How Much do Data Scientists Make? (Realistic numbers...not Facebook, not Google)

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  • Опубліковано 27 сер 2024
  • In this video I go over how much I made as a data scientist, how I weighed each offer, and my estimate of how much data scientists now make at different companies!. I wanted to do this to show how much different factors like equity, startups and huge tech companies, and work experience matters.
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    Shortcuts:
    1:53 - How much I made right out of college
    12:55 - Rules on how to approach salary
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    Data Analyst Salaries for 2022: www.interviewq...

КОМЕНТАРІ • 76

  • @iqjayfeng
    @iqjayfeng  3 роки тому +4

    Hey guys! Thanks for watching and here's a few more data science salary data points: www.interviewquery.com/salaries/data-scientist-salary

  • @pallavisrivastava2187
    @pallavisrivastava2187 3 роки тому +41

    Thanks for being honest and giving real numbers.

  • @KenJee_ds
    @KenJee_ds 4 роки тому +19

    Love the new camera Jay!

  • @PankajGupta-ki9gx
    @PankajGupta-ki9gx 2 роки тому +3

    You have seriously reduced my level of anxiety as a student and aspiring data scientist! Thank You so much and keep sharing the relevant content! Inspires me to start my own yt channel ;)

  • @larigiba
    @larigiba 4 роки тому +10

    The new setup looks really good! :)
    Love how you go straight to the point with your videos and then follow it up with informative details!

  • @AndrewMoMoney
    @AndrewMoMoney 4 роки тому +6

    Insightful stuff! There might be an unneeded apostrophe in the title "Data Scientist's make" love these honest videos.

  • @bloodphantom81
    @bloodphantom81 4 роки тому +6

    love the couch squeak in the beginning! also, this is such a dope video. way to be fully transparent about a usually touchy subject.

  • @butterplum2053
    @butterplum2053 3 роки тому +10

    Maybe talk about office dynamics? Like interesting anecdotes with coworkers, or watching decisions play out by managers, or big projects you did

  • @DrunkenUFOPilot
    @DrunkenUFOPilot 2 роки тому +2

    Number four, "You make more money with experience" The only way to get five years experience is to do Data Science for five years. I'll have that in about 5.1 years. For those of us at the start, what kinds of prior experience count for better income? If someone already has 20 years experience in science, marketing, finance, software development, or whatever does that help?
    Physics and astronomy are especially heavy in statistics, making mathematical models to fit data that's sometimes gappy with outliers. Then explaining the results to non-scientists. I'm sure biologists, geologists, and all other scientists can say the same. But does that give us career switchers a boost compared to a fresh college grad with a DS degree or someone with two or three years in a DS career?
    What about having spent thirty years as "2nd 2nd Assistant Broom Watcher"? Is my life all for naught, all those thousands of hours standing in the janitor's closet? :(
    Or seriously, what about a decade or two or three in some other career, not science or math heavy, not software or database related, but a good career relating to business, medicine, education, sports. Does such subject matter expertise help with a better start getting into DS?

  • @BostonRoger
    @BostonRoger 3 роки тому +3

    Jesus Christ. I get excited at my $15,000 bonus every February and hearing these numbers makes me want to shop around some other companies. Thanks for the video.

  • @jessieyou8161
    @jessieyou8161 3 роки тому +13

    Love your video! Can you talk about MS in Data Science for someone who doesn’t have background and try to switch career into data science? Some people say it’s easier to break into with MS in CS rather than MS in DS. Thanks!

    • @CrimsonKing666
      @CrimsonKing666 2 роки тому +2

      The problem with Data science is that companies have different descriptions and some interviews are easire thatn others.

  • @ravitanwar9537
    @ravitanwar9537 4 роки тому +6

    important life lessons+interview prep series

  • @ShashankData
    @ShashankData 3 роки тому +1

    Great video Jay! Love homework straightforward you are!

  • @charlesterhuysen6105
    @charlesterhuysen6105 2 роки тому

    Hope your youtube channel blows up. Keep up the good work!

  • @tanmaythaker1707
    @tanmaythaker1707 4 роки тому +4

    Thank you for sharing your journey! Loved it!

  • @aidanberry6311
    @aidanberry6311 4 роки тому +2

    Thanks for the transparency, great video Jay!

