Demand for Data Scientists increases by 32% YoY

Demand for Data Scientists increases by 32% YoY

S P Jain School of Global Management announced that the Bachelors of Data Science (BDS) course has been accredited by the Data Science Council of America (DASCA), the foremost credentialing body for Data Science & Engineering programs in United States and around the World.

DASCA is an exclusive accreditation and only established IITs and top 3 NITs have DASCA accreditation in India. SP Jain is the only one in Australia to have this coveted accreditation. This accreditation would particularly be useful to SP Jain’s Bachelor of Data Science (BDS) course that is conducted in Mumbai/Sydney and leads to a work visa in Australia. Given the skill shortage in Australia, the starting salary is over A$70,000 per annum, one of the highest for fresh graduates.  S P Jain’s BDS course has observed significant demand over the last year.

Speaking about the rising interest for this field of study, Abhijit Dasgupta, Director – Data Science Programs, S P Jain School of Global Management, said, “Data Science is the new Engineering as the world has moved from the Industrial era and runs on data today.  For three years in a row, data scientist has been named the number one job in the U.S. by Glassdoor. What’s more, the U.S. Bureau of Labor Statistics reports that the rise of data science needs will create 11.5 million job openings by 2026. Data science experts are needed in virtually every job sector—not just in technology. In fact, the five biggest tech companies—Google, Amazon, Apple, Microsoft, and Facebook, contributing to over 52% of worlds market capitalization globally, are one of the biggest employers of data scientists and engineers. However—in order to break into these high-paying, in-demand roles—an advanced education in Data Science is required.”

In Australia, as on 7 Jan 2020, according to Glasdoor.com, the base pay of data science professionals has touched an all-time high of $114,000 in Australia. Our students get the opportunity to pursue part of their course in Australia, through which they not only receive an Australian Degree upon completion, but also 2-year Post Study Work Rights. Being an emerging global hub in Data Science jobs, Australia also boasts a safe, stimulating and highly dynamic environment for students.

The three year intensive program provides the students with a strong foundation in Mathematics, Statistics, Programming, Machine Learning, Artificial Intelligence, Visual Analytics, Cloud Engineering, Big Data Engineering amongst other verticals, which in turn enables them to seek a career with world premier data science hubs, the Big 4, IT and Analytics firms in the world. During the course, the candidates are equipped with various skills such as strategy development, improving operational efficiencies, reducing costs, terminating risks amongst others, thereby adding real value to a company. Students have access to SP Jain’s new Disruptive Technologies Lab in Sydney where they conduct practical projects.

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