So, what are data anaÂlyst jobs? AccordÂing to wisegeek.com, data anaÂlysts perÂform difÂferÂent tasks which are funÂdaÂmenÂtalÂly relatÂed to gathÂerÂing, orgaÂnizÂing, and underÂstandÂing staÂtisÂtiÂcal inforÂmaÂtion. The exact nature of the job difÂfers from proÂfesÂsion to proÂfesÂsion, although in any capacÂiÂty, the work would be lookÂing for ways to assign numerÂiÂcal valÂues to varÂiÂous busiÂness funcÂtions, and they are responÂsiÂble to deterÂmine effiÂcienÂcies, posÂiÂtive improveÂments, and probÂlem areas.
One of the most essenÂtial things that a data anaÂlyst does is to gathÂer, sort, then study the varÂiÂous sets of inforÂmaÂtion. This could look very difÂferÂent in any setÂting, howÂevÂer, this is typÂiÂcalÂly relatÂed to nail down a fixed valÂue to a funcÂtion or process so it could be assessed, then comÂpared over time.
AccordÂing to GeofÂfrey Moore, author of CrossÂing of the Chasm and Inside the TorÂnaÂdo, withÂout big data anaÂlytÂics, comÂpaÂnies would be deaf and blind, withÂout anaÂlytÂics, a comÂpaÂny is vulÂnerÂaÂble. On the othÂer hand, an anaÂlytÂic tool is not enough. ExtractÂing the valÂue from the anaÂlytÂics investÂment needs staff, a well-defined process, leadÂerÂship stratÂeÂgy, and a clear stratÂeÂgy for business.
AccordÂing to payscale.com, a data anaÂlyst can earn an averÂage salary for up to $53.371 every year. The skills which increase the pay for this job the most are SAS, Data Warehouse/ Data MinÂing, Microsoft SQL ServÂer, and Data Modeling.
AccordÂing to glassdoor.com, the averÂage salary of a data anaÂlyst in New York City is $62,228. And the five highÂest payÂing data anaÂlyst job in New York are:
- Vitech SysÂtems Group. (12 Vitech SysÂtems Group New York City Salaries).
- Ziff BrothÂers InvestÂments. (8 Ziff BrothÂers InvestÂments New York City Salaries).
- J.P. MorÂgan. (7 J.P. MorÂgan New York City Salaries (of 17)).
- Bloomberg L.P. (47 Bloomberg L.P. New York City Salaries of 1450)
- Gabriels TechÂnolÂoÂgy SoluÂtions. (17 Gabriels TechÂnolÂoÂgy SoluÂtions New York City Salaries)
In order for a perÂson to become a data anaÂlyst, he or she must have a minÂiÂmum eduÂcaÂtionÂal attainÂment of a bachelor’s degree, on the othÂer hand, there are a lot of comÂpaÂnies who preÂfer their appliÂcants to have an advance degree, this is due to the fact that data analyÂsis usuÂalÂly requires a creÂation of comÂplex algoÂrithms and anaÂlysts and should have an advanced skills in quanÂtiÂtaÂtive analyÂsis and mathÂeÂmatÂics. At the same time, data anaÂlysts might need a speÂcialÂized knowlÂedge which is conÂnectÂed to the indusÂtries where they are working.