If you are preparing for a master’s in data science in the UK and US, this is for you
Data science is the study of data. It is about extracting, analyzing, visualizing, managing and storing data to create insights. These insights help companies to make powerful data-driven decisions. Data science requires the usage of both unstructured and structured data. It is a multidisciplinary field that has its roots in statistics, math and computer science. It is one of the most highly sought-after jobs due to the abundance of data science positions and a lucrative pay scale. So, this was brief to data science, now let’s explore the pros and cons of data science.
Master in data science teaches how to analyze a large set of information and extract useful statistics from it. This program also focuses on implementing the extracted data for the benefit of the organization or client. Students enrolled in masters in data science in the UK get in-depth knowledge and skills in computational data analysis, machine learning, statistical principles of data analysis, insightful large-scale data analysis, understanding the ethical issues in the application of data science techniques and initiating independent data science projects. As per the industrial strategy of the UK’s government, bringing the country to the forefront for data revolutionization and artificial intelligence is one of the major four focuses. A new approach towards increasing data in the industries has led to enhancing the quality of education of data science courses in the UK. This has also resulted in the improvement of the education of the programs based on data mining. As per THE World University Ranking of 2021, the following are the top data science colleges in the UK. Along with the rankings the table also details the program fees of pursuing masters in data science from data science colleges in the UK.
As the volume of data being collected by various organizations is increasing, the demand for data science graduates is also increasing, especially in the UK, as demonstrated by the Dynamics of Data Science Skills report of the Royal Society. The rise of demand has made data science one of the highly sought-after masters in the UK.
In the UK, the demand for data scientists and data engineers increased by 231% in the past five years
Funding of 13 million GBP has been announced in AI, Data Analytics, and related projects
A 45 million GBP investment has been made to 200 Ph.D. programs in AI and related fields, suggesting that the scope of Ph.D. in the UK in AI and relevant fields like data science, big data, etc. is brighter than it has ever been
The average salary of Data Science graduates increased by 5% from 50,800 GBP in 2013 to more than 116,000 GBP at present
Home to AI and Big Data drive companies like DeepMind, Benevolent AI, Oxbotica, and FiveAI as well as Alan Turning Institute, makes UK one of the best study destinations for data science courses
The highest increase of 35% in salaries of data engineers in the UK was also observed in the report published by the Royal Society
Students with a bachelor’s degree in computer science or other related disciplines are eligible for making applications for masters in data science in the UK. An undergraduate degree in cognitive science, electrical engineering, linguistics, mathematics, philosophy, physics, psychology are also considered by some universities for MS in data science in UK admissions. The related degree courses that will be accepted must have statistics, mathematics and similar subjects that can be considered while working on data.
