Postgraduate Diploma in Data Science - Careers, Salary, Jobs, Scope

Postgraduate Diploma in Data Science: Brief Summary

Why Postgraduate Diploma in Data Science (PGDDS)?

Post Graduate Diploma in Data Science/Data Analysis is a confluence of science, economics and information technology. Te job expects the employees to collect data and process it to benefit the company or organisation they are working for. The knowledge of computers and state-of-art machinery is a must.

Students are taught to balance databases, to work with it along with data sets, to manage financial data and form policies, they are trained in Programming languages and statistical programmes as well.

Few of the top colleges offering this course are as follows-

• Manipal Global Academy of Data Science, Bangalore
• SP Jain Institute of Management & Research, Mumbai
• Symbiosis Centre for Information Technology, Pune
• Jigsaw Academy, Bangalore
• SAS Academy for Data Science, Mumbai

Almost all companies, educational institutions, government and private sector organisations recruit Data Scientists, such as Convergys, Wipro, HCL etc. A Data Scientist earns Rs 6.2 lakh per annum, on an average base.

The tasks are mostly indoor with occasional outdoor activities. The working hours in the Data Science field are around 8-10 hours.

PGDDS Jobs and Careers

Students willing to step into an employment opportunity with Data Science course can become the following-

• Big Data Scientist
• Senior Data Scientist
• Principal Data Scientist
• Business Analyst
• Data Architect
• Data Administrator
• Business Intelligence Manager
• Data Mining Engineer
• Research Analyst
• Statistician

All Data Scientists have to assimilate, observe, analyse data and form strategies for the benefit of the organisation. We shall look at how some jobs different from each other below-

Business Analysts

Business Analysts have to gauge the data of trends prevalent in areas dealing with finance, supply and demand. On an average scale the business analysts get Rs 5.8 lakh per annum. Trivago, Jubilant Life Sciences, Etech Global, Itron etc. hire Business Analysts.

Big Data Scientists

Big Data Scientists have to keep a score of incoming data list and analyse its trend with expertise. A Big Data Scientist has to harness his or her computer programming knowledge to work with the latest software’s.

HP Bigdata Services, Deloitte Consulting, Gray Matter, SAP Big Data Services and Consulting are some of the renowned companies offering posts to Big Data Scientists. A Big Data Scientist can earn up to Rs 6.2 lakh per annum.

Senior Data Scientists

Senior Data Scientists are individuals with years of experience in this field analyse data for future development of the business. They monitor present changes and speculate his business will perform in future. They also develop apps and tools to work with Statistical Data.

They earn up to Rs 11.4 lakh per annum, and are employed by companies like Apollo Pharmacy, Amazon, IBM, Accenture, MUSigma etc.

Data Mining Engineer

A Data Mining Engineer profoundly excavates data of the organisation he or she works for as well as of subsequent companies to examine trends and create algorithms and models for further proceedings. Logical reasoning should be their asset.

Maven, Sonata Software, BB&T, Microsoft, Amazon and a number of other companies hire them. Annually, they earn up to Rs 5.1 lakh.

Data Architects

Data Architects have to construct like Architects, tools, blueprints, softwares, technological paradigms for data management. They work for the safe and secure storage of data which can be accessed easily by only the company he or she works for, without fear of infiltration.

The average pay of Data Architects are about Rs 15.9 lakh. Companies like Deloitte, IBM, Accenture, American Express hire them.

PGDDS: Salary

The salary offered to Data Scientist differs on the grounds of experience, field, profile, place and company. The average pay goes upto Rs 6 lakh per annum and the highest up to Rs 25 lakh per annum.

Here’s a table to show the growth in payment on the basis of experience.

Recruiters for PGDDS

Data Science Employees are in demand in Private, Government and Public sectors. Data is accumulated and processed at each and every institution and it needs data scientists to work with it.

Here is a list of some recruiters for the Data Scientist profile-

• Aarogyasri Healthcare Trust
• Indian Railways
• Ministry of Defence
• SBI Bank
• Cisco
• HSBC
• Indian Scientific Research Organisation (ISRO)
• Times Internet
• Wipro
• Apple
• LinkedIn
• PayPal
• Facebook

Specialisations Offered

There are a few specialisations offered by different institutions for the Post Graduate Diploma in Data Science.

• Post Graduate Diploma in Data Science and Machine Learning are employed to execute data management, analysis and developing of well functioning management and security tools.
• Post Graduate Program in Data Science and Business Analytics expects the candidate to process and analyse the data for use in future business management, for the benefit of the company through formulation of strategic policies.
• Computational Data Science Course trains students to work with modern data reading machines and the formation of programming apps to skillfully manage computer based data sets.

Syllabus

Post Graduate Diploma in Data Science syllabus mostly has the following topics in its different specialisation-

• Introduction to Data Management
• Statistics
• Machine Learning
• Clustering
• Decision Trees
• Time Series
• Introduction to Big Data and Hadoop
• Big Data Analysis
• Domain Electives

Popular Colleges Offering Postgraduate Diploma in Data Science

There are only a few colleges offering the Post Graduate Diploma in Data Science Course in India. Here’s a table to shows the eligibility and fee among other essentials-

Requirements for PGDDS

To be eligible to pursue a Post Graduate Diploma in Data Science a student needs the following criteria fulfilled-

• A graduation degree from a recognised university with passing marks in Science/Commerce/Engineering/Information Technology streams.
• A work experience of 2-3 years (not mandatory, but preferred).
• Personal Interview (in some colleges)
• Clearing entrance exam of the college of GRE/GMAT/CAT exams.

Should You Choose PGDDS?

Data Science is one of the fastest growing areas of employment in India. Jobs have almost doubled between the span of 2016 to 2017. With upgradation to the latest technologies, yearly morphing trends, market value graphs going up and down rapidly Data Science is on the rise.

As data collection occurs in most of the organisations, educational institutions, trade, import-export, finance companies, non-governmental/governmental organisations, retail stores etc. Data scientists are in huge demand to predict changes and maintain efficient functioning.

This specialisation targets all areas to be covered by a skilled candidate such as R, Python, Hadoop, Oracle, version control, GitHub, markdown etc. In fact, these tools and softwares are so indispensable that more than 50% of the already employed population needs to re-educate themselves through the updated courses. Corporate organisations are taking part in employee education programmes which are work oriented.

Due to limited Data Scientists and Analysts, companies offer lucrative salaries to employees. The median remuneration offered to experts of Data Science has been Rs 12.7 Lakhs in the years 2017, as stated by the Indian Analytics Industry Salary Trend Report 2018.

Scope Abroad

Not only in India but in abroad also Data Scientists would be in huge demand in the future. McKinsey Global Institute has surmised that the United States would need more than 189,000 Data Scientists and more than a million managers and analysts by the year 2018.

So, it certainly is an unmissable opportunity for candidates hoping to excel in the field of Data Science.