Can I Work In Finance With A Statistics Degree Reddit Data Science: An Exciting Career Option

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Data Science: An Exciting Career Option

Data science is a multidisciplinary approach towards gaining valuable insights from Big data. These insights help an organization in improving its operations and making efficient and intelligent decisions. It makes use of techniques like Machine learning, Cluster analysis, Data mining, Visualization and employs the field of Mathematics and statistics.

Why Data Science?

With every passing day, the amount of Big Data is increasing giving rise to the requirement of management and processing of this Big data and Data science gains its importance from this requirement. With 2.5 quintillion bytes being produced every day, the skill of organizing this set gives one an added advantage. Companies like Google, Facebook, Microsoft are looking for experts, increasing the job vacancies in the field. The influence of Data science is across all major industries like healthcare, finance, retail, chemical, agriculture, media etc.

Skills Required

Data scientist requires mastering certain skills to excel in the field. These include R programming, Python Coding, Hadoop Platform, SQL Database/Coding, Machine learning. Besides these technical skills, Data scientist needs some soft skills: Analytical ability, Exceptional communication skills, Visualization and presentation skills, Able to work within a team, Strategic Acumen, Problem-solving skills.

Job titles offered by Data Science

Some distinguished job titles offered by Data science are:

-Data Scientist

The role of a data scientist is to handle raw data using suitable techniques. They are required to be well versed in the programming language of R, SAS, Python, SQL, MATLAB, Hive, Pig, Spark. Data scientists are skilled in Distributed Computing, Predictive modeling, Math and Machine learning. Data Scientists are employed by Adobe, Google, and Microsoft.

-Engineer

Their role is to develop, construct, test, and maintain the architecture (such as databases and large-scale processing systems). Data engineers are skilled in Database systems (SQL & NoSQL based), modeling and warehousing solutions. They are employed by Facebook, Amazon, and Spotify.

-Architect

They create blueprints for a data management system to integrate, centralize, protect and maintain data sources. They are skilled in data warehousing solutions, In-depth knowledge of database architecture, data modeling, System development, Extraction Transformation. They are hired by VISA, Logitech.

-Administrator

They ensure that the database is available to all relevant users, is performing properly and is being kept safe. They are skilled in Data modeling and design, Distributed Computing, Database systems (SQL & NoSQL based), Security, and Business Knowledge. They are employed by Twitter, Reddit.

What Data Science has to offer as a career?

Being the “Sexiest Job of the 21st Century”, Data science promises a bright career to its professionals. A report by Glassdoor says that Data scientist leads for the best job in America with a median salary of $116,000 and 1,736 job openings for Data Scientists. It offers a career full of achievements and admiration.

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