@swag might agree with me that the term ‘data scientist’ is overused and has different definitions per firm and role.
I’ve hired 11 data scientists and managed over 20+.
By my experience there is no distinction from getting a masters or completing a boot camp. The fundamentals revolve around statistics, data structures, and a language (R, python, Julia). FWIW, The best data scientist I’ve had the privilege of working with had his masters in biology who completed a DS boot camp.
No need to pursue an expensive masters program IMO.
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Data engineering (ELT) is also part of DS. However with SAAS ELT tools like snowplow, Rivery, Glue this makes ELT much less of a challenge for the role