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Data Science Career Guide

This document provides an overview of the data science career path. It discusses industries with high demand for data scientists such as healthcare, finance, education, utilities/energy, and media. The document also outlines the fundamental skills required for a career in data science like computer science, machine learning, math, statistics, and software development. Finally, it addresses common questions around entering the data science field and provides tips for starting a career in data science.

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Harsha G H
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0% found this document useful (0 votes)
133 views19 pages

Data Science Career Guide

This document provides an overview of the data science career path. It discusses industries with high demand for data scientists such as healthcare, finance, education, utilities/energy, and media. The document also outlines the fundamental skills required for a career in data science like computer science, machine learning, math, statistics, and software development. Finally, it addresses common questions around entering the data science field and provides tips for starting a career in data science.

Uploaded by

Harsha G H
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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DATA SCIENCE

CAREER GUIDE
This guide aims to give you an in-depth analysis of the Data Science career path,
the global trends, the skills and qualifications you need, and more. Follow the
tips to kickstart your career in Data Science.
Table of Contents
Click Titles To Navigate

Introduction 03

A Step-By-Step Guide For Kickstarting 04


Your Career In Data Science

Industries With The Highest Demand 06


For Data Science Professionals

Top 4 Data Science Designations 08

Career Paths 10

Do You Need A Degree To Break Into 12


Data Science

What Is The Data Science Job Scenario 13


Worldwide

How To Start Your Data Science 14


Career

Fundamental Skills Required To Enter 16


the Data Science World

Do You Want To Build A Career In Data 18


Science

Contact Us
3
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What Is Data
Science?
Data Science is an interdisciplinary domain that amalgamates
the knowledge of statistics and software engineering to uncover
insights from raw data. It is a combination of Statistics, Mathematics,
programming, visualization, and most importantly, problem-solving.

The indusrty is expected to generate 11.5 million jobs by 2026.


4

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A Step-By-Step
Guide For Kickstarting
Your Career In
Data Science
Everyone wants to land their dream dynamic field, and of course, you
job without all the hustle that goes may feel quite intimidated when
into it. However, that simply isn’t thinking about pursuing a career in
possible. Sure, there may be some Data Science. However, when you
lucky individuals who got their de- consider the variety of job prospects
sired jobs without much effort. But and ever-increasing demand for
for most people, there is a process Data Scientists in different indus-
they need to go through, especially tries, you will realize that it could be
when it’s a field as complex as Data an incredibly lucrative career path.
Science.
There seems to be a great deal of
Data Science has a vast presence confusion about entering the Data
and you can find it in different ar- Science field. Are you also wonder-
eas like social media, eCommerce ing how to become a Data Scien-
stores, digital sensors, videos, and tist, but do not know how to quali-
much more. It is an incredibly fy? Well, you will be happy to learn
5
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that almost anyone can enter the


Data Science landscape as long
Machine
as they participate in the right Computer Learning Maths and
courses and have the correct Science/IT Statistics
knowledge. Data
Science
Software Traditional
Before we discuss the ins and Development Research
outs of becoming a Data Science
professional, let us discuss some Domains/ Business
fundamentals regarding the field Knowledge
itself.

More and more industries are


becoming aware of the plethora of Main Tasks You Will Perform
advantages that Data Science offers.
Because of this, the demand for Data • Maintaining dashboards and user
Science experts has been rapidly friendly databases
increasing since the past decade. • Gathering ample info and data
• Building algorithms
Business Intelligence professionals, • Solving complicated problems by
data analysts, and data visualizers are interpreting data
just some of the names people use • Presenting data to stakeholders with
instead of Data Scientists. easily understandable visualizations
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Some of you may be wondering which
industry Data Scientists work in, well the

Industries With answer is simple – everywhere. As men-


tioned before, the demand for these ex-
The Highest perts is present in almost every indus-

Demand For try. However, let us narrow things down


and discuss the industries that have
Data Science the highest demand for Data Scientists.

Professionals
8,27,467 The Average Salary of
a Data Scientist

Healthcare
Big data has become an essential part
Image Construction of modern healthcare, resulting in an
Genomic Strand Analysis increased demand for Data Scientists. In
Drug Discovery case you are wondering, Big Data is a vital
Predictive Analysis for Patient Care enabler for discovering modern solutions,
Health monitoring
providing quality care, and improving the
overall efficiency of how most healthcare
facilities operate.

Data Scientists in the healthcare sector know all about


Python, Machine Learning , Statistics, and so on. Need-
less to say, you will need to work on your data mining
to become a valuable asset to the healthcare sector.

