Data analytics is a developing technology industry that provides a number of profitable opportunities to committed professionals. According to the Bureau of Labor Statistics, the number of information and research scientists, including data analysts, will increase by 22% between 2020 and 2030, over three times faster than the average job. Earning the Certified Analytics Professional (CAP) certification is one method to stand out in this rapidly growing industry. This certification can help professionals in their early to mid-career stages of data analysis.

The exam includes seven topics, such as business problem framing, analytics problem framing, and technique selection. Earning CAP certification allows you to demonstrate relevant abilities and a dedication to the field. This valuable certification for analytics work might lead to new chances or development.

What Are the Requirements for the Certified Analytics Professional Certification?

To sit for the CAP certification exam, applicants must meet minimum education and experience requirements. All applicants must master the soft skills required for analytics professionals, commit to the CAP Code of Ethics, and pass the CAP exam. Candidates must first apply and be approved to take the CAP exam.

Education and experience requirements

Applicants must meet one of the following three criteria:

  • Bachelor's degree in a related field with at least five years of experience
  • Bachelor's degree in any unrelated field with at least seven years of experience
  • Master's degree in a related field with at least three years of experience

Other certification requirements

  • Employer confirmation of soft skills mastery
  • Pledge to adhere to the Code of Ethics
  • A passing score on the CAP exam

What Skills Will I Learn with the Certified Analytics Professional Certification?

While preparing to earn CAP certification, candidates develop top skills they can translate into many business sectors.

The seven areas tested on the CAP exam are:

  • Business problem framing
  • Analytics problem framing
  • Data
  • Methodology selection
  • Model building
  • Deployment
  • Lifecycle management

These demonstrate proficiency in complex skills like:

  • How to define and prioritize complex business problems
  • How to translate business problems into terms that can be solved with data and modeling
  • How to build successful models

Analytics are essential in many settings, from large corporations to government agencies. Certified workers can pursue career opportunities across sectors.

Is the Certified Analytics Professional Certification Worth It?

The Certified Analytics Professional certification can provide a significant career boost for early to midcareer professionals. For data scientists and other analytics professionals, CAP certification is a way to show off skills and get ahead in the workplace.

Earning the CAP certification also helps professionals gain new skills and ideas that can be applied to workplace problem-solving. CAP certification can also lead to advancement opportunities and the potential for higher pay.

What Jobs Can I Get with the Certified Analytics Professional Certification?

Workers who earn the CAP certification can stand out in their field or start a new career. Here are some of the most common jobs for CAP certification holders:

Data Scientist

U.S. Median Annual Salary (May 2021): $100,910

Data scientists and data analysts use data to solve problems and guide business decisions. Key responsibilities of data science jobs include data collection, cleaning, and organization to provide meaningful insights. These professionals can use data to answer specific questions or provide advice to company leadership.

This position requires a bachelor's degree or higher. CAP certification is useful but not required.

Computer Information and Research Scientist

U.S. Median Annual Salary (May 2021): $131,490
U.S. Projected Job Growth (2020-2030): 22%

Computer information and research scientists can find careers across sectors. Their primary role is to design innovative uses for new or existing computer technology. Skills gained in data analytics, such as by pursuing CAP certification, can lead to career advancement and new insights for computer information and research scientists.

This career usually requires a master's degree. CAP certification is useful but not required.

Operations Research Analyst

U.S. Median Annual Salary (May 2021): $82,360
U.S. Projected Job Growth (2020-2030): 25%

Operations research analysts use data, analytical methods, and advanced mathematics to solve complex problems. Critical thinking and strong problem-solving skills are essential for this career. Operations research analysts may work closely with company leadership to solve problems.

Workers in this role must have a bachelor's degree. CAP certification is useful but not required.

Management Analyst

U.S. Median Annual Salary (May 2021): $93,000
U.S. Projected Job Growth (2020-2030): 14%

Management analysts work to improve an organization's efficiency and reduce costs. This business analytics job uses analytical problem-solving, model building, and deployment skills. CAP certification verifies abilities needed to advance in this career.

This position requires a bachelor's degree. CAP certification may be required for certain positions.

Information Security Analyst

U.S. Median Annual Salary (May 2021): $102,600
U.S. Projected Job Growth (2020-2030): 33%

Information security analysts work to protect an organization's network and computer systems. Problem-solving skills are essential to investigate breaches and check for vulnerabilities in computer systems. Job responsibilities include using software, data encryption, and firewalls to protect computer systems.

A bachelor's degree is required for this role. CAP certification can enhance a worker's skills and career opportunities.

How Much Money Can I Make with the Certified Analytics Professional Certification?

Becoming a certified analytics professional can help early and midcareer workers advance in their careers. While the exact financial benefit is difficult to quantify, the CAP certification can stand out on a resume or help workers qualify for promotions or raises.

The median salary for careers where CAP certification may be relevant ranges from roughly $65,000-$127,000. However, an individual's salary can be impacted by many factors, including their location, experience, education level, and role.

Posted 
Jan 2, 2023
 in 
Business
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