Is this plan solid?

Is this plan on the right track?

I’m aiming to enter the data science and fintech sectors, even though I’m coming from a less prestigious university. Here’s my current plan:

  • Pursue a Bachelor’s Degree in Economics, which includes:
  • 3 courses in microeconomics
  • 3 courses in macroeconomics
  • 3 mathematics courses: multivariable calculus, linear algebra and differential/difference equations, and linear optimization
  • 3 statistics courses: descriptive statistics, probability, and parametric inference
  • 1 advanced econometrics course covering simultaneous equation models, VAR and SEM models, and static panel data models
    I’m currently in my third year of this program.

On top of my degree, I’m also taking:
– CS50P (Harvard’s Python course)
– MIT 6.006 (Introduction to Algorithms)
– Stanford’s Machine Learning Specialization

To gain practical experience, I’ll be solving problems on LeetCode.

Do you think this approach is strong enough for competitive roles in data science, fintech, and technical positions at banks? How do you think it stacks up against candidates with degrees in pure computer science or Math/Stats/Data Science?

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One response

  1. Your plan looks quite solid and comprehensive for breaking into data science, fintech, or technical roles in banks, especially considering your focus on relevant coursework and supplementary skills in programming and algorithms. Here are some thoughts on various aspects of your plan:

    Academic Background

    1. Economics Foundation: Your Economics degree, paired with a strong foundation in microeconomics, macroeconomics, statistics, and econometrics, will provide valuable insights into economic modeling and quantitative analysis, both critical skills in data-driven roles in finance.

    2. Mathematics Courses: The mathematics courses you’ve selected—multivariable calculus, linear algebra, differential equations, and optimization—are essential for understanding data science concepts and algorithms, particularly in Machine Learning.

    3. Statistics and Econometrics: Your focus on advanced statistics and econometrics will set you apart, as these skills are highly valuable in data analysis and interpretation in finance and Economics sectors.

    Computer Science Skills

    1. Programming Skills: Taking CS50P and the courses from MIT and Stanford significantly enhances your programming skills and technical knowledge. Python is particularly important for data science, and strong algorithmic skills will help in problem-solving and optimizing solutions.

    2. LeetCode Practice: Working on LeetCode problems will also prepare you for technical interviews, where algorithmic thinking is often tested. Make sure to practice a variety of problems, including data structures and algorithms.

    Competitive Edge

    While it is true that candidates with pure CS or Math/Stats/DS backgrounds may have an edge in terms of technical depth, your unique combination of economics and quantitative skills positions you well for roles in finance and data science. Many companies value diverse backgrounds, especially in fintech where an understanding of economic principles can be just as important as technical skills.

    Additional Suggestions

    1. Projects: Work on personal or collaborative projects that apply data science techniques to real-world datasets, especially those related to economics or finance. Showcase these on platforms like GitHub or a personal portfolio.

    2. Internships or Experience: Seek internships or work experiences in relevant fields early, as practical experience is invaluable. Experience in real projects can significantly enhance your resume.

    3. Networking: Engage with professionals in the industry through LinkedIn, meetups, or seminars. Networking can open up opportunities and provide insights into the skills that are currently in demand.

    4. Continued Learning: Stay informed on industry developments and consider pursuing additional certifications or online courses focused on data science tools (e.g., SQL, R, data visualization tools).

    Conclusion

    Overall, you’re building a solid foundation for a career in data science or fintech with your current trajectory. Keep refining your skills, gaining experience, and building your network, and you’ll be well-positioned for success in the industry. Good luck!

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