What is Data Science? Definition, Course, Jobs, Salary, Skills, and How to Become a Data Scientist
Updated on: 26th November, 2024
2.5 quintillion bytes. That's how much data is generated around the world on a daily basis. What's another shocking fact is that 90% of the world's data has been generated in the last 2 years alone.
In this environment, people who can break down this volume of information and derive meaningful conclusions out of it are surely going to lead the 21st century, and a BSc Statistics and Data Science from SGT University puts you in that exact spot!
Table of Contents
In this blog, we will attempt to explain everything related to data science, including the related programs at SGT University, one of the best colleges in Delhi NCR. You will understand how our BSc Statistics and Data Science program builds you up to shine in the industry with top-of-the-line faculty training and real-world experience.
What is Data Science?
Data Science Definition
Using scientific methods, algorithms, and systems, data science looks to extract knowledge and meaningful insights from structured and unstructured data. The field encompasses:
- Advanced statistical analysis and mathematics
- Machine learning and artificial intelligence
- Programming and database management
- Data visualisation and communication
- Problem-solving and critical thinking
The Role of Data Science in the Modern World
From Netflix to healthcare, data science is bringing change to every industry. Its applications can include:
- Customer behaviour prediction for e-commerce
- Optimising supply chains and logistics
- Developing personalised medical treatments
- Fighting financial fraud
- Enhancing cybersecurity measures
Who and What is a Data Scientist?
Understanding the Role of a Data Scientist
Often called the "unicorn" of the modern workplace, a data scientist is supposed to have a combination of technical expertise, good business instincts, and communication skills. Their responsibilities can include:
- Collecting and sorting large datasets
- Developing predictive models and algorithms
- Data visualisation and dashboard creation
- Stakeholder management
- Solving for complex business problems through data analysis
Qualities of a Successful Data Scientist
- Analytical and problem-solving abilities
- Excellent communication skills
- Continuous learning mindset
- Attention to detail
- Business instincts
- Domain knowledge
Data Science Required Skills
Essential Skills for Data Scientists
Technical Skills:
- Python, R programming
- SQL and database management
- Machine learning algorithms
- Statistical analysis
- Data visualization tools
Soft Skills:
- Communication
- Problem-solving
- Critical thinking
- Team collaboration
- Business acumen
Why Should You Pursue Data Science?
The Demand for Data Scientists
The demand has never been higher. It is projected that the Indian job market will face a shortage of 3.5 million data professionals by 2025. This skill gap means that a data science graduate will have unprecedented opportunities in the field.
Advantages of Pursuing a Career in Data Science
- Exceptional salary packages (INR 5-8 lakhs for freshers)
- Many career growth opportunities
- Job security in a high-demand field
- Chance to work on cutting-edge technologies
- Opportunity to make a real-world impact
Data Science Career Opportunities
Data Science Jobs
- Data Scientist
- Machine Learning Engineer
- Data Analyst
- Business Intelligence Analyst
- Research Scientist
- Data Architect
- Database Administrator
- Quantitative Analyst
Data Science Career Path in India
The career progression is typically as follows:
- Junior Data Analyst/Scientist (0-2 years)
- Senior Data Scientist (2-5 years)
- Lead Data Scientist (5-8 years)
- Data Science Manager (8+ years)
- Chief Data Officer (12+ years)
Data Science Career Salary
| Career Roles | Skills Required | Average Salary (INR) |
|---|---|---|
| Data Scientist | Python, SQL, ML Algorithms | 5-8 Lakhs (Entry-Level) |
| Machine Learning Engineer | R, TensorFlow, Big Data | 12-18 Lakhs (Mid-Level) |
| Chief Data Officer | Leadership, AI, Analytics | 35+ Lakhs (Leadership Roles) |
How to Become a Data Scientist?
One of the most important steps to take to pursue this line of work in India is to find a top colleague for a Bachelor of Science (BSc) degree with a specialisation in data science. SGT University in Gurugram, Haryana, offers such a program that has become renowned for its effectiveness.
ALSO READ: What Are the Options After Studying Statistics & Data Science?
SGT University: Shaping the Future of Data Scientists
Why We're the Best Choice for Data Science?
SGT University's BSc Statistics and Data Science program stands out among many, what with its:
- Flexible 3-year degree or 4-year honours with research options
- Comprehensive curriculum that combines practical training
- Top-of-the-line computing facilities and data labs built-in
- Expert faculty with industry experience
- Strong industry partnerships for placements
- Affordable course fee of INR 1,00,000 per annum
- Partnerships with top tech companies like Amazon or TCS
Data Science Course Details
Data Science Course Syllabus and Subjects
- Probability Theory and Statistical Inference
- Programming fundamentals in Python and R
- Database Management Systems
- Machine Learning algorithms and applications
- Big Data Analytics
- Data Visualization techniques
- Research Methodology (for honours students)
- Natural Language Processing
- Deep Learning fundamentals
Data Science Course Fees
The annual fee for the BSc Statistics and Data Science program is around INR 1,00,000 (Per Annum). Merit-based scholarship options are available for students.
Data Science Course Eligibility
Completion of 10+2 with Physics, Chemistry, and Mathematics, and a minimum of 60% marks.
ALSO READ: Why BSc in Statistics & Data Science Can Transform Your Career After 12th?
Conclusion
The world stands on the cusp of a data revolution that shall fundamentally change the way we live, work, and solve global challenges. As this new age dawns, data scientists are not just professionals. They are the pioneers of the future of human knowledge and innovation. The question is no longer whether to join this revolution, but how to position yourself at the vanguard of this revolution.
