If you’ve always been a “numbers” person, a puzzle whiz, or a mathlete à la Cady Heron, you’re in luck. There’s never been a better time to jump into a career in data and analytics. According to the Bureau of Labor Statistics (BLS), the second-fastest growing job for the next 10 years will be data scientist. And according to the World Economic Forum’s The Future of Jobs Report 2020, the top three jobs with increasing demand across industries in the United States—data analysts and scientists, AI and machine learning specialists, and big data specialists—all fall under the data and analytics umbrella.
“This is a rapidly growing field,” says Mark Herschberg, a CTO with experience running data analytics and data science teams, an instructor at MIT, and the author of The Career Toolkit: Essential Skills For Success No One Taught You. “As companies move online, we are awash in data. The growth of [internet-of-things] devices and digital interfaces to everything generates massive volumes of data which companies want to analyze and understand for optimization and advantage.”
In other words, when it comes to careers in data right now, the limit does not exist.
Data chops can also help you get your foot in the door in different departments at a variety of companies and industries (according to LinkedIn, analytical skills and data analysis are two of the most in-demand skills for 2023 ). “For example, marketing in the 20th century was dominated by Don Draper and his sales pitch; today it's dominated by quants with spreadsheets,” Herschberg says.
Clearly, data and analytics is a hot field that’s worth checking out. But what, exactly, are the roles you may want to consider? Here are eight possibilities (along with salary information from the compensation resource Payscale, whose database is updated nightly):