What are careers in analytics?

Analysts, financial analysts, and product analysts are careers in analytics. Here are some descriptions of these careers and others in analytics:

• Analyst

An analyst is a professional that is tasked with gathering, interpreting, and using data to develop actionable strategies that improve and optimize results for a company.

An analyst assesses a company's needs by receiving large amounts of data and analyzing it. They seek to find trends and areas of improvement that will enhance the performance of the company. This may concern the effectiveness and efficiency of a service, product, or system associated with the company.

An analyst makes an average annual salary of $64,006 in the United States.

• Financial Analyst

A financial analyst is a professional that analyzes past and current trends to help create a better financial future for a company or client.

Financial analysts may use financial reports created by accountants to help give guidance to a company in how best to use its resources. Their main objective is to investigate data to identify business opportunities or give investment plans.

Senior financial analysts tend to focus on devising investment recommendations more than anything else. A financial analyst makes an average annual salary of $67,785 in the United States.

• Product Analyst

A product analyst is someone who analyzes the market to find trends that can predict the popularity of a product.

Product analysts use data from customer polls and market research to make suggestions about products, marketing objectives, and launch strategies. They may also be part of the team that makes decisions about a product's design, marketing, and pricing. Product analysts' primary goal is to help a company create a profitable product plan.

A product analyst makes an average salary of $73,700 in the United States.

• Data Engineer

A data engineer is an IT professional who conceptualizes and builds platforms that gather, manage and analyze data. A data engineer aims to make raw data usable for other colleagues, such as business analysts, so they may implement the information into company decisions.

A data engineer makes an average annual salary of $117,234 in the United States.

• Software Engineer

A software engineer designs, develops, maintains, tests, and evaluates computer software and other software products for companies and businesses. They work in a wide variety of different industries and create digital solutions for companies using online tools.

Their tasks include implementing technical designs, improving and maintaining existing code bases, reviewing code changes, writing new codes for applications, identifying issues with the software, and coordinating the installation of the software for clients.

A software engineer makes an average annual salary of $96,861 per year in the United States.