Profile on Data Science (2)
Earning potential
Friends after masters earn from 85k to 130k cash as beginners I think based on location.
I suspect the money aspect is pretty standard within Holland, ~40k for beginner and 45k for bigger companies, for master graduates. Anyways, I am not interested in getting money right now, just need to survive. If the experience is crazy, if there are crazy learning’s, and if it is possible to achieve a lot within the company, that would still work for me, it appears.
By country, the US has the highest median salaries ($117k), followed by Canada ($95k), Australia/New Zealand ($90k), and UK and Ireland ($82k).-80k hrs profile on DS
McKinsey Global Institute has predicted that by 2018 the U.S. could face a shortage of between 140,000 to 190,000 people with deep analytical skills, and a shortage of 1.5 million managers and analysts who know how to leverage data analysis to make effective decisions.-UDEMY
If I choose this career, I better be able to change the lives of 1000’s of people with this science, or I better be able to give at least 50k$ within the next 5 years, that is with the understanding I would make at least 150k $ cash!
Ways in which I can migrate to the US
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Do a 1.5 year masters in US
The cons being:
- money for tuition and living (can’t expect scholarship having done nothing to become better) is a problem
- It will take at least 2019 august before I start
- If I don’t find a job, I don’t know what happens
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Do DS for a few years and become very good and apply at the US directly
The cons being:
- Not sure of the shot to the US
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Join Google or other big companies within Europe and then move to the US with an L1
The cons being:
- Not sure of how much to rely on this
how to start
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1.5 year master anywhere (US preferably)
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3 months prep at home/ join a course
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join a traineeship in Netherlands / join as a starter
I could work in ASML, in DS, there are a couple of traineeships being offered around the country. Airlines seem to be interested in data centric roles for generic engineers. A dutch friend of mine from the same master as me got an offer from KLM for a DS job involving some engineering.
5. somehow use your experience until now and combine that with DS
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If I do a serious course in US/London, maybe I can apply directly to the US.
Investigate this about internationals in 2 bootcamps in US and London
Mid-way
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Look at place like Center for Disease Control, Google, Khan Academy, Bayes Impact and DataKind
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Become a product leader and grow up the ladder and just earn-to-give
Main points for choosing this career?
- I personally know a couple of people who went to this field straight from a master within my university.
- I see a nice personal fit with programming (python) and problem-solving
- Suggested by 80k hours
- Friends in this Apple field earn >130k as a starting option
What does matter?
When, I get my Citizenship within Holland, matters. I think it is much a safe buffer I would like to have before. I am not sure what I can do when I go back to India, my earning potential, my impact potential etc…, leave quality of life and all that shit.
Also, I just have a few more years to clock here before I get citizenship, I might as well get it and then leave or attempt other things.
Some problems
Language could be a barrier within Netherlands/
Important questions to be answered
- ^^
- Find some people who are doing something like you?
People who managed to go out of the country and find jumped to DS
- Knowing earning potential of DS within Europe/Netherlands
In case I get stuck in Netherlands what do I do?
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What have DS done in direct work
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look at some good examples of some old DS
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What is their career path? What do they do after being a DS
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Interesting options within DS (finance)
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Some linkedin profiles?
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Is L1 really an option in the long term or should I try my hand at a master?
TODO
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Speak to Tim Ask him about how to get into career, how much language is a barrier and what sort of work he does by next week
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Try to have a chat with Vaidehi and ask her about DS in Holland
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Can I expect a scholarship if I do a masters in the US
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Getting a job in respective countries once I apply for their bootcamps
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Check this course out “Machine learning in Trading”combination of finance and DS