Become a data scientist, earn $1M per year. Here’s how.

The investment industry’s demand for data scientists is

outstripping supply. Some data scientists are commanding

multimillion-dollar salaries. In Silicon Valley, fresh-out-

of-school salaries for data scientist jobs top $100,000 plus

benefits and equity stakes, and once employed, new hires are

contacted daily by recruiters with half-million dollar offers to switch companies. The talent shortage could reach as many as 250,000 data scientists by 2024, according to “The

Age of Analytics: Competing in a Data-Driven World,” a

McKinsey Global Institute (MGI) study released in

December 2016.

Considering this kind of demand and lucrative compensation, investment professionals need to figure out

how to position themselves for these new opportunities.

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