Certifications Vs Internships Vs Degree to get a Data Science Job in 2023

Data science has become a niche word in the job market.
Being the versatile field it is, Data Science is getting an unflinching attention from today’s Youth. Despite its wide scope across the globe, it is still the proverbial 'Rocket Science' to the people, especially if you are beginning afresh. This is merely due to the widespread availability of resources and options.

Diving into Data Science, while it sounds a lot intimidating, it needn’t have to be that way. Just a few steps in the appropriate direction and you are good to grab the biggest of opportunities.

Let us look into the simplest & effective preliminaries of securing a Data Science job. Most Data Science jobs require very less knowledge. It demands various skill sets like programming (R, Python, Julia, etc.), Excel, Presentation, etc.
How do you develop these skill sets?
Well, here are 3 ways which can get you closer to your dream job in Data Science;

1. Certifications: Certification courses have gained a huge momentum in recent years. They generally provide content and assessment on a package basis. But their easy availability might often dent the weightage of the certificate obtained and may not prove to be effective.

2. Internships: Internships are beneficial as well as valuable since you not only sharpen the required skills but also do the work of Data Scientists by doing the practical fieldwork. This, unlike certification, reduces the time lags between the time of learning the skill and actually applying it.

3. Traditional Learning: In Traditional structure of learning of full time programs, an ideal mix of theory, technical skills and soft skills provides a fertile ground for your Data Science Career. This is the simplest and the least uncertain path to learn the skills related to Data Science & ensure a job. The USP of this type of learning is final placements. It also gives a cohort of people which is effective in discussing and learning skills.

However, these aren’t the only ways to learn the necessities of Data Science. Whilst either of the above strategies may work for you, a mixture of all the above might be the only way for the other people.
This is being said so that the information provided above proves only to be a food for thought and does not deter your thirst for Data Science.

Data Science is an emerging field and evolves every single day, so it is essential to stay relevant. While it doesn’t just have to be a degree or a course, it can be as simple as keeping tabs on the recent developments in the field.

Remember, it is the “Small steps, every day.” So, make sure you take that first step with this very little ounce of knowledge you just gained.
Best Wishes!

Is Studying Economics a Good Career Choice? & its Scope!

Why Economics?
Many questions may arise when you think of choosing a career option. If you are someone who’s thinking of choosing Economics as an option, are you on the right track? Your motivation could be to become a central banker, you might be eyeing big investment banks or simply interested in studying the macroeconomics of nations.
There is no right or wrong answer.
One needs to be careful because merely an educational degree may not suffice; It can improve your understanding of the world but the working of the economy is quite imperfect and volatile, unlike theory.

In simple terms, Economics is about making informed decisions from available limited resources. The application of this simple concept can be seen everywhere in present complex systems starting from households to the government level which makes it important for individuals to explore this field.

What is it like to study Economics?
Economics, also known as dismal science is a blend of science and art which at times, requires analysis, research, data comprehension, political awareness and is just not limited to theoretical understanding. One needs to put in an amount of effort and it requires experience to understand anything about the economy. It is not hard to identify the multidisciplinary aspect of economics with politics. So, without understanding the political motivation for any economic commentary, it becomes hard to understand what’s happening with the economy. It becomes important to study the political underbelly of the economy before going deep into academia and research.

There are a lot of imperfections ingrained into the system. One question that might cross your mind is, how to plan, to equip yourself with this kind of challenge present? In an ever-changing society, solely dependent on an educational degree in Economics is insufficient to understand the macroeconomic underpinnings of any nation.
For example, an angel investor looks at the economy differently from an academician but that doesn’t make either wrong.
There are a lot of aspects which can’t be pinned down directly to the theory of economics. Therefore, it becomes important to get dirty with numbers to figure out the trends and comprehend the macroeconomic dynamics.

Should you pursue Economics?
After knowing all this, should you pursue Economics? Yes, because if you were not interested in Economics, you wouldn’t have been reading till now. However, if you have been persuaded away from Economics after reading this piece, you probably should rethink because it requires a philosophical bent of mind.

The best place to learn Economics is not in textbooks but in the political discourse of nations, and the study of businesses. Since microeconomics builds the framework for understanding the economy as a whole, it is preferable to study it. To sum up, it is not one explicit thing but an interest in multiple fields which is needed to succeed in the field of Economics. As new technologies are emerging, the contribution of economics to problem-solving and policymaking will increase more than ever.