By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Active NoonActive Noon
  • Home
  • Business
    • Finance
    • Marketing
  • Education
    • Careers
    • Certifications
    • Data Science
  • Entertainment
  • News
    • Politics
  • Sports
  • Technology
    • Machine Learning
    • Game
    • Social Media
  • World
  • Contact us
Reading: Data Scientists and the Investment Bankers: What’s the Connection?
Share
Notification Show More
Latest News
Top 10 Most Popular South Indian Actors in 2023
Top 10 Most Popular South Indian Actors in 2023
Featured Lifestyle
Top 10 Most Beautiful South Indian Actresses in 2023
Top 10 Most Beautiful South Indian Actresses in 2023
Featured Lifestyle
How DeFi Token Improves Your Business Profitability?
How DeFi Token Improves Your Business Profitability?
Business
Roblox Rollercoaster Tycoon: Design the Ultimate Ride Game
Roblox Rollercoaster Tycoon: Design the Ultimate Ride Game
Game Technology
Minecraft in the Classroom: How it's Helping Students Learn
Minecraft in the Classroom: How it’s Helping Students Learn
Education Lifestyle
Aa
Active NoonActive Noon
Aa
  • Politics
  • Business
  • Technology
  • Home
  • Business
    • Finance
    • Marketing
  • Education
    • Careers
    • Certifications
    • Data Science
  • Entertainment
  • News
    • Politics
  • Sports
  • Technology
    • Machine Learning
    • Game
    • Social Media
  • World
  • Contact us
Have an existing account? Sign In
Follow US
  • Contact
  • Blog
  • Complaint
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Active Noon > Blog > Business > Data Scientists and the Investment Bankers: What’s the Connection?
BusinessData ScienceWorld

Data Scientists and the Investment Bankers: What’s the Connection?

admin
Last updated: 2022/12/19 at 1:08 PM
admin 2 years ago
Share
Data Scientists and the Investment Bankers: What’s the connection?
Data Scientists and the Investment Bankers: What’s the connection?
SHARE

Young graduates with business studies as their background are entering into banking. In addition, the industry experts have been witnessing a movement from one profession to another in the millennials especially.

While there was a time when young graduates wanted to become a banking professional, however, things have changed and now the youth want to enter the field of data science.

It is not to say that the popularity of investment banking industry has dipped, it is just that data science has become equally popular if not more amid the youngsters.

Apparently there are lots of similarities between data scientist and a banking professional. Let’s have a look what are those?

  1. Both investment banking professional and data scientist are competent in various fields
  2. While a data scientist uses a blend of statistics, coding, and business acumen. They solve problems through data modeling and then presenting the results to decision makers. Investment bankers generate ideas for ‘investment’, using financial models to support those ideas and then pitch those ideas to their clients.
  1. In data science, the data is usually copyrighted and the tools with which data scientist extract information include python and other related packages for visualization, analysis, and machine learning. Whereas an investment banking professional uses paid data sources like Reuters, Capital IQ, and Bloomberg. And the tools include SAS, excel, and macros for automation.
  2. Both involve the process of extracting, cleaning, modeling, and analyzing data and then presenting the results to their respective audiences.

The investment banking industry is less technical as compared to data science industry. However, it is predicted that even data science industry will become business oriented in the coming years.

The investment banking certification will also smoothen your transition from one role to another despite the fact that both data scientist and investment banking industry have similarities yet differences.

Interestingly, for the business graduates with no knowledge of coding are easily assimilated into the role of a data scientist professional.

You Might Also Like

How DeFi Token Improves Your Business Profitability?

Biometric Screening – Restricting Spoofing Attacks in Organizations

List Of Electric Material Handling Products For All Warehousing Needs

Amazon To Launch Air Cargo Service In India Amid Cost Cutting In Operations

How To Be A Game-Changing Leader: A Guide For The Business And Technology Revolution

TAGGED: Data Scientist
admin March 26, 2021
Share this Article
Facebook Twitter Email Copy Link Print
Previous Article Blockchain And Machine Learning Blockchain And Machine Learning: How These Technologies Are Transforming Industries
Next Article How Artificial Intelligence Will Impact the Investment Banking Industry! How Artificial Intelligence Will Impact the Investment Banking Industry!
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Facebook Like
Twitter Follow
Pinterest Pin
Instagram Follow

Latest News

Top 10 Most Popular South Indian Actors in 2023
Top 10 Most Popular South Indian Actors in 2023
Featured Lifestyle
Top 10 Most Beautiful South Indian Actresses in 2023
Top 10 Most Beautiful South Indian Actresses in 2023
Featured Lifestyle
How DeFi Token Improves Your Business Profitability?
How DeFi Token Improves Your Business Profitability?
Business
Roblox Rollercoaster Tycoon: Design the Ultimate Ride Game
Roblox Rollercoaster Tycoon: Design the Ultimate Ride Game
Game Technology
Subscribe to Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Active NoonActive Noon
Follow US

© Active Noon Media Company. All Rights Reserved.

  • About Us
  • Contact Us
  • Editorial Policy
  • Privacy Policy
  • Terms And Conditions
  • Use Of Cookies

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?