Description: Teaches the use of data and models to support decision making. Students learn how to model such relationships as the impact of advertising on sales, how historical data predict stock returns, and how changes in task characteristics can influence time to completion. Courses cover data mining, decision models, econometrics, forecasting time series data, risk management, trading strategies and systems and regression and multivariate data analysis.
The Stern School is the home of The Center for Business Analytics, an inter-disciplinary research initiative focused on the use of statistical, machine learning, econometric, optimization and experimental methodologies with massive datasets.
Prerequisites: Students have undergraduate degrees in a variety of academic backgrounds, including liberal arts, engineering, social sciences and business. GMAT score or GRE scores will be considered. Most applicants have between one and ten years of work experience (average is five) in professions such as consulting, financial services, entertainment, consumer products, nonprofit and technology.
Full-time program: 2 years.
Part-time options: Yes. Part-time and Executive MBA programs.
6 Tools to Protect Big DataMost IT teams have their conventional databases covered in terms of security and business continuity. But as we enter the era of big data, Hadoop, and NoSQL, protection schemes need to evolve. In fact, big data could drive the next big security strategy shift.
Big Data Brings Big Security ProblemsWhy should big data be more difficult to secure? In a word, variety. But the business won’t wait to use it to predict customer behavior, find correlations across disparate data sources, predict fraud or financial risk, and more.