{"id":1294,"date":"2022-02-01T09:18:32","date_gmt":"2022-02-01T09:18:32","guid":{"rendered":"https:\/\/www.h1btransfersusa.com\/blog\/?p=1294"},"modified":"2022-02-01T09:18:34","modified_gmt":"2022-02-01T09:18:34","slug":"data-science-graduates-on-new-u-s-visas-can-earn-100k","status":"publish","type":"post","link":"https:\/\/www.h1btransfersusa.com\/blog\/data-science-graduates-on-new-u-s-visas-can-earn-100k\/","title":{"rendered":"Want to be a Data Scientist in the US? Here’s what you need to know"},"content":{"rendered":"\n

After years of limiting the amount of overseas talent <\/strong>available for banks’ technology and data science jobs <\/strong>under President Trump, the U.S. government is currently making it more straightforward for financial firms <\/strong>to hire international students under President Biden<\/strong>.<\/p>\n\n\n\n

Last week, the Biden government<\/strong> added data science and financial analytics to the list of degrees for which international students on student visas<\/strong> can spend three years after graduating in the U.S.<\/strong> rather than the standard one year for most courses. Known as ‘optional practical training<\/strong>‘, the three-year waiver is now being applied more widely.<\/p>\n\n\n\n

Salary figures for H1B visa holders<\/strong> indicate that recently graduated data science and analytics students who work for U.S. banks<\/strong> can expect to earn anything from $85k to $190k<\/strong>, depending upon their role and where they’re based. As we’ve noted previously, some of the highest salaries<\/strong> for technologists in finance are on offer at JPMorgan in California. Salaries are a great deal lower for entry-level quants at Wells Fargo<\/strong> in Charlotte.<\/p>\n\n\n\n

Pay for entry level data science and technology jobs in finance<\/h2>\n\n\n\n
Bank<\/strong><\/td>Job Title<\/strong><\/td>Salary<\/strong><\/td>Location<\/strong><\/td><\/tr>
JPMorgan<\/td>Software engineering analyst<\/td>$190k<\/td>Redwood California<\/td><\/tr>
JPMorgan<\/td>AI research senior associate<\/td>$169k<\/td>New York<\/td><\/tr>
JPMorgan<\/td>AI research senior associate<\/td>$140k<\/td>New York<\/td><\/tr>
JPMorgan<\/td>AI developer<\/td>$130k<\/td>New York<\/td><\/tr>
Bank of America<\/td>AVP software engineer I<\/td>$123k<\/td>New York<\/td><\/tr>
Bank of America<\/td>AVP data scientist II<\/td>$118k<\/td>Charlotte<\/td><\/tr>
JPMorgan<\/td>Associate software engineer<\/td>$115k<\/td>Jersey City<\/td><\/tr>
Bank of America<\/td>AVP quant finance analyst<\/td>$105k<\/td>Charlotte<\/td><\/tr>
JPMorgan<\/td>Quant research analyst<\/td>$95k<\/td>New York<\/td><\/tr>
Citi<\/td>Quant analyst<\/td>$95k<\/td>New York<\/td><\/tr>
Wells Fargo<\/td>Quant analyst<\/td>$85k<\/td>Charlotte<\/td><\/tr>
Citi<\/td>Business analytics intermediate analyst<\/td>$81k<\/td>New York<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

As 2.5 quintillion bytes <\/strong>of data are being created each day, each business requires a certified and skilled professional to organize and maintain the information as well as analyze it to offer robust business solutions<\/strong>. The Harvard Business Review has figured data scientists as the sexiest job in the 21st century<\/strong> as they help significant level decision-making by identifying trends and devising solid strategies.<\/p>\n\n\n\n

[USCIS to accept H-1B Cap registrations for FY 2023 on March 1, 2022<\/span><\/a>]<\/h4>\n\n\n\n

Furthermore, data scientist jobs <\/strong>are also viewed as the most sought job roles in the United States by Glassdoor for four consecutive years<\/strong>. The United States Bureau of Labor Statistics has announced that by 2026<\/strong>, the demand for talented and educated data scientists will help lead to a 27.9% <\/strong>rise in employment. However, this enormous demand has also brought forward a significant shortage of qualified professionals<\/strong>.<\/p>\n\n\n\n

