19 answers
Cyprian
Student
Alaska, MI
1
Question
Updated
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How would computer science help me financially?
How would computer science help me financially.
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19 answers
Misa Tran
Tax Technology Consultant
12
Answers
Missouri City, Texas
Updated
Misa’s Answer
Studying computer science can provide you with valuable skills and knowledge that can lead to various financially rewarding opportunities. With a background in CS, you can pursue high-paying careers in tech companies, startups, finance, healthcare, and many other industries. Additionally, computer science skills are in high demand, allowing you to secure well-compensated positions and potentially advance in your career with competitive salaries and benefits. You should consider specializing in in-demand areas like data science, artificial intelligence, cybersecurity, or software development to further enhance your earning potential within the field of computer science.
Nihal Mishra
Software Engineer
2
Answers
Tampa, Florida
Updated
Nihal’s Answer
Indeed, it can be a goldmine! As a wise person once put it, "your income is directly proportional to the problems you solve", and Computer Science (CS) is brimming with intriguing challenges! It equips you with a plethora of skills that pave the way for a multitude of financially gratifying prospects. Armed with a CS background, you can chase after lucrative careers in tech firms and other sectors too. Remember, the digital age is on a steady rise. Plus, these skills are hot commodities, enabling you to secure well-compensated roles and potentially climb the career ladder, reaping fantastic salaries and benefits.
Guensly Louis
Solutions Specialist
7
Answers
Orlando, Florida
Updated
Guensly’s Answer
The obvious answer is that the skills you will receive during your pursuit will pay dividend with a high paying career. Furthermore, you build incremental habits that allows you to make great decision with money and how you plan out your life outside of your career. The problem solving and diligence muscle you exercise in your profession will easily carry over into your personal life. You will also be around very intelligent, wealthy, and like minded individuals which will ensure you are making the best decisions financially while also providing a pillar of support if needed.
Harshita Vegi
Audit Assistant
4
Answers
Pittsburg, California
Updated
Harshita’s Answer
The field of Computer Science is experiencing rapid growth. Numerous companies are on the hunt for skilled computer science engineers. With the world evolving and automation becoming increasingly prevalent, pursuing a career in computer science is an excellent choice. Earning a graduate degree in this field can open doors to lucrative job opportunities.
Alex Fung
Project Manager
4
Answers
New York, New York
Updated
Alex’s Answer
Computer science can provide a multitude of financial advantages and prospects, both directly and indirectly.
1. Lucrative careers: Numerous jobs related to computer science, including software engineering, data science, cybersecurity, and artificial intelligence, rank among the top earners in the employment market.
2. Stable employment: The need for tech experts is on the rise, promising enduring job stability.
1. Lucrative careers: Numerous jobs related to computer science, including software engineering, data science, cybersecurity, and artificial intelligence, rank among the top earners in the employment market.
2. Stable employment: The need for tech experts is on the rise, promising enduring job stability.
Huan Wang
Research Director
1
Answer
Union City, California
Updated
Huan’s Answer
Pursuing a career in computer science can be highly rewarding, especially from a financial perspective.
Junior-level computer science jobs often offer salaries ranging from $60,000 to $200,000 USD per year.
This income is typically sufficient to cover regular expenses such as housing, food, and transportation. With careful budgeting, it can also support an entire family. However, it's important to note that living in high-cost areas such as the Bay Area or New York City may present additional financial challenges.
Junior-level computer science jobs often offer salaries ranging from $60,000 to $200,000 USD per year.
This income is typically sufficient to cover regular expenses such as housing, food, and transportation. With careful budgeting, it can also support an entire family. However, it's important to note that living in high-cost areas such as the Bay Area or New York City may present additional financial challenges.
Aishwarya Pai
25
Answers
Updated
Aishwarya’s Answer
Hey, computer science can provide financial benefits through high-paying jobs, savings from remote work, entrepreneurial opportunities, freelancing, investment opportunities, and the potential for continuous learning and specialization.
Ankur Nadda
Management Consulting
2
Answers
Jersey City, New Jersey
Updated
Ankur’s Answer
Strong STEM background, whether computer science or any engineering/math degree is always handy in your career growth irrespective of what you want to do in the long run. You will always have a chance to switch profession or career, but these foundation skills will be great for any career path you take in the corporate world. If you plan to work for big corporations, firms or banks, these skills are indispensable, go for it and think later what you can do with these skills. Plus, the money is always above average, which is the biggest motivation for most of us I guess.
