The demand for data scientists is increasing exponentially, due to the fact that automation and data driven decision making is getting implemented on a large scale. So during this era more devices will be in operation. More the devices, more will be the operations and processes, hence will lead to more data generation. As the data generation increases, the demand to understand it, analyze it and to optimize it will be at the peak. This will ultimately, lead in the increase in the job opportunities in the field of data science and machine learning. BTW, machine learning can’t be proceeded without data science. Hence data science can also be considered to be the base for deep learning, machine learning and artificial intelligence. Therefore, this gives us the insight that the demand for data science will be at its peak by the end of this decade.
Now we will enlighten you with the top 5 reasons to learn data science
- Exponentially Increasing Demand for Data Scientist:
Data Scientist is flourishing in every industry irrespective of its domain and might be due to which this kind of job is the most favorable job in this decade as per the survey taken by McKinsey. McKinsey also gives us the report that conveys that, by the end of 2022, there will be around 200,000 experienced Data Scientist which is way more lagging behind than what amount of data scientists are required in a particular industry.
- Satisfying Salary: The analysis carried by GlassDoor, in 2019 data science was among one of the highest paying and satisfying job in the job market. Also the analysis also tells us that during the mid of 2016, data science was the highest job in the market. Also during the COVID-19, more data science based companies evolved, hence leading to more demand in the data science jobs.
In India average salary for a data scientist is found to be around INR 7,00,000 and in USA it is found to be $1,30,000. Also the pay raise or the bonuses starting is around $10,000 for level 1 contributor. Thus, as differentiated with other jobs in the market, data science weighs more in monetary perspective.
- A Bigger Ocean than expected: Since the data is evolving continuously and more algorithms are out as well as more libraries and more visualizing, hence making data science jobs as the one of the most evolving fields of the century. As one becomes sound in data science based algorithms, he has the freedom to switch from the field of data science to the field of machine learning or to the field of Business Analytics in which the data aspirant will be helping the entire business to reach to a better level or the data aspirant can also switch to artificial intelligence or deep learning, since the basic foundation is data science without which you cant directly start learning machine learning, deep learning or artificial intelligence.
- Business Based decisions making:Since using data science one can be able to forecast, the performance of the industry using analytics method or Business Analytics, which will help to make closer hypothesis and come out with a better calculated decision as compare do any other decision maker. Let it be any industry, E-commerce to marketing or from medical to retail data scientists have more decision-making skills, since they make metrics or calculation-based decisions. They are responsible to induce optimized usage of resources for more profit to the industry, they are also held responsible for helping the industry to get marketing leads by minimal efforts required as compared to the traditional methods of marketing. The data aspirant is the driving energy of the industry, since that is the analysis done by the data aspirants which will help the industry to decide what sort of products will be the most selling product of the year, which in turn will make more inflow of money to the corporates.
- Not exactly as Icing on the cake: Yes, people claim that it is easy to become a data scientist and get a job. But more the hands-on projects done, more the data aspirant will be experienced and hence will get placed with a good job.
BUT FROM WHERE DO I LEARN DATA SCIENCE: 🤔🤔
There are thousands of institutes who are there to teach you data science, they may also give you projects but they may charge heavily for the same.
But there are also few other training institutes that offer same kind of training but at optimal fees. Since profit is not their motto, but the quality is their motto.
You view their introductory video here.
Also you can enrol for the courses here.
We will be glad to see you placed!!! 😊😊
Information Provided is actually helpful for all of us