DATA SCIENCE AND BUSINESS ANALYTICS – JOB POSITIONS

 Data Analyst

The Data Analyst focuses on exploring and interpreting data. Skilled in analyzing and communicating insights, the Data Analyst works with historical and present data to answer the “what” and “why” of business phenomena. They create reports and visualizations for descriptive and diagnostic analysis to support decision-makers in the company, assisting with strategy development and monitoring the performance of campaigns and business operations. They collaborate with marketing, sales, finance, and IT departments and assist Data (or AI) Engineers or Data Scientists in preparing complex datasets.

Salaries for this role vary significantly[1]. Junior positions can expect a salary between €25,000 and €35,000 annually in Europe, while senior positions can earn between €50,000 and €70,000+ in Europe; between $60,000 and $80,000 annually for a junior, and between $110,000 and $150,000+ for a senior globally.

 

Data Scientist

The Data Scientist is a professional who works with structured and unstructured data to build machine learning models and apply advanced algorithms. Focused on the future, they are the go-to person for company strategy development and are in high demand in environments requiring Artificial Intelligence, prediction, and optimization.
This role has annual gross salaries ranging from €40,000 to €60,000 for junior positions in Europe, and from $70,000 to $100,000 globally. For senior positions, salaries range from €80,000 to €110,000 in Europe and from $120,000 to $150,000 globally.

 

Business Analyst

The Business Analyst is a professional who analyzes business processes to identify problems and opportunities and proposes AI solutions to improve efficiency, optimize processes, and reduce costs. This is a key role in connecting business needs and technological solutions.

The Business Analyst is skilled at mapping business processes and creating business cases to assess the feasibility of new technological solutions. They collaborate with technical and development teams to implement AI and monitor the new processes. They also train employees on new tools and their use.

A junior Business Analyst in Europe can expect a salary between €30,000 and €45,000, while a senior can earn between €70,000 and €100,000+. Globally, junior salaries range from $55,000 to $75,000/year, and senior salaries range from $100,000 to $130,000+.

 

Business Intelligence Manager

The BI Manager is responsible for supervising and managing all activities related to data collection, analysis, and interpretation within the company to optimize procedures and strategic decision-making. With a blend of technical, analytical, and managerial skills, the Business Intelligence Manager develops Business Intelligence platforms and software, manages the integration of data from other systems, analyzes data to identify trends and patterns, and reports results to various departments. They also manage BI analyst teams.

A Business Intelligence Manager can expect annual earnings between €25,000 and €40,000 for a junior position, and between €50,000 and €90,000 for a senior profile in Europe. In the USA and globally, junior salaries range from $50,000 to $70,000, and senior salaries range from $90,000 to $150,000.

 

Project Manager in ambito Data Science

A Project Manager in Data Science manages projects related to data analysis, machine learning, and associated technologies. Their main focus is to coordinate data scientists, analysts, and data engineers to ensure projects are developed on time and within budget. Capable of managing both the project and human resources, the Project Manager in Data Science supervises the entire process and communicates with business stakeholders.

In Europe, a junior Project Manager in this field can earn between €35,000 and €50,000 annually, while a senior position can earn between €60,000 and €100,000 annually. Globally, junior salaries range from $60,000 to $85,000/year, and senior salaries range from $100,000 to $150,000/year.

 

Data Analytics Consultant

A Data Analytics Consultant assists companies in developing data-informed strategies. They understand client needs and are skilled in gathering and analyzing data to provide strategic insights, process optimization, and performance improvement. By developing analytical models, they create understandable reports for clients to offer strategic consultancy and support in training company personnel.

A junior Data Analytics Consultant in Europe can earn between €30,000 and €50,000 annually, while a senior consultant can earn between €80,000 and €100,000. Globally, junior salaries range from $55,000 to $80,000, and senior consultants with experience in high-demand sectors such as finance and tech can earn between $90,000 and $140,000 annually.

 

[1] for all the professional roles analyzed, salaries vary depending on

– Sector: Hi-Tech, finance, automotive and healthcare are the fields of application of these professional figures that are on average more remunerative.

– Experience and skills: specializations such as deep learning and NLP significantly increase compensation.

– Country and city: in the main European capitals (London, Berlin, Paris) salaries are on average higher than in the rest of the EU. For the global market, we consider the advanced non-EU countries, averaging salaries in the USA, South America, China and Russia.

 

Sources: Glassdoor, AIJobs, Wexford