  • @AM-ze4hr
    @AM-ze4hr 3 роки тому +8

    Great synopsis of your journey. Would love to hear about specific hard skill sets that help you land those jobs. There is quite a bit on the topic but each one seen has insights worth noting. I am transitioning in and studying statistics but have domain knowledge in education. Also, I see Ken Jee was here! He has a great channel.

  • @jku909
    @jku909 2 роки тому +2

    Love this guy! I would like to see a video doing analytical comparison of wlb for companies in the bay area

  • @shermin2o9
    @shermin2o9 3 роки тому +1

    I am a business analyst II with 7 years experience making $90k. I am hoping I can get into data science starting at at least $95k with my experience.

  • @datalyfe5386
    @datalyfe5386 3 роки тому +2

    Very insightful, love the honesty

  • @com_shawyan
    @com_shawyan 3 роки тому +1

    the sincerity got me

  • @ZahZah571
    @ZahZah571 3 роки тому +1

    Great video! You definitely deserve more views.

  • @yashsolanki069
    @yashsolanki069 3 роки тому

    Valuable points jay👍thanks for sharing your experience!!!

  • @austing.8517
    @austing.8517 3 роки тому

    Thanks man for keeping this so real.

  • @DatascienceConcepts
    @DatascienceConcepts 4 роки тому +1

    Excellent Insights! Can't agree more:)

  • @chinmayamadan6036
    @chinmayamadan6036 4 роки тому +2

    Outside of direct Data Science skills - what other things do you think people should be learning to grow in their careers?

    • @iqjayfeng
      @iqjayfeng  4 роки тому +4

      Social and business skills!

  • @jordismjordanne8742
    @jordismjordanne8742 3 роки тому +1

    Appreciate it Jay.

  • @jessicatsao92
    @jessicatsao92 2 роки тому +1

    Just wondering, how much work experience will you need to get an entry level data scientist job? Did you need an internship experience at the same company or at a company in a similar field of work?

    • @iqjayfeng
      @iqjayfeng  2 роки тому

      Internship helps a lot or just working in tech / industry in a comparable field like data analytics, finance, acounnting, etc..

  • @mustafahassan6988
    @mustafahassan6988 2 роки тому +1

    Are these figures across the US, or mainly inflated due to the high cost of living in your area?

  • @helloworld7313
    @helloworld7313 3 роки тому +4

    First guy who is staright to the point

  • @johncomo8855
    @johncomo8855 3 роки тому

    I’m new to channel and love the content! ,
    Did you attend post graduate schooling or worked directly out of undergrad?

  • @rohitsawant6612
    @rohitsawant6612 4 роки тому +4

    how much did you actually save out of this, as living in bay area is quite expensive..... wanted to know so that i can roughly calculate how much years its gonna take me to recover my education loan

  • @andreweeckman1864
    @andreweeckman1864 3 роки тому +4

    Did you have any internships in college? And is this for directly after undergrad or after a graduate degree?

    • @iqjayfeng
      @iqjayfeng  2 роки тому +2

      I did a ton of internships before graduating. By far the best thing you can do to land an actual job!

  • @Michael194
    @Michael194 4 роки тому +2

    Great video :)

  • @chiuuuuuuuuuu
    @chiuuuuuuuuuu 3 роки тому +1

    Hello Jay or anybody who is reading this comment, I need your help.
    I have been an analyst/junior data scientist in a relatively big company as a part-time contractor getting $25 for almost 3 years, and just graduated with my DS master with a 3.9
    I worked in a support role for projects that dealt with NLP, classification, and forecasting, but my main job is data cleaning still. The company I am working for doesn't emphasize heavily on data science since they use dashboards/BI software a lot, so I don't think I will get a long-term position in the company as a data scientist. I am not super smart like getting medals on kaggle, but still able to build some relatively accurate models.
    I applied to many remote jobs across the state and plan to ask for a 70k since I live in a relatively low standard of living state. Do you think is easier to get a job if I aim for a lower salary? I don't need any sponsorship btw

    • @Elram_91
      @Elram_91 2 роки тому +2

      Don’t tell them your salary expectations first. Let them at least tell you the range they have. Good luck. Just keep applying. You’ll get it

    • @o0laieta0o
      @o0laieta0o 2 роки тому

      How did it go?

