Data Science

Overview

The Harvard Business Review labeled ‘Data Scientist’ the most popular job of the 21st century, reflecting the strong demand for professionals with skills in the area. Glassdoor.com named Data Scientists the number one job in several recent years. Data Scientists are among the most sought-after positions in America, as research by PWC explains, and there would be 2.7 million job postings for Data Science and Analytics roles in 2020. PriceWaterhouseCoopers (PWC), confirms that ‘Data scientists, data engineers and business analysts are among the most sought-after positions in America.’ According to Northeastern University, the core skills needed to be a Data Scientist are easily transferable to other jobs like Business Intelligence Developers, Machine Learning Engineers, etc. and Data Scientists are in constant demand. Fast Company, a monthly business magazine, reported that, in an unpredictable post-coronavirus labor market, Data Science skills would be one of the top five in-demand skills that employees should look to reskill or upskill.

According to the US Bureau of Labor Statistics, data scientists are likely to be in high demand in the foreseeable future. The BLS estimates that the jobs outlook 2018-2028 for operations research analysts is 26% (much faster than average); for mathematicians and statisticians is 30% (much faster than average); and for management analysts is 14% (faster than average). The median pay for these occupations is $84,810 per year, $92,030 per year, and  $85,260 per year respectively.