Importance of Learning Data Science

Published on: 27 May 2021 Last Updated on: 05 March 2022

Data science is a perfect blend of algorithms, tools, and machine learning principles to find different hidden patterns from the raw data. It encompasses the exploratory analysis from it and uses various machine learning algorithms to accurately predict the future.

A data scientist perceives data from different angles to ensure they know the data’s ins and outs; some are not known earlier. All the ideas in science-fiction movies of Hollywood can turn into reality by data science.

Lately, data science has become a tool to make a prediction about the future, making use of predictive casual analytics, machine learning, and prescriptive analytics (Predictive and decision science).

Data science is related to big data, machine learning, and data mining. It applies knowledge and actionable insights from data across a broad range of application domains.

What Is Data Science?

Data science is also known as a concept to unify data analytics, statistics, informatics, and their related methods to analyze and understand actual phenomena with data. It uses tools, techniques, and theories taken from several fields such as statistics, mathematics, information science, domain knowledge, and computer science.

So if someone wants to learn data science, he needs to take a specially designed Data Science course and start a promising career in this domain. This article is all about learning data science and the benefits of taking a data science course.

Why Learn Data Science?

Data science has been hailed as one of the most exciting jobs of the 21st century. Here are some of the reasons that make data science important and highly paid professionals.

A Fuel of the 21st Century:

In the 21st century, the industry is driving through a force called Data. Several industries, including automobile industries, are using data to improve their business. Data science is also called the electricity that powers the industries today.

They need data to improve their productivity, make their business grow, and offer the best products to their customers. Data scientists make valuable sense of data with their tools in order to make profound decisions. They also use high-performing computing to solve complex data problems.

Huge Demand And less Supply:

There is a huge abundance of data, but there are no proper resources to convert this data into useful products. There is a lack of skilled professionals who help companies utilize the potential that data holds.

We can say that there is a lack of data literacy in the market in order to fill this gap in supply. So it’s worth learning data science in its high-demanding time.

A Lucrative Career:

According to Glassdoor, a data scientist can earn more than the national average salary, where the average salary for a Data Scientist is $117,345/yr, and the national average salary is $44,456 yearly. So this makes data science a highly lucrative career choice.

The absence of data scientists is resulting in a double increase in income. So learning data science is beneficial, and a data scientist can enjoy the position of prestige in the company.

Benefits of a Data Science Career-

Today, so many professionals want to become data scientists, so it’s necessary to take a proper certification course in this domain to help them start their careers. Below mentioned are some of the advantages of starting a data science career.

1. Data Science is Versatile:

Data Science is a versatile field where numerous applications are available. Data science is vastly used in the sectors such as banking, healthcare, consultancy services, and e-commerce industries. So it offers a huge set of opportunities to work in various fields.

2. Makes Data Better:

All companies need skilled data scientists to analyze and process their data. They also want to improve their quality; here, data science improves the process in which how we perceive and understand the data.

3. Data Science Makes Products Smarter:

For customer satisfaction, Data science includes the usage of Machine Learning that helps companies create better products. For example, eCommerce websites use analytics to have insight into their customers’ needs based on previous purchases through recommendation systems. It helps computers to understand human behavior and make data-driven decisions.

4. Data Science Makes you A Better professional:

Data science provides you a great career and helps you create your better version via personal growth. It offers you a problem-solving attitude and a bridge role between IT and Management. So you can enjoy the best of both worlds.

5. Prestigious career and Highly Paid Job:

Data Scientists allow companies to make smarter decisions and provide better results to their clients. It makes them achieve an important and prestigious position in the company.

Due to their prestigious values and roles, data scientists can earn higher than other job roles. Nowadays, data science is considered one of the most highly-paid jobs as they can earn an average of $116,100 per year, which is quite an attractive salary for anyone.

Wrap Up:

Data science is a field with many lucrative advantages. However, it has its own flaws, considering how vast this field can be and its cross-disciplinary nature. But the benefits of data science can make you take this up as your future career. So are you ready to take a data science course to make your career bright and find your niche?

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How To Write A 2-Week Notice Letter? – Step-by-Step Method

A 2 week notice letter is a resignation notice that you offer your employer to leave your job professionally. Basically, most companies allow their employees to serve a two-week notice period before they leave their jobs. In some cases, it might extend to four weeks. Within this time, you offer your employer to find a suitable replacement. In this article, you will learn about the importance of a 2 week notice letter. Apart from that, you will also learn how to write and submit this letter to your employer. Moreover, this article will guide you on what to include in that letter. Hence, to learn more, read on to the end of the article. What Is A 2 Week Notice Letter? Before you leave your job, you must offer your employer advance notice that you are about to leave. Generally, this notice can be issued for either two weeks or a month. You can also ask for future references once you maintain professionalism and serve the notice period. If you leave your job, you must understand the necessity of offering a resignation letter to your employer. Hence, you must write a courteous and professional letter that leaves a good impression about you. Moreover, once you offer your 2 week notice letter to your employer, you are giving time to your employer to find a suitable replacement. Meanwhile, your employer can also consider training another staff member who will take up your responsibilities. In most cases, this process is a professional courtesy. However, in other cases, you must offer the 2 week notice letter if you want to resign from the position formally. For instance, serving a two-week notice period in many employment terms is a compulsion. This ensures that the resignation process is formal. On the other hand, some employers might allow you to use your vacation days as your notice period. Then, you can leave immediately. Apart from that, if you serve your two-week notice, you get the time to complete your work obligations. This way, you also offer your employer the chance to hire a replacement for your position. Factors To Consider Before You Write A 2 Week Notice Letter The following are the major factors you must consider before you write a 2 week notice letter to your employer: 1. Manage Your Resignation Professionally If you offer immediate resignation, you must include valid reasons like health problems, relocation, etc. In this case, make sure to manage this resignation professionally. This will help you preserve future relations and get job references. Hence, you must understand how to quit a job professionally and gracefully. 2. Review And Seek Guidance Sometimes, you might not have the time to serve your notice period. Hence, in such cases, before you submit your resignation notice, consult with your HR, review your contract, seek guidance, or inform your employer directly. This will help you better understand what you need to do in the given situation. 3. Ensure Professionalism As you type a resignation letter, use professionalism in your language. Also, if you are offering a resignation in person, state your reasons respectfully. Moreover, you must also take steps to address your concerns, express gratitude, and ensure accuracy. Write A 2 Week Notice Letter: Step-by-Step Method The following are the steps you must follow if you want to write a good 2 week notice letter to your employer: 📜Address Ensure the letter contains the date, company name, and your manager’s name. Here, the person you are addressing can change. Generally, in most cases, this will be your supervisor. 📜 Resignation Reasons Try to make your resignation short and compact. However, make sure to mention valid reasons as well. For instance, in the opening lines of your letter, state you are informing your employer that you will resign in two weeks. Moreover, make sure to include and specifically mention when you will work your last with the current organization. 📜 Express Gratitude In the middle portions of your letter, thank your employer for the opportunities. Also, offer a thanks for all the experiences. Here, you also need to add the reason for your departure. Here, consider explaining those reasons in brief. 📜 Mention the Next Steps to Your Employer When you close your letter, inform your employer that you are willing to perform the necessary duties and comply with the organization’s conventions. Also, offer help to assist in the transition process. 📜 End Your Letter Professionally You must conclude your 2 weeks notice letter formally. For instance, you can use words like “Sincerely,” and sign your name accordingly. Apart from that, do not forget to mention your current position and your employee number. What to Do When You Cannot Submit a 2 Week Notice Letter? You might face a situation where you must resign immediately without serving your notice period. Hence, in such situations, you must consider following the process so that it does not cause a lot of inconvenience or conflict. This is because maintaining cordial relationships with your employer is important. This will help you get better references in the future. For example, you might need a reference letter from your employer to rejoin the company. The following are the factors you must consider if you want to leave without submitting a 2 week notice letter: 1. Read Your Work Terms/Contract According to Indeed.com, Many employers include the statutory minimum notice period they expect from resigning employees in their work contracts. In normal circumstances, it is a professional courtesy to inform the employer of your intention to leave one to three months in advance and give them the notice in writing. Hence, you must read your work contract properly. This way, you can find essential information about your notice period. Also, you can find out whether there are some clauses to leave immediately or not. Moreover, read the clauses that talk about working with industry competitors. Furthermore, in some cases, certain employers will require you to wait for some time before you start working with a competitor. Hence, you must know about these in detail. 2. Talk to Your HR Manager Your HR manager knows a lot about the work policies and terms. Hence, the best option is to ask them what you can do if you cannot serve the notice period for your employer. This way, the HR manager will guide you and offer you a way out. Also, clarify to your HR manager that the matter is confidential and that you want to inform your employer yourself. Hence, HR will guide you in such situations with the best options if you want to leave immediately. Related: Utah PEO: Your Partner In HR Excellence 3. Talk To Your Employer One of the ways to approach your employer is to talk directly. Just go to them by requesting a meeting and inform them of your situation. Here, explain your reasons in detail and offer reasons why you need to leave this job immediately. In this case, keep an honest and professional approach. Basically, you must make them understand that your only option is to resign from the job immediately in this circumstance. Also, be willing to complete your pending tasks before you leave. 4. Get Advice from Your New Employer You must also discuss the situation with your new employer by telling them the repercussions of not serving the notice period. For instance, if they want you to join their organization immediately, ask them to write you a letter stating this. Then, you can forward this letter to your current employer. As a result, this will act as a better situation where you can resign from your job without a big issue. Create Your 2 Week Notice Letter Now If you want to create a 2 week notice letter, follow the instructions in the above section. However, if you cannot serve the notice period, make sure to talk to your employer and HR in person. This way, you can resolve the situation faster. Do you have more suggestions about how to write a 2 week notice letter? Please share your ideas and opinions in the comments section below. Read Also: Top 5 Benefits Employees And Employers Get from Workers Compensation In Demand Jobs 2024: 11 Roles That Are Skyrocketing In The Job Market Career Development Plan: What Is It And How To Create One?

How Many Jobs Are Available In Major Pharmaceuticals?

If you want to know how many jobs are available in major pharmaceuticals, the answer is many. majoring in pharmaceuticals is a good career path for medical students. Making medicines to treat and cure diseases is a necessity for survival Why the field of pharmaceuticals is one of the most important in the world. Getting a job in this sector means that you will be able to help humanity combat the reasons for death. You will be able to create drastic changes in people's lives and help them lead happier lives. It’s a prestigious opportunity that a medical student should never miss out on. But how great is it for you to make a career in this field? Let’s find out! How Many Jobs Are Available In Major Pharmaceuticals? If you ask how many jobs are available in major pharmaceuticals, then there are many jobs available in this sector. Some of the highest-paying major pharmaceutical jobs in this sector are: 1. Pharmacologist Average Annual Salary (USA): $83,000 The job of a pharmacologist is to create new medicines for people. Without new medicines to combat the effects of various diseases, many lives will be lost. Therefore, creating new medicines is a must for the pharmaceuticals department. However, being a pharmacologist requires you to achieve a high-level degree and a lot of experience too. Therefore, it takes work being a pharmacologist. You also need to do a lot of research. It’s not easy, but the opportunities and pay are great. 2. Clinical Research Manager Average Annual Salary (USA): $92,000 Clinical research is one of the most important tasks in the pharmaceutical industry. Working in tandem with pharmacologists, the job of a clinical research manager is to oversee various clinical research processes. As a clinical research manager, you must ensure that the research program goes as smoothly as possible. Like the job above, you need a high-level medical degree and in-depth knowledge of the research being conducted. In addition, you need to oversee a lot of work and get paid handsomely for that. 3. Medical Writer Average Annual Salary (USA): $100,000 Writing about various developments in the field of pharmaceuticals is an important task. Doing so will further enhance and progress the research processes of various pharmaceutical firms. Therefore, the job of a medical writer is to write about every major development made in pharmaceutical research. To get this job, you need a high-level medical degree and a vast knowledge of pharmaceutical research. In addition, you need to be good with your language of choice since you need to be a good writer as well. 4. Clinical Research Coordinator Average Annual Salary (US): $55,000 As a clinical research coordinator, your job is to manage the various daily requirements of ongoing research. Therefore, you will not directly take part in the study a little. However, you need to have proper knowledge of the research being conducted so that you can manage it better. While lower in position than a Clinical Research Manager, your task is to ensure that all daily research gets recorded. In addition, you need to ensure that proper communication is set up between all the departments involved in research. Also, you have to report all daily findings to the Clinical Research Manager. 5. Clinical Research Associate Average Annual Salary (US): $60,000 Your job as a clinical research associate is to assist more experienced pharmaceutical researchers. You will be helping them with all their research work. Therefore, this job is more of an entry-level job as a research assistant. This will be a very good job for you after you complete your post-graduate studies. You will see that many clinical research associates are just bachelor's degree holders. Here, you will be required to take part in clinical trials. 6. Drug Safety Scientist Average Annual Salary (US): $100,000 Sometimes, drugs can have various side effects on humans after we consume them. Even if they are made for treating diseases, they can lead to various detrimental side effects if precautions remain unseen. Therefore, a drug safety scientist is required to ensure that the effects of drugs in production are safe. Working alongside a pharmacoepidemiologist, you oversee the side effects of various medicines and figure out their causes. Click Here To Read More: How Many Jobs Are Available In Industrial Machinery/Components? 