Essential Data Science Skills You Require In 2024

published on
Jul 2, 2024
4 Min REad
Table of Content

Do you want to unlock one of the most in-demand and high-paying careers in India? Look no further than data science skills.

Data science involves using advanced statistical methods and machine learning algorithms to analyse data. With the exponential growth of data and digital technologies, businesses are relying on experts who can extract valuable insights from vast amounts of information.

In this article, you will learn how to master the key skills required for a career in data science and how to use them to enhance your career.

What is Data Science?

Data science is a multidisciplinary field that involves using statistical analysis, machine learning, and big data analytics to extract insights from complex data sets.

Companies use data science to gain insights into customer behaviour, optimise business processes, improve decision-making, and develop new products or services.

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Skills Required in Data Science

Key technical skills

  1. Proficiency in Python or the R programming language: Both Python and R are widely used languages in data science. You should have proficiency in at least one of these languages.
  2.  Familiarity with database querying languages like SQL: SQL (Structured Query Language) is used to manage and manipulate relational databases.
  3.  Experience with big data frameworks like Hadoop: Hadoop is an open-source software framework that enables the distributed storage and processing of large datasets across clusters of computers.
  4.  Knowledge of cloud computing platforms like AWS or Azure: Cloud computing platforms enable users to access computing resources over the internet on demand. AWS (Amazon Web Services) and Azure are two widely used cloud computing platforms used extensively for storing and analysing big data.
  5.  Understanding Data Visualisation Tools like Tableau: Tableau is an excellent tool for creating visualisations that can help you communicate your insights effectively.

Key analytical skills

  1. Knowledge of Statistics and Probability Theory: Data scientists should be proficient in probability theory as well as statistical inference methods such as hypothesis testing, regression analysis, etc.
  2. Understanding machine learning algorithms: Machine learning is a fundamental part of data science, so it's essential to have a deep understanding of the various algorithms used in machine learning.
  3. Knowledge of Supervised and Unsupervised Learning Techniques: You should be familiar with methods such as decision trees, k-nearest neighbours, clustering, etc.

Key soft skills

  1. Critical Thinking: With critical thinking skills, you will be able to examine problems from different angles and develop innovative solutions.
  2. Problem Solving: Your ability to solve complex problems will help you derive insights from large datasets.
  3.  Communication: As a data scientist, you'll be expected to communicate your findings effectively with both technical and non-technical professionals alike.
  4. Collaboration: Teamwork is an essential part of data science; thus, collaboration skills are crucial to working successfully in a team environment.

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Job Roles in Data Science

Each role in data science comes with unique responsibilities. Salaries in data science depend on various factors like experience, education qualification, skillset, etc.

Here's a table summarising the role and average salary range for each job title:

Job Title

Role and Responsibility

Average Salary Range (per annum in INR)

Data Analyst

Collecting and analysing data

4 lakh–8 lakh

Data Scientist

Extracting insights from complex datasets and developing predictive models

6 lakh–16 lakh

Machine Learning Engineer

Developing algorithms that enable machines to learn from data

7 lakh–20 lakh

AI Specialist

Creating intelligent machines that can perform human-like tasks

10 lakh–25 lakh

Data Architect

Managing the organisation's overall data architecture framework

12 lakh-25 lakh

Big Data Engineer

Designing, building, maintaining, and troubleshooting big data ecosystems

8 lakh-20 lakhs

Statisticians

Statistical modelling and hypothesis testing on large datasets

6 lakh-15 lakhs

Job Potential and Career Growth

According to LinkedIn, data science is one of the fastest-growing job roles globally. Companies across various sectors are looking for skilled data professionals who can help them drive growth through data-driven insights.

You can specialise in various fields like machine learning engineering, business analytics, or artificial intelligence and explore opportunities across different industries. With experience and expertise, you can take on leadership roles as a chief data officer or chief analytics officer.

Education, Certification and Upskilling Options

There are various education and certification options available in India for those interested in pursuing a career in data science. You can enrol for undergraduate degrees like BSc or B.Tech. in Computer Science or IT with a focus on data science or opt for postgraduate degrees such as MSc or MTech

Apart from degree programmes, you can also opt for professional certification courses that validate your expertise in specific areas. Popular certification programmes include the IBM Certified Data Scientist, Google's TensorFlow Developer Certificate Programme, etc.

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Finally, Upskill Yourself

Upskilling is crucial to stay ahead in a competitive field like data science. You can choose from a vast range of upskilling programmes offered by online education platforms. These programmes are short-term and focus on skill-based learning.

Our experts at WIZR are available at the click of a button to guide you in choosing the best courses and assist with financial help to enhance your career in data science.

FAQs

1. Which stream in class 12 is preferred to pursue a course in data science?

The math or computer science stream is ideal for pursuing a course in data science.

2. How much does a typical business analyst earn in India?

A typical business analyst earns between ₹5 LPA to ₹11 LPA based on experience level.

3. Which sector pays the best for data science professionals?

Finance and e-commerce are the highest-paying sectors for data scientists.

4. Does domain expertise matter when pursuing a career in data science?

Yes, expertise in a particular industry or domain can give you an edge over others when looking for job opportunities, as it helps you understand the business context better.

Key takeaways

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