Data scientists may be in high demand, but how much do they actually earn? This article will walk you through the various factors that determine how much data scientists make, as well as some benefits and challenges involved in this career path. Keep reading to learn about the realities of being a data scientist!
Who is a Data Scientist?
Data scientists are professionals who use statistical methods, analytics, and data mining to extract insights from data. The advent of big data has created a huge opportunity for qualified data scientists because there is an increasing demand for professionals who can leverage large sets of unstructured and structured information.
How Much Do Data Scientists Earn in Namibia?
Data science is one of the fastest-growing and most lucrative fields in the world. With a data scientist’s salary now surpassing $100,000/year, there are many reasons to consider becoming a data scientist. Aspiring data scientists should know that there are different paths to get into this field and various factors that affect how much you can earn. A person working as a Data Scientist in Namibia typically earns around 29,100 NAD per month. Salaries range from 14,000 NAD (lowest) to 45,800 NAD (highest). This is the average monthly salary including housing, transport, and other benefits.