Data Science is a field that uses algorithms and processes from both structured and unstructured data. Its purpose is to take data, analyse it, and turn it into valuable information for companies and more. This multidisciplinary field is both an art and a science, rooted from the core of statistics, computer science, and math. It’s currently one of the most sought after jobs, and you’re about to find out why.
Named the ‘sexiest job of the 21st century’ by the Harvard Business Review, acquiring a job in the Data Science field is a secret gold pot. These two words get thrown around a lot, but not many people know what exactly data science means as a whole. Nevertheless, companies seek out data scientists like a needle in a haystack, because it is such a coveted position and ability. Keep reading to learn the detailed benefits of studying Data Science.
The pros of studying Data Science
Data Science is in high demand
Data science is one of the fastest-growing positions at the moment. Employers and companies seek out those with data science knowledge and degrees because not a lot of people graduate with a degree in data science, and one of the main reasons for this is because not many people know about this industry. There are some institutions that already offer masters programs in data science yet only a few pursue it because they are not aware of its availability.
With not enough professionals to perform in this position, companies can’t be very picky. As a position that can prove to be quite lucrative in benefits for companies that can effectively use data science, employers are sometimes desperate to find someone with the skillset. This makes it a position where, if you have the proper knowledge and background, will lead to many employers vying to acquire your skills.
Unlike a lot of other careers, where you get out of college or university and have the fear of remaining unemployed forever, that fear is almost non-existent when graduating with this type of degree or skillset. Many companies have positions available or are looking to hire companies experienced in analytics consulting.
Choose a Data Science Bootcamp
Bootcamp for data science is an intensive and immersive program designed to prepare you for a job in the field of data science. While programs can take only a few months, they’ll prepare you for some of the most in-demand jobs in the US.
The positions are abundant
On the same note, the number of positions are endless. As we mentioned, not a lot of students complete their studies to to become a data scientist. This is why the field isn’t as saturated as other sectors.
Chances are, if you want to get a job in data analytics, and you’ve got the right experience and education, your employment chances are high. You might be the only person getting out of college who will get to be picky about where they want to work. Who knows? You will probably be turning down a lot of offers.
It’s one of the best-paid jobs out there
Money talks, and getting a job in analytics consulting can lead to a hefty pay check with a bunch of zeros at the end of the month. When a field of study is both needed by many, ye there aren’t many job seekers or degree holders in the industry, the pay tends to be extremely high. In fact, according to Glassdoor, data scientists make an average of $158K per year.
An average of $158K per year is what data scientists make, according to Glassdoor. This makes it one of the most, if not the most lucrative job right now. Who wouldn’t want to go through the process of studying this career with those numbers?
Flexibility and endless career possibilities
The world of analytics consulting expands across multiple industries and is needed for many kinds of niches. Government, aviation, technology, marketing, you name it! Everyone is trying to make money using data, leading to a wide variety of different opportunities.
Here are just a few examples of the kinds of positions you can find with data science knowledge:
- Data architect
- Data analyst
- Statistician
- Analytics Engineer
- Data scientist
- Data engineer
Data Science fuels the future
If you’re looking for a job where you feel you’re contributing something important to the world, Data Science is an excellent option. You can save lives working as a data analyst, as the healthcare field has evolved greatly because of Data Science.
Machine learning and technology advances have helped make it easier to diagnose and treat illnesses like cancer early on, all thanks to the work of data scientists. Plus, working in analyst consulting not only consists of analysing, but also improving the quality of the data. Your job will be also to enrich data to make it better for your company.
You’ll gain lots of related skills
Besides working in one of the most interesting industries in the world, you’ll also be learning skills for your personal growth. It’s no secret that a lot of what data scientist do is solve problems.
Unlike the regular person, these professionals do it on a bigger scale. With this type of attitude, you can bring this skill to your personal life as well. Looking at things from many different perspectives gives you a whole new way to look at things outside of work as well.
We are sure there are many more reasons to go into this interesting career path, but this article would be extremely long. These are just some of the most relevant ones, and we are sure these will be enough to pique your interest.
