Career as a Data Scientist:
Small intro about Data Science
Data science is about using data to solve problems. The problem could be such as predicting revenue and profit growth in next quarter of a company, Or a product recommendation such as which movie to watch next on Netflix? Or predicting the outcome such as who will be the next President of the USA? So, the core job of a data scientist is to understand the data, extract useful insights out of it and apply it in solving the problems.
What Does A Data Scientist Do ?
Analyse business requirement and solve it with data using analytical mindset, visualization tools and coding skills to predict the future of any business.
Lifestyle :
Work with consultants to understand problem statements of a project
Work with analysts in building technical solutions
Build strategies for revenue/sales growth
Convey ideas to higher management and executive board
How to become a Data Scientist
B.Tech in Computer science(specialization in Data Science)
M.Tech in Data science (BITS Pilani)
Specialization courses PG diploma in Data Science (Great Lakes, UpGrad, IIIT Bangalore etc)
How much you will earn?
In India or overseas
India
Starting from 6LPA (0-2 years of experience)
Can end up to 35LPA as experience grows
Overseas
USA
Starting from 50K USD per annum
Goes upto 150k USD per annum
How much you should expect to spend in order to become a DS ?
Fees BTech (12 lakhs)
Mtech (4-8 lakhs)
PG diploma(1-4 lakhs)
Job prospects
Consulting and financial firms have hired data scientist and data analysts in large scale. Both service based as well as product based organization's provide equal opportunity in the field of analytics and data science.
Job Satisfaction
Career objective looks very prominent and most organization's provide very good work life balance so job satisfaction is very high.
Number of years required after class 12th to become a DS
Minimum 4 years are required to become a data scientist aster 12th class
Work Life balance
Work life balance depends on the organization you will work in but most companies are offering work from home option to all data scientist.
A career might sound lucrative. But, It is important to seek right career guidance & give psychometric assessment to find the best fit career for yourself. Career counseling plays an important role in paving your path for future.
