Wondering what career fields will best fit your Analytical Mindset?
If you have a knack for crunching numbers and looking for patterns in huge data sets, you live in a great time. Analytics is a huge field that’s been booming over the last couple of decades, and there are many indications that we’re only seeing the tip of the iceberg.
The field has been closely tied to various exciting advancements, including artificial intelligence and machine learning, and analytical specialists are currently in high demand all over the world, and in practically every industry you can think of. If you’re planning to build a career in this field and are wondering where your skills will be rewarded best, here are some ideas to consider.
Artificial Intelligence
It should be no surprise that artificial intelligence is on the top of this list. The field is directly tied to statistics and analytics, and those with a good understanding of mathematics and statistical models can go very far in this area. Contrary to popular belief, you don’t need good programming skills to progress here.
You can do quite a lot on the mathematical side, coming up with new models and algorithms, and letting others handle the practical implementation. Of course, some scripting and minor programming abilities can still come in handy, especially in languages like Python and R.
Business Analytics
The field of business analytics is going through some major transformations right now. Those with a good understanding of its requirements and typical workflow can end up quite successful, especially if they also have a background in the specific industry they’re trying to break into.
Many signs are pointing to some huge changes on the horizon for business analytics too, so if you’re interested in working in a dynamic field that’s constantly going through exciting changes, you should feel right at home here. Having an MBA, as well as business experience will be more than helpful as well!
Logistics
Logistics is another obvious choice here. Especially if you want to be right at the center of important developments and contribute something to the growth of the global economy. The logistics sector has been going through a lot of developments in the last decade, and the pandemic kicked things into high gear on top of that.
A lot of work goes into ensuring that the global supply chain is fast and efficient and that no resources are wasted along the line. This is more complicated than most people assume, and the field is a hotbed for new developments and cutting-edge technology in analytics.
Keep in mind that it’s also one of the most demanding fields, so if you don’t do well under pressure, this might not be the ideal choice for you. However, this field is great for someone with an analytical mindset.
Marketing
And of course, we can’t ignore marketing in this context. Marketing analytics is in an interesting spot right now, using a combination of established old-school approaches and various state-of-the-art developments that have emerged over the last decade.
Higher education reflects that too, and a good online Masters in Marketing Analytics from Emerson College or a similar institution can quickly get you started in the field. Not only that, but these degree paths allow you to be more flexible in building your professional profile, something that wasn’t an option just a decade or two ago.
Healthcare
Another great way to use your skills to help people in a meaningful manner is to join the exciting world of healthcare. There’s a lot happening in this field right now, and specialists with a lot of experience in analytics can easily thrive if they land in the right spot. This is another example of a highly demanding field though, and much like logistics, you can expect to be on your feet all the time if you want to stay relevant in this line of work.
You’ll have to brush up on your education constantly as well – not only will you need advanced medical knowledge to get started in most cases, but you’ll have to keep your skills relevant over time.
Finance
The financial world is going through some interesting developments at the moment, and nobody is quite certain where this will all end up. As more and more of our money shifts towards a digital form, this has brought about various changes in the field that require specialists to stay alert and keep their skills up to date, more than most other analysts.
Finance can be a demanding field in terms of working hours and competition as well, and you shouldn’t be surprised if you find yourself in a cutthroat environment where everybody is constantly trying to one-up you. This is something that people working in that field adapt to sooner or later, and those who don’t simply don’t make much progress in the end.
General Data Analytics
Last but not least, it’s worth mentioning that general data analytics is still a very popular field with many attractive opportunities for those who know how to work with numbers. Refraining from a tight specialization can have its benefits if you want to stay flexible in your work, and it can occasionally lead you to some interesting temporary assignments that will reveal new parts of industries you thought you were already familiar with.
Some people don’t enjoy the prospect of staying in this field for too long because they see it as more limiting compared to pursuing a specific specialization, but others enjoy this style of work quite a lot. In the end, what really matters is how you personally feel about this.
Whatever you end up picking, remember that being a good analyst requires you to never stop learning. You have to keep exploring your field from every possible perspective and stay alert about new developments that could impact the way you do your own work.
Especially when it comes to new tools and other tech, you can’t afford to get left behind and miss out on some important new development. That’s the fastest way to become irrelevant in this field, and when everything around you moves so fast, it can be impossible to recover from that.
These Fields are Great for Your Analytical Mindset!
Whether you go into finance or healthcare, these fields are the best for people with an analytical mindset! Get your career started by checking out one of these fields in 2022.
