What is Data Science?
The concept of data Science can be best defined as a field that deals with huge volumes of data sets which is managed through the help of modern tools and technologies. In simple terms data Science can be defined as a field that deals with managing advanced analytical techniques as well as dealing in scientific principles so that valuable information can be extracted from the data that has been gathered.
In most cases the concept of data science provides better assistance when it comes to making profitable business decisions as well as conducting strategic planning by businesses. In the last few years the concept of data science has gained a lot of importance in the market thereby making it a popular subject to study by students across the globe.
Reasons to study Data Science
Digital Technologies have been gaining significant importance over the past few years with most Industries making use of digital Technologies. At this time this led to the opening up of many employment opportunities with a huge earning potential.
In the given Section, 5 major reasons have been highlighted that will show why it is beneficial to study data science in the current market and how it will add value to the future of the student.
- Increase in earning ability: In the current market it has been found that data scientists is one of the top paid jobs with an average pay somewhere around 50,000 euros. It has been found that graduates who have passed with data Science as a subject have been receiving weekly earnings close to the 50000 euros mark. Another major factor being that the following subject is globally recognised thereby allowing individuals to earn more across anywhere in the world.
- Increase in the employability opportunities: it has been found that students who have completed a bachelor in data science have the opportunity to work for 6 months as internships thereby allowing them to be provided with job opportunities right out of college. In many cases it has been found that data scientists are offered jobs at established companies such as that of Microsoft and Google, Intel and Citi, Vodafone and so on. such opportunities not only provide growth to the students but also allows them to be able to experiment.
- Learning about modern technologies: One of the major advantages that can be highlighted when it comes to learning about data science is that it allows graduates to have better knowledge about technical aspects thereby allowing them to manage modern technologies. In most cases it has been found that data Science students are taught about modern Comforts such as data modeling and machine learning as well as how to manage artificial intelligence as they are working to graduate. This allows them to get better employability opportunities right out of college.
- Increasing demand for data scientists in the market: There is an acute shortage present when it comes to data scientists worldwide as a result of which there is increasing demand in the market for data scientists. in such a situation it raises the employability opportunities for individuals thereby further increasing the demand and showcasing the profitability of studying the subject.
Learning Data Science
Considering the profitability of learning this course there are several organizations working on how to create an online course that can specifically help students with learning about this concept. It will not only improve their ability to get better employability opportunities but also provide them with the option of working in any country across the globe.
Initially there were a lot of doubts present regarding how to sell online courses to students and showcase them the importance of learning about data science. However, as modern concepts of Artificial Intelligence and machine learning become more important it soon became evident that candidates for knowledge about data science will have more opportunities in the market.
Therefore, interested students as well as working professionals can undertake online courses on the Internet to learn about the concept of data science and increase their value in the market. In this way it will be possible to prepare students of today for a technically advanced future.