With the ever-growing demand for data-driven decision-making, an Online Master’s in Analytics Management can provide you with the skills and knowledge you need to succeed in today’s competitive business environment. This master’s program will provide you with a comprehensive overview of analytics management, including topics such as data mining, predictive modeling, and analytics strategy. You will also be able to develop your understanding of data visualization techniques and learn how to use analytics software tools. With a top online Master’s in Analytics Management degree program, you can gain the expertise needed to lead successful analytics projects and become an effective manager in the field of analytics.
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Data drives most of the decision-making procedures within organizations today. Successful companies need to recruit well-trained professionals who can spearhead their operations. Trusted experts are analytics managers. These business leaders oversee data analysis for an enterprise.
This guide will help you, the researcher, learn more about what it takes to become an analytics manager. It includes your specific skills and qualifications to succeed in this exciting business field.
What Is Analytics Management?
Analytics management combines data analysis, statistics, and computer science techniques to help organizations understand and process data. The process of analyzing business data can be complicated. This reality is due to the potential volume in the modern data-intensive world. An analytics manager is familiar with the appropriate tools needed to process big data.
This professional must also design statistical models that help stakeholders understand data. They turn this information into valuable business insights and intelligence. Organizations can use these insights to control inefficiencies and predict market trends.
What is an Analytics Manager’s Job Description?
Analytics managers collect, analyze, process, and present data to an organization’s stakeholders. Within a team of data analysts, these professionals use the right tools and techniques to yield valuable results. Analytics managers use their expertise in other fields like finance and customer service. They learn how to complement their analysis and apply it to real-world environments.
What is the Salary and Job Outlook for Analytics Management?
Payscale reports the average salary of an analytics manager is over $102,000. Data shows that the yearly salary for an analytics manager is between $69,000 and $129,000. The salary of an analytics manager depends on the variables of expertise and credentials. The compensation package for an entry-level position will be in the lower range.
The job outlook for analytics management jobs is positive. According to the U.S. Bureau of Labor Statistics (BLS), the number of positions is set to grow sixteen percent from 2021 until 2031. The trend shows that more companies are turning to data analysis to sharpen and hone business processes.
What Are the Top Reasons to Become an Analytics Manager?
There are excellent reasons to consider becoming an analytics manager. There are many factors to consider. Now is as good a time as any with the developing value of data in business planning. Here are the top reasons to work in analytics management:
- Combines Unique Skills
- Features a Direct Role in Business Success
- Reports a Positive Job Outlook
- Can Result in a High Salary
Analytics Management Combines Unique Skills
Professionals in this field have the chance to combine their expertise in the combined areas of computer science, statistics, and data science.
Analytics Management Features a Direct Role in Business Success
This leadership role is integral to helping all kinds of organizations understand their data. It contributes directly to their organizational success.
Analytics Management Reports a Positive Job Outlook
The demand for professionals with education and experience in this field is growing. Job growth is predicted to be much healthier than average over the next few years.
Analytics Management Can Result in a High Salary
The work may be challenging, but the compensation is attractive, with an average of a six-digit salary. As you gain more credentials and expertise, your salary increases, too.
What Are Some of the Requirements for Becoming an Analytics Manager?
With no previous experience with the topic, you may question what it takes to qualify for an analytics manager position. Here are some of the crucial requirements to succeed in the role:
- Data Expertise is a Must
- Understanding Statistics Aids the Process
- Solid Communication Skills are Used
- An Ample Education Background Will be Expected
Data Expertise is a Must
Analytics managers need to be experts in data management, from data collection to analysis. These professionals work on large volumes of data.
Understanding Statistics Aids the Process
Understanding and applying statistics helps these professionals use reliable statistical tools and methods. They can guarantee that the results are concise and accurate.
Solid Communication Skills are Used
Having adequate soft skills in communication is vital. The work of the analytics manager involves collaboration with other department heads and various stakeholders.
An Ample Education Background Will be Expected
Employers look for candidates with respected credentials and high education levels. This is where an online Master’s in Analytics Management will shine. Business leaders in this field must acquire a substantial degree and professional certifications.
What Kind of Analytics Management Careers are Available Today?
