Careers
February 23, 2021 2024-10-07 17:29Careers
Job Prospect
With the comprehensive curriculum and professional guidance, graduates of MDASC would master the essential skills to perform tasks as a Data Scientist or related positions upon graduation. They would therefore be of huge demand by employers across public and private sectors. Evidences include:
McKinsey's Forecast: Millions Needed in Data Analytics
The McKinsey Global Institute forecasted that the United States might encounter a deficit of between 190,000 and 1.5 million individuals possessing advanced analytical abilities and 1.5 million professionals in the field of big data analysis.
Smart City Initiatives: Opportunities for Data Experts
Big businesses in China, e.g. Baidu, Alibaba, Tencent, and the Chinese government's 180 smart city initiatives, are constantly on the lookout for talents to help them dissect and understand their data infrastructure in order to propel them into growth.
Market Insights / Market updates
A promising employment outlook and lucrative opportunities land the up-and-coming profession Data Scientists at No.1 in its second year appearing on the Jobs Rated report."
"The high demand for data scientists and statisticians comes from a growing emphasis on collecting and evaluating massive quantities of data. The opportunities for professionals trained in these fields are tremendous, as the IT sector, healthcare, business - and any sector that collects consumer information can put these numbers to use.
Data science is a relatively new field, which promises to revolutionize industries from business to government, health care to academia. A growing number of universities offer data science degree programs.
The new field of data science has company near the top of the 2016 Best Jobs report. Information Security Analyst, another newly added career to the report, ranks No. 3. With an increasing number of data breaches and hacking attempts affecting companies and governments around the globe, there's a greater need to for information security analysts to keep personal and top-secret information safe from cyber-attacks. The Bureau of Labor Statistics recommends a Bachelor's degree, if not a postgraduate MBA, for those interested in this burgeoning profession.
Extract from the 2016 annual jobs related report
CareerCast.com
According to recruitment and HR firm Randstad*, data scientist and in particular data analysts are among the top 10 most in-demand tech jobs in Hong Kong. Fintech, IT solutions providers, retailers, telecoms companies and those in the commercial space have high demand for these talents.
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More firms are expected to need people who can analyse data for a variety of projects, from sales to product usage and supply chain.
Randstad noted, "We are starting to see a spike in demand for data scientists, data analysts, as well as data engineers writing the tools used by the analysts and scientists to gather and analyse data. They are generally expected to have a strong foundation in computer science and applications, modeling, statistics, analytics, and math." //
Here are the 10 most in-demand tech jobs in Hong Kong
Hong Kong Business
In the age of big data, understanding the enormous amounts of information that firms collect is vital. A data engineer builds and maintains the infrastructure for data generation, storage, and analysis, while data analysts interpret this data to provide actionable insights. Data analysts are essential professionals who collect and analyse information to develop reports and drive improvement strategies.
Data science is a crucial area of expertise in the tech industry, encompassing data pipeline design, data modelling, machine learning algorithms, and visualisation tools for effective communication.
Data scientists, as analytical experts, leverage data science techniques to extract insights from both structured and unstructured data, fulfilling business objectives and illustrating the growing demand for professionals skilled in this field.