Data analytics processes are now as central to the operation of most businesses as accounting and human resources. Executives routinely consult reports derived from data analysis and insight for guidance when making strategic decisions. Thus, data analytics professionals are in high demand, especially those with comprehensive training and education, like what students receive in the online Bachelor of Science (BS) in Computer Information Science (CIS) program from Florida Institute of Technology.
Professionals working in data analytics focus on finding trends within data that can provide insight and help guide and inform decision-making. A data analytics manager typically oversees a team of such analysts. While most frequently associated with the competitive world of business, data analytics managers can also work for governments, nonprofits, academic institutions and school systems.
Job Duties for Data Analytics Managers
Data analytics managers provide direction for a team of data analysts. They also build that team, making hiring decisions and deciding where each analyst’s skills will prove most productive for the organization. They oversee the work of an analytics department, ensuring its accuracy.
They also lead the development of processes for effective data analysis and reporting. To do so, they need a combination of data analysis and business skills. Only by understanding an organization’s short-term goals and long-term business strategy can data analytics managers develop recommendations on how best to put data analytics to use.
In that regard, data analytics managers must be able to produce understandable and actionable reports gleaned from data. Interpreting data and reporting data findings are key roles in the position. Data analytics managers also keep up with data industry trends and the availability of upgrades to information systems, advising organizational leaders on necessary changes.
Salaries in Data Analytics Job Roles
The U.S. Bureau of Labor Statistics (BLS) does not provide specific salary data for data analytics managers. However, data analytics manager positions may fall under several occupational categories, depending on various factors like specific role, responsibilities, experience and education. Consider the following occupations that could include data analytics manager roles, along with 2023 median annual salary data from BLS:
- Computer systems analysts — $103,800
- Management analysts — $99,410
- Data scientists — $108,020
- Computer and information systems managers — $169,510
Salaries for data analytics managers vary by the type of business, the industry and the regional job market. It’s wise to conduct independent research into the salaries for specific jobs.
Education Requirements for Data Analytics Management Careers
Most data analytics managers have at least a bachelor’s degree in a data-related field, such as computer science or information technology. Some organizations require those in leadership roles to have a master’s degree from a regionally accredited university. Data analytics managers may seek certification in the use of analytics software, and organizations may require this as well as years of experience to attain certain management jobs.
Job Growth for Analytics Professionals
There is an explosion of jobs in analytics and various sub-fields of computer information science. Data analytics manager positions are no exception to this rapid job sector growth. To illustrate this, the following are projected 2023-2033 employment growth rates from BLS for the related occupations listed above:
- Computer systems analysts — 11%
- Management analysts — 11%
- Data scientists — 36%
- Computer and information systems managers — 17%
Further, it is important to remember that the average 2023-2033 growth rate for all occupations in the U.S. is 4% — far below that of most computer science- and analytics-focused occupations, from entry-level systems analyst roles to upper management positions. Clearly, data analytics management roles can provide promising job opportunities for those with the education, experience and credentials needed. Plus, there is no lack of job growth and career advancement potential, making data analytics a very attractive field for aspiring management professionals.
Learn more about Florida Tech’s online BS in CIS program.
