Data scientist are a new breed of analytical data expert who have the technical skills to solve complex problems. Many people want to get into data science because it was all about solving complex problems with cool new machine learning algorithms that make huge impact on a business. It provides people a chance to feel like the work they are doing was more important than anything they have done before.
In summary data scientist are part mathematician, part computer scientist and part trend-spotter and because they straddle both the business and IT worlds, they are highly sought after and well paid.
According to a recent study, they command a pay package of over $190,000 per-annul. So what problems can they solve? For instance, if there are 2.3 billion people in the world have been affected by floods in the last 2 decades. Using data science and artificial intelligence (AI) upcoming floods in the next 100 – 500 years can be predicted. These predictions can be used to build dams at correct locations to minimise loss. Talk about saving the world!
Why is Data Science in demand?
It is known that data scientist is now an integral aspect of business, government agencies and developing brand awareness. Many business strategies are develop in accordance to the data analysed by data scientist – this is known as data driven business strategy.
As we are now living in a bubble of the digital age, there is a huge amount of data which is available on the internet where data scientist is working tirelessly to make sense of these data to discover relevant patterns and designs in them.
What is a typical job of a data scientist?
There is not a definitive job description when it comes to a data scientist role but here are a few things you will most likely be doing:
- Collecting large amounts of unruly data and transforming it into a more usable format
- Solving business-related problems using data-driven techniques
- Working with a variety of programming languages, including SAS, R and Python
- Having a sold grasp of statistics, including statistical tests and distributions
- Staying on top of analytical techniques such as machine learning, deep learning and text analytics
- Communicating and collaborating with both IT and business
- Looking for older and patterns in data, as well as spotting trends that can help a business’s bottom line
How can you become a Data Scientist?
Many data scientist began their careers as statisticians or data analyst, but as big data began to grow and evolve, those roles evolved as well. Positioning yourself for a career in data science will offer you a plethora of job opportunities and a chance to work in the technology field with room for experimentation and creativity.
If you have just recently completed a formal high school qualification, choosing a university that offers a data science degree is an important step. If you are a professional who wants to shift careers – many people have come from a non-technical field such as business or economics, completed a postgraduate qualification and dived into this data science.
Through our detailed analysis, if you have recently completed high school or other relevant foundation qualification (diploma, A-Levels, IB program, etc.) and seeking to complete an undergraduate degree in data science, we would highly recommend studying the Bachelor of Business and IT program at Monash University
At a glance:
| Institution | Monash University |
| Location | Melbourne, Australia |
| Course | Bachelor of Business and Information Technology |
| Duration | 4 Years (6 Semester) |
| Tuition Fee | AUD$ 44,000 per-annum (Indicative for 2019) |
| Intake | February or July each year |
| Why Monash? | > A member of Australia’s prestigious Group of Eight institution – in summary the cream of the crop of all Universities in Australia. > This course offers student a dual qualification, which means you will be receiving 2 graduation certificates instead of 1. Usually it takes 6 years in total to get an IT and Business degree, but at Monash you can complete it within 4 years. > Combining Business and Information Technology gives you the skills to apply business principles and knowledge across the IT sector or to assist businesses to implement new technological advances. You can select the Business Information Systems and Business Statistic major in this program as a stepping stone to gain entry into careers in data analytics |
To find out more information on course entry requirements, scholarship opportunities and program details, simply connect with Excel Education | |
If you have completed an undergraduate qualification or looking for a career shift in data science, we would highly recommend studying the Masters of Data Science and Innovation at the University of Technology Sydney (UTS)
At a glance:
| Institution | University of Technology Sydney (UTS) |
| Location | Sydney, Australia |
| Course | Master of Data Science and Innovation |
| Career outcome | Data science – data griot, data analyst, data artist, data journalist, mobile behaviour analyst, data-driven policy expert, advertising insight and online community manager |
| Duration | 2 Years (4 Semester) |
| Tuition Fee | AUD $37,000 per-annul (Indicative for 2019) |
| Intake | February or July each year |
| Why UTS? | > Known as Australia’s Number 1 Young University in the latest QS Rankings UTS is known for producing the best tech savvy IT graduates. >The location of the campus where it is minutes away from global tech giants such as Facebook, Google, CISCO and Apple provide student the opportunity to gain internship while completing their degree as work experience/industry placement is an important component of the course. >UTS offers the Postgraduate Academic Excellence Scholarship which awards $5000 towards the first semester of the tuition fee. The scholarship is made to students with an offer letter and are granted solely on the basis of academic merit. |
To find out more information on course entry requirements, scholarship opportunities and program details, simply connect with Excel Education | |
Can I apply for Australian Residency after completing these programs?
If you are considering living and to establish a career in Australia, it is worth mentioning that Information Technology (IT) professionals are highly sought after in the work force and can lead to an opportunity to apply for Australia Residency (PR).
You can opt to apply under the Australia Skilled Independent Visa (Subclass 189) or the Australia Skilled Nominated Visa (Subclass 190) if you completed the program in a regional area. To find out more information about applying for Australia Residency, we have covered this topic in our previous article however if you are unable to digest all the information, simply connect with Excel Education and will be able to assist with all your enquiry!
If you would like to find out other alternative careers that have strong potential to migrate to Australia, simply connect with Excel Education and we would love to assist you!
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About Post Author
Georgina
Georgina is a content marketer who is part of the E2 family. Being an international student who has completed her degree at UNSW Sydney, she also has extensive experiences as a professional education consultant – helping students to identify the right university to achieve career successes. You are welcome to contact her at +61 424 988 337 to chat about study choices!