Dice recently brought up the question: Are there data scientists that should be making $1 million?
In a recent article, they referenced a panel at the AI and Data Science and Trading Conference in New York. “The people who hire machine learning and AI-focused data scientists don’t agree. Million-dollar paydays are indeed attainable, they say. The only problem is that the vast majority of masters and PhD-level engineers who work at hedge funds and on investing teams tend not to have the required skillset.
However, compensation for those data scientists who develop the “holy grail” of technical skills, investment knowledge and the ability to communicate with stakeholders “has ballooned over $1 million” annually, Pook said. On the other side of the coin, those who just meet the table stakes of a technical skillset and a master’s degree are taking home pay packages one-fifth that size: usually between $150k-$200k, he added.”
Matt Stabile is the Manager of the Data Science and Data Engineering team, a talented and knowledgable group that represents Data Scientists and Data Engineers excited about working for companies at the forefront of the data revolution. We represent companies including the country’s largest media organizations, cutting-edge hedge funds and financial institutions, as well as many of the rapidly growing startups that call New York City home.