Ignite Your Career in Analytics & Data Science
The Institute of Analytics (IoA) is your professional home for all things data. Whether you're a seasoned data expert, a student or simply interested in finding out more about analytics, the IoA is here to support you and help you navigate this changing world.
Did you know?
44% of workers’ core skills are expected to change in the next 5 years
due to the pace of technological developments that are happening
Source: World Economic Forum Future of Jobs Report 2023
Technological literacy has moved up as a skill in demand
from number 6 in 2023 to number 3 in 2024
Source: World Economic Forum Future of Jobs Report 2023
69% of business leaders believe that data analytics will be crucial
for future business growth
Source: PwC
The Impact of Data Science on the World
Data Science has important applications and profound impacts across various sectors, fueling advancements and reshaping how we experience the world. Examples include:
Clinical trials with AI
Leverage AI and machine learning to streamline clinical trials, enhancing the speed of new medicine development and improving patient care strategies
Tailored e-commerce experiences
Use data science to understand consumer behaviour and deliver a more personalised shopping experience
Optimised delivery and logistics
Big data can be used to refine delivery routes, leading to reduced costs and improved efficiency by analysing fuel usage, distances and delivery times
Predict weather and natural disasters
Machine learning models process data from IoT devices and satellite imagery to provide more accurate weather forecasts and predict natural disasters
Automate claims with data analytics
Insurance companies now use data science to predict repair costs from car accidents, automating the work of claims adjusters and increasing operational efficiency
Leverage real-time data
Uber’s machine learning enables ride-sharing efficiencies, dynamic pricing during peak demand predictive models for better customer support and demand forecasting
From optimising business models to forecasting the weather, data science’s versatility is key to modern innovation.
Plus, new roles are being added all the time for professionals with an understanding of data.
According to the US Bureau of Labor Statistics, continuing professional development (CPD) is the key to achieving salary increases and promotion.
It’s Important to Build Generalist Skills Before Specialist Skills
There is a shift happening in data science from generalised to specialised skill sets. Data scientists, especially professionals with specialisations, continue to see steady competitive wages. Domain knowledge is also becoming increasingly valuable to employers.
Before choosing to specialise into a subset of data science, it is essential to develop strong foundational skills.
Ensure that you are confident in:
-
Python
-
Data visualisation in Python
-
SQL
-
A business intelligence tool (Tableau, PowerBI)
-
Statistics
-
Machine learning theory
-
Soft skills, especially communication
Try to be familiar with:
-
R or Scala
-
Basic machine learning (Regression, Clustering, Forests)
-
Cloud computing principles (theory, not application)
Specialist Tools in High Demand This Year
How the IoA Supports Your Career
IoA is more than a membership organisation. We’re here to empower you to achieve your goals, staying ahead of the curve in this rapidly changing environment whilst ensuring you progress your career in the direction you choose.
Benefits of IoA Membership
Access to 1400+ hours of training to help you stay relevant and support your professional development
Thought leadership and important updates about the latest developments that could create opportunities for you/your business
The opportunity to propel your career in new directions via our Business Analyst and Data Analyst learning tracks and specialist tool kits
Training in professional practice, ethics, communication and leadership - the full package of fundamental skills to set your career apart
The IoA Analyst Competency Framework to help you structure your learning in line with industry expectations
Status and recognition within the data analytics community to showcase your commitment to ethical data practice and career progression
Coming in 2025
We have a number of developments that the team are working on this year to better support our membership, including:
Global Impact Training (ESG)
Learn to navigate complex regulatory requirements effectively by understanding ESG principles and best practice, ensuring compliance with government regulations while also leveraging ESG initiatives to drive sustainable business growth.
Extended support for specific industry sectors
Including insurance, fashion, food & drink as well as SMEs covering data analytics and AI.
Networking and online discussion forums
To connect with peers, share challenges and experiences and build your community.
AI Auditing Certification
Gain the specialised knowledge and skills required to assess, evaluate and audit AI systems effectively. By mastering AI auditing principles, your organisation can understand the need for transparency, accountability and ethical use of AI technologies within their organisations.
Jobs Board
A curated selection of premium job opportunities from top-tier organisations – your gateway to coveted roles and exciting career advancements.
Not yet an IoA Member?
Join here!
There are two ways to join the IoA to support
digital transformation in your business:
Corporate Partnership
Get recognised as a progressive company that operates ethically and for the investment you make in your staff who receive access to IoA Membership benefits
Support your team’s professional development and the needs of your business with access to 1400+ hours of training from beginner to advanced, ranging from the first steps moving away from spreadsheets and intuitive decision making to MLOps
Receive exclusive opportunities for enhanced visibility for your company and special rates for in-person events
Individual Membership
Gain recognition for your professionalism, achieve your goals and work towards attaining the highest levels with Chartered status
Access structured career progression with custom tracks (Business Analyst with R and Data Analyst with Python) and upskill with specialist Tool Kits including Analytics for Accountancy & Finance and Data Engineering
Stay up to date with advancements in technology, changes in regulation and thought leadership with our monthly webinar, masterclass series and insights