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4 reasons why Management and Commerce students seek a career in Data Science

Data science is the fuel of businesses today and will be the same in the future

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Data
Data helps in the analysis of past performances and the insights-driven out of the same help businesses to improve their production, marketing, and sales strategies. Pixabay

With the increase in importance being given to skills over degrees and practical understanding over rote learning, students from non-technical backgrounds are also entering the world of technology through online trainings. Online trainings give equal liberty to students from any stream to explore new career opportunities. It allows affordable and accessible solutions to those who aim to learn new skills while managing their regular study or work schedule. As per Internshala Trainings’ recent data, out of the overall training enrolments, 28% of the enrolments were made for data science training. Most of the non-tech students enrolled in these trainings have either pursued or were pursuing Bachelor of Business Administration (B.B.A.) or Bachelor of Commerce (B.Com). Other trainings which attracted non-tech students include web development, ethical hacking, programming with python, and AutoCAD.

 Why Data Science?

  1. Data analysis is the need of the hour – For every business to run smoothly, a data-driven approach is a must. Data helps in the analysis of past performances and the insights-driven out of the same help businesses to improve their production, marketing, and sales strategies. Today, almost every industry and its operations take place online accumulating a huge amount of unstructured data every day. This data, whether it is about the users, product, sales, or anything, needs to be properly sorted, organised, and analysed to bring out essential information in the simplest form. As dealing with this data is extremely important for organisations, the requirement of data scientists is also soaring high. Data is present everywhere and thus, it brings out various job opportunities that B.Com, B.B.A., and students from other fields struggle to find in their stream of graduation.
  2. Development of job-specific and soft skills- During their graduation period, commerce and management students get a good understanding of certain skills like Excel and statistics. Enrolling in a data science training helps them to polish these skills and combine non-technical and technical skills to take data-based and analytically driven managerial decisions. The soft skills that you gain during your course of learning such as problem-solving, structural and logical thinking, intellectual curiosity, and effective communication are all transferable. Once learnt, these skills assist in your holistic development.
  3. Practical exposure through a real-world project – Through online data science trainings, you learn Python programming, statistics, predictive modelling, and machine learning, and combine all of these to bring out relevant, comparable, and valuable information from the cluttered unstructured data. During the training, you also work on an industrial project where you design an end-to-end predictive model for a financial firm which helps in strengthening your practical knowledge and adds weight to your resume.
  4. Assists in finding better job opportunities and helps in higher studies – Students are preferring data science over other trainings because it can help them find unique job opportunities in both management and data science. And, even if they do not aim to make their career in the core field of data science, the knowledge that they gain gives them an edge over other students while applying for higher education. Popular modern post-graduation specialisations for management students like international accounting, entrepreneurship, company secretaryship,  travel and tourism, and business analytics all require a strong understanding of data combined with the ability to manage businesses.
Blur, Chart, Computer, Data, Finance, Graph, Growth
Today, almost every industry and its operations take place online accumulating a huge amount of unstructured data every day. Pixabay

Career opportunities for Data Science professionals

 Data science is the fuel of businesses today and will be the same in the future. Learning data science opens a wide array of job opportunities that will continue to evolve in the upcoming years. Professionals skilled in data science can work in multiple roles such as data and analytics manager, business analyst, database administrator, statistician, data architect, data analyst, quantitative analyst, and data scientist. As per Internshala’s data, on average, data science interns in India get an average stipend of Rs. 9000/- month.

ALSO READ: All you Need to Know About the Lockdown in India Amid Coronavirus Pandemic

 Learning data science through online trainings is the most convenient way of strengthening your command on both theoretical and practical concepts. More and more beginners from non-technical fields are enrolling in the same as they don’t have to be a graduate in engineering or a pro at coding. It is one such field which comes with limitless possibilities for those who have a conviction to maintain pace with the ever-changing technology and learn new technical skills by practising limitlessly.

Courtesy: Internshala Trainings (training.internshala.com) – e-learning platform to learn new-age skills from Internshala

Next Story

Why Study MBA in Canada

According to the national statistics office, the number of migrants entering Canada has grown from 250,000 last year to around 300,000 this year

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Canada
Canada has a globally recognized world-class education system and is considered one of the best places to pursue MBA. Pixabay

Canada has a highly diverse population and features a wide range of industries, world-class metropolitan cities, and most importantly internationally accredited business schools. Students can pursue a master’s in business administration with a specialized degree in finance, consulting or marketing. There are a lot of career opportunities in Canada, students can find work anywhere from the country’s financial services to any other sector. Many international students who study in the country receive their work visa just after completing their studies and can even expect to get a permanent residency after completing their studies. There are numerous benefits of doing MBA in Canada such as:

Quality education: Canada has a globally recognized world-class education system and is considered one of the best places to pursue MBA. Each year Canada attracts thousands of students from abroad. Its high academic standards and rigorous quality controls reflect the high-quality education provided which helps in successful and long term career plans.

