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Employers of Business Analytics majors in VI
Cost estimators collect and analyze data in order to estimate the time, money, materials, and labor required to manufacture a product, construct a building, or provide a service. They generally specialize in a particular industry or type of product. Although cost estimators work mostly in offices, they often visit construction sites and factory floors. Some must work overtime to meet deadlines. A bachelor’s degree is generally required for entering the occupation. A few highly experienced construction workers may qualify without a bachelor’s degree. A strong background in mathematics is essential. The median annual wage for cost estimators was $58,860 in May 2012. Employment of cost estimators is projected to grow 26 percent from 2012 to 2022, much faster than the average for all occupations. Overall job opportunities should be good as cost-conscious firms continue to rely on cost estimates.
Management Analysts Conduct organizational studies and evaluations, design systems and procedures, conduct work simplification and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively. Includes program analysts and management consultants.
Cost Estimators Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.
Statisticians Develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as bio-statistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians.