Cheapest Countries to Study Data Science

M

Mrunmayai Bobade
Updated on Jul 21, 2022 05:06 PM IST

The use of data science is universal among industrialised nations, and data scientists are in high demand worldwide. While we continuously hear that data scientists around the world earn a decent amount of salary, let us discuss the top 10 cheapest countries where you can study Data Science.

Cheapest Countries to Study Data Science
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Data Science has risen to the top of the list of tech buzzwords over the past five years. This is due to businesses producing an increasing amount of data every day, especially with the introduction of the Internet of Things (IoT). Data scientists that can assist businesses in making sense of all this data are in high demand.

Many businesses have been interested in data science recently. Artificial intelligence, robotics, and the internet of things have started to affect our daily lives as we get closer to the fourth industrial revolution. Data science has undoubtedly revolutionised every major industry sector, including finance, healthcare, entertainment, sports, and many more. As per an IMB report, by 2025, data science and analytics will have 2.7 million job openings. In the US alone, salaries for data scientists will total almost USD 35 billion each year.

Many well-known colleges all around the world have recently started to offer postgraduate programmes with a focus on data science that combines cloud computing, artificial intelligence, machine learning, and business analysis. What is best? The remuneration is excellent as well; as per Glassdoor, the average yearly salary for a data scientist is USD 117,345.

Due to the massive demand, it will undoubtedly be difficult to secure a high-paying job with a renowned organisation. Your application would stand out if you have a degree from a reputable international university. Not just because of the quality of education, you have obtained, but also because of the crucial expertise, you have scooped up while living and studying abroad. Indeed, this is sure to get the attention of various businesses.

Planning to study data science abroad? Or, confused which specialisation or country is the best fit for you? Ask Experts! To date, we have helped many Indian students to enrol in data science courses abroad.

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Top Countries to Study Data Science

Numerous prestigious universities in Canada, Australia, the United States, the United Kingdom, New Zealand, and Ireland offer Masters in Data Science with a heavy focus on the business world. Before introducing the course curriculum to students, most colleges seek advice from industry professionals.

You will learn about areas including database systems, cloud computing, algorithms, business analysis, statistics, machine learning, data modelling, data visualisation, and internet technologies. Some institutions additionally cover a few programming languages, like Hadoop, SAS, Python, etc. The following are the ten top countries to study data science: 

Study Data Science in the United States

The United States is home to some of the world's top universities for studying data science. The universities with the finest data science programmes include the University of California, Stanford University, the University of Washington, and many others. The nation is renowned for offering top-notch education and promising work opportunities with some well-known businesses. In the US, big data, data analytics, and other data analytics science courses are very popular.

Data scientists recruited in the US are paid around USD 120,000 annually. The amount is greater than what data scientists make worldwide. Compared to all other countries, this figure is higher for data scientists.

Study Data Science in the United Kingdom

A student can specialise in data science from the very beginning of their academic career. Oxford University and Cambridge University are two of the most renowned universities in the world, and degrees earned there are regarded and acknowledged all over the world. In terms of most universities in the world, the United Kingdom stands next to the USA which delivers the best curriculum to pursue Data Science programmes. As a result, the UK is among the top nations for studying data science and exploring exciting career options.

In the UK, a data scientist earns a yearly salary of GBP 63,22,030. Starting pay for an entry-level data scientist is between GBP 25,000 to GBP 30,000. Depending on their years of experience, data scientists may earn as high as GBP 40,000 per month.

Study Data Science in Germany

The first research university was founded in Germany, and the nation is still a leader in science, engineering, technology, and engineering. German universities use 'praxis' or learning through experience/practice in their curriculum and provide free tuition to both German and foreign students. Germany is among the finest places to study data science because of its great programmes and inexpensive or not tuition fee.

Data science students in Germany benefit from direct training from professionals in the field in the areas of statistics, analysis, and computation. Through internships in high-tech businesses and organisations that the universities partner with, they also get to encounter real-life challenges in the business world.

The IU International University of Applied Sciences, Ludwig Maximilian University of Munich, International School of Management, the University of Tubingen, and Technical University Munich are some of the top data science universities to study in Germany.

