The Fellowship

The demand for data scientists is growing exponentially [1, 2] and McKinsey estimates a need for 140,000-190,000 more data scientists over the next few years [3]. New York City, with a burgeoning technology sector and home to more Fortune 500 companies than anywhere else in the world, is quickly becoming the center for data science. The competition for talent has led to compensation packages for talented first-year data scientists in the range from $100K to $200K. [1] “Big Data Needs Data Scientists or Quants” (Forbes Magazine, 2012) [2] “What Are The Odds That Stats Would Be This Popular?” (New York Times, 2012) [3] “Big data: The next frontier for innovation, competition, and productivity” (McKinsey Global Institute, 2011)

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