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I have 7.3 years of IT experience and recently bagged a job offer from JPMC . They offered me 21 LPA CTC and the job role as 601 . Can anyone help me out to understand if the role is justified ? Should it be 601 or 602 as per my experience ? During the HR discussion I mentioned my relevant experience as 5.5 years . JPMorgan Chase
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Anyone knows about the base for chase PCA?
When is year end VC paid out?
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What is a data lake in basic terms?
Thought this was interesting. Across 160 teams of researchers, just about all failed to make good life outcome predictions on things like GPA, evictions, layoffs, and others. Data followed 4.5k families across 15 years, with 13k features (varied over time). Haven't looked at it directly yet, but will be turning the docs and data inside out... In the meantime, authors claim this as showing the limits of ML. Oh, and it's published in PNAS, so you know there's some big publication energy there.
https://www.pnas.org/content/117/15/8398
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Maybe transition to analytics-heavy roles outside of consulting. Data science or analytics management in tech. Or Quant roles in finance.
TC potential is over 500k.
My buddy is a DS with a MSDS at AMZN and makes 300+ TC
LMAO BROOOOO
5 yoe 150k TC
150k, 3.5 yoe, contracting in tech in the bay area
300k is a reasonable cap as an IC in big tech, though there will of course be outliers e.g. principal at Netflix or something
If you move up to management, you can clear that. No idea how much an AI VP makes at Spotify or whatever, but it's gotta be in the multi-millions. Guessing similar to partner pay in consulting
If you're a lifer, exact opposite. I know a Sr Director at an old big tech who definitely made <$300k... But their whole org didn't get any equity as part of the TC
Finally, if you really wanna be rolling in yachts and all, data work isn't the answer but a stepping stone. I think on average PE partners would outearn anyone since they get to dip into their firms' deals
You're not really breaking into the high-paying roles in PE that way. Sure you might get up to ~$300k eventually, but very unlikely you end up in a role that gets carry or coinvest.