Mark Farrell
Senior Consultant / AI Automation Software Engineer
7
Answers
Ogden, Utah
Updated
Mark’s Answer
Embarking on a career in computer science paves the way for financial prosperity. Typically, a Bachelor's degree is sufficient, as the field is in high demand, negating the need for a Master's degree. However, it's important to note that a degree in computer science involves intensive mathematics. Certain roles like game developers, computer scientists, data scientists, and those involved in machine learning can be intricate. Yet, the complexity of your role as an engineer often corresponds with higher salary. Roles such as AI engineers and DevOps engineers are highly sought after and rank among the top earners in the field.
But remember, this is just the beginning. As you hone your skills, you can transition into roles like software tech lead, software manager, or even software architect, leveraging your industry experience and continuous learning. In the software industry, knowledge is indeed power. The more knowledge and certifications you accumulate throughout your career, the more marketable you become, especially when transitioning between companies.
Always remember, you have the power to negotiate your worth and should never undersell yourself. While you might have to compromise for an entry-level position, once you've gained experience and start exploring other opportunities, ensure you know your worth. Essentially, you can give yourself a promotion each time you decide to move. Best of luck on your journey!
But remember, this is just the beginning. As you hone your skills, you can transition into roles like software tech lead, software manager, or even software architect, leveraging your industry experience and continuous learning. In the software industry, knowledge is indeed power. The more knowledge and certifications you accumulate throughout your career, the more marketable you become, especially when transitioning between companies.
Always remember, you have the power to negotiate your worth and should never undersell yourself. While you might have to compromise for an entry-level position, once you've gained experience and start exploring other opportunities, ensure you know your worth. Essentially, you can give yourself a promotion each time you decide to move. Best of luck on your journey!
Mark Farrell
Senior Consultant / AI Automation Software Engineer
7
Answers
Ogden, Utah
Updated
Mark’s Answer
Having any kind of role in computer science will set you for financial success. You most likely only need a BS degree and wouldn't need to continue for a masters because the demand is so high. However, a degree in computer science requires heavy levels of math. Some software engineers such as game developers, computer scientists, data scientists and anything related to machine learning can be quite complex. However the more complexity of the role for the engineer. Most likely the more your going to get paid. Such as AI engineers and Devops engineers are in high demand and are pretty high on the totem pole for highest paid engineers. This is just the start though. As you progress your skillsets. You can move into other roles such as software tech lead, software manager or even software architecture that is inherited from your experience in the industry and carrying on your learnings. Knowledge is power in the software industry. The more knowledge and certifications you accrue in your career will continue to make you more marketable as your transitioning to other companies throughout your career. Remember this well. You have the ability to fight what your worth and don't even under sell your self. You might have to settle on something for entry level position. Once that is over and you start moving around. Take advantage of knowing what your worth and you can pretty much give your self promotions each time you decide to move. Good luck.
Ronnie Thomas
5
Answers
Updated
Ronnie’s Answer
Studying Computer Science can be very helpful. In high school, I focused on computer science, and it led to a rewarding career. Computer science teaches you to be comfortable with new technology and think analytically. These skills can help you find jobs in many different roles and give you confidence in companies using technology to stay ahead. A strong foundation in computer science helps you understand emerging technologies like Artificial Intelligence and Quantum Computing, which can lead to great financial rewards. However, it's important to pursue computer science if you're passionate about it. It’s a competitive field, and working on something you enjoy can lead to long-term happiness and success, not just short-term financial rewards.
Check out Coursera for some computer science courses. You can audit a course for free and see if that is a subject you would enjoy.
Ronnie recommends the following next steps:
Parth Trivedi
Financial Risk Technology Manager
5
Answers
Jersey City, New Jersey
Updated
Parth’s Answer
Computer Science is a wide field. Starting from programming, Database analysis, Analytics, Testing, Quality Check, Business Analytics, AI, Machine Learning and more. Knowledge of computer science is more like transferrable skills. And since this field is ever evolving, if you keep learning, there is always an opportunity to be financially independent. Technology is used in arguably all the industries so wherever you land, you can always make good money.
Jacob Werner
Software/DevSecOps Engineer
1
Answer
Colorado Springs, Colorado
Updated
Jacob’s Answer
There is a lot of financial opportunity available if you pursue Computer Science. If you pursue a degree in CS, you are opened up to a wide range of job opportunities that extend beyond Software Engineering, which can be a big benefit if you have other interests. There are CS jobs in the defense and government, space, financial, and entertainment industries to name a few. Typically the tech industry and other businesses that hire Computer Scientists offer great salaries and benefits. There is lots of money to be found in the tech sector, especially when the economy is good.
Obtaining an education in Computer Science can also equip you with the tools to start your own business if you have a good software idea. There can be money in taking that path as well if you are successful.
