We have been using data in our daily lives, but have you ever considered how important data is for our lives? Well, you must think about how it could relate to our lives, but if you don’t know, the world has become dependent on data. Everything that’s major or minor in our lives is dependent on data, from healthcare to entertainment.
Surprisingly, the world is so into data science so much that a report by the World Economic Forum states that 85% of companies will adopt analytics technologies by 2025. That means data science would become the most demanding skill in the tech world. So, what could be a better career option than data science?
You must have so many questions, and the biggest one would be why data science is such a strong future career; that’s a valid question, and we would like to simplify the answer.
Data Science is the Career of the Future
Data Professionals are Growing in Demand
The need for data scientists is undoubtedly growing every day, and they have been topping the jobs globally. Every business worldwide needs a data scientist, as they have to handle complex datasets, predict trends, and plan the data to increase the company’s growth. From finance to e-commerce, you can look anywhere and find that they all need data professionals. According to LinkedIn’s Emerging Jobs Report, data science jobs have increased by 650% since 2012. PGP in data science is quite trending and the best if you seek a better future after graduation.
High Earning Potential
As data professionals are in demand, they also have the highest-paying jobs. You cannot complain about what businesses pay data professionals because their salaries compel people to take data science courses. If you have a certification as a data scientist, you can earn $100,000 annually in the U.S., and it’s just a beginner’s salary because the experienced professionals are getting $150,000. Even you can take the best data science course in India because starting salaries in India are between 8-12 lakhs per year, which isn’t bad.
Data Professionals are Getting Jobs in Every Industry!
Healthcare or retail, it doesn’t really matter because data professionals have jobs available for them everywhere. Data professionals can even optimize supply chains in manufacturing and end up in so many different job roles because the field of data science is limitless.
Benefits of a PG in Data Science
Comprehensive Skill Development
Postgraduate Programs in data science will help you learn many techniques and tools to help you through your various jobs. The tools and techniques could be machine learning, statistical modeling, or visualization—anything that can open gates for opportunities. These skills are something that not every certification course will provide you.
Access to Cutting-Edge Technology
Getting into a PG program would help you learn things in a practical setting. In a PG degree, you will get practical training with industrial tools like Python, R, SQL, and Tableau. Here, you will not only learn theories but also be able to do practical stuff and be exposed to real-world challenges.
Networking Opportunities
PGP will connect you to various people, and they will be like-minded peers, professors, or even industry mentors. These people are going to be the opportunity that you need to land your dream job. Projects, internships, and even job referrals—you can get them by building a strong network with strong-profiled people.
High Chances of Employment
We have discussed this before: data professionals have the best and highest chances of employment; according to a study by IBM, around 39% of data science jobs need candidates with advanced degrees. So, for that, what could be better than a PG degree?
What are the Costs vs. Returns in PG in Data Science Investment?
Cost of Program
Some might think a Postgraduate Program in Data Science might cost a lot, but it depends on different places and institutions; in the U.S., the tuition fee is around $20,000 and $50,000, but in India, it can range from ₹2-5 lakhs and there are higher packages as well.
Financial Aid
Scholarship is very common in a data science course, especially in India. So, choose the institution that is perfect for you, or you can take an online course in data science.
Return on Investment (ROI)
The ROI is great after PG in data science. Yes, it depends on places and institutions, but generally, you cannot complain about bad ROI.
Some Real-Life Examples
You can find many real-life examples to get inspired and feel motivated because plenty of people chose PG in Data Science and ended up with your dream life. Some examples could be:
A woman named Anjali took the risk and switched from marketing to data science after completing her degree in PG. Now that she had new skills, a little job experience, and a lot of practical knowledge, she ended up having a job in MNC. Her role is to predict and analyze to improve customer experiences, and you would not believe it, but within two years, her salary doubled.
You know how well an IT engineer can earn. Yet, Rajesh, an IT engineer, decided to switch to data science after learning machine learning and cloud analytics in the PG program. Now he is earning three times more than his previous salary and leading a data science team at a tech startup.
Key Takeaways
- Data science has become essential for every industry, with 85% of companies adopting analytics by 2025.
- PG in Data Science provides practical training with AI, ML, Big Data, Python, SQL, and Tableau tools.
- Getting into a PG program in data science will build your network and open the gate for opportunities.
- In some institutions, tuition costs might be high, but the ROI is worth it.
A postgraduate degree in data science is not just an academic degree but also a chance to get into the world of tech and get an opportunity for a high-paying job. PG in data science will give you practical knowledge, and you can learn various tools and techniques that will help you achieve a great job and your dream life.
