Top 10 High-Income Data Science Jobs During Economic Downturn

Economic downturn is certainly not a hurdle for landing a high-paying data science job

The market is reeling under recession and big companies are laying off employees in large numbers. In such circumstances, it is highly refreshing that people who are pursuing data science courses can breathe a sigh of relief. In spite of the recession, demand for data scientists both at the entry level and at the higher level is only soaring. A McKinsey report from 2011 predicted that the United States will face a shortage of about 190,000 data scientists. Now certainly it becomes imperative that freshers as well as experienced focus on their expertise to land high-income data science jobs. Here are the top 10 high-income data science jobs to seek in times of economic downturn.  

Artificial Intelligence architect

Salary range : $129,290 approx

An artificial intelligence architect is responsible for creating AI algorithms that solve business problems. This job profile requires a thorough understanding of machine learning and the ability to evaluate data sets. The prospective AI architects need to have a strong background in IT and knowledge of big data systems.

Business Intelligence Director

Salary range : $93,000 to $164,000

This is a critical data science job profile demanding deep analytical skills. Business intelligence directors are usually involved in identifying the patterns in the data useful for proposing novel trends in product design. The responsibilities include delegating tasks and organizing projects for teams they lead and overseeing multiple projects simultaneously.

Chief Data Officer

Salary Range: $168,744 to $308,971

As Chief Data Officer, data scientists will have to make final decisions on what data to collect, process, and implement data warehouse operations, design the company's storage solutions, and monitor organizational policies. CDOs often collaborate with other executives to evaluate security measures that are in place and discuss the latest innovations that may be implemented into their systems.

Cloud Architect

Salary range: $80,000USD to $167,000USD

Cloud architects essentially create online computing networks that connect servers for smooth information transmission, building woke network solutions. This position requires computer engineers who are proficient in programming and networking. They research new information on hardware and software reviewing and implementing solutions to optimize processes.

Data analyst

Salary range: $66,269USD to $85,042USD

Data analysts play the role of a bridge between decision-makers and data scientists. They are responsible for reviewing information, determining accuracy, and creating reports on their findings. They don't need to know to program but having proficiency in working with databases and creating visualization charts is a must.

Data Architect

Salary Range: $75,000USD to $154,000USD

Data architects are data science personnel with advanced knowledge in database management. The job responsibilities include warehousing solutions for capturing, organizing, and centralizing various sources of information. They should be able to create successful business plans and have a full vision of how these processes should operate.

Data Engineer

Salary range: $72,000USD to $158,000USD

Building the framework, maintaining information, and providing accessibility constitute the prime functions of a data engineer. They create the platforms necessary for data analysts and scientists to create algorithms and manipulate data that has been gathered from various sources.

Database Administrators

Salary range: $46,000USD to $110,000USD

Database administrators occupy top positions involving overseeing the protection of data. Structuring data, implementing software for better performance, and analyzing database systems constitute the main responsibilities of a database administrator. It focuses on administrative tasks within database organizations with additional responsibilities like performing disaster recovery, and troubleshooting errors and vulnerabilities found in the database.

Mobile Developer

Salary range: $64,000USD to $140,000USD

Rising mobile and tablet usage has given way to new data science job profiles. They are responsible for gathering mobile user information and thereby developing the strategy for the best user experience. Integration of machine learning and natural language processing provides mobile assistants with whole new functionality for mobile applications.

Network Security Architect

Salary Range: $80,000USD to $156,000USD

They design security framework that spans internal systems, network architecture, and cloud infrastructure. A network security architect's duties include constantly updating security operations and presenting all the findings.  They also act as experts when converting to new hardware and software and help employees transition successfully to these new features.