Data Scientist: Here’s How Much Money You Can Earn In The ‘Sexiest Job Of The 21st Century’



Short Bytes: Data scientist has been called the sexiest job of the 21st century on multiple occasions. A data scientist is a rare amalgamation of a data hacker, an analyst, a communicator, and a trusted adviser. In this article, we’ll tell you more about the job and how much you can make at some of the biggest companies.

In January, we presented the list of 10 best jobs in the tech field to apply for in 2016. The top position was grabbed by the job of data scientist. If you are aware of the current scenario in the technology field, this won’t come as a surprise. It has been called the sexiest job of the 21st century by Harvard Business Review.

“It’s a high-ranking professional with the training and curiosity to make discoveries in the world of big data. If your organization stores multiple petabytes of data, if the information most critical to your business resides in forms other than rows and columns of numbers, or if answering your biggest question would involve a “mashup” of several analytical efforts, you’ve got a big data opportunity” — This is how Harvard Business Review describes the job of a data scientist.

Also read: How To Become A Data Scientist in Simple Steps: The Infographic

However, the shortage of efficient data scientists with right skill set has become a serious constraint in the technology sector. This has also opened a big gate of opportunities for the people with the right mindset.

According to Glassdoor, data scientists make about $116,840 a year, on average. At some of the biggest technology companies, here’s how much these geeks make:

Apple: $149,963
LinkedIn: $138,798
Twitter: $134,861
Facebook: $133,841
Microsoft: $119,129
Airbnb: $117,229
IBM: $110,823

What kind of person does all this? What abilities make a data scientist successful?

Think of him or her as a hybrid of data hacker, analyst, communicator, and trusted adviser. The combination is extremely powerful—and rare.

— Harvard Business Review explains.

Watch the video below and know more about data scientists:

Adarsh Verma

Adarsh Verma

Fossbytes co-founder and an aspiring entrepreneur who keeps a close eye on open source, tech giants, and security. Get in touch with him by sending an email — [email protected]
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