Top Career Options In Data Analytics, Canada

Most students think of career options in data analytics in Canada. Are you one of them? Here you will know about it. A data analyst career is one of the most demanding in Canada. This field offers good salaries.

The benefit of a data analytics career is that they earn well at the start of the job. A data analytics career is continuously growing in Canada because of the huge burden of unprocessed data in companies. In this blog, you will learn the career options in data analytics in Canada.

Data Analytics-

A data analyst utilizes data to help businesses in making smarter business decisions. A data analyst gathers data on certain topics, evaluates, analyses, and delivers conclusions in thorough reports.

A wide range of business types employs data analysts to assist with data collection and analysis. Data analysts are frequently asked to utilize their knowledge and resources to spot trends in certain sectors and to give competitive analyses.

Top 5 Career Options In Data Analytics In Canada

1 Entry-level data analyst jobs

Your initial position may be junior analyst if you are new to the field of data analysis. You can get a job as a data analyst if you have past work experience and transferable analytical abilities.

You have to learn some core skills of data analysis before applying for the first job, such as statistical analysis, data visualization, data management, and learning python, R, and SQL programming language.

Data analysts are the first step to becoming a data scientist. Typically, it requires-

2 Data scientist

• Improving your coding abilities
• studying more advanced mathematics
• Increasing your knowledge of machine learning

A lot of data scientists also get a degree in computer science, data science, or a closely related field. A degree can lead to greater work prospects.

3 Specialist

One of the career options in data analytics is to become a specialist in one field in depth. You may work in one of many industries. Your career direction may take into the specialized knowledge of a particular industry more deeply.  

• Financial analysts use data to mitigate financial risk, identify revenue opportunities, and guide investment opportunities.

• By locating and resolving structural, technical, and procedural problems, operations analysts are responsible for improving a company’s performance.

• Business analysts utilize data to improve the effectiveness of staff, organizational structures, and IT processes.

• Industry research analysts, sometimes known as marketing analysts, study market trends to define target markets, pricing points, and product and service offers.

• Cost-benefit analysis is a tool that systems analysts use to help in matching technical solutions to business demands.

• To help providers raise the standard of care, healthcare analysts use information from patient surveys, cost reports, and medical records.

4 Management

Another typical career options in data analytics is to go into the management department. Before becoming a senior-level analyst, analytics manager, director of analytics, or even chief data officer, you must begin as a data analyst.

If you’re thinking about taking this path, you should concentrate on developing your data and leadership abilities. For these higher-level roles in some businesses, a master’s degree in data analytics or business administration with a specialization in data analytics may be necessary.

5 Consultant

After working for a company (or several different companies) in analyzing data for many years, you might consider becoming a data analytics consultant. You can work as a freelance contractor or for a consulting company to study various clients rather than work directly for a company.

When you work as a consultant, you frequently have more variety in your analyses and flexibility (especially if you work for yourself).

Skills required for data analytics job in Canada

1 Statistics

If you are thinking about working in the field of data analytics, you must be an expert in statistics because data analysis is impossible without it. You must possess in-depth knowledge of statistical tests, distributions, and other topics.

2 Programming

In the world of data, you cannot exist without programming. Although having programming abilities is unquestionably a must, having exceptional programming skills will benefit you. It doesn’t matter what statistical programming language you use—Python, Java, C++, R, SQL, etc. The better it is for you if you know more about this area.

3 Communication

Without communication, data is pointless. People searching for jobs as data analysts in an organization should be good communicators. It could be as simple as outlining a route from point A to point B, reviewing different data visualization techniques, and providing marketing and business growth statistics.

4 Intellectual thinking

Data analytics must be intelligent to interpret the data correctly and think creatively. They ought to be intelligent problem-solvers who can consider many options. Data analytics must be curious to understand and interpret data in various ways.

5 Data communication and visualization

Data visualization and data communication are crucial components of data analysis. Working with unstructured data is challenging. Therefore, it is crucial to represent and arrange data straightforwardly and understandably.

It is an important skill because many businesses’ decisions completely depend on the data. There are so many tools; for example, power business intelligence and Tableau, that help data analytics learn data communication.

The industries that employ data analytics-

Here are some of the top industries that employ data analytics-

• Internet industry
• Telecommunications industry
• Retail Industry
• Automotive Industry
• Education
• Entertainment and Media
• Healthcare and pharmaceuticals
• Banking and Finance

Conclusion

Canada is well-known for its education and provides world-class data analytics courses. Canada gives the best career options in data analytics.

Numerous important sectors in Canada employ data analysts at market-competitive rates. By learning the required skills, data science students can extend their careers to some of the highest-paying employment prospects right after graduation. Connect with Chetanya Career Consultants for additional details.

 FAQ’s

1 Is data analyst a promising career in Canada?

Yes, data science is a rewarding career in Canada. The Information and Communication Technology Council reports predict that by 2023, it will rank among the top 15 digital occupations.

2 Which company pays a good salary for a data analyst?

• Amazon
• Shopify
• Lighthouse labs and many more.