Is Data Science a Good Career in 21st Century | DataTrained

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Introduction

Is Data Science a Good Career, Yes, definitely. Data Science is a buzz in the tech world and continuously grows with multiple job opportunities, offering lucrative and handsome career growth. 

“Data Science is the Most Demanding and Reputed career option.”

Data Science is an interdisciplinary field and has created a high demand of a 480% job increase since 2016, as per Glassdoor reports. In the USA, data science is at 3rd position among the top 50 highest demanding jobs, and it was number one before Covid-19. Still, the market preferred full-stack engineers to remain the top priority job. Now, you must be thinking about how is data science a good career. No worries, you are at the right place, and I will help you to know everything from scratch.

Data is everywhere and is continuously increasing with an evaluation of the digital world. Companies need experts to utilize and extract information from this data pool. The data-driven decision generates more revenue for companies and results in more hiring of data scientists or data science analysts who can help them to analyze and interpret results to assist organizations in decision-making. Top companies like Amazon, Google, Facebook, TCS, etc., hire data scientists at high pay and attractive perks.

The most exciting thing is to be a data scientist; you do not need to be technically sound, only a graduation degree and a zeal to learn to own the highest demanding and famous job. There is no tough competition in the data science domain because very few professionals and others are collecting information about data science. If you are thinking is data science a good career then you can give a chance to think about this career option.

Further, this blog will cover all the topics needed to know more about is data science a good career, courses in data science, the average salary of data scientists, and many more things. 

Is Data Science a Good Career?

When a person thinks about starting a career in a particular domain, several questions make it challenging to decide. If you are thinking about data science with a question: is data science a good career? Let me help you to make this blur image into a crystal clear picture. Data science is booming and secured 3rd position among the top 50 most popular job titles in America, according to Glassdoor. Covid-19 impacted many businesses and jobs but did not slow down the growth of data science jobs.

After the Covid-19 period, there is a data flood, and by 2025 the internet will exceed 180 zettabytes. This increasing data is due to increasing preferences for online learning, remote jobs, people spending an average of 3-4 hours daily on the internet, and online applications. But all this data is unstructured and meaningless; organizations need experts to analyze and create meaningful data which gives birth to data science jobs.

Data scientists are those professionals who can create, filter, and utilize data by using statistical approaches and machine learning concepts. Only those organizations can survive or remain in the technically sound market race who can make the best use of the data and move according to customer requirements by predicting future changes. Data scientists help organizations to extract meaningful data by designing human-like intelligent machines through machine learning.

There is a 30% increase in data science jobs by April 2022 compared to April 2021. The average salary of data scientists is $110k plus lucrative perks. The jobs are increasing around the world in top organizations like amazon, google, IBM, and more.

What is Data Science?

Learn about What is Data Science

Data Science is the highest demanding and attractive career with handsome salaries and career growth. Now, you must be eager to know the complete picture of data science.

Data Science was introduced in the 1960s, but it gained popularity recently due to “data lakes” over the internet. With digitization, there is continuous data production, and by 2025 we will have around 175 zettabytes of data. 

Maybe you don’t know, but you are also producing data by uploading an image on social media, shopping from eCommerce websites, and creating a list of favorite songs on an application. I mean to say we all play a role in producing data every day.

Data science is a study of enormous raw data using tools, techniques, and technologies to analyze, collect, and extract meaningful data that is helpful for businesses, tax agencies, the stock market, and much more. 

Data science is an interdisciplinary domain with concepts from data mining, programming skills, machine learning, statistical analysis, and mathematics knowledge. Data science helps in effective decision-making by analyzing the structured and unstructured data and converting it into meaningful information. Data science is vital in business and other organizations as it creates better customer experience and result-oriented research. If you have this question is data science a good career, the demand for data science is tremendous because, in this digital world, data is like “oxygen to generate more revenue.”

Is Data Science Difficult?

is data science difficult

Nothing is impossible or complicated if you have the hunger and determination to learn data science. There are several e-learning platforms and physical classes by top institutions like IITs offering well-organized and best learning ways to make data science everyone’s cup of tea so yes is data science a good career.

