Lucrative Career Avenues For Data Science Aspirants


Posted June 18, 2020 by dypatilbschool

Today, businesses are harnessing data with the help of data science. Since it is helping organizations to enhance their customer experience, and improve current processes.

 
Today, businesses are harnessing data with the help of data science. Since it is helping organizations to enhance their customer experience, and improve current processes, moreover, it is assisting them in making better decisions that result in higher ROI in time.

These factors have created a higher demand for data science experts who have studied PGDM in Business Analytics. If you are interested in pursuing a career in this domain, you would want to know what it entails for you after completing your studies.

To help you find answers to your questions. In this article, we have created a list of top career profiles that will open for you.

Business Analyst

The primary responsibility of a Business Analyst is to communicate with business stakeholders to understand their requirements. After these conversations, they have to develop cost-estimate models that can fulfil the requirements. Some other duties of a Business Analyst include-

Improving processes by understanding current practices.
Analyzing business requirements of customers
Collecting and analyzing information about trends to prepare technical reports.

Business Analyst salary in India ranges between 8 to 10 Lacs per annum.

Data Architect

A Data Architect daily task involves creating, deploying and managing the data architecture for an organization. Additionally, they define the practices regarding data management. These practices have to be followed by everyone in the organization. The other responsibilities of a Data Architect include:

Evaluating client needs and providing database solutions.
Designing and implementing effective database solutions.
Monitoring database implementation procedures.
Making sure data management procedures comply with internal and external regulations.

The salary of a Data Architect is around 7 to 9 Lacs per annum in India.

Data Scientist

A Data Scientist is someone who is responsible for extracting meaningful data from a vast array of unstructured data. To do this, they have to spend most of their time in collecting and analyzing data. They do this with the help of algorithms and computer programming languages. A few other responsibilities of Data Scientist includes-

Identifying patterns and trends by analyzing data.
Making presentations so that other stakeholders can understand their analysis.
Provide recommendations.

Data Scientist earns around 9 to 11 Lacs per annum in India.

Conclusion

These are a few top profiles you can pursue. If you want to do something else, there are various opportunities open for you. Data science is a rapidly growing industry. It provides not only exciting opportunities but also gives lucrative salary packages.

If you want to pursue a successful career in this domain, then you would need to have specific skills. You can develop and enhance these skills by studying Business Analytics from top PGDM Colleges in Pune, Delhi, Mumbai, Hyderabad or any of your choice of city.
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Last Updated June 18, 2020