Data scientist are responsible for turning raw data into meaningful information that companies can then use to improve the way their businesses perform. Over time, an increasing amount of organisations are turning to data to influence their day-to-day operations. From understanding consumer behaviour to the latest purchasing trends, the role of a data scientist is to discover patterns that help to solve the problems faced by businesses in imaginative and innovative ways.
Sounds good right? Well, there's more. As well as the role of a data scientist being unlike many others, they are in high demand across a variety of sectors as more and more businesses turn to data to inform their daily decisions. So, why choose data science? Here are five reasons.
1. Great Career Opportunities - As we mentioned above, the need for data scientists is growing. Leading to an increased amount of career opportunities, which are set to increase even further with an estimated 40 zettabytes of data being in existence by 2020. That's a lot of data. Careers within data science, however, aren't limited to one or two industries, they exist across multiple sectors including finance, retail, IT, academia and healthcare. This is a great bonus for someone looking to enter the industry!
2. High Professional Development - Once you've started your career as a data scientist within an organisation, there is huge scope to progress and achieve higher career prospects. Especially if you land a role within a larger company that often provide data scientist training schemes. Career progress will, of course, depend on your ability to learn the necessary skills quickly as well as your level of commitment to the organisation. Promotions are available which may involve more managerial duties, overseeing junior data scientists, recruitment and building relationships with clients.
3. Lucrative Salary - With higher career progression comes more responsibility. With more responsibility comes more money. And the further you take your career as a data scientist will reflect the amount of money you can potentially earn. The average salary for junior data scientists is around £25,000 to £30,000, rising to £40,000 depending on your experience. With a few years worth of experience, you can expect to earn between £40,000 and £60,000. Lead and chief data scientists have the potential to earn upwards of £60,000 to £100,000.
4. Flexible Work/Life Balance - In today's society, more and more organisations are offering employees greater working flexibility and this is no different for data scientists. Depending on the type of company you work for, you can expect a very good work/life balance with typical working hours 8am to 6pm, Monday to Friday. In some organisations, you may also have the opportunity to work remotely or on a flexible schedule.
5. Rewarding Profession - The role of a data scientist isn't easy. A lot of work is involved in order to understand data and use it properly to inform future decisions. With that being said, as a data scientist, when you do see your work influencing an organisation in a positive and productive way, it is very fulfilling and gives you the motivation and desire to continue making an impact.
For more information on the role of a data scientist or on the data science industry, please do not hesitate to get in touch with one of our recruitment professionals who have years' of experience within data science. Even better, visit our dedicated data science page!
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