Online Bachelor of Business – Business Analytics minor
Learn how to interpret and present information and drive data-driven decisions with our Business Analytics minor.
Every single day, the world creates around 2.5 quintillion bytes of data. Over 90 per cent of all data was made in just the last few years: customer transactions, phone numbers, app messages, videos, photos, text files, financial figures. And all that data needs to be properly cleaned, stored, processed and analysed, which is where Data Scientists come in.
So what is a Data Scientist? What does a Data Scientist do? Essentially, Data Scientists synthesise huge amounts of business information, and then use that information to answer questions or create strategies. A Data Scientist basically helps businesses make better decisions.
The term ‘Data Scientist’ was coined around 2008, when mobile technology began to surge and companies realised they were accumulating huge swathes of customer data. Data Scientists were hired to process and understand this information – and to draw meaning from it. The Harvard Business Review called it “the sexiest job of the 21st century”.
If there’s one field that’s critical to the future success of enterprise, it’s Data Science. Data Science career growth has exploded over the last few years. In fact, the Bureau of Labour Statistics projects a 36% employment growth for data scientists from 2023 to 2033.
Data Science for beginners is also an accessible field of study. You don’t have to be a coding expert to get started, or even work in tech. RMIT Online’s Graduate Certificate in Data Science can be completed in 8 months, and there are short courses (like Data Privacy Management) which only take 6 weeks.
Here are some careers that draw on Data Science skills:
The truth is, there’s an increasing gap as industry scrambles to find trained Data Scientists. Data Science roles have grown 650% since 2012, and SEEK is projecting another 11% growth over the next 5 years. All of this points to Data Science being a secure, long-term profession.
Science has excellent wage potential. According to Seek, the average Data Science base salary is around AU$125,000. There’s also a well-documented Data Science skills gap in Australia, which gives graduates a stronger market position.
Ten years ago, Data Science was considered a niche field, but that’s no longer the case. Most companies now rely on Data Scientists to optimise their decision making. This means you can potentially work in almost any industry, from retail and marketing to health science and research.
Scientist has been one of Glassdoor’s best careers for job satisfaction for several years now. In fact, Glassdoor has listed Data Scientists as among the top three of the 50 Best Jobs in America for the past seven years in a row. The high base salary and career progression opportunities make Data Science a highly coveted field.
In Data Science, you’re not bound to work in a particular industry, or even a particular role. You can use your skills to become a Data Scientist, sure, but you can also be a Data Analyst, Data Engineer or Machine Learning Engineer. The options are almost endless.
Why learn Data Science? The short answer: Data Science careers are trending upwards. Both in terms of demand and salary expectations. It’s a career that allows you to travel, work overseas, and even join global giants like Uber, Apple and Amazon. With governments clamping down on data regulation, the need for qualified Data Scientists will only increase over time.
There are lots of options for the skilled Data Scientist. Here are just a few:
Learning Data Science for beginners isn’t as tricky as you might think. Most RMIT Online courses can be completed without prior knowledge or experience. You’ll quickly learn the fundamentals of Python programming, analytics, data wrangling and visualisation. On completing the course, you’ll have a job-ready Data Science qualification.
Our learning content is purpose built for online study and our curriculum is divided into easy-to-follow units. Each unit combines interactive webinars, 1-on-1 tutorials, group work and practical tasks. The ultimate goal is to give you the skills you need for a career in Data Science.
Here’s a taste of what you’ll need:
This is the best place to start your Data Science journey. Read as much as you can. Ask questions. Contact one of our RMIT Online course counsellors. You can find all of our Data Science news and coverage below.
Want to read more about Data Science? Check out our interesting blogs below!
RMIT Online is one of Australia’s top Data Science training providers. We offer a range of Data Science courses and Data Science certificates, depending on your career goals and experience.
If you’re just starting out, have a look at our Graduate Certificate in Data Science. After that, you can broaden your knowledge with our Master of Business Analytics and AI Strategy and Data Privacy short course.
The beauty of Data Science is that it touches on all sorts of other fields: Artificial Intelligence and Machine Learning, Python programming, Business Analytics, UX design and heaps more. A foundational knowledge of Data Science will hold you in good stead almost anywhere. If you’d like to explore RMIT Online’s related courses, check out some of the programs below.
Learn how to interpret and present information and drive data-driven decisions with our Business Analytics minor.
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RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business.
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