Data scientists in the manufacturing sector may begin their career as a business analyst. Tasks typically include data collection and cross-platform reporting. These analysts collaborate with manufacturing and operations teams to define and improve operations and solutions while also working to enhance business processes.

These individuals analyze budget estimates for completeness, accuracy, and compliance with procedures and regulations. A particularly important aspect of their role involves reviewing monthly budgeting and accounting reports to ensure the organization is spending within authorized limits and making sound financial decisions.

These types of analysts examine market conditions to identify potential sales of a product or service. Businesses of all types rely on market analysts to forecast marketing and sales trends, research competitors, segment target audiences, and measure the effectiveness of marketing campaigns. 

Credit analysts study the credit data and financial statements of businesses and individuals to determine the degree of risk involved with extending credit or lending money. On a daily basis, they may prepare credit reports, work with clients to resolve complaints and verify transactions, and compare different organizations’ assets, profits, and credit histories.

Individuals working in management analytics often oversee their company’s data science efforts. They work with managers and owners, but also with investors and shareholders, to shed light into projections and estimations. They are relied upon to propose new procedures and organizational changes that will improve efficiency, reduce costs, and increase revenue.

These individuals work closely with advisors and CFOs to manage the financials of individuals and companies. They utilize data from multiple streams to create detailed reports while also guiding investment decisions. Their work is primarily focused on performance projection and financial forecasting. 

These more advanced analysts work to resolve complex issues and challenging situations in the daily operation of a business. Applying techniques such as machine learning, artificial intelligence, and data mining, they determine strategies for overcoming operational inefficiencies.

This career path allows you to be a key player in mitigating the risks related to cyber threats. Information security analysts evaluate data to determine areas of vulnerability and work with various stakeholders in their organization to resolve them.

Business intelligence directors mainly work for financial investment firms as well as larger data-dependent organizations. They may also work for software companies and retailers and in other fields such as health care, industrial applications, and even automobile manufacturing, where individuals create data forecasts and implement strategies for improvement.