Last Updated on March 8, 2022
The field of data science is getting a lot of attention recently and has opened a door for plenty of job opportunities. Companies have already recruited plenty of data scientists. But there is still a good number of recent job portals listings.
The non-stop progression in technology advancements releases tons of data as a by-product. It consists of the tiniest information stored in our smartphones and its apps. Data science is considered one of the hottest career paths as of now and for the future.
A lot of online course in data science is available on the internet and can be an excellent option to start. You would first need to check the types of courses along with availability, before looking into advantages of taking up said course online.
So, if you are planning to step into this fascinating field, take a look at the advantages listed below.
Benefits of Studying Data Science
1. Placement at a good company.
Wait – let us rephrase the heading to “placement at the world’s best companies.” Once you have mastered data science, you get fantastic opportunities to work with famous companies like Apple, Microsoft, Google, and Amazon.
These companies have tons of data to look after, and they use the techniques of data science to increase sales of their products and services. Furthermore, data science is one the best examples of Uber’s heave pricing.
2. Earnings are good.
The average salary of a data scientist in the United States is approximately $120,000, and can rise to as much as $150, 000.
A lot of data science graduates found a job with a median salary of $114, 000 without any difficulties. Data science jobs are placed on the number one position among the top 25 best jobs according to a survey in 2016. And the best part is that it still holds the number one position in 2019!
3. Training, courses, and certifications.
Every job requires certain certificate and training qualifications. Data scientists with certifications and experience can expect around 60 percent rise in their pay, which, when compared to a non-certified professional, is higher as they have only 35 percent chance in pay rise.
The path for pay rise and promotions has no speed breakers for certified data scientists; but this doesn’t mean that self-taught data scientist cannot get promotions. If you meet the requirements of the company and work effectively, no one can stop you from progressing to higher positions with better pay.
4. Never-ending demand for data scientists.
A data scientist has a lot of paths to choose from, few of which are:
- Project management
- System architecture
The demand in these areas is enormous, and companies will continue to hire data scientists in the coming future.
5. Data consultancy.
The job’s growth rate isn’t slowing down, and a lot of students have already chosen data science as a career. The job growth rate for information security analyst for instance, is 280 percent (and the same goes for similar profiles as well). More than a million data scientists were in demand in 2018, and as per IBM’s prediction, the need for data scientist will never be low.
6. Secure career to pursue.
With technology changing every day, people have come to accept that anything popular today will be outshone by the next best thing tomorrow. But that’s just not the case with data science.
This doesn’t mean that a data scientist should stop learning new things. Learning new stuff about your industry will increase the chances of job security and promotions.
Automation for example, is taking over quickly and some routine work in companies is now usually performed by Robotics process automation. So, there’s a chance that in future, some areas of data science will be automated, but most of them will still require manual work.
The advantages of choosing data science as a career are not limited to the ones we have mentioned. If you are interested in data science and want to make a career of it, you should start learning today.