Decision analysts are responsible for organizing and overseeing the development of requirements/resources necessary to meet objectives. They translate recommendation into communication materials to effectively present to all levels of management. They also incorporate visualization techniques to support the analysis's relevant points and ease the understanding for less technical audiences.
Decision analysts earn an average salary of $75,000 annually or $36 per hour. They apply quantitative analysis and interpretation of data using appropriate and established research and statistical methodologies and objectives. Part of their duties includes deriving meaningful conclusions and implications from data to report and present findings and recommendations to clients. They also oversee and control the quality of execution of studies by all parties.
Decision analysts typically hold a bachelor's or master's degree in business, statistics, economics, or other related fields from an accredited university in terms of academic qualifications. They are expected to have some years of proven work experience as a decision analyst or in a similar role. Some employers prefer candidates with solid writing, math, and interpersonal skills.
What is a Decision Analyst?
What Does a Decision Analyst Do
There are certain skills that many decision analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed writing skills, math skills and interpersonal skills.
How To Become a Decision Analyst
If you're interested in becoming a decision analyst, one of the first things to consider is how much education you need. We've determined that 64.3% of decision analysts have a bachelor's degree. In terms of higher education levels, we found that 25.5% of decision analysts have master's degrees. Even though most decision analysts have a college degree, it's impossible to become one with only a high school degree or GED.
Average Salary for a Decision Analyst
What Am I Worth?
Top Colleges for Decision Analysts
1. Columbia University in the City of New York
New York, NY • Private
2. New York University
New York, NY • Private
3. Carnegie Mellon University
Pittsburgh, PA • Private
4. University of Southern California
Los Angeles, CA • Private
5. University of Pennsylvania
Philadelphia, PA • Private
6. University of California, Berkeley
Berkeley, CA • Private
7. Stanford University
Stanford, CA • Private
8. Northwestern University
Evanston, IL • Private
9. University of Notre Dame
Notre Dame, IN • Private
10. Boston University
Boston, MA • Private
Top Skills For a Decision Analyst
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 25.4% of decision analysts listed data analysis on their resume, but soft skills such as writing skills and math skills are important as well.
Decision Analyst Demographics
Decision Analyst Gender Distribution
After extensive research and analysis, Zippia's data science team found that:
- Among decision analysts, 46.7% of them are women, while 53.3% are men.
- The most common race/ethnicity among decision analysts is White, which makes up 59.5% of all decision analysts.
- The most common foreign language among decision analysts is Carrier at 75.0%.
Online Courses For Decision Analyst That You May Like
Master One of the Most In-Demand Skills for Data Analysts in 2020!...
This is the second course in the Google Data Analytics Certificate. These courses will equip you with the skills needed to apply to introductory-level data analyst jobs. You'll build on your understanding of the topics that were introduced in the first Google Data Analytics Certificate course. The material will help you learn how to ask effective questions to make data-driven decisions, while connecting with stakeholders' needs. Current Google data analysts will continue to instruct and provide...
Complete Data Analyst Training: Python, NumPy, Pandas, Data Collection, Preprocessing, Data Types, Data Visualization...
Best States For a Decision Analyst
Some places are better than others when it comes to starting a career as a decision analyst. The best states for people in this position are Washington, Maine, Maryland, and Delaware. Decision analysts make the most in Washington with an average salary of $100,585. Whereas in Maine and Maryland, they would average $100,490 and $100,031, respectively. While decision analysts would only make an average of $95,009 in Delaware, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
1. District of Columbia
$106,349
Avg. Salary
2. Maryland
$100,031
Avg. Salary
3. Delaware
$95,009
Avg. Salary
How Do Decision Analyst Rate Their Jobs?
Top Decision Analyst Employers
Most Common Employers For Decision Analyst
| Rank | Company | Average Salary | Hourly Rate | Job Openings |
|---|---|---|---|---|
| 1 | Meta | $129,456 | $62.24 | 4 |
| 2 | PayPal | $117,577 | $56.53 | 4 |
| 3 | Chevron | $101,533 | $48.81 | 13 |
| 4 | JPMorgan Chase & Co. | $100,316 | $48.23 | 5 |
| 5 | Citi | $96,886 | $46.58 | 3 |
| 6 | T-Mobile | $95,934 | $46.12 | 6 |
| 7 | Thomson Reuters | $94,096 | $45.24 | 2 |
| 8 | USAA | $85,993 | $41.34 | 57 |
| 9 | Marketing Associates | $85,765 | $41.23 | 4 |
| 10 | Alliance Data | $84,926 | $40.83 | 2 |