Data Analyst

What is a Data Analyst?

Data analysts are the backbone of any data-driven organization — collecting, storing, maintaining, and analyzing large amounts of information that can have a major impact on the bottom line. Using statistical and analytical tools, data analysts identify trends and patterns that can help organizations make informed decisions and take strategic actions. 

But data analysis isn't just about crunching numbers and analyzing spreadsheets. It's about finding the story behind the data and using it to help businesses make smarter decisions. 

Whether it's improving...

Data Science vs. Data Analytics

Understanding the differences between data science and data analytics is essential for anyone interested in pursuing a career in data-driven fields. While the two terms are often used interchangeably, they represent distinct disciplines with different goals, skill sets, and job responsibilities.

Top-Paying Data Analytics Careers

How much does a data analyst make? Whether you prefer digging into customer insights or crunching numbers to forecast business performance, these data analysis careers offer the potential for big rewards. 

Management Analyst

Management analysts help organizations improve their performance by analyzing and solving problems. They work in various industries and help organizations identify opportunities to cut costs, improve efficiency, and increase profitability.

- According to the Bureau of Labor Statistics, the median annual salary for management analysts was $93,000 in May 2021.

What Makes a Good Data Analyst?

Becoming a good data analyst takes time, dedication, and a commitment to lifelong learning. To excel as a data analyst, it's not enough to simply have technical skills or knowledge of statistical methods — a truly exceptional data analyst possesses a combination of technical expertise, critical thinking skills, and the ability to effectively communicate their findings to others.

Strong Mathematical Background
To be a successful data analyst, a strong mathematical background is essential. Typically, this means having a solid grasp of Calculus I and II, as well as a thorough understanding of statistical analysis. With these foundational skills, you'll be able to analyze data sets and develop insights that can help drive business decisions.

What Degree Do You Need to Be a Data Analyst?

While a bachelor's degree is the minimum requirement for most entry-level data analyst positions, a master's degree can help you stand out in a competitive job market and qualify for more advanced positions with higher salaries. 

In fact, recent data shows that data analysts with a master’s degree can earn upwards of $90,000 per year — significantly higher than the median salary of around $62,00 per year for those with just a bachelor’s degree.

Become a Data Analyst at SMU

The Master of Science in Applied Statistics and Data Analytics (MASDA) program at SMU offers students a unique opportunity to gain technical skills and analytical tools needed to succeed in a variety of industries. The Department of Statistical Science provides a rigorous and collaborative learning environment that emphasizes hands-on experience and practical application of statistical theory.