19 Data Science Consulting Companies Hiring Now (2024)

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Marta Teneva Marta Teneva 6 Aug 2024 9 min read

What makes data science consulting companies appealing to work for? Data science consulting companies are a hot choice if you are currently taking data science courses and you’re considering a career in the field. They offer numerous development opportunities, access to the latest technologies, and provide data-based solutions for top-notch companies across the globe.

Furthermore, on top of generous salaries, they seem to have tons of cool perks - from unlimited vacation days and free meals to hair salons and masseuses on site. This doesn’t make your choice any simpler, though. With so many industries and companies out there, it’s hard to keep track of who-offers-what-and-where.

That’s why we decided to step in and help you figure out which data science consulting companies provide the best overall employee experience in 2024.

We based our research on KDNuggets’ list of data science consulting companies. Then we cross-referenced it with LinkedIn latest job offers and feedback from the companies’ existing workforce on Glassdoor. In addition, a focus group of friends and 365 students working at consulting companies in AI and Analytics helped us enrich our data with their experience.

So, here are 18 cream-of-the-crop data science consultancies around the world. (Bonus points:  some of these rank high up on Glassdoor’s 100 Best Places to Work in 2024 list.)

18 Data Science Consulting Firms Hiring Now – Table of Contents

How to navigate this article? For each company there is summarized information about:

  • business expertise;
  • office locations;
  • benefits and perks;
  • reviews from current employees.

On a side note, although the order of the top data science consulting firms is loosely in line with Glassdoor’s list, this shouldn’t be the main point that will tip the scales of your decision. Make sure you go through all the companies providing data science consulting services and apply your own critical thinking in the process. After all, you are the one who knows best what to look for in a future employer.

Let’s get started.

1. Bain Advanced Analytics Group/Bain & Company

bain company career page

What They Do: 

Currently #1 in Glassdoor’s ranking. Bain and Company’s advanced analytics and data science experts combine cutting-edge techniques with the latest tools to ensure breakthrough results. They work across all industries. However, they focus on three disciplines—primary research, advanced analytics, and Big Data. Their ideal candidates must thrive in a fast-paced environment and be able to work independently. Maybe you are willing to collaborate with people at all levels. Or you like collaborating with multi-office teams at various company locations. Either way, Bain is a great choice for your career.

Where Are They Hiring? 

The company’s headquarters are in Boston. In addition, Bain has offices in 65 global cities in 40 countries around the world.

Benefits and Coolest Perks: 

Bain is said to offer amazing health insurance. It also provides relocation or housing allowance before starting at the company. Furthermore, there are yearly performance-based bonuses, a profit-sharing program, and incredible credit card perks. Not to mention the unlimited sick days. Hard to skip submitting your resume there, right?

Review from an Insider: 

“Huge focus on people, sustainability and their development. On top of that, there's amazing work and super talented that teams make the job worth it.”

2. BCG Gamma

BCG company career page

What They Do: 

Currently #91 in Glassdoor’s ranking. The Boston Consulting Group (BCG) is a global management consulting firm. It is one of the leaders in business strategy advice, both in the private and the public sector. BCG Gamma crafts and implements fully customized, end-to-end, advanced analytic and AI solutions for its clients. Technology jobs and engineering jobs at the company feature design of IT architectures, software engineering, cybersecurity consulting, and risk management. So, if you are interested in building innovative data products, you can put BCG on your list of potential employers.

Where Are They Hiring? 

BCG has offices in more than 90 cities in 50 countries. So, chances are high that there’s one in your country, too.

Benefits and Coolest Perks: 

BCG covers medical, dental, and vision at 100% for you and your family members. There are generous parental leaves and flexible work options. That makes it a great place to work if you are starting a family. There’s also a $300 fitness reimbursement per year. Plus, most offices have free drinks, free snacks, and Friday lunches.

Review from an Insider: 

“I'm working with wonderful, smart people. Besides, work-life balance is great. And health benefits are second to none.”

