- Cynthia Harrington, CFA
How to Make More than a Portfolio Manager
Become a data scientist, earn $1M per year. Here's how.
The investment industry’s demand for data scientists is
outstripping supply. Some data scientists are commanding
multimillion-dollar salaries. In Silicon Valley, fresh-out-
of-school salaries for data scientist jobs top $100,000 plus
benefits and equity stakes, and once employed, new hires are
contacted daily by recruiters with half-million dollar offers to switch companies. The talent shortage could reach as many as 250,000 data scientists by 2024, according to “The
Age of Analytics: Competing in a Data-Driven World,” a
McKinsey Global Institute (MGI) study released in
Considering this kind of demand and lucrative compensation, investment professionals need to figure out
how to position themselves for these new opportunities.
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