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Data science is interdisciplinary and draws from many fields like statistics, mathematics, computer science, and business management to collect, organize, analyze, and interpret data. The task and object of this science is novel and challenging. It requires a variety of skill sets.
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Data science is interdisciplinary and draws from many fields like statistics, mathematics, computer science, and business management to collect, organize, analyze, and interpret data. The task and object of this science is novel and challenging. It requires a variety of skill sets. Hence, data science teams in organizations are generally made up of professionals with different backgrounds and profiles. The most popular jobs in data science are as follows:
Data Analysts They are the detectives that specialize in the Data analysis. The primary task of a data analyst is to dissect and interpret data in meaningful ways for organizations. With their specialized focus, they aid statisticians and business analysts to run the grand theatre of data science productively. The average data analyst makes about $62,000 per year.
Statisticians The science of data cannot do without statisticians, of course. They are the original data scientists, and continue to play an active role in this dynamic field. With advancements in technologies and support from other specialists (like the data and business analysts), statisticians can now generate more and better insights from larger and more complex data sets. The statistician makes $75,000 per year on average.
Business Analysts Much like data analysts, business analysts are specialists with curious minds inclined to perform analyses. They typically solve problems. While the data analyst is focused on problems with data, the business analyst contributes domain knowledge and business acumen to solve management and operational problems. The average business analyst makes around $65,000 per year. Data and Analytics Managers Lastly, data and analytics managers decide priorities, manage teams, and ensure that targets are met. They are the guides that lead the data science journey. For this reason, they are paid well – around $116,000 per year on average.
Data Scientists The information presented in this chapter has been taken from KDnugget’s article on ‘Salaries by Roles in Data Science and Business Intelligence’, and other market sources. To view the article, click here.