3. Innowise

What They Do: 

With over 17 years of experience, Innowise specializes in providing data science services and creating innovative software solutions. This data science consulting company focuses on developing tailored tech solutions that streamline processes and enhance customer satisfaction. Their services span from conceptualization to testing, deployment, and support, with expertise in advanced analytics, machine learning, predictive modeling, and big data processing.

Innowise offers access to dedicated professionals committed to client success. This data consulting firm leverages vast industry knowledge to deliver solutions that drive growth and innovation. Their customer-oriented approach positions their relationships as professional and client-focused, ensuring solutions align with unique requirements, timelines, and budgets.

 Innowise aims to help businesses make data-driven decisions and gain valuable insights through their custom software development.

Where Are They Hiring?

Innowise is headquartered in Warsaw, Poland, and has offices in several countries, including the USA, Switzerland, Italy, Lithuania, Ukraine, Georgia, the UK, and France. They serve clients both locally and globally.

Benefits and Coolest Perks: 

Innowise offers comprehensive health insurance, flexible working hours, remote work options, professional development opportunities, and a supportive work environment. Employees benefit from continuous learning, career growth prospects, and various team-building activities. These perks ensure a balanced work-life environment and foster professional excellence at this data science consulting company.

Review from an Insider: 

"Innowise is able to implement new features faster than the internal team would be able to. Their communication is effective and solution-oriented. Overall, the speed with which they deliver quality code is wonderful."

4. Quantum Black/McKinsey

quantum black company career page

What They Do: 

Currently #31 in Glassdoor’s ranking. QuantumBlack is a subsidiary of one of the global leading management consultancies – McKinsey & Company. As such, it works with the world’s most influential organizations. It strives to recruit the brightest data scientists, engineers, and designers to deliver results across Healthcare, Energy, and Finance. QuantumBlack provides unique international development opportunities. Furthermore, it offers first-class learning programs at all levels. So, if you are willing to experiment with new approaches to move forward quickly, this could be the right place to develop your career.

Where Are They Hiring? 

Stockholm, Tokyo, Paris, Madrid, Johannesburg, Riyadh, Casablanca, Chennai. Apart from that, you can find the parent company Mckinsey in more than 130 cities worldwide.

Benefits and Coolest Perks: 

QuantumBlack offers plenty of vacation time and paid paternity leave…And a good training budget, too. Besides, there are many opportunities to travel and attend conferences and vendor training. What is more, employees are eligible for large bonuses and receive excellent compensation. Not to mention that, as part of McKinsey, you might be offered an MBA sponsorship. Talking about development opportunities! Oh, we almost forgot – there’s also free breakfast and lunch.

Review from an Insider: 

 “Outstanding people, interesting work, and fantastic learning opportunities.”

5. Accenture Analytics

accenture company career page

What They Do: 

Accenture Analytics solves its clients' toughest challenges by providing high-quality services in a wide range of areas. For example, strategy, consulting, digital, technology, and operations. The enterprise partners with many of the Fortune Global 500 and has expertise across numerous industries. As a data scientist in the company, you’ll be expected to have hands-on experience with SAS, Python, or R.  Also, a pretty good command of other tools and programming languages such as SQL, C++, VBA, Murex, Calypso, Numerix, etc is required. You’ll have the opportunity to work in a high-energy team and develop creative and breakthrough solutions. So, if that sounds like your cup of tea, go ahead and add Accenture to your future-workplaces list.

Where Are They Hiring? 

The company has more than 400,000 employees in more than 120 countries. That's why, it’s very likely there’s an office in your country, too.

Benefits and Coolest Perks: 

Accenture offers supplemental life insurance, mental health care, and health care on-site. Moreover, perks include company social events, military leave, and sabbatical. The latter is rarely offered, so, way to go!

Review from an Insider: 

“Accenture offers great career opportunities. Also, there's a never-ending supply of interesting work and competitive compensation.”

