Why Data Science Is A Great Career Choice

Posted by Develop Admin
June 30, 2021

Data scientists have played a role in some of the most important discoveries of the 21st century. Skilled data scientists are in high demand across nearly every industry – here’s what you need to know about data science and the top career paths.

What Does A Data Scientist Do?

Data is truly at the heart of all technological and scientific advances, which is why scientists and other researchers rely on Data Scientists for information. Therefore, the field of data science includes work with data sources of all kinds. However, certain industries are more likely to require the services of a data scientist than others. Let’s look at some examples of what a data scientist would do in different fields:

  • Market Research: Many data scientists will analyze the results of market research surveys to look for trends. This type of data analysis will require a knowledge of both marketing and statistical analysis. You may also play a role in setting up certain types of market research studies by analyzing the results of studies that were previously done by the company.
  • Healthcare or Industrial: Some data engineers will analyze the results of studies that will play a key role in the development of new healthcare or industrial technologies, which can greatly improve and even extend people’s lives.
  • Scientific Community: Some data specialists will work with data that’s used in other scientific fields, such as geology, meteorology, and even astronomy. These data scientists will typically have training in both statistical analysis and the specialized scientific field that they’re working in.

What Is A Data Scientist’s Average Salary?

The answer to this question depends on the specific area of data science that you go into, but it is possible to make a substantial salary in this career. On average, a data scientist will earn around $165,000 per year in the US, and it’s possible to earn significantly more. In fact, some data scientists earn around $250,000 or more. The specific earnings that you expect will vary depending on your specialty and the type of work that you’re doing.

Your earnings as a data scientist will depend on a variety of factors, which include your education, experience, and the field that you’re going into. Data scientists who work for companies that earn large profits will be more likely to have strong career stability and high levels of income than data scientists working for a struggling business.

What Is The Working Environment For A Data Scientist?

The answer to this question varies considerably from one workplace to another. However, most data scientists will work in an office environment, and people in the field usually are employed on a full-time basis. This means that data scientists will typically have access to benefits associated with full-time employment, such as health insurance, a 401k, and regular paid-time-off vacation options. 

Do Data Scientists Work At Non-Profit Organizations?

In some cases, data scientists do work for non-profit organizations, and there are actually plenty of opportunities in some not for profit organizations. Here are a few examples of non-profits that hire data scientists:

  • Medical Non-Profits: Medical non-profit organizations hire data scientists to analyze information that has been gathered by medical research studies, in some cases. Furthermore, data scientists are needed to model the effectiveness of outreach programs offered by the organization.
  • Historical Non-Profit Organizations: In some cases, data scientists will work for organizations that are set up to care for historical sites. These data scientists often analyze changes in the number of tourists visiting the site, how grant writing programs have impacted donations, and other forms of data that play a crucial role in the organization’s management.
  • Outreach Programs: Most outreach programs are run by non-profit organizations, and they’ll need data scientists to analyze the effectiveness of new outreach strategies. This can have an important impact on communities at the local and national level.

How Do You Start A Career In Data Science?

If you’re thinking of becoming a data scientist, you might be uncertain about how to create a career for yourself. However, the good news is that there is not only one way to do it. In fact, there are several routes that you can take to go into the field of data science. Here are a few of the most common ways to get your start in this potentially lucrative career.

There are several highly specialized careers in data science that you might want to consider. These are a few of the most widely known examples:

  • Machine Learning Analysts: In order for machine learning to work properly, data scientists are needed to build predictive models. This field of data science can greatly advance artificial intelligence, which could lead to exciting new technologies in the near future. This field of data science requires a strong understanding of computer science in addition to statistical analysis. Therefore, it will be important to find the right education if you choose to go into this unique field.
  • Marketing Data Analysts: If you are going into marketing, then this field of data analytics might be perfect for you. Not only do companies need data scientists to take a close look at their marketing data, but you’ll also use skills in data visualization and managing data sets to provide insights to help drive business decisions.
  • Research Analysts: Businesses in the healthcare sector and other highly specialized STEM fields require research analysts. These individuals will look closely at the results of studies that were performed, which can improve the quality of services offered by science and technology companies.

Start Learning Today

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