A data scientist is an individual who gathers and analyzes huge chunks of structured and unstructured data by combining tricks of mathematics, statistics and computer science. Data Scientists perform a less known work of analyzing, processing and modelling data and then use the result to formulate practical palms for organizations and companies. Data scientists are extremely adept in analysis who use their social sciences skills and technology to discover trends and handle data. A business poses multiple challenges and data scientists offer solutions by using industry knowledge, scepticism of existing assumptions and contextual understanding. In short, a data scientist converts unstructured and messy data from social media feeds, smart devices etc into something comprehensible.
To be eligible to become a data scientist, an aspirant must have a Bachelor’s, Masters or Doctorate degree in either mathematics, statistics, business studies, finance, economics and computer science.
Nowadays, most of the institutes are offering B.Sc/ M.Sc courses in Data Science, which is the most relevant course for becoming a Data Scientist.
Such aspirants have an advantage over the others as they possess an understanding of one aspect of data science. Some additional skills such as knowledge of programming languages (SAS, R, Python), knowledge about visualization tools such as Tableau, Power BI etc, statistics, mathematics, excel proficiency etc can be beneficial for those who are aspiring to become a data scientist.
There aren't specific sub-roles or job roles in the field of Data Science. Experts in the field of Data Science get promotions as mid-level, senior-level managers or experts after attaining the necessary experience.
A data scientist can easily become an asset in either of the following sectors in India -
Here is a list of those organizations and companies that hire data scientists -
On average, a data scientist in India can earn somewhere in the range of INR 7 LPA and INR 8 LPA. Data scientists who are in the initial days of their career can bag an annual package of approximately INR 5 LPA. With an experience between 1 and 4 years, a data scientist can comfortably earn in the bracket of INR 6 LPA to INR 6.5 LPA. The salary package of a data scientist in India is determined by his/her experience in the field. A senior-level data scientist can get an annual salary package of as high as INR 17 LPA. (The salary structure mentioned above is indicative only and is subject to change unconditionally)
Here is a list of those books which are a must-read for those who want to become a data scientist -
Listed below are some pros of becoming a data scientist -
Here are some cons of becoming a data scientist -