New online master's degree to train the data scientists of tomorrow
ischool.berkeley.edu
New online master's degree to train the data scientists of tomorrow
1–10 of 53 posts
Re: New online master's degree to train the data scientists of tomorrow
#2While this program seems interesting, valuable, and a step in the right direction, the minute I read the $60,000 price tag I nearly choked on my gum and quickly pressed the back button. Coursera classes for me at least in the near future, hopefully within the next few years these degree programs will scale a little better and costs will plummet.
Re: New online master's degree to train the data scientists of tomorrow
#3While this program seems interesting, valuable, and a step in the right direction, the minute I read the $60,000 price tag I nearly choked on my gum and quickly pressed the back button. Coursera classes for me at least in the near future, hopefully within the next few years these degree programs will scale a little better and costs will plummet.
"Professional" degrees seem to be the new thing in Uni-marketing. The assumption appears to be it would be corporate sponsored, thus "cost does not matter".
They may need better data science behind their marketing.
Re: New online master's degree to train the data scientists of tomorrow
#4While this program seems interesting, valuable, and a step in the right direction, the minute I read the $60,000 price tag I nearly choked on my gum and quickly pressed the back button. Coursera classes for me at least in the near future, hopefully within the next few years these degree programs will scale a little better and costs will plummet.
60k - hehehe, good luck.
People prolly will tell: "It's Berkeley, dude!".
Re: New online master's degree to train the data scientists of tomorrow
#5While this program seems interesting, valuable, and a step in the right direction, the minute I read the $60,000 price tag I nearly choked on my gum and quickly pressed the back button. Coursera classes for me at least in the near future, hopefully within the next few years these degree programs will scale a little better and costs will plummet.
60k - hehehe, good luck. People prolly will tell: "It's Berkeley, dude!".
[deleted]
Re: New online master's degree to train the data scientists of tomorrow
#6>> The program will cost $60,000, which school officials
>> said compares favorably with other professional degree
>> programs. Entry-level data scientists in the San
>> Francisco area can command salaries in the $110,000 to
>> $130,000 range.
$60,000 is laughable. The justification based on salaries in California is laughable.
Unless a relocation package to California from anywhere there is internet is included in the fee?
Even then......
Re: New online master's degree to train the data scientists of tomorrow
#7While this program seems interesting, valuable, and a step in the right direction, the minute I read the $60,000 price tag I nearly choked on my gum and quickly pressed the back button. Coursera classes for me at least in the near future, hopefully within the next few years these degree programs will scale a little better and costs will plummet.
"Professional" degrees seem to be the new thing in Uni-marketing. The assumption appears to be it would be corporate sponsored, thus "cost does not matter". They may need better data science behind their marketing.
Perhaps if I am the CEO of some wealthy company, claiming I got a masters from Berkeley in a hip field might be worth 60,000.
Re: New online master's degree to train the data scientists of tomorrow
#8While this program seems interesting, valuable, and a step in the right direction, the minute I read the $60,000 price tag I nearly choked on my gum and quickly pressed the back button. Coursera classes for me at least in the near future, hopefully within the next few years these degree programs will scale a little better and costs will plummet.
"Professional" degrees seem to be the new thing in Uni-marketing. The assumption appears to be it would be corporate sponsored, thus "cost does not matter". They may need better data science behind their marketing.
I think these online technical degrees are just the next iteration beyond those one-year MS/MEng degrees that started popping up around 2000. This was back when "financial engineering" was the buzzword... that worked out well, didn't it?
I'm sure some firms will really like these degrees, but if you're a company (like Google, for example) insisting on a specialized degree, why not aim for PhD level? The income differential is marginal. In Chicago, PhD quants for funds generally start out around $140-150k. I'd argue those ppl are going to be more productive researchers/data scientists than what can be produced by an online program, due largely to value of a research oriented degree versus a skills oriented degree like this one. Even if there is a project component, it isn't the same as writing a thesis. I did an M.Eng way back, trust me: it just isn't the same as banging your head against a research topic for a couple years.
Also, for what it is worth, I found the target audience for one-year financial engineering degrees (Goldman Sach, etc) didn't respect the degrees as much as PhDs & MS w/thesis. They generally regarded it as a 5th year of university.
Criticism aside, I'm sure this is a great skill builder and ML is fun thing to learn. Not for $60k, though.
I like how they're still marketing that McK data science report. "Hadoop everything"
Re: New online master's degree to train the data scientists of tomorrow
#9>> The program will cost $60,000, which school officials >> said compares favorably with other professional degree >> programs. Entry-level data scientists in the San >> Francisco area can command salaries in the $110,000 to >> $130,000 range. $60,000 is laughable. The justification based on salaries in California is laughable. Unless a relocation package to California from anywhere there is internet is included in t…
I read an article in WSJ on rent hikes in SF this morning. Yikes.
I grew up in SoCal and miss it terribly, but my cost of living in Chicago is a tiny fraction of what it would be in SF and my income isn't behind California norms.
Maybe if I was 24 and looking for experience... I suppose you can apply the same argument to finance in Manhattan.
Re: New online master's degree to train the data scientists of tomorrow
#10While this program seems interesting, valuable, and a step in the right direction, the minute I read the $60,000 price tag I nearly choked on my gum and quickly pressed the back button. Coursera classes for me at least in the near future, hopefully within the next few years these degree programs will scale a little better and costs will plummet.
"Professional" degrees seem to be the new thing in Uni-marketing. The assumption appears to be it would be corporate sponsored, thus "cost does not matter". They may need better data science behind their marketing.
IMO This is not targeted towards individuals applying on their own.
I went to a walkabout of a similar online education company's office and asked them about the high cost for an online degree. The answer I received was
1. there is demand for this and
2. Most of the demand comes from people in the military serving in remote locations or people working inside other large organizations which foot the cost. and
3. They provide online infrastructure to courses of schools like UC-B, UNC etc and the colleges set the price so as not to dilute their "brand" because the online degree does not mention the fact that the degree was obtained online (this could have changed).
All in all, my initial shock was a bit tempered after hearing the realities involving all 3 parties : the school, the student and the online enabler.