Any tips on "operative" skills?

[F A B]

I got a bachelor's degree in Economy last year, but now, for the master's, I'm moving more toward statistics and mathematics. To be more specific: Data analytics for business.

I like running experiments, recording data, and looking for interesting correlations. But I have no clue how I will be using those skills in the future after graduating (within two years).

I cannot see anything but wage slavery. I feel I can't develop anything on my own because those skills are meant to serve a project, not to start one.

[Preety_India]

You could join some upcoming entrepreneur in his project and raise funds through Venture capitalists (VCs) and Angel investors.

Then you can contribute your analytics skills while being an adjunct CEO. 

You get escape from wage slavery as well as contribution of your skills. 

 

[aurum]

6 hours ago, F A B said:

I like running experiments, recording data, and looking for interesting correlations

I'd consider a career in academia then. There's lots of lower consciousness ideas in the field of economics that need to be exposed. What about a PhD instead of a Masters?

[F A B]

19 hours ago, aurum said:

There's lots of lower consciousness ideas in the field of economics that need to be exposed.

Absolutely, it's also a very broad field. Bringing some knowledge and clarity in here may be a good task.

19 hours ago, aurum said:

What about a PhD instead of a Masters?

In my country you must get a master's before joining a PhD.

[F A B]

@datamonster I thank you for your witness, I really appreciated it.

Beyond my university, I have no idea how many people who choose Data Science come from Economics. 

May I ask you where are you from?

[F A B]

34 minutes ago, datamonster said:

Still not too many, which is good for you and me. The standard Economist will be limited to working with Excel spreadsheets and theory, but if you can code, if you know Python or R, SQL, Tableau or Looker and some ML you can add soo much more value.

Exactly, I'm approaching coding right now. As I expected, people who come from Mathematics or Engineering have an advantage in learning those stuff, but I can do it anyway. I'm also confident that this initial effort will be worth it, in the sense that I will never be as theoretical as them, but at least I have a solid understanding of macro/microeconomics, balance sheets, budget, business strategy, laws... More "practical" skills, I guess. Correct me if I'm wrong.

58 minutes ago, datamonster said:

In my team we were looking for Econometricians, but now we changed the job openings to Data Analyst simply because a Data Analyst is going to be much more hands-on and has valuable additional skills, even if they may have a bit less theoretical knowledge.

Interesting, what about your business? What do you do? Do you really need that much complex theory as they use to teach in class?

1 hour ago, datamonster said:

I'm from Spain

Nice!

[Giancarlo]

On 11/24/2020 at 8:09 PM, F A B said:

I cannot see anything but wage slavery. I feel I can't develop anything on my own because those skills are meant to serve a project, not to start one.

One thing Leo said in his College video that really stuck with me is that realistically you will probably work as a wage slave for a while before striking out on your own. Which is not necessarily a bad thing: you will build useful skills, build a network, and see how business actually works in the real world, all of which is invaluable.