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Career Development Denise Alexander
While you’re working -- or playing -- online, every transaction, mobile download or click you make becomes a data point. It’s no surprise, then, that businesses are keeping track of that data so that they can understand their customers better.
But many businesses lack the time and the resources necessary to understand the vast amounts of data that they collect. That’s a real problem, since those numbers could provide valuable insight into how well an organization is meeting its business goals.
Here are three reasons why it’s important for business students to develop strong data analysis skills:
From finance to marketing, data analysis is an essential practice for any type of business. By having good data analysis skills, you’ll differentiate yourself from other job candidates, better your potential to increase your pay for data analytics jobs, bring valuable insights to your organization.
Bureau of Labor Statistics (BLS), U.S. Department of Labor, Occupational Employment and Wage Statistics 2023 / Occupational Outlook Handbook 2022. BLS estimates do not represent entry-level wages and/or salaries. Multiple factors, including prior experience, age, geography market in which you want to work and degree field, will affect career outcomes and earnings. Herzing neither represents that its graduates will earn the average salaries calculated by BLS for a particular job nor guarantees that graduation from its program will result in a job, promotion, salary increase or other career growth.
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