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Masters In Data Science Programs – In 2020, the future of data science careers is brighter than ever. Why? According to Glassdoor’s Best Jobs in America lists for the past four years, data scientists rank high in job demand, job satisfaction, and pay, with an average salary of more than $100,000 per year.
So, who are data scientists today? What are the requirements to be a part of it? Our friends at 365 Data Science used publicly available data from 1,001 LinkedIn experts, including junior, senior and senior data scientists, to answer these questions.
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40% of data scientists surveyed currently work in the US; 30% of the sample is from the UK; 15% work in India; 15% from collections in other countries.
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50% of these members are currently employed by Fortune 500 companies, while the remaining 50% work for non-ranked companies.
According to research, there are twice as many male data scientists as female. Yes, they speak two languages — usually English and their mother tongue; four out of five have at least a master’s degree; and it takes 8.5 years of work experience in general to become a data scientist. Nine out of 10 use Python or R, and about 80% have at least a master’s degree. Additionally, the typical data scientist in 2020 has held the title for an average of 3.5 years.
Education is one of the three parts of many startups. This makes perfect sense, as an apprenticeship can demonstrate your skills to future employers, especially if you don’t have years of professional experience.
According to our data, the most common data scientists in 2020 have a bachelor’s degree (13%), a master’s degree (56%), or a doctorate. (27%) as their highest degree. Yes, data science requires a high level of expertise. So, while the data science field admits applicants who must have a graduate degree, a master’s degree will increase the chances of success. What about the doctor? degree? Well, judging by the numbers, it is more than this money than what is needed. Based on research over the past 3 years, this explains why the percentage is the same
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As an example, more than half of the data scientists currently working are already employed. 11% started as data analysts. Others came from academia (8.2%), initially as interns (7%), IT (2.4%), consultants (3.8%) or engineers (2.7%). 12.5% transferred from other companies.
Data science and analytics, which accounted for 21% of data scientists, is the most likely degree to get you into data science in 2020, followed by computer science (18.3%) and traditional statistics and mathematics (16.3%), the data. showed .
It is true that data scientists come from different backgrounds. However, no single degree can prepare a person for a good career in data science.
That’s why it’s not surprising that data scientists rely heavily on personal preparation. In fact, 41% of the sample included online courses on their LinkedIn profiles. This is a consistent trend over the past two years (40% in 2018 and 43% in 2019).
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74% of members use Python, 56% are proficient in R, and 51% are proficient in SQL. In terms of popularity, SQL grew 40% (36%) since 2019, approaching R.
When it comes to Fortune 500 companies and programming languages, the overall use of Python and R shows that large companies are rethinking their data organization. As unstructured as open source systems can be, unlike Matlab and C, many companies are turning to Python and R friendly these days.
What about coding in the country of employment? In 2020, Python is the undisputed king of programming languages in every country. SQL seems to have no power over Python, and is gaining popularity compared to previous years.
Data speaks louder than words. And, by the numbers, data science is increasing and continues to grow. Another thing is that in the year 2020, the university is starting to meet the growing needs by expanding the educational offerings and related degrees.
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However, you never know what the future of data science will hold in the next 2-5 years. So if you want to be updated, you can follow the 365 Data Science Blog for more work resources. “I started my career in the postal sector to sharpen my skills. I joined IIM Nagpur Fintech course from Jaro. With the help of Jaro’s corporate team, I am trying hard to find change in the house IIM Nagpur Fintech and Jaro placement team helped me get 40% increase in salary last month.”
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Dr. Sanjay Salunkhe is a first generation entrepreneur with over 30 years of experience in Education, HR Consulting and Banking in India and around the world. He is considered as one of the most respected and influential veterans in the online education sector in India.
Dr. Salunkhe started his entrepreneurial journey in 1999 by founding Net Technologies, a recruitment firm which later became one of the top 10 research firms in India. In 2009 he founded Jaro Education, an edtech company that works with top universities and research institutes to deliver courses in management, technology and technical services.
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Jaro Education pioneers innovation in the education sector, encouraging long-term relationships with its partners based on respect, trust and confidence. Jaro Education has facilitated the development of management and technology-based online courses by many Indian and international institutions such as IIM Ahmedabad, IIM Kozhikode, IIM Tiruchirappalli, IMT Ghaziabad, Rotman School of Management (University of Toronto) and Imperial College London. , and others.
Jaro Education is on a mission to define the skills of 21st century professionals, paving the way for career change, success and more. In response to the needs of fast-paced professionals, Jaro Education offers a financial management education program that allows for online MBA, Ph.D. and Ph.D., online PG and UG courses, summary and data. science, management and leadership, technical services, finance, etc., suitable for C-Suite professionals from a young age.
At Jaro Education, we believe in connecting talent with value. Our goal is to build a dedicated workforce that lives up to the challenge of delivering well. Our core values include trust, innovation, growth, diversity and equality.
Yes, Jaro Education has a dedicated B2B team for corporate learning and development needs. Jaro Education’s corporate offerings will help your employees seamlessly connect with academics and industry professionals. Much of the data generated today is unstructured data from various domains
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