Some industries require specific types of analytics managers for analytic solution needs. Here are some of the career pathways individuals can pursue once they have finished their studies:
- Management Analyst
- Operations Research Analyst
- Business Analyst
Management analysts combine technical and management skills to offer expert advice on developing an organization’s efficiency. Their work involves gathering data to provide solutions to issues within a business. After analyzing all types of business and financial data, these professionals provide expert insights that initiate organizational changes.
BLS reports that the median salary for a management analyst is $93,000 per year. The predicted job growth is eleven percent for the 2021-2031 period. This is largely due to the increased demand for management analysts in the healthcare sector.
Operations Research Analyst
Operations research analysts combine advanced analytics and mathematics like business analysts. These professionals must use statistical and predictive analytics to give business solutions that can help a company. Most of the information they process comes from customers and sales. Operations research analysts utilize data analysis techniques.
According to BLS, an operations research analyst’s average salary is $82,000. It has one of the most favorable job prospects, with a twenty-three percent growth between 2021 and 2031.
Business analysts gather data and conduct overall research work. Their responsibilities include the analysis of data and technology solutions. A business analyst’s primary focus is to understand an organization’s performance and the customer’s experience with the help of business analytics tools like statistical modeling.
Payscale reports that a business analyst earns an average of $82,000 annually. Professionals in business analytics have a salary range of $65,000 and $120,000 per year. As of 2021, the latest PayScale data reveals Seattle is the highest-paying city for business analysts. These business leaders make more than the national average.
Top 25 Analytics Jobs
This is a list of some of the best analytics jobs and their median pay.
|Senior Vice President (SVP), Analytics||$241,131|
|Head of Analytics||$181,571|
|Vice President (VP), Analytic||$167,729|
|Director of Analytics||$132,375|
|Senior Manager, Business Analytics||$129,802|
|Business Insight and Analytics Manager||$104,525|
|Senior Business Analyst||$88,159|
|Senior Data Analyst||$86,730|
|Senior Financial Analyst||$85,092|
|Information Security Analyst||$75,216|
|Business Analyst, IT||$72,222|
|Business Intelligence (BI) Analyst||$71,822|
|Business Systems Analyst||$71,662|
|Business Analyst (Unspecified Type)||$65,536|
|Web Analytics Specialist||$62,024|
What Can I Expect to do as a Working Analytics Manager?
Graduate students considering careers in analytics management should familiarize themselves with the core duties and responsibilities. Here are some of the daily tasks these professionals are responsible for delivering.
- Develop Statistical Models for Business
- Prepare Data-Backed Reports and Analysis
- Present Results to Stakeholders
Develop Statistical Models for Business
The day-to-day work revolves around technical processes like data gathering, optimizing systems, and utilizing tools and programs. Analytics managers develop statistical models they can use to understand data and forecast possibilities for a business. The model these managers design is for future reports and analysis.
Prepare Data-Backed Reports and Analysis
Analytics managers oversee the preparation of reports and analyses from beginning to end. These professionals work with a team of managers and business analytics staff. The team works to create holistic reports that consider all sectors. Data-backed reports make it possible to design policies and solutions that will be helpful for an organization.
Present Results to Stakeholders
These professionals present findings and results to stakeholders, who will assess the proposed solutions. Analytics managers ensure their presentations consider the level of knowledge of their audience. It’s their responsibility to make sure that essential points create an impact.
What are Some Analytics Manager Skills to be Aware of?
Having the right skills gives professionals a competitive edge to obtain the analytics manager position they want. These business leaders need to have a mix of data, business, and analytical skills. Here are some common skills you may need to acquire to pursue the career path.
- Programming Skills
- Data Visualization
- Analytical Skills
There are specific programming languages for data science that professionals need to learn and master. These skills ensure you are using the right tools to process data. SQL is a standard programming language for data management. Analytic managers need to know how to code these languages to provide accurate data analysis models.
Successful analytics managers learn data visualization as they must present their findings to managers and stakeholders. Taking the opportunity to master software programs like the commonly used data visualization tool, Tableau, is a great idea. Aside from tools, one must learn the techniques to present results effectively.
Analytics managers must have solid analytical skills to excel. These skills allow them to analyze results and produce effective organizational business solutions.
How Long Should it Take Me to Become an Analytics Manager?