No doubt, data science demands extra effort as it is wrapped with concepts of both technical and statistical. You need to pay more attention while laying the foundation for new machine learning concepts, programming skills, data mining, and more. All data science courses highlight “No technical background is required for data science” this opens the door for any field graduate, and anyone who possess knowledge of mathematics, computers, or statistics in higher education or equivalent degree. 

Data science is rapidly growing with multiple job openings from small to big companies, with an excellent starting pay scale. Data science will remain in demand as data is growing fast, and companies must use data effectively to stay in the competition.

Join the best data science course to help you make your data science journey easy and result-oriented by learning with industry experts and working on ongoing projects.

How to become a Data Scientist?

How to Become a Data Scientist

Before covering the topic- How to become a data scientist? Let me first elaborate on who data scientists are.

Data scientists are those professionals who analyze, collect and provide insight from the data. They are expert enough to learn from the data patterns, and use mathematics and statistical techniques to gather, and analyze information from the data by using machine learning algorithms for training models to predict the results. Tools, techniques, and knowledge of data scientists are valuable for an organization in predicting the behavior of data.

You can become a data scientist by joining the best data science course for 6 to 12 months. Several e-learning platforms provide perfect data science courses to become a data scientist. Collect information about the procedures and select the best one.

Any Graduate can become a data scientist without technical background; passion and firm det
ermination are the only requirements.

To become a Data Scientist, follow these simple steps:

  1. Join the best data science course that covers statistics, programming languages, and machine learning concepts. 
  2. Get a Post-Graduation degree or certificate with all relevant skills.
  3. Prepare a professional resume and, if possible, apply for an internship.
  4. Apply for a job by preparing for an interview.
  5. Get your dream job as a data scientist.

Best Data Science Course

best data science courses

When you type “best data science course” in the search bar of any search engine, you will get a long list of several data science courses from different educational platforms and institutions, offering both online and offline modes of teaching.

The parameters that define the best data science course are:

  • Check the authenticity of the institute and e-learning platforms.
  • Check their fee structure, course duration, and a placement guarantee.
  • Go through the structure of the program. The course should contain all the concepts of machine learning, programming knowledge of R or Python, deep learning, statistics, Linear algebra, data visualization, and data mining.
  • Along with all theoretical concepts, check the program is providing practical knowledge and work on projects with experts.
  • Double check the background of teaching staff and their experience in the data science industry.
  • Check for the internship facility with the course and collaborate with companies.

These parameters can help you choose the best data science course, and you can also go through reviews and ask friends for the best one.

Eligibility/Criteria for Data Science Course

eligibility of data science courses

Anyone who studied mathematics, computers, and statistics in higher education is eligible for the most demanding career of 2022 in India and the USA. Any fresher or professional from an IT, marketing, and engineering background can learn data science by applying for diploma/graduation/post-graduate programs. The courses are both part-time and full-time as per your convenience.

Data science combines mathematics, computer science, and statistics. Those with these subjects in higher education or graduation/Post-Graduation in MSc, BBA, MBA, MCA, and BCA can apply for data science courses. The students with technical and statistical backgrounds have the benefit of quick learning as they are aware of the terminologies of data science and need to upskill and sharpen them. But don’t worry if you are non-tech; there are many other benefits, and you only need to work hard to understand machine learning concepts from fundamental to advanced levels then you can decide is data science a good career or not.

Some courses take some eligibility tests and review your profile for the course eligibility. In India, a student with science, mathematics, and computer subjects in 12th and graduation with relevant topics can apply for a data science course and a minimum of 50-55% are required for a data science course in graduation or higher education.

Required Skills for Data Science

eligibility of data science courses

To contribute to data science, you must have the following skills:

  • Analytical thinking
  • Engineering approach
  • Machine learning concepts to design algorithms to make models predict more accurately.
  • Programming knowledge like Python, and R
  • Decision-making attitude
  • Communication skills to describe your report to business analysts.
  • Statistical concepts to conclude analyzed data and use mathematical tools for deriving results

Growth/Career Opportunities in Data Science

Growth & Career Opportunities in Data Science

This 21st century is the century of data, and data science plays a significant role for companies and organizations. Data science is among the top attractive jobs in the USA due to its increasing demand and high salary compared to other professions. There will be a 30.1% increase in the market for data science experts in 2022.

