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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