However it does take dedication to learn Computer Science as it is much more than learning to program. You have to understand computer systems, networking, architecture, design, among other topics to be a proficient Computer Scientist. For many, that requires an investment of going to college for CS and paying for it. Others who are more driven can be self-taught for cheaper, however that can have its own issues as not all companies accept candidates without degrees.
With all of this being said, I would not recommend pursuing Computer Science just for the financial aspect of it. It can be a very draining and taxing field and you have to enjoy it in order to be successful.
Obtaining an education in Computer Science can also equip you with the tools to start your own business if you have a good software idea. There can be money in taking that path as well if you are successful.
However it does take dedication to learn Computer Science as it is much more than learning to program. You have to understand computer systems, networking, architecture, design, among other topics to be a proficient Computer Scientist. For many, that requires an investment of going to college for CS and paying for it. Others who are more driven can be self-taught for cheaper, however that can have its own issues as not all companies accept candidates without degrees.
With all of this being said, I would not recommend pursuing Computer Science just for the financial aspect of it. It can be a very draining and taxing field and you have to enjoy it in order to be successful.
LuLu Stephenson
Insurance Sales Agent
13
Answers
Shreveport, Louisiana
Updated
LuLu’s Answer
Having a background in computer science can set you up for a career that is financially rewarding. Here's why:
* Constant Demand: The technology industry is thriving, constantly seeking skilled computer science experts. This means there are plenty of job opportunities with competitive pay.
* Attractive Pay: Those who graduate with a degree in computer science often receive higher starting salaries compared to graduates from other disciplines. This pattern continues throughout their careers, with seasoned professionals earning even more.
* Variety of Opportunities: Computer science offers a broad spectrum of specializations, each with its own potential for income. Whether it's software development or cybersecurity, there are numerous paths to cater to different interests and abilities.
* Constant Demand: The technology industry is thriving, constantly seeking skilled computer science experts. This means there are plenty of job opportunities with competitive pay.
* Attractive Pay: Those who graduate with a degree in computer science often receive higher starting salaries compared to graduates from other disciplines. This pattern continues throughout their careers, with seasoned professionals earning even more.
* Variety of Opportunities: Computer science offers a broad spectrum of specializations, each with its own potential for income. Whether it's software development or cybersecurity, there are numerous paths to cater to different interests and abilities.
Vincent Godinez, MBA
Finance Supervisor
3
Answers
Rolling Meadows, Illinois
Updated
Vincent’s Answer
Having a foundation in computer science can definitely set you up for a career that is financially rewarding. I have found that the skills gained from computer science have helped me to adapt quickly to changes in the tools and programs that I use every day in my role as a Finance Supervisor.
Many industries are seeking workers who can use critical thinking and out-of-the-box problem solving skills and there are plenty of job opportunities with competitive pay. I see people with computer science skills move quickly into new roles and get promotions faster than others who are not as knowledgeable.
Many industries are seeking workers who can use critical thinking and out-of-the-box problem solving skills and there are plenty of job opportunities with competitive pay. I see people with computer science skills move quickly into new roles and get promotions faster than others who are not as knowledgeable.
Kameswari Naga Shruthi Kompella
Software Developer
12
Answers
Bayonne, New Jersey
Updated
Kameswari Naga Shruthi’s Answer
Computer science can help you financially in several exciting ways! By learning computer science, you can gain skills that are in high demand. This means you could get a good job that pays well. You might become a software developer, creating apps and games, or work in cybersecurity, keeping important information safe. These jobs often come with good salaries, helping you earn money to support yourself and your family. Plus, computer science can help you think creatively and solve problems, which are valuable skills in many careers. So, learning computer science can open up many opportunities for a bright financial future!
deep sam
manager
13
Answers
Mechanicsburg, Pennsylvania
Updated
deep’s Answer
Computer Science is one of the most lucrative fields today and can significantly contribute to your financial growth. Here's how:
Growing Job Market: With the increasing reliance on technology in every sector, there is a high demand for Computer Science professionals. This demand is expected to grow in the future, providing job security.
Freelancing Opportunities: Computer Science skills such as coding, data analysis, and software development are highly sought after in the freelance market. This allows you to take on additional projects and increase your income.
Start Your Own Business: With a background in Computer Science, you could create software, apps, or digital solutions that fill a market need. Successful tech startups can be highly profitable.
Investment Opportunities: Understanding technology and trends can provide insight into investing in tech stocks or startups.
Remote Work Opportunities: Many tech jobs can be done remotely, saving you commuting costs and allowing you to work from locations where the cost of living might be lower.