Insurance, Finance, and Banking


The insurance, finance and banking industry has arguably
Risk Modelling the highest demand for Data Scientists. In order to
Fraud Detection
Customer Lifetime Value become a data expert in this field, you will need to acquire
Customer Segmentation knowledge about how financial domains work along with
Recommendation information about profitability, portfolio management,
Engines, Real time risk analysis, and so on. You will require a three to four
Predictive Analytics
years of experience to become a Data Science in the
finance sector.
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Education
You’d be surprised to learn that Data Science is quite effective for
Alumni Engagement helping students improve their academic skills. In addition, it also
Efficient Grading
helps innovate class curriculums, analyze student requirements, and
Program Customization
Interaction Assessment gauge the performance of students and teachers. Several educational
Plagiarism Spotting institutions utilize Data Science for reducing drop out rates,
understanding educational issues, and much more.

Utilities and Energy


Data Science and Big Data’s transformative powers are quickly
changing utilities and energy industry. Data Analytics has proven to be
Avoiding Power Outage
Productivity Improvement quite effective for finding unconventional sources of energy, reducing
Avoiding Accidents the costs while saving loads of money that would otherwise be spent
Reducing Costs on needless exploration and drilling. What’s more, Data Science also
helps avoid power outages, improve productivity, avoid accidents, and
much more.

Communications and Media


Media giants like Netflix, Amazon Prime and YouTube were among the
Personalised Marketing
first in implementing data science and taking full advantage of it. This
Customer Sentiment Analysis
Real-Time Analytics helped them offer customers with personalized recommendations,
Content Distribution helping them find the content they liked. Now, the communications
Object Classification and media industry became heavily reliant on Data Analytics, resulting
Customer Insights Collection
in an increased need for skilled Data Scientists in the media and
communication playing field. In this industry, Data Scientists utilize
Artificial Intelligence and Machine Learning as strategies to determine
a company’s entertainment and media initiatives.

Retail
Product Assortment Despite the layoffs and closures caused by the global pandemic, the
Churn Prediction demand for Data Science experts remains high in the retail world.
Product Management
Predictive Maintenance Improving relevance and personalization helps the customer centric
Demand Forecasting retail industry comprehend the buyer’s patterns and behaviours by
Product Affinity Ananlysis utilizing data.

Manufacturing
Fault Prediction Data Science has been quickly becoming crucial for manufacturers in
Supply Chain Optimization the present day, as it offers loads of benefits. If you aspire to have
Price Optimization a lengthy career as a Data Scientist, opting for the manufacturing
Factory Automation
Inventory management
industry would be a great idea.

Top Companies
Hiring Data Science
Professionals
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While Data Science is incredibly
popular these days, it is still
emerging and there is very little
precedence when it comes to titles or
designations. This is because most

Top Four companies are flexible with career


paths and profiles. Therefore, a large
Data Science number of aspiring Data Scientists face
difficulty when trying to identify job
Designations profiles that would suit their skills.

That said, here is a look at four


essential designations in this field:

Primary Skills
1. Data Analysis
2. R
Data Scientist 3. Python
4. Data Mining
The role of an out and out Data 5. Machine Learning
Scientist is arguably the highest

The State of the Data Scientist


in demand. Business Intelligence Educational Backgrounds
professionals and market analysts are 1. Computer Science
also a couple of terms used in place 2. Business Admin
3. Statistics
of Data Scientist. Finding key insights 4. Mathematics
by comprehending raw data and 5. Physics

explaining it in an easy to understand


way, are a couple of primary tasks Education Level
that you will be performing as a Data 20% Bachelors

Scientist. 42% Masters


38% PhD

In addition, Data Scientists have to


identify patterns, develop models Industry Growth

for machine learning, and determine


# of Data Scientists

2X
data trends. Aspiring scientists must Growth

brush up on their mathematics, data Last 4 years

modelling, statistics, R programming,


or Python skills. Industries Employing Data
Scientists
1. Information Technology
2. Internet
3. Computer Software
4. Education
5. Banking & Financial Services
Data Analyst 9
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The terms “analytics professional” or


“business analyst” are often used to describe
a Data Analyst. Many organizations use these MATLAB
Data
R
designations when they require individuals Cleaning

with highly technical skills. The main job of a Critical Data


Data Analyst is to leverage a company’s data Thinking Visualization

for gaining actionable insights to make vital DATA


Strong ANALYST
decisions. Microsoft SKILLS Communication
Excel Skills

If you want to become a Data Analyst, consider Linear


Python
honing your presentation skills, database- Algebra &
Calculus
cleaning skills, R or Python Program etc. Machine SQL &
Learning NoSQL

Data Engineer
Also known as Quantitative Analysts or Data
Architects, Data Engineers are often the
Software
backbone of an organization as the main Engineering ML Deployment
purpose for hiring them is to work on software Big Data
Data
development. Besides the basic business Engineering
Programming
acumen and presentation, a Data Engineer
should be familiar with R programming, Python, Business
database management, and Hadoop.
ML
Modeling
Database
As a Data Engineer you will collaborate with the
organization’s core infrastructure and will be Statistics
Data
Data Wrangling
responsible for maintaining data flow, making Visualization

sure the correct department gets relevant


information.

