Data scientists gather, analyze, and interpret large data sets from company databases. They use their results to create data-driven solutions to business challenges. Also, they use the results to optimize and improve product development, marketing techniques, and business strategies. Likewise, they use predictive modeling to increase and improve customer experiences, revenue generation, ad targeting, and other business outcomes. Other duties include developing predictive models and machine-learning algorithms, using data visualization techniques to present results, and working with the engineering and product development teams.
To become a data scientist, you need at least a bachelor's degree in statistics, computer science, or a relevant field. Skills like problem-solving, communication, analytical, presentation, and math skills aid success in this role. You must be experienced using statistical computer languages like R, Python, SLQ, and so on. The data scientist can earn as low as $82,000 and a high of $165,000. Their average annual salary is $115,874.
There is more than meets the eye when it comes to being a data scientist. For example, did you know that they make an average of $49.39 an hour? That's $102,732 a year!
Between 2018 and 2028, the career is expected to grow 16% and produce 5,200 job opportunities across the U.S.
There are certain skills that many data scientists have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed logical thinking, math skills and detail oriented.
If you're interested in becoming a data scientist, one of the first things to consider is how much education you need. We've determined that 50.7% of data scientists have a bachelor's degree. In terms of higher education levels, we found that 34.1% of data scientists have master's degrees. Even though most data scientists have a college degree, it's impossible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a data scientist. When we researched the most common majors for a data scientist, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on data scientist resumes include doctoral degree degrees or associate degree degrees.
You may find that experience in other jobs will help you become a data scientist. In fact, many data scientist jobs require experience in a role such as research assistant. Meanwhile, many data scientists also have previous career experience in roles such as data analyst or internship.