The world is getting increasingly digital, and this means big data is here to stay. In fact, the importance of big data and data analytics is going to continue growing in the coming years. Choosing a career in the field of Big Data and analytics will be a fantastic career move, and it could be just the type of role that 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.
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 a great compensation will need to work toward getting higher education.
Some of the most common certifications for those in the field include Certified Analytics Professional (CAP), EMC: Data Science Associate (EMCDSA), SAS Certified Predictive Modeler, and Cloudera Certified Professional: Data Scientist (CCP-DS). The various certifications are for specific competencies in the field.
Now is a good time to enter the field, as many of the data scientists working have only been doing so for less than four years. This is simply because the field is so new.