Business Intelligence Developer LAYERS IN BI SYSTEM


Also referred to as Systems Analysts or Machine Data source layer

Learning Engineers, Business Intelligence Warehouse layer


Databases
Developers must have a clear understanding Extraction Cloud-Storages
about the fundamentals of IT and the analytics Third-party
department. The key responsibilities of a data
Data
Business Intelligence Developer is to maintain, Transformation Seperate files

deploy, and develop business intelligence


interfaces including interactive dashboards, Loading Reporting layer
data visualizations, ad hoc reporting, data
modelling tools, query tools, and much more. Data
Visualization
Database / Interactive
Consider brushing up on your R programming, Data Warehouse Dashboards

Python, Hadoop, Github, and fundamental Reporting Tools


machine learning techniques to excel in a career
as a Business Intelligence Developer.
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Career Paths

Data Scientist
Junior Senior Product
Data Scientist Data Scientist Manager
Avg. Sal INR 7 LPA Avg. Sal INR 14+ LPA Avg. Sal INR 50+ LPA
Skills Python, Pandas, Skills Python, Pandas, AWS, Skills Python, R, C++, AWS, Tableau, Google
AWS, R, Maths R, Modelling Cloud Management Skills, Project
Statistics Project Experience Experience, Data Visualization

0-2 years 4-8 years 10-15 years

2-4 years 8-10 years 15+ years


Associate Lead Director
Data Scientist Data Scientist Avg. Sal INR 50+ LPA
Avg. Sal INR 12+ LPA Avg. Sal INR 22+ LPA Skills Python, R, C++, AWS,
Skills Python, Pandas, Skills Python, AWS, Tableau, Google Cloud
AWS, R Modelling Tableau, Google Cloud Management Skills,
Management Skills, Project Experience,
Project Experience Data Visualization

Data Analyst
Junior Product Director/
Data Analyst Manager VP/SVP
Avg. Sal INR 6 LPA Avg. Sal INR 15+ LPA Avg. Sal INR 50+ LPA
Skills Python, R, Tableau, Skills Python, R, Tableau, Data Skills Python, R, Tableau, Google Cloud
Data Modelling Modelling, Project Experience, Management Skills, Project Vision,
Data Visualization Project Experience, Data Visualization

0-2 years 4-8 years 15+ years

2-4 years 8-15 years


Associate Lead
Data Analyst Data Analyst
Avg. Sal INR 11 LPA Avg. Sal INR 20+ LPA
Skills Python, R, Tableau, Skills Python, AWS,
Data Modelling, Tableau, Google Cloud
Project Experience Management Skills,
Project Experience,
Data Visualization,
Data Modelling
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Data Engineer
Junior Senior Product
Data Engineer Data Engineer Manager
Avg. Sal INR 6 LPA Avg. Sal INR 13+ LPA Avg. Sal INR 20+ LPA
Skills Python, Hadoop Skills Hadoop, Python, Database, Skills Hadoop, Python, Database, Cleaning
Cleaning Skills, Database Skills, Database Management,
Management, Visualization/BI Presentation Skills, Visualization,
Business Acumen
0-2 years 4-8 years 10-15 years

2-4 years 8-10 years 15+ years


Associate Lead Director
Data Engineer Data Engineer Avg. Sal INR 50+ LPA
Avg. Sal INR 11 LPA Avg. Sal INR 15+ LPA Skills Python, R, C++, AWS,
Skills Hadoop, Python, Skills Hadoop, Python, Tableau, Google Cloud
Database, Cleaning Database, Cleaning Skills, Management Skills,
Skills Database Management, Project Experience,
Visualization/BI Data Visualization

Business Intelligence Developer


BI Developer HOD/Team
Avg. Sal INR 7 LPA
Lead Director/ VP/SVP
Skills Hadoop, Python Avg. Sal INR 20+ LPA Avg. Sal INR 40+ LPA
Skills Python or R Programming, Skills Python or R programming, Data modelling,
Data Modelling, Notebook, Creative Models, Notebook, Github,
Visualization/BI Business Acumen, Visualization/BI

