Call us today! (866) 295-3106

Call us today! (866) 295-3106

MS in Data Science Career Outlook

Prepare to Make Discoveries in the World of Big Data

While the idea of using data as an organizational tool dates back to the early days of scientific management, the influx of information made possible by technology has driven more businesses to incorporate data science and analysis into their strategic planning. In 2012 Harvard Business Review dubbed “data scientist” one of the sexiest careers of the 21st century,1 and a graph of job postings on Indeed.com for data scientists shows a significant increase since 2014.2

Data analyst jobs are available in organizations across the private, public and non-profit sectors, especially in finance, insurance, health care, manufacturing, and education. However, any organization that wants to use information regarding market trends, consumer behavior, and demographics will hand to hire professionals with the data science knowledge to interpret it. Consequently, data science careers offer a large amount of flexibility.

Data Science Jobs

Positions in data science and analytics can go by a number of names and may vary in terms of roles and responsibilities. For example, someone working in business would need excellent communication skills to explain to organizational stakeholders the meaning and importance of their findings, while a financial data analyst might rely more on quantitative skills like math and statistics to produce technical reports.

A few of the typical positions available to MS in Data Science graduates and their average salaries include:

  • ::  Data Scientist ($113,436)3
  • ::  Operations Research Analyst ($78,630)4
  • ::  Survey Researcher ($53,920)
  • ::  Market Research Analyst ($62,150)
  • ::  Management Consultant ($81,320)

Other potential job titles include:

  • ::  VP of Analytics
  • ::  Director of Risk Adjustment
  • ::  Manager of Credit Analytics
  • ::  Data Analytics Manager
  • ::  Data Visualization Scientist

Your Specialization and Your Data Science Career Path

Each specialization in the online MS in Data Science program allows you to tailor your studies to your own career interests and goals. For instance, the Social Science Analytics specialization prepares you for a data science career path in which policy making is a focus, such as health care and education, while the Business Analytics specialization emphasizes applying data in more commercial contexts. Similarly, the Cybersecurity and Financial Crime specializations adapt data science techniques, research and theory for application in those fields.

To learn more about how you can pursue a data science career with the online Master of Science in Data Science at Utica College, request more information or call us today at 315.732.2640 or toll-free at 866.295.3106 to speak with a program manager.

1 “Data Scientist: The Sexiest Job of the 21st Century,” http://hbr.org/2012/10/data-scientist-the-sexiest-job-of-the-21st-century/ar/1
2 “Data Scientist” Job Trends, https://www.indeed.com/jobtrends/q-%22Data-Scientist%22.html, accessed April 4, 2017
3 Data Scientist salary from Glassdoor, https://www.glassdoor.com/Salaries/data-scientist-salary-SRCH_KO0,14.htm, accessed April 4, 2017
4 Operations Research Analyst, Survey Researcher, Market Research Analyst and Management Consultant salaries from Bureau of Labor Statistics Occupational Outlook Handbook, http://www.bls.gov/ooh/, accessed April 4, 2017.