Which career path would be more lucrative - data science consultant or data scientist (at a non-FAANG)?

Data scientists seem to be paid well and do more interesting work (usually, not always) than data science consultants, but it’s hard to image the data scientist career growth keeps up once you’re director/partner level at a consulting firm.

likehelpful
Posting as :
works at
You are currently posting as works at

Not a lucrative career working in data science and tech - if you are okay exploiting others, I suggest you consider a consulting firm that is paid millions (i.e. Deloitte) by companies like Walmart, Tyson, CVS to use internal data and “find” the same insights that are a copy of prior analyses done in-house. These firms are overpaid and do nothing but give a rubber stamp of approval. Lucrative here is insulting the individuals employed by the company that paid you to add no value.

like

Compensation increases as you grow as a consultant will usually be higher than data scientist. The exception is if you go to a startup and receive equity, which usually comes with a higher risk due to lower cash compensation overall

If you want to code the rest of your life the latter, if not then consultant will make way more because you hit partner.

Related Posts

Hey there! Does anyone have leads or advice for pursuing remote internship or employment opportunities in IT while in college? For reference, I am beginning my sophomore year in college with 3 majors within CSCI and am working on attaining my A+ certificate then my Network+. I am partaking in a network infrastructure internship position right now for a large lending corporation (my only internship thus far). I am unsure if I want to continue with infrastructure or software. Thank you in advance!

likesmart

Hi. This is probably a basic question, but I'm wondering which consulting firms prefer people with a PhD background in science? Thanks

like

Would you say procurement or supply chain is the better career path for a new grad?

like

EY GDS vs DELOITTE INDIA..?

Which one is better in terms of wlb, hike, career growth and job security.

like

Which is better career path among these two ?
1. Java And it's advanced technologies (Backend)
2. Java and Angular (Full stack)

Hey Fishes ,
I am a QA/SDET with 8 YOE , good in building framework for UI and API Testing , right now working on improving coding (DSA) and AWS (SAA certification). I am at 25 LPA now and my aim is to get in FAANG what all i need to get in my bucket to crack that (or atleast improve my chance of getting in ), please guide me .

like

Currently a third year Senior, but looking to jump. How likely can I get an offer as manager at another firm?

like

Working as an analyst in Energy Practice assisting case teams with renewables, utilities, O&G, digital strategy. Net experience 2 years! Want to go for higher studies.

Should I
1. Go for technical masters? (if yes, do recommended some good courses)
2. Wait to gain enough experience for a MBA in US/EU

Thanks!

like

What steps should I take to become a marketing manager in 4 years? I'm currently a coordinator but I'm very goal-oriented. Determined to achieve this!

like

Can anyone help me understand what c9 grade means in NatWest job grade? what are next two grades after c9?

like

Question from a newbie consultant - What are some good online courses/ books to improve consulting skills?

like

Pls suggest how to crack AWS cloud foundation exam in a week.
I have zero knowledge on AWS .

funnylike

Are Google , IBM , Meta learning certificates, worth it? Do they really impress employers? If had an IBM data science certificate without any experience for example what type of role can expect or should I expect any?

like

What’s the most diabolical exit you or a colleague has had from a company? For context, I’m not talking necessarily on bad terms - just a savage exit that’s all

likefunnyhelpfulupliftingsmart

3rd year associate. Former fed law clerk. Working at ID firm. Doing slip and falls and wrecks. Recently received big law offer to do products. Really want to go. Gave notice to current firm. Current firm really wants me to stay, counters that it will try to get me salary as close to big law offer and give me complex work. Stay at ID firm or accept big law offer?

like

Performance marketing vs. Experiential marketing... one seems more stable but the other, more fun. Is it worth the trade off if you’re middle management and moving higher?

like

Currently 1 YOE tech consulting at Deloitte looking to make a hop to more strategy type roles and came across the strategy analyst development program- 1. is this only for fresh undergrads from specific schools or would I be able to apply? 2. What’s the compensation at this level? (worried I might have to take a pay cut). Also would appreciate any remarks regarding the program in general. Thanks!

like

Passed over for a promotion twice now. Higher ups keep saying how I’m so close, but just not there yet. Time to move on?

like

Looking to switch from a boutique firm into big law and make a move into corporate from litigation. Anyone have experiences doing this? Also, does anyone know which firms are more willing to hire laterals from outside of big law and which ones won’t?

like

Thoughts about going back and forth between agency and in-house? Is it a good/bad idea? Is it even possible?

like

More Posts

Anyone else using their layoff as an excuse to finally pursue a new career?

like

Accenture strategy C2 pay?

like

Not a big firm, I know. But does anybody have insight in Cowan Debaets?

like

Hi Nutants,
How is CDP(I guess it means Core Data Path) group at
Nutanix ? What is their role primarily in Nutanix portfolio and products.

