Summary Report for:
15-2051.00 - Data Scientists
Develop and implement a set of techniques or analytics applications to transform raw data into meaningful information using data-oriented programming languages and visualization software. Apply data mining, data modeling, natural language processing, and machine learning to extract and analyze information from large structured and unstructured datasets. Visualize, interpret, and report data findings. May create dynamic data reports.
- Analyze, manipulate, or process large sets of data using statistical software.
- Apply feature selection algorithms to models predicting outcomes of interest, such as sales, attrition, and healthcare use.
- Apply sampling techniques to determine groups to be surveyed or use complete enumeration methods.
- Clean and manipulate raw data using statistical software.
- Compare models using statistical performance metrics, such as loss functions or proportion of explained variance.
- Create graphs, charts, or other visualizations to convey the results of data analysis using specialized software.
- Deliver oral or written presentations of the results of mathematical modeling and data analysis to management or other end users.
- Design surveys, opinion polls, or other instruments to collect data.
- Identify business problems or management objectives that can be addressed through data analysis.
- Identify relationships and trends or any factors that could affect the results of research.
- Identify solutions to business problems, such as budgeting, staffing, and marketing decisions, using the results of data analysis.
- Propose solutions in engineering, the sciences, and other fields using mathematical theories and techniques.
- Read scientific articles, conference papers, or other sources of research to identify emerging analytic trends and technologies.
- Recommend data-driven solutions to key stakeholders.
- Test, validate, and reformulate models to ensure accurate prediction of outcomes of interest.
- Write new functions or applications in programming languages to conduct analyses.
Detailed Work Activities
- Advise others on analytical techniques.
- Analyze business or financial data.
- Analyze data to identify or resolve operational problems.
- Analyze data to identify trends or relationships among variables.
- Analyze data to inform operational decisions or activities.
- Apply mathematical principles or statistical approaches to solve problems in scientific or applied fields.
- Determine appropriate methods for data analysis.
- Develop procedures to evaluate organizational activities.
- Develop scientific or mathematical models.
- Prepare analytical reports.
- Prepare data for analysis.
- Prepare graphics or other visual representations of information.
- Present research results to others.
- Select resources needed to accomplish tasks.
- Update technical knowledge.
- Write computer programming code.
|Title||Job Zone Four: Considerable Preparation Needed|
|Education||Most of these occupations require a four-year bachelor's degree, but some do not.|
|Related Experience||A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.|
|Job Training||Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.|
|Job Zone Examples||Many of these occupations involve coordinating, supervising, managing, or training others. Examples include real estate brokers, sales managers, database administrators, graphic designers, chemists, art directors, and cost estimators.|
|SVP Range||(7.0 to < 8.0)|
Wages & Employment Trends
Median wage data for Data Scientists and Mathematical Science Occupations, All Other.
Employment data for Data Scientists and Mathematical Science Occupations, All Other.
Industry data for Data Scientists and Mathematical Science Occupations, All Other.
|Median wages (2020)||$47.23 hourly, $98,230 annual|
|Employment (2020)||63,200 employees|
|Projected growth (2020-2030)||Much faster than average (15% or higher)|
|Projected job openings (2020-2030)||7,100|
|Top industries (2020)|
Source: Bureau of Labor Statistics 2020 wage data and 2020-2030 employment projections . "Projected growth" represents the estimated change in total employment over the projections period (2020-2030). "Projected job openings" represent openings due to growth and replacement.