Hey guys, when I finish my undergraduate studies in statistics next year, I hope to work with data and statistical models. I know there are several ML-focused master’s programs, but the top ones appear to be incredibly pricey.
Are there any programs that focus on such topics without breaking the bank?
(Under around $50,000) I’m not sure if I’m ready to commit to a PhD and research, but I’m also open to working part-time.
Even if you want to work with data and complex models like machine learning after finishing your statistics degree, pricey programmes aren’t the only way. In general, public universities and online programmes are less expensive. You can also get financial aid. Look into programmes at the University of Illinois and Georgia Tech. They emphasise data analysis and real-world applications. Working part-time while studying is also a viable option. Simply organise your schedule properly and consult with your employer regarding flexibility.
Public universities often have affordable ML-focused programs under $50k. Online programs from universities can also be flexible and budget-friendly for part-time work. Look into scholarships and grants too - they can be a game-changer. I found a great public program myself, and working part-time was doable.
Don’t do Canadian universities, please. Big mistake since, in the absence of a US degree, it will be extremely difficult for you to get into the US market. Additionally, it is a grave mistake to work in technology for a Canadian corporation. 100k in Vancouver as opposed to between 300 and 800k in total compensation in the USA for AI.
Master’s programs in professional fields, such as AI or DS at UT Austin, cost $10,000. We are discussing a career that pays around $200k. Your bank account won’t suffer if you pay for the degree in a month. And your company likely has insurance for you.
Moving to a different nation where you can’t work while you’re a college student will undoubtedly cost you extra money.
Choosing between a research and professional degree is undoubtedly a crucial decision.
I would heartily recommend attending a full-time research college in their 20s for anyone who can afford to do so. Life is fun right now. The professional degree programs are fantastic for folks who need to earn money.