The time it takes to work as an analytics manager depends on the pathway of choice. Most organizations look for a college degree. An undergraduate program will take you around four years. It is possible to take a shorter route. You can get your start by enrolling in coding boot camps and short courses. But to reach a higher level, you will want to consider a degree like an online Master’s in Analytics Management.
How Can a Coding Bootcamp Start My Journey to Becoming an Analytics Manager?
A coding boot camp can be a great start to becoming an analytics manager. Bootcamps are designed to give students current, job-specific skills in a short amount of time. There are boot camp programs in data science and business analytics that can hone your technical and practical skills relevant to the position.
Can I Pursue a Degree in Analytics Management From Home?
Studying from home through distance learning became a mainstay during the COVID-19 pandemic. There are excellent online degrees related to analytics you can complete from the comfort of your home office or the office. Highly respected universities and accredited institutions offer these programs. The diploma or certification you receive from an accredited organization is valid and reputable.
Is an Online Master’s a Good Option for an Analytics Manager?
Respected and internationally recognized online master’s programs focus on developing the skills and knowledge needed for careers in business. Master’s students study strategic decision-making, big-picture thinking, and core aspects of business management.
An online Master’s in Analytics Management features the same rigorous curriculum as its in-class counterpart. Instructors tailor coursework to online platforms. Technology permits location-independent study. This opens many attractive educational options for prospective students. A distance-based master’s offers the chance to attend out-of-state schools without the hassle and expense of relocation. These programs also give students more control over their pace of study.
What are Some of the Nation’s Best Online Master’s in Analytics Management Programs?
Here are 20 of the best Online Master’s in Analytics Management programs offered from top business schools. These are fully online and hold AACSB accreditation. Schools are listed in alphabetical order.
Arizona State University features an excellent online Master’s in Analytics Management at the W.P. Carey School of Business. The program takes 16 months to complete. W. P. Carey’s Online Master of Science in Business Analytics deepens quantitative and analytical skills. Graduates discover how to derive value from data and modeling. If you’re looking for the nation’s best online master’s in analytics management, look no further.
The Scheller College of Business at Georgia Tech has an excellent online Master’s in Analytics Management. This online Master of Science in Analytics is a top-5 nationally ranked data science program. It is an interdisciplinary data science and analytics program. OMS Analytics leverages Georgia Tech’s academic expertise. It will train you for business success.
Jacksonville University’s Davis College of Business has a noteworthy online Master’s in Analytics Management. The online Master of Science in Applied Business Analytics prepares tomorrow’s leaders with strategic business skills. They learn technical competencies and analytical assessment tools. Students will acquire diverse technical skills and gain business success.
Louisiana State University features an excellent online Master’s in Analytics Management at the E. J. Ourso College of Business. This online Master of Science in Analytics prepares students to use data-driven problem-solving methods. They learn to reduce costs, increase revenues, and improve decisions. Students learn specialized knowledge drawn from computer science and operations research. Give this program a second look.
Northern Illinois University’s College of Business has a top-notch online Master’s in Analytics Management. This online Master of Science in Data Analytics is intensive degree. It prepares students for the fastest-growing jobs in data analytics and data science. The coursework is based on best practices in the field. Aiming for a quality online MS? Here’s your bullseye.
The Ohio State University’s Fisher College of Business features an excellent online Master’s in Analytics Management. This Specialized Master’s in Business – Analytics is one of the best. It will develop next-generation managers. They become capable of leveraging practical approaches to analysis and systems thinking. Distance learners looking for an academic bang for their buck can look no further.
The College of Business at Ohio University offers a quality online Master’s in Analytics Management. The AACSB accredits this online Master of Business Analytics. Ohio features a flexible format with online coursework. Part-time scheduling is ideal for working professionals. This program will give you the skills you need for success.
Oklahoma State University features an excellent online Master’s in Analytics Management through the Spears School of Business. This online MS in Business Analytics and Data Science is a STEM-designated program. It trains those currently in the workforce. They transition as analytics and data science professionals. These online MS students will tackle real-world challenges and excel.
The Smeal College of Business at Penn State provides an excellent online Master’s in Analytics Management. Students learn to make informed, data-driven business decisions. Penn State’s 30-credit Master of Professional Studies in Data Analytics is stellar. It has an option in Business Analytics. Students acquire the business intelligence training needed to work as business analysts and more.