Data science is a new branch, but its demand and growth are continuously rising on the growth graph. Every year data science jobs are increasing, and as per GlassDoor, data science is 3rd top priority job among the 50 best jobs in the USA.

Is data science a good career, there is a 73.5% growth in data science jobs in India between March 2020 and April 2022. There will be more than 11 million open jobs in India by 2026. As per LinkedIn, data science is the fastest growing field, and there are enormous possibilities. 

The most exciting fact is that this domain is not affected by covid-19 but becomes more demanding after Covid-19. The lowest salary of a data scientist in India is ₹4.5 Lakhs yearly, and the highest salary has no bars.

Salary in the Data Science Domain

Salary in data science domain

Data science is the highest paying profession after full stack developers in the IT industry. Salary in data science is like “the sky’s the limit.” The average salary of data scientists in India is ₹10.5 lakhs per year, and the pay varies between ₹4.5 lakhs to ₹25.4 lakhs per year, as per a report submitted by AmbitionBox. The estimation is based on an 18.5k salary review.

Professionals with one year of experience get a minimum salary of ₹4.5 lakhs per year, and those with more than five years of experience can expect a salary of more than ₹20 lakhs per year. With more than ten years of experience, data scientists get an average wage of ₹1,910,886. And having an experience of more than 20 years, the average salary is ₹1,200,000. 

There is great demand for data science professionals in the industry, but supply is not as per requirements, resulting in an increased salary of data science experts. The average salary of a data scientist is $100,560, per the US Bureau of Labor Statistics. This high increase in the pay of data scientists is because companies understand the benefits of big data and want to utilize it in intelligent decision-making so you now know is data science a good career.

Why is Data Science the Highest Growing or Demanding Profession of 2022 and afterward?

highest growing & demanding profession

There is a 30.1% increase in demand for data science experts in April 2022 compared to April 2021. But why is data science the highest demanding profession of 2022? Why is it booming? The answer to all these questions is “data.” Yes, you heard right- data is the only reason for the growth of data science in 2022 and a continuous rise in the coming years.

Data is around us, and it is tremendously growing so you can decide is data science a good career. It is estimated that by 2026 we will have around 110 zettabytes of digital data. Everyone using the internet contributes to increasing the data, like e-shopping, e-learning, watching movies, and every internet activity. So, now with such a data pool, companies need experts to deal with structured and unstructured data, who can extract information by analyzing and providing insight into data that helps in businesses’ decision-making. Data science is the only weapon to fulfill the demands of companies to tackle the data.

Data is increasing, and companies need data science experts to deal with the data to extract meaningful insights from data, analyze data patterns and use machine learning models for accurate prediction. Still, the supply of skilled data scientists is not as per industry requirements, which increased the pay scale of data scientists.

So, suppose you are looking for a stable and growing career option and are confused as is data science a good career. In that case, data science is the best choice because it will remain in demand in the coming years with a highly increasing salary compared to other professions.

What are the Job Profile and Working Hours of a Data Science Job?

job profile & working hours of data science professional

Data science is about extracting meaningful information from raw data that can help organizations make better decisions. The working of a data scientist depends on the type of role, like there following types of data scientists:

  • Scientific Research
  • Academic
  • Finance
  • eCommerce
  • Government
  • Retail

 The primary roles/duties of Data Scientists are as follows:

  1. Collect all information to query the requirements of the company or project.
  2. Collect structured and unstructured data.
  3. Analyzing the data and filtering from noise and other not required data.
  4. Use tools and techniques to extract meaningful data.
  5. Use machine learning concepts and statistical methods to find the solution.
  6. Use programming knowledge to design algorithms and models.
  7. Finally, making a report with meaningful data helps an organization to make decisions for future or present success. 

The job profile is as per the requirement of the company, skills, and experience of the data scientist.

The working hours depend on the company. If there is more workload and data scientists have to spend more time. The Data Scientist is a permanent, full-time job and sometimes demands extra work hours depending on the organization’s needs so you can decide is data science a good career or not for you.

