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I was working in data analytics when I pursued my masters in data science. The MS opened up possibilities in where I could take my career that I would have been ignorant to otherwise. The degree gave me the skills and credibility to switch into more data science focused roles, specifically ML and AI. You could maybe accomplish this with udemy-like coursework or bootcamps, but those don’t come with built-in networks and career opportunities like a university degree. Just my $0.02.
Just getting the masters won’t change your job or salary at most companies. But it does open doors and if you get it and put it to work for you, it is 100% worth it. Networking, credibility, learning opportunities, respect, etc.
Also depends how experienced you are. it helps most with the rapid salary progression for early to mid career candidates but will have diminishing impact on more tenured positions
Nope. Just do open source courses and build credibility online and in-company. My 2 cents, as they say!
I already went to a Boot Camp, but for salary purposes, would it be worth it to go for a masters? Do you think?
Agree with PwC 1 that having the degree has helped me boost salary by 3x compared to before.
Simply getting the degree will not improve your salary. You need to take the degree and everything you learn and apply it to your career by applying for higher paying titles and switching companies. This will yield the highest salary changes as opposed to staying where you are now and requesting a raise just because you got a degree.
I was weighing out similar options about 6 years ago and decided to pull the trigger. My total compensation has increased by 4x since then. So, depending on your starting point and professional goals, it can be pretty lucrative.
SC1s response adds a lot of additional color. Not to be repetitive, but the degree can open the door. You will need to strategically look at your options and pivot to roles that roles that add to your “story”, while simultaneously increasing your comp post degree completion.
Switching jobs is a good first step to getting that first large salary uplift post grad school, but you also need to focus on building a strong network once you’re in your new home. A lot of consulting/career growth is relationship driven, and that is only more important as you climb the ladder.
Additionally, it can be true that a coding bootcamp and having a degree from a reputable program are helpful. They aren’t mutually exclusive. Any time spent to build your skills is not time wasted, so wouldn’t worry too much about that.
Good luck to you on your journey. Feel free to DM if you have additional questions.
Depends on the type of masters you go for too