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In the contemporary digitally oriented realm, the maxim ‘Data is the New Oil' aptly characterizes the significance of data in propelling industries forward. The accumulation, assessment, and tracking of data play a pivotal role in fostering business growth, thereby directly influencing the economy.
The shifting paradigms of the 21st century have engendered the emergence of a specialized field centered on digital data – ‘Data Science'.
Delve into this discourse to gain deeper insights into Data Science, the pathway to becoming a Data Scientist in India, available courses, the role of a Data Scientist, remuneration insights, and more.
What is Data Science?
Data Science involves the analysis of structured and unstructured data, aiming to extract meaningful insights for informed decision-making. It amalgamates Business, Science, and Research, harnessing specialized tools, algorithms, and contemporary technologies such as Artificial Intelligence and Machine Learning.
Data Science courses encompass diverse aspects like Data Mining, Refinement, and Management, facilitating the extraction of valuable information. Key subjects covered include Data Analysis, Data Mining, Coding, Artificial Intelligence, Data Structures and Algorithms, Scientific Computing, among others.
Scope of Data Science:
Analytics Insight projects a substantial surge in job openings for Data Science roles in India, expected to reach 1,37,630 by 2025 from 62,793 in 2020, positioning it as a rapidly growing and high-demand domain. Experts anticipate a 30% growth in the Data Science industry over the next decade.
Various job roles that give an idea about the scope of Data Science:
- Data Scientist
- Data Architect
- Data Analyst
- Application Architect
- Machine Learning Engineer
- Business Intelligence Developer
Why Pursue a Career in Data Science?
Exploring the rationale behind studying Data Science before delving into the specifics of becoming a Data Scientist in India is crucial.
- High Demand The universal surge in demand for Data Science graduates marks it as a top employment sector with consistent growth.
- Sustainability: Despite fluctuations in employment figures, Data Science jobs exhibit resilience and continued growth.
- Job Versatility: Data Science finds applications across diverse sectors like Banking, E-commerce, Healthcare, offering job prospects across multiple domains.
- High Remuneration: Entry-level Data Scientists in India command an average salary ranging between Rs. 6,00,000 to Rs. 8,00,000 per annum, subject to expertise and experience.
- Personal Development: Pursuing a career in Data Science is intellectually demanding yet rewarding, fostering qualities like problem-solving, analytical reasoning, and mathematical acumen.
Differentiating Data Analysts and Data Scientists:
Data Science training is becoming imperative for future economic landscapes, with significant demand for professionals proficient in analyzing, interpreting, and communicating insights derived from complex data. Data Analysts and Data Scientists represent two prominent and sought-after job profiles within the Data Science domain.
- Data Analysts: Focus on interpreting existing data for efficient insights using simpler tools, earning between Rs. 5,00,000 to Rs. 7,00,000 annually.
- Data Scientists: Engage in a broader spectrum, employing advanced models, tools, and machine learning algorithms to derive insights, with an average salary range of Rs. 8,00,000 to Rs. 10,00,000 per annum.
Both careers offer distinct advantages, necessitating a thorough understanding to align with individual aspirations.
Steps to Become a Data Scientist in India:
The pathway to becoming a Data Scientist post-12th involves:
- Bachelor's Degree in Data Science: Obtain a Bachelor's Degree in Data Science.
- Master's Degree in Specializations: Qualify in the entrance exam and secure a Master's Degree in specialized areas within Data Science.
Specializations in Data Science:
- Cloud Computing
- Big Data Analytics
- Artificial Intelligence
- Machine Learning
- Deep Learning
- Network Architecture
Educational Requirements for Data Science Courses:
- Undergraduate: Completion of 10+2/2nd PUC with Physics, Chemistry, and Mathematics from a recognized board. Additional qualifications may involve KCET/COMEDK or other university entrance exams.
- Postgraduate: Graduation in a related discipline with a minimum aggregate score of 55%. Mandatory qualification in relevant entrance exams may be required.
- PG Diploma: Bachelor's degree in a relevant discipline with a minimum aggregate score of 50%. Some institutions may mandate prior industry work experience.
Soft Skills Essential for Data Scientists:
- Proficiency in Mathematics encompassing Calculus, Algebra, etc.
- Competence in programming languages like Python, R Programming, Hadoop, SQL Database.
- Expertise in statistical concepts like Probability, Skewness, Percentiles, etc.
- Familiarity with Machine Learning and Deep Learning techniques.
- Proficiency in Data Visualization Tools like Tableau, D3, etc.
Best Data Science Courses After 12th:
Undergraduate Course Details:
- Courses: B.Sc in Data Science, BCA in Data Science, B.Tech in Data Science
- Duration: 3 to 4 Years
- Admission Process: Merit/Entrance Exam Based
- Top Entrance Exams: JEE Main, COMEDK, BITSAT, VITEEE
- Course Fees: Rs. 6 to 10 Lakhs
Post-Graduate Course Details:
- Courses: M.Sc in Data Science, MCA in Data Science, MBA in Data Science and Analytics, M.Tech in Data Science
- Duration: 2 Years
- Admission Process: Entrance Exam & Personal Interview Based
- Top Entrance Exams: GATE, IIT JAM, IPU CET, CUCET
- Course Fees: Rs. 7 to 15 Lakhs
PG Diploma Course Details:
- Courses: PG Diploma in Data Science, PG Diploma in Data Science and AI, PG Diploma in Data Science and Analytics
- Duration: 1 to 2 Years
- Admission Process: Merit/Entrance Exam Based
- Course Fees: Rs. 3 to 7 Lakhs
Aspiring students can further their studies and research by pursuing Doctoral courses.
Top Data Science Colleges in India:
Quality education from renowned institutions is pivotal for a successful Data Science career. Some notable colleges offering premier Data Science training include:
- Indian Institutes of Technology (IIT), All Campuses
- Manipal Academy of Higher Education, Manipal
- Vellore Institute of Technology (VIT), Vellore
- Christ (Deemed-to-be University), Bengaluru
- NIMAS, Kolkata
Best Data Science Colleges in Karnataka:
- IISc, Bengaluru
- IIT, Bengaluru
- Christ (Deemed-to-be University), Bengaluru
- Manipal Academy of Higher Education, Manipal
- Jain (Deemed-to-be University), Bengaluru
Top Recruiters:
In the realm of Data Science, data isn't merely factual figures; it's a potent asset leveraged against competitors for business growth. Consequently, the demand for jobs in this domain continues to soar. Notable companies hiring for Data Science roles include:
- JPMorgan Chase and Co.
- Wipro
- IBM
- Accenture
- McKinsey and Co.
- Impetus
- Oracle
Now equipped with a comprehensive understanding of Data Science and the pathway on how to become a Data Scientist in India, consider enrolling in one of Karnataka's premier institutions and embark on a challenging yet lucrative career.