0-4 years 8-10 years 15+ years

4-8 years 10-15 years


Senior BI Product
Avg. Sal INR 12 LPA Manager
Skills Python or R Avg. Sal INR 20+ LPA
Programming,
Skills Python or R Programming, Data
Notebook, Github
Modelling, Creative Models, Notebook,
Github, Visualization/BI
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Do You Need A Degree To Break
Into Data Science?
No, you don’t need a degree to land is no need to worry. In most cas-
a Data Science job. However, you es, getting hired for the first time
will need to work incredibly hard in this field can be tough. Howev-
to gain knowledge about this field. er, once you prove your worth, the
Learning to code, analyze, mod- wait will be worth it.
el, and work with different types
of data without any fundamental OdinSchool is a leading provider
knowledge can be very difficult, but of career training in Data Science.
it isn’t impossible. It will help you learn the statistical
skills and foundational coding, set-
If you have all the knowledge need- ting you up for a successful career
ed to land a job as a Data Scientist in Data Science.
but aren’t able to find one, there

01 03 05
Join Meet
Develop Your
Competitions Fellow Data
Intuition
Scientists

02
Attend a
Bootcamp or
04
Do an Have a Pet
Internship Project

Final Thoughts
The demand for Data Science
profesionals these days is
tremendous, and you will find
no shortage of opportunities in
the current job market.
13
Contents

Indian Market

103 K Big Data

68 K Data Analyst

120 K Data Scientist Intern

109 K Quantitative Analyst

138 K Senior Data Scientist

What’s The
Data Science
Job Scenario Worldwide?

It must be abundantly clear by now that Data Scientist’s role in an


organization’s overall success is critical, regardless of the industry or
size. It is one of the reason why there has been a massive increase in Data
Science jobs over the past few years.

Analytics Insights suggests that the satisfaction because of its tremen-


Data Science market could become a dous salaries.
multi billion dollar industry by 2023.
The United States has the highest While the economy is still feeling the
number of Data Science profession- effects of the global pandemic, the
als across the globe. What’s more, the Data Science job market in the United
famous online job search company States continues to be a ray of hope,
Glassdoor claimed that Data Science with more people planning to enter
jobs had a high percentage of job this field.
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Do you have a passion for Data Science?
Do you like converting raw data and use it to solve complex problems?
If yes, then you should consider going after a career in this field.

How To Start Your


Data Science
Career?
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1 Mathematics Programming 2
Statistics | Probability | Calculus Python | R | SAS
Get an in-depth understanding Understand and get hands-on
of mathematics that forms the experience in programming
basis of every numerical languages to implement
computation and various algorithms.
algorithm in Data
Science.

3 Database Knowledge Data Engineering 4


Oracle | MySQL | Cassandra Data Processing | Data Wrangling | SQL
Have a sound database Master data engineering skills
knowledge to deal with the to clean and process a massive
structured data stored in amount of data to avoid
RDBMS. missing values.

5 Machine Learning Deep Learning 6


Supervised Learning | Tensor flow | Artificial Neural
Unsupervised Learning | Network | Deep Belief Network |
Reinforcement Learning Generative Adversarial Network
Get thorough understanding of
Learn and impliment machine
Deep learning and its algorithms
learning algorithms to create
to work with vast volumes of
predictive models
unstructured data.

7 Big Data Data Visualisation 8


Hadoop | Spark Tableau | Qlik View
Get an added advantage by Master different data
learning Hadoop and Spark to visualization tools to build
easily store, process, and interactive plots and dashborad
manipulate data. to derive business insights.
16

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said, there are a couple of other programs like
SAS and R that will also help you progress.
You will find a decent amount of reputable
online courses, bootcamps, and certifications
Fundamental to learn a programming language that you
prefer.

Skills Required Database Knowledge (Oracle, MySQL,


To Enter The Cassandra)
You’d be surprised to learn that Data Science

Data Science is quite effective for As you may know, most


of the data across the globe is present in

World
databases, so gaining knowledge about
various databases like Cassandra, MySQL,
and Oracle could prove to be crucial for
aspiring Data Scientists. As a Data Scientist,
you will be responsible for handling loads
and loads of databases, which is why you
Mathematics must learn to become comfortable when
(Statistics, Probability, Calculus) accessing data.
You must have strong foundation in
mathematics to become a successful Data Data Engineering (Data Preprocessing,
Scientist. Understanding niches like liner Data Wrangling)
algebra, calculus, probability, and stats will
Data engineering is a critical part of the data
help develop your foundation for this field. science field. It focuses on practical usage
It would also help if you acquired detailed of data analysis and collection. Having a
knowledge regarding the terminologies used firm grip on Data Engineering methods like
in this field. data wrangling and data preprocessing is
essential to collect and understand data.
Mastering these skills will prove to be There are a lot of inconsistencies in real-
quite effective for developing data analysis world data. You will find a plethora of errors
estimates. You can learn these skills in and lack of trends.
advanced high school mathematics and
However, by utilizing these data engineering
online data science courses.
techniques, you gain the expertise and skills
to solve these problems and convert the data
Programming Expertise (Python, R, SAS) to actionable insights. Remember, gaining
It wouldn’t be a far stretch to claim that
deep learning skills overnight is next to
learning Python is incredibly effective in
impossible. Therefore, you should consider
the Data Science world. Why? Because it is
following tutorials and courses to acquire
a multipurpose, object-oriented language. In
practical knowledge.
addition, once you learn how to implement
this programming language to applications
Machine Learning
and websites, you can become a tremendous
(Supervised Learning, Unsupervised
asset for companies.
Learning, Reinforcement Learning)
Learning Python is a must for anyone who Machine Learning is a critical part of any
wants to have a career in Data Science. That organization that handles loads of data every
17
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day. While not every company requires Big Data (Hadoop, Spark)
you to have machine learning expertise, Big Data Analysis is a renowned technique
having some know-how about unsupervised for gaining actionable insights through
learning, reinforcement learning and neural hidden patterns, market trends, and studying
networks will be highly beneficial. various correlations. Spark and Hadoop are
Learning machine learning algorithms could critical big data analytic frameworks that will
take a decent amount of time. However, the help you run several Data Science algorithms
knowledge will pay dividends later on, once in a much shorter period.
a company employs you for a Data Scientist You can save yourself a great deal of time
position. What’s more, acquiring this pool of by knowing about these techniques, as it will
knowledge will diversify your skill set as a allow you to handle massive amounts of data
professional and put you in a better position with minimal hassle. These technologies can
to negotiate with your employers. also assist you with swift data filtration,
exploration, summarization, and sampling.
Deep Learning Aside from the mentioned skills, you must
(Tensorflow, Artificial Neural Network, Deep also brush up on your interpersonal and
Belief Network, Generative Adversarial communication skills to land your first
Network) Data Science job. Remember, the more up
Deep Learning is a part of Machine Learning to date you are about the ins and outs of
and it helps you identify, analyze, and Data Science, the higher the probability of
understand large quantities of uncategorized you getting hired. So, ensure that you join
or unsupervised data. Possessing expertise relevant groups, courses, and certifications
in different techniques like deep belief to acquire more knowledge and stay
network, artificial neural network, and motivated.
Tensor flow could help you simplify complex
tasks like data tagging, extracting insights,
and retrieving information in a short period.
Consider joining a Data Science course to
learn particular deep learning techniques Tools Preference by Industry
and enhance your skills with videos and 100%
tutorials from industry-recognized experts. 90%
Percentage of Respondents

SAS

80%

Data Visualization (Tableau, Qlikview) 70%


Python

Many companies produce data in mass 60%

amount, and in most cases, they need 50%

someone to translate an visualize it into an 40%

easy to comprehend format. This is where a 30%

Data Scientist’s skills come into play. You’ll


R

20%

need to have thorough understanding of 10%

several data visualization tools like Qlikeview 0%


Tech/ Telecom

Corporate-Other

Consulting

Retail/ CPG

Marketing Services

Healthcare/ Pharma

Financial Services

and Tableau to make your Data Science


projects easy to understand for others.
Data visualization tools can help you perform
loads of tasks like converting data to visuals,
charts, reports, graphs, and much more.
These come in quite handy for companies
when making decisions.
18

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Do You Want To Build Your
Career In Data Science?

Join Duration : 6 Months


OdinSchool’s
Outcome : Data Science
Data Science
Bootcamp Apply Now

Placement Stats Our Hiring Partners

Maximum Salary 230%

Average Salary 87%

Hiring 250+

Visweswari Pitchika
Single Window Operator
to

Senior Analyst

“I was a full-time mother and had a career gap


of 6 years. OdinSchool’s career services and
mock interviews helped me relaunch my career
on a grand scale.”
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Contact Us
Address Website
INDIA www.odinschool.com
OdinSchool
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HITEC City, Madhapur [email protected]
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Phone
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