Written on 09 March 2021.
Demand for data science and analysis professionals is growing. Here are five good reasons to get a master’s degree in data analytics to prepare you for the fourth industrial revolution.
Data is fuelling the fourth industrial revolution. Crucial to most industries, data is growing at a rapid and steady pace. It is present almost everywhere in our daily lives thanks to the Internet of Things. According to the World Economic Forum, the global volume of data is predicted to double between 2018 and 2022 and to double again between 2022 and 2025.
According to Forbes, “the most important jobs of this coming decade will be related to data, its management, and protection, its governance and monetization, its analysis and role in decision-making.” Data literacy will be an asset on the job market. A survey by Analytics Insight suggests that by 2021, there will be 3,037,809 new job openings in data science worldwide. High demand should translate into correspondingly high salaries in many different industries.
When studying for a master's degree in data analytics, you will gain skills in programming, data analysis, visualisation, machine learning… You will also master reporting, an essential skill to help you communicate easily with other professionals on your team and in other business units.
The skills you will acquire from a master's degree in data analytics will enable you to craft strategies that meet consumer needs and expectations and to devise innovative strategies in response to the numerous challenges businesses face from the digital revolution. If taught by a world-renowned business school, it will allow you to combine your data expertise with a business perspective.
You don’t just want to get any master’s degree in data analytics. You want to get a world-leading master’s degree in data analytics. EDHEC Business School offers a Master of Science in Data Analytics and Artificial Intelligence, ranked No.2 in France and No.24 globally in the QS Masters in Business Ranking 2020.
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