Low tuition cost: Canada is often preferred choice for students because of the low tuition costs. Many organizations provide benefits to the students to pursue their studies successfully. The tuition fee that you pay may vary depending on where you choose to study. It is a developed country with a high-income economy and a successful government which makes it a fantastic place to live and study.

Multicultural experience: Universities come up with different events so that the students can mingle with multicultural people on and off the campus. Even though it is a mixed society but the universities and the government as well are trying to make sure that there won’t be any problems of race and color. They encourage multi-cultural integration and Canada has a national policy for multiculturalism and works to ensure that people’s customs and traditions are preserved and respected.

Research: The study programs delivered by Canadian universities are more focused on research where students get to engage in interesting experiments and projects which are meant to provide students with an innovative study experience.

Internship programs: There are plentiful opportunities for business students who can combine academics with an internship or work experience in the field of your study which in turn can diversify and develop your professional skills.

Degree
Students can pursue a master’s in business administration with a specialized degree in finance, consulting or marketing. Pixabay

Multilingual: English and French are the official languages of Canada and it has become a multilingual country with the arrival of so many people from different nationalities with so many languages, religions, and cultures. It is a great opportunity for the students to learn different languages. Students can enrich their linguistic and communicative skills while being enrolled in a Canadian university.

Immigration: According to the national statistics office, the number of migrants entering Canada has grown from 250,000 last year to around 300,000 this year. On account of the open door policy of Canada, immigrants and their descendants have made immeasurable contributions to Canada’s economy. After completing their studies, students with Canadian credentials and Canadian work experience can apply for permanent residency.

Beautiful landscape: Canada has spectacular scenery, landscapes that can be explored throughout the year. The cold season provides a great opportunity for dedicated skiers and ice skaters to practice their sport in majestic surroundings.

Canada has a highly diverse population and features a wide range of industries, world-class metropolitan cities, and most importantly internationally accredited business schools. Students can pursue a master’s in business administration with a specialized degree in finance, consulting or marketing. There are a lot of career opportunities in Canada, students can find work anywhere from the country’s financial services to any other sector. Many international students who study in the country receive their work visa just after completing their studies and can even expect to get a permanent residency after completing their studies. There are numerous benefits of doing MBA in Canada such as:

Quality education: Canada has a globally recognized world-class education system and is considered one of the best places to pursue MBA. Each year Canada attracts thousands of students from abroad. Its high academic standards and rigorous quality controls reflect the high-quality education provided which helps in successful and long term career plans.

Low tuition cost: Canada is often preferred choice for students because of the low tuition costs. Many organizations provide benefits to the students to pursue their studies successfully. The tuition fee that you pay may vary depending on where you choose to study. It is a developed country with a high-income economy and a successful government which makes it a fantastic place to live and study.

Multicultural experience: Universities come up with different events so that the students can mingle with multicultural people on and off the campus. Even though it is a mixed society but the universities and the government as well are trying to make sure that there won’t be any problems of race and color. They encourage multi-cultural integration and Canada has a national policy for multiculturalism and works to ensure that people’s customs and traditions are preserved and respected.

Research: The study programs delivered by Canadian universities are more focused on research where students get to engage in interesting experiments and projects which are meant to provide students with an innovative study experience.

Internship programs: There are plentiful opportunities for business students who can combine academics with an internship or work experience in the field of your study which in turn can diversify and develop your professional skills.

Multilingual: English and French are the official languages of Canada and it has become a multilingual country with the arrival of so many people from different nationalities with so many languages, religions, and cultures. It is a great opportunity for the students to learn different languages. Students can enrich their linguistic and communicative skills while being enrolled in a Canadian university.

Canadian Flag, Canada, Maple, Country, Immigration
Canada has a highly diverse population and features a wide range of industries, world-class metropolitan cities, and most importantly internationally accredited business schools. Pixabay

Immigration: According to the national statistics office, the number of migrants entering Canada has grown from 250,000 last year to around 300,000 this year. On account of the open door policy of Canada, immigrants and their descendants have made immeasurable contributions to Canada’s economy. After completing their studies, students with Canadian credentials and Canadian work experience can apply for permanent residency.

ALSO READ: Credihealth Launches Dedicated Tele/Video Consultation Service

Beautiful landscape: Canada has spectacular scenery, landscapes that can be explored throughout the year. The cold season provides a great opportunity for dedicated skiers and ice skaters to practice their sport in majestic surroundings.