Data science careers flourish as recruiters seek data scientists, big data analysts, and system architects to help control extensive data set efflux.
With so many businesses blooming around us, we are surrounded by data in today’s world. When they hear the word data or data scientist, everyone thinks of the IT sector, such as Microsoft or Google. However, business organizations from diverse domains like healthcare, e-commerce, BFSI, human resources, etc., also utilize the skills of data scientists to contribute to the prosperity of their businesses.
Joining a Master’s degree in Data science gives you a detailed understanding of the subject and sufficient exposure to practical learning and domain specialization. Thus, it equips you to qualify as a right fit for any business organization, irrespective of its domain.
There are various overburdenings of information regarding data science on the internet. It has given rise to confusion and whispering related to
What is data science? Which industries rely on data science? What specific tasks do data scientists do?
This blog will try to resolve all your significant queries efficiently.
Describing Data Science
Data science is the process of simplifying unstructured data sets in order to extract business insights. We can’t differentiate data scientists into a single computing science or mathematics category. So, in other words, this field also comes under the umbrella of interdisciplinary subjects that involve part of computer science, maths, statistics, machine learning, and artificial intelligence.
As a data scientist who has a greater understanding of the business and digital world, their inputs are of significant importance. The inputs finally land to business managers to make evidence-driven strategic business decisions.
Job Description of Data Scientist
The job role of a data science professional is not restricted to data analysis. It has several functioning stages and a data scientist is liable to accomplish tasks related to each stage.
Firstly, they are responsible for identifying the business problems leading to business loss. This is followed by collecting relevant data from different sources. After data collection, they should process it and remove all inconsistencies and incomplete data sets. Processing data sets makes the data unorganized and requires data rearrangement for proper data analysis.
The data analysis results are taken as inputs to predictive algorithms to construct machine learning prototypes. After the prototype is constructed, the data scientist uses it to gain insights into the organization’s business setbacks.
The last stage requires data science professionals to communicate all the business-related information to stakeholders via infographics, facts, and data.
Stakeholders then take charge of making data-driven, informed decisions.
Fulfillment of Skills Necessities Via Master’s degree in Data Science
1. Programming- It is an essential requirement for manipulating any data sets. The most utilized programming languages are Python, R, SQL, etc. Additionally, get your hands on working with databases such as MongoDB and My SQL.
- Data Imaging & Analysis- Data visualizations are only possible through graphical representation, pie charts, graphs, etc. This provides stakeholders and other senior members with an easy understanding of their organizations’ ongoing business performance in the market.
- Mathematics & Statistical Analytics- Robust knowledge of basic subjects like math, probability, logistic regression, linear algebra, integration, and vectors is required to carry out any operation in data science.
- ML, deep learning, and AI- To excel in your career, you need a thorough understanding of machine learning, deep learning, and artificial intelligence. This is important because recent technologies need innovation to sustain themselves in the ever-increasing digital world. Thus, the development of advanced systems requires knowledge of these three areas to result in automated systems performing the needed tasks.
- Troubleshooting ability- Through various assignments and projects, the data science online masters programs focus on improving an individual’s capacity for critical thinking and logical reasoning.
- Adaptability- In addition to technical skills, the data scientist role requires the ability to thrive in continuous changes. This will ensure your career success prospects. A Master’s degree in Data Science equips learners with diversified challenges throughout the coursework to develop the mindset of continuous improvement and change.
- Interpersonal skills- The data science professionals have to communicate their findings to stakeholders and business people continuously. So, it requires them to outshine in speaking and networking skills with cross-functional departments. The data science online masters programs provide young aspirants with forums and conferences to develop communication skills.
Benefits of Data Science Online Masters Programs
- In-depth knowledge of the abstract and practical logic of data science.
- Provides a way to senior positions in industries
- Qualifies aspirants to grab job offers with lucrative salaries
- Degrees offered by big universities that are recognized globally. (ex: Woolf University)
- Specialization in data science & analytics and AI & machine learning.
- Domain specialization
- Capstone and real-world projects for practice, etc.
Chances of Job Roles Post Completion Master’s Degree in Data Science
- Senior Data Scientist (INR up to 27 LPA)
- Senior Data Analyst (INR up to 15 LPA)
- Machine learning engineer (INR up to 16 LPA)
Conclusion
If you intend to enroll in data science online masters programs, then there is no need to worry about your career prospects. The field is ever-expanding, and several institutes are owing to an advanced degree program in data science. Learnbay’s Master’s degree in Data Science is one such program that includes comprehensive concepts and practical learning, with the promise of 100% job support and guidance from industry experts.