Posted

irmak-squareThis post is contributed by Irmak Sirer, a partner and data scientist at Datascope, where he solves business problems with data by designing analyses and interfaces. Irmak has helped companies across industries solve problems with data, from small companies to members of the Fortune 50. Working with Metis, Irmak is an instructor for their Data Science Bootcamp program which will be starting on September 2nd in New York City. You can read the full version of this post on the Datascope website.

 
One of the most frequent questions we hear, right behind “so, what exactly is a data scientist” or “what makes a great data scientist”, is “how do I become one? I should probably just get a Master’s, right?” Perhaps not anymore; rising costs, changing demand, and the Internet are disrupting this traditional path and providing two viable alternatives. At one extreme, self-learning through Massive Open Online Courses (MOOCs) give access to courses at an extremely low cost (often free), but leave it “as an exercise for the reader” to identify a suitable set of courses and tools to round out a coherent skillset. Bootcamps offer a middle ground where students can pay for a structured learning environment at a far more affordable rate compared with obtaining a Master’s Degree. So, “which path do I take?”
 
We think the answer to that question largely depends on the student. In some cases a student will prefer attending a bootcamp whereas in other cases a student will prefer receiving a Master’s at a university or taking university courses online through MOOCs.
 
Here at Datascope we see great benefits from the bootcamp format, so when Metis (a part of Kaplan) contacted us about partnering to design a data science bootcamp, we jumped at the opportunity. We thought we could take all these points we see as the advantages of the format, and elevate them as much as we could. So, we designed a course that would give aspiring data scientists a lot of experience with 4-5 projects, and a guided route of several core data science concepts and approaches. Participants can quickly build the necessary foundation without the burden of teaching herself everything or paying the handsome price of a Master’s program before realizing her dream job. If you’re interested, our Data Science Bootcamp program is starting on September 2 in New York (applications due by August 11), and you can learn more about it here.
 
Since there are many things to consider when choosing which program works best for you, in a separate post, we do a thought experiment to compare the three experiences for a fictitious aspiring data scientist named Audrey. For the sake of brevity, the following table summarizes our thinking about what each of these experiences is like and, more importantly, who they are ideally suited for.
 
Masters
Self-taught (MOOCs)
Bootcamp
Learning
Theory-rich learning
Self-guided learning
Experiential learning
Teachers
Live university faculty professors
Recorded university faculty professors
Practicing data scientists
Outcome
Diploma
Certificate
Portfolio of projects
Duration
9 – 20 months
6 – 18 months (part-time)
2 – 3 months
Tuition
$20,000 – $70,000
$0 – $500
$0 – $14,000
Networking
1.5 years of social networking
Isolated; no in-person networking
Collaborative networking
Projects
Internship + practicum projects
Projects on own time
Projects built in to experience
Job hunt
University-wide recruiting day
Self-driven job search
Hiring day organized by bootcamp; talent placement manager helps with hunt
Ideal for
People that enjoy immersing themselves in campus life and want to take time to let the new material absorb while learning in a structured environment with the full credentials of a University degree.
People that thrive with ambiguity and self-guided environments and are motivated enough to design their own curriculum around their own strengths and weaknesses.
People that want to switch or accelerate careers ASAP and want to have confidence that the switch will result in a job they will like while learning in a structured environment.
 

As technology increases the rate of change of society, the most successful workers will be those that can quickly shift to new specialties and learn on the job to meet market demands. In our opinion, the bootcamp format provides the benefits of personalization, credentialing, and social learning that a Master’s degree offers, but at an accelerated rate with experiential learning. Sure it is more expensive than being self-taught, but the connection with employers and the guided, experiential learning process increases your confidence to tackle the uncertain prospect of making a career switch.

To become a data scientist, you don’t need to have postgraduate degrees, or 20 years experience, or be proficient with every data-related technique and tool under the sun. What you need is to have enough baseline knowledge and experience, and the skill to constantly adapt and learn. Bootcamps, in our opinion, are the perfect medium for making the transition.

 

Interested in Burtch Works’ salary research on data scientists and predictive analytics professionals? Download our studies using the button below.

Click to download our free salary reports

11 Responses to “Becoming a Data Scientist: Master’s Program, Bootcamp, or MOOCs?”

  1. Anonymous

    Thanks for the analysis. Where are you pulling the numbers for the cost of tuition? As I have seen, the cost of Zipfian Academy in San Francisco is $16,000.

    Reply
    • John Musgrove

      Remember that tuition is but one cost factor. Books, parking, fees, and supplies are typically not covered in a tuition estimate. Unless it is an ‘executive’ type program that is all-inclusive – there are always other costs.

      Reply
  2. Anonymous

    Bootcamps cost $25K at least once you factor in the cost of living for 4-5 months (no option to take part time) and are NOT recognized by any serious employer IF you do not have an advanced degree. They are a great way to transition after a PhD with no experience but useless otherwise.

    Please don’t promote irresponsible ideas and that too coming from someone with a clear conflict of interest (instructor at a bootcamp). Education is already a scam in this country and bootcamps are just another extension of that scam.

    Reply
    • Dave

      I work at a Fortune 50 company where I lead various data science/AI efforts. Personally, I wouldn’t say MOOCs/Boot camps aren’t recognized at all. If you have core skill and creativity that adds value it’s good enough for me – Bootcamp or MOOC or self-taught. I find it very superficial to make people pay 50-75K for an MA as a pre-requisite to get an intereview. Further, a lot of the curriculum coming out of these programs is outdated or basic. And most business problems, at least ones that add value, are unorthodoxy and bespoke by nature. To teach that it’s really hard to build a curriculum if not impossible.

      Reply

Trackbacks/Pingbacks

  1.  The Must-Have Skills You Need to Become a Data Scientist - Burtch Works
  2.  The Must-Have Skills You Need to Become a Data Scientist | freQtull
  3.  Burtch Works 2015 Predictions - Analytics/Data Science Hiring
  4.  How Many Quants are Changing Jobs? - Burtch Works
  5.  Not Just a Title: How to Identify a Data Scientist - Burtch Works
  6.  Compensation of Data Scientists: Insights from the Past Year - Burtch Works
  7.  Data and Numeracy in the C-Suite are Not Fads - Burtch Works

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.