Estée Lauder CompaniesOne of the world’s leading cosmetics companies, Estée Lauder, is among the many organizations on this year’s roster of practicum project sponsors for the Master of Science in Analytics (MSA) Class of 2015. The seventeen projects—which span aerospace, autos, chemicals, consumer product goods, banking, energy, professional sports, transportation, heavy machinery, and government—were selected from over 50 proposals submitted to the Institute. In addition to Estée Lauder, new this year to the list of sponsors are: AT&T Labs, Cigna, John Deere, Liberty Mutual, MetLife, Northrop Grumman, Sensus, and the Jacksonville Jaguars of the National Football League. Returning sponsors include: Eastman Chemical, M&T Bank, Quaero, Railinc, The J.M. Smucker Co., Volvo, and Read the rest of this entry »

JSM 2014How the Statistics community can best respond to the demand for data science and analytics education was the topic of a presentation by the Institute’s director Dr. Michael Rappa at the Joint Statistical Meetings held this week in Boston. Data Science and its relationship to conventional statistics degree programs is the focus of an intensifying dialogue in academic departments across the country. Speaking to an audience of 200 attendees, Dr. Rappa encouraged Statistics faculty to play a leadership role in developing new curricula that squarely targets the broad set of skills individuals need to be productive data scientists. The invited special presentation was part of a session organized by Dr. Ming Li and chaired by Dr. Martha Gardner titled “The Industrial Internet Read the rest of this entry »

M.I.T.Speaking today at a summit on “Bridging the Data Science Talent Gap” held at MIT, the Institute’s director Dr. Michael Rappa shared his views on how universities can best respond to industry needs and address the acute shortage of data scientists. “Analytics is a team sport,” said Rappa. “We’ve focused our energy on creating a scalable learning model for producing high performing teams of professionals, who can blend together the mix of skills needed to draw insights from big data.” Dr. Rappa was joined in the discussion by colleagues from Carnegie Mellon University, Read the rest of this entry »

Shaina RaceThe Institute is delighted to announce the appointment of Dr. Shaina Race to the position of assistant professor. Protégé of esteemed mathematician Professor Carl Meyer, Dr. Race earned her Ph.D. in Operations Research from NC State in May. Her doctoral dissertation, Iterative Consensus Clustering, involves mathematical models for high-dimensional data analytics. Dr. Race has instructional experience in several areas of mathematics and won the Department of Mathematics Outstanding Teaching Assistant Award in 2011. Dr. Race also holds M.S. degrees in Analytics and Applied Mathematics from NC State, and a B.S. degree in Mathematical Science from Clemson University.

FCC press releaseThe results of work performed by a student practicum team in the Master of Science in Analytics (MSA) Class of 2013 has made its way into the latest report on consumer broadband wireline services published by the Federal Communications Commission (FCC), Measuring Broadband in America 2014. The team—led by Neha Rawal and including Suman Basu, Robert Moreira and Attila Veres—developed a novel method for measuring broadband performance (Internet data upload and download speeds) called the “consistent speed metric,” which provides a more accurate way to assess the quality of service actually experienced by households across the country. The consistent speed metric has been a catalyst in elevating the dialogue on broadband performance at a Read the rest of this entry »

MSA Student ProfilesThis week 86 candidates in the Class of 2015 begin a 10-month journey as the eighth cohort in the Institute’s innovative Master of Science in Analytics (MSA) degree program. The 2015 cohort is the result of the most selective admissions process in the history of the Institute. “It’s a very talented group,” said the Institute’s director, Dr. Michael Rappa, “I’m excited to have the opportunity to partner with them and look forward to the time we have together to launch their careers as analytics professionals.” The admissions committee reviewed 796 applications, up over 70-percent from last year, and three-times the number from just 24 months ago. Read the rest of this entry »

The Institute for Advanced Analytics invites interested organizations to submit a proposal to sponsor a practicum team project for the Master of Science in Analytics (MSA) Class of 2015. Since 2007, MSA students have conducted a wide variety of projects—70 in all—from virtually every industry sector, as well as state and federal government agencies. Sponsors identify challenging business problems and share data for their team to analyze. The 8-month project is conducted confidentially and without a sponsorship fee. The proposal submission period is open through July 15. To learn more about how to submit a proposal, please see the guidelines for Practicum Sponsorship. If you have questions, or would like to discuss a proposal before submission, please contact the Institute’s practicum manager, Dr. Christopher West. Read the rest of this entry »

Payback PeriodThat’s how long, on average, it will take for students who completed the Master of Science in Analytics (MSA) this year to recover the cost of attending (tuition and fees) and the year of lost earnings (pre-MSA salary). In investment terms, that’s the payback period: the length of time it takes for the cumulative gains from an investment to equal the cumulative cost. Ideally, investors—in this case students—would like the shortest possible payback period on their investment. Shorter payback periods generally have lower inherent risks. A post-graduation survey of students in the MSA Class of 2014 gives an estimated payback period of 19-months for North Carolina residents and 26-months for non-residents.
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