Data analytics is a hot topic in the world today, and with good reason. Collecting, processing, and using information can mean the difference between success and failure in the business world — particularly for organizations in competitive industries.

Data analysts fulfill a critical role in today’s workspace. However, top-shelf data experts come at a price. That's why data analytics apprenticeships are becoming increasingly popular among students, employers and universities. They help companies decrease turnover rates, improve productivity and build a diverse workforce.

In this article, we’ll explain everything you need to know about what a data analytics apprenticeship is, how it works and how it can benefit students, employers and universities alike. We'll also offer some guidance on how you can get started with a data analytics apprenticeship today.

What is a data analytics apprenticeship?

A data analytics apprenticeship is a structured study program that equips participants with the knowledge and skills required to become experts in data management.

Unlike a traditional university degree, which can take 3-5 years to complete, data analytics apprenticeships combine classroom learning with workplace experience to train individuals for the real-world challenges of the workplace.

Data analytics apprenticeships allow participants to earn while they learn by combining on-the-job training with classroom instruction in data collection, management, and analysis best practices.

What are the benefits of a data analytics apprenticeship?

For students, a data analytics apprenticeship is a great way to get into the tech industry. You'll learn new skills and gain the experience required to break into the industry. Plus, you can use your apprenticeship as a stepping-stone to further your studies at university or college.

For employers, a data analytics apprenticeship is an excellent opportunity to secure rising talent, equip their data teams with the best and brightest students and ensure that the company is prepared for the data analytics challenges of tomorrow.

For universities, a data analytics apprenticeship can attract new students, enhance graduation rates and provide an excellent opportunity for the school to partner with industry-leading companies in the tech sector.

Let's briefly review each of these benefits in more detail, to clearly identify how a data analytics apprenticeship can benefit you now and in the future.

How does a data analytics apprenticeship benefit students?

One of the biggest benefits of becoming a data apprentice is that you can get a job. While this may seem obvious, there's more to it than just getting a paycheck; data analytics apprenticeships are known for providing high-paying jobs in growing fields that have traditionally been difficult to break into.

In fact, data apprenticeships are one of the best ways to break into the industry and earn a position at a top organization.

How does a data analytics apprenticeship benefit employers?

Employers who want to hire skilled workers in data analytics sometimes face an uphill battle. Steep competition for a small pool of available data specialists means high prices for industry talent. One way to get around this issue is to hire a data analytics apprentice, one trained to handle modern data challenges.

Employers who hire data apprentices partner with emerging tech specialists with proven track records, ready to make their mark on a still-developing data analysis landscape.

As an employer, bringing on a data analytics apprentice also ensures that your new hires are up to date on all of the latest tools, technologies and best practices used in the industry. This familiarity helps greatly reduce the odds of bringing on ill-qualified candidates.

How does a data analytics apprenticeship benefit universities?

A data analytics apprenticeship provides a bridge between academia and industry, allowing students to develop technical skills and gain working experience in the industry.

Data analytics apprenticeships can be beneficial for universities in several ways. First, they provide a way for graduates to gain paid employment before graduating, thus increasing the number of successful graduates. Second, they allow universities to offer more relevant courses as employers seek graduates with practical experience.

A data analytics apprenticeship program also offers universities the exciting opportunity to partner with industry-leading companies in the tech sector.

How can I get started with a data analytics apprenticeship?

Pace partners with both employers and universities to facilitate data analytics apprenticeship programs. We partner with employers to provide them with access to apprentices educated through a Pace bootcamp and ready for employment. After thorough education with Pace,  apprentices are ready for employment with companies in need of today’s best data-related talent.

Pace also partners with universities to expand their current student curriculums. A Pace partnership allows universities to add bootcamps to their current course portfolio, creating empowered, well-prepared apprentices then made available to employers upon graduation. This increases the number of successful graduates and can attract new students from far and wide.

Partner with Pace — an industry leader in the data analytics apprenticeship space — if you’re an employer or university looking to gain access to a talent pool of the best and brightest upcoming tech talent. Connect with our Solutions team to get started today.