6. IBM

ibm company career page

What They Do: 

IBM Big Data and Data Platform Consulting Services help clients by making data simpler to access. In addition, they assist companies in understanding and improving data-driven business outcomes. IBM specializes in digital insights and business intelligence. It also offers cognitive solutions for data lakes and analytics-as-a-service. Data scientists in the company must have a durable passion to apply data analytics in solving diverse problems. You will also be exposed to new technologies and will gather large-scale project experience. If you want to learn more details about the company’s services, check out our article on the IBM data science consulting process.

Where Are They Hiring? 

IBM’s headquarters are in Armonk, New York. The company’s operations range across more than 170 countries.

Benefits and Coolest Perks: 

US employees fighting cancer can tap into IBM’s artificial intelligence software Watson™ for insights into appropriate treatments and clinical trial options. There’s also a Health Incentive Program which provides strong support for employee well-being and preventive care. And, you can work from home one day a week. Not that bad, if you ask the author.

Review from an Insider: 

“Well, you can travel anywhere around the world & work at any IBM operations.”

7.ScienceSoft

science soft company career page

What They Do: 

ScienceSoft specializes in CRM, Data Analysis, Collaboration & Knowledge Management, and Information Security. The company boasts rich experience in testing and quality assurance services. Plus, it provides 24/7 support for various IT infrastructures and applications. ScienceSoft has been providing custom and platform-based solutions in Healthcare, Banking, Retail, Telecom, and other industries for over 30 years. Guess we could say they’ve been in the game for a while!

Where Are They Hiring? 

McKinney, TX, and Atlanta, Ga in the USA, Latvia, Finland, Poland, and UAE.

Benefits and Coolest Perks: 

According to their workforce, ScienceSoft offers pretty good salaries and medical insurance for the market. You’ll work on interesting projects, too. Besides, the company pays for certifications and IT events and is a recognized partner of IBM, Microsoft, Magento, ServiceNow, and Oracle. Last but not least, they’ve won numerous prestigious awards, including recognition among The Americas' Fastest-growing companies (2022 & 2023) by the Financial Times.

Review from an Insider: 

“ScienceSoft is a good place for personal growth. Management encourages gaining new skills, although you would need to demonstrate your own initiative as well.”

8. Appsilon

appsilon company career page

What They Do: 

Appsilon provides end-to-end data science consulting across Finance, Healthcare, Maritime, Retail, and Real Estate. What is more, it has proven the quality of its services by winning the Global Management Challenge with AI support in Rotterdam. If you’re looking to join a passionate and ambitious team of data experts, Appsilon is a great pick.

Where Are They Hiring? 

Egypt, Argentina, South Africa, India, Poland, Romania, Serbia, and Morocco.

Benefits and Coolest Perks: 

You can travel to conferences in various places – France, Great Britain, Los Angeles. The management provides shared breakfasts, table football tournaments, and retreats. Apart from that, if you work there, you also get flexible hours, private health care, sports card, and access to many events.

Review from an Insider: 

“We treat Appsilon as something more than just a job – it’s also our passion. We have wonderful, ambitious people around us who are constantly looking to develop.”

9. Addepto

addepto company career page

What They Do: 

Addepto develops ML and BI custom solutions for fast-growing companies to deliver end-to-end projects - from tapping into data sources through data warehousing to reporting architecture. Furthermore, you’ll be part of various international projects, including fin-tech, gaming, ad-tech, and more. Another plus is that the company will generously finance any courses you need to achieve your career goals.

Where Are They Hiring? 

Addepto’s HQ is located in Warsaw. But they also have offices in New York and Los Angeles.

Benefits and Coolest Perks: 

The company’s employees have flexible working hours and the ability to work remotely. Apart from that you get private healthcare, a free sports card, in-house training, and free language classes

Review from an Insider: 

“We’re a harmonious team of Data Science, Business Intelligence and Big Data enthusiasts. Joining our team means cooperating with seasoned experts and participating in projects for international companies.”

10. Statworx

statworx company career page

What They Do: 

STATWORX is a consulting company for data science, machine learning, and AI-based in Frankfurt am Main, Germany. It specializes in sales forecasting with deep learning, predictions of online conversion rates, prediction of the next-best product, and many more.

