Data Science vs. Data Analytics: Understanding the Differences
Data science vs. data analytics
Similarities between data science and data analytics
Massive quantities of data
Differences between data science and data analytics
Database manipulation and management
Questions and answers
Data science vs. data analytics: education and skills required
Data science technical skills
- Computer science
- Programming languages
- Data modeling and visualization
Data analytics technical skills
- Data warehousing and analytics
- Predictive modeling
- Data mining
- Data visualization tools
Data science vs. data analytics: career and salary outlook
- Actuary. Sometimes called the first data scientists, actuaries evaluate risk through financial, statistical, and mathematical analyses. The median wage for actuaries was $111,030 in 2020, per the BLS.
- Computer systems analyst. Computer systems analysts work closely with both management and IT and use data analysis to solve problems, identify trends, and make recommendations to senior leaders. The median wage for computer systems analysts was $93,730 in 2020, according to the BLS.
- Pricing analyst. Pricing analysts use data modeling and algorithms to test pricing models and make recommendations. According to PayScale, the median pay for pricing analysts was just over $58,000 as of April 2021.
- Management analyst. Management analysts examine financial and operational data and look for ways to make improvements. The median wage for business analysts was $87,660 in 2020, according to the BLS.
- BI analyst. Business intelligence analysts, classified as operations research analysts, use data modeling and advanced data science techniques to turn data into actionable insights for business. The median wage for operations research analysts was $86,200 in 2020, according to the BLS.
- Financial quantitative analyst. Also known as “quants,” quantitative analysts are best known for building the algorithms that drive stock trading, but they also work in many industries to provide the data to support strategic business decisions. The median wage for financial analysts was $83,660 in 2020, per the BLS.