> I am studying applied maths and statistics.
> I am studying machine learning.
> I am in the data space.
> Goal is to become a data scientist.
One of the posters mentioned that in SA, smaller companies don't see the need for analytics
beyond descriptive analytics - emphasis is my addition.
I'd go so far as to say, depending on the industry, even larger companies do not really care about anything beyond descriptive analytics. My company's clients fall into that category. They are fairly large companies and all they're really interested in, is their operational reports. This leads to a lot of frustration from my side, as it is bland work. Sure the problem solving is fun, but I want to explore more.
If you want to do (what I deem
proper) data science in this country, you need to get into the finance and insurance industry - where you have enormous amounts of data that can train models for many different purposes. One large entry barrier for a lot of the positions for data science, is that they're looking for candidates that have a minimum of a MSc in mathematics and/or statistics.
There was a job advert that I saw the other day for a junior data scientist, for a company in Sandton. Their requirements were incredibly demanding. Some of the items were:
- PhD in applied mathematics, statistics, risk analysis or actuarial.
- Firm understanding of artificial neural networks.
- Firm understanding of regression/classification modelling (logistic, random forest, naive Bayes, etc)
- Firm understanding of MapReduce.
- Required technologies: R, Hadoop, Python, SQL, NoSQL, SAS.
- 1 year work experience.
They were offering R25k per month. I honestly laughed at the absurdity of the requirements and the amount they were offering. Surely they cannot be serious offering that salary with all of those competencies, and worse still: expecting a person with 1 year work experience to understand all of those concepts.