“Data is what you need to do analytics. Information is what you need to do business,” says John Owen, a cybersecurity professional, while describing the meaning of data analytics. If we talk about the literal meaning of data analytics, we can say that it helps companies make better business decisions. Many experts in this realm consider turning data into vital information and information into an insight to run or grow a business.
At present, data has become an integral part of every business. Every multinational or start-up company requires massive amounts of data to gain a better insight into their customer’s interests or preferences. With the help of data analytics, a company can make well-informed decisions for their business or analyze customer trends and satisfaction. The insights obtained through data analytics help companies increase sales, reduce costs, and improve business performances.
So, it’s the right time to enroll in a data analyst course. There are five top reasons to study data analyst courses in 2021 and the coming years. Let’s talk about these reasons thoroughly.
- You will be in high demand
Today, analytics is everywhere as it is the most important thing to run a business successfully and gain an edge over competitors. From public to private sectors, the demand for data analysts is skyrocketing for better market research. According to the U.S. Bureau of Labor Statistics, the job outlook of data analysts is expected to grow by 20 percent between 2018 and 2028.
- You will gain transferable skills
Apart from essential top skills that include SQL, Microsoft Excel, Data Visualization, R or Python, and Machine Learning, you will acquire transferable skills, including leadership, teamwork, presentation skills, critical thinking, problem-solving, analytical thinking, and strong communication skills relationship building, and time management.
- You will receive high-end salary packages
Interestingly, Data Analysts are among the top paid professionals in the industry worldwide. According to PayScale, the average salary of Data Analysts in Canada is around CAD 57,615 per annum. The range of salary rises with the years of experience in the field.
- You will have access to job opportunities in a spectrum of industries
As every industry today relies on data to make an informed decision for their businesses, you can find a job in various fields, such as business intelligence, marketing, sales, data assurance, finance, operations, and higher education.
- You will influence the decision making in the organization
Most of the employees in any organization are not satisfied with their job as they cannot give their inputs or make decisions. However, that is not the case for Data Analysts as they are a crucial part of the decision-making team. As you will have a deep understanding of customer trends, your opinion will influence decisions and future strategies of the business.
Now that you have learned the benefits of studying a data analyst course, consider taking it up in Canada’s Toronto. Toronto has some top private colleges that offer accredited one-year diploma programs in data analytics. Hurry up!