Conclusion

Finally, wrapping up by saying, is data science a good career, YES. It will remain in trend with great possibilities as data plays a significant role in most businesses, which will keep data scientists a top priority for using data to generate more revenue. 

By using data science tools and techniques, companies can predict future trends, accelerate the success rate, understand the behavior or requirements of the market, can identify problematic areas, and strategize their decision-making.

I hope this blog will help you decide on is data science a good career and helps in building a beautiful and successful career.

Frequently Asked Question’s

1. Is data science really in demand?

Is data science a good career? Yes it is a rapidly increasing and highly demanding job in the USA and India. There is a 30.1% increase in data science jobs in April 2022 compared to April 2021. On Indeed, job vacancies for data science had increased by 256% by 2019, which is not a tiny figure. Such an increase is a positive sign for data science jobs. As per the U.S Bureau of Labor Statistics, data science is the 3rd most demanding and highest paying job among the top 50 positions in the USA. 

Is data science a good career, it is a multidisciplinary field that acquires mathematics, programming skills, and statistics knowledge. 

Companies understand the power of data in decision-making and want experts to analyze and extract meaningful information from structured and unstructured data. The industry needs more skilled data science experts, but the supply is meager. Demand and supply differences made data science a highly demanding and paying job. Yes to is data science a good career.

2. Do data scientists get paid well?

Is data science a good career yes it is and Data Scientists are highly paid in the industry as they provide a complete picture of data that helps companies in effective decision-making as companies want to use data-oriented decisions. The average salary of data scientists in India is 10.5 LPA, with additional perks and benefits. The average salary of an entry-level data scientist is Rs 4.0 – 6.8 LPA, and junior data scientists get an average salary of Rs 4.8 LPA. Remuneration increases with the experience of data scientists. 

Data Scientists get sky-high salaries, and their demand continuously increases in 2022 and the coming years. The pay scale varies with cities in India; I am listing some Indian cities with the highest average salary of data scientists as per Payscale that proves is data science a good career:

Mumbai

Rs 788,789 PA

Chennai

Rs 794,403 PA

Banglore

Rs 984,448 PA

Hyderabad

Rs 795,023 PA

Pune

Rs 725,146 PA

Now you decide is data science a good career?

3. Is data science a hard career?

Is data science a good career, data science is not a hard career if you are hungry and passionate about learning data science. Is data science a good career since it contains concepts from multiple disciplines like mathematics, programming skills, statistics, data mining, deep learning, and machine learning. Is data science a good career, the best way to learn and excel in data science is to choose the right course from a reputable institution. 

You need to pay a little extra effort to understand ML’s complex algorithms and concepts, but with a good teacher and zeal, you can quickly become a part of the highest demanding and paying job of 2022. Is data science a good career, however the skills required for data science are:

  • Programming knowledge like Python, R.
  • Machine Learning concepts to make accurate predictions.
  • Statistical analysis. 
  • Mathematics for calculations.
  • Effective communication.

4. Does data science have a future?

Is Data science a good career? Yes, data science has a gleaming and reputed future. Data science has been chiefly inquired about in recent years, and every industry, company, and government is talking about data science. It is all because data science has the power to work with enormous data and use it to help companies in data-driven decision-making. As per experts, data science will remain in technology and provide it with new heights. 

As per a report, there will be around 11.5 million job openings in 2026 around the world. In India is data science a good career, 70% of jobs for 1-5 years experienced professionals remained vacant in 2020 due to less supply of data scientists. 

In coming years the data science industry will grow by two times, and data science will face changes in the roles of data science professionals.

Is Data science a good career it has a rising future with competition, and to remain competitive, experts have to upskill with advanced tools and technologies.

5. Who Earns More CA or Data scientist?

To clear the question is data science a good career. A data scientist with an experience of around five years earns Rs 75 LPA, and the CA makes 8-10 LPA per reports of TeamLease. 

Data scientists are the ones who are composed of various roles so you know now that is data science a good career. They are good mathematicians, data miners, statistical analyzers, programmers, and database engineers, and they use machine learning concepts to train the models. 

Data Scientists get a high salary from CA because they are the professionals who can analyze the data and provide insight that helps an organization generate more revenue, better customer experience, and future predictions so now you know that is data science a good career.

6. Does data science require math?

Is data science a good career. Yes, data science requires math, but it also includes other exciting concepts of programming and machine learning; data science is composed of many skill sets, and math is one crucial skill that helps calculate and train the model. Mathematics plays a vital role in calculating the predictions of the models this is important in knowing is data science a good career. 

To know about is Data Science a good career it requires 3 essential concepts of math:

  1. Linear algebra: It is highly required for data and used to perform calculations for the model input. It includes knowledge of dimensional matrices, and working of a matrix.
  2. Statistics: Statistics helps to increase the weight of observations and learning from previous model errors. 
  3. Calculus: Data science uses basic principles of calculus to find how these principles will affect the model prediction.

Data Science is a diverse domain and needs numerous skills from different fields, and data scientists need to upgrade their skill sets and choose the right talent to enhance their prediction. Now you know is data science a good career.

7. Is data science a good long-term career?

Yes, data science is a good career in long-term too, and its demand will keep on increasing in the future. Let me prove it by the statements of Tim Bereres Lee, World Wide Web inventor- “Data is precious and will remain more than the Systems themselves.” The data flood generates a high demand for data science jobs and a progressive future for knowing is data science a good career.

For you is data science a good career there will be a 22% increase in data science jobs from 2020 to 2030, and data science in the future will be used in several other fields and play a vital role in the medical sector. The increase in data and the competition among companies to harness the data makes data science a long-term career with a minimum expectation of 7 figure salary.

Machine learning is the future of technology, and data science supports it. Data science is all about utilizing data for effective decision-making and providing a good customer experience: a way to success for every business, so now you must know is data science a good career for you or not.

8. Is data science a good future?

Is data science a good career? Yes, data science has a good future with multiple job opportunities that are increasing with time and a handsome salary which is much more than the average salary of other professionals except full-stack engineers. Is data science a good career as per GlassDoor, “Data Science is the most attractive job in America.”

Is data science a good career. Data is tremendously increasing, and around 2.5 quintillions of data every day, and pretty much the same is waiting for uploading on the internet. Companies need data science experts to deal with the data. With the increase in data, demand for data science is also increasing as it is reported that the companies making data-driven decisions make 5% more production and higher revenue. More companies are shifting toward data-driven decision-making and facilitating a better customer experience: is data science a good career.

India witnessed a 30% hike in data science jobs in April 2022 compared to April 2021. On LinkedIn, there are more than 21000 open jobs for data scientists in big and small companies. Companies are demanding highly skilled data scientists, and the supply is not equal to demand, opening multiple vacancies with very high pay so now you know that is data science a good career.

9. Does data science require coding?

No, deep coding is not required for data science, but you need programming skills in data science. If you are a non-programmer, you need to acquire programming skills of Python and R, mainly using programming languages in Data science along with SQL, Git, and JavaScript. Is data science a good career it is used in coding in data science:

  • Organizing and filtering data using built-in libraries and packages of programming languages.
  • More control over data and give more speed to data transformation.
  • Many Machine learning libraries are found in Python.

Coding makes the process and role of data scientist fast and practical instead of manual work. But, if you are a non-geek, don’t worry; you can also become a data scientist by learning the basics of all needed programming languages. The programming language’s use depends on the data scientists’ task and role which is important in is data science a good career.

10. Is data science easy for beginners?

Is data science a good career anyone with mathematics, computers and statistical academic background can learn data science. These subjects in higher education or relevant graduation are required to be eligible for a data science course. 

Data science is an interdisciplinary field with programming languages, mathematics, and statistics concepts this is important in is data science a good career. All have overlapping roles in analyzing the data to provide its deep picture, understanding the hidden patterns of data, and finally making a report that helps to generate data-oriented decisions for companies.

If you are an IT engineer, it is easy to learn data science concepts. Still, if you are non-tech, you need to put some extra effort into understanding machine learning concepts and the basics of programming languages.

Data science is a bright career, high pay salary and a top-rated profession. Many institutes provide highly structured data science courses online and offline to help students excel in the highest demanding and growing field of data science.

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