The College of Business Administration and Information Sciences at Pennsylvania Western University (formerly Clarion University) features an outstanding online Master’s in Analytics Management. The online MS in Applied Data Analytics is geared toward working professionals. Busy adults with domain knowledge in an undergraduate field will thrive within the curriculum.
The Daniels School of Business at Purdue University offers an online Master’s in Analytics Management. This 30-credit hour degree is 100% online. It is designed to enhance analytics capabilities and application prowess. Students train in relevant technologies and techniques. The program is rooted in faculty expertise and a solid STEM reputation. This program is a career builder.
Saint Joseph’s University’s Erivan K. Haub School of Business features an online Master’s in Analytics Management. SJU’s Master of Science in Business Intelligence & Analytics prepares students to be leaders. They will thrive in their organizations as they leverage organizational knowledge and find success. This focus prepares distance learners to drive organizational performance.
Stevens Institute of Technology’s School of Business offers an excellent online Master’s in Analytics Management. This stellar MS in Business Intelligence & Analytics prepares students for success. They learn the business mindset and data literacy skills needed to excel. Distance learners leverage emerging business analytics tools. This program is high quality.
The College of Business at Texas A&M University-Commerce features a top-shelf online Master’s in Analytics Management. A&M Commerce’s Master of Science in Business Analytics is STEM approved. Students from business and non-business backgrounds develop expertise in business analytics in the high-demand field.
The Carl H. Lindner College of Business at the University of Cincinnati features an excellent online Master’s in Analytics Management. This online Master of Science in Business Analytics is nationally recognized. It has a proven track record of putting students in successful, high-profile organizations.
The C.T. Bauer College of Business at the University of Houston offers a stellar online Master’s in Analytics Management. This online MS in Business Analytics includes the skills students need to shape tomorrow’s world. They gain a professional network to chart their path. It is STEM-designated. Give program leaders a call to learn more about this exceptional online degree.
The University of Texas at Dallas features an excellent online Master’s in Analytics Management at the Naveen Jindal School of Management. This online master’s degree in Business Analytics focuses on Data Science. Jindal’s staff updates the courses constantly to ensure that students learn the most relevant and competitive information. The degree is worth a second look.
The University of Texas Rio Grande Valley offers a top-notch online Master’s in Analytics Management at the Robert C. Vackar College of Business and Entrepreneurship. This Master of Science in Business Analytics program is entirely online. The AACSB-International accredits the University of Texas Rio Grande Valley business school. This degree enables data-driven thinkers to develop their abilities to transform data into insights.
Villanova University’s School of Business features one of the nation’s best online Master’s in Analytics Management. The online Master of Science in Business Analytics expands one’s expertise in the latest analytics technologies. Students learn applications and business practices. This distance degree prepares students to advance their business careers. Business students will thrive within this business leadership program.
West Virginia University’s John Chambers College of Business and Economics offers an online Master’s in Analytics Management. This online Master of Science in Business Data Analytics is located at the intersection of data science and prescriptive analytics for business. Lessons highlight operations management, research, and the global supply chain. Students learn about data management technologies. This online program has it all.
What Are Some Helpful Steps I Can Take to Become an Analytics Manager?
One should take several steps before entering the analytics management job market. If you want to take the proper route to success, follow these steps:
- Pursue Your Degree
- Consider Alternative Resources
- Apply for Internships
Pursue Your Degree
Most organizations look for employees with at least a bachelor’s degree in business or technology. Make sure to focus on your studies to create an easier path to success. Research what it would take to complete a bachelor’s in statistics, business analytics, or data science. Serious professionals in this field should consider earning a degree like the online Master’s in Analytics Management to boost their credentials.
Consider Alternative Resources like Bootcamp Programs or Online Courses
There are many excellent boot camp programs and free online courses on analytical subjects. These short programs develop essential technical skills that business analytics and coding workers need to excel in the job. Look for programs that offer professional certifications that add to your resume.
Apply for Internships
Internships are valuable because they indicate day-to-day work in the field. Interns get the chance to work on real-world projects and apply classroom knowledge. You can improve your interpersonal skills as you work and collaborate with colleagues.
What are Some Education Pathways for Analytics Management Careers?
There are valuable opportunities to learn analytics if you have the motivation and resources. Here are some of the best educational pathways to take in becoming an analytics manager.