Where Are They Hiring? 

Frankfurt am Main—but remote positions are also available.

Benefits and Coolest Perks: 

Well, the company offers flexible scheduling, working hours, and workspaces. So, if you like the option of a home office and thrive well in flat hierarchies, you’ll most probably enjoy working there. Plus, there are regular internal and external continuing education courses.

Review from an Insider: 

“A small, dynamic team. Plus, exciting, versatile projects for corporate and private customers.”

11. Palantir Technologies

palantir company career page

What They Do: 

Palantir Technologies’ platforms have been applied to diverse problems such as disaster relief, healthcare delivery, drug discovery, human trafficking, counter-terrorism, financial crime, regulatory compliance, and the protection of privacy and civil liberties. In addition, their software integrates and analyzes data in national security, healthcare, energy, finance, manufacturing, and more. The company is recruiting highly motivated self-starters with proven strong analytical and troubleshooting skills from around the world to help them with data integration, big data, enterprise software, data analytics, data protection, and data engineering.

Where Are They Hiring? 

Palantir is headquartered in downtown Palo Alto, CA, with offices around the world, including New York, Washington DC, Los Angeles, London, and Tokyo.

Benefits and Coolest Perks: 

There are lots of good things to mention here. For example, great health insurance and unlimited time off. And the meals are completely covered - breakfast, lunch, and dinner are served every day. Palantir has free laundry and dry cleaning on-site, and even a free hair salon. Well, we admit it sounds awesome. There are lots of travel opportunities, both domestic and international if that’s your preference. Plus, insurance is paid 100%. And…wait for it … You can use free masseuse and chiro services on site! Dog lovers can take their pets to work, too.

Review from an Insider: 

“You are surrounded by incredible, driven people who share your values. What is more, we are working towards improving the world. And benefits are amazing too.”

12. MuSigma

MuSigma company career page

What They Do: 

MuSigma is one of the Big Data Analytics and Decision Sciences companies. It works with more than 140 Fortune 500 companies to bring together people, processes, and platforms. The company specializes in: risk, retail, and marketing analytics, supply chain analytics, and more. Furthermore, it currently has 3,500 Decision Scientists worldwide.

Where Are They Hiring? 

MuSigma has offices across 10 countries worldwide – Australia, Canada, China, Germany, Japan, India, Singapore, UK, US, and UAE.

Benefits and Coolest Perks: 

MuSigma provides a good insurance plan and a balanced number of vacation days. What's more, travel expenses and team lunches can be reimbursed.

Review from an Insider: 

“You will have the liberty to learn a wide variety of skills that will help you in any career.”

13. TIBCO

tibco company career page

What They Do: 

TIBCO provides industry solutions across various industries, such as banking, energy and insurance. Furthermore, it offers business activity monitoring, as well as hybrid cloud integration. Plus, the company deals with Amazon Web Services, Apache Spark, Blockchain technology, and more. If you are a data scientist with experience in SPSS, KNIME or other data mining tools, and you are ready to travel domestically, this could be your future workplace.

Where Are They Hiring? 

The private company with more than 1,000 employees is headquartered in Palo Alto, California. However, you can apply for positions all across the globe since the company allows fully-remote employment and locations ranging from India to Brazil, Paris, the Uka, and many others.

Benefits and Coolest Perks: 

TIBCO provides shared performance incentive compensation, patent awards, sales achievement awards, and other recognition programs. Its Learning & Development team regularly creates relevant training and materials. Furthermore, employees' participation in conferences and classes is encouraged. The benefits packages are location specific. Perks include recognition of national holidays, serving Girl Scout cookies and milk on employee appreciation day, and more.

Review from an Insider: 

“Excellent resume building, with every new technology and buzzword. Great new apps that make for very cool demos.”

