All about Data Scientist role, qualifications, salaries, responsibilities, requirements and job trends.
Role Name: Data Scientist
In this article, we will try to explain all about Data Scientist role, qualifications, salaries, responsibilities and job trends.
The Data Scientist Role:
The role of Data Scientist is to predict the future out comes by using the data, this data can be structured, semi-structures and unstructured which referred as BIG Data. To know more about data varieties click here.
Data Scientist works with Business Users and Executive management to understand current business problems and derive use cases to address business problems. These use cases will drive the data needs and required models to run and so on.
The Data Scientist Qualifications:
It is not mandatory to have Ph.D. in stats, but good to have. Some companies make it as mandatory to have Ph.D. in stats or mathematics and other related subjects.
Realtime experience as a Data Scientist with Masters degree is preferred most the time. There are Data Scientist with just graduation and lot of statistical and modeling experience.
How to become a Data Scientist if I am in different technologies? (or) how to become a Data Scientist if I am a fresh graduate? The main reason for many ask these questions is the SALARY of Data Scientist. We will post an article regarding these in next few days.
The Data Scientist Salary:
The salary of a Data Scientist is NOT above $200000 per YEAR!
So, don’t think you are missing a great LUCRATIVE job opportunity. The salaries of Data Scientist are just about $5000 more than Software Engineers, Data Engineers, ETL Developers, BI Developers and so on. In general, they are anywhere from $100000 to $150000 for Data Scientist with up to 5 years of experience. Only less than 1% of Data Scientist are touching the $200000 mark with Ph.D., strong business domain knowledge and more than 5 years of real Data Scientist experience.
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