Data science experts are needed in virtually every job sector—not just in technology. In fact, the five biggest tech companies—Google, Amazon, Apple, Microsoft, and Facebook—only employ one half of one percent of U.S. employees. However—in order to break into these high-paying, in-demand roles—an advanced education is generally required.
“Data scientists are highly educated–88 percent have at least a master’s degree and 46 percent have PhDs–and while there are notable exceptions, a very strong educational background is usually required to develop the depth of knowledge necessary to be a data scientist,” reports KDnuggets, a leading site on Big Data.a
Here are some of the leading data science careers you can break into with an advanced degree.
Average Salary: $139,840
Typical Job Requirements: Find, clean, and organize data for companies. Data scientists will need to be able to analyze large amounts of complex raw and processed information to find patterns that will benefit an organization and help drive strategic business decisions. Compared to data analysts, data scientists are much more technical.
Machine Learning Engineer
Average Salary: $114,826
Typical Job Requirements: Machine learning engineers create data funnels and deliver software solutions. They typically need strong statistics and programming skills, as well as a knowledge of software engineering. In addition to designing and building machine learning systems, they are also responsible for running tests and experiments to monitor the performance and functionality of such systems.
Machine Learning Scientist
Average Salary: $114,121
Typical Job Requirements: Research new data approaches and algorithms to be used in adaptive systems including supervised, unsupervised, and deep learning techniques. Machine learning scientists often go by titles like Research Scientist or Research Engineer.
Average Salary: $113,757
Typical Job Requirements: Track the behavior of applications used within a business and how they interact with each other and with users. Applications architects are focused on designing the architecture of applications as well, including building components like user interface and infrastructure.
Average Salary: $110,663
Typical Job Requirements: An enterprise architect is responsible for aligning an organization’s strategy with the technology needed to execute its objectives. To do so, they must have a complete understanding of the business and its technology needs in order to design the systems architecture required to meet those needs.
Average Salary: $108,278
Typical Job Requirements: Ensure data solutions are built for performance and design analytics applications for multiple platforms. In addition to creating new database systems, data architects often find ways to improve the performance and functionality of existing systems, as well as working to provide access to database administrators and analysts.
Average Salary: $107,309
Typical Job Requirements: Oversee that all business systems are working optimally and can support the development of new technologies and system requirements. A similar job title is Cloud Infrastructure Architect, which oversees a company’s cloud computing strategy.
Average Salary: $102,864
Typical Job Requirements: Perform batch processing or real-time processing on gathered and stored data. Data engineers are also responsible for building and maintaining data pipelines which create a robust and interconnected data ecosystem within an organization, making information accessible for data scientists.
Business Intelligence (BI) Developer
Average Salary: $81,514
Typical Job Requirements: BI developers design and develop strategies to assist business users in quickly finding the information they need to make better business decisions. Extremely data-savvy, they use BI tools or develop custom BI analytic applications to facilitate the end-users’ understanding of their systems.
Average Salary: $76,884
Typical Job Requirements: Statisticians work to collect, analyze, and interpret data in order to identify trends and relationships which can be used to inform organizational decision-making. Additionally, the daily responsibilities of statisticians often include design data collection processes, communicating findings to stakeholders, and advising organizational strategy.
Learn More: What Do Statisticians Do?
Average Salary: $62, 453
Typical Job Requirements: Transform and manipulate large data sets to suit the desired analysis for companies. For many companies, this role can also include tracking web analytics and analyzing A/B testing. Data analysts also aid in the decision-making process by preparing reports for organizational leaders which effectively communicate trends and insights gleaned from their analysis.