7. Microbiologist Average Annual Salary (US): $55,000 Bacteria and other forms of microorganisms are some of the leading causes of various diseases in us humans. Therefore, researching these microorganisms as a microbiologist is important in modern pharmaceutical studies. This is because having more knowledge of them will make it easier for medical researchers and pharmacologists to create antibiotics. In addition, having more antibiotics of various kinds will make it easier for us to stay safe from microbial diseases. 8. Quality Assurance Technician Average Annual Salary (US): $38,000 As a quality assurance manager, you must ensure that all the medicines are manufactured without any defects. This is an essential job since defective medicines can do more harm than good to people consuming them. Therefore, a quality assurance manager is a pretty important post in the field of pharmaceuticals. Here, you will be tasked with overseeing the manufacturing process of medicines to ensure that no defects can take place. This is another entry-level job that you can apply for after graduation. Have a look at what companies are in the consumer services field if you are interested in this job. 9. Toxicologist Average Annual Salary (US): $75,000 Understanding what causes various diseases in humans is a very important task. If you do not understand what causes diseases, how will you make medicines to treat their effects? As a toxicologist, you will be researching various samples from patients. This includes blood samples, tissue samples, and various other samples. Finding out the root cause of diseases is the essential first step to creating medicines to prevent and treat them. 10. Pharmacoepidemiologist Average Annual Salary (US): $78,000 While it's important to do research to create various medicines for the population, its after-effects can vary. Some drugs can perform well in the market, being effective in the treatment of various diseases. However, many new drugs have been known to cause a lot of health issues and side effects. Therefore, to measure the efficacy of new medicine in the market, a pharmacoepidemiologist must record its effects on people. Their job is to identify various side effects and report them to firms that have created those medicines. If you are interested in this job, read this post related to whether is marine transportation a good career path? Frequently Asked Questions (FAQs): The answers to various questions related to how many jobs are available in major pharmaceuticals are: Q1. How Many People Are In The Pharmaceutical Industry? Currently, more than 4 million people are working in major pharmaceuticals. Out of this, 50,000 are from the USA alone. Q2. What Is The Pharma Capital Of The World? Many consider Hyderabad, India, to be the pharma capital of the world. This is because many pharmaceutical companies exist in the city, especially various production and research centers. Q3. What Is The Biggest Challenge Facing The Pharmaceutical Industry Today? Due to the Covid pandemic slowing down production, a declining supply chain is one of the major issues plaguing the major pharmaceuticals industry. Q4. How Big Is The Major Pharmaceuticals Industry? Currently, the major pharmaceutical industry in the US is worth $430 billion. Out of this, $305 billion is generated from domestic sources. Conclusion! If you wish to build your career as a medical student, the major pharmaceutical industry will be a great choice. This is the reason why you should know how many jobs are available in major pharmaceuticals. There are many jobs in major pharmaceuticals, most of which are pretty high partying also. This includes various positions like that of a pharmacologist, clinical research manager, toxicologist, pharmacoepidemiologist, and lots more.To learn about job opportunities in various fields, leave a comment below about which industry you would like to know about next. Also, remember to check the other posts here at Content Rally! Read Also: Best Paying Jobs In Property – Casualty Insurers How Many Jobs Are Available In Property-Casualty Insurers? How Many Jobs Are Available In Telecommunications Equipment?

