Top 10 Reasons why Data Science is a Good Career OptionCategory: Data Science Posted:Feb 06, 2019 By: Robert
Presently, Data scientist is the topmost IT occupation. Data science is one of the most wanted courses to learn. It has made such a significant amount of promotion in the world of IT divisions from big to small organizations are all currently recruiting employees who are learning in this subject. Data science causes a representative to comprehend data and after that blend it appropriately with the goal that they can communicate in a better way which is useful for the organizations. Presently, Data analytic which is considered a fragment of Data science is taking control over the market very rapidly. Many organizations are searching for those candidates who can function admirably with data. With the help of this, the job chasing becomes easier. But at present, there is a shortage of data scientists as the market of data scientist is growing day by day. That is why making a career in data science is very important now. Most of the people want to begin their career as Data scientist, let us explore a few reasons which represent why data science is a good career option.
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1. Demand for data scientists: There is an enormous demand for Data scientists in the job market. Learning data science will raise your probabilities of acquiring a good job. Organizations have understood that they should recruit proficient candidates who are capable of accumulating, interpret and utilize data in an extensive way with the goal that it is advantageous to the firm. The demand for a data scientist is growing day by day since there are not many experts in this field. Learning data science will provide you the chance of finding a decent job in this market where they are particularly required right now.
2. Different types of job roles in data science field: In data science professional there are many job titles. After studying data science, it is observed that various employment choices are accessible to you. Big data analytics, which is a part of data science has an exceptionally decent market. Well, there are many employment designations which are offered by huge organizations like IBM, Oracle, Opera and a lot more if you are familiar with this specific field. Learning data science will increase your job possibilities. These are a portion of the job posts which are accessible to a data science student such as Data Analyst, Data engineer, Machine learning engineer, and Data science generalist.
3. Data Scientist Salary: Data scientists are paid with an excellent range of salary, which is usually in the six digits. A study has been carried out which demonstrates that the salary range of a data scientist in the USA is approximately $104,000 to $153,750 every year. This variation in the salary relies on the classification of a commitment they make to the organization. A level one data science contributor can make the basic salary of $ 97,000 whereas a level 3 data scientist can make the salary of $152,000. Besides these, they likewise get an extra reward that begins from $10,000 for the level one contributor and to a lot higher range for the level three contributors.
4. An opportunity to become a data science manager: It does not mean that after learning data science that you will be a data scientist only. There is an option of being a Data science manager as well. Being a data science under study can clear the choice of being a data science manager. It has been observed that pay ranges of data science managers are practically equivalent to or more than specialists. Level one data Science managers can acquire up to $ 140,000 every year, whereas the level 2 experts can get the salary in the range of $ 190,000 every year; however, level 3 experts can gain $ 250, 00 per year. This amount is more or equivalent than what a therapist, an internal medicine doctor or a pediatrician can gain.
5. Data Scientist can work from anywhere: A data scientist can work from any part of the world. The data scientists have employed in various other industries other than IT industry as well, such as health care and marketing. If you turn into a data science expert, then it is possible for you to work from any part of the world. In the USA, practically 43% of the experts take a shot at the West drift while around 28% of them are in the Northeast. These experts are utilized in each area of the nation and furthermore on board. Be that as it may, it has been since that the highest range of salary in this field is on the west bank of the USA.
Data scientist separated from working in the technology industry, they additionally get utilized in other essential ventures such as healthcare, financial sectors, and marketing. They likewise communicate their understanding to different counseling companies, CPG businesses and furthermore retails.
6. An opportunity to become a big data analyst: Big data analytics is a part of data science, and it is dominating everywhere in the job market. The requirement and utilization of data analytics in each job part of the industry are developing to an ever increasing extent. Big data analysts play an essential role in the organizations. Three things are most crucial for an organization; they are incorporating brand promoting, customer management and big data analytics. Each data science student has an incredible future in the business because this requirement for a data scientist will continue expanding that will increase job opportunities.
7. The diversity of Scholar officers and education options: There is a range of data science undergraduate majors which is valuable for the students. And there are various educational options available now. Data science is a comparatively new topic. Data science is the one topic that has its source from different subjects including measurements or arithmetic, software engineering and furthermore natural science. It has been observed that numerous data scientists have their degree in sociology, financial aspects, medical science, and business. Likewise, learning data science does not imply that you have to sit in a classroom throughout the day. You can get familiar with this course online too, according to your convenient time.
8. Very less competition: It is a new field of study and has low competition; thus there are plenty of job opportunities in data science. In each division of industry, there is a shortage of data science experts. Not just this, experts who come from different fields would prefer not to fill the shoe of a data scientist. It has found from numerous research contemplates that businesses are in the chase of fund and accounting employees who have the capacity of mining and removing data, great at data analysis and statistical modeling and furthermore well-suited in recognizing significant data trends. However, tragically the vast majority of the finance and accounting representatives don’t have these qualities as most of the people are not willing to learn data science. That’s why competition is less in this field and making it easier to find a job offered that the salary of these types of employment is usually right.
9. Freelancing option: With Data science, it is possible to have a freelancing opportunity as well. In the future, it will be very evident that a remarkable amount of workforce won’t be fixing to just a single boss. It is an intelligent choice to discover distinctive wellsprings of salary and methods for working with the goal that they can have an ideal parity throughout everyday life. If you are a data science fan that implies you will be notable about the patterns, number, and information. This will assist you in turning into a freelancer or expert for some huge companies. These sorts of employment are paid a decent salary. Data science is, for the most part, an IT-based activity that can be possible from any place as long as you have a computer before you.
10. Creating new streams of revenue: With the help of data science, it is possible for you to create your revenue streams. While learning data science, you will be able to examine and utilize great data information. Additionally, you will probably distinguish idle and new surges of income generation. Data science is the ideal approach if you need to lead a rich way of life by expanding your gaining. At present, the challenge isn’t exceptionally high, so this isn’t an unthinkable work to do.
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Conclusion: It has been observed that data science learning is a rising trend now. If you are confident in data science, then there are plenty of job opportunities for you. A data scientist is paid with a decent salary. Data science has provided different career options in numerous fields such as health care, finance, etc. These are the benefits of having a career in data science.