Being a Data Scientist is a position of great esteem. It is held in high regards, the sky-high pay is also one of the reasons that makes it so in demand. However, there is a scarcity in the number of data scientists available in the nation. If you are planning to make a career out of Data Science, then read on.

Starting with the fundamentals, one has to have the knowledge of Algebraic functions and matrices. Along with this, relational algebra, binary tree and hash functions are to be learned. Other topics are inclusive of Business Intelligence vs. Reporting vs. Analytics. Extract Trans form Load (ETL) is also included in the fundamentals category.

Then comes statistics, this includes the Bayes theorem, probability theorem, outliers and percentiles, exploratory analysis of the data, random variables and CDF (Cumulative Distribution Function), and skewness. Other fundamentals of statistics are also included here.

In case of Programming, the essential languages to be learned are ‘Python’ and ‘R’.

For Machine Learning, one should possess the understanding of concepts such as unsupervised learning, supervised learning and reinforcement learning. Under the algorithms of unsupervised and supervised learning, one should understand clustering, random forest, logistic regression, linear regression, decision tree and K nearest neighbour.

When it comes to Data Visualization, one should have a hands-on knowledge about the visualization tools such as Google Charts, Kibana, Tableau, and Datawrapper.

We all know that Big data can be found everywhere and anywhere. Data is being generated every second, and therefore there is a need for the storage and collection of this data. Data analytics has become a crucial tool for business companies as well as organizations, because of the fear that they might lose out on something important. In the long run, there is a need for this to keep up as well as surpass the competition. The tools that are important for learning the framework of Big Data are Spark and Hadoop respectively.

One comes across the feature selection while in the process of performing data analysis, this is before they have applied the analytical model to data. Therefore one can say that the activity performed so that the raw data is free of any impurities before input into the analytical algorithm is known as data munging. For this process of data munging, one can make use of either ‘Python’ or ‘R’ packages. For a person that deals with data, one should know the concepts and features regarding this important process, along with this data scientists should also be able to recognize their dependent label or variable. The process of Data Munging is also called as Data Wrangling.

Finally, the tool box. One shouldn’t take this lightly, as it is quite crucial and comes in handy at all times. A data scientist should possess hands-on good knowledge on the tools such as Python and R along with Spark, Tableau, and MS Excel. They should also have knowledge of high-speed tools such as Hadoop.