So, what are data analyst jobs? According to wisegeek.com, data analysts perform different tasks which are fundamentally related to gathering, organizing, and understanding statistical information. The exact nature of the job differs from profession to profession, although in any capacity, the work would be looking for ways to assign numerical values to various business functions, and they are responsible to determine efficiencies, positive improvements, and problem areas.
One of the most essential things that a data analyst does is to gather, sort, then study the various sets of information. This could look very different in any setting, however, this is typically related to nail down a fixed value to a function or process so it could be assessed, then compared over time.
According to Geoffrey Moore, author of Crossing of the Chasm and Inside the Tornado, without big data analytics, companies would be deaf and blind, without analytics, a company is vulnerable. On the other hand, an analytic tool is not enough. Extracting the value from the analytics investment needs staff, a well-defined process, leadership strategy, and a clear strategy for business.
According to payscale.com, a data analyst can earn an average salary for up to $53.371 every year. The skills which increase the pay for this job the most are SAS, Data Warehouse/ Data Mining, Microsoft SQL Server, and Data Modeling.
According to glassdoor.com, the average salary of a data analyst in New York City is $62,228. And the five highest paying data analyst job in New York are:
- Vitech Systems Group. (12 Vitech Systems Group New York City Salaries).
- Ziff Brothers Investments. (8 Ziff Brothers Investments New York City Salaries).
- J.P. Morgan. (7 J.P. Morgan New York City Salaries (of 17)).
- Bloomberg L.P. (47 Bloomberg L.P. New York City Salaries of 1450)
- Gabriels Technology Solutions. (17 Gabriels Technology Solutions New York City Salaries)
In order for a person to become a data analyst, he or she must have a minimum educational attainment of a bachelor’s degree, on the other hand, there are a lot of companies who prefer their applicants to have an advance degree, this is due to the fact that data analysis usually requires a creation of complex algorithms and analysts and should have an advanced skills in quantitative analysis and mathematics. At the same time, data analysts might need a specialized knowledge which is connected to the industries where they are working.