Continual Learning and Upgradation: The tech field is always evolving. Continual learning can help you stay ahead of the curve, qualify for promotions, or move into higher-paying roles.
Passion for your work contributes to career satisfaction and success
Growing Job Market: With the increasing reliance on technology in every sector, there is a high demand for Computer Science professionals. This demand is expected to grow in the future, providing job security.
Freelancing Opportunities: Computer Science skills such as coding, data analysis, and software development are highly sought after in the freelance market. This allows you to take on additional projects and increase your income.
Start Your Own Business: With a background in Computer Science, you could create software, apps, or digital solutions that fill a market need. Successful tech startups can be highly profitable.
Investment Opportunities: Understanding technology and trends can provide insight into investing in tech stocks or startups.
Remote Work Opportunities: Many tech jobs can be done remotely, saving you commuting costs and allowing you to work from locations where the cost of living might be lower.
Continual Learning and Upgradation: The tech field is always evolving. Continual learning can help you stay ahead of the curve, qualify for promotions, or move into higher-paying roles.
Passion for your work contributes to career satisfaction and success
Sharadha Penchala
I am a Mobile Application Developer
3
Answers
Austin, Texas
Updated
Sharadha’s Answer
Computer science can help you financially in several ways:
1. **High-Paying Job Opportunities**: Careers in computer science, such as software development, data science, cybersecurity, and AI, often offer high salaries. The demand for skilled professionals in these fields is consistently growing, leading to competitive pay and job security.
2. **Freelancing and Remote Work**: With computer science skills, you can work as a freelancer or remote worker, offering services like web development, app development, and consulting. This flexibility allows you to tap into a global market and potentially earn more.
3. **Entrepreneurship**: Knowledge in computer science can help you develop and launch your own tech startup or create digital products like software, mobile apps, or online platforms. This entrepreneurial path can lead to substantial financial rewards if successful.
4. **Investment in Technology**: Understanding computer science can give you insights into emerging technologies and trends, helping you make informed investment decisions in tech stocks, cryptocurrencies, or other digital assets.
5. **Cost Savings**: With computer science skills, you can develop your own solutions or automate tasks, reducing the need to pay for external services or software, thus saving money in the long run.
6. **Enhanced Job Prospects**: Many industries value computer science skills, which can open up diverse job opportunities beyond traditional tech roles, enhancing your employability and career progression.
Overall, computer science provides versatile and valuable skills that can lead to various financial benefits and opportunities.
1. **High-Paying Job Opportunities**: Careers in computer science, such as software development, data science, cybersecurity, and AI, often offer high salaries. The demand for skilled professionals in these fields is consistently growing, leading to competitive pay and job security.
2. **Freelancing and Remote Work**: With computer science skills, you can work as a freelancer or remote worker, offering services like web development, app development, and consulting. This flexibility allows you to tap into a global market and potentially earn more.
3. **Entrepreneurship**: Knowledge in computer science can help you develop and launch your own tech startup or create digital products like software, mobile apps, or online platforms. This entrepreneurial path can lead to substantial financial rewards if successful.
4. **Investment in Technology**: Understanding computer science can give you insights into emerging technologies and trends, helping you make informed investment decisions in tech stocks, cryptocurrencies, or other digital assets.
5. **Cost Savings**: With computer science skills, you can develop your own solutions or automate tasks, reducing the need to pay for external services or software, thus saving money in the long run.
6. **Enhanced Job Prospects**: Many industries value computer science skills, which can open up diverse job opportunities beyond traditional tech roles, enhancing your employability and career progression.
Overall, computer science provides versatile and valuable skills that can lead to various financial benefits and opportunities.
Susan Eckler
HR: Resource Management Technology
2
Answers
Scottsdale, Arizona
Updated
Susan’s Answer
Hi Cyprian-
I see a lot of good answers here already and do not think you can go wrong with a focus on computer science. As mentioned, ongoing demand, good pay, and various opportunities. However, since this is a fluid and constantly changing area with new technologies, you will always need to keep your focus one step ahead, so your skills do not go stagnant. This is exciting but can also be challenging due to the fast pace of the technology environment. I tend to like this though as you will always have the opportunity to keep learning to stay in the game!
I see a lot of good answers here already and do not think you can go wrong with a focus on computer science. As mentioned, ongoing demand, good pay, and various opportunities. However, since this is a fluid and constantly changing area with new technologies, you will always need to keep your focus one step ahead, so your skills do not go stagnant. This is exciting but can also be challenging due to the fast pace of the technology environment. I tend to like this though as you will always have the opportunity to keep learning to stay in the game!