The world is increasingly digital, and this means big data is here to stay. In fact, the importance of big data and data analytics is only going to continue growing in the coming years. It is a fantastic career move and it could be just the type of career you have been trying to find.
Professionals who are working in this field can expect an impressive salary, with the median salary for data scientists being $116,000. Even those who are at the entry level will find high salaries, with average earnings of $92,000. As more and more companies realize the need for specialists in big data and analytics, the number of these jobs will continue to grow. Close to 80% of the data scientists say there is currently a shortage of professionals working in the field.
What Type of Education Is Needed?
Most data scientists – 92% – have an advanced degree. Only eight percent have a bachelor’s degree; 44% have a master’s degree and 48% have a Ph.D. Therefore, it stands to reason that those who want to boost their career and have the best chance for a long and fruitful career with great compensation will work toward getting higher education.
Some of …