The monthly salary for individuals looking for data science jobs in Germany is EUR 5,960. Working data scientists in Germany may expect to earn between EUR 2,740 and EUR 9,470 per year. For detailed information, check out our article on Study Masters in Data Science in Germany.

Study Data Science in Japan

Japan is an excellent option if you want to acquire a degree and have a promising career in data science since it is one of the most innovative and technologically advanced nations in the world. After graduation, there will be many job prospects as there is a raising need for more professionals in the various fields of Japanese society where Data Science may be used. These include robotics, communication, healthcare, marketing, fraud, gaming, risk detection, etc.

Gunma University, Yokohama City University, Tohoku University, Hiroshima University, and Shimane University are some of the top universities in Japan where you can study data science. Junior data science can expert to make JPY 96,73,195 annually in Japan.

However, an experienced data expert might make up to JPY 825,000 per month. In Japan, the salary cap for a data scientist is about JPY 1,270,000 per year.

Study Data Science in Denmark

Universities in Denmark consistently rank highly among the best colleges and universities in the world. It is also one of the happiest nations in the world, and anyone who has lived there has likely encountered the Danish universities' concept of 'hygge' or the joy and contentment that comes from appreciating the present. International graduates from Danish universities express high levels of satisfaction with their time spent studying and residing in Denmark.

Classes in Denmark are held in smaller groups, which allows instructors to concentrate on the learning and advancement of each person and fosters the social skills of the students. If you study data science at a Danish university, you will gain a solid theoretical grounding in big data analysis as well as hands-on experience through case studies.

Denmark is a great place to study data science because of its top-notch academic institutions. Danish universities with the best data science programmes include the Technical University of Denmark, Copenhagen Business School and IT University of Copenhagen.

Study Data Science in Italy

Italy is one of the most underappreciated nations for studying data science. Italy is a spectacular place to study abroad because it will broaden your academic understanding while also enhancing your intercultural competence and intelligence. The Sapienza University of Rome and the University of Padova are two of Italy's top institutions for studying data science.

Italy is renowned for giving excellent data scientists substantial salaries. As a data scientist, you could expect to make up to EUR 49,05,354 a year in this country.

A data scientist might earn between EUR 3,840 to EUR 8,930 per year. However, a data scientist working in Italy typically earns EUR 5,840 per month.

Study Data Science in Finland

Universities in Finland are known across the world for offering top-notch education by appearing remarkably on lists of the greatest educational institutions in Europe and the rest of the world. Cooperation and equality between students and professors are fundamental components of a good educational system in this country. 

The University of Helsinki, University of Oulu, Aalto University, Abo Akademi University, Tampere University, and Metropolia University of Applied Sciences are among the top universities in Finland where you can study data science.

Study Data Science in Norway

Norway is another top-notch nation for studying data science; it is a developed nation with reputed universities and academic institutions. Even though the country has a relatively high cost of living, the majority of its public and private colleges are supported by the government and accordingly provide free tuition to everyone, including foreign students. Additionally, students are permitted to work part-time to support their living expenses.

Norwegian society places a strong value on equality, which is noticeable in academic institutions. Professors are kind and even encourage students to challenge what they have been taught in order to sharpen their critical thinking abilities.

The University of Oslo, Noroff School of Technology and Digital Media, Norwegian University of Life Sciences and BI Norwegian Business School are a few Norwegian institutions that offer data science programmes.

Study Data Science in Cyprus

Cyprus is a little island nation sandwiched between Europe and the Middle East where you may acquire a top-notch education while taking in the stunning scenery, delectable Mediterranean cuisine, and rich culture.

Lectures from academics are blended with group discussions in data science lectures. In order to make their students extremely adaptable and capable of addressing the industry's changing needs, universities work to create a broad range of skills and competencies in their students.

The University of Nicosia, University of Central Lancashire Cyprus, European University Cyprus and the Cyprus University of Technology are a few of the universities in Cyprus that provide Data Science programmes.

