Data scientists are expert data analysts who use their curiosity and technical skills to help organizations identify and solve problems.
"They are part mathematician, part computer scientist, and part trend-spotter "
What Skills Would You Need?
Understanding of statistical analysis, machine learning , and deep learning techniques and algorithms
Ability to communicate insights verbally, visually, and in written form
Experience with distributed computing and data pipeline(Hadoop/Spark etc.)
Technical Skills: Structured Query Language (SQL), Python, R, and Scala
Visualization Skills: Power BI, Tableau
What Would Your Day As A Data Scientist Look Like?
Attend stand-up meetings
Check your dashboard for the different tasks you are responsible for
Peer reviewyour teammate's code
For the business problem you are working on:
a. Gather the requirements
b. Locate and clean the data
c. Perform exploratory analysis on the data
d. Perform feature engineering
e. Build models
f. Decide the format of the output
g. Translate data-driven insights to visuals
Industries That Hire Data Scientists
Retail — Amazon, Shopify, Best Buy, Walmart, etc.
Tech — Google, Microsoft, Linkedin, Facebook, etc.
Pharmaceuticals — Pfizer, Johnson & Johnson, Novartis, etc.
Transportation — Air Canada, CN Railways, Amtrak, etc.
What industries would need Data Scientists?
How Much Does A Data Scientist Make?
The Average Base Salary for a Data Scientist in Canada is C$78,990
The Average Base Salary for a Data Scientist in the USA is $96,420
Let's Put Your Understanding To Test
Liz has taken courses in statistics and data analysis
She loves working on projects involving large datasets in SQL/Python
She creates excellent visuals using Tableau
She has won many data-based case competitions because of her passion for problem-solving and excellent presentation skills
Eric has taken courses in computer science
He is passionate about coding especially in Java
He loves to work alone and undertakes many individual projects
He is great at explaining concepts 1-on-1 but avoids presenting to large groups as much as possible
Who is most suited to be a Data Scientist?
If you have decided to become a data scientist, it's time to...
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This Byte has been authored by
Rashmikaa Sethu Madhavan
Analytics and Insights Analyst at LoyaltyOne