Data Science Job Roles, Salary Structure and Course Fees in Malaysia

Data science is a fantastic profession with a tonne of room for future growth. The great demand for skilled workers persists, and the six-figure pay, a long list of benefits, and high job satisfaction levels bear this out. Companies are continually looking for data-savvy candidates who can help them use all this information to create successful data-driven decisions. By 2030, employment in the top 30 fastest expanding professions would increase by 31.4%, predicts the U.S. Bureau of Labor Statistics, keeping data science jobs in that list.

However, what precisely is data science?

Data science, to put it succinctly, is the study and application of data for the creation of new goods and services as well as for commercial decision-making. Additionally, data scientists and data science analysts are in charge of carrying out the process.

The number of doors data science opens for a person is the primary factor that makes it remarkable. Unlike other fields where you could feel like an unintentional outsider and be treated as such if you prowl around other industries. Data science attempts to uncover trends and patterns from large amounts of data that used a range of instruments, algorithms, and machine learning ideas. Data science may be summed up as a combination of mathematics, business acumen, tools, algorithms, and machine learning approaches. All of these aspects work together to assist us to identify hidden patterns or insights in raw data that can be incredibly valuable when making critical business decisions.

Read this Article: Resampling Methods in Machine Learning

Is it a wise professional choice in Malaysia?

The ICT sector in Malaysia is one of the fastest expanding, accounting for 19.1 percent of the country’s GDP in 2019 and predicted to reach 22.6 percent by 2025. According to GlobalData Market Opportunity Forecasts, Malaysian ICT spending would reach $25.2 billion by 2023. Malaysia as a startup hub is an exciting proposition. Malaysia is aiming to become a regional centre for high-performing start-ups, putting it at the forefront of Southeast Asia’s flourishing start-up ecosystem. Malaysia is well-positioned to offer as a base for start-ups seeking to thrive.

Kuala Lumpur and its neighbouring urban regions are Malaysia’s most sophisticated and fastest developing economic region. According to a survey issued by Startup Genome and the Global Entrepreneurship Network, Kuala Lumpur is the ninth most valuable city in the world in terms of ecosystem value, valued at US$16.1 billion. The market for data science in Kuala Lumpur seems to be growing in a pretty good manner.

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How much is the data science salary in Malaysia?

Data science in Malaysia is one of the most coveted job roles that is in high demand and these positions do come with an increasing amount of paycheck. Numerous factors, including degree, experience, field, position, region, and — most importantly of all — the size and makeup of the organisation hiring a data scientist, influence the remuneration packages of data scientists.

A data scientist’s salary in Malaysia is an average of MYR 57,757 a year. A Data Scientist with less than one year of experience can expect to earn an average total salary of RM 43,692. A Data Scientist in their early career with 1-4 years of experience earns an average total salary of RM 57,871. A Data Scientist in their mid-career with 5 years of relevant experience has an average total salary of RM 80,731. An established Data Scientist with 10-19 years of experience earns RM 122,890 on average. (Payscale)

Indeed.com stated that the average salary for a data scientist in Malaysia is MYR 86,806 a year and 6,146 MYR a month.

Accordingly, glassdoor reveals that the salary for a data scientist in Kuala Lumpur is MYR 5,000 per month. The highest salary a month that a data scientist in Malaysia receives is said to be MYR 10,000 per month and the lowest amount is MYR 3,300 per month.

Data science is assuredly a solid job choice. The moment is better than ever to become a data scientist if anything. Today, there is a major shortage of qualified data scientists despite a booming demand for their services. This just serves to demonstrate the enormous potential for you to pursue this highly sought-after career and earn more money than any other area can currently bear.

What are the skills for data science?

Data science’s future depends on the rapid advancements in Machine Learning, Big Data, and Artificial Intelligence. With the help of these cutting-edge fields, professionals may advance their careers with the data-driven skills of the future, giving them an advantage in today’s modern labour market.You must also acquire relevant technical and soft skills, such as programming ability and machine learning understanding. Some important skills in data science are given below;

• Mathematics
• persuasion-based communication
• Communication
• Clarity of business objective
• A Team Player’s Flexibility
• Independent Thinker
• Knowledge of problem solving

What are the job roles in data science?

A new term in the tech industry, data science promises high salaries and rapid job development. Data scientists investigate the sources of information, how data might be used to create interesting narratives, and what those patterns represent for financial results. The increase in big data, Internet of Things (IoT), and cybersecurity activities by businesses, as well as the expansion of data analytics skills by small- and medium-sized businesses, are driving rising demand for data science.

Over time, data science has emerged as a growth engine for a number of industries. It has improved corporate processes and assisted firms in using enormous amounts of data to make better decisions. The enormous demand for the domain and the countless applications make it a very promising career choice and enable career progression outside of traditional professions.

Some of the most pervasive data science job roles in Malaysia are;

• Data Analyst
• Machine Learning Engineer
• Research Scientist
• Data Engineer
• Big Data Engineer
• Business Intelligence Developer
• Statistician
• Data and Analytics Manager
• Database Administrator
• Data Architect
• Business Analyst

Read this Article: Introduction to Implementing Neural Network

Are you seeking a data science career?

Whether you want to acquire a certification from a reputable university, gain experience as a recent graduate, hone vendor-specific abilities, or demonstrate your knowledge of data science, You’re in the right spot!

DataMites is Malaysia’s top provider of data science courses in Malaysia. DataMites Data Science Certification Programmes in Malaysia are an excellent way to learn about data science. You will be given a comprehensive curriculum and will be able to reach your goal in a disciplined manner. The course is often taught by industry specialists and includes high-quality information. Our Data science certifications in Malaysia allow you not just to gain hard-to-find talents in your target field, but also to authenticate your data science knowledge. Our entire curriculum is internationally recognised thanks to IABAC‘s accreditation.

How much are the data science course fees in Malaysia?

The data science training in Malaysia contains hands-on projects that will assist you in developing a portfolio to demonstrate your data science skills to potential employers. In general, the data science course fees in Malaysia range from 1692.19 MYR to 5640.64 MYR. DataMites, on the other hand, offers adaptable data science training in Malaysia. The certification curriculum is completely formulated as an online data science course in Malaysia through DataMites on a flexible schedule and typically takes seven months to complete, though you can take more or less time if you want. The course includes hands-on projects to assist you in developing a portfolio to demonstrate your data science talents to potential employers.

The Data Science Foundation Course in Malaysia, as the name suggests, provides comprehensive information on the fundamentals and guiding principles of data science, enabling you to understand data science tools and procedures and become an expert in the field. The online data science foundation training costs MYR 1297.35, with a discount of 1000.93 MYR.

To gain data science skills, enrol in the “Certified Data Science” course for beginners. It is a high-level data science idea that aims to create basic principles for all elements of data science. The Online Certified Data Scientist Course in Malaysia at Datamites costs MYR 7,720 but with the discount offer, you can enrol for MYR 5,169.

Conclusion

Our digital presence has grown over time. You might not be aware of it, but you are nevertheless surrounded by enormous volumes of data. Because there is so much data available now, data science is a highly sought-after vocation and it could be your area of specialization.

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