14. IDEO

ideo company career page

What They Do: 

IDEO is a consulting company specializing in data visualization, large-scale data analysis, social network analysis, and tailored data mining. Furthermore, it provides expertise in sports analytics, marketing analytics, dashboard design, data science, and data strategy. So, if you’re an eager-to-learn and naturally curious individual, consider applying there. IDEO has worked with Oracle, P&G, Motorola and other high-profile companies and that would definitely be a plus in your portfolio.

Where Are They Hiring? 

Chicago, Cambridge, London, Munich, San Francisco, Shanghai, and Tokyo.

Benefits and Coolest Perks: 

If you work at IDEO, you’ll benefit from flexible time off, and paid paternity leave. You can also work remotely for long periods if you need to.

Review from an Insider: 

“Well, if you are someone who is innately curious and likes to learn, this company is designed to be a great place for you to work.”

15. Tiger Analytics

tiger analytics company career page

What They Do: 

Tiger Analytics is advanced analytics and AI consulting company rated by Forrester as a 'Strong Performer'​ in insights services and customer analytics services. What's more, it is the trusted data science and data engineering partner of several leading Fortune 500 companies across the banking, insurance, logistics, retail, and media industries. Tiger Analytics brings expertise in marketing science, customer analytics, and operations & planning analytics. On top of that, the consultancy has developed a range of accelerators for quick project execution. From plug-and-play software to solution frameworks, they help accelerate time-to-value for their clients.

Where Are They Hiring? 

Headquartered in the Silicon Valley, with a global delivery centre in Chennai, India, the company also has offices in New Jersey, Singapore, the UK, Australia, and Malaysia.

Benefits and Coolest Perks: 

There are lots of good things like medical insurance and travel allowances. Also, perks include free snacks, regular cakes, and regular lunch outings. Besides, there are very flexible policies for working hours, time-offs for personal purposes, and work-from-home options. Not to mention, vacations and sports clubs are actively encouraged.

Review from an Insider: 

“Amazing work-life balance. Lots of flexibility and vacation time.”

16. Cloudera

cloudera company career page

What They Do: 

Cloudera was founded in 2008 by some of the brightest minds at Google, Yahoo!, Oracle, and Facebook.  So, if you are on the lookout for work opportunities within the company, make sure you check out Cloudera’с Fast Forward Labs. It’s а machine learning research group within the company that develops new products through ML and AI technologies. In addition, it provides consulting and advisory services to clients in a wide set of industries.

Where Are They Hiring? 

The company has corporate offices in 8 states across the US and in 19 countries all over the globe including almost the whole of Europe, Asia, Africa, and Australia.

Benefits and Coolest Perks: 

Cloudera offers good overall benefits, flexible time off, and an employee stock purchase program… And free daily lunches  - as you may have noticed, always a plus, if you ask the author of this article.

Review from an Insider: 

“Cloudera has a GREAT reputation in the Big Data world. And spending four years there has provided a great springboard to other positions at some of the valley's best companies.”

17. InData Labs

indata labs company career page

What They Do: 

InData Labs is yet another data science and AI-powered solutions company. One of the most exciting parts of the company though is that they have its own R&D centre. Established in 2014, In data labs has years of experience and a solid record of Big Data and AI projects with companies all over the globe. They have a broad industry spectrum from Healthcare and Pharma, to Fintech, Sport and Wellness to Retail, Logistics, Security etc.

Where Are They Hiring? 

The headquarters is located in Cyprus, and the other two offices are in Singapore and Lithuania.

Benefits and Coolest Perks: 

If you are looking for a job where you feel inspired, InData Labs is a great place to start since they really support mentoring among their employees. Apart from that, you get all the side stimuli like health and sport, catered home-made lunch, unlimited snacks and the best – brewed-to-perfection coffee, all day long.

Review from an Insider: 

“I like working at InData Labs because it's a leading tech company. Working there, I get to explore the latest tech advancements. I have an opportunity to work with skilled people and broaden my expertise. The working environment is just great, management, too.”

