APPLIED

DATA SCIENCE:
CAREER GUIDE
TABLE OF
CONTENTS:

03 Introduction 08 Applications of Data Science

04 10
What is Applied
Top Roles in Data Science
Data Science?

05 12
Demand for Applied Average Salary in
Data Science Today Data Science

06 13
Essential Skills Required How To Become a
for a Data Scientist Data Science Professional?
 INTRODUCTION

Data today is the driving force for all Each of these fields has its critical
application in business.
business firms. From customer acquisition
to customer satisfaction, data allows
As a modern tool, Data Science allows
businesses to make informed decisions and
business firms to know more about the
thus helps them to expand and grow.
requirements of their customers and helps
them understand the market better.
There are several ways through which a firm
Business firms are thus constantly in search
can collect data; however, this raw data is of
of data science professionals, thereby
no use until it is processed and analyzed
increasing the job opportunities in the
systematically. Data Science deals with
market in this field.
processing the raw data and analyzing it to
assist in effective business decisions. Under
this, the data collected is grouped,
classified, structured, and used to draw
valuable insights to drive business growth.
Reading data requires several algorithms
and scientific techniques. The term data
science is generally used as an umbrella
term covering different fields such as;

Data analytics, business analytics, machine

learning, and artificial intelligence.

03
 WHAT IS APPLIED
DATA SCIENCE?

Applied data science is understood as a

broader term that includes the techniques
of data science and added research.
Applied data science includes researching
new technologies, methods, and
applications for improved retrieval and data
analysis. It uses scientific data analysis
techniques and decision making in an
applied research setting.

An applied data scientist works with the

underlying data to provide actionable
solutions to business problems using
algorithms and scientific methods on the
raw data.

04
 DEMAND FOR APPLIED
DATA SCIENCE TODAY

According to a report by Forrester 01 Empowering and strengthening the

Research, the demand for data science is management to make better and
not only restricted to digital natives and informed decisions.
large enterprises today. With the availability
of heavy volumes of raw data, every
industry looks for an opportunity to
leverage this data into a meaningful
02 Directing the firm's actions
following the trends in the market,
business model that will increase its thus defining the goals.
customer base and satisfaction. Thereby,
not only tech tycoons but tiny
manufacturing houses, marketing, and 03 Identifying opportunities to expand
and improve the business.
education sectors also benefit from data
science technology.

Without professionals who can convert 04 Enabling decision-making with

quantifiable and data-driven
technology into some actionable insight,
evidence.
large volumes of data will be of no use.
Thus, data scientists are required by most
firms today. An applied data scientist can
power the business in the following ways:
05 Helping the firm to identify and
refine its target audience.

A data science professional is thus an asset to the company as they help the
firm mitigate risks and improve its overall performance in the market.

05
 ESSENTIAL SKILLS REQUIRED
FOR A DATA SCIENTIST

A data scientist plays an implicit role in

the decision-making process; thus, a
competent professional is required. If you
are planning to make a career in the field of MACHINE LEARNING AND
applied data science, the following are the ARTIFICIAL INTELLIGENCE
skills that you must add to your resume:
Machine learning and artificial intelligence
allow a data scientist to explore different
models that can be applied to predict and
analyze the collected data. It can also help
automate researching data, thereby
ANALYTICAL SKILLS
reducing human effort.
A data scientist should have a thorough
knowledge of the data and be competent
enough to apply the proper methods to
analyze the data and conclude meaningful
insights.

06
DATA MANAGEMENT

A data scientist must be equipped to

manage the enormous volumes of raw data.
Data management includes:

Extracting data from different sources.

Transforming it into simpler terms to work

with it.

Storing the data for further analysis.

PROGRAMING LANGUAGE

One must be able to apply different

programming languages to be a successful
data scientist. Python, R, SQL, C++, and
Java are some of the most commonly used
languages in data analysis.

SOFTWARE AND TOOLS

A data scientist must be able to use

different tools to interpret data.
These tools make the process easier and
less time-consuming. The most popular
software and tools to learn for a data
scientist include SAS, Hive, TensorFlow,
Apache Hadoop, and Apache Spark.

These skills will help you become an

all-rounder professional in applied
data science.

07
 APPLICATIONS OF
DATA SCIENCE

Worldwide digitization has accelerated

the growth of the data science industry.
Customers are more online now than ever,
thus leading to a steep rise in the amount of Estimating risks and frauds
data produced. Companies from all sectors
The data analyzed and processed helps in
are widely dependent on data science to
determining future risks and preventing
make informed decisions. Modern data
fraud. Various banking companies have
science tools have become an essential
employed data science to analyze the
requisite in industries like finance,
probability of risks and default.
healthcare, and education. The following
are some of the applications of data
science:

08
Healthcare Gaming

The healthcare sector employs data science Machine learning algorithms are used to
for several uses. Data science is used in design and upgrade games. Many
medical image analysis, such as detecting companies, such as Sony, Zynga, Nintendo,
organ delineation, tumors, etc. Personalized etc., have led the gaming experience to the
treatment through deep research in next level using data science.
genetics and genomics has also been made
possible by data science.

