How Much Can You Earn with Data Science?

A high paying Salary with a promising Career like Data Science

Undoubtedly, Data Science is one of the most promising careers of 21st Century.  But what exactly can you earn with Data Science?  This is one such field where the Data Scientists could earn upto six figure salary that too very early in the career.  

The area of data science includes a wide range of jobs and positions. Data science careers are available in almost every sector, including technology and healthcare. You should examine your personal interests and skills while you explore your professional route because each role has a particular function. The article includes a few of the highest-paying data science positions along with their salaries.

Data Scientist

Data scientists analyze large data sets and produce useful insights that an organization can employ by applying their statistical and mathematical expertise. Also, they create predictive models and algorithms that foresee outcomes using both actual and sample data. In the end, data scientists create narratives from data to convey advice to teams or senior managers. To become a data scientist, you must have a bachelor's degree in data science, computer science, information technology, statistics, mathematics, or a closely connected field.

Salary Range: A data scientist can earn an average yearly salary of over $97,000.

Machine Learning Engineer

A degree in computer science, software engineering, data science, machine learning, mathematics, or statistics, either at the bachelor's or master's level is required. Deep learning and machine learning models are created and trained by machine learning engineers. These experts use the models and keep enhancing their effectiveness. Leading positions are frequently assumed by senior engineers, who inform the team's junior members about project requirements.

Salary Range: Machine learning engineers may earn more than $112,000 per year.

Data Engineers

Data engineers create and maintain the analytics infrastructure needed to utilise data. Databases, servers, and processing systems fall under this category. Moreover, data engineers create the data pipelines that convert unstructured and raw data into representations that may be used. Structured Query Language (SQL) and other database technologies should be thoroughly understood by data engineers. To succeed as a Data Engineer, you must possess a Master's degree in software engineering, computer science, statistics, mathematics, or a related subject.

Data engineers can earn around $93,000 per year.

Data Analyst

It is a data analyst's responsibility to collect, arrange, organize, analyze, and transform unstructured data into knowledge. Data analysts frequently produce clear reports or presentations for corporations using data. Although data analysts frequently have more entry-level positions, their jobs are very comparable to those of data scientists. A successful job in the data analytics area requires a bachelor's degree in computer science, statistics, mathematics, behavioural economics, or a related field.

Salary Slope: Data analysts may earn more than $62,000 annually.

Data Architect

Systems for storing and protecting corporate data are developed by data architects, often known as database administrators (DBAs). New databases are created, built, and maintained by DBAs. Data analysts and other authorised users should be able to use the database effectively. The security of the data may also fall within the purview of DBAs or architects since databases frequently include confidential and private information. An undergraduate degree in computer science, computer engineering, or a related discipline

Salary Slope: Data architects may earn more than $123,000 annually.

Computer and Information Research Scientist

In order to solve computing challenges, computer and information research scientists use computer hardware and software. Computer and information research scientists create and test hypotheses to address computing issues as experts in either computer science or computer engineering. To increase the effectiveness of computer systems, they can even develop new programming languages or software. A successful career as a computer and information research scientist requires a Master's degree in computer science, computer engineering, or a related subject.

Salary Slope: Computer and information research scientists make an average of $131,490 per year.