Anyone there ?

like

What is sales engineering? And how does one get into it?

like

I am far along in the interview process for a job I want (meeting with Chief Legal Officer next week), but am still accepting other interviews until I have a formal offer. However, I have an interview scheduled for early this week where, after further research, I don’t think I would be very happy. Should I let the recruiter know that now, or just do the interview for more “practice”? Thanks!

like
like

Can someone refer my profile

like

Can anyone refer me for java developer role 3.11 yrs exp

like

How can I not be awkward at conferences where all my remote coworkers that I've never met will be there? I have an issue with awkward silence and not knowing what to say or how to act.

What resources would you suggest for learning about A/B testing in a community context?

like

My background isn’t in marketing/branding/PR but I’m being thrown into an engagement for a small organization who has many different sub-brands. I now how to give them high level guidance on how to ensure their branding and message is consistent. Any resources/books you’d recommend I could crash course this on?

like

Fellas, what’s your go to dating app? And what do you use it for? For example hook ups.

like

Hi I am a MBA in marketing with 4yr experience in sales. I have done product management and sap sd. Can any one provide job opening lead in any for any of this position in bangalore. I really want to move out from sales.

like

If you’re looking for a full-time entry level position or higher (tech, consulting, business), with flexible remote/hybrid work, PM me (:

like

Hi All,
How do I get get/select project after joining
Cognizant as a pool resourse. That is the processes they follow for onboarding to a project.Cognizant

like

I got an opportunity at IBM ISDL as application developer. How is the work culture, learning opportunities and annual hikes?

like

What's the difference between Associate Manager and Assistant Manager at Axtria?

Why are sizable salary bumps offered for switching firms, even for the same role? What’s the methodical rationale for this practice? Is the initial increase somewhat sustained or quickly normalized?

like

Additional Posts in Data & Analytics Consultants

What are the dream companies to work for to pursue data analytics/ engineering jobs

like

The longer I do this job, the more I want to accept a tech job... no travel, same / better pay, no annoying clients...

like

Has anyone created live dashboards via Data Studio instead of Tableau? Thoughts?

In the most unnecessarily complicated phrasing worthy a dissertation, what are you working on this week?

like

Does anyone work at EY in their Decision Modeling team? Not asking for answers, but just wondering if someone is able to share what concepts I should be familiar with when prepping for the case study (i.e. do I need to know how to run an LBO or is a DCF sufficient)?



like

Have you ever failed to deliver? What was it and why?

like

Anyone in a non-technical analytical consulting roll?

like

Hey! For one of my project, I had to build macro to do data cleansing in excel. However template might change one day to another. Anybody knows good resources I can use to make this a sustainable ...

This might be a long shot ... but I have a Statistics assignment due for tonight in a few hours

Does anyone know how to do Linear Discriminant Analysis with more than one predictor - by hand? I know how to compute in R but my professor wants it done by hand .... fml

likefunny

Coming from ACN, senior analyst, 3yrs total experience so far & wanting to get into the data analytics/BI work. Currently have had experience working with SQL developer, OBIEE/OBIA, Teradata in ERP and Healthcare projects. I also have my AWS Cloud Practitioner Cert, hoping to eventually get the Data Analytics Cert later. What are my chances of finding a role with another company that'll let me work in BI/data analytics and build up my skill at the same time? Been thinking of leaving ACN.

like

Which is more appealing to you, Data engineering or Data science as a career? Why?

like

Any advice on which platforms are best for learning data science/ML? I'm looking for a platform through which both I can develop my intermediate ML skills and my less experienced teammates can learn data analytics from the ground up. Particularly interested in any thoughts on Codeacademy and Dataquest.

I’m a college student studying data science. I’m interning at Deloitte currently is to become a data science consultant for non-profits. I don’t know if this is a role that even exists, let alone how I would start down that path. Any tips or advice would be greatly appreciated!!

like

It’s been ages since I’ve taken college statistics. Can anyone recommend an online course where I can review and brush up?

like

Does anyone work in the healthcare industry here? I would love a referral for a Senior Data Scientist role or a Machine Learning Engineer role.

like

What are your thoughts about the idea of transitioning from a career in software development to Data Analytics/Engineering/Science? My strongest skill in web development has always been SQL. Doable? Lucrative? Secure? Anyone else ever made this transition?

like

Asking for a friend:
What’s the interview process for a FSO Manager in EY joining the DnA BI team like? Has anyone been through the process recently? Thanks

like

What’s so good about the Georgia Tech OMSC and OMSA? Is it just the cost? Seems to be recommended by most of reddit

likehelpful

What do you folks think about a monthly show and tell of anything data-related?
Open forum where anything relating to data & its applications would be fair game. E.g.:

-a visualization you made and/or like
-data pipelines for a personal website
-market analysis
-relevant memes
-scientific article
-data news
-what you'd like to see data driven but isn't

In a nutshell, a conversational experience. Introduce and discuss ideas. BYOB and at least 1 talking point, or if you really want a full deck

likehelpfulupliftingsmart

Does anyone have Python style guidelines that they like and can share?

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal