Is Data Scientist a Good Job?
Data Science is a new buzzword in the tech world and there are many of us who are exploring more and more about it. One of the main questions that arise with this new word is- is data science a good career? Data science is making rounds in the market and there are various jobs associated with it. Seeing the huge demand, we could see the inclination of the majority of the population wishing to learn more about it. Well, if you are someone who is looking for an answer to this question and want to explore more about this field then you are in luck today. This blog is going to cover all the things you need to make a good career choice. Not only we are going to cover the answer to is data science a good career, but we are going to let you know why you should do it as well as how you can do it.
What is the demand for data science in today’s world?
When you are going to make a career switch, you would want to have a better assurance about that new field. If you are going to put extra effort and time to hone new skills, that field should be in demand. This is true for most of the choices and if talk about a career in data science, then the answer most definitely is yes. Jobs in the data science field are in so much demand. Not only are the data scientists needed in the majority of the industries, but they are getting great salaries as well. This is the third most in-demand job in America and has career perspective all over the world.
The companies are adopting technologies like big data, the Internet of Things (IoT), and many more for their growth and cyber security. For all these jobs, they will require data scientists. They are ramping up the need for these jobs. Furthermore, it is seen in a survey that even the pandemic could not show any impact on the demand for the data scientist jobs at all. The demand for these jobs is ever increasing and with the right tools and knowledge in hand, you can give the best to your career. All these facts make sure that you have a definite answer to your question- is a data scientist a good job?
What does a data scientist do?
Before we move any further, let us take a step back and clear about the job profile of a data scientist. This will help you understand what are the roles and responsibilities a data scientist has in an organization.
Data Science is the study of data and it is related to extracting, analyzing, visualizing, and managing the insights that are drawn from that data. These insights are very useful for the companies and using them they can make data-driven decisions for their huge business. The data scientist helps in finding those insights. Their job not only includes finding the question that the team should be asking but also finding the solution to those questions. They make the best use of the data given. Their day-to-day tasks include:
1. Creating data models and algorithms that help in furcating the outcome from the data.
2. Find patterns and trends in the data to come up with insight for the businesses.
3. Use of various technologies and data science tools like machine learning, python, SQL, R, and SAS to come with data analysis and improve the quality of the data as well as the product offerings.
4. Have good communication with the team and other management to provide them insight from the data and use it in the right way for the business.
Why choose data science as your career?
Now that we have an idea of what a job looks like for a data scientist and if you are interested in this career, then it is time that you should know why this is one of the best careers. Below are some of the top reasons which can help your question- is data science a good career!
Demand
As mentioned above the demand for this role is increasing day by day. If you go for this role, then the chances of you getting a good job are very high. You are not only going to find the job that is so much in demand but you will also get a chance to work with the big tech giants. They are needed everywhere and these will skill are going to be very helpful for you to become an expert in the industry and get the best out of your job.
Versatile career options
When you are going to start learning data science, you will see that there are so many job titles and you choose the right ones for you. There are many jobs that come with this skill like data analyst, data Scientist, data engineer, machine learning engineer, and much more. As you further in your learning, you will be able to learn more about these tiles and their roles and responsibilities. Then you can make the choice from the abundant opportunities that are available.
Earning prospective
If you wish to have your salary credited to your account in six figures, then this is a great chance for you. There are various studies that demonstrate that the jobs are not only in demand in the USA but they are also getting a good amount of money ranging from approximately $104,000 to $153,750 every year. As there are various levels of jobs in data science, you can have more potential for earning as you grow and hone your skills in your career.
Less competition
Everyone is looking for jobs and there is only a handful of them available for certain skills. But if talk about a career in data science, you are not going to face this situation. As mentioned above, there is a huge demand for data scientists in this field and there are very fewer individuals who are experts in this field. So, if you want to secure a good job, then you will face very less competition when you find jobs in this field. Here, you can work with the best companies and grow in your career.
Various number of industries
One of the great things about being a data scientist is that you can work in the industry that excites you the most. As we are well aware of the fact that data scientist is needed everywhere whether it is in finance, manufacturing, field, healthcare education, and much more. If you are passionate about making a difference in any of the industries, then you can start working as a data scientist. Here you can learn to make changes and do your part in their sector. You will have a lot of options for you, so this is a great way to proceed in your career.
Freelancing option
As there are a huge number of jobs in big companies, you can start as a freelancer as well. When you learn data science, you will be able to find patterns, trends and much more in the data and the companies have huge roles for the freelance data scientist. Not only do they have a number of opportunities for them, but they are also paid a decent amount of money. You can build your portfolio with a diverse number of projects.
Can help you grow as an individual
Working in data science will surely open door to a lot of opportunities for you. But it will also help you to become a better person. With this, you can have a problem-solving attitude, you will learn how to communicate in a better way, and you enjoy the best of both worlds- technology and business. This will contribute to your overall growth and will help you find the best skills in yourself.
These are just some of the advantages that you are going to have when you enter the world of data science. Now let us give you insights on how you can build your portfolio and how you can ace your career in this field.
How to make the best career as a data scientist?
With the question like is data science a good career, there comes another question, how to start a career in data science. Well, some tips can be very helpful for that.
Earn a degree or certification
One of the best ways that you can start your career in data science is by having a degree in this field or doing the certifications. This will help you understand the concept in a better way. Not only you will be aware of the things but this is going to give credibility to your skills. With the right degree and certification in your hands, you will be able to land a good job when you start your career.
Learn relevant skills
This is a vast area but you have to keep yourself updated with what is going on in the field of data science. If you want to remain on top, you should hone relevant skills like Python, R, SAS, Machine Learning, and much more. Your analytical skills are going to play a major role. Having a good knowledge of statistics and mathematical tools will give you a higher chance of landing a good job.
Build your portfolio
A portfolio is the one thing that is going to be your first impression on the employer. There are certain things that you should keep in your mind for your portfolio. Some of the tips are:
1. Putting the right things into your portfolio is very much important. You might have done a lot of data science projects and there is always an urge to write all those in your portfolio. But you should be mindful of the things that go into your portfolio. Keep the relevant things and projects in your portfolio. Figure out what is needed in that company that you are applying for.
2. Always showcase your communication skills. One of the major things that people forget to add to their portfolio is how they communicate. You should highlight the projects where your communications skills made a difference. This is a needed skill and if you highlight this in your portfolio, this will come great for you.
3. Another important thing to remember is not to show code in isolation. One of the major things that you can do is “Incorporate data visualization wherever you can. This will help the employer to see how you have found the problem and what solutions you have given to incorporate that issue. This will help you get in a good picture of the employer.
Go for internships
The best way to build a portfolio is to start with entry-level jobs or internships. There is no experience in this field that will not help you to grow. With the right skills and experience, you will have better chances of having a good opportunity coming to your door. So always try to put your learnings and skills to good use instead of waiting for an opportunity while sitting ideal.
Is the job hard?
Maybe you have this question in your mind. There is no definite answer to this question but one thing for sure for this field is that this job demands a rigorous amount of work that will help in finding the patterns and trends. There is a steep learning curve for this job and once you enter this field you are always going to grow on that path. Here you are going to spend a lot of time cleaning the data, making sure the values are right, building databases, and maintaining dashboards. The job is demanding as well as rewarding. So, if you want to learn this, then you can have a great chance of succeeding in it.
Conclusion
Now we are able to envision the full picture of this field. There are so many options for you when you enter this field. The opportunities are pouring in and with the right skill set, you can master your job. The job prospects are really good right now for this field and these jobs are going to be in the market in the coming decades. This article gives all the information you need for answering the question- is data science a good career. With the relevant skills and interpersonal skills, you can have a good chance of shining in this field.
If you wish to learn more about the skills and other things required to become a data scientist, then going for the certification and online training can be very useful. With Skillslash best Data Science course in Bangalore you get to learn from the professionals and get access to more than 300 Hours of intensive live virtual training, 2+ capstone live projects, certification from IBM & 100% Job Placement Guarantee.