The field of data science has expanded across the technological scene explosively. Everyone has been left stunned with disbelief at the meteoric rise of data science in the technological world. Now many people are asking the question – “Why is data science is still a top job?”
In this article, we will attempt to answer this question with a lot of relevant information and pertinent points. Some of them may strike home and some of them may not, but all of them are undoubtedly relevant and accurate. We will also mention how important it is to get a data science certification in today’s day and age.
The short and simple answer to the above question is that data science is becoming a top job because the demand for data scientists is witnessing a meteoric rise. There are several reasons for this and we will list them out in this article. We will also connect the points to the all-important PGP in data science course where relevant.
Why is the demand for data scientists so high?
1. Companies are inexperienced with organizing their data -
The technological revolution has taken the world by storm in the last few decades. It has brought with it a trend wherein businesses and organizations have started to digitize all the information they have in the form of massive datasets of raw data. They aim to store all the information they possess in an electronic format so that it can be manipulated and modified into a usable format by data scientists.
This has resulted in massive piles of data in the companies’ data banks which the companies are unable to convert into usable assets for lack of technical expertise and know-how. For this, they require individuals who have taken data science training in the past.
2. There is a big shortage of knowledgeable professionals -
Many agencies have submitted reports that India is going to face an acute shortage of data scientists in the next 5 years. They have calculated that there will be 190,000 job vacancies in India alone which will be left unfulfilled because not enough people are aware of the opportunities in the data science field.
Due to this shortage of skilled and competent data scientists, companies are actively seeking out individuals who possess a data science certification.
3. Many people want to join this field because of the high salaries -
Another reason why the field of data science contains the top jobs is that the job positions in this field command some of the highest salaries in the technological world. Businesses and organizations around the world are rapidly waking up to the reality of big data.
They are taking a look at companies like Google and Facebook and are realizing that a lot of the technological wonders these companies are producing and the marvelous feats they are accomplishing are only because of the power of data science. So they are willing to pay very high salaries to individuals who have data science certification training listed on their resumes.
4. The field of opportunities for data scientists is expanding -
One can no longer presume that data scientists are only desirable for tech giants like Google, Facebook, and Twitter. The applications of data science and big data have spilled over into all the industries of the world and now even small startups and medium-sized businesses are looking for data scientists who have taken the PGP in data science course.
5. The barrier of entry is very low -
The field of data science doesn’t require very extensive educational qualifications. It allows entry to professionals from all walks of life provided that they have the technical expertise and the domain-specific knowledge. These can be acquired easily by taking data science training.
Salaries in the field of data science -
1. Data scientist -
The salary a data scientist earns on average is ₹6,98,412. This salary does not include job perks, promotion bonuses, appreciation bonuses, pay raises, overtime compensation, etc.
2. Data engineer -
The salary a data engineer earns on average is ₹8,56,643. This salary does not include job perks, promotion bonuses, appreciation bonuses, pay raises, overtime compensation, etc.
3. Data analyst -
The salary a data engineer earns on average is ₹6,03,120. This salary does not include job perks, promotion bonuses, appreciation bonuses, pay raises, overtime compensation, etc.
So from the above information, we can easily see why the field of data science contains some of the top jobs in the technology sector and the IT industry right now. The rise of big data is truly something to behold and anyone who maps out the progress of data science over the past few decades can easily ascertain that this field is here to stay and is not merely a passing fad or an overhyped phenomenon.