The Class of 2019 is getting ready to enter one hot job market. And grads with a background in slicing and dicing data have an edge.
Data scientist was the highest-paying entry-level job last year, according to Glassdoor research. Young adults in this field earned a median annual base salary of $95,000. That’s higher than young Wall Street workers received as investment-banking analysts.
Businesses from fashion giants to hedge funds to venture capital firms are building teams focused on figuring out how to turn the information they capture into valuable insights.
“There’s such a high demand across industries for people with data-science skills,” said Amanda Stansell, senior research analyst at Glassdoor.
Recruitment for this profession will continue as more companies accumulate data and figure out what to to do with it, Stansell added.
Tech jobs dominated Glassdoor’s list of the top 25 highest-paying entry-level positions. Software engineer ranked second, with a median base salary of $90,000. The only non-technical and non-business profession on the list was physical therapists with a median salary of just under $64,000.
Job openings for the information-technology sector have increased more than 4% in the past year, according to the S&P 500 LinkUp Jobs Index. During the same period, postings for the financial industry dropped 10%.
Coding boot camps have proliferated in recent years amid talk of a skills shortage, and some companies have worked to combat the gap by partnering with locals schools to provide mentorship and training.
Graduates looking to pursue one of these jobs don’t need to limit themselves geographically. In addition to the coastal tech hubs, several other cities offer unique tech opportunities, including Huntsville, Alabama, and Detroit, Michigan.
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Screw those engineering and software careers. Diversity management and gender studies are the future.
Oh yea, gender studies does not require two full years of calculus, plus chemistry, physics, and materials science.
Where’s “poet” on the list?
Just ahead of Afro studies
tied with philosopher
Wow. I’ve been paying a 2 person software development team (overseas) for 4 years to create my software vision. We launch in a month (crossed fingers).
I haven’t paid them, in total, anywhere near even 1 years salary of any listed above.
Wish me luck.
Pay American, ASSHOLE!
Come on man, if you knew what I was creating you’d be quite proud of me. Plus, I don’t have 400 large to create this thing. Plus American = any and all nationalities now.
If my bet works out, I will brake the backs of the largest players in a still infant industry.
I know, I know….bold.
I mentioned to Nova Scotia boy that bold and outrageous either wins the day or makes for a great story.
Sounds like a good story, but I hope you “win.”
My kid’s a software engineer now living in Kansas City. Brat.
M G,
If your son is of a mind to, he could create endless companies. I believe software is that important. Just look at the industries that were upended by a better way via software.
I met a guy last week who is getting ready to sell his $60,000,000 yearly revenue software company. He said he started it with $1,000 borrowed money and didn’t know a single thing about how to create software.
Go figure. It’s the visionaries who make the truly big $$$.
A mine can processes mineral from its lower grade deposits profitably when metal prices are high, and from high grade deposits when prices are low.
When a consumer base is tapped out, credit cards maxed, inflation cutting everyone’s corners, sophisticated, targeted, data mining is needed to find any vein of profit.
The #1 Ranking for Data Scientist is a very bad sign.
They’ll also help Totalitarian Regimes identify who to inter when plans fall apart.
That’s right. When everything is free, you’re the product.
So a product manager is an entry level position? Without ever having managed anything before?
Like all of our “leaders”. No real world experience isn’t a hindrance.
One of my son’s college chums got his degree in Engineering Management. Seriously, the young man got hired to manage a team of engineers without ever having been one.
What a company… I would tell you but it is also my son’s company and I promised him I wouldn’t talk about him on TBP anymore.
It sure looks like all the high paying sexy jobs are going to those grads who will be nothing more than servo-mechanisms for the coming A.G.I. Singularity.
That’s an especially astute deduction.
I like the way you think.
Much appreciated. I admire how you express yourself .
servo-mechanisms….whatta great word!
it sparks great imagery of the matrix
Alex, I’ll take RePo man for 2K/wk, please.
I wanna know how they missed this guy?
And, if you ain’t been called “Hoss” recently, Y’all come on down and see what these old farmboys do ’round here.
https://www.youtube.com/watch?v=H3QEKT2mk_
Now I think I’ll go read about World Diplomacy as told by Hank Kissinger and listen to this collection.