The tedious process of discovering and

testing different drug compounds to treat
diseases is simplified and shortened by Website recommendations
applying data science and machine learning
Many companies use the data collected
algorithms.
from search engines to promote their
products, following customer interests and
relevance. Internet giants like- Netflix,
LinkedIn, Google Play, Twitter, etc., use this
method to improve user experience.
Targeted advertising

The entire digital marketing spectrum

employs data science to research their
customers. This research helps them
identify their customer's preferences and
thus enables them to develop or improve
their product according to them.

Route planning

Data science is also used in the

transportation sector to plan airline routes.
By applying data science in the planning,
the airline companies successfully predict
flight delays, plan the landing and take-off
of the flights, and drive customer loyalty
programs effectively.

09
 TOP ROLES IN
DATA SCIENCE

Data science includes many techniques

and methods to analyze and process data. DATA SCIENTIST
Due to its wide range of applications, data
Data scientists are experts responsible for
science opens up several job opportunities
analyzing the data and concluding
in the market. Some of the most critical job
meaningful insights. They turn the raw data
roles in the data science profile include:
into an effective business decision that
benefits the firm. A data scientist must be
equipped in languages such as Python,
SAS, etc., and know data preprocessing,
visualization and prediction.

10
DATA ARCHITECT
A data architect implements the blueprint
of a company's data platform. This
blueprint or architecture specifies various
models, principles, and policies that dictate
the company's data storage and usage.

STATISTICIAN
The companies employ statisticians to
understand the statistical modeling for
understanding the latest trends in the
market.

DECISION SCIENTIST
A decision scientist assists the company in
making informed decisions by employing
tools like artificial intelligence and machine
learning. It is an extension of data science
that makes use of design thinking and
behavioral science to understand the
customer in a better way.

11
 AVERAGE SALARY IN
DATA SCIENCE

Canada United Kingdom

CA $87248/ yr £46,953 /yr

Netherlands
United States
€59,503 /yr
$117,212/yr
Switzerland

CHF 105,439/yr Japan

¥6,000,000/yr

Mexico Singapore

MX$430,152 /yr SGD 73,896/yr

Australia

A$110,000 /yr
South Africa
India
ZAR 522,570/yr
₹1,000,000/yr
UAE

AED 270,000/yr

Source: Glassdoor
Note: All salaries mentioned above are in the local currencies.

12
 HOW TO BECOME A
DATA SCIENCE PROFESSIONAL?

A career in data science is the most

sought-after career today. With the rapidly
increasing production of data, job roles
have also expanded. Today's market
demands data science experts to ensure
that their company works following their
consumer's demands and needs.

MIT Professional Education in collaboration

with online education provider Great
Learning presents you with a chance to
become a data-driven decision-maker. The
Applied Data Science Program is a
comprehensive program that allows you to
understand the major concepts related to
the field of data science and also provides
practical experience in the area.

13
The program is facilitated by the excellent
faculty at MIT and is carefully designed to
build industry-relevant and valued skills.
Along with the best faculty, the program
allows the learners to interact with industry
experts and learn from their experiences.
The mentoring sessions are collaborative
discussions with experts and learners from
across the globe. The demographic
variation brings in a wide range of
backgrounds, thus expanding the learners'
horizon of knowledge and understanding.

Apart from theoretical knowledge, our

program trains learners to excel in their
careers. A hands-on project is assigned to
all the learners, which helps them gain
practical experience by solving real-life
industry problems.

The program is recognized worldwide for

its brilliantly designed modules which
enable the learners to gain knowledge of
the field via online lectures.

Dedicated program support is assigned to

each learner from the beginning of the
program. The program managers help the
learners throughout the program. A
program manager will guide you through
the program and ensure that you can
complete it smoothly and successfully.

14
 ABOUT
GREAT LEARNING

Great Learning is a leading professional learning company focused on upskilling professionals

through its comprehensive programs. The company provides industry-relevant programs in
Software Engineering, Business Management, Business Analytics, Data Science, Machine
Learning, Artificial Intelligence, etc.

The programs at Great Learning are in collaboration with the world's best educational
institutions like Texas McCombs, MIT, Stanford Business School, Executive Education, and
Northwestern School of Professional Studies.

The company strives to provide the best learning experience in the blended and entirely
online modes. A vast network of mentors and faculty provides the best learning experience
across the globe.

We at Great Learning ensure that all our learners are given the best knowledge about the
field, thus enabling them to become strong and equipped leaders of the future!