Online Data Analysis Degree

Data analysis involves extraction of trends and patterns from large data sets. It involves consideration of which statistical data and computer based methodologies are to be used in a given situation. Data analysts also have the responsibility to spot expected errors in conclusion of their analysis, and give recommendations on the reliability of conclusions. With the worldwide explosion of information technology and complex analytics software, the demand for data analysts is expected to be significant in future.

Various on campus and online institutes offer data analysis degrees. These include certificate programs and associate, bachelor, master, and doctorate degrees in data analysis. There are a number of benefits for enrolling into an online degree program. These programs enable students to study from the convenience of their home. They provide a flexible, self-paced learning schedule to professionals with busy routines. Finally, they may be less expensive as compared to traditional campus based programs. In order to pursue career as data analyst, individuals may obtain a degree in fields such as statistics, computer science, information systems, and management information systems.

Bachelor's Degree in Statistics
This program provides students with knowledge and understanding of mathematical statistics and probability. The program may include providing knowledge of methods involved in data collection and inference, and computing skills used in statistical analyses of various problems. The program may be offered on a campus or online.

The course curriculum may include core courses, orientation courses, and research based courses. They may include the following:

  • Calculus
  • Algebra Fundamentals
  • Linear Algebra
  • Real Analysis
  • Topology
  • Applied Statistics
  • Differential Equations
  • Probability and Statistics
  • Statistical Programming
  • Regression Analysis
  • Inferential Statistics
  • Nonparametric Statistics
  • Experimental Design Methods
  • Statistical Quality Control
  • Multivariate Analysis
  • Survey Sampling in Business
  • Multivariate Analysis
  • Data Analysis Practicum
  • Analysis of Categorical Data
  • Analysis of Forecasting Systems
  • Communication and Investigation
  • Experiential Learning
  • Organization Theory
  • International Development
  • Cultural Development

The above mentioned curriculum is common for many programs; however, course titles and requirements may vary from one institute to another. For exact details of the program you wish to enroll in, contact your college counselor.

Career Opportunities
After earning a bachelor's degree in statistic or a related filed, graduates may join any of these careers:

  • Statistician
  • Actuary
  • Data analyst
  • Market research analyst

In order to become a statistician, a degree in the field or a related area may be required. A bachelor's degree may be sufficient for entry level jobs. However, most employers these days demand a master's degree. The job responsibilities of statisticians include using statistical methods to gather and analyze data. They also assist in solving real life world problems in science, business, engineering, and many other fields.

According to the US Bureau of Labor Statistics (BLS), the median annual salary of statisticians was $75,560 in May 2012. The employment of these professionals is projected to grow at a rate of 27% from 2012 to 2022, according to BLS.


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