DATA SCIENCE

CAREER GUIDE
A Comprehensive Playbook to
Becoming a Data Scientist
BECOME PART OF
THE UPRISING
DATA SCIENCE
Over the last few years, technology has evolved at a Read this Data Science Playbook
rapid pace, enabling faster changes and processes. for a personalized roadmap to a
And organizations are opening up their doors successful career, and take a
to data science and unlocking its power, which sneak peek into the world that
increases the value of a data science professional awaits you
who knows how to harness actionable insights out
of petabytes of data.

Since data is the omnipresent force ruling our

lives now, and will be for the foreseeable future,
jobs in this domain are booming like never before.
Professionals ahead of the curve will find it easy to
keep pace with emerging jobs. 2020 is an exciting
time for professionals to stay current with tech
trends and acquire new-age tech skills.

Institute i4’s 2020 Data Science Playbook is

your complete guide to the skills required, career
opportunities available and the ideal learning
path needed to propel a career in the thriving and
lucrative field of machine learning. Our Playbook
also provides the most trending technologies, the
top companies that are hiring, and ways to
jumpstart your career.

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MARKET
STUDY FOR
DATA SCIENCE
ENTHUSIASTS
What’s Next for Data Science The Expanding Field of Data Science
Data Science has taken the world by storm. Organizations are using Data Science to enhance
Everything in today’s cloud-based business world their products, business decisions, and marketing
moves fast, producing and compiling data at a effectiveness. There has been a 29 percent increase
rapid rate. The possibilities (and potential pitfalls) in demand for data scientists year over year and
of managing and utilizing data operations are a dramatic upswing of 344% increase since 2013.
endless with new applications of Data Science being Opportunities in the field are limitless, and job roles
discovered every day—creating jobs across sectors in Data Science promise plenty of possibilities and
and giving rise to new career paths. high-paying salaries.

Data Science in Different Sectors

The field of Data Science and related technologies
are drastically changing the way business is done
across all industry sectors. These edge technologies
are gradually bringing about transformational
changes, and faster processes across sectors.

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DATA DATA
EVERYWHERE
Every time you send a text message, type a tweet, post a Facebook photo, click a link
, or buy something online, you’re generating data. And considering there are more than
3.5 billion Internet users in the world and 2 billion cellphone users, that’s a heck of a lot of
data.

Fortunately, as data has multiplied, so has the ability to collect, organize, and analyze it.
Data storage is cheaper than ever, processing power is more massive than ever, and tools
are more accessible than ever to mine the zettabytes of available data for business
intelligence. In recent years, data analysis has done everything from predict stock prices to
prevent house fires.

All that data crunching requires an army of data masters. Translation: there’s never been a
better time to pursue a career in data. Back in 2011, the McKinsey Global Institute
predicted in that by 2018 the U.S. could face a shortage of 1.5 million people who know
how to leverage data analysis to make effective decisions—we’re already on track to exceed
that number. In a recent data science report from CrowdFlower , a staggering “83% of data
scientists polled feel that there is shortage of data scientists today.”

Enter: You.

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HOTTEST
OPPORTUNITIES
IN DATA SCIENCE
Data Scientist Top Companies Hiring Data Science Professionals
The Harvard Business Review acclaimed the job of
a Data Scientist to be the ‘Sexiest Job of the 21st
century’. As a Data Scientist, you’ll determine the
business questions that need answers, and then
come up with different approaches to try and solve
the problem.
 Gather, merge and analyze data to gain insights,
and simplify data problems to develop strategies
and predictive models
 Use a wide variety of tools like Tableau, Python,
Hive, Impala, to develop and test new algorithms
for faster and more accurate data analytics

Career opportunities for Data Science professionals

have grown exponentially to meet the demands of
The average salary for a digitally transformed industries, and newer job roles
Data Scientist is $121,235 keep emerging in the field

Top 10 Big Data skills:

 Data Mining  Python  AI  Java  Hadoop

 Data  Probability and  Machine  Apache Spark  SQL

Visualization Statistics Learning

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ANALYST, SCIENTIST,
ENGINEER
The first step on your path to professional data professional? Taking stock of your three
main career options: Data Analyst, Data Scientist, and Data Engineer.

Data Analyst
A data analyst is essentially a junior data scientist. It’s the perfect place to start if you’re new
to a career in data and eager to cut your teeth. Data analysts don’t have the mathematical
or research background to invent new algorithms, but they have a strong understanding of
how to use existing tools to solve problems.

Skills and tools

Data analysts need to have a baseline understanding of five core competencies:

programming, statistics, machine learning, data munging, and data visualization. Beyond
technical skill, attention to detail and the ability to effectively present results are equally
important to be successful as a data analyst.

How it translates

Data analysts are given direction from more experienced data professionals in their
organization. Based on that guidance, they acquire, process, and summarize data. Data
analysts are the ones managing the quality assurance of data scraping, regularly querying
databases for stakeholder requests, and triaging data issues to come to timely resolutions.
They also then package the data to provide digestible insights in narrative or visual form.

