Is Data Scientist the Sexiest Job of the 21st century?

www.edureka.co/data-science

is Data science really the sexiest job of 21st century? Find out !

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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


Why Data Science is the most sought after job in

2015?


Fortune 100 Companies boardsthe data science Flight

Analysts get a salary band lift

With the data science trend gaining momentum, legacy firms build uptheir 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


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


US – SDData Scientist Avg Base Salary : 65000Number of H1B Filings : 2

US – CAData Scientist Avg Base Salary : 104149Number of H1B Filings : 2081

US – ARData Scientist Avg Base Salary : 109254Number of H1B Filings : 25

US – LAData Scientist Avg Base Salary : 61379Number 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)

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US India

Data Scientist, IT SalaryThere is rapid growth in the salaries of a data scientist all around the globe


Decoding Data Science

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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 newBut Data Science isn’t !

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Components data science?


Data Science Practitioner : Data Scientist


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


Advantages of Data ScienceUse existing data to predict future business plan


Advantages of Data ScienceMitigate 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


Data Science Career Path


Job Opportunity


Major Companies Using Data Science


Real Life Application

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BMW is using Predictive Analytics to find a place to park!

Application of Data science

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E-Commerce using it for recommendation!



Companies using it for Customer acquisition and repeat Business!


Source: http://www.forentrepreneurs.com/sales-funnel/

Journey from lead to a customer and becoming customer for more than one product/service


Companies using it for Customer churn prevention!


Demo


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.

Questions

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Survey

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Please spare few minutes to take the survey after the webinar.

Survey

Technology

Is Data Scientist the Sexiest Job of the 21st century?