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what degrees/careers should i go into if i wanna make hella bank? (1 Viewer)

cossine

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Possible yes, however at the moment there is no job shortage involving data science or data analytics. This may be something worth considering. However if you work hard you can probably make it work.

https://www.jobsandskills.gov.au/data/occupation-shortage/occupation-shortage-list
 

idkkdi

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okay thanks - as someone who attends a selective school everyone and their mum is picking actl which is why i'm iffy (what if it gets oversaturated by the time we graduate and the job market’s flooded? feels risky banking on it even though it sounds like a solid degree right now)
actuarial field is alrdy oversaturated. u get the degree (proof ur smarter than the avg comm student) and go for finance jobs
if your role as a solicitor isn't intellectually demanding, you either work in conveyancing/migration/construction etc. or you're a shit lawyer
can u elaborate on this part. from what ive seen theres a lot of mind numbing bundle-collating/discovery/dd/contractual review at junior lvls. even a lot of correspondence etc is really just management/admin-esque and not exactly intellectual. seems like giving advice/strategy is where that intellectual demand comes in but how much of a job is that really pre-SA lvl. also out of curiosity how does one justify a legal career on the transactional side over eg IB
i've heard - and is it true that you need good connections to make it big? i don't have any family / family friends in law (not that i'm aware of since my family isn't very social unfortunately) so i'm wondering if that puts me in a big disadvantage
making it big anywhere comes down to how much money you bring to the table. u can alrdy have clients via family/connections etc or get them yourself
ooh that's quite interesting. why do you suggest this instead of doing actl?
actl/cs should place similarly into those positions
is there a reason actuary atar requirement much higher than engineering
engineering lacks demand from hs students
 

r25nd

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Possible yes, however at the moment there is no job shortage involving data science or data analytics. This may be something worth considering. However if you work hard you can probably make it work.
is this the case even if i were to go work in somewhere like perth (as shown in the listing?)
 

gammahydroxybutyrate

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actuarial field is alrdy oversaturated. u get the degree (proof ur smarter than the avg comm student) and go for finance jobs

can u elaborate on this part. from what ive seen theres a lot of mind numbing bundle-collating/discovery/dd/contractual review at junior lvls. even a lot of correspondence etc is really just management/admin-esque and not exactly intellectual. seems like giving advice/strategy is where that intellectual demand comes in but how much of a job is that really pre-SA lvl. also out of curiosity how does one justify a legal career on the transactional side over eg IB

making it big anywhere comes down to how much money you bring to the table. u can alrdy have clients via family/connections etc or get them yourself

actl/cs should place similarly into those positions

engineering lacks demand from hs students
e.g. if you're collating a tender bundle for trial, you need to know the background of the case, what facts are in dispute, and what legal issues are going to be contentious. the evidence you are putting in is the evidence that is most favourable to your clients case and most damaging to the others. you need to be applying the rules of evidence, noting the document may be hearsay or inadmissible opinion etc. and picking a choosing from the lens of what is relevant to the matter and what things will actually need to be proved. for discovery, you are applying similar forensic filters, working out what are the implications of the disclosure, what points you can grab onto and make a case out of, what information is relevant and what can be ignored. contractual review you are thinking about what the proper construction of each clause is, are there any possible loopholes that need to be closed where circumstances would arise and a particular clause isn't worded properly and would screw your client over, or based on your knowledge/experience working out what grounds aren't adequately covered and how to word them to close out any loose ends. i would say if you're doing your job properly it is generally quite intellectually demanding, however, this is obviously contingent upon what area of law you work in, and at what firm you work in. i've heard that at some of the bigger firms as juniors, you don't get trusted with anything outside of e.g. plugging details into pexa for a conveyance, which clearly isn't very intellectually engaging. but i've found at least if you have a good grip on the law, attention to detail and a keen eye, at some point people will begin to ask for your input, and if you keep having valuable things to say, it doesn't take long before you're trusted with more engaging things (subject to supervision ofc). in any job you have to deal with boring and mind numbing shit for a while when you're getting a hang of things and learning the ropes.
 

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v.tex

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Become a mining engineer. Thats what im gonna do. Grad salary is very good and you can easily get hired as no one does it.
 

idkkdi

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i mean, it is high demanding and only three yr in uni, SURELY you can quickly get a job after graduating w your degree before the demand falls
i think demand might recover a bit by then but right now its very bad across the board, with cs (which would probably include data science) being especially bad
 

jane1820

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i think demand might recover a bit by then but right now its very bad across the board, with cs (which would probably include data science) being especially bad
ai will never replace data science tho
im SOLELY talking abt data science by itself, not data science embedded in computer science
if anything, the rise of ai will only lead to a rise in data scientists/analysts, its a proportional linear relationship not an inverse

 

jane1820

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cossine

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i mean, it is high demanding and only three yr in uni, SURELY you can quickly get a job after graduating w your degree before the demand falls
Generally about 1/5 chance of not getting a job after graduation in the first year. I am not trying to say you cannot make data science. But I think there are better avenues.

Have you considered Bachelor of Medical Imaging.
 

cossine

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[/QUOTE]
[/QUOTE]

What I would recommend you do is create a profile on Seek or LinkedIn and have a look at the job application numbers.

Generally in the first day you are looking at 40–80 applicants. It is quite hard to obtain information on LinkedIn because often they write over 100 and jobs get reposted.

On Seek, it is easier to get a number, but sometimes applications to need to be submitted on an external website.
 

cossine

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is this the case even if i were to go work in somewhere like perth (as shown in the listing?)
I don't have any knowledge regarding Perth and data science job prospects. But perhaps this is something you could look into. If you do go for data science, I would recommend getting an internship and trying to hold it for a year or two minimum.
 

idkkdi

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Generally about 1/5 chance of not getting a job after graduation in the first year. I am not trying to say you cannot make data science. But I think there are better avenues.

Have you considered Bachelor of Medical Imaging.
the 1/5 number includes full time jobs in eg retail afaik
 

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