  • @jianyingfiona
    @jianyingfiona 3 роки тому +3

    Hi, I am wondering if you could give a video to tell us what data science do on the job. What are the thing you like and dislike ? Thanks

  • @zaafirulhasan
    @zaafirulhasan 3 роки тому

    what college/university did you graduate from and what was you major?

  • @aldrinbocado5526
    @aldrinbocado5526 2 роки тому

    Can I be a data scientist? I am a graduating student this year as a BS Statistics student. What should be the next step to do, as an aspiring data scientist 🥰

  • @nadiaz4769
    @nadiaz4769 3 роки тому

    What are the best certifications for becoming a data scientist?

  • @evanshlom1
    @evanshlom1 2 роки тому

    240k in SF sounds about right bro

  • @mohit4902
    @mohit4902 3 роки тому +1

    As a Data Engineer, I definitely know that a Data Scientist makes a lot more than me lol

    • @YonkuRu
      @YonkuRu 2 роки тому +1

      What's the difference between u and the scientist

  • @hdhdushsvsyshshshs
    @hdhdushsvsyshshshs 3 роки тому

    How much hard u think it's to get a job in data in USA wether I'm freshman and I'm in latinoamérica. Right now I'm in middle of career

  • @JohnJuan2129
    @JohnJuan2129 2 роки тому

    thoughts on mid life career change into DS ?

    • @iqjayfeng
      @iqjayfeng  2 роки тому

      Figure out if you REALLY like it first

  • @ngoray
    @ngoray 2 роки тому

    Do you have a way we can privately communicate with you? I have questions, I'm almost finished with college and I'm trying to become a data analyst or a data scientist but I wanted to chat with you take care

  • @jimenajofre8594
    @jimenajofre8594 3 роки тому

    Why didn’t you study cs?

  • @lukask.2549
    @lukask.2549 Рік тому +1

    Bro says prices are wrong & starts with a base salary of 110k 😹

  • @164_hritikbanerjee8
    @164_hritikbanerjee8 4 роки тому

    Hi jay i had a question, are there internal transfers for data scientist in big tech companies

    • @iqjayfeng
      @iqjayfeng  4 роки тому

      Yes I think so! Depends on how nice your manager is

    • @164_hritikbanerjee8
      @164_hritikbanerjee8 4 роки тому

      @@iqjayfeng really thanks for the answer i am planning to make a career and as i want to move out of my country so i asked it thanks😊😊😊

  • @charyasingha
    @charyasingha 2 роки тому

    Why did you submit a fake salary?

  • @atharvaakulkarnii
    @atharvaakulkarnii 3 роки тому

    These salary are after masters brother

  • @aminmw5258
    @aminmw5258 3 роки тому

    a sub for the timestamps

  • @sammitchell7310
    @sammitchell7310 4 роки тому +12

    $85k in San Francisco is poverty level

    • @joseph3036
      @joseph3036 3 роки тому

      Oh...really?

    • @Naomi-xu4hq
      @Naomi-xu4hq 3 роки тому +3

      @@joseph3036 no, they just expect tech dude to make $100K+ starting.

  • @arjyabasu1311
    @arjyabasu1311 3 роки тому

    Awesome

  • @axa3547
    @axa3547 3 роки тому

    dammi wasted 2 years of my life now they keep asking about in interview

  • @redpickle
    @redpickle 3 роки тому +1

    How to become a data scientist - coming from a different sector (Env engineering). What essential skills do ı need?

    • @christiangarduno1307
      @christiangarduno1307 3 роки тому +3

      Good statistical knowledge aswell as knowing python r and sql

    • @bereniceg777
      @bereniceg777 2 роки тому

      @@christiangarduno1307 what if we learn c++ won't it help?

  • @BrandonMario
    @BrandonMario 3 роки тому +1

    Data scientist...provides wrong Data (salary) this is so annoying

  • @codehorror6743
    @codehorror6743 3 роки тому

    I like it

  • @MohamedAmine-pv1zh
    @MohamedAmine-pv1zh 2 роки тому

    Clickbait. I can only hear your numbers! But thanks for sharing.