All About Master’s In Data Science Worth Knowing | Entrance, Fees, Salary, etc.

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Ginormous amounts of data is being generated every second. To make sense of this data and to organise it becomes an important task, as such. Hereโ€™s where the role of a data scientist comes into play.

Data Science has become a trendy career option. And why not, considering the immense demand for data scientists in todayโ€™s world? The good news is that data science isnโ€™t just well in demand, itโ€™s a career that is well compensated as well. The availability of data science as a formal degree is still in its nascent stage. Currently, only a few colleges in the country provide a data science degree. However, let me guide you through the nitty-gritty of data science courses that are presently being offered, including application for colleges, future prospects, and much more.

Eligibility Criteria

Students who have completed their undergraduate study in either Computer Science, Computer Applications, Statistics, Engineering, or Mathematics with an aggregate marks of 50% from any recognised college/university in India or abroad can pursue this degree.

Entrance Exams and Fees

You can pursue this discipline through a degree offered by Gururo, which is a leading EdTech company. The Masterโ€™s courses offered by Gururo in partnership with IU International University of Applied Sciences (Germany) and London South Bank University (UK) are top-notch. The added benefit is that the duration of these courses is only an year. Furthermore, you can choose to either attend it online or offline- it will make no difference in the experiences you gather.
The fee for the above is โ‚น2,20,000. EMI as well as financial aid options are also available.
Do go through the following link to grab this opportunity:
Master’s in Data Science

Besides, you could get enrolled in the following universities for a Masterโ€™s in Data Science:

Besides, you could get enrolled in the following universities for a Masterโ€™s in Data Science:

  •  MET (Manipal University)- Entrance Exam
  • Christ University Entrance Exam- Entrance Exam + Personal Interview

The average fee for the above programmes is โ‚น3,00,000.

Required Skill Set

Data science heavily relies on research. Having a keen interest in it is a must. Additionally, as mentioned above, a prior experience with subjects such as mathematics and/or computer science is necessary since these concepts will be applied intensively.

Course Curriculum

1st Semester

  • Advanced Statistics
  • Use Case and Evaluation
  • Seminar: Current Topics in Data Science
  • Machine Learning
  •  Deep Learning
  •  Case Study: Model Engineering

2nd Semester

  • Elective
  • Master Thesis & Colloquium

Electives

  • Big Data and Software Engineering
  • Smart Manufacturing Methods and Industrial Automation
  • Applied Autonomous Driving

Job Profiles and Top Recruiters

Tech companies, energy companies, market research sectors, IT sectors are the usual recruiters for data scientists. The job profiles offered are that of a Data Analyst, Data Scientist, Data Engineer, Machine Learning Engineer, Data Science Generalist, and Data Architect. Top Recruiters for these job profiles are:

  • Tredence Inc.
  •  Wipro Ltd.
  • Oracle
  • Cartesian Consulting
  • TEG Analysis
  • Deloitte
  • Global Analytics
  • IBM
  • Amazon
  • MuSigma

Besides, Universities and Colleges too hire data science graduates in academia related profiles.

Salary

The average salary of data science graduates in India is 8,00,000 per annum. However, with experience levels of five to ten years, there is a hike in salary up to 20,00,000 per annum.
In the US, the average salary is $113,436 which, again, increases with an increase in experience.

Pros and Cons

Pros

  • Data science finds its application in numerous areas such as healthcare, banking, technology, e-commerce.
  • It is a lucrative career with exceptional salary potential and prestige.
  • You will get to solve real world problems and can help save lives.
  • The Return of Investment is incredible. You have to pay around โ‚น2,00,000 for your studies, but in return youโ€™ll receive handsome salaries.
  • AI is the future. Data science is an integral aspect in development of artificial intelligence.

Cons

  • Given that Data Science courses are highly in demand, many students are opting for it. This may lead to saturation of data scientists and lead to a decline in the high salaries offered.
  • Data privacy breach is a major concern for data scientists as they have access to sensitive data. It often leads to emergence of ethical dilemmas.
  • You need to have a passion for continuous learning considering that this discipline is highly dynamic.
  • It is challenging to be good in this field because it is a culmination of many disciplines like computer science, mathematics, and statistics. Being an expert in all these is near to impossible.

Frequently Asked Questions (FAQs)

1. What is the difference between Data Science and Computer Science?
Data Science involves the analysis of large datasets using coding and statistics to find patterns in this data. Computer Science, on the other hand, involves using logic to write codes that will help complete tasks of varying levels of complexity.

2. Can I pursue a Data Science degree without Maths or Computer Science in my undergrad?
No, you cannot. Having completed your bachelorโ€™s in either maths, computer science, or statistics is mandatory to be eligible for Data Science courses. However, online platforms like Udemy and Coursera do provide Data Science courses even for people with no background in maths or computer science.

3. What do Data Scientists do?
The main job of Data Scientists is to analyse large amounts of data using artificial intelligenceand statistics to make sense of it and to find patters in this data, to be able to apply the derived knowledge in solving real-world problems.

4. Is Data Science purely research?
Data Science relies quite heavily on research. Additionally, it also uses artificial intelligence as well.

5. Why is Data Science trending?
In our modern world, huge amounts of data is being produced every second. Data Science helps make sense of this data and is a lucrative career.

6. Can I go for a Data Science degree if my maths is not good?
The entire basis of Data Science is build on mathematical concepts. This is quite a challenging field even for people who are experts in maths. So, you may want to reconsider your decision.

7. I had 60% in my bachelorโ€™s degree in Maths. Am I eligible for a Masterโ€™s in Data Science?
Yes. The minimum requirement for applying to colleges is 50%.

Interested to know more details about Masterโ€™s in Data Science from top international university, Click here

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