Free Online Courses
Enrolling in a free data science or data analytics online course will sharpen your skills. Some of the nation’s best business schools feature free courses that last four to six weeks and give distance learners lots of helpful information.
Information technology and computer science play a significant role in an analytics manager’s success. These professionals need advanced coding skills. The process of analyzing data involves using different programming languages. These languages include Python, SQL, and R. Vocational schools offer programming courses to help students become experts in these languages.
Some students are not ready to commit to a four-year program. Community colleges offer two-year associate degrees in many topics. Students can pursue data analytics, statistics, and business intelligence. Earning a two-year degree at one of these schools allows students to gauge whether this is their career path while acquiring valuable knowledge and skills.
Online Business School
Online bachelor’s degrees and Master’s in Analytics Management make education more accessible. Distance learners can complete their studies from anywhere. Pursuing a four-year program is how to start if you want entry into an analytics manager position. Students with that credential are then prepared for an online master’s degree.
Analytics Management Certificates
There are professional certificates in data science and business analytics that boost resumes. Certifications are an excellent way to make professionals stand out from other candidates on the same career path. Here are some of the best certifications in this field:
Azure Data Scientist Associate by Microsoft – Microsoft offers the Azure Data Scientist Associate certification exam. It demonstrates students have skills in utilizing data science and machine learning for analytics. This exam tests one’s ability to run data and produce models.
Certified Business Analytics for Managers Certification by the International Association of Business Analytics Certification – The Certified Business Analytics for Manager Certification is respected and shows one’s ability in data-driven strategic planning and business intelligence. The exam tests the student’s knowledge of Excel, business analytics, statistics, data models, and predictive analytics. The exam features no prerequisites. Students need some managerial experience to pass.
Data Science Professional Certification by IBM – Coursera and IBM partner to host this certification. Students don’t need a degree or previous career experience to take the exam. While taking the certification courses, students learn new techniques and gain experience using data science tools by addressing real-world data sets.
How Can I Prepare for an Analytics Management Job Interview
It is normal to be apprehensive once you begin the interview process of your career. It is good to remember that preparation is crucial. Most job interviews are straightforward. Make sure to prepare for questions beforehand. Here are some practice questions to be ready for:
- What strategies would you employ to ensure the security and confidentiality of this organization’s data?
- Describe a data modeling project you have created. Were you successful in it?
- What kind of analytics projects did you carry out during your internship? How did it benefit the organization?
- What were some of the issues you faced while working on data? How did you solve them?
Analytics Management FAQs
Can I Enter Analytics Management Without a Degree?
Most analytics management professionals need at least an undergraduate degree in analytics or a related field. It is a higher-level position. You need to stock up on credentials and experience. Enrolling in a data science or data analytics online program will help you keep up with the trends. Platforms like edX and Coursera feature online courses that will give you valuable insight into the field.
Is Pursuing an Online Master’s in Analytics Management Worth It?
If you are determined, it is not difficult to work in analytics management. Begin focusing on your undergraduate degree. Consider additional courses and apply for internships to improve your skills and knowledge. An online master’s through an accredited institution will solidify your credentials, so be researching programs early to get a head start.
What Is the Primary Role of an Analytics Manager?
Analytics managers perform statistical modeling of the information and data that an organization wants to discover. The next step is modeling and presentation. Analytics managers come up with business strategies with team members. Finally, results are presented to the stakeholders by the analytics manager.
How Much Can I Expect to Make as an Analytics Manager?
Payscale reports that analytics managers average $102,000 each year. Salary varies depending on credentials, experience, and responsibilities.
Many professionals in analytics seek mid-career salary boosts, more substantial professional networks, or job promotions. An online master’s is the right choice for all these options. The attractive benefits of online master’s programs include the following:
- Diverse networking opportunities
- A wide selection of schools
- The flexibility to customize academic schedules around other responsibilities
Matching your skills and needs to the right program is vital for success. An online Master’s in Analytics Management can expand your options and position you for career advancement. Properly trained graduate students develop global business perspectives and improve credibility with business peers. These factors make an online master’s one of the most valuable degrees for career advancement. A distance degree in business offers the chance to earn a respected credential that distinguishes business professionals without uprooting their lives or putting their careers on hold.