Data science – why is it the hottest career right now?
Our expert Rajaram throws light on one of the most lucrative fields of study today
Exponential growth in technology leads to challenges and opportunities for business. This requires skillful people to understand these challenges and provide with business solutions to transform the way of working. There is a humungous amount of data being generated every minute, and so, industries need experts who can solve complex problems.
Data science has been a widespread topic across many businesses. With the industries moving towards the fourth industrial revolution, automation, artificial intelligence and the internet of things have begun to shape our human lives. Needless to mention, data science has revolutionised all major industry sectors including banking, health care, entertainment, sports, service sector and many more.
In the last few years, many popular universities across the world have begun to offer postgraduate programs specialising in data science with a combination of artificial intelligence, machine learning, business analysis and cloud computing.
There are many leading universities in Australia, Canada, the United States, the United Kingdom, New Zealand and Ireland that offer Masters program in data science with a strong industry focus. It is important that you understand the program requirements and how much will it cost before deciding on your destination. Don’t forget to keep in mind the visa requirements for each country and your eligibility. That’s important too.
Being a data scientist requires strong analytical and computational skills to solve complex problems. Most of the universities consult with industry experts in preparing curriculum before delivering it to the students. You will have a chance to study subjects like machine learning, data analytics, statistics, data modelling, business analysis, data visualisation, cloud computing, database systems, internet technologies, and algorithms; and if you are lucky, some universities also cover a few program languages.
It is very important that you go through each university’s program structure before you take your final decision. Some universities offers work placements, capstone projects or internships, which is a great value addition if you undertake a course with such a combination.
The program requirements vary for each university. Most of the universities in the United States prefer students to undertake the GRE/GMAT exams while many universities in Australia, Canada, UK, Ireland and New Zealand assess the students based on their academic background and may not ask for GRE/GMAT scores. Remember, English language proficiency tests like IELTS are mandatory for all the universities across English speaking nations.
Read up: All about IELTS
Being one of the hottest courses these days, Data Science can open doors to plenty of opportunities for you, not to mention handsome salary packages. This is a program that allows you to explore various verticals of an industry based on your domain expertise. With critical applications across industries, data science is a stream that can revolutionise your career growth.
Program costs will vary from university to university, and of course with each country. Some of the most common factors that impact your tuition fees include the duration of the program, ranking of the university and destination country.
There are many universities which offer a wide range of scholarships based on academic merit, so I suggest you speak with your IDP counsellor beforehand to know which ones you are eligible for. This will cut down your cost of studying drastically.
Pursuing a degree in data science requires a lot of preparation before commencing your course. It would be a good idea to take up some online courses related to Python, SAS, Hadoop, regression models, data exploration, hypothesis testing and spark before you apply for the course. This would help you immensely in doing better in your degree besides enhancing your employment and internship chances.
Hear it from students who chose data science
Kshama Sathe (Nagpur), studying MSc Information Science Data Analytics at Northumbria University, UK
Pooja, studying Masters of Applied Data Science at University of Canterbury, New Zealand
Rajaram Srinivasan is our Branch Manager at IDP Nungambakkam, Chennai Office. He is one of our senior experts with an experience of over 10 years in the field of international education. Studied to be an Engineer, he has spent a major part of his career in guiding students to pursue their higher education dreams. He has also delivered over a hundred of seminars on studying in English Speaking countries.
Having travelled to Australia and New Zealand, he has visited some of the top universities and attended several workshops to strengthen his grip and knowledge in the domain. With his distinguished experience in international education, he brings some of the very useful and real life advice for you to achieve your higher education aspirations.