TheBigChoice uses cookies to enhance your experience. By continuing you are agreeing to our use of cookies. Learn more >>
X

Careers Advice: How To Become a Data Analyst

data anlyst.jpg

What is a Data Analyst?

Data Analysts are profoundly inquisitive and curious people who earn a living by applying their mathematical and analytical abilities to complex reports, trends and patterns. Luckily for you, data analyst jobs are plentiful as these skills are highly sought-after by businesses across all sectors.

What does a Data Analyst do?

Data analyst roles can be found in businesses across industries such as finance, manufacturing, government, pharmaceutical and more. They’re hired to dissect and report upon complex data to help companies make more strategic and intelligent decisions.

Responsibilities could include exploring how a new product should be priced or solving problems where the company is losing business or money. It might also be identifying customer trends to identify new opportunities.

Working hours

Normally, data analysts are based within an office - although this job can be carried out remotely after you’ve built up trust with your employer - so the hours are around 9 am - 5 pm.

Salary ranges & earning potential

  • An entry-level or a graduate data analyst typically earns between £24,000 to £25,000 per annum

  • Normally, a data analyst graduate scheme will offer a slightly higher salary at around £30,000 per annum on average

  • Once you’ve gained a few years of experience, you could earn a salary of £30,000 to £35,000 per annum

  • Senior data analyst jobs are paid anything from £60,000 or higher

Bear in mind that your salary will be relative to the cost of living in the location where the job is based. For example, data analyst graduate jobs in London tend to pay the highest because it’s more expensive to live there.

Education requirements

More often than not, employers request applicants to have a first class degree in subjects such as business information systems, economics, mathematics or computer science. However, it’s still possible to secure a job without first-class honours or one of these related degrees.

Some graduates study data science postgraduate degrees. This will help you gain a greater understanding of the industry and increase your analytical ability. However, having a data analytics postgraduate degree isn’t a necessity.

Most importantly, you’ll need to be able to demonstrate the relevant skills required by employers for this particular profession.