural dynamics of tech companies are constantly evolving. New departments are created that incorporate new challenges and pursue new market opportunities.

Data analysts who excel in their existing tech roles are oftentimes the first chosen as leaders of these newly created departments. 

Data Analyst – Education

For those interested in pursuing a career in data, the majority of colleges in the US offer data analytics or data science as both a major or minor. Beyond the bachelor’s degree, there’s also a vast number of data science master’s programs.

That being said, if you’re interested in building your skills in a more flexible or shorter timeframe there are also multiple certification programs and courses available from a variety of educational institutions.

Graduating from a data analysis program with a strong grade point average should lead to an entry-level data analysis position without much trouble.

Alternatively, even a less-focused degree in mathematics, statistics or economics is enough to get your foot in the door.

Data Analyst – Annual Compensation

Some of the top jobs in data analysis can reach as high $100,000 annually during the first year out of college. Experienced professionals are making double that or more.

With that in mind, education is often the most important thing on your resume when applying for a data analyst job. Few people get hired without strong academic performances in math-related fields of study.

Data Analyst Career Paths

Overall, data analysts are good at working with numbers and details. Additionally, they are confident and organized in managing multiple tasks, data programs, and data flows.

You’ll also have strong presentation skills. Typically, with this role, you are required to present your analysis visually and/or orally on a regular basis.

A solid rule, pick an industry that sparks interest. Then pursue the education that backs you up. As mentioned, data analysts are in great demand. Choose wisely and have fun pursuing a career in data.

14 Potential Career Directions:

  • Business analyst
  • Management reporting
  • Corporate strategy analyst
  • Compensation and benefits analyst
  • Budget analyst
  • Insurance underwriting analyst
  • Actuary
  • Sales analytic
  • Web analytics
  • Fraud analytics
  • Credit analytics
  • Business product analyst
  • Social media data analyst
  • Machine learning analyst

For resume guidance, our team at PWU offers Resume updates, Cover Letters, LinkedIn Profile Optimization, Interview Coaching, and Recruitment Services. 

Connect with us here for a free 15-minute consultation. https://calendly.com/powerwritersusa-ca

Good Timing for Big Momentum in your Sales Career

We’ve recently seen a surge in resume requests for professionals seeking sales promotion and career momentum which got us thinking about the specific requirements recruiters and executives are seeking. As resume writers, it’s always interesting to connect skills on paper to what really motivates personnel to seek higher positions.

So what’s going on out there that sparked this current career momentum?

There’s potential we’re seeing the increase as a result of more companies making the connection between the marketing and sales departments which in turn is driving in-house competitiveness in both departments.

Are you familiar with the term smarketing?

The concept was first introduced by the masterminds at Hubspot in 2008 and is only now becoming more widely implemented. The idea is to create a hybrid role evolving from the amplified skills of both marketing and sales professionals.

Smarketing Goal: Create a common integrated approach to streamline strategy, communication, and realtime workflow efforts.

Read more on specifics of Smarketing here: https://www.superoffice.com/blog/
sales-marketing-

So, how do you ready yourself to make a move?

Step 1: Hire a really really REALLY
amazing resume writer (like us!) who spends all day immersed in multi-industry verbiage and stays updated on current ATS requirements.

More often, at the higher career levels, unless you’re changing structures within your current company, you’re going to need a powerful resume to make it past modern-day applicant tracking systems or ATS’s.

What the heck is ATS? In short, ATS is a software that manages the recruiting and hiring process. Learn the details here. If you’re in the game at higher career levels, these tracking systems must be your ally.

Not feeling the need to hire resume professionals? No problemo. You’ve always got the option to go-it solo. Check out these helpful career tips offered by the good folks at Top Resume

Speaking from our perspective, the #1 client feedback received on why our clients looked to hire a professional resume writer is that they are not gaining traction on recent application processes.

“I have a diverse background but am having difficulties explaining my skills on paper.”

“The current resume, I wrote, and have sent over 50 applications but i’m not getting interviews”

“I believe the resume is the issue.”

“How do I frame my diverse experiences and accomplishments to capture the interest of hiring managers?”

Step 2: Evaluate your current skills.

Quote: There's a good chance you already have the skills to gain sales career momentum.

Now, we could list a million key skills required to succeed in sales,
but none of it would be anything new-to-you. If you’re currently succeeding in sales,
you already have what it takes to keep building out your path.

Advancing in sales is more than doing a good job and waiting in line for the next opportunity. It’s about understanding where your company is growing and
identifying how to serve the needs of the business before those needs become
problems or major initiatives.

That’s how you become a person people are excited to work with AND walk the path to exponential career growth.

Fun fact tho: Sometimes to get the growth, you may find yourself in a financially less-fulfilling role, on-route to your target position. This type of growth won’t always feel like progress. Yes, it’s sticky and uncomfortable. And you may make a few perceived steps backward to gain traction on a major step forward.

Planning momentum in sales career with notebook and mac computer.

In summary, we learned that when it comes to sales promotions, the world is your oyster – there are countless career paths to choose from in sales. It’s just a matter of discovering what you enjoy doing most and where you want to end up.