Jobs & Careers post your MS in Analytics & Data Science – Chapter 2

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In our introductory blog of this playbook we discussed about the various Analytics/Data Science degrees that are available for you to pursue your Analytics/Data Science career. In this post we will look into 6 important criteria, which you should consider while deciding where you want to pursue your Masters.

Here are the areas that you need to consider

• The job profiles that you will be eligible post your MS in Analytics / Data Science / MIS degrees

• Pay range in these positions• Concentration of Data / Analytics oriented jobs in different

states• Average Pay in each state• Metropolitan cities that have most jobs in this field.• Top recruiting industries

Job Profiles:

There are a wide range of job profiles that open up once you pursue your MS in Analytics / Data Science or MIS degree. We have compiled them into 5 categories, Management Analysts, Computer Systems Analysts, Information Security Analysts, Statisticians and Operations Research analysts.The below table gives you an overview of the number of positions that were filled up for respective job profiles and their mean annual wage in the year 2015.

RoleNumber of

Employments in 2015

Mean annual wage

Management Consultants 614,110 $91,770

Computer Systems Analyst 556,660 $90,180

Information Security Analyst 88,880 $93,250

Operations Research 95,860 $84,180

Statisticians 29,870 $84,440

                            Annual Average Pay

Percentile 10% 25% 50% 75% 90%

Management Consultants

$45,970

$60,450

$81,320

$109,670

$150,220

Computer Systems Analyst

$51,910

$66,340

$85,800

$109,210

$135,450

Information Security Analyst

$51,280

$67,890

$90,120

$115,980

$143,770

Operations Research

$43,520

$57,310

$78,630

$105,090

$132,500

Statisticians $44,900

$59,750

$80,110

$104,390

$130,630

Here is a percentile wise breakdown of the annual average pay for these positions :

State & Area wise employment outlook for Analysts in the US.We took a look at the states that provide highest jobs in the domain of analytics.

Here are the top 5 states

California Texas Virginia Florida New York

The pictures give you an overview of the state wise job scenario when it comes to the respective job profiles. In general the west coast and east coast dominate the job market.

While the above information gives an overview of the states you can target to pursue your Masters, we thought it would be really helpful if we pinpoint the areas in these states that are hot spots for jobs in this sector. So here are the top 12 areas / metropolitan cities that you need to target either when you are applying for a Masters degree or applying to a job post your Masters.

The list mentioned in the next slide is arranged such that the first area is most popular and descends from there on.

Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division

New York-Jersey City-White Plains, NY-NJ Metropolitan Division

Los Angeles-Long Beach-Glendale, CA Metropolitan Division Boston-Cambridge-Newton, MA NECTA Division Chicago-Naperville-Arlington Heights, IL Metropolitan

Division Minneapolis-St. Paul-Bloomington, MN-W Seattle-Bellevue-Everett, WA Metropolitan Division Phoenix-Mesa-Scottsdale, AZ Dallas-Plano-Irving, TX Metropolitan Division Atlanta-Sandy Springs-Roswell, GA San Jose-Sunnyvale-Santa Clara, CA Sacramento–Roseville–Arden-Arcade, CA

.

If the pictures above did not satisfy your thirst the ones below will do, take a look at the jobs present in each area

Industries that recruit Analyst

Now it is time to understand the type of industries that hire most of the analysts. Here is the list,

Computer Systems Design and Related Services Management, Scientific, and Technical Consulting Services Management of Companies and Enterprises State Government (OES Designation) Federal Executive Branch (OES Designation) Insurance Carriers Data Processing, Hosting, and Related Services

As an analyst all you need to do is connect dots, and this article is where you can start. From the information provided in this post, you know the high paying states & metropolitan cities, and the industries that recruit the most. All you need to do next is check out for universities that provide good analytics coursework.Once you do that, apply for such universities and make sure your locality has one of the above mentioned industries. One cannot plan better than this.

State wise average pay for Analysts

If you are someone like me, after all these information, one question you will still have is about “MONEY”. How much money can you earn? and where is the best place to maximize your potential?Don’t worry, we have it covered as well. We have split it into 2 categories.

1.States which provide the highest number of occupation

2.States that pay the most

1.States which provide the highest number of occupation.

The states below are listed in descending order with respect to the number of jobs that they provide

California Texas Virginia Florida New York Illinois Ohio Maryland Massachusetts Pennsylvania

2.States that pay the most.

Here are the list of universities that – Well instead of listing it down, we have provided you pictorial representations of the high paying states for Analytics profile, take a look at it.

Summary

Uptill now, we have covered the following, Job Profile post your Masters Average Pay State and city wise job split up State wise wage split up Industries that recruit analystsThe information provided in here is a part of our overall analysis. Since we were unable to fill in all the data we collected, we have created a google spreadsheet that you can download and have detailed inputs on jobs, wages, industries that recruit analysts and much more. You can download it here.

The next post will focus on the skill sets that Analysts require to succeed in their career. Until then, stay tuned.

References:https://www.bls.gov/oes/current/oes_stru.htm

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