Self-publishing to the rescue

The new Coursera course by Princeton Professor Mung Chiang was so popular that Amazon and the publisher ran out of copies of the textbook before the course even started (see “new website features” announcement; requires login). I experienced a stockout of my own textbook (“Data Mining for Business Intelligence”) a couple of years ago, which caused grief and slight panic to both students and instructors. With stockouts in mind, and recognizing the difficulty of obtaining textbooks outside of North America (unavailable, too expensive, or long/costly shipping), I decided to take things into my own hands and self-publish a “Practical Analytics” series of … Continue reading Self-publishing to the rescue

The mad rush: Masters in Analytics programs

The recent trend among mainstream business schools is opening a graduate program or a concentration in Business Analytics (BA). Googling “MS Business Analytics” reveals lots of big players offering such programs. A few examples (among many others) are: Carnegie Mellon’s Heinz College Michigan State’s Broad School of Business NYU Stern University of Connecticut’s School of Business Rutgers Business School Drexel’s Lebow College of Business These programs are intended (aside from making money) to bridge the knowledge gap between the “data or IT team” and the business experts. Graduates should be able to lead analytics teams in companies, identifying opportunities where … Continue reading The mad rush: Masters in Analytics programs

The potential of being good

Yesterday I happened to hear talks by two excellent speakers, both on major data mining applications in industry. One common theme was that both speakers gave compelling and easy to grasp examples of what data mining algorithms and statistics can do beyond human intelligence, and how the two relate. The first talk, by IBM’s Global Services Christer Johnson, was given at the 2011 INFORMS Conference on Business Analytics and Operations Research (see video). Christer Johnson described the idea behind Watson, the artificial intelligence computer system developed by IBM that beat two champions of the Jeopardy quiz show. Two main points in the talk … Continue reading The potential of being good