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Day: July 18, 2022

2022 Data science job trends, careers and industry insights

Posted on by Imarticus Learning
Reading Time: 3 minutes

2022 Data science job trends, careers, and industry insights

Without data, everything is just an opinion. And business decisions are not made on opinion; they are made based on facts and details. This is where a data scientist enters the business realm. 

But, what is data science exactly? Well, data science is the study of large volumes of data using advanced technology and programming tools to extract meaningful information from them. These data points serve as the foundation for making both primary as well as key and strategic business decisions.

Today, data scientists are quite high in demand in the job market. This can be primarily attributed to two reasons – the growing shift of businesses to the digital space and rise of the consumer behavioral analytics. 

Suppose you also want to ride this wave of growth in the space of data analytics. In that case, you can learn data science by getting enrolled in our Certificate Program in Data Science and Machine Learning and saying yes to your data science career dreams!

Top Data Science Job Trends and Industry Insights 2022

If you aspire to make a career in the field of data science, you must keep your skill set and knowledge base updated for the following job trends in the domain –

  • Demand For Data Scientists Increased by Over 30%

The demand for data scientists in India increased by 30.1% in April 2022, as compared to the last year. With this, India’s share in the global demand for data scientists increased from 9.4% in 2021 to 11.6% in 2022.

  • BFSI Sector Emerged as the Biggest Employer for Data Scientists

In FY2022, the BFSI sector accounted for the highest demand (26.6% ) for data scientists in India, according to the latest Analytics India Magazine (AIM) report. After the BFSI sector, the e-commerce and internet space hired the largest number of data scientists in the country.

  • Bengaluru – The New Hub For Data Scientists

The city of Bengaluru created the maximum number of Data Science jobs in India in 2022, with as many as more than 51,000 positions. This can be attributed to the city’s bent on the IT sector and the presence of several emerging startups and unicorns there. After Bengaluru, Delhi-NCR registered the highest number of data science jobs.

  • Employers Prefer Engineers Turned Data Scientists

In 2022, the majority of Individuals who got hired for data science job roles belonged to the engineering stream. As high as 56% of them were engineering undergraduates, and 25.9% were engineering masters. Non-engineering undergraduates comprised 35.2% of the sphere, whereas MBAs accounted for 17.4% of the hires.

  • Most Popular Data Science Designation – Business Analyst

As many as 39% of the data science jobs which were advertised in 2022 came with the designation of ‘Business Analyst’. The second-most popular title in the space, appearing in 34.6% of the job openings, has been that of ‘Data Engineer.’

A Sneak Peek into Data Science Careers

To bag a job in the data science domain, you need to have a good mix of both technical and non-technical skills.

Top Technical Skills For Data Science Career

Today, organisations are hiring individuals who are not only good at evaluating data using basic data analytics software but who can also automate them using augmented analytics technologies like Artificial Intelligence, Machine Learning, and Natural Language Processing (NLP) for real-time insights.

You must also be well equipped with programming languages like C++, Python, R, Java, and SQL and data visualization tools like Tableau to get your desired data science job. Knowledge of platforms like Hadoop and Apache Spark is also a plus.

Top Non-Technical Skills For Data Science Career

Just being technically sound is not enough; you must also possess the following non-technical skills to make a career in the field of data science – 

  1. Analytical skills
  2. Ability to work and collaborate in a team
  3. Good communication skills to translate your understanding of data to the stakeholders

Final Words

Data Science has been touted as the future of jobs, not only in India but all over the world. 

According to the latest Mckinsey report, almost all organizations will become data-driven, becoming a default setting. This indicates that in the near future, the reliance on data and the need for data scientists will only be a steep upward curve. So, if you wish to make a career in this emerging and growing field, you must start now and get a data science certification in India.

For detailed guidance and advice on the data science course, contact us through chat support, or drive to our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, and Gurgaon. 

The Perks Of Taking Up A Financial Analyst Course

Posted on by Imarticus Learning
Reading Time: 2 minutes

The Perks Of Taking Up A Financial Analyst Course

Financial analysts are essential in helping organizations make informed decisions about allocating their resources. A financial analyst course can offer several benefits, both professional and personal. From developing strong analytical skills to gaining a better understanding of the financial markets, a financial analyst course can help you take your career to the next level.

Financial analysts are essential in developing a healthy and comfortable ecosystem for the firm’s capital. If you are thinking about a finance career or are already working as a financial analyst but want to enhance your abilities, taking a financial analyst course is a good idea.

What are the benefits of a Financial Analyst degree?

A financial analyst degree can provide many opportunities and benefits. Pursuing a degree in finance can open the door to a career in investment banking, financial planning, portfolio management, and more. A financial analyst degree can also provide beneficial skills in any business career, such as financial analysis and risk management.

Here are a few significant steps to becoming a financial analyst

Many people aspire to become financial analysts. And why not? The job is recession-proof, intellectually stimulating, and well-compensated. 

First and foremost, you need to have strong math skills. A financial analyst course will teach you the ins and outs of economic analysis, but you’ll likely struggle if you don’t have a firm foundation in mathematics.

A financial analyst needs to think logically and critically. A financial analyst must analyze data and draw logical conclusions from it. 

You need to have good communication skills. A financial analyst explains complex concepts in simple terms. If you’re uncomfortable communicating with others or find it challenging to put your thoughts into words, this job may not be for you.

If you have strong math skills, can think critically, and have good communication skills, then a career as a financial analyst may be the perfect fit for you.

In India, the average annual income for a Financial Analyst is ₹431,687. However, this number will depend on your experience, education, and location. You could easily earn six figures or more with the proper knowledge and qualifications.

So, if you’re searching for a way to make your degree work for you, consider taking a financial analyst course. You’ll also gain valuable skills and knowledge to help you succeed in the financial industry.

Discover the Financial Modelling Courses with Imarticus Learning

These financial analysis courses cover everything from valuation processes to modeling methodologies, allowing students to learn essential skills like collaboration while swiftly acquiring experience.

Course Benefits For Learners:

  • A financial analysis course is an excellent way for students to get real-world experience and skills right after graduation.
  • Students will gain valuable skills that will help them obtain employment in the financial business.
  • Students may impress employers and exhibit their abilities by taking chartered financial analyst courses accredited by India’s leading academic institutions.

Contact us through chat support, or drive to our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, and Gurgaon. 

Top 5 Benefits Of Executive Management Training Course

Posted on by Imarticus Learning
Reading Time: 2 minutes

Top 5 Benefits Of Executive Management Training Course

Once your corporate life begins, you will need to upgrade yourself through various courses to help you develop your skills further. For example, enhancing your career through an Executive Management Training Course will help you grow as an individual and also help the company you work for.

The program helps you attain specialised skills that lead to better decision-making. It also equips you to handle difficult situations at the workplace easily. However, having an experience of several years will not help you deal with ever-changing work scenarios. You will have to keep upgrading yourself with the help of corporate leadership training for better critical thinking and decision-making.

While approaching your leadership team, the most important step is to make the leaders understand why they should support you with an Executive Program in Management or Corporate Management Courses. To help you put your case in front of the management of your company, below are the top 5 benefits.

Better Leadership

An Executive Management Training Course helps prepare an individual for a leadership role. The benefits of taking a corporate leadership program. It helps you become more confident, a better communicator and approachable, and a more flexible approach to life.

Skill Gap Bridging

Having an Executive Management Training Course will help you explore different fields, not defining your set of skills to your domain. These Corporate Learning Programs help you gain knowledge in abundance and in less time.

Out of the box Thinking

When you get an opportunity to try trends that are new and challenging, it becomes very important to showcase your strengths and knowledge. However, grabbing the opportunities and showcasing your talent often becomes difficult when you lack the skills and technology that are changing daily. Therefore, upgrading yourself with Corporate Learning Programs to solve today’s challenges with solutions that cater to the modern-day is essential to up the corporate ladder.

Perspective Widening

Doing the Executive Management Training Course with people with similar interests will help you widen your perspective by enhancing many soft skills required today, such as logical reasoning, cognitive flexibility, and brand management.

Better Monetary Benefits

Any organization will choose an individual who has attended more seminars, and workshops and invested in self-development with an Executive Management Training Course than an individual who can only show a degree.

Executive Management Training Courses give individuals the tools to deal with challenging situations. These courses can be done online through various institutions where work and education can be balanced together or through the classroom to get a particular diploma or degree.

Doing a Corporate Leadership Training or an Executive Management Training Course will help you be a better leader and open doors to vast opportunities on your career ladder. We at Imarticus Learning have partnered with premier universities across the world to offer Executive Management Training Courses that are experiential and progressive with the help of the latest technology.

These courses are delivered by collaborating with many experts across industries and firms that are globally recognized. So join us today to earn a certification endorsed by the industry and holds a weightage in your portfolio.

Make use of these Executive Management Training Courses today!