Is Data Scientist still the sexiest job of 21st century? Find Out!

1. 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

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Why Data Science is the most
sought after job in 2015?

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Fortune 100 Companies boards
the data science Flight
Analysts get a salary band lift
With the data science trend gaining momentum, legacy firms build up
their 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

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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

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US – SD
Data Scientist Avg Base Salary : 65000
Number of H1B Filings : 2
US – CA
Data Scientist Avg Base Salary : 104149
Number of H1B Filings : 2081
US – AR
Data Scientist Avg Base Salary : 109254
Number of H1B Filings : 25
US – LA
Data Scientist Avg Base Salary : 61379
Number 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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Source : www.payscale.com
US India
Data Scientist, IT Salary
There is rapid growth in the salaries of a data scientist all around the globe

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Decoding Data Science

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What is Data Science
Data Science is the study of extraction of knowledge from data.
It includes varying elements and is build on techniques and theories from many fields like :
With the goal of extracting meaning from data and creating data products.
The title “Data Scientist” has been around for only a few years. (It was coined in 2008 by D.J. Patil and Jeff hammerbacher)
Machine
Learning
Mathematical
skills
Visualization
Pattern
Recognition
Data
Engineering
Computer
Programming

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Data Science Practitioner : Data Scientist

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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

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Advantages of Data Science
Use existing data to predict future business plan

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Advantages of Data Science
Mitigate 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

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Data Science Career Path

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Job Opportunity

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Major Companies Using Data Science

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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!
Application of Data science

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Companies using it for Customer acquisition and repeat Business!
Application of Data science
Source: http://www.forentrepreneurs.com/sales-funnel/
Journey from lead to a customer and becoming customer for more than one product/service

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Companies using it for Customer churn prevention!
Application of Data science

22. Demo

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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.

24. Questions
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Your feedback is vital for us, be it a compliment, a suggestion or a complaint. It helps us to make your
experience better!
Please spare few minutes to take the survey after the webinar.
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