As businesses across the globe increasingly rely on data analysis to make informed decisions, the demand for skilled data analysts and scientists continues to soar at a rate of 36%. Much faster than other professions. However, the peaking demand, reinforced by a pretty lucrative yearly salary of $84,000, has made the industry quite competitive for newcomers.
It is now imperative to develop a set of data analytics skills that match or exceed the expectations of the companies you’ll be interviewing for. While the parameters may vary depending on the role, responsibility, and specific company, you need to prepare for curveball questions during the technical and product sense interviews at those companies.
You’re in the right place to discover the steps involved in becoming a skilled data analyst and to learn how long it might take to reach your goal.
Depending on the extent of data analysis skills you’re seeking to develop, the required time for you to become a data analyst can vary from a few weeks to even half a decade. Here are some key factors that influence the data analyst timeline the most:
Data analysis attracts students from a wide range of academic backgrounds. For those of you with relevant degrees, such as in computer science, statistics, and mathematics, you might already have—or will find it easier to acquire—a fundamental understanding of algorithms, data structure, and statistical analysis. This could mean that you may only need to pick up a few specific skills.
Those lacking a quantitative or technical background might require additional time to learn the fundamental concepts mentioned, in addition to programming and database management. The preparatory courses often extend the timeline by several months.
From bootcamps requiring only a few months to a master’s degree taking years, the learning pathways to becoming a data analyst are discussed later in this article. But, as you may expect, the type of course you choose will significantly influence your data analysis journey.
The skill requirements also greatly impact the data analyst timeline. If your objective is to pursue an entry-level role for now and build on it to secure better roles in the future, the skills required would vastly differ from those needed for advanced machine learning roles in the financial sector.
For working professionals, part-time learning is often more feasible. But this means that your timeline might be extended. It may take you a year or more to become proficient if only a few hours per week are dedicated to learning. Part-time students might also balance jobs, internships, and other responsibilities that add to their learning time. However, if you’re already in a data-based role, it can significantly enhance your theoretical and practical experience.
Irrespective of your specialization and learning pathway, several key skills are essential for becoming an adept data analyst, including:
A fundamental tool for data manipulation, analysis, and visualization, Excel is essential to master as a data analyst. While advanced Excel skills exist, proficiency in the basic features, such as functions, pivot tables, and macros, is essential for most entry-level data analyst roles.
Arguably the most widely used data analysis tool, Python has a rich range of libraries (pandas, NumPy, Matplotlib) for data cleaning, manipulation, and visualization. It’s also versatile enough to handle both small and large datasets, machine learning, and automation.
Relational databases are integral to data analysis. And SQL is the backbone of relational database management systems. Therefore, SQL knowledge is critical for querying databases, extracting data, and manipulating datasets efficiently.
Particularly useful in statistical analysis and data visualization, R is favored for its advanced statistical capabilities, making it essential for roles involving in-depth data analysis or research. In contrast to Python, R lacks extensive libraries and a user-friendly syntax.
As mentioned, visualization is crucial to success as a data analyst, and Tableau makes it easy to build interactive and shareable dashboards. Proficiency in this tool will allow you to present data insights in a visually appealing and understandable format.
Like Tableau, Power BI is a Microsoft tool for creating interactive visualizations. It integrates well with other Microsoft tools, making it essential in environments where Microsoft products are dominant.
A solid understanding of statistics is necessary for interpreting data, running analyses, and making informed conclusions as a data analyst. Knowledge of probability, distributions, hypothesis testing, and regression models is also essential for drawing accurate insights.
Depending on your circumstances and objective, your educational pathway will vary. While some might choose a more rapid approach by enrolling in data analytics bootcamps, others will lean toward a more conventional route. For your convenience, here are common pathways to becoming a data analyst:
After you’ve secured your degree or certification (or both!), the next step is to acquire hands-on experience to demonstrate your data analysis skills to potential employers. Here’s how to approach it:
The timeline for becoming a data analyst depends on factors like your educational background, learning path, and time dedicated to skill-building. By understanding the timeline for different pathways—from self-paced courses to formal degrees—and gaining hands-on experience through internships or freelance projects, you can effectively plan your path to becoming job-ready in this high-demand field. Although timelines vary, consistent learning and practical experience will help you achieve your goal and transition into a rewarding career in data analytics. All the best!