Is Data Science The New age MBA

Is Data Science The New age MBA

Is Data Science The New age MBA

Gone are the days when an MBA degree was your ticket to the corporate world.

Basic knowledge of marketing, HR, finance, macro and micro economic models, logistics and supply chain management, analysing a simple data set and reading case studies did guarantee you a job earlier! The ability to present this limited data set in the form of attractive power point presentations mostly acted as the “cherry on the cake”.

So what has changed in the present scenario? Nothing and everything! We are in an era where data is the new oil of digital economy.

Today’s world requires deep domain expertise integrated with soft skills.

The digital era, with an overflow of data, requires a professional who can collect and organise the data in a meaningful structure, analyse it through smart algorithms and arrive at a business/ social solution. Recently, at the launch of the Manipal Global Academy of Data Science, a senior colleague from an insurance multinational talked about how they are piloting an algorithm to not only reduce the time to settle vehicle accident claims for customers but also costs and human error significantly by shortening the claim-survey cycle.

Read Also:
DevOps For Data Science: Why Analytics Ops Is Key To Value

All that they did was mine their images repository and presto all new images could be analysed without the need for a surveyor. The end result: delighted customers, quicker settlement time and substantial amount of cost saving for the company. This is the power of data science! So what is data science? It is the science of transforming data for decision making.



Chief Analytics Officer Europe

25
Apr
2017
Chief Analytics Officer Europe

15% off with code 7WDCAO17

Read Also:
A Roadmap for Hybrid Cloud

Chief Analytics Officer Spring 2017

2
May
2017
Chief Analytics Officer Spring 2017

15% off with code MP15

Read Also:
The Need for Open Standards in Predictive Analytics

Big Data and Analytics for Healthcare Philadelphia

17
May
2017
Big Data and Analytics for Healthcare Philadelphia

$200 off with code DATA200

Read Also:
The Need for Open Standards in Predictive Analytics

SMX London

23
May
2017
SMX London

10% off with code 7WDATASMX

Read Also:
Why Deep Learning is Radically Different From Machine Learning
Read Also:
If You Want to Stop Big Data Breaches, Start With Databases

Data Science Congress 2017

5
Jun
2017
Data Science Congress 2017

20% off with code 7wdata_DSC2017

Read Also:
Cloud transition is critical to digital transformation

Leave a Reply

Your email address will not be published. Required fields are marked *