An enduring curiosity about data and close examination of evolving best practices and
tools serves all data professionals well, no matter the level of seniority.

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Data Scientist
Some companies treat the titles of “Data Scientist” and “Data Analyst” as synonymous. But
there’s really a distinction between the two in terms of skill set and experience. Though
data scientists and data analysts have the same mission in an organization—to glean
insights from the massive pool of data available—a data scientist’s work requires more
sophisticated skills to tackle a higher volume and velocity of data.

As such, a data scientist is someone who can do undirected research and tackle open-
ended problems and questions. Data scientists typically have advanced degrees in a
quantitative field, like computer science, physics, statistics, or applied mathematics, and
they have the knowledge to invent new algorithms to solve data problems.

Data scientists are extremely valuable to their companies, as their work can uncover new
business opportunities or save the organization money by identifying hidden patterns in
data (for example, highlighting surprising customer behavior or finding potential storage
cluster failures).

Skills and tools

Whereas a data analyst might look at data from only a single source, a data scientist
explores data from many different sources. Data scientists use tools like Hadoop (the most
widely used framework for distributed file system processing), they use programming
languages like Python and R, and they apply the practices of advanced math and statistics.
The exact set of skills differs by organization and project, but this example from Data
Science London gives a sense of how complex the data scientist’s toolkit can be:
The most valuable nontechnical skill a data scientist brings to the table is an intense
inquisitiveness. Data scientists have to be driven to pose questions and hunt down
solutions, and in so doing to unearth information that could transform a business.
How it translates
Data scientists essentially leverage data to solve business problems. They interpret,
extrapolate from, and prescribe from data to deliver actionable recommendations. A data
analyst summarizes the past; a data scientist strategizes for the future.
Data scientists could identify precisely how to optimize websites for better customer
retention, how to market products for stronger customer lifecycle value, or how to fine-
tune a delivery process for speed and minimal waste

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Data Engineer
A data engineer builds a robust, fault-tolerant data pipeline that cleans, transforms, and
aggregates unorganized and messy data into databases or data sources. Data engineers are
typically software engineers by trade. Instead of data analysis, data engineers are
responsible for compiling and installing database systems, writing complex queries, scaling
to multiple machines, and putting disaster recovery systems into place.

Data engineers essentially lay the groundwork for a data analyst or data scientist to easily
retrieve the needed data for their evaluations and experiments.

Skills and tools

Whereas data scientists extract value from data, data engineers are responsible for making
sure that data flows smoothly from source to destination so that it can be processed.
As such, data engineers have deep knowledge of and expertise in:
• Hadoop-based technologies like MapReduce, Hive, and Pig
• SQL based technologies like PostgreSQL and MySQL
• NoSQL technologies like Cassandra and MongoDB
• Data warehousing solutions

How it translates
Data engineers do the behind-the-scenes work that enables data analysts and data
scientists to do their jobs more effectively.

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MAP TO
THE FUTURE

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WHAT DO DATA
SCIENTISTS DO?
Let’s now go back to that possibly canonical, possibly apocryphal Harvard Business Review
article about Data Scientist being the sexiest job of the 21st century. In that article, the
authors describe what Data Scientists do in admittedly rather fanciful terms:

“What data scientists do is make discoveries while swimming in data. It’s their preferred
method of navigating the world around them. At ease in the digital realm, they are able to
bring structure to large quantities of formless data and make analysis possible. They
identify rich data sources, join them with other, potentially incomplete data sources, and
clean the resulting set. In a competitive landscape where challenges keep changing and
data never stop flowing, data scientists help decision makers shift from ad hoc analysis to
an ongoing conversation with data.”

And as to who does this kind of thing?

“Think of him or her as a hybrid of data hacker, analyst, communicator, and trusted
adviser.”

If that sounds romantic, exciting, and, yes, sexy, then Data Scientist is right up your alley.
But if that prose is a bit too purple for you, consider the following as an alternative
summation:

Learn to:
• Wrangle, extract, transform, and load data from various databases, formats, and data
sources
• Use exploratory data analysis techniques to identify meaningful relationships, patterns,
or trends from complex data sets
• Classify unlabeled data or predict into the future with applied statistics and machine
learning algorithms
• Communicate data analysis and findings through effective data visualizations

In conclusion, I think we can safely say that just as data is here to stay, so too are those who
make a science of understanding it. If you’re seeking a career path that comes with
opportunity, demand, a great salary, and unrivaled work-life balance, then it’s a great time
to look at becoming a Data Scientist!

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LET THE
LEARNING
BEGIN
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our industry experts deliver course content through ness-data-analytics-iiba-cbda/
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Start one of our courses in Data Science today and
kickstart your career in the lucrative field of Data
Science.

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