Recent studies have reported that the data analytics field has not only expanded but will keep growing rapidly in the next decade. With more of a need for data analytics and increased interest in this area, comes a high demand for data analytics employees. And with high demand comes a higher salary. Many positions in this field are applicable to existing businesses or freelance work.
Here are the most well-paying jobs that are currently in the data analytics field:
Database Developer
This role is essential for organizing specific data sets. These employees can create systems for a company’s databases. This job often pays an annual average salary of over $94,000.
Business Analyst
This job has the main goal of creating revenue for a business by analyzing data and using better strategies for increasing profitability. The average salary can exceed $82,000.
Software Engineer
These engineers are responsible for creating tools and programs for businesses to use to maintain, organize, and analyze data. Software Engineers often make more than $96,000 annually.
Financial Analyst
These analysts will work to identify market and economic trends and company investment opportunities to increase revenue. This includes extensive research on the economy and various financial institutions. The salary for this position is over $72,000 per year.
Data Engineer
This role is essential to keep a business running. Data Engineers work to create programs and systems where companies can manage their overall data. This can help manage time for other employees to work more efficiently and to organize data more effectively. The average annual salary for this title is often over $117,000.
Are you interested in learning more about this field and starting a career?
If you are considering becoming a part of this growing field, increasing your income, or looking for a new career, check out the Focus EduSolutions Data Analytics online boot camp program now.
References
(2022, December 9). 11 High-Paying Data Analytics Jobs (With Salary Information). Indeed. Retrieved September 5, 2023, from https://www.indeed.com/career-advice/finding-a-job/high-paying-data-analytics-jobs
(2023, May 1). Data Scientists. U.S. Bureau of Labor Statistics. Retrieved September 5, 2023, from https://www.bls.gov/ooh/math/data-scientists.htm
