Last Updated on November 3, 2023 by SPN Editor
In any organization, a Data Scientist is a high-ranking professional. Data Scientist is ranked third in Glassdoor’s list of the 50 Best Jobs for 2022. More than 330,000 data scientist jobs are currently available in the United States.
In the United States, data scientist jobs are in high demand. According to Glassdoor, the best job in the United States in 2021 will be data scientist, based on job satisfaction, job openings, and median base salary.
The growing amount of data generated in a variety of industries, as well as the need to make sense of this data and use it to inform decision-making, is driving the demand for data scientists. As a result, data scientists are highly sought after and often have a wide range of Data Scientist jobs opportunities available to them.
A Data Scientist’s annual salary in the United States is $117K. An entry-level data scientist’s salary in the United States can vary depending on a variety of factors, including the individual’s level of education and experience, the industry and location in which they work, and the specific company for which they work.
According to Glassdoor, the median base salary for an entry-level data scientist job in the United States is approximately $95,000 per year. However, depending on the job and company, this figure can vary significantly. Some entry-level data scientists may be paid more or less than this.
Scope of Data Scientist
A data scientist’s job is typically to use data and statistical analysis to extract insights and inform decision-making. Working with large and complex datasets, designing and implementing data pipelines and models, and communicating findings to stakeholders are all possible.
Data scientists frequently work on problems that require them to predict outcomes, identify patterns, and test hypotheses. They may also be in charge of developing and maintaining data infrastructure, as well as collaborating with other team members like software engineers and data engineers.
As a Data Scientist, you must understand business problems, design data analysis strategies, collect, cleanse, and structure the necessary data, apply algorithms and techniques using the appropriate tools, and make data-backed recommendations.
The demand for these professionals is likely to increase in the coming years. As more organizations seek to use data to inform their decisions and drive business growth, the demand for skilled data scientists is expected to rise. Furthermore, technological advancements and the development of new tools and techniques for working with data may open up new opportunities for data scientists.
Overall, it is expected that the field of data science will continue to evolve and that data scientists will play a crucial role in helping organizations derive value from their data.
How to become a Data Scientist?
There is no specific degree or course of study that is required to become a data scientist. Many data scientists have a degree in a field such as mathematics, statistics, computer science, or a related field, but this is not always the case. It is more important for a data scientist to have a strong foundation in math and statistics, as well as proficiency in programming and working with data. Some specific skills that are often useful for data scientists to have include:
Programming skills (e.g., Python, R)
Experience with statistical analysis and machine learning
Strong problem-solving and analytical skills
Experience with databases and SQL
Data visualization skills (e.g., using tools like Tableau)
Besides, many data scientists also develop their skills through online courses, bootcamps, and hands-on experience working on projects and data science challenges.
Global Companies Opening for Data Scientist
There are many companies in the United States that have openings for Data Scientist Jobs. Some of the companies that are known to be active in hiring data scientists include:
Technology companies (e.g., Google, Microsoft, Amazon)
Financial services firms (e.g., Goldman Sachs, JPMorgan Chase)
Healthcare organizations (e.g., UnitedHealth Group, Kaiser Permanente)
Retail and e-commerce companies (e.g., Walmart, eBay)
Consulting firms (e.g., McKinsey & Company, Bain & Company)
This is just a small sample of the companies that are hiring data scientists in the United States. Many other industries and organizations also have a need for data scientists, so there are many job opportunities available in a wide range of industries.
The United States Bureau of Labor Statistics sees strong growth in the Data Science field and predicts the number of Data Scientist jobs will increase by about 28 percent through 2026.