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UC Berkeley Breeds Data Scientists Online: $60K, 18 Months
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Zman7
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Zman7,
User Rank: Strategist
6/23/2014 | 12:46:41 PM
Hmmmm...
Yeah - I'll bet that's a real high quality education.  
MedicalQuack
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MedicalQuack,
User Rank: Moderator
6/23/2014 | 12:48:14 PM
Quantitated Justificatiions..for things not true
As everyone pushes for the miracle solutions in quantitating everything, more of this will appear as well.  I'm not saying it's all junk by any means,but this lives within the framework as well as all you have to do with a news article is put an algebraic formula in the article and people just suck it up like it has to be the truth.

http://ducknetweb.blogspot.com/2013/12/quantitated-justification-for-believing.html

My Killer Algorithm page is stocked with many experts smarter than me that explain how this works and sometimes how Quants, data scientists, just flat out guess when they use non linear formulas and can't find actual numerical relationships...just don't get soaked on "all" reports and studies you read as this lives out there too.

http://www.ducknet.net/attack-of-the-killer-algorithms/

 
ChrisMurphy
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ChrisMurphy,
User Rank: Author
6/23/2014 | 1:03:54 PM
Premium vs. Cost Savings
We heard a lot about online education being able to lower the cost of higher ed. This goes the opposite direction -- a way to get a degree to market quickly and capture a premium by meeting a perceived skill shortage.
jastroff
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jastroff,
User Rank: Ninja
6/23/2014 | 1:42:10 PM
I'll Skip this Program...
Wow -- did they really say this?

>> The program appeals to a certain niche of student, such as women who dropped out of the workforce to have children, currently have young kids at home, and now want to reenter the workforce with a new set of highly marketable skills.

"That's a fantastic niche for us," says Weber.

Regardless of how off-putting that statement is, the program takes too long and costs too much. By the time you are done the market will have changed three times.

Some academic and lots of hands-on training in less than a year for about $18K with guaranteed placemement should do it.
Laurianne
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Laurianne,
User Rank: Author
6/23/2014 | 3:34:02 PM
Money matters
You can certainly find less expensive MOOCs, however, this is a master's degree program from a respected university, so it is a different animal from a one-off online course. Also you are paying for access to that UC Berkeley alumni network -- no small matter in the Bay area. Would a one-year timeframe make it more appealing, readers?
zaious
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zaious,
User Rank: Moderator
6/23/2014 | 10:58:56 PM
Re: I'll Skip this Program...
I think severla other universities will jump into the same band wagon and start offering online courses like these. (There are options but from top schools, it is few in number.) Naturally, the more providers deliver it, the cheaper it will be. I am not confiednt that they will be able to hold the price at that level for long.

jastroff
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jastroff,
User Rank: Ninja
6/23/2014 | 11:04:53 PM
Re: I'll Skip this Program...
State universities often susidize in state tuition with high professional program fees There is no excuse for a master's program to be more than 2 semesters.
Technocrati
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Technocrati,
User Rank: Ninja
6/23/2014 | 11:43:31 PM
Data Science Hits Main Stream ?

This is really great news for the field of Data Science.  I am not so sure one can " write their own salary" once you attain the lofty requirements to earn this degree, but I do think a degree in Data Science is the most exciting new degree today.

Technocrati
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Technocrati,
User Rank: Ninja
6/23/2014 | 11:48:56 PM
Re: Money matters

I agree there is a certain premium that I would expect to earn a Master's from Berkley.   Considering that most who would seriously pursue this degree already have had considerable work experience  - I think a year time frame would work better but 18  months isn't that bad.

Technocrati
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Technocrati,
User Rank: Ninja
6/23/2014 | 11:58:09 PM
Re: Money matters

On another note, it takes years of experience to become an effective Data Scientist.   And for the record, I don't think 18 months can qualified one for that title.

But the degree is from Berkley, so I would be willing to give it a go if financial aid were not an issue.

 

Too much for my budget.  I guess if I decide to go this route, then I will have to do it the old fashion way.

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