becoming a data scientist carolina analytics and data ...analytics.ncsu.edu/reports/unc.pdf · data...

42
Michael Rappa Goodnight Director and Distinguished University Professor Institute for Advanced Analytics North Carolina State University BECOMING A DATA SCIENTIST

Upload: others

Post on 21-May-2020

19 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

Michael Rappa Goodnight Director and Distinguished University Professor

Institute for Advanced Analytics North Carolina State University

BECOMING ADATA SCIENTIST

Michael Rappa
Carolina Analytics and Data Science Club, UNC-Chapel Hill, September 18, 2019
Page 2: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

From today’s headlines…

Page 3: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha
Page 4: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

27,468 job openings

Page 5: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

Source: Linkedin Job Openings, September 15, 2019

https://go.ncsu.edu/data-jobs

Data Scientist 27,468

U.S. Job Openings for Data Scientists by Search Specificity

+ Entry Level 40%

+ Salary >$80,000 19%

+ Position Title 11%

+ Last 30 days 7% = 1,916 openings nationwide

Search query:

2% of total job openings

(entry level, $80K, last 30-days)

Page 6: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

U.S. Employment Market for “Data Scientists”

https://go.ncsu.edu/data-jobs

16% 4.0 pp29%27,145 6.3%1,707

Weekly average for the month of September, 2019

Page 7: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

U.S. Employment Market for “Data Scientists”

https://go.ncsu.edu/data-jobs

16% 4.0 pp29%27,145 6.3%1,707

Weekly average for the month of September, 2019

Cumulative Number of Analytics and Data Science Master’s Degrees Awarded in the United States

10,000

20,000

30,000

40,000

2008 2013 2018

250 M.S. programs in

Analytics & Data Science currently enroll

10,000 students

30,000grads since

2008

Page 8: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

U.S. Employment Market for “Data Scientists”

https://go.ncsu.edu/data-jobs

16% 4.0 pp29%27,145 6.3%1,707

Weekly average for the month of September, 2019

Cumulative Number of Analytics and Data Science Master’s Degrees Awarded in the United States

10,000

20,000

30,000

40,000

2008 2013 2018

250 M.S. programs in

Analytics & Data Science currently enroll

10,000 students

30,000grads since

2008

868 applicants in 1 day!

Page 9: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

>> > > become the data > scientist employers want > most to hire..._

Page 10: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

,2

,

-6 1

--4 01 , -2 ,

2 2

1 787

Page 11: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

,2

,

-6 1

--4 01 , -2 ,

2 2

1 787

Kevin ’16 Business UNC’15

Data Scientist, Home Depot

Eliza ’18 Public Policy UNC’15 Data Scientist, IBM

Ayesha ’18 Biostatistics UNC’17

Analytical Consultant, SASGarrett ’19 Mathematics, UNC’15 Data Scientist, DISH

Nikhil ’18 Stat/Comp Sci UNC’17 Data Scientist, Bain

Gregory ’19 Economics, UNC’01

Data Scientist, Fifth Third

Charlotte ’19 Stat/Environ Sci, UNC’18

Primrose Schools

Erin ’15 Mathematics, UNC’14

Sr Consultant, Deloitte

Ben ’19 Stat/Econ UNC’18

Data Scientist, Bain

Page 12: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

Ph.D.

Paths to Becoming a Data Scientist>

Traditional M.S.

Analytics/DS M.S.

Certificates

Bootcamps

Self-study (DYI)Technical Tools Teamwork Commun. P-Solving

Page 13: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

>> > > > the MSA algorithm..._

Page 14: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

1. Select

2. Learn3. Place

• APPLY SKILLS• CONTRIBUTE• LEARN MORE• EARN FAIR WAGE

Page 15: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

CORE & ELECTIVES CAPSTONE

CORE COURSES INTERNSHIP ELECTIVES

Traditional Learning Models

Page 16: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

CORE & ELECTIVES CAPSTONE

CORE COURSES INTERNSHIP ELECTIVES

Traditional Learning Models

Page 17: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

INTEGRATED LEARNING MODULES

PRACTICUM

Institute Learning Model

Page 18: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

INTEGRATED LEARNING MODULES

PRACTICUM

Institute Learning Model

t0

t40

Fraud Detection Deep Learning Optimization

Simulation Survival Analysis

Big Data Machine Learning

Text Mining Data Mining Visualization Time Series

Linear Algebra Logistic Regression

Python R, SAS, SQL

Page 19: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

Bank of America Practicum Team (L-R): Liz Mao, John Coletta, team leader Ben Yip, David Hiltbrand, and

Laney Sears

Page 20: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

Bank of America Practicum Team (L-R): Liz Mao, John Coletta, team leader Ben Yip, David Hiltbrand, and

Laney Sears

Page 21: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

>> > > How to choose the path > that’s right for you?_

Page 22: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

>> > > How to choose the path > that’s right for you?_

https://go.ncsu.edu/data-degrees

Page 23: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

>> > > How to choose the path > that’s right for you?_

https://go.ncsu.edu/data-degrees

The Growth of Analytics and Data Science Master’s Degree Programs in the United States

Cum

ulat

ive

Num

ber

of P

rogr

ams

50

100

150

200

250

300

2007 2013 2019

Data AnalyticsBusiness AnalyticsData Science

Institute enrolls first cohort

Page 24: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

> 3 key questions...> > > > Will your fellow students be as > talented and motivated as you are?_

Page 25: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

Practicum team (L-R): team leader Emily, Jagadeesh, Roger, Conor, and Katrina.

