Average salary: $128,173
Data scientists do many of the same things as data analysts, but they also typically build models to make accurate predictions about the business problems based on past data. They are responsible for finding interesting patterns and trends hidden in the data.
For example, as a data scientist, you might be asked to assess how a change in marketing strategy could affect the company’s reputation and working.
This would involve a lot of analysis work, but it would also require building and training a few machine learning models that can make reliable future predictions based on past data.
Skills needed to become a data scientist:
- Python, R, SAS
- Machine learning tools
- Data visualization and reporting
- Statistics and maths
- Software engineering skills
- Big data platform
- Cloud tools
- Risk analysis
- Effective communication skills and business expertise
- Data Mining, Cleaning, and Munging