Careers & Salary

According to the most recent report from the U.S. Bureau of Labor Statistics, employment of computer and information research scientists is projected to grow 19% from 2016 to 2026, much faster than the average for all occupations.

Students who complete our Master of Science in Health Data Analytics enter a variety of entry-level and mid-career analyst positions within the healthcare industry.

Career CategoriesPossible Job Titles
  • Hospitals
  • Medical Centers
  • Research Institutions
  • Startups
  • Government Health Agencies
  • Global Health Organizations
  • Clinical Data Analyst
  • Director of Clinical Informatics Research
  • Statistical Analyst
  • Senior Programmer Analyst
  • Advanced Research or Clinical training
  • Clinical Manager
  • Data Architect
  • Clinical Information Manager
  • Medical Director
  • Software Development Engineer
  • Program Director
  • Clinical Instructor
  • Director of Billing
  • Compliance Quality Specialist
  • Chief Medical Officer
  • Clinical Informatics Officer
  • Data Analyst
  • Health Informatics Director

Employment Rate & Salary Information for Graduates

According to U.S. Bureau of Labor Statistics, the median annual wage for computer and information research scientists was $114,520 in May 2017. Big Data captures not only a wide swath of high technology KSAs, but also has attracted the attention of the high finance press corps. 

Forbes Magazine Tech Section notes: “Workers who use big data are employed by many kinds of institutions and in many different industries:  government, businesses, financial institutions, healthcare, scientific research facilities, colleges and universities, and others. The collection and use of big data continues to expand in all of these.” (Forbes Magazine, December 29, 2013)

In 2015 the Mckinsey Group stated: “Analyzing large data sets—so called big data—will become a key basis of competition, underpinning new waves of productivity growth, innovation, and consumer surplus as long as the right policies and enablers are in place. Research by MGI and McKinsey's Business Technology Office examines the state of digital data and documents the significant value that can potentially be unlocked. However, companies and policy makers must tackle significant hurdles to fully capture big data's potential - including a shortage of skilled analysts and managers. The United States alone faces a shortage of 140,000 to 190,000 people with analytical expertise and 1.5 million managers and analysts with the skills to understand and make decisions based on the analysis of big data.” 

The most recent information regarding demand for data analytics is from IBM Corporation:

  • Jobs requiring machine-learning skills are paying an average of $114,000. Advertised data scientist jobs pay an average of $105,000 and advertised data engineering jobs pay an average of $117,000.
  • 59% of all Data Science and Analytics job demand is in finance and insurance, professional services, and IT. These include population health and health insurance industries.
  • Annual demand for the fast-growing new roles of data scientist, data developers, and data engineers will reach nearly 700,000 openings by 2020.
  • By 2020, the number of jobs for all US data professionals will increase by 364,000 openings to 2,720,000 according to IBM.
  • Data Science and Analytics jobs remain open an average of 45 days, five days longer than the market average.
  • Perhaps most notably from the IBM market assessment is the statement “…59% of the jobs will be in insurance.” Notably, more than half of the insurance jobs are in the health insurance sector, which requires experience in health data analytics.

Sources:
http://universitycollege.du.edu/hc/degree/masters/health-data-informatics-and-analytics-online/degreeid/526#careers
https://www.bls.gov/oes/current/oes151111.htm#st
https://www.bls.gov/ooh/computer-and-information-technology/computer-and-information-research-scientists.htm

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