18. Fractal Analytics

fractal company career page

What They Do: 

Fractal Analytics is a “Leader” in AI and analytics services, according to the Peak Matrix 2021 Assessment by the Everest group. And this shouldn’t come as a surprise – the company’s been solving real-world problems for Fortune 500 companies for over two decades. Fractal’s AI Innovation Center provides a wide range of capabilities, solutions, and products applicable to industries like retail, health, finance, and insurance, among others.

Where Are They Hiring? 

Australia, Canada, China, Holland, India (Mumbai, Gurugram, Bengaluru, Chennai, Pune), Japan, UK, Ukraine, US (NY), and UAE (Dubai).

Benefits and Coolest Perks: 

One of the best perks of Fractal is that they have a flexible-work policy and vacation policy. The company is focused on the achieved results, rather than where you have completed those. Apart from that, various kinds of insurance are offered such as health, dental, vision, and life.

Review from an Insider: 

“One of the best, if not the best work environment. People in my team are friendly, respectful, transparent, and empowering. High NPS.”

19. LatentView Analytics

latentview company career page

What They Do: 

With a focus on the digital consumer, LatentView Analytics allows companies to combine traditional and digital data in order to increase customer retention rates, optimize investment decisions, and predict new revenue streams. The industries in focus are primarily Technology, Retail and CPG, BFSI, and Industrials. It is one of the fastest-growing companies in data analytics and a proud “Advanced Consulting Partner” to Amazon Web Services.

Where Are They Hiring? 

The company has two offices in India, one in China, three in the US, and four in Europe – Amsterdam, London, Munich, and Dublin.

Benefits and Coolest Perks: 

You will get the standard health and vacation benefits, plus a flexible working environment. The fun part – there are half-year team events where you get to mingle with your colleagues out of the office.

Review from an Insider: 

“They have very good clients and hence exposure to the different domains as an analyst was amazing. They will try their best to place you with some client when every project gets over.”

Next Steps

So, when decision-making time is just around the corner, you can always refer to this article as a great resource to help you out with your choice. You may decide to apply for a job in large data science consultancies with numerous benefits and decades of experience in the field, such as Bain Advanced Analytics Group, Cloudera, and Palantir Technologies. Or you can opt for the excitement of joining up-and-coming game-changers like Appsilon, Addepto, Statworx, and Data Scope Analytics.

Whatever your preferences are, be calm and confident in your abilities. And, most importantly, take the necessary time to prepare for the job you want. Whether you choose a traditional data science degree or opt for self-studying with online data science courses, systematic and solid preparation goes a long way, even if you start as a beginner and take things one step at a time.

Now, before you start fantasizing about all the amazing perks, make sure you go through our tips on how to make your resume truly one of a kind. It will definitely come in handy once you start applying for a job in your chosen companies. Also, keep in mind that a lot of your career opportunities can come through networking. So, make sure to check out the top online communities for data science and other data professionals.

Furthermore, if you want to make sure you have what it takes to get hired by these high-profile data science consulting companies, you will benefit greatly from our data science courses. Starting from the very basics all the way to advanced specialization, you will learn by doing with a myriad of practical exercises and real-world business cases.
If you want to see how the training works, start with our selection of free lessons by signing up below.

FAQs

Can a data scientist be a consultant?
Yes, a data scientist can also be a consultant. According to Glassdoor, the expected average salary is $120,000 annually. In consulting, data scientists apply their statistical knowledge, technical skills, and business acumen to tackle intricate client issues. They analyze substantial datasets to extract actionable insights, build predictive models, and suggest strategies influencing business decisions. As consultants, data scientists frequently operate across diverse industries, giving them a broad spectrum of challenges and the chance to influence businesses directly.

 

How can you become a data science consultant?
Breaking into data science consulting requires education, skill enhancement, and networking. Here are some steps to consider:
 
Education: A strong foundation in statistics, mathematics, and computer science is essential. This can be achieved via formal education in data science or related fields or through online courses and bootcamps.
 
Technical Skills: Become proficient in data science tools and programming languages like Python or R. Familiarity with data visualization tools and knowledge of machine learning algorithms are also crucial.
 
