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The 21st century is driven by technology and ruled by Big Data. Most business organizations in diverse sectors are utilizing data to enhance their operations. One field that gained prominence in this era was Data Science. It emerged as one of the most promising fields of this century and transformed the face of the global business sector. But what exactly is Data Science and why has it become a buzzword in today’s market? Let’s find out!
A massive amount of data is generated each day in the market. Processing this data and making its optimum use involves Data Science professionals. Data Science in simple words is obtaining insights and knowledge, and almost anything and everything of value from data. Using various tools, algorithms, and machine learning principles for obtaining data, organizing it, processing it, and extracting insightful information from it lies under the scope of Data Science. It helps professionals make sense of the raw data and discovering ways to implement these findings for the enhancement of businesses. We must also note that it is one of the most evolving and dynamic fields. It ventures to go beyond the traditional skills of data analysis, data mining, and programming skills and commands the data science life cycle efficiently.
The Data Science life cycle consists of 5 important elements namely, Data Procurement, Processing, Analyzing, Reporting or Communicating, and Maintaining. These elements together constitute a process that’s used to achieve the desired information for organizations. Various functions are undertaken under these 5 elements. Let’s see what they are briefly!
Under Data Procurement lie the functions of Data Extraction, Data Entry, Data Acquisition, Signal Reception etc.
Then comes Data Processing that includes Data Mining, Data Clustering/classification, Data Modeling, Data Summarization, etc.
It is followed by Data Analysis that includes Predictive Analysis, Qualitative Analysis, Regression, Text Mining, etc.
Next is Reporting, which includes Data Reporting, Visualization, Decision Making, etc.
Lastly, there comes Data Maintenance that includes Data Warehousing, Data Cleansing, Staging, Processing, Data Architecture, etc.
Data Science is an interdisciplinary field that draws its subject matter from various fields including, Data Engineering, Science, Mathematics, Statistics, Probability, Advanced Computing, Software/Data Architecture, Engineering, Visualization, Computer science amongst others. B.Sc. Data Science is usually a three-year full-time course that comes under the domains of Computer Science, Business Analytics and Artificial Intelligence. This course is extremely popular among students in India and overseas due to its high importance and diverse future scope in tech companies, consultancies, market research companies and the energy sector.
Students of B. Sc. Data Science need to have the following skills:
Apart from the immense popularity and availability of career opportunities, pursuing B.Sc. Data Science has many other benefits. They have been listed below.
Data Science is one of the most rapidly advancing fields in the global market. It’s constantly evolving to accommodate the current market requirements with a mindboggling scope. That’s how the Data Scientist job profile was the top-ranking job in America in 2018 for the third consecutive year. With the insane amount of data that’s available these days, organizations in all sectors and not just tech companies require data scientists. Not just that! Data Scientist was listed as one of the most promising job profiles in 2017-2018 by LinkedIn. It also listed the multiple skills related to data science as being the most in-demand by organizations around the world. There are currently more than 97,000 job openings for data science professionals in India. Companies both big and small hire data scientists these days thus, further increasing the scope of this field exponentially.
With a B.Sc. Data Science degree, you can explore the following job opportunities.
Students who have expertise in operating tools like SAS, R, Tableau and Python get instantly recruited at top MNC’s such as Google, Flipkart, IBM, Cognizant, GE Capital, HCL, Dell, IBM, and more. According to the Analytics India Salary study, the Annual income of Data Science professionals ranges from 7 to 11 Lacs per annum in India.
Considering all the above factors, it’s highly recommended that you seek this degree if you are passionate about exploring Big Data and its many benefits. The field of Data Science is here to rule and being a part of this field will ensure a lucrative career.
Birla Global University, Bhubaneswar offers a three-year full-time B.Sc. program in Data Science. This program is intended to provide a comprehensive knowledge of big data techniques, and their applications for effective decision making in improving business processes. The program curriculum has been designed after consulting experts from industry and academia. It spreads over six semesters. Its key feature is a live project during the 3rd year in which students will explore their knowledge while working on real-world business problems. After completion of the course students will be able to achieve the following objectives:
Explore countless benefits of having a career in the emerging field of Data Science with a B.Sc. in Data Science degree. We welcome you to join BGU and experience a reformative education that will render a successful career. For more details visit our website: https://www.bgu.ac.in/
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