The power of data cannot be understated. Today, every organization sits on a wealth of information that must be analyzed and converted into better organizational practices. The process of collecting, cleaning, analyzing data, and interpreting results is called data analysis, and the experts in charge of these conversions are data analysts, who are just as critical to the success of the business. ‘a business they are wanted.
How else would business owners determine which products to develop, which markets to enter, which investments to make, and which consumers to target?
Data analysts are now found in various industries, such as business, finance, criminal justice, science, medicine, government, and more. The US Bureau of Labor Statistics confirms the boom, estimating that 11.5 million data science / analytics jobs will be created by 2026. Up to 364,000 job vacancies jobs were scheduled for 2020 alone.
Although the opportunities are seemingly endless, the right qualification will always be essential to be up to the task. IBM confirms that nearly 40% of opportunities in advanced data analysis require a master’s degree or higher. According to PayScale, data analytics graduates earn an average base salary of US $ 80,000 per year, a number that is sure to skyrocket with seniority. Despite attractive numbers, the fact remains: With an 8.6% job growth rate, there are more data-driven job opportunities today than graduates.
Kansas State University (K-State) College of Business Administration has a designated STEM Master of Science in Data Analysis designed to fill the skills gap – quickly, effectively and in an interdisciplinary manner. To ensure that the 30-hour program is as comprehensive as possible, the college has partnered with the departments of Computer Science, Economics, Geography, Industrial Manufacturing Systems Engineering, Mathematics and Statistics of K-State.
The result? A strong and collaborative program that equips learners with the skills and knowledge to land lucrative, secure and forward-looking careers. These professions generally consist of providing companies with scientific and systematic methods of effective decision-making.
These skills are encouraged by the following compulsory courses: Programming Techniques for Data Science and Analysis, Introduction to Econometrics, Big Data Analysis, Information Technology Strategy and Application, Business Analysis and Data Mining. , social media analysis and web crawling, as well as applied marketing analysis. .
The Master of Science in Data Analytics offers two streams: data science and applied analysis. Each comes with its own set of options. Both courses have been structured to offer maximum flexibility to complement academic training and meet professional goals.
The Data Science course offers elective courses in Artificial Intelligence, Machine Learning, Pattern Recognition, Information Retrieval, Text Mining, Quantitative Problem Solving Techniques, Data and Network Mathematics, Categorical Data Analysis, etc. The applied analysis stream provides access to a wide range of knowledge in accounting analysis, economic forecasting, financial modeling, geographic information systems, Internet GIS, geoprocessing and advanced marketing analysis, among others.
Both pathways lead learners to confidently bridge the gaps between data science, analytical skills, and business management. Experiential learning opportunities make this possible. Throughout their program, students also build lasting professional relationships through coursework projects and research opportunities throughout the state of Kansas.
The best part? They get a glimpse of their future by rubbing shoulders with some of the best in the business. The Graduate Advisory Board is a hallmark of Kansas State University that provides learners with endless opportunities to connect with executives from AT&T, Oracle, Textron Aviation, BNSF Railway, Steel & Pipe Supply Co ., CSCS, AIB, ETC Institute, Civic Plus and more. .
Engaging in the K-State community can be just as exciting. The College of Business Administration is home to an impressive array of academic advisors and career coaches ready to provide one-on-one support to learners eager to strategize for success, much like graduates before them once did. – 97% of those who succeeded in finding a job. Positions in more than 15 student organizations are also ready to be filled by those who wish to connect, show leadership or build their network.
If you want to accelerate a lucrative career in our data-driven world, learn more about the Master of Science in Data Analytics.