Hey all. I am an engineer hoping to switch career paths to data science. I’m looking to pursue an Msc in Data science to help me get into it.
However ive been seeing a lot of reports that contrary to popular belief that job market for data scientist are shrinking. For people who are involved or know about this field, are these reports true?
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DS is saturated. Every person who can visualize a few graphs in R or python calls himself a data scientist. Very few real ML people out there. To filter these, each company has designed their own way of testing aka there is no standardized leetcode type of test. I know many people are frustrated with the ridiculously high LC standard for swe, but at least there's a standard process. DS is all over the place. You can't get a good DS position with solely good stats knowledge or solely ML knowledge or solely probability. You need to have all of these, like one tablespoon each. It's tough to step up your game when you are focussing on 5 different aspects. Also, remember you will be competing with phDs if it's a specialized role, or will be struggling with 4-5 different aspects if it's a generalist role (also very few generalist roles do real ML).
Can you do it with two kids? Absolutely, but you have to commit a serious amount of time to the courses, most of them aren't something you can wing or study last minute. Let me know if you want to know more we can set up a call.