We are not just training data scientists at SGT University, but empowering the next generation of thought leaders in charge of innovation, policy-shaping, and problem-solving for a better tomorrow.
Join SGT University's BSc Statistics and Data Science program and get familiarised with cutting-edge data labs, establish relationships with top-notch mentors in the industry, and become career-ready in one of the world's top-grossing industries. Apply now for a transformational experience!
Key Points: Data Science
- Comprehensive and Future-Focused Curriculum: SGT University's BSc Statistics and Data Science program equips students with essential knowledge in machine learning, big data analytics, and deep learning, ensuring they are prepared for future industry demands.
- Hands-On Learning: Students benefit from state-of-the-art computing facilities and data labs, gaining hands-on experience with industry-standard tools like Python, R, and SQL.
- Expert Faculty and Industry Exposure: The program is delivered by experienced faculty with strong industry backgrounds, ensuring a blend of academic rigor and practical insights.
- Research Opportunities: The 4-year honours track includes opportunities to participate in cutting-edge research, enabling students to explore innovative solutions in data science.
- High Demand for Graduates: With a growing need for data professionals, SGT University graduates can pursue roles like Data Scientist, Machine Learning Engineer, and Business Intelligence Analyst, meeting the increasing industry demand.
- Affordable Fees with Scholarships: The program offers an affordable annual fee of INR 1,00,000, with merit-based scholarships and flexible payment options, making quality education accessible.
- Structured Career Path: SGT University provides extensive placement assistance, internships, and mentorship programs, supporting students from entry-level roles to leadership positions.
- Exceptional Salary Prospects: Graduates from the program are positioned to secure competitive salaries, starting from INR 5-8 lakhs per annum for freshers, with rapid career growth opportunities.
- Networking and Industry Connections: SGT University's partnerships with top industry players ensure valuable networking opportunities, giving students an edge in placements and career advancement.
- Driving Social and Technological Impact: The program not only focuses on technical skills but also nurtures problem-solving and business acumen, enabling students to solve real-world problems and make impactful contributions to society.
SGT University's BSc Statistics and Data Science program sets the stage for a successful career in one of the most sought-after fields globally, ensuring students lead the data-driven revolution.
Data Science: FAQs
1. Is data science a coding job?
Yes, data science involves coding. Data scientists often use programming languages like Python, R, SQL, and others to clean data, build models, and extract insights. However, the role also includes problem-solving, statistical analysis, and communication, making it more than just a coding job.
2. Is data science a good career?
Absolutely! Data science is a highly rewarding career with high demand, competitive salaries, and diverse applications across industries such as healthcare, finance, e-commerce, and more.
3. Who is eligible for data science?
Eligibility typically requires a background in mathematics, statistics, or computer science. At SGT University, for instance, the BSc Statistics and Data Science program requires 10+2 with Physics, Chemistry, and Mathematics with a minimum of 60% marks.
4. Is a data scientist's salary good?
Yes, data scientists enjoy excellent salaries. Freshers often start with INR 5-8 lakhs per annum, and senior-level professionals can earn INR 20-35+ lakhs per annum.
5. Which course is best for data science?
SGT University's BSc Statistics and Data Science program is an excellent choice, offering a comprehensive curriculum, hands-on training, and strong industry connections.
6. What is a data science job salary?
The salary ranges from INR 5-8 lakhs per annum for entry-level roles to over INR 35 lakhs per annum for leadership positions, depending on experience and expertise.
7. What is data science in simple terms?
Data science is the process of analyzing large amounts of data to find meaningful insights that help solve problems or make decisions.
8. Is data science an IT course?
Not exactly. While it overlaps with IT in areas like programming and database management, data science also incorporates statistics, machine learning, and domain knowledge, making it more interdisciplinary.
9. What exactly does a data scientist do?
A data scientist collects, cleans, and analyzes data to build models and extract actionable insights. They communicate findings through visualizations and reports, solving business challenges using data.
10. Where is data science used?
Data science is used in diverse fields such as:
- Healthcare (diagnostics, personalized treatments)
- Finance (fraud detection, credit scoring)
- Retail (customer behavior predictions, recommendations)
- Transportation (route optimization, autonomous vehicles)
11. What is the qualification for a data scientist?
Typically, a bachelor's degree in mathematics, statistics, computer science, or engineering is required. Advanced roles often require a master's degree or specialization in data science.
12. Is a data scientist's salary good?
Yes, data scientists are among the highest-paid professionals globally, with lucrative salaries and fast career progression.
13. Is a data scientist an IT job?
Not strictly. While it involves IT-related skills like coding and database management, it also requires knowledge in statistics and business domains, setting it apart from traditional IT roles.
14. How to become a data scientist?
To become a data scientist:
- Enroll in a program like SGT University's BSc Statistics and Data Science.
- Master programming, statistics, and machine learning.
- Gain practical experience through projects and internships.
- Build a strong portfolio and network with professionals.
15. What qualifications do you need to become a data scientist?
You need strong foundations in mathematics, programming, and analytical thinking. A degree like SGT University's BSc Statistics and Data Science is an ideal start.
16. How long does it take to become a data scientist?
It typically takes 3-4 years to complete a bachelor's degree, and an additional 1-2 years of specialized training or experience to secure advanced roles.
17. What is a data scientist's salary?
Entry-level salaries range from INR 5-8 lakhs per annum, with mid-level professionals earning INR 12-18 lakhs and senior-level roles offering INR 20-35+ lakhs per annum.
18. Does SGT University provide global opportunities for data science students?
Yes! With strong industry partnerships, SGT University's program opens doors to global companies and international exposure.
