Monthly Archives: February 2020

Python for data science

Starting a Career in Data Science

If you’re trying to make a move straight out of college, you may want to go for an in-field position. Incidentally, we have a special video on that one! When it comes to training, understanding the statistical findings and their consequences is one of the main components. Luckily, degrees of economists are mostly focused on observational case studies and tests, so you can feel confident interpreting the findings. That extends to consider the theory behind M-L algorithms and their limitations, of course..

How to Transition to Data Science from Computer Science?

Econometrics combines linear and logistic regressions, as we have already mentioned, so graduates of Economics have a clear understanding of the theory behind Machine Learning models. In these work ads additional skills include problem solving and good critical thinking. Most degrees of Economics depend heavily on reviewing case studies, solving realistic problems and evaluating published articles, so you probably already possess these qualities. Communication skills are, of course, essential when working in a team and, as we have already mentioned, economics graduates often represent as a bridge between the data science team and higher management.

How to Transition to Data Science from Economics?

Finally, anyone who makes the move to Data Science needs a certain history in coding. Whether it’s R, Python or both, if you want to succeed in the field, knowing how to use such software is a must! If you’re an Economist in your twenties, we can suppose you’ve seen some Python or R file. In a business environment, therefore, you just need to gather more job experience. If you’re over 30 and you’re not a CS alum, you most likely haven’t used the machine in your college classes. So, you may think that lack of programming skills is your biggest challenge. But this is not to be the case. Simply concentrate on the technological aspect – programming, and the new applications..

complete Data Science Program

The findings of machine learning in Neural Networks can be confusing since they discover patterns rather than causal links. Therefore you need to be prepared to show versatility in your thinking and adapt accordingly. It is of course not a transition that can occur immediately, but rather one that occurs slowly with experience. Last but not least, a programming language or BI applications would need to be learned. Lucky for you, programming languages like Python and R aren’t so difficult to learn. And once you’re fluent in one programming language, you can easily master another, despite coming from a background in science.