Study Data Science in Poland

One of the top nations in 2022 for data science education is Poland. Quality education and affordable costs combine to make Poland a great choice to pursue data science. There are almost 400 universities offering courses in both English and Polish language that are open to international students. The fact that you won't have to pay tuition is the biggest benefit of selecting a degree taught in Polish. 

Note: It is crucial that you analyse the programme structures of each university and each country before making a choice.

Job Prospects for Masters (MS) in Data Science

For Indian students studying abroad, data science has become one of the most sought-after courses. The study of data science requires the appropriate quantity of learning as well as extensive training sessions in local and worldwide businesses. When it comes to the employment aspects of earning a Masters (MS) in Data Science, graduates can foresee earning a decent salary depending on where they find employment. Additionally, as the individual gains expertise and experience in data analysis, their pay will gradually rise.

Popular Job Roles for Analytics Graduates and Data Science 

Data science is a stream that can revolutionise the development of your career since it has important applications across several industrial sectors. The following are some popular job roles for data science and analytics graduates:

  • Data Visualization Developer

  • Data Scientist

  • AI Researcher

  • Robotics Research Scientist

  • Data Mining Engineer

  • Machine Learning Engineer

  • Big Data Solutions Architect

  • Business Intelligence Analyst

Top 10 Countries that Pay High Salaries to Data Scientists 

The salaries shown below do not accurately reflect the demand for data scientists for the respective countries mentioned in the rows. In addition to demand, there are other factors that affect wages, such as minimum basic wages, exchange rates, and purchasing power. The top 10 countries that pay the highest salaries to data scientists are listed here, along with their average salaries in USD.

Name of the Country

Average Estimated Annual Salary (in USD)

USA

1,12,000

Switzerland  

1,10,895

Norway   

87,353

Australia   

66,499

Canada        

55,104

Germany 

54,329

South Africa 

54,100

France

48,933

Netherlands  

46,148

UK

45,248

In conclusion, earning a degree in data science necessitates extensive pre-course preparation. Before you apply for the course, it would be a good idea to enrol in any online courses in Python, SAS, Hadoop, regression models, data exploration, hypothesis testing, and Spark. This will greatly improve your degree-related performance as well as your career and internship prospects.

Need detailed information about pursuing data science abroad? Write to us at abroad@collegedekho.com to resolve your queries from our experts.

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FAQs

Which is the best country to pursue masters in data science?

There are many best countries to pursue masters in data science. The United States, the United Kingdom, Canada, France, Australia, and New Zealand are among the top nations offering the finest education in data science. The USA has held the top spot for master's degrees in data science thus far.

In which country are data scientists paid the highest salaries?

Data scientists are paid the highest salaries in the USA. A global job review website has named data science the ‘greatest job in America’. Additionally, their mental health is flourishing. According to the US Bureau of Labor Statistics, the median annual compensation for data scientists in 2020 was USD 126,830.

What are the eligibility requirements to pursue an MS Data Science in USA?

There are a few eligibility requirements to pursue an MS Data Science in USA. Candidates must hold a bachelor's degree or its equivalent in computer science, engineering, statistics, economics, finance, or a related discipline to be eligible for an MS in Data Science. The majority of colleges may additionally want GRE scores, GMAT scores, and IELTS scores or TOEFL scores. For additional information, check out Top Universities in the USA Offering Masters in Data Science.

Which countries are the cheapest to study data science?

The cheapest countries to study data science are India, Norway, Norway, Germany, Japan, Denmark, and Finland are less expensive. Other ways to alleviate financial difficulties include submitting applications for bursaries, grants, and scholarships. Additionally, you can avail of student exchange programmes to experience a different academic and cultural environment.

How much do the data science programmes cost?

The cost of data science programmes differs from one university to another and, consequently, between nations. The length of the programme, the university's repute, and the country of destination are some of the most common variables that affect your educational expenses.

Is it worth studying data science abroad?

Definitely, it is worth studying data science abroad because the salary of a data scientist is fairly good and is expected to increase further by 2025, thus it is worthwhile to study. You can boost your professional career provided that you have an analytical mindset, a problem-solving approach, and the perseverance to work with large amounts of data.

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