Did you know that companies today have more data than they can process. In fact, some of them are not even storing it in the best possible format since they are not aware how to store this data! In 2012, Data Science was claimed to be the sexiest job of the 21st century. With all the data being stored & created, data science opportunities are ever growing. More and more employers are looking to hire data science professionals, which is propelling the rise in demand of data science jobs, and accordingly increase in demand of online data science courses.
A data from a technology job site showed the number of data science job postings on its platform that has increased about 32% and it considers data science a “high-demand skill.” Demand for data scientists has been on a steady upslope, with more than 3,200 openings as of every month. If you are looking to switch your IT career, then this is a lucrative option for you to try. In fact, as an IT professional, you have an added advantage of being proficient in programming, which some of the new learners lack. Let’s see what has been going on in the online learning space while we talk about data science careers and jobs.
A Data Science Career
What are the important areas in data science?
Data science is a vast field, and it offers a sea of opportunities for anyone who is interested to study. But, data science is not limited to the science of understanding the types of data available. There are several other components that you must understand if you want to be a data expert. The other equally challenging and important modules in data science include –
- Data engineering
- Big data engineering
- Data analytics
- Database management
- Data mining
- Machine learning or cognitive computing
- Data visualization, and so on.
The above-mentioned subjects should be part of every data science lesson that you are looking forward to going through.
Can Online Courses Help?
Online data science courses are the easiest way to pick up this new job profile. And with the familiarity in coding/ programming, this would be a cakewalk for you. In any case, the online self paced learning model works better because of:
- Cost effectiveness
- Self Paced
- Improves ownership
- Greater focus
- Good for permanent content
Springboard’s online data science courses go a step ahead and provide mentorship in a 1-1 format with an industry expert. Along with this, their course involves the learner to work on 2 real life data sets in an end to end format giving a taste of the work that they would do. Our career coaches provide career support services to help you prepare for Data Science interviews & also help with other important things like salary negotiations.
Here is what you should look at while you choose a course online.
- Opt for courses with a lot of practical exercises. Machine Learning involves a lot of programming and can only be learnt by practicing over and over again.
- Choose online courses that include projects. Again, you can only learn it by coding and applying models yourself.
- If possible, choose online data science courses where teachers (and not just students) can review your work and comment on what you could have done better.
Data Science Jobs
In a world with so much data, data science jobs will be relevant for a very long time. In fact, India is the second-highest country next to the US to have generated the demand for data scientists. It is estimated that over 50,000 Data Scientists would be needed in 2021!
Data Science is one of the hottest and trending technologies across the globe. It is widening its areas of applications in organizations, from top MNCs to start-ups. Some of the biggest applications of data will be in the fields of healthcare, software development, e-commerce and automotive industry. In fact, Vinod Khosla, the founder of Sun Microsystems, said this in 2013 at one of his talks:
“In the next 10 years, data science and software will do more for medicine than all of the biological sciences together.”
And this is absolutely true. From predicting the spread of COVID to understanding patient behavior towards a medicine – the field of healthcare has taken a long stride with the help of data. The average salary for a Data Scientist with less than 1 year of experience is about 7 LPA & a mid-level professional (3 to 5 years of experience) makes anywhere between 10 LPA – 14 LPA. And these numbers grow faster as you progress ahead in your career. Among other professions, Data Science has the highest rate of increase of salaries (and demand). The Future of jobs report by the World Economic Forum report has also predicted Data roles to be the fastest emerging job opportunity in 2020!!
Knowing how to learn data science has solved half the things for you. All you need to do now is gear up, and actually start doing it. If learning by yourself seems overwhelming, reach out to us at Springboard and join like minded professionals on a new expedition to learn data science!