Data Science: 5 Things You Must Know About This Future-Proof Career Path!
1 June 2023
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As the world continues to embrace and create data rapidly, the demand for data science increases steadily.
If you have a scientific or mathematical mind, the skills to analyse, compile and present content effectively, as well as a keen eye for detail, then a career in data science could be the right move for you to unlock your full potential!
Apart from that, you’ll be able to ride this wave for decades to come and future-proof your career in a world that thrives on data and insights.
Are you on the fence about pursuing data science?
Perhaps you might want to take a closer look at what it is all about and explore the benefits and career opportunities in this exciting field!
What Is Data Science?
Data science is an interdisciplinary field that taps into algorithms, procedures and processes to examine large amounts of data to generate insights, discover patterns and help companies with important decision-making.With roots in statistics, computer science and mathematics, data science require the usage of both structured and unstructured data. It is a growing industry which offers a big range of job opportunities – be it in computing or research – and an attractive pay scale.
5 Reasons To Pursue A Career In Data Science
1. Work With The Latest Industry Advancements
The Internet of Things (IoT) is a groundbreaking technology which is not only shaping the future but also changing the face of our daily lives and businesses.
In 2021, there were more than 10 billion active IoT devices and it is estimated that this number would exceed 25.3 billion in 2030.
Through smart devices, large amounts of data are generated wirelessly over the Internet without any human intervention. Hence, enabling organisations to offer the best services to their clients.
As IoT revolves around real-time sensor readings from smart devices, data scientists can then deduce highly accurate evaluations almost immediately – even if customer data is constantly being updated and changing.
When you pursue a data science career path, you’ll get to work with cutting-edge technology such as IoT and stay ahead of industry trends.
2. Become Valuable In A World That Demands Insights & Results
Many companies across a wide range of industries – from healthcare to e-commerce – require data scientists to process and analyse their data.
Apart from only analysing the data, the quality of data gathered is also improved by data scientists so as to offer better insights that can fuel smarter business decisions or provide better results to clients and customers.
Once you’ve acquired the valuable skill set of a data scientist, you’ll be highly valued in today’s modern workforce, which is fuelled by insights and results – regardless of which industry you choose to work for.
3. Transition Into The Tech Field
Even if you didn’t work in the tech industry prior to studying data science, the good news is that you can very seamlessly transition into a future-proof career in this exciting industry after graduating.
With a preference for those who have a graduate diploma in data science, big tech companies such as Apple and Microsoft tend to keep an eye out for applicants with these qualifications and hire them.
As there’s a high demand for data science professionals, you’ll definitely be able to secure a job in tech and contribute to advancing the way products and services impact our daily lives.
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4. Advance In Your Field & Work On Projects That Require Data Expertise
Should you choose to work in another industry such as banking or e-commerce, your data science knowledge and skills can be a game changer when it comes to boosting your work performance – especially in projects that may require data expertise.
Due to the sheer versatility of data science, you’ll have lots to offer across a large range of industries and projects. Hence, there will be opportunities for you to shine and advance in your career, regardless of industry.
5. Develop A Problem-Solving Skill Set
One of the biggest takeaways you’ll get from choosing a data science career is the fact that you’ll cultivate a problem-solving skill set which can ultimately help businesses to thrive.
Apart from the workplace, this problem-solving attitude can also help you to grow on a personal level and enable you to think outside the box when coming up with solutions – be it for work or a day-to-day situation.
Why Choose A Career In Data Science (Career Opportunities):
Some data science careers to explore include:
- Data scientist
- Big data analyst
- Hadoop developer
- Programmer
- NoSQL database developer
- Researcher in data science and data mining
The median annual salary of a data scientist is $90,000, so you can expect to earn slightly below this amount if you’re starting out and have it gradually increase as you accumulate work experience and progress in your career.
As data scientists along with other computational and data research jobs have an expected growth of 21% between 2021 and 2031, the demand will continue to be there in the near future. Hence, there will be lots of opportunities if you pick this career path.
Pursue Your Data Science Career With SIM
Now that you have a clearer idea about the benefits of embarking on a data science career path, take the next step towards a career in data science by enrolling in our Graduate Diploma in Data Science, which is awarded by the University of London.
Through this programme, you’ll dive into long-established areas such as statistics, data mining, machine learning and databases as well as modern and strongly related fields such as big data management and analytics, sentiment analysis and social web mining.
Apart from that, expect to pick up the computational techniques required to efficiently analyse large data sets under expert guidance, analyse social media trends and make financial predictions based on the data gathered.
If you’re ready to take the plunge, get started by submitting an enquiry or requesting a brochure.