Page 26: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

>> UNC grads enrolled: 131 (15%)> average age: 25 (range: 20-40)> women: 45%> gpa: 3.47> distribution of majors:> –– math/statistics: 31%> –– business/economics: 33%> –– science/engineering: 18%> –– other majors: 18%

Page 27: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

Sarah WotusB.S., with Highest Distinction,

BiostatisticsUNC–Chapel Hill, 2019

20

20 Kyle Clapper

B.S.B.A., with Distinction,Business AdministrationUNC–Chapel Hill, 2019

Jackson CabellB.S., with Highest Distinction, Statistics and Analytics; EconomicsUNC–Chapel Hill, 2019

Walter CreechB.S., with Distinction, Statistics and Analytics; EconomicsUNC–Chapel Hill, 2019

Ellen DavisB.S.P.H., with Highest Distinction,

BiostatisticsUNC–Chapel Hill, 2019

Maxwell FairbairnB.S., with Distinction,Statistics and AnalyticsUNC–Chapel Hill, 2019

Elaine KingB.S., with Distinction,

Biostatistics; Women’s and Gender StudiesUNC–Chapel Hill, 2018

Ragi NayakB.S.P.H., Biostatistics

UNC–Chapel Hill, 2019

Noah SayreB.S., with Highest Distinction,Computer ScienceUNC–Chapel Hill, 2019

Mehak ShamdasaniB.A., Computer ScienceUNC–Chapel Hill, 2018

Page 28: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

20

20

Sandy PreissB.A., with Distinction, Psychology

UNC–Chapel Hill, 2009

Benjamin RobertsB.A., with Highest Distinction, Economics; Political ScienceUNC–Chapel Hill, 2018

Sameen SalamB.S., Biology; Music

UNC–Chapel Hill, 2019

Khoi TranB.A., with Distinction,EconomicsUNC–Chapel Hill, 2015

Ryan WeisnerB.A., with Distinction, Economics; Public PolicyUNC–Chapel Hill, 2018

Payal PatelB.S., with Distinction, Information Science

UNC–Chapel Hill, 2017

Basil RodtsB.S., with Distinction,

Statistics and Analytics; Environmental ScienceUNC–Chapel Hill, 2019

Andrea KopaskieB.S., Environmental Sciences

UNC–Chapel Hill, 2017

Grant KingB.A., with Highest Distinction,Economics; LinguisticsUNC–Chapel Hill, 2017

McKinnon MartinB.A., EconomicsUNC–Chapel Hill, 2017

Page 29: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

Heqing SunM.S., Chemistry

UNC–Chapel Hill, 2018

Lu WuPh.D., Mass CommunicationUNC–Chapel Hill, 2017

Class of 2020Highest Degree Earned

2%

Master's13%

Bachelor's85%

Class of 2020 UNC System Graduates

Non-UNC50%

Other UNC13%

Chapel Hill17%

NC State21%

Class of 2020 Prior Work Experience

≥ 3 Years29%

1-2 Years23%

None48%

Page 30: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

> Question #2 > > > > What’s the anticipated return on > the time and money you invested?_

Page 31: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

>> employment outcomes 131 UNC grads… > avg # of job interviews: 13> avg # of job offers: 3> students placed by graduation: 98% > avg starting salary: $94,100> avg signing bonus: $10,000> employers: 64> employed in NC: 48%

Page 32: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

`

https://go.ncsu.edu/msa-employment

Page 33: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

`

https://go.ncsu.edu/msa-employment

Page 34: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

`

https://go.ncsu.edu/msa-employment

Certified

Page 35: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

44% under-employed!

$56,250 (57%) NCSU – 2019

$44,000 Nationwide – 2018

Source: NCSU OIRP; U.S. Census Bureau, American Community Survey (IPUMS).

Median Salary

Median Salary

Median Salary

$98,500 (95%) MSA

75%

Median Starting Salary – Bachelors Degree

Page 36: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

NC Resident

Pre-MSA Salary Median* $63,000

(+) Tuition & Fees $26,500

(–) Signing Bonus $10,000

Total Investment $79,500

Post MSA Salary Median $104,000

(–) Pre-MSA Salary $63,000

Net Salary Increase $41,000

Payback Period (months) 23*Based on graduates with full-time employment prior to program entry.

Payback period (months) = ( Pre-MSA Salary + Tuition ) – Signing Bonus

( Post-MSA Salary – Pre-MSA Salary )x 12

Student Return on Investment (ROI) – Class of 2019

Page 37: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

> Question #3 > > > > Where do your tuition dollars go?_

Page 38: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

Faculty/staff resources fully dedicated to the program…

Page 39: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

Physical resources dedicated to the program…

Page 40: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

Physical resources dedicated to the program…

Page 41: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

https://analytics.ncsu.edu

Page 42: BECOMING A DATA SCIENTIST Carolina Analytics and Data ...analytics.ncsu.edu/reports/unc.pdf · Data Scientist, Home Depot Eliza ’18 Public Policy UNC’15 Data Scientist, IBM Ayesha

Jackson ‘19Statistics and Analytics; Economics

Maxwell ‘19Statistics and Analytics

Elaine ’18Biostatistics; Women’s and Gender Studies

Ragi ’19Biostatistics

Payal ‘17Information Science

Noah ’19Computer Science

Ryan ‘18Economics;

Public Policy

Sarah ’19Biostatistics Valerie

SchwartzHead of Admissions

Da’Esha McPhaulAssistant Head of Admissions

https://analytics.ncsu.edu