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Building A Career in Data Science - The Overview

Data science is a lucrative and in-demand career field that does not require traditional degrees. While the supply of data scientists is low compared to demand, skills and experience are more important than degrees. Women currently make up only 15% of data scientists, and diversity is important as AI algorithms can reflect biases. There are two main career paths - becoming a data scientist through roles like data analyst, or taking analytics-enabled roles in business or management. Core skills for both paths include data mining, management, analytics, programming and visualization. Major companies hire over half of all data scientists worldwide. Pursuing a career in data science now can position one for significant future opportunities.

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Tushar Gondalia
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149 views2 pages

Building A Career in Data Science - The Overview

Data science is a lucrative and in-demand career field that does not require traditional degrees. While the supply of data scientists is low compared to demand, skills and experience are more important than degrees. Women currently make up only 15% of data scientists, and diversity is important as AI algorithms can reflect biases. There are two main career paths - becoming a data scientist through roles like data analyst, or taking analytics-enabled roles in business or management. Core skills for both paths include data mining, management, analytics, programming and visualization. Major companies hire over half of all data scientists worldwide. Pursuing a career in data science now can position one for significant future opportunities.

Uploaded by

Tushar Gondalia
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Building a career in Data Science: The overview

WHAT IS CAREER IN DATA SCIENCE: Education & Income

Data science is the next big thing. The career of data science is remunerative, but the career of
this field is divergent. Unlike other fields or jobs, you are not compulsorily required to have a
Bachelor's degree or Master's degree. To pursue your goal and career in data science you need
the right skills and the right experience.

Over the past decade, the demand for Data science personnel has skyrocketed and according
to data by Robert Half, the median starting salary for a Data scientist is $ 95,000. Even though
the demand for Data Science Professionals is high, but the supply is low, which. can be
considered good for data science students and Professionals. Data Science is among the main
positions in the U.S. According to the Labor Statistics report of the U.S, there will be a rise in the
demand for skilled Data scientists at the pace of 27.9 per cent by the year 2026.

WOMEN IN DATA SCIENCE

According to the study conducted by the Boston Consulting Group in 2020, only 15% of Data
scientists are women. That lack of diversity is a serious issue, the study says: "Artificial
intelligence algorithms are powerless to predisposition, so constructing them requires a group of
people that incorporates a wide scope of perspectives, views, and experiences." It is important
to encourage women to pursue this field.

THE TWO PATHS OF CAREER: SKILLS, KNOWLEDGE & COMPANIES

The two prime paths to walk to grow your data-centric career in data science is— either to
pursue jobs like Data Analyst, Database Developer, or data scientist and become a data
science professional or to opt for an analytics-enabled role like a functional business analyst or
a data-driven manager.

Both the career paths are required basic skills and knowledge in data mining, data
management, data analytics, programming, and data visualization. Skills are a crucial factor in
this field, skills and knowledge required to become a Data science professional are— Apache
Hadoop, Apache Spark, Data modelling, Data Visualisation, Machine learning, Programming,
etc are the examples of skills and knowledge one should harness to step in the career of Data
science. Skills and knowledge required to become a Data analyst are— A/B Testing, Domain
Knowledge, Excel, SQL, Data Visualization, Programing, Report, etc.

Many organizations are embracing Data analysis for their growth and development. Data
Scientists are in great demand not only in the tech field but also in all the other major sectors
including FMCG, Logistics, and more. It is an honour to say that the biggest companies like
Google, Amazon, Apple, Facebook, and Microsoft have hired one-half of the total Data
Scientists the world has.
CONCLUSION

Creating a career in Data Science in today's world will be a fine choice. Today, Data is more
important than it ever was. Businesses are transforming themselves, and soon will be looking
for people of Data science. This can be the right time to invest your time in learning Data
science skills and pursuing a career in the same.

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