Locum Story: Long-Term Strategic Partners in Healthcare

This job of Locum Tenens was initiated as a makeshift policy to meet temporary doctor and staffing shortages. Slowly, career opportunities emerged as one of the medical professional's top career choices. In this article, we bring into the discussion table the demand for locums and the expectations of new job seekers in the next few years. Locum Tenens: How Common Is It? Locum tenens is, without doubt, a fast-growing segment in the healthcare industry. However, many of the largest facilities and practices in the USA have leveraged the efficacy of locum job placement. They incorporate these positions into their staffing models. Although the concept of the modern locum tenens dates back to the early 1970s, since there is no turning back, the sector is managing a dream run of growth. About 7% of physicians in the US have associated themselves with the locum tenens position within the last year. Moreover, almost 85% of facilities are integrating temporary service providers. In the last decade, the number of locum tenens doctors has sharply increased. The rate of increase is massive( 90%). Hence, you can understand how common it is the concept of employment in the US medical sector. The Future of Locum Tenens Since the COVID-19 pandemic, the move towards gig work and contracting has grossly affected the entire healthcare industry. Moreover, spending on locum tenens increased drastically by 28% in the year 2021. Almost 60% of healthcare funds go towards inducting self-employed practitioners. The Association of American Medical Colleges conjectures that the shortfall of healthcare professionals will approach 140,000 by 2033. The situation brings with it waves of concerns for the vulnerable aging population and also the medical workforce. The locum tenens positions address the shortfall, as well as providing patients with healthcare requirements. Why Are Locum Tenens Jobs in Demand? Recent data exposes some of the most concerning and surprising trends among physicians. They include those who are looking for contract-based positions. Furthermore, the reports also bring to the forefront the reasons behind healthcare professionals' preference towards short-term placements. According to a survey, 60% of the respondents opine that they are looking for new positions. Moreover, nearly 25% of physicians under the age group of 40 opine that they are avoiding long-term or permanent positions due to burnout. Moreover, after the pandemic, the healthcare sector faced an enduring staffing shortage. Consequently, stakeholders feel pressure from within. Under such serious circumstances, the locum tenens has emerged as a viable alternative for physicians and other healthcare professionals who want to be engaged in the workforce but on their terms. Work-life balance Locum tenens offers a degree of flexibility not found in full-time healthcare positions. Temporary placements allow physicians to experience a range of environments and demographics while setting schedules that work for them. Everyone knows that the present world of professionalism is grappling with issues like work-life balance and increasing stress. Organizational management, especially in the medical field, is looking to work on coping with immense pressure. Locus tenens provides an advantage. Professionals who aim to attain work-life balance are looking for locums job placement. Better pay Competitive pay is another driver of locum tenens growth. Moreover, the temporary healthcare positions may culminate in the form of 50% more payment compared to the comparable full-time placements. As a result, it allows the healthcare profession to earn more money while working with flexibility. Temporary employees are responsible for health insurance and retirement planning, which can erode some of those profits. These are a few reasons attributed to the increasing popularity of locum tenens positions in the healthcare industry. With a more equitable work-life balance, better pay, and, most importantly, less stress, it brings multiple benefits. Hence, it becomes easy to say why so many doctors are entering the locum tenens position. A Hassle-Free Career One key benefit of the locum tenens job is a hassle-free career. When professionals have this job, there are zero teaching and administrative responsibilities. Furthermore, there are zero coding and billing hassles or, say, staff management issues. Experts say that the care providers who embrace this approach reap the benefits. Here, the professionals get much better flexibility from the hospitals. As a result, the job becomes much more stressful and hassle-free. Freedom To Travel The locum tenens are best known for their freedom of travel. This recruitment approach allows doctors to engage in multiple healthcare bodies, and that too in different places. If you can visit multiple places and seek new career opportunities, you have flexibility and freedom. This is, without question, one of the prime benefits that healthcare professionals get. Pre Retirement planning One of the benefits linked to locum tenens is pre-retirement planning. Some doctors have retired from their full-time jobs but still want to engage in practice. This approach to service best suits these professionals. These professionals are looking to finish their medical careers with locum work. Many seasoned medical professionals have retired from full-time engagements. They suggest that they have made the right decision by engaging in part-time jobs at different care units. They say that the flexibility of the work structure provides them with the edge. Read More: Healthcare Jobs That Will Be Most in Demand 2020–2025 Managing the Debts Another core benefit of locum tenens is working with new doctors. The respectable earnings from the job help one manage debt while studying in medical school. Even the National Association of Tenens Organization(NALTO) says that an individual can get two ways to manage their student loans. They think that the students are using different ways to pay back their along with the flexibility that they are getting from the hospitals. Working in the locum tenens allows them to provide coverage for weekends or months. The opportunities are quite enticing. Change Will Keep Coming—Are You Ready For It? Locum Tenens has grown into a nationwide, multibillion-dollar industry used by nearly 90% of America's healthcare facilities. In every state, thousands of providers accept temporary placements every year, ensuring that people in underserved communities get the medical care they need. Though locum tenens has a short history compared to that of other industries, it offers a reliable, sustainable staffing solution in areas lacking access to healthcare. With locum tenens, we can build a healthier, safer society. If you're considering a career change, accepting a temporary position may be just the push you need. Read Also: How To Become A Nurse Anesthetist? Step-by-step Guide For 2024 Navigating Healthcare: Exploring The Harvest Tech Achievers ETF Seven Stages To Creating A Patient-Friendly Healthcare App

Importance of Learning Data Science

What Is Data Science?