Big Data Specialist: Make Millions with Analytics

Big Data Specialist: Make Millions with Analytics

| Business

Today we are discussing the profession of big data specialists. Looking at their job responsibilities and salaries, which will surprise even the most experienced managers.

At the end of this material, you will find a quiz together with case studies to assess your readiness to become a data specialist. After completing it, we will recommend several free courses to improve your skills in this professional area.

A data specialist is a big data analyst. A data scientist is a big data specialist, often in charge of code. What about a Data Processing Specialist? Exactly the same? Yes, there are many names for virtually the same job. The responsibilities of a data scientist can vary from company to company since Russia has not yet developed a culture of hiring these kinds of professionals. However, the need for data-savvy people is increasing monthly, so we expect this kind of culture to establish very soon. Therefore, today we are talking about one of the major professions of the future - the data specialist.

What are the responsibilities of a data specialist?

Analysing a large amount of data, of course! It is not simply about a couple of document tables but about 500-1000 rows of information in 10 columns. They check the information, search for it, analyse it, draw conclusions, and make decisions. They have to be able to work with automated data archives because it is impossible to gather all the information they need themselves (at least for a brief time.) This specialist brings together many skills, from (which is logical) an analyst to a marketer, project manager, and even a programmer.

What exactly can a data scientist do?

  • Visualise data.

  • Assess data and models built based upon them (often financial.)

  • Searches for hidden patterns while studying information.

  • Data cleansing and searching for additional large sources of information.

  • Implement new infrastructure solutions.

  • Develop decisions that are based on the results of analytics.

  • Creates reports and forecasts.

  • Helps marketers with analysis of any user actions.

  • Assess potential customers and identify their hidden needs.

  • Supply chain management.

  • Find potential errors and takes measures to eliminate them.

  • Consults managers based on the data received.

How much does a data scientist earn?

The average salary for a data specialist in Russia starts from 100 thousand roubles. That is in the worst-case scenario! Interns can earn 70 thousand roubles at the start of their career, and junior specialists - 100-120 thousand. Professionals at a "mid" level receive 150-170 thousand roubles, and seniors - 250-300. Of course, the amounts differ from industry to industry; in some cases, seniors are offered 200 thousand and some 500 thousand roubles. Suppose you become the head of a data department. In that case, you can virtually put yourself into a top management category - a particularly important department whose decisions affect the vector of movement for the whole company. Industry-leading managers overwhelmingly earn impressive amounts with many zeros.

Would you like to become a data specialist? Then, take our mini-quiz and find out if you can achieve a starting position in the industry tomorrow!

Arabian Business: Mila Semeshkina Is Among the Top Leaders Changing the Middle East!

The founders and leaders of business projects are powerful and strong-willed people who help our world grow and prosper.

| News

Entrepreneur magazine's pick: Lectera is among the 15 innovative products you should know about in 2024

The Spanish edition of the influential business publication Entrepreneur examined business recovery processes post-COVID-19. It released a list of 15 noteworthy innovative products worth paying attention to in 2024.

| News

An interview with Mila Smart Semeshkina for 150sec. Why traditional education can't keep up with online courses

According to a 2018 survey by the American Gallup Institute, only 1 in 10 graduate students said their education prepared them for practical work.

| News

Mila Smart Semeshkina and Lectera make it to the finals of the international EdTech Awards 2024

This year, there were over 60 nominations at The EdTech Awards | Future Focused For the Win. The online educational platform Lectera, led by its founder and CEO, Mila Smart Semeshkina, is among the winners.

| News

Mila Smart Semeshkina in the 100 Most Influential People in Dubai list

Mila Smart Semeshkina, CEO of the Lectera platform, was for the second time in a row included in Arabian Business’s 100 Most Influential People in Dubai ranking.

| News

According to Forbes columnist Mila Smart Semeshkina, "Startup success is a product of courage and foresight."

The founder and CEO of the Lectera platform, Mila Smart Semeshkina, told in her new article for the Forbes op-ed how to guarantee your startup a successful launch and a stable position in the market.

| News




Mila Smart Semeshkina receives the CEO of the Year at CEO Middle East Awards 2023!

On December 13, the annual Arabian Business’s CEO Middle East Awards ceremony was held in Dubai (UAE).

| News


Mila Smart Semeshkina Leads Inspiring Workshop on Personal Branding at UN Women Entrepreneurship Expo

Mila Semeshkina, CEO of Lectera and founder of the WE Convention, recently spearheaded a hands-on workshop on personal branding at the Women's Entrepreneurship Expo 2023.

| News