5 yoe data scientist with masters Question says it all. How difficult is it for product data scientists to pivot to MLE roles? TC 120k
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Engineering get paid more than product, and engineering > data science, so very easy to infer from there. Can a product data scientist become a MLE? Probably not unless you went to IIT for undergrad or something like that.
Not that hard to move from one to another. Learn Spark, Kafka, Hadoop, etc., do a bit more coding. The lack of a PhD won't be an issue, though you'll probably get paid slightly less than someone with the degree.