Soft Skills: Beyond technical expertise, successful consultants possess strong project management, problem-solving, and client relationship skills. Training in these areas can be beneficial.
 
Build a Portfolio: Undertake real-world data science projects to create a diverse portfolio—demonstrating your ability to derive insights from data and tackle complex problems in various domains.
 
Networking: Engage with professionals in the field via industry events, online forums, and LinkedIn. Networking can offer valuable insights into the industry and reveal job opportunities. You can find clients by leveraging your professional network, engaging in online communities, utilizing freelance platforms, attending industry conferences, and showcasing your expertise through a professional website or blog.
 
Identify Your Niche: Determine what specific aspect of data science you excel in and enjoy the most. This could be a particular industry, type of data analysis, or a specific phase of data science projects. Specializing allows you to differentiate yourself in the market. For instance, you can specialize in medical data, patient outcomes, and healthcare processes to improve patient care and reduce costs. Alternatively, in retail, you can help businesses optimize inventory, enhance customer experience, predict trends, and improve sales through data analysis. The options are endless.
 
Continuous Education: Stay updated with the latest developments in data science and consulting best practices. Continuous education can come from online courses, workshops, conferences, and reading industry publications. Certifications and courses in data science consulting or related areas can enhance your credibility and expertise.
 
Develop a Business Strategy: As a consultant, you run your own business. A clear business strategy—including services, pricing model, and marketing approach—is crucial for success.
 
Is consulting a good career path for data scientists?
Consulting can be an excellent career path for data scientists for several reasons.
 
Diverse Challenges: Consulting exposes data scientists to various problems across different industries and domains—enhancing their problem-solving skills and providing a rich experience that can be hard to find in industry-specific roles.
 
Rapid Skill Development: Due to the project-based nature of consulting, data scientists are often required to learn quickly and adapt to new technologies, methodologies, and sectors, which can accelerate their professional growth and skill development.
 
High Earning Potential: Consultants can earn competitive salaries based on their expertise, the complexity of projects, and the value they bring to businesses. This is further enhanced by the growing demand for data-driven insights across various industries—allowing skilled consultants to leverage their expertise for financial success while providing impactful solutions to their clients. Glassdoor states the expected average salary is $120,000 annually.
 
Impact and Visibility: Data scientists in consulting often work closely with decision-makers and can impact their clients' businesses significantly. The visibility of their work can lead to greater recognition and career advancement opportunities.
 
Networking Opportunities: Consulting provides ample opportunities to build a vast professional network, including clients, colleagues, and industry experts, which can benefit career growth and learning.
 
Interdisciplinary Learning: Working in consulting allows data scientists to collaborate with professionals from various backgrounds, such as business analysts, industry experts, and strategists. This fosters a comprehensive understanding of business alongside technical expertise.

 

What does a data science consultant do?
Data Science consultants initially formulate a problem based on data collected from a given customer company. Afterwards they will move onto finding solutions to this problem through digital tools such as Machine learning and Artificial intelligence (AI). Their main purpose is to provide the client company with useful, data-based insights after a careful analysis and computations. This, respectively, helps the client company to improve and adjust their business strategy, elevate their analytical skills and perform data-driven decisions.

 

What to consider when applying for a data science consulting job?
As we mentioned above, data science consulting jobs are not strictly reserved solely for consultants. You may not have prior consulting experience, or maybe you are a data science graduate. So don’t limit yourself only to data scientist jobs when you have a whole bunch of options as a consultant. Another thing to keep in mind is that often consultancy companies work with projects. This means variety and exciting cases for you but sometimes there might be gaps between the projects, which might seem odd for people used to a standard and consistent workflow. This also leads to another point – flexibility. You need to be flexible with your work process. Some clients require long-term support and others a short-term, project-based consultancy.

 

Marta Teneva

Marta Teneva

Senior Copywriter

Marta is a former Senior Copywriter at 365 Data Science. Digging into her own experience of transitioning into a new field and all the uncertainty that initially goes with it, she creates informative and fun to read content that helps our readers expand their career options in data science and achieve the goals they have set for themselves.

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