Data has become the essence of our lives today. When we buy a product, we refer to data to read the reviews and then take our purchase decision. When a business launches a product, it depends on data to understand the pulse of the consumers. When we search for a particular product on our mobiles or laptops, advertisements related to that particular product keep coming up often, as our data has been captured in some database.
With so many billions and trillions of bytes of data generated every day, it becomes a daunting challenge for companies to understand the large volumes of data, and make sense of it. This is why they need the help of data scientists. A data scientist makes use of mathematical, statistical and computing skills to work on large volumes of data, and draw useful insights from it, to help the management take important decisions.
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A data scientist should be well-versed in the following skills to be able to present the data in a proper format, and to understand the patterns of the data that help businesses take appropriate decisions related to new product launches, improving sales, increasing profitability, reducing redundancies and more.
- Mathematics – Linear Algebra, Calculus, Geometry, Trigonometry and the related topics
- Statistics – Probability distribution, hypothesis testing, regression analysis and similar topics
- Computing – Programming Languages (Python & R), Data Analysis Tools (Advanced Excel), Data Visualization (Power BI and Tableau), Creating Algorithms, Coding, Artificial Intelligence, Business Intelligence, Machine Learning, Deep Learning and more
To equip yourself with all of these skills, you can study data science as your major degree (bachelor’s or master’s degree in data science), or you can opt for a stream that has data science as one of the subjects (bachelor’s in engineering, computer science, statistics, mathematics and the like).
Even if you haven’t studied data science formally as part of your degree, you can still become a data scientist, as many reputed training institutes like 360digiTMG offer professional, training and certification courses in data training so that you can brush up your knowledge on the fundamental concepts needed for this field.
These courses don’t come cheap, and before you invest in them, it is quite natural for you to think if they are worth it. We are here to answer this for you. Yes, data science course are definitely worth every penny that you invest in them, as the present and the future is data-dominated. As long as there is data in the world, data science will continue to hold a lot of value. Keep reading to know why it is a good idea for you to study data science courses and get a job in this field.
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Not restricted to industries
One of the biggest advantages of data science is that it is not restricted to any industry. All industries, including, healthcare, IT, education, banking, finance, aviation, automobiles, FMCG and more, depend on data for their overall profitability and growth. They need data scientists to help them make sense of the huge volumes of structured and unstructured data at their disposal. So, you can definitely find a lot of job opportunities in this field, at various levels.
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Lucrative career
Yes, data science courses are costly, but you can get back the amount invested in them within a short time, when you bag a data science job. This is because companies pay data scientists very well. Due to the in-depth data mining, data extraction, data wrangling and data visualization involved in their day-to-day job, data scientists have to put to use their analytical, mathematical, statistical and computing skills regularly. So, they are well compensated for their efforts.
Another important point to note here is that you can keep upskilling yourself in basic data science concepts by taking up short-term training and certification courses. These certificates add a lot of value to your career, and many companies offer cash compensation for candidates who complete data science upskilling courses from recognized institutes.
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Perennial demand
A data scientist is one of the few professions that’s going to be in vogue always. Businesses, across all industries, want to remain on top of things, when it comes to wooing their target audience and positioning their brands well in the market. So, they are heavily dependent on data scientists to do the analytical job for them.
They take important decisions based on the final report and visuals presented by these data scientists. The competitors of these businesses are also on the lookout for expert data scientists to win the race. So, the demand for data scientists is always high. So, investing in a data science course is always a prudent decision.
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Feeling important and adding considerable value to the business
It’s not often you experience a feeling of contentment and importance in your work. You may feel good sometimes when your boss appreciates you for your good work. However, you may not feel responsible for the decisions of your company in other job profiles. This is not the case in data science.
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As a data scientist, you feel good to go to work every day, as you understand that the repercussions of your work can impact the decisions made by the top management. You feel a sense of importance because you are given the task of drawing useful insights from huge volumes of data to help the management. When you feel that your job adds a lot of value to your company, you are motivated and confident always.
Bottom Line
You should go for a data science course if you are looking for an interesting and exciting career that can impact the decisions of top management. A data science course is worth your investment, as you can be guaranteed assured returns from this year after year. Data science is here to stay and rock the world with new tools and technologies like AI and NLP. So, there will never be a dearth of data science jobs in this world anytime soon. Also, with all the industries looking for experts to deal with their data, the scope of this field is really too big to ignore.
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