How to Become a Data Analytics Manager in 2024? Complete Guide



29 May, 2024

How to Become a Data Analytics Manager in 2024? Complete Guide

Are you someone who’s excited about analysing and making quick decisions? If you are a data enthusiast with a passion for succeeding ahead then the Data Analytics Manager role is the right fit for you!

Come along with us as we discover how to become a Data Analytics Manager, job roles, salary, placement and recruitment.

From an average salary of INR 12 Lakh per annum to INR 26 Lakh per annum. You can become the next top data analyst. Follow these steps to become the next Data Analytics Manager.

Who is a Data Analytics Manager?

A Data Analytics Manager is someone who oversees a team of data analytics and makes sure that the data is collected, analysed, and interpreted to support present and future business decisions. A data analytics manager holds hard skills in data science, statistics and computer science.

A data analytics manager is someone who also has polished soft skills such as strong communication, leadership roles, problem-solving skills and quick decision-making skills.

Lastly, Data Analytics Managers are responsible for translating complex data into actionable insights for stakeholders, helping businesses make informed decisions.

Which Data are we talking about?

There would be different types of company and team data that you would be responsible for looking after. These  are the types of data that you would be managing as a Data Analytics Manager:

  • Customer Data: Details about your customers, like demographics, behaviour, and interactions with your business.

  • Sales Data: Information on your sales transactions, revenue, and customer purchase history.

  • Operational Data: Data about your internal processes, like supply chain, inventory, and production.

  • Financial Data: Your financial records, including income statements and cash flow.

  • Marketing Data: Data from your marketing campaigns, showing customer engagement and advertising performance.

  • HR Data: Information about your employees, like performance and turnover rates.

  • External Data: Data from external sources, like market research and industry reports.

  • Sensor/IoT Data: Data from sensors and IoT devices.

What Do They Do?

Now that we have covered who is a Data Analytics Manager, let us take a look at what exactly a Data Analytics Manager does. What is their job role? And look at the specifics of the job responsibilities that come along with the role.

These are some of the tasks that you would do as a Data Analytics Manager:

  • Actively designing and implementing data analysis strategies.

  • Managing all the data collection and ensuring data quality.

  • Leading data-driven projects and guiding your team.

  • Developing data visualisation and presentation materials.

  • Communicating the gaps, actively finding and recommending better approaches.

How to Become a Data Analytics Manager?

In order to become a Data Analytics Manager there are three requirements suggested by some of the top recruiters based on the common eligibility.

Here are the requirements that you need to fulfill in order to become the next Data Analytics Manager:

1. Education

You should have at least a bachelor in BBA or a post-graduate MBA degree with 50% or above aggregate. These degrees should have subjects and specialisations focused on computer science, statistics, mathematics, business, or information technology

2. Experience

In order to get recruited at a top company and become a Data Analytics Manager, you are required to have a mid to higher level of experience in data analysis, business analytics, and data engineering.

The level of experience decides:

  • Your Job Role

  • Your Job Responsibilities

  • Your Pay Scale

  • Placement in a good company

3. Skills Required

To become a data analytics manager you need a set of combination of technical and soft skills. Here are some essential skills you would need:

Key technical skills include:

  • Proficiency in programming languages such as Python, R, SQL, or SAS.

  • Experience with data visualisation tools like Tableau or Power BI.

  • Knowledge of big data technologies like Hadoop and Spark.

  • Familiarity with machine learning concepts.

On the softer side, you need:

  • Strong communication and interpersonal skills.

  • Leadership and team management capabilities.

  • Problem-solving and critical thinking abilities.

  • Excellent time management and organisational skills.

Job Responsibilities and Roles

As a data analytics manager, your responsibilities are extensive and diverse. You lead your team in executing data projects and coordinate with other departments to ensure alignment with organisational goals.

Here are some of the essential key roles and responsibilities that you would be handling as a Data Analytics Manager:

  • Team Leadership: Lead, mentor, and manage a team of data professionals.

  • Data Strategy: Develop and implement data analysis strategies and ensure they align with business objectives.

  • Project Management: Oversee data projects, manage timelines, and ensure deliverables are met.

  • Data Quality: Ensure data accuracy and reliability through quality control measures.

  • Communication: Present data insights to stakeholders and provide recommendations for business decisions.

  • Cross-functional Collaboration: Work with other departments to ensure seamless data integration and communication.

Top Company Recruitment: Salary of Data Analytics Manager

In India, your salary may vary as a data analytics manager on the basis of many factors such as:

  • Experience

  • Location

  • Company size

  • Industry

  • Skills

Let’s take a look at the top companies in India and their average packages for a data analytics manager:

Company Average Base Salary (INR) Additional Cash Compensation (INR)
Accenture ₹12,00,000 – ₹24,00,000 ₹2,50,000 – ₹4,00,000
Deloitte ₹25,00,000 – ₹27,00,000 ₹1,10,349 – ₹3,40,000
IBM ₹1,00,000 – ₹2,00,000 ₹93,000 – ₹1,10,000
PwC ₹25,00,000 – ₹28,00,000 ₹2,50,000 – ₹3,50,000
Shell ₹39,00,000 – ₹61,00,000 ₹4,00,000 – ₹5,00,000
EXL Service ₹4,00,000 – ₹13,00,000 ₹1,00,349 – ₹2,00,000
Gartner ₹27,00,000 – ₹40,00,000 ₹2,50,000 – ₹4,00,000
Michelin ₹15,00,000 – ₹22,00,000 ₹1,50,000 – ₹3,00,000
Red Hat ₹19,00,000 – ₹21,00,000 ₹1,50,000 – ₹2,50,000
RSA Group ₹4,00,000 – ₹5,00,000 ₹1,00,349 – ₹2,00,000
GE Digital ₹16,00,000 – ₹20,00,000 ₹1,00,349 – ₹1,50,000
Aha! ₹27,000 – ₹33,000 per month ₹1,50,000 – ₹2,00,000
ChargePoint ₹15,00,000 – ₹17,00,000 ₹1,00,349 – ₹2,00,000
PharmEasy ₹6,00,000 – ₹7,00,000 ₹50,000 – ₹1,00,000
Home Credit India ₹13,00,000 – ₹15,00,000 ₹1,00,000 – ₹2,00,000
Novartis ₹93,000 – ₹1,00,000 per month ₹1,50,000 – ₹2,00,000
Lionbridge Technologies ₹42,000 – ₹48,000 per month ₹1,00,349 – ₹1,50,000
Adani Ports and Special Economic Zone ₹20,00,000 – ₹23,00,000 ₹1,50,000 – ₹2,50,000
Dr. Reddy’s ₹50,000 – ₹59,000 per month ₹1,50,000 – ₹2,00,000
Apple ₹44,00,000 – ₹51,00,000 ₹4,00,000 – ₹5,00,000

Logging Out

If you want to become a data analytics manager, then you should have education, skills and expertise in the field of data management. You would be required to hold soft skills such as strong communication, problem-solving and quick decision-making skills . The job role of a data analytics manager includes people management skills and hard skills such as managing data collection. You can get an average package of INR 12 lakhs to the highest package of 93 lakhs per annum. But are you taking the right steps to become the next best Data Analytics Manager? Take the next step today to become the best from the rest! Get set go!

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