Data Analytics is focused on the effective use of data in business and is one of the most in-demand careers right now. Companies and organizations increasingly seek professionals with technical knowledge to find new and unexpected relationships in large data sets.
Using techniques rooted in Artificial Intelligence, these professionals are able to provide recommendations for decision-making and exploring opportunities. The U.S. Bureau of Labor Statistics projects that data science jobs will grow by 28% annually through 2026.
Before the advent of “big data,” analysts would solve problems such as determining what to charge for car insurance by looking at claims and calculating the average. But all drivers are not equal. By delving into vast amounts of data and looking for new correlations between various factors (e.g., credit card habits and driving records), data analysts can help companies accurately project cost, risk, and other factors—and craft sound business strategies.
With a major in Data Analytics, you could build a career in many diverse arenas.