How does Masters in Data Analytics Online help?

Data Analytics is applicable everywhere in the world, as entrepreneurs make use of numbers to increase the success of their business. Top US universities offer a master’s in this field. However, not everyone can afford to pursue such a degree. An online master’s in Data analytics is equally beneficial and given below are the reasons for the same.

1. Data Analytics is In-Demand

Forbes reported that according to IBM, due to the high demand but low supply of individuals having a master’s in Data Analytics, by 2020 the number of Data Science and Analytics Jobs would grow from 364,000 listings to over 2,72,000 listings.

Moreover, as per McKinsey Global Institute’s study findings; the United States would face a shortage of over 19,000 data scientists and 1.5 million analysts who possess thorough knowledge in Data Analytics by 2018. This demand is rising globally, more so due to the huge deficit of professionals equipped with these skills. Therefore, pursuing a Masters in Data Analytics Online would enable you to prepare yourself for a career where chances of getting hired are plenty!

1. More time to work part-time

The best aspect of pursuing a master’s in Data Analytics is that from the course’s initial level itself, students become well versed with the techniques required to analyze numbers and trends.

Hence, the chance of working freelance is readily available, and because you’re pursuing an online degree, you’ll have even more time to offer your services to a company or business. As a result, students can work part-time, earn enormously and even go on to become freelance consultants to some of the world’s biggest firms. With credible work experience from an early stage of your education, you can gradually go on to earn $130,000 annually as the 2015 Skills, and Salary Survey Report by the Institute of Analytics Professionals of Australia has observed this to be the annual salary of data analysts or scientists.

1. Convenient Means of Learning

There is no doubt that the benefits of an on-campus educational program are too many to count, however pursuing a Master’s degree online has its own set of advantages. Though you may not get the cool campus life or a set of lifelong pals, but when compared to a monetary aspect, online learning is far better. For people with low financial aids and working professionals, an online degree can do wonders! Transportation cost doesn’t exist for online learners and what’s more is that online assignments and tests can be taken according to your availability. Moreover, your course coordinator’s guidance is just a call or email away! If this wasn’t enough, you could even work freelance putting into practice the skills taught in your Masters in Data Analytics Online. Therefore, online programs efficiently add to your work life, enhancing and polishing it better when compared to on-campus courses.

1. The Ease of Job Hunting

As stated previously, the demand for data scientists is huge. Hence, even if you’re a student doing a master’s in the said subject, job or internship (paid internships) can be easily found. Due to the low supply, organizations even go on to hire recruiters solely dedicated to finding professionals or students knowing analyzing data. So, you’ll only require to register on an online business portal such as LinkedIn, wait for a few days, and then your inbox would be full of job offers!

1. More time for family

Due to various personal reasons, some undergraduates are not able to leave their family to attain a higher degree. Moreover, data analytics is a field that is not taught at every other university. So, for such students, a Masters in Data Analytics Online is fruitful as it not only enables them to continue their educations but also provides the chance to stay back home to support their families. Also, as we mentioned earlier, they can efficiently earn as well!

A Master’s in Data Analytics online from a U.S. accredited institution can boost your career and take it to unimaginable heights! There are numerous courses available; all you need is a thorough Google search. Online courses indeed assist you to balance education, home and work, and have proved to be highly effective as well.