Also now, educational institutions<\/strong> have approached to mitigate the shortage by revamping existing data science programs <\/strong>or creating new ones, with an industry-linked curriculum. This has led to a rise of data science programs to 50 <\/strong>by September 2020 from 13 in 2014 <\/strong>in the US.<\/p>\n","protected":false},"excerpt":{"rendered":"

After years of limiting the amount of overseas talent available for banks’ technology and data…<\/p>\n","protected":false},"author":1,"featured_media":556,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[20,1],"tags":[146,1257,1253,1256,1252,1258,1033,42,1255,821,1254,209,19],"yoast_head":"\nData Science Graduates on New U.S. Visas can Earn $100k<\/title>\n<meta name=\"description\" content=\"After years of limiting the amount of overseas talent available for banks' technology and data science jobs under President Biden.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.h1btransfersusa.com\/blog\/data-science-graduates-on-new-u-s-visas-can-earn-100k\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Data Science Graduates on New U.S. Visas can Earn $100k\" \/>\n<meta property=\"og:description\" content=\"After years of limiting the amount of overseas talent available for banks' technology and data science jobs under President Biden.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.h1btransfersusa.com\/blog\/data-science-graduates-on-new-u-s-visas-can-earn-100k\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-01T09:18:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-01T09:18:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.h1btransfersusa.com\/blog\/wp-content\/uploads\/2021\/02\/H1B-FB-10.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1040\" \/>\n\t<meta property=\"og:image:height\" content=\"595\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.h1btransfersusa.com\/blog\/#website\",\"url\":\"https:\/\/www.h1btransfersusa.com\/blog\/\",\"name\":\"\",\"description\":\"We Pave Your Career Path\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/www.h1btransfersusa.com\/blog\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.h1btransfersusa.com\/blog\/data-science-graduates-on-new-u-s-visas-can-earn-100k\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.h1btransfersusa.com\/blog\/wp-content\/uploads\/2021\/02\/H1B-FB-10.jpg\",\"width\":1040,\"height\":595,\"caption\":\"F-1 students\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.h1btransfersusa.com\/blog\/data-science-graduates-on-new-u-s-visas-can-earn-100k\/#webpage\",\"url\":\"https:\/\/www.h1btransfersusa.com\/blog\/data-science-graduates-on-new-u-s-visas-can-earn-100k\/\",\"name\":\"Data Science Graduates on New U.S. Visas can Earn $100k\",\"isPartOf\":{\"@id\":\"https:\/\/www.h1btransfersusa.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.h1btransfersusa.com\/blog\/data-science-graduates-on-new-u-s-visas-can-earn-100k\/#primaryimage\"},\"datePublished\":\"2022-02-01T09:18:32+00:00\",\"dateModified\":\"2022-02-01T09:18:34+00:00\",\"author\":{\"@id\":\"https:\/\/www.h1btransfersusa.com\/blog\/#\/schema\/person\/a54634710cb3b9d0fbe58eaf110c8252\"},\"description\":\"After years of limiting the amount of overseas talent available for banks' technology and data science jobs under President Biden.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.h1btransfersusa.com\/blog\/data-science-graduates-on-new-u-s-visas-can-earn-100k\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.h1btransfersusa.com\/blog\/data-science-graduates-on-new-u-s-visas-can-earn-100k\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.h1btransfersusa.com\/blog\/data-science-graduates-on-new-u-s-visas-can-earn-100k\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.h1btransfersusa.com\/blog\/\",\"url\":\"https:\/\/www.h1btransfersusa.com\/blog\/\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"position\":2,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.h1btransfersusa.com\/blog\/data-science-graduates-on-new-u-s-visas-can-earn-100k\/\",\"url\":\"https:\/\/www.h1btransfersusa.com\/blog\/data-science-graduates-on-new-u-s-visas-can-earn-100k\/\",\"name\":\"Want to be a Data Scientist in the US? 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