How to Become a Data Scientist


Shaohua Zhang is the CEO of Toronto-based data and AI training company, WeCloudData. He is a former data science instructor at Toronto Metropolitan University (formerly Ryerson University), and has held positions as Senior Data Scientist, Head of Technology or Chief Data Officer at Rogers, Blackberry, Kik Interactive and Beam Data. Shaohua holds a Master of Engineering, Internetworking and Master of E-Commerce, Data Mining, both from Dalhousie University.
What do you think is the most valuable resource in the world? For companies that are adapting to a changing digital economy and undergoing deep digital transformations, data has become as good as gold.
In fact, tens of zettabytes of data are being produced every year. To put that into context, 1 zettabyte equals 1 billion gigabytes: It would take literally billions of years to download all that data!
Despite companies generating so much data, there still seems to be a shortage of accessible, valuable and actionable information. This has led to demand for professionals who are able to help businesses store, organize and extract meaningful insights from their data.
And this is where data scientists come in.
Data science is an evolving and in-demand field with enormous growth potential. With its rapid growth, booming job prospects, solid compensation and cutting-edge technologies, the Harvard Business Review once declared it the “sexiest job of the 21st Century.” As more companies realize the benefits of employing data scientists, data science roles are becoming more specialized and abundant.
However, the path to becoming a data scientist is not always as straightforward as more traditional roles. For example, nowadays, you don’t necessarily need a degree. Greater importance is being placed by employers on your skills and experience, so understanding how data science can be used to build better data-driven products will be key to landing a job in this field.
In this guide on how to become a data scientist, we will explore emerging career paths, training and certification opportunities, key data science skills, salaries and more to help aspiring data scientists like you find the straightest possible path to career success.
But first, let’s differentiate between two commonly misunderstood terms in data science.
Frequently asked questions
What is the difference between a data scientist and data analyst?
Data science takes raw, unstructured data from myriad sources and creates algorithms, predictive modeling processes, and other custom analyses to shape raw data into understandable insight.
Data analytics uses existing, structured data to identify trends, generate practical insights and answer questions to drive better business strategies.
In other words, data science finds new ways to capture and analyze the data used by analysts. Data analytics, in contrast, makes sense out of existing information.
Data science is, it's worth noting, the more technically complex field. Data analytics doesn’t require the same level of mathematical and programming fluency as data science. As a result, there are fewer barriers to entry into data analytics.How long does it take to become a data scientist?
A committed learner with strong foundational skills − such as mathematics, statistics or computer science − can learn the essential data science skills in as few as 12 weeks. Data science bootcamps offer an intensive path to jump-start your career.
For those who take the formal education route, it will take at least three years to obtain a degree, plus another 1-2 years if you decide to earn a master's degree as well.
While it’s not strictly required, many employers require formal education in some related field, such as math, computer science or business, depending on the role.How much do data scientists make?
Salaries may range even higher depending on the company and your skill and seniority; Canadian banks prize experienced data scientists and offer salaries as high as $160,000, while blue-chip tech firms like Shopify, Microsoft and IBM offer as much as $190,000 for the most qualified candidates.




