‘The job with the highest demand and growth in 2025 will be that of a Data Scientist.’ says The World Economic Forum’s Future of Work Report 2020. Do you know why?
More than 80% of the world’s data is becoming more unstructured with each passing year. This increasing pile of data demands more tools and workforce for storing, processing and analyzing.
Data science is a multidisciplinary field of various tools, algorithms and machine learning principles. This field comprises everything related to data cleansing, analysis and preparation. If you are interested in this field, there are a plethora of career opportunities waiting for you.
FUTURE SCOPES FOR CAREERS IN DATA SCIENCE
- Big Data Engineers, Machine Learning Engineers and Data Scientists are the top three emerging jobs on LinkedIn. As more and more organizations are opening up to Big Data, AI and ML, the demand for skilled Data Science professionals is ever increasing.
- Since 2012, the job positions for Data scientists have increased by over 650%, making Data Science one of the most trending professions.
- The use of data analytics in almost every industry has contributed to a sharp increase of 45% in the total jobs related to data science last year.
- A recent survey of The Hindu says that around 97,000 data analytics are vacant in India due to a lack of skilled professionals.
- Artificial intelligence, Machine learning, Deep Learning, neural networking, virtual and augmented reality are contributing monumental modifications in this field. Data scientists will be in high demand.
- Trending technologies like cloud computing, block chain and quantum computing transform data science and increase job opportunities for data science graduates.
- Biometrics (technology used for DNA matching, retina recognition, and voice recognition are transforming security and authentication systems) related manufacturing companies largely recruit data science graduates for technical assistance in developing various instruments.
- Data Science graduates also have opportunities in the healthcare sector. Data Science algorithms and applications can be found in Genomics, Drug Development, Medical Image Analysis, Remote Monitoring, to name a few.
- It has several applications in product marketing and live simulations, interactive demos, visualisations etc.
- E-commerce and retail are some of the most relevant industries that require data analysis at the largest level.
SKILLS REQUIRED TO STUDY DATA SCIENCE
- Strong analytical skills
- Effective communication skills
- Knowledge in statistical and mathematical operations
- Good grasp of programming languages like Java, Perl, C/C++, Python
- Critical reasoning skills
- Problem-solving skills
CAREERS IN DATA SCIENCE
- Data scientist
- Data analyst
- Data Architect
- Application architect
- Big data engineer
- Statistician
ELIGIBILITY TO DO A DEGREE IN DATA SCIENCE
Students who passed 10+2 from recognised institutions under the science stream can apply for a Bachelor’s degree in Data Science. Admission to the course is made through various entrance examinations.
ENTRANCE EXAMINATIONS
- SSU CET – conducted by Sri Sri University
- AMET CET – conducted by the Academy of Maritime Education and Training University (AMET University)
- Jain University Entrance Test
TOP INSTITUTIONS IN INDIA AND ABROAD TO STUDY DATA SCIENCE
- California University of Pennsylvania, USA
- Brigham Young University, USA
- Chaminade University, USA
- University of Amsterdam, Netherlands
- Loyola Academy Degree and PG College, India
- Indian Institute of Technology, India
- Sri Ramachandra Institute of Higher Education and Research, India
- Narsee Monjee Institute of Management Studies, India
- Jain University, India
FAMOUS PEOPLE CONNECTED WITH DATA SCIENCE
French computer scientist working primarily in machine learning, computer vision, and mobile robotics. He is the current director of AI Research at Meta.
He is the chief scientist at LinkedIn who was also the first Chief Data Scientist at the White House for Obama.
TOP INSTITUTIONS THAT EMPLOY PEOPLE IN DATA SCIENCE
- Fractal Analytics
- Mu Sigma
- Citibank
- HCL
- Uber
- Goldman Sachs
- IBM
- JPMorgan Chase
- Accenture
- KPMG
- E & Y
- Capgemini
- Amazon
- Flipkart
- Paytm
- Haptik
- Wingify
- WebEngage
