What is a Data Scientist?
Data scientists are a new breed of analytical data expert who have the technical skills to solve complex problems – and the curiosity to explore what problems need to be solved.
Data scientists are professionals who uncover and solve complex data problems with their strong expertise in certain scientific disciplines including, mathematics, statistics, computer science, machine learning, deep learning, AI, etc.
To understand what Data Scientists do, consider the use case of Uber cabs.
Data Science is at the heart of Uber’s pricing algorithm. The surge pricing algorithm ensures that their passengers always get a ride when they need one even if it comes at the cost of the inflated price.
Uber implements data science to find out which neighborhoods will be the busiest so it can activate surge pricing to get more drivers on the roads. In this manner uber maximizes the number of rides it can provide and hence benefit from this.
Uber’s surge pricing algorithm uses data science.
What is the expected starting salary of a data scientist in India?
As per the experts, Data Scientists with 5 years experience earn more than Rs 75 lakhs per annum- Times of India!
So, if you know the right skills and technologies, hold an expertise over them, sky is the limit for you!
But as a fresh data scientist, your starting average salary would be anywhere around 7 lpa and above depending on your proficiency over the technologies and skills that are in major demand.
How can one get a job with a good salary package in Data Science ?
Indian companies and startups are extremely keen in building their own analytics talent base and for that they are willing to splurge for it. As a result there is a huge demand in data science job roles and as per the statistics there are around 2,00,000 open job vacancies in this field currently. But, to get into this job role you need you need to have quite a few skills that companies look for in the right candidate-
- Strong analytical skills.
- An eye for drawing traits and patterns from huge figures.
- Exemplary statistical skills.
- In-depth knowledge and expertise over the relevant technologies that are currently trending in demand.
- A bunch of data science projects to show that you have worked upon.
Here are 5 Steps along with the sources to learn which anyone can follow to become data Scientist-
Step 1: Become familiar with python and basics of data science from the following
Step 2: Master the art of statistics and R
Step 3: Learn math behind classical machine learning
Step 4: Try your hands with Elementary Deep Learning
Step 5: Advance Deep learning
If you complete these 5 steps religiously, you can call yourself a good entry to mid level data scientist in India.
Good Luck !!