Is Data Scientist the Sexiest Job of the 21st century?
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This document discusses why data science is the most sought after job in 2015. It outlines the career opportunities and advantages of data science jobs. Major companies are increasingly using data science to analyze large amounts of data and make predictions. Data science jobs have high salaries and growth potential, which is why they are considered very attractive careers. The document concludes that data science is indeed the sexiest job of the 21st century due to the high pay, difficultly of hiring qualified professionals, and importance of the field.
Is Data Scientist the Sexiest Job of the 21st century?
- 1. www.edureka.co/data-science is Data science really the sexiest job of 21st century? Find out !
- 2. Slide 2Slide 2Slide 2 www.edureka.co/data-science At the end of the session, you will be able to know: Why Data Science is the most sought after job in 2015? Career Opportunities with Data Science Advantages Data Science Understand how Companies are using Data Science? Agenda
- 3. Slide 3Slide 3Slide 3 www.edureka.co/data-science Why Data Science is the most sought after job in 2015?
- 4. Slide 4Slide 4Slide 4 www.edureka.co/data-science Fortune 100 Companies boards the data science Flight Analysts get a salary band lift With the data science trend gaining momentum, legacy firms build up their data science teams Companies looking to recruit Data Scientists need to make sure their bands are competitive and think of other ways to lure talent, since they will be competing with multiple offers Data Science a Dream Job
- 5. Slide 5Slide 5Slide 5 www.edureka.co/data-science Top 6 Predicted Jobs in this Decade in US Source : https://www.pinterest.com/tolgadurdu/the-age-of-big-data/ As per the survey from Pinterest, Demand for Data science would be growing at a very high rate
- 6. Slide 6Slide 6Slide 6 www.edureka.co/data-science US – SD Data Scientist Avg Base Salary : 65000 Number of H1B Filings : 2 US – CA Data Scientist Avg Base Salary : 104149 Number of H1B Filings : 2081 US – AR Data Scientist Avg Base Salary : 109254 Number of H1B Filings : 25 US – LA Data Scientist Avg Base Salary : 61379 Number of H1B Filings : 29 Source : http://davocado.com/ The average base salary of foreign workers who got data science related job and in each state, based on disclosure data of foreign labor H1B certification application tables from 2012 – 2015 released by the US Department of Labor Data Scientist, IT Salary (Foreigners in US)
- 7. Slide 7Slide 7Slide 7 www.edureka.co/data-science Source : www.payscale.com US India Data Scientist, IT Salary There is rapid growth in the salaries of a data scientist all around the globe
- 8. Slide 8Slide 8Slide 8 www.edureka.co/data-science Decoding Data Science
- 9. Slide 9Slide 9 www.edureka.co/r-for-analyticsTwitter @edurekaIN, Facebook /edurekaIN, use #AskEdureka for Questions What is data science? Extracting meaningful and actionable knowledge from data “More data usually beats better algorithms!” Such as: Recommending movies or music based on past preferences “Data Science” is new But Data Science isn’t !
- 10. Slide 10Slide 10 www.edureka.co/r-for-analyticsTwitter @edurekaIN, Facebook /edurekaIN, use #AskEdureka for Questions Components data science?
- 11. Slide 11Slide 11Slide 11 www.edureka.co/data-science Data Science Practitioner : Data Scientist
- 12. Slide 12Slide 12Slide 12 www.edureka.co/data-science Statistical modeling and technical aptitude Business Acumen Programming Data warehousing Business Intelligence Business Analyst Data Analyst Data Scientist Junior Data Scientist Decision Scientist Skills Required Job Roles Career Path
- 13. Slide 13Slide 13Slide 13 www.edureka.co/data-science Advantages of Data Science Use existing data to predict future business plan
- 14. Slide 14Slide 14Slide 14 www.edureka.co/data-science Advantages of Data Science Mitigate Frauds By Proactive Detection using Predictive Analytics and Machine learning Fact: Billions of dollars are lost every year because of the frauds in various domains Aberdeen analyzed, different types of prevailing frauds and companies’ readiness to deal with that. Certain financial frauds occur more frequently, but organizations are well prepared for such incidents such as check fraud, credit/debit card fraud,ACH fraud etc. Source : http://v1.aberdeen.com/c/report/benchmark/8189-RA-fraud-big-data-visibility.pdf
- 15. Slide 15Slide 15Slide 15 www.edureka.co/data-science Data Science Career Path
- 16. Slide 16Slide 16Slide 16 www.edureka.co/data-science Job Opportunity
- 17. Slide 17Slide 17Slide 17 www.edureka.co/data-science Major Companies Using Data Science
- 18. Slide 18Slide 18Slide 18 www.edureka.co/data-science Real Life Application
- 19. Slide 19Slide 19Slide 19 www.edureka.co/data-scienceSource: http://fortune.com/tag/predictive-analytics/ BMW is using Predictive Analytics to find a place to park! Application of Data science
- 20. Slide 20Slide 20Slide 20 www.edureka.co/data-scienceSource: http://fortune.com/tag/predictive-analytics/ E-Commerce using it for recommendation! Application of Data science
- 21. Slide 21Slide 21Slide 21 www.edureka.co/data-science Companies using it for Customer acquisition and repeat Business! Application of Data science Source: http://www.forentrepreneurs.com/sales-funnel/ Journey from lead to a customer and becoming customer for more than one product/service
- 22. Slide 22Slide 22Slide 22 www.edureka.co/data-science Companies using it for Customer churn prevention! Application of Data science
- 23. Demo
- 24. Slide 24Slide 24Slide 24 www.edureka.co/data-science The Big Question! Is Data Scientist really the sexiest job of 21st century ? Answer – Yes, it is really the sexiest job of 21st century. • They are the most adorable job in market. • They are the among the most paid job • They are difficult and expensive to hire and, given the very competitive market for their services, difficult to retain. • There simply aren’t a lot of people with their combination of scientific background and computational and analytical skills.
- 26. Slide 26 Your feedback is vital for us, be it a compliment, a suggestion or a complaint. It helps us to make your experience better! Please spare few minutes to take the survey after the webinar. Survey
- 27. Slide 27 Your feedback is vital for us, be it a compliment, a suggestion or a complaint. It helps us to make